Second Priority Term Loan Agreement definition

Second Priority Term Loan Agreement means the Credit and Guaranty Agreement, dated as of the Closing Date, among the Company, the Guarantors and the Second Priority Term Loan Administrative Agent, relating to $100.0 million in aggregate principal amount of term loans, including any related notes, guarantees, collateral documents, instruments and agreements executed in connection therewith, as amended, modified, renewed, restated or replaced, in whole or in part, from time to time.
Second Priority Term Loan Agreement has the meaning set forth in the recitals to this Agreement.
Second Priority Term Loan Agreement is defined in the Recitals hereto.

Examples of Second Priority Term Loan Agreement in a sentence

  • Unless otherwise defined herein, terms defined in the Second Priority Term Loan Agreement and used herein shall have the meanings given to them in the Second Priority Term Loan Agreement.

  • Second Priority Term Loan Agreement, Revolving Loan Agreement and First Priority Term Loan Documents .........

  • In addition, this Assignment Agreement constitutes notice to the Administrative Agent, pursuant to Section 12.06 of the Second Priority Term Loan Agreement, of the assignment and delegation to the Assignee of the Assigned Portion of the Second Priority Term Loans of the Assignor outstanding under the Second Priority Term Loan Agreement as of the Effective Date, subject to its written consents.

  • Upon the occurrence of any Event of Default, all principal and all accrued interest then remaining unpaid on this Second Priority Term Loan Note shall become, or may be declared to be, immediately due and payable, all as provided in, and subject to, the Second Priority Term Loan Agreement.

  • The Borrower further agrees to pay interest in like money at the Principal Office on the unpaid principal amount hereof from time to time outstanding at the rates and on the dates specified in Section 2.05 of the Second Priority Term Loan Agreement.

  • The Borrower hereby gives you notice in accordance with Section 2.01 of the Second Priority Term Loan Agreement that the Borrower irrevocably requests that a Second Priority Term Loan be made on March 23, 2004 (which date is a Business Day), which shall be a LIBOR Rate Loan in an aggregate principal amount of $100,000,000 with an initial Interest Period ending March 31, 2004.

  • The Assignee confirms and agrees that in becoming a Lender and in making its Second Priority Term Loans under the Second Priority Term Loan Agreement, such actions have and will be made without recourse to, or representation or warranty by, the Administrative Agent, except for the representations expressly set forth below.

  • The Borrower hereby gives you notice, irrevocably, pursuant to Section 2.06 of the Second Priority Term Loan Agreement, that the Borrower hereby requests a [CONTINUATION] [CONVERSION] of Second Priority Term Loans under the Second Priority Term Loan Agreement and, in connection therewith, sets forth below the information relating to such [CONTINUATION] [CONVERSION] (the "Proposed [CONTINUATION] [CONVERSION]") as required by Section 2.06 of the Second Priority Term Loan Agreement.

  • This Second Priority Term Loan Note is subject to the limitations on recourse set forth in Section 12.22 of the Second Priority Term Loan Agreement.

  • Following the execution of this Assignment Agreement, it will be delivered to the Administrative Agent for recording by the Administrative Agent pursuant to Section 12.06 of the Second Priority Term Loan Agreement, effective as of the Effective Date.


More Definitions of Second Priority Term Loan Agreement

Second Priority Term Loan Agreement means the Credit Agreement, dated as of July 16, 2003, among the Borrower, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Credit Partners L.P., as sole lead arranger, sole bookrunner and administrative agent, Scotia Capital, as arranger and syndication agent, TD Securities (USA) Inc., ING (U.S.) Capital LLC and Landesbank Hessen-Thuringen, as co-arrangers, and Credit Lyonnais New York Branch and Union Bank of California, N.A., as managing agents.
Second Priority Term Loan Agreement with the defined term “Existing Second Priority Term Loan Agreement”.
Second Priority Term Loan Agreement means the Second Lien Loan Agreement, dated as of March 31, 2014, by and among ▇▇▇, the Second Priority Representative and certain lenders from time to time party thereto, as amended, supplemented, amended and restated or otherwise modified from time to time.”