Term Loans definition

Term Loans as defined in Section 2.1.

Term Loans means Tranche A Term Loans and Tranche B Term Loans.

Term Loans means, collectively, the Term A Loans, the Term B Loans and the Term C Loans.

Examples of Term Loans in a sentence

• Each Term Borrowing shall consist of Term Loans made simultaneously by the Term Lenders in accordance with their respective Applicable Percentages of the applicable Term Facility.

• The Closing Date Term Loans are not a revolving credit facility and any amounts paid or prepaid in respect of the Closing Date Term Loans may not be reborrowed, except to the extent provided in Section 2.01(b)(iii) below.

• Each Term Borrowing, each Revolving Borrowing, each conversion of Term Loans or Revolving Loans from one Type to the other, and each continuation of Term SOFR Loans shall be made upon irrevocable notice by the Borrower to the Administrative Agent.

• The Borrower will use the proceeds of the Term Loans, only as provided in Section 8.08.

• At any time the conditions precedent set forth in Section 4.02 have been satisfied, the Administrative Agent may request the Lenders to make Delayed Draw Term Loans to repay a Protective Advance (but without any requirement for a request or other information from a Borrower for such Loan).

More Definitions of Term Loans

Term Loans means the Initial Term Loans, any New Term Loans, any Replacement Term Loans, and any Extended Term Loans, collectively.

Term Loans has the meaning set forth in Section 2.01(c).

Term Loans means the Loans made by Lenders to Borrower pursuant to subsection 2.1A(i).

Term Loans means Initial Term Loans, Extended Term Loans and Incremental Term Loans, as the context may require.

Term Loans the collective reference to the Tranche A Term Loans and the Tranche B Term Loans.

Term Loans means, collectively, the Term A Loans and the Term B Loans.

Term Loans means the Term B-1 Loans and/or Incremental Term Loans.