Term Loan Extension definition

Term Loan Extension shall have the meaning set forth in Section 2.28(a).
Term Loan Extension means any establishment of Extended Term Commitments and Extended Term Loans pursuant to Section 2.17 and the applicable Extension Amendment.
Term Loan Extension shall have the meaning assigned to such term in Section 2.24(a) (Extension of Term Loans and Revolving Commitments).

Examples of Term Loan Extension in a sentence

  • This Amendment constitutes a Term Loan Extension pursuant to Section 2.24(a) of the Existing Credit Agreement.


More Definitions of Term Loan Extension

Term Loan Extension means any establishment of Extended Term Commitments and Extended Term Loans pursuant to Section 2.17 and the applicable Extension Amendment. “Term Loan Extension Election” has the meaning specified in Section 2.17(b). “Term Loan Extension Series” has the meaning specified in Section 2.17(a). “Term Loan Increase” has the meaning specified in Section 2.14(a). “Term Loan Maturity Date” has the meaning specified in the definition of “Maturity Date.” “Term Note” means a promissory note of the Borrower payable to any Term Lender or its registered assigns, in substantially the form of Exhibit D-1 hereto, evidencing the aggregate Indebtedness of the Borrower to such Term Lender resulting from the Term Loans made or otherwise held by such Term Lender. “Term SOFR Determination Day” has the meaning assigned to it under the definition of Term SOFR Reference Rate. “Term SOFR Rate” means, with respect to any Term Benchmark Borrowing and for any tenor comparable to the applicable Interest Period, the Term SOFR Reference Rate at approximately 5:00 a.m., Chicago time, two U.S. Government Securities Business Days prior to the commencement of such tenor comparable to the applicable Interest Period, as such rate is published by the CME Term SOFR Administrator; provided that the Term SOFR Rate shall not be less than 0.00%. “Term SOFR Reference Rate” means, for any day and time (such day, the “Term SOFR Determination Day”), with respect to any Term Benchmark Borrowing and for any tenor comparable to the applicable Interest Period, the rate per annum published by the CME Term SOFR Administrator and identified by the Administrative Agent as the forward-looking term rate based on SOFR. If by 5:00 pm (New York City time) on such Term SOFR Determination Day, the “Term SOFR Reference Rate” for the applicable tenor has not been published by the CME Term SOFR Administrator and a Benchmark Replacement Date with respect to the Term SOFR Rate has not occurred, then so long as such day is otherwise a U.S. Government Securities Business Day, the Term SOFR Reference Rate for such Term SOFR Determination Day will be the Term SOFR Reference Rate as published in respect of the first preceding U.S. Government Securities Business Day for which such Term SOFR Reference Rate was published by the CME Term SOFR Administrator, so long as such first preceding U.S. Government Securities Business Day is not more than five (5) U.S. Government Securities Business Days prior to such Term SOFR Determination...
Term Loan Extension means any extension of the maturity date of the loans under the Term Loan Agreement for a period of two years or more (or any refinancing of such loans which has the effect of extending the maturity date thereof for such a period).
Term Loan Extension means Parent’s entering into the Credit Agreement Amendment with the other parties thereto and the transactions related thereto.
Term Loan Extension has the meaning set forthprovided in Section 2.16(b)(i).
Term Loan Extension has the meaning ascribed to it in Section 1.18.
Term Loan Extension has the meaning assigned to such term in Section 2.12(a).
Term Loan Extension has the meaning specified therefor in Section 2.08(a). “Term Loan Extension Election” has the meaning specified therefor in Section 2.08(e). “Term Loan Extension Request” has the meaning specified therefor in Section 2.08(a). “Term Loan Lender” means a Lender with a Term Loan Commitment or a Term Loan. “Term Note” means a promissory note of the Borrower, substantially in the form of Exhibit E-1, evidencing the Indebtedness resulting from the making of the Term Loans and delivered to any Lender that requests such Term Note pursuant to Section 2.03(f) hereof, as such promissory note may be modified or extended from time to time, and any promissory note or notes issued in exchange or replacement therefor. “Term SOFR” means a rate per annum equal to Term SOFR Reference Rate for a tenor comparable to the applicable Interest Period on the day (such day, the “Term SOFR Determination Day”) that is two (2) Government Securities Business Days prior to the first day of such Interest Period; provided, however, that if as of 5:00 p.m. (New York City time) on any Term SOFR Determination Day the Term SOFR Reference Rate for the applicable tenor has not been published by the Term SOFR Administrator and a Benchmark Replacement Date with respect to the Term SOFR Reference Rate has not occurred, then Term SOFR will be the Term SOFR Reference Rate for such tenor as published by the Term SOFR Administrator on the first preceding Government Securities Business Day for which such Term SOFR Reference Rate for such tenor was published by the Term SOFR Administrator so long as such first