Term H Loan definition

Term H Loan means an advance made by any Term H Lender under the Term H Facility.
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Term H Loan each Term H Loan outstanding under the Existing Credit Agreement on the Restatement Effective Date.
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Term H Loan each Term H Loan (as defined in the Term H/I Loan Incremental Activation Notice) outstanding on the Amendment No. 5 Effective Date.
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Examples of Term H Loan in a sentence

  • Following any Escrow Assumption, each Term H Loan assumed by the Borrower shall be deemed outstanding under this Agreement as a Term H Loan.

  • Subject to the terms and conditions hereof and in the Credit Agreement, (x) each Term H Lender severally agrees to make a loan (the “Term H Loan”), in each case, on the Incremental Facilities Effective Date in an amount equal to its Term H Loan Commitment pursuant to a single borrowing and (y) each Term I Lender severally agrees to make a loan (the “Term I Loan”), in each case, on the Incremental Facilities Effective Date in an amount equal to its Term I Loan Commitment pursuant to a single borrowing.

  • This may be accomplished by requiring each outstanding Eurodollar 2021 Term H Term Loan Borrowing to be converted into an ABR Term Borrowing on the date of each Incremental Term Loan, or by allocating a portion of each Incremental Term Loan to each outstanding Eurodollar 2021 Term H Loan Borrowing on a pro rata basis.

  • Each Term H Loan and Term I Loan shall initially be the Type of Loan specified in the Notice of Borrowing delivered pursuant to clause (b) of Article Four below until otherwise converted or continued in accordance with the Credit Agreement.

  • Applicable Percentage: The Applicable Percentage will be, with respect to any Eurodollar 2021 Term H Loan, 3.00% per annum, and with respect to any ABR 2021 Term H Loan, 2.00% per annum.


More Definitions of Term H Loan

Term H Loan. $1,000 million of Term H Loans outstanding on the Closing Date as the same may be increased or decreased in accordance with the terms hereof.
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Related to Term H Loan

  • Term A-2 Loan means an advance made by any Term A-2 Lender under the Term A-2 Facility.

  • Term C Loan is defined in Section 2.2(a)(iii) hereof.

  • Tranche A Term Loan as defined in Section 2.1.

  • Term B-2 Loan means the Loan in the amount set forth in Section 2.01(a)(i).

  • Term A Loan is defined in Section 2.2(a)(i) hereof.

  • Tranche C Loan has the meaning specified in Section 2.01(c).

  • 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.

  • Term B Loan is defined in Section 2.2(a)(ii) hereof.

  • Term A-1 Loan means an advance made by any Term A-1 Lender under the Term A-1 Facility.

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

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

  • Delayed Draw Term Loan has the meaning specified in Section 2.01(b).

  • Term B-1 Loan means a Loan made pursuant to Section 2.01(a).

  • Term Loan has the meaning specified in Section 2.01(b).

  • Tranche B Term Loan as defined in Section 2.1.

  • Tranche C Term Loan as defined in Section 2.1.

  • 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.

  • Term B-1 Loans has the meaning specified in Section 2.01(a)(ii).

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

  • Delayed Draw Term Loan Lender means a Lender with a Delayed Draw Term Loan Commitment or an outstanding Delayed Draw Term Loan.

  • PIK Loan means a Loan that permits the Obligor thereon to defer or capitalize any portion of the accrued interest thereon.

  • 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.

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.

  • Tranche B Loan has the meaning specified in Section 2.01(b).

  • Tranche A Loan shall have the meaning set forth in Section 2.01(a).

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