Initial First Lien Term Loan definition

Initial First Lien Term Loan means the secured loans issued in 2017 pursuant to the First Lien Credit Agreement in the aggregate principal amount of $260 million.
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Initial First Lien Term Loan. Representative”) for the First Lien Term Loan Secured Parties (as defined below), ALTER DOMUS (US) LLC (“Alter Domus”), in its capacity as collateral agent under the Second Lien Term Loan Agreement (as defined below) (in such capacity, with its successors and assigns, and as more specifically defined below, the “Initial Second Lien Term Loan Representative”) for the Second Lien Term Loan Secured Parties (as defined below), JPMorgan, in its capacity as collateral agent under the BDK First Lien Term Loan Agreement (as defined below) (in such capacity, with its successors and assigns, and as more specifically defined below, the “BDK First Lien Term Loan Representative”) for the BDK First Lien Term Loan Secured Parties (as defined below), Alter Domus, in its capacity as collateral agent under the BDK Second Lien Term Loan Agreement (as defined below) (in such capacity, with its successors and assigns, and as more specifically defined below, the “BDK Second Lien Term Loan Representative”) for the BDK Second Lien Term Loan Secured Parties (as defined below), each additional First Lien Term Loan Representative and each additional Second Lien Term Loan Representative that from time to time becomes a party hereto, pursuant to the terms hereof, and acknowledged by each of the Loan Parties (as defined below) party hereto.
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Initial First Lien Term Loan has the meaning assigned to such term in the Recitals to this Agreement.
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Examples of Initial First Lien Term Loan in a sentence

  • AII used proceeds from the First Lien Term Loan Facility and approximately $155 million of available cash to (i) repay all outstanding loans under the Initial First Lien Term Loan Facility and the Second Lien Term Loan Facility and (ii) pay related fees and expenses, including accrued interest.

  • For the fiscal year ended September 30, 2017 , the Company recorded a $9,805 loss on the extinguishment of the Initial First Lien Term Loan Facility and the Second Lien Term Loan Facility.

  • The ABL Representative may treat the Initial First Lien Term Loan Representative as the Designated Term Loan Representative hereunder until the Initial First Lien Term Loan Representative notifies the ABL Representative in writing that another Term Loan Representative has become the Designated Term Loan Representative hereunder.

Related to Initial First Lien Term Loan

  • First Lien Term Loans means the “Term Loans” as defined in the First Lien Credit Agreement.

  • Second Lien Term Loans means the “Term Loans” under and as defined in the Second Lien Credit Agreement.

  • Initial Additional First Lien Obligations means the [Obligations] as such term is defined in the Initial Additional First-Lien Security Agreement.

  • Additional First Lien Obligations means all amounts owing to any Additional First-Lien Secured Party (including the Initial Additional First-Lien Secured Parties) pursuant to the terms of any Additional First-Lien Document (including the Initial Additional First-Lien Documents), including, without limitation, all amounts in respect of any principal, premium, interest (including any interest accruing subsequent to the commencement of a Bankruptcy Case at the rate provided for in the respective Additional First-Lien Document, whether or not such interest is an allowed claim under any such proceeding or under applicable state, federal or foreign law), penalties, fees, expenses, indemnifications, reimbursements, damages and other liabilities, and guarantees of the foregoing amounts.

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

  • Tranche B Term Loan Facility as defined in the definition of “Facility” in this Section 1.1.

  • Tranche B Term Loan as defined in Section 2.1.

  • Refinancing Term Lender has the meaning specified in Section 2.15(c).

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

  • Refinancing Term Loan has the meaning specified in Section 2.15(b).

  • Refinancing Term Loan Commitments has the meaning assigned to such term in Section 2.26(a).

  • Refinancing Term Loans means one or more Classes of Term Loans that result from a Refinancing Amendment.

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

  • Closing Date 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(b) as such Lender’s Closing Date Term Loan Commitment. The aggregate amount of the Closing Date Term Loan Commitments as of the Closing Date is $820,000,000.

  • Additional First Lien Documents means, with respect to any Series of Additional First Lien Obligations, the notes, credit agreements, indentures, security documents and other operative agreements evidencing or governing such Indebtedness, and each other agreement entered into for the purpose of securing any Series of Additional First Lien Obligations.

  • Incremental Term Loan Borrowing Date means, with respect to each Class of Incremental Term Loans, each date on which Incremental Term Loans of such Class are incurred pursuant to Section 2.01(b) and as otherwise specified in any amendment providing for Incremental Term Loans in accordance with Section 2.22.

  • Refinancing Term Commitments means one or more term loan commitments hereunder that fund Refinancing Term Loans of the applicable Refinancing Series hereunder pursuant to a Refinancing Amendment.

  • Tranche A Term Loan Lender each Lender that has a Tranche A Term Loan Commitment or is the holder of a Tranche A Term Loan.

  • Incremental Term Loan Facility has the meaning set forth in Section 2.16(a).

  • Additional First Lien Secured Parties means the holders of any Additional First Lien Obligations and any trustee, authorized representative or agent of such Additional First Lien Obligations.

  • Tranche C Term Loan as defined in Section 2.1.

  • First Lien Loan A Mortgage Loan secured by a first lien Mortgage on the related Mortgaged Property.

  • Tranche B Term Loan Lender each Lender that has a Tranche B Term Loan Commitment or is the holder of a Tranche B Term Loan.

  • Term Loan Priority Collateral as defined in the Intercreditor Agreement.

  • ABL/Term Loan Intercreditor Agreement means the Intercreditor Agreement, dated as of the Closing Date, by and among the Administrative Agent, Barclays Bank PLC, as collateral agent under the Term Loan Credit Agreement, Holdings, Borrower and the other Subsidiary Loan Parties party thereto, as amended, restated, supplemented, replaced, refinanced or otherwise modified from time to time in accordance with the requirements thereof and of this Agreement.

  • Additional First Lien Secured Party means the holders of any Additional First-Lien Obligations and any Authorized Representative with respect thereto, and shall include the Initial Additional First-Lien Secured Parties.