Definition of Term Advance

  1. Term Advance means any advance by a Term Lender to the Borrower as part of a Term Borrowing.
  2. Term Advance means a Term B-1 Advance or a Term B-2 Advance.

Examples of Term Advance in a sentence

  1. In the event Borrower intends to prepay any Term Advance prior to the Term Loan Maturity Date, Borrower shall (i) prepay all of the then outstanding Term Advances, pay any accrued and unpaid interest on the Term Advances, pay the final payment fee described in Section 2.5(d) below, and pay any other amounts due under this Agreement, and (ii) simultaneous with any such prepayment, pay Bank a fee of 2.5% of the aggregate principal amount of the Term Advances so prepaid.
  2. Advance means a Revolving Credit Advance, a Swing Line Advance or a Term Advance, as the context may require.
  3. The Borrower may not reborrow any Term Advance once it has been repaid.

Definition of Term Advance in Restated Credit Agreement

Term Advance means any advance by a Term Lender to the Borrower as part of a Term Borrowing.


Definition of Term Advance in Credit Agreement

Term Advance means a Tranche A1 Advance, a Tranche A2 Advance, a Term Loan B Advance, an Incremental Term Loan A Advance or an Incremental Term Loan B Advance.


Definition of Term Advance in Collateral Agent

Term Advance means an advance made by any Term Lender pursuant to Section 2.01(a).