Term Loan A definition

Term Loan A has the meaning set forth in Section 2.2(a).
Term Loan A shall have the meaning set forth in Section 2.5.
Term Loan A means, collectively, the loans made by the Term Loan A Lenders to the Borrowers on the Closing Date pursuant to Section 2.01(a)(ii).

Examples of Term Loan A in a sentence

  • The leverage ratio determines the interest rate margin payable by the Company for its Term Loan A and revolving line of credit under the Credit Agreement by establishing the margin over the base interest rate (LIBOR) that is applicable.

  • During the period of February 25, 2021 through March 11, 2021, we provided $39.2 million of Senior Secured Term Loan A funding to National Property REIT Corp.

  • During the period of November 10, 2020 through December 11, 2020 we provided $70.6 million of Senior Secured Term Loan A funding to National Property REIT Corp.

  • During the period from November 15, 2021 through December 1, 2021, we provided $48.2 million of Senior Secured Term Loan A funding to NPRC for a property acquisition and to provide working capital.

  • On December 23, 2020, we received partial repayments of $12.0 million of our Senior Secured Term Loan A outstanding with NPRC.


More Definitions of Term Loan A

Term Loan A means as defined in Section 2.1(b).
Term Loan A has the meaning specified in Section 2.01(b).
Term Loan A has the meaning specified therefor in Section 2.01(a)(ii).
Term Loan A means, collectively, the term loans made by Term Loan A Lenders to Borrowers on (i) the Original Closing Date pursuant to Section 2.2(a) in the aggregate original principal amount of Twenty Million Dollars ($20,000,000), (ii) on the Amendment No. 1 Effective Date pursuant to Section 2.2(a) (as amended by Amendment No.1) in the aggregate principal amount of Eight Million Dollars ($8,000,000), and (iii) on the Amendment No. 2 Effective Date pursuant to Section 2.2(a) (as amended by Amendment No. 2) in the aggregate principal amount of Twenty Six Million Eight Hundred Fifty Thousand Dollars ($26,850,000); the outstanding principal balance on the Closing Date of the foregoing being $51,130,000.
Term Loan A shall have the meaning specified in subsection 2(b) hereof.
Term Loan A has the meaning provided in Section 2.01(b).
Term Loan A means the loan made pursuant to the Term Loan A Facility.