Related Definitions
- Term Loan amount
- Aggregate Label Financing Union
- Loan amount
- Term Financing Committed Amount
- Shared-Losses Financing Commitment Progress
- Rotating Mortgage Union Count
- Name Loan Relationship Percentage
- Label Financing Commitment Matter
- Incremental Rotating Business Partnership
Pertaining to Greenfield Bush 2 Aggregate Structure Mortgage Commitment
Term Amount borrowed form in terms of one Label Loan Financial, the total amount equivalent to the Name Financing Percentage of this new aggregate dominating count a great according to the Identity Mortgage.
Aggregate Title Financing Commitment means the fresh new joint Name Loan Responsibilities away from lenders, which should first get in the amount of $62,680,100000, as such matter may be faster otherwise enhanced regarding time for you to big date pursuant compared to that Contract.
Shared-Losses Loan Partnership Get better setting an advance pursuant to help you a contributed-Loss Loan Union when it comes to which the If in case Facilities possess not made a permitted Get better.
Rotating Mortgage Relationship Count mode, to your any big date, $31,100000,one hundred thousand, therefore matter may be smaller sporadically pursuant to help you Point 2.2.
Label Mortgage Partnership Percentage means, for Bank, the newest commission identified as its Identity Mortgage Commitment Payment to your Agenda 2.1(a), as a result payment can be changed to the any task produced in accordance on arrangements off Part nine.6.
Name Mortgage Partnership Amount function, (a) concerning people Bank that’s a loan provider toward Closing Go out, the fresh new buck matter established reverse like Lender’s label toward Partnership Annex under the line “Title Loan Partnership Number”, as a result number ounts tasked (with regards to like Lender’s portion of Name Financing a fantastic and you will the dedication to generate advances according of your own Title Financing) pursuant to the regards to every active project arrangements to which including Financial are an event, and you may (b) about one Financial one to becomes a loan provider after the Closure Day, the level of the newest “Term Loan Partnership Matter(s)” out-of almost every other Financial(s) allotted to like the Bank pursuant towards the regards to the active task agreement(s) pursuant to which such as the latest Lender should getting a lender, therefore matter ounts tasked (when it comes to such as Lender’s part of Identity Money the and you may its dedication to make enhances in respect of your own Title Loan) pursuant towards the regards to any energetic task preparations to which including Bank are a party.
Progressive Rotating Business Union mode brand new connection of every Financial, built pursuant so you can Section 2.21, making Progressive Rotating Fund for the Debtor.
Aggregate Revolving Partnership Matter setting the new aggregate principal number of the fresh Aggregate Revolving Responsibilities periodically. Into Closure Big date, the fresh Aggregate Rotating Commitment Matter is actually $three hundred,000,100000.
Tranche B Name Loan Publicity means, with regards to any Bank by people day from dedication (i) prior to the resource of your Tranche B Term Fund, one Lender’s Tranche B Label Mortgage Commitment and (ii) adopting the financial support of your own Tranche B Term Finance, the newest a great dominant quantity of the Tranche B Term Mortgage from one to Bank.
Aggregate Revolving Mortgage Relationship function brand new aggregate of Revolving Mortgage Obligations of all of the Rotating Loan providers, since may be quicker otherwise enhanced sporadically pursuant to your words hereof. The initial Aggregate Revolving Loan Connection was Two hundred 50 Billion and you will Cash ($250,100000,).
Rotating Mortgage Relationship Commission function, regarding one Bank, (a) to the Closure Time, this new payment established opposite instance Lender’s identity on the Connection Annex beneath the line “Revolving Mortgage Union Commission” (in the event the eg Lender’s name is not too set forth on that, after that, to your Closure Date, including fee for for example Bank are considered becoming zero), and (b) into the one time following Closing Big date, the brand new commission equal to the fresh new Rotating Loan Partnership Quantity of such Lender toward including big date divided by Revolving Mortgage Partnership towards the for example day.
Rotating Borrowing from the bank Union Matter form regarding people Rotating Borrowing Bank, (i) whether your Revolving Borrowing Aggregate Commitment has not been ended, the amount given opposite such as for example Revolving Borrowing Lender’s title about column called “Revolving Borrowing Relationship Matter” on the Schedule step one.2, because the adjusted periodically according to the terminology hereof; and you may (ii) in the event the Revolving Borrowing Aggregate Relationship has been Homepage terminated (if from the readiness, speed otherwise), extent comparable to their Percentage of the aggregate dominant amount an excellent underneath the Revolving Credit (including the a fantastic Letter of Borrowing from the bank Financial obligation and people an excellent Swing Range Enhances).
Tranche B Name Mortgage Commission on one Bank any kind of time big date, the fresh new payment and that including Lender’s Tranche B Identity Financing Union following constitutes of aggregate Tranche B Label Mortgage Commitments (or, when pursuing the Closure Day, this new commission that your aggregate dominant amount of such Lender’s Tranche B Name Fund following a fantastic comprises of the aggregate prominent count of your own Tranche B Term Fund after that an excellent).
Progressive Rotating Borrowing from the bank Commitment setting this new connection of every Bank, centered pursuant for the Borrowing Arrangement, to offer certain rotating credit financing to 1 or maybe more Borrowers.
Incremental Rotating Partnership function, with regards to any Bank, the fresh commitment, if any, of these Lender, centered pursuant to help you a progressive Facility Agreement and you can Area 2.21, to make Rotating Loans and to to get participations inside the Emails out-of Credit and you can Swingline Loans hereunder, shown since the an expense representing the maximum aggregate allowed number of such as Lender’s Revolving Exposure below like Incremental Studio Arrangement.
Studio Count mode (a) ahead of the stop of one’s Rotating Several months, $250,100000,100, except if so it count is actually permanently smaller pursuant so you’re able to Part dos.5 otherwise improved pursuant so you can Section 2.8, in which skills it indicates like all the way down or higher number and you may (b) out-of and you may following the prevent of your own Rotating Period, the latest Advances the.
Aggregate Rotating The time Number means the latest aggregate quantity of Revolving Responsibilities in place periodically, being 1st 200 Fifty Mil Dollars ($250,one hundred thousand,000).
Tranche A phrase Mortgage Publicity form, in terms of one Bank at the time of any date regarding devotion (i) before the resource of the Tranche A term Financing, one to Lender’s Tranche A term Loan Union and you can (ii) following the financing of your Tranche A term Money, the fresh new a good dominant amount of brand new Tranche A term Mortgage of you to Lender.
Name Mortgage Visibility setting, when it comes to one Lender, at the time of one time out-of devotion, the newest a great prominent quantity of the definition of Financing of such Bank; provided, at any time ahead of the and then make of the Title Fund, the term Financing Publicity of any Lender might be equal to including Lender’s Title Loan Union.