Term Advance definition

Term Advance has the meaning specified in Section 2.01(a).
Term Advance means an advance by a Term Lender to the Company as part of a Term Borrowing and refers to a Base Rate Advance or a Eurodollar Rate Advance (each of which shall be a “Type” of Term Advance).
Term Advance means a Term A Advance or a Term B Advance.

Examples of Term Advance in a sentence

  • To obtain a Term Advance, Borrower shall notify Lender by delivering to Lender the Payment/Advance Form attached as Exhibit B by facsimile or electronic mail in portable document format (PDF) by 12:00 p.m. Pacific time on the Business Day before the Business Day that the Term Advance is to be made.

  • A fully earned, non-refundable facility fee, equal to the amount agreed upon by the Borrower and the Lender on the Effective Date, on the date each such Additional Term Advance is made; and Lender Expenses.

  • As a condition precedent to any Additional Term Advance, Borrower and Xxxxxx shall agree to such additional terms and amendments hereto as are needed to facilitate such proposed Additional Term Advance.

  • A fully earned, non-refundable facility fee in the amount agreed upon by the Borrower and the Lender on the Effective Date; Additional Term Advance Fee.

  • Subject to the terms and conditions of this Agreement, (i) on the date hereof the Lender shall advance $75,000,000 (the “Initial Term Advance” or “Facility I”) to Borrower and (ii) from the date hereof through August 21, 2020, Borrower may request advances at the sole discretion of the Lender (each, an “Additional Term Advance” and, collectively and with the Initial Term Advance, “Term Advances”), each Additional Term Advance collectively not exceeding $25,000,000.


More Definitions of Term Advance

Term Advance means any advance by a Term Lender to the Borrower as part of a Term Borrowing.
Term Advance means any Advance comprised solely of Term Loans.
Term Advance means an advance made by any Term Lender pursuant to Section 2.01(a).
Term Advance means a Term B-1 Advance or a Term B-2 Advance.
Term Advance means a Term A Advance, a Sterling Term A Advance, a 2022 Incremental Term Advance, an Incremental Term Advance or an Other Term Advance, as applicable.
Term Advance has the meaning assigned to such term in Section 2.01.
Term Advance or “Term Advances” is defined in Section 2.1.5(a).