Extended Initial Term Loans means the term loans made to the Borrower pursuant to the 2014 Credit Agreement, the 2015 Joinder Agreement or hereunder that are designated as "Extended Initial Term Loans" pursuant to the 2016 Amendment Agreement.
Examples of Extended Initial Term Loans in a sentence
The parties hereto acknowledge the making of the Non-Extended Initial Term Loans and the Extended Initial Term Loans under the 2014 Credit Agreement (the "Existing Term Loans").
As provided in the 2016 Amendment Agreement, the Existing Term Loans shall continue as outstanding under this Agreement in the form of Non-Extended Initial Term Loans in aggregate outstanding principal amounts on the 2016 Restatement Date equal to (x) USD196,449,592.64, (y) HKD565,302,834.08 and (z) MOP0.00 and Extended Initial Term Loans in aggregate outstanding principal amounts on the 2016 Restatement Date of (x) USD1,131,152,257.46, (y) HKD11,595,576,877.03 and (z) MOP3,934,966,355.36.
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.