Examples of Acquisition Term Loan in a sentence
Amounts represent future debt and interest obligations related to the Acquisition Term Loan, the 2027 Notes and the 2024 Notes as of December 31, 2020.
CIT intends to fund the Acquisition and A&A Works through a combination of debt via the Acquisition Term Loan Facility (“ATLF”) and cash from the MTN Issuance (see definition below).
Loblaw Unsecured Term Loan Facilities In connection with the financing of the acquisition of Shoppers Drug Mart, Loblaw obtained a $3,500 million Acquisition Term Loan.
Each prepayment of Loans pursuant to the foregoing provisions of Section 2.05(b)(i)-(iv) shall be applied, first, to the principal repayment installments of the Acquisition Term Loan in inverse order of maturity, second, to the principal repayment installments of the Term Loan in inverse order of maturity and, third, to the Revolving Facility in the manner set forth in clause (viii) of this Section 2.05(b).
The balance of the cost of the Acquisitions of approximately S$25.7 million will be financed by a partial draw‐down of S$21.0 million under an existing acquisition term loan facility (the “ Acquisition Term Loan Facility”) and existing cash of S$4.7 million.