Definition of Term A Loan Amortization Adjustment Amount

  1. Term A Loan Amortization Adjustment Amount means, for any applicable month, an amount equal to (a) 70% of the aggregate net invoice amount (excluding taxes, shipping, delivery, handling, installation, overhead and other so called "soft" costs) of all Consolidated Capital Expenditures for Equipment (in each case, which Equipment is acceptable to Agent in its sole discretion for inclusion in the calculation of the Term A Loan Amortization Adjustment Amount) incurred during the period from the Closing Date through and including October 31, 2018, minus (b) the aggregate amount of Term A Loan Amortization Adjustment Amounts utilized by Borrowers to reduce the Term A Loan Amortization Amount.

Definition of Term A Loan Amortization Adjustment Amount in Credit and Security Agreement

Term A Loan Amortization Adjustment Amount means, for any applicable month, an amount equal to (a) 70% of the aggregate net invoice amount (excluding taxes, shipping, delivery, handling, installation, overhead and other so called "soft" costs) of all Consolidated Capital Expenditures for Equipment (in each case, which Equipment is acceptable to Agent in its sole discretion for inclusion in the calculation of the Term A Loan Amortization Adjustment Amount) incurred during the period from the Closing Date through and including October 31, 2018, minus (b) the aggregate amount of Term A Loan Amortization Adjustment Amounts utilized by Borrowers to reduce the Term A Loan Amortization Amount.