Initial Term A-1 Loans definition

Initial Term A-1 Loans means the term loans made by the Term Lenders to the Borrower on the Closing Date pursuant to Section 2.01(b).
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Initial Term A-1 Loans has the meaning assigned to such term in Section 2.01(a).
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Examples of Initial Term A-1 Loans in a sentence

  • The Borrower has requested that the Lenders extend credit to the Borrower in the form of (a) Initial Term A1 Loans to the Borrower in an aggregate principal amount of $34,999,999, (b) Initial Term A2 Loans to the Borrower in an aggregate principal amount of $31,000,001 and (c) Initial Term A3 Loans to the Borrower in an aggregate principal amount of $28,000,000.

  • Initial Term A-1 Loans may be Base Rate Loans or Term Benchmark Loans, as further provided herein.

  • The Term A-1 Commitments shall terminate on the Closing Date immediately following the funding of the Initial Term A-1 Loans.

  • Thereafter, the Borrower may elect to convert such Borrowing to a different Type (except that (i) Term B-2 Loans shall at all times be Fixed Rate Term Loans and (ii) neither the Initial Term A-1 Loans, the Term B-1 Loans nor any other Class of Loans that is not established as a Class of Fixed Rate Term Loans may be converted to Fixed Rate Term Loans) or to continue such Borrowing and, in the case of a Eurocurrency Borrowing, may elect Interest Periods therefor, all as provided in this Section.

  • On the Initial Term A-1 Maturity Date, all then unpaid Initial Term A-1 Loans shall be repaid in full in the currency in which they are then outstanding.

  • Use commercially reasonable efforts to obtain and to maintain (a) public ratings from Xxxxx’x and S&P for the Initial Term A-1 Loans, the Term B-1 Loans and the Term B-2 Loans and (b) public corporate credit ratings and corporate family ratings from Xxxxx’x and S&P in respect of the Borrower; provided, however, in each case, that the Borrower and its subsidiaries shall not be required to obtain or maintain any specific rating.

Related to Initial Term A-1 Loans

  • Initial Term Loans means the term loans made by the Initial Term Lenders to the Borrower pursuant to Section 2.01(a)(i).

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

  • Incremental Term A Loans has the meaning specified in Section 2.14(a).

  • 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.

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

  • Initial 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 Initial Term Loan Commitment. The aggregate amount of the Initial Term Loan Commitments as of the Closing Date is $820,000,000.

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

  • New Term Loans as defined in Section 2.24.

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

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

  • Tranche A Term Loans means Loans made by the Tranche A Term Lenders pursuant to Section 2.01(a).

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

  • Delayed Draw Term Loan has the meaning specified in Section 2.01(b).

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

  • Incremental Term Commitments has the meaning set forth in Section 2.14(a).

  • Delayed Draw Term Loans has the meaning as set forth in Section 2.5(a).

  • Extended Term Loan shall have the meaning assigned to such term in Section 2.21(e).

  • Tranche C Term Loan as defined in Section 2.1.

  • Delayed Draw Term Loan Commitment Termination Date means the earliest to occur of (i) December 31, 2008, (ii) the date the Delayed Draw Term Loan Commitments are permanently reduced to zero pursuant to Section 2.1, and (iii) the date of the termination of the Delayed Draw Term Loan Commitments pursuant to Section 11.1.

  • Tranche A Term Loan as defined in Section 2.1.

  • Tranche B Term Loans means Loans made or deemed made by the Tranche B Term Lenders pursuant to Section 2.01(b) or pursuant to Section 1 of the First Amendment to 2009 Credit Agreement.

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

  • Incremental Term Loans has the meaning specified in Section 2.14(a).

  • Delayed Draw Term Loan Commitment means the commitment of a Lender to make or otherwise fund a Delayed Draw Term Loan 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 Schedule 2.01 or in the applicable Assignment and Assumption, 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 $165,000,000.

  • Tranche B Term Loan as defined in Section 2.1.

  • Incremental Term Commitment has the meaning specified in Section 2.14(a).