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 means, as applicable, each of the Acquisition Installments and the Reimbursement Installment.
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Examples of Term Loan Installment in a sentence

  • 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.

  • 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.

  • 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.

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

  • 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.

  • In the event that Co-Borrowers begin making Accelerated Term Loan Installments but the Cash Flow Ratio as at the end of any calendar month is equal to or greater than 4:1 for two (2) consecutive months, then Co-Borrowers shall resume, as of the next date that an Accelerated Term Loan Installment would fall due, making payments of principal and interest in an amount equal to the Term Loan Installments.

  • 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.

  • In the event that either (i) the Cash Flow Ratio as at the end of any calendar month is less than 4:1 or (ii) there is a Material Adverse Event, then Co-Borrowers shall begin, as of the next date that a Term Loan Installment would fall due, making payments of principal and interest equal to two (2) times the Term Loan Installments (referred to herein collectively as "Accelerated Term Loan Installments" and individually as a "Accelerated Term Loan Installment").

  • 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.

  • Spa Installment and (d) on any date from and after the date on which the initial Term Loan Installment has been advanced hereunder, a term loan, in Dollars, to the Borrower in an aggregate amount equal to such Lender's Term Loan Pro Rata Share of the Supplemental Installment (each individually, a "Term Loan" and, collectively, the "Term Loans").


More Definitions of Term Loan Installment

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

  • Term Loan Interest Rate means for any day a per annum rate of interest equal to the greater of (i) (a) the prime rate as reported in The Wall Street Journal, plus (b) 5.90%, and (ii) 9.15%.

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

  • 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 a 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 July 29, 2025.

  • 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).

  • Balloon Instalment has the meaning given in Clause 8.1;

  • 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.