Incremental Term A Loans definition
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.
Such amendments may include provisions allowing any Incremental Term A Loans or New Term Loans to be treated on the same basis as Term A Facility Loans in connection with declining prepayments.
The Applicable Margin for the Incremental Term A Loans shall be the same as the Applicable Margin with respect to the existing Term A Facility Loans.
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.
In the case of any second lien Incremental Term A Loans, such Indebtedness shall be subject to the terms of a Second Lien Intercreditor Agreement.