Term Loan Installment Date definition

Term Loan Installment Date means any Term B Loan Installment Date or any Incremental Term Loan Installment Date.
Search the Best Contracts

Faster legal research. Find precedence in millions of legal contracts from the best law firms.

30+ Reviews on G2 Crowd
nixon-peabody.svg
casio.svg
baker-mckenzie.svg
p-morgan.svg
stanford-university.svg
klgates-logo.svg
harvard-university.svg
dentons.svg
Term Loan Installment Date means any Initial Term Loan Installment Date or any Other Term Loan Installment Date.
Term Loan Installment Date means, as the context requires, an Original Term Loan Installment Date, an Incremental Term Loan Installment Date, an Other Term Loan Installment Date or an Extended Term Loan Installment Date.

Examples of Term Loan Installment Date in a sentence

Subject to Section 2.08(d), all prepayments of the Term Loans shall be applied as follows: first, to reduce the principal amount payable by the Borrowers on the most remote scheduled Term Loan Installment Date and all accrued but unpaid interest thereon until such scheduled payment (and unpaid interest) is reduced to zero and second, to reduce the aggregate principal amount payable by the Borrowers on the then remaining Term Loan Installment Dates in the inverse order of their due dates.

Section 1.1 of the Credit Agreement is hereby amended by deleting the following definition: Senior Lien Term Loan Installment Date and Senior Lien Term Loan Percentage.

The Borrower shall repay the aggregate outstanding principal amount of the Initial Term Loan in consecutive quarterly installments on each Term Loan Installment Date as set forth below, except as the amounts of individual installments may be adjusted pursuant to Section 4.4 hereof: If not sooner paid, the Initial Term Loan shall be paid in full, together with accrued interest thereon, on the Term Loan Maturity Date.

Subject to the other paragraphs of this Section, the Borrower shall repay Term Borrowings on each date set forth below in the aggregate principal amount set forth below opposite such date or, if such date is not a Business Day, the immediately preceding Business Day (each such date being referred to as a "Term Loan Installment Date"): Amount of Term Date Borrowings to be Repaid ---- ----------------------- June 30, 2006................

The Borrowers shall repay the aggregate principal amount of the Term Loans on each Term Loan Installment Date in an amount equal to (x) the percentage set forth opposite the applicable year during which such Term Loan Installment Date occurs multiplied by (y) the Conversion Amount: provided that the Borrowers shall pay all outstanding principal on the Term Loans, together with all accrued and unpaid interest thereon on the Maturity Date.


More Definitions of Term Loan Installment Date

Term Loan Installment Date means any Term A Loan Installment Date, Term B Loan Installment Date, any Refinancing Term Loan Installment Date or any Incremental Term Loan Installment Date.
Term Loan Installment Date means an Initial Term A Loan Installment Date and an Other Term Loan Installment Date.
Term Loan Installment Date means any Term B-1 Loan Installment Date or Incremental Term Loan Installment Date.
Term Loan Installment Date means any Incremental Term Loan Installment Date.
Term Loan Installment Date means any Term B-4 Loan Installment Date, Term B-5 Loan Installment Date, Term B-6 Loan Installment Date, Term B-7 Loan Installment Date or any other Incremental Term Loan Installment Date.
Term Loan Installment Date means the last Business Day in March, June, September and December of each year, commencing with June 28, 2013.
Term Loan Installment Date means any Term A Loan Installment Date or any Incremental Term Loan Installment Date.