Definition of Term A Loan Amortization Amount

  1. Term A Loan Amortization Amount means an amount equal to $57,633.00; provided, that, solely with respect to the months ending during the period commencing on November 30, 2017 and ending on October 31, 2018, the Term A Loan Amortization Amount may be reduced (to an amount not less than $0), at the written election of Borrower Agent, by an amount equal to the Term A Loan Amortization Adjustment Amount. For the sake of clarity, as further set forth in Section 2.04(b), no Term A Loan Amortization Amount shall be required to be paid with respect to the months ending during the period commencing on November 30, 2016 and ending on October 31, 2017.

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

Term A Loan Amortization Amount means an amount equal to $57,633.00; provided, that, solely with respect to the months ending during the period commencing on November 30, 2017 and ending on October 31, 2018, the Term A Loan Amortization Amount may be reduced (to an amount not less than $0), at the written election of Borrower Agent, by an amount equal to the Term A Loan Amortization Adjustment Amount. For the sake of clarity, as further set forth in Section 2.04(b), no Term A Loan Amortization Amount shall be required to be paid with respect to the months ending during the period commencing on November 30, 2016 and ending on October 31, 2017.