Term Loan Series definition

Term Loan Series has the meaning assigned to such term in Section 2.01(a).
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Term Loan Series has the meaning assigned to such term in Section 2.01(b). "Term Loan Series 2018-1" has the meaning assigned to such term in Section 2.01(b). "Term SOFR Reference Rate" for any day and time, with respect to any Term SOFR Borrowing for any Interest Period, the rate per annum determined by the Initial Lender as the forward‐looking term rate based on SOFR.
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Examples of Term Loan Series in a sentence

  • Each Advance to be made hereunder shall be made among the Lenders of such Term Loan Series in accordance with their Pro Rata Share.

  • The introduction of a term (1 + a) multiplying x˙ predictedin F hydro, where a = 0.55 approximately1122 (1992); A.

  • In connection with an Extension, the Scheduled Maturity Date for the applicable Term Loan Series shall be automatically extended as provided above and in conformance with Section 11.01(b).

  • To the extent amounts held in the Collection Account and paid in accordance with Section 2.05 are insufficient to pay the Collateral Custodian Termination Expenses, the Borrower (and to the extent the Borrower fails to so pay, the Lenders ratably across all Term Loan Series then outstanding) agree to pay the Collateral Custodian Termination Expenses within 10 Business Days of receipt of an invoice therefor.

  • For the avoidance of doubt, any inaccurate representation that a Loan Asset is an Eligible Loan Asset hereunder shall not constitute an Event of Default if the aggregate Advances Outstanding under such Term Loan Series related to such Loan Asset do not exceed the Maximum Availability for such Term Loan Series assuming such Loan Asset was not included as an Eligible Loan Asset in the calculation of the Borrowing Base for such Term Loan Series.

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  • Each Term Loan Series will have the name assigned thereto in the executed Term Loan Series Confirmation for such Term Loan Series, bear interest at the Applicable Spread specified therein and have such other terms and conditions as are specified therein, as amended or otherwise modified from time to time with only the consent of the Borrower and the Lenders.

  • If requested by a Lender, the Borrower shall deliver a duly executed Term Loan Note (the “Term Loan Note”), in substantially the form of Exhibit F, for each Term Loan Series requested by such Lender.

  • Once notified, the related Advance shall be subject to the requirements of Section 2.14(a) unless the Lenders have either consented to such Potential Repayment Event or agreed with the Borrower on terms relating to the applicable Loan Asset such that the applicable Loan Asset will remain in the applicable Borrowing Base, which such terms shall be reflected as an amendment to the executed Term Loan Series Confirmation relating to the Term Loan Series that such Loan Asset relates.

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Related to Term Loan Series

  • Term Loan Extension Series has the meaning set forth in Section 2.16(a).

  • Refinancing Series means all Refinancing Term Loans or Refinancing Term Commitments that are established pursuant to the same Refinancing Amendment (or any subsequent Refinancing Amendment to the extent such Refinancing Amendment expressly provides that the Refinancing Term Loans or Refinancing Term Commitments provided for therein are intended to be a part of any previously established Refinancing Series) and that provide for the same Effective Yield and amortization schedule.

  • Revolver Extension Series has the meaning set forth in Section 2.16(b).

  • Incremental Loan Request has the meaning set forth in Section 2.14(a).

  • Extension Series means all Extended Term Loans and Extended Revolving Credit Commitments that are established pursuant to the same Extension Amendment (or any subsequent Extension Amendment to the extent such Extension Amendment expressly provides that the Extended Term Loans or Extended Revolving Credit Commitments, as applicable, provided for therein are intended to be a part of any previously established Extension Series) and that provide for the same interest margins, extension fees, and amortization schedule.

  • Incremental Loans has the meaning assigned to such term in Section 2.22(a).

  • Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).

  • Incremental Loan has the meaning set forth in Section 2.14(b).

  • Term Loan Increase has the meaning set forth in Section 2.14(a).

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • Incremental Term Loan Facility has the meaning set forth in Section 2.16(a).

  • Term Loan B has the meaning set forth in Section 2.2(b).

  • Term Loan Notes means the promissory notes of the Borrower (if any) in favor of any of the Term Loan Lenders evidencing the portion of the Term Loan provided by any such Term Loan Lender pursuant to Section 2.2(a), individually or collectively, as appropriate, as such promissory notes may be amended, modified, extended, restated, replaced, or supplemented from time to time.

  • Term Loan Facilities means the Term Loan A Facility and the Term Loan B Facility.

  • Term Facility means, at any time, (a) on or prior to the Closing Date, the aggregate amount of the Term Commitments at such time and (b) thereafter, the aggregate principal amount of the Term Loans of all Term Lenders outstanding at such time.

  • Tranche the collective reference to Eurodollar Loans the then current Interest Periods with respect to all of which begin on the same date and end on the same later date (whether or not such Loans shall originally have been made on the same day).

  • Term Loan Exposure means, with respect to any Lender, as of any date of determination, the outstanding principal amount of the Term Loans of such Lender; provided, at any time prior to the making of the Term Loans, the Term Loan Exposure of any Lender shall be equal to such Lender’s Term Loan Commitment.

  • Term Loan Percentage means, with respect to any Term Loan Lender at any time, the percentage of the total outstanding principal balance of the Term Loans represented by the outstanding principal balance of such Term Loan Lender’s Term Loans.

  • Incremental Term Loan Borrowing Date means, with respect to each Class of Incremental Term Loans, each date on which Incremental Term Loans of such Class are incurred pursuant to Section 2.01(b) and as otherwise specified in any amendment providing for Incremental Term Loans in accordance with Section 2.22.

  • Term A Loan Commitment means, as to each Lender, its obligation to make its portion of the Term A Loan to the Borrower pursuant to Section 2.01(c), in the principal amount set forth opposite such Lender’s name on Schedule 2.01. The aggregate principal amount of the Term A Loan Commitments of all of the Lenders as in effect on the Closing Date is $675,000,000.

  • Term Loan Commitment Percentage means, for any Lender, the percentage identified as its Term Loan Commitment Percentage on Schedule 2.1(a), as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 9.6.

  • Term Loans means, collectively, the Tranche A Term Loans and the Tranche B Term Loans.

  • Term Loan Rate means an interest rate per annum equal to (a) the sum of the Alternate Base Rate plus the Applicable Margin with respect to Domestic Rate Loans and (b) the sum of the Eurodollar Rate plus the Applicable Margin with respect to Eurodollar Rate Loans.

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.

  • Incremental Term Loan Commitments has the meaning set forth in Section 2.24.