Term Loan Lenders definition
Examples of Term Loan Lenders in a sentence
The Borrower and the Term Loan Lenders acknowledge and agree that the 2028 Term Credit Commitment of the Term Loan Lenders was in the aggregate principal amount of $50,000,000 on the First Amendment Effective Date and, after giving effect to the funding of the 2028 Term Loan on the First Amendment Effective Date, was reduced to $0.
The Borrower and the Term Loan Lenders acknowledge and agree that the 2030 Term Credit Commitment of the Term Loan Lenders was in the aggregate principal amount of $55,000,000 on the First Amendment Effective Date and, after giving effect to the funding of the 2030 Term Loan on the First Amendment Effective Date, was reduced to $0.
The Borrower shall repay to the Administrative Agent for the ratable account of the Delayed Draw Term Loan Lenders on the Termination Date in respect of the Delayed Draw Term Loan Facility the aggregate outstanding principal amount of the Delayed Draw Term Loans then outstanding.
Each Borrowing shall consist of Term Loan Advances made simultaneously by the Term Loan Lenders ratably according to their Term Loan Commitments.
The Borrower and the Term Loan Lenders acknowledge and agree that the 2029 Term Credit Commitment of the Term Loan Lenders was in the aggregate principal amount of $55,000,000 on the First Amendment Effective Date and, after giving effect to the funding of the 2029 Term Loan on the First Amendment Effective Date, was reduced to $0.