Term A-1 Loan Percentage definition

Term A-1 Loan Percentage means, for any Term A-1 Lender, the percentage held by such Term A-1 Lender of the aggregate principal amount of all Term A-1 Loans then outstanding.
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Term A-1 Loan Percentage means, for each Lender, the percentage of the Term A-1 Loan Commitments represented by such Lender’s Term A-1 Loan Commitment or, if the Xxxx X- 0 Loan Commitments have been terminated or have expired, the percentage held by such Lender of the aggregate principal amount of all Term A-1 Loans then outstanding. “Term A-2 Loan” is defined in Section 2.1. “Term A-2 Loan Commitment” means, as to any Lender, the obligation of such Lender to make its Term A-2 Loan on the Term A-2 Loan Funding Date in the principal amount not to exceed the amount set forth opposite such Lender’s name on Schedule 1 attached hereto and made a part hereof. Borrower and the Lenders acknowledge and agree that the Term A-2 Loan Commitments of the Lenders aggregate $140,000,000 on the Third Amendment Effective Date. “Term A-2 Loan Commitment Termination Date” means, the earlier of (a) the Term A-2 Loan Funding Date and (b) December 31, 2021. “Term A-2 Loan Funding Date” has the meaning ascribed to such term in the Third Amendment. “Term A-2 Loan Percentage” means, for each Lender, the percentage of the Term A-2 Loan Commitments represented by such Lender’s Term A-2 Loan Commitment or, if the Xxxx X- 0 Loan Commitments have been terminated or have expired, the percentage held by such Lender of the aggregate principal amount of all Term A-2 Loans then outstanding. “Term Credit” means the credit facility for the Term Loans described in Section 2.1. “Term Loan” is defined in Section 2.1 and, as so defined, includes a Base Rate Loan or a Eurodollar Loan, each of which is a “type” of Term Loan hereunder. “Term Loan Commitment” means, with respect to any Lender, the aggregate amount of such Lender’s (a) Term A-1 Loan Commitment and (b) Term A-2 Loan Commitment. “Term Loan Maturity Date” means the fifth anniversary of the Closing Date. “Term Loan Percentage” means, for each Lender, the percentage of the Term Loan Commitments represented by such Lender’s Term Loan Commitment or, if the Term Loan Commitments have been terminated or have expired, the percentage held by such Lender of the aggregate principal amount of all Term Loans then outstanding. “Term Note” is defined in Section 2.11. “Term SOFR” means the forward-looking term rate based on SOFR that has been selected or recommended by the Relevant Governmental Body. “Third Amendment” means that certain Third Amendment to Credit Agreement, dated as of the Third Amendment Effective Date, by and among the Borrower, the Guarantors party thereto, t...
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Term A-1 Loan Percentage means, for each Lender, the percentage of the Term A-1 Loan Commitments represented by such Xxxxxx’s Term A-1 Loan Commitment or, if the Term A- 1 Loan Commitments have been terminated or have expired, the percentage held by such Lender of the aggregate principal amount of all Term A-1 Loans then outstanding. “Term A-2 Loan” is defined in Section 2.1.
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Examples of Term A-1 Loan Percentage in a sentence

  • No later than 1:00 p.m. on the Closing Date, each Term A-1 Lender will make available its Term A-1 Loan in an aggregate principal amount equal to (i) such Term A-1 Lender’s Applicable Term A-1 Loan Percentage multiplied by (ii) the principal amount of the Term A-1 Loan requested in the manner provided below.

Related to Term A-1 Loan Percentage

  • Term Loan Percentage means, for each Lender, the percentage of the Term Loan Commitments represented by such Lender’s Term Loan Commitment or, if the Term Loan Commitments have been terminated or have expired, the percentage held by such Lender of the aggregate principal amount of all Term Loans then outstanding.

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

  • Term Loan Commitment Percentage means, for any Term Loan Lender, the percentage identified as its Term Loan Commitment Percentage in its Lender Commitment Letter, or in the Assignment and Assumption pursuant to which such Lender became a Lender hereunder, as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 9.6(b).

  • Term Percentage as to any Term Lender at any time, the percentage which such Lender’s Term Commitment then constitutes of the aggregate Term Commitments (or, at any time after the Closing Date, the percentage which the aggregate principal amount of such Lender’s Term Loans then outstanding constitutes of the aggregate principal amount of the Term Loans then outstanding).

  • Tranche C Loan has the meaning specified in Section 2.01(c).

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

  • Delayed Draw Term Loan Commitment means the commitment of a Lender to make or otherwise fund a Delayed Draw Term Loan Commitment, and “Delayed Draw Term Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s Delayed Draw Term Loan Commitment, if any, is set forth on Appendix A or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Delayed Draw Term Loan Commitments as of the Closing Date is Twenty Million Dollars ($20,000,000.00).

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

  • Revolving Loan Commitment Percentage means, as to any Lender, (a) on the Closing Date, the percentage set forth opposite such Lender’s name on the Commitment Annex under the column “Revolving Loan Commitment Percentage” (if such Lender’s name is not so set forth thereon, then, on the Closing Date, such percentage for such Lender shall be deemed to be zero), and (b) on any date following the Closing Date, the percentage equal to the Revolving Loan Commitment Amount of such Lender on such date divided by the Revolving Loan Commitment on such date.

  • Term Loan Amount means with respect to any Term Loan Lender, the amount equal to its Term Loan Percentage of the aggregate principal amount outstanding under the Term Loan.

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

  • Term Commitment means, as to each Term Lender, its obligation to make Term 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 Lender’s name on Schedule 2.01 under the caption “Term Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Term Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Term Loan Exposure means, with respect to any Term Loan Lender, as of any date of determination (a) prior to the funding of the Term Loan, the amount of such Lender’s Term Loan Commitment, and (b) after the funding of the Term Loan, the outstanding principal amount of the Term Loan held by such Lender.