Term 1 Loan definition

Term 1 Loan means a loan made by a Term Loan Lender to the Borrower pursuant to the Existing Credit Agreement or Section 2.16. ​
Term 1 Loan means a loan made by a Term Loan Lender to the Borrower pursuant to the Existing Credit Agreement or Section 2.16.
Term 1 Loan means an Additional Term 1 Loan or a Loan that is deemed made pursuant to Section 2.01(d)(i).

Examples of Term 1 Loan in a sentence

  • Kelly, Kristi E; 4401/436817- Present - A motion was made by Denker to deny based on misrepresentation and crimes related to the practice.

  • The Administrative Agent shall have received reasonably satisfactory evidence of repayment of all indebtedness to be repaid on the Incremental Term 1 Loan Effective Date and the discharge (or the making of arrangements for discharge) of all liens other than liens permitted to remain outstanding under the Credit Documentation.

  • These rights of subrogation and reimbursement do not require a separate written acknowledgment from Plan Participant and will not limit any other remedies of the Plan provided by law.Separation of Funds Benefits paid, funds recovered, and funds over which the Plan has an equitable lien exist separately from the estate of the Plan Participant.

  • Subject to the terms and conditions set forth herein, each Incremental Term 1 Lender party hereto as of the date hereof agrees to make Incremental Term 1 Loans on the Incremental Term 1 Loan Effective Date (as defined below) in a single drawing in an aggregate principal amount equal to the Incremental Term 1 Commitments (as defined below).

  • All references to the Credit Agreement in any document, instrument, agreement, or writing shall from and after the Incremental Term 1 Loan Effective Date be deemed to refer to the Credit Agreement as amended hereby, and, as used in the Credit Agreement, the terms “Agreement,” “herein,” “hereafter,” “hereunder,” “hereto” and words of similar import shall mean, from and after the Incremental Term 1 Loan Effective Date, the Credit Agreement as amended hereby.

  • The Alumni Association is a registered charity and issues tax receipts for any donation of $25 or more.Reunions in 2018More details of all these events are posted at www.vichigh.com – click on the Reunions tab.

  • The Borrower may, in its sole discretion prior to the Incremental Term 1 Loan Effective Date, reduce the aggregate amount of the Incremental Term 1 Commitments, in full or in part.


More Definitions of Term 1 Loan

Term 1 Loan means an Additional Term 1 Loan or a Loan that is deemed made pursuant to Section 2.01(d)(i). Section 2.01 of the Credit Agreement is hereby amended by adding the following clause (d) to such Section:
Term 1 Loan each Lender's prorata share of the Aggregate Term 1 Loan.
Term 1 Loan has the meaning assigned to such term in Section 2.01(a)(ii).
Term 1 Loan means a loan made by a Term Loan Lender to the Borrower pursuant to Section 2.2.(a) as such loan may be increased pursuant to Section 2.16. “Term 1 Loan Commitment” means, as to each Term 1 Loan Lender, such Lender’s obligation to make Term 1 Loans on the Effective Date in an amount up to, but not exceeding, the amount set forth for such Lender on Schedule I as such Xxxxxx’s “Term 1 Loan Commitment Amount”. “Term 1 Loan Lender” means a Lender having a Term 1 Loan Commitment, or if the Term 1 Loan Commitments have been terminated, a Lender holding a Term 1 Loan. “Term 1 Loan Maturity Date” means January 3, 2028. “Term 1 Loan Note” means a promissory note of the Borrower substantially in the form of Exhibit L, payable to the order of a Term 1 Loan Lender in a principal amount equal to the amount of such Term 1 Loan Lender’s Term 1 Loan Commitment or, if issued after the Effective Date, the amount of such Term 1 Loan Lender’s Term 1 Loans. “Term 2 Loan” means a loan made by a Term Loan Lender to the Borrower pursuant to Section 2.2.(b) as such loan may be increased pursuant to Section 2.16. “Term 2 Loan Commitment” means, as to each Term 2 Loan Lender, such Lender’s obligation to make Term 2 Loans on the Effective Date in an amount up to, but not exceeding, the amount set forth for such Lender on Schedule I as such Xxxxxx’s “Term 2 Loan Commitment Amount”.

Related to Term 1 Loan

  • Term Loan as defined in Section 2.1.

  • Term B Loans means the term loans made by the Lenders to the Borrower pursuant to Section 2.01(a) and any Incremental Term Loans in the form of Term B Loans made by the Incremental Term Lenders to the Borrower pursuant to Section 2.01(c).

  • Term SOFR Loan means a Committed Loan that bears interest at a rate based on clause (a) of the definition of Term SOFR.