Closing Date Term Facility definition

Closing Date Term Facility means, at any time, (a) on or prior to the Closing Date, the aggregate amount of the Term Commitments at such time and (b) thereafter, the aggregate principal amount of the Closing Date Term Loans of all Closing Date Term Lenders outstanding at such time. As of the Closing Date, the aggregate principal amount of the Closing Date Term Facility is $175,000,000.
Closing Date Term Facility means the Closing Date Term Loans provided to or for the benefit of the Borrower pursuant to the terms of this Agreement.
Closing Date Term Facility means, at any time, the Outstanding Amount of the Closing Date Term Loans of all Closing Date Term Lenders at such time. The Closing Date Term Facility on the Restatement Effective Date is $100,000,000.

Examples of Closing Date Term Facility in a sentence

  • The Term Borrowing on the Closing Date consisted of Closing Date Term Loans made simultaneously by the Closing Date Term Lenders in accordance with their respective Applicable Percentage of the Closing Date Term Facility.

  • The Borrower shall repay to the Closing Date Term Lenders on the Maturity Date for the Closing Date Term Facility the aggregate principal amount of Closing Date Term Loans outstanding on such date.

  • Any such extension of the Maturity Date of the Closing Date Term Facility shall become effective on the applicable Closing Date Term Extension Effective Date.

  • Any such Term Borrowing shall consist of Term Loans made simultaneously by the Term Lenders in accordance with their respective Applicable Percentages of the Closing Date Term Facility or the Delayed Draw Term Facility, as applicable.

  • Subject to the terms and conditions set forth herein, each Term Lender severally agrees to make a single loan to the Borrower, (i) on the Closing Date, in an amount equal to such Term Lender’s Term Commitment in respect of the Closing Date Term Facility and (ii) during the Delayed Draw Term Loan Availability Period, in an amount not to exceed such Term Lender’s Term Commitment in respect of the Delayed Draw Term Facility.

Related to Closing Date Term Facility