Converted Initial Loan definition

Converted Initial Loan means each Initial Loan held by an Amendment No. 2 Consenting Lender on the Amendment No. 2 Effective Date immediately prior to the effectiveness of Amendment No. 2 (or, if less, the amount notified to such Lender by the Administrative Agent prior to the Amendment No. 2 Effective Date).
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Converted Initial Loan means the Allocated Amount of each Initial Loan held by an Initial Converting Lender on the Amendment No. 2 Effective Date immediately prior to the effectiveness of Amendment No. 2. The aggregate principal amount of Converted Initial Loans and Converted Term B-2 Loans is $0.
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Examples of Converted Initial Loan in a sentence

  • The Borrowingthe principal amount of such Lender’s Converted Initial Loan immediately prior to such conversion; provided that the Term B Loans shall initially consist of Term Loans made simultaneously by such Lenders in accordance with their respective Commitments.LIBO Rate Loans with an Interest Period commencing on the Amendment No. 1 Effective Date and ending on June 28, 2013 and the LIBO Rate for such Interest Period shall be deemed to be 1.25%.

Related to Converted Initial Loan

  • Initial Loans means the Eligible Loans evidenced by the Notes sold on the Closing Date pursuant to the Initial Purchase Agreement and related documentation, together with any guaranties and other rights relating thereto including, without limitation, Interest Subsidy Payments and Special Allowance Payments.

  • Term Loan as defined in Section 2.1.

  • L/C Advance means, with respect to each Lender, such Lender’s funding of its participation in any L/C Borrowing in accordance with its Applicable Percentage.

  • Revolving Loan has the meaning specified in Section 2.01(a).

  • Fixed Rate Loan means a Competitive Loan bearing interest at a Fixed Rate.