Term A Percentage means, as of any date of determination, expressed as a percentage, (i) the aggregate principal amount of outstanding Term A Loans divided by (ii) the aggregate principal amount of all outstanding Term Loans.
Examples of Term A Percentage in a sentence
Term A Percentage means, as to any Lender, the percentage which (a) the Term A Commitment of such Lender (or, after the making of the Term A Loans, the principal amount of such Lender's Term A Loan) is of (b) the aggregate amount of Term A Commitments (or after the making of the Term A Loans, the aggregate principal amount of all Term A Loans).
Applicable Term A Percentage means with respect to any Term A Lender at any time, such Term A Lenders Applicable Percentage in respect of the Term A Facility at such time.
Subject to the terms and conditions of Section 4.02 and Section 4.03 set forth herein, each Term A Lender severally agrees to make one subsequent Term A Loan to the Borrower on any Business Day during the Term A Availability Period, in an aggregate principal amount equal to such Term A Lenders Applicable Term A Percentage of the Reallocated Term A Commitment Amount.
Each Lender severally agrees, on the terms and conditions set forth herein, to make a single loan to the Company (each such loan, a "Term A Loan") on the Closing Date in an amount not to exceed such Lender's Term A Percentage of $50,000,000.
The Administrative Agent will promptly notify each Lender of its receipt of any such notice and of such Lender's share of such prepayment based upon such Lender's Revolving Percentage, in the case of a prepayment of Revolving Loans, Term A Percentage, in the case of a prepayment of Term A Loans, Term B Percentage in the case of a prepayment of Term B Loans, Term C Percentage in the case of prepayment of Term C Loans and Term D Percentage in the case of prepayment of Term D Loans.