Class A-1L Loans definition

Class A-1L Loans. The Class A-1L Loans incurred by the Issuer, as borrower, on the Closing Date under the Loan Agreement.

Class A-1L Loans means the Loans.

Class A-1L Loans. The Class A-1L Loans A-1L Senior Secured Loans incurred by the Co-Issuers on the Closing Date pursuant to the Credit Agreement. On the Refinancing Date, the Class A-1L Loans will be prepaid in full and will no longer be Outstanding.

Examples of Class A-1L Loans in a sentence

• Without limiting the generality of the foregoing, the Class A-1L Loans shall comprise and be a part of the Class A Debt and, as such, shall be subject to the terms and conditions of the Indenture applicable to the Class A Debt, and shall have the rights afforded in the Indenture to the Class A Debt (to the extent applicable to the Class A-1L Loans).

• The Issuer is duly authorized to execute and deliver this Indenture to provide for the Notes issuable as provided herein and to incur the Class A-1L Loans as provided herein and in the Loan Agreement.

• All payments or distributions of amounts due and payable with respect to any Securities that are to be made from amounts withdrawn from the Payment Account shall be made on behalf of the Issuer by the Collateral Trustee or a Paying Agent (and, in the case of the Class A-1L Loans, the Loan Agent) as with respect to payments or distributions on the Securities.

• Ownership of the Class A-1L Loans shall be determined by reference to the Loan Register maintained by the Loan Agent in accordance with the Loan Agreement.

More Definitions of Class A-1L Loans

Class A-1L Loans. The Class A-1L Senior Secured Floating Rate Loans incurred by the Co-Issuers on the Refinancing Date.