Definition of Term Financing


Term Financing means a financing evidenced by a Term Loan Agreement.
Sample 1 Sample 2

Examples of Term Financing in a sentence

Other than for Extended Term Financing, financing agreements will be fully amortized no later than twenty (20) years after Completion of Construction.
Extended Term Financing will extend no longer than thirty (30) years after Completion of Construction and is subject to any conditions or restrictions set forth by USEPA.
Subject to obtaining the financing contemplated by either (x) the Term Financing Commitment, (y) the GE Bridge Loan and the Mezzanine Loan or (z) the Bridge Loan and the Mezzanine Loan as provided in Section 4.3.2, Purchaser currently has available and will at the Closing have available sufficient funds to pay the Purchase Price and to pay any and all other amounts payable by Purchaser pursuant to this Agreement and to effect the transactions contemplated hereby.
There shall be no conditions to closing and funding not expressly set forth in this Section 5 or Annex III hereto and (i) solely with respect to the Term Loan Facility, the other conditions referenced in the Term Financing Summary of Terms under the heading Conditions Precedent and (ii) solely with respect to the Bridge Facilities, the other conditions referenced in the Bridge Summary of Terms under the heading Conditions Precedent.
Upon expiration of the Initial Term, Financing Party and/or Company may terminate this Agreement at any time by giving the other at least ninety (90) days written notice of such termination, whereupon the obligations of the parties with respect to Transactions not accepted prior to the expiration of such period shall terminate to the extent the same have not been performed or are not required to have been performed prior to such termination.