Term Loan Tranche A definition

Term Loan Tranche A means a portion of the original principal amount of the Term Loan equal to Thirteen Million Seven Hundred Five Thousand Eight Hundred Eighty-Two and 73/100 Dollars ($13,705,882.73) as of the Closing Date.
Sample 1
Term Loan Tranche A means a portion of the original principal amount of the Term Loan equal to Twenty Million Dollars ($20,000,000).
Sample 1
Term Loan Tranche A means a portion of the original principal amount of the Term Loan equal to Twenty Million Dollars ($20,000,000), but reduced by a special principal payment of Six Million Dollars ($6,000,000) on the First Amendment Closing Date.
Sample 1

Examples of Term Loan Tranche A in a sentence

  • As a result, the termination date of Tranche A of the Term Loan (Tranche A of the Term Loan refers to the term loan obtained on September 21, 2015 in the initial amount of PLN 11,500.0 million) and consequently the repayment schedule have changed.

  • The sale, redemption, or other disposition of the New Second Out Term Loan, Tranche A Warrants or Tranche B Warrants, as applicable, at a gain would constitute a taxable event for a Luxembourg Holder (assumed to be a corporate taxpayer subject to Luxembourg profit tax).

  • The apartments, located on floors 3 through 6, will be affordable to seniors at or below 60% of AMI.

  • Such capital gain or loss will be long-term capital gain or loss if, at the time of the sale, exchange, redemption, or other taxable disposition, the U.S. Holder has a holding period in the Newco Equity, New Second Out Term Loan, Tranche A Warrants or Tranche B Warrants, as applicable, of more than one year.

  • The sale, redemption, or other disposition of the New Second Out Term Loan, Tranche A Warrants or Tranche B Warrants, as applicable, would not trigger any taxation in Luxembourg for a non-Luxembourg Holder, unless such transaction would be considered a deemed distribution from Newco Parent to such Holder.

  • Upon expiration of the current interest period Term Loan Tranche A shall bear interest at the Base Rate, unless Borrower elects to convert the interest rate to a Fixed Rate for the period selected by Borrower in accordance with the provisions of Section 2.5(b).

  • Simultaneous with this transaction, the Company retired $35.0 million principal amount of its Term Loan -Tranche A (and thereby reduced the total principal amount of the Term Loans from $225.0 million to $190.0 million).

  • The margin applicable to Term Loan Tranche A is two and three quarters percent (2.75%).

  • Any election by Borrower pursuant to this Section 2.5(b) shall be irrevocable during the Interest Period selected by Borrower, and that portion of Term Loan Tranche A so converted shall bear interest at the applicable Fixed Rate until the expiration of the applicable Interest Period at which time, unless another Fixed Rate has been duly elected by Borrower pursuant to this Section 2.5(b), the interest rate for such portion of Term Loan Tranche A will automatically convert to the Base Rate.

  • Term Loan Tranche A is currently bearing interest at a fixed rate equal to 5.1435% per annum with an Interest Period expiring on May 1, 2009.


More Definitions of Term Loan Tranche A

Term Loan Tranche A means a term loan in the original principal amount of $5 million dollars and all interest, fees and expense reimbursement obligations of Borrower relating thereto.
Sample 1

Related to Term Loan Tranche A

  • Term Loan B has the meaning set forth in Section 2.2(b).

  • Term Loan B Commitment means, with respect to each Lender, its Term Loan B Commitment, and, with respect to all Lenders, their Term Loan B Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • Extended Revolving Loans has the meaning assigned to such term in Section 2.23(a).

  • Existing Revolving Loans has the meaning specified in Section 2.7(a).

  • Extended Revolving Loan shall have the meaning assigned to such term in Section 2.21(e).

  • Extended Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).

  • Term A Loan Commitment means, as to each Lender, its obligation to make its portion of the Term A Loan to the Borrower pursuant to Section 2.01(c), in the principal amount set forth opposite such Lender’s name on Schedule 2.01. The aggregate principal amount of the Term A Loan Commitments of all of the Lenders as in effect on the Closing Date is $675,000,000.

  • Existing Revolving Credit Loans shall have the meaning provided in Section 2.14(g)(ii).

  • Term Loan Commitments means the aggregate amount of such commitments of all Lenders.

  • Incremental Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Total Revolving Loan Commitment means, at any time, the sum of the Revolving Loan Commitments of each of the Lenders at such time.

  • Existing Revolving Credit Commitment shall have the meaning provided in Section 2.14(g)(ii).

  • Extended Revolving Credit Commitment has the meaning specified in Section 2.15(a).

  • Aggregate Revolving Loan Commitment means the aggregate of the Revolving Loan Commitments of all the Revolving Lenders, as may be reduced or increased from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment is Two Hundred Fifty Million and 00/100 Dollars ($250,000,000.00).

  • Term Loan A has the meaning set forth in Section 2.2(a).

  • Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Extended Revolving Credit Commitments has the meaning set forth in Section 2.16(b).

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.

  • Existing Revolving Credit Commitments shall have the meaning provided in Section 2.15(a)(ii).

  • Term Loan A Commitment means, with respect to each Lender, its Term Loan A Commitment, and, with respect to all Lenders, their Term Loan A Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • Unutilized Revolving Loan Commitment means, with respect to any Lender at any time, such Lender’s Revolving Loan Commitment at such time less the sum of (i) the aggregate outstanding principal amount of all Revolving Loans made by such Lender at such time and (ii) such Lender’s RL Percentage of the Letter of Credit Outstandings at such time.

  • Extended Revolving Credit Facility means each Class of Extended Revolving Credit Commitments established pursuant to Section 2.15(a)(ii).

  • Existing Revolving Credit Facility means the $600,000,000 (subject to increase in accordance with its terms) revolving credit facility evidenced by that certain Amended and Restated Revolving Credit Agreement dated as of June 14, 2022 by and among the Borrower, the Parent, the lenders from time to time party thereto as “Lenders”, and JPMorgan Chase Bank, N.A., as Agent.