Term Loan Collateral Block means the balance of the Term Loans less 85% of the Appraised Value of the Gainesville Facility.
Term Loan Collateral means all of the assets of any Grantor, whether real, personal or mixed, upon which a Lien is granted or purported to be granted to any Term Loan Agent under any of the Term Loan Collateral Documents.
Term Loan Collateral Agent means Credit Suisse, Cayman Islands Branch, as collateral agent for the lenders under the Term Loan Credit Agreement, together with its respective successors and permitted assigns under the Term Loan Credit Agreement exercising substantially the same rights and powers, or such other agent as may from time to time be appointed thereunder.
Loan Collateral With respect to any Mortgage Loan, the related Mortgaged Property and any personal property securing the related Mortgage Loan, including any lessor’s interest in such property, whether characterized or recharacterized as an ownership or security interest, and including any accounts or deposits pledged to secure such Mortgage Loan, and any Additional Collateral.
Term Loan Priority Collateral as defined in the Intercreditor Agreement.
Term Loan B has the meaning set forth in Section 2.2(b).
First Lien Term Loans means the “Term Loans” as defined in the First Lien Credit Agreement.
Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.
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.
Term Loan A has the meaning set forth in Section 2.2(a).
Refinancing Term Loan Commitments shall have the meaning provided in Section 2.14(h).
First Lien Loan A Mortgage Loan secured by a first lien Mortgage on the related Mortgaged Property. Fitch: Fitch, Inc., or its successor in interest.
Term Loan Credit Agreement has the meaning set forth in the recitals to this Agreement.
Term Loan Obligations means the “Obligations” as defined in the Term Loan Credit Agreement.
Term Loan Facilities means the Term Loan A Facility and the Term Loan B Facility.
First Lien Last Out Loan means a loan that, prior to an event of default under the applicable Related Contract, is entitled to receive payments pari passu with other senior secured loans of the same Obligor, but following an event of default under the applicable Related Contract, such Collateral Loan becomes fully subordinated to other senior secured loans of the same Obligor and is not entitled to any payments until such other senior secured loans are paid in full.
Additional Collateral Loan Each Mortgage Loan that is supported by Additional Collateral.
First Lien Loans means the loans made under the First Lien Credit Agreement.
Second Lien Term Loans means the “Term Loans” under and as defined in the Second Lien Credit Agreement.
Delayed Drawdown Collateral Obligation A Collateral Obligation that (a) requires the Issuer to make one or more future advances to the borrower under the Underlying Documents relating thereto, (b) specifies a maximum amount that can be borrowed on one or more fixed borrowing dates, and (c) does not permit the re-borrowing of any amount previously repaid by the borrower thereunder; but any such Collateral Obligation will be a Delayed Drawdown Collateral Obligation only until all commitments by the Issuer to make advances to the borrower expire or are terminated or are reduced to zero.
Existing Revolving Credit Facility means the $600,000,000 (subject to increase in accordance with its terms) revolving credit facility evidenced by that certain Amended and Restated Revolving Credit Agreement dated as of June 14, 2022 by and among the Borrower, the Parent, the lenders from time to time party thereto as “Lenders”, and JPMorgan Chase Bank, N.A., as Agent.
Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(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.
Extended Revolving Credit Facility means each Class of Extended Revolving Credit Commitments established pursuant to Section 2.15(a)(ii).
Term Loan Agent means “Term Loan Agent” as defined in the Intercreditor Agreement.
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.
New Term Loan Facility means the facility providing for the Borrowing of New Term Loans.