Term A Advances definition
Examples of Term A Advances in a sentence
The Term A Borrowing shall consist of Term A Advances made simultaneously by the Term A Lenders ratably according to their Term A Commitments.
The Term A Borrowing shall consist of Term A Advances made simultaneously by the Term A Lenders in accordance with their respective Ratable Share of the Term A Facility.
Term A Advances which are repaid or prepaid may not be reborrowed.
Sterling Term A Advances which are repaid or prepaid may not be reborrowed.
Each A Borrowing consisting of Term A Advances shall be in an aggregate amount of $10,000,000 in the case of an A Borrowing comprised of Base Rate Advances and $25,000,000 in the case of an A Borrowing comprised of Eurodollar Rate Advances, or, in either case an integral multiple of $1,000,000 in excess thereof and shall consist of A Advances of the same Type made on the Stated Termination Date by the Lenders ratably according to their respective Commitments.
The Sterling Term A Borrowing shall consist of Sterling Term A Advances made simultaneously by the Sterling Term A Lenders in accordance with their respective Ratable Share of the Sterling Term A Facility.
Unless otherwise directed by the Borrower by written notice to the Administrative Agent, all principal payments made when no Default has occurred and is continuing shall first be applied to repay all outstanding Revolving Advances, then to repay the Term A Advances and then to repay the Term B Advances.
The Term A Borrowing shall consist of Term A Advances made simultaneously by the Term A Lenders in accordance with their respective Pro Rata Shares of the Term A Facility.
Each such prepayment of any Term A Advances or Term B Advances shall be applied to the installments thereof in the manner specified by the Appropriate Borrower.
All outstanding Term A Advances and Term B Advances, and all other unpaid Obligations allocated by the Administrative Agent to each such Type of Term Advance, shall be paid in full by Borrower on the applicable Term Facility Termination Date.