Term Loan Date definition

Term Loan Date means the funding date of any Term Loan.

Term Loan Date. The date of the making of any Term Loans hereunder.

Term Loan Date. The date of the making of the Tranche A3 Term Loans and the Tranche B3 Term Loans, which date shall be a single Business Day during the Tranche 3 Availability Period.

Examples of Term Loan Date in a sentence

• The principal of this Note may be due and payable in whole or in part prior to the Term Loan Date and is subject to mandatory prepayment in the amounts and under the circumstances set forth in the Credit Agreement, and may be prepaid in whole or from time to time in part, all as set forth in the Credit Agreement.

• Any New Term Loans made pursuant to New Term Loan Commitments that become effective on a New Term Loan Date, as well as the Term Loans, shall be designated a separate series (a “Series”) of Loans for all purposes of this Agreement.

• Each Term Note shall be dated the Term Loan Date (or later "effective date" under any Assignment and Acceptance) and be duly and validly executed and delivered by the Borrower.

• Upon the terms and subject to the conditions of, and in reliance upon the representations and warranties made under, this Agreement, each Lender agrees severally, but not jointly, to advance to the Borrower on the Term Loan Date a Term Loan (which shall be a Prime Rate Loan) in a principal amount equal to such Lender's Proportionate Share of the Term Loan Facility.

• On or prior to the Tender Offer Closing Date, (i) the Effective Date shall have occurred and (ii) there shall have been delivered to the Administrative Agent for the account of each Bank the appropriate A Term Note, B Term Note (if the Initial B Term Loan Date) and/or Revolving Note executed by the respective Borrower, in each case, in the amount, maturity and as otherwise provided herein.

• The Borrower shall give the Agent at least two Business Days' prior written notice of the occurrence of the Term Loan Date.

• Funds appropriated 13 herein shall be used by independent colleges to expand opportunities 14 for the educationally and economically disadvantaged at independent 15 institutions of higher learning ...

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

• Borrower shall make monthly principal payments in the amount of Two Hundred Fifty Thousand Dollars ($250,000) on the first day of each month beginning on February 1, 2020, and continuing on the first day of each month thereafter through the first anniversary of the Term Loan Date (the “Term Loan Maturity Date”), at which time all amounts owing under this Section 2.1(b) shall be immediately due and payable.

• The Development Loan Commitment Fee shall accrue at all times during the Development Loan Availability Period, including at any time during which one or more of the conditions in Article IV is not met, and shall be due and payable monthly in arrears on the first Business Day of each month, commencing with the first such date to occur after the Closing Date, and on the Converted Term Loan Date.

More Definitions of Term Loan Date

Term Loan Date has the meaning set forth in SECTION 2B.6.

Term Loan Date means the date on which the Construction Loan is converted to a Term Loan.

Term Loan Date means the date that the Construction Loans are converted to -------------- Term Loans. Third Party Fees: all fees and expenses incurred by or on behalf of the ---------------- Partnership for third-party accounting, tax preparation and audit services and third-party legal, consulting, other professional services and other services, except fees and expenses incurred for services that the Managing General Partner is required to provide in the performance of its responsibilities or the discharge of its duties under this Agreement.

Term Loan Date means the date upon which the proceeds of the Term Loan are disbursed to Borrowers.