Closing Date Loans definition

Closing Date Loans means the Closing Date Term Loans and any Closing Date Revolving Borrowing.

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Closing Date Loans shall have the meaning provided in the recitals to this Agreement.

Closing Date Loans shall have the meaning set forth in Section 2.01(a).

Examples of Closing Date Loans in a sentence

On the Closing Date (after giving effect to the consummation of the Transactions (including the execution and delivery of this Agreement, the making of the Closing Date Loans and the use of proceeds of such Closing Date Loans on the Closing Date), the Borrower on a consolidated basis with its Restricted Subsidiaries will be Solvent.
Subject to the terms and conditions set forth herein, each Term Lender severally agrees to make to the Borrowers on a pro rata basis on the Closing Date, Loans denominated in Dollars in an aggregate amount not to exceed at any time outstanding the amount of such Term Lender’s Term Commitment.
Effective immediately after the funding of the Closing Date Loans hereunder and the consummation of the Closing Date Merger, and without affecting any of the obligations of Holdings as a Guarantor under any Loan Document, Convey Health Solutions, Inc.
Holdings hereby acknowledges the Assumption by Life Time and its effectiveness immediately after the consummation of the Merger, the execution and delivery by Life Time of a counterpart hereto and the funding of the Closing Date Loans hereunder.
The failure of any Lender to make the portion of the Closing Date Loans required to be made by it shall not relieve any other Lender of its obligations hereunder; provided that the Commitments of the Lenders to make Closing Date Loans are several and no Lender shall be responsible for any other Lender’s failure to make its share of the Loans as required.

More Definitions of Closing Date Loans

Closing Date Loans means the Closing Date Tranche BVI Loans, the Closing Date Tranche Peru Loans, and the Closing Date Tranche Quench USA Loans.

Closing Date Loans as defined in Section 2.2.

Closing Date Loans. As defined in Section 2.1(c) of this Agreement.

Closing Date Loans means the Loans made by the Lenders on the Closing Date pursuant to S ection 2.1.

Closing Date Loans means the Loans made by the Lenders on the Closing Date to the Borrower pursuant to Section 2.01. “Closing Date Term Loans” means the Term Loans made by the Term Lenders on the Closing Date to the Borrower pursuant to Term Credit Agreement. “CME Term SOFR Administrator” means CME Group Benchmark Administration Limited as administrator of the forward-looking term Secured Overnight Financing Rate (SOFR) (or a successor administrator). “Code” means the U.S. Internal Revenue Code of 1986, as amended, and any successor federal Tax statute (unless otherwise specified in this Agreement). “Co-Issuer” means BRS Finance Corp., a Delaware corporation. “Collateral” means all the “Collateral” (or equivalent term) as defined in any Collateral Document. “Collateral Access Agreement” means any landlord waiver, warehouseman’s letter, consignee agreement, bailee letter or other agreement, in form and substance reasonably satisfactory to the Collateral Agent (including with respect to waivers or subordinations of certain rights by such Persons), between the Collateral Agent and any landlord where any Inventory is located or any third party warehouser, consignee, bailee or other similar Person having the possession of any Inventory. “Collateral and Guarantee Requirement” means, at any time, the requirement that: (1) the Collateral Agent shall have received each Collateral Document required to be delivered (a) on the Closing Date pursuant to Section 4.01(2)(a) or (b) pursuant to the Security Agreement or Section 6.11 or 6.13 at such time required by the Security Agreement or by such Sections to be delivered, in each case, duly executed by each Loan Party that is party thereto; (2) all Obligations shall have been unconditionally guaranteed by (a) Holdings (or any successor thereto), (b) each Restricted Subsidiary of the Borrower that the 23 US-DOCS\124480978.17139630401.7

Closing Date Loans shall have the meaning provided in the recitals to this Agreement. “Code” shall mean the Internal Revenue Code of 1986, as amended from time to time. “Co-Investors” shall mean the Sponsors and Itochu.

Closing Date Loans shall have the meaning assigned to such term in Section 2.20(d)(ix). “Closing Date Refinancing” shall mean the repayment and discharge of all Indebtedness incurred pursuant to the Existing Credit Agreement and the termination and release of any security interests and guarantees in connection therewith. “Code” shall mean the U.S. Internal Revenue Code of 1986, as amended from time to time (except as otherwise provided herein). “Collateral” shall mean all the “Collateral” as defined in any Security Document. “Collateral Agent” shall have the meaning assigned to such term in the introductory paragraph of this Agreement.