Initial Dollar Term Loan definition

Initial Dollar Term Loan means (i) prior to the Amendment No. 1 Effective Date, the loans made in Dollars pursuant to Section 2.01(i)(x) and (ii) on and after the Amendment No. 1 Effective Date, the Amendment No. 1
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Initial Dollar Term Loan has the meaning assigned to such term in Section 2.01(a).
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Initial Dollar Term Loan as defined in Subsection 2.1(a).
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Examples of Initial Dollar Term Loan in a sentence

  • The Borrower may make only one borrowing under the Initial Dollar Term Loan Commitment and only one borrowing under the Initial Pounds Sterling Term Loan Commitment, which, in each case, shall be on the Closing Date.

  • For the avoidance of doubt, the Applicable Rate for ABR Loans or for Eurodollar Loans, as applicable, for the Incremental Term Increase shall mean, as of any date of determination, the applicable percentage per annum with respect to any Initial Dollar Term Loan as set forth in the definition of “Applicable Rate” in the Credit Agreement.

  • Each Borrowing of Initial Dollar Term Loans under this Agreement shall be made by the Lenders pro rata on the basis of their then-applicable Initial Dollar Term Loan Commitments.

  • For the avoidance of doubt, both the Tranche B Term Loans and the Initial Dollar Term Loans constitute a single Facility known as the Initial Dollar Term Loan Facility, with the same interest rate and maturity date.

  • All of the Tranche B-1 Dollar Term Loans (whether issued in exchange for an Initial Dollar Term Loan outstanding under the Credit Agreement or issued for cash) will be treated as fungible for U.S. federal income tax purposes.


More Definitions of Initial Dollar Term Loan

Initial Dollar Term Loan means the term loans denominated in Dollars made to the U.S. Borrower on the Closing Date pursuant to the terms of this Agreement as then in effect.
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