Term Loan Rate Request definition

Term Loan Rate Request means a request for the refunding or conversion of any Advance of the Term Loan submitted by Borrower under Section 4.4 of this Agreement in the form attached hereto as Exhibit L.
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Term Loan Rate Request means the Term Loan Rate Request issued by the Company and the Permitted Borrowers under this Agreement in the form attached to this Agreement as Exhibit K.
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Term Loan Rate Request means a request for the refunding or conversion of any Advance of a Term Loan submitted by Borrower under Section 4.4 of this Agreement in the form attached hereto as Exhibit L.
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Examples of Term Loan Rate Request in a sentence

  • As of the Third Amendment Effective Date, the Term Loan facility granted to Borrower pursuant to the Credit Agreement is hereby terminated and all references in the Credit Agreement to Majority Term Loan Lenders, Term Loan, Term Loan Advance, Term Loan Amount, Term Loan Lenders, Term Loan Maturity Date, Term Notes, Term Loan Percentage and Term Loan Rate Request, are hereby deleted in their entirety, mutatis mutandis, and are of no further force and effect.

  • The information required to be specified in a Term Loan Rate Request may be given telephonically by Borrower to Bank, but upon giving such telephonic notice, Borrower shall immediately thereafter provide Bank with the fully completed and executed Term Loan Rate Request.

  • If no Event of Default exists hereunder and Borrower desires to renew such Eurodollar Loan and the amount thereof is at least an Incremental Portion, Borrower shall deliver the Term Loan Rate Request required in Section S.3 hereof and designate whether the Eurodollar Interest Period to commence on the expiration date of the prior Eurodollar Interest Period shall be a thirty day, sixty day, ninety day, or one hundred eighty day period.

  • If a Term Loan Rate Request is not timely received from the Borrower, such Advance shall be continued as a Eurodollar Loan with an Interest Period of one month.

  • Upon receipt of any Term Loan Rate Request from the Borrower, the Agent shall promptly notify each Term Loan Lender thereof.

  • Each Term Loan Rate Request shall be delivered to Bank by 10 a.m. (Fort Worth, Texas time) on the date of the proposed transaction in the case of a Prime Rate Loan, and by 10 a.m. (Fort Worth, Texas time) two (2) Business Days prior to the date of the proposed transaction in the case of a eurodollar Loan.

  • Borrower shall select the interest rate or rates for the Term Note by means of completing a request (the "Term Loan Rate Request") in the form of Exhibit "B." attached hereto with blanks completed in conformity herewith.


More Definitions of Term Loan Rate Request

Term Loan Rate Request. See Section 5.3.
Sample 1
Term Loan Rate Request means that certain request in substantially the form of Exhibit J. Tranche - The collective reference to Eurodollar Loans in the then current Interest Period with respect to all of which begin on the same date and end on the same later date (whether or not such Eurodollar Loans shall originally have been made on the same day). Tranches may be referred to as “Eurodollar Tranches”. Type - A Revolving Loan made as a Base Rate Loan or a Revolving Loan made as a Eurodollar Loan. Unscheduled Redeterminations - As defined in Section 6(b). Unused Availability - The excess, if any, of (a) the lesser of (i) the Borrowing Base less Letter of Credit Exposure or (ii) the Maximum Line Amount less Letter of Credit Exposure minus (b) the aggregate Revolving Loans then outstanding.
Sample 1

Related to Term Loan Rate Request

  • Incremental Loan Request has the meaning set forth in Section 2.14(a).

  • 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 Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Incremental Term Loan Borrowing Date means, with respect to each Class of Incremental Term Loans, each date on which Incremental Term Loans of such Class are incurred pursuant to Section 2.01(b) and as otherwise specified in any amendment providing for Incremental Term Loans in accordance with Section 2.22.

  • Term Loan Borrowing means a borrowing consisting of simultaneous Term Loans of the same Type and, in the case of Eurocurrency Rate Loans, having the same Interest Period made by each of the Term Loan Lenders pursuant to Section 2.01(a).

  • Term Loan Extension Request has the meaning set forth in Section 2.16(a).

  • 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 Loan Election has the meaning specified in Section 2.06.

  • Term Loan Increase has the meaning set forth in Section 2.14(a).

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

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

  • Incremental Term Loan Lender shall have the meaning provided in Section 2.15(b).

  • Loan Request means a Loan request and certificate duly executed by an Authorized Officer of the Borrower substantially in the form of Exhibit B hereto.

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

  • Term Loan Lender means a Lender with a Term Loan Commitment or a Term Loan.

  • Revolving Loan Borrowing means a borrowing of a Revolving Loan.

  • Term SOFR Rate Loan means a Loan that bears interest based on the Term SOFR Rate.

  • Notice of Loan Prepayment means a notice of prepayment with respect to a Loan, which shall be substantially in the form of Exhibit 2.05 or such other form as may be approved by the Administrative Agent (including any form on an electronic platform or electronic transmission system as shall be approved by the Administrative Agent), appropriately completed and signed by a Responsible Officer.

  • Term Loan Repayment Date shall have the meaning assigned to such term in Section 2.09.

  • Term SOFR Borrowing means a Borrowing comprised of Term SOFR Loans.

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

  • Term Loans means, collectively, the Tranche A Term Loans and the Tranche B Term Loans.

  • Incremental Term Loan Facility has the meaning set forth in Section 2.16(a).

  • Incremental Term Loan Maturity Date means the final maturity date of any Incremental Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement.

  • 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.