Examples of Incremental Term A-1 Loans in a sentence
As provided in Section 2.5(a) and subject to the terms hereof, the Borrower may elect that the Incremental Term A-1 Loans comprising the Borrowing hereunder of Incremental Term A-1 Loans be either Base Rate Loans or Eurodollar Loans.
The Incremental Term A-1 Loans shall be considered an increase to (and part of) the Term A-1 Loans.
The proceeds of the Initial Term A-2 Loans will be used to repay all Incremental Term A-1 Loans, to repay any Revolving Loans outstanding immediately prior to the Second Restatement Effective Date and to pay any accrued and unpaid interest, costs and expenses incurred in connection with such repayment.
Borrower shall use the proceeds of the Incremental Term A-1 Loans to repay outstanding Revolving Loans and to pay fees and expenses in connection with the transactions contemplated by this Amendment.
Notwithstanding the foregoing, by their execution hereof, each of the Administrative Agent and the Lenders hereby agree that (i) subject to compliance with Section 6 of this Amendment, such failure to be in good standing shall not constitute a violation of the representations, warranties or covenants under the Credit Agreement and (ii) the Borrower may still borrow under the Credit Agreement (including, without limitation, the Incremental Term A-1 Loans).
Incremental Term Loan Commitment Agreement Each US Guarantor acknowledges and agrees to each the foregoing provisions of this Incremental Term Loan Commitment Agreement and to the incurrence of the Incremental Term A-1 Loans to be made pursuant thereto.
Each Loan Party hereby acknowledges its receipt of a copy of this Restatement Agreement and its review of the terms and conditions hereof and consents to the terms and conditions of this Restatement Agreement and the transactions contemplated hereby, including the extension of credit in the form of the Incremental Term A-1 Loans and Incremental Term B-1 Loans.
The Incremental Term A-1 Loans shall be part of the Class as, and increase the amount of, the Term A-1 Loans.
The proceeds of the Incremental Term A-1 Loans and Incremental Term B-1 Loans made on the Restatement Effective Date will be used (i) to finance the RBI Transactions and (ii) to repay all Initial Term A Loans outstanding immediately prior to the Restatement Effective Date and to pay any accrued and unpaid interest, costs and expenses incurred in connection with such repayment.