Second Term Loan definition

Second Term Loan is defined in Section 2.1.1(a).
Second Term Loan has the meaning specified therefor in Section 2.01(a)(ii)."
Second Term Loan has the meaning set forth in Article 2B.

Examples of Second Term Loan in a sentence

  • The obligations of the Borrowers under the Credit Agreement with respect to the Second Term Loan will be secured by the Collateral without having to amend the Collateral Documents.

  • The first twenty-eight principal installments shall each be in the amount of $65,517 and the twenty-ninth and final installment shall be in an amount equal to the unpaid principal balance of the Second Term Loan plus all accrued and unpaid interest thereon.

  • The Second Term Loan shall be evidenced by the Second Secured Convertible Term Note.

  • The Second Term Loan shall be evidenced by a Term Note and shall be governed in all respects by the terms of this Credit Agreement and the other Credit Documents.

  • The proceeds from the Second Term Loan will be used only to prepay outstanding Revolving Loans under the Credit Agreement.


More Definitions of Second Term Loan

Second Term Loan shall have the meaning given such term in Section 2.4 of this Agreement.
Second Term Loan means the $2,550,000.00 outstanding principal balance term loan made by the Bank and reflected in Section 3.2 hereof.
Second Term Loan means that certain second term loan made by Bank to Borrower as more particularly described in Section 2.3.
Second Term Loan means the second term loan made pursuant to Section 2.1.2 hereof.”
Second Term Loan means a Loan pursuant to Section 2.01(c).
Second Term Loan means that certain $9,000,000.00 term loan made or to be made by Bank to Borrower pursuant to Section 2.22 hereof.
Second Term Loan has the meaning given to such term in Background paragraph (A) hereof.