Consortium A Loans definition
Consortium A Loans means the deferred interest loans made to Memec Holdings by the Consortium A Lenders pursuant to the Consortium Loan Agreement in an aggregate original principal amount of at least $150,000,000, the proceeds of which shall be on-lent to Memec Limited pursuant to the MidCo Loan Agreement and thereafter used by Memec Limited solely to consummate the Memec Acquisition and pay related costs, fees and expenses.