Closing Date Term Lender definition

Closing Date Term Lender means (a) at any time on or prior to the Closing Date, any Term Lender that has a Term Commitment at such time and (b) at any time after the Closing Date, any Term Lender that holds Closing Date Term Loans at such time.
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Closing Date Term Lender means each Term Lender with a Closing Date Term Loan Commitment or a Closing Date Term Loan.
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Closing Date Term Lender means (a) at any time on or prior to the Closing Date, any Lender that has a Closing Date Term Loan Commitment at such time and (b) at any time after the Closing Date, any Closing Date Term Lender that holds Closing Date Term Loans at such time.
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Examples of Closing Date Term Lender in a sentence

  • The Closing Date Term Loans shall be made on a pro rata basis by the Closing Date Term Lenders in accordance with their respective Closing Date Term Proportionate Shares, with the Closing Date Term Loan Borrowing to be comprised of a Closing Date Term Loan by each Closing Date Term Lender equal to such Closing Date Term Lender’s Closing Date Term Proportionate Share of the Closing Date Term Loan Borrowing.

  • Subject to the terms and conditions set forth herein, (i) each Closing Date Term Lender severally agrees to make a single term loan denominated in Dollars to the Borrower on the Closing Date in an amount not to exceed such Closing Date Term Lender’s Closing Date Term Commitment and (ii) each Incremental Term Lender agrees to make a Term Loan to the Borrower as and when set forth in the applicable Incremental Commitments Amendment.

  • On the terms and subject to the conditions of this Agreement, each Closing Date Term Lender severally agrees to advance to the Borrower in a single advance on the Closing Date a loan in Dollars under this Section 2.01(b) (individually, a “Closing Date Term Loan”); provided, however, that there are no Closing Date Term Loans made by any Lender on the Closing Date and nothing set forth in this Agreement on the Closing Date shall be deemed to constitute a commitment by any Lender to make a Term Loan.

  • On the Restatement Effective Date, each Closing Date Term Lender is severally holding a single term loan made to the Borrower in Dollars pursuant to the Existing Credit Agreement, in the amount set forth on Schedule 2.01.

  • The proposed project will contain the following components:Underground storage tanks with vents and breathers Oil interceptor and septic tankFuels dispensers under steel canopyService bays such tire centre, car wash and repair shop Drive way and car parkManagement officesThe project will be finished to approvalCompound work and walls will be done to improve the visual façade.

  • Subject to the terms and conditions set forth herein, each Closing Date Term Lender severally agrees to make a term loan (a “Closing Date Term Loan”) denominated in Dollars to the Company on the Closing Date in an aggregate principal amount equal to the amount of the Closing Date Term Commitment of such Closing Date Term Lender.

  • Subject to the terms and conditions set forth herein, each Closing Date Term Lender severally agrees to make a single term loan denominated in Dollars to the Borrower on the Closing Date in an amount not to exceed such Closing Date Term Lender’s Closing Date Term Commitment.

  • The Borrower shall have paid, by wire transfer of immediately available funds, to the Administrative Agent for the account of each Closing Date Term Lender that executes and delivers a counterpart to this Amendment on or prior to the First Amendment Effective Date, a fee equal to 0.20% of the aggregate amount of Closing Date Term Loans held by such Closing Date Term Lender on the First Amendment Effective Date.

  • The Administrative Agent shall have received counterparts to this Amendment, which collectively shall have been duly executed and delivered on behalf of the Borrower, the REIT, each Closing Date Term Lender, the Required Lenders and the Administrative Agent.


More Definitions of Closing Date Term Lender

Closing Date Term Lender means each Lender that has a Closing Date Term Commitment or that holds a Closing Date Term Loan.
Sample 1
Closing Date Term Lender each Lender that has a Closing Date Term Commitment or that holds a Closing Date Term Loan.
Sample 1

Related to Closing Date Term Lender

  • Closing Date Term Loan has the meaning set forth in Section 2.4(a).

  • Closing Date Term Loans means the Term Loans made by the Term Lenders on the Closing Date to the Borrower pursuant to Section 2.01(1).

  • Closing Date Term Loan Commitment means, in the case of each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(b) as such Lender’s Closing Date Term Loan Commitment. The aggregate amount of the Closing Date Term Loan Commitments as of the Closing Date is $820,000,000.

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

  • New Term Lender a Lender that has a New Term Loan.

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

  • Incremental Facility Closing Date has the meaning set forth in Section 2.14(d).

  • Aggregate Term Loan Commitment means the combined Term Loan Commitments of the Lenders, which shall initially be in the amount of $90,000,000, as such amount may be adjusted as permitted by this Agreement.

  • Delayed Draw Term Lender means, at any time, any Lender that has a Delayed Draw Term Commitment or a Delayed Draw Term Loan at such time.

  • Closing Date Working Capital has the meaning specified in Section 2.3(b).

  • Additional Closing Date has the meaning set forth in Section 3.

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

  • Closing Date Acquisition Agreement shall have the meaning assigned to such term in the recitals hereto.

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

  • Funding Date is any date on which a Credit Extension is made to or for the account of Borrower which shall be a Business Day.

  • Required Term Lenders means, as of any date of determination, Term Lenders holding more than 50% of the Term Facility on such date; provided that the portion of the Term Facility held by any Defaulting Lender shall be excluded for purposes of making a determination of Required Term Lenders.

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

  • Incremental Term Lenders (a) on any Increased Facility Activation Date relating to Incremental Term Loans, the Lenders signatory to the relevant Increased Facility Activation Notice and (b) thereafter, each Lender that is a holder of an Incremental Term Loan.

  • Closing Date Acquisition shall have the meaning assigned to such term in the recitals hereto.

  • Tranche B Term Loan as defined in Section 2.1.

  • Tranche C Term Loan as defined in Section 2.1.

  • Closing Date Business Plan means the set of Projections of Borrowers for the 3 year period following the Closing Date (on a year by year basis, and for the 1 year period following the Closing Date, on a month by month basis), in form and substance (including as to scope and underlying assumptions) satisfactory to Agent.

  • Closing Date Purchase Price shall have the meaning set forth in Section 2.1 hereof.

  • Additional Term Lender means any Lender with an Additional Term Loan Commitment or an outstanding Additional Term Loan.

  • Requisite Term Loan Lenders shall in no event mean less than two Term Loan Lenders.

  • Closing Date Cash has the meaning specified in Section 3.4(a).