Term Loan Reduction Amount definition

Term Loan Reduction Amount means, for each Additional Fee Date, a reduction in the aggregate Principal Amount of Term Loans outstanding on the Third Amendment Effective Date by an amount equal to the product of the percentage set forth opposite such Additional Fee Date and the aggregate Principal Amount of Term Loans outstanding as of Third Amendment Effective Date: Additional Fee Date Percentage ------------------- ---------- September 30, 2002 40% June 30, 2003 60% June 30, 2004 80%
Sample 1Sample 2Sample 3
Term Loan Reduction Amount is the outstanding principal balance of the Term Loan D Advance.”
Sample 1Sample 2
Term Loan Reduction Amount means the aggregate principal amount of Term Loan repayments and prepayments made by the Borrower but excluding the aggregate principal amount of mandatory prepayments made pursuant to this Section 2.05(d).
Sample 1Sample 2

Examples of Term Loan Reduction Amount in a sentence

  • In the event of receipt of Debt Proceeds or Net Cash Proceeds of any Asset Sale or Casualty Event (subject to limitations set forth below) or in the event an Excess Cash Flow Payment is due, FDTH shall offer to repay Term B Table of Contents Loans in an amount equal to such Term B Lender’s Term B Percentage of the applicable Term Loan Reduction Amount of such Debt Proceeds, Net Cash Proceeds of Asset Sales or Casualty Events or Excess Cash Flow Payment, in each case in accordance with Section 6.2.4(d).

  • On April 15 of each year, commencing on April 15, 2004, FDTH shall offer to repay Term B Loans in an amount equal to such Term B Lender’s Term B Percentage of the Term Loan Reduction Amount of each Excess Cash Flow Payment allocated to the Term B Loans pursuant to Section 6.2.4(b)(i) in each case in accordance with Section 6.2.4(d).

  • The two main type of systems utilized to harness solar energy that pose direct threats to structural firefighting operations are Solar Thermal Systems and Photovoltaic systems.

  • On April 15 of each year, commencing on April 15, 2004, each Incremental Borrower shall offer to repay Incremental Loans in an amount equal to such Incremental Lender’s Incremental Percentage of the Term Loan Reduction Amount of each Excess Cash Flow Payment allocated to the Incremental Loans pursuant to Section 6.2.5(b)(i) in each case in accordance with Section 6.2.5(d).

  • The applicant has confirmed that no additional on-site car parking is proposed and hasdemonstrated that vehicles serving the substation can manoeuvre within the site to exit in forward gear.

  • Barnet, M.B., et al., EGFR-Co-Mutated Advanced NSCLC and Response to EGFR Tyrosine Kinase Inhibitors.

  • In the event of receipt of Debt Proceeds or Net Cash Proceeds of any Asset Sale or Casualty Event (subject to the limitations set forth below), or if any Excess Cash Flow Payment is due, FDTH shall repay Term A Loans in the applicable Term Loan Reduction Amount.

  • On April 15 of each year, commencing on April 15, 2004, FDTH shall repay Term A Loans in an amount equal to such Term A Lender’s Term A Percentage of the applicable Term Loan Reduction Amount of such Excess Cash Flow Payment allocated to the Term A Loans pursuant to Section 6.2.3(b)(i).


