First Amendment Term Loans definition

First Amendment Term Loans has the meaning specified in the First Amendment.
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First Amendment Term Loans means the term loans originally made to the Borrowers on the First Amendment Effective Date in an initial aggregate amount of $123,300,000.
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First Amendment Term Loans has the meaning assigned to such term in the First Amendment. For the avoidance of doubt, the First Amendment Term Loans shall constitute Incremental Term Loans.
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Examples of First Amendment Term Loans in a sentence

  • Upon the making of the First Amendment Term Loans hereunder, the Administrative Agent shall record in the Register the First Amendment Term Loans made by the First Amendment Term Lenders hereunder.

  • On the First Amendment Maturity Date or on the earlier repayment of the First Amendment Term Loans in full (provided that such earlier repayment occurs after December 31, 2019), the Borrower agrees to pay to the Administrative Agent for distribution to the Lenders a fee equal to five percent (5%) of the aggregate outstanding principal amount of the First Amendment Term Loan (the “Exit Fee”).

  • Subject to the terms and conditions hereof, each Lender with a First Amendment Term Loan Commitment severally agrees to make the First Amendment Term Loan on the First Amendment Effective Date in an amount equal to such Xxxxxx’s First Amendment Term Loan Commitment, such that after giving effect to the First Amendment Term Loans, the aggregate outstanding principal balance of the Term Loans (inclusive of the Term Loans funded on the Closing Date) shall be $120,000,000.00.

  • Such First Amendment Term Loans shall be used for the Approved Use of Proceeds.

  • The First Amendment Term Loans may consist of Base Rate Loans, Adjusted LIBOR Rate Loans, or a combination thereof, as the Borrower may request.

  • Amounts repaid on the First Amendment Term Loans may not be reborrowed.

  • Notwithstanding anything herein or in the Amended Credit Agreement to the contrary, the aggregate principal amount of the First Amendment Term Loans consisting of Tranche B- 1 Term Loans and/or Tranche B-2 Term Loans, as applicable and in each case under and as defined in the Amended Credit Agreement, will not exceed the aggregate principal amount of the Existing Term Loans consisting of Tranche B-1 Term Loans or Tranche B- 2 Term Loans, as applicable.

  • Notwithstanding anything herein or in the Amended Credit Agreement to the contrary, the aggregate principal amount of the First Amendment Term Loans will not exceed the aggregate principal amount of the Existing Term Loans outstanding immediately prior to the First Amendment Effective Date.

  • The proceeds of the First Amendment Term Loans made on the First Amendment Effective Date, together with cash on hand, will be used solely (i) to finance the First Alert Acquisition, (ii) pay fees, costs and expenses incurred in connection with the First Alert Acquisition and this Amendment and (iii) for working capital and other general corporate purposes.

  • The interest on the New Additional Term Loan will accrue from and including the date of the making of the New Additional Term Loan at the same per annum rate as the First Amendment Term Loans for the Interest Period that will end concurrently with the end of the Interest Period for the First Amendment Term Loans (notwithstanding anything in the definition of the Interest Period to the contrary).


