Term Debt Loan definition

Term Debt Loan means a term loan facility to Borrowers in the maximum principal amount of $75,000,000 or less on the Closing Date.
Sample 1

Examples of Term Debt Loan in a sentence

  • Name of Shareholder On December 14, 2017, the Company closed a Term Debt Loan with Wheaton Precious Metals Corp.

  • The earlier of (a) March 10, 2026 and (b) the date the Obligations under (and as defined in) the Term Debt Loan Agreement are due and payable or repaid in full (or such later date as Lender shall agree in its sole discretion).

  • On December 14, 2017, the Company closed a Term Debt Loan with Wheaton Precious Metals Corp.

  • Short Term Debt Loan from related party, inclusive of interest $ 250 $ 1,335 Loans from bank, current portion 1,771 51 Capitalized lease liabilities, current portion 42 46 $ 2,063 $ 1,432 Details of the loan from related party are included in Note 10.

  • The current portion of the Senior Secured Note as described below represents accrued interest on that facility.Long Term Debt Loan from bank, long term portion $ 19 $ 48 Capitalized lease liabilities, long term portion 5 21 Senior Secured Note, long term portion, net of discount 16,482 - $ 16,506 $ 69 Loan from bank as of September 30, 2007 and March 31, 2007 is the long term portion of the loan detailed in Note 9.

  • The Term Debt Loan is secured by all assets of the Company relating to Kutcho, is to mature in 7 years, and bears interest at the rate of 10% per annum payable semi-annually with the first three payments being deferred until 24 months after closing.

  • Subsequent Events (cont’d)In connection with the Term Debt Loan, an agent received and advisory fee, of which a portion was paid through the issuance of 769,230 common shares of the Company.

  • Future obligations under capitalized leases are included as part of Other Obligations in Note 15.Long Term Debt Loan from bank, long term portion $ 48 $ 102 Capitalized lease liabilities, long term portion 21 64 $ 69 $ 166 Loan from bank as of March 31, 2007 and 2006 is the long term portion of the loan detailed in Note 10.

  • At September 30, 2013, long-term debt consisted of the following: General Long Term Debt: Loan Certificate of Obligation from USDA 92-06 for $460,000, with annual interest rate of 3.00%;due date on November 1, 2050.

  • All options will be subject to the provisioxx xx the Daleen Technologies, Inc.

Related to Term Debt Loan

  • Term Loan Obligations means the “Obligations” as defined in the Term Loan Credit Agreement.

  • Term Loan Collateral means all of the assets of any Grantor, whether real, personal or mixed, upon which a Lien is granted or purported to be granted to any Term Loan Agent under any of the Term Loan Collateral Documents.

  • Term Loan Priority Collateral as defined in the Intercreditor Agreement.

  • Term Loan Collateral Agent means Credit Suisse, Cayman Islands Branch, as collateral agent for the lenders under the Term Loan Credit Agreement, together with its respective successors and permitted assigns under the Term Loan Credit Agreement exercising substantially the same rights and powers, or such other agent as may from time to time be appointed thereunder.

  • First Lien Term Loans means the “Term Loans” as defined in the First Lien Credit Agreement.

  • Term Loan A has the meaning set forth in Section 2.2(a).

  • Term Loan B has the meaning set forth in Section 2.2(b).

  • First Lien Loan A Mortgage Loan secured by a first lien Mortgage on the related Mortgaged Property. Fitch: Fitch, Inc., or its successor in interest.

  • ABL Loans means the “Loans” as defined in the ABL Credit Agreement.

  • Second Priority Debt Obligations means the Initial Second Priority Debt Obligations and, with respect to any series, issue or class of Second Priority Debt, (a) all principal of, and interest (including, without limitation, any interest which accrues after the commencement of any Bankruptcy Case, whether or not allowed or allowable as a claim in any such proceeding) payable with respect to, such Second Priority Debt, (b) all other amounts payable to the related Second Priority Debt Parties under the related Second Priority Debt Documents and (c) any renewals or extensions of the foregoing.

  • Term Loan as defined in Section 2.1.

  • First Lien Loans means the loans made under the First Lien Credit Agreement.

  • Term Loan Notes means the promissory notes of the Borrower (if any) in favor of any of the Term Loan Lenders evidencing the portion of the Term Loan provided by any such Term Loan Lender pursuant to Section 2.2(a), individually or collectively, as appropriate, as such promissory notes may be amended, modified, extended, restated, replaced, or supplemented from time to time.

  • Second Lien Term Loans means the “Term Loans” under and as defined in the Second Lien Credit Agreement.

  • Revolving Loan Obligations means any Obligations with respect to the Revolving Loans (including without limitation, the principal thereof, the interest thereon, and the fees and expenses specifically related thereto).

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Term Loans means the term loans made by the Term Lenders to the Borrower pursuant to Section 2.01(b).

  • Term Priority Collateral has the meaning set forth in the Intercreditor Agreement.

  • Term Loan A Note means a promissory note made by the Borrower in favor of a Term Loan A Lender evidencing the portion of the Term Loan A made by such Term Loan A Lender, substantially in the form of Exhibit C-1.

  • Term Loan Agent means “Term Loan Agent” as defined in the Intercreditor Agreement.

  • Second Priority Debt Documents means the Initial Second Priority Debt Documents and, with respect to any series, issue or class of Second Priority Debt, the promissory notes, indentures, Collateral Documents or other operative agreements evidencing or governing such Indebtedness, including the Second Priority Collateral Documents.

  • Term A Loans has the meaning specified in Section 2.01(b).

  • Second Lien Loans means the “Loans” as defined in the Second Lien Credit Agreement and shall, for the avoidance of doubt, include Incremental Second Lien Loans.

  • Second Lien Loan A Mortgage Loan secured by a second lien Mortgage on the related Mortgaged Property.

  • First Lien Last Out Loan means a loan that, prior to an event of default under the applicable Related Contract, is entitled to receive payments pari passu with other senior secured loans of the same Obligor, but following an event of default under the applicable Related Contract, such Collateral Loan becomes fully subordinated to other senior secured loans of the same Obligor and is not entitled to any payments until such other senior secured loans are paid in full.