Definition of Term Loan Bank


Term Loan Bank means each Initial Term Loan Bank and each Incremental Term Loan Bank.
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Examples of Term Loan Bank in a sentence

Each Term Loan Bank, at its option, may elect not to accept such prepayment.
No consideration or remuneration has been paid or will be paid to any agent or any lender under the Existing Term Loan Bank Agreement (as defined below) as an inducement to enter into the Fifth Amendment and Waiver to Credit Agreement.
Additional Term Loan Bank means any Eligible Assignee who agrees, in accordance with the provisions of Section 2.17, to commit to one of the Term Loan Facilities existing at the time of the request for a Commitment Increase.
No consideration or remuneration has been paid or will be paid to any agent or any lender under the New Term Loan Bank Agreement (as defined below) as an inducement to enter into the New Term Loan Bank Agreement other than the 10 bps arrangement fee being paid to CoBank, ACB thereunder and the 10 bps upfront fee being paid to the lenders thereunder for their commitment to lend under the New Term Loan Bank Agreement.
If a Term Loan Bank fails to give notice by 12:00 Noon as set forth in the immediately preceding sentence, such Term Loan Bank shall be deemed to have accepted the offer.