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.