Initial Euro Term Loan definition

Initial Euro Term Loan shall have the meaning provided in Section 2.1(a).
Initial Euro Term Loan means the Euro denominated term loan made, or to be made, to the German Borrower by the Lenders pursuant to the First Restatement Agreement and Section 2.01(a)(vi).
Initial Euro Term Loan means (i) prior to the Amendment No. 1 Effective Date, the loans made in Euros pursuant to Section 2.01(i)(y) and (ii) on and after the Amendment No. 1 Effective Date, the Amendment No. 1 Euro Term Loans.

Examples of Initial Euro Term Loan in a sentence

  • Each Borrowing of Initial Euro Term Loans under this Agreement shall be made by the Lenders pro rata on the basis of their then-applicable Initial Euro Term Loan Commitments with respect to the applicable Class.

  • Subject to the terms and conditions set forth herein, each Lender having an Initial Euro Term Loan Commitment severally and not jointly agrees to make a loan or loans denominated in Euros (each, an “Initial Euro Term Loan”) to Borrower on the Closing Date, which Initial Euro Term Loans shall not exceed for any such Lender the Initial Euro Term Loan Commitment of such Lender and in the aggregate shall not exceed €230,000,000.

  • The Additional Lender, the Borrowers and the Administrative Agent acknowledge and agree that the [Additional Initial Term B-3 Commitment] [and] [the Additional Initial 2017 Euro Term Commitment] provided pursuant to this Agreement shall constitute an [Initial Euro Term Loan] [and] [an Initial Term B Loan] for all purposes of the Credit Agreement and the other applicable Loan Documents.

  • The Initial Euro Term Loan Commitments shall automatically terminate upon the making of the Initial Euro Term Loans on the First Restatement Effective Date.

  • On the Closing Date (after giving effect to the funding of the Initial Euro Term Loans to be made on such date), the Initial Euro Term Loan Commitments of each Term Lender with an Initial Euro Term Loan Commitment as of the Closing Date will automatically and permanently terminate.

  • Post-Closing Settlement Option ☐ to have 100% of the outstanding principal amount of the Initial Euro Term Loans held by such Initial Euro Term Loan Lender prepaid on the Amendment No. 2 Effective Date and purchase by assignment the principal amount of Tranche B-1 Euro Term Loans committed to separately by the undersigned (or such lesser amount allocated to such Lender by the Amendment No. 2 Arrangers (as defined in the Amendment)).


More Definitions of Initial Euro Term Loan

Initial Euro Term Loan collectively, the Original Initial Euro Term Loans, the Tranche C Term Loans and the Tranche D Term Loans.”

Related to Initial Euro Term Loan

  • Initial Term Loan Commitment means the commitment of an Initial Term Lender under the Original Credit Agreement to make or otherwise fund an Initial Term Loan and “Initial Term Loan Commitments” means such commitments of all Initial Term Lenders in the aggregate. The aggregate amount of the Term Loan Commitments was $2,000,000,000 on the Closing Date before the funding of any Term Loans.

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

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

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

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

  • Initial Term Facility means the Initial Term Loan Commitments and the Initial Term Loans made hereunder.

  • Initial Term Commitment means, as to each Term Lender, its obligation to make an Initial Term Loan to the Borrowers pursuant to Section 2.01(a) in an aggregate amount not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 (as in effect on the Closing Date) under the caption “Initial Term Commitment,” as such amount may be adjusted from time to time in accordance with this Agreement. The initial aggregate amount of the Initial Term Commitments is $350,000,000.

  • Other Term Commitments means one or more Classes of term loan commitments hereunder that result from a Refinancing Amendment or Loan Modification Agreement.

  • Delayed Draw Term Loan Commitment means the commitment of a Lender to make or otherwise fund a Delayed Draw Term Loan Commitment, and “Delayed Draw Term Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s Delayed Draw Term Loan Commitment, if any, is set forth on Appendix A or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Delayed Draw Term Loan Commitments as of the Closing Date is Twenty Million Dollars ($20,000,000.00).