Acquisition Term Loans definition
Examples of Acquisition Term Loans in a sentence
Indemnitees from and against any and all Indemnifiable Losses of such Persons to the extent relating to, arising out of or resulting from payments made to satisfy any guarantee by a member of the Newmark Group to a third Person in respect of borrowings under the Revolving Credit Agreement other than the Acquisition Term Loans.
Indemnitees from and against any and all Indemnifiable Losses of such Persons to the extent relating to, arising out of or resulting from payments made to satisfy any guarantee by a member of the BGC Partners Group to a third Person in respect of the Term Loan Credit Agreement or the Acquisition Term Loans under the Revolving Credit Agreement.
Notwithstanding anything in Sections 4.3.3, 4.3.7 and 4.3.8 to the contrary, until the Payment in Full (as defined in the Acquisition Term Loan Agreement), no mandatory prepayment under Sections 4.3.3, 4.3.7 and 4.3.8 shall be required to be made, except with respect to any portion (if any) of any proceeds that are declined by the holders of the Acquisition Term Loans in accordance with the terms thereof.
Each prepayment of Acquisition Term Loans, if any, pursuant to Section 2.03(b)(iv) shall be applied to the principal repayment installments of the Acquisition Term Facility on a pro-rata basis; provided that upon notice from the Borrower to the Administrative Agent concurrently with any prepayment of Acquisition Term Loans pursuant to Section 2.03(b)(iv), any prepayment of Acquisition Term Loans shall first be applied to up to the next four quarterly installments of the Acquisition Term Facility.
Acquisition Term Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.