Term Loans definition

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

Examples of Term Loans in a sentence

  • The Obligors shall not request or apply any portion of any Term Loan other than in accordance with this Section 2.1 (Term Loans), Sections 2.02 (Term Loan Availability) and 2.10 (Use of Proceeds) of this Agreement and Sections 2.3 (Disbursement Procedures), 2.4 (Pro Rata Advances), 2.6 (Currency) and 12.1 (Use of Proceeds) of the Common Terms Agreement.

  • Nothing herein shall be deemed to relieve any Lender from its obligation to fulfill its Commitments hereunder and, for the avoidance of doubt, a Lender that fails to make its portion of any Advance on the due date for such payment hereunder shall be deemed in default of its obligations under Section 2.01 (Term Loans) or Section 2.03 (Working Capital Loans) above, as applicable.

  • Any failure by the Credit Facility Agent to provide a revised Amortization Schedule as required pursuant to this Section 4.01 (Repayment of Term Loan Advances) shall not affect the Borrower’s obligations to pay the Term Loans in accordance with this Agreement.

  • The Obligors shall not request or apply any portion of any Term Loan other than in accordance with this Section 2.01 (Term Loans), Sections 2.02 (Term Loan Availability) and 2.09 (Use of Proceeds) of this Agreement and Sections 2.3 (Loan Disbursement and Letter of Credit Issuance Procedures), 2.4 (Pro Rata Advances), 2.6 (Currency) and 12.1 (Use of Proceeds) of the Common Terms Agreement.

  • It is acknowledged and agreed by the parties hereto that, as of the Upsize Closing Date, the outstanding Term Loans are not pro rata based on the Commitment Percentage of each Lender.


More Definitions of Term Loans

Term Loans as defined in Section 2.1.
Term Loans means the Initial Term Loans, any New Term Loans, any Replacement Term Loans, and any Extended Term Loans, collectively.
Term Loans means any Initial Term Loan or any Incremental Term Loan, Refinancing Term Loan or Extended Term Loan designated as a “Term Loan”, as the context may require.
Term Loans has the meaning set forth in Section 2.01(c).
Term Loans means the “Term Loans” as defined in the Term Loan Credit Agreement.