Term Y Loan definition

Term Y Loan means, with respect to each Lender, such Lender’s pro-rata portion of the Term Y Borrowings made by the Lenders pursuant to Section 2.01(c) and, with respect to all Lenders, the aggregate of all such pro-rata portions.
Term Y Loan means an advance made by any Term Y Lender under the Term Y Facility.

Examples of Term Y Loan in a sentence

  • Each Term Y Loan shall be made as part of a Borrowing consisting of Term Y Loans made by the Lenders ratably in accordance with their respective Term Y Commitments.

  • No amount of the Term Y Loan which is repaid or prepaid by the Borrower may be reborrowed hereunder.