Equipment Term Loan definition

Equipment Term Loan means the term loan related to the Equipment Term Loan Credit Agreement, which provides for a $200 million term loan with a maturity date of January 3, 2023.

Equipment Term Loan is defined in Section 2.1.

Equipment Term Loan means the multiple advance term loan permitted under this Agreement as of the First Amendment Effective Date, subject to the terms and conditions hereof.

Examples of Equipment Term Loan in a sentence

• The Borrower's indebtedness to Silicon with respect to this Secured Equipment Term Loan shall be evidenced by this Schedule and the Loan Agreement, not by a separate promissory note unless required by Silicon.

• The unpaid principal balance owing on this Secured Equipment Term Loan at any time may be evidenced by Silicon's internal records, including daily computer print-outs (which Silicon shall provide to Borrower periodically).

• Borrower shall not have the right to reborrow any amount on this Secured Equipment Term Loan that has been repaid by Borrower.

• All payments on Equipment Accounts shall be made to the Equipment Term Loan Lockbox.

• The unpaid principal balance owing on this Secured Equipment Term Loan No. 2 at any time may be evidenced by Silicon's internal records, including daily computer print-outs (which Silicon shall provide to Borrower periodically).

More Definitions of Equipment Term Loan

Equipment Term Loan shall have the meaning set forth in Section 2.1.3 of this Agreement.

Equipment Term Loan means the Equipment Term Loan-Ershigs, the Equipment Term Loan-FCI, the Equipment Term Loan-HCI, the Equipment Term Loan-Sefco, or the Equipment Term Loan-LaVaxxxx xxx 'Equipment Term Loans' means more than one of such loans."

Equipment Term Loan has the meaning prescribed by Section 2A.1. ------------------- ------------

Equipment Term Loan means the Equipment Term Loan-Ershigs, the Equipment Term Loan-FCI, the Equipment Term Loan-HCI, or the Equipment Term Loan-Sefco and "Equipment Term Loans" means more than one of such loans.

Equipment Term Loan means any Equipment Advance made by the Lender to the Borrower pursuant to Section 2.1(b) of this Agreement, and shall include any Equipment Advances converted into 36 Month Notes pursuant to the terms of Section 2.1(b)(v).

Equipment Term Loan has the meaning specified in Section

Equipment Term Loan means that certain term loan made available by the Bank to the Borrower pursuant to this Fifth Amendment and evidenced by the Equipment Advance Note.