Unsecured Term Loan definition

Unsecured Term Loan shall have the meaning assigned thereto in the Master Repurchase Agreement.

Unsecured Term Loan means the $275,000,000 unsecured term loan of the Borrower incurred pursuant to the Senior Unsecured Term Loan Agreement.

Unsecured Term Loan means the $250 million unsecured term loan facility by and between Seller, U.S. Bank National Association, as the paying agent, and the persons and entities named as lenders on the signature pages thereto.

Examples of Unsecured Term Loan in a sentence

• The legal, equitable, and contractual rights of holders of Senior Unsecured Term Loan Claims are Impaired by the Plan.

• This Unsecured Term Loan Agreement, including the Schedules and Exhibits hereto.

• In January 2021, US$4.0 billion was drawn on the Unsecured Term Loan and the total availability under the loan agreement was reduced accordingly.

• Tranches A, B and C will mature in May 2024, May 2026 and May 2036, respectively.El SalvadorOn 15 April 2016, Telemovil El Salvador, S.A. de C.V. entered into a Senior Unsecured Term Loan Facility of $50 million maturing in April 2021 and bearing variable interest at LIBOR+3.0% per annum.

• The Unsecured Term Loan, the US dollar-denominated borrowings under the Unsecured Credit facility and ACC3 Term Loan were valued based on Level 3 data which consisted of a one-month LIBOR swap rate coterminous with the maturity of each loan plus a spread consistent with current market conditions.

• This amendment was for the purpose of conforming the financial covenants in the Unsecured Term Loan to those in the amendment to the Unsecured Credit Facility.

• The amendment did not impact the maturity date or cost of borrowing under the Unsecured Term Loan.

• Class 10 consists of Senior Unsecured Term Loan Claims in the Allowed amount of approximately $321 million, which constitutes principal plus accrued but unpaid prepetition interest.

• The Plan Debtors believe that the only General Unsecured Claims against the Aneth are the AB Parties’ claim on account of the Unsecured Term Loan Agreement and the deficiency claims of the AB Parties arising in connection with the First Lien Credit Agreement Secured Claims and that no other Claims will be Allowed in this Class.

• This results in a fixed interest rate of 2.25% (1.30% + 0.95%) on $225 million of the Senior Unsecured Term Loan principal.

More Definitions of Unsecured Term Loan

Unsecured Term Loan means the $250 million unsecured term loan facility by and between Seller, U.S. Bank National Association, as the paying agent, and the persons and entities named as lenders on the signature pages thereto. “U.S. Government Securities Business Day” means any day except for (a) a Saturday, (b) a Sunday or (c) a day on which the U.S. Securities Industry and Financial Markets Association recommends that the fixed income departments of its members be closed for the entire day for purposes of trading in United States government securities.55 “VA”: The U.S. Department of Veterans Affairs, an agency of the United States of America, or any successor thereto including the Secretary of Veterans Affairs.4356 55 The definition of “U.S. Government Securities Business Day” was added by Amendment No. 2, dated as of April 28, 2022. 4356 The definition of “VA” was added by Amendment No. 1, dated as of September 24, 2021. 4457 The definition of “VA Buyout Loan” was added by Amendment No. 1, dated as of September 24, 2021. 4558 The definition of “VA Claim Proceeds” was added by Amendment No. 1, dated as of September 24, 2021.

Unsecured Term Loan shall have the meaning assigned thereto in the Master Repurchase Agreement. “U.S. Government Securities Business Day” means any day except for (a) a Saturday, (b) a Sunday or (c) a day on which the U.S. Securities Industry and Financial Markets Association recommends that the fixed income departments of its members be closed for the entire day for purposes of trading in United States government securities.34 “VA” means the United States Department of Veterans Affairs or any successor thereto. 32 The definition of “Term SOFR” was amended by Amendment No. 2, dated as of April 28, 2022. 33 The definition of “Term SOFR Administrator” was added by Amendment No. 2, dated as of April 28, 2022. 34 The definition of “U.S. Government Securities Business Day” was added by Amendment No. 2, dated as of April 28, 2022.

Unsecured Term Loan means the Second Amended and Restated Credit Agreement among Company OP and certain of its Subsidiaries, PNC Bank National Association, Regions Bank, KeyBank National Association and U.S. Bank National Association, dated January 18, 2017, as such agreement may be amended from to time.