Facility A-2 Loan definition

Facility A-2 Loan means any Loan made under the Facility A-2 Commitments pursuant to subsection 2.1; collectively, the “Facility A-2 Loans”.
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Examples of Facility A-2 Loan in a sentence

  • Loan means a Facility A1 Loan, a Facility A2 Loan, a Facility A3 Loan and a Facility A4 Loan, and Loan means, as the context dictates, any one of them.

  • Each Selection Notice for a Euro Term Facility A1 Loan, a Euro Term Facility A2 Loan, a Euro Term Facility A3 Loan, a Euro Revolving Facility Loan, a Euro Capex Facility Loan and an Accordion Facility Loan is irrevocable and must be delivered to the Facility Agent by the Borrower not later than the Specified Time.

  • The Borrower may not request that a Euro Term Facility A1 Loan, a Euro Term Facility A2 Loan or a HUF Term Facility B1 Loan be divided if, as a result of the proposed division, 3 or more Euro Term Facility A1 Loans, 3 or more Euro Term Facility A2 Loans or (as the case may be) 3 or more HUF Term Facility B1 Loans would be outstanding.

  • The Initial Utilisation Date for Facility A1 Loan and Facility A2 Loan shall fall on the same date.

  • Any partial transfer of a Loan by an Existing Lender shall only be effective if transferred on a proportionate basis between Facility A1 Loan, Facility A2 Loan, Facility B Loan (if any) and the Available Commitment for Facility B (if any) of such Existing Lender.

  • Holdco shall ensure that the balance standing to the credit of the Holdco Prepayment Account attributable to any Distribution made to Holdco by the Company with the proceeds of Facility B Loans shall, on the immediately following Repayment Date for Facility A2 Loan, be applied towards prepayment of Facility A2 Loan in the order of maturity.

  • Holdco shall ensure that an amount equal to the full amount of any Distribution Proceeds is paid into the Holdco Prepayment Account for application in accordance with Clause 7.10 ( Prepayment Accounts) except such Distribution Proceeds that are set aside by way of reserves for the repayment of the Facility A2 Loan (or payment of any interest on the Facility A2 Loan) scheduled to become due and payable.

  • The Company shall apply (and Holdco shall procure the Company to apply) all amounts borrowed by it under Facility B towards the payment of the Distributions to Holdco so as to enable Holdco to prepay or repay the Facility A2 Loan.

  • If Holdco wholly or partially repays or prepays the Facility A2 Loan with funds, which are unrelated to or not sourced from the Company’s Utilisation of Facility B, the Total Facility B Commitments shall be reduced by an amount which is equal to the amount of such repayment or prepayment of the Facility A2 Loan on the date of such repayment or prepayment.

  • In the case of prepayment by Holdco, the amount of such prepayment shall be applied pro rata towards the prepayment of Facility A1 Loan and then Facility A2 Loan.

Related to Facility A-2 Loan

  • Facility A Loan means a loan made or to be made under Facility A or the principal amount outstanding for the time being of that loan.

  • Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.

  • Tranche A Loan shall have the meaning set forth in Section 2.01(a).

  • Tranche A Advance means an Advance made by a Bank under Tranche A.

  • Tranche B Loan has the meaning specified in Section 2.01(b).

  • Tranche C Loan means an extension of credit by a Lender to TFA under Article II. Except as provided in Section 2.16(c), Tranche C Loans shall be denominated in Australian Dollars.

  • Facility A Commitment means, in relation to a Facility A Lender, the amount set opposite its name in column 1 of part E of schedule 1 or, as the case may be, in any relevant Transfer Certificate, as amended by any relevant term of this Agreement;

  • Term Loan as defined in Section 2.1.

  • Term Advance has the meaning specified in Section 2.01(a).

  • Facility B means the term loan facility made available under this Agreement as described in paragraph (b) of Clause 2.1 (The Facilities).

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • Facility A means the term loan facility made available under this Agreement as described in paragraph (a) of Clause 2.1 (The Facilities).

  • Term C Loan is defined in Section 2.2(a)(iii) hereof.

  • Total Loan Commitment means an amount equal to the aggregate amount of all Loan Commitments.

  • Tranche A Term Loan Lender means a Lender with a Tranche A Term Loan Commitment or an outstanding Tranche A Term Loan.

  • Tranche A Term Loan as defined in Section 2.1.

  • Tranche A Facility means the aggregate of the Tranche A Commitments.

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.

  • Tranche A Term Loan Commitment means the commitment of a Lender to make a Tranche A Term Loan to Company pursuant to subsection 2.1A(i), and "Tranche A Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • Incremental Loan has the meaning set forth in Section 2.14(b).

  • Loan Advance The meaning specified in Section 2.2(a).

  • Extended Revolving Loan shall have the meaning assigned to such term in Section 2.21(e).

  • Delayed Draw Term Loan has the meaning specified in Section 2.01(b).

  • ABR Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Alternate Base Rate in accordance with the provisions of Article II.