Term Loan C Advance definition

Term Loan C Advance is defined in Section 2.1.2(a).
Term Loan C Advance and “Term Loan C Advances” are each defined in Section 2.1.1(a).
Term Loan C Advance means a borrowing requested by the Borrower and made by the Term Loan C Lenders pursuant to Section 4.1(c) hereof, including without limitation any refunding or conversion of such borrowing pursuant to Section 4.5 hereof, and may include, subject to the terms hereof, Eurodollar-based Advances and Base Rate Advances.

Examples of Term Loan C Advance in a sentence

  • The Term Loan A Advance, the Term Loan B Advance and the Term Loan C Advance are hereinafter referred to singly as a “Term Loan Advance” and collectively as the “Term Loan Advances”.

  • Where the prospective lower tier participant is unable to certify to any of the statements in this certification, such prospective participant shall attach an explanation to this grant agreement.

  • Bank shall credit the Term Loan C Advance to the Designated Deposit Account.

  • Subject to the terms and conditions of this Agreement, during the Term Loan C Advance Draw Period, upon Borrower’s request, the Term Loan Lenders, severally and not jointly, shall make one (1) term loan advance available to Borrower in an original principal amount of Two Million Dollars ($2,000,000.00) (the “Term Loan C Advance”).

  • The Term Loan A Advance, each Term Loan B Advance and each Term Loan C Advance are hereinafter referred to singly as a “Term Loan Advance” and collectively as the “Term Loan Advances”.

  • Each of the other conditions described in this Section 2.3(II) shall have been satisfied, and Borrower shall have delivered the Notice of Term Loan C Advance, on or prior to the earlier of (i) the ninth (9th) day following the entry or settlement of the Final Judgment and (ii) December 31, 1998.

  • To obtain a Term Loan C Advance, Borrower shall deliver to Bank by electronic mail or facsimile a completed Payment/Advance Form in the form of Exhibit C to this Agreement, a copy of which is attached hereto, executed by a Responsible Officer or his or her designee.

  • The principal balance of each Term Loan C Advance shall bear interest thereon from such Advance Date at the Term Loan C Interest Rate based on a year consisting of 360 days, with interest computed daily based on the actual number of days elapsed.

  • Each Term Loan B Advance and each Term Loan C Advance must be in an amount equal to at least Five Million Dollars ($5,000,000.00).

  • The aggregate outstanding amount of the Term Loan C Advance shall thereafter amortize and be payable in thirty (30) equal payments of principal and interest beginning on first day of the month immediately following the Interest Only Period, and shall continue on the first day of each month thereafter.


More Definitions of Term Loan C Advance

Term Loan C Advance. (A) (i) Subject to the terms and conditions of the Agreement, IBM Canada shall make a loan (the "Term Loan C") to the Canadian Customers on the date (the "Term Loan C Commencement Date") specified in a written request to IBM Canada by a requesting Canadian Customer for such Term Loan C ("Request for Term Loan C") in the form of Exhibit 2.5.2 attached hereto, provided that the Outstanding Term Loan C borrowed by TigerTel Inc. shall not exceed Term Loan C (TigerTel) Commitment and the Outstanding Term Loan C borrowed by Ground Effects Ltd. shall not exceed Term Loan C (Ground Effects) Commitment. A requesting Canadian Customer shall deliver the Request for Term Loan C Advance on or prior to 1:00 p.m. (eastern time) one (1) Business Day prior to the Term Loan C Commencement Date. The Request for Term Loan C shall set forth the principal amount of the Term Loan C. In no event shall the Term Loan C Commencement Date be later than the Closing Date. A Canadian Customer may deliver the Request for Term Loan C Advance via facsimile.
Term Loan C Advance has the meaning specified in Section 2.01(b)(iii).
Term Loan C Advance shall have the meaning set forth in Section 2.2A.
Term Loan C Advance is defined in Section 2.3 of this Agreement.
Term Loan C Advance. (A) (i) Subject to the terms and conditions of this Agreement, IBM Canada made a loan (the "Term Loan C") to the Canadian Customer on the date of the First Restatement (the "Term Loan C Commencement Date").
Term Loan C Advance means each borrowing under the Term Loan C Facility or (as the context requires) the principal amount of that borrowing outstanding at any relevant time;

Related to Term Loan C Advance

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Term Loan as defined in Section 2.1.

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Term Loan B has the meaning set forth in Section 2.2(b).

  • L/C Advance means, with respect to each Lender, such Lender’s funding of its participation in any L/C Borrowing in accordance with its Applicable Percentage.

  • Term Advance has the meaning specified in Section 2.01(a).

  • Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).

  • Incremental Loan has the meaning set forth in Section 2.14(b).

  • Term A Loan Commitment means, as to each Lender, its obligation to make its portion of the Term A Loan to the Borrower pursuant to Section 2.01(c), in the principal amount set forth opposite such Lender’s name on Schedule 2.01. The aggregate principal amount of the Term A Loan Commitments of all of the Lenders as in effect on the Closing Date is $675,000,000.

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • Term Loan Note means a promissory note made by the Borrower in favor of a Term Loan Lender evidencing the portion of the Term Loans made by such Term Loan Lender, substantially in the form attached as Exhibit A-3, and any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part.

  • Shared-Loss Loan Commitment Advance means an advance pursuant to a Shared-Loss Loan Commitment with respect to which the Assuming Institution has not made a Permitted Advance.

  • Term Loan Lender means a Lender with a Term Loan Commitment or an outstanding Term Loan.

  • Tranche B Term Loan Lender each Lender that has a Tranche B Term Loan Commitment or is the holder of a Tranche B Term Loan.

  • Term Loan A has the meaning set forth in Section 2.2(a).

  • Revolving Loan Note means a promissory note in the form of Exhibit 2.5-1, as it may be amended, supplemented or otherwise modified from time to time.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Loan Advance The meaning specified in Section 2.2(a).

  • Term Loan Borrowing means a borrowing consisting of simultaneous Term Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Term Loan Lenders pursuant to Section 2.01(a).

  • Incremental Loan Request has the meaning set forth in Section 2.14(a).

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

  • Delayed Draw Term Loan Lender means a Lender with a Delayed Draw Term Loan Commitment or an outstanding Delayed Draw Term Loan.

  • Term A Loan is defined in Section 2.2(a)(i) hereof.

  • Term Loan A Note means a promissory note made by the Borrower in favor of a Term Loan A Lender evidencing the portion of the Term Loan A made by such Term Loan A Lender, substantially in the form of Exhibit C-1.

  • Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.

  • Revolving Loan Commitment means the commitment of a Revolving Lender to make Revolving Loans to Company pursuant to subsection 2.1A(ii), and “Revolving Loan Commitments” means such commitments of all Revolving Lenders in the aggregate.