Term Loan Applicable Percentage definition

Term Loan Applicable Percentage means with respect to any Term Loan Lender at any time, the percentage (carried out to the ninth decimal place) of the Term Loan Facility represented by the principal amount of such Term Loan Lender’s Term Loans at such time. The initial Term Loan Applicable Percentage of each Term Loan Lender is set forth opposite the name of such Term Loan Lender on Schedule 2.01(a) or in the Assignment and Assumption pursuant to which such Term Loan Lender becomes a party hereto, as applicable.
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Term Loan Applicable Percentage means, as to each Term Lender, the ratio, expressed as a percentage, of (a) the aggregate amount of such Term Lender’s Term Commitment to (b) the aggregate amount of the Term Commitments of all Term Lenders; provided, however, that if at the time of determination the Term Commitments have terminated or been reduced to zero, the “Term Loan Applicable Percentage” of each Term Lender shall be the Term Commitment Percentage of such Term Lender in effect immediately prior to such termination or reduction.
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Term Loan Applicable Percentage means, as to each Term Lender, the ratio, expressed as a percentage, of (a) the aggregate amount of such Term Lender’s unfunded Term Commitment plus its Term Loans to (b) the aggregate amount of the unfunded Term Commitments and Term Loans of all Term Lenders; provided, however, that if at the time of determination the Term Commitments have terminated or been reduced to zero, the “Term Loan Applicable Percentage” of each Term Lender shall mean the ratio, expressed as a percentage, of (i) the aggregate amount of the Term Loans of such Term Lender to (ii) the aggregate amount of the Term Loans of all Term Lenders.
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Examples of Term Loan Applicable Percentage in a sentence

  • The Administrative Agent will promptly distribute to each Lender its Revolver Applicable Percentage or Term Loan Applicable Percentage, as applicable, (or other applicable share as provided herein) of such payment in like funds as received by wire transfer to such Lender’s Lending Office.

  • Each Lender hereby agrees to make an initial loan to Borrower in the principal amount equal to its Term Loan Applicable Percentage of One Hundred Million and 00/100 Dollars ($100,000,000.00) (collectively, “Term Loan Initial Advance”).

  • Each payment of principal and interest in respect of the Term Loans and each payment in respect of fees payable hereunder shall be applied to the amounts of such obligations owing to Lenders pro rata according to the respective Term Loan Applicable Percentage of each Lender.

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  • In addition, subject to the terms and conditions of this Agreement, following the initial funding, each Lender further agrees to make one or more additional loans to Borrower in the principal amount not to exceed its Term Loan Applicable Percentage of One Hundred Million and 00/100 Dollars ($100,000,000.00) (collectively, “ Term Loan Additional Advance” and, together with the Term Loan Initial Funding, the “Term Loan”).

  • Lender Amount of Term Loan Applicable Percentage of Term Loan Commitments Xxxxx Fargo Bank, National Association $ 13,714,285 42.857140625 % TPG Specialty Lending, Inc.

  • CRYSTAL FINANCIAL SPV LLC, as a Term Lender By: /s/ Xxxxxxx Xxxxx Name: Xxxxxxx Xxxxx Title: Managing Director DB1/ 85911004.13 SCHEDULE 2.01 Applicable Percentages Term Lender Term Loan Amount Term Loan Applicable Percentage Crystal Financial SPV LLC $20,000,000 100.000000000% Total $20,000,000 100.000000000% DB1/ 85911004.13 Schedule 5.07 State of West Virginia, Ex Rel Xxxxxxx X.

  • Xxx Title: Vice President & Portfolio Manager SCHEDULE 2.01 COMMITMENTS AND APPLICABLE PERCENTAGES Lender Revolving Loan Commitment Revolving Loan Applicable Percentage Term Loan Commitment Term Loan Applicable Percentage Bank of America, N.A. $ 2,500,000 50 % $ 17,500,000 58.3 % KeyBank National Association $ 2,500,000 50 % $ 12,500,000 41.7 % TOTALS $ 5,000,000 100 % $ 30,000,000 100 % SCHEDULE 5.06 LITIGATION None.


