Term Loans definition

Term Loans means, collectively, the Term A Loans and the Term B Loans.

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Term Loans means the Initial Term Loans and the Incremental Term Loans.

Term Loans means the term loans made by the Term Lenders to the Borrower pursuant to Section 2.01(b).

Examples of Term Loans in a sentence

Incremental Term Loan Facilities and Incremental Term Loans may be made hereunder pursuant to a supplement, an amendment or an amendment and restatement (an “Incremental Term Loan Facility Amendment”) of this Agreement and, as appropriate, the other Loan Documents, executed by the Borrower, each Incremental Term Loan Lender (including any new Lender becoming a party to this Agreement as an Incremental Term Loan Lender) with respect to such Incremental Term Loan Facility and the Administrative Agent.
Delayed Draw Term Loans may be Base Rate Loans, Daily SOFR Loans or Term SOFR Loans, as further provided herein.
Each Initial Term Lender’s Initial Term Loan Commitment shall automatically and without notice be reduced to zero immediately after the funding of the Initial Term Loans on the Closing Date.
The Borrower shall repay to the Delayed Draw Term Loan Lenders on the Maturity Date for the Delayed Draw Term Loan Facility the aggregate principal amount of all Delayed Draw Term Loans outstanding on such date.
Each Delayed Draw Term Loan Borrowing shall consist of Delayed Draw Term Loans made simultaneously by the Delayed Draw Term Loan Lenders ratably according to their Delayed Draw Term Loan Commitments.

More Definitions of Term Loans

Term Loans means the Tranche A Term Loans and the Tranche B Term Loans.

Term Loans means the Initial Term Loans, any New Term Loans, any Replacement Term Loans, and any Extended Term Loans, collectively.

Term Loans as defined in Section 2.1.

Term Loans means any Initial Term Loan or any Incremental Term Loan, Refinancing Term Loan or Extended Term Loan designated as a “Term Loan”, as the context may require.

Term Loans means the Term B Loans and/or the Incremental Term Loans.

Term Loans the collective reference to the Tranche A Term Loans and the Tranche B Term Loans.

Term Loans shall have the meaning assigned to such term in Section 2.01(a).