Facility A Loans definition

Facility A Loans means, individually and collectively, the Facility A Revolving Loans, the Facility A Swingline Loans and the Facility A Protective Advances.

Facility A Loans the "Loans" as defined in the Facility A Credit Agreement.

Facility A Loans means the loans provided for by Section 2.01(a)(i) hereof, which may be Base Rate Loans and/or Eurodollar Loans.

Examples of Facility A Loans in a sentence

• Each such notice must be received by the Agent no later than 9:00 a.m. (New York time) three (3) Business Days prior to the requested date of any borrowing of Revolving Facility A Loans denominated in the Base Currency.

• Until such time as the Facility C Commitment and the Facility D Commitment has been terminated, the Facility A Loans have been fully repaid and the Facility C Credit and the Facility D Credit has been fully cancelled, the US Borrower shall be a Guarantor and a Restricted Subsidiary Wholly Owned by the Canadian Borrower.

• Each Borrower must repay the Facility A Loans in full on the Final Maturity Date for Facility A.

• If any of the Facility A Loans are prepaid in accordance with Clause 9.12 (Right of replacement or repayment and cancellation in relation to a single Lender) or Clause 9.1 (Illegality) then the amount of the repayment instalment for each repayment date as set out in Clause 8.1 (Repayment of Facility A Loans) falling after that prepayment will reduce pro rata by the amount of the Facility A Loan prepaid.

• All accrued Commitment Fees with respect to Facility A under this Section 2.07 shall be payable on the effective date of any termination of the obligations of the Facility A Lenders to make Facility A Loans hereunder, and all accrued Commitment Fees with respect to Facility B under this Section 2.07 shall be payable to each Facility B Revolver Lender on the effective date of any termination of its obligations to make Facility B Revolver Loans hereunder.

More Definitions of Facility A Loans

Facility A Loans as defined in subsection 2.1(a).

Facility A Loans and each, a “Facility A Loan”) in an aggregate amount outstanding at any time not to exceed the lesser of $10,000,000.00 or the amount permitted by paragraph (f) of this Section 2.02. In addition, each Facility A Loan shall be in an aggregate amount that is an integral multiple of $100,000.00, and no such Facility A Loan shall be less than the Minimum Loan. Facility A Loans may, upon request of Lenders, be evidenced by a Revolving Loan Note in the form attached hereto as Exhibit A. Subject to availability, at Borrower’s request, L/C Issuer will issue documentary letters of credit (each, a “Documentary Letter of Credit”) up to an aggregate dollar amount outstanding at any one time of Four Million Dollars ($4,000,000.00) under Facility A, and any such drawdowns made under such Documentary Letters of Credit shall be funded by Facility A Loans at the time of such drawdown; provided, however, the amount of outstanding Loans and the face amount of outstanding Documentary Letters of Credit shall not at any time exceed the Maximum Amount. Each drawdown and any expense payable by Borrower in accordance with Exhibit J hereto under any such Documentary Letter of Credit shall constitute a Loan under Facility C from the date of such drawdown to the first day of the next succeeding calendar month, at which time such Facility C Loan shall be refunded under Facility A and each Lender shall fund its respective Applicable Percentage of such Facility A Loan. Borrower shall deliver to L/C Issuer a completed and executed application form together with such other documents in the forms then required by L/C Issuer prior to the issuance of any Documentary Letter of Credit. In the event of any inconsistency between L/C Issuer’s required forms and this Agreement, the Mortgages and the Assignments, the provisions of this Agreement, the Mortgages and the Assignments shall prevail. In addition, the special provisions of Exhibit J shall apply to any and all Documentary Letters of Credit.

Facility A Loans. (as defined in the Existing Credit Agreement) held by the Existing Lenders under the Existing Credit Agreement shall automatically, and without any action on the part of any Person, be deemed to be Facility A Loans hereunder, (ii) the New Lenders shall be Facility A Lenders and parties hereto, and (iii) the Facility A Lenders shall take such steps, which may include the making of assignments and Facility A Loans and other adjustments among the Facility A Lenders, as shall be necessary so that after giving effect to such assignments and adjustments, the Facility A Lenders shall hold Facility A Loans hereunder ratably in accordance with their respective Facility A Commitments. On the Effective Date all Interest Periods under the Existing Credit Agreement in respect of the "Facility A Loans" under and as defined in the Existing Credit Agreement shall automatically be terminated (and the Company shall on the Effective Date make payments to the Existing Lenders that held such "Facility A Loans" under Section 5.05 thereof to compensate for such termination as if such termination were a payment or prepayment referred to in said Section 5.05), and, subject to the provisions of paragraph (c) below, the Company shall be permitted to Continue such "Facility A Loans" as Eurodollar Loans hereunder, or to convert such "Facility A Loans" into Base Rate Loans hereunder.

Facility A Loans means Loans made pursuant to Section 2.01(a)(i) hereof.

Facility A Loans means, collectively, the amounts advanced by the Lenders to the Borrower under the Facility A Commitment, not to exceed the amount of the Facility A Commitment, and evidenced by the Facility A Notes.

Facility A Loans means the Loans designated as Facility A Loans under Section 2.01(e).

Facility A Loans means Loans made pursuant to Section 2.01(a).