Extended Initial Term Loans definition
Examples of Extended Initial Term Loans in a sentence
The Interest Periods and Adjusted Eurodollar Rates or HIBOR Rates, as applicable, in effect for the Existing Term Loans immediately prior to the 2016 Restatement Date shall remain in effect for the Non-Extended Initial Term Loans and the Extended Initial Term Loans resulting from the effectiveness of this Amendment on the 2016 Restatement Date, notwithstanding any contrary provision of Section 2.2 of the 2014 Credit Agreement or the Amended Credit Agreement.
All Extended Initial Term Loans of Extending Initial Term Lenders as of the Restatement Date that are Eurocurrency Rate Loans will have initial Interest Periods ending on the same dates as the Interest Periods applicable at such time to the corresponding Initial Term Loans of such Extending Initial Term Lenders.