Definition of Term A Loan Commitment Amount


Term A Loan Commitment Amount means $115,000,000, as such amount may be reduced pursuant to the terms of this Agreement.
Sample 1

Examples of Term A Loan Commitment Amount in a sentence

The Term A Loan of each Bank shall be evidenced by a Term A Note payable to the order of such Bank in the principal amount equal to such Bank's Term A Loan Commitment Amount.
No Term A Loan Lender shall be permitted or required to make any Term A Loan if, after giving effect thereto, the aggregate outstanding principal amount of all Term A Loans of such Term A Loan Lender would exceed such Lender's Term A Percentage of the then existing Term A Loan Commitment Amount.
Upon the Closing Date, each Bank shall make available to the Borrower a term loan (each being a "Term A Loan" and, collectively, the "Term A Loans") in an amount by such Bank equal to its Term A Loan Commitment Amount, which Term A Loans shall refinance $15,000,000 of the Existing Revolving Loan Obligations.
Upon the Fifth Amendment Effective Date, each Bank shall continue its ratable portion of $20,000,000 of the Banks' existing term loans to the Borrower as a term loan in an amount by such Bank equal to its Term A Loan Commitment Amount (each being a "Term A Loan" and, collectively, the "Term A Loans").