Term-1 Loans definition

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.
Sample 1

Examples of Term-1 Loans in a sentence

  • Dollar Term-1 Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.

  • 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.

  • The proceeds of the Refinancing Dollar Term-2 Borrowing shall be used solely (i) to refinance the Non-Extended Dollar Term-1 Loans and (ii) to pay any fees, costs and expenses incurred in connection with such refinancing and Amendment No. 4.

  • Any such assignment need not be ratable as among any of the Facilities (it being understood, however, that assignments of Euro Term-1 Loans and Euro Term-2 Loans may only be made on a pro rata basis).

  • 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.

  • If you execute this signature page and do not fill in an “X” all of your Initial Term Loans (or such lesser amount allocated to such Lender by Deutsche Bank Securities Inc.) will be converted to Term-1 Loans on the Amendment No. 1 Effective Date.

  • Xxxx Title: Vice President Schedule 2.01(a)(i) Extended Dollar Term-1 Loans: On file with the Administrative Agent Schedule 2.01(a)(ii) Dollar Term-2 Loans: On file with the Administrative Agent Schedule 2.01 Refinancing Dollar Term-2 Loans: On file with the Administrative Agent Exhibit A Amendments of the Credit Agreement TABLE OF CONTENTS Page ARTICLE I Definitions and Accounting Terms SECTION 1.01.

  • However, an analysis of the ANC’s primary documents, including its 2007 Strategy and Tactics document, makes no mention of ‘socialism’ or a ‘socialist state’ (Thuynsma, 2012: 109).

  • For the avoidance of doubt, the Euro Term-1 Loans, on the one hand, and the Euro Term-2 Loans, on the other hand, may not be separately assigned by any Euro Term Lender and each Euro Term Lender shall at all times hold Euro Term-1 Loans and Euro Term-2 Loans in proportion to such Lender's Ratable Portion of the Euro Term Facility.

  • Each prepayment of the Initial Term Loans under this Section 2.05(a) shall be applied first, to the Initial Term-1 Loans, second, to the Initial Term-2 Loans, and in each case shall be applied as directed by the Borrower to the remaining scheduled installments of the Initial Term-1 Loans or Initial Term-2 Loans, as the case may be.

Related to Term-1 Loans

  • Term B Loans has the meaning specified in Section 2.01(a).

  • Term A Loans has the meaning specified in Section 2.01(b).

  • Term A-2 Loan means an advance made by any Term A-2 Lender under the Term A-2 Facility.

  • Term Loans means the term loans made by the Term Lenders to the Borrower pursuant to Section 2.01(b).

  • Term A-1 Loan means an advance made by any Term A-1 Lender under the Term A-1 Facility.

  • Delayed Draw Term Loans has the meaning as set forth in Section 2.5(a).

  • Term Loan as defined in Section 2.1.

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

  • Incremental Loans has the meaning assigned to such term in Section 2.22(a).

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

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

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • Delayed Draw Term Loan has the meaning specified in Section 2.01(b).

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Term B Facility means, at any time, (a) on or prior to the Closing Date, the aggregate amount of the Term B Commitments at such time and (b) thereafter, the aggregate principal amount of the Term B Loans of all Term B Lenders outstanding at such time.

  • Term A Loan is defined in Section 2.2(a)(i) hereof.

  • 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.

  • Term A Borrowing means a borrowing consisting of simultaneous Term A Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Term A Lenders pursuant to Section 2.01(a).

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

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

  • 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.

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

  • Delayed Draw Loan A Loan that requires one or more future advances to be made by the Borrower and which does not permit the re-borrowing of any amount previously repaid by the related Obligor; provided that, such Loan shall only be considered a Delayed Draw Loan for so long as any future funding obligations remain in effect and only with respect to any portion which constitutes a future funding obligation.

  • 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.