Examples of Incremental Term A Loans in a sentence
In the event any Incremental Term A Loans are made, such Incremental Term A Loans shall be repaid on each Term A Installment Payment Date occurring on or after the applicable Increased Amount Date as set forth in the applicable Incremental Joinder Agreement.
Each Incremental Term Lender severally agrees to make an Incremental Term A Loan in a single advance to the Borrower on the date hereof in the amount of its respective Incremental Term Commitment; provided, that, after giving effect to such advances, the Outstanding Amount of all Incremental Term A Loans shall not exceed the aggregate amount of the Incremental Term Commitments of the Incremental Term Lenders.
The following price adjustment schedule will be used when appropriate: 1.
It is the understanding, agreement and intention of the parties that the Incremental Term A Loans shall be part of the same Tranche of Loans as the Term A Facility Loans and shall constitute Term A Facility Loans under the Credit Documents.
Borrower shall make principal payments on the Incremental Term A Loans (subject to adjustment for any prepayments made under Section 2.09 or Section 2.10 or Section 2.11(b) of the Credit Agreement) as set forth on Schedule D-1 hereto, with the balance payable on the Term A Facility Maturity Date.