Redesignated Term Loans definition

Redesignated Term Loans means collectively, the Redesignated Term Loan A and the Redesignated Term Loan B.
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Redesignated Term Loans means collectively, the Redesignated Term Loan A and the Redesignated Term Loan B. “Reference Rate” means, for any period, the greatest of (a) 2.75% per annum, (b) the Federal Funds Rate plus 0.50% per annum, (c) Adjusted Term SOFR for a one-month tenor in effect two (2) U.S. Government Securities Business Days prior to the date of such determination plus 1.00% per annum, and (d) the rate last quoted by The Wall Street Journal as the “Prime Rate” in the United States or, if The Wall Street Journal ceases to quote such rate, the highest per annum interest rate published by the Federal Reserve Board in Federal Reserve Statistical Release H.15 (519) (Selected Interest Rates) as the “bank prime loan” rate or, if such rate is no longer quoted therein, any similar rate quoted therein (as determined by the Administrative Agent) or any similar release by the Federal Reserve Board (as determined by the Administrative Agent). Each change in the Reference Rate shall be effective from and including the date such change is publicly announced as being effective. “Reference Rate Loan” means each portion of a Loan that bears interest at a rate determined by reference to the Reference Rate.
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Examples of Redesignated Term Loans in a sentence

  • Each Lender set forth on Schedule 1.01(A)(ii) shall be deemed to have made Redesignated Term Loans to the Borrowers in the amounts set forth opposite the name of such Lender on Schedule 1.01(A)(ii).

Related to Redesignated Term Loans

  • Extended Term Loans has the meaning specified in Section 2.15(a).

  • Replaced Term Loans has the meaning assigned to such term in Section 9.02(c).

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

  • Initial Term Loans means the term loans made by the Lenders on the Closing Date to the Borrower pursuant to Section 2.01(a).

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

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

  • Incremental Term Loans has the meaning specified in Section 2.14(a).

  • New Term Loans as defined in Section 2.24.

  • Original Term Loans means the "Term Loans" under, and as defined in, the Original Credit Agreement.

  • 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.

  • Incremental Term Facility has the meaning assigned to such term in Section 2.22(a).

  • Additional Term Loans means any term loan added pursuant to Section 2.22, 2.23 or 9.02(c)(i).

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

  • Incremental Term Loan has the meaning set forth in Section 2.14(b).

  • Incremental Term Commitments has the meaning set forth in Section 2.14(a).

  • Incremental Term A Loans has the meaning specified in Section 2.14(a).

  • Base Rate Term Loan means a Term Loan that is a Base Rate Loan.

  • Extended Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Initial Term Facility means the Initial Term Loan Commitments and the Initial Term Loans made hereunder.

  • Tranche C Term Loan as defined in Section 2.1.

  • Initial Term Loan shall have the meaning provided in Section 2.1(a).

  • 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.

  • Incremental Term Commitment means, with respect to any Lender, the commitment, if any, of such Lender, established pursuant an Incremental Facility Agreement and Section 2.21, to make Incremental Term Loans of any Series hereunder, expressed as an amount representing the maximum principal amount of the Incremental Term Loans of such Series to be made by such Lender.

  • Incremental Term Loan Commitments has the meaning set forth in Section 2.24.

  • Incremental Term Loan Amount means, at any time, the excess, if any, of (a) $25,000,000 over (b) the sum of (i) the aggregate increase in the Revolving Credit Commitments established at or prior to such time pursuant to Section 2.24 and (ii) the aggregate amount of all Incremental Term Loan Commitments established prior to such time pursuant to Section 2.25.

  • Incremental Term Lenders (a) on any Increased Facility Activation Date relating to Incremental Term Loans, the Lenders signatory to the relevant Increased Facility Activation Notice and (b) thereafter, each Lender that is a holder of an Incremental Term Loan.