Examples of Term A Lender in a sentence
Any Revolving Credit Lender or Extended Term A Lender not responding within such time period shall be deemed to have declined to increase its Revolving Credit Commitments, or Extended Term A Loans, respectively.
Subject to the terms and conditions set forth herein, each Term A Lender severally agrees to make a single loan to the Borrower in Dollars on the Closing Date in an amount not to exceed such Term A Lender’s Term A Commitment and in an aggregate amount for all Term A Lenders not to exceed the aggregate amount of the Term A Commitments.
At the time of sending such notice, the Company (in consultation with the Administrative Agent) shall specify the time period within which each Revolving Credit Lender or Extended Term A Lender, as applicable, is requested to respond (which shall in no event be less than 10 Business Days from the date of delivery of such notice to such Lenders by the Administrative Agent).
The Administrative Agent shall notify the Company and each Revolving Credit Lender and Extended Term A Lender, as applicable, of the Revolving Credit Lenders’ and Extended Term A Lenders’ responses, as the case may be, to each request made hereunder.
Each Revolving Credit Lender and Extended Term A Lender, as applicable, shall notify the Administrative Agent within such time period whether or not it agrees to increase its Revolving Credit Commitment or Term A Commitment, respectively, and, if so, whether by an amount equal to, greater than, or less than its ratable portion (based on such Lender’s Applicable Percentage in respect of the Revolving Credit Facility or Extended Term A Facility, respectively) of such requested increase.