Series A Term Loan definition

Series A Term Loan shall have the meaning set forth in Section 1.1(2) of the Credit Agreement.
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Series A Term Loan means the term loan in the aggregate principal amount of $20,000,000 owed by the Company to Varde pursuant to the Credit Agreement.
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Series A Term Loan means a Series A Term Loan made by an Existing Lender to Gathering pursuant to Section 2.1(a)(ii) of the Existing Credit Agreement.
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Examples of Series A Term Loan in a sentence

  • If a new IRO is engaged, Amgen shall submit the information identified in Section V.A.9 of the CIA to OIG within 30 days of engagement of the IRO.

  • On the Substantial Consummation Date, the First Priority Senior Secured Claims shall be cancelled and each existing Holder of such Claims shall receive in full and final satisfaction of such Claims a portion of the Series A Term Loan in a principal amount equal to such First Priority Senior Secured Claim.

  • As you are aware, Xxxxxxxx has failed to perform obligations owed to the Lender Group under the terms and conditions of the Credit Agreement as a result of Borrower’s failure to comply with Sections 2.12(a), 2.12(b) and 7.01(b) which requires Borrower to begin paying cash interest on the Series A Term Loan beginning March 17, 2013, and cash interest on the Series B Term Loan respectively (collectively, the “Specified Events of Default”).

  • No amount repaid with respect to Series A Term Loan may be reborrowed.

  • The Borrowers promise to pay to the Agent for the account of the Banks the principal amount of Series A Term Loan plus interest thereon as set forth in ss.5.1 hereof, in equal consecutive quarterly installments, such installments to be due and payable on January 31, April 30, July 31 and October 31, commencing October 31, 1997 with a final payment on the Series A Term Loan Maturity Date in an amount equal to the unpaid balance of Series A Term Loan.

  • Each Term Lender party to this Agreement as of the Closing Date made a Series A Term Loan (as defined below) to the Borrower on December 8, 2011 and the outstanding principal balance of the Series A Term Loan held by such Term Lender as of the Closing Date is equal to the amount set forth opposite such Term Lender’s name in Schedule A to this Agreement.

  • All "Revolving Credit Loans" or "Letters of Credit", (as defined in the Prior Credit Agreement) outstanding under the Prior Credit Agreement on the Closing Date shall become Revolving Credit Loans or Letters of Credit hereunder, as the case may be, and "Term Loan (I)" and "Term Loan (II)" (as defined in the Prior Credit Agreement) outstanding under the Prior Credit Agreement on the Closing Date shall become the Series A Term Loan hereunder.

  • Defendant argues that because the plaintiff has sought protection for its product with a design patent, it is preempted from seeking trade dress protection under the Lanham Act.

  • The amount of principal owing on any Series A Term Lender's Series A Term Note shall be the amount of such Series A Term Lender's Series A Term Loan minus all payments of principal theretofore received by such Series A Term Lender on such Series A Term Note.

  • Series A Term Loan shall be evidenced by separate promissory notes of the Borrowers in substantially the form of Exhibit F hereto (each a "Series A Term Note"), dated as of the Closing Date and completed with appropriate insertions.

Related to Series A Term Loan

  • Tranche A Term Loan as defined in Section 2.1.

  • ABR Term Loan means any Term Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.

  • Tranche B Term Loan as defined in Section 2.1.

  • Tranche A Term Loans means Loans made by the Tranche A Term Lenders pursuant to Section 2.01(a).

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

  • Tranche C Term Loan as defined in Section 2.1.

  • Tranche A Term Note shall have the meaning provided in Section 1.05(a).

  • Initial Term Loan shall have the meaning provided in Section 2.1(a).

  • Tranche A Term Loan Commitment means the commitment of a Lender to make or otherwise fund the Tranche A Term Loan and “Tranche A Term Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of the Tranche A Term Loan Commitments as of the Closing Date is $5,000,000.

  • Tranche B Term Loans means the Loans made by Lenders to Company pursuant to subsection 2.1A(ii).

  • 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.

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

  • Incremental Term Loan has the meaning set forth in Section 2.14(b).

  • Extended Term Loan shall have the meaning assigned to such term in Section 2.21(e).

  • Initial Term Loans means the term loans made by the Lenders on the Closing Date to the Borrower pursuant to Section 2.01(a).

  • Incremental Term Loan Borrowing Date means, with respect to each Class of Incremental Term Loans, each date on which Incremental Term Loans of such Class are incurred pursuant to Section 2.01(b) and as otherwise specified in any amendment providing for Incremental Term Loans in accordance with Section 2.22.

  • Tranche A Term Commitment as to any Lender, the obligation of such Lender, if any, to make a Tranche A Term Loan to the Borrower on the Incremental Facilities Closing Date in a principal amount not to exceed the amount set forth under the heading “Tranche A Term Commitment” opposite such Lender’s name on Schedule 1.1A. The original aggregate amount of the Tranche A Term Commitments is $20,000,000.

  • Tranche B Term Note shall have the meaning provided in Section 1.05(a).

  • Base Rate Term Loan means a Term Loan that is a Base Rate Loan.

  • 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.

  • Tranche A Term Loan Maturity Date means October 20, 2015.

  • Incremental Term A Loans has the meaning specified in Section 2.14(a).

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

  • LIBOR Term Loan means any Term Loan bearing interest at a rate determined by reference to the LIBOR Rate.

  • Tranche B Term Loan Facility as defined in the definition of “Facility” in this Section 1.1.

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