Closing Date Term Loan definition

Closing Date Term Loan has the meaning set forth in Section 2.4(a).

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Closing Date Term Loan has the meaning specified in Section 2.01(b)(i).

Closing Date Term Loan means the term loans made pursuant to a Closing Date Term Loan Commitment.

Examples of Closing Date Term Loan in a sentence

• After giving effect to the making of its portion of the Closing Date Term Loan, each Lender’s Closing Date Term Loan Commitment shall, and as of the Closing Date did, terminate immediately and without further action.

• Effective Date:4 [_________], 20[____] [The remainder of this page has been intentionally left blank] * Amount to be adjusted by the counterparties to take into account any payments or prepayments of the Closing Date Term Loan made between the date of the Assignment and the Effective Date.

• The OID shall immediately constitute part of the principal amount of the Closing Date Term Loan for all purposes upon the making of the Closing Date Term Loan (and shall continue to constitute principal for all purposes thereafter until paid in full in cash).

• Any mandatory prepayments required under Section 2.5(c) to be paid (i) with respect to the Closing Date Term Loan from the Closing Date through the first anniversary of the Closing Date, shall be accompanied by a prepayment premium equal to one percent (1%) of such prepayment made and (ii) with respect to the First Amendment Term Loan and the Additional Term Loan shall be accompanied by a payment equal to the Minimum Return Amount payable upon the making of such prepayment.

• Each Lender and each Loan Party agree that (i) the Closing Date Term Loan and the Warrant shall be treated as an “investment unit” as that term is defined in Section 1273(c)(2) of the Code, and (ii) the aggregate fair market value of each of such investment units on the Closing Date is $1,000, where $886.47 is allocable to the Closing Date Term Loan and $113.53 is allocable to the Warrant.

More Definitions of Closing Date Term Loan

Closing Date Term Loan means a Term Loan made by a Lender to Company pursuant to Section 2.1(a)(i)(y).”

Closing Date Term Loan means an advance made by a Term Lender pursuant to Section 1.1(a).

Closing Date Term Loan has the meaning specified therefor in Section 2.2(a) of the Agreement.

Closing Date Term Loan means a Term Loan made by a Lender to Borrower pursuant to Section 2.1(a) on the Closing Date.

Closing Date Term Loan means each loan advanced by a Lender on the Closing Date pursuant to Section 2.01(a). For purposes of clarification, any calculation of the aggregate outstanding principal amount of the Closing Date Term Loan on any date of determination shall mean the aggregate principal amount of the Closing Date Term Loan made pursuant to Section 2.01(a) that has not yet been repaid as of such date.

Closing Date Term Loan means each Term Loan made on the Closing Date pursuant to the first sentence of Section 2.01(b).

Closing Date Term Loan or “Delay Draw Term Loan”) or by Class and Type (e.g., a “U.S. Closing Date Term Loan”).