Outstanding Term Loan definition

Outstanding Term Loan has the meaning specified in Section 2.16(a)(iv).
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Outstanding Term Loan at any time of determination, the sum of (1) the unpaid principal amount of the Term Loan made by IBM Credit under this Agreement; and (2) any finance charge, fee, expense or other amount related to the Term Loan charged to Customer's account with IBM Credit. "PBGC": as defined in Section 6.12.
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Outstanding Term Loan shall have the meaning set forth in Section 1.4 of this Agreement.
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Examples of Outstanding Term Loan in a sentence

  • Subject to the terms and conditions set forth herein, each Term Lender severally agrees to make a single loan to the Domestic Borrower, in Dollars, in a single draw on the Closing Date in an amount equal to such Term Lender’s Applicable Percentage of the Initial Term Facility less such Term Lender’s Applicable Percentage of the Outstanding Term Loan Obligations (the “Closing Date Term Loans”, and together with the Outstanding Term Loan Obligations, the “Initial Term Loan”).

  • If, on any date, the Outstanding Advances other than the Outstanding Term Loan shall exceed the Maximum Advance Amount (such excess, the "Shortfall Amount"), then the Customer shall on such date prepay the Outstanding Advances other than the Outstanding Term Loan in an amount equal to such Shortfall Amount.

  • On the Closing Date and upon effectiveness of this Agreement, the Outstanding Term Loan Balance shall be continued and shall convert automatically, for all purposes of this Agreement, to a portion of the Term Loan hereunder owing to the Lenders as if such portion of the Term Loan had been made by the Lenders to the Borrowers hereunder on the Closing Date ratably in accordance with their respective Pro Rata Term Loan Share.

  • The Borrowers shall execute and deliver to the Administrative Agent for the account of each Lender the Notes which such Lender is entitled to receive pursuant to Section 2.04 of the Financing Agreement, in the forms of Exhibits A and B thereto and in the principal amount for each Lender equal to its Pro Rata Share of the Outstanding Term Loan and the Total Revolving Credit Commitment, each as set forth in Annex I to this Amendment (the "New Notes").

  • The Advances shall be made in one or more Advances each an amount not less than $100,000 (or if less, the entire Outstanding Term Loan Commitment) in accordance with Section 2.1(b); provided, that no more than two Advances (excluding the advance of the Initial Term Loan) shall be made during any thirty (30) day consecutive period; and, provided, further, that no Advances shall be made after September 30, 2008.

  • If Borrower sells the Atlanta Property, then immediately upon consummation of the sale Borrower shall use the proceeds therefrom (the "Atlanta Property Proceeds") to pay to Lender, in cash, any and all amounts then owing by Borrower under this Agreement in respect of the Term Loan B (the "Outstanding Term Loan B Amounts").

  • If the Atlanta Property Proceeds are insufficient to pay in full the Outstanding Term Loan B Amounts, then (x) such proceeds shall be applied first, to pay all accrued and unpaid interest due in respect of the Term Loan B until paid in full, and second, to pay all outstanding principal in respect of the Term Loan B and (y) any remaining unpaid Outstanding Term Loan B Amounts shall continue to remain outstanding Obligations in accordance with the terms and provisions of this Agreement.

  • The First Amendment Closing Date Outstanding Term Loan and First Amendment Closing Date Outstanding Revolving Loan (together with all accrued and unpaid interest, fees, indemnities, costs and other payment obligations that are outstanding immediately prior to the First Amendment Effective Date) are owing as of the First Amendment Effective Date, and are payable without set-off, counterclaim, deduction, offset or defense.

  • Xxxx Title: Vice President Title: Senior Vice President HWC Holding Corporation, as Guarantor Revolving Credit Loan Commitment: $12,692,308 Outstanding Term Loan A: $1,153,846.00 Outstanding Term Loans B: $0 Undrawn Term Loan B Commitment: $1,153,846.00 By: /s/ XXXXXXXX XXXXXXXXXX Name: Xxxxxxxx Xxxxxxxxxx Title: Vice President Fleet Capital Corporation, as Agent and Lender The Cit Group/Business Credit, Inc.

