Term Loan C Loans definition

Term Loan C Loans means the amounts advanced by the Lenders holding a Term Loan C Commitment to the Borrower as Term Loan C Loans and evidenced by the Term Loan C Notes.
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Term Loan C Loans. With respect to any Advance under the Term Loan C Commitments, the Applicable Margin shall be as set forth in a certificate of the chief financial officer of the Borrower delivered to the Administrative Agent based upon the Total Leverage Ratio for the most recent fiscal quarter end for which financial statements are furnished by the Borrower to the Administrative Agent and each Lender as follows: BASE RATE ADVANCE LIBOR ADVANCE TOTAL LEVERAGE RATIO APPLICABLE MARGIN APPLICABLE MARGIN -------------------- ----------------- ----------------- A. Greater than 7.00:1.00 2.250% 3.250% B. Less than or equal to 2.000% 3.000% 7.00:1.00
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Term Loan C Loans to “Term Loan D Loans” and (ii) “Term Loan C Lender” to “Term Loan D Lender.”
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Examples of Term Loan C Loans in a sentence

  • Amounts prepaid pursuant to this Section 2.7(a) shall be applied to Term Loan A Loans, Term Loan B Loans, Term Loan C Loans or Revolving Loans as the Borrower may direct; PROVIDED, THAT, if the Borrower shall direct amounts prepaid pursuant to this Section 2.7(a) to be applied to Term Loan A Loans, Term Loan B Loans or Term Loan C Loans, such amount shall be applied to the scheduled payments for such Loans in Section 2.7(b) hereof in inverse order of maturity.

  • Subject to the provisions herein and in the Loan Agreement, the Term Loan C Loans shall be fully drawn on the Closing Date; provided, however, that additional revolving or term loan incremental facilities shall be available after the Closing Date subject to the terms and conditions of Section 2.15 of the Loan Agreement.

  • In addition to the foregoing, a final payment of Term Loan C Loans, together with accrued interest and fees with respect thereto and all other Obligations then outstanding, other than the Incremental Facility Loans, if any, shall be due and payable on the Term Loan C Maturity Date.

  • The Ninth District’s decision in this matter represents a clear deviation from established precedent and constitutes an improper effort to expand the logical parameters of the torts of negligent hiring, retention, and supervision.

  • Xxxxxx Title: Chief Financial Officer & Treasurer Each of the Guarantors listed on Annex A attached hereto, by affixing their signature hereto, affirm that the Term Loan C Loans constitute Obligations under the Loan Agreement and the other Loan Documents, including the Guarantees and that all Collateral pledged by them continues to secure all of the Obligations (including the Term Loan C Loans) of the Borrowers, the Restricted Subsidiaries and any other Guarantors.

  • This Term Loan C Note evidences the Lender’s portion of the Term Loan C Loans under, and is entitled to the benefits and subject to the terms of, the Credit Agreement, which contains provisions with respect to the acceleration of the maturity of this Term Loan C Note upon the happening of certain stated events, and provisions for prepayment.

  • For any Term Loan D Loan converted from Term Loan C Loans or funded on the Amendment Effective Date, the initial Interest Period will end on the last day of the current Interest Period for Term Loan C Loans and the LIBOR Basis applicable to the converted Term Loan D Loans during such initial Interest Period will equal the LIBOR Basis during the current Interest Period for Term Loan C Loans.

  • The Borrower shall be entitled to borrow, re-pay and reborrow the portion of the Term Loan C Loans hereunder pursuant to the terms and conditions of the Loan Agreement; PROVIDED, HOWEVER, that on and following the making of the initial Advance under the Term Loan C Commitment there shall be no increase in the aggregate principal amount outstanding hereunder.

  • The Lenders who issued a Term Loan D Commitment agree, severally, in accordance with their respective Term Loan D Commitment Ratios, and not jointly, upon the terms and subject to the conditions of this Agreement, to lend to the Borrower (or convert Term Loan C Loans to Term Loan D Loans) on the Amendment Effective Date an amount which does not exceed in the aggregate the Term Loan D Commitment.

  • Not later than 12:00 Noon, New York City time, on the First Amendment Effective Date each Term Loan C Lender shall make available to the Administrative Agent at the Funding Office an amount in immediately available funds equal to the Term Loan C Loan or Term Loan C Loans to be made by such Term Loan C Lender (or convert Term Loan B Loans to Term Loan C Loans).


