Examples of Initial Term A-2 Loans in a sentence
On the Initial Term A-2 Maturity Date, all then unpaid Initial Term A-2 Loans shall be repaid in full in the currency in which they are then outstanding.
The Borrower has requested that the Lenders extend credit to the Borrower in the form of (a) Initial Term A1 Loans to the Borrower in an aggregate principal amount of $34,999,999, (b) Initial Term A2 Loans to the Borrower in an aggregate principal amount of $31,000,001 and (c) Initial Term A3 Loans to the Borrower in an aggregate principal amount of $28,000,000.
Subject to and upon the terms and conditions herein set forth, each Initial Term A-2 Lender severally, but not jointly, agrees to make a Loan or Loans denominated in US Dollars to the Borrower from its US Lending Office (each, an “ Initial Term A-2 Loan ” and, collectively, the “ Initial Term A-2 Loans ”) to the Borrower on the Closing Date, which Initial Term A-2 Loans shall not exceed for any such Lender the Initial Term A-2 Commitment of such Lender.
Amounts repaid in respect of Initial Term A-2 Loans may not be reborrowed.
Each Loan Party hereby acknowledges its receipt of a copy of this Second Restatement Agreement and its review of the terms and conditions hereof and consents to the terms and conditions of this Second Restatement Agreement and the transactions contemplated hereby, including the extension of credit in the form of the Initial Term A-2 Loans, Delayed Draw Term A-2 Loan Commitments and Revolving Commitments.
The Principal Outstanding under the Initial Term A-2 Loans shall be repaid in full on the Initial Term A-2 Maturity Date.
P RELIMINARY STATEMENTS The Borrower has requested that the Lenders extend credit to the Borrower in the form of (a) Initial Term A1 Loans to the Borrower in an aggregate principal amount of $34,999,999, (b) Initial Term A2 Loans to the Borrower in an aggregate principal amount of $31,000,001 and (c) Initial Term A3 Loans to the Borrower in an aggregate principal amount of $28,000,000.
Initial Term A-2 Loans – The Principal Outstanding under the Initial Term A-2 Loans shall be repaid in full on the Initial Term A-2 Maturity Date.
The Term A-2 Commitments shall terminate on the Closing Date immediately following the funding of the Initial Term A-2 Loans.
Employee B previously worked for another employer, quit and elected COBRA.