Definition of Term 2 Facility


Term 2 Facility means, at any time, the aggregate principal amount of the Term Loans 2 of all Lenders outstanding at such time. On the Closing Date, the Term 2 Facility shall be equal to $110,091,500.
Sample 1

Examples of Term 2 Facility in a sentence

Any interest accruing pursuant to clauses (iii) and (iv) of this Section 2.08 shall be accrued and paid in kind until the Maturity Date with respect to the Term 2 Facility.
The Consolidated PIK Amount as of the Maturity Date with respect to the Term 2 Facility shall be due and payable in arrears on such date.