Initial Term A Loans Sample Clauses

Initial Term A Loans. Subject to the terms and conditions set forth herein, each Term A Lender severally agrees to make its portion of a term loan (collectively, the “Initial Term A Loans”) to the Company in Dollars on the Initial Funding Date in an amount not to exceed such ▇▇▇▇▇▇’s Term A Loan Commitment. Amounts repaid on the Initial Term A Loans may not be reborrowed. The Initial Term A Loans may consist of Base Rate Loans or Term SOFR Loans, or a combination thereof, as further provided herein. Notwithstanding the foregoing, if the Initial Funding Date has not occurred prior to the Termination Date, then all Term A Loan Commitments hereunder shall immediately and automatically terminate on the Termination Date.
Initial Term A Loans. The Company shall repay the outstanding principal amount of the Initial Term A Loans in quarterly installments commencing on the last Business Day of second full fiscal quarter ending after the Initial Funding Date and on the last Business Day of each March, June, September and December thereafter equal to (i) from the Initial Funding Date through the second anniversary of the Initial Funding Date, 2.50%, (ii) from after the second an-niversary of the Initial Funding Date and through the fourth anniversary of the Initial Funding Date, 5.00%, and (iii) after the fourth anniversary of the Initial Funding Date, 10.00%, in each case, of the original principal amount of the Initial Term A Loans with the remaining outstanding principal balance due and payable on the Maturity Date of the Initial Term A Loans (as such in-stallments may hereafter be adjusted as a result of prepayments made pursuant to Section 2.06 and increases with respect to any increase to the Initial Term A Loans pursuant to Section 2.16), unless accelerated sooner pursuant to Section 8.02 (provided, that, for the avoidance of doubt, for purposes of this Section 2.08(c), the term “Initial Term A Loans” shall not be deemed to include the Delayed Draw Term A Loans).
Initial Term A Loans. The Borrowers shall repay to the Administrative Agent for the ratable account of the Appropriate Lenders the principal amount of the Initial Term-A Loans in quarterly installments, commencing on June 30, 2026, and continuing on the last day of each calendar quarter thereafter. Each such installment shall be in an amount equal to one and one-quarter of one percent (1.25%) of the aggregate amount of Initial Term-A Loans which have been funded hereunder. In addition to the foregoing, the Borrowers shall repay to the Administrative Agent for the ratable account of the Appropriate Lenders on the Maturity Date for the Initial Term-A Loan Facility the aggregate principal amount of all Initial Term-A Loans outstanding on such date.
Initial Term A Loans. Each Term A Lender severally agrees to make a single loan to the Borrowers in Dollars on the Closing Date in an amount not to exceed such Term A Lender’s Term A Commitment. The Term A Borrowing shall consist of Initial Term A Loans made simultaneously by the Term A Lenders in accordance with their respective Aggregate Commitment Percentages of the Term A Facility. Amounts borrowed under this Section 2.01(a)(i) and repaid or prepaid may not be reborrowed. Initial Term A Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein. The Initial Term A Loans will be prepaid in full with the proceeds of the New Term A Loans on the Third Amendment Effective Date.
Initial Term A Loans. Subject to the terms and conditions set forth herein, each Term A Lender severally agrees to make a single loan (each such loan, an “Initial Term A Loan”) in Dollars to the Borrower on the Closing Date in an amount equal to such Term A Lender’s Applicable Percentage of the Term A Facility. Each Term A Borrowing shall consist of Term A Loans made simultaneously by the Term A Lenders. Amounts borrowed under this Section 2.01(a) and repaid or prepaid may not be reborrowed. Term A Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.
