Senior Term Loan definition

Senior Term Loan means the Term Loans (as defined in the Senior Lender Credit Agreement) and the Term Loans (as defined in the Term Loans B Credit Agreement).

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Senior Term Loan means that certain term loan in the original principal amount of $21,400,000 evidenced by the Senior Term Note.

Senior Term Loan. The term loan in the original principal amount of $18,000,000, made to the Company pursuant to the Senior Credit Agreement.

Examples of Senior Term Loan in a sentence

• Notwithstanding anything to the contrary in the Senior Term Loan Agreement, the parties agree that this Agreement shall be a “Loan Document” under the Senior Term Loan Agreement.

• This Amendment shall become effective on the first date on which the Agents shall have received a duly executed counterpart of this Amendment executed by each Credit Party, Revolving Agent, Term Agent, Collateral Agent, those Senior Revolving Lenders which constitute “Required Lenders” under the Senior Revolving Loan Agreement, those Senior Term Lenders which constitute “Required Lenders” under the Senior Term Loan Agreement, Swingline Lender, and Issuing Bank (such date, the “Effective Date”).

• For the further avoidance of doubt, notwithstanding anything to the contrary set forth herein, Lenders shall not require the consent of WCAS to impose default interest on the Senior Debt under the terms of the Senior Term Loan Documents.

• The Borrower has good title to all its property (other than the Acquired Shares) material to its business, in each case subject only to the Liens created pursuant to the Security Agreement and the Security Documents (as defined in the Senior Term Loan Agreement).

• Existing Borrowers, Guarantors, and Lender are parties to that certain Amended and Restated Senior Term Loan and Security Agreement dated as of November 9, 2007 (as amended, restated, supplemented or otherwise modified from time to time, the “Loan Agreement”).

More Definitions of Senior Term Loan

Senior Term Loan has the meaning ascribed thereto in Section 3.1(a);

Senior Term Loan means any Term Loan pursuant to the Senior Credit Agreement.

Senior Term Loan means the Senior Term Loan as described in Section 2.1.

Senior Term Loan means the Term Loan made pursuant to Section ---------------- 2.01(a) hereof.

Senior Term Loan means the $140.0 million of term loan borrowing pursuant to that certain senior unsecured term loan agreement, to be dated as of December 19, 2003, by and among ▇▇▇▇▇▇▇ ▇▇▇▇▇ Credit Partners L.P. and UBS Securities LLC, as co-syndication agents, Deutsche Bank AG, New York Branch, as administrative agent, and the other agents and lenders named therein, providing for up to $140.0 million of term loan borrowings, and including any related notes, Guarantees, instruments and agreements executed in connection therewith, and in each case as amended from time to time, on terms no less favorable to the Holders than the agreement on the date of this Indenture.

Senior Term Loan means the "Term Loan" as such term is defined in the Senior Loan Agreement together with (A) any partial or complete refinancing of the Term Loan, and (B) any interest accruing on the Term Loan after the commencement of a Proceeding, without regard to whether or not such interest is an allowed claim.

Senior Term Loan means the "Term Loans" (as defined under the ---------------- Senior Loan Agreement) and shall include all amendments, modifications, extensions, renewals, refinancings or refundings thereof in whole or in part from time to time in accordance with the provisions thereof; provided that the -------- "Senior Term Loan" shall not include any Indebtedness or other liabilities or obligations that do not constitute Senior Debt.