Initial Term Lender definition

Initial Term Lender means any Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.
Initial Term Lender means, at any time, any Lender that has an Initial Term Commitment or an Initial Term Loan at such time.
Initial Term Lender each Lender that has an Initial Term Commitment or that holds an Initial Term Loan.

Examples of Initial Term Lender in a sentence

  • Subject to the terms and conditions set forth herein, each Initial Term Lender has severally agreed to make, on the Closing Date, a single loan in Dollars in an aggregate principal amount equal to its Initial Term Commitment.

  • The Initial Term Commitment of each Initial Term Lender shall be automatically and permanently reduced to $0 on the Closing Date upon the making of the Initial Term Loans in accordance with Section 2.01.

  • The Initial Term Commitment of each Initial Term Lender shall be automatically and permanently reduced to $0 upon the making of such Initial Term Lender’s Initial Term Loans pursuant to Section 2.01(a) on the Closing Date.

  • Each Initial Term Lender severally agrees to make to the Borrower a single loan, in Dollars, in a principal amount equal to such Initial Term Lender’s Initial Term Commitment on the Closing Date.

  • Upon receipt of such notice the Administrative Agent shall promptly notify each Initial Term Lender thereof.


More Definitions of Initial Term Lender

Initial Term Lender means (a) at any time on or prior to the Closing Date, any Lender that has an Initial Term Commitment at such time and (b) at any time after the Closing Date, any Lender that holds Initial Term Loans at such time.
Initial Term Lender means each Lender having an outstanding Initial Term Loan.
Initial Term Lender means, at any time, any Lender that holds an Initial Term Loan at such time.
Initial Term Lender means any Lender that holds an Initial Term Loan Commitment or makes an Initial Term Loan to the Borrower pursuant to Section 2.01(a).
Initial Term Lender any Lender having an Initial Term Loan Commitment or an Initial Term Loan outstanding hereunder.
Initial Term Lender as defined in Section 2.1(a).
Initial Term Lender means any Initial Term A Lender and/or any Initial Term B Lender.