First Lien Term Loans definition

First Lien Term Loans means the “Term Loans” (or any comparable term) as defined in the First Lien Credit Agreement.

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First Lien Term Loans means the term loans in an aggregate principal amount of $40,000,000 made to the Borrower on the Closing Date pursuant to the First Lien Credit Agreement.

First Lien Term Loans means the 2017 Replacement Term Loans and the 2018 Replacement Term Loans.

Examples of First Lien Term Loans in a sentence

• If the Borrower fails to specify a Type of Term Loan or Incremental First Lien Term Loan in a Committed Loan Notice or if the Borrower fails to give a timely notice requesting a conversion or continuation, then the applicable Term Loans or Incremental First Lien Term Loans shall be made as, or converted to, Base Rate Loans.

• With respect to any prepayment of the Term Facility and the Incremental First Lien Term Loans pursuant to Section 2.03(b) (other than prepayments pursuant to Section 2.03(b)(iii)), any Term Lender or Incremental First Lien Lender, at its option, may elect not to accept such prepayment; provided, for the avoidance of doubt, that no such Term Lender or Incremental First Lien Lender may elect to accept a partial prepayment.

• The Borrower will use the proceeds of the 2021-1 Incremental First Lien Term Loans only (a) to pay a portion of the consideration for the acquisition of substantially all the assets, and certain specified liabilities, of AffectLayer, Inc.

• On the Incremental First Lien Commitments Effective Date (as defined in Amendment No. 1), the Borrower obtained Incremental 2016 First Lien Term Loans (as defined in Amendment No. 1) pursuant to Amendment No. 1 on the terms and conditions set forth in Amendment No.

• Each of the parties hereto hereby agrees that, upon the effectiveness of any Refinancing Amendment, this Agreement shall be deemed amended to the extent (but only to the extent) necessary to reflect the existence and terms of the Credit Agreement Refinancing Indebtedness incurred pursuant thereto (including any amendments necessary to treat the Loans and Commitments subject thereto as Other First Lien Term Loans, Other Revolving Loans, Other Revolving Commitments and/or Other First Lien Term Commitments).

More Definitions of First Lien Term Loans

First Lien Term Loans means, collectively, the Initial First Lien Term Loan, the 2018 Incremental First Lien Term Loan, and the 2020 Incremental First Lien Term Loan.

First Lien Term Loans means the principal of and interest and premium (if any) on Indebtedness of the Company incurred under the First Lien Term Loan Agreement.

First Lien Term Loans means the term loans made under the First Lien Credit Agreement.

First Lien Term Loans has the meaning assigned to such term in the Credit Agreement as in effect on the Issue Date.

First Lien Term Loans means, the secured loans issued pursuant to the First Lien Credit Agreement in the aggregate principal amount prior to the Petition Date of approximately $225 million.

First Lien Term Loans means “Term Loans” as such term is defined in the First Lien Credit Agreement.

First Lien Term Loans means the first priority term loans arising under the First Lien Credit Agreement.