Term Loan Principal Debt definition

Term Loan Principal Debt means, on any date of determination, the aggregate unpaid principal balance of all Loans under the Term Loan Facility.
Term Loan Principal Debt means, when determined, the aggregate outstanding principal balance of the Term Notes (including any accrued and unpaid interest added pursuant to Section 3.5).
Term Loan Principal Debt means, when determined, the aggregate outstanding principal amount of the Loans.

Examples of Term Loan Principal Debt in a sentence

  • If all or a portion of the Term Loan Principal Debt is paid or prepaid, then the amount so paid or prepaid may not be reborrowed.

  • Any voluntary prepayment of the Principal Debt shall be applied to the Revolver Principal Debt and the Term Loan Principal Debt at the Borrower's discretion; provided, that upon any Default or Event of Default, any such prepayment shall be allocated pro rata to each Revolver Lender and each Term Loan Lender in accordance with its Percentage Share of the Principal Debt.

  • Any mandatory prepayment of the Principal Debt under CLAUSE (b)(ii) above shall be applied first against the Term Loan Principal Debt, and the balance, if any, shall be applied against the Revolver Principal Debt.

  • Each such prepayment shall be applied to the Loans of the Lenders in accordance with their respective Pro Rata Shares as directed by the Borrower or if no such direction is given, first, to repayment of the Term Loan Principal Debt, until paid in full, and then to repayment of the Revolver Principal Debt.

  • If all or any portion of the Term Loan Principal Debt is paid or prepaid, then the amount so repaid may not be reborrowed.


More Definitions of Term Loan Principal Debt

Term Loan Principal Debt means the principal amount of indebtedness for borrowed money incurred under the Term Loan Documents.
Term Loan Principal Debt means, on any date of determination, the aggregate unpaid principal balance of all Loans under the Term Loan Facility. THRESHOLD AMOUNT at any time means an amount equal to 5% of the MLP's consolidated assets measured as of the close of the then most recent fiscal quarter end.
Term Loan Principal Debt means, on any date of determination, the aggregate unpaid principal balance of the sum of all Borrowings under the Term Loan Facility.
Term Loan Principal Debt. Required Lenders," "Termination Date,""Revolving Credit Termination Date," "Term Loan Maturity Date," "Total Commitment Usage" or "Total Commitment"; (iv) increase or decrease any one or
Term Loan Principal Debt means, on any date of determination after the Continuation Date, the aggregate unpaid principal balance of all Borrowings as of such date.
Term Loan Principal Debt means, on any date of determination, the aggregate unpaid principal balance of all Borrowings under the Term Loan Facility. TERMINALS HOLDING LLC means Willxxxx Xxxminals Holding LLC, a Delaware limited liability company to be merged into Terminals L.P. on or prior to the MLP Offering Closing. TERMINALS L.P. means Willxxxx Xxxminals Holding L.P., a Delaware limited partnership, a wholly-owned Subsidiary of TWC, which will become a Subsidiary of Borrower on or prior to the MLP Offering Closing.
Term Loan Principal Debt means, on any date of determination, the sum of the Term Loan A Principal Debt, the Term Loan B Principal Debt, and the Term Loan C Principal Debt.