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

Examples of Initial Term Loan in a sentence

Each Initial Term Lender’s Initial Term Loan Commitment shall automatically and without notice be reduced to zero immediately after the funding of the Initial Term Loans on the Closing Date.
The Borrowing of the Initial Term Loans on the Closing Date shall be in an aggregate amount equal to the aggregate Initial Term Loan Commitments.
Each Initial Lender shall make each Initial Term Loan to be made by it hereunder on the Closing Date by wire transfer of immediately available funds by 12:00 p.m. (New York City time), or such earlier time as may be reasonably practicable, to the account of the Administrative Agent most recently designated by the Administrative Agent for such purpose by notice to the Lenders.
The Initial Term Loan has been made to Borrower and Borrower shall be fully responsible for the full and timely payment of the Initial Term Loan and the performance of all covenants and agreements set forth in this Agreement, the Note, and the other Loan Documents.
The Initial Term Loan Commitments and Tranche B Loan Commitments shall terminate on the Closing Date immediately after the funding of the Initial Term Loans or Tranche B Loans, as applicable, on the Closing Date.

More Definitions of Initial Term Loan

Initial Term Loan as defined in Subsection 2.1.

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

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 as defined in Section 2.1(a). The aggregate principal amount of the Initial Term Loans on the First Incremental Amendment Effective Date giving effect to the incurrence of the Tranche B Term Loans and the application of proceeds thereof shall be $0.