More Definitions of Term Loan Reduction Amount

Term Loan Reduction Amount means an amount equal to amount by which the Obligations (as defined in the Term Credit Facility) are required to paid pursuant to Section 17 of the Bank Waiver.
Sample 1Sample 2
Term Loan Reduction Amount means with respect to each Term Loan Reduction Date, 8.3333% of the outstanding principal amount of the Term Loans made pursuant to the Term Commitment under Section 2.01(b) (as such amount may be increased pursuant to Section 2.14) on such Term Loan Reduction Date subject to the Term Loan Reduction Amount Adjustment.
Sample 1
Term Loan Reduction Amount means (a) with respect to Term A Loans, an amount equal to the Term A Reduction Percentage of the Applicable Proceeds Amount or Excess Cash Flow Payment, as the case may be, (b) with respect to Term B Loans, an amount equal to the Term B Reduction Percentage of the Applicable Proceeds Amount or Excess Cash Flow Payment, as the case may be and (c) with respect to Incremental Loans, the Incremental Reduction Percentage of the Applicable Proceeds Amount or Excess Cash Flow Payment, as the case may be. Term Loans means, collectively, the Term A Loans and the Term B Loans.
Sample 1
Term Loan Reduction Amount found in Section 1.1 is amended by deleting it in its entirety from the Agreement.
Sample 1
Term Loan Reduction Amount means, during the periods set forth below, an amount equal to the then outstanding principal balance of the Term Note times the applicable percentage: Period Percentage April 12, 2007 through May 31, 2007 30 % June 1, 2007 and thereafter 50 %
Sample 1

Related to Term Loan Reduction Amount

  • New Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • FX Reduction Amount is defined in Section 2.1.3.

  • Term Loan Committed Amount shall have the meaning set forth in Section 2.2(a).

  • Extended Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Term Loan Commitment Amount means, with respect to each Lender, the sum of such Lender’s Term Loan Tranche 1 Commitment Amount and Term Loan Tranche 2 Commitment Amount.

  • Class B-5 Prepayment Percentage As to any Distribution Date, except as set forth in the next sentence, the percentage calculated by multiplying (i) the Subordinated Prepayment Percentage by (ii) a fraction, the numerator of which is the Class B-5 Principal Balance (determined as of the Determination Date preceding such Distribution Date) and the denominator of which is the sum of the Principal Balances of the Classes of Class B Certificates eligible to receive principal distributions for such Distribution Date in accordance with the provisions of Section 4.01(d). Except as set forth in Section 4.01(d)(ii), in the event that the Class B-5 Certificates are not eligible to receive distributions of principal in accordance with Section 4.01(d)(i), the Class B-5 Prepayment Percentage for such Distribution Date will be zero.

  • Class B-2 Prepayment Percentage As to any Distribution Date, except as set forth in the next sentence, the percentage calculated by multiplying (i) the Subordinated Prepayment Percentage by (ii) a fraction, the numerator of which is the Class B-2 Principal Balance (determined as of the Determination Date preceding such Distribution Date) and the denominator of which is the sum of the Principal Balances of the Classes of Class B Certificates eligible to receive principal distributions for such Distribution Date in accordance with the provisions of Section 4.01(d). Except as set forth in Section 4.01(d)(ii), in the event that the Class B-2 Certificates are not eligible to receive distributions of principal in accordance with Section 4.01(d)(i), the Class B-2 Prepayment Percentage for such Distribution Date will be zero.

  • Reduction Amount has the meaning set forth in Section 2.05(b)(viii).

  • Class B Prepayment Percentage Any of the Class B-1 Prepayment Percentage, Class B-2 Prepayment Percentage, Class B-3 Prepayment Percentage, Class B-4 Prepayment Percentage, Class B-5 Prepayment Percentage or Class B-6 Prepayment Percentage.

  • Subordination Reduction Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the Excess Subordinated Amount and (b) the Net Monthly Excess Cash Flow.

  • Aggregate Revolving Commitment Amount means the aggregate principal amount of the Aggregate Revolving Commitments from time to time. On the Closing Date, the Aggregate Revolving Commitment Amount is $300,000,000.

  • Term Loan Amount means with respect to any Term Loan Lender, the amount equal to its Term Loan Percentage of the aggregate principal amount outstanding under the Term Loan.

  • Maximum Revolving Advance Amount means $25,000,000.

  • Initial Term Loan Repayment Amount shall have the meaning provided in Section 2.5(b).

  • Aggregate Revolving Committed Amount means the aggregate amount of Revolving Commitments in effect from time to time, being initially ONE HUNDRED FIFTY MILLION DOLLARS ($150,000,000).

