Repriced Term Loans definition

Repriced Term Loans as defined in Section 10.1(b)(ii).

Repriced Term Loans provided that the Repriced Term Loans shall otherwise meet the Applicable Requirements;

Repriced Term Loans is defined in the second recital hereto.

Examples of Repriced Term Loans in a sentence

• The obligation of each Repriced Term Lender to make or acquire by continuation Third Repriced Term Loans on the Third Amendment Effective Date is subject to the satisfaction of the conditions set forth in Section 5 of this Amendment.

• The Lenders having Existing Term Loans that are prepaid in connection with the making of the Third Repriced Term Loans shall be entitled to the benefits of Section 3.05 of the Credit Agreement with respect thereto.

• The Third Repriced Term Loans may from time to time be Base Rate Loans or Eurocurrency Rate Loans, as determined by the Borrower and notified to the Administrative Agent as contemplated by Section 2.02 of the Credit Agreement.

• The continuation of Continued Term Loans may be implemented pursuant to other procedures specified by the Administrative Agent, including by repayment of Continued Term Loans of a Continuing Term Lender followed by a subsequent assignment to it of Third Repriced Term Loans in the same amount.

• On and after the Third Amendment Effective Date, each reference in the Credit Agreement to “Initial Term Loans” shall be deemed a reference to the Third Repriced Term Loans contemplated hereby, except as the context may otherwise require.

• The obligation of each Repriced Term Lender to make or acquire by continuation Repriced Term Loans on the First Amendment Effective Date is subject to the satisfaction of the conditions set forth in Section 5 of this Amendment.

• The Lenders having Existing Term Loans that are prepaid in connection with the making of the Repriced Term Loans shall be entitled to the benefits of Section 3.05 of the Credit Agreement with respect thereto.

• The continuation of Continued Term Loans may be implemented pursuant to other procedures specified by the Administrative Agent, including by repayment of Continued Term Loans of a Continuing Term Lender followed by a subsequent assignment to it of Repriced Term Loans in the same amount.

• On and after the First Amendment Effective Date, each reference in the Credit Agreement to “Initial Term Loans” shall be deemed a reference to the Repriced Term Loans contemplated hereby, except as the context may otherwise require.

• The Repriced Term Loans may from time to time be Base Rate Loans or Eurocurrency Rate Loans, as determined by the Borrower and notified to the Administrative Agent as contemplated by Section 2.02 of the Credit Agreement.

More Definitions of Repriced Term Loans

Repriced Term Loans has the meaning assigned to the term “Repriced Term Loans” in Section 1.1 of the Amendment.

Repriced Term Loans has the meaning assigned to such term in the First Amendment.

Repriced Term Loans has the meaning assigned to such term in the Fourth Amendment. (b) The definition of “Adjusted Daily Simple SOFR” set forth in Section 1.01 of the Credit Agreement is hereby amended and restated in its entirety as follows: “Adjusted Daily Simple SOFR” means an interest rate per annum equal to (a) the Daily Simple SOFR, plus (b) with respect to Revolving Loans, 0.10%; provided that if the Adjusted Daily Simple SOFR Rate as so determined would be less than the Floor, such rate shall be deemed to be equal to the Floor for the purposes of this Agreement. (c) Clause (a) of the definition of “Applicable Rate” set forth in Section 1.01 of the Credit Agreement is hereby amended and restated in its entirety as follows:

Repriced Term Loans in Section 1.1 of the Amendment.