Acquisition Term Loan Facility definition

Acquisition Term Loan Facility as defined in the definition of "Facility."
Acquisition Term Loan Facility means the facility referred to as the Acquisition Facility in the Credit Agreement.
Acquisition Term Loan Facility means the term loan facility established by the Lender pursuant to Section 2.2.2 (Acquisition Term Loan Facility).

Examples of Acquisition Term Loan Facility in a sentence

  • Amounts borrowed under the Acquisition Term Loan Facility that are repaid or prepaid may not be reborrowed.

  • Notwithstanding the foregoing, the conditions set forth in clauses (i), (ii) and (iv) above shall not apply in the case of any Incremental Term Loans or Incremental Commitments with respect to the RPS Acquisition Term Loan Facility which are to be borrowed on the RPS Acquisition Closing Date and shall have conditions to funding set forth in the applicable Incremental Commitment Amendment which are consistent with Section 4.03.

  • After giving effect to the Revolving Credit Facility Commitment, the Term Loan Facility Commitment, the Acquisition Term Loan Facility Commitment, and all Advances made thereunder, Borrower will at all times during the term of this Agreement be in compliance with the terms and conditions of the Indenture, in general, and the terms and conditions dealing with Permitted Indebtedness (as such term is defined in the Indenture), in particular.

  • Quarterly in advance on the first Business Day of each calendar quarter, commencing on January 3, 1999 (which is the first Business Day of the calendar quarter immediately following the Closing Date), so long as any Advance, any portion of the Revolving Credit Facility Commitment, any Letter of Credit or, any portion of the Acquisition Term Loan Facility Commitment remains outstanding, Borrower shall pay to the Agent for its own account an agency fee of $10,000 per quarter.

  • Acquisition Term Loan Facility: An Acquisition Term Loan tranche in an aggregate principal amount of $700 million plus, at the option of the Borrower, additional amounts to fund OID relating thereto (the “Acquisition Term Loan Facility” and such loans made thereunder the “Acquisition Term Loans”).

  • CONFIDENTIAL BUSINESS RESOURCE GROUP SUMMARY OF TERMS AND CONDITIONS $40,000,000 Secured Revolving Credit Facility $8,000,000 Secured Term Loan Facility $8,000,000 Secured Acquisition Term Loan Facility for BR Acquisition Corp.

  • Upon drawdown on the Acquisition Term Loan Facility, an incremental $8.4 million was incurred and the total of $63.3 million of deferred issuance costs are deferred and amortized over the term of the debt.

  • Final Maturity and Amortization: The Acquisition Term Loan Facility will mature on the date that is six (6) years after the Closing Date (the “Acquisition Term Loan Maturity Date”), and will amortize in quarterly installments over such period (beginning with the last day of the first full fiscal quarter after the Closing Date) in an amount equal to 1% per annum with the balance due on the Acquisition Term Loan Maturity Date.

  • The Term Loans will be made in consolidation, continuation and rearrangement of the Indebtedness outstanding under the Existing Term Loan Facility and the Existing Acquisition Term Loan Facility as of the Effective Date, other than the portions of such Indebtedness to be refinanced under the Revolving Credit Facility and the R/E Term Loan Facility.

  • An amount of $23,518,000 ($25,339,000 net of allocated issuance costs of $1,821,000) was recorded in share capital.


More Definitions of Acquisition Term Loan Facility

Acquisition Term Loan Facility shall have the meaning assigned and ascribed to such term as set forth in the second recital of this Loan Agreement.
Acquisition Term Loan Facility means that certain Term Loan Credit Agreement, in an aggregate amount not to exceed $100,000,000, dated as of September 15, 2006 among the Borrower, the lenders from time to time party thereto and Bank of Montreal in its capacity as the Acquisition Term Loan Agent and any promissory notes, security documents, collateral agreements, or other similar contracts or certificates executed and delivered in connection therewith.

