Additional Term Loan Borrowing definition

Additional Term Loan Borrowing means the Borrowing of an Additional Term Loan.
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Examples of Additional Term Loan Borrowing in a sentence

  • Additional Term Loan Borrowing Date"..........................................

  • Not less than 30 days, but no more than 60 days, prior to each proposed Additional Term Loan Borrowing Date, the Borrower shall deliver to the Administrative Agent a notice indicating that the Borrower desires to incur Additional Term Loans pursuant to Section 1.01(a)(B) and this Section 1.14, which notice shall specify the proposed Additional Term Loan Borrowing Date and the aggregate principal amount of Additional Term Loans that the Borrower desires to incur on such date.

  • The Administrative Agent (or its counsel) shall have received, at least four (4) Business Days prior to the Effective Date, a funding indemnity letter with respect to the Additional Term Loan Borrowing, in form and substance reasonably satisfactory to the Administrative Agent.

  • Each Additional Term Loan Borrowing shall be comprised of Eurodollar Loans and shall have an initial Interest Period as specified in the applicable Borrowing Request.

  • Notwithstanding anything herein to the contrary, the Lenders having outstanding B Term Loans or, to the extent provided in an Additional Term Loan Supplement, the related Additional Term Loans, may elect to forfeit any prepayment of a B Term Borrowing or the related Additional Term Loan Borrowing, as applicable (the “Forfeited Loans”) under this Section 2.7(b).

  • Any Business Day selected by the Borrower upon not less than three Business Days’ prior written notice to the Administrative Agent, provided that in no event shall the Additional Term Loan Borrowing Date occur later than September 5, 2003.

  • On the Closing Date in the case of the Initial Term Loans, and after the Closing Date but on or prior to the Additional Term Loan Borrowing Date, in the case of the Additional Term Loans, the borrowing by the Borrower from the Term Loan Lenders hereunder shall be made pro rata according to the respective Term Loan Percentages of the Term Loan Lenders.

  • Notwithstanding anything herein to the contrary, the Lenders having outstanding B Term Loans or, to the extent provided in an Additional Term Loan Supplement, the related Additional Term Loans, may elect to decline any mandatory prepayment of a B Term Borrowing or the related Additional Term Loan Borrowing, as applicable (the “Declined Loans”) under this Section 2.7(b) or Section 2.7(c).

  • Each Bank shall, before 11:00 A.M. (New York City time) on the date of the proposed Additional Term Loan Borrowing, make available for the account of its Lending Office to the Agent at its address referred to in Section 12.2 of the Credit Agreement, in immediately available funds, such Bank's Ratable Portion of such proposed Additional Term Loan Borrowing.

  • Requested date of Additional Term Loan Borrowing: _______________, 2008; must be prior to Additional Term Loan Maturity Date and if initial Additional Term Loan Borrowing cannot exceed $2,000,000.

Related to Additional Term Loan Borrowing

  • 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 Loan Borrowing means a borrowing consisting of simultaneous Term Loans of the same Type and, in the case of Eurocurrency Rate Loans, having the same Interest Period made by each of the Term Loan Lenders pursuant to Section 2.01(a).

  • Additional Term Loans means any term loan added pursuant to Section 2.22, 2.23 or 9.02(c)(i).

  • Revolving Loan Borrowing means a borrowing of a Revolving Loan.

  • Additional Term Loan Commitment means any term commitment added pursuant to Sections 2.22, 2.23 and/or 9.02(c)(i).

  • Incremental Term Borrowing means a Borrowing comprised of Incremental Term Loans.

  • Term SOFR Borrowing means a Borrowing comprised of Term SOFR Loans.

  • Additional Term Loan has the meaning specified in Section 2.01(c).

  • Initial Term Loan Lender means a Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • Eurodollar Term Loan means any Term Loan bearing interest at a rate determined by reference to the Adjusted LIBO Rate in accordance with the provisions of Article II.

  • Term A Borrowing means a borrowing consisting of simultaneous Term A Advances of the same Type made by the Term A Lenders.

  • Extended Term Loans has the meaning specified in Section 2.15(a).

  • ABR Term Loan means any Term Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.

  • Term B Borrowing means a borrowing consisting of simultaneous Term B Advances of the same Type made by the Term B Lenders.

  • Original Term Loans means the "Term Loans" under, and as defined in, the Original Credit Agreement.

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

  • Additional Term Lender means any Lender with an Additional Term Loan Commitment or an outstanding Additional Term Loan.

  • RFR Borrowing means, as to any Borrowing, the RFR Loans comprising such Borrowing.

  • Extended Term Loan shall have the meaning assigned to such term in Section 2.21(e).

  • Initial Term Loans means the term loans made by the Lenders on the Closing Date to the Borrower pursuant to Section 2.01(a).

  • Tranche B Term Loans means the Loans made by Lenders to Company pursuant to subsection 2.1A(ii).

  • SOFR Borrowing means, as to any Borrowing, the SOFR Loans comprising such Borrowing.

  • Incremental Term A Loans has the meaning specified in Section 2.14(a).

  • Initial Term Loan Commitment means the commitment of a Lender to make or otherwise fund an Initial Term Loan and “Initial Term Loan Commitments” means such commitments of all of the Lenders in the aggregate. The amount of each Lender’s Initial Term Loan Commitment, if any, is set forth on Appendix A-1 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Initial Term Loan Commitments as of the Closing Date is $200,000,000.

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Eurocurrency Revolving Facility Borrowing means a Borrowing comprised of Eurocurrency Revolving Loans.