Initial Term Lender means any Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.
Initial Term Lender each Lender that has an Initial Term Commitment or that holds an Initial Term Loan.
Initial Term Lender means (a) at any time on or prior to the Closing Date, any Lender that has an Initial Term Commitment at such time and (b) at any time after the Closing Date, any Lender that holds Initial Term Loans at such time.
Examples of Initial Term Lender in a sentence
On the terms and subject to the conditionscontained in this Agreement, each Initial Term Lender severally agrees to make a loan (each an “InitialTerm Loan”) in Dollars to the Borrower on the Closing Date, in an amount equal to such Lender’s InitialTerm Commitment.
More Definitions of Initial Term Lender
Initial Term Lender means, at any time, any Lender that holds an Initial Term Loan at such time.
Initial Term Lender means any Lender with an Initial Term Loan Commitment or holding Initial Term Loans.
Initial Term Lender any Lender having an Initial Term Loan Commitment or an Initial Term Loan outstanding hereunder.
Initial Term Lender as defined in Section 2.1(a).
Initial Term Lender means any Lender that holds a portion of the Initial Term Loan at such time. “Initial Term Loan” has the meaning specified in Section 2.01(b). “Initial Term Loan Commitment” means, as to each Initial Term Lender, its obligation to make its portion of the Initial Term Loan to the Borrower Representative pursuant to Section 2.01(b), in the principal amount set forth opposite such Initial Term Lender’s name on Schedule 2.01. The aggregate principal amount of the Initial Term Loan Commitments of all of the Initial Term Lenders as in effect on the Closing Date is EIGHT HUNDRED TEN MILLION DOLLARS ($810,000,000). “Interest Payment Date” means, (a) as to any Term SOFR Loan or any Alternative Currency Term Rate Loan, the last day of each Interest Period applicable to such Loan and the Maturity Date; provided, however, that if any Interest Period for a Term SOFR Loan or an Alternative Currency Term Rate Loan, as applicable, exceeds three months, the respective dates that fall every three months after the beginning of such Interest Period shall also be Interest Payment Dates; (b) as to any Alternative Currency Daily Rate Loan, the last Business Day of each calendar month and the Maturity Date; and (c) as to any Base Rate Loan (including a Swing Line Loan), the last Business Day of each March, June, September and December, and the Maturity Date. “Interest Period” means, as to each Term SOFR Loan and each Alternative Currency Term Rate Loan, the period commencing on the date such Loan is disbursed or converted to or continued as a Term SOFR Loan or an Alternative Currency Term Rate Loan, as applicable, and ending on (x) solely with respect to Alternative Currency Term Rate Loans, the date one, three or six months thereafter (in each case, subject to availability for the interest rate applicable to the relevant currency), as selected by the applicable Borrower in its Loan Notice, (y) solely with respect to Term SOFR Loans, the date one, three or six months thereafter (in each case, subject to availability), as selected by the applicable Borrower in its Loan Notice, or (z) such other period that is twelve months or less requested by the applicable Borrower and consented to by all the Lenders required to fund or maintain a portion of such Loan; provided that: (a) any Interest Period that would otherwise end on a day that is not a Business Day shall be extended to the next succeeding Business Day unless such Business Day falls in another calendar month, in which case such...