Term A Facility Sample Clauses

Term A Facility. The Borrower shall repay the outstanding principal amount of the Term A Loans in installments on the dates set forth below, in each case, in the respective amounts set forth in the table below (which amounts shall be reduced as a result of the application of prepayments in accordance with the order of priority set forth in Section 2.03), unless accelerated sooner pursuant to Section 9.02: provided, however, that, (x) the final principal repayment installment of the Term A Loans shall be repaid on the Maturity Date and in any event shall be in an amount equal to the aggregate principal amount of all Term A Loans outstanding on such date and (y) if any principal repayment installment to be made by the Borrower shall come due on a day other than a Business Day, such principal repayment installment shall be due on the first immediately preceding Business Day.

Term A Facility. The Term A Facility will mature on the date that is six years after the Closing Date, and will amortize in equal quarterly installments in an aggregate annual amount equal to the percentage of the original principal amount of the Term A Facility set forth below opposite the applicable year: Year 1 0 % Year 2 0 % Year 3 15 % Year 4 20 % Year 5 25 % Year 6 40 %

Term A Facility. The Borrower shall repay the outstanding principal amount of the Term A Loans in installments on the dates set forth below, in each case, in the respective amounts set forth in the table below (which amounts shall be reduced as a result of the application of prepayments in accordance with the order of priority set forth in Section 2.03), unless accelerated sooner pursuant to Section 9.02: Maturity Date Outstanding Principal Balanceof Term A Loans provided, however, that, (x) the final principal repayment installment of the Term A Loans shall be repaid on the Maturity Date and in any event shall be in an amount equal to the aggregate principal amount of all Term A Loans outstanding on such date and (y) if any principal repayment installment to be made by the Borrower shall come due on a day other than a Business Day, such principal repayment installment shall be due on the first immediately preceding Business Day.

Term A Facility. The Term A Facility is not a revolving facility, and amounts repaid or prepaid under the Term A Facility may not be reborrowed and shall give rise to a cancellation and reduction of the relevant Commitments as set forth in Section 2.4.

Term A Facility. (i) The Term A Lenders have made certain term loans to the Borrower under the Prior Loan Agreement (collectively, the “Existing Term A Advances”), the outstanding principal balance of which as of the Closing Date is $13,013,902.81. The Borrower’s obligation to pay the Existing Term A Advances is secured by the Collateral. The Existing Term A Advances shall constitute Term A Advances for purposes of this Agreement, shall be secured by the Collateral and shall be repayable in accordance with this Agreement. (ii) The Borrower acknowledges and agrees that, as of the Closing Date, each Term A Lender has satisfied any and all funding obligations with respect to each Term A Advance and, following the Closing Date, no Term A Lender shall have any further obligation to extend any loan or advance any funds with respect to any Term A Commitment.

Term A Facility. (i) The Borrower shall, subject to clause (ii) of this Section 2.04(a), repay to the Administrative Agent for the ratable account of the Term A Lenders on the Term A Maturity Date the aggregate principal amount of all Term A Advances outstanding on such date.

Term A Facility. Each Term A Lender hereby agrees, on the terms and subject to the conditions herein set forth, to make a single Term A Advance to the Borrower on the Closing Date in an amount for such Term A Lender equal to such Term A Lender’s Term A Commitment. Initially, the Term A Advances shall be funded as Floating Rate Loans, subject to conversion pursuant to Section 2.3. The Term A Facility is not a revolving facility; once the initial Term A Advance is made by a Term A Lender, such Term A Lender shall have no further obligation to make any additional Term A Advances to the Borrower under the Term A Facility, whether or not any amounts are repaid thereunder.

Term A Facility. (i) The Borrower shall, subject to clause (ii) of this Section 2.04(a), repay to the Administrative Agent for the ratable account of the Term A Lenders on the Term A Maturity Date the aggregate principal amount of all Term A Advances outstanding on such date.