Senior Loans means the term loans made by the Senior Lenders to the Borrower pursuant to the Senior Term Loan Agreement.
Senior Loans has the meaning given to such term in Section 11.4.2.
Senior Loans has the meaning set forth in paragraph (vii) of the definition of “Xxxxx’x Discount Factor.”
Examples of Senior Loans in a sentence
Senior floating-rate loans (Senior Loans) often require prepayments from excess cash flows or permit the borrowers to repay at their election.
Senior Loans usually have shorter terms than more junior obligations and often require mandatory repayments from excess cash flow, asset dispositions and offerings of debt and/or equity securities.
However, Senior Loans will typically have an expected average life of approximately two to four years.
Senior Loans typically have rates of interest which are determined periodically by reference to a base lending rate, plus a spread.
However, Senior Loans will generally have an expected average life of approximately two to four years.
More Definitions of Senior Loans
Senior Loans shall have the meaning assigned to the term “Loans” in the Senior Loan Agreement.
Senior Loans means senior secured floating rate corporate loans typically issued by non-investment grade companies (and unless otherwise specifically noted herein means senior secured floating rate loans issued by non-investment grade companies), with exposure to such gained through (i) direct purchase of senior loans made by banks or other financial institutions to borrowers, (ii) assignments of such interests in senior loans, or (iii) participation interests in senior loans.
Senior Loans has the meaning set forth in paragraph (vii) of the definition of "Xxxxx'x Discount Factor."
Senior Loans the loans made by the Senior Lender to the Borrower pursuant to the Senior Loan Agreement.
Senior Loans is defined in Section 11.15.
Senior Loans means a loan made or to be made by a Senior Lender to OT LLC under the CTA. “Sponsor Senior Loan” has the meaning ascribed thereto in the CTA.