Term Loan Installment definition

Term Loan Installment has the meaning specified in Section 2.07.
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Term Loan Installment as defined in Section 2.13(a).
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Term Loan Installment has the meaning assigned to such term in Section 2.03(b)Lender” means, collectively, the Term Loan A Lenders and the Term Loan B Lenders.
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Examples of Term Loan Installment in a sentence

  • The principal amount of the Term Loan shall be paid in installments (all such installment payments, collectively, the "Scheduled Term Loan Installment Payments") on the last day of each calendar quarter, commencing with the calendar quarter ending June 30, 2021, in an amount equal to 0.625% times the original principal amount of the Term Loan, as adjusted in accordance with Section 2.3.5 hereof.

  • The outstanding principal amount of this Term Loan Note shall be paid in installments on each Term Loan Installment Date and in the manner specified in the Credit Agreement referred to below.

  • Any optional or mandatory prepayment of Term Loans on or after the Amendment No. 4 Effective Date shall be applied to reduce the amount of subsequent Term Loan Installment Amounts in forward order of maturity.

  • Co-Borrowers shall pay the Backend Financing Fee at the same time as the final Term Loan Installment of each Term Loan.

  • On each Amortization Date, the Borrower shall repay a principal amount of the Term Loans, together with accrued interest thereon, equal to the applicable Term Loan Installment Amount determined as set forth below.

  • Any voluntary prepayments of Delayed Draw Term Loans or voluntary reductions of the Revolving Commitment shall be further applied to reduce, on a pro rata basis, each remaining scheduled Delayed Draw Term Loan Installment and/or Revolving Installment, as the case may be.

  • From and after expiration of the Advancing Term Loan Advance Period, Borrower shall pay to Lender on each Principal Payment Date the Advancing Term Loan Installment Amount.

  • Subject to Section 2.08(d), all prepayments of the Term Loans shall be applied as follows: first, to reduce the principal amount payable by the Borrowers on the most remote scheduled Term Loan Installment Date and all accrued but unpaid interest thereon until such scheduled payment (and unpaid interest) is reduced to zero and second, to reduce the aggregate principal amount payable by the Borrowers on the then remaining Term Loan Installment Dates in the inverse order of their due dates.

  • Each prepayment of the Term Loans pursuant to Section 2.08(c) or 2.09 shall be applied to reduce subsequent Term Loan Installment Amounts ratably by amount.

  • Each Senior Term Loan Note shall be dated the date of this Agreement and stated to mature in accordance with the Senior Term Loan Installment Payment Schedule.


More Definitions of Term Loan Installment

Term Loan Installment means, as applicable, each of the Acquisition Installments and the Reimbursement Installment.
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Term Loan Installment has the meaning assigned to such term in Section 2.03(b).
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Term Loan Installment as defined in subsection 2.3.
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Related to Term Loan Installment

  • Term Loan Installment Date means any Term B Loan Installment Date or any Incremental Term Loan Installment Date.

  • Incremental Term Loan Installment Date shall have, with respect to any Class of Incremental Term Loans established pursuant to an Incremental Assumption Agreement, the meaning assigned to such term in Section 2.10(a)(ii).

  • Term Loan Interest Rate means for any day a per annum rate of interest equal to the greater of either (i) 9.25% plus the prime rate as reported in The Wall Street Journal minus 3.50% and (ii) 9.25%.

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

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

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

  • Term Loan Repayment Date shall have the meaning assigned to such term in Section 2.09.

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

  • Principal Installment means, as of any date of calculation, (i) the aggregate principal amount of Outstanding Bonds due on a certain future date, reduced by the aggregate principal amount of such Bonds which would be retired by reason of the payment when due and application in accordance with the Resolution of Sinking Fund Payments payable before such future date plus (ii) the unsatisfied balance, determined as provided in the Resolution, of any Sinking Fund Payments due on such certain future date, together with the aggregate amount of the premiums, if any, applicable on such future date upon the redemption of such Bonds by application of such Sinking Fund Payments in a principal amount equal to said unsatisfied balance.

  • Term Loan Rate means an interest rate per annum equal to (a) the sum of the Alternate Base Rate plus the Applicable Margin with respect to Domestic Rate Loans and (b) the sum of the Eurodollar Rate plus the Applicable Margin with respect to Eurodollar Rate Loans.

  • Term Loan A Note means a promissory note made by the Borrower in favor of a Term Loan A Lender evidencing the portion of the Term Loan A made by such Term Loan A Lender, substantially in the form of Exhibit C-1.

  • Incremental Term Loan Repayment Dates means the dates scheduled for the repayment of principal of any Incremental Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement.

  • Incremental Term Loan Note means a promissory note made by the Borrower in favor of an Incremental Term Lender evidencing the Incremental Term Loans made by such Incremental Term Lender, and any amendments, supplements and modifications thereto, any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part.

  • Term Advance has the meaning specified in Section 2.01(a).

  • Term Loan as defined in Section 2.1.

  • Extended Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

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

  • 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 A Maturity Date means the earliest of (a) May 24, 2012, or (b) such earlier date upon which the Outstanding Amounts under the Term Loan Facility, including all accrued and unpaid interest, are required to be paid in full in accordance with the terms hereof.

  • Incremental Term Loan Lender shall have the meaning provided in Section 2.15(b).

  • New Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Term Loan Conversion Date means the Termination Date on which all Revolving Credit Advances outstanding on such date are converted into a term loan pursuant to Section 2.06.

  • Loan Amount has the meaning specified in Section 7.06(b) of the Indenture.

  • Initial Term Loan Repayment Amount shall have the meaning provided in Section 2.5(b).

  • 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.