Definition of Term-1 Loans

  1. Term-1 Loans means the term loans made on the Amendment No. 1 Effective Date and Delayed Draw Term-1 Loans made after the Amendment No. 1 Effective Date by Lenders to the Company pursuant to subsection 2.1(A)(i)(b). For the avoidance of doubt, the Term Loans and the Term-1 Loans (including the Delayed Draw Term-1 Loans) are of the same Class, will vote together as a Class, and are identical for all purposes, except for amortization and LIBOR periods.

Examples of Term-1 Loans in a sentence

  1. For the avoidance of doubt, for so long as neither the German Term-1 Loans nor the German Term-2 Loans have been repaid in full, the German Term-1 Loans, on the one hand, and the German Term-2 Loans, on the other hand, may not be separately assigned by any German Term Lender and each German Term Lender shall at all times hold German Term-1 Loans and German Term-2 Loans in the same proportion as each other German Term Lender.

Definition of Term-1 Loans in Amendment

Term-1 Loans means the term loans made on the Amendment No. 1 Effective Date and Delayed Draw Term-1 Loans made after the Amendment No. 1 Effective Date by Lenders to the Company pursuant to subsection 2.1(A)(i)(b). For the avoidance of doubt, the Term Loans and the Term-1 Loans (including the Delayed Draw Term-1 Loans) are of the same Class, will vote together as a Class, and are identical for all purposes, except for amortization and LIBOR periods.