Term A-2 Borrowing definition

Term A-2 Borrowing means a borrowing consisting of simultaneous Term A-2 Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Term A-2 Lenders pursuant to Section 2.01(b).
View Source
Term A-2 Borrowing means a borrowing consisting of simultaneous Term A-2 Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Term A-2 Lenders pursuant to Section 2.01(c)(i).
View Source
Term A-2 Borrowing means a Borrowing comprised of Term A-2 Loans.
View Source

Examples of Term A-2 Borrowing in a sentence

  • The Term A-2 Loan shall be Alternative Currency Termmay be Base Rate Loans denominated in Euro, Term SOFR Loans, or Daily Floating Term SOFR Loans, as further provided herein; provided, that, the Borrower shall deliver a Funding Indemnity Letter not less than three (3) Business Days prior to the date of the Term A-2 Borrowing (or such shorter period as the Lender may agree in its sole discretion).

  • The Term A-2 Borrowing shall consist of Term A-2 Loans made simultaneously by the Term A-2 Lenders in accordance with their respective Applicable Percentage of the Term A-2 Facility.

  • After giving effect to the Term A-2 Borrowing, all conversions of Term A-2 Loans from one Type to the other, and all continuations of Term A-2 Loans as the same Type, there shall not be more than three (3) Interest Periods in effect in respect of the Term A-2 Facility.

  • The Term A-2 Borrowing shall consist of the Term A-2 Loan made by the Lender.


More Definitions of Term A-2 Borrowing

Term A-2 Borrowing means an Initial Term A-2 Borrowing or a Delayed Draw Term A-2 Borrowing, as the context requires.
View Source
Term A-2 Borrowing means a borrowing consisting of simultaneous Term A-2 Loans of the same Type and, in the case of Eurodollar RateTerm SOFR Loans, having the same Interest Period made by each of the Term A-2 Lenders pursuant to Section 2.01(b). “Term A-2 Commitment” means, as to each Term A-2 Lender, its obligation to make a Term A-2 Loan to the Borrower pursuant to Section 2.01(b) in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Term A-2 Lender’s name on Schedule 1.01(b) under the caption “Term A-2 Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Term A-2 Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement. The Term A-2 Commitments of all of the Term A-2 Lenders on the Closing Date shall be $75,000,000. “Term A-2 Facility” means, at any time, (a) on or prior to the Closing Date, the aggregate amount of the Term A-2 Commitments at such time, and (b) thereafter, the aggregate principal amount of the Term A-2 Loans of all Term A-2 Lenders outstanding at such time. The Outstanding Amount of Term A-2 Loans on the Third Amendment Effective Date shall be $50,000,000. “Term A-2 Facility Maturity Date” means October 1121, 20252029; provided, that, if such date is not a Business Day, the Term A-2 Facility Maturity Date shall be the next preceding Business Day. “Term A-2 Lender” means (a), at any time on or prior to the Closing Date, any Lender that has a Term A-2 Commitment at such time, and (b) at any time after the Closing Date, any Lender that holds a Term A-2 Loan at such time. “Term A-2 Loan” means an advance made by any Term A-2 Lender under the Term A-2 Facility. “Term Borrowing” means a Term A-1 Borrowing, a Term A-2 Borrowing, or an Incremental Term Borrowing, as the context may require. “Term Commitment” means a Term A-1 Commitment, a Term A-2 Commitment, or an Incremental Term Commitment, as the context may require. “Term Facility” means the Term A-1 Facility, the Term A-2 Facility, or an Incremental Term Facility, as the context may require. “Term Loan” means a Term A-1 Loan, a Term A-2 Loan, or an Incremental Term Loan, as the context may require. “Term SOFR” means: (a) for any Interest Period with respect to a Term SOFR Loan, the rate per annum equal to the Term SOFR Screen Rate two U.S. Government Securities Business Days prior to the commencement of such Interest Period with a term equiva...
View Source