Examples of New Term A Loan in a sentence
For so long as any Revolving Commitment, U.S. Term A Loan, Canadian Term A Loan, New Term A Loan or Extended Term Loan in respect of any of the foregoing is outstanding, the U.S. Borrower shall maintain a Consolidated Secured Debt Ratio, as determined as of the last day of each fiscal quarter of the U.S. Borrower, commencing with the fiscal quarter ending June 30, 2017, not to exceed 5.125 to 1.00.
For so long as any Revolving Commitment, U.S. Term A Loan, Canadian Term A-2 Loan, Euro Term A-1 Loan, New Term A Loan or Extended Term Loan in respect of any of the fore- going is outstanding, the U.S. Borrower shall maintain a Consolidated Secured Debt Ra- tio, as determined as of the last day of each fiscal quarter of the U.S. Borrower, com- mencing with the fiscal quarter ending June 30, 2017, not to exceed 5.125 to 1.00.
Xxxxxx Title: Senior Vice President REGIONS BANK, as a New Revolving Lender, a New Term A Loan Lender and an Issuing Bank, By /s/ Xxxxxx Xxxxxx Name: Xxxxxx Xxxxxx Title: Director XXXXX FARGO BANK, N.A., as a New Revolving Lender, a New Term A Loan Lender and an Issuing Bank, By /s/ Xxxxxx X.
The issuance of the New Partnership Interests, New Membership Interests, New Term A Loan Notes, New Term A L/C Notes, New Term B Loan Notes, and New Term B L/C Notes and the distribution thereof under this Plan shall be exempt from registration under applicable securities laws pursuant to section 1145(a) of the Bankruptcy Code.
This Amendment and the New Term A Loan Notes have been duly executed and delivered by the Borrower and this Amendment, the New Term A Loan Notes and the Amended Agreement are the legally valid and binding obligations of the Borrower, enforceable against the Borrower in accordance with their respective terms, except as may be limited by bankruptcy, insolvency, reorganization, moratorium or similar laws relating to or limiting creditors' rights generally or by equitable principles relating to enforceability.
Without limiting the foregoing, any redemption, dividend or other liquidity rights given to the third party investors must be subordinate to the rights of the Lenders in their capacity as holders of the New Term A Loan and New Term B Loan, but not as holders of the Series B Junior Preferred.
The Borrower has all requisite corporate power and authority to enter into this Amendment and to carry out the transactions contemplated by, and perform its obligations under, the Credit Agreement as amended by this Amendment (the "Amended Agreement") and to issue the New Term A Loan Notes.
The execution and delivery by the Borrower of this Amendment and the New Term A Loan Notes and the performance by the Borrower of the Amended Agreement and the payment of the New Term A Loan Notes do not and will not require any registration with, consent or approval of, notice to, or other action to, with or by, any federal, state or other governmental authority or regulatory body.
New Term A Loan Lenders: ------------------------ LENDERS Term A Loan ------- ----------- People's Bank 13,500,000.00 Xxx Xxxxxxxxx Xxxxx Xxxxxxxx, XX 00000 Attention: Xxxxx X.
Each initial 2020 New Term A Lender acknowledges and agrees that upon its execution of this Agreement and the making of its 2020 New Term A Loan, that such initial 2020 New Term A Lender (to the extent it is not already a Lender) shall become a “Lender” under, and for all purposes of, the Credit Agreement and the other Credit Documents, and shall be subject to and bound by the terms thereof, and shall perform all the obligations of and shall have all rights of a Lender thereunder.