WC Term Loan definition

WC Term Loan means that certain term loan extended by Univest and WBNA to Borrower as evidence by that certain Term-Out Note I dated December 31, 2002 in the face amount of Three Million Dollars ($3,000,000.00).
Sample 1

Examples of WC Term Loan in a sentence

  • Cos., / Partnership Firm and Proprietary ConcernAssistanceTerm Loan, WC Term Loan, Foreign Currency Term LoansMinimum Loan AmountRs.50 Lakh for New Unit and Rs.25 lakh for Existing unitInt RateLinked to Rating and PLR.

  • At December 31, 2014, borrowings outstanding under the WC Term Loan Agreement and the ACT Term Loan Agreement were $4,084.2 million.

  • The Credit Documentation will contain events of default that are substantially identical to those set forth in the Existing WC Term Loan Credit and Guaranty Agreement (including defined terms used therein), and consistent with the Documentation Principles.

  • Assuming a one percent increase in the applicable interest rate, annual interest expense under the WC Term Loan Agreement and the ACT Term Loan Agreement would increase by approximately $40.8 million in 2015.

  • The union will not otherwise post any notices on the Employer’s premises without prior written permission from the Xxxx, Administrative Head or designate.

  • SFAS No. 165 was effective for interim or annual financial periods ending after June 15, 2009.

  • The Company is subject to, and, at December 31, 2014, was in compliance with, all financial and operational covenants under the terms of the WC Term Loan Agreement.

  • The Credit Documentation will contain amendment and waiver provisions that are that are substantially identical to those contained in the Existing WC Term Loan Credit and Guaranty Agreement.

  • Xxxxxxx Title: Senior Vice President Signature Page to WC Term Loan Amendment Agreement XXXXX FARGO BANK, NATION ASSOCIATION, as Consenting Lender By /s/ Xxxx Xxxxx Name: Xxxx Xxxxx Title: Director TD Bank, N.A., as Consenting Lender By /s/ Xxxxxxx Xxxxxxx Name: Xxxxxxx Xxxxxxx Title: Senior Vice President Signature Page to WC Term Loan Amendment Agreement DNB CAPITAL LLC, as Consenting Lender By /s/ Xxxxxxx Xx Name: Xxxxxxx Xx Title: First Vice President By /s/ Xxxxx X.

  • Pursuant to the Existing WC Term Loan Agreement, on October 1, 2013 (the “WC Closing Date”), the lenders party thereto provided term loans in a total aggregate principal amount of $2.0 billion, comprised of (i) a $1.0 billion tranche that will mature on October 1, 2016 (the “WC Three Year Tranche”) and (ii) a $1.0 billion tranche that will mature on October 1, 2018 (the “WC Five Year Tranche”).

Related to WC Term Loan

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

  • 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.

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

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

  • Tranche B Term Loan as defined in Section 2.1.

  • Tranche C Term Loan as defined in Section 2.1.

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

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

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

  • 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.

  • Tranche A Term Loan as defined in Section 2.1.

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

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

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

  • New Term Loans as defined in Section 2.24.

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

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

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

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

  • 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(b) as such Lender’s Initial Term Loan Commitment. The aggregate amount of the Initial Term Loan Commitments as of the Closing Date is $820,000,000.

  • Delayed Draw Term Loan has the meaning specified in Section 2.01(b).

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

  • Refinancing Term Loan has the meaning specified in Section 2.15(b).

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

  • Eurocurrency 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.