Initial Term Loan Agreement definition

Initial Term Loan Agreement has the meaning set forth in the recitals hereto.
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Initial Term Loan Agreement has the meaning set forth in the Recitals to this Agreement.
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Initial Term Loan Agreement shall have the meaning set forth in the definition of “Term Loan Agreement”.
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Examples of Initial Term Loan Agreement in a sentence

  • The parties hereto acknowledge and agree that the initial Borrowing of $50,000,000 occurred on August 15, 2013, being the First Borrowing Date, and that the conditions precedent to the second and third term Borrowings contained in the Initial Term Loan Agreement were not satisfied, and therefore, no Lender has any Commitment to fund the second and third term Borrowings thereunder.

  • Each Lender party hereto and Agent hereby agrees that, notwithstanding Section 5.3(f) of the Intercreditor Agreement, the existing Control Agent under the Intercreditor Agreement may resign, without any prior notice, on the date all outstanding Indebtedness for borrowed money under the Initial Term Loan Agreement is paid in full.

  • Except as modified by this Second Amendment, the parties do hereby confirm and ratify the Initial Term Loan Agreement.

  • Unless defined in this Third Amendment, capitalized terms contained herein shall have the meaning set forth in the Initial Term Loan Agreement.

  • Unless defined in this Second Amendment, capitalized terms contained herein shall have the meaning set forth in the Initial Term Loan Agreement.

  • Amortization Type During Initial Term Loan Agreement The amortization type during the initial term, as stated in the Loan Agreement.

  • Borrowers and Guarantors shall not amend Section 7.2(d) of the Initial Term Loan Agreement to reduce any amount specified thereunder without the written consent of Agent.

  • The Lender acknowledges that it is considering a request from the Borrower to eliminate the requirement for Guarantors under the Facility, and in connection therewith the Lender agrees to waive compliance with the requirements of Section 6.25 and 7.10 of the Initial Term Loan Agreement until January 30, 2007.

  • The Borrower has delivered to the Administrative Agent a complete and correct copy of the Senior Note Indenture, the Initial Term Loan Agreement and the Revolving Credit Agreement, including any amendments, supplements or modifications with respect to any of the foregoing.

  • Except as modified by this First Amendment, the parties do hereby confirm and ratify the Initial Term Loan Agreement.


More Definitions of Initial Term Loan Agreement

Initial Term Loan Agreement includes the First Amendment and the Second Amendment; and
Sample 1
Initial Term Loan Agreement that certain Term Loan Agreement, dated August 20, 2003, by and among the Borrower, the financial institutions party thereto as lenders, and Bear Sxxxxxx Corporate Lending Inc., as Administrative Agent, providing for term borrowings in an initial aggregate amount of $100,000,000.
Sample 1
Initial Term Loan Agreement means the U.S.$1,400,000,000 term loan facility agreement dated 3 February 2014 between, amongst others, the Company as borrower and X.X. Xxxxxx Europe Limited as facility agent. Insolvency Event in relation to a Finance Party means that the Finance Party:
Sample 1

Related to Initial Term Loan Agreement

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

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

  • Term Loan Agreement has the meaning assigned to such term in the recitals of this Agreement.

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

  • Existing Term Loan Agreement means that certain Term Loan Agreement, dated as of April 9, 2020, by and among the Borrower, the lenders from time to time party thereto and Crédit Agricole Corporate and Investment Bank, as administrative agent for the lenders, as amended, modified, supplemented or replaced from time to time.

  • Initial Term Facility means the Initial Term Loan Commitments 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(a) as such Lender’s Initial Term Loan Commitment. The aggregate amount of the Initial Term Loan Commitments as of the Closing Date is $795,000,000.

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

  • Additional Term Loan Commitment means any term commitment added pursuant to Sections 2.22, 2.23 and/or 9.02(c)(i).

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

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

  • Existing Term Loan Credit Agreement means that certain Term Loan Credit Agreement, dated as of August 24, 2017, among the Borrower, the lenders from time to time party thereto and Sumitomo Mitsui Banking Corporation, as administrative agent (as amended, restated, supplemented or otherwise modified prior to the Effective Date).

  • Existing Loan Agreement has the meaning set forth in the recitals to this Agreement.

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

  • 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.

  • Total Initial Term Loan Commitment means the sum of the Initial Term Loan Commitments of all Lenders.

  • Prior Loan Agreement is defined in Recital A of this Agreement.

  • Original Loan Agreement has the meaning set forth in the Recitals.

  • Project Loan Agreement means the Project Loan Agreement dated as of the date hereof among the Borrower, the Governmental Lender and the Fiscal Agent, as amended, supplemented or restated from time to time.

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

  • Existing Facility Agreement means the senior secured credit facility dated 26 October 2000 made between, inter alia, UPC Broadband, UPC Financing and Toronto Dominion (Texas) LLC as facility agent and the banks and financial institutions listed therein, as amended from time to time.

  • Existing Term Loan Facility means that certain Term Loan Credit Agreement, dated as of September 7, 2018, by and among the ProFrac Services LLC, as the borrower thereunder, Holdings, the guarantors party thereto, the lenders party thereto and Barclays Bank PLC, as the administrative agent and collateral agent (as amended, amended and restated, supplemented and otherwise modified from time to time, and together with the guarantee and security documentation executed in connection therewith).

  • Additional Term Loan has the meaning specified in Section 2.01(c).

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

  • Incremental Facility Agreement means an Incremental Facility Agreement, in form and substance reasonably satisfactory to the Agent and the Borrower, among the Borrower, the Agent and one or more Incremental Lenders, establishing Incremental Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.18.

  • Bridge Loan Agreement means the 364-day Bridge Loan Agreement dated as of April 3, 2012, as amended, restated, supplemented or otherwise modified, among the Company, the lenders party thereto and Xxxxxx Xxxxxxx Senior Funding, Inc., as administrative agent.