Term Loan Amortization Commencement Date definition

Term Loan Amortization Commencement Date means, with respect to each Loan, the earlier of (a) the first anniversary of the date funds are initially advanced under Section 2.01 (a) to make such Loan and (b) the Revolving Credit Maturity Date.
Sample 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.
Sample 1

Examples of Term Loan Amortization Commencement Date in a sentence

  • Beginning on the Term Loan Amortization Commencement Date, and continuing on the last day of each Fiscal Quarter thereafter, principal payable on account of such Term Loan Advance shall be paid in equal monthly installments equal to an amount sufficient to fully amortize the aggregate outstanding principal balance of such Term Loan Advance over an assumed term ending on the date that is sixty (60) months after the Term Loan Amortization Commencement Date.

Related to Term Loan Amortization Commencement Date

  • Term Loan Termination Date means the earlier to occur of the (i) Term Loan Maturity Date or (ii) Early Termination Date.

  • Loan Repayment Date means the date a Loan is scheduled to be repaid, as confirmed pursuant to Clause 5.3(c) of this Agreement, which shall in no event be later than the earlier of (i) the date falling six (6) Months from the relevant Utilisation Date and (ii) the Facility Repayment Date.

  • Interest Commencement Date means the Issue Date of the Notes or such other date as may be specified as the Interest Commencement Date in the relevant Final Terms;

  • Term Loan Installment Date means any Term B Loan Installment Date or any Incremental Term Loan Installment Date.

  • Amortization Period means, with respect to any Series, or any Class within a Series, a period following the Revolving Period during which principal is distributed to Investor Certificateholders, which shall be the controlled amortization period, the principal amortization period, the rapid amortization period, or other amortization period, in each case as defined with respect to such Series in the related Supplement.