Term Percentage definition

Term Percentage as to any Term Lender at any time, the percentage which such Lender’s Term Commitment then constitutes of the aggregate Term Commitments (or, at any time after the Closing Date, the percentage which the aggregate principal amount of such Lender’s Term Loans then outstanding constitutes of the aggregate principal amount of the Term Loans then outstanding).

Term Percentage means, at any time with respect to any Term Facility, a fraction (expressed as a percentage) the numerator of which is equal to the aggregate Effective Amount of all Loans under such Term Facility outstanding at such time and the denominator of which is equal to the aggregate Effective Amount of all Term Loans outstanding at such time.

Term Percentage means, with respect to any Term Lender, the percentage of the aggregate principal amount of the then outstanding Term Loans represented by the aggregate principal amount of such Term Lender’s then outstanding Term Loans.

Examples of Term Percentage in a sentence

• Each Term Lender shall not later than 12:00 p.m. on each Borrowing Date in respect of a Term Advance make its Term Percentage of the applicable Requested Amount available to the Borrower by disbursing such funds in Dollars to the Principal Collection Account.

• In a single Borrowing made on the Restatement Effective Date, occurring on or prior to the applicable Commitment Termination Date, each Lender that has a New Term Loan Commitment agrees that it will make Loans (relative to such Lender, its “New Term Loans”) to the Borrower denominated in Dollars equal to such Lender’s New Term Percentage of the aggregate amount of the Borrowing, which shall be for the full New Term Loan Commitment Amount.

• Subject to the terms of Section 2.22, Advances hereunder shall consist of Loans made by the Lenders in each Class ratably based on each such Lender’s applicable Term Percentage for such Class.

• Each such payment shall be allocated to each Term Lender by the Administrative Agent in an amount equal to such Lender’s Term Percentage multiplied by the amounts to be paid set forth below.

• The Administrative Agent will promptly notify each Lender of its receipt of each such notice, and of the amount of such Lender’s Applicable Revolving Percentage or Applicable Term Percentage, as the case may be, of such prepayment.

More Definitions of Term Percentage

Term Percentage as to any Term Lender at any time, the percentage which such Lender’s Term Commitments and funded Term Loans then constitutes of the aggregate Term Commitments and funded Term Loans of all Lenders.

Term Percentage as to any Term Lender at any time, the percentage which such Lender’s Term Loans then outstanding constitutes of the aggregate principal amount of the Term Loans then outstanding.

Term Percentage means the percentage which the aggregate principal amount of such Lender’s Loans then outstanding constitutes of the aggregate principal amount of the Loans then outstanding.

Term Percentage means, as to any Term Lender at any time, the percentage which such Lender’s Term Commitment then constitutes of the aggregate Term Commitments (or, at any time after the Closing Date, the percentage which the aggregate principal amount of such Lender’s Term Loans then outstanding constitutes of the aggregate principal amount of the Term Loans then outstanding).

Term Percentage means for each Term Lender of a given Class, the ratio that such Term Lender’s outstanding Term Loans of such Class bears to the total outstanding Term Advances of such Class, expressed as a percentage.

Term Percentage as to any Term Lender at any time, the percentage (carried out to the ninth decimal place) which such Lender’s Term Commitment then constitutes of the aggregate Term Commitments (or, at any time after the Initial Seventh Amendment Effective Date, the percentage which the aggregate principal amount of such Lender’s Term Loans then outstanding plus such Lender’s Term Commitment then in effect constitutes of the aggregate principal amount of the Term Loans then outstanding plus the Term Commitments then in effect).

Term Percentage means, as the context may require, the Term A Percentage and/or the applicable Add-On Term Percentage.