Second Term Loan Facility definition

Second Term Loan Facility means the facility under which Borrower may request Bank to issue cash advances, as specified in Section 2.1(b) hereof.
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Second Term Loan Facility means that certain Term Loan Agreement to be dated as of the Issue Date, among the Company, as co-borrower, the US Borrower (as defined therein), the Parent as a guarantor and other guarantors party thereto, the lenders from time to time party thereto, the Second Term Loan Agent, and the Second Term Loan Collateral Agent, as collateral agent for such lenders.
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Second Term Loan Facility means the facility under which Borrower may request cash advances as specified in Section 2.1 (b).
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Examples of Second Term Loan Facility in a sentence

  • The advertisement for the trial must clearly identify the classes offered.

  • The Second Term Loan Facility may be disbursed in one or more advances but the Lender's commitment under the Second Term Loan Facility shall be reduced by each advance thereunder and any sums advanced under the Second Term Loan Facility may not be repaid and then re-borrowed thereunder.

  • From and after the Closing Date through April 29, 1999, the Advances under the Second Term Loan Facility shall bear interest, on the average daily balance thereof, at a rate equal to one-half of one (1) percentage point above the Prime Rate.

  • From and after April 30, 1999 through the Maturity Date, the Advances under the Second Term Loan Facility shall bear interest, on the average daily balance thereof, at a rate equal to, at Borrower's election, either (i) one-half of one (1) percentage point above the Prime Rate; or (ii) three and one-half (3.5) percentage points above the yield of the 42 month Treasury Note as reported in the Western edition of THE WALL STREET JOURNAL, which rate shall be fixed at the time of Borrower's election.

  • The Borrowers shall pay the Second Term Loan Facility Fee to the Agent for the benefit of those Banks making a portion of the Second Term Loan, on the First Amendment Closing Date.


More Definitions of Second Term Loan Facility

Second Term Loan Facility means the term loan facility provided by Lender to Borrower under Section 3.2 hereof.
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Related to Second Term Loan Facility

  • New Term Loan Facility means the facility providing for the Borrowing of New Term Loans.

  • Initial Term Loan Facility means the Initial Term Loan Commitments and the provisions herein related to the Initial Term Loans.

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • Term Loan Facilities means the Term Loan A Facility and the Term Loan B Facility.

  • Incremental Term Loan Facility has the meaning set forth in Section 2.16(a).

  • Existing Term Loan Facility has the meaning specified in Section 2.17(a).

  • Loan Facility means the Revolving Loan Facility, the Transaction Specific Loan Facility or the Transaction Specific Revolving Loan Facility established by Lender in favor of Borrower under the Loan Documents.

  • Refinancing Term Loan Commitments has the meaning assigned to such term in Section 2.26(a).

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • New Term Loan Commitments shall have the meaning provided in Section 2.14(a).

  • Term Loan B has the meaning set forth in Section 2.2(b).

  • Requisite Term Loan Lenders shall in no event mean less than two Term Loan Lenders.

  • Term Loan B Facility means the facility described in Section 2.01(b) providing for an advance of the Term Loan B to the Borrower by the Term Loan B Lenders in the original principal amount of $565,000,000, as adjusted from time to time pursuant to the terms of this Agreement.

  • Other Term Loan Commitments means one or more Classes of term loan commitments hereunder that result from a Refinancing Amendment.

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

  • Additional Term Loan Commitment means any term commitment added pursuant to Sections 2.22, 2.23 and/or 9.02(c)(i).

  • Term Loan A has the meaning set forth in Section 2.2(a).

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Tranche C Term Loan Commitment means, with respect to each Tranche C Term Loan Lender, the commitment of such Lender to make Tranche C Term Loans under the Tranche C Term Loan Incremental Facility Agreement.

  • Tranche B Term Loan Lender each Lender that has a Tranche B Term Loan Commitment or is the holder of a Tranche B Term Loan.

  • Term Loan Claims means any Claim on account of, arising under, derived from, or based upon the Term Loan Documents, including Claims for all principal amounts outstanding, interest, fees, expenses, costs, and other charges arising thereunder or related thereto.

  • Initial Term Loan Lender means a Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • Aggregate Term Loan Commitment means the combined Term Loan Commitments of the Lenders, which shall initially be in the amount of $50,000,000, as such amount may be reduced from time to time pursuant to this Agreement.

  • Tranche A Term Loan Lender each Lender that has a Tranche A Term Loan Commitment or is the holder of a Tranche A Term Loan.

  • Closing Date Term Loan Commitment means, as to each Lender, its obligation to make its Closing Date Term Loans to the Borrower pursuant to Section 2.01(b). The aggregate principal amount of the Closing Date Term Loan Commitments of all Lenders effect on the Closing Date is FOUR HUNDRED MILLION DOLLARS ($400,000,000.00).

  • Initial Term Loan Commitment means the commitment of a Lender to make or otherwise fund an Initial Term Loan and “Initial Term Loan Commitments” means such commitments of all of the Lenders in the aggregate. The amount of each Lender’s Initial Term Loan Commitment, if any, is set forth on Appendix A-1 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Initial Term Loan Commitments as of the Closing Date is $200,000,000.