Term Loan Bank definition

Term Loan Bank means each Initial Term Loan Bank and each Incremental Term Loan Bank.

Term Loan Bank means the Persons listed under the heading “Term Loan Banks” on the signature pages to Amendment No. 1 and each other Person that shall have become a party hereto as a “Term Loan Bank” pursuant to an Assignment or an Accession Agreement, other than any such Person that shall have ceased to be a party hereto pursuant to an Assignment.

Term Loan Bank means, at any time, any Bank that holds a Term Loan at such time.

Examples of Term Loan Bank in a sentence

• Cash Credit, Term Loan, Bank Guarantee etc.8.2.2 The promoters, directors and shareholders of the company have also given their personal assets as collateral security for entire facilities sanctioned by State Bank of India.

• Any Term Loan Bank may with the consent of the Agent pledge all or any portion of its rights and interests under this Agreement (including all or any portion of its Term Loan Note) to a Person approved by Agent.

• Any amounts that would otherwise have been applied to prepay such declining Term Loan Bank shall instead be retained by the Borrower.

• Each Term Loan Bank, at its option, may elect not to accept such prepayment.

• 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.

More Definitions of Term Loan Bank

Term Loan Bank means a Term Loan-I Bank, a Term Loan-II Bank or a Term Loan-III Bank.

Term Loan Bank means the Persons listed under the heading “Term Loan Banks” on the signature pages hereof and each other Person that shall have become a party hereto as a “Term Loan Bank” pursuant to an Assignment or an Accession Agreement, other than any such Person that shall have ceased to be a party hereto pursuant to an Assignment. “Term Loan Commitment” of any Term Loan Bank its obligation on the Effective Date to make Term Loan Advances in an aggregate amount up to and including the amount noted as the “Term Loan Commitment” set forth opposite such Term Loan Bank’s name on the signature pages hereof or in an Assignment, as such amount may be terminated, reduced or increased pursuant to Section 2.06, Section 8.01 or Section 10.06.

Term Loan Bank means a Term A-1 Bank or a Term A-2 Bank or both, as the context requires.

Term Loan Bank each Bank having an amount greater than zero set forth under the heading "Term Loan Commitment" opposite such Bank's name on Schedule 1.1A, as amended or supplemented.

Term Loan Bank means each Bank identified on the signature pages hereof as having a Term Loan Commitment and each Assignee which acquires a Term Commitment and/or Term Loan pursuant to 9.06(c), and their respective successors. Term Loan Commitment means, (i) with respect to each Term Loan Bank listed on the signature pages hereof, the amount set forth opposite the name of such Bank under the heading Term Loan Commitment on the signature pages hereof, or

Term Loan Bank means any financial institution listed on the signature pages to this Credit Agreement as having a Term Loan Amount and each other financial institution which, from time to time, becomes a party to this Credit Agreement in accordance with Subsection 10.8b hereof and purchases a Term Loan Amount.

Term Loan Bank means any Bank with outstanding Term Loans. --------------