Term A Loan Percentage definition

Term A Loan Percentage means, for each Lender, the percentage of the Term A Loan Commitments represented by such Lender’s Term A Loan Commitment or, if the Term A Loan Commitments have been terminated or have expired, the percentage held by such Lender of the aggregate principal amount of all Term A Loans then outstanding.

Term A Loan Percentage means, for any Term A Lender, the percentage held by such Term A Lender of the aggregate principal amount of all Term A Loans then outstanding.

Term A Loan Percentage means, as to any Lender, (a) prior to making the Term A Loans, the ratio of (i) the Term A Loan Commitment of such Lender to (ii) the Term A Loan Commitments of all Lenders and (b) after the Term A Loans are made, the ratio of (i) the outstanding principal balance of the Term A Loan of such Lender to (ii) the aggregate outstanding principal balance of the Term A Loans of all Lenders.

Examples of Term A Loan Percentage in a sentence

• Subject to Section 5.7 hereof, the Administrative Agent shall not be obligated to disburse the portion of the proceeds of any Term Loan requested pursuant to this Section 4.2 to the extent that any Lender has not made available to the Administrative Agent its Term A Loan Percentage of such Term A Loan or Term B Loan Percentage of such Term B Loan, as applicable.

• If such Lender's Revolving Credit Commitment Percentage, Term A Loan Percentage or Term B Loan Percentage, as applicable, of such borrowing is not made available to the Administrative Agent by such Lender within three (3) Business Days after such borrowing date, the Administrative Agent shall be entitled to recover such amount made available by the Administrative Agent with interest thereon at the rate per annum applicable to Base Rate Loans hereunder, on demand, from the Borrowers.

• Money market funds generally are excluded from the scope of rule 18f–4, but may rely on the provision in the rule for investments in when-issued and similar securities.

• The amount of such loss or expense shall be determined, in the applicable Lender's sole discretion, based upon the assumption that such Lender funded its Revolving Credit Commitment Percentage, Term A Loan Percentage or Term B Loan Percentage, as applicable, of the LIBOR Rate Loans in the London interbank market and using any reasonable attribution or averaging methods which such Lender deems appropriate and practical.

• The amount of such loss or expense shall be determined by such Lender in its reasonable discretion based upon the assumption that such Lender funded its Revolving Credit Commitment Percentage, Term A Loan Percentage or Term B Loan Percentage, as applicable, of the LIBOR Rate Loans in the London interbank market and using any reasonable attribution or averaging methods which such Lender deems reasonably appropriate and practical.

More Definitions of Term A Loan Percentage

Term A Loan Percentage as to any Initial Term A Loan Lender at any time, the percentage which (a) such Lender’s Initial Term A Loans then outstanding constitutes of (b) the sum of all of the Initial Term A Loans then outstanding.

Term A Loan Percentage means, for each Lender, the percentage of the Term A Loan Commitments represented by such Xxxxxx’s Term A Loan Commitment or, if the Term A Loan Commitments have been terminated or have expired, the percentage held by such Lender of the aggregate principal amount of all Term A Loans then outstanding. “Term Credit” means the credit facility for the Term Loans described in Section 2.1. “Term Loan” is defined in Section 2.1 and, as so defined, includes a Base Rate Loan or a SOFR Loan, each of which is a “type” of Term Loan hereunder. “Term Loan Commitment” means, with respect to any Lender, the aggregate amount of such Lender’s (a) Term A Loan Commitment and (b) New Term Loan Commitments. “Term Loan Maturity Date” means April 2, 2026. “Term Loan Percentage” means, for each Lender, the percentage of the Term Loan Commitments represented by such Xxxxxx’s Term Loan Commitment or, if the Term Loan Commitments have been terminated or have expired, the percentage held by such Lender of the aggregate principal amount of all Term Loans then outstanding. “Term Note” is defined in Section 2.11. “Term SOFR” means, for the applicable tenor, the Term SOFR Reference Rate on the day (such day, the “Term SOFR Determination Day”) that is two (2) U.S. Government Securities Business Days prior to (a) in the case of SOFR Loans, the first day of such applicable Interest Period, or (b) with respect to Base Rate Loans, such day of determination of the Base Rate, in each case as such rate is published by the Term SOFR Administrator; provided, however, that if as of 5:00 p.m. (New York City time) on any Term SOFR Determination Day the Term SOFR Reference Rate for the applicable tenor has not been published by the Term SOFR Administrator and a Benchmark Replacement Date with respect to the Term SOFR Reference Rate has not occurred, then Term SOFR will be the Term SOFR Reference Rate for such tenor as published by the Term SOFR Administrator on the first preceding U.S. Government Securities Business Day for which such Term SOFR Reference Rate for such tenor was published by the Term SOFR Administrator so long as such first preceding U.S. Government Securities Business Day is not more than three (3) U.S. Government Securities Business Days prior to such Term SOFR Determination Day.

Term A Loan Percentage means, with respect to any Lender at any time, the percentage (carried out to the ninth decimal place) of the Term A Loan Facility represented by (a) prior to any Term A Loan Borrowing on the Closing Date, such Lender’s Term A Loan Commitment at such time, and (b) thereafter, the outstanding principal amount of such Lender’s Term A Loan at such time. The initial Term A Loan Percentage of each Lender is set forth in Schedule 2.01 or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable.

Term A Loan Percentage means as to any Lender, at any time after the Closing Date, the percentage which such Lender's Term A Loans then outstanding constitutes of all Term A Loans then outstanding.

Term A Loan Percentage means, as to any Term A Lender, the ratio of (a) the outstanding principal balance of the Term A Loans of such Term A Lender to (b) the aggregate outstanding balance of the Term A Loans of all Term A Lenders.

Term A Loan Percentage. With respect to any Bank, the percentage equivalent of a fraction, the numerator of which is the amount of the Term A Loan Commitment Amount of such Bank and the denominator of which is the sum of the Term A Loan Commitment Amounts of all the Banks.

Term A Loan Percentage means, with respect to any Term A Loan Lender at any time, the percentage of the total outstanding principal balance of the Term A Loans represented by the outstanding principal balance of such Term A Loan Lender’s Term A Loans. The Term A Loan Percentage of each Term A Loan Lender as of the Closing Date is set forth opposite the name of such Lender on Schedule 1.1(b).