Additional Term A Loan definition

Additional Term A Loan is defined in clause (b) of Section 2.1.1.
Additional Term A Loan has the meaning assigned thereto in the First Incremental Term A Facility Amendment.
Additional Term A Loan. Commitments”), (c) commitments to increase the aggregate principal amount of any existing Class of Term B Loans (“Additional Term B Loan Commitments”), (d) commitments (“Other Term A Loan Commitments”) to establish a Class of Other Term A Loans or (e) commitments (“Other Term B Loan Commitments”) to establish a new Class of Other Term B Loans (all such additional loans or commitments described in clauses (b), (c), (d) and (e), an “Incremental Term Loan Commitment”; each Incremental Term Loan Commitment and Revolving Commitment Increase, an “Incremental Facility”) by an aggregate amount for all Incremental Facilities not in excess of the Incremental Cap; provided that (x) the aggregate amount of Revolving Commitment Increases shall not exceed $50,000,000, (y) after giving effect to any Revolving Commitment Increase, the aggregate Revolving Credit Commitments of all of the Lenders shall not exceed $400,000,000 and (z) the aggregate principal amount of Additional Term A Loans and Other Term A Loans taken together shall not exceed $25,000,000; provided, further, that on and after the Amendment No. 2 Effective Date, the Borrower shall be permitted to establish Incremental Facilities only pursuant to clause (c) or (e). Each such notice shall specify the date (each, an “Incremental Effective Date”) on which the Borrower proposes that the applicable Incremental Facility shall be effective, which shall be a date not less than five (5) Business Days after the date on which such notice is delivered to each Administrative Agent. No Person that is a Lender prior to the effectiveness of any applicable Additional Credit Extension Amendment (a “Current Lender”) with respect to any Incremental Facility shall be obligated to provide any such Incremental Facility, and any commitment of any Current Lender to provide an Incremental Facility shall be in the sole discretion of such Current Lender.

Examples of Additional Term A Loan in a sentence

  • Each Lender with an Additional Term A Loan Commitment as of the Closing Date agrees to make an additional term loan to Borrower (each such loan, individually and collectively, “Additional Term A Loan” and together with the Existing Term A Loans, individually and collectively “Term A Loan”) on the Closing Date in the aggregate amount of such Lender’s Pro Rata Share of the aggregate amount of the Additional Term A Loan Commitments of all Lenders.

  • Upon the First Amendment Effective Date, Schedule 2.01 to the Credit Agreement shall be amended by the Administrative Agent to reflect (i) the Term A Loan Commitments, including the Additional Term A Loan Commitments and (ii) the LC Facility A Commitments, including the Additional LC Facility A Commitments, in each case, on and as of the First Amendment Effective Date.

  • The Additional Term A Loan together with the principal amount of the Prior Term A Loan and Prior Term C Loan shall be combined into a single loan with the principal amount of such loans equal to $165,000,000 and being referred to herein individually as a “Term A Loan” and collectively as the “Term A Loans.” As provided in Section 1.6(a) hereof, the Borrower may elect that the Term A Loan be outstanding as a Base Rate Loan or Eurodollar Loan.

  • The Commitments of the Lenders to make Additional Term A Loans shall expire concurrently with the making of such Additional Term A Loan on the Closing Date.

  • The Borrower, the Administrative Agent, each Lender having an Additional Term A Loan Commitment, Lenders holding a majority of the aggregate amount of Term A Loans outstanding and the Required Lenders shall have executed and delivered this Amendment.


More Definitions of Additional Term A Loan

Additional Term A Loan has the meaning specified in Section 2.01(a)(i).
Additional Term A Loan is defined in CLAUSE (B) of SECTION 2.1.1.
Additional Term A Loan means any term loan made or to be made to the Borrowers pursuant to Section 2.01A(c) of this Agreement on the First Amendment Effective Date.
Additional Term A Loan means each Term A Loan made by any Act III/Regal Lender pursuant to clause (b) of Subpart 3.1.
Additional Term A Loan is defined in Section 2.1.3.
Additional Term A Loan with respect to the Term A Loan, and an “Additional Credit-Linked A Deposit” with respect to the Credit-Linked A Deposits) in the aggregate initial principal amount equal to the amount set forth opposite such Additional Term A Lender’s or Additional LC Facility A Lender’s name under the caption “Additional Term A Commitment” and “Additional LC Facility A Commitmenton Schedule 2.01 to the Credit Agreement, as amended as of the First Amendment Effective Date. The entire proceeds of (a) each Additional Term A Loan shall be used by the Borrowers for the exclusive purpose of refinancing in full the outstanding principal amount of the Term Loans of the Term Lenders, if any, that do not execute and deliver this Amendment as Term A Lenders on or prior to the First Amendment Effective Date and (b) each Additional Credit-Linked A Deposit shall be deposited with the Administrative Agent on the First Amendment Effective Date for the exclusive purpose of replacing in full the outstanding amount of the Credit-Linked Deposits of the LC Facility Lenders, if any, that do not execute and deliver this Amendment as LC Facility A Lenders on or prior to the First Amendment Effective Date; it being understood that (i) Additional Term A Lenders may be Term Lenders prior to the First Amendment Effective Date and (ii) Additional LC Facility A Lenders may be LC Facility Lenders prior to the First Amendment Effective Date.
Additional Term A Loan has the meaning specified in Section ---------------------- ------- 2.01(a)(i). -----------