Term Loan Specified Percentage definition

Term Loan Specified Percentage means, as to any Lender, the percentage indicated beside its name on the signature pages hereof designated as its Term Loan Specified Percentage, or as adjusted or specified (i) in any Assignment and Acceptance or (ii) in any amendment to this Agreement.
Term Loan Specified Percentage or "Special Purpose Specified Percentage" (except in accordance with the terms of Section 2.17 hereof), or the number of Lenders required to take any action hereunder, change the definitions of "Commitment", "Revolver Commitment", "Special Purpose Commitment" (except in accordance with the terms of Section 2.17 hereof), "Maturity Date", "Majority Lenders", or "Letter of Credit Commitment", or (f) amend this Section 11.01 or Section 11.03 hereof. No amendment, waiver, or consent shall affect the Rights or duties of Administrative Agent under any Loan Papers, unless it is in writing and signed by Administrative Agent in addition to the requisite number of Lenders.
Term Loan Specified Percentage means, as to any Lender, the percentage obtained by dividing such Lender's portion of the Term Loan Commitment (or Term Loan Advances owing to such Lender after the Term Loan Commitment has terminated) by the Term Loan Commitment (or to the aggregate principal amount of Term Loan Advances after the Term Loan Commitment has terminated), which percentage for each Lender existing on the Agreement Date shall be set forth on Schedule 1.1(b)

Examples of Term Loan Specified Percentage in a sentence

  • All Facility B Term Loan Advances shall be made by each Lender in accordance with its Facility B Term Loan Specified Percentage.

  • Each Lender severally agrees, on the terms and subject to the conditions hereinafter set forth, to make a Term Loan Advance to the Borrower on the Closing Date, in an aggregate principal amount not to exceed at any time outstanding such Lender's Term Loan Specified Percentage of the Term Loan Commitment.

  • All Facility A Term Loan Advances shall be made by each Lender in accordance with its Facility A Term Loan Specified Percentage.

  • All Facility A Term Loan Advances shall be made by each Lender according to its Facility A Term Loan Specified Percentage.

  • Also included is the ability to work effectively with individuals whose group membership, demographic characteristics, or worldviews create conflict with their own.● Demonstrate the requisite knowledge base, ability to articulate an approach to working effectively with diverse individuals and groups, and apply this approach effectively in their professional work.

  • Each Lender severally agrees, upon the terms and subject to the conditions of this Agreement, to make Facility B Term Loan Advances to the Borrower on the Agreement Date in an aggregate amount not to exceed its Facility B Term Loan Specified Percentage of the Facility B Term Loan Commitment for the purposes set forth in Section 5.8 hereof.

  • Each Lender severally agrees, upon the terms and subject to the conditions of this Agreement (including, but not limited to, Section 3.3 hereof), to make Term Loan Advances to the Borrower from time to time up to but not including the Term Loan Commitment Termination Date in an amount not to exceed its Term Loan Specified Percentage of the Term Loan Commitment for the purposes set forth in Section 5.8(b) hereof.

  • However, the financial statement presentation shows the bond proceeds clearly for the purpose of capital expenditures.

  • Ola Xxxxxxxxx Xxxephone: (212) 000-0000 Xxxecopy: (212) 000-0000 Xevolver Specified Percentage: 4.28571428571429% Term Loan Specified Percentage: 4.28571428571429% Total Specified Percentage: 4.28571428571429% 107 113 XXXX XX XXXX XXXXXX, xx a Lender Address: One Xxxxxxx Xxxxx, 00xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 /s/ Vincxxx X.

  • Xxxxxxxxxx, Xx. ------------------------------------ Its: Authorized Signatory ----------------------------------- Attn: Stevx Xxxx Xxxephone: (212) 000-0000 Xxxecopy: (212) 000-0000 Xevolver Specified Percentage: 4.28571428571429% Term Loan Specified Percentage: 4.28571428571429% Total Specified Percentage: 4.28571428571429% 108 BANK AUSTRIA CREDITANSTALT CORPORATE FINANCE, INC., as a Lender Address: Two Xxxxxxx Xxxxx, Xxxxx 0000 Xxxxxxx, Xxxxxxx 00000 /s/ Carl X.


