Initial Term Facility definition

Initial Term Facility means the Initial Term Loan Commitments and the Initial Term Loans made hereunder.

Initial Term Facility means, (a) on or prior to the applicable funding date of such Initial Term Loans, the aggregate amount of the Initial Term Commitments and (b) thereafter, the aggregate principal amount of the Initial Term Loans.

Initial Term Facility the Initial Term Commitments and the Initial Term Loans made available thereunder.

Examples of Initial Term Facility in a sentence

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

• Subject to the terms and conditions hereof, each Lender severally agrees to make a single loan in Dollars to the Company on the Effective Date in a principal amount not to exceed its Term Commitment under the Initial Term Facility on the Effective Date.

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

• Unless the context requires otherwise, a reference to an Initial Term Facility or an Initial Term Advance shall, in this section of this document, include a Further Term Facility granted or a Further Term Advance given, in each case, to a Borrower.

• Subject to the terms and conditions hereof, each Term Lender severally agrees to make a single loan in Dollars to the Company on the Effective Date in a principal amount not to exceed its Term Commitment under the Initial Term Facility on the Effective Date.

More Definitions of Initial Term Facility

Initial Term Facility means the term loan facility established pursuant to Section 2.02(a).

Initial Term Facility means, at any time, the aggregate principal amount of the Initial Term Commitments and the Initial Term Loans of all Initial Term Lenders outstanding at such time.

Initial Term Facility means the Initial Term Loans provided to or for the benefit of the Borrower pursuant to the terms of this Agreement.

Initial Term Facility means the term loan facilities represented by the Initial Dollar Term Loans and the Initial Euro Term Loans.

Initial Term Facility means the term loan facility provided pursuant to Section 2.01(a).

Initial Term Facility means the aggregate principal amount of the Initial Term Loans of all Initial Term Lenders funded on the Closing Date, in each case as such amount may be increased pursuant to Section 2.15 or decreased from time to time in accordance with the terms hereof.

Initial Term Facility as defined in the recitals hereto.