Term Loan Outstandings definition

Term Loan Outstandings means, as of any date of determination, the aggregate principal amount of the Term Loan then outstanding and all interest accrued thereon.

Term Loan Outstandings means the sum of the outstanding principal amount of Term Loans.

Term Loan Outstandings means, with respect to any Term Lender at any time, the sum of the Outstanding Amount of such Term Lender’s Term Loans at such time.

Examples of Term Loan Outstandings in a sentence

• If for any reason (A) the Total Term Loan Outstandings plus the aggregate amount of Aggregate TL Principal Payments as of any date of determination exceed (B) the Aggregate TL Commitments plus the Aggregate TL Borrowings as of such date, the Borrower shall immediately prepay the Term Loans in an aggregate amount equal to such excess.

• Unless the aggregate Term Loan Outstandings are to be prepaid in full, voluntary prepayments of the Term Loans shall be in an aggregate minimum amount of $1,000,000 and in increments of $500,000 in excess of such amount.

• Any repayment or prepayment of all or any portion of the principal amount of the Term Loans shall constitute a permanent reduction in the Term Loan Outstandings and may not be readvanced to the Borrower.

• Each of the Borrowers hereby acknowledges and agrees that, as of June 10, 2016, the aggregate amount of the Total Converted Term Loan Outstandings and Total Revolving Credit Outstandings Loans was not less than $12,649,377, which amount constitutes a valid and subsisting obligation of the Borrowers to the Lenders that is not subject to any credits, offsets, defenses, claims, counterclaims or adjustments of any kind.

• If for any reason the Total Outstandings (excluding the Term Loan Outstandings) at any time exceed the Aggregate Revolving Credit Commitments then in effect, the Borrower shall immediately prepay Loans in an aggregate amount equal to such excess.

More Definitions of Term Loan Outstandings

Term Loan Outstandings means, collectively, the Term A Loan Outstandings and the Term B Loan Outstandings.

Term Loan Outstandings means, at any time of calculation, (a) the sum of the then existing aggregate outstanding principal amount of the Term Loan, and (b) when used with reference to any single Lender, the sum of the then existing outstanding principal amount of the Term Loan advanced by such Lender.

Term Loan Outstandings shall have the meaning assigned such term in the Term Loan Agreement.

Term Loan Outstandings means, at any time, the aggregate of the Outstandings attributable to the Term Loan Facility

Term Loan Outstandings means, collectively the TL$ Outstandings and the TLE Outstandings.

Term Loan Outstandings means, as of any date of determination, the aggregate principal amount of the Term Loan A Outstandings and the Term Loan B Outstandings."

Term Loan Outstandings means, as of any date of determination, the Tranche A Term Loan Outstandings plus the Tranche B Term Loan Outstandings.