Examples of A2 Loan in a sentence
On the Effective Date, each Roll-Up Claim shall be deemed converted, as of the Effective Date, into an Exit Facility Term A-2 Loan in a principal amount equal to the unpaid amount of the Roll-Up Claim so converted, and such Roll-Up Claims shall be deemed cancelled and of no further force or effect.
This can include (i) the introduction of a new good, (ii) the introduction of new production methods, (iii) the opening of a new market, (iv) the conquest of a new supply source of raw material or half-manufactured goods and (v) the carrying out of a new organization of any industry (Schumpeter 1911; Sans 2003; den Hertog and Smits 2004).
No Interest Period with respect to any Tranche A-1 Loan may end after the Tranche A-1 Maturity Date and no Interest Period for any Tranche A-2 Loan may end after the Tranche A-2 Date.
The Term A-2 Loan Commitments and Additional Term A-2 Commitments shall automatically terminate upon the making, conversion or continuance, as applicable, of the Term A-2 Loans and Additional Term A-2 Loans on the Amendment and Restatement Effective Date.
The Borrower promises to pay interest on the unpaid principal amount of the U.S. Term A-2 Loan made by the Lender from the date of such Loan until such principal amount is paid in full, at such interest rates and at such times as provided in the Agreement.
The Total Term A-2 Loan Commitment shall terminate at 5:00 p.m. (New York City time) on the Fourth Amendment Effective Date.
Notwithstanding the foregoing or any other provision of this Agreement, each Term A-2 Lender shall not make its Term A-2 Loan in cash on the Closing Date but shall be deemed to have made its Term A-2 Loan under this Agreement by exchanging (i.e. rolling over) (the “Second Lien Rollover”) its Second Lien Loans for the same aggregate principal amount as such Term A-2 Lender’s Term A-2 Loan Commitment and Term A-2 Loan.
The Term A-2 Loan Commitments shall terminate upon the funding of the Term A-2 Loan and, if not previously terminated, shall in any event terminate no later than 5:00 p.m. on the First Amendment Effective Date.
The U.S. Term A-2 Loan made by the Lender shall be evidenced by one or more loan accounts or records maintained by the Lender in the ordinary course of business.
Notwithstanding the foregoing, if, at the time any Event of Default pursuant to Section 8.01(a) or Section 8.01(i) occurs and is continuing, there are Term A-1 Loan Borrowings or Term A-2 Loan Borrowings outstanding but no other Borrowings, L/C Borrowing or Unreimbursed Amount outstanding, the Administrative Agent shall take the actions set forth in this Section 8.02 at the request of the Class Required Lenders with respect to the Term A-1 Loans or Term A-2 Loans only, as applicable.