New Term Loans definition

New Term Loans as defined in Section 2.24.
New Term Loans shall have the meaning provided in Section 2.14(c).
New Term Loans has the meaning set forth in Section 2.9.

Examples of New Term Loans in a sentence

  • No Lender shall be obligated to provide any New Term Loans or New Revolving Credit Commitments unless it so agrees.

  • The Borrower shall use the proceeds (if any) of the New Term Loans, New Revolving Credit Commitments and Letters of Credit issued pursuant to any New Revolving Credit Commitments for any purpose not prohibited by this Agreement.


More Definitions of New Term Loans

New Term Loans means any advance made by a Lender under a New Term Loan Facility.
New Term Loans shall have the meaning assigned to such term in Section 2.24(c).
New Term Loans is defined in Section 2.1(d).
New Term Loans means all term loans (including the Initial Term Loans and, following the Escrow Assumption, the Escrow Term Loans, and any Incremental Term Facilities that are incurred in the form of New Term Loans. the Escrow Term Loans) that are outstanding under this Agreement immediately prior to the Amendment No. 1
New Term Loans has the meaning set forth in Section 4.16(a).
New Term Loans means the loans to be borrowed by the Borrower from the New Term Loans Lenders which, when aggregated with the loans to be similarly borrowed by Pride of Hawaii, LLC, will amount to the lesser of (x) the sum of (i) 10% of the initial construction prices of the New Vessels and (ii) 100% of the New Hermes Fees (y) the sum of (i) EUR123,000,000 and (ii) EUR3,075,000 and (z) USD224,770,000 (or such higher Dollar cap as may be later agreed between the facility agent for the New Term Loans, Hermes and the Guarantor), to finance in part the acquisition of the New Vessels by two (2) wholly owned subsidiaries of the Guarantor and related fees;
New Term Loans means a Loan made pursuant to Section 2.01(a)(ii).