Term Loan Maturity definition

Term Loan Maturity means the Term Loan Maturity Date, or, in any instance, upon acceleration of the Term Loan, if such Term Loan has been accelerated by the Lenders upon an Event of Default.
Term Loan Maturity. Date shall mean March 31, 2019. Term Notes shall mean collectively and Term Note shall mean separately all of the Term Notes of the Borrowers in the form of Exhibit 1.1(T) evidencing the Term Loans, together with all amendments, restatements, extension, renewals, replacements, refinancings or refundings thereof in whole or in part. Test Period in effect at any time shall mean the most recent period of four consecutive fiscal quarters of TGI ended on or prior to such time (taken as one accounting period) in respect of which financial statements for each quarter or fiscal year in such period have been or are required to be delivered pursuant to Section 8.3.1 or 8.3.2; provided that, prior to the first date that financial statements have been or are required to be delivered pursuant to Section 8.3.1 or 8.3.2, the Test Period in effect shall be the period of four consecutive fiscal quarters ended September 30, 2013. A Test Period may be designated by reference to the last day thereof (i.e., the “March 31, 2012 Test Period” refers to the period of four consecutive fiscal quarters of TGI ended March 31, 2012), and a Test Period shall be deemed to end on the last day thereof. TGI shall have the meaning assigned to such term in the introductory paragraph of this Agreement.
Term Loan Maturity means the earlier of January 10, 2003, the termination of the Credit Facility or the termination of this Agreement.

Examples of Term Loan Maturity in a sentence

  • Borrower fails to (a) make any payment of principal or interest on any Credit Extension when due, or (b) pay any other Obligations within three (3) Business Days after such Obligations are due and payable (which three (3) Business Day cure period shall not apply to payments due on the Term Loan Maturity Date).

  • Borrower’s final Term Loan Payment, due on the Term Loan Maturity Date, shall include all outstanding principal and accrued and unpaid interest under the Term Loan.

  • On the Initial Term Loan Maturity Date, all then unpaid Initial Term Loans shall be repaid in full in Dollars.

  • The entire Term Loan principal balance and all accrued but unpaid interest hereunder, shall be due and payable on the Term Loan Maturity Date.

  • The entire Term Loan principal balance and all accrued but unpaid interest hereunder, shall be due and payable on Term Loan Maturity Date.


More Definitions of Term Loan Maturity

Term Loan Maturity. Date shall mean November 1, 2009. Term Notes shall mean collectively and Term Note shall mean separately all of the Term Notes of the Borrower in the form of Exhibit 1.1(T) evidencing the Term Loans together with all amendments, extensions, renewals, replacements, refinancings or refunds thereof in whole or in part. Total Debt shall mean, without duplication, total Indebtedness for Borrowed Money of the Borrower and its Subsidiaries, exclusive of Indebtedness for Borrowed Money of Koppers Arch Parent and its Subsidiaries and of Koppers China and its Subsidiaries, determined and consolidated in accordance with GAAP. For purposes of the foregoing calculation, Letters of Credit or letters of credit issued solely to support the line of credit and letter of credit subfacility of National Australia Bank (or a replacement lender) to certain of the Australian Subsidiaries of the Borrower shall not be included in the calculation of Total Debt.
Term Loan Maturity. Date shall mean the earlier of (a) May 31, 2003, and (b) any date the Term Loan Maturity Date is accelerated by the Lender pursuant to Section 8.1 hereof.
Term Loan Maturity. Date shall mean April 1, 2001. Term Loans shall mean collectively, and Term Loan shall mean separately, all term loans or any term loan made by the Banks or one of the Banks to Zarixx Xxxes pursuant to Section 3.1. Term Notes shall mean collectively, and Term Note shall mean separately, all of the Term Notes of Zarixx Xxxes in the form of Exhibit 1.1(T) evidencing the Term Loans, together with all amendments, extensions, renewals, restatements, replacements, refinancings or refunds thereof in whole or in part. Transferor Bank shall mean the selling Bank pursuant to an Assignment and Assumption Agreement.
Term Loan Maturity. Date shall mean, with respect to the Term Loans, March 318, 20232027. Threshold Amount shall mean an amount equal to $500,000 in the aggregate in any four consecutive quarter period. Term Rate Loan shall mean a Loan that bears interest at a rate based on the Term SOFR Rate, Euro-Rate, or Term RFR. Term Rate Loan Option shall mean the option of the Borrower to have Loans bear interest under the Term SOFR Rate Option, Euro-Rate Option or Term RFR Option. Term RFR shall mean, with respect to Euros or British Pounds Sterling for any Interest Period, a rate per annum determined by the Administrative Agent, for any Obligations, interest, fees, commissions or other amounts denominated in, or calculated with respect to any applicable Term RFR Forward Looking Rate equal to the applicable Term RFR Forward Looking Rate; provided that if the rate as determined above would be less than the Floor, such rate shall be deemed to be the Floor for purposes of this Agreement. The Administrative Agent shall give prompt notice to the Borrower of the Term RFR Rate as determined in accordance herewith, which determination shall be conclusive absent manifest error. Term RFR Forward Looking Rate shall mean, with respect to Euros or British Pounds Sterling for any Interest Period, the forward-looking term rate for a period comparable to such Interest Period based on the RFR for such Currency that is published by an authorized benchmark administrator and is displayed on a screen or other information service, each as identified or selected by the Administrative Agent in its reasonable discretion at approximately a time and as of a date prior to the commencement of such Interest Period determined by the Administrative Agent.
Term Loan Maturity. Date shall mean January 31, 2006. Term Loan Notes shall have the meaning assigned to such term in Section 2.05 hereof.
Term Loan Maturity. Date shall mean May 12, 2007.
Term Loan Maturity means the earlier to occur of (i) August 23, 2009 or (ii) the date on which the obligations become due and payable pursuant to Section 9.2. Term Note or Term Notes -- see subsection 2.2(d).