More Definitions of Term Loan Specified Percentage

Term Loan Specified Percentage means, as to any Lender, the percentage indicated beside its name on the signature pages hereof as its Term Loan Specified Percentage, or as adjusted or specified in any amendment of this Agreement or in any Assignment and Acceptance.

Related to Term Loan Specified Percentage

  • 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.

  • Term Loan Percentage means, with respect to any Term Loan Lender at any time, the percentage of the total outstanding principal balance of the Term Loans represented by the outstanding principal balance of such Term Loan Lender’s Term Loans.

  • Tranche B Term Loan Percentage as to any Lender at any time, the percentage which such Lender's Tranche B Term Loan Commitment then constitutes of the aggregate Tranche B Term Loan Commitments (or, at any time after the Closing Date, the percentage which the aggregate principal amount of such Lender's Tranche B Term Loans then outstanding constitutes of the aggregate principal amount of the Tranche B Term Loans then outstanding).

  • 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.

  • Specified Percentage means, as to any Lender, the percentage indicated beside its name on the signature pages hereof, or if applicable, specified in its most recent Assignment Agreement.

  • Prepayment Shift Percentage Not applicable.

  • Revolving Loan Commitment Percentage means, as to any Lender, (a) on the Closing Date, the percentage set forth opposite such Lender’s name on the Commitment Annex under the column “Revolving Loan Commitment Percentage” (if such Lender’s name is not so set forth thereon, then, on the Closing Date, such percentage for such Lender shall be deemed to be zero), and (b) on any date following the Closing Date, the percentage equal to the Revolving Loan Commitment Amount of such Lender on such date divided by the Revolving Loan Commitment on such date.

  • 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.

  • Term Loan Rate means an interest rate per annum equal to (a) the sum of the Alternate Base Rate plus the Applicable Margin with respect to Domestic Rate Loans and (b) the sum of the Eurodollar Rate plus the Applicable Margin with respect to Eurodollar Rate Loans.

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

  • 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.

  • Prepayment Percentage As of the Closing Date, approximately 0%, and thereafter, with respect to any Distribution Date, the excess of 100% over the Senior Prepayment Percentage.

  • Aggregate Revolving Loan Commitment means the aggregate of the Revolving Loan Commitments of all the Revolving Lenders, as may be reduced or increased from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment is Two Hundred Fifty Million and 00/100 Dollars ($250,000,000.00).

  • Sixty-Plus Delinquency Percentage With respect to any Distribution Date and the Mortgage Loans, the arithmetic average, for each of the three Distribution Dates ending with such Distribution Date, of the fraction, expressed as a percentage, equal to (x) the aggregate Stated Principal Balance of the Mortgage Loans that are 60 or more days delinquent in payment of principal and interest for that Distribution Date, including Mortgage Loans in foreclosure and REO, over (y) the aggregate Stated Principal Balance of all of the Mortgage Loans immediately preceding that Distribution Date.

  • 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.

  • 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.

  • Incremental Term Loan Facility has the meaning set forth in Section 2.16(a).

  • Incremental Term Loan Note means a promissory note made by the Borrower in favor of an Incremental Term Lender evidencing the Incremental Term Loans made by such Incremental Term Lender, and any amendments, supplements and modifications thereto, any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part.

  • 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-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.

  • Applicable Revolving Percentage means with respect to any Revolving Lender at any time, such Revolving Lender’s Applicable Percentage in respect of the Revolving Facility at such time.

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

  • 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.

  • Incremental Term Loan Repayment Dates means the dates scheduled for the repayment of principal of any Incremental Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement.

  • 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.

  • Incremental Term Loan Lender shall have the meaning provided in Section 2.15(b).