Term Loan Facility definition

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

Term Loan Facility means the term loan facility established pursuant to Article IV.

Term Loan Facility means, at any time, (a) on or prior to the Closing Date, the aggregate amount of the Term Loan Commitments at such time and (b) thereafter, the aggregate principal amount of the Term Loans of all Term Loan Lenders outstanding at such time.

Examples of Term Loan Facility in a sentence

• The Initial Term Loan Commitments shall automatically and permanently terminate on the Third Amendment Effective Date upon the funding of the Term Loans under the Initial Term Loan Facility.

• In order to effect such Incremental Term Loan Facility or Revolving Commitment Increase, the Borrowers, the applicable Incremental Lender(s) and the Administrative Agent (but no other Lenders or Persons) shall enter into one or more Joinder Agreements, each in form and substance satisfactory to the Borrowers and the Administrative Agent, pursuant to which the applicable Incremental Lender(s) will provide the applicable Incremental Commitment(s).

• Each Term Loan under the applicable Term Loan Facility shall be made as part of a Borrowing consisting of Term Loans of the same Type made by the applicable Term Loan Lenders ratably in accordance with their respective applicable Term Loan Commitments.

• Subject to the terms and conditions set forth herein and in the applicable Joinder Agreement with respect to the applicable Incremental Term Loan Facility (if any), each Incremental Term Loan Lender under the applicable Incremental Term Loan Facility severally agrees to make a Term Loan to the Borrowers on such applicable Incremental Commitment Effective Date in an aggregate principal amount equal to such Lender’s Incremental Term Loan Commitment under such Incremental Term Loan Facility.

• The Incremental Term Loan Commitments under an Incremental Term Loan Facility (if any) shall automatically and permanently terminate on the applicable Incremental Commitment Effective Date upon the funding of the Term Loans under such Incremental Term Loan Facility.

More Definitions of Term Loan Facility

Term Loan Facility means, at any time, the aggregate principal amount of the Term Loans of all Lenders outstanding at such time.

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

Term Loan Facility means any of the Initial Term Loan Facility, any Incremental Term Loan Facility and any Extended Term Loan Facility.

Term Loan Facility means the term loan facilities contained in the Credit Agreement and any other facilities or financing arrangements that Refinances in whole or in part any such term loan facility.

Term Loan Facility means the Facility evidenced by the Total Term Loan Commitment.

Term Loan Facility shall include any agreement (i) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (ii) adding Subsidiaries of the Borrower as additional borrowers or guarantors thereunder, (iii) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (iv) otherwise altering the terms and conditions thereof.

Term Loan Facility means the Term B Loan Facility and each of the New Term Loan Facilities.