Term Loan Outstandings definition

Term Loan Outstandings means, as of any date of determination, the aggregate principal amount of all Term Loans then outstanding.

Term Loan Outstandings means, as of any date of determination, the aggregate principal amount of the Term Loan then outstanding and all interest accrued thereon.

Term Loan Outstandings means, at any time of calculation, (a) the sum of the then existing aggregate outstanding principal amount of the Term Loan, and (b) when used with reference to any single Lender, the sum of the then existing outstanding principal amount of the Term Loan advanced by such Lender.

Examples of Term Loan Outstandings in a sentence

• If for any reason (A) the Total Term Loan Outstandings plus the aggregate amount of Aggregate TL Principal Payments as of any date of determination exceed (B) the Aggregate TL Commitments plus the Aggregate TL Borrowings as of such date, the Borrower shall immediately prepay the Term Loans in an aggregate amount equal to such excess.

• Any repayment or prepayment of all or any portion of the principal amount of the Term Loans shall constitute a permanent reduction in the Term Loan Outstandings and may not be readvanced to the Borrower.

• Unless the aggregate Term Loan Outstandings are to be prepaid in full, voluntary prepayments of the Term Loans shall be in an aggregate minimum amount of $1,000,000 and in increments of $500,000 in excess of such amount.

• Each voluntary prepayment shall be applied to the unpaid installments of the Term Loans in the inverse order of maturity and shall permanently reduce the Term Loan Outstandings of each Term Loan Lender ratably in accordance with its Term Loan Proportionate Share.

• If for any reason the Total Outstandings (excluding the Term Loan Outstandings) at any time exceed the Aggregate Revolving Credit Commitments then in effect, the Borrower shall immediately prepay Loans in an aggregate amount equal to such excess.

More Definitions of Term Loan Outstandings

Term Loan Outstandings means, with respect to any Term Lender at any time, the sum of the Outstanding Amount of such Term Lender’s Term Loans at such time.

Term Loan Outstandings means, collectively, the Term A Loan Outstandings and the Term B Loan Outstandings.

Term Loan Outstandings means, at any particular time, the principal amount of the Term Loans outstanding at such time.

Term Loan Outstandings means, as of any date of determination, the aggregate outstanding principal balance of the Term Loans made under this Agreement.

Term Loan Outstandings means, as of any date of determination, the sum of the Tranche A Term Loan Outstandings and the Tranche B Term Loan Outstandings;

Term Loan Outstandings means, as of any date of determination, the aggregate principal amount of the Term Loan A Outstandings and the Term Loan B Outstandings."

Term Loan Outstandings means, collectively the TL$ Outstandings and the TLE Outstandings.