Initial Term Loan Repayment Amount definition
Initial Term Loan Repayment Amount shall have the meaning provided in Section 2.5(b).
Initial Term Loan Repayment Amount means an Initial Tranche A Term Loan Repayment Amount or an Initial Tranche B Term Loan Repayment Amount, as the case may be.
Initial Term Loan Repayment Amount shall have the meaning assigned to such term in Section 2.11(a)(i).
Examples of Initial Term Loan Repayment Amount in a sentence
The cost of books, transportation, meals, and other related expenses are not covered under this plan.
More Definitions of Initial Term Loan Repayment Amount
Initial Term Loan Repayment Amount means ana 2017 Initial Tranche A Term Loan Repayment Amount or an Initial Tranche B Term Loan Repayment Amount, as the case may be.
Initial Term Loan Repayment Amount shall have the meaning provided in Section 2.5(b). “Initial Term Loan Repayment Date” shall have the meaning provided in Section 2.5(b). “Initial Term Loans” shall have the meaning provided in Section 2.1(a). -61- #96562806v11
Initial Term Loan Repayment Amount and together with the 2020 Incremental Term Loan Repayment Amount (as defined below), each, a “Term Loan Repayment Amount”) (which Term Loan Repayment Amount shall be reduced as a result of, and after giving effect to, the application of prepayments in accordance with the order of priority set forth in Section 5.01 and Section 5.02(a)(viii)): and (ii) the Borrowers agree to pay to the Administrative Agent, for the benefit of the Lenders of the 2020 Incremental Term Loans, on each date set forth below (each, a “2020 Incremental Term Loan Repayment Date”), the principal of the 2020 Incremental Term Loans in the amounts set forth below opposite such 2020 Incremental Term Loan Repayment Date (each, a “2020 Incremental Term Loan Repayment Amount”) (which 2020 Incremental Term Loan Repayment Amount shall be reduced as a result of, and after giving effect to, the application of prepayments in accordance with the order of priority set forth in Section 5.01 and Section 5.02(a)(viii)): For the avoidance of doubt, the Borrowers agree to pay to the Administrative Agent, for the benefit of the applicable Lenders, on the Term Loan Maturity Date, all then outstanding Term Loans.”
Initial Term Loan Repayment Amount shall have the meaning provided in Section 2.5(b) LEGAL_US_E # 167910103.1167910103.8
Initial Term Loan Repayment Amount shall have the meaning provided in Section 2.5(b). 46 “Initial Term Loan Repayment Date” shall have the meaning provided in Section 2.5(b). “Initial Term Loans” shall mean the term loans made or deemed to have been made to Borrower pursuant to Section 2.1, which on the Closing Date shall be as set forth on the “Aggregate Amount” column on Schedule 1.01(a). The aggregate outstanding principal amount of the Term Loans as of the Closing Date is $810,000,000. “Insolvent” shall mean, with respect to any Multiemployer Plan, the condition that such Multiemployer Plan is insolvent within the meaning of Section 4245 of ERISA. “Intercompany Subordinated Note” shall mean the Intercompany Note, dated as of the Closing Date, executed by Holdings, the Borrower and each Restricted Subsidiary, as supplemented from time to time. “Interest Period” shall mean, with respect to any Term Loan, the interest period applicable thereto, as determined pursuant to Section 2.9. “Investment” shall mean, for any Person: (a) the acquisition (whether for cash, property, services or securities or otherwise) of Stock, Stock Equivalents, bonds, notes, debentures, partnership, limited liability company membership or other ownership interests or other securities of any other Person (including any “short sale” or any sale of any securities at a time when such securities are not owned by the Person entering into such sale); (b) the making of any deposit with, or advance, loan or other extension of credit to, any other Person (including the purchase of property from another Person subject to an understanding or agreement, contingent or otherwise, to resell such property to such other Person) (including any partnership or joint venture); (c) the entering into of any Guarantee Obligation with respect to Indebtedness; or (d) the purchase or other acquisition (in one transaction or a series of transactions) of all or substantially all of the property and assets or business of another Person or assets constituting a business unit, line of business or division of such Person; provided that, in the event that any Investment is made by the Borrower or any Restricted Subsidiary in any Person through substantially concurrent interim transfers of any amount through one or more other Restricted Subsidiaries, then such other substantially concurrent interim transfers shall be disregarded for purposes of Section 10.5 (excluding, in the case of the Borrower and the Restricted Subsidiaries, intercompany loans, a...
