TERM LOAN COMPONENT definition

TERM LOAN COMPONENT means that portion of the Loan in the amount of $11,280,000.00, AS OF THE FIRST AMENDMENT EFFECTIVE DATE, on the terms and conditions set forth in Sections 2.2, 2.3, 2.4 and 2.5 hereof, which amount shall be repaid as provided in Section 2.4 and Section 2.5(b) hereof."
Sample 1
TERM LOAN COMPONENT means that portion of the Loan in the amount of $15,105,600.00 on the terms and conditions set forth in Sections 2.2, 2.3, 2.4 and 2.5 hereof, which amount shall be repaid as provided in Section 2.4 and Section 2.5(b) hereof.
Sample 1

Examples of TERM LOAN COMPONENT in a sentence

  • SHALL MEAN THE PAYMENT ON THE TERM LOAN COMPONENT AND THE REVOLVING LOAN COMPONENT FROM THE PROCEEDS OF THE TFC CONDUIT LOAN IN ACCORDANCE WITH SECTION 2.4(a)(i)." "(sssss) SECOND AMENDMENT.

  • From and after the Effective Date, Borrower agrees punctually to pay or cause to be paid to Agent, as agent for each Lender UNDER THE REVOLVING LOAN COMPONENT AND TO TFC AS LENDER UNDER THE TERM LOAN COMPONENT, all principal and interest due under each Note in respect of the Loans.

  • From and after the Effective Date, Borrower agrees punctually to pay or cause to be paid to Agent, as agent for each Lender UNDER THE REVOLVING LOAN COMPONENT, AND TO TFC AS LENDER UNDER THE TERM LOAN COMPONENT, all principal and interest due under each Note in respect of the Loans.

  • Stock and the Additional Resort Collateral AND A SUBORDINATE SECURITY INTEREST IN THE SILVERLEAF FINANCE II STOCK AND THE SILVERLEAF FINANCE II SUBORDINATED NOTE SUBJECT TO THE SECURITY INTEREST SECURING THE TERM LOAN COMPONENT AND SUBJECT TO THE TERMS AND CONDITIONS SET FORTH IN THE SPV SUBORDINATION AGREEMENT.

  • Borrower's obligation to repay the principal of and interest on the Loan or Loans comprising the Term Loan Component shall be evidenced by an AMENDED AND RESTATED TERM LOAN COMPONENT NOTE TO TFC, which Note shall be dated as of December 19, 2003 and be in the stated principal amount of the Term Loan Component.

Related to TERM LOAN COMPONENT

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

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

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

  • Term Loan Percentage means, with respect to any Term Loan Lender at any time, the percentage of the total outstanding principal balance of the Term Loans represented by the outstanding principal balance of such Term Loan Lender’s Term Loans.

  • Tranche B Term Loan Percentage as to any Lender at any time, the percentage which such Lender's Tranche B Term Loan Commitment then constitutes of the aggregate Tranche B Term Loan Commitments (or, at any time after the Closing Date, the percentage which the aggregate principal amount of such Lender's Tranche B Term Loans then outstanding constitutes of the aggregate principal amount of the Tranche B Term Loans then outstanding).

  • 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.

  • Term Loan Commitment Percentage means, for any Lender, the percentage identified as its Term Loan Commitment Percentage on Schedule 2.1(a), as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 9.6.

  • Incremental Loan has the meaning set forth in Section 2.14(b).

  • 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.

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

  • Term Loan Amount means with respect to any Term Loan Lender, the amount equal to its Term Loan Percentage of the aggregate principal amount outstanding under the Term Loan.

  • Term Loan Committed Amount shall have the meaning set forth in Section 2.2(a).

  • Term Loan Commitment Amount means, with respect to each Lender, the sum of such Lender’s Term Loan Tranche 1 Commitment Amount and Term Loan Tranche 2 Commitment Amount.

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

  • 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 Loan Increase has the meaning set forth in Section 2.14(a).

  • Incremental Term Loan Facility has the meaning set forth in Section 2.16(a).

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.

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

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

  • Tranche C Term Loan Commitment means the commitment of a Lender to make a Tranche C Term Loan to Company pursuant to subsection 2.1A(iii), and "Tranche C Term Loan Commitments" means such commitments of all Lenders in the aggregate.

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

  • Refinancing Term Loan Commitments has the meaning assigned to such term in Section 2.26(a).

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

  • Tranche B Term Loan Facility as defined in the definition of “Facility” in this Section 1.1.

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