Senior Term Loans definition

Senior Term Loans means the term loans outstanding under the Senior Term Loan Credit Agreement.

Senior Term Loans means Senior Cash Pay Term Loans and/or Senior PIK Term Loans, as the context requires.

Senior Term Loans loans made pursuant to the Senior Term Credit Agreement.

Examples of Senior Term Loans in a sentence

• Borrower may prepay any portion of the Senior Term Loans in whole or in part at any time without premium or penalty.

• Borrower's obligation to pay the Senior Term Loans will be evidenced by promissory notes in substantially the form of Exhibit 2.1(a) attached hereto.

• Interest on LIBOR Loans and Senior Term Loans shall be calculated on the basis of a 360-day year for the actual days elapsed and interest on ABR Loans in respect of which the rate of interest is calculated on the basis of the Administrative Agent’s prime rate and overdue interest shall be calculated on the basis of a 365- (or 366-, as the case may be) day year for the actual days elapsed.

• The Existing Term Loans and the Super Senior Term Loans made by each Lender is evidenced by this Agreement and, if requested by such Lender, an applicable Amended Term Loan Note payable to such Lender and delivered to such Lender by the Borrower in an amount equal to the unpaid balance of the Term Loans held by such Lender as of the Restatement Effective Date.

• If the Debtors qualify for Section 382(l)(5) and do not elect out of its application, Section 382 Limitation will not apply to the Debtors' pre-change losses, such as, NOLs, if any.

More Definitions of Senior Term Loans

Senior Term Loans means the Senior Term C Loans and the Senior Term D Loans.

Senior Term Loans shall have the meaning provided in Section 2.14(a) hereof.

Senior Term Loans means the "Term Loans" as such term is defined in the Senior Credit Agreement.

Senior Term Loans as defined in the Recitals, and as the same may be amended, supplemented, waived or otherwise modified from time to time in accordance with subsection 8.14 to the extent applicable, or refinanced or replaced from time to time in accordance with subsection 8.2 to the extent applicable.

Senior Term Loans appearing in Section 1.1 of the Loan Agreement is deleted in its entirety.

Senior Term Loans means any Senior Cash Pay Term Loans or Senior PIK Term Loans held by any lender under the Senior Interim Debt Agreement, which may be exchanged for Senior Notes under the Senior Indenture in accordance with the terms of the Senior Interim Debt Agreement and the Senior Indenture.

Senior Term Loans means the senior secured term loans of the Parent in the aggregate principal amount of $1,070,000,000 made under the Senior Term Loan Credit Agreement, as the same may be amended, supplemented, waived or otherwise modified from time to time in accordance with the provisions of this Agreement and any Permitted Refinancings thereof.