Acquisition Term Loan Line of Credit definition

Acquisition Term Loan Line of Credit means the aggregate commitment of the Lenders to make after the Closing Date Acquisition Term Loan to Companies in an aggregate principal amount of up to $4,193,513.50 pursuant to Paragraph 4.3 of Section 4 of this Financing Agreement. The parties hereto agree that as of the date of execution of the Fourth Amendment, $2,990,425.00 in Acquisition Term Loans have been made and that $1,203,088.50 is the remaining amount of Acquisition Term Loans available in connection with the Acquisition Term Loan Line of Credit.”
Acquisition Term Loan Line of Credit means the sum of $30,000,000."
Acquisition Term Loan Line of Credit. Section 1 of the Financing Agreement is hereby amended by amending and restating the definition ofAcquisition Term Loan Line of Credit” to read in its entirety as follows:

Examples of Acquisition Term Loan Line of Credit in a sentence

  • Within the Acquisition Term Loan Line of Credit and upon receipt of a Promissory Note, in the form of Exhibit A attached hereto, from the Companies, in the amount of the Acquisition Term Loan, the Lenders, acting through the Agent, will extend to ROA an Acquisition Term Loan, provided a) there is then no outstanding Default under this Financing Agreement and b) all of the conditions listed below are fulfilled to the sole but reasonable satisfaction of the Agent and the Lenders.

  • In the Phase 1 and Phase 2 study, it has been relatively infrequent at about 1% or so of the study population.


More Definitions of Acquisition Term Loan Line of Credit

Acquisition Term Loan Line of Credit means the sum of $30,000,000, less the aggregate outstanding principal amount of the Term Loans as of the date of any determination. Anniversary Date shall mean October 23rd of every year after the date of this Financing Agreement. For the avoidance of doubt, the first Anniversary Date shall be October 23, 2008, and the fifth Anniversary Date shall be October 23, 2012. Applicable Fee Percentage shall mean on any date of determination (subject to Paragraph 3 of Section 8 hereof), with respect to the Letter of Credit Guaranty Fee, the applicable rate per annum set forth in the definition of Applicable Increment, under the applicable caption, based on the Companiesconsolidated Funded Debt to Net Worth Ratio corresponding thereto as of the last day of the fiscal quarter ended immediately prior to such date of determination. Applicable Increment shall mean on any date of determination (subject to Paragraph 3 of Section 8 hereof), with respect to any Revolving Loan or the Term Loans bearing interest based on the Chase Bank Rate or Libor or any Letter of Credit, the applicable rate per annum set forth on Schedule I attached hereto under the applicable caption, based on the Companies’ consolidated Funded Debt to Net Worth Ratio corresponding thereto as of the last day of the fiscal quarter ended immediately prior to such date of determination. Applicable Sublimit shall mean $4,000,000.00; provided, however, that the amount of the Applicable Sublimit shall decrease automatically on December 31, 2007, and on the last day of each fiscal quarter thereafter, in each case by the sum of $100,000, until the Applicable Sublimit equals zero.

Related to Acquisition Term Loan Line of Credit

  • Equity Line of Credit shall have the meaning ascribed to such term in Section 4.13.

  • Line of Credit mean the credit facility described in the Section titled "LINE OF CREDIT" below.

  • Revolving Line of Credit means the Commitments of the Lenders to make Revolving Loans pursuant to Section 3 of this Financing Agreement and assist the Companies in opening Letters of Credit, Bankers Acceptances, Steamship Guarantees and Airway Releases pursuant to Section 5 of this Financing Agreement, in an aggregate amount equal to $250,000,000.

  • 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 Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Existing Term Loan Credit Agreement means the Term Loan Credit Agreement, dated as of August 30, 2012, among the Borrower, Credit Suisse, as administrative agent, and the various lenders and agents party thereto from time to time.

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Term Loan Credit Agreement has the meaning set forth in the recitals to this Agreement.

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

  • Line of Credit Note shall have the meaning given the term in Section 2.1.a.

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

  • Maximum Term Loan Amount means Two Hundred Million and No/100 Dollars ($200,000,000).

  • Revolving Loan Agreement means that certain Revolving Credit and Security Credit Agreement dated as of the Closing Date by and among Revolving Loan Agent, the Revolving Loan Lenders and the Loan Parties, as amended, restated or otherwise modified from time to time to the extent not prohibited by the Intercreditor Agreement.

  • 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(b) as such Lender’s Initial Term Loan Commitment. The aggregate amount of the Initial Term Loan Commitments as of the Closing Date is $820,000,000.

  • Term Loan A has the meaning set forth in Section 2.2(a).

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

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

  • Aggregate Term Loan Commitment means the combined Term Loan Commitments of the Lenders, which shall initially be in the amount of $90,000,000, as such amount may be adjusted as permitted by this Agreement.

  • Term Loan Agreement has the meaning assigned to such term in the recitals of this Agreement.

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

  • Term Loan as defined in Section 2.1.

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

  • 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).

  • Extended Term Loan shall have the meaning assigned to such term in Section 2.21(e).

  • 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.