Initial Term A Loans. Each Term A Lender agrees to make a single loan to the Borrowers in Dollars on the Closing Date in an amount not to exceed such Term A Lender’s Term A Commitment. The Term A Borrowing shall consist of Initial Term A Loans made simultaneously by the Term A Lenders in accordance with their respective Aggregate Commitment Percentages of the Term A Facility. Amounts borrowed under this Section 2.01(a)(i) and repaid or prepaid may not be reborrowed. Initial Term A Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further any Cash Collateral), that Lender will, to the extent applicable, purchase at par that portion of outstanding Loans of the other Lenders or take such other actions as the Administrative Agent may determine to be necessary to cause the Revolving Credit Loans and funded and unfunded participations in Letters of Credit and Swingline Loans to be held on a pro rata basis by the Revolving Credit Lenders in accordance with their Aggregate Commitment Percentages (without giving effect to Section 2.17(a)(vii)), whereupon that Lender will cease to be a Defaulting Lender; provided that no adjustments will be made retroactively with respect to fees accrued or payments made by or on behalf of the Borrowers while that Lender was a Defaulting Lender; and provided further, that except to the extent otherwise expressly agreed by the affected parties, no change hereunder from Defaulting Lender to Lender will constitute a waiver or release of any claim of any party hereunder arising from that Lender’s having been a Defaulting Lender.
Initial Term A Loans. The Borrower shall repay to the Term A Lenders the outstanding principal amount of the Initial Term A Loans in consecutive quarterly principal installments equal to $2,500,000 (which amount shall be reduced as a result of the application of prepayments in accordance with the order of priority set forth in Section 2.05) on the last Business Day of March, June, September and December, commencing June 30, 2013; provided, however, that the final principal repayment installment of the Initial Term A Loans shall be repaid on the Term A Maturity Date in an amount equal to the aggregate principal amount of all Initial Term A Loans outstanding on such date;
Initial Term A Loans. Borrowers shall pay the principal amount of each Term A Loan of each Lender as follows: (a) in arrears in quarterly installments equal to 0.25% of the original principal amount of the Term A Loans on the Closing Date, each payable on the first Business Day of each Fiscal Quarter commencing on the first Business Day after the Fiscal Quarter ending December 31, 2020 and (b) a final installment equal to the remaining outstanding principal balance of the Term A Loans, payable on the Termination Date. Unless sooner paid in full, the outstanding principal balance of the Term A Loans must be paid in full on the Termination Date.
Initial Term A Loans. Subject to the terms and conditions set forth herein, each Term A Lender severally agrees to make loans (each such loan, an “Initial Term A Loan”) in Dollars to the Borrower in two separate draws, the first of which occurred on the Closing Date in an aggregate principal amount of $100,000,000 and the second of which shall be made on the Second Amendment Effective Date in an aggregate principal amount of $82,500,000 (with the resulting aggregate outstanding principal amount of all Term A Loans immediately after the Second Amendment Effective Date being $175,000,000), in each case, in an aggregate principal amount not to exceed such Term A Lender’s respective Term A Commitment with respect to each such draw. Each Term A Borrowing of Initial Term A Loans shall consist of Initial Term A Loans made simultaneously by the applicable Term A Lenders. Amounts borrowed under this Section 2.01(a) and repaid or prepaid may not be reborrowed. Initial Term A Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.”
Initial Term A Loans. The Borrower shall repay to the Term A Lenders the outstanding principal amount of the Initial Term A Loans in consecutive quarterly principal installments equal to (A) $2,500,000 (which amount shall be reduced as a result of the application of prepayments in accordance with the order of priority set forth in Section 2.05) on the last Business Day of March, June, September and December, commencing June 30, 2013 to, but not including, June 30, 2014 and (B) $4,562,500 (which amount shall be reduced as a result of the application of prepayments in accordance with the order of priority set forth in Section 2.05) on June 30, 2014 and on the last day Business Day of each March, June, September and December thereafter; provided, however, that the final principal repayment installment of the Initial Term A Loans shall be repaid on the Term A Maturity Date in an amount equal to the aggregate principal amount of all Initial Term A Loans outstanding on such date;”