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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

  • All computations of interest of the Class A Loan shall be made by the Calculation Agent in accordance with the provisions of this Indenture.

  • With respect to the Class A Lender, the transfer of the rights to the principal of, and interest on, the Class A Loan made by the Class A Lender shall not be effective until such transfer is recorded on the Class A Loan Register maintained by the Loan Agent with respect to ownership of the Class A Loan as provided in this Section 16.22 and prior to such recordation all amounts owing to the transferor with respect to the Class A Loan shall remain owing to the transferor.

  • In the event the Class A Loan is no longer outstanding, the Issuer may take such action with respect to any Major Modification.

  • Any partial prepayment of Class A Loans shall be applied to prepay installments of Required Class A Loan Repayment Amounts in the reverse order of maturity.

  • Notwithstanding anything in the Indenture and Credit Agreement to the contrary, so long as the Class A Loan is Outstanding, in no event shall the Class B Notes be (i) paid other than in accordance with the Priority of Payments or (ii) be repaid, redeemed or retired, except as in accordance with this Indenture and Credit Agreement after the Class A Loan has been repaid in full.


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 an Advance funded by a Class A Lender hereunder.