Committed Loans definition

Committed Loans means loans made pursuant to Section 2.1(a).

Committed Loans means Committed Revolving Loans and the Term Loans.

Committed Loans means the loans provided for by Section 2.1 including a Committed Loan converted to a Term Loan pursuant to Section 2.8(g). Unless the context otherwise requires, the term “Committed Loans” shall also include Loans made by Additional Banks pursuant to Section 2.8.

Examples of Committed Loans in a sentence

• Each such notice shall specify (x) the date and amount of such prepayment, (y) the Type(s) of Loans to be prepaid and, (z) if Term SOFR Committed Loans are to be prepaid, the Interest Period(s) of such Term SOFR Committed Loans.

• Each Borrowing of, conversion to or continuation of Term SOFR Committed Loans shall be in a minimum principal amount of $5,000,000.

• Any automatic conversion of Revolving Credit Loans or Term Loans to Daily SOFR Loans shall be effective as of the last day of the Interest Period then in effect with respect to the applicable Term SOFR Committed Loans.

• If the Borrower requests a Borrowing of, conversion to, or continuation of Term SOFR Committed Loans in any such Committed Loan Notice, but fails to specify an Interest Period, it will be deemed to have specified an Interest Period of one month.

• Each Borrowing Request Notice shall specify (i) the Borrower requesting such Borrowing and (ii) the requested date of the Borrowing (which shall be a Business Day) and the principal amount of Committed Loans to be borrowed.

More Definitions of Committed Loans

Committed Loans has the meaning specified in Section 2.01.

Committed Loans means, collectively, the U.S. Committed Loans, the Euro Committed Loans and each Supplemental Committed Loan; and “Committed Loan” means any one of the Committed Loans.

Committed Loans means Revolving Loans and Swing Loans.

Committed Loans means a Committed (USD) Loan or a Committed (MC) Loan.

Committed Loans means the loans provided for in Section 2.1 hereof.

Committed Loans means, collectively, all Term Loan A-1s and all Term Loan A-2s.

Committed Loans means, collectively, the U.S. Committed Loans and the Canadian Committed Loans.