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.
Xxxx UK may make only one borrowing under the UK Term Loan Commitments.
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.
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.
The accounts or records maintained by the Administrative Agent and each UK Lender shall be conclusive absent manifest error of the amount, Type and Class of the UK Term Loan made by the UK Lenders to the UK Borrower and the interest and payments thereon.