Term Loan C Loans definition

Term Loan C Loans means the amounts advanced by the Lenders holding a Term Loan C Commitment to the Borrower as Term Loan C Loans and evidenced by the Term Loan C Notes.
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Term Loan C Loans. With respect to any Advance under the Term Loan C Commitments, the Applicable Margin shall be as set forth in a certificate of the chief financial officer of the Borrower delivered to the Administrative Agent based upon the Total Leverage Ratio for the most recent fiscal quarter end for which financial statements are furnished by the Borrower to the Administrative Agent and each Lender as follows: BASE RATE ADVANCE LIBOR ADVANCE TOTAL LEVERAGE RATIO APPLICABLE MARGIN APPLICABLE MARGIN -------------------- ----------------- -----------------
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Term Loan C Loans to “Term Loan D Loans” and (iii) “Term Loan C Lenders” to “Term Loan D Lenders.”
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Examples of Term Loan C Loans in a sentence

  • Amounts prepaid pursuant to this Section 2.7(a) shall be applied to Term Loan A Loans, Term Loan B Loans, Term Loan C Loans or Revolving Loans as the Borrower may direct; PROVIDED, THAT, if the Borrower shall direct amounts prepaid pursuant to this Section 2.7(a) to be applied to Term Loan A Loans, Term Loan B Loans or Term Loan C Loans, such amount shall be applied to the scheduled payments for such Loans in Section 2.7(b) hereof in inverse order of maturity.

  • Subject to the provisions herein and in the Loan Agreement, the Term Loan C Loans shall be fully drawn on the Closing Date; provided, however, that additional revolving or term loan incremental facilities shall be available after the Closing Date subject to the terms and conditions of Section 2.15 of the Loan Agreement.

  • One (1) Term Loan A Note, one (1) Term Loan B Note, one (1) Term Loan C Note, one (1) Revolving Loan Note and, if applicable, one (1) Incremental Facility Note shall be payable to the order of each Lender, in accordance with such Lender's applicable Commitment Ratio for Term Loan A Loans, Term Loan B Loans, Term Loan C Loans, Revolving Loans and, if applicable, the Incremental Facility Loans, as the case may be.

  • This Term Loan C Note evidences the Lender’s portion of the Term Loan C Loans under, and is entitled to the benefits and subject to the terms of, the Credit Agreement, which contains provisions with respect to the acceleration of the maturity of this Term Loan C Note upon the happening of certain stated events, and provisions for prepayment.

  • Not later than 12:00 Noon, New York City time, on the Amendment Effective Date each Term Loan D Lender shall make available to the Administrative Agent at the Funding Office an amount in immediately available funds equal to the Term Loan D Loan or Term Loan D Loans to be made by such Term Loan D Lender (or convert Term Loan C Loans to Term Loan D Loans).

  • In addition to the foregoing, a final payment of Term Loan C Loans, together with accrued interest and fees with respect thereto and all other Obligations then outstanding, other than the Incremental Facility Loans, if any, shall be due and payable on the Term Loan C Maturity Date.

  • The Borrower shall be entitled to borrow, re-pay and reborrow the portion of the Term Loan C Loans hereunder pursuant to the terms and conditions of the Loan Agreement; PROVIDED, HOWEVER, that on and following the making of the initial Advance under the Term Loan C Commitment there shall be no increase in the aggregate principal amount outstanding hereunder.

  • There does not exist, on this date, and there will not exist after giving effect to the Term Loan C Loans, any Default or Event of Default under the Loan Agreement.

  • Most of the administration‘s discussion of FHA in its report suggests that the administration shares these objectives, although at some points there is vague and troubling language suggesting that it has not yet learned the lesson of the Fannie and Freddie‘s financial collapse.

  • The Borrower shall deliver to the Administrative Agent a Request for Advance (which Request for Advance must be received by the Administrative Agent prior to 10:00 A.M., New York City time, three Business Days prior to the anticipated First Amendment Effective Date) requesting that the Term Loan C Lenders make the Term Loan C Loans (or convert Term Loan B Loans to Term Loan C Loans) on the First Amendment Effective Date.


More Definitions of Term Loan C Loans

Term Loan C Loans means, collectively, the amounts advanced (or converted) by the Lenders to the Borrower under the several obligations of the Lenders to fund their respective portion of the Term Loan C Loans to the Borrower, in an aggregate sum of up to $150,000,000. ‘Total Debt’ shall mean, for the Parent and its Subsidiaries on a consolidated basis as of any date, the sum (without duplication) of (i) the Obligations (ii) the aggregate principal amount of the Senior Subordinated Notes (iii) the aggregate principal amount of the Senior Holdco Notes and (iv) all other Indebtedness for Money Borrowed of the Parent and its Subsidiaries determined in accordance with GAAP.”
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Term Loan C Loans. With respect to any Advance under the Term Loan C Commitments, the Applicable Margin shall be as set forth in a certificate of the chief financial officer of the Borrower delivered to the Administrative Agent based upon the Total Leverage Ratio for the most recent fiscal quarter end for which financial statements are furnished by the Borrower to the Administrative Agent and each Lender as follows:
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Term Loan C Loans means, collectively, the ----------------- amounts advanced in connection with the Notice of Incremental Facility Commitment for Term Loan C."
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Term Loan C Loans means, collectively, the
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Term Loan C Loans has the meaning assigned to such term in the preamble.
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Related to Term Loan C Loans

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

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

  • Term Loans means the term loans made by the Term Lenders to the Borrower pursuant to Section 2.01(b).

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

  • Term Loan as defined in Section 2.1.

  • Term Loan Commitments means the aggregate amount of such commitments of all Lenders.

  • Term Loan Notes means the promissory notes of the Borrower (if any) in favor of any of the Term Loan Lenders evidencing the portion of the Term Loan provided by any such Term Loan Lender pursuant to Section 2.2(a), individually or collectively, as appropriate, as such promissory notes may be amended, modified, extended, restated, replaced, or supplemented from time to time.

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

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

  • 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 A Loans has the meaning specified in Section 2.01(b).

  • 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

  • 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).

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Incremental Loans has the meaning assigned to such term in Section 2.22(a).

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

  • 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.

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

  • Term Loan Lenders means the “Lenders” under and as defined in the Term Loan Credit Agreement.

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

  • 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.

  • Revolving Loan Notes means with respect to any Borrower the promissory notes of such Borrower in favor of each Lender evidencing the Revolving Loans made to such Borrower and substantially in the form of Exhibit 2.7(a), as such promissory notes may be amended, modified, supplemented or replaced from time to time.

  • Revolving Loan Commitments means such commitments of all Lenders in the aggregate.

  • 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.

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.