A2 Loan definition

A2 Loan means the term loan being the aggregate of the principal amounts outstanding to each Existing Lender set opposite its name in the column headed “A2 Loan” in Schedule 1 (The Existing Lenders) or the principal amount outstanding for the time being of that loan.
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A2 Loan means the loan specified in Section 2.01(b)(iii) (The Loan) or, as the context requires, its principal amount from time to time outstanding;
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A2 Loan or "A2 Loans") without effecting any similar terms applicable to any Loans made under the original Agreement or any Amendment Loans made under Agreement No. 1:
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Examples of A2 Loan in a sentence

  • The Term Borrowing on the Amendment No. 2 Effective Date shall consist of Term A-2 Loans made simultaneously by the Term A-2 Loan Lenders in the full amount of their respective Term A-2 Loan Commitments as of the Amendment No. 2 Effective Date.

  • 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.

  • 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.

  • 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 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.

  • The proceeds of the Credit Extension of (a) the Term A Loan will be used to repay $300,000,000 in principal of the Term A Loan outstanding under (and as defined in) the Existing Credit Agreement on the Closing Date and (b) the Term A-2 Loan will be used to finance ongoing working capital needs, capital expenditures and other general business purposes.

  • The Term A-2 Loans shall mature, and all outstanding principal and accrued interest and other Obligations in respect thereof shall be paid in full, on the Term A-2 Loan Maturity Date, as the same may be accelerated in accordance with this Agreement.

  • Notwithstanding the foregoing, if the total Term A-2 Loan Commitment as of the Closing Date is not drawn on the Closing Date, the undrawn amount shall automatically be cancelled.

  • Subject to adjustment in connection with prepayments made pursuant to Section 2.04, each of the first twenty-four (24) installments shall be in the principal amount equal to 0.25% of the original aggregate principal amount of the Term A-2 Loan and the final principal repayment installment of the Term A-2 Loans, due on the Maturity Date for the Term A-2 Facility, shall be in an amount equal to the aggregate principal amount of all Term A-2 Loans outstanding on such date.


More Definitions of A2 Loan

A2 Loan means the principal amount of the A2 Commitment borrowed under this Agreement and designated as such in each relevant Request or the principal amount outstanding of each such borrowing.
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Related to A2 Loan

  • RFR Loan means a Loan that bears interest at a rate based on the Adjusted Daily Simple SOFR.

  • VA Loan means a Mortgage Loan which is subject of a VA Loan Guaranty Agreement as evidenced by a loan guaranty certificate, or a Mortgage Loan which is a vendor loan sold by the VA.

  • Sub-loan means a loan made or proposed to be made out of the proceeds of the Loan to a Beneficiary for a Development Project;

  • Term Loan as defined in Section 2.1.

  • MOM Loan With respect to any Mortgage Loan, MERS acting as the mortgagee of such Mortgage Loan, solely as nominee for the originator of such Mortgage Loan and its successors and assigns, at the origination thereof.

  • Loan Advance The meaning specified in Section 2.2(a).

  • PPP Loan means (i) any covered loan under paragraph (36) of Section 7(a) of the Small Business Act (15 U.S.C. 636(a)), as added by Section 1102 of the CARES Act, or (ii) any loan that is an extension or expansion of, or is similar to, any covered loan described in clause (i).

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Funding Loan means the Funding Loan in the original maximum principal amount of $ made by Funding Lender to Governmental Lender under the Funding Loan Agreement, the proceeds of which are used by the Governmental Lender to make the Borrower Loan.

  • SOFR Loan means a Loan that bears interest at a rate based on Adjusted Term SOFR, other than pursuant to clause (c) of the definition of “Base Rate”.

  • Subsidy Loan Any Mortgage Loan subject to a temporary interest subsidy agreement pursuant to which the monthly interest payments made by the related Mortgagor will be less than the scheduled monthly interest payments on such Mortgage Loan, with the resulting difference in interest payments being provided by the employer of the Mortgagor. Each Subsidy Loan will be identified as such in the Mortgage Loan Schedule.

  • DIP Loan Any Loan (i) with respect to which the related Obligor is a debtor-in-possession as defined under the Bankruptcy Code, (ii) which has the priority allowed pursuant to Section 364 of the Bankruptcy Code and (iii) the terms of which have been approved by a court of competent jurisdiction (the enforceability of which is not subject to any pending contested matter or proceeding).

  • Original Loan shall have the meaning set forth in the recitals hereto.

  • Term Advance has the meaning specified in Section 2.01(a).

  • Incremental Loan has the meaning set forth in Section 2.14(b).

  • CD Loan means a Committed Loan to be made by a Bank as a CD Loan in accordance with the applicable Notice of Committed Borrowing.

  • Revolving Loan means a Loan made pursuant to Section 2.01.

  • Revolving Loan Note means a promissory note in the form of Exhibit B-2, as it may be amended, supplemented or otherwise modified from time to time.

  • Term Loan Note means a promissory note made by the Borrower in favor of a Term Loan Lender evidencing the portion of the Term Loans made by such Term Loan Lender, substantially in the form attached as Exhibit A-3, and any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part.

  • L/C Advance means, with respect to each Lender, such Lender’s funding of its participation in any L/C Borrowing in accordance with its Applicable Percentage.

  • PMI Advance As defined in the related Servicing Agreement, if applicable.

  • PIK Loan means a Loan to an Obligor, which provides for a portion of the interest that accrues thereon to be added to the principal amount of such Loan for some period of the time prior to such Loan requiring the cash payment of interest on a monthly or quarterly basis.

  • Tranche B Loan has the meaning specified in Section 2.01(b).

  • PACE Loan means (x) any “Property-Assessed Clean Energy loan” or (y) any other indebtedness, without regard to the name given to such indebtedness, which is (i) incurred for improvements to the Property for the purpose of increasing energy efficiency, increasing use of renewable energy sources, resource conservation, or a combination of the foregoing, and (ii) repaid through multi-year assessments against the Property.

  • Fixed Rate Loan means a Competitive Loan bearing interest at a Fixed Rate.

  • Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.