Existing Term definition

Existing Term means the Term which is current, at the Effective Date, in respect of the outstanding Loan under the Term Loan G Facility.

Existing Term has the meaning set forth in Section 2.1.

Existing Term. Loans is defined in the second recital.

Examples of Existing Term in a sentence

• Existing Term Plan Services, as of November 1, 2022, will continue to be provided under the then-current terms, for the remainder of the applicable term.(N)(N)ACCESS SERVICE39.

• Existing Term Plan Services, as of November 1, 2022, will continue to be provided under the then-current terms, for the remainder of the applicable term.

• Existing Term Plan Services on January 17, 2024, will continue to be provided for the remainder of the then-current terms.

• The “Continuing Term Loan Commitment” of any Continuing Term Lender will be the amount of its Existing Term Loans as set forth in the Register immediately prior to giving effect to the Effective Date (or such lesser amount as allocated to it by the Administrative Agent and notified to it on or prior to the Effective Date), which shall be continued as an equal amount of Continued Term Loans (it being understood that no cash will be advanced as part of any continuation of Continued Term Loans).

• The Continuing Term Lenders, constituting Required Lenders immediately prior to the Effective Date, hereby agree to waive the breakage costs provisions of Section 2.16 of the Credit Agreement in connection with the prepayment or replacement of Existing Term Loans contemplated hereby.

More Definitions of Existing Term

Existing Term for NonStop Software under a term license means any available term elected by Customer for (i) the first item of NonStop Software licensed to a Designated System on a term basis, or (ii) any renewal term thereafter. DIR Contract No. DIR-TSO-2538 is for an initial one year term and three (3) one (1) year renewal options which may be exercised by Vendor’s issuance of thirty (30) days advanced written notice and Customer's concurrence prior to the then-effective expiration date (each a “Renewal Term”).

Existing Term means the Term which is current, on 31 August 2012, in respect of the outstanding Loan under the Term Loan R Facility.

Existing Term for NonStop Software under a term license means any available term elected by Customer for (i) the first item of NonStop Software licensed to a Designated System on a term basis, or (ii) any renewal term thereafter. Renewal options shall be exercised by Vendor’s issuance of thirty (30) days advanced written notice and Customer's written concurrence/acceptance prior to the then-effective expiration date (each a “Renewal Term”).

Existing Term. LOAN -- the term loan in the original principal amount of $1,000,000.00 made by Lender to Borrower, among others, pursuant to the Existing Loan Agreement.

Existing Term means the Term which is current, at the Effective Date, in respect of the outstanding Loans under each of the Term Loan A Facility, Term Loan B1 Facility, Term Loan B2A Facility, Term Loan B2B Facility, Term Loan D Facility, Term Loan E1 Facility, Term Loan E2 Facility and the Term Loan F Facility.

Existing Term means that portion of the Term occurring prior to December 1, 2018. The last day of the Existing Term is also the day before the first (1st) day of the Extended Term.

Existing Term has the meaning set forth in Section 13.1(a).