Term Loan Date definition

Term Loan Date. The date of the making of any Term Loans hereunder.
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Term Loan Date means the date upon which the proceeds of the Term Loan are disbursed to Borrowers.
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Term Loan Date has the meaning set forth in SECTION 2B.6.
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Examples of Term Loan Date in a sentence

  • The principal of this Note may be due and payable in whole or in part prior to the Term Loan Date and is subject to mandatory prepayment in the amounts and under the circumstances set forth in the Credit Agreement, and may be prepaid in whole or from time to time in part, all as set forth in the Credit Agreement.

  • On and after each Requested Incremental Term Loan Date, the Ratable Share of each Lender’s Advances shall be calculated after giving effect to each such Incremental Term Loan.

  • Such request for Term Loans hereunder shall be irrevocable and shall be deemed a representation by each Borrower that on the requested Term Loan Date and after giving effect to the requested Term Loans the applicable conditions specified in Article III have been and will be satisfied.

  • Each Term Note shall be dated the Term Loan Date (or later "effective date" under any Assignment and Acceptance) and be duly and validly executed and delivered by the Borrower.

  • Funds appropriated 13 herein shall be used by independent colleges to expand opportunities 14 for the educationally and economically disadvantaged at independent 15 institutions of higher learning ...

  • Any New Term Loans made pursuant to New Term Loan Commitments that become effective on a New Term Loan Date, as well as the Term Loans, shall be designated a separate series (a “Series”) of Loans for all purposes of this Agreement.

  • On or prior to the Tender Offer Closing Date, (i) the Effective Date shall have occurred and (ii) there shall have been delivered to the Administrative Agent for the account of each Bank the appropriate A Term Note, B Term Note (if the Initial B Term Loan Date) and/or Revolving Note executed by the respective Borrower, in each case, in the amount, maturity and as otherwise provided herein.

  • Upon the terms and subject to the conditions of, and in reliance upon the representations and warranties made under, this Agreement, each Lender agrees severally, but not jointly, to advance to the Borrower on the Term Loan Date a Term Loan (which shall be a Prime Rate Loan) in a principal amount equal to such Lender's Proportionate Share of the Term Loan Facility.

  • The Borrower shall give the Agent at least two Business Days' prior written notice of the occurrence of the Term Loan Date.

  • Notwithstanding anything to the contrary, the Administrative Agent shall not be obligated to make available to the Borrowers on the Closing Date, the Initial Term Loan (or, Delayed Draw Term Loan Date, the Delayed Draw Term Loan) unless such corresponding amounts have been made available to the Administrative Agent by each Lender.


More Definitions of Term Loan Date

Term Loan Date. The date of the making of the Tranche A3 Term Loans and the Tranche B3 Term Loans, which date shall be a single Business Day during the Tranche 3 Availability Period.
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Term Loan Date means the date that the Construction Loans are converted to -------------- Term Loans. Third Party Fees: all fees and expenses incurred by or on behalf of the ---------------- Partnership for third-party accounting, tax preparation and audit services and third-party legal, consulting, other professional services and other services, except fees and expenses incurred for services that the Managing General Partner is required to provide in the performance of its responsibilities or the discharge of its duties under this Agreement.
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Term Loan Date means the date on which the Construction Loan is converted to a Term Loan.
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Related to Term Loan Date

  • 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).

  • Loan Date means the date of the Loan Agreement as set forth in Exhibit A.

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

  • 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 as defined in Section 2.1.

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

  • Term Loan Rate means an interest rate per annum equal to (a) the sum of the Alternate Base Rate plus the Applicable Margin with respect to Domestic Rate Loans and (b) the sum of the Eurodollar Rate plus the Applicable Margin with respect to Eurodollar Rate Loans.

  • Term Loan Increase has the meaning set forth in Section 2.14(a).

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

  • 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 B Maturity Date means the earliest of (a) May 24, 2014, or (b) such earlier date upon which the Outstanding Amounts under the Term Loan Facility, including all accrued and unpaid interest, are required to be paid in full in accordance with the terms hereof.

  • Term Loan A Maturity Date means the earliest of (a) May 24, 2012, or (b) such earlier date upon which the Outstanding Amounts under the Term Loan Facility, including all accrued and unpaid interest, are required to be paid in full in accordance with the terms hereof.

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

  • Incremental Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Term Loan Repayment Date shall have the meaning assigned to such term in Section 2.09.

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

  • 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

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

  • Term Loan A Commitment means, with respect to each Lender, its Term Loan A Commitment, and, with respect to all Lenders, their Term Loan A Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • 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.

  • Term Loan B Commitment means, with respect to each Lender, its Term Loan B Commitment, and, with respect to all Lenders, their Term Loan B Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.