Apace I Term Loan definition

Apace I Term Loan has the meaning prescribed by Section 3.1(a).

Examples of Apace I Term Loan in a sentence

  • Subject to the terms of this Agreement, Apace I may prepay the principal of the Apace I Term Loan, in whole or in part, at any time and from time to time.

  • The obligation to repay the Apace I Term Loan, and accrued interest thereon, shall be evidenced by this Agreement.

  • Any such prepayment shall be applied to the installments of principal of the Term Loan in the inverse order of maturity, ratably with respect to the Apace I Term Loan and the Apace II Term Loan in accordance with the respective outstanding principal amounts thereof outstanding as of the date of such application.

  • Any such voluntary prepayment of less than all of the outstanding principal of the Apace I Term Loan shall be applied to the installments of principal of the Apace I Term Loan in the inverse order of maturity.