Converted Initial Term Loans definition
Converted Initial Term Loans means, with respect to any Amendment No. 5 Consenting Term Lender that has consented to its Initial Term Loan being converted to a 2024 Term Loan, the entire outstanding Initial Term Loan held by such Amendment No. 5 Consenting Term Lender (or such lesser amount notified to such Amendment No. 5 Consenting Term Lender by the Administrative Agent) immediately prior to the effectiveness of Amendment No. 5 on the Amendment No. 5 Effective Date.
Converted Initial Term Loans has the meaning set forth in Section 2.01(c)(i).
Converted Initial Term Loans means, as to any Amendment No. 1 Consenting Term Lender, the entire aggregate principal amount of Initial Term Loans held by such Lender immediately prior to the Amendment No. 1 Effective Date (or, if less, the amount notified to such Lender by the Administrative Agent on or prior to the Amendment No. 1 Effective Date). “Corporate Practice of Medicine Laws” means all laws, regulations, common law, and attorney general opinions in whatever form, that prohibit any Person other than a licensed physician or professional corporation or professional association whose shareholders are exclusively licensed physicians from employing licensed physicians to provide professional medical services. “Corresponding Tenor” with respect to any Available Tenor means, as applicable, either a tenor (including overnight) or an interest payment period having approximately the same length (disregarding business day adjustment) as such Available Tenor. “Co-Syndication Agents” means the Persons listed on the cover page to this Agreement as Co- DocumentationCo-Syndication Agents. “Covered Entity” means any of the following: (i) a “covered entity” as that term is defined in, and interpreted in accordance with, 12 C.F.R. § 252.82(b);
Examples of Converted Initial Term Loans in a sentence
For the avoidance of doubt, all 2024 Term Loans, whether issued in exchange for Converted Initial Term Loans or for cash, shall be treated as a single fungible tranche of indebtedness for U.S. federal income tax purposes.