Definition of Term A-1 Loan Borrowing


Term A-1 Loan Borrowing means a borrowing consisting of any portions of the Term A-1 Loan of the same Type and, in the case of LIBOR Rate Loans, having the same Interest Period, advanced by the Term A-1 Lenders pursuant to Section 2.01(c) or Section 2.14.
Sample 1

Examples of Term A-1 Loan Borrowing in a sentence

Section 2.02 of the Credit Agreement is hereby amended by replacing each reference to "a Term A Loan Borrowing" with the following: "a Term A Loan Borrowing, a Term A-1 Loan Borrowing".
Borrowings also may be classified and referred to by Class (e.g., a "Revolving Borrowing", "Term A-1 Loan Borrowing", "Term A-2 Loan Borrowing" or a "Swing Line Borrowing") or by Type (e.g., a "Eurodollar Rate Borrowing" or a "Base Rate Borrowing") or by Class and Type (e.g., a "Eurodollar Revolving Borrowing", "Eurodollar Term A-1 Loan Borrowing", "Eurodollar Term A-2 Loan Borrowing", "Base Rate Revolving Borrowing", "Base Rate Term A-1 Loan Borrowing" or "Base Rate Term A-2 Loan Borrowing").
The aggregate Term A-1 Commitments shall be automatically and permanently reduced to zero on the date of the Term A-1 Loan Borrowing.