Term Loan Advance definition

Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).
Term Loan Advance means any Term Loan funds advanced under this Agreement.
Term Loan Advance means each Tranche 1 Advance, Tranche 2 Advance, Tranche 3 Advance, Tranche 4 Advance and any other Term Loan funds advanced under this Agreement.

Examples of Term Loan Advance in a sentence

  • The request for the Term Loan Advance hereunder shall specify (i) the requested Term Loan Advance Date, and (ii) the amount of the Term Loan Advance to be made on such date.

  • No Default or Event of Default shall have occurred and be continuing on the Closing Date or will exist after giving effect to the Term Loan Advance made on such date and after giving effect to the consummation of the Merger (EFMC).

  • The request for the Term Loan Advance hereunder shall be irrevocable and shall be deemed a representation by the Borrower that, on the requested Term Loan Advance Date and after giving effect to the requested Term Loan Advance, the applicable conditions specified in Article III have been and will be satisfied.

  • The representations and warranties contained in Article IV shall be true and correct in all material respects on and as of the Closing Date and on the date of the Term Loan Advance, with the same force and effect as if made on such date.

  • Upon the occurrence of the Term Loan Advance, the Term Loan Commitment shall expire.


More Definitions of Term Loan Advance

Term Loan Advance has the meaning set forth in Section 2.17.
Term Loan Advance is defined in Section 2.1.1(a).
Term Loan Advance means a borrowing requested by Borrower and made by the Term Loan Lenders pursuant to Section 4.1(a) hereof, including without limitation any refunding or conversion of such borrowing pursuant to Section 4.4 hereof, and may include, subject to the terms hereof, Eurodollar-based Advances and Base Rate Advances.
Term Loan Advance means an Advance under the Term Loan Facility.
Term Loan Advance means an Advance pursuant to Section 2.1(a)
Term Loan Advance and “Term Loan Advances” are each defined in Section 2.3 of this Agreement.
Term Loan Advance has the meaning specified in Section 2.01(a). -----------------