Existing Term Loan Agreement definition
Examples of Existing Term Loan Agreement in a sentence
The Banks’ interests in such obligations under the Existing Term Loan Agreement shall be reallocated and continued in a cashless roll transaction on the Effective Date in accordance with each Bank's Pro Rata Share.
This Agreement shall supersede the Existing Term Loan Agreement in its entirety, except as provided in this Section 12.26.
Each Bank agrees to waive any amounts that would have otherwise been payable pursuant to Section 3.05 of the Existing Term Loan Agreement as a result of the conversion of any Term Benchmark Loans (as defined in the Existing Term Loan Agreement) on the Effective Date.
All interest and all fees and expenses owing or accruing under or in respect of the Existing Term Loan Agreement shall be calculated as of the Effective Date (prorated in the case of any fractional periods), and shall be paid on the Effective Date in accordance with the method specified in the Existing Term Loan Agreement as if such agreement were still in effect.