Initial First Lien Term Loan definition

Initial First Lien Term Loan means the secured loans issued in 2017 pursuant to the First Lien Credit Agreement in the aggregate principal amount of $260 million.
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Initial First Lien Term Loan. Representative”) for the First Lien Term Loan Secured Parties (as defined below), ALTER DOMUS (US) LLC (“Alter Domus”), in its capacity as collateral agent under the Second Lien Term Loan Agreement (as defined below) (in such capacity, with its successors and assigns, and as more specifically defined below, the “Initial Second Lien Term Loan Representative”) for the Second Lien Term Loan Secured Parties (as defined below), JPMorgan, in its capacity as collateral agent under the BDK First Lien Term Loan Agreement (as defined below) (in such capacity, with its successors and assigns, and as more specifically defined below, the “BDK First Lien Term Loan Representative”) for the BDK First Lien Term Loan Secured Parties (as defined below), Alter Domus, in its capacity as collateral agent under the BDK Second Lien Term Loan Agreement (as defined below) (in such capacity, with its successors and assigns, and as more specifically defined below, the “BDK Second Lien Term Loan Representative”) for the BDK Second Lien Term Loan Secured Parties (as defined below), each additional First Lien Term Loan Representative and each additional Second Lien Term Loan Representative that from time to time becomes a party hereto, pursuant to the terms hereof, and acknowledged by each of the Loan Parties (as defined below) party hereto.
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Initial First Lien Term Loan has the meaning assigned to such term in the Recitals to this Agreement.
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Examples of Initial First Lien Term Loan in a sentence

  • The principal balance on our Initial First Lien Term Loan Facility was $480.8 million as of September 30, 2023, with no obligation to pay principal payments over the remaining term.

  • One of the polyelectrolytes that have been shown to improve the removal of a wide variety of water contaminants (i.e. suspended solids, colloids, and/or dissolved organic matter) is chitosan.

  • The principal balance on our Initial First Lien Term Loan Facility was $480.8 million as of March 26, 2022, with no obligation to pay principal payments over the remaining term.

  • AII used proceeds from the First Lien Term Loan Facility and approximately $155 million of available cash to (i) repay all outstanding loans under the Initial First Lien Term Loan Facility and the Second Lien Term Loan Facility and (ii) pay related fees and expenses, including accrued interest.

  • More specifically in a Western context any convergence of the continental European civil law and the Anglo-Saxon common law legal systems is of interest and there are signs that some convergence is taking place, albeit far from any true harmonization.

  • The Initial First Lien Term Loan bears an interest rate of LIBOR plus 3.50% and matures on June 28, 2020, while the Incremental First Lien Term Loan bears an interest rate of LIBOR plus 5.50% and matures on June 28, 2020.

  • Pursuant to the Term Loan Amendment, the Company borrowed an incremental principal amount of $25 million (the “Incremental First Lien Term Loan” and, together with the Initial First Lien Term Loan, the “First Lien Term Loan”) from Antares.

Related to Initial First Lien Term Loan

  • First Lien Term Loans means the “Term Loans” (or any comparable term) as defined in the First Lien Credit Agreement.

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

  • Initial Additional First Lien Obligations means the [Obligations] as such term is defined in the Initial Additional First-Lien Security Agreement.

  • Additional First Lien Obligations means, with respect to any Series of Additional First Lien Obligations, (a) all principal of, and interest (including, without limitation, any interest which accrues after the commencement of any Bankruptcy Case, whether or not allowed or allowable as a claim in any such proceeding) payable with respect to, such Additional First Lien Obligations, (b) all other amounts payable to the related Additional First Lien Secured Parties under the related Additional First Lien Documents and (c) any renewals of extensions of the foregoing.

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

  • Tranche B Term Loan as defined in Section 2.1.

  • Refinancing Term Lender has the meaning specified in Section 2.15(c).

  • New Term Loan Facility means the facility providing for the Borrowing of New Term Loans.

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

  • Refinancing Term Loan Commitments shall have the meaning provided in Section 2.14(h).

  • Refinancing Term Loans shall have the meaning assigned to such term in Section 2.21(j).

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

  • Closing Date 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 Closing Date Term Loan Commitment. The aggregate amount of the Closing Date Term Loan Commitments as of the Closing Date is $820,000,000.

  • Additional First Lien Documents means, with respect to any Series of Additional First Lien Obligations, the notes, credit agreements, indentures, security documents and other operative agreements evidencing or governing such Indebtedness, and each other agreement entered into for the purpose of securing any Series of Additional First Lien Obligations.

  • Refinancing Term Commitments means one or more term loan commitments hereunder that fund Refinancing Term Loans of the applicable Refinancing Series hereunder pursuant to a Refinancing Amendment.

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

  • Incremental Term Loan Facility has the meaning set forth in Section 2.16(a).

  • Additional First Lien Secured Parties means the holders of any Additional First Lien Obligations and any trustee, authorized representative or agent of such Additional First Lien Obligations.

  • Tranche C Term Loan as defined in Section 2.1.

  • First Lien Loan A Mortgage Loan secured by a first lien Mortgage on the related Mortgaged Property.

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

  • Term Loan Priority Collateral as defined in the Intercreditor Agreement.

  • ABL/Term Loan Intercreditor Agreement as defined in the recitals hereto.

  • Additional First Lien Secured Party means the holders of any Additional First-Lien Obligations and any Authorized Representative with respect thereto, and shall include the Initial Additional First-Lien Secured Parties.

  • Tranche A Term Loan as defined in Section 2.1.

  • Specified Refinancing Term Loans means Specified Refinancing Debt constituting term loans.