Term Loan Extension Offer shall have the meaning set forth in Section 2.28(a).

Term Loan Extension Offer shall have the meaning assigned to such term in Section 2.24(a) (Extension of Term Loans and Revolving Commitments).

Term Loan Extension Offer has the meaning set forth in Section 2.12(a). “Term Loan Extension Series” has the meaning set forth in Section 2.12(a). “Term Loan Exposure” means, with respect to any Term Lender at any time, the outstanding principal amount of such Term Lender’s Term Loans at such time. “Term Loan Facility” means any Class of Term Loans under the same Term Loan Amendment with the same terms applicable thereto. “Term Loan Facility Closing Date” has the meaning assigned to such term in Section 2.11. “Term Loan Increase” has the meaning assigned to such term in Section 2.11(a). “Term Loan Maturity Date” means, (a) with respect to any Term Loans, the final maturity date as specified for such Term Loans in the applicable Term Loan Amendment and (b) with respect to any Extended Term Loans of a given Term Loan Extension Series, the final maturity date as specified in the applicable Extension Amendment. “Term Loan Request” has the meaning assigned to such term in Section 2.11(a). “Term Loans” means the term loans made to the Borrower by the Term Lenders pursuant to Article II, or any portion thereof, as the context requires, and, unless the context requires otherwise, any Extended Term Loan. “Term SOFR” means, (a) for any calculation with respect to a Term SOFR Loan, the Term SOFR Reference Rate for a tenor comparable to the applicable Interest Period (provided that, if the applicable Interest Period is one week, then, prior to the first date on which the Term SOFR Administrator publishes a Term SOFR Reference Rate for a tenor of one week, the Term SOFR Reference Rate for an Interest Period of one week shall be the Term SOFR Reference Rate for a tenor comparable to an Interest Period of one month) on the day (such day, the “Periodic Term SOFR Determination Day”) that is two (2) U.S. Government Securities Business Days prior to the first day of such Interest Period, as such rate is published by the Term SOFR Administrator; provided, however, that if as of 5:00 p.m. (Eastern time) on any Periodic Term SOFR Determination Day the Term SOFR Reference Rate for the applicable tenor has not been published by the Term SOFR Administrator and a Benchmark Replacement Date with respect to the Term SOFR Reference Rate has not occurred, then Term SOFR will be the Term SOFR Reference Rate for such tenor as published by the Term SOFR Administrator on the first preceding U.S. Government Securities

Examples of Term Loan Extension Offer in a sentence

For the avoidance of doubt, no Term Lender shall be obligated to accept any Term Loan Extension Offer.
With respect to all Term Loan Extensions consummated by the Borrower pursuant to this ‎Section 2.23, (i) such Term Loan Extensions shall not constitute voluntary or mandatory payments or prepayments for purposes of ‎Section 2.09 or ‎Section 2.10 and (ii) each Term Loan Extension Offer shall specify the minimum amount of Term Loans to be tendered, which shall be a minimum amount approved by the Administrative Agent (a “Minimum Extension Condition”).
Permitted Term Loan Amendments shall become effective only upon the acceptance by the Agent and only with respect to the Advances and Commitments of those Lenders which accept the applicable Term Loan Extension Offer (such Lenders, the “Extending Term Loan Lenders” and those Lenders which do not accept the applicable Term Loan Extension Offer, the “Non-Extending Term Loan Lenders”).
Notwithstanding anything to the contrary contained herein, no Lenders shall be required to accept any Term Loan Extension Offer or become an Extending Term Loan Lender.
The Borrower shall repay Incremental Term Loans, Extended Term Loans and Other Term Loans in such amounts and on such date or dates as shall be specified therefor in the applicable Incremental Amendment, Term Loan Extension Offer or Refinancing Amendment.
With respect to all Term Loan Extensions consummated by the Borrowers pursuant to this Section 2.23, (i) such Term Loan Extensions shall not constitute voluntary or mandatory payments or prepayments for purposes of Section 2.09 or Section 2.10 and (ii) each Term Loan Extension Offer shall specify the minimum amount of Term Loans to be tendered, which shall be a minimum amount approved by the Administrative Agent (a “Minimum Extension Condition”).
With respect to all Term Loan Extensions consummated by the Borrower pursuant to this Section 2.23, (i) such Term Loan Extensions shall not constitute voluntary or mandatory payments or prepayments for purposes of Section 2.09 or Section 2.10 and (ii) each Term Loan Extension Offer shall specify the minimum amount of Term Loans to be tendered, which shall be a minimum amount approved by the Administrative Agent (a “Minimum Extension Condition”).

More Definitions of Term Loan Extension Offer

Term Loan Extension Offer has the meaning set forthprovided in Section 2.16(b)(i).

Related to Term Loan Extension Offer

Extension Offer has the meaning specified in Section 2.15(a).
Term Loan Extension Request has the meaning set forth in Section 2.16(a).
Pro Rata Extension Offers shall have the meaning assigned to such term in Section 2.21(e).
Term Loan Extension Series has the meaning set forth in Section 2.16(a).
Term Loan Increase has the meaning set forth in Section 2.14(a).
Initial Term Loan Lender means a Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.
Term Loan C has the meaning set forth in Section 2.2(c).
Incremental Term Loan Facility has the meaning set forth in Section 2.16(a).
Revolver Extension Request has the meaning set forth in Section 2.16(b).
Incremental Loan Request has the meaning set forth in Section 2.14(a).
Incremental Loan Commitments has the meaning assigned thereto in Section 5.13(a)(ii).
Extended Loans shall have the meaning assigned to such term in Section 2.21(a).
Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.
Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).
Incremental Term Loan Lender shall have the meaning provided in Section 2.15(b).
Term Loan Election has the meaning specified in Section 2.06.
Additional Credit Extension Amendment means an amendment to this Agreement providing for any Incremental Commitments which shall be consistent with the applicable provisions of this Agreement relating to such Incremental Commitments and otherwise reasonably satisfactory to the Administrative Agent and the Borrower.
Incremental Term Loan Commitments has the meaning set forth in Section 2.24.
New Term Loan Facility means the facility providing for the Borrowing of New Term Loans.
Term Loan B has the meaning set forth in Section 2.2(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 Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).
Maturity Date Extension Request means a request by the Borrower, in the form of Exhibit G hereto or such other form as shall be approved by the Administrative Agent, for the extension of the Maturity Date pursuant to Section 2.20.
Refinancing Revolving Loans means one or more Classes of Revolving Loans that result from a Refinancing Amendment.
Term Loan A has the meaning set forth in Section 2.2(a).
Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).

Term Loan Extension Offer definition

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Related to Term Loan Extension Offer