Definition of Term A Loan Payment Percentage

  1. Term A Loan Payment Percentage means the following percentages for the following Fiscal Quarters, beginning with the Fiscal Quarter ending September 30, 2014 and with all Fiscal Quarters thereafter being treated sequentially (by way of example only, the Fiscal Quarter ending September 30, 2014 would be the first Fiscal Quarter for purposes hereof, and the Fiscal Quarter ending September 30, 2015 would be the fifth Fiscal Quarter for purposes hereof): (i) 1.25% for each of the first four Fiscal Quarters to occur after the Effective Date, (ii) 1.875% for each of the fifth through and including the twelfth Fiscal Quarters to occur after the Effective Date, (iii) 2.50% for each of the thirteenth through and including the sixteenth Fiscal Quarters to occur after the Effective Date and (iv) 3.125% for each Fiscal Quarter thereafter.

Examples of Term A Loan Payment Percentage in a sentence

  1. The Borrower shall repay the Term A Loans on the last day of each Fiscal Quarter, commencing with the Fiscal Quarter ending September 30, 2014, in an amount equal to the then applicable Term A Loan Payment Percentage times the aggregate principal amount of the Term A Loans on the Effective Date (subject to adjustment pursuant to Section 2.11 as a result of prepayments).

Definition of Term A Loan Payment Percentage in Amended and Restated

Term A Loan Payment Percentage means the following percentages for the following Fiscal Quarters, beginning with the Fiscal Quarter ending September 30, 2014 and with all Fiscal Quarters thereafter being treated sequentially (by way of example only, the Fiscal Quarter ending September 30, 2014 would be the first Fiscal Quarter for purposes hereof, and the Fiscal Quarter ending September 30, 2015 would be the fifth Fiscal Quarter for purposes hereof): (i) 1.25% for each of the first four Fiscal Quarters to occur after the Effective Date, (ii) 1.875% for each of the fifth through and including the twelfth Fiscal Quarters to occur after the Effective Date, (iii) 2.50% for each of the thirteenth through and including the sixteenth Fiscal Quarters to occur after the Effective Date and (iv) 3.125% for each Fiscal Quarter thereafter.