Definition of Term Loan A-2


Term Loan A-2 means a loan made or to be made under Term Facility A-2 or the principal amount outstanding for the time being of that loan.

Examples of Term Loan A-2 in a sentence

Amortization Schedule The Term Loan A-2 shall amortize in equal monthly principal installments of $51,417 payable on the first day of each month, with a Balloon Payment of the remaining outstanding balance on the Commitment Termination Date.
The unused commitments of the Lenders with respect to the Term Loan A2 shall expire on the Term Loan A2 Commitment Termination Date.
The Borrower hereby unconditionally promises to pay to the Administrative Agent for the ratable account of the Term Loan A-2 Lenders the then unpaid principal amount of the Term Loan A-2 Loans (and all accrued and unpaid interest thereon) on the Maturity Date applicable to the Term Loan A-2 Loans.
Subject to the terms and conditions set forth herein, each Lender severally agrees to make its portion of a term loan (the "Term Loan A-2") to the Borrower in Dollars, on any Business Day from the Third Amendment Effective Date to the date that is 30 days subsequent thereto but in no event later than October 10, 2015, in an amount equal to such Lender's Term Loan A-2 Commitment; it being understood that the Term Loan A-2 must be drawn in one Borrowing.
The Term Loan A-2 may be a Base Rate Loan or Eurodollar Rate Loan, as further provided herein; provided, however, all Borrowings made on the Closing Date shall be made as Base Rate Loans unless the Administrative Agent shall have received an appropriate funding indemnity letter executed by the Borrower and reasonably acceptable to the Administrative Agent at least three (3) Business Days prior to the Closing Date.