Term Loan Facility definition

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

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

Term Loan Facility means the portion of the credit facility evidenced by this Agreement consisting of the Term Loans.

Examples of Term Loan Facility in a sentence

• If the Acquisition Term Loan Facility is increased in accordance with this Section 2.25, Administrative Agent and Borrower shall determine the effective date (the “Incremental Facility Effective Date”) and the final allocation of such increase.

• Administrative Agent will promptly distribute to each Lender its Applicable Percentage in respect of the Term Loan Facility (or other applicable share as provided herein) of such payment in like funds as received by wire transfer to such L▇▇▇▇▇’s Lending Office.

• There shall be no order, injunction or decree of any Governmental Authority restraining or prohibiting the funding under the Term Loan Facility.

• Except as otherwise specifically set forth herein, all of the other terms and conditions applicable to the Incremental Facility shall be identical to the terms and conditions applicable to the Acquisition Term Loan Facility.

• Provided there exists no Default and the Acquisition Term Loan Commitment Termination Date has not occurred, upon notice to Administrative Agent (which shall promptly notify the Acquisition Term Loan Lenders), Borrower may on a one-time basis, request an increase in the Acquisition Term Loan Facility by an amount up to $25,000,000 (the “Incremental Facility”).

More Definitions of Term Loan Facility

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.

Term Loan Facility means the term loan facility being made available to the Borrowers by the Lender pursuant to Section 2.1.

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

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

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).

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.