GPC Term Loan definition

GPC Term Loan means that Term Loan Agreement dated as of July 2, 2004 by and among GPC, as the borrower, those entities identified as guarantors and Bank of America, N.A. and the other lending institutions listed on Schedule 1 thereto and Bank of America, N.A., as agent.

Examples of GPC Term Loan in a sentence

  • The Parties acknowledge (a) the payment by MLP, in connection with the transactions contemplated hereby, of transaction expenses in the amount of approximately $[3,500,000] (exclusive of the Underwriters' discount), (b) the repayment by MLP of approximately $[51,000,000] of outstanding indebtedness under the GPC Term Loan and (c) the contribution by MLP of its remaining cash of approximately $[37,000,000] to OLLC as a capital contribution.

  • The Parties acknowledge (a) the payment by MLP, in connection with the transactions contemplated hereby, of transaction expenses in the amount of approximately $4,405,800 (exclusive of the Underwriters’ discount), (b) the repayment by MLP of approximately $51,000,000 of outstanding indebtedness under the GPC Term Loan and (c) the contribution by MLP of its remaining cash of approximately $45,250,000 to OLLC as a capital contribution.

Related to GPC Term Loan

  • ABR Term Loan means any Term Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.

  • New Term Loan shall have the meaning provided in Section 2.14(c).

  • Initial Term Loan shall have the meaning provided in Section 2.1(a).

  • Extended Term Loan shall have the meaning assigned to such term in Section 2.21(e).

  • Tranche B Term Loan as defined in Section 2.1.