Initial Term Loans definition

Initial Term Loans means the term loans made by the Lenders on the Closing Date to the Borrower pursuant to Section 2.01(a).

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Initial Term Loans has the meaning specified in Section 2.01(a).

Initial Term Loans means the Term Loans made on the Closing date pursuant to Section 2.01(a) and the Incremental Term Loans made on the Amendment No. 1 Effective Date pursuant to Amendment No. 1.

Examples of Initial Term Loans in a sentence

• Subject to Sections 5.7 and 5.8, all amounts owed hereunder with respect to the Initial Term Loans shall be paid in full no later than the Maturity Date.

• The Initial Term Loans made on the Second Amendment Effective Date were made as part of a Borrowing consisting of Term Loans of the same Type made by the Initial Term Lenders ratably in accordance with their respective Initial Term Commitments.

• The 2022 Incremental Term Loans were voluntarily prepaid in full with the proceeds of the Initial Term Loans on the Second Amendment Effective Date.

• Upon execution and delivery hereof, Administrative Agent will record the 2025 Incremental Term Loans made by each 2025 Incremental Lender and the Initial Term Loans (as defined in the Existing Loan Agreement) made by each Assignee Lender in the Register therefor.

• The Existing Term Loans funded on the Closing Date were voluntarily prepaid in full with the proceeds of the Initial Term Loans on the Second Amendment Effective Date.

More Definitions of Initial Term Loans

Initial Term Loans means a term loan made by an Initial Term Lender pursuant to its Initial Term Commitment or 2020 Incremental Term Loans made pursuant to Amendment No. 3.

Initial Term Loans means, collectively, the Initial Dollar Term Loans and the Initial Euro Term Loans.

Initial Term Loans means all Initial Term Loans made by the Initial Term Lenders pursuant to Section 2.01(a).

Initial Term Loans means the Term Loans made under the Initial Term Facility.

Initial Term Loans means the Initial Tranche A Term Loans and the Initial Tranche B Term Loans.

Initial Term Loans means the term loans made by the Lenders on the Closing Date to the Borrower under this Agreement in an aggregate principal amount of $7,600,000,000.

Initial Term Loans means the term loans made by the Lenders to the Borrower on the Initial Term Loan Borrowing Date and by any Increase Joinder. As of the First Amendment and Restatement Effective Date, the outstanding aggregate principal amount of Initial Term Loans was $1,564,062,500.