Examples of Facility A Term Loans in a sentence
If the option set out in Clause 8.2 (Second Term Out Option) is exercised, the Company shall pay to the Agent (for the account of each relevant Lender under the Facility A Term Loan(s) pro rata to its share therein) a second term out option fee in an amount equal to 0.05 per cent.
Subject to the terms and conditions of this Agreement (including, without limitation, paragraph (e) below), the Company may Convert Facility A Term Loans of one Type into Facility A Term Loans of another Type (as provided in Section 2.08 hereof) or Continue Eurodollar Loans from one Interest Period to the next Interest Period (as provided in Section 2.08 hereof).
Facility A Term Loans borrowed and repaid prior to the Facility A Term Loan Commitment Termination Date may not be reborrowed.
Each such prepayment of Term Loans shall be applied to the Facility A Term Loans, the Facility B Term Loans and the Incremental Facility Loans of each Series ratably in accordance with the respective aggregate outstanding principal amounts thereof, and to the installments of principal thereof ratably in accordance with the respective amounts of such installments.
Anything herein to the contrary notwithstanding, no Facility A Term Loans shall be made hereunder unless prior thereto (or concurrently therewith) Facility B Term Loans in an aggregate amount equal to the full original amount of the Facility B Term Loan Commitments shall have been made under Section 2.01(c) hereof.
Borrower shall repay all Revolving Credit Loans before it repays any Facility A Term Loans pursuant to the first sentence.
All Liens and Guaranties and other security granted by the Loan Parties shall secure such Revolving Credit Loans, Facility A Term Loans and Facility B Loans on a pari passu basis.
Amounts applied to the Facility A Term Loans, the Facility B Term Loans and, unless otherwise agreed by the Incremental Facility Lenders, the Incremental Facility Loans shall be applied to the remaining payments under Section 2.7(a), Section 2.7(b) and as set forth in any Notice of Incremental Facility Commitment, respectively, on a pro rata basis.
If, within five Business Days' after receipt by the Facility B Term Lenders of such notice, the Agent shall have received written notice from the Required Facility B Term Lenders that such Lenders decline to receive their share of such prepayment, then, notwithstanding any provision herein to the contrary, amounts which would have otherwise been applied to the Facility B Term Loans under this Section 2.18 shall instead be applied to the Facility A Term Loans.
Partial prepayments of Facility A Term Loans made on a day other than a day specified in Section 2.4(iv) or any payment made on such day in excess of the Facility A Reduction Installment specified therein shall be applied pro rata to each Facility A Reduction Installment remaining as of the date of such prepayment or payment.