Term A Facility definition
Examples of Term A Facility in a sentence
After giving effect to all Term A Borrowings, all conversions of Term A Loans from one Type to the other, and all continuations of Term A Loans as the same Type, there shall not be more than five (5) Interest Periods in effect in respect of the Term A Facility.
Solely with respect to the Term A Facility and the Revolving Credit Facility: (a) Consolidated Net Leverage Ratio.
The Administrative Agent will promptly notify the Lenders of any termination or reduction of the Term A Facility, the Term B Facility, the Letter of Credit Sublimit, the Swing Line Sublimit or the Revolving Credit Facility under this Section 2.06.
Upon any such reduction, the Term A Facility, the Term B Facility or the Revolving Credit Facility, the Term A Commitment, the Term B Commitment or the Revolving Credit Commitment, as the case may be, of each Lender, shall be reduced by such Lender’s Applicable Percentage in respect of the applicable Facility of such reduction amount.