Term Loan Request definition
Term Loan Request shall have the meaning assigned to such term in Section 2.17(a).
Term Loan Request. “ has the meaning set forth in Section 2.1.3 hereof.
Term Loan Request means a request in the form set out in Part V of Schedule 4 (Forms of Request).
Examples of Term Loan Request in a sentence
Each Term Loan Request shall contemplate Term Loans in a minimum aggregate amount of $10,000,000 or a higher integral multiple of $1,000,000, not to exceed in the aggregate (for all requested Term Loans) the then Aggregate Commitment as of the applicable Funding Date.
The Agent shall have received (a) a certificate signed by an Authorized Officer of the Company as to compliance with Section 9.1.1, which requirement shall be deemed satisfied by the submission of a properly completed Term Loan Request, and (b) a Term Loan Request substantially in the form of Exhibit A hereto.
More Definitions of Term Loan Request
Term Loan Request means the form delivered by the Borrower pursuant to Section 2.2(b) in substantially the form of Exhibit D attached hereto. “Threshold Acquisition” has the meaning specified therefor in the definition of “Permitted Acquisitions”. “Title Insurance Policy” means a mortgagee’s loan policy, in form and substance satisfactory to Agent, together with all reasonable endorsements made from time to time thereto, issued to Agent by or on behalf of a title insurance company selected by or otherwise satisfactory to Agent (the “Title Insurance Company”), insuring the Lien created by an Acquired Financed Loan Party Mortgage in an amount and on terms and with such endorsements satisfactory to Agent, subject to Permitted Liens, delivered to Agent. “Total Funded Indebtedness” means, as of any date of determination and without duplication, the sum of (a) the Outstanding Amount and all other Indebtedness for borrowed money as of such date, plus (b) the attributable indebtedness with respect to all Finance Lease Obligations and Synthetic Lease Obligations, plus (c) without duplication of amounts counted under clause (a), the outstanding principal amount of any revolving loans outstanding at such date (excluding any undrawn amounts under any such applicable revolving credit facilities), in each case with respect to the Loan Parties and their Subsidiaries but excluding any Permitted Investments in, or Permitted Indebtedness of, all Subsidiaries of Borrower not incorporated, organized or formed in the United States or Canada, determined on a consolidated basis in accordance with Applicable Accounting Standards, plus (d) without duplication, capitalized lease obligations related to operating leases as determined under GAAP (provided that the discount rate shall not exceed *** per annum). Notwithstanding the foregoing or anything contained herein to the contrary, for the purpose of calculating Total Funded Indebtedness hereunder for any purpose: (1) the Indebtedness attributable to the Specified Lease on the Closing Date shall be *** (or, if there is a change to the payment terms of the Specified Lease, the balance sheet amount of the Indebtedness attributable to the Specified Lease) and shall increase in connection with any Indebtedness incurred by Borrower or its Subsidiaries pursuant to subsection (x) of the definition of Permitted Indebtedness, for a maximum total Indebtedness pursuant to the Specified Lease of ***; and (2) any Indebtedness exclusively between: (i) Borrower an...
Term Loan Request is defined in SECTION 2.25.
Term Loan Request means a request by the Borrower in accordance with the terms of Section 2.06 and substantially in the form of Exhibit G.
Term Loan Request shall have the meaning ascribed to that term in Section 2.4(a)(i).
Term Loan Request means a Term Loan A Loan Request or a Term Loan B Loan Request.
Term Loan Request has the meaning specified in Section 2.04.2 of this Agreement.
Term Loan Request therefor substantially in the form of Exhibit 2.4 or a Term Loan Request by telephone immediately confirmed in writing by letter, facsimile in the form of such Exhibit 2.4, it being understood that the Agent may rely on the authority of any individual making such a telephonic request without the necessity of receipt of such written confirmation. Each Term Loan Request shall be irrevocable and shall specify (i)the proposed Borrowing Date; (ii)the aggregate amount of the proposed Term Loans comprising each Borrowing Tranche, the amount of which shall be in integral multiples of $500,000 and not less than $2,500,000 for each Borrowing Tranche to which the LIBO-Rate Option applies and not less than the lesser of $500,000 or the maximum amount available for Borrowing Tranches to which the Base Rate Option applies; (iii)whether Term Loan LIBO-Rate Option or Base Rate Option shall apply to the proposed Term Loans comprising the applicable Borrowing Tranche; and (iv)in the case of a Borrowing Tranche to which the Term Loan LIBO- Rate Option applies, an appropriate Interest Period for the Term Loans comprising such Borrowing Tranche. In addition, except as otherwise provided herein, the Borrower may, from time to time during the period described in Section 2.1.1 (Term Loans) and in accordance with Section 2.1.3 (Increase in Commitments after the Closing Date) and Section 10.11(b) (Additional Bank) (if applicable), request one or more new or existing Banks to make Term Loans in respect of an increase in the aggregate Term Loan Commitments described in such Sections 2.1.1 and 2.