Loan A Clause Samples
Loan A. The principal amount of each Term Loan A is due and payable, and shall be repaid in full by the Borrowers, in consecutive installments on successive Installment Payment Dates as follows: eleven (11) installments each in an amount equal to $250,000 and a final installment on the Termination Date in the amount of the then-unpaid balance of such Term Loan A.
Loan A. (i) the security documents entered into in connection with the Existing Credit Agreement, with such changes, if any, therein as are necessary or appropriate to reflect the fact that the liens granted to DOE thereunder are junior to the liens securing the Senior Obligations; and
(ii) all other agreements and instruments, if any, necessary to establish the seniority of the liens on the Collateral (as defined in the Existing Credit Agreement) securing the Senior Obligations to the liens thereon securing the Obligors’ obligations in respect of Loan A, including, without limitation, intercreditor arrangements substantially identical to those set forth in Section 8 of the Collateral Trust Agreement (collectively with the documents listed in clause (i) above, the “Loan A Security Documents”).
Loan A