New Term Facility definition

New Term Facility has the meaning specified in Section 2.14(a).
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New Term Facility means any additional tranche of term commitments and loans established pursuant to a New Term Facility Supplement.
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New Term Facility the New Term Commitments and the New Term Loans made thereunder.
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Examples of New Term Facility in a sentence

  • The Incremental Arranger shall promptly notify the applicable Lenders of the final allocation of such increase, New Term Facility or New Revolving Facility and the Increase Effective Date.

  • The Administrative Agent shall promptly notify the applicable Lenders of the final allocation of such increase or New Term Facility and the Increase Effective Date.

  • Any Lender approached to provide all or a portion of the New Term Facility may elect or decline, in its sole discretion, to provide loans thereunder.

  • Upon satisfaction or waiver of the applicable conditions set forth in Article 8 and, if applicable, any New Term Facility Supplement and Extended Facility Agreement, all Advances shall be credited on that date in immediately available funds to the Designated Deposit Account.

  • Any Lender not responding within such time period shall be deemed to have declined to participate in providing such New Term Facility.


More Definitions of New Term Facility

New Term Facility any New Commitments to provide New Term Loans and any New Term Loans under a New Facility.
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New Term Facility has the meaning specified in Section 2.14(a). “New Term Loan” has the meaning specified in Section 2.14(a).
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New Term Facility a “New Term Facility” defined in the term loan credit agreement governing the Fixed Asset Facility incurred on the date hereof as such agreement is in effect on the date hereof.
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New Term Facility means, at any time, the aggregate amount of each Series of New Term Lenders’ New Term Commitments at such time and any New Term Loans associated therewith.
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New Term Facility means, at any time on or after the [First Incremental Commitments Amendment Effective Date]difr [Funding Date]difa the aggregate principal amount of the New Term Loans outstanding at such time.
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New Term Facility as defined in Section 2.24(a).
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New Term Facility has the meaning specified in Section 2.14(a). “New Term Loan” has the meaning specified in Section 2.14(a). “Non-Consenting Lender” has the meaning specified in Section 3.08(c). “Non-Defaulting Lender” means any Lender other than a Defaulting Lender. “Non-Financing Lease Obligation” means a lease obligation that is not required to be accounted for as a financing or capital lease on both the balance sheet and the income statement for financial reporting purposes in accordance with GAAP. For the avoidance of doubt, subject to Section 1.03(d), a straight-line or operating lease (including any lease that would not have been a capital lease under GAAP prior to giving effect to FASB ASC 842 (or any similar accounting principle)) shall be considered a Non-
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