Here, events of
default under a revolving credit facility in particular, can prove to be fatal for the company and its directors.
Not exact matches
If the amount available
under the Asset - Based
Revolving Credit Facility is less than the greater of (i) 12.5 % of the lesser of (A) the aggregate revolving commitments and (B) the borrowing base and (ii) $ 60 million, NMG will be required to repay outstanding loans and, if an event of default has occurred, cash collateralize letters o
Revolving Credit Facility is less than the greater of (i) 12.5 % of the lesser of (A) the aggregate revolving commitments and (B) the borrowing base and (ii) $ 60 million, NMG will be required to repay outstanding loans and, if an event of default has occurred, cash collateralize letters of c
Credit Facility is less than the greater of (i) 12.5 % of the lesser of (A) the aggregate
revolving commitments and (B) the borrowing base and (ii) $ 60 million, NMG will be required to repay outstanding loans and, if an event of default has occurred, cash collateralize letters o
revolving commitments and (B) the borrowing base and (ii) $ 60 million, NMG will be required to repay outstanding loans and, if an event of
default has occurred, cash collateralize letters of
creditcredit.
If the amount available
under the Asset - Based
Revolving Credit Facility is less than the greater of 1) 12.5 % of the lesser of (a) the aggregate revolving commitments and (b) the borrowing base and 2) $ 60 million, we will be required to repay outstanding loans and, if an event of default has occurred, cash collateralize letters o
Revolving Credit Facility is less than the greater of 1) 12.5 % of the lesser of (a) the aggregate revolving commitments and (b) the borrowing base and 2) $ 60 million, we will be required to repay outstanding loans and, if an event of default has occurred, cash collateralize letters of c
Credit Facility is less than the greater of 1) 12.5 % of the lesser of (a) the aggregate
revolving commitments and (b) the borrowing base and 2) $ 60 million, we will be required to repay outstanding loans and, if an event of default has occurred, cash collateralize letters o
revolving commitments and (b) the borrowing base and 2) $ 60 million, we will be required to repay outstanding loans and, if an event of
default has occurred, cash collateralize letters of
creditcredit.