Incremental Tranche A Term Loan definition

Incremental Tranche A Term Loan means any Incremental Term Loan that would be considered a “Term A” loan under then-existing customary market convention.

Incremental Tranche A Term Loan means a term loan made by a Lender to the Borrower under an Incremental Tranche A Term Facility.

Incremental Tranche A Term Loan means a Loan made pursuant to Section 2.01(b)(i).

Examples of Incremental Tranche A Term Loan in a sentence

• Borrower hereby certifies to the Administrative Agent and the Lenders that the obligations of the Borrower set forth in the Credit Agreement, as modified by this Amendment, other than the Incremental Tranche A Term Loan, the Tranche B-1 Term Loan and Tranche B-2 Term Loan, qualify as a “grandfathered obligation” within the meaning of Treasury Regulation Section 1.1471-2(b)(2)(i).

• No amount of the Tranche A Term Loan repaid or prepaid by the US Borrower may be reborrowed hereunder, and no Borrowing under the Tranche A Term Loan Facility shall be allowed other than the advance set forth in the first sentence of this Section 2.01(a) and any Incremental Tranche A Term Loan advanced as part of any Facilities Increase.

• Voluntary prepayments of $150,000,000 have been made on the Tranche A Term Loan and scheduled quarterly principal amortization on the Tranche A Term Loan before giving effect to the Incremental Tranche A Term Loan, as revised to give effect to voluntary prepayments, is $29,430,379.75.

• The obligation of each Incremental Tranche A Term Lender to make an Incremental Tranche A Term Loan shall be several and not joint.

• Any Incremental Tranche A Term Loan shall have terms identical to the Tranche A Term Loan existing on the Closing Date, except for fees payable to Lenders providing commitments for the Incremental Tranche A Term Loan.

More Definitions of Incremental Tranche A Term Loan

Incremental Tranche A Term Loan has the meaning specified in Section 2.14.

Incremental Tranche A Term Loan any Incremental Term Loan, the maturity date of which is identical to the Final Revolving Termination Date as determined on the date such Incremental Term Loan was made.

Incremental Tranche A Term Loan has the meaning provided in the Second Incremental Facility Amendment to this Agreement.

Incremental Tranche A Term Loan has the meaning set forth in Section 2.01(c) (Facilities Increase).

Incremental