Term Loan Amount definition

Term Loan Amount means with respect to any Term Loan Lender, the amount equal to its Term Loan Percentage of the aggregate principal amount outstanding under the Term Loan.

Term Loan Amount means $15,000,000.

Term Loan Amount means $22,500,000.

Examples of Term Loan Amount in a sentence

• The terms of the Initial Increase shall be the same as the terms of the Term Loan Amount and shall be governed by the Loan Documents, except the Interest Rate (and/or the Default Rate) and the amount of the Original Issue Discount, if any, applicable to the Initial Increase shall be subject to negotiation and agreement between the Borrower and those Persons funding the Initial Increase.

• The aggregate outstanding Term Loan Advances shall not exceed the Maximum Term Loan Amount.

• Such additional interest represents an annual interest rate for the purposes of applicable Law on the Term Loan in an amount equal to the original issue discount divided by the number of days from the Closing Date, in the case of the Term Loan Amount, and from the applicable date of funding, in the case of the Initial Increase and the Additional Increase, to the Maturity Date, multiplied by 365 (“Original Issue Discount”).

• Notwithstanding the foregoing, all unpaid principal and interest on the Tranche 2 Term Loan Amount and all other Obligations relating to the Tranche 2 Term Loan shall be due on the Tranche 2 Term Loan Maturity Date.

• The aggregate outstanding Term Loan Advances may be up to the Maximum Term Loan Amount.

More Definitions of Term Loan Amount

Term Loan Amount means $10,000,000.

Term Loan Amount is an amount equal to Two Million Dollars ($2,000,000).

Term Loan Amount means $50,000,000.

Term Loan Amount means $20,000,000.

Term Loan Amount means $5,000,000.

Term Loan Amount is an amount equal to Ten Million Dollars ($10,000,000).

Term Loan Amount is an amount equal to Three Million Five Hundred Thousand Dollars ($3,500,000).