Term Facility Loans definition

Term Facility Loans means collectively, delayed draw term loans made pursuant to Section 2.01(b).
Term Facility Loans means the loans made by the Lenders as evidenced by, among other things, the Register.
Term Facility Loans means collectively, delayed draw term loans made pursuant to Section 2.01(b). The aggregate principal amount of the Term Facility Loans on the Fourth Amendment Effective Date is $225,333,333.34.

Examples of Term Facility Loans in a sentence

  • The Borrower shall repay to the applicable Incremental Term Facility Lenders the aggregate amount of all Incremental Term Facility Loans made under an Incremental Term Facility at such times as may be set forth in the amendment or supplement to this Agreement executed in connection with such Incremental Term Facility.

  • The obligations of the Lenders hereunder to make Revolving Credit Loans and Incremental Term Facility Loans, to fund participations in Letters of Credit and Swing Line Loans and to make payments pursuant to Section 11.04(c) are several and not joint.

  • Borrower shall use commercially reasonable efforts to obtain ratings from each of Xxxxx’x and S&P for the Term Facility Loans prior to the date that is 270 days after the Closing Date.

  • If the Borrower fails to specify a Type of Loan in a Committed Loan Notice or if the Borrower fails to give a timely notice requesting a conversion or continuation, then the applicable Revolving Credit Loans or Incremental Term Facility Loans shall be made as, or converted to, Base Rate Loans.

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

  • Each Incremental Term Facility Lender party hereto, in its capacity as an Incremental Term Facility Lender hereunder and in its capacity as a Lender under the Existing Credit Agreement, hereby consents to the incurrence of the Incremental Term Facility Loans on the terms set forth herein.

  • This Agreement represents the Borrower’s request for the Incremental Term Facility Loan Commitments to be provided on the terms set forth herein on the Effective Date and for the Incremental Term Facility Loans to be made thereunder to be funded on the Effective Date.

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

  • The Incremental Term Facility Loan Commitments shall automatically terminate on the Effective Date after giving effect to the making of the Incremental Term Facility Loans.

  • The Incremental Term Facility Loans shall be subject to the provisions of the Credit Agreement and the other Credit Documents and shall be on terms and conditions identical to the existing Term Facility Loans outstanding under the Existing Credit Agreement, as such terms and conditions are amended by this Agreement and set forth in the Credit Agreement.


More Definitions of Term Facility Loans

Term Facility Loans means collectively, the term loans made pursuant to Section 2.01(a).
Term Facility Loans means collectively, delayed draw term loans made pursuant to Section 2.01(b). “Term Facility Maturity Date” shall mean the date that is the sixth anniversary of the Closing Date. “Term Facility Notes” shall mean the promissory notes substantially in the form of Exhibit A-2. “Term Loan Commitments” shall mean, collectively, (a) the Term Facility Commitments and (b) any Other Term Loan Commitments. “Term Loan Extension Request” shall have the meaning provided in Section 2.13(a). “Term Loans” shall mean, collectively, the Term Facility Loans, any Extended Term Loans and any Other Term Loans. “Test Period” shall mean, for any date of determination, the period of the four most recently ended consecutive fiscal quarters of Borrower and its Restricted Subsidiaries for which quarterly or annual financial statements have been delivered or are required to have been delivered to Administrative Agent or have been filed with the SEC. “Total Revolving Commitments” shall mean, at any time, the Revolving Commitments of all the Revolving Lenders at such time. The Total Revolving Commitments on the Closing Date are $375.0 million. “Tranche” shall mean (i) when used with respect to the Lenders, each of the following classes of Lenders: (a) Lenders having Revolving Loans incurred pursuant to the Closing Date Revolving Commitment or Closing Date Revolving Commitments, (b) Lenders having such other Tranche of Revolving Loans or Revolving Commitments created pursuant to an Extension Amendment, (c) Lenders having Term Facility Loans or Term Facility Commitments and (e) Lenders having such other Tranche of Term Loans or Term Loan Commitments created pursuant to an Extension Amendment or Refinancing Amendment, and (ii) when used with respect to Loans or Commitments, each of the following classes of Loans or Commitments: (a) Revolving Loans incurred pursuant to the Closing Date Revolving Commitment or Closing Date Revolving Commitments, (b) such other Tranche of Revolving Loans or Revolving Commitments created pursuant to an Extension Amendment, (c) Term Facility Loans or Term Facility Commitments and (d) such other Tranche of Term Loans or Term Loan Commitments created pursuant to an Extension Amendment or Refinancing Amendment. “Transactions” shall mean, collectively, (a) the entering into of this Agreement and the other Credit Documents and the borrowings hereunder, if any, on the Closing Date, (b) the making of the Pre-Closing Equity Contribution prior to the Closing Date, and (...
Term Facility Loans means the “Term Loans” under the Term Facility Credit Agreement.
Term Facility Loans means the Term Facility A Loan, the Term Facility B Loan, and the Term Facility C Loan, and "TERM FACILITY LOAN" shall be construed accordingly.
Term Facility Loans means the loans made by the Lenders as evidenced by, among other things, the Register. “Total Asset Value” shall mean the aggregate of:
Term Facility Loans means collectively, the term loans made pursuant to Section 2.01(a). “Term Facility Maturity Date” shall mean the date that is the sixth anniversary of the Closing Date. “Term Loan Extension Request” shall have the meaning provided in Section 2.13(a).

Related to Term Facility Loans

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • Revolving Facility Loan means a Loan made by a Revolving Facility Lender pursuant to Section 2.01(b). Unless the context otherwise requires, the term “Revolving Facility Loans” shall include the Other Revolving Loans.

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

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

  • 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.

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

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

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

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

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

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

  • Term Loan as defined in Section 2.1.

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

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

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

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

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

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • Existing Revolving Loans has the meaning specified in Section 2.7(a).

  • Extended Revolving Loans has the meaning assigned to such term in Section 2.23(a).

  • Incremental Revolving Credit Loans shall have the meaning provided in Section 2.14(b).

  • New Revolving Loans as defined in Section 2.25.

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

  • Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).

  • Term Loan Lenders means the “Lenders” under and as defined in the Term Loan Credit Agreement.