Class A Loan definition

Class A Loan has the meaning given to such term in Section 2.01(a).

Class A Loan means a loan made by a Class A Lender to Borrower pursuant to Section 2.01 of this Agreement.

Class A Loan means each Loan outstanding hereunder as to which the Lender is a Class A Lender.

Examples of Class A Loan in a sentence

• The timing of the initial investment of the net proceeds of the issue of the Notes and the drawdown of the Class A Loan remaining after the payment of certain fees and expenses due and payable by the Issuer on the Issue Date and reinvestment of Sale Proceeds, Scheduled Principal Proceeds and Unscheduled Principal Proceeds can affect the return to holders of, and cash flows available to make payments on, the Debt, especially the most junior Class or Classes of Debt.

• Any of the Issuer, the Co-Placement Agents, the Collateral Manager, the Trustee or the Agents could be requested or required to obtain certain assurances from prospective investors intending to purchase Notes or advance the Class A Loan and to retain such information or to disclose information pertaining to them to governmental, regulatory or other authorities or to financial intermediaries or engage in due diligence or take other related actions in the future.

• Failure of a Court to Enforce Non-Petition Obligations will Adversely Affect Debt Holders Each Debt Holder will agree, and each beneficial owner of Debt will be deemed to agree, pursuant to the Trust Deed or the Class A Loan Agreement (as applicable), that it will be subject to non-petition covenants.

• The Class A Loan Agreement contain certain representations relating to the tax status of any Class A Lender to ensure there is no UK or Irish withholding tax on the Class A Loan (absent any future change of law and subject to the completion of certain formalities) and to facilitate claims by the Issuer for benefits under the double taxation treaty between Ireland and the United Kingdom.

• The Issuer will not be required to pay additional amounts to holders of the Class A Loan to compensate them for any withholding or deduction which is imposed on payments under the Class A Loan Agreement and no Event of Default shall occur as a result.

More Definitions of Class A Loan

Class A Loan and collectively the "Class A Loans") to the Borrower during the Term Loan Commitment Period in an aggregate principal amount not to exceed the amount of such Term Loan Lender's Class A Commitment, and each Class B Lender severally agrees to make a term loan (each a "Class B Loan" and collectively the "Class B Loans", and together with the Class A Loans, the "Term Loans") to the Borrower during the Term Loan Commitment Period in an aggregate principal amount not to exceed the amount of such Term Loan Lender's Class B Commitment. Each Class A Loan and Class B Loan shall be made as part of a Term Loan Borrowing consisting of Class A Loans and Class B Loans (ratably in accordance with the respective Class A Commitments and Class B Commitments) made by the Class A Lenders and the Class B Lenders ratably in accordance with their respective Pro Rata Shares. The Term Loans shall be available in not more than two Borrowings: one Borrowing in an amount not exceeding $130,000,000 for the purposes specified in Section 2.6(a); and another Borrowing in an amount not exceeding $32,000,000 for the purposes specified in Section 2.6(b).

Class A Loan has the meaning specified in Section 2.1(a) of the Loan Agreement.

Class A Loan. The collective reference to the term loans made by the Class A Lender to the Issuer pursuant to this Indenture and Credit Agreement on the Closing Date, together with any Additional Class A Loans made by the Class A Lender on any Additional Funding Date.

Class A Loan means that portion of the Loan made with respect to the Class A Component.

Class A Loan and a “Loan”), and (ii) in the case of the Class B Lenders, the Class B Advance Amount, respectively, to the Borrower secured by Pledged Assets. On the Borrowing Date, no Loan shall be made if (i) the Aggregate Advance Amount shall exceed the Maximum Advance Amount, (ii) any Program Termination Event or an event that but for notice or lapse of time or both would constitute a Program Termination Event shall have occurred and be continuing or (iii) the Facility Amount, after giving effect to such Borrowing, would exceed the Borrowing Limit.

Class A Loan means a Loan made pursuant to Section 2.1.

Class A Loan. A Term Loan funded by a Class A Lender.