Additional Term Loan Facility definition

Additional Term Loan Facility means that term as defined in Section 2.10(b)(i) hereof.

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Additional Term Loan Facility shall have the meaning provided in Section 2.13(a).

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

Examples of Additional Term Loan Facility in a sentence

No Lender shall be obligated to provide the Additional Term Loan Facility.
Any Lender not responding within such time period shall be deemed to have declined to provide a commitment to such Additional Term Loan Facility.
The Administrative Agent shall promptly notify the Borrower and the Additional Term Loan Lenders of the final allocation of such Additional Term Loan Facility and the Additional Term Loan Facility Effective Date.
The Administrative Agent shall confirm, in writing, that the Accordion Increase has become effective and that the aggregate Commitments have been increased by the amount thereof or the Additional Term Loan Facility Commitments are in place, as applicable; and (iv) Borrower Certificate.
The Additional Term Loan Facility may be added hereunder pursuant to an amendment or restatement (the “Additional Term Loan Facility Amendment”) of this Agreement and, as appropriate, the other Loan Documents, executed by the Borrower, each Lender providing a commitment with respect to the Additional Term Loan Facility, each Additional Lender providing a commitment with respect to the Additional Term Loan Facility, and the Administrative Agent.

More Definitions of Additional Term Loan Facility

Additional Term Loan Facility means the loan facility hereunder pursuant to which Additional Term Lenders make Additional Term Loans pursuant to the terms of this Agreement.

Additional Term Loan Facility has the meaning specified in Section 2.01(b). “Additional Term Loan Facility Agreement” means an agreement evidencing a new Additional Term Loan Facility in form and substance reasonably acceptable to the Administrative Agent and the Borrower. “Additional Term Loan Facility Commitment” means, as to any Lender at any time, its commitment to an Additional Term Loan Facility as set forth in an Additional Term Loan Facility

Additional Term Loan Facility means the term loan facility established pursuant to Section 4.1(b).

Additional Term Loan Facility means additional credit facility entered into on or after the Closing Date consisting of term loans to the Borrower in an aggregate principal amount not to exceed $60 million; provided, that (i) the Additional Term Loan Facility shall be pari passu with the Loans hereunder and (ii) to the extent the terms of the Additional Term Loan Facility are not consistent with this Agreement, the covenants and events of default of such Additional Term Loan Facility shall not be more restrictive to the Borrower, when taken as a whole, than the terms of this Agreement, unless the Borrower offers to amend this Agreement in a manner that includes such more restrictive terms.

Additional Term Loan Facility means that term as defined in Section 2.10(b)(i) hereof. “Additional Term Loan Facility Amendment” means that term as defined in Section 2.10(c)(ii) hereof. “Adjusted Daily Simple SOFR” or “Adjusted Daily Simple SOFR Rate” means, for any day, an interest rate per annum, reset on each SOFR Business Day (rounded upwards to the next higher multiple 1/16th of 1% if such rate is not such a multiple, unless a Hedge Agreement with a Lender as the counterparty is in effect with respect to the Loans), equal to the greater of (a) (i) SOFR for the day that is five (5) SOFR Business Days prior to such day, published by the SOFR Administrator on the SOFR Administrator’s Website on the immediately succeeding SOFR Business Day, plus (ii) ten (10.0) basis points, and (b) the Floor. If by 5:00 pm (New York City time) on the second (2nd) SOFR Business Day immediately following any day on which SOFR is to be reset, SOFR for such day has not been published on the SOFR Administrator’s Website and a Benchmark Replacement Date with respect to Adjusted Daily Simple SOFR has not occurred, then SOFR for such day will be SOFR as published in respect of the first preceding SOFR Business Day for which such SOFR was published on the SOFR Administrator’s Website; provided that any SOFR determined pursuant to this sentence shall be utilized for purposes of calculation of Adjusted Daily Simple SOFR for no more than ten (10) consecutive SOFR Business Days. Any change in Adjusted Daily Simple SOFR due to a change in SOFR shall be effective from and including the effective date of such change in SOFR without notice to any Borrower. “Adjusted Term SOFR Rate” means for any Available Tenor and Interest Period with respect to a Term SOFR Loan, the greater of (a) the Floor and (b) (i) the forward-looking term rate for a period comparable to such Available Tenor based on SOFR that is published by CME Group Benchmark Administration Ltd (“CBA”) (“Term SOFR”) and displayed on CME’s Market Data Platform (or other commercially available source providing such quotations as may be selected by the Administrative Agent from time to time), at approximately 6:00 a.m. New York City time, two (2) Business Days (the “Lookback Day”) prior to the commencement of such Interest Period (and rounded to the nearest 1/16th of 1% ), plus (ii) ten (10.0) basis points; provided that if by 5:00 pm (Eastern time) on any Lookback Day, any tenor of Term SOFR for 3

Additional Term Loan Facility means the credit facility as described in and subject to the limitations set forth in Section 2.02.”

Additional Term Loan Facility as defined in the definition of “Facility” in this Section 1.1.