Fixed Rate Term Facility definition

Fixed Rate Term Facility means, at any time, (a) on or prior to the Closing Date, the aggregate amount of the Fixed Rate Term Commitments at such time and (b) thereafter, the aggregate principal amount of the Fixed Rate Term Loans of all Fixed Rate Term Lenders outstanding at such time.

Examples of Fixed Rate Term Facility in a sentence

  • The Fixed Rate Term Borrowing shall consist of Fixed Rate Term Loans made simultaneously by the Fixed Rate Term Lenders in accordance with their respective Applicable Percentage of the Fixed Rate Term Facility.