More Definitions of First Amendment Term Loans

First Amendment Term Loans means the term loans originally made to the Borrowers on the First Amendment Effective Date in an initial aggregate
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First Amendment Term Loans means the “Additional Term Loans” under and as defined in the First Amendment. For the avoidance of doubt, such First Amendment Term Loans shall be deemed to be the same Class of Term Loans as the Closing Date Term Loans.
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First Amendment Term Loans has the meaning assigned to such term in the First Amendment. For the avoidance of doubt, the First Amendment Term Loans shall constitute Incremental Term Loans. “First Amendment Transactions” has the meaning assigned to such term in the First Amendment. “Flood Insurance Laws” means, collectively, (i) the National Flood Insurance Act of 1968 as now or hereafter in effect or any successor statute thereto, (ii) the Flood Disaster Protection Act of 1973 as now or hereafter in effect or any successor statue thereto, (iii) the National Flood Insurance Reform Act of 1994 as now or hereafter in effect or any successor statute thereto, and (iv) the Flood Insurance Reform Act of 2004 as now or hereafter in effect or any successor statute thereto. “Foreign Lender” means any Lender which is not a United States person as defined in Section 7701(a)(30) of the Code. “Foreign Subsidiary” means any direct or indirect Restricted Subsidiary of the Lead Borrower or any Guarantor which is not a Domestic Subsidiary. “Fourth Amendment” means the Fourth Amendment to Credit Agreement dated as of August 8, 2022, among Lead Borrower, Parent, the other Guarantors party thereto, the financial institutions party thereto as Lenders and the Administrative Agent. “Fourth Amendment Effective Date” has the meaning assigned to such term in the Fourth
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First Amendment Term Loans means the Term Loans made to one or more Borrowers on the First Amendment Effective Date pursuant to the First Amendment in the principal amount of €250,000,000.
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First Amendment Term Loans and, together with the Original Term Loans, the “Existing Term Loans”);
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First Amendment Term Loans has the meaning assigned to such term in the First Amendment. For the avoidance of doubt, the First Amendment Term Loans shall constitute Incremental Term Loans. “First Amendment Transactions” has the meaning assigned to such term in the First Amendment. “Flood Insurance Laws” means, collectively, (i) the National Flood Insurance Act of 1968 as now or hereafter in effect or any successor statute thereto, (ii) the Flood Disaster Protection Act of 1973 as now or hereafter in effect or any successor statue thereto, (iii) the National Flood Insurance Reform Act of 1994 as now or hereafter in effect or any successor statute thereto, and (iv) the Flood Insurance Reform Act of 2004 as now or hereafter in effect or any successor statute thereto. “Floor” means 1.00% per annum. “Foreign Lender” means any Lender which is not a United States person as defined in Section 7701(a)(30) of the Code. “Foreign Subsidiary” means any direct or indirect Restricted Subsidiary of the Lead Borrower 43
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Related to First Amendment Term Loans

  • Third Amendment Date means June 23, 2020.

  • New Term Loans as defined in Section 2.24.

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

  • First Amendment Date means February 21, 2019.

  • Fourth Amendment Date means April 30, 2021.

  • Second Amendment Date means February 26, 2019.

  • 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 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.

  • Tranche B Term Loans means the Loans made by Lenders to Company pursuant to subsection 2.1A(ii).

  • Replacement Term Loans has the meaning specified in Section 10.01.

  • First Amendment means that certain First Amendment to Credit Agreement, dated as of February 27, 2017, among the Loan Parties, the Administrative Agent and the Lenders party thereto.

  • Incremental Facility Agreement means an Incremental Facility Agreement, in form and substance reasonably satisfactory to the Administrative Agent, among the Borrower, the Administrative Agent and one or more Incremental Lenders, establishing Incremental Term Loan Commitments of any Series or Incremental Revolving Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.20.

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

  • Sixth Amendment means the Sixth Amendment to Amended and Restated Senior Secured Credit Agreement, dated as of November 5, 2021, by and among Administrative Agent, Collateral Agent, Lenders, the Borrower, Parent and Guarantors.

  • Fourth Amendment Closing Date the date on which all the conditions precedent set forth in Section 3 of the Fourth Amendment shall be satisfied or waived.

  • Third Amendment means that certain Third Amendment to Amended and Restated Credit Agreement dated as of the Third Amendment Effective Date, among the Borrower, the Guarantors party thereto, the Administrative Agent and the Lenders party thereto.

  • Incremental Term Loan Amendment has the meaning assigned to such term in Section 2.20.

  • Eighth Amendment means the Eighth Amendment to Second Amended and Restated First Lien Credit Agreement dated as of May 23, 2014 among the Borrower, EPL, the Lenders, the Administrative Agent and the other Persons party thereto.

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

  • New Term Facility has the meaning specified in Section 2.14(a).

  • Third Amendment Closing Date has the meaning assigned to such term in the Third Amendment.

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

  • Fifth Amendment means the Fifth Amendment to Fifth Amended and Restated Credit Agreement dated as of August 25, 2016, among the Borrower, the Lenders party thereto, the Administrative Agent and the other Persons party thereto.

  • Fourth Amendment means that certain Fourth Amendment to Credit Agreement, dated as of August 17, 2017, among Holdings, the Borrower, the Administrative Agent and the Lenders and other Credit Parties party thereto.

  • New Term Loan Facility means the facility providing for the Borrowing of New Term Loans.

  • Second Amendment Closing Date has the meaning assigned to such term in the Second Amendment.