Term Loan D definition
Examples of Term Loan D in a sentence
Term Loan D shall be available to the Borrower in single principal advance on such date as the conditions set forth in Section 3 shall have been satisfied.
Term Loan D shall terminate upon the making of the final Term Loan D advance.
Term Loan D may be prepaid in whole or in part at any time without penalty but shall be due in full on the Term Loan Maturity Date, unless the credit extended under Term Loan D is otherwise accelerated, terminated, or extended as provided in this Agreement.
After giving pro forma effect to the consummation of the Acquisition and the incurrence of Term Loan D and other Indebtedness to be incurred by the Borrower on the date hereof, (a) the Senior Cash Flow Leverage Ratio as of the date hereof shall not be greater than 2.50 to 1.00, and (c) the Fixed Charge Coverage Ratio as of the date hereof shall not be less than 1.15 to 1.00.
The Borrower shall have consummated (or contemporaneously with the extension of Term Loan D shall consummate) the Acquisition in accordance with the terms of the Acquisition Documents.