Related to Acquisition Term Loan Facility

  • Initial Term Loan Facility means the Initial Term Loan Commitments and the provisions herein related to the Initial Term Loans.

  • New Term Loan Facility means the facility providing for the Borrowing of New Term Loans.

  • Term Loan Facilities means the Term Loan A Facility and the Term Loan B Facility.

  • Incremental Term Loan Facility has the meaning set forth in Section 2.16(a).

  • Existing Term Loan Facility means that certain Term Loan Credit Agreement, dated as of September 7, 2018, by and among the ProFrac Services LLC, as the borrower thereunder, Holdings, the guarantors party thereto, the lenders party thereto and Barclays Bank PLC, as the administrative agent and collateral agent (as amended, amended and restated, supplemented and otherwise modified from time to time, and together with the guarantee and security documentation executed in connection therewith).

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • Closing Date Term Loan Commitment means the commitment of each Lender to make Term Loans on the Closing Date hereunder in an aggregate principal amount not to exceed the amount set forth under the heading “Closing Date Term Loan Commitment” opposite its name in Schedule 2.01 hereto. The aggregate amount of the Closing Date Term Loan Commitments as of the Closing Date is $1,150,000,000.

  • Refinancing Term Loan Commitments shall have the meaning provided in Section 2.14(h).

  • Initial Term Loan Commitment means, in the case of each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(a) as such Lender’s Initial Term Loan Commitment. The aggregate amount of the Initial Term Loan Commitments as of the Closing Date is $795,000,000.

  • Initial Term Loan Lender means a Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • Additional Term Loan Commitment means any term commitment added pursuant to Sections 2.22, 2.23 and/or 9.02(c)(i).

  • Aggregate Term Loan Commitment means the combined Term Loan Commitments of the Lenders, which shall initially be in the amount of $50,000,000, as such amount may be reduced from time to time pursuant to this Agreement.

  • Initial Term Facility means the Initial Term Loan Commitments and the Initial Term Loans made hereunder.

  • Other Term Loan Commitments means one or more Classes of term loan commitments hereunder that result from a Refinancing Amendment.

  • Maximum Term Loan Amount means Forty Million and No/100 Dollars ($40,000,000).

  • Refinancing Term Commitments means one or more term loan commitments hereunder that fund Refinancing Term Loans of the applicable Refinancing Series hereunder pursuant to a Refinancing Amendment.

  • Loan Facility means the Revolving Loan Facility, the Transaction Specific Loan Facility or the Transaction Specific Revolving Loan Facility established by Lender in favor of Borrower under the Loan Documents.

  • Term Loan Amount means with respect to any Term Loan Lender, the amount equal to its Term Loan Percentage of the aggregate principal amount outstanding under the Term Loan.

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Tranche B Term Loan as defined in Section 2.1.

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

  • New Term Loan Commitments shall have the meaning provided in Section 2.14(a).

  • Existing Term Loan Credit Agreement means that certain Term Loan Credit Agreement, dated as of August 24, 2017, among the Borrower, the lenders from time to time party thereto and Sumitomo Mitsui Banking Corporation, as administrative agent (as amended, restated, supplemented or otherwise modified prior to the Effective Date).

  • Tranche C Term Loan Commitment means, with respect to each Tranche C Term Loan Lender, the commitment of such Lender to make Tranche C Term Loans under the Tranche C Term Loan Incremental Facility Agreement.

  • Incremental Facility Agreement means an Incremental Facility Agreement, in form and substance reasonably satisfactory to the Agent and the Borrower, among the Borrower, the Agent and one or more Incremental Lenders, establishing Incremental Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.18.

  • Incremental Term Loan Amount means, at any time, the excess, if any, of (a) $25,000,000 over (b) the sum of (i) the aggregate increase in the Revolving Credit Commitments established at or prior to such time pursuant to Section 2.24 and (ii) the aggregate amount of all Incremental Term Loan Commitments established prior to such time pursuant to Section 2.25.