Class A Loan definition

Class A Loan has the meaning given to such term in Section 2.01(a).

Class A Loan means each Loan outstanding hereunder as to which the Lender is a Class A Lender.

Class A Loan means a loan made by a Class A Lender to Borrower pursuant to Section 2.01 of this Agreement.

Examples of Class A Loan in a sentence

• The Issuer will not be required to pay additional amounts to holders of the Class A Loan to compensate them for any withholding or deduction which is imposed on payments under the Class A Loan Agreement and no Event of Default shall occur as a result.

• The Class A Loan is subject to certain transfer restrictions as set out in the Class A Loan Agreement.

• Interest shall cease to accrue on each Secured Note and Class A Loan, or in the case of a partial repayment, on such part, from the date of repayment or the respective Stated Maturity unless payment of principal is improperly withheld or unless default is otherwise made with respect to such payments of principal.

• Payments in respect of interest on and principal of any Class A Loan will be paid to or as directed by the Loan Agent.

• The Class A Loan Agreement contains certain representations relating to the tax status of any Class A Lender to ensure there is no UK or Irish withholding tax on the Class A Loan (absent any future change of law and subject to the completion of certain formalities) and the Class A Lenders are required to provide any documentation required to demonstrate their status for the purposes of FATCA.

More Definitions of Class A Loan

Class A Loan means a Loan made by a Class A Lender to Company pursuant to Section 2.1.

Class A Loan and collectively the "Class A Loans") to the Borrower during the Term Loan Commitment Period in an aggregate principal amount not to exceed the amount of such Term Loan Lender's Class A Commitment, and each Class B Lender severally agrees to make a term loan (each a "Class B Loan" and collectively the "Class B Loans", and together with the Class A Loans, the "Term Loans") to the Borrower during the Term Loan Commitment Period in an aggregate principal amount not to exceed the amount of such Term Loan Lender's Class B Commitment. Each Class A Loan and Class B Loan shall be made as part of a Term Loan Borrowing consisting of Class A Loans and Class B Loans (ratably in accordance with the respective Class A Commitments and Class B Commitments) made by the Class A Lenders and the Class B Lenders ratably in accordance with their respective Pro Rata Shares. The Term Loans shall be available in not more than two Borrowings: one Borrowing in an amount not exceeding $130,000,000 for the purposes specified in Section 2.6(a); and another Borrowing in an amount not exceeding $32,000,000 for the purposes specified in Section 2.6(b).

Class A Loan has the meaning specified in Section 2.1(a) of the Loan Agreement.

Class A Loan means that portion of the Loan made with respect to the Class A Component.

Class A Loan. The collective reference to the term loans made by the Class A Lender to the Issuer pursuant to this Indenture and Credit Agreement on the Closing Date, together with any Additional Class A Loans made by the Class A Lender on any Additional Funding Date.

Class A Loan and a “Loan”), and (ii) in the case of the Class B Lenders, the Class B Advance Amount, respectively, to the Borrower secured by Pledged Assets. On the Borrowing Date, no Loan shall be made if (i) the Aggregate Advance Amount shall exceed the Maximum Advance Amount, (ii) any Program Termination Event or an event that but for notice or lapse of time or both would constitute a Program Termination Event shall have occurred and be continuing or (iii) the Facility Amount, after giving effect to such Borrowing, would exceed the Borrowing Limit.

Class A Loan means any one of the Class A Loans.