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.