Term Loan A definition
Examples of Term Loan A in a sentence
The principal amount of Term Loan A outstanding from time to time shall bear interest at the applicable Term Interest Rate.
The proceeds of Term Loan A were used to finance the repurchase of the Borrower’s Capital Securities in accordance with 10b5-1 plans.
Term Loan A may be prepaid in whole or in part at any time without penalty but shall be due in full on the Term Loan Maturity Date, unless the credit extended under Term Loan A is otherwise accelerated, terminated, or extended as provided in this Agreement.
Term Loan A has been fully advanced, and no additional amounts will be advanced under Term Loan A.
Subject to the terms and conditions of this Agreement and the other Loan Documents, and in reliance upon the representations and warranties of the Borrower set forth herein and in the other Loan Documents, the Lender will continue Term Loan A to the Borrower.