3. Term a Loan

Definition of Term A Loan

  1. 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

  1. Each Lenders obligation to make a Term A Loan is subject to the condition precedent that Collateral Agent and each Lender shall consent to or shall have received, in form and substance satisfactory to Collateral Agent and each Lender, such documents, and completion of such other matters, as Collateral Agent and each Lender may reasonably deem necessary or appropriate, including, without limitation:
  2. The aggregate original principal amount of the Growth Capital Term A Loan and the Growth Capital B Term Loans shall not exceed Eight Million Dollars ($8,000,000.00).
  3. Notwithstanding the foregoing, (x) the Basic Rate for the Term A Loan for the period from the Effective Date through and including January 31, 2017 shall be seven and twenty-four hundredths percent (7.24%); and (y) the Basic Rate shall not reset below seven percent (7.00%).

Definition of Term A Loan in Credit Agreement

Term A Loan means the Loan described in Section 2.01(a)(i) made by the Term A Loan Lenders to the Borrowers on the Effective Date pursuant to Section 2.01(a)(i).

Definition of Term A Loan in Agreement

Term A Loan means an advance made by any Term A Lender under the Term A Facility.

Definition of Term A Loan in Amended and Restated Credit Agreement

Term A Loan means the term loan advanced or to be advanced in accordance with Section 2.01(b) in the original principal amount of $30,000,000, as such amount may be reduced or increased pursuant to the terms hereof.