Watson Term Loan definition

Watson Term Loan means that certain Term Loan Agreement dated March 29, 2000 by and between the Company and Watson, as such agreement may be supplemented, amended or otherwise modified from time to time in accordance with its terms, including, without limitation, by the Third Amendment to the Watson Term Loan as of February 6, 2004.
Sample 1
Watson Term Loan means the term loan in the principal amount of $5,000,000 (as amended, supplemented, or otherwise modified from time to time) evidenced by the Watson Note. (b) UCC Terms. Terms defined in Article 9 of the Uniform Commercial Code in effect in the State of New York (or in any other State, including, without limitation, the State of Indiana, to the extent that the Uniform Commercial Code in effect in such State is to be applied pursuant to the terms hereof) and not otherwise defined herein are used as therein defined.
Sample 1

Examples of Watson Term Loan in a sentence

  • No assurance can be given, however, that the Company will be successful in converting the Company's outstanding bridge loans to 2002 Debentures, in finalizing the amendments to the Watson Term Loan Agreement, in extending the maturity dates for the Debentures, or in completing the 2002 Debenture Offering.

  • Youngs asked Plaintiff what he put into the mailbox, and Plaintiff responded that it was “mail or a slip” and stated that he did not “have to explain to [Youngs] who” he writes to.

  • The net proceeds from the Watson Term Loan has permitted the Company to satisfy its current liabilities and accounts payable.

  • No effective financing statement or other instrument similar in effect covering all or any part of such Collateral or listing the Debtor or any trade name of the Debtor is on file in any recording office, except such as may have been filed relating to the Watson Term Loan.

  • The Office of the United Nations High Commissioner for Refugees (UNHCR) 2006, The State of the World’s Refugees, Oxford University Press, pp.

  • In consideration the amendments to the Watson Term Loan Agreement, the Company will issue to Watson common stock purchase warrants to purchase approximately 10,750,000 shares of the Company's common stock.

  • The holders of the Senior Note shall have entered into a subordination agreement, in form and substance acceptable to the Lenders, pursuant to which all liens (and all other interests in collateral) securing the Company’s obligations under the Senior Note and the Watson Term Loan shall be fully subordinated to the liens (and other interests in collateral) securing the Loans.

Related to Watson Term Loan

  • 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.

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

  • Initial Term Loan shall have the meaning provided in Section 2.1(a).

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

  • Additional Term Loan has the meaning specified in Section 2.01(c).

  • Base Rate Term Loan means a Term Loan that is a Base Rate Loan.

  • Initial Term Loans means the term loans made by the Lenders on the Closing Date to the Borrower pursuant to Section 2.01(a).

  • LIBOR Term Loan means any Term Loan bearing interest at a rate determined by reference to the LIBOR Rate.

  • Tranche B Term Loan as defined in Section 2.1.

  • Extended Term Loans has the meaning specified in Section 2.15(a).

  • Tranche C Term Loan as defined in Section 2.1.

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

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

  • Additional Term Loans means any term loan added pursuant to Section 2.22, 2.23 or 9.02(c)(i).

  • New Term Loans as defined in Section 2.24.

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

  • Original Term Loans means the "Term Loans" under, and as defined in, the Original Credit Agreement.

  • Incremental Term Loan has the meaning set forth in Section 2.14(b).

  • Other Term Loans means one or more Classes of Term Loans that result from a Refinancing Amendment.

  • Replacement Term Loans has the meaning specified in Section 10.01.

  • Initial Term Loan Facility means the Initial Term Loan Commitments and the provisions herein related to the Initial Term Loans.

  • Second Lien Term Loans means the “Term Loans” under and as defined in the Second Lien Credit Agreement.

  • 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.

  • Additional Term Lender means any Lender with an Additional Term Loan Commitment or an outstanding Additional Term Loan.

  • Adjusted Term SOFR Rate means, for any Interest Period, an interest rate per annum equal to (a) the Term SOFR Rate for such Interest Period, plus (b) 0.10%; provided that if the Adjusted Term SOFR Rate as so determined would be less than the Floor, such rate shall be deemed to be equal to the Floor for the purposes of this Agreement.

  • Initial Term Facility means the Initial Term Loan Commitments and the Initial Term Loans made hereunder.