Tranche A Term Loans definition

Tranche A Term Loans means Loans made by the Tranche A Term Lenders pursuant to Section 2.01(a).

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Tranche A Term Loans means the term loans made by the Lenders to the Borrower pursuant to clause (a) of Section 2.01. Each Tranche A Term Loan shall be either a Eurodollar Term Loan or an ABR Term Loan.

Tranche A Term Loans means the loans provided for by Section 2.01(b) hereof, which may be Base Rate Loans and/or Eurodollar Loans.

Examples of Tranche A Term Loans in a sentence

• Once repaid, Tranche A Term Loans incurred hereunder may not be reborrowed.

• Subject to Sections 2.13(a) and 2.14, all amounts owed hereunder with respect to the Tranche A Term Loans and the Tranche B Term Loans shall be paid in full no later than the Tranche A Term Loan Maturity Date and the Tranche B Term Loan Maturity Date, respectively.

• Amounts repaid or prepaid in respect of Tranche A Term Loans may not be reborrowed.

• The Tranche A Term Loans made on the Effective Date were ABR Loans or Eurodollar Loans as the Borrower shall have elected in a notice delivered to the Administrative Agent not later than 11:00 a.m. New York City time, three Business Days prior to the Effective Date.

• The Tranche A Term Commitments expired at 5:00 p.m. New York City time on the Effective Date, and amounts paid or prepaid in respect of Tranche A Term Loans may not be reborrowed.

More Definitions of Tranche A Term Loans

Tranche A Term Loans means, collectively, the Term Loans made to the Borrower by the Lenders pursuant to Section 2.1(b)(i).

Tranche A Term Loans has the meaning assigned to such term in Section 2.01(a)(i).

Tranche A Term Loans means the Tranche A Term Loans made by Lenders to Company pursuant to subsection 2.1A(i).

Tranche A Term Loans means the Loans made by Lenders to Borrower pursuant to subsection 2.1A(i).

Tranche A Term Loans as defined in subsection 2.1.

Tranche A Term Loans means the Tranche A-CHF Term Loans, the Tranche A-UK Term Loans and the Tranche A-US Term Loans, collectively.

Tranche A Term Loans has the meaning provided in Section 2.02(a) (Term Loans).