Additional Term Loan Supplement definition

Additional Term Loan Supplement means a supplement in substantially the form of Exhibit D.
Sample 1
Additional Term Loan Supplement a supplement, to be in form and substance reasonably satisfactory to, and to be executed and delivered by, the Borrower, the Administrative Agent and each Additional Term Loan Lender party thereto, which shall set forth (a) the name of each Additional Term Loan Lender providing an Additional Term Loan Commitment pursuant thereto and the amount of the Additional Term Loan Commitment of each such Additional Term Loan Lender, (b) the commitment period during which the Borrowing Date of the Additional Term Loans made pursuant thereto shall occur (such Borrowing Date to be in any event not later than 10 Business Days after the effectiveness of such Additional Term Loan Supplement), (c) the Applicable Margin for each Type of Additional Term Loan, (d) the amortization and final maturity of the Additional Term Loans made pursuant thereto (such provisions as to amortization and final maturity shall in any event specify that (i) the final maturity date of the Additional Term Loans made pursuant thereto shall be not earlier than the final maturity date of the Tranche B Term Loans, (ii) the amortization of the Additional Term Loans made pursuant thereto shall not exceed 1% of the principal amount thereof during each fiscal year prior to the final maturity date of the Additional Term Loans made pursuant thereto, with the remaining principal amount thereof being payable in full on such final maturity date and (iii) that each installment payable in respect of the Additional Term Loans made pursuant thereto while the Tranche B Term Loans are outstanding shall be payable on an installment payment date applicable to the Tranche B Term Loans) and (e) such other terms and conditions applicable to the Additional Term Loans made pursuant thereto (which terms and conditions shall not be inconsistent with other provisions of this Agreement) as the parties to such Additional Term Loan Supplement shall agree upon.
Sample 1
Additional Term Loan Supplement means a Additional Term Loan Supplement, duly executed by the Borrower and acknowledged by each other Loan Party, substantially in the form of Exhibit L.
Sample 1

Examples of Additional Term Loan Supplement in a sentence

  • If such an Additional Term Loan Supplement is in all respects reasonably satisfactory to the Administrative Agent, the Administrative Agent shall execute such Additional Term Loan Supplement and deliver a copy thereof to the Borrower and each such Lender or other Person, as the case may be.

  • Such Additional Term Loan Supplement must be delivered to the Agent not later than 12:00 noon (New York City time), on the date which is one (1) Business Day prior to the date of the proposed Additional Term Loan (or such shorter period as the Agent is willing to accommodate from time to time, but in no event later than 12:00 noon (New York City time) on the borrowing date of the proposed Additional Term Loan).

  • Unless and to the extent expressly provided to the contrary in an Effective Additional Term Loan Supplement, the terms of Sections 2.7(a), (b) and (c), and of the last paragraph of the defined term “Applicable Margin”, in each case applicable to B Term Loans shall apply mutatis mutandis to the Additional Term Loans made pursuant to such Effective Additional Term Loan Supplement.

  • The Administrative Agent shall have received such legal opinions in respect of such Additional Term Loan Supplement and the transactions contemplated thereby as the Administrative Agent shall reasonably request.

  • In accordance with Articles 96 and 99 of the Articles, Mr. Cheung Chi Kin, Paul, Mr. Peh Jefferson Tun Lu and Mr. Mak Wing Sum, Alvin will retire from office by rotation at the AGM and, being eligible, will offer themselves for re-election.

  • Unless and to the extent expressly provided to the contrary in an Effective Additional Term Loan Supplement, the terms of Sections 2.7(a), 2.7(b), and of the last paragraph of the defined term “Applicable Margin”, in each case applicable to B Term Loans shall apply mutatis mutandis to the Additional Term Loans made pursuant to such Effective Additional Term Loan Supplement.

  • 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).

  • The Administrative Agent shall have received the written consent, substantially in the form of Exhibit J, of each Restricted Subsidiary to the transactions contemplated by such Additional Term Loan Supplement.

  • 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).

  • The Borrower may, at any time at its sole cost, expense and effort, request any one or more of the Lenders (the decision to be within the sole and absolute discretion of each Lender), or any other Person reasonably satisfactory to the Administrative Agent, to commit to make an Additional Term Loan, by submitting an Additional Term Loan Supplement duly executed by the Borrower and each such Lender or other Person, as the case may be, to the Administrative Agent.


More Definitions of Additional Term Loan Supplement

Additional Term Loan Supplement in Section 1.1 of the Credit Agreement is hereby amended by replacing the words “Tranche B” therein with the words “Tranche C”.
Sample 1
Additional Term Loan Supplement means a supplement in the form of ------------------------------- Exhibit G.
Sample 1

Related to Additional Term Loan Supplement

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

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

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

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

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

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

  • Incremental Term Loan Assumption Agreement means an Incremental Term Loan Assumption Agreement in form and substance reasonably satisfactory to the Administrative Agent, among the Borrower, the Administrative Agent and one or more Incremental Term Lenders.

  • Initial Term Loan Maturity Date means September 24, 2014 or, if such date is not a Business Day, the first Business Day thereafter.

  • Initial Term Loan shall have the meaning provided in Section 2.1(a).

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

  • Incremental Term Loan Note means a promissory note made by the Borrower in favor of an Incremental Term Lender evidencing the Incremental Term Loans made by such Incremental Term Lender, and any amendments, supplements and modifications thereto, any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part.

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

  • Incremental Term Loan Maturity Date means the final maturity date of any Incremental Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement.

  • Initial Term Loan Repayment Date shall have the meaning provided in Section 2.5(b).

  • Initial Term Facility means the Initial Term Loan Commitments and the Initial Term Loans made hereunder.

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

  • Incremental Term Loan Repayment Dates means the dates scheduled for the repayment of principal of any Incremental Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement.

  • Incremental Term Note means a promissory note made by the Borrower in favor of an Incremental Term Lender, evidencing Incremental Term Loans made by such Incremental Term Lender, substantially in the form attached to the Incremental Term Supplement.

  • 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.

  • Incremental Term Loan Lender shall have the meaning provided in Section 2.15(b).

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

  • New Term Loan Maturity Date means the date on which a New Term Loan matures.

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

  • Incremental Term Loan Amount means, at any time, the excess, if any, of (a) $25,000,000 over (b) the sum of (i) the aggregate increase in the Revolving Credit Commitments established at or prior to such time pursuant to Section 2.24 and (ii) the aggregate amount of all Incremental Term Loan Commitments established prior to such time pursuant to Section 2.25.

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

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