Effective Date Loan definition

Effective Date Loan means a Loan made by a Lender on the Effective Date, subject to the terms and conditions hereof.
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Effective Date Loan is defined in Section 2.2(a)(i).
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Effective Date Loan. Section 2.1(b).
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Examples of Effective Date Loan in a sentence

  • On the Effective Date, Loan Claims shall be Allowed in the aggregate principal amount of $642 million, plus any accrued but unpaid interest, fees, and other expenses arising under or in connection with the Prepetition Credit Agreement.

  • Parts and components for nuclear radiation detection and monitoring instruments, including parts for radioactivity detection, identification, and computation (RADIAC) equipment 2045205000c.

  • ENDNOTE 12 Impact on cost of sales only reflects contracts that mature in 2017.

  • Each Covered Loan will be listed on the Covered Loan Schedule, together with the applicable Coverage Effective Date, Loan Coverage Percentage, and certificate number for each Covered Loan, and any other information pertaining thereto exactly as such information was provided on the Set-up File.

  • This Note evidences the obligation of Borrower to Lender for repayment of funds loaned to Borrower under a loan agreement between Borrower and Lender dated as of the Effective Date ("Loan Agreement").

  • The Elevation Acquisition shall be consummated pursuant to the Elevation Acquisition Agreement substantially concurrently with the borrowing of the First Amendment Effective Date Loan.

  • The FirstSecond Amendment Effective Date Loan shall be requested in writing sent via facsimile or electronic transmission by a Notice of Borrowing executed by an authorized officer of the Borrower not later than 4:00 p.m. Eastern Time on any Business Day.

  • As of the First Amendment Effective Date, no event shall have occurred and be continuing or would immediately result from the consummation of the First Amendment Effective Date Loan that would constitute an Event of Default or a Default.

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  • On the Effective Date, Loan Claims shall be Allowed in the aggregate principal amount of approximately $645.3 million, plus any accrued but unpaid interest, fees, and other expenses arising under or in connection with the Prepetition Credit Agreement.

Related to Effective Date Loan

  • Term SOFR Rate Loan means a Loan that bears interest based on the Term SOFR Rate.

  • Cov-Lite Loan A Collateral Obligation the Underlying Documents for which do not (i) contain any financial covenants or (ii) require the Obligor thereunder to comply with any Maintenance Covenant (regardless of whether compliance with one or more Incurrence Covenants is otherwise required by such Underlying Documents); provided that, notwithstanding the foregoing, a Collateral Obligation shall be deemed for all purposes (other than the S&P Recovery Rate for such Collateral Obligation) not to be a Cov-Lite Loan if the Underlying Documents for such Collateral Obligation contain a cross-default or cross acceleration provision to, or such Collateral Obligation is pari passu with, another loan, debt obligation or credit facility of the underlying Obligor that contains one or more Maintenance Covenants.

  • Tranche A Loan shall have the meaning set forth in Section 2.01(a).

  • Tranche A Advance means an Advance made by a Bank under Tranche A.

  • Closing Date Term Loan Commitment means the commitment of each Lender to make Term Loans on the Closing Date hereunder in an aggregate principal amount not to exceed the amount set forth under the heading “Closing Date Term Loan Commitment” opposite its name in Schedule 2.01 hereto. The aggregate amount of the Closing Date Term Loan Commitments as of the Closing Date is $1,150,000,000.

  • Incremental Loan has the meaning set forth in Section 2.14(b).

  • Term SOFR Borrowing means a Borrowing comprised of Term SOFR Loans.

  • U.S. Base Rate Loan means a Loan denominated in Dollars which bears interest at a rate based upon the U.S. Base Rate.

  • Tranche C Loan means an extension of credit by a Lender to TFA under Article II. Except as provided in Section 2.16(c), Tranche C Loans shall be denominated in Australian Dollars.

  • 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.

  • Incremental Revolving Loan has the meaning set forth in Section 2.14(b).

  • Revolving Loan means a Loan made pursuant to Section 2.01.

  • Delayed Draw Term Loan Commitment Termination Date means the earliest to occur of (i) December 31, 2008, (ii) the date the Delayed Draw Term Loan Commitments are permanently reduced to zero pursuant to Section 2.1, and (iii) the date of the termination of the Delayed Draw Term Loan Commitments pursuant to Section 11.1.

  • CDOR Rate Loan means a Loan denominated in Canadian Dollars the rate of interest applicable to which is based on the CDOR Rate.

  • Term Loan as defined in Section 2.1.

  • Domestic Rate Loan means any Advance that bears interest based upon the Alternate Base Rate.

  • Initial Borrowing means the first Borrowing made pursuant to this Agreement.

  • Revolving Loan Commitment Termination Date means the earliest of

  • Revolving Loan Termination Date means the earlier of (a) the fifth anniversary of the Funding Date and (b) the date of termination in whole of the Aggregate Revolving Loan Commitment pursuant to Section 2.05(a) or Section 9.01 hereof.

  • Tranche A Borrowing Base means, at any time of calculation, an amount equal to:

  • Tranche B Term Loan as defined in Section 2.1.

  • L/C Borrowing means an extension of credit resulting from a drawing under any Letter of Credit which has not been reimbursed on the date when made or refinanced as a Revolving Credit Borrowing.

  • Replacement Revolving Facility Effective Date shall have the meaning assigned to such term in Section 2.21(l).

  • Funding Loan means the Funding Loan in the original maximum principal amount of $ made by Funding Lender to Governmental Lender under the Funding Loan Agreement, the proceeds of which are used by the Governmental Lender to make the Borrower Loan.

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

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