Initial Term Lender definition

Initial Term Lender means any Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.
Initial Term Lender means each Lender having an outstanding Initial Term Loan.
Initial Term Lender each Lender that has an Initial Term Commitment or that holds an Initial Term Loan.

Examples of Initial Term Lender in a sentence

  • Subject to the terms and conditions set forth herein, each Initial Term Lender severally agrees to make a single loan to the Borrower on the Closing Date in an amount not to exceed such Initial Term Lender’s Initial Term Commitment.

  • The Initial Term Loan Commitment of each Initial Term Lender shall be automatically and permanently reduced (i) on a dollar-for-dollar basis by the amount of each Term Loan Advance made by such Initial Term Lender pursuant to Section 2.1(3)(a) and (ii) to $0 at 5:00 p.m. (New York City time) on the Initial Term Loan Commitment Scheduled Termination Date to the extent any such Initial Term Loan Commitments remain outstanding at such time.


More Definitions of Initial Term Lender

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.
Initial Term Lender means, at any time, any Lender that holds an Initial Term Loan at such time.
Initial Term Lender means any Lender that holds an Initial Term Loan Commitment or makes an Initial Term Loan to the Borrower pursuant to Section 2.01(a).
Initial Term Lender means, as of any date of determination, each Lender having an Initial Term Loan Commitment or that holds Initial Term Loans.
Initial Term Lender means any Lender with an Initial Term Commitment or an outstanding Initial Term Loan.
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).