New Money Loans definition

New Money Loans means, individually or collectively, as the context may require, the Initial Loans and the Delayed Draw Loans.
New Money Loans means the loans made pursuant to Section 2.01(a).
New Money Loans means the Loans made pursuant to Section 2.01(a) and, for the avoidance of doubt, excludes the Rollover Loans.

Examples of New Money Loans in a sentence

  • The Borrower may elect different options with respect to different portions of the affected Borrowing, in which case each such portion shall be allocated ratably among the Lenders holding the New Money Loans comprising such Borrowing, and the New Money Loans comprising each such portion shall be considered a separate Borrowing.

  • Each New Money Loan shall be made as part of a Borrowing consisting of New Money Loans made by the Lenders ratably in accordance with their respective Commitments.

  • On the Effective Date, without further action, such Loans shall be deemed New Money Loans issued hereunder.

  • Subject to the terms of this Agreement, each Borrowing of New Money Loans shall be comprised entirely of ABR Loans or Eurodollar Loans as the Borrower may request in accordance herewith.

  • Each Borrowing of New Money Loans initially shall be of the Type specified in the applicable Borrowing Request unless otherwise precluded by the terms hereof and, if a Eurodollar Borrowing, shall have an initial Interest Period as specified in such Borrowing Request.


More Definitions of New Money Loans

New Money Loans means the “New Money Loans” as defined in the DIP Term Loan Agreement as in effect on the Effective Date.
New Money Loans means the New Money Final Loans and the New Money Interim Loans.
New Money Loans means, collectively, the Initial New Money Loans and the Final New Money Loans.
New Money Loans means the Initial Loans, the Supplemental Initial Loans and the Delayed Draw Loans.
New Money Loans means the term loans made by the Lenders to the Borrowers pursuant to Section 2.01 and any Incremental Loans made pursuant to Section 2.06, in each case other than Roll-Up Loans and Contingent Roll-Up Loans.
New Money Loans has the meaning assigned to such term in Section 2.01(a).
New Money Loans means, collectively, the Initial Loan, the Second Loan, the Third Loan and the Fourth Loan.