Repriced Term Loans definition

Repriced Term Loans as defined in Section 10.1(b)(ii).

Repriced Term Loans provided that the Repriced Term Loans shall otherwise meet the Applicable Requirements;

Repriced Term Loans is defined in the second recital hereto.

Examples of Repriced Term Loans in a sentence

• The undersigned Continuing Term Lender hereby irrevocably and unconditionally approves and consents to the Amendment as a party thereto and elects to continue all Existing Term Loans held by such Continuing Term Lender (or such lesser amount as the Borrower may approve, as notified to such Continuing Term Lender by or on behalf of the Lead Arrangers) as Repriced Term Loans.

• The making of the Additional Repriced Term Loans by the New Term Loan Lenders shall conclusively be deemed to constitute an acknowledgement by the Administrative Agent and each New Term Loan Lender, and an agreement of the parties hereto, that each of the conditions precedent set forth in Section 6 hereof shall have been satisfied in accordance with its respective terms.

• Following the Company's payments and provisions of all of the foregoing, the Company shall have no further obligations to the Executive hereunder.

• The cash proceeds of the Repriced Term Loans made by the New Term Loan Lender shall be applied toward the payment of the aggregate outstanding principal amount of the Existing Term Loans that are not exchanged for Repriced Term Loans.

• The Repriced Term Loans shall have the same terms as the Existing Term Loans, except as set forth in and modified by this Amendment.

• The making of the Repriced Term Loans by the New Term Loan Lender and Cashless Term Lenders shall conclusively be deemed to constitute an acknowledgement by the Administrative Agent, the New Term Loan Lender and Cashless Term Lenders, and an agreement of the parties hereto, that each of the conditions precedent set forth in Section 6 hereof shall have been satisfied in accordance with its respective terms.

• The initial Interest Period applicable to the Repriced Term Loans that are SOFR Loans shall be the Interest Period identified by the Borrowers in the Committed Loan Notice referenced in Section 3.1(f).

• The Borrower shall provide the Administrative Agent notice prior to 9:30 A.M. (or such shorter period as may be agreed to by the Administrative Agent in its reasonable discretion), New York City time (which notice shall be irrevocable after funding) on the Third Amendment Effective Date specifying the amount of the Additional Repriced Term Loans to be borrowed on the Third Amendment Effective Date.

• The initial Interest Period applicable to the Repriced Term Loans that are Term SOFR Loans shall be the period identified by the Borrower in the borrowing notice relating to the Repriced Term Loans referenced in subsection 2(d) above, which period may at the Borrower’s election be shorter than one month.

• Each of the Borrowers and the Administrative Agent hereby consents to the election by each Consenting Existing Term Lender to convert its Existing Term Loans into Repriced Term Loans.

More Definitions of Repriced Term Loans

Repriced Term Loans has the meaning assigned to the term “Repriced Term Loans” in Section 1.1 of the Amendment.

Repriced Term Loans has the meaning assigned to such term in the First Amendment.

Repriced Term Loans has the meaning assigned to such term in the Fourth Amendment.

Repriced Term Loans in Section 1.1 of the Amendment.