Term Facility II Loans definition

Term Facility II Loans means collectively, delayed draw term loans made pursuant to Section 2.01(bd).
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Examples of Term Facility II Loans in a sentence

  • Each Lender with a Term Facility II Commitment agrees, severally and not jointly, on the terms and conditions of this Agreement, to make Term Facility II Loans to Borrower in Dollars from time to time, on any Business Day during the Term Facility II Availability Period, in an aggregate principal amount at any one time outstanding not exceeding the amount of the Term Facility II Commitment of such Term Facility II Lender as in effect from time to time.

  • Borrower hereby promises to pay to Administrative Agent for the account of the Lenders with Term Facility II Loans in repayment of the principal of the Term Facility II Loans the remaining principal amount of Term Facility II Loans on the Term Facility Maturity Date.

  • Each borrowing of Term Facility II Loans shall be made by each Term Facility II Lender pro rata based on its applicable T/C Term Facility II Percentage.

  • Except as set forth in this Agreement (including the Schedules hereto), the Extended Term Facility II Loans shall otherwise be subject to the provisions of the Amended Credit Agreement and the other Credit Documents.

  • The Extended Term Facility II Loans shall mature on December 31, 2021.

  • Upon the effectiveness hereof, the Term Facility II Loans of each Term Facility II Lender executing this Agreement (each an “Extending Term Facility II Lender”), in the aggregate principal amount specified on Schedule C hereto, shall be modified into a new Tranche of Term Loans (the “Extended Term Facility II Loans”).

  • Upon execution and delivery hereof, Administrative Agent will revise the Register to reflect the modification of Term Facility II Loans into Extended Term Facility II Loans as provided herein.

  • Except as set forth below or in the Amended Credit Agreement, the Extended Term Facility II Loans shall have all of the same terms as the Term Facility II Loans from which they were modified.

Related to Term Facility II Loans

  • 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.

  • Term Facility Commitment means the commitment of a Lender to make Term Loans, including Term B Loans and/or Other Term Loans.

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

  • Incremental Loans has the meaning assigned to such term in Section 2.22(a).

  • Refinancing Revolving Loans means one or more Classes of Revolving Loans that result from a Refinancing Amendment.

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

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

  • Term Loan as defined in Section 2.1.

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.

  • Term Loan Commitments means the aggregate amount of such commitments of all Lenders.

  • Refinancing Loans means any Refinancing Term Loans or Refinancing Revolving Loans.

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • Term Facility Maturity Date means, as the context may require, (a) with respect to the Term B Facility in effect on the Effective Date, the Term B Facility Maturity Date and (b) with respect to any other Class of Term Loans, the maturity dates specified therefor in the applicable Incremental Assumption Agreement.

  • Delayed Draw Term Loans has the meaning as set forth in Section 2.5(a).

  • Term B Loans has the meaning specified in Section 2.01(a).

  • Incremental Revolving Facility Commitment means the commitment of any Lender, established pursuant to Section 2.21, to make Incremental Revolving Loans to the Borrower.

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Refinancing Revolving Commitments means one or more Classes of Revolving Loan commitments hereunder that result from a Refinancing Amendment.

  • Incremental Revolving Loans has the meaning assigned to such term in Section 2.22(a).

  • Delayed Draw Term Loan Lender means a Lender with a Delayed Draw Term Loan Commitment or an outstanding Delayed Draw Term Loan.

  • Unutilized Revolving Loan Commitment means, with respect to any Lender at any time, such Lender’s Revolving Loan Commitment at such time less the sum of (i) the aggregate outstanding principal amount of all Revolving Loans made by such Lender at such time and (ii) such Lender’s RL Percentage of the Letter of Credit Outstandings at such time.

  • Revolving Loans has the meaning set forth in Section 2.1(a).

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Revolving Loan Commitments means such commitments of all Lenders in the aggregate.

  • Term Facilities means, at any time, the Term A Facility and the Term B Facility.