Definition of Term Loan Amortization Period

  1. Term Loan Amortization Period means forty-eight (48) months; provided, that if Bank has consented to an IO Extension Request, the Term Loan Amortization Period shall mean forty-two (42) months.

Examples of Term Loan Amortization Period in a sentence

  1. In addition, commencing on the Term Loan Amortization Date and on each Payment Date thereafter until the Term Loan is repaid in full, Borrower shall repay the principal amount of the Term Loan in equal monthly installments based on the applicable Term Loan Amortization Period.

Definition of Term Loan Amortization Period in Amended and Restated Loan and Security Agreement

Term Loan Amortization Period means forty-eight (48) months; provided, that if Bank has consented to an IO Extension Request, the Term Loan Amortization Period shall mean forty-two (42) months.