More Definitions of Term Loan C Loans

Term Loan C Loans means, collectively, the amounts advanced (or converted) by the Lenders to the Borrower under the Term Loan C Commitment, not to exceed the Term Loan C Commitment.
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Term Loan C Loans means, collectively, the
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Term Loan C Loans means, collectively, the ----------------- amounts advanced in connection with the Notice of Incremental Facility Commitment for Term Loan C."
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Term Loan C Loans has the meaning assigned to such term in the preamble.
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Term Loan C Loans. With respect to any Advance under the Term Loan C Commitments, the Applicable Margin shall be as set forth in a certificate of the chief financial officer of the Borrower delivered to the Administrative Agent based upon the Total Leverage Ratio for the most recent fiscal quarter end for which financial statements are furnished by the Borrower to the Administrative Agent and each Lender as follows:
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Term Loan C Loans means, collectively, the amounts advanced (or converted) by the Lenders to the Borrower under the several obligations of the Lenders to fund their respective portion of the Term Loan C Loans to the Borrower, in an aggregate sum of up to $150,000,000. ‘Total Debt’ shall mean, for the Parent and its Subsidiaries on a consolidated basis as of any date, the sum (without duplication) of (i) the Obligations (ii) the aggregate principal amount of the Senior Subordinated Notes (iii) the aggregate principal amount of the Senior Holdco Notes and (iv) all other Indebtedness for Money Borrowed of the Parent and its Subsidiaries determined in accordance with GAAP.”
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Related to Term Loan C Loans

  • Term Loan C has the meaning set forth in Section 2.2(c).

  • Term Loan B has the meaning set forth in Section 2.2(b).

  • Term Loan A has the meaning set forth in Section 2.2(a).

  • Term Loans means, collectively, the Tranche A Term Loans and the Tranche B Term Loans.

  • Term Loan Advances are each defined in Section 2.1.1(a).

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

  • Term Loan Commitments means the aggregate amount of such commitments of all Lenders.

  • Term Loan B Facility means the facility described in Section 2.01(b) providing for an advance of the Term Loan B to the Borrower by the Term Loan B Lenders in the original principal amount of $565,000,000, as adjusted from time to time pursuant to the terms of this Agreement.

  • Term Loan Notes means the promissory notes of the Borrower (if any) in favor of any of the Term Loan Lenders evidencing the portion of the Term Loan provided by any such Term Loan Lender pursuant to Section 2.2(a), individually or collectively, as appropriate, as such promissory notes may be amended, modified, extended, restated, replaced, or supplemented from time to time.

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • Term Loan Lender means a Lender with a Term Loan Commitment or a Term Loan.

  • Incremental Loan Commitments has the meaning assigned thereto in Section 5.13(a)(ii).

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

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

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Term Loan Borrowing means a borrowing consisting of simultaneous Term Loans of the same Type and, in the case of Eurocurrency Rate Loans, having the same Interest Period made by each of the Term Loan Lenders pursuant to Section 2.01(a).

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Incremental Loans has the meaning assigned to such term in Section 2.22(a).

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Term A Loan Commitment means, as to each Lender, its obligation to make its portion of the Term A Loan to the Borrower pursuant to Section 2.01(c), in the principal amount set forth opposite such Lender’s name on Schedule 2.01. The aggregate principal amount of the Term A Loan Commitments of all of the Lenders as in effect on the Closing Date is $675,000,000.

  • Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).

  • Term Loan Lenders means the lenders from time to time party to the Term Loan Agreement.

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

  • Term Loan Note means a promissory note made by the Borrower in favor of a Term Loan Lender evidencing the portion of the Term Loans made by such Term Loan Lender, substantially in the form attached as Exhibit A-3, and any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part.

  • Revolving Loan Notes means with respect to any Borrower the promissory notes of such Borrower in favor of each Lender evidencing the Revolving Loans made to such Borrower and substantially in the form of Exhibit 2.7(a), as such promissory notes may be amended, modified, supplemented or replaced from time to time.

  • Revolving Loan Commitments means such commitments of all Lenders in the aggregate.