Funded Term Loans definition

Funded Term Loans as defined in the Original Credit Agreement.

Funded Term Loans means the term loans made by the Lenders to the Borrower pursuant to Section 2.01(a)(i).

Funded Term Loans means the collective reference to the Term Loans.

Examples of Funded Term Loans in a sentence

• Yes Bank Limited has issued “Loan Recall- Cum- Guarantee Invocation Notice” dated 17th February, 2022 & demanded that the Company should repay entire Term loan, Interest Funded Term Loans & Overdraft facilities.

• The proceeds of the Funded Term Loans are to be used solely to pay a portion of the Merger Consideration, to repay or otherwise satisfy and discharge the Existing Indebtedness, and to pay related fees and expenses.

• The Exit Fee is an agreed upon additional return with respect to the Funded Term Loans, fully earned on the Closing Date, and is not based upon, related to, or determined with reference to, the interest payable under this Agreement.

• On the Second Restatement Effective Date, (a) certain Non-Extended Funded Term Loans and Non-Extended Delayed Draw Term Loans were converted to Extended Term Loans (each as defined in the Existing Credit Agreement) pursuant to the Second Amendment and Restatement Agreement and (b) the First Amended and Restated Credit Agreement was amended and restated in the form attached as Exhibit A to the Second Amendment and Restatement Agreement (the “Existing Credit Agreement”).

• Funded Term Loans, ---------------------------------------------------------- Traditional Revolving Loans and Reducing Revolving Loans.

• Using our new enrollment model, the prediction is opening fall 2008 with 192 triples (which is 14 more than last fall).

• On the Second Restatement Effective Date, (a) certain Non-Extended Funded Term Loans and Non-Extended Delayed Draw Term Loans will be converted to Extended Term Loans pursuant to the Second Amendment and Restatement Agreement and (b) the Existing Credit Agreement will be amended and restated in the form of this Agreement.

• On the Restatement Effective Date, (a) certain Existing Funded Term Loans and Existing Delayed Draw Term Loans will be converted to Extended Term Loans pursuant to the Amendment and Restatement Agreement, and all other Existing Funded Term Loans and Existing Delayed Draw Term Loans will be redesignated as Non-Extended Funded Term Loans or Non-Extended Delayed Draw Term Loans, as applicable, and (b) the Original Credit Agreement will be amended and restated in the form of this Agreement.