Examples of Class A-2 Commitment in a sentence
The Class A-2 Commitment will reduce in accordance with Condition 7(n) (Redemption of the Class A Notes on a pro rata and pari passu basis) and will be cancelled in full on the Class A-2 Commitment Termination Date.
Should a Class A-2 Noteholder fail at any time prior to the Class A-2 Commitment Termination Date to have the Required Ratings, the applicable Class A-2 Noteholder may choose either to (i) transfer its Class A-2 Note to an eligible institution which has a Required Rating, or (ii) have a third party, which has a Required Rating, provide the requisite credit support.
Class A-2 Commitment Fees: The Class A-2 Notes shall also receive a commitment fee(the "Class A-2 Commitment Fee") of 0.23 per cent.
Prior to the Class A-2 Commitment Termination Date, the Class A- 2 Notes may be repaid (in whole or in part) on a pro rata basis on a Payment Date or, at the option of the Issuer and, subject to the payment of Class A-2 Break Funding Costs, on any other Business Day.
No provision of this Agreement or the Notes shall require the payment or permit the collection of Yield in excess of the maximum amount permitted by Applicable Law.(b) The Borrower shall pay any Utilization Fee and any Undrawn Fee on the dates specified in Section 3.2. Utilization Fees shall be payable, pro rata, to each Lender that holds a Class A-1 Commitment or Class A-2 Commitment (excluding any Class A-2 Commitment designated or assigned as term loans pursuant to Section 2.9).