Multi-Draw Term Loan Lender definition

Multi-Draw Term Loan Lender means each Lender with a Multi-Draw Term Loan Commitment or holding Multi-Draw Term Loans as designated on Schedule II hereto (or as updated from time to time by the Administrative Agent pursuant to the terms hereof), in a joinder reflecting any Multi-Draw Term Loan Increase or in an Assignment and Assumption.
Sample 1Sample 2Sample 3
Multi-Draw Term Loan Lender means the Lenders listed on Schedule I with Multi-Draw Term Loan Commitments and Lenders from time to time holding Multi-Draw Term Loans and Multi-Draw Term Loan Commitments after giving effect to any assignments permitted by Section 11.11.
Sample 1
Multi-Draw Term Loan Lender any Term Loan Lender having a Multi-Draw Term Loan Commitment or having a Multi-Draw Term Loan outstanding hereunder.
Sample 1

Examples of Multi-Draw Term Loan Lender in a sentence

  • The commitment of each Multi-Draw Term Loan Lender described in this clause (f)(i) is herein referred to as its “Multi-Draw Term Loan Commitment.” During the Multi-Draw Term Loan Availability Period and on the terms and subject to the conditions hereof, the Borrower may from time to time borrow, prepay and reborrow Multi-Draw Term Loans.

  • A partnership of this fashion can serve to sustain two entities (District swimming programs and the YMCA) and again provide access to a world-class facility that the District programs could be proud of and make their home.

  • No Borrowing of Multi-Draw Term Loans shall be made if, after giving effect thereto, (A) the Available MDT Facility Commitment would be less than zero, or (B) the Available MDT Lender Commitment of any Multi-Draw Term Loan Lender would be less than zero.

  • Each Multi-Draw Term Loan Lender hereby absolutely and unconditionally agrees to pay to each Issuing Lender (MDT) upon demand by such Issuing Lender such Lender’s Percentage of each payment made by such Issuing Lender in respect of a Letter of Credit (MDT) and not immediately reimbursed by the Borrower.

  • No Letter of Credit (MDT) shall be issued, renewed, extended or increased if, after giving effect thereto, (A) the Available MDT Facility Commitment would be less than zero, (B) Aggregate Letter of Credit (MDT) Usage would exceed the Letter of Credit (MDT) Sublimit, or (C) the Available MDT Lender Commitment of any Multi-Draw Term Loan Lender would be less than zero.

  • Each Multi-Draw Term Loan Lender agrees to fund its Percentage of any Multi-Draw Term Loan made pursuant to this Section 2.1.2(b)(iii).

  • If the Administrative Agent does not so elect or if the funds in such account are insufficient, such Issuing Lender shall be entitled to recover such amount on demand from such Multi-Draw Term Loan Lender together with interest at the Base Rate.

  • From time to time on any Business Day occurring after the Closing Date but prior to the Multi-Draw Term Loan Commitment Termination Date, each Multi-Draw Term Loan Lender will make loans (relative to such Multi-Draw Term Loan Lender, its "MULTI-DRAW TERM LOANS") to the Borrower equal to such Multi-Draw Term Loan Lender's Percentage of the aggregate amount of each Borrowing of the Multi-Draw Term Loans requested by the Borrower to be made on such day.

  • No Borrowing of Multi- Draw Term Loans shall be made if, after giving effect thereto the aggregate outstanding principal amount of all the Multi-Draw Term Loans (A) of all the Multi-Draw Term Loan Lenders would exceed the Multi-Draw Term Loan Commitment Amount or (B) of any Multi-Draw Term Loan Lender would exceed such Multi-Draw Term Loan Lender’s Percentage of the Multi-Draw Term Loan Commitment Amount.

  • Effective on the Amendment Effective Date, each of the Lenders identified on Schedule E hereto as an increasing Multi-Draw Term Loan Lender (collectively, the “Increasing Multi-Draw Term Loan Lenders” and, together with the Increasing Revolving Lenders, the “Increasing Lenders”) hereby consents to the increase in its respective Multi-Draw Term Loan Commitment Amount as described on Schedule E.

Related to Multi-Draw Term Loan Lender

  • Delayed Draw Term Loan Lender means a Lender with a Delayed Draw Term Loan Commitment or an outstanding Delayed Draw Term Loan.

  • New Term Loan Lender shall have the meaning provided in Section 2.14(c).

  • Tranche B Term Loan Lender each Lender that has a Tranche B Term Loan Commitment or is the holder of a Tranche B Term Loan.

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.

  • Term Loan Lender means a Lender with a Term Loan Commitment or an outstanding Term Loan.

  • Tranche A Term Loan Lender each Lender that has a Tranche A Term Loan Commitment or is the holder of a Tranche A Term Loan.

  • Initial Term Loan Lender means a Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • Delayed Draw Term Loan has the meaning specified in Section 2.01(b).

  • Incremental Term Loan Lender shall have the meaning provided in Section 2.15(b).

  • Term Loan Lenders means the “Lenders” under and as defined in the Term Loan Credit Agreement.

  • New Term Loan Facility means the facility providing for the Borrowing of New Term Loans.

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Incremental Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Delayed Draw Term Loans has the meaning as set forth in Section 2.5(a).

  • New Term Loan Commitments shall have the meaning provided in Section 2.14(a).

  • Tranche C Term Loan Commitment means the commitment of a Lender to make a Tranche C Term Loan to Company pursuant to subsection 2.1A(iii), and "Tranche C Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Revolving Loan Lender means a Lender with a Revolving Credit Commitment or a Revolving Loan.

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Term A Loan Commitment means, as to each Lender, its obligation to make its portion of the Term A Loan to the Borrower pursuant to Section 2.01(c), in the principal amount set forth opposite such Lender’s name on Schedule 2.01. The aggregate principal amount of the Term A Loan Commitments of all of the Lenders as in effect on the Closing Date is $675,000,000.

  • Term Loan B has the meaning set forth in Section 2.2(b).

  • Term Loan as defined in Section 2.1.

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

  • Incremental Term Loan Borrowing Date means, with respect to each Incremental Term Loan, each date on which Incremental Term Loans are incurred pursuant to Section 2.01(b), which date shall be the date of the effectiveness of the respective Incremental Term Loan Commitment Agreement pursuant to which such Incremental Term Loans are to be made.

  • Term Loan A has the meaning set forth in Section 2.2(a).