Examples of Class A Loans in a sentence
Other than with respect to the payment priorities of the Class A Loans and the Class B Loans set forth herein, none of the Obligations are subordinated in any way to any other obligations of Borrower, any other Credit Party or to the rights of any other Person.
The Notice of Borrowing shall specify (A) the aggregate amount of the Borrowing, (B) the date of the Borrowing, (C) the allocation of the Loans as Class A Loans and Class B Loans and (D) in an electronic file acceptable to the Lenders, the Eligible Receivables to be Pledged in connection with the Borrowing (and upon the Borrowing, such Receivables shall be Pledged Receivables hereunder).
Payments of the Unused Commitment Fee shall be allocated and paid to Owners based upon their respective Invested Percentages of the Loans Outstanding that are Class A Loans or Class B Loans, as applicable, for the applicable Interest Period.
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.
Pursuant to Section 2.15(a)(i) of the Credit Agreement, the Borrower gives notice of its intent to effect a Securitization on or about , 201 (which date is no fewer than 30 days after the date of delivery of this notice to the Administrative Agent) and on such date, the Borrower elects (i) to prepay the aggregate Principal Amount of the Class A Loans [in whole]/[in an amount equal to $[ ]] and (ii) to prepay the aggregate Principal Amount of the Class B Loans [in whole]/[in an amount equal to $[ ]].