Term Loan definition

Term Loan as defined in Section 2.1.
Term Loan shall have the meaning set forth in Section 2.2(a).
Term Loan has the meaning assigned to such term in Section 2.1(b).

Examples of Term Loan in a sentence

  • It is hereby clarified that the condition contained in this Clause 2.11(b) shall not apply in case the Borrower has availed a Flexi Term Loan, Flexi Interest-only Loan or Flexi Hybrid Loan.

  • Term Loan: Equated Monthly Instalments (EMI) as detailed in the Loan Documents.

  • Flexi Term Loan: Monthly Instalments comprising of Principal and Interest components as detailed in the Loan Documents.

  • If not sooner paid, the Term Loan shall be paid in full by the Maturity Date.

  • Existing Borrowers, Guarantors, and Lender are parties to that certain Amended and Restated Senior Term Loan and Security Agreement dated as of November 9, 2007 (as amended, restated, supplemented or otherwise modified from time to time, the “Loan Agreement”).


More Definitions of Term Loan

Term Loan means a loan made by a Lender to the Borrower pursuant to Section 2.2.
Term Loan means a Loan made pursuant to Section 2.01(b).
Term Loan means an advance made by any Term Lender under the Term Facility.
Term Loan means any Term B Loan, Incremental Term Loan, Other Term Loan or Extended Term Loan, as the context may require.
Term Loan means a Term A Loan or a Term B Loan.
Term Loan means a Tranche A Term Loan or a Tranche B Term Loan.