Extended Term Tranche as defined in Subsection 2.10(a).
Extended Term Tranche has the meaning specified in Section 2.16(a).
Extended Term Tranche as defined in Section 2.26(a).
Examples of Extended Term Tranche in a sentence
Any resistance Which is nevertheless offered Will be broken by all means available.
Any Extended Term Tranche shall constitute a separate Tranche of Term Loans from the Specified Existing Term Tranches and from any other Existing Term Tranches (together with any other Extended Term Tranches so established on such date).
No Lender shall have any obligation to agree to have any of its Existing Term Loans converted into an Extended Term Tranche pursuant to any Extension Request.
No Extension Amendment shall provide for any Extended Term Tranche in an aggregate principal amount that is less than $15.0 million.
No Extension Amendment shall provide for any Extended Term Tranche in an aggregate principal amount that is less than $5,000,000 (or such lower principal amount as agreed to by the Administrative Agent in its reasonable discretion).
More Definitions of Extended Term Tranche
Extended Term Tranche or “Extended Revolving Credit Tranche”, as applicable, and each an “Extended Tranche”, and the Term Loans, Revolving Credit Commitments or Revolving Credit Loans, as applicable, of such Extended Tranches, the “Extended Term Loans”, “Extended Revolving Credit Commitments” or “Extended Revolving Credit Loans”, as applicable and, collectively, the “Extended Loans”) and to provide for other terms consistent with this Section 2.16; provided that
Extended Term Tranche or “Extended Revolving Credit Tranche”, as applicable, and each an “Extended Tranche”, and the Term Loans, Revolving Credit Commitments or Revolving Credit Loans, as applicable, of such Extended Tranches, the “Extended Term Loans”, “Extended Revolving Credit Commitments” or “Extended Revolving Credit Loans”, as applicable and, collectively, the “Extended Loans”) and to provide for other terms consistent with this Section 2.16; provided that (i) no Event of Default pursuant to Section 9.01(a), (f) or (g) shall have occurred and be continuing at the time of such extension or would exist after giving effect to such extension, (ii) any such request shall be made by ESI to all Lenders within any one or more Tranches of Term Loans or Revolving Credit Commitments and Revolving Credit Loans, as applicable, (whether under one or more Tranches) on a pro rata basis (based on the aggregate outstanding principal amount of the applicable Term Loans or on the aggregate Revolving Credit Commitments within any one or more Tranches, as applicable) and (iii) any applicable Minimum Extension Condition shall be satisfied unless waived by the Borrowers in its sole discretion. In order to establish any Extended Tranche, the Borrowers shall provide a notice to the Administrative Agent (who shall provide a copy of such notice to each of the Lenders of the applicable Existing Tranche) (an “Extension Request”) setting forth the proposed terms of the Extended Tranche to be established, which terms shall be substantially similar, when taken as a whole, to those applicable to the Existing Tranche from which they are to be extended (the “Specified Existing Tranche”), except (x) all or any of the final maturity dates of such Extended Tranches may be delayed to later dates than the final maturity dates of the Specified Existing Tranche, (y) (A) the interest margins with respect to the Extended Tranche may be higher or lower than the interest margins for the Specified Existing Tranche and/or (B) additional fees may be payable to the Lenders providing such Extended Tranche in addition to or in lieu of any increased margins contemplated by the preceding clause (A) and (z) in the case of an Extended Term Tranche, so long as the weighted average life to maturity of such Extended Tranche would be no shorter than the remaining weighted average life to maturity of the Specified Existing Tranche, amortization rates with respect to the Extended Term Tranche may be higher or lower than the amortizat...
Extended Term Tranche has the meaning set forth in Section 2.22(a). “Extended Tranche” has the meaning set forth in Section 2.22(a). “Extending Lender” has the meaning set forth in Section 2.22(b).
Extended Term Tranche as defined in Section 2.26(a). “Extended Tranche”: as defined in Section 2.26(a). “Extending Lender”: as defined in Section 2.26(b). “Extension”: as defined in Section 2.26(b). “Extension Amendment”: as defined in Section 2.26(c). “Extension Date”: as defined in Section 2.26(d). 21 [[6103614]]
Extended Term Tranche as defined in subsection 2.5(a). “Extended Tranche”: as defined in subsection 2.5(a). “Extending Lender”: as defined in subsection 2.5(b). “Extension”: as defined in subsection 2.5(b).
Extended Term Tranche as defined in Section 2.26(a). Except as expressly set forth herein, the 2020 Extended Term Loan Facility shall be deemed to be an Extended Term Tranche for all purposes of this Agreement.
Extended Term Tranche as defined in Subsection 2.10(a). “Extending Lender”: as defined in Subsection 2.10(b). “Extension”: as defined in Subsection 2.10(b). “Extension Amendment”: as defined in Subsection 2.10(c). “Extension Date”: as defined in Subsection 2.10(d). “Extension Election”: as defined in Subsection 2.10(b). “Extension of Credit”: as to any Lender, the making of an Initial Term Loan (excluding any Supplemental Term Loans being made under the Initial Term Loan Tranche). “Extension Request”: as defined in Subsection 2.10(a). “Extension Request Deadline”: as defined in Subsection 2.10(b). “Extension Series”: all Extended Term Loans that are established pursuant to the same Extension Amendment (or any subsequent Extension Amendment to the extent such 34 Extension Amendment expressly provides that the Extended Term Loans provided for therein are intended to be part of any previously established Extension Series) and that provide for the same interest margins and amortization schedule. “Facility”: each of (a) the Initial Term Loan Commitments and the Extensions of Credit made thereunder (the “Initial Term Loan Facility”), (b) Incremental Term Loans of the same Tranche, (c) any Extended Term Loans of the same Extension Series and (d) any Specified Refinancing Term Loans of the same Tranche, and collectively the “Facilities.” “Fair Market Value”: with respect to any asset or property, the fair market value of such asset or property as determined in good faith by the Borrower or the Board of Directors, whose determination shall be conclusive. “FATCA”: Sections 1471 through 1474 of the Code as in effect on the Closing Date (and any amended or successor provisions that are substantively comparable), and any regulations, official interpretations thereof or other administrative authority promulgated thereunder, any agreements entered into pursuant to Section 1471(b)(1) of the Code, any intergovernmental agreement, treaty or convention among Governmental Authorities entered into in connection with any of the foregoing and any fiscal or regulatory legislation, rules or practices adopted pursuant to any such intergovernmental agreement, treaty or convention. “Federal District Court”: as defined in Subsection 11.13(a). “Federal Funds Effective Rate”: for any day, the rate calculated by the NYFRB based on such day’s federal funds transactions by depository institutions (as determined in such manner as the NYFRB shall set forth on its public website from time to time) and published on...