Seven-Year Term Loans definition

Seven-Year Term Loans means, with respect to a Seven-Year Term Lender, such Seven-Year Term Lender’s loan made pursuant to Section 2.1(b)(ii) (or any conversion or continuation thereof).
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Examples of Seven-Year Term Loans in a sentence

  • In 2014, we used the proceeds of our $400.0 million of 3.65% fixed-rate senior notes offering and other cash on hand to repay $591.5 million of debt outstanding under the Five-Year and Seven-Year Term Loans.

  • Each Seven-Year Term Loan Advance hereunder shall consist of Seven-Year Term Loans made from the several Seven-Year Term Loan Lenders ratably according to their Pro Rata Shares on the funding date for each such Advance.

  • The Borrower shall pay the principal of and accrued and unpaid interest on the Seven-Year Term Loans in full on the Seven-Year Term Loan Termination Date.

Related to Seven-Year Term Loans

  • Initial Term Loans means the term loans made by the Lenders on the Closing Date to the Borrower pursuant to Section 2.01(a).

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

  • New Term Loans as defined in Section 2.24.

  • ABR Term Loan means any Term Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.

  • Extended Term Loans has the meaning specified in Section 2.15(a).

  • Eurodollar Term Loan means any Term Loan bearing interest at a rate determined by reference to the Adjusted LIBO Rate in accordance with the provisions of Article II.

  • Additional Term Loans means any term loan added pursuant to Section 2.22, 2.23 or 9.02(c)(i).

  • Initial Term Loan shall have the meaning provided in Section 2.1(a).

  • Incremental Term A Loans has the meaning specified in Section 2.14(a).

  • Other Term Loans means one or more Classes of Term Loans that result from a Refinancing Amendment.

  • Tranche B Term Loans means Loans made or deemed made by the Tranche B Term Lenders pursuant to Section 2.01(b) or pursuant to Section 1 of the First Amendment to 2009 Credit Agreement.

  • Incremental Term Loans has the meaning specified in Section 2.14(a).

  • New Term Loan shall have the meaning provided in Section 2.14(c).

  • Extended Term Loan shall have the meaning assigned to such term in Section 2.21(e).

  • LIBOR Term Loan means any Term Loan bearing interest at a rate determined by reference to the LIBOR Rate.

  • Tranche A Term Loans means Loans made by the Tranche A Term Lenders pursuant to Section 2.01(a).

  • Total Initial Term Loan Commitment means the sum of the Initial Term Loan Commitments of all Lenders.

  • Replaced Term Loans has the meaning assigned to such term in Section 9.02(c).

  • Adjusted Total Term Loan Commitment means at any time the Total Term Loan Commitment less the Term Loan Commitments of all Defaulting Lenders.

  • Initial Term Facility means the Initial Term Loan Commitments and the Initial Term Loans made hereunder.

  • Tranche C Term Loan as defined in Section 2.1.

  • Tranche B Term Loan as defined in Section 2.1.

  • Closing Date Term Loans means the Term Loans made by the Term Lenders on the Closing Date to the Borrower pursuant to Section 2.01(1).

  • Replacement Term Loans has the meaning specified in Section 10.01.

  • Incremental Term Loan has the meaning set forth in Section 2.14(b).

  • Incremental Term Loan Borrowing Date means, with respect to each Incremental Term Loan, each date on which Incremental Term Loans are incurred pursuant to Section 2.01(b), which date shall be the date of the effectiveness of the respective Incremental Term Loan Commitment Agreement pursuant to which such Incremental Term Loans are to be made.