Extended Term Loan definition
Examples of Extended Term Loan in a sentence
For purposes of this Agreement and the other Loan Documents, such Extending Lender will be deemed to have an Incremental Term Loan having the terms of such Extended Term Loan.
Each Pro Rata Extension Offer shall specify the date on which the Borrower or such Co-Borrower proposes that the Extended Term Loan shall be made, which shall be a date not earlier than five Business Days after the date on which notice is delivered to the Administrative Agent (or such shorter period agreed to by the Administrative Agent in its reasonable discretion).
Each Pro Rata Extension Offer shall specify the date on which the Borrower proposes that the Extended Term Loan shall be made, which shall be a date not earlier than five Business Days after the date on which notice is delivered to the Administrative Agent (or such shorter period agreed to by the Administrative Agent in its reasonable discretion).