Converting Term Loans definition

Converting Term Loans means each Existing Term Loan as to which the Lender thereof is a Converting Term Lender.
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Converting Term Loans means each Existing Term Loan as to which the Lender thereof is a Converting Term Lender. “Corresponding Tenor” with respect to any Available Tenor shall mean, as applicable, either a tenor (including overnight) or an interest payment period having approximately the same length (disregarding business day adjustment) as such Available Tenor. “Credit Card Receivables” shall mean, as of any date of determination, the amount due from third-party financial institutions for credit and debit card transactions that would, in conformity with -26- US-DOCS\118329784.0000000000.6
Sample 1

Examples of Converting Term Loans in a sentence

  • All proceeds of the Additional Term Loans (as defined in the Third Amendment) incurred on the Third Amendment Effective Date shall be used by the Borrower to repay in full all Existing Term Loans (as defined in the Third Amendment) other than Converting Term Loans (as defined in the Third Amendment).

  • All accrued and unpaid interest on the Converting Term Loans to, but not including, the Restatement Effective Date shall be payable on the Restatement Effective Date, but no amounts under Section 2.14 of the Existing Credit Agreement shall be payable in connection with such conversion.

  • WHEREAS , Lenders have agreed to extend Initial Term Loans (or convert Converting Term Loans) to the Borrower, in an aggregate principal amount not to exceed $540,000,000, the proceeds of which will be used to consummate the Transactions.

Related to Converting Term Loans

  • Existing Term Loans has the meaning specified in Section 2.16(a).

  • Existing Term Loan has the meaning specified in Section 2.01(b).

  • Refinancing Term Loans shall have the meaning assigned to such term in Section 2.21(j).

  • Existing Term Loan Facility means that certain Term Loan Credit Agreement, dated as of September 7, 2018, by and among the ProFrac Services LLC, as the borrower thereunder, Holdings, the guarantors party thereto, the lenders party thereto and Barclays Bank PLC, as the administrative agent and collateral agent (as amended, amended and restated, supplemented and otherwise modified from time to time, and together with the guarantee and security documentation executed in connection therewith).

  • Refinancing Term Loan has the meaning specified in Section 2.15(b).

  • Extending Term Lender has the meaning set forth in Section 2.16(c).

  • Refinancing Term Lender has the meaning specified in Section 2.15(c).

  • Existing Term Loan Tranche has the meaning set forth in Section 2.16(a).

  • Refinancing Term Commitments means one or more term loan commitments hereunder that fund Refinancing Term Loans of the applicable Refinancing Series hereunder pursuant to a Refinancing Amendment.

  • Refinancing Term Loan Commitments shall have the meaning provided in Section 2.14(h).

  • Existing Term Loan Agreement means that certain Term Loan Credit Agreement dated as of October 22, 2010 by and among Holdings, the Company, as borrower, the Subsidiary Guarantors, the lenders party thereto from time to time and Xxxxx Fargo Bank, National Association, as administrative agent and collateral agent, as amended, restated, supplemented or otherwise modified from time to time.

  • Specified Refinancing Term Loans means Specified Refinancing Debt constituting term loans.

  • Existing Term Loan Credit Agreement means that certain Term Loan Credit Agreement, dated as of August 24, 2017, among the Borrower, the lenders from time to time party thereto and Sumitomo Mitsui Banking Corporation, as administrative agent (as amended, restated, supplemented or otherwise modified prior to the Effective Date).

  • Tranche B Term Loans means Loans made or deemed made by the Tranche B Term Lenders pursuant to Section 2.01(b) or pursuant to Section 1 of the First Amendment to 2009 Credit Agreement.

  • Tranche A Term Loans means Loans made by the Tranche A Term Lenders pursuant to Section 2.01(a).

  • Tranche B Term Loan as defined in Section 2.1.

  • New Term Loans as defined in Section 2.24.

  • Replaced Term Loans has the meaning assigned to such term in Section 9.02(c).

  • Initial Term Loans means the term loans made by the Initial Term Lenders to the Borrower pursuant to Section 2.01(a)(i).

  • Tranche A Term Loan as defined in Section 2.1.

  • New Term Loan shall have the meaning provided in Section 2.14(c).

  • Extended Term Loans has the meaning specified in Section 2.15(a).

  • Base Rate Term Loan means any portion of the Term Loan during any period in which it bears interest based on the Base Rate.

  • Refinanced Term Loans shall have the meaning provided in Section 13.1.

  • Incremental Term Loans has the meaning specified in Section 2.14(a).