Existing Converted Loans definition

Existing Converted Loans means as is specified in Section 12.15.
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Examples of Existing Converted Loans in a sentence

  • For the avoidance of doubt, no additional notice is required for (i) the continuation of the Existing Outstanding Term Loans on the Closing Date or (ii) the conversion of the Existing Converted Loans on the Closing Date from Existing Revolving Credit Loans to Term Loans.

  • Subject to the terms and conditions hereof, and relying upon the representations and warranties herein specified, on the Closing Date, (a) the Existing Outstanding Term Loans shall continue as Term Loans hereunder, (b) the Existing Converted Loans shall be converted to Term Loans hereunder, and (c) the Existing Outstanding Term Loans and Existing Converted Loans shall be allocated to the Term Lenders in accordance with Section 12.15.

  • The failure of any Lender to continue Existing Outstanding Term Loans or convert Existing Converted Loans to Term Loans shall not relieve any other Lender of its obligations to continue Existing Outstanding Term Loans and convert Existing Converted Loans to Term Loans on the Closing Date; nor shall it impose any additional liability on any other Lender hereunder.

  • The obligations of each Lender to continue Existing Outstanding Term Loans and convert Existing Converted Loans to Term Loans on the Closing Date shall equal such Lender’s Ratable Share of the Closing Date Term Loans; provided that no Lender’s Closing Date Term Loans shall exceed its Term Loan Commitment.

Related to Existing Converted Loans

  • Affected Loans has the meaning assigned such term in Section 5.05.

  • Permitted Loans means:

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

  • Committed Loans means loans made pursuant to Section 2.1(a).

  • Existing Loans has the meaning specified in Section 2.19(a).

  • Revolving Loans as defined in Section 2.4(a).

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

  • Term Loans means, collectively, the Tranche A Term Loans and the Tranche B Term Loans.

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

  • Fixed Rate Loans means Euro-Dollar Loans or Money Market Loans (excluding Money Market LIBOR Loans bearing interest at the Base Rate pursuant to Section 8.01(a)) or any combination of the foregoing.

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

  • Existing Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).

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

  • Eurodollar Loans Loans the rate of interest applicable to which is based upon the Eurodollar Rate.

  • Refinancing Revolving Loans means one or more Classes of Revolving Loans that result from a Refinancing Amendment.

  • New Revolving Loans as defined in Section 2.25.

  • Affected Loan has the meaning specified in Section 3.04.

  • Refinancing Loans means any Refinancing Term Loans or Refinancing Revolving Loans.

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Term B-1 Loans has the meaning specified in Section 2.01(a)(ii).

  • Extended Revolving Loans has the meaning assigned to such term in Section 2.23(a).

  • Eurodollar Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Adjusted LIBOR Rate in accordance with the provisions of Article II.

  • Term B Loans means (a) the term loans made by the Lenders to the Borrower pursuant to Section 2.01(a), and (b) any Incremental Term Loans in the form of Term B Loans made by the Incremental Term Lenders to the Borrower pursuant to Section 2.01(c).

  • LIBOR Rate Loans means the Loans bearing interest with reference to the LIBOR Rate.

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

  • Incremental Loans has the meaning assigned to such term in Section 2.22(a).