Existing Term Loan Tranche definition

Existing Term Loan Tranche has the meaning set forth in Section 2.16(a).
Existing Term Loan Tranche as defined in Section 2.26(a).

Examples of Existing Term Loan Tranche in a sentence

  • Any Extended Term Loans converted pursuant to any Extension Request shall be designated a series (each, an “Extension Series”) of Extended Term Loans for all purposes of this Agreement; provided that, subject to the requirements set forth above any Extended Term Loans converted from an Existing Term Loan Tranche may, to the extent provided in the applicable Extension Amendment, be designated as an increase in any previously established Tranche of Term Loans.

  • No Lender shall have any obligation to agree to have any of its Term Loans of any Existing Term Loan Tranche converted into Extended Term Loans pursuant to any Extension Request.


More Definitions of Existing Term Loan Tranche

Existing Term Loan Tranche shall have the meaning provided in Section 2.13(a)
Existing Term Loan Tranche has the meaning assigned to such term in Section 2.23(a).
Existing Term Loan Tranche has the meaning assigned to such term in Section 3.06(a).
Existing Term Loan Tranche has the meaning set forth in Section 2.18(a). “Extending Term Lender” has the meaning set forth in Section 2.18(a)(iii). 29
Existing Term Loan Tranche has the meaning specified therefor in Section 2.16 of the Agreement.
Existing Term Loan Tranche has the meaning set forth in Section 2.16(a). “Expiring Credit Commitment” has the meaning set forth in Section 2.04(g).
Existing Term Loan Tranche has the meaning provided in Section 2.21(a). “Extended Term Loans”: has the meaning provided in Section 2.21(a). “Extending Term Lender”: has the meaning provided in Section 2.21(b). “Extension”: the establishment of an Extension Series by amending a Commitment or Loan pursuant to Section 2.21 and the applicable Extension Amendment. “Extension Amendment”: has the meaning provided in Section 2.21(c). “Extension Election”: has the meaning provided in Section 2.21(b). “Extension Minimum Condition”: a condition to consummating any Extension that a minimum amount (to be determined and specified in the relevant Extension Request, in the Borrower’s sole discretion) of any or all applicable Classes be submitted for Extension. “Facility”: (a) the Initial Term Loan Facility or (b) any other given Class of Term Loans. “Fair Market Value”: with respect to any asset or group of assets on any date of determination, the value of the consideration obtainable in a sale of such asset at such date of determination assuming a sale by a willing seller to a willing purchaser dealing at arm’s length and arranged in an orderly manner over a reasonable period of time having regard to the nature and characteristics of such asset, as reasonably determined in good faith by the Borrower, which determination will be conclusive (unless otherwise provided in this Agreement). “FASB”: the Financial Accounting Standards Board of the American Institute of Certified Public Accountants. “FATCA”: as defined in Section 2.17(a). “FCPA”: as defined in Section 3.22(b). “Federal Funds Rate”: for any day, the rate per annum equal to the weighted average of the rates on overnight Federal funds transactions with members of the Federal Reserve System, as published by the Federal Reserve Bank of New York on the Business Day next succeeding such day; provided, (a) if such day is not a Business Day, the Federal Funds Rate for such day shall be such rate on such transactions on