Term Loan Document definition

Term Loan Document means the Term Loan Credit Agreement, and all agreements, documents and instruments executed or delivered by an Obligor or any Subsidiary in connection therewith.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Term Loan Document means a “Loan Document” as defined in the Term Loan Credit Agreement.

Term Loan Document has the meaning assigned to the term “Term Documents” as defined in the Intercreditor Agreement.

Examples of Term Loan Document in a sentence

• In the event of any conflict between the provisions of this Agreement and the provisions of any ABL Document or any Term Loan Document, the provisions of this Agreement shall govern.

• In the event of any conflict between the provisions of this Agreement and the provisions of any ABL Document, any Term Loan Document or any Additional Document, the provisions of this Agreement shall govern.

• The Term Loan Representative and the ABL Representative acknowledge and agree that neither has made any representation or warranty with respect to the execution, validity, legality, completeness, collectibility or enforceability of any other ABL Document or any Term Loan Document.

• The Term Loan Agent, the ABL Agent and any Additional Agent each acknowledges and agrees that none of the other Parties has made any representation or warranty with respect to the execution, validity, legality, completeness, collectability or enforceability of any other ABL Document, any other Term Loan Document or any other Additional Document.

• Schedule 3.21 lists, as of the Effective Date, (i) each material Senior Note Document, (ii) each material Revolving Credit Loan Document, (iii) each material Secured Term Loan Document, and (iv) each material agreement, certificate, instrument, letter or other document evidencing any other Material Indebtedness, and the Lenders have been furnished true and complete copies of each of the foregoing.

• In the event of any conflict between the provisions of this Agreement and the provisions of any Term Loan Document, any Initial Junior Priority Document or any Additional Document, the provisions of this Agreement shall govern.

• Each Party acknowledges and agrees that none of the other Parties has made any representation or warranty with respect to the execution, validity, legality, completeness, collectability or enforceability of any other Term Loan Document, any other Initial Junior Priority Document or any other Additional Document.

• Nothing contained herein shall preclude any Agent, the Collateral Agent or any other Term Loan Lender from engaging in any transaction, in addition to those contemplated by this Agreement or any other Term Loan Document, with the Borrower or any of its Affiliates in which the Borrower or such Affiliate is not restricted hereby from engaging with any other Person.

• Any provision of this Agreement or any other Term Loan Document which is prohibited or unenforceable in any jurisdiction shall, as to such provision and such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions of this Agreement or such Term Loan Document or affecting the validity or enforceability of such provision in any other jurisdiction.

• Promptly following the occurrence of such event, any amendment, waiver, supplement, or other modification of any Term Loan Document (accompanied by a true, correct and complete copy thereof).

More Definitions of Term Loan Document

Term Loan Document means each “Loan Document” under the Term Loan Credit Agreement or any functionally equivalent term as defined therein.

Term Loan Document means, collectively, the Term Loan Agreement and each of the other “Loan Documents” (as defined in the Term Loan Agreement as in effect on the date hereof).

Term Loan Document and "Term Loan Documents" shall respectively mean any one or more of the Term Loan Agreement, Term Notes and other "Loan Instruments" (as defined in the Term Loan Agreement), as the same may be supplemented, modified, amended, restated or replaced from time to time in the manner provided therein.

Term Loan Document shall have the meaning assigned to such term in the ABL/Term Intercreditor Agreement.

Term Loan Document as defined and described in the Term Loan Credit Agreement, and all of the terms and provisions of the Term Loan Credit Agreement relating to Term Loan Documents shall apply hereto.

Term Loan Document as defined in the Second Lien Credit Agreement, and any other loan documents entered into in connection therewith, including, without limitation, the Second Lien Intercreditor Agreement, any promissory notes, mortgages, deeds of trust, security agreements and instruments, guarantees, collateral or credit support documents, and any other agreements, instruments consents or certificates executed by the Borrower or any of its Subsidiaries in connection with, or as security for the payment or performance of, any Second Lien Loans, in each case, as the same may from time to time be amended, amended and restated, supplemented or otherwise modified to the extent permitted by Section 9.21(b). “Second Lien Loans” means the “Loans” as defined in the Second Lien Credit Agreement, which Debt is intended to be secured on a junior basis by any collateral securing the Indebtedness; provided that such Debt is permitted to be incurred and remain outstanding hereunder pursuant to Section 9.02(i) and any Liens securing such Debt are permitted pursuant to Section 9.03(e), as the same may from time to time be amended, amended and restated, supplemented or otherwise modified to the extent permitted by Section 9.21(b). “Securities Account” has the meaning assigned to such term in the UCC. “Specified Permian Acreage” means Permian Acreage acquired on or after the Eighth Amendment Effective Date in a single acquisition or series of related acquisitions with acquisition consideration attributable thereto in excess of $5,000,000. “Strip Price” means (x) for purposes of determining the value of Oil and Gas Properties constituting Proved Developed Producing Properties, the price estimated by the Borrower in a Reserve Report prepared by the Borrower’s petroleum engineers applying NYMEX published forward prices adjusted for relevant basis differentials (before any state or federal or other income tax) and (y) for purposes of determining the value of basis differential commodity Swap Agreements, as estimated by the Borrower applying, if available, the relevant NYMEX published forward basis differential or, if such NYMEX forward basis differential is unavailable, in good faith based on historical basis differentials, but accounting for reasonably expected future conditions (before any state or federal or other income tax). For any months beyond the first 8 years of published NYMEX forward pricing, the Strip Price used will be equal to the average of the last 12 months of the eighth year o...