Performing First Lien Bank Loans means First Lien Bank Loans which are Performing.
Performing First Lien Bank Loans means funded First Lien Bank Loans that (a) are not PIK Obligations, DIP Loans or Covenant-Lite Loans and (b) are Performing.
Performing First Lien Bank Loans has the meaning assigned to such term in Section 5.13.
Examples of Performing First Lien Bank Loans in a sentence
Title: [Borrowing Base Calculation]5,6 Cash, Cash Equivalents and Short-Term U.S. Government Securities (excluding cash held as cash collateral for Letters of Credit) Total: $ Long-Term U.S. Government Securities Total: $ Performing First Lien Bank Loans Total: $ Performing Last Out Loans Total: $ 5 Set out below is the minimum information required; the Borrower may, if convenient, supplement this Annex with additional information.
Title: Cash, Cash Equivalents and Short-Term U.S. Government Securities (excluding cash held as cash collateral for Letters of Credit) Identity of Investment Value of Investment Advance Rate7 Total: $___________ Long-Term U.S. Government Securities Total: $___________ Performing First Lien Bank Loans Total: $___________ 6 Set out below is the minimum information required; the Borrower may, if convenient, supplement this Annex with additional information.
More Definitions of Performing First Lien Bank Loans
Performing First Lien Bank Loans means funded First Lien Bank Loans that (a) are not PIK Obligations, DIP Loans, Covenant-Lite Loans or Second Lien Bank Loans and (b) are Performing.
Performing First Lien Bank Loans means funded First Lien Bank Loans that (a) are not PIK Obligations, DIP Loans or Covenant-Lite Loans and (b) are Performing. “Performing First Lien Middle Market Loans” means funded First Lien Bank Loans to a Portfolio Company with trailing 12 month EBITDA of less than $15,000,000 that (a) are not PIK Obligations, DIP Loans, Covenant-Lite Loans, Last Out Loans or Second Lien Bank Loans and (b) are Performing. “Performing High Yield Securities” means funded High Yield Securities that (a) are not PIK Obligations or DIP Loans and (b) are Performing. “Performing Last Out Loans” means funded Last Out Loans that (a) are not PIK Obligations, DIP Loans or Covenant-Lite Loans and (b) are Performing. “Performing Mezzanine Investments” means funded Mezzanine Investments that (a) are not PIK Obligations, DIP Loans or Covenant-Lite Loans and (b) are Performing. “Performing PIK Obligations” means PIK Obligations that (a) are not DIP Loans and (b) are Performing. “Performing Second Lien Bank Loans” means Second Lien Bank Loans that (a) are not PIK Obligations, DIP Loans, Covenant-Lite Loans or Last Out Loans and (b) are Performing. “Permitted Foreign Jurisdiction” means Canada, Belgium, France, Germany, Ireland, Luxembourg, the Netherlands, Australia, New Zealand, Denmark, Norway, Sweden and Switzerland and the United Kingdom. “Permitted Foreign Jurisdiction Portfolio Investment” means any Portfolio Investment that meets the eligibility criteria under paragraph (8) of Schedule 1.01(c) by reference to a Permitted Foreign Jurisdiction. “Permitted Prior Working Capital Lien” means, with respect to a Portfolio Company that is a borrower under a Bank Loan, a security interest to secure a working capital facility for such Portfolio Company in the accounts receivable and/or inventory (and all related property and all proceeds thereof) of such Portfolio Company and any of its subsidiaries that are 132
Performing First Lien Bank Loans means First Lien Bank Loans (which are not Performing DIP Loans) which are (a) Performing and (b) except in the case of Performing LTV Transactions, Cash Pay Bank Loans.
Performing First Lien Bank Loans means funded First Lien Bank Loans that (a) have a trailing 12-month EBITDA of at least $20,000,000 as calculated by the Borrower in a commercially reasonable manner, (b) are not PIK Obligations, DIP Loans, Covenant-Lite Loans, Second Lien Bank Loans or Last Out Loans and (bc) are Performing.
Performing First Lien Bank Loans has the meaning assigned to such term in Section 5.13. “Performing First Lien Middle Market Loans” has the meaning assigned to such term in Section 5.13. “Performing High Yield Securities” has the meaning assigned to such term in Section 5.13. “Performing Last Out Loans” has the meaning assigned to such term in Section 5.13. “Performing Mezzanine Investments” has the meaning assigned to such term in Section 5.13. “Performing Second Lien Bank Loans” has the meaning assigned to such term in Section 5.13. 27
Performing First Lien Bank Loans has the meaning assigned to such term in Section 5.13. “Performing First Lien Middle Market Loans” has the meaning assigned to such term in Section 5.13. “Performing High Yield Securities” has the meaning assigned to such term in Section 5.13. “Performing Last Out Loans” has the meaning assigned to such term in Section 5.13. “Performing Mezzanine Investments” has the meaning assigned to such term in Section 5.13. “Performing Second Lien Bank Loans” has the meaning assigned to such term in Section 5.13. “Periodic Term CORRA Determination Day” has the meaning assigned to such term in the definition of “Term CORRA”. “Periodic Term SOFR Determination Day” has the meaning specified in the definition of “Term SOFR”. “Permitted Equity Interests” means common stock of the Borrower that after its issuance is not subject to any agreement between the holder of such common stock and the Borrower where the Borrower is required to purchase, redeem, retire, acquire, cancel or terminate any such common stock at any time prior to the first anniversary of the later of the Maturity Date (as in effect from time to time) and the Termination Date. “Permitted Foreign Jurisdiction” has the meaning assigned to such term in Section 5.13. 35
Performing First Lien Bank Loans has the meaning assigned to such term in Section 5.13. “Performing First Lien Middle Market Loans” has the meaning assigned to such term in Section 5.13. “Performing High Yield Securities” has the meaning assigned to such term in Section 5.13. “Performing Last Out Loans” has the meaning assigned to such term in Section 5.13. “Performing Mezzanine Investments” has the meaning assigned to such term in Section 5.13. “Performing Second Lien Bank Loans” has the meaning assigned to such term in Section 5.13. “Periodic Term XXXXX Determination Day” has the meaning specified in the definition of “Term XXXXX”.