Bank Term Loan definition

Bank Term Loan means a loan made under the Credit Agreement pursuant to any of Sections 2.01(b), 2.01(c) or 2.01(d) of the Credit Agreement.".
Bank Term Loan means the Term Loan agreement by and among First Huntington Finance Corp., the Company and the lenders that are parties thereto, dated July 25, 2000, as amended, and any related documents (including, without limitation, any guarantees or security documents), as such agreements (and such related documents) may be amended, restated, supplemented, renewed, replaced by the existing lenders or by successors or otherwise modified from time to time, including any agreement(s) extending the maturity of or refinancing or refunding all or any portion of the indebtedness or increasing the amount to be borrowed under such agreements or any successor agreement(s), whether or not by or among the same parties.
Bank Term Loan means the Term Loan as defined in the Bank Agreement.

Examples of Bank Term Loan in a sentence

  • Rate of Interest is ""Repo Rate + 4.40%.For Axis Bank Term Loan : One instalment of Rs. 4,34,318.55 on 31.01.2024 and one instalment of Rs.16.50 Lacs on 30.04.2024.

  • Qualification 2: Company has not made any Provision for Interest on Cash Credit Facility availed from State Bank of India, Axis Bank and Kotak Mahindra Bank Term Loan and Kotak Mahindra Bank Overdraft Facility account.

  • Indusind Bank Term Loan 1,000 875 Payable by way of 20 structured quarterly installments starting from Nov ,2018 and ending on Aug 2023First Pari Passu Charge by way of Mortgage / Hypothecation of the immovable/ movable assets of AluminiumDivision.

  • ICICI Bank Term Loan 500 460 Payable by way of 40 structured quarterly installments starting from Dec 31 ,2018 and ending on Sep 2028First Pari Passu Charge by way of Mortgage / Hypothecation of the immovable/ movable assets of AluminiumDivision.

  • Bank Term Loan: Bank term loan are medium term source of financing in that its maturity ranges between 3-5years.


More Definitions of Bank Term Loan

Bank Term Loan. The definition of "Bank Term Loan" in Section 10.2 of the Existing Note Agreement shall be and is hereby amended and restated in its entirety to read as follows:
Bank Term Loan means the term loan facility provided under the Senior Bank Facility.
Bank Term Loan is defined in Section 2.1.2(a).
Bank Term Loan means the Term Loan agreement by and among First Huntingdon Finance Corp., the Company and the lenders that are party thereto, dated July 25, 2000, as amended, and any related documents (including, without limitation, any guarantees or security documents), as such agreements (and such related documents) may be amended, restated, supplemented, renewed, replaced by the existing lenders or by successors or otherwise modified from time to time, including any agreement(s) extending the maturity of or refinancing or refunding all or any portion of the indebtedness or increasing the amount to be borrowed under such agreements or any successor agreement(s), whether or not by or among the same parties.
Bank Term Loan in Section 10.2 of the Existing Note Agreement shall be and is hereby amended and restated in its entirety to read as follows:
Bank Term Loan means the term loan made to CCLP and CAI by Bank One, N.A. (successor-in-interest to American National Bank and Trust Company of Chicago) and Comerica Bank, a Michigan banking corporation, pursuant to that certain Credit Agreement dated as of November 19, 1999, as amended, in the principal amount of $55,000,000, which loan was purchased by Investor and refinanced with proceeds of the Interim Loan.
Bank Term Loan means the term loan owing to U.S. Bank National Association under the U.S. Bank Existing Credit Agreement and U.S. Bank Term Note.