Existing Term Loan Tranche definition

Existing Term Loan Tranche has the meaning set forth in Section 2.16(a).
Existing Term Loan Tranche as defined in Section 2.26(a).
Existing Term Loan Tranche shall have the meaning set forth in Section 2.10(a) hereto.

Examples of Existing Term Loan Tranche in a sentence

  • The Borrower may at any time and from time to time request that all or a portion of the Term Loans of a given class or classes (each, an “Existing Term Loan Tranche”) be amended to extend the scheduled Maturity Date with respect to all or a portion of the Term Loans of such Existing Term Loan Tranche (any such Term Loans which have been so amended, “Extended Term Loans”) and to provide for other terms consistent with this Section 2.18.

  • Subject to Section 3.06 or Section 10.12, no Lender shall have any obligation to agree to have any of its Term Loans of any Existing Term Loan Tranche amended into Extended Term Loans or any of its Revolving Credit Commitments amended into Extended Revolving Credit Commitments, as applicable, pursuant to any Extension Request.


More Definitions of Existing Term Loan Tranche

Existing Term Loan Tranche has the meaning given to such term in Section 2.22(a).
Existing Term Loan Tranche has the meaning assigned to such term in Section 3.06(a).
Existing Term Loan Tranche has the meaning set forth in Section 2.16(a). “Extended Term Loans” has the meaning set forth in Section 2.16(a). “Extending Term Lender” has the meaning set forth in Section 2.16(c).
Existing Term Loan Tranche has the meaning specified therefor in Section 2.16 of the Agreement.
Existing Term Loan Tranche as defined in Section 2.26(a). “Existing Tranche” shall mean any Existing Term Loan Tranche or Existing Revolving Tranche, as applicable. “Extended Revolving Commitments” as defined in Section 2.26(b). “Extended Revolving Loans” as defined in Section 2.26(b). “Extended Revolving Loan Exposure” means, with respect to any Lender, as of any date of determination, the outstanding principal amount of the Extended Revolving Loans of such Lender. “Extended Term Loans” as defined in Section 2.26(a). “Extended Term Loan Exposure” means, with respect to any Lender, as of any date of determination, the outstanding principal amount of the Extended Term Loans of such Lender. “Extending Lender” as defined in Section 2.26(c). “Extension Amendment” as defined in Section 2.26(d). “Extension Date” means any date on which any Existing Term Loan Tranche or Existing Revolving Tranche is modified to extend the related scheduled maturity date(s) in accordance with Section 2.26 (with respect to the Lenders under such Existing Term Loan Tranche or Existing Revolving Tranche which agree to such modification). “Extension Election” as defined in Section 2.26(c). “Extension Request” means any Term Loan Extension Request or Revolving Extension Request. “Extension Tranche” means all Extended Term Loans of the same tranche or Extended Revolving Commitments of the same tranche that are established pursuant to the same Extension Amendment (or any subsequent Extension Amendment to the extent such Extension Amendment expressly provides that the Extended Term Loans or Extended Revolving Commitments, as applicable, provided for therein are intended to be a part of any previously established Extension Tranche). “Facility” means any real property (including all buildings, fixtures or other improvements located thereon) now, hereafter or heretofore owned, leased, operated or used by Borrower or any of its Subsidiaries or any of their respective predecessors or Affiliates. “Federal Funds Effective Rate” means, for any day, the rate per annum (expressed as a decimal, rounded upwards, if necessary, to the next higher 1/100 of 1%) equal to the weighted average of the rates on overnight Federal funds transactions with members of the Federal Reserve System on such day, as published by the Federal Reserve Bank of New York on the Business Day next succeeding such day; provided that, (i) if such day is not a Business Day, the Federal Funds Rate for such day shall be such rate on such transactions on the n...
Existing Term Loan Tranche and the Term Loans of such Tranche, the “Existing Term Loans”) or (ii) Revolving Credit Commitments and Revolving Credit Loans of one or more Tranches existing at the time of such request (each, an “Existing Revolving Tranche” and together with the Existing Term Loan Tranches, each an “Existing Tranche”, and the Revolving Credit Commitments of such Existing Revolving Tranche, the “Existing Revolving Credit Commitments”, and the Revolving Credit Loans of such Existing Revolving Tranche, the “Existing Revolving Loans” and, together with the Existing Term