Examples of A Term Loan in a sentence
A Term Loan will provide you with more structured longer term finance over an agreed term, normally up to 10 years, though this will depend on the life span of the asset being financed.
A Term Loan is a way to finance items of capital expenditure that your business may need.
This includes all holders of common shares other than those shareholders who also hold any position in the Term Loan A, Term Loan B, Senior Secured Notes or Senior Unsecured Notes.
On January 21, 2004, we refinanced the WWI Credit Facility as follows: the Term Loan A, Term Loan B and the TLC in the aggregate amount of$454.2 million were repaid and replaced with a new Term Loan B in the amount of $150.0 million and borrowings under the Revolver of $310.0 million.
Each Lender’s Tranche A Term Loan Commitment shall terminate immediately and without further action on the Closing Date after giving effect to the funding of such Lender’s Tranche A Term Loan Commitment on such date.