Definition of Term Loan A Exposure

Term Loan A Exposure means, at any time, the outstanding principal amount of the Term Loan A.

Examples of Term Loan A Exposure in a sentence

If, at any time, (A) the Term Loan A Exposure on such date exceeds (B) the Term Loan A Borrowing Base reflected in the Borrowing Base Certificate most recently delivered by Borrowers to Agent, then Borrowers shall immediately prepay the Obligations in accordance with Section 2.4(f)(iii) in an aggregate amount equal to the amount of such excess.