Rollover Loans definition
Examples of Rollover Loans in a sentence
Amounts repaid in respect of Rollover Loans may not be reborrowed.
Notwithstanding the foregoing, the Borrower will not be required to exchange Acquisition Holdings Rollover Loans for Acquisition Holdings Exchange Notes unless at least $25.0 million of Acquisition Holdings Exchange Notes would be outstanding immediately after such exchange.
Any Acquisition Holdings Bridge Loans not converted into Acquisition Holdings Rollover Loans shall be repaid in full on the Acquisition Holdings Bridge First Anniversary Date.
Exchange Notes: Each Acquisition Holdings Bridge Lender that is (or will immediately transfer its Acquisition Holdings Exchange Notes to) an Eligible Holder (as defined in Annex IV-C) will have the right, at any time on or after the Acquisition Holdings Bridge First Anniversary Date, to exchange Acquisition Holdings Rollover Loans held by it for unsecured senior exchange notes of the Borrower having the terms set forth in Annex IV-C (the “Acquisition Holdings Exchange Notes”).
Any Target Bridge Loans not converted into Target Rollover Loans shall be repaid in full on the Target Bridge First Anniversary Date.