First Amendment Term Loans definition
First Amendment Term Loans has the meaning specified in the First Amendment.
First Amendment Term Loans means the term loans originally made to the Borrowers on the First Amendment Effective Date in an initial aggregate amount of $123,300,000.
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.
Examples of First Amendment Term Loans in a sentence
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.
More Definitions of First Amendment Term Loans
First Amendment Term Loans means individually each term loan, and collectively the term loans, made by the First Amendment Term Loan Lenders to the Borrowers on the First Amendment Effective Date pursuant to Section 2.01(a).
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.
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
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.
First Amendment Term Loans means the term loans originally made to the Borrowers on the First Amendment Effective Date in an initial aggregate
First Amendment Term Loans due and payable on the First Amendment Term Maturity Date; provided, the Borrower may exercise the Term-Out only once during the term of this Agreement, and such exercise shall result in the permanent termination of the First Amendment Revolving Commitments; provided further, that the Borrower’s exercise of the Term-Out (if at all) is subject to the satisfaction of the following conditions: (i) the Administrative Agent shall have received a certificate of the Borrower dated the effective date of the Term-Out signed by a Financial Officer of the Borrower, certifying that: (A) the resolutions adopted by the Borrower approving or consenting to the Term-Out are attached thereto and such resolutions are true and correct and have not been altered, amended or repealed and are in full force and effect and (B) before and after giving effect to the Term-Out, (I) the representations and warranties of the Borrower set forth in this Agreement shall be true and correct in all material respects (except that any representation or warranty which is already qualified as to materiality or by reference to Material Adverse Effect shall be true and correct in all respects) on and as of the effective date of the Term-Out, except to the extent such representations and warranties expressly relate to any earlier date, in which case such representations and warranties were true and correct in all material respects (except that any representation or warranty which is already qualified as to materiality or by reference to Material Adverse Effect shall be true and correct in all respects) as of such earlier date and (II) no Default or Event of Default shall have occurred and be continuing, and (ii) the Administrative Agent shall have received all fees and other amounts due and payable on or prior to the effective date of the Term-Out, including, the Term-Out Fee in accordance with Section 2.12(d), and, to the extent invoiced, reimbursement or payment of all out-of-pocket 41
First Amendment Term Loans and, together with the Original Term Loans, the “Existing Term Loans”);