Senior Term Loans definition

Senior Term Loans means the term loans outstanding under the Senior Term Loan Credit Agreement.
Senior Term Loans means Senior Cash Pay Term Loans and/or Senior PIK Term Loans, as the context requires.
Senior Term Loans loans made pursuant to the Senior Term Credit Agreement.

Examples of Senior Term Loans in a sentence

  • Purchaser further reserves the right to increase the cash portion of the Purchase Price (which increased portion may be used to satisfy the Senior Term Loans in all or part).

  • Interest-bearing loans and other liabilities (continued) Senior Term Loans & PIK notes On 3 July 2019, the Group issued the following debt:  €634m EUR Senior Secured Term Loan B, maturing in 2026, with a variable margin of EURIBOR + 475 bps.

  • The 2012 Senior Term Loans under the 2012 Senior Credit Agreement bear interest at a variable rate per annum, based upon Reader’s Digest’s election of a prime rate or LIBOR (subject to a floor of 4.0% and 3.0%, respectively) plus 5.0% in the case of prime rate borrowings and 6.0% in the case of LIBOR borrowings.

  • Table A2.2. Senior Term Loans Extended to International Bank of Azerbaijan by International Finance Institutions ItemIFI = International finance institution.Source: International Bank of Azerbaijan audited financial reports.

  • The New Revolver shall be in the form of a new revolving line of credit secured by the same assets and supported by the same guaranties as the Senior Term Loans but senior in payment priority to the Senior Term Loans as provided in the Restructured Credit Facility Agreement.


More Definitions of Senior Term Loans

Senior Term Loans means the Senior Term C Loans and the Senior Term D Loans.
Senior Term Loans means the "Term Loans" as such term is defined in the Senior Credit Agreement.
Senior Term Loans shall have the meaning assigned to such term in Section 2.1(b) hereof.
Senior Term Loans as defined in the Recitals, and as the same may be amended, supplemented, waived or otherwise modified from time to time in accordance with subsection 8.6 to the extent applicable, or refinanced, extended or replaced from time to time.
Senior Term Loans appearing in Section 1.1 of the Loan Agreement is deleted in its entirety.
Senior Term Loans shall have the meaning provided in Section 2.14(a) hereof.
Senior Term Loans means the senior secured term loans of the Parent in the aggregate principal amount of $1,070,000,000 made under the Senior Term Loan Credit Agreement, as the same may be amended, supplemented, waived or otherwise modified from time to time in accordance with the provisions of this Agreement and any Permitted Refinancings thereof.