Definition of Term Loan A Term Loan


Term Loan A Term Loan means each New Term Loan of any Series that requires amortization in an amount greater than 1% per annum.
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Examples of Term Loan A Term Loan in a sentence

The Administrative Agent shall maintain a loan account (the "Loan Account") on its books to record each of Term Loan A, Term Loan B and Term Loan C, all payments made by Borrower with respect to such Term Loan, and all other debits and credits as provided in this Agreement with respect to such Term Loan or any other Obligations with respect to such Term Loan.
Any Term Loan A, Term Loan B or Incremental Facility Loan, as applicable, repaid pursuant to Section 2.7(b) hereof may not be reborrowed.
Upon the request of any Lender made through the Administrative Agent, the Borrower shall execute and deliver to such Lender (through the Administrative Agent) a Revolving Loan Note, Term Note A or Term Note B and/or Incremental Facility Note, as applicable, which shall evidence such Lender's Revolving Loans, Term Loan A, Term Loan B and/or Incremental Facility Loan, as applicable, in addition to such accounts or records.
Pursuant to Section 2.4 of the Credit Agreement, Borrower hereby requests an advance under the [Line of Credit] [Term Loan A] [Term Loan B] [Term Loan C] upon the following terms: (a) The principal amount of the requested advance is $___________.
The Bank previously made a term loan to the Borrower in the original principal amount of $2,160,000 and with a current outstanding principal balance of $864,000 (Term Loan A) (Term Loan A and any other loans provided hereunder are, collectively, the Loans).