Term Loans definition

Term Loans as defined in Section 2.1.

Term Loans means the Initial Term Loans and the Incremental Term Loans.

Term Loans means Tranche A Term Loans and Tranche B Term Loans.

Examples of Term Loans in a sentence

• The Borrower shall have the right at any time or from time to time to terminate in full (but not in part) all of the then outstanding Applicable Commitments with respect to the Incremental Tranche A Term Loans or the Tranche B Term Loans; provided that the Borrower shall give the Lender and the Administrative Agent at least three (3) Business Days’ prior written notice of each such termination.

• Neither any Lender nor Agent shall be responsible for the failure of any Delayed Draw Term Loan Lender to fund its Pro Rata Share of the Delayed Draw Term Loans required hereunder.

• Since the First Amendment Effective Date, no event, circumstance or change shall have occurred that has caused or would reasonably be expected to cause, either individually or in the aggregate, a Material Adverse Change, both before and after giving effect to the Incremental Tranche A Term Loans to be made on the Incremental Tranche A Funding Date.

• Any principal amounts repaid in respect of the Delayed Draw Term Loans may not be reborrowed.

• No event shall have occurred or be continuing or would result from the making of the Tranche B Term Loans on the Tranche B Funding Date that would constitute a Default or Event of Default.

More Definitions of Term Loans

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

Term Loans means the Initial Term Loans, any New Term Loans, any Replacement Term Loans, and any Extended Term Loans, collectively.

Term Loans has the meaning set forth in Section 2.01(c).

Term Loans means the Loans made by Lenders to Borrower pursuant to subsection 2.1A(i).

Term Loans the collective reference to the Tranche A Term Loans and the Tranche B Term Loans.

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

Term Loans means a Term A Loan, a Term B Loan, an Incremental Term Loan, Specified Refinancing Term Loan or an Extended Term Loan, as the context may require.