Examples of New Term Loans in a sentence

It is likely that the strata corporation will still have questions regardingconditions of the agreement that may be unclear or confusing.
To have 100% of the outstanding principal amount of Existing Term Loans held by such Lender prepaid on the Amendment No. 2 Effective Date and to agree to purchase from the Fronting Lenders pursuant to one or more Assignment and Assumptions New Term Loans in the principal amount of such Existing Term Loans (or such lesser amount allocated to such Lender by the Administrative Agent) on or immediately after the Amendment No. 2 Effective Date.
AMENDED AND RESTATED CREDIT AGREEMENT By executing this signature page, the below Term Lender hereby agrees to the terms and conditions of the Refinancing Facility Agreement and to offer all of its Existing Term Loans to be converted into New Term Loans on a cashless basis, in an amount equal to the Existing Term Loans of such Term Lender.
Each Borrowing of New Term Loans under this Agreement shall be made by the Lenders pro rata on the basis of their then-applicable New Term Loan Commitments.
Any New Term Loans made on an Increased Amount Date shall be designated a separate series (a “Series”) of New Term Loans for all purposes of this Agreement.

More Definitions of New Term Loans

New Term Loans is defined in Section 2.4(c).

New Term Loans shall have the meaning assigned to such term in Section 2.24(c).

New Term Loans has the meaning set forth in Section 4.16(a).

New Term Loans means new senior secured first lien term loans extended to some of the Reorganized Debtors under the New Term Documents in an initial aggregate amount of $400 million, including any principal amount of DIP Obligations converted into such loans on a dollar-for-dollar basis.