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Initial Term Loan definition

Initial Term Loan shall have the meaning provided in Section 2.1(a).
Initial Term Loan means a Loan made pursuant to Section 2.01(a).
Initial Term Loan means the term loan made, or to be made, to the Borrower by the Term Loan Lenders pursuant to Section 4.1.

Examples of Initial Term Loan in a sentence

  • On the Initial Term Loan Maturity Date, all then unpaid Initial Term Loans shall be repaid in full in Dollars.

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

  • On the Closing Date (after giving effect to the incurrence of Initial Term Loans on such date), the Initial Term Loan Commitment of each Lender shall terminate.

  • Each Lender’s Initial Term Loan Commitment shall terminate immediately and without further action on the Closing Date after giving effect to the funding of such Lender’s Initial Term Loan Commitment on such date.

  • The Borrower hereby irrevocably authorizes the Administrative Agent to disburse the proceeds of the Initial Term Loan in immediately available funds by wire transfer to such Person or Persons as may be designated by the Borrower in writing.


More Definitions of Initial Term Loan

Initial Term Loan as defined in Subsection 2.1.
Initial Term Loan means the Term Loans made on the Closing Date pursuant to Section 2.01(a).
Initial Term Loan means Term Loans made by each Term Lender on the Closing Date.
Initial Term Loan means, collectively, the loans in an aggregate initial principal amount of $58,500,000 made by the Initial Term Loan Lenders to the Borrower on the Effective Date pursuant to Section 2.01(a).
Initial Term Loan has the meaning assigned to such term in Section 2.01.
Initial Term Loan as defined in Section 2.1(a). The aggregate principal amount of the Initial Term Loans on the First Incremental Amendment Effective Date giving effect to the incurrence of the Tranche B Term Loans and the application of proceeds thereof shall be $0.