Existing Tranche A Loans definition

Existing Tranche A Loans has the meaning specified in Section 2.01(b).

Existing Tranche A Loans as defined in Recital C.

Existing Tranche A Loans has the meaning assigned to such term in the recitals to this Agreement.

Examples of Existing Tranche A Loans in a sentence

• Borrower hereby further agrees to pay interest on the unpaid principal amount of the Loans from time to time outstanding from the applicable Borrowing Date (as defined in the Existing Credit Agreement), in the case of Existing Tranche A Loans, and the applicable Borrowing Date, in the case of Additional Tranche A Loans and the Tranche B Loans, until payment in full thereof at the rates per annum, and on the dates, set forth in Section 2.8.

• Pursuant to the Existing Loan Agreement, each of the Banks with a Tranche A Commitment thereunder have made term loans designated as “Tranche A Loans” to the Borrower in the aggregate principal amount of $100,000,000 (the “Existing Tranche A Loans”) and such Existing Tranche A Loans are outstanding on the date hereof and shall continue to be outstanding under this Agreement as “Tranche A Loans”.

• Borrowers shall have paid to Agent for distribution to the Lenders under the Existing Loan Agreement principal on the Existing Tranche A Loans in an amount equal to the excess of the aggregate principal amount of such loans on the Effective Date over $35,650,000.

• As of December 21, 1998, each existing Lender has severally and not jointly made to the Borrower a loan in the principal amount set forth in Column A (Existing Tranche A Loans) in the attached Schedule 2.1 (each a "Tranche A Loan").

• If the Company shall have complied with its obligations under the Existing Loan Agreement to prepay the Existing Tranche A Loans and Existing Tranche B Loans from the proceeds of Asset Sales (as such term is defined in the Existing Loan Agreement), no Asset Sale shall constitute a Material Adverse Effect for purposes of this subsection 4.1G.

• Any amounts of accrued interest or other amounts owed (whether or not presently due and payable) by Borrowers to the Lenders under or in respect of the Existing Tranche A Loans and Existing Tranche B Loans shall, as of the Effective Date, continue to be due and payable to the Lenders under the Revolving Notes issued to the Lenders under this Amended Loan Agreement.

• The conversion of the Existing Tranche A Loans and Existing Tranche B Loans hereunder shall not be deemed to be repayment thereof, and Borrowers shall not be required to deliver any notice of prepayment or notice of borrowing or to satisfy any other condition relating to required amounts of prepayments or borrowings hereunder with respect to such conversion of the Existing Tranche A Loans and Existing Tranche B Loans.

More Definitions of Existing Tranche A Loans

Existing Tranche A Loans and "Existing Tranche B Loans," respectively) shall be converted into and deemed to be Tranche A Loans and Tranche B Loans, respectively, for all purposes under this Amended Loan Agreement. Any amounts of accrued interest or other amounts owed (whether or not presently due and payable) by Borrowers to the Lenders under or in respect of the Existing Tranche A Loans and Existing Tranche B Loans shall, as of the Effective Date, continue to be due and payable to the Lenders under the Revolving Notes issued to the Lenders under this Amended Loan Agreement. The conversion of the Existing Tranche A Loans and Existing Tranche B Loans hereunder shall not be deemed to be repayment thereof, and Borrowers shall not be required to deliver any notice of prepayment or notice of borrowing or to satisfy any other condition relating to required amounts of prepayments or borrowings hereunder with respect to such conversion of the Existing Tranche A Loans and Existing Tranche B Loans.

Existing Tranche A Loans. (ii) the Borrowers shall use the proceeds of new Revolving Loans to be made by the Incremental Revolving Credit Lenders in accordance with their Incremental Revolving Credit Commitments, together with cash on hand, to (A) prepay all of the Revolving Loans outstanding under the Credit Agreement immediately prior to the Effective Date (the “Existing Revolving Loans”) and (B) pay all accrued but unpaid interest on the Existing Tranche A Loans and the Existing Revolving Loans so prepaid, together with any fees and expenses relating thereto and (iii) all Revolving Credit Commitments in effect under the Credit Agreement immediately prior to the Effective Date shall be terminated and any Letters of Credit outstanding under such Revolving Credit Commitments shall, as of the Effective Date, be deemed outstanding under the Incremental Revolving Credit Commitments.

Existing Tranche A Loans means each "Tranche A Loan," under, and as defined in, the Existing Credit Agreement.