Term A Loan means an advance made by any Term A Lender under the Term A Facility.
Examples of Term A Loan in a sentence
All other terms and conditions found in the Term A Notes shall apply to the Term A Loan.
As of the effective date hereunder, the principal amount of the Term A Loan shall be $10,184,134.66 (the "Term A Loan Amount") and shall be subject to the terms and conditions set forth herein and on the face of the notes attached as Exhibit A hereto.
The obligations evidenced by the First Farmers Note shall be restructured (and reinstated) into a "Term A Loan" and a "Term B Loan" for which each Borrower shall be jointly and severally liable.
On such date and thereafter, and absent the occurrence of any such prior acceleration, the unpaid principal balance of the Term A Loan shall be payable in equal consecutive quarterly principal installments of not less than $222,500, which shall be due and payable on the last Business Day of each March, June, September and December.
As between the Term A Loan and the Term B Loan, the Term A Loan will have similar priority.