Examples of Term Loan Lender in a sentence
By its execution of this First Amendment, the Borrower hereby covenants that the Borrower shall make any payments to First Amendment Non-Consenting Initial Term Loan Lender required pursuant to Section 2.11 of the Credit Agreement in connection with the Initial Term Loans.
The Administrative Agent shall have received duly executed counterparts hereof that, when taken together, bear the signatures of (i) the Borrower and each of the other Credit Parties, (ii) the Administrative Agent and the Collateral Agent, (iii) any Person that acquires any Initial Term Loans from any First Amendment Non-Consenting Initial Term Loan Lender as contemplated by Section B.5 below and (iv) each Term Loan Lender (determined after giving effect to Section B.5 below).
Each Term Loan Lender’s Solicited Discounted Prepayment Offer shall (x) be irrevocable, (y) remain outstanding until the Acceptance Date, and (z) specify both a discount to par (the “Offered Discount”) at which such Term Loan Lender is willing to allow prepayment of its then outstanding Term Loans and the maximum aggregate Outstanding Amount and Tranches of such Term Loans (the “Offered Amount”) such Lender is willing to have prepaid at the Offered Discount.
Any Term Loan Lender whose Discount Range Prepayment Offer is not received by the Administrative Agent by the Discount Range Prepayment Response Date shall be deemed to have declined to accept a Discounted Term Loan Prepayment of any of its Term Loans at any discount to their par value within the Discount Range.
Any Term Loan Lender whose Solicited Discounted Prepayment Offer is not received by the Administrative Agent by the Solicited Discounted Prepayment Response Date shall be deemed to have declined prepayment of any of its Term Loans at any discount to their par value.