Term A Loans definition

Term A Loans has the meaning specified in Section 2.01(b).

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Term A Loans means a term loan “A” facility as such term is understood in the leveraged finance market and which is marketed primarily to banking institutions rather than to institutional investors and any increase to any Term Facility constituting Term A Loans. Term Facilities constituting Term A Loans are so designated on the Facilities Schedule.

Term A Loans means (a) the Initial Term A Loans and (b) any Incremental Term Loans in the form of additional Term A Loans made by the Incremental Term Lenders to the Borrower pursuant to Section 2.01(e).

Examples of Term A Loans in a sentence

Use the proceeds of (i) the Term A Loans to finance in part the Transactions and (ii) the Revolving Credit Loans (x) in an aggregate amount not to exceed $125,000,000 on the Closing Date to finance in part the Transactions and (y) thereafter, to provide ongoing working capital and for other general corporate purposes not in contravention of any Law or of any Loan Document.
The obligations of the Lenders hereunder to make Term A Loans and Revolving Credit Loans, to fund participations in Letters of Credit and Swing Line Loans and to make payments pursuant to Section 11.04(c) are several and not joint.
Initial Term A Loans borrowed under this Section 2.01(a) that are repaid or prepaid may not be reborrowed.
If the Borrower fails to specify a Type of Loan in a Committed Loan Notice or if the Borrower fails to give a timely notice requesting a conversion or continuation, then the applicable Term A Loans or Revolving Credit Loans shall be made as, or converted to, Base Rate Loans.
The Term A Borrowing shall consist of Term A Loans made simultaneously by the Term A Lenders in accordance with their respective Applicable Percentage of the Term A Facility.

More Definitions of Term A Loans

Term A Loans means the term loans extended by the Lenders to the Borrowers pursuant to Section 2.1.5 hereof.

Term A Loans means term loans that (a) are provided primarily by Regulated Banks, (b) amortize at a rate per annum of not less than 2.50% in each period of four consecutive fiscal quarters commencing on or after the funding of such loans and ending on or prior to the applicable maturity date (subject to any customary grace period) and (c) have a weighted average life to maturity, when incurred, of five years or less.

Term A Loans means (a) the term loans made by the Lenders to the Borrower pursuant to Section 2.01(a), and (b) any Incremental Term Loans in the form of Term A Loans made by the Incremental Term Lenders to the Borrower pursuant to Section 2.01(c).

Term A Loans means a Loan made pursuant to clause (a), or clause (b) of Section 2.01 or an Incremental Term Loan designated as such.

Term A Loans means a loan made pursuant to Section 2.1(a)(i).

Term A Loans means, collectively, the Initial Term A Loans, the Additional Term A Loans, the Other Term A Loans, the Extended Term A Loans and Refinancing Term A Loans.

Term A Loans means, collectively, the Term A-3 Loans and the 2017 Incremental Term A-4 Loans.