Existing Term Loans definition

Existing Term Loans has the meaning specified in Section 2.16(a).
Existing Term Loans means the outstanding “Term Loans” under and as defined in the Existing Credit Agreement.
Existing Term Loans as defined in Subsection 2.10(a).

Examples of Existing Term Loans in a sentence

  • The Existing Term Loans funded on the Closing Date were voluntarily prepaid in full with the proceeds of the Initial Term Loans on the Second Amendment Effective Date.


More Definitions of Existing Term Loans

Existing Term Loans means as defined in Section 2.1(c).
Existing Term Loans shall have the meaning set forth in Section 2.10(a) hereto.
Existing Term Loans as defined in the recitals hereto.
Existing Term Loans. Term Loans” outstanding under the Existing Credit Agreement immediately prior to the Restatement Closing Date.
Existing Term Loans means the term loans in an aggregate principal amount of $730,000,000 outstanding under the Existing Amended and Restated Credit Agreement.
Existing Term Loans is defined in the second recital hereto.
Existing Term Loans or “Existing Revolving Commitments”); except (A) the final maturity date of any Extended Term Loans or Extended Revolving Commitments of a Class to be extended pursuant to an Extension shall be later than the maturity date of the Class of Existing Term Loans or Existing Revolving Commitments, as applicable, subject to the related Extension Amendment, and the Weighted Average Life to Maturity of any Extended Term Loans or Extended Revolving Commitments of a Class to be extended pursuant to an Extension shall be no shorter than the Weighted Average Life to Maturity of the Class of Existing Term Loans or Existing Revolving Commitments, as applicable, subject to the related Extension Amendment; (B) the all-in pricing (including, without limitation, margins, fees and premiums) with respect to the Extended Term Loans or Extended Revolving Commitments, as applicable, may be higher or lower than the all-in pricing (including, without limitation, margins, fees and premiums) for the Existing Term Loans or Existing Revolving Commitments, as applicable; (C) the revolving credit commitment fee rate with respect to the Extended Revolving Commitments may be higher or lower than the revolving credit commitment fee rate for Existing Revolving Commitments, in each case, to the extent provided in the applicable Extension Amendment; (D) any Extended Term Loans or Extended Revolving Commitments, as applicable, may participate on a pro rata basis or a less than pro rata basis (but not greater than pro rata basis) in any voluntary or mandatory repayments or prepayments hereunder, in each case as specified in the respective Extension Offer; and (E) the other terms and conditions applicable to Extended Term Loans and/or Extended Revolving Commitments may be terms different than those with respect to the Existing Term Loans or Existing Revolving Commitments, as applicable, so long as such terms and conditions only apply after the latest maturity of the Class of Existing Term Loans or Existing Revolving Commitments, as applicable, subject to the Extension Amendment;