Term A-3 Loans definition

Term A-3 Loans means the term loans made by the Term A-3 Lenders to the Borrower pursuant to Section 2.01(c).

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Term A-3 Loans means the Loans made pursuant to clause (e) of Section 2.01.

Term A-3 Loans outstanding under, and as defined in, the Existing Credit Agreement immediately prior to the Closing Date. “Existing Term B Loans” means the “Term B-3 Loans” outstanding under, and as defined in, the Existing Credit Agreement immediately prior to the Closing Date. “Existing Term Loans” means the Existing Term A-3 Loans and the Existing Term B-3 Loans. “Extended Revolving Credit Commitment” means any Revolving Credit Commitments the maturity of which shall have been extended pursuant to Section 2.19. “Extended Revolving Credit Loans” means any Revolving Credit Loans made pursuant to the Extended Revolving Credit Commitments. “Extended Term Loans” means any Term Loans the maturity of which shall have been extended pursuant to Section 2.19. - 25-

Examples of Term A-3 Loans in a sentence

Term A-3 Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.
Concurrently with the Borrowing of the Term A-3 Loans on the Second Amendment Effective Date, the Term A-3 Commitment of each Term A-3 Lender will be permanently reduced to zero and be terminated.
The proceeds of the Term A-3 Loans will be used only to (i) finance a portion of the Mountaineer Acquisition and (ii) finance working capital needs, and for general corporate purposes, of the Borrower and its Subsidiaries in the ordinary course of business.
The Initial Term Loan Commitments shall automatically terminate upon the making, conversion or continuance, as applicable, of the Initial Term B Loans and Term A-3 Loans on the Second Restatement Effective Date.
The Term A-3 Loans may from time to time be Eurodollar Loans or ABR Loans, as determined by the Borrower and notified to the Administrative Agent in accordance with Sections 2.2 and 2.10.
During the existence of an Event of Default that is continuing, no Loans may be requested as, converted to or continued as Term SOFR Loans, or, solely with respect to Term A-3 Loans, Daily SOFR Loans, if the Administrative Agent has notified the Borrower that the Required Lenders have determined that such a continuation or conversion is not appropriate.
Term A-3 Loans may be Base Rate Loans, Term SOFR Loans or Daily SOFR Loans, as further provided herein.
After giving effect to all Term A-3 Borrowings, all conversions of Term A-3 Loans from one Type to the other, and all continuations of Term A-3 Loans as the same Type, there shall not be more than five Interest Periods in effect in respect of the Term A-3 Facility.
The Borrower shall use the proceeds of the Term A-3 Loans and the Initial Term B Loans made in cash on the Second Restatement Effective Date to finance a portion of the Transactions (including the payment of Transaction Costs) and for working capital and other general corporate purposes, including the financing of Permitted Acquisitions and other investments and any other use not prohibited by the Loan Documents; provided that the.
Term A-3 Loans that were ABR Loans immediately prior to the effectiveness of this Agreement on the Restatement Effective Date shall initially be ABR Loans under this Agreement.

More Definitions of Term A-3 Loans

Term A-3 Loans means (a) the term loans established on the Amendment No. 4 Effective Date as a result of the conversion of any Amendment No. 4 Converted Term A Loan on the Amendment No. 4 Effective Date pursuant to Section 2.01(i)(x), (b) the term loans made by the Term A-3 Lenders to the Borrowers pursuant to Section 2.01(i)(y) and (c) any Incremental Term Loans in the form of Term A-3 Loans made by the Incremental Term Lenders to the Borrowers pursuant to Section 2.01(e). The aggregate principal amount of Term A-3 Loans held by each Lender on the Amendment No. 4 Effective Date (immediately following the conversion of all Amendment No. 4 Converted Term A Loans on such date and the funding of the Term A-3 Loans pursuant to the Term A-3 Loan Commitments on such date) is set forth on Schedule I to Amendment No. 4.

Term A-3 Loans outstanding under (and as defined in) the Existing Credit Agreement in excess of the amount of the Term A-1 Loan have been or concurrently with the Restatement Effective Date are repaid in full, and the Administrative Agent shall have received one or more Committed Loan Notices requesting conversion of each Eurocurrency Rate Loan outstanding under (and as defined in) the Existing Credit Agreement on the Restatement Effective Date to a Type of Loan permitted under this Agreement.

Term A-3 Loans means the term loans made by the Term A-3 Lenders to the Borrower pursuant to Section 2.01(c). “Term A-3 Maturity Date” means May 4, 2025. “Term Benchmark” when used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing, are bearing interest at a rate determined by reference to the Adjusted Term SOFR Rate. “Term Lenders” means, as of any date of determination, each Lender having a Term A-3 Commitment, or that holds Term Loans. “Term Loans” means the term loans made by the Term Lenders to the Borrower pursuant to Sections 2.01(b), 2.01(c) and 2.01(d). “Term SOFR” means, for the applicable Corresponding Tenor as of the applicable Reference Time, the forward-looking term rate based on SOFR that has been selected or recommended by the Relevant Governmental Body. “Term SOFR Notice” means a notification by the Administrative Agent to the Lenders and the Borrower of the occurrence of a Term SOFR Transition Event. Determination Day” has the meaning assigned to it under the definition of Term SOFR Reference Rate. “Term SOFR Transition Event” means the determination by the Administrative Agent that (a) Term SOFR has been recommended for use by the Relevant Governmental Body, (b) the 39

Term A-3 Loans an aggregate amount on the applicable date equal to the percentage set forth below of the sum of (x) initial aggregate principal amount of the Term A-3 Loans converted on the Third Restatement Effective Date and (y) any Additional Term Loans structured as Term A-3 Loans: June 30, 2012 1.25 % September 30, 2012 1.25 % December 31, 2012 1.25 % March 31, 2013 1.25 % June 30, 2013 1.875 % September 30, 2013 1.875 % December 31, 2013 1.875 % March 31, 2014 1.875 % June 30, 2014 2.5 % September 30, 2014 2.5 % December 31, 2014 2.5 % March 31, 2015 2.5 % June 30, 2015 3.75 % September 30, 2015 3.75 % December 31, 2015 3.75 % March 31, 2016 3.75 % June 30, 2016 5.00 % September 30, 2016 5.00 % December 31, 2016 5.00 % ; provided that the final principal repayment installment of the Term A-3 Loans shall be repaid on the Maturity Date with respect to Term A-3 Loans outstanding on such date.