Examples of Term A Facility Loans in a sentence
Term A Facility Loans that are repaid or prepaid may not be reborrowed.
It is the understanding, agreement and intention of the parties that the Incremental Term A Loans shall be part of the same Tranche of Loans as the Term A Facility Loans and shall constitute Term A Facility Loans under the Credit Documents.
The Applicable Margin for the Incremental Term A Loans shall be the same as the Applicable Margin with respect to the existing Term A Facility Loans.
Borrower shall use commercially reasonable efforts to obtain and maintain, at all times on and after the date that is 270 days after the Closing Date, ratings from each of Xxxxx’x and S&P for the Term A Facility Loans.
Subject to the terms and conditions set forth herein, each Lender agrees to make one or more Term A Facility Loans to the Borrower during the Term A Facility Loan Availability Period in a principal amount not exceeding its Term A Facility Loan Commitment.
Amounts repaid in respect of Term A Facility Loans may not be reborrowed.
Additionally, by delivering its consent to this Fourth Amendment, the Declining Lender hereby agrees that effective on and as of the Effective Date, its Term A Facility Loans shall be automatically converted to Term A-3 Facility Loans having the same terms as the Term A-3 Facility Loans set forth in the Amended Credit Agreement and the other Credit Documents after giving effect to this Fourth Amendment.
Incremental Term A Loans shall be subject to the provisions of the Credit Agreement and the other Credit Documents and shall be on terms and conditions identical to the existing Term A Facility Loans, except as set forth in this Agreement.
Each Term A Facility Lender severally agrees, on the terms and conditions of this Agreement, to make a term loan ("Term A Facility Loans") to Borrower in Dollars on the Closing Date in an aggregate principal amount equal to the Term A Facility Commitment of such Lender.
All accrued and unpaid interest on the existing Term A Facility Loans that are prepaid pursuant to this Section 2.01(f) to, but not including, the Third Amendment Effective Date shall be payable on the Third Amendment Effective Date and the Borrower will make any payments required under Section 5.05 with respect to such existing Term A Facility Loans in accordance therewith.