Term Loan Facility definition

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

Term Loan Facility means the term loan facility established pursuant to Article IV.

Term Loan Facility means, at any time, (a) on or prior to the Closing Date, the aggregate amount of the Term Loan Commitments at such time and (b) thereafter, the aggregate principal amount of the Term Loans of all Term Loan Lenders outstanding at such time.

Examples of Term Loan Facility in a sentence

• The initial Commitment Percentage of each Lender in respect of the Revolver Facility, the Term Loan Facility and the Delayed Draw Term Loan Facility, as applicable, is set forth opposite the name of such Lender on Schedule 1 or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable.

• Each Term Loan Borrowing shall consist of Term Loans made simultaneously by the Term Loan Lenders in accordance with their respective Commitment Percentage of the Term Loan Facility.

• A final payment is due on the Termination Date for the Delayed Draw Term Loan Facility in an amount equal to all Delayed Draw Term Loan Principal Debt then outstanding.

• If the Revolver Commitments are increased or an Incremental Term Loan Facility is added to this Agreement in accordance with this Section, then Administrative Agent and Borrower shall determine the effective date (the “Increase Effective Date”) and the final allocation thereof.

• A final payment is due on the Termination Date for the Term Loan Facility in an amount equal to all Term Loan Principal Debt then outstanding.

More Definitions of Term Loan Facility

Term Loan Facility means, at any time, the aggregate principal amount of the Term Loans of all Lenders outstanding at such time.

Term Loan Facility means the Term Loan facility established pursuant to Section 2.1.

Term Loan Facility means the term loan facilities contained in the Credit Agreement and any other facilities or financing arrangements that Refinances in whole or in part any such term loan facility.

Term Loan Facility as defined in the definition of “Facility” in this Section 1.1.

Term Loan Facility means any of the Initial Term Loan Facility, any Incremental Term Loan Facility and any Extended Term Loan Facility.

Term Loan Facility shall include any agreement (i) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (ii) adding Subsidiaries of the Borrower as additional borrowers or guarantors thereunder, (iii) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (iv) otherwise altering the terms and conditions thereof.

Term Loan Facility means the term loan facility established pursuant to Article IV (including any new term loan facility established pursuant to Section 5.13, each facility providing for the borrowing of Refinancing Term Loans and each facility providing for the borrowing of Extended Term Loans).