  • It is the intention of the parties hereto that the making of the Term Loans and the disbursement of the proceeds thereof in accordance with this Section 2.2 shall not effect a payment or discharge of any portion of the Outstanding Term Loan, but that the amount of the Outstanding Term Loan in excess of Citicorp North America, Inc.'s Term Loan Commitment (the "Assigned Interest") shall be deemed to have been assigned by Citicorp North America, Inc.


More Definitions of Outstanding Term Loan

Outstanding Term Loan. A: $__________ Outstanding Term Loan A: $__________ Outstanding Term Loan B: $__________ Outstanding Term Loan B: $__________
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Outstanding Term Loan. $______________________ Outstanding Revolving Loans: $______________________ Outstanding Participations in Letter of Credit Outstandings: $______________________ [NAME OF ASSIGNEE] By: Name: Title: Notice Address/Lending Office: Wire transfer Instructions: After the Effective Date:
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Outstanding Term Loan. $______________________ Outstanding Revolving Loans: $______________________ Outstanding Participations in Letter of Credit Outstandings: $______________________ Accepted this ____ day of _______, 19___ NationsBank, National Association, as Agent By: Name: Title: Consented to: Bolle Inc. By: Name: Title: EXHIBIT C FORM OF NOTICE OF APPOINTMENT (OR REVOCATION) OF AUTHORIZED REPRESENTATIVE Reference is hereby made to the Second Amended and Restated Credit Agreement dated as of March 11, 1998 (the "Agreement") among Bolle Inc. (the "Borrower"), the Lenders (as defined in the Agreement), and NationsBank, National Association, as Agent for the Lenders ("Agent"). Capitalized terms used but not defined herein shall have the respective meanings therefor set forth in the Agreement.
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Outstanding Term Loan at any time of determination, the sum of (1) the unpaid principal amount of the Term Loan; and (2) any finance charge, fee, expense or other amount related to the Term Loan charged to Customer's account with IBM Credit. "Permitted Indebtedness": any of the following:
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Outstanding Term Loan see the Recitals.
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Outstanding Term Loan means the Loan of US$31,856,434.95 outstanding under the Original Facility Agreement.
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Related to Outstanding Term Loan

  • Extending Term Lender has the meaning set forth in Section 2.16(c).

  • Existing Term Loan has the meaning specified in Section 2.01(b).

  • Refinancing Term Loan has the meaning specified in Section 2.15(b).

  • Existing Term Loans has the meaning specified in Section 2.16(a).

  • Refinancing Term Loans means one or more Classes of Term Loans hereunder that result from a Refinancing Amendment.

  • Refinancing Term Lender has the meaning specified in Section 2.15(c).

  • Existing Term Loan Class shall have the meaning provided in Section 2.14(g)(i).

  • Refinancing Term Commitments means one or more term loan commitments hereunder that fund Refinancing Term Loans of the applicable Refinancing Series hereunder pursuant to a Refinancing Amendment.

  • Tranche B Term Loan as defined in Section 2.1.

  • Tranche A Term Loan as defined in Section 2.1.

  • Refinancing Term Loan Commitments shall have the meaning provided in Section 2.14(h).

  • Revolving Termination Date means the earlier to occur of:

  • 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).

  • Existing Term Loan Tranche has the meaning set forth in Section 2.16(a).

  • Refinanced Term Loans shall have the meaning provided in Section 13.1.

  • Tranche A Term Loans means Loans made by the Tranche A Term Lenders pursuant to Section 2.01(a).

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

  • Tranche B Term Loans means Loans made or deemed made by the Tranche B Term Lenders pursuant to Section 2.01(b) or pursuant to Section 1 of the First Amendment to 2009 Credit Agreement.

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

  • 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).

  • Tranche C Term Loan as defined in Section 2.1.

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

  • ABR Term Loan means any Term Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.

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

  • Specified Refinancing Term Loans means Specified Refinancing Debt constituting term loans.

  • Tranche A Term Note shall have the meaning provided in Section 1.05(a).