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 any advance by a Term Lender to the Borrower as part of a Term Borrowing.
Examples of Term Advance in a sentence
Minimum Amount of Each Term Advance; Maximum Number of Term Advances.
No Term Advance may mature after the Term Loan Facility Maturity Date.
Changes in the rate of interest on that portion of any Term Advance maintained as a Floating Rate Advance will take effect simultaneously with each change in the applicable Floating Rate.
Interest shall be payable for the day a Term Advance is made but not for the day of any payment on the amount paid if payment is received prior to 1:00 p.m. (New York time) at the place of payment.
Each Term Advance hereunder shall consist of borrowings made from the several Lenders under the Term Loan Facility in their respective Term Loan Ratable Shares thereof.
More Definitions of Term Advance
Term Advance means a Term A Advance or a Term B Advance.
Term Advance means any Advance comprised solely of Term Loans.
Term Advance has the meaning assigned to such term in Section 2.01.
Term Advance means a Term B-1 Advance or a Term B-2 Advance.
Term Advance means a cash advance under Section 2.1(b).
Term Advance or “Term Advances” is defined in Section 2.1.1(a).
Term Advance means an advance made pursuant to Section 2.1(b).