US Term Loan Advance definition

US Term Loan Advance has the meaning specified in Section 2.01(e).
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US Term Loan Advance means a borrowing requested by the US Borrower and made by the Lenders pursuant to Section 3.1 hereof, including without limitation any refunding or conversion of such borrowing pursuant to Section 3.5 hereof.
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Examples of US Term Loan Advance in a sentence

  • To the extent the Borrower elects to prepay the Sterling Term Loan Advance or the US Term Loan Advance, amounts prepaid under this Section 2.06(a) shall be applied ratably to the remaining principal installments thereof.

  • The Lender may also attach schedules to this US Term Note and endorse thereon the date, amount and maturity of its US Term Loan Advance and payments with respect thereto.

  • In the event that the Acquisition is not consummated on or before the Acquisition Date, the Borrower hereby agrees to prepay the entire amount of the US Term Loan Advance, including all principal, interest, charges, expenses, fees and other amounts payable thereunder, on the Acquisition Date (the “US Term Loan Mandatory Prepayment”).

  • Concurrently with the consummation of the Acquisition, the Administrative Agent will release the proceeds of the US Term Loan Advance to the Borrower.

  • It is hereby understood and agreed that if the Acquisition is not consummated on or before the Acquisition Date as contemplated above, the Administrative Agent will apply the proceeds of the US Term Loan Advance so held by the Administrative Agent on the Acquisition Date to prepay the US Term Loan Advance on behalf of the Borrower and the Borrower shall remain responsible for the remaining principal, interest, charges, expenses, fees and other amounts payable pursuant to Sections 5.1 and 5.3.

  • The Administrative Agent will hold the proceeds of the US Term Loan Advance in escrow in a non-interest bearing deposit account until the Acquisition Date.

  • The Borrower promises to pay interest on the unpaid principal amount of the US Term Loan Advance from the date of such Advance until such principal amount is paid in full, at such interest rates and at such times as provided in the Agreement.

Related to US Term Loan Advance

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Tranche B Term Loan as defined in Section 2.1.

  • Tranche C Term Loan as defined in Section 2.1.

  • Loan Advance The meaning specified in Section 2.2(a).

  • Tranche B Term Loan Lender means a Lender with a Tranche B Term Loan Commitment or an outstanding Tranche B Term Loan.

  • Tranche A Term Loan Lender means a Lender with a Tranche A Term Loan Commitment or an outstanding Tranche A Term Loan.

  • New Term Loan shall have the meaning provided in Section 2.14(c).

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Tranche A Term Loan as defined in Section 2.1.

  • Tranche B Term Loans means Loans made or deemed made by the Tranche B Term Lenders pursuant to Section 2.01(b) or pursuant to Section 1 of the First Amendment to 2009 Credit Agreement.

  • Extended Term Loan shall have the meaning assigned to such term in Section 2.21(e).

  • Additional Term Loan Commitment means any term commitment added pursuant to Sections 2.22, 2.23 and/or 9.02(c)(i).

  • Initial Term Loan Lender means a Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • Tranche A Term Loan Commitment means the commitment of a Lender to make a Tranche A Term Loan to Company pursuant to subsection 2.1A(i), and "Tranche A Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • ABR Term Loan means any Term Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.

  • Tranche B Term Note shall have the meaning provided in Section 1.05(a).

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Term Advance has the meaning specified in Section 2.01(a).

  • Incremental Term Loan Borrowing Date means, with respect to each Class of Incremental Term Loans, each date on which Incremental Term Loans of such Class are incurred pursuant to Section 2.01(b) and as otherwise specified in any amendment providing for Incremental Term Loans in accordance with Section 2.22.

  • Initial Term Loan Commitment means, in the case of each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(a) as such Lender’s Initial Term Loan Commitment. The aggregate amount of the Initial Term Loan Commitments as of the Closing Date is $795,000,000.

  • Aggregate Term Loan Commitment means the combined Term Loan Commitments of the Lenders, which shall initially be in the amount of $50,000,000, as such amount may be reduced from time to time pursuant to this Agreement.

  • Tranche C Term Loan Commitment means, with respect to each Tranche C Term Loan Lender, the commitment of such Lender to make Tranche C Term Loans under the Tranche C Term Loan Incremental Facility Agreement.

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

  • Delayed Draw Term Loan Commitment Termination Date means the earliest to occur of (i) December 31, 2008, (ii) the date the Delayed Draw Term Loan Commitments are permanently reduced to zero pursuant to Section 2.1, and (iii) the date of the termination of the Delayed Draw Term Loan Commitments pursuant to Section 11.1.

  • Shared-Loss Loan Commitment Advance means an advance pursuant to a Shared-Loss Loan Commitment with respect to which the Assuming Institution has not made a Permitted Advance.

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.