Term A Lender definition
Examples of Term A Lender in a sentence
The reallocation contemplated by the preceding sentence shall, to the extent necessary, be funded by the Term A Lenders through the Administrative Agent in accordance with the Administrative Agent’s instructions to each Term A Lender and each Term A Lender hereby authorizes the Administrative Agent to take any actions as may be necessary or advisable to give effect to the reallocation of Term A Loans contemplated thereby.
Subject to the terms and conditions set forth herein each Term A Lender severally agrees to make (including of any loans deemed to be made hereunder pursuant to Section 8.26) a single loan, to the Administrative Borrower, in Dollars, on the Closing Date in an amount not to exceed such Term A Lender’s Applicable Percentage of the Term A Facility.
If any Term A Lender shall fail to notify the Administrative Agent and the Administrative Borrower in writing of its agreement to any such request for extension of the Term A Loan Maturity Date at least 20 days prior to the applicable anniversary date, such Term A Lender shall be deemed to be a Non-Extending Term A Lender with respect to such request.