Converted Term Loan definition

Converted Term Loan as defined in Section 2.20(a).

Converted Term Loan has the meaning assigned to it in Section 2.4.

Converted Term Loan means each Original Term Loan held by an Amendment No. 1 Consenting Lender on the Amendment No. 1 Effective Date immediately prior to the effectiveness of Amendment No. 1.

Examples of Converted Term Loan in a sentence

• To the extent not previously paid, all Converted Term Loans shall be due and payable on the Converted Term Loan Maturity Date.

• All Converted Term Loans shall be paid in full in cash by the Borrower to the Administrative Agent, for the account of each Lender, on the Converted Term Loan Maturity Date.

• On the Option Date, or, if the Borrower and the Lenders have agreed to extend the Revolver A Loan until the Extension Final Maturity, then on the Extension Final Maturity, the Borrower, so long as there exists no Default or Event of Default on such date of conversion, shall have the option (which shall not require the consent of any Lender) to convert the Revolver A Loan to a term loan (the "Converted Term Loan").

• The determination of the number of shares of common Capital Stock of Parent Borrower to be issued and delivered to Lender or its designee as provided herein shall initially be calculated by Lender and identified in such Term Loan C Conversion Notice as follows: (i) the Converted Term Loan C Debt Amount identified by Lender in such Term Loan C Conversion Notice to be converted into common Capital Stock of Parent Borrower, divided by (ii) the Term Loan C Conversion Price.

• So long as no Default or Event of Default is in existence or occurs as a result thereof and Borrower has satisfied the applicable requirements under Article IV hereof, Advances outstanding under the Revolver A Loan on the Conversion Date may be repaid with the proceeds of Advances under the Converted Term Loan.

More Definitions of Converted Term Loan

Converted Term Loan means each Existing Term Loan held by a Consenting Term Lender on the Closing Date (or, if less, the amount of such Consenting Term Lender’s Existing Term Loan notified to such Lender by the Administrative Agent as such Lender’s Converted Term Loan) immediately prior to the initial extensions of credit hereunder on the Closing Date.

Converted Term Loan as defined in Section 2.1(b) hereof.

Converted Term Loan means each Term Loan held by an Amendment No. 1 Consenting Lender on the Amendment No. 1 Effective Date immediately prior to the effectiveness of Amendment No. 1 (or, if less, the amount notified to such Lender by the Administrative Agent prior to the Amendment No. 1 Effective Date).

Converted Term Loan means each Term A Loan or Term B-1 Loan held by an Amendment No. 5 Converting Lender on the Amendment No. 5 Effective Date immediately prior to the effectiveness of Amendment No. 5; provided that the amount of such Amendment No. 5 Converting Lender’s Converted Term Loan may be less than the amount of Term A Loans and/or Term B-1 Loans held by such Amendment No. 5 Converting Lender, which lower amount shall be notified to such Amendment No. 5 Converting Lender by the Administrative Agent as the amount of such Amendment No. 5 Converting Lender’s Converted Term Loan.

Converted Term Loan shall have the meaning set forth in Section 2.1(d)(ii).

Converted Term Loan as defined in the recitals.

Converted Term Loan is defined in the third recital.