Term Facility definition

Term Facility means, at any time, (a) on or prior to the Closing Date, the aggregate amount of the Term Commitments at such time and (b) thereafter, the aggregate principal amount of the Term Loans of all Term Lenders outstanding at such time.

Term Facility means the Term Loans provided to or for the benefit of the Borrower pursuant to the terms of this Agreement.

Term Facility means the Term B Facility and/or any or all of the Incremental Term Facilities.

Examples of Term Facility in a sentence

• The Applicable Margin and any other components of yield on any Incremental Term Facility shall be determined by the Lead Borrower and the Lenders thereunder.

• The Administrative Agent is authorized to enter into, on behalf of the Lenders, any amendment (any such amendment, an “Incremental Facility Amendment”) to this Agreement 91 or any other Credit Document as may be necessary to incorporate the terms of any such Incremental Term Facility or Revolving Facility Increase.

• If a Revolving Facility Increase or an Incremental Term Facility is requested, all conditions set forth in Section 2.22 shall have been satisfied.

• No Lender shall have any obligation to provide all or any portion of any such Incremental Term Facility or Revolving Facility Increase.

• The Administrative Agent and the applicable Borrower shall determine the effective date (the “Increase Effective Date”) and the final allocation of any Increased Revolving Commitments, Increased Term Loan Commitments or Incremental Term Facility.

More Definitions of Term Facility

Term Facility the Term Commitments and the Term Loans made thereunder.

Term Facility means the Term Loan Commitments and the Term Loans made thereunder.

Term Facility means, at any time, the aggregate amount of the Term Lenders’ Term Commitments at such time.

Term Facility means, at any time, (a) prior to the Closing Date, the aggregate Term Commitments of all Term Lenders at such time, and (b) thereafter, the aggregate Term Loans of all Term Lenders at such time.

Term Facility means, at any time, the aggregate principal amount of the Term Loans of all Term Lenders of the applicable Class outstanding at such time.

Term Facility as defined in the definition of “Facility”.

Term Facility means a facility in respect of any Term Loan Tranche (including any Term Commitment Increase with respect to any Term Loan Tranche), as the context may require.