Class A Loans definition

Class A Loans means, collectively, the Class A-R Loans and the Class A-T Loans.

Class A Loans. The Class A Senior Secured Floating Rate Loans incurred by the Co-Issuers under the Credit Agreement.

Class A Loans means the Loans made pursuant to this Agreement as supplemented by the Class A Term Loan Supplement.

Examples of Class A Loans in a sentence

• Other than with respect to the payment priorities of the Class A Loans and the Class B Loans set forth herein, none of the Obligations are subordinated in any way to any other obligations of Borrower, any other Credit Party or to the rights of any other Person.

• The Notice of Borrowing shall specify (A) the aggregate amount of the Borrowing, (B) the date of the Borrowing, (C) the allocation of the Loans as Class A Loans and Class B Loans and (D) in an electronic file acceptable to the Lenders, the Eligible Receivables to be Pledged in connection with the Borrowing (and upon the Borrowing, such Receivables shall be Pledged Receivables hereunder).

• Payments of the Unused Commitment Fee shall be allocated and paid to Owners based upon their respective Invested Percentages of the Loans Outstanding that are Class A Loans or Class B Loans, as applicable, for the applicable Interest Period.

• Any partial prepayment of Class A Loans shall be applied to prepay installments of Required Class A Loan Repayment Amounts in the reverse order of maturity.

• Pursuant to Section 2.15(a)(i) of the Credit Agreement, the Borrower gives notice of its intent to effect a Securitization on or about , 201 (which date is no fewer than 30 days after the date of delivery of this notice to the Administrative Agent) and on such date, the Borrower elects (i) to prepay the aggregate Principal Amount of the Class A Loans [in whole]/[in an amount equal to $[ ]] and (ii) to prepay the aggregate Principal Amount of the Class B Loans [in whole]/[in an amount equal to $[ ]].

More Definitions of Class A Loans

Class A Loans means collectively, the Initial Loans, the Incremental Loans made on the First Incremental Effective Date and the Incremental Loans made on the Second Incremental Effective Date.

Class A Loans means the loans funded by the Class A Advances made by the Class A Lenders. “Class A Maximum Principal Amount” means $533,333,333.

Class A Loans means the mortgage loans contributed by the Class A

Class A Loans means the Loans made by the Class A Lenders in the maximum amount equal to the Class A Loans Borrowing Limit pursuant to Section 2.01.

Class A Loans means a Loan made by a Class A Lender to Company pursuant to Section 2.1.

Class A Loans means a Loan made by a Class A Lender to Company pursuant to Section 2.1 .

Class A Loans means any loan designated as a “Class A Loan” on Schedule I hereto made by a Class A Lender pursuant to Section 2.02. “Class B Lender” means each Person listed as a “Class B Lender” on Schedule I hereto. “Class B Loans” means any loan designated as a “Class B Loan” on Schedule I hereto made by a Class B Lender pursuant to Section 2.02. “Class B Interest Rate” means, for any day in any Interest Period, the sum of (a) Adjusted Term SOFR plus (b) the Applicable Margin plus (c) for any day on which an Event of Default has occurred and is continuing, an additional default rate of interest equal to 2.00% per annum; provided, however, that no provision of this Agreement shall require the payment or permit the collection of Interest in excess of the maximum permitted by Applicable Law. “Closing Date” means April 27, 2021.