First Amendment Term Loan definition

First Amendment Term Loan is defined in Section 2.2(a)(ii)

First Amendment Term Loan has the meaning specified therefor in Section 2.2(b) of the Agreement.

First Amendment Term Loan means the term loan, in the aggregate principal amount of $50,000,000, made by the Lenders on the Amendment No. 1 Effective Date.

Examples of First Amendment Term Loan in a sentence

• The Company may from time to time prior to the Term Loan Termination Date request that the Lender make a Term Loan by delivering to the Lender, not later than 11:00 a.m. seven (7) Business Days prior to the proposed borrowing date (or, solely in the case of the First Amendment Term Loan, three (3) Business Days prior to the First Amendment Funding Date), a duly completed Loan Request.

• The Company may from time to time prior to the Term Loan Commitment Termination Date request that the Lender make a Term Loan by delivering to the Lender, not later than 11:00 a.m. seven (7) Business Days prior to the proposed borrowing date (or, solely in the case of the First Amendment Term Loan, three (3) Business Days prior to the First Amendment Funding Date), a duly completed Loan Request.

• The First Amendment Term Loan (as defined in the Senior Credit Agreement) may be funded pursuant to the Senior Credit Agreement if and only if all Term Loans under this Agreement shall have been funded in full.

More Definitions of First Amendment Term Loan

First Amendment Term Loan means, subject to the terms and conditions set forth herein and in the First Amendment, the Term Loan to be made on the Paragon Acquisition Effective Date.

First Amendment Term Loan as defined in the First Amendment.

First Amendment Term Loan means as defined in Section 2.1(c).

First Amendment Term Loan means each loan advanced by a Lender on the First Amendment Date. For purposes of clarification, any calculation of the aggregate outstanding principal amount of the First Amendment Term Loan on any date of determination shall mean the aggregate principal amount of the First Amendment Term Loan made pursuant to Section 2.01(b) that has not yet been repaid as of such date.

First Amendment Term Loan has the meaning set forth in the Icagen-T Credit Agreement.

First Amendment Term Loan has the meaning set forth in the recitals.

First Amendment Term Loan in an amount equal to such Lender’s First Amendment Term Loan Commitment, which aggregate original principal amount of all First Amendment Term Loans on the First Amendment Effective Date shall equal $20,000,000 (which for the avoidance of doubt shall reduce the cap on the amount of Incremental Term Loans set forth in Section 2.27(a) of the Credit Agreement). The First Amendment Term Loan shall be applied in accordance with the sources and uses delivered to the Administrative Agent on or prior to the First Amendment Effective Date.