Definition of Term Loan Amortization Commencement Date

  1. Term Loan Amortization Commencement Date means the first Business Day of the month following the date on which the relevant tranche of the Term Loan was made.

Examples of Term Loan Amortization Commencement Date in a sentence

  1. The Additional Term Loan(s) shall be repaid in thirty-six (36) equal monthly payments of principal and interest (paid in arrears), commencing on the relevant Term Loan Amortization Commencement Date.

Definition of Term Loan Amortization Commencement Date in Loan and Security Agreement

Term Loan Amortization Commencement Date means the first Business Day of the month following the date on which the relevant tranche of the Term Loan was made.