Term Loan Payoff Amount definition

Term Loan Payoff Amount means the aggregate dollar payoff amount of Debt existing and outstanding on the Closing Date and owed by the Company to the Term Loan Lender or its Affiliates pursuant to the Term Loan.
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Term Loan Payoff Amount has the meaning set forth in Section 4.18(b).
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Term Loan Payoff Amount has the meaning set forth in Section 2.3(c)(i)(1)(iii). “Term Loans” has the meaning set forth in the Credit Agreement. “Terminating Purchaser Breach” has the meaning set forth in Section 7.1(d). “Terminating Seller Breach” has the meaning set forth in Section 7.1(c). “Third Party Approvals” has the meaning set forth in Section 3.4. “Third-Party Claim” has the meaning set forth in Section 8.3(a). “Threshold Amount” has the meaning set forth in Section 8.2(f)(i). “Trademarks” means all trademarks, service marks, brand names, trade dress, logos, trade names, Internet domain names, corporate names and d/b/a’s, doing business names, and other source indicators and indicia of origin, including the registrations and applications for registrations thereof and all goodwill associated therewith and symbolized thereby. “Transaction Documents” means this Share Purchase Agreement, the Amended and Restated Articles of Association, the Joint Venture Agreement, the Joint Venture Collaboration Agreement, the Seller and Purchaser Collaboration Agreement, the Support and Transition Agreements, the Purchaser Assignment, Transfer and Assumption Agreements, the Purchaser Intellectual Property Agreement, and the Pre-Closing Restructuring Agreements. “Transaction Term Sheet” has the meaning set forth in the Recitals. “Transferred Business Assets” has the meaning set forth in Section 5.7(a). “Transferred Business IP Agreements” means the Business IP Agreements primarily used in the conduct or operation of the Relevant Group’s Business as presently conducted and operated. “Transferred Business Intellectual Property” means the Intellectual Property primarily used in the conduct or operation of the Relevant Group’s Business as presently conducted and operated.
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Examples of Term Loan Payoff Amount in a sentence

  • On the Effective Date, UCC and HPW, as Borrowers under the Revolving Credit Agreement, shall request Blue Cross to make a loan to them pursuant to the Revolving Credit Agreement in an amount equal to the aggregate amount that UHC owes to Blue Cross under the Term Loan Agreement on the Effective Date ("Term Loan Payoff Amount"), including all unpaid principal and accrued but unpaid interest.

  • Prior to the Closing, Seller shall use commercially reasonable efforts to obtain a customary payoff letter (the “Term Loan Payoff Letter”) for the payoff, discharge and termination of all indebtedness under the Term Loan Credit Agreement as of the Closing (the “Term Loan Payoff Amount”) and the release of all liens on the Acquired Assets thereunder upon payment of the Term Loan Payoff Amount.

  • The proceeds of such loan shall be used immediately to pay the Term Loan Payoff Amount.


More Definitions of Term Loan Payoff Amount

Term Loan Payoff Amount has the meaning set forth in Section 2.3(c)(i)(1)(iii).
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Term Loan Payoff Amount means the amount payable under the Debt Payoff Letter in respect of the Term Loan Agreement, which shall be not less than $2,433,000,000.
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Related to Term Loan Payoff Amount

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

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

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

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

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

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

  • Term Loan Committed Amount shall have the meaning set forth in Section 2.2(a).

  • New Term Loan Facility means the facility providing for the Borrowing of New Term Loans.

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

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

  • Term Loan Obligations means the “Obligations” as defined in the Term Loan Credit Agreement.

  • Refinancing Term Loan Commitments has the meaning assigned to such term in Section 2.26(a).

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

  • Incremental Loan Commitments has the meaning assigned thereto in Section 5.13(a)(ii).

  • Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.

  • Term Loan Facilities means the Term Loan A Facility and the Term Loan B Facility.

  • Term Loan Commitments means the aggregate amount of such commitments of all Lenders.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Mandatory Prepayment Amount for any Debentures shall equal the sum of (i) the greater of: (A) 130% of the principal amount of Debentures to be prepaid, plus all accrued and unpaid interest thereon, or (B) the principal amount of Debentures to be prepaid, plus all other accrued and unpaid interest hereon, divided by the Conversion Price on (x) the date the Mandatory Prepayment Amount is demanded or otherwise due or (y) the date the Mandatory Prepayment Amount is paid in full, whichever is less, multiplied by the VWAP on (x) the date the Mandatory Prepayment Amount is demanded or otherwise due or (y) the date the Mandatory Prepayment Amount is paid in full, whichever is greater, and (ii) all other amounts, costs, expenses and liquidated damages due in respect of such Debentures.

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Shared-Loss Loan Commitment Advance means an advance pursuant to a Shared-Loss Loan Commitment with respect to which the Assuming Institution has not made a Permitted Advance.

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

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.