Term Loan Conversion Fee definition

Term Loan Conversion Fee means, with respect to any Borrower, a fee in US Dollars to be paid to the Administrative Agent on the Term Extension Effective Date by such Borrower, for the account of each Lender in accordance with its Pro Rata Share, in an amount equal to 0.50% of the Outstanding Amount on the Term Extension Effective Date of Loans of such Lender made to such Borrower that are converted into Term Loans on the Term Extension Effective Date.
Term Loan Conversion Fee means a fee to be paid to the Administrative Agent on the Term Extension Effective Date by the Borrower, for the account of each Bank in accordance with its Pro Rata Share, in an aggregate amount for all Banks equal to 0.50% of the outstanding principal amount of the Loans on the Term Extension Effective Date.
Term Loan Conversion Fee means, with respect to any Borrower, a fee in US Dollars to be paid to the Administrative Agent on the Term Extension Effective Date by such Borrower, for the account of each Lender in accordance with its Pro Rata Share, in an amount equal to 0.50% of the Outstanding Amount on the Term Extension Effective Date of all Loans of such Lender made to such Borrower.

Examples of Term Loan Conversion Fee in a sentence

  • As conditions precedent to such extension, (A) the applicable Borrower shall pay to the Administrative Agent the Term Loan Conversion Fee, and (B) the applicable Borrower shall deliver to the Administrative Agent a certificate of such Borrower dated as of the Term Extension Effective Date signed by a Responsible Officer of such Borrower certifying that no Default applicable to such Borrower exists.

  • As conditions precedent to such extension, (A) the applicable Borrower shall pay to the Administrative Agent the Term Loan Conversion Fee, and (B) the applicable Borrower shall deliver to the Administrative Agent a certificate of such Borrower dated as of the Term Extension Effective Date (in sufficient copies for each appropriate Lender) signed by a Responsible Officer of such Borrower certifying that no Default applicable to such Borrower exists.

  • As conditions precedent to such extension, (A) the Applicable Borrower shall pay to the Administrative Agent the Term Loan Conversion Fee, and (B) the applicable Borrower shall deliver to the Administrative Agent a certificate of such Borrower dated as of the Term Extension Effective Date (in sufficient copies for each appropriate Lender) signed by a Responsible Officer of such Borrower certifying that no Default applicable to such Borrower exists.

  • Moreover, a central pillar of the IDB’s Vision 2025 is the promotion of gender equality and the inclusion of diverse groups in our operations in the region.


More Definitions of Term Loan Conversion Fee

Term Loan Conversion Fee means the equity conversion fee in the amount of$3,750,000 earned by the Supporting Noteholders as consideration for agreeing to support the treatment of the Supporting Noteholder Term Loan Claims pursuant to the Plan.
Term Loan Conversion Fee means the fee described in Section 4.3(v) hereof.
Term Loan Conversion Fee. Term Note", "Term Rate", and "Total Liabilities". [Fourth and Fifth Amendments]
Term Loan Conversion Fee means a fee to be paid to the Administrative Agent on the Term Extension Effective Date

Related to Term Loan Conversion Fee

  • Term Loan as defined in Section 2.1.

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