Outstanding Term Loan definition

Outstanding Term Loan has the meaning specified in Section 2.16(a)(iv).
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.
Outstanding Term Loan shall have the meaning set forth in Section 1.4 of this Agreement.

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”).

  • 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.

  • In 2019, we revised and improved the regulations related to quality awards and quality accident management; enhanced the emergency handling process; and optimized the quality management of our departments.

  • 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.

  • There is no trusted dealer and the receipt contains one signature.

  • Other than the Outstanding Term Loan, the Term Loan shall be advanced in a single Borrowing on the Restatement Closing Date.

  • Beginning with the first Payment Date occurring after the Effective Date on each Payment Date thereafter (or, if such date is not a Business Day, on the immediately preceding Business Day), the Borrowers shall make quarterly payments of principal on the Term Loans in an amount equal to one and one quarter percent (1.25%) of the Aggregate Outstanding Term Loan Credit Exposure.

  • Children in poverty lack opportunity to access education that is crucial for children in terms of achieving human capital and most important for children to fight poverty.

  • 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 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 “ Term Loan”).

  • The Term Loan A-1 Advances and Outstanding Term Loan A-2 Advances shall be deemed to have been issued pursuant to this Section 2.01(b), and from and after the Restatement Date shall be subject to and governed by the terms and conditions hereof.


More Definitions of Outstanding Term Loan

Outstanding Term Loan see the Recitals.
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:
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:
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.
Outstanding Term Loan means the Loan of US$31,856,434.95 outstanding under the Original Facility Agreement.
Outstanding Term Loan. A: $__________ Outstanding Term Loan A: $__________

Related to Outstanding Term Loan