Definition of Term Loan Amount


Term Loan Amount means with respect to any Term Loan Lender, the amount equal to its Term Loan Percentage of the aggregate principal amount outstanding under the Term Loan.


Term Loan Amount means $15,000,000.

Examples of Term Loan Amount in a sentence

The aggregate outstanding Term Loan Advances shall not exceed the Maximum Term Loan Amount.
The aggregate outstanding Term Loan Advances may be up to the Maximum Term Loan Amount.
Bank shall make one (1) term loan available to Borrower in an amount up to the Term Loan Amount on the Effective Date subject to the satisfaction of the terms and conditions of this Agreement.
Subject to the terms and conditions of this Agreement, on the Closing Date each Lender with a Term Loan Commitment agrees (severally, not jointly or jointly and severally) to make term loans (collectively, the Term Loan) to Borrower in an amount equal to such Lenders Pro Rata Share of the Term Loan Amount.
Subject to the terms and conditions of this Agreement, on the Closing Date each Lender with a Term Loan Commitment agrees (severally, not jointly or jointly and severally) to make term loans (collectively, the Term Loan) to Borrowers in an amount equal to such Lenders Pro Rata Share of the Term Loan Amount.