Examples of Extended Term Loan in a sentence
After giving effect to the making of the April 2024 Incremental Loan, the Term Loan Commitment Amount, Term Loan Commitment Percentage, ATW Extended Term Loan Commitment Amount, ATW Extended Maturity Term Loan Commitment Percentage and Incremental Loan Commitment Amount of each Lender are as set forth on Schedule I to this Agreement.
Commitments shall be established pursuant to an amendment (each, an “Extension Amendment”) to this Agreement among the Borrower, the Administrativeeach applicable Agent and each Extending Term Loan Lender providing an Extended Term Loan or Extended Revolving Credit Commitments, as applicable, thereunder, which shall be consistent with the provisions set forth in Section 2.16(a) or (b), as applicable, above (but which shall not require the consent of any other Lender).
Each Extension Offer shall specify the date on which the applicable Borrower proposes that the Extended Term Loan shall be made or the proposed Extended Revolving Commitment shall become effective, which shall be a date not earlier than ten (10) Business Days after the date on which the Extension Offer is delivered to the Administrative Agent (or such shorter period agreed to by the Administrative Agent in its reasonable discretion).
Each prepayment in respect of any Term Loans pursuant to this Section 5.1 shall be (a) applied to the Class or Classes of Term Loans as the Borrower may specify and (b) applied to reduce Tranche B-1 Term Loan Repayment Amounts, Tranche B-3-4 Term Loan Repayment Amounts, any New Term Loan Repayment Amounts, and, subject to Section 2.14(g), Extended Term Loan Repayment Amounts, as the case may be, in each case, in such order and to such Classes as the Borrower may specify.