Interim Term Loans definition

Interim Term Loans means a Loan made pursuant to Section 2.01(b)(i).

Interim Term Loans means the term loans made by the Term Loan Lenders to the Borrower on the Effective Date pursuant to Section 2.01(b)(ii).

Interim Term Loans the Interim Term Loans under (and as defined ------------------ in) the Existing Credit Agreement.

Examples of Interim Term Loans in a sentence

• For the avoidance of doubt, the consent granted pursuant to the immediately preceding sentence is limited to the Initial Interim Term Loans and the Delayed Draw Interim Term Loans described in the Credit Agreement (as described in the form of Credit Agreement attached hereto).

• Notwithstanding the foregoing, neither the Foreign Borrower nor any direct or indirect parent company of the Foreign Borrower may be designated as an Unrestricted Subsidiary prior to the repayment in full of all Interim Term Loans outstanding hereunder or under the Interim Term Loan Assumption Agreement.

• The Borrower shall use commercially reasonable efforts to (or, following the consummation of an Interim Term Loan Assumption, shall use commercially reasonable efforts to cause the Foreign Borrower to) prepay the Interim Term Loans as soon as practicable on or after January 1, 2017, and prior to the Interim Term Facility Maturity Date.

• All consents, authorizations and approvals of, and filings and registrations with, and all other actions in respect of, any Governmental Authority or other Person required in connection with the making of the Interim Term Loans on the Effective Date, or the conduct of the Loan Parties’ business, or the consummation of any of the underlying transactions (other than, for the avoidance of doubt, the Final Order) shall have been obtained and shall be in full force and effect.

• Partial prepayments of the Interim Term Loans shall be in an aggregate principal amount of $10,000,000 or a whole multiple of $1,000,000 in excess thereof (or in such lower amount as may be then outstanding).

• The Interim Term Loans comprising each ABR Term Loan Borrowing shall bear interest at the Alternate Base Rate plus the Applicable Margin for ABR Interim Term Loans.

• The Administrative Agent shall in all cases be fully protected in acting, or in refraining from acting, under this Agreement and the other Loan Documents in accordance with a request of the Majority Lenders, and such request and any action taken or failure to act pursuant thereto shall be binding upon all the Lenders and all future holders of the Interim Term Loans.

• Any voluntary prepayment pursuant to Section 3.04(a) shall be applied first to repay outstanding Interim Term Loans to the full extent thereof, and second to repay outstanding Term A Loans to the full extent thereof.

• The obligations of the Lenders hereunder to make Revolving Credit Loans, Interim Term Loans and Final Term Loans, and to make any payments required hereunder are several and not joint.

• No Default or Event of Default shall have occurred and be continuing on the Closing Date after giving effect to the making of the Interim Term Loans.

More Definitions of Interim Term Loans

Interim Term Loans has the meaning specified therefor in Section 2.01(a)(ii) hereof.

Interim Term Loans means an extension of credit by the Lenders to Borrower pursuant to Section 2.01(a) in the form of an Initial Interim Term Loan and/or Section 2.01(b) in the form of a Delayed Draw Interim Term Loan, as the context may require.