  • Class B-6 Prepayment Percentage As to any Distribution Date, except as set forth in the next sentence, the percentage calculated by multiplying (i) the Subordinated Prepayment Percentage by (ii) a fraction, the numerator of which is the Class B-6 Principal Balance (determined as of the Determination Date preceding such Distribution Date) and the denominator of which is the sum of the Principal Balances of the Classes of Class B Certificates eligible to receive principal distributions for such Distribution Date in accordance with the provisions of Section 4.01(d). Except as set forth in Section 4.01(d)(ii), in the event that the Class B-6 Certificates are not eligible to receive distributions of principal in accordance with Section 4.01(d)(i), the Class B-6 Prepayment Percentage for such Distribution Date will be zero.

  • Class B-4 Prepayment Percentage As to any Distribution Date, except as set forth in the next sentence, the percentage calculated by multiplying (i) the Subordinated Prepayment Percentage by (ii) a fraction, the numerator of which is the Class B-4 Principal Balance (determined as of the Determination Date preceding such Distribution Date) and the denominator of which is the sum of the Principal Balances of the Classes of Class B Certificates eligible to receive principal distributions for such Distribution Date in accordance with the provisions of Section 4.01(d). Except as set forth in Section 4.01(d)(ii), in the event that the Class B-4 Certificates are not eligible to receive distributions of principal in accordance with Section 4.01(d)(i), the Class B-4 Prepayment Percentage for such Distribution Date will be zero.

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Class B-1 Prepayment Percentage As to any Distribution Date, the percentage calculated by multiplying the Subordinated Prepayment Percentage by either (i) if any Class B Certificates (other than the Class B-1 Certificates) are eligible to receive principal distributions for such Distribution Date in accordance with Section 4.01(d), a fraction, the numerator of which is the Class B-1 Principal Balance (determined as of the Determination Date preceding such Distribution Date) and the denominator of which is the sum of the Principal Balances of the Classes of Class B Certificates eligible to receive principal distributions for such Distribution Date in accordance with the provisions of Section 4.01(d) or (ii) except as set forth in Section 4.01(d)(ii), in the event that the Class B Certificates (other than the Class B-1 Certificates) are not eligible to receive distributions of principal in accordance with Section 4.01(d)(i), one.

  • Net advance amount means the gross advance amount less the aggregate amount of the actual and estimated transfer expenses required to be disclosed under section 3(e).

  • Term Loan Commitment Percentage means, for any Lender, the percentage identified as its Term Loan Commitment Percentage on Schedule 2.1(a), as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 9.6.

  • Advance Amount means with respect to Class A Advances, the Class A Advance Amount and, with respect to Class B Advances, the Class B Advance Amount.

  • Class B-3 Prepayment Percentage As to any Distribution Date, except as set forth in the next sentence, the percentage calculated by multiplying (i) the Subordinated Prepayment Percentage by (ii) a fraction, the numerator of which is the Class B-3 Principal Balance (determined as of the Determination Date preceding such Distribution Date) and the denominator of which is the sum of the Principal Balances of the Classes of Class B Certificates eligible to receive principal distributions for such Distribution Date in accordance with the provisions of Section 4.01(d). Except as set forth in Section 4.01(d)(ii), in the event that the Class B-3 Certificates are not eligible to receive distributions of principal in accordance with Section 4.01(d)(i), the Class B-3 Prepayment Percentage for such Distribution Date will be zero.

  • Class Y Principal Reduction Amounts For any Distribution Date, the amounts by which the Class Principal Balances of the Class Y-1 and Class Y-2 Regular Interests, respectively, will be reduced on such Distribution Date by the allocation of Realized Losses and the distribution of principal, determined as described in Appendix 1.

  • Incremental Term Loan Amount means, at any time, the excess, if any, of (a) $25,000,000 over (b) the sum of (i) the aggregate increase in the Revolving Credit Commitments established at or prior to such time pursuant to Section 2.24 and (ii) the aggregate amount of all Incremental Term Loan Commitments established prior to such time pursuant to Section 2.25.

  • Increase Amount is defined in Section 2.3(a).