CapEx Term Loan definition

CapEx Term Loan means any CapEx Loan or CapEx Loans that have been converted to a term loan pursuant to Section 2.02(c) hereof.
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CapEx Term Loan has the meaning set forth in Section 2.2(b).
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CapEx Term Loan means the Loan granted to Core Molding in an original principal amount equal to the aggregate principal amount of all Capex Draw Loans outstanding on the Capex Conversion Date, in accordance with Section 2.4(b) hereof.
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Examples of CapEx Term Loan in a sentence

  • On the last day of the CapEx Commitment Period, the Lenders shall convert all CapEx Loans outstanding into a CapEx Term Loan in the aggregate principal amount of such CapEx Loans.

  • The Borrower Representative shall notify the Lender at the time of the conversion of the CapEx Loans to a CapEx Term Loan whether the CapEx Term Loan will be a CBFR Borrowing or a Eurodollar Borrowing.

  • If the Borrower Representative fails to notify the Lender at the time of the conversion whether the CapEx Term Loan will be a CBFR Loans or a Eurodollar Loans, then the CapEx Term Loan will be a CBFR Loan.

  • The Lender is hereby authorized and directed by the Borrowers to apply the proceeds of the CapEx Term Loan to the principal and interest then owed on the CapEx Loans being converted.

  • In the event such notice is not received by Lender within such thirty (30) day period, or such replacement Equipment is not purchased within ninety (90) days after such notice is received by Lender, said proceeds shall be immediately applied by Lender in respect of the Cap/Ex Term Loan.

  • In addition to all other rights and remedies under this Agreement, the Cap/Ex Term Loan, together with all accrued and unpaid interest thereon and the early termination fee in respect thereof, shall, at Lender's option, be immediately due and payable if this Agreement shall be terminated or not renewed for any reason whatsoever, or upon the occurrence of any Event of Default hereunder.

  • The Cap/Ex Term Loan shall be evidenced by and subject to the terms and conditions of a promissory note (the "Cap/Ex Note"), which Cap/Ex Note shall be in form and substance satisfactory to Lender and shall be dated as of the last day of the first calendar month next following the Cap/Ex Line Termination Date.

  • Proceeds of Advances shall not be used by Borrower to make a prepayment of the Equipment Term Loan or any CapEx Term Loan.

  • Notwithstanding any amortization schedule for advances made under the CapEx Term Loan Facility, upon the effective date of any termination of this Agreement under SECTION 11 or SECTION 13 hereof, all amounts then outstanding under the CapEx Term Loan Facility shall become immediately due and payable without notice or demand.

  • No payment or prepayment of any CapEx Term Loan shall be reason for any relending or additional lending of CapEx Term Loan proceeds.


More Definitions of CapEx Term Loan

CapEx Term Loan means the Capex Term Loan in Section 1.7B.
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CapEx Term Loan means the Loan granted to Borrower by the CAPEX Lenders in accordance with Section 2.1.3(b).
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CapEx Term Loan shall have the meaning ascribed thereto in SECTION 2.1 hereof.
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CapEx Term Loan has the meaning provided in Section 2.01(b)(iv).
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CapEx Term Loan means each loan made by Lender to Borrower as provided for in Section 2.2(b) hereof.
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Related to CapEx Term Loan

  • 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).

  • 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.

  • Tranche B Term Loan as defined in Section 2.1.

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

  • Tranche C Term Loan as defined in Section 2.1.

  • Tranche A Term Loan as defined in Section 2.1.

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

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

  • New Term Loans as defined in Section 2.24.

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

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

  • LIBOR Term Loan means any Term Loan bearing interest at a rate determined by reference to the LIBOR Rate.

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

  • 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.

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

  • New Term Loan Facility means the facility providing for the Borrowing of New Term Loans.

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

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

  • Tranche A Term Loan Commitment means the commitment of a Lender to make a Tranche A Term Loan to Company pursuant to subsection 2.1A(i), and "Tranche A Term Loan Commitments" means such commitments of all Lenders in the aggregate.

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

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

  • Tranche A Term Loan Lender each Lender that has a Tranche A Term Loan Commitment or is the holder of a Tranche A Term Loan.

  • Delayed Draw Term Loan Commitment means the commitment of each Lender to make Delayed Draw Term Loans on each Delayed Draw Funding Date hereunder in an aggregate principal amount not to exceed the amount set forth under the heading “Delayed Draw Term Loan Commitment” opposite its name in Schedule 2.01 hereto. The aggregate amount of the Delayed Draw Term Loan Commitments as of the Closing Date is $1,150,000,000.

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).