Examples of New Term Loan in a sentence
Such New Term Loan shall be subject to the same terms (including, without limitation, the same Maturity Date) and shall be considered the same tranche as and pari passu with the existing Loans under the Credit Agreement.
Notwithstanding anything to the contrary provided in the Credit Agreement or otherwise, the New Term Loan shall be made as a Term Benchmark Loan with an initial Interest Period ending on the same date as the Interest Period then-outstanding with respect to Loans made on the Funding Date.
From and after the Amendment Effective Date, each reference to the Loans and Term Loans in the Credit Agreement (including, without limitation, in the definition of “Required Lenders”) shall be deemed to include the New Term Loan made by the New Term Lender.
From and after the making of the New Term Loan on the Amendment Effective Date, the Lenders and the outstanding principal amount of the Loans shall be as set forth on Schedule 2 attached hereto.