Second Lien Term Loans definition

Second Lien Term Loans means the “Term Loans” under and as defined in the Second Lien Credit Agreement.
Second Lien Term Loans has the meaning assigned to the term “Loans” in the Second Lien Credit Agreement.

Examples of Second Lien Term Loans in a sentence

  • Second Lien Term Loan Lenders The lenders party to the Second Lien Credit Agreement from time to time that hold Second Lien Term Loans.

  • The Lenders acknowledge that the Second Lien Term Loans and related obligations are secured by the Collateral (other than the Collateral securing only the German Term Loans), subject to the Intercreditor Agreement.

  • To request the initial Borrowing of Second Lien Term Loans, the Borrower shall notify the Administrative Agent of such request by telephone (i) in the case of a Eurodollar Borrowing, not later than 2:00 p.m., New York City time, two (2) Business Days before the date of the proposed Borrowing and (ii) in the case of an ABR Borrowing, not later than 10:00 a.m., New York City time, on the date of the proposed Borrowing.

  • Any partial prepayments of the Second Lien Term Loans pursuant to this Section 2.11 shall be applied at the direction of the Borrower.

  • Once repaid or prepaid, the Second Lien Term Loans may not be reborrowed.


More Definitions of Second Lien Term Loans

Second Lien Term Loans means the term loans borrowed by the Borrower under the Second Lien Credit Agreement.
Second Lien Term Loans the “Initial Term Loans” referred to in the Second Lien Credit Agreement.
Second Lien Term Loans means those certain second lien term loans incurred under the Second Lien Credit Agreement.
Second Lien Term Loans means the “Second Lien Term Loans” as defined in the Second Lien Incremental Assumption Agreement.
Second Lien Term Loans means the secured loans issued pursuant to the Second Lien Credit Agreement in the aggregate principal amount of $70.0 million.
Second Lien Term Loans means the term loans made in an aggregate principal amount of up to $150,000,000 on the Effective Date under the Second Lien Loan Agreement. “Section 5.04(b)(ii) Certificate” shall have the meaning provided in Section 5.04(b)(ii).
Second Lien Term Loans shall have the meaning given such term in the recitals to this Agreement.