Effective Date Term Loan definition

Effective Date Term Loan means a term loan made by a Lender to the Parent Borrower on the Fifth Amendment and Restatement Effective Date pursuant to Section 2.01(a).
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Effective Date Term Loan means the loan made by the Lenders to the Borrowers on the Effective Date pursuant to Section 2.01(a)(i).
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Effective Date Term Loan. Amount” Section 2.2
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Examples of Effective Date Term Loan in a sentence

  • Amounts borrowed under this subsection 1.1(a)(ii) are referred to as the “Fourth Amendment Term Loan” and, together with the Restatement Effective Date Term Loan and the Third Amendment Effective Date Term Loan, are sometimes referred to herein, collectively, as the “Term Loan.” No amount of the Term Loan which is repaid or prepaid may be reborrowed.

  • Each of (i) the Total Effective Date Term Loan Commitment and the Total Delayed Draw Term Loan Commitment and (ii) the Total Term Loan Commitment, the Effective Date Term Loan Commitment and the Delayed Draw Term Loan Commitment of each Lender, shall be terminated or reduced, as applicable, in accordance with Section 2.01(b).

  • Funding for some centrally provided services must be allocated direct to schools through the formula but can then be returned to the LA by maintained schools via local de-delegation agreement.

  • On the Effective Date, Term Loan Secured Claims shall be Allowed in the aggregate principal amount of $644,101,000, plus any accrued but unpaid interest, fees, and other expenses arising under or in connection with the Term Loan Credit Agreement.

  • Promptly upon receipt by Administrative Agent of such Funding Notice, Administrative Agent shall notify each Lender with a Second Amendment Effective Date Term Loan Commitment of the proposed borrowing.

  • Upon receipt of such notice the Administrative Agent shall promptly notify the Effective Date Term Loan Lender thereof.

  • On the Effective Date (after giving effect to the Incurrence of Initial Term Loan on such date), the Initial Term Loan Commitment of the Effective Date Term Loan Lender shall terminate.

  • The principal amount of the Restatement Effective Date Term Loan shall be payable as follows, subject to acceleration upon the occurrence of an Event of Default or termination of this Agreement: (a) Borrower shall pay equal installments of $77,000 each on the last day of each calendar quarter commencing on June 30, 2014; and (b) Borrower shall pay the remaining principal balance of the Restatement Effective Date Term Loan on the last day of the Term.

  • On the 2019 Incremental Effective Date (after giving effect to the funding of the 2019 Incremental Effective Date Term Loans to be made on such date), the 2019 Incremental Effective Date Term Loan Commitments of each Lender as of the 2019 Incremental Effective Date will terminate.

  • The Effective Date Term Loan Lender will be deemed to have made the amount of the Initial Term Loan Commitments available to the Borrower at 12:00 P.M., New York City time (or such other time as agreed to by each of the Borrower, the Administrative Agent and the Effective Date Term Loan Lender, in each case, in its reasonable discretion), on the Effective Date.


More Definitions of Effective Date Term Loan

Effective Date Term Loan means the loan made by the Lenders to the Borrowers on the Effective Date pursuant to Section 2.01(a)(i). “Effective Date Term Loan Commitment” means, with respect to each Lender, the commitment of such Lender to make the Term Loans to
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Effective Date Term Loan means the loan advanced by a Lender pursuant to Section 2.01(c). For purposes of clarification, any calculation of the aggregate outstanding principal amount of the Effective Date Term Loan on any date of determination shall mean the aggregate principal amount of the Effective Date Term Loan made pursuant to Section 2.01(c) that has not yet been repaid as of such date.
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Effective Date Term Loan has the meaning assigned to such term in Section 2.1(a).
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Effective Date Term Loan means an advance made by any Term Lender under the Effective Date Term Facility. Effective Time has the meaning given to such term in Section 11.1.
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Related to Effective Date Term Loan

  • 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 Loan as defined in Section 2.1.

  • Tranche C Term Loan as defined in Section 2.1.

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

  • Tranche B Term Loans means the Loans made by Lenders to Company pursuant to subsection 2.1A(ii).

  • 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.

  • ABR Term Loan means any Term Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.

  • Initial Term Loan shall have the meaning provided in Section 2.1(a).

  • 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.

  • Commitment Increase Effective Date has the meaning set forth in Section 2.02(b).

  • Extended Term Loan shall have the meaning assigned to such term in Section 2.21(e).

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

  • Initial Term Facility means the Initial Term Loan Commitments and the Initial Term Loans made hereunder.

  • Initial Term Loan Facility means the Initial Term Loan Commitments and the provisions herein related to the Initial Term Loans.

  • Tranche B Term Loan Facility as defined in the definition of “Facility” in this Section 1.1.

  • Tranche B Term Commitment as to any Tranche B Term Lender, the obligation of such Tranche B Term Lender to make an Initial Tranche B Term Loan to the Borrower in the principal amount set forth under the heading “Tranche B Term Commitment” opposite such Tranche B Term Lender’s name on Schedule 2.1 to this Agreement. The aggregate principal amount of the Tranche B Term Commitments as of the Closing Date is $1,025,000,000.

  • Tranche B Term Note shall have the meaning provided in Section 1.05(a).

  • Initial Term Loan Commitment means the commitment of a Lender to make or otherwise fund an Initial Term Loan and “Initial Term Loan Commitments” means such commitments of all of the Lenders in the aggregate. The amount of each Lender’s Initial Term Loan Commitment, if any, is set forth on Appendix A-1 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Initial Term Loan Commitments as of the Closing Date is $200,000,000.

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

  • Tranche A Term Loan as defined in Section 2.1.

  • New Term Facility has the meaning specified in Section 2.14(a).

  • Incremental Term Loan Amendment has the meaning assigned to such term in Section 2.20.

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

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).