New Term Loan Exposure means, with respect to any Lender, as of any date of determination, the outstanding principal amount of the New Term Loans of such Lender.
New Term Loan Exposure means, with respect to any Lender as of any date of determination (i) prior to the funding of the New Term Loans that Lender's New Term Loan Commitment, if any, and (ii) after the funding of the New Term Loans, the outstanding principal amount of the New Term Loan of that Lender.
New Term Loan Exposure as to any Lender, the amount of any unpaid New Term Loan deemed made by the Parent Borrower pursuant to Section 3.2(c).
Examples of New Term Loan Exposure in a sentence
For all other purposes with respect to each Lender, “Pro Rata Share” means the percentage obtained by dividing (A) an amount equal to the sum of the Term Loan Exposure and, the New Term Loan Exposure and the Incremental Revolving Exposure of that Lender, by (B) an amount equal to the sum of the aggregate Term Loan Exposure and, the aggregate New Term Loan Exposure and the aggregate Incremental Revolving Exposure of all Lenders.
More Definitions of New Term Loan Exposure
New Term Loan Exposure means, with respect to any Lender as of any date of determination, the outstanding principal amount of the New Term Loans of such Lender.
New Term Loan Exposure means, with respect to any Lender, as of any date of determination, the outstanding principal amount of the New Term Loans of such Lender. CREDIT AND GUARANTY AGREEMENT 434546.21-New York Server 3A - MSW
New Term Loan Exposure means, with respect to any Lender, as of any date of determination, the outstanding principal amount of the New Term Loans of such Lender. “New Term Loan Lender” as defined in Section 2.25. “New Term Loan Maturity Date” means the date on which New Term Loans of a Series shall become due and payable in full hereunder, as specified in the applicable Joinder Agreement, including by acceleration or otherwise. “New Term Loans” as defined in Section 2.25. “Non-Consenting Lender” as defined in Section 2.23. “Non-Public Information” means information which has not been disseminated in a manner making it available to investors generally, within the meaning of Regulation FD. “Not Otherwise Applied” means, with reference to any amount of any transaction or event, that such amount (i) was not required to be applied to prepay the Loans pursuant to Section 2.14, and (ii) was not previously applied in determining the permissibility of a transaction under the Credit Documents where such permissibility was (or may have been) contingent on the receipt or availability of such amount. “Note” means a Tranche A Term Loan Note, a Tranche B Term Loan Note, a Revolving Loan Note or a Swing Line Note. “Notice” means a Funding Notice, an Issuance Notice, or a Conversion/Continuation Notice. “Obligation Currency” as defined in Section 10.24(a). “Obligations” means all obligations of every nature of each Credit Party (and, with respect to any obligations in respect of Hedge Agreements and Cash Management Agreements, any Subsidiary of a Credit Party) owing to any Secured Party (including former Agents) (but limited, in the case of obligations in respect of Hedge - 37 -
New Term Loan Exposure means the New B-1 Loan Exposure and the New B-2 Loan Exposure.
New Term Loan Exposure in Section 1.1 of the Credit Agreement is amended and restated as follows:
New Term Loan Exposure means, with respect to any Lender as of any date of determination (i) prior to the funding of the New Term Loans of any Series that Lender's New Term Loan Commitment in respect of such Series, if any, and (ii) after the funding of the New Term Loans of any Series, the outstanding principal amount of the New Term Loan of such Series of that Lender.
New Term Loan Exposure means, with respect to any Lender, as of any date of determination, the outstanding principal amount of the New Term Loan Commitment or, after the funding thereof, the New Term Loans of such Lender. “New Term Loan Lender” has the meaning specified in Section 2.20(a). “New Term Loan Maturity Date” means the date on which New Term Loans of a Series shall become due and payable in full hereunder, as specified in the applicable Joinder Agreement, including by acceleration or otherwise. “New Term Loans” has the meaning specified in Section 2.20(b). “NewRez” means NewRez LLC, a Delaware limited liability company. “Non-Recourse Indebtedness” means any Indebtedness of Parent or any of its Subsidiaries: (1) that is advanced to finance the acquisition (including from Parent or a Subsidiary of Parent) of Securitization Assets or other assets and secured only by the assets to which such Indebtedness relates (or by a pledge of equity in the Securitization Entity or Subsidiary of Parent owning such assets) without recourse to Parent or any of its Subsidiaries (excluding any such Subsidiary that is a Securitization Entity or that owns no assets other than its interest in a Securitization Entity and, in each case, is a borrower, guarantor, pledgor or other obligor of such Indebtedness) (other than recourse pursuant to Standard Recourse Undertakings, unless, until and for so long as a claim for payment has been made under any such Standard Recourse Undertakings (which has not been satisfied or waived) at which time the obligations with respect to any such Standard Recourse Undertakings shall not be considered Non-Recourse Indebtedness to the extent, and only to the extent, that such claim is a claim for the payment of Indebtedness for borrowed money of Parent or any Subsidiary of Parent and is also a liability (for GAAP purposes) of Parent or such Subsidiary, as applicable (excluding any such Subsidiary that is a Securitization Entity or that owns no assets other than its interest in a Securitization Entity and, in each case, is a borrower, guarantor, pledgor or other obligor of such Indebtedness)); (2) that is advanced to any Subsidiaries or group of Subsidiaries of Parent formed for the sole purpose of acquiring or holding Securitization Assets or other assets (directly or indirectly) against which a loan is obtained or other Indebtedness is issued without recourse to, and with no cross-collateralization against, any other assets of Parent or any of its Subsidiaries (exc...