Term 1 Loan Lender definition

Term 1 Loan Lender means a Lender holding a Term 1 Loan.
Term 1 Loan Lender means a Lender with outstanding Term 1 Loans.
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”.

Examples of Term 1 Loan Lender in a sentence

  • Subject to the terms and conditions set forth in this Agreement, on the Effective Date, each Term 1 Loan Lender severally and not jointly agrees to make a Term 1 Loan to the Borrower in the principal amount set forth for such Term 1 Loan Lender on Schedule I as such Term 1 Loan Lender’s “Term 1 Loan Commitment Amount”.

  • Promptly after receipt of the Notice of Borrowing under the immediately preceding subsection (d), the Administrative Agent shall notify each Term 1 Loan Lender and ​ Term 2 Loan Lender of the proposed borrowing.

  • Promptly after receipt of the Notice of Borrowing under the immediately preceding subsection (b), the Administrative Agent shall notify each Term 1 Loan Lender and Term 2 Loan Lender of the proposed borrowing.

  • Each Term 1 Loan Lender and each Term 2 Loan Lender shall deposit an amount equal to the Term 1 Loan and/or Term 2 Loan to be made by such Lender to the Borrower with the Administrative Agent at the Principal Office, in immediately available funds not later than 10:00 a.m. Central time on the Effective Date.

  • Upon the funding by each Term 1 Loan Lender of its Term 1 Loan on the Effective Date, the Term 1 Loan Commitment of such Term 1 Loan Lender shall terminate whether or not the full amount of the Term 1 Loan Commitments are funded on such date.

  • Each Term 1 Loan Lender and each Term 2 Loan Lender shall deposit an amount equal to the Term 1 Loan and/or Term 2 Loan to be made by such Term Loan Lender to the Borrower with the Administrative Agent at the Principal Office, in immediately available funds not later than 9:00 a.m. Pacific time on the Effective Date.

Related to Term 1 Loan Lender

  • Term Lender means, at any time, any Lender that has a Term Commitment or a Term Loan at such time.

  • Term A Lender means, at any time, any Lender that has a Term A Commitment or a Term A Loan at such time.

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • Term Loan as defined in Section 2.1.