More Definitions of Term Loan Applicable Percentage

Term Loan Applicable Percentage means, the Term A-1 Loan Applicable Percentage, the Term A-2 Loan Applicable Percentage, the Term A-3 Loan Applicable Percentage or the Incremental Term Loan Applicable Percentage, as applicable.
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Term Loan Applicable Percentage means with respect to any Lender at any time prior to the termination or expiration of its Commitment, the percentage (carried out to the ninth decimal place) of the unused amount of such Lender’s Commitment divided by the Commitment of all Lenders and, at any time thereafter, the percentage (carried out to the ninth decimal place) of the outstanding principal amount of the Term Loans held by such Lender divided by the Term Loans of all Lenders.
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Term Loan Applicable Percentage means, with respect to any Term Lender, the ratio, expressed as a percentage of (a) during any period during which Borrower may make Term Borrowings pursuant to Section 2.03(b) or Section 10.17(c), (i) (x) the amount of such Term Lender’s Term Loan Commitment plus (y) the amount of such Term Lender’s outstanding Term Loans to (ii) (x) the aggregate amount of the Term Loan Commitments of all Term Lenders plus (y) aggregate amount of all outstanding Term Loans and (b) during any period following the termination of Borrower’s right to may make Term Borrowings pursuant to Section 2.03(b) or Section 10.17(c), or if the Term Loan Commitments have terminated or expired, (i) the amount of such Term Lender’s outstanding Term Loans to (ii) the aggregate amount of all outstanding Term Loans.
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Term Loan Applicable Percentage means with respect to any Term Lender at any time, the percentage (carried out to the ninth decimal place) of the outstanding amount of the Term Loan held by such Term Lender.
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Term Loan Applicable Percentage of each 2024 Term Lender shall mean the ratio, expressed as a percentage, of (i) the aggregate amount of - 3 - \\DC - 769032/000001 - 15799738 v7
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Related to Term Loan Applicable Percentage

  • Term Loan Commitment Percentage means, for any Lender, the percentage identified as its Term Loan Commitment Percentage on Schedule 2.1(a), as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 9.6.

  • Applicable Revolving Credit Percentage means with respect to any Revolving Credit Lender at any time, such Revolving Credit Lender’s Applicable Percentage in respect of the Revolving Credit Facility at such time.

  • Revolving Loan Commitment Percentage means, as to any Lender, (a) on the Closing Date, the percentage set forth opposite such Lender’s name on the Commitment Annex under the column “Revolving Loan Commitment Percentage” (if such Lender’s name is not so set forth thereon, then, on the Closing Date, such percentage for such Lender shall be deemed to be zero), and (b) on any date following the Closing Date, the percentage equal to the Revolving Loan Commitment Amount of such Lender on such date divided by the Revolving Loan Commitment on such date.

  • Revolver Percentage means, for each Lender, the percentage of the Revolving Credit Commitments represented by such Lender’s Revolving Credit Commitment or, if the Revolving Credit Commitments have been terminated, the percentage held by such Lender (including through participation interests in Reimbursement Obligations) of the aggregate principal amount of all Revolving Loans and L/C Obligations then outstanding.

  • Applicable Percentage means, with respect to any Lender, the percentage of the total Commitments represented by such Lender’s Commitment. If the Commitments have terminated or expired, the Applicable Percentages shall be determined based upon the Commitments most recently in effect, giving effect to any assignments.

  • Term Loan Percentage means, with respect to any Term Loan Lender at any time, the percentage of the total outstanding principal balance of the Term Loans represented by the outstanding principal balance of such Term Loan Lender’s Term Loans.

