Initial Term Facility means the Initial Term Loan Commitments and the Initial Term Loans made hereunder.
Initial Term Facility means, (a) on or prior to the applicable funding date of such Initial Term Loans, the aggregate amount of the Initial Term Commitments and (b) thereafter, the aggregate principal amount of the Initial Term Loans.
Initial Term Facility the Initial Term Commitments and the Initial Term Loans made available thereunder.
Examples of Initial Term Facility in a sentence
The Top Borrower shall use commercially reasonable efforts to maintain (a) a public corporate credit rating from S&P, (b) a public corporate family rating from Xxxxx’x and (c) a public rating of the Facilities under this Agreement so long as there is any Outstanding Amount under the Initial Term Facility, any Extended Term Facility or any Other Term Facility; provided that in no event shall the Top Borrower be required to maintain any rating.
More Definitions of Initial Term Facility
Initial Term Facility means the term loan facility established pursuant to Section 2.02(a).
Initial Term Facility means the Initial Term Loans provided to or for the benefit of the Borrower pursuant to the terms of this Agreement.
Initial Term Facility means, at any time, the aggregate Initial Term Loan Commitments of all Lenders at such time, and includes, as the context may require, any Incremental Term Loans or the aggregate amount of term loans of any Class (or as applicable the aggregate commitments in respect thereof).
Initial Term Facility means the aggregate principal amount of the Initial Term Loans of all Initial Term Lenders funded on the Closing Date, in each case as such amount may be increased pursuant to Section 2.15 or decreased from time to time in accordance with the terms hereof.
Initial Term Facility means the Initial Term Loan Commitment and the Initial Term Loans and other extensions of credit thereunder.
Initial Term Facility as defined in the recitals hereto.