Term Loan 1 definition

Term Loan 1 has the meaning assigned to such term in Section 2.01.
Sample 1
Term Loan 1 means the tranche of the Term Facility in an amount of £75,000,000 which is referred to as Term Loan 1 in Section 2.2 and “Term Loan 1 Maturity Date” means the third (3rd) anniversary of the disbursement of the Term Facility;
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Term Loan 1 means an advance made by any Lender under the Term 1 Facility.
Sample 1Sample 2

Examples of Term Loan 1 in a sentence

  • Term Loan #1 shall accrue interest on the aggregate principal balance thereof from time to time outstanding at a per annum rate equal to the Prime Rate.

  • Term Loan #1 is secured by the primary office, warehouse and land.

  • On or prior to the Closing Date, the Bank shall have received a duly executed Revolving Note, Real Estate Term Loan 1 Note, Real Estate Term Loan 2 Note, Real Estate Term Loan 3 Note, and Real Estate Term Loan 4 Note, each dated as of the Closing Date and complying with the provisions of Section 2 hereof.

  • As security for all indebtedness and other obligations of Borrower to Bank under Term Loan 1, Borrower shall grant, and hereby confirms its prior grant, to Bank a lien of not less than first priority on that certain real property located at 8000 XX Xxxxxxx Xxxxx, Xxxxxxxxx, Xxxxxxxxxx 00000.

  • Repayment of Restructured of Term Loan 1 of Rs.12.82 Crores will commence from October'2016 and shall be repayableIn 78 months by monthly installment of Rs.5.83 lacs for 1st 6 months, Rs. 10.87 lacs p.m for next 24 months, 16.30 lacs p.m. for next 12 months, Rs. 21.74 lacs p.m. for next 24 months and Rs. 22.64 lacs p.m. in next 11 months and last installment of Rs. 19.74 lac.


More Definitions of Term Loan 1

Term Loan 1 shall have the meaning provided in Section 1.01(b).
Sample 1
Term Loan 1 has the meaning set forth in Section 2.1(a).
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Term Loan 1 shall have the meaning set forth in Section 2.4 hereof.
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Term Loan 1 to the Borrower on the Effective Date, in an amount equal to such Lender’s Term Loan 1 Commitment by making immediately available funds available to the Administrative Agent’s designated account, not later than 11:30 a.m., Chicago time, and (c) “Term Loan 2” to the Borrower on the Effective Date, in an amount equal to such Lender’s Term Loan 2 Commitment by making immediately available funds available to the Administrative Agent’s designated account, not later than 11:30 a.m., Chicago time. Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrower may borrow, prepay and reborrow Revolving Loans. Amounts repaid in respect of Term Loans may not be reborrowed.
Sample 1
Term Loan 1. Balance owing as at July 15, 1997 is: Principal: $400,000.04 Interest to July 15, 1997 $ 8,406.33 ----------- Total Owing.......................... $408,406.37 ----------- (per diem interest rate $80.90) 2 -2-
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Term Loan 1. Balance owing as at July 15, 1997 is:
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Term Loan 1 is the term loan advance of $1,200,000 made by Bank to Borrower on March 14, 2003.
Sample 1