Term-1 Lender definition

Term-1 Lender means a Lender with outstanding Term 1 Loans.
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Term-1 Lender means each Lender having a Term-1 Commitment.
Sample 1
Term-1 Lender means, collectively, (a) each Term Lender that executes and delivers this Agreement on or prior to the Restatement Effective Date and (b) each Additional Term 1 Lender that is not otherwise referred to in clause (a) of this definition.
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Examples of Term-1 Lender in a sentence

  • Each undersigned Term Lender hereby irrevocably and unconditionally (i) consents to convert 100% of the outstanding principal amount of the Term Loans held by such Term1 Lender (or such lesser amount allocated to such Lender by the Administrative Agent) into a Term B-1 Loan in a like principal amount via a cashless roll and (ii) consents to the terms of the Amendment and the Amended Credit Agreement.

  • Each Incremental Term-1 Lender shall fund its Incremental Term-1 Loan Commitment on the Effective Date (as defined below) by wire transfer of immediately available funds by 12:00 noon, New York City time, to the account of the Administrative Agent designated by it for such purpose by notice to the Incremental Term-1 Lenders.

  • Xxxxxxxx Title: Senior Vice President Xxxx Xxxx Technologies Corporation Third Amendment to Credit Agreement and Incremental Term Loan Agreement Signature Page JPMORGAN CHASE BANK, N.A., as Incremental Term-1 Lender By: /s/ Xxxxx X.

  • The Administrative Agent shall credit the account of the Borrower on the books of such office of the Administrative Agent with the aggregate of the amounts made available to the Administrative Agent by the Additional Term-1 Lender in immediately available funds.

  • If Anixter fails to specify a Type of Incremental Term-1 Loan or give a timely notice in a Borrowing Notice requesting a conversion or continuation, then the applicable Incremental Term-1 Loan shall be continued as, or converted to, Base Rate Loans and the Administrative Agent shall notify each Incremental Term-1 Lender of the details of any automatic conversion to Base Rate Loans.

  • If anyone becomes aware of, or reasonably suspects, a violation of any applicable anti-corruption law or this Policy, they are obligated to notify their immediate supervisor, the Compliance Officer, or refer the matter through the “Hotline” described below.

  • Subject to the terms and conditions set forth herein, each Dollar Term-1 Lender severally agrees to make to the Borrower a single loan (which will be converted into Extended Dollar Term-1 Loans and Non-Extended Dollar Term-1 Loans pursuant to Section 2.17(a) and Section 2.17(b)) denominated in Dollars in a principal amount equal to such Term Lender’s Dollar Term-1 Commitment on the Closing Date.

  • The Additional Term-1 Lender hereby provides its commitment to provide a commitment in the amount of $ $253,673,476.29 (the “Additional Term-1 Commitment”).

  • Subject to the terms and conditions set forth herein, each Dollar Term-1 Lender severally agrees to make to the Borrower a single loan denominated in Dollars in a principal amount equal to such Term Lender’s Dollar Term-1 Commitment on the Closing Date.

  • DEUTSCHE BANK TRUST COMPANY AMERICAS, as Additional Term-1 Lender By: Name: Title: AGREED TO AND ACCEPTED: SOLUTIA INC.


More Definitions of Term-1 Lender

Term-1 Lender means, at any time, any Lender that has an Additional Term-1 Commitment or a Term-1 Loan at such time.
Sample 1

Related to Term-1 Lender

  • Term B-1 Lender means, at any time, any Lender that has a Term B-1 Commitment or a Term B-1 Loan at such time.

  • Term A-1 Lender means, at any time, any Lender that has a Term A-1 Commitment or that holds Term A-1 Loans at such time.

  • Term A Lender means, at any time, any Lender that has a Term A Commitment or a Term A Loan at such time.

  • Term Lender means, at any time, any Lender that has a Term Commitment or a Term Loan at such time.

  • Term Commitment means as to any Lender, the obligation of such Lender, if any, to make a Term Loan Advance to the Borrower in a principal amount not to exceed the amount set forth under the heading “Term Commitment” opposite such Lender’s name on Schedule 1.1.

  • Term B Lender means, at any time, any Lender that has a Term B Commitment or a Term B Loan at such time.

  • Term B Loan Commitment means, with respect to each Lender, the commitment of such Lender to make Term B Loans hereunder. The amount of each Lender’s Term B Loan Commitment as of the Closing Date is set forth on Schedule 2.01. The aggregate amount of the Term B Loan Commitments as of the Closing Date is $4,700.0 million.

  • Term A Loan Commitment means, as to each Lender, its obligation to make its portion of the Term A Loan to the Borrower pursuant to Section 2.01(c), in the principal amount set forth opposite such Lender’s name on Schedule 2.01. The aggregate principal amount of the Term A Loan Commitments of all of the Lenders as in effect on the Closing Date is $675,000,000.

  • Term Loan Lender means a Lender with a Term Loan Commitment or an outstanding Term Loan.

  • Term B-1 Loan means a Loan made pursuant to Section 2.01(a).

  • Term B Loan is defined in Section 2.2(a)(ii) hereof.

  • Tranche B Lender means a Lender with a Tranche B Commitment or an outstanding Tranche B Term Loan.

  • Delayed Draw Term Loan Lender means a Lender with a Delayed Draw Term Loan Commitment or an outstanding Delayed Draw Term Loan.

  • Tranche A Lender means a Lender with a Tranche A Commitment or an outstanding Tranche A Term Loan.

  • Extending Revolving Lender shall have the meaning given to such term in Section 2.22(a)(iii).

  • Tranche A Term Loan Lender each Lender that has a Tranche A Term Loan Commitment or is the holder of a Tranche A Term Loan.

  • Tranche B Term Lender means a Lender with a Tranche B Term Commitment or an outstanding Tranche B Term Loan.

  • Term Loan B Commitment means, with respect to each Lender, its Term Loan B Commitment, and, with respect to all Lenders, their Term Loan B Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • Extending Lender shall have the meaning assigned to such term in Section 2.21(e).

  • Tranche B Term Loan Lender each Lender that has a Tranche B Term Loan Commitment or is the holder of a Tranche B Term Loan.

  • Tranche C Lender means a Lender with a Tranche C Commitment or an outstanding Tranche C Term Loan.

  • Tranche A Term Lender means a Lender with a Tranche A Term Commitment or an outstanding Tranche A Term Loan.

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • Incremental Revolving Lender means a Lender with an Incremental Revolving Commitment.

  • Term A Commitment means, as to each Term A Lender, its obligation to make Term A Loans to the Borrower pursuant to Section 2.01(a) in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Term A Lender’s name on Schedule 2.01 under the caption “Term A Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Term A Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Term C Loan is defined in Section 2.2(a)(iii) hereof.