Term A Loans Sample Clauses

Term A Loans. The Parent Borrower shall repay the Term A Loans in the applicable currency of such Term A Loans in quarterly principal installments as follows:
AutoNDA by SimpleDocs
Term A Loans. On the Effective Date, all outstanding "Loans" under the ------------ Existing Credit Agreement held by the Existing Lenders, shall automatically and without any action on the part of any Person, be designated as Term A Loans hereunder and each of the New Lenders that is a Term A Lender (and each Existing Lender, if any, whose relative proportion of Term A Commitments hereunder is increasing over the proportion of Existing Loans held by it under the Existing Credit Agreement) shall, by assignments from the Existing Lenders (which shall be deemed to occur automatically on the Effective Date), acquire a portion of the Term A Loans of the Existing Lenders so designated in such amounts (and the Term A Lenders shall, through the Administrative Agent, make such additional adjustments among themselves as shall be necessary) so that after giving effect to such assignments and adjustments, the Term A Lenders shall hold the Term A Loans hereunder ratably in accordance with their respective Term A Commitments. On the Effective Date all "Interest Periods" in respect of the "Loans" under the Existing Credit Agreement that are designated as Term A Loans hereunder shall automatically be terminated and, subject to the terms and conditions of this Agreement (including, without limitation, paragraph (d) below), the Borrowers shall be permitted to Continue such "Loans" as Eurodollar Loans or to Convert such "Loans" into Base Rate Loans hereunder, in each case as provided in Section 2.08 hereof. In addition to the foregoing, each Term A Lender severally agrees, on the terms and conditions of this Agreement, to make additional term loans to the Borrowers in Dollars on the Effective Date (provided that the same shall occur no later than the Term Loan Commitment Termination Date) in an aggregate principal amount up to but not exceeding the amount of the Term A Commitment of such Lender (such Loans, together with the "Loans" under the Existing Credit Agreement designated as Term Loans hereunder pursuant to the preceding paragraph, being herein called "Term A Loans"), provided that in no event shall ------------ -------- the aggregate principal amount of all Term A Loans exceed the aggregate amount of the Term A Commitments as in effect on the Effective Date. Subject to the terms and conditions of this Agreement, on the Effective Date the Borrowers may borrow the amount of the unutilized Term A Commitments by means of Base Rate Loans and Eurodollar Loans, and thereafter the Borrow...
Term A Loans. The Borrower shall repay to the Term A Lenders the aggregate principal amount of all Term A Loans outstanding on the following dates in the respective amounts set forth opposite such dates (which amounts shall be reduced as a result of the application of prepayments in accordance with the order of priority set forth in Section 2.05(a)(i) or 2.05(b)(vi)): Date Amount March 31, 2010 $ 9,375,000 June 30, 2010 $ 9,375,000 September 30, 2010 $ 9,375,000 December 31, 2010 $ 9,375,000 March 31, 2011 $ 18,750,000 June 30, 2011 $ 18,750,000 September 30, 2011 $ 18,750,000 December 31, 2011 $ 18,750,000 March 31, 2012 $ 56,250,000 June 30, 2012 $ 56,250,000 September 30, 2012 $ 56,250,000 December 31, 2012 $ 56,250,000 March 31, 2013 $103,125,000 June 30, 2013 $103,125,000 September 30, 2013 $103,125,000 Maturity Date for Term A Facility $103,125,000 provided, however, that the final principal repayment installment of the Term A Loans shall be repaid on the Maturity Date for the Term A Facility and in any event shall be in an amount equal to the aggregate principal amount of all Term A Loans outstanding on such date.
Term A Loans. (a) The Company hereby unconditionally promises to repay the Replacement Term A Loans borrowed by it to the Administrative Agent for the account of each Replacement Term A Lender in quarterly principal installments (and in the date set forth in clause (vi) below), as follows:
Term A Loans. Subject to the terms and conditions set forth herein, each Term Lender with a Term A Loan Commitment (as defined in the Original Credit Agreement) severally agrees to make such Term Loans on the Closing Date.
