Tranche A-2 Commitment definition
Examples of Tranche A-2 Commitment in a sentence
The agreements in this Section shall survive the resignation of the Administrative Agent, the replacement of any Lender, the termination of the Aggregate Tranche A-1 Commitment and/or the Aggregate Tranche A-2 Commitment and the repayment, satisfaction or discharge of all the other Obligations.
Promptly after receipt thereof, the Administrative Agent will notify each Lender of the contents of each Aggregate Tranche A-1 Commitment reduction notice or each Aggregate Tranche A-2 Commitment reduction notice, as applicable, Borrowing Notice, Conversion/Continuation Notice and prepayment notice received by it hereunder.
All of the Borrower’s obligations under this Article 3 shall survive termination of the Aggregate Tranche A-1 Commitment and/or the Aggregate Tranche A-2 Commitment, repayment of all other Obligations hereunder and resignation of the Administrative Agent.
The aggregate unfunded Tranche A-2 Commitments shall be automatically and permanently reduced to zero on the Tranche A-2 Commitment Termination Date.
The remainder of the Tranche A2 Commitment, if any, of each Tranche A2 Lender shall terminate immediately without further action on the Merger Date after giving effect to such Lender’s funding of its portion of the Tranche A2 Advances funded on the Merger Date.