Term Facility definition

Term Facility means, at any time, (a) on or prior to the Closing Date, the aggregate amount of the Term Commitments at such time and (b) thereafter, the aggregate principal amount of the Term Loans of all Term Lenders outstanding at such time.

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Term Facility means the Term Loans provided to or for the benefit of the Borrower pursuant to the terms of this Agreement.

Term Facility means the Term B Facility and/or any or all of the Incremental Term Facilities.

Examples of Term Facility in a sentence

Each Term Borrowing shall consist of Term Loans made simultaneously by the Term Lenders in accordance with their respective Applicable Percentage of the Term Facility.
Accrued Ticking Fees shall be due and payable upon the earlier of (a) the date that is the final day of the Availability Period with respect to the Term Facility and (b) the date on which the fifth (5th) Term Borrowing occurs.
The Incremental Term Commitments under an Incremental Term Facility shall automatically and permanently terminate on the date of the applicable Incremental Amendment upon the funding of the Incremental Term Loans under such Incremental Term Facility.
Subject to the terms and conditions set forth herein, each Lender severally agrees it may, on an uncommitted and fully discretionary basis, consider making Nuveen Incremental Term Loans denominated in Dollars to the Borrower, on any Business Day during the Nuveen Incremental Term Facility Availability Period, at any time and from time to time, in an aggregate principal amount not to exceed its Nuveen Incremental Term Commitment.
The Agent shall promptly notify the Company and the then-existing Add-On Term Lenders under the applicable Add-On Term Facility of the final allocation of such increase and the Add-On Term Facility Increase Effective Date.

More Definitions of Term Facility

Term Facility means any Facility consisting of Term Loans and/or Term Commitments.

Term Facility the Term Commitments and the Term Loans made thereunder.

Term Facility means, at any time, the aggregate amount of the Term Lenders’ Term Commitments at such time.

Term Facility means, at any time, the aggregate principal amount of the Term Loans of all Term Lenders of the applicable Class outstanding at such time.

Term Facility means the Term Loans and any Incremental Term Loans or any refinancing thereof.

Term Facility means a facility in respect of any Term Loan Tranche (including any Term Commitment Increase with respect to any Term Loan Tranche), as the context may require.

Term Facility as defined in the definition of “Facility”.