Definition of Term Facility Loan

  1. Term Facility Loan means the aggregate principal amount for the time being outstanding hereunder.

Examples of Term Facility Loan in a sentence

  1. The "Class" of a Loan (or of a Commitment to make a Loan) refers to whether such Loan is a Revolving Loan of any particular Tranche, a Term Facility Loan, or a Term Loan of any particular Tranche of Term Loans created pursuant to an Extension Amendment or a Refinancing Amendment, each of which constitutes a Class.