Term A Loans. The Term A Loans shall amortize as provided in the following table, with each annualized amount being due and payable in equal monthly installments on the last day of each month, commencing December , 2007 and continuing to the Term Loan A Maturity Date, on which date the then outstanding Term A Loans shall be paid in full: Year Monthly Amortization Amount 1 $ 150,000 2 $ 150,000 3 $ 150,000 4 $ 150,000 5 $ 150,000 6 $ 150,000
Term A Loans. The Company shall repay to the Term A Lenders the aggregate principal amount of all Term A Loans outstanding on the following dates in the respective amounts set forth opposite such dates (which amounts shall be reduced as a result of the application of prepayments in accordance with the order of priority set forth in Section 2.04): PRINCIPAL PRINCIPAL AMORTIZATION PAYMENT AMORTIZATION PAYMENT DATE (SHOWN AS A % OF ORIGINAL DATE (SHOWN AS A % OF ORIGINAL PRINCIPAL AMOUNT) PRINCIPAL AMOUNT) March 31, 2008 1.25% March 31, 2011 2.50% June 30, 2008 1.25% June 30, 2011 2.50% Sept.30, 2008 1.25% Sept. 30, 2011 2.50% Dec. 31, 2008 1.25% Dec. 31, 2011 2.50% March 31, 2009 1.25% March 31, 2012 2.50% June 30, 2009 1.25% June 30, 2012 2.50% Sept. 30, 2009 1.25% Sept. 30, 2012 2.50% 47 Dec. 31, 2009 1.25% Dec. 31, 2012 2.50% March 31, 2010 1.25% March 31, 2013 32.50% June 30, 2010 1.25% June 30, 2013 Outstanding Principal Amount Sept. 30, 2010 1.25% Dec. 31, 2010 1.25% Total: 100.00% provided, however, that the final principal repayment installment of the Term A Loans shall be repaid on the Maturity Date for the Term A Facility and in any event shall be in an amount equal to the aggregate principal amount of all Term A Loans outstanding on such date.
AutoNDA by SimpleDocs
Term A Loans. Subject to and upon the terms and conditions of the Restatement Agreement and this Agreement, the Term A Lenders agree to make the Term A Loans to the Borrower on the Restatement Effective Date, which Term A Loans shall not exceed for any such Term A Lender the Term A Loan Commitment of such Lender and in the aggregate shall not exceed $420,000,000. Such Term Loans (i) may at the option of the Borrower be incurred and maintained as, and/or converted into, ABR Loans or LIBOR Loans; provided that all Term Loans made by each of the Lenders pursuant to the same Borrowing shall, unless otherwise specifically provided herein, consist entirely of Term Loans of the same Type, (ii) may be repaid or prepaid in accordance with the provisions hereof, but once repaid or prepaid, may not be reborrowed, (iii) shall not exceed for any such Lender the Term A Loan Commitment of such Lender, and (iv) shall not exceed in the aggregate the Total Term A Loan Commitments. On the Term A Loan Maturity Date, all then unpaid Term A Loans shall be repaid in full in Dollars.
Term A Loans. Subject to the terms and conditions set forth herein, each Term A Lender severally agrees to make a term loan (each such loan, a “Term A Loan”) to the Borrower in Dollars on the Closing Date in an amount not to exceed such Lender’s Term A Loan Commitment. Amounts repaid on the Term A Loan may not be reborrowed. The Term A Loan may consist of Base Rate Loans or Eurocurrency Rate Loans, as further provided herein. The Term A Loan Commitments shall terminate upon the funding of the Term A Loans and, if not previously terminated, shall in any event terminate no later than 5:00 p.m. on the Closing Date
Time is Money Join Law Insider Premium to draft better contracts faster.