Term Loan definition

Term Loan has the meaning specified in Section 2.01(b).
Term Loan as defined in Section 2.1.
Term Loan means the Initial Term Loans and, if applicable, any Additional Term Loans.

Examples of Term Loan in a sentence

  • The proceeds of the Delayed Draw Term Loan will be used to repay in full the outstanding obligations of the Borrower under the Atrium Settlement Agreement.

  • The principal balance shall bear interest thereon from such Advance Date at the Term Loan Interest Rate, based on a year consisting of three hundred sixty (360) days, with interest computed daily based on the actual number of days elapsed.

  • After repayment, no Term Loan Advance (or any portion thereof) may be reborrowed.

  • The aggregate outstanding Term Loan Advances shall not exceed the Maximum Term Loan Amount.

  • The Term Loan Interest Rate will float and change on the day the Base Rate changes from time to time.


More Definitions of Term Loan

Term Loan means an advance made by any Term Lender under the Term Facility.
Term Loan means a loan made by a Term Loan Lender to the Borrower pursuant to Section 2.2.
Term Loan means a Loan made pursuant to Section 2.01(a).
Term Loan means a Term A Loan or a Term B Loan.
Term Loan shall have the meaning set forth in Section 2.5.
Term Loan has the meaning assigned to such term in Section 2.01.
Term Loan means a Loan made pursuant to clause (a) of Section 2.01.