Initial Term Loan definition

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

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Initial Term Loan means a Loan made pursuant to Section 2.01(a).

Initial Term Loan as defined in Subsection 2.1.

Examples of Initial Term Loan in a sentence

• Subject to the terms and conditions hereof, each 2024 Incremental Lender severally agrees to make, on the Third Amendment Effective Date, an Initial Term Loan to Borrower in an amount equal to such 2024 Incremental Lender’s Initial Term Loan Commitment.

• Borrower may make only one borrowing under clause (iii) of the second sentence of the definition of Initial Term Loan Commitment on the Fourth Amendment Effective Date.

• Each Lender’s Initial Term Loan Commitment provided on the Second Amendment Effective Date shall terminate immediately and without further action on the Second Amendment Effective Date after giving effect to the funding of such 2023 Refinancing-Incremental Lender’s Initial Term Loan Commitment on such date.

• Subject to the terms and conditions hereof and the occurrence of the Second Amendment Effective Date, each 2023 Refinancing-Incremental Lender severally agrees to make, on the Second Amendment Effective Date, an Initial Term Loan to Borrower in an amount equal to such 2023 Refinancing-Incremental Lender’s Initial Term Loan Commitment.

• Borrower may make only onemade an initial borrowing under clause (ii) of the second sentence of the definition of Initial Term Loan Commitment, which shall be on the Third Amendment Effective Date.

More Definitions of Initial Term Loan

Initial Term Loan means the Term Loans made on the Closing Date pursuant to Section 2.01(a).

Initial Term Loan means a Loan made by a Lender pursuant to Section 2.01(a) or (b), including, for the avoidance of doubt, a Converting Term Loan converted to an Initial Term Loan.

Initial Term Loan means any Initial Tranche B-1 Term Loan, Initial Tranche B-2 Term Loan or Initial Tranche B-3 Term Loan. For the avoidance of doubt, all Initial Term Loans are 2014 Term Loans.

Initial Term Loan means the term loan made, or to be made, to the Borrower by the Term Loan Lenders pursuant to Section 4.1.

Initial Term Loan means, collectively, the loans in an aggregate initial principal amount of $58,500,000 made by the Initial Term Loan Lenders to the Borrower on the Effective Date pursuant to Section 2.01(a).

Initial Term Loan is defined in Section 2.2(a)(i).

Initial Term Loan means Term Loans made by each Term Lender on the Closing Date.