Additional Term Loan definition

Additional Term Loan has the meaning specified in Section 2.01(c).

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Additional Term Loan shall have the meaning set forth in Section 2.3.

Additional Term Loan means a term loan made by a Lender to the Borrower pursuant to a New Term Loan Amendment entered into in connection with an increase of the Total Facility Amount under Section 2.19.

Examples of Additional Term Loan in a sentence

For the avoidance of doubt, the joinder or commitment agreements described above with respect to an Additional Term Loan may have applicable margins, commitment or facility fees, and other terms that are different than those of the Revolving Commitments and/or Existing Term Loan without requiring any modification of such terms.
At the time of sending any notice of such requested increase in the Aggregate Revolving Commitments and/or the Existing Term Loan or any notice of such requested funding of an Additional Term Loan, the Borrower (in consultation with the Administrative Agent) shall specify the time period within which each Lender is requested to respond (which shall in no event be less than ten (10) Business Days from the date of delivery of such notice to the Lenders).
The principal amount of the Existing Term Loan and any Additional Term Loan is due and payable in full on the applicable Term Maturity Date.
Any Lender not responding within such time period shall be deemed to have declined to (x) increase its Revolving Commitment and/or Existing Term Loan and (y) participate in the funding of an Additional Term Loan.
If the Aggregate Revolving Commitments and/or Existing Term Loan are increased, or an Additional Term Loan is funded, in any case in accordance with this Section, the Administrative Agent and the Borrower shall determine the effective date (the “Increase Effective Date”) and the final allocation of such increase or funding.

More Definitions of Additional Term Loan

Additional Term Loan shall have the meaning assigned to such term in Section 2.20(a).

Additional Term Loan means the Additional Term Loan made by Borrower to Lender pursuant to Section 201A hereof.

Additional Term Loan means, with respect to an Additional Lender, such Additional Lender’s Term Loan made pursuant to Section 2.18(c) with respect to the Term Loan Facility.

Additional Term Loan has the meaning assigned thereto in Section 4.6.

Additional Term Loan as defined in Section 2.1.

Additional Term Loan means an advance made by any Additional Term Lender and/or any existing Lender under an Additional Term Facility.

Additional Term Loan and “Additional Term Loans” shall have the respective meanings set forth in Section 2.1(e).