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

  • Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrower may borrow, prepay and reborrow the New Money Loans.

  • The obligations of the Lenders hereunder to make New Money Loans and to make payments pursuant to Section 12.03(c) are several and not joint.

  • 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.

  • At the time that each ABR Borrowing of New Money Loans is made, such Borrowing shall be in an aggregate amount that is an integral multiple of $100,000 and not less than $1,000,000; provided that an ABR Borrowing may be in an aggregate amount that is equal to the entire unused balance of the Commitments.

  • Subject to the terms and conditions and relying upon the representations and warranties herein set forth, each Lender agrees, severally and not jointly, to make New Money Loans to Borrowers, at the times set forth in Section 2.02 prior to the Commitment Termination Date in an aggregate principal amount for all such New Money Loans not to exceed such Lender’s Commitment.


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 has the meaning assigned to such term in Section 2.02(b).
New Money Loans means, collectively, the Initial Loan, the Second Loan, the Third Loan and the Fourth Loan.
New Money Loans has the meaning specified in Section 2.3.