Term Loan A-3 : shall mean (i) a Term Loan A-2 that has been converted pursuant to Section 2.5(b), (ii) an additional Term Loan A-3 made by an Increasing Lender on the Closing Date pursuant to Section 2.5(c) or (iii) any Incremental Term Loan or Extended Term Loan made or extended after the Closing Date and designated as a Term Loan A-3 in the relevant Incremental Facility Amendment or other instrument pursuant to which such loan is made or extended.
The unused commitments of the Lenders with respect to the Term Loan A3 shall expire on the Term Loan A3 Commitment Termination Date.
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-3") 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-3 Commitment; it being understood that the Term Loan A-3 must be drawn in one Borrowing.
The Term Loan A-3 may be composed of Base Rate Loans, Eurodollar Rate Loans or LIBOR Daily Floating Rate Loans, or a combination thereof, as further provided herein.
The Term Loan A3 may consist of Base Rate Loans or Eurodollar Loans as further provided herein; provided that any borrowings of the Term Loan A3 on the Closing Date shall be Base Rate Loans.
All (x) Base Rate Loans shall be made in a minimum amount of $500,000 and an integral multiple of $100,000 (other than in the case of a borrowing in the amount of the entire remaining Term Loan A-2 Commitment or Term Loan A-3 Commitment), and (y) LIBOR Loans shall be made in a minimum amount of $1,000,000 and an integral multiple of $500,000 (other than in the case of a borrowing in the amount of the entire remaining Term Loan A-2 Commitment or Term Loan A-3 Commitment).