Extension Loans definition

Extension Loans as defined in Section 2.22.
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Extension Loans has the meaning assigned to that term in Section 2.11(a).
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Extension Loans. The term "Extension Loans" is hereby deleted in its entirety.
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Examples of Extension Loans in a sentence

  • In connection with each Extension, the Borrower will provide notification to Administrative Agent (for distribution to the applicable Lenders), no later than 30 days (or such shorter period as Administrative Agent may agree) prior to the maturity of the applicable Loans to be extended of the requested new maturity date for the proposed Extension Loans (each an “Extended Maturity Date”) and the due date for Lender responses.

  • All Extension Loans and all obligations in respect thereof shall be Obligations under this Agreement and the other Loan Documents that are secured by the Collateral on a pari passu basis with all other applicable Obligations under this Agreement and the other Loan Documents.

  • The term of any Extension Amendment shall be binding upon only the Lenders agreeing to participate in the Extension Offer and then, only with respect to the Extension Loans of such Lenders.

  • All Extension Loans and all obligations in respect thereof shall be Obligations under this Agreement and the other Loan Documents that are secured by the Collateral on a pari passu basis with the Obligations.

  • Administrative Agent and the Lenders (including Incremental Lenders) hereby consent to each Extension and the other transactions contemplated by this Section 2.13 (including, without limitation, Section 9.5 and Section 9.6) payment of any interest or fees in respect of any Extension Loans, provided that such consent shall not be deemed to be an acceptance of the extension request.

  • At the option of the Payee, at any time on or prior to the Maturity Date, any amounts outstanding under this Note (or any portion thereof), up to $1,500,000 of Working Capital Loans, in the aggregate and subject to availability, and up to $6,900,000 of Trust Extension Loans, in the aggregate and subject to availability, may be converted into warrants to purchase Class A ordinary shares of the Maker at a conversion price (the “Conversion Price”) equal to $1.00 per warrant (the “Warrants”).

  • At the option of the Payee, at any time on or prior to the Maturity Date, any amounts outstanding under this Note (or any portion thereof), up to $1,500,000 of Working Capital Loans, in the aggregate and subject to availability, and up to $6,900,000 of Trust Extension Loans, in the aggregate and subject to availability, may be converted into warrants to purchase Class A ordinary shares of the Maker at a conversion price (the “Conversion Price”), equal to $1.00 per warrant (“Warrants”).

  • The Administrative Agent and the Lenders (including Incremental Lenders) hereby consent to each Extension and the other transactions contemplated by this Section 2.11 (including, without limitation, Sections 9.5 and 9.6) payment of any interest or fees in respect of any Extension Loans, provided that such consent shall not be deemed to be an acceptance of the extension request.

  • The Stockholder hereby covenants and agrees, if any Company Extension Loan(s) is required to be provided by the Company to Acquiror pursuant to the terms of the Merger Agreement, to provide an equivalent amount to the Company to finance such Company Extension Loan(s) (each such amount, a “Stockholder Extension Advance”), if requested by the Company in writing at least five (5) Business Days prior to the funding date of such Company Extension Loan.

  • The Case Extension Commitments shall be permanently reduced by the amount of each Case Extension Loan when made and amounts paid or prepaid in respect of the Case Extension Loans may not be reborrowed.


More Definitions of Extension Loans

Extension Loans is hereby deleted in its entirety.
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Extension Loans means, to the extent Loan Extension occurs, the Loans, as so converted.
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Extension Loans means any Sponsor Extension Loan or Company Extension Loan.
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Related to Extension Loans

  • Extended Loans shall have the meaning assigned to such term in Section 2.21(a).

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

  • Revolving Facility Loans shall include the Other Revolving Loans.

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

  • Delayed Draw Term Loans has the meaning as set forth in Section 2.5(a).

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

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

  • Revolving Facility Maturity Date means, as the context may require, (a) with respect to the Revolving Facility in effect on the Closing Date, the fifth anniversary of the Closing Date and (b) with respect to any other Classes of Revolving Facility Commitments, the maturity dates specified therefor in the applicable Extension Amendment or Refinancing Amendment.

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

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

  • Revolving Loan Maturity Date means the earliest to occur of (i) the Maturity Date and (ii) the date on which the Revolving Loans become due and payable in accordance with Section 10.02.

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • Delayed Draw Loan A Loan that requires one or more future advances to be made by the Borrower and which does not permit the re-borrowing of any amount previously repaid by the related Obligor; provided that such loan shall only be considered a Delayed Draw Loan for so long as any future funding obligations remain in effect and only with respect to any portion which constitutes a future funding obligation.

  • Delayed Draw Term Loan Lender means a Lender with a Delayed Draw Term Loan Commitment or an outstanding Delayed Draw Term Loan.

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

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

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

  • Term Facility Maturity Date means, as the context may require, (a) with respect to the Term B Facility in effect on the Closing Date, the Term B Facility Maturity Date and (b) with respect to any other Class of Term Loans, the maturity dates specified therefor in the applicable Incremental Assumption Agreement.

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

  • Revolving Facility Loan means a Loan made by a Revolving Facility Lender pursuant to Section 2.01(b). Unless the context otherwise requires, the term “Revolving Facility Loans” shall include the Other Revolving Loans.

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

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.

  • New Revolving Loans as defined in Section 2.25.

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

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

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).