Term Loan Principal Debt definition

Term Loan Principal Debt means, on any date of determination, the aggregate unpaid principal balance of all Loans under the Term Loan Facility.
Term Loan Principal Debt means, on any date of determination, the aggregate unpaid principal balance of all Borrowings under the Term Loan Facility.
Term Loan Principal Debt means, when determined, the aggregate outstanding principal balance of the Term Notes (including any accrued and unpaid interest added pursuant to Section 3.5).

Examples of Term Loan Principal Debt in a sentence

  • If all or a portion of the Term Loan Principal Debt is paid or prepaid, then the amount so paid or prepaid may not be reborrowed.

  • If all or any portion of the Term Loan Principal Debt is paid or prepaid by the Borrower, then the amount so paid or prepaid may not be reborrowed.

  • Any voluntary prepayment of the Principal Debt shall be applied to the Revolver Principal Debt and the Term Loan Principal Debt at the Borrower's discretion; provided, that upon any Default or Event of Default, any such prepayment shall be allocated pro rata to each Revolver Lender and each Term Loan Lender in accordance with its Percentage Share of the Principal Debt.

  • A final payment is due on the Termination Date for the Term Loan Facility in an amount equal to all Term Loan Principal Debt then outstanding.

  • All mandatory prepayments pursuant to this Section 2.5(b) shall be applied to reduce the Term Loan Principal Debt in the reverse order of maturity, beginning with the Term Loan Principal Debt due at the Maturity Date.


More Definitions of Term Loan Principal Debt

Term Loan Principal Debt means, on any date of determination, the aggregate unpaid principal balance of all Loans under the Term Loan Facility. THRESHOLD AMOUNT at any time means an amount equal to 5% of the MLP's consolidated assets measured as of the close of the then most recent fiscal quarter end.
Term Loan Principal Debt means the principal amount of indebtedness for borrowed money incurred under the Term Loan Documents.
Term Loan Principal Debt means, when determined, the aggregate outstanding principal amount of the Loans.
Term Loan Principal Debt means, on any date of determination, the sum of the Term Loan A Principal Debt, the Term Loan B Principal Debt, and the Term Loan C Principal Debt.
Term Loan Principal Debt means, on any date of determination, the SUM of the Term Loan A Principal Debt, the Term Loan B Principal Debt, and the Term Loan C Principal Debt. TERM NOTES means collectively, the Term Loan A Notes, the Term Loan B Notes, and the Term Loan C Notes.
Term Loan Principal Debt. Required Lenders," "Termination Date,""Revolving Credit Termination Date," "Term Loan Maturity Date," "Total Commitment Usage" or "Total Commitment"; (iv) increase or decrease any one or
Term Loan Principal Debt means, on any date of determination after the Continuation Date, the aggregate unpaid principal balance of all Borrowings as of such date.