First Additional Term Loan definition

First Additional Term Loan has the meaning assigned thereto in the First Incremental Term Facility Amendment.
First Additional Term Loan means a Loan that is made pursuant to clause (c) of Section 2.01 on the Amendment No. 1
First Additional Term Loan has the meaning assigned to such term in the First Amendment.

Examples of First Additional Term Loan in a sentence

  • Subject to the terms and conditions set forth herein, during the First and Second Additional Funding Availability Period, each Term Lender agrees to make a First Additional Term Loan to the Borrower on the First Additional Funding Date denominated in Dollars in a principal amount equal to its First Additional Term Loan Commitment.

  • The First Additional Term Loan Commitment of each Lender shall be automatically and permanently reduced to $0 upon the earlier of (i) the making of such Xxxxxx’s First Additional Term Loans on the First Additional Funding Date and (ii) the expiration of the First and Second Additional Funding Availability Period.

  • Subject to the terms and conditions set forth in the Credit Agreement, each Increase Lender severally agrees to make a First Additional Term Loan to the Borrowers on a joint and several basis on the First Additional Term Loan Effective Date (which date shall be the same as the Second Amendment Effective Date).

  • The First Additional Term Loan Commitment of each Lender shall be automatically and permanently reduced to $0 upon the earlier of (i) the making of such Lender’s First Additional Term Loans on the First Additional Funding Date and (ii) the expiration of the First and Second Additional Funding Availability Period.

  • SECOND AMENDED AND RESTATED TERM LOAN AGREEMENT AGENTS: THE BANK OF NEW YORK, Individually and as Administrative Agent and Collateral Agent By: --------------------------------- Name: ------------------------------- Title: ------------------------------ First Additional Term Loan Pro Rata Share: [Intentionally Omitted] TOTAL RENAL CARE HOLDINGS, INC.

  • The Original Term Loan shall be due and payable in full on the Maturity Date, the First Additional Term Loan shall be due and payable in full on the First Additional Term Loan Maturity Date and the Second Additional Term Loan shall be due and payable in full on the Second Additional Term Loan Maturity Date, in each case without defense, set off or counterclaim of any sort.

  • The proceeds of the Firsts Additional Term Loans shall be used (i) to refinance the Initial Term Loans on the First Additional Term Loan Effective Date and (ii) to finance the acquisition of all of the capital stock of Imagine Technology Group, Inc.

  • Xxxxxx Title: Vice President First Additional Term Loan Commitment: $0.00 ------------------------------------- First Additional Term Loan Pro Rata Share: 0.00% ----------------------------------------- Pro Rata Share: 0.3750% -------------- Domestic Lending Office: Franklin Xxxxxxxxx Worldwide ----------------------- 000 Xxxxxxxx Xxxxxx Xxxx.

  • The First Additional Term Loans shall be funded on the First Additional Term Loan Effective Date by each Lender with a Term Loan Commitment in a principal amount equal to such Lender’s Term Loan Percentage of the aggregate principal amount of the First Additional Term Loans, which aggregate principal amount shall equal the total Term Loan Commitment as of the First Additional Term Loan Effective Date.

  • Subject to its receipt of the notice referred to in the preceding sentence, each New Lender will make the amount of its First Additional Term Loan Pro Rata Share of the First Additional Term Loans available to the Administrative Agent for the account of the Borrower at the office of the Administrative Agent set forth in Section 11.2 not later than 12:00 Noon on the relevant Borrowing Date requested by the Borrower, in funds immediately available to the Administrative Agent at such office.


More Definitions of First Additional Term Loan

First Additional Term Loan has the meaning specified in Section 1.1(b).
First Additional Term Loan has the meaning given such term in Section 2.1. “First Additional Term Loan Installment Date” means November 13, 2013.

Related to First Additional Term Loan

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

  • Extended Term Loan shall have the meaning assigned to such term in Section 2.21(e).

  • Additional Term Loans means any term loan added pursuant to Section 2.22, 2.23 or 9.02(c)(i).

  • Initial Term Loan shall have the meaning provided in Section 2.1(a).

  • Additional Term Lender means any Lender with an Additional Term Loan Commitment or an outstanding Additional Term Loan.

  • Additional Term Loan Commitment means any term commitment added pursuant to Sections 2.22, 2.23 and/or 9.02(c)(i).

  • Extended Term Loans has the meaning specified in Section 2.15(a).

  • Incremental Term Loan has the meaning set forth in Section 2.14(b).

  • New Term Loan shall have the meaning provided in Section 2.14(c).

  • Original Term Loans means the "Term Loans" under, and as defined in, the Original Credit Agreement.

  • Initial Term Loans means the term loans made by the Lenders on the Closing Date to the Borrower pursuant to Section 2.01(a).

  • Incremental Term Note means a promissory note made by the Borrower in favor of an Incremental Term Lender evidencing Incremental Term Loans made by such Lender, substantially in the form of Exhibit B-2.

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

  • Initial Term Lender means any Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • ABR Term Loan means any Term Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.

  • Initial Term Loan Commitment means, in the case of each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(a) as such Lender’s Initial Term Loan Commitment. The aggregate amount of the Initial Term Loan Commitments as of the Closing Date is $795,000,000.

  • Extended Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Incremental Term Loan Amount means, at any time, the excess, if any, of (a) $25,000,000 over (b) the sum of (i) the aggregate increase in the Revolving Credit Commitments established at or prior to such time pursuant to Section 2.24 and (ii) the aggregate amount of all Incremental Term Loan Commitments established prior to such time pursuant to Section 2.25.

  • Incremental Term Loans has the meaning specified in Section 2.14(a).

  • Total Initial Term Loan Commitment means the sum of the Initial Term Loan Commitments of all Lenders.

  • Incremental Term Loan Note means a promissory note made by the Borrower in favor of an Incremental Term Lender evidencing the Incremental Term Loans made by such Incremental Term Lender, and any amendments, supplements and modifications thereto, any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part.

  • Adjusted Total Term Loan Commitment means at any time the Total Term Loan Commitment less the Term Loan Commitments of all Defaulting Lenders.

  • Initial Term Loan Facility means the Initial Term Loan Commitments and the provisions herein related to the Initial Term Loans.

  • Incremental Term A Loans has the meaning specified in Section 2.14(a).

  • Incremental Term Loan Assumption Agreement means an Incremental Term Loan Assumption Agreement in form and substance reasonably satisfactory to the Administrative Agent, among the Borrower, the Administrative Agent and one or more Incremental Term Lenders.

  • Total Term Loan Commitment means the sum of the amounts of the Lenders’ Term Loan Commitments.