Tranche A-2 Term Loans has the meaning assigned to such term in Section 2.01(a)(ii).

Tranche A-2 Term Loans means, collectively, the term loans made by or on behalf of Tranche A-2 Lenders, jointly and severally, as provided for in Section 2.3 hereof; sometimes being referred to herein individually as a “Tranche A-2 Term Loan”.

Examples of Tranche A-2 Term Loans in a sentence

Subject to the other terms and conditions hereof, the Borrower may prepay the Tranche A-2 Term Loans pursuant to Section 2.05, subject to any subordination terms set forth herein.
Tranche A-2 Term Loans may be Base Rate Loans or Eurocurrency Rate Loans prior to the Amendment No. 16 Effective Date and, thereafter, shall be Fixed Rate Loans, as further provided herein.
The US Borrower and the UK Borrower will use the proceeds of all Tranche A-1 Term Loans and/or Tranche A-2 Term Loans that are funded after the Funding Date pursuant to Section 2.1(a)(iii) solely for general corporate purposes.
The full amount of the proceeds of the Tranche A-2 Term Loans made on the Funding Date shall be deposited on the Funding Date in the UK Borrower Debt Escrow Account to be held by the Financing Escrow Agent pursuant to the terms of the Financing Escrow Agreement.
The full amount of each Installment shall be applied to the Tranche A-1 Term Loans until paid in full and thereafter to the Tranche A-2 Term Loans until paid in full.

More Definitions of Tranche A-2 Term Loans

Tranche A-2 Term Loans means the Tranche A-2 Term Loans advanced to CMI pursuant to the Existing Credit Agreement.

Tranche A-2 Term Loans means the Tranche A-2 Term Loans to be advanced to CMI pursuant to Section 2.01(b) and the Tranche A-2 Incremental Term Loan.

Tranche A-2 Term Loans and the portion of the Facility relating thereto being the “Tranche A-2”). Amounts repaid or prepaid in respect of the Advances may not be reborrowed. Unused Commitments shall terminate at 4:00 p.m. (New York time) on the Final Loan Availability Date. The Advances may be ratable Floating Rate Advances or ratable LIBOR Rate Advances. This facility (“Facility”) is a term loan credit facility. Each Lender shall fund its applicable Percentage of each Advance and no Lender will be required to fund any amounts which would exceed such Lender’s then-current unused Commitment for the applicable Tranche. The initial Advances of the Tranche A-1 Term Loan shall be $226,000,000 and the Tranche A-2 Term Loan shall be $126,000,000 and the remaining Tranche A-1 Term Loan Commitment of $24,000,000 and Tranche A-2 Term Loan Commitment of $24,000,000 may be drawn in increments of $10,000,000 (with a concurrent draw of a Tranche A-1 Term Loan and Tranche A-2 Term Loan constituting a single drawing for purposes of satisfying such minimum requirement), in up to five (5) draws (in addition to the initial Advance) by Borrower’s (x) delivery of Borrowing Notice to Administrative Agent and (y) satisfaction of each of the applicable conditions to an Advance set forth in Section 4.1 and/or Section 4.2; provided, however, that, the final Advance may be in an amount less than $10,000,000 if it is in the amount of the unused Aggregate Commitments.

Tranche A-2 Term Loans means the Tranche A-2 Term Loans made to the Borrower pursuant to Section 2.4.

Tranche A-2 Term Loans of which (i) $3,000,000 shall be new money loans and (ii) $9,000,000 shall be provided on a cashless basis by each Lender pursuant to the exchange set forth in Section 3 of the First Amendment; and

Tranche A-2 Term Loans and the portion of the Facility relating thereto being the “Tranche A-2”). Amounts repaid or prepaid in respect of the Advances may not be reborrowed. The Advances may be ratable Floating Rate Advances or ratable LIBORSOFR Rate Advances. This facility (“Facility”) is a term loan credit facility. Each Lender shall fund its applicable Percentage of each Advance and no Lender will be required to fund any amounts which would exceed such Lender’s then-current unused Commitment for the applicable Tranche. 2.2.

Tranche A-2 Term Loans means the term loans made by the Lenders in Euros to the U.S. Borrower pursuant to Section 2.01.