Term Loan Agreement definition
Examples of Term Loan Agreement in a sentence
Subject to Section 9.4, use the proceeds of the Facility to re-evidence Indebtedness outstanding under the Existing Term Loan Agreement and for the general business purposes of the Borrower, including without limitation working capital needs, closing costs, interim funding for property acquisitions and construction of new industrial properties, and/or payment of other debts and obligations of the Borrower.
The parties to this Agreement agree that, upon (i) the execution and delivery by each of the parties hereto of this Agreement and (ii) satisfaction of the conditions set forth in Section 5.1, the terms and provisions of the Existing Term Loan Agreement shall be and hereby are amended, superseded and restated in their entirety by the terms and provisions of this Agreement.
All “Loans” made and “Obligations” incurred under the Existing Term Loan Agreement which are outstanding on the Agreement Execution Date shall continue as Obligations under (and shall be governed by the terms of) this Agreement and the other Loan Documents.
To: ▇▇▇▇▇ Fargo Bank, National Association, as Administrative Agent Ladies and Gentlemen: Reference is made to that certain ▇▇▇▇▇▇▇ and Restated Term Loan Agreement, dated as of November 12, 2025 (as amended, restated, extended, supplemented or otherwise modified in writing from time to time, the “Agreement”), among KB HOME, a Delaware corporation (the “Borrower”), the Banks from time to time party thereto, and ▇▇▇▇▇ Fargo Bank, National Association, as Administrative Agent.
KB HOME, a Delaware corporation (“Borrower”) has entered into that certain ▇▇▇▇▇▇▇ and Restated Term Loan Agreement dated as of the date hereof (as may be amended, restated, amended and restated, extended, supplemented or modified from time to time, the “Loan Agreement”), with the Lender Parties.