Term Facility Loans definition

Term Facility Loans means collectively, delayed draw term loans made pursuant to Section 2.01(b).
Term Facility Loans means the loans made by the Lenders as evidenced by, among other things, the Register.
Term Facility Loans means collectively, delayed draw term loans made pursuant to Section 2.01(b). The aggregate principal amount of the Term Facility Loans on the Fourth Amendment Effective Date is $225,333,333.34.

Examples of Term Facility Loans in a sentence

  • The obligations of the Lenders hereunder to make Revolving Credit Loans and Incremental Term Facility Loans, to fund participations in Letters of Credit and Swing Line Loans and to make payments pursuant to Section 11.04(c) are several and not joint.

  • The Borrower shall repay to the applicable Incremental Term Facility Lenders the aggregate amount of all Incremental Term Facility Loans made under an Incremental Term Facility at such times as may be set forth in the amendment or supplement to this Agreement executed in connection with such Incremental Term Facility.

  • If the Borrower fails to specify a Type of Loan in a Committed Loan Notice or if the Borrower fails to give a timely notice requesting a conversion or continuation, then the applicable Revolving Credit Loans or Incremental Term Facility Loans shall be made as, or converted to, Base Rate Loans.

  • Borrower shall use commercially reasonable efforts to obtain ratings from each of Xxxxx’x and S&P for the Term Facility Loans prior to the date that is 270 days after the Closing Date.

  • It is the understanding, agreement and intention that once made pursuant to this Section 2.01(b), any Term Facility Loans shall be part of the same Tranche, indistinguishable from one another.


More Definitions of Term Facility Loans

Term Facility Loans means the “Term Loans” under the Term Facility Credit Agreement.
Term Facility Loans means the loans made by the Lenders as evidenced by, among other things, the Register. “Total Asset Value” shall mean the aggregate of:
Term Facility Loans means collectively, delayed draw term loans made pursuant to Section 2.01(b). “Term Facility Maturity Date” shall mean the date that is the sixth anniversary of the Closing Date. “Term Facility Notes” shall mean the promissory notes substantially in the form of Exhibit A‑2.
Term Facility Loans means the Term Facility A Loan, the Term Facility B Loan, and the Term Facility C Loan, and "TERM FACILITY LOAN" shall be construed accordingly.
Term Facility Loans means collectively, the term loans made pursuant to Section 2.01(a).
Term Facility Loans means collectively, the term loans made pursuant to Section 2.01(a). “Term Facility Maturity Date” shall mean the date that is the sixth anniversary of the Closing Date. “Term Loan Extension Request” shall have the meaning provided in Section 2.13(a).
Term Facility Loans means collectively, delayed draw term loans made pursuant to Section 2.01(b). “Term Facility Maturity Date” shall mean the date that is the sixth anniversary of the Closing Date. “Term Facility Notes” shall mean the promissory notes substantially in the form of Exhibit A-2. “Term Loan Commitments” shall mean, collectively, (a) the Term Facility Commitments and (b) any Other Term Loan Commitments. “Term Loan Extension Request” shall have the meaning provided in Section 2.13(a). “Term Loans” shall mean, collectively, the Term Facility Loans, any Extended Term Loans and any Other Term Loans. “Test Period” shall mean, for any date of determination, the period of the four most recently ended consecutive fiscal quarters of Borrower and its Restricted Subsidiaries for which quarterly or annual financial statements have been delivered or are required to have been delivered to Administrative Agent or have been filed with the SEC. “Total Revolving Commitments” shall mean, at any time, the Revolving Commitments of all the Revolving Lenders at such time. The Total Revolving Commitments on the Closing Date are $375.0 million. “Tranche” shall mean (i) when used with respect to the Lenders, each of the following classes of Lenders: (a) Lenders having Revolving Loans incurred pursuant to the Closing Date Revolving Commitment or Closing Date Revolving Commitments, (b) Lenders having such other Tranche of Revolving Loans or Revolving Commitments created pursuant to an Extension Amendment, (c) Lenders having Term Facility Loans or Term Facility Commitments and (e) Lenders having such other Tranche of Term Loans or Term Loan Commitments created pursuant to an Extension Amendment or Refinancing Amendment, and (ii) when used with respect to Loans or Commitments, each of the following classes of Loans or Commitments: (a) Revolving Loans incurred pursuant to the Closing Date Revolving Commitment or Closing Date Revolving Commitments, (b) such other Tranche of Revolving Loans or Revolving Commitments created pursuant to an Extension Amendment, (c) Term Facility Loans or Term Facility Commitments and (d) such other Tranche of Term Loans or Term Loan Commitments created pursuant to an Extension Amendment or Refinancing Amendment. “Transactions” shall mean, collectively, (a) the entering into of this Agreement and the other Credit Documents and the borrowings hereunder, if any, on the Closing Date, (b) the making of the Pre-Closing Equity Contribution prior to the Closing Date, and (...