Amortizing Term Loan definition

Amortizing Term Loan means the $200 million unsecured amortizing term loan from TransAlta. "AUC" means the Alberta Utilities Commission.
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Amortizing Term Loan means any Term Loan issued prior to [ ], 2019.
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Amortizing Term Loan means any Term Loan the principal of which is repayable (exclusive of any prepayments) in quarterly installments during the term of this Agreement, including a final installment on the Term Loan Maturity Date.
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Examples of Amortizing Term Loan in a sentence

  • The Borrower's indebtedness to the Bank pursuant to the Amortizing Term Loan shall be evidenced by the Amortizing Term Note.

  • Section 2.1 Senior Amortizing Term Loan and Revolving Credit Loan.

  • Each Lender's Commitment shall be further divided into such Lender's Revolving Credit Commitment and such Lender's Senior Amortizing Term Loan Commitment.

  • The outstanding principal balance of the Senior Amortizing Term Loan shall be payable in periodic installments in accordance with the provisions of Section 7.2. All amounts applied by the Agent to the outstanding principal balance of the Senior Amortizing Term Loan under Section 7.3 shall be credited against the Minimum Senior Amortizing Term Loan Paydowns in chronological order.

  • The Agent shall render to the Borrower a monthly statement of the Senior Amortizing Term Loan Account and, unless written exception thereto is taken by the Borrower within forty-five (45) days of receipt, such statement shall be conclusive and binding upon the Borrower except for manifest error; provided, however, that the failure of the Agent to render any such statement in a timely fashion shall not impair the validity or binding nature of the Senior Amortizing Term Loan Account.

  • In the event the Borrower has not made the Minimum Senior Amortizing Term Loan Paydowns when due, the Agent may (but shall not be required to) make a Revolving Credit Advance in an amount equal to the amount of the Minimum Senior Amortizing Term Loan Paydown then due.

  • Subject to the terms and conditions set forth in this Agreement, the Term Loan Lenders have made Loans to the Borrower with an aggregate principal amount outstanding of Two Hundred Fifty Million and no/100 Dollars ($250,000,000.00) (the "Senior Amortizing Term Loan").

  • The Borrower shall pay the unpaid balance of each annual Minimum Senior Amortizing Term Loan Paydown in a single payment on January 31, 2002 and on every July 31 and January 31 thereafter during the term of the Senior Amortizing Term Loan.

  • The Consolidated Group will not permit the sum of the (i) outstanding principal balance of the Revolving Credit Loan, plus (ii) outstanding principal balance of the Senior Amortizing Term Loan, plus (iii) outstanding principal balance or outstanding obligation under the Permitted Mortgages (excluding the Construction Projects) to exceed sixty-five percent (65%) of the Appraised Value of the Mortgaged Properties (excluding the Construction Projects) tested at Agent's discretion at a point in time.

  • In contrast, Bank's Amortizing Term Loan Fixed Rate ("ATLF Rate") is a fixed rate (more fully defined below) the Bank offers from time to time which, if you accept this proposal will apply to all or such portion of the principal amount outstanding under the Term Loan ("Covered Amount") and for such time periods as you and Bank shall mutually agree.


More Definitions of Amortizing Term Loan

Amortizing Term Loan is defined under Section 2.1.1.
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Amortizing Term Loan means the term loan evidenced by the Amortizing Term Note as defined below.
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Related to Amortizing Term Loan

  • Existing Term Loan has the meaning specified in Section 2.01(b).

  • Refinancing Term Loan has the meaning specified in Section 2.15(b).

  • Extending Term Lender has the meaning set forth in Section 2.16(c).

  • Existing Term Loans has the meaning specified in Section 2.16(a).

  • Refinancing Term Loans shall have the meaning assigned to such term in Section 2.21(j).

  • Refinancing Term Lender has the meaning specified in Section 2.15(c).

  • Tranche B Term Loan as defined in Section 2.1.

  • Existing Term Loan Tranche has the meaning set forth in Section 2.16(a).

  • Tranche A Term Loan as defined in Section 2.1.

  • 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.

  • Refinancing Term Commitments means one or more term loan commitments hereunder that fund Refinancing Term Loans of the applicable Refinancing Series hereunder pursuant to a Refinancing Amendment.

  • Existing Term Loan Facility means that certain Term Loan Credit Agreement, dated as of September 7, 2018, by and among the ProFrac Services LLC, as the borrower thereunder, Holdings, the guarantors party thereto, the lenders party thereto and Barclays Bank PLC, as the administrative agent and collateral agent (as amended, amended and restated, supplemented and otherwise modified from time to time, and together with the guarantee and security documentation executed in connection therewith).

  • Base Rate Term Loan means any portion of the Term Loan during any period in which it bears interest based on the Base Rate.

  • Refinancing Term Loan Commitments shall have the meaning provided in Section 2.14(h).

  • Tranche C Term Loan as defined in Section 2.1.

  • New Term Loan shall have the meaning provided in Section 2.14(c).

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

  • Specified Refinancing Term Loans means Specified Refinancing Debt constituting term loans.

  • Tranche A Term Loans means Loans made by the Tranche A Term Lenders pursuant to Section 2.01(a).

  • Revolving Termination Date means the earlier to occur of:

  • Tranche A Term Loan Maturity Date means October 20, 2015.

  • Refinanced Term Loans shall have the meaning provided in Section 13.1.

  • Latest Term Loan Maturity Date means, at any date of determination, the latest maturity or expiration date applicable to any Term Loan hereunder at such time, including the latest maturity or expiration date of any New Term Loan or any Extended Term Loan, in each case as extended in accordance with this Agreement from time to time.

  • Incremental Term Maturity Date means, with respect to Incremental Term Loans of any Series, the scheduled date on which such Incremental Term Loans shall become due and payable in full hereunder, as specified in the applicable Incremental Facility Agreement.

  • Tranche B Term Loans means Loans made or deemed made by the Tranche B Term Lenders pursuant to Section 2.01(b) or pursuant to Section 1 of the First Amendment to 2009 Credit Agreement.