UK Term Loan definition
Examples of UK Term Loan in a sentence
Each prepayment of UK Term Loans under this Section 5.3.4 shall be applied to the principal repayment installments of the UK Term Loan in inverse order of maturity, including, without limitation, the final principal repayment installment on the Maturity Date.
Subject to the terms and conditions hereof, each UK Lender severally agrees to make a term loan (a "UK Term Loan") to the UK Borrower on the Closing Date in an amount not to exceed each such UK Lender's UK Term Loan Commitment.
Subject to the terms and conditions hereof, each Lender severally agrees to make a term loan (a "UK Term Loan") to Reebok-UK on the Closing Date in an amount not to exceed the amount of the UK Term Loan Commitment of such Lender then in effect.
In connection with the Term Loan Borrowing of the UK Term Loan Facility on the Closing Date, the initial principal amount thereof shall be £43,480,961.55.
Partial UK Term Loan Optional Prepayments shall be applied against the principal installments of the UK Term Loan in the inverse order of their maturities.