First Amendment Term Loans definition

First Amendment Term Loans has the meaning specified in the First Amendment.
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First Amendment Term Loans means the term loans originally made to the Borrowers on the First Amendment Effective Date in an initial aggregate amount of $123,300,000.
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First Amendment Term Loans has the meaning assigned to such term in the First Amendment. For the avoidance of doubt, the First Amendment Term Loans shall constitute Incremental Term Loans.
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Examples of First Amendment Term Loans in a sentence

  • The Administrative Agent and the Required Lenders hereby consent to increase the amount of Incremental Term Loans that the Loan Parties may use for general corporate purposes and working capital from the first $60,000,000 of Incremental Term Loans to the first $100,000,000 of Incremental Term Loans (including the First Amendment Term Loans, the Second Amendment Term Loans and the Fourth Amendment Term Loans).

  • The proceeds of any Incremental Term Loan shall be used to finance Permitted Acquisitions; provided that, for the first $100,000,000 of Incremental Term Loans (including the First Amendment Term Loans, the Second Amendment Term Loans and the Fourth Amendment Term Loans) funded pursuant to Section 2.27 after the Closing Date, such Incremental Term Loans may also be used for general corporate purposes and working capital.

  • Subject to the terms and conditions hereof, each Lender with a First Amendment Term Loan Commitment severally agrees to make the First Amendment Term Loan on the First Amendment Effective Date in an amount equal to such Xxxxxx’s First Amendment Term Loan Commitment, such that after giving effect to the First Amendment Term Loans, the aggregate outstanding principal balance of the Term Loans (inclusive of the Term Loans funded on the Closing Date) shall be $120,000,000.00.

  • For purposes of the First Amendment Term Loans and this Agreement, the Borrowers hereby appoint (i) BofA Securities, Inc., (ii) Barclays Bank PLC, (iii) Citigroup Global Markets Inc., Citibank, N.A., Citicorp USA, Inc., Citicorp North America, Inc.


More Definitions of First Amendment Term Loans

First Amendment Term Loans has the meaning assigned to such term in the First Amendment. For the avoidance of doubt, the First Amendment Term Loans shall constitute Incremental Term Loans. “First Amendment Transactions” has the meaning assigned to such term in the First Amendment. “Flood Insurance Laws” means, collectively, (i) the National Flood Insurance Act of 1968 as now or hereafter in effect or any successor statute thereto, (ii) the Flood Disaster Protection Act of 1973 as now or hereafter in effect or any successor statue thereto, (iii) the National Flood Insurance Reform Act of 1994 as now or hereafter in effect or any successor statute thereto, and (iv) the Flood Insurance Reform Act of 2004 as now or hereafter in effect or any successor statute thereto. “Foreign Lender” means any Lender which is not a United States person as defined in Section 7701(a)(30) of the Code. “Foreign Subsidiary” means any direct or indirect Restricted Subsidiary of the Lead Borrower or any Guarantor which is not a Domestic Subsidiary. “Fourth Amendment” means the Fourth Amendment to Credit Agreement dated as of August 8, 2022, among Lead Borrower, Parent, the other Guarantors party thereto, the financial institutions party thereto as Lenders and the Administrative Agent. “Fourth Amendment Effective Date” has the meaning assigned to such term in the Fourth
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First Amendment Term Loans means the First Amendment Term B-1 Loans and First Amendment Term B-2 Loans, as applicable.
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First Amendment Term Loans means the “Additional Term Loans” under and as defined in the First Amendment. For the avoidance of doubt, such First Amendment Term Loans shall be deemed to be the same Class of Term Loans as the Closing Date Term Loans.
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First Amendment Term Loans has the meaning assigned to such term in the First Amendment. For the avoidance of doubt, the First Amendment Term Loans shall constitute Incremental Term Loans. “First Amendment Transactions” has the meaning assigned to such term in the First Amendment. “Flood Insurance Laws” means, collectively, (i) the National Flood Insurance Act of 1968 as now or hereafter in effect or any successor statute thereto, (ii) the Flood Disaster Protection Act of 1973 as now or hereafter in effect or any successor statue thereto, (iii) the National Flood Insurance Reform Act of 1994 as now or hereafter in effect or any successor statute thereto, and (iv) the Flood Insurance Reform Act of 2004 as now or hereafter in effect or any successor statute thereto. “Floor” means 1.00% per annum. “Foreign Lender” means any Lender which is not a United States person as defined in Section 7701(a)(30) of the Code. “Foreign Subsidiary” means any direct or indirect Restricted Subsidiary of the Lead Borrower 43
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First Amendment Term Loans and, together with the Original Term Loans, the “Existing Term Loans”);
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Related to First Amendment Term Loans

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

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

  • Replacement Term Loans shall have the meaning provided in Section 13.1.

  • First Amendment means that certain First Amendment to Credit Agreement, dated as of September 19, 2016, among the Borrower, the Administrative Agent and the Lenders party thereto.

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

  • Sixth Amendment means that certain Sixth Amendment to Credit Agreement, dated as of February 20, 2018, among Holdings, the Borrower, the Administrative Agent and the Lenders and other Credit Parties party thereto.

  • Fourth Amendment Closing Date the date on which all the conditions precedent set forth in Section 3 of the Fourth Amendment shall be satisfied or waived.

  • Third Amendment means that certain Third Amendment to Loan and Security Agreement, dated as of the Third Amendment Effective Date, by and among the Borrower, Collateral Agent and Lender.

  • Eighth Amendment means the Eighth Amendment to Second Amended and Restated First Lien Credit Agreement dated as of May 23, 2014 among the Borrower, EPL, the Lenders, the Administrative Agent and the other Persons party thereto.

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

  • Fifth Amendment means that certain Fifth Amendment to Credit Agreement, dated as of August 12, 2016, between the Borrower, the Administrative Agent and the Lenders Party thereto.

  • Fourth Amendment means that certain Fourth Amendment to Credit Agreement, dated as of August 17, 2017, among Holdings, the Borrower, the Administrative Agent and the Lenders and other Credit Parties party thereto.

  • 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.