Second Lien Term Loans definition

Second Lien Term Loans means the “Term Loans” under and as defined in the Second Lien Credit Agreement.
Second Lien Term Loans has the meaning assigned to the term “Loans” in the Second Lien Credit Agreement.

Examples of Second Lien Term Loans in a sentence

  • The objective of such mitigation strategies is to address workzone safety risks before construction starts.

  • In each case, such amounts may be paid by being netted against the Second Lien Term Loans and/or the Term Loan.

  • The Lenders acknowledge that the Second Lien Term Loans and related obligations are secured by the Collateral, subject to the Intercreditor Agreement.

  • The proceeds of the Tranche B Term Loans and any Revolving Loans borrowed on the Closing Date (to the extent incurred for any Permitted Initial Revolving Loan Borrowing Purposes), together with (a) the proceeds of the Equity Contribution and (b) the proceeds of the borrowing of the Second Lien Term Loans will be used by the Initial Borrower on the Closing Date, solely (i) to pay the consideration for the Target Acquisition and (ii) to pay the Transaction Expenses.

  • Payment of the purchase price for the Put Option Shares or delivery of Second Lien Term Loans in lieu thereof shall be made as follows: [account details / loan delivery information].


More Definitions of Second Lien Term Loans

Second Lien Term Loans means the term loans borrowed by the Borrower under the Second Lien Credit Agreement.
Second Lien Term Loans the “Initial Term Loans” referred to in the Second Lien Credit Agreement.
Second Lien Term Loans means those certain second lien term loans incurred under the Second Lien Credit Agreement.
Second Lien Term Loans means “Term Loans” as defined in the Second Lien Credit Agreement.
Second Lien Term Loans means the Second Lien Term Loans as an aggregate principal amount of $135,000,000 made on the Closing Date under the Second Lien Credit Agreement.
Second Lien Term Loans means the secured loans issued pursuant to the Second Lien Credit Agreement in the aggregate principal amount of $70.0 million.
Second Lien Term Loans means the term loans made in an aggregate principal amount of up to $150,000,000 on the Effective Date under the Second Lien Loan Agreement. “Section 5.04(b)(ii) Certificate” shall have the meaning provided in Section 5.04(b)(ii).