Original Term Loans definition

Original Term Loans means the "Term Loans" under, and as defined in, the Original Credit Agreement.

Original Term Loans is defined in the recitals hereto.

Original Term Loans shall have the meaning assigned to such term in Section 2.23(a).

Examples of Original Term Loans in a sentence

• Without limiting the generality of the foregoing, each Continuing Term Lender shall have a commitment to acquire New Term Loans in the amount of Original Term Loans then held by such Continuing Term Lender.

• The Original Term Loans of each Exiting Term Lender shall, immediately upon the effectiveness of this Amendment, be repaid in full (together with any unpaid fees and interest accrued thereon (including funding losses payable to any Exiting Term Lenders pursuant to Section 3.05 of the Credit Agreement)) with the proceeds of the New Term Loans and other funds available to the Borrower.

• In the event any Lender is a Continuing Term Lender but receives an allocation of New Term Loans in an amount less than the amount of its Original Term Loans, such Lender shall be considered an Exiting Term Lender with the respect to the difference between the amount of its Original Term Loans and the allocated amount of its New Term Loans.

• The New Term Loans will be used to refinance the Original Term Loans and, together with cash on hand, pay fees and expenses related to the Amendment.

• Urea-formaldehyde foam insu- lation, sick building syndrome, spalling façade failure and leaky condo syndrome were all unintended and unforeseen consequences of industry decisions.

More Definitions of Original Term Loans

Original Term Loans means a Loan made pursuant to Section 2.01(a) of the Original Credit Agreement.

Original Term Loans as defined in Section 2.1.

Original Term Loans has the meaning assigned thereto in the First Refinancing Amendment.

Original Term Loans means all Term Loans outstanding under this Agreement immediately prior to the effectiveness of Amendment No. 1.

Original Term Loans means the Term Loans made by the Lenders to the Borrowers on the Effective Date.

Original Term Loans is defined in Section 2.2(a)(i) hereof.

Original Term Loans means the Term Loans in an aggregate outstanding principal amount of $700,000,000 made on the Closing Date pursuant to the Original Credit Agreement, which Term Loans were repaid in full pursuant to the Amendment and Restatement Agreement.