Allocated Amount definition
Examples of Allocated Amount in a sentence
On the Closing Date, each Existing Lender continuing as a Term Loan A-1 Lender under this Agreement and holding a portion of the Rollover Loan A-1 under the Prior Credit Agreement shall “cashlessly roll” its Allocated Amount of the Rollover Loan A-1 into a Term Loan A-1 under this Agreement pursuant to cashless settlement mechanisms reasonably approved by the Borrower, the Administrative Agent and such Lender.
On the Closing Date, each Existing Lender continuing as a Term Loan A-2 Lender under this Agreement and holding a portion of the Rollover Loan A-2 under the Prior Credit Agreement shall “cashlessly roll” its Allocated Amount of the Rollover Loan A-2 into a Term Loan A-2 under this Agreement pursuant to cashless settlement mechanisms reasonably approved by the Borrower, the Administrative Agent and such Lender.