  • Revolving Credit Percentage as to any Revolving Credit Lender at any time, the percentage which such Lender's Revolving Credit Commitment then constitutes of the Total Revolving Credit Commitments (or, at any time after the Revolving Credit Commitments shall have expired or terminated, the percentage which the aggregate principal amount of such Lender's Revolving Credit Loans then outstanding constitutes of the aggregate principal amount of the Revolving Credit Loans then outstanding).

  • Tranche B Term Loan Percentage as to any Lender at any time, the percentage which such Lender's Tranche B Term Loan Commitment then constitutes of the aggregate Tranche B Term Loan Commitments (or, at any time after the Closing Date, the percentage which the aggregate principal amount of such Lender's Tranche B Term Loans then outstanding constitutes of the aggregate principal amount of the Tranche B Term Loans then outstanding).

  • Applicable Commitment Percentage means, with respect to each Lender at any time, a fraction, the numerator of which shall be such Lender's Revolving Credit Commitment and the denominator of which shall be the Total Revolving Credit Commitment, which Applicable Commitment Percentage for each Lender as of the Closing Date is as set forth in Exhibit A; provided that the Applicable Commitment Percentage of each Lender shall be increased or decreased to reflect any assignments to or by such Lender effected in accordance with Section 11.1.

  • Revolving Facility Percentage means, with respect to any Revolving Facility Lender of any Class, the percentage of the total Revolving Facility Commitments of such Class represented by such Lender’s Revolving Facility Commitment of such Class. If the Revolving Facility Commitments of such Class have terminated or expired, the Revolving Facility Percentages of such Class shall be determined based upon the Revolving Facility Commitments of such Class most recently in effect, giving effect to any assignments pursuant to Section 9.04.

  • Revolving Commitment Percentage means, for each Lender, the percentage identified as its Revolving Commitment Percentage on Schedule 2.1(a), as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 9.6(c).

  • Commitment Percentage is set forth in Schedule 1.1, as amended from time to time.

  • Applicable Revolving Percentage means with respect to any Revolving Lender at any time, such Revolving Lender’s Applicable Percentage in respect of the Revolving Facility at such time.

  • Revolving Credit Commitment Percentage means, as to any Revolving Credit Lender at any time, the ratio of (a) the amount of the Revolving Credit Commitment of such Revolving Credit Lender to (b) the Revolving Credit Commitment of all the Revolving Credit Lenders.

  • Term Loan Committed Amount shall have the meaning set forth in Section 2.2(a).

  • Applicable Commitment Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 2.15(C)(i) hereof determined in accordance with the provisions of Section 2.15(D)(ii) hereof.

  • Note Percentage means (i) for each Payment Date until the aggregate principal amount of each Class of Notes has been paid in full, 100%; and (ii) thereafter, 0%.

  • Commitment Fee Percentage means 0.25% per annum.

  • Applicable Facility Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 2.14(C)(i) hereof determined in accordance with the provisions of Section 2.14(D)(ii) hereof.

  • Aggregate Revolving Loan Commitment means the aggregate of the Revolving Loan Commitments of all the Revolving Lenders, as may be reduced or increased from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment is Two Hundred Fifty Million and 00/100 Dollars ($250,000,000.00).

  • Incremental Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Applicable Multicurrency Percentage means, with respect to any Multicurrency Lender, the percentage of the total Multicurrency Commitments represented by such Multicurrency Lender’s Multicurrency Commitment. If the Multicurrency Commitments have terminated or expired, the Applicable Multicurrency Percentages shall be determined based upon the Multicurrency Commitments most recently in effect, giving effect to any assignments.

  • Total Revolving Loan Commitment means, at any time, the sum of the Revolving Loan Commitments of each of the Lenders at such time.

  • Facility Fee Percentage means, as of any date, the percentage set forth in the column headed “Facility Fee Percentage” in Section 2.3 that is in effect on such date.

  • Incremental Revolving Facility Lender means a Lender with an Incremental Revolving Facility Commitment or an outstanding Incremental Revolving Loan.

  • 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.