Common use of Term A Facility Clause in Contracts

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 %