Term Loan Account
Definition of Term Loan Account
Term Loan Account means the account opened and maintained by the Borrower in the books of _________________.
Examples of Term Loan Account in a sentence
- The Administrative Agent will also maintain accounts reflecting principal amounts of the Revolving Loans and Term Loan owing to each Lender pursuant to the terms hereof from time to time, payments made on such Loans and other appropriate debits and credits (the Revolving Loan Account and the Term Loan Account, respectively and, collectively with Schedule 2, the Register).