Initial Term Loan Repayment Amount which amount shall be reduced as a result of the application of prepayments in accordance with Section 2.05) on March 31, June 30, September 30, and December 31 of each fiscal year of Holdings (commencing on December 31, 2018); provided, that if such date is not a Business Day, then such payment shall be made on the immediately preceding Business Day; provided, however, that the final principal repayment installment of the Initial Term Loans shall be paid on the Maturity Date for the Initial Term Facility and in any event shall be in an amount equal to the aggregate principal amount of all Initial Term Loans outstanding on such date and (ii) to the extent applicable, for the ratable account of the Delayed Term Lenders the aggregate principal amount of all Delayed Draw Term Loans outstanding in equal quarterly payments equal to 0.25% of the original principal amount of the Delayed Draw Term Loans funded on the Delayed Draw Closing Date (each such repayment amount, a “Delayed Draw Term Loan Repayment Amount”) which amount shall be reduced as a result of the application of prepayments in accordance with Section 2.05) on March 31, June 30, September 30, and December 31 of each fiscal year of Holdings (commencing on December 31, 2018); provided, that if such date is not a Business Day, then such payment shall be made on the immediately preceding Business Day; provided, however, that the final principal repayment installment of the Delayed Term Loans shall be paid on the Maturity Date for the Delayed Draw Term Loan Facility and in any event shall be in an amount equal to the aggregate principal amount of all Delayed Draw Term Loans outstanding on such date. For the avoidance of doubt, and solely to the extent applicable, any reduction in amortization payments as a result of the application of any prepayments in accordance with Section 2.05 shall be applied on a pro rata basis as between the Term Loans funded on the Initial Closing Date and the Delayed Draw Term Loans funded on the Delayed Draw Closing Date. In the event any Incremental Term Loans are made, such Incremental Term Loans shall mature and be repaid in amounts (each, an “Incremental Term Loan Repayment Amount”) and on dates as agreed between the Borrowers and the relevant Lenders of such Incremental Term Loans in the applicable documentation, subject to the requirements set forth in Section 2.14. In the event that any Extended Term Loans are established, such Extended Term Loans shall, subject to the ...
Initial Term Loan Repayment Amount shall have the meaning provided in Section 2.5(b). “Initial Term Loan Repayment Date” shall have the meaning provided in Section 2.5(b). “Insolvent” shall mean, with respect to any Multiemployer Plan, the condition that such Multiemployer Plan is insolvent within the meaning of Section 4245 of ERISA. “Intellectual Property” shall mean U.S. and foreign intellectual property, including all (i) (a) patents, inventions, processes, developments, technology, and know-how; (b) copyrights and works of authorship in any media, including graphics, advertising materials, labels, package designs, and photographs; (c) trademarks, service marks, trade names, brand names, corporate names, domain names, logos, trade dress, and other source indicators, and the goodwill of any business symbolized thereby; and (d) trade secrets, confidential, proprietary, or non-public information and (ii) all registrations, issuances, applications, renewals, extensions, substitutions, continuations, continuations-in-part, divisions, re-issues, re-examinations, foreign counterparts, or similar legal protections related to the foregoing. -45- “Interest Period” shall mean, with respect to any Loan, the interest period applicable thereto, as determined pursuant to Section 2.9. “Interpolated Rate” means, in relation to the LIBOR Rate, the rate which results from interpolating on a linear basis between: