Examples of Class A Term Loans in a sentence
Solely with respect to the Revolving Credit Facility and the Class A Term Loans, the Covenant Parties shall not permit the Total Leverage Ratio as of the last day of any Test Period to be greater than 5.50 to 1.0.
Class A Term Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.
Subject to the terms and conditions set forth herein, each Class A Term Lender severally agrees to make to Xxxxxxx, on the Fifth A&R Effective Date, loans denominated in Dollars in an aggregate amount not to exceed the amount of such Class A Term Lender’s Commitment in respect of Class A Term Loans.
Subject to the terms and conditions set forth herein, each Class A Term Lender severally agrees to make to Nielsen, on the Fourth A&R Effective Date, loans denominated in Dollars in an aggregate amount not to exceed the amount of such Class A Term Lender’s Commitment in respect of Class A Term Loans.
The Lenders also hereby consent to all Class A Term Loans and Class B Term Loans under the Amended Credit Agreement having the same Interest Period end date as the Term Loans under the Existing Credit Agreement that they are refinancing.
For the avoidance of doubt, it is agreed that the facility fee shall be payable on any outstanding Class A Term Loans.
Nielsen shall have delivered a Committed Loan Notice for the Additional Class A Term Loans pursuant to Section 2.02(a) of the Existing Credit Agreement.
Nielsen desires to amend the Existing Credit Agreement (such term and other terms used in these Preliminary Statements and not otherwise defined having the meaning set forth in Section 1 below) to incur new Class A Term Loans (the “Additional Class A Term Loans”) pursuant to Section 2.14 of the Amended Credit Agreement and to make certain other changes set forth herein.
Class A Term Loans and Class B Term Loans that are repaid or prepaid may not be reborrowed.
Cashless Settlement Option ☐ to convert 100% of the outstanding principal amount of the following Classes of Term Loans under the Existing Credit Agreement held by such Lender (or such lesser amount allocated to such Lender by JPMorgan Chase Bank, N.A.) into New Class A Term Loans or New Class B-2 Euro Term Loans, as applicable, under the Existing Credit Agreement in the same principal amount (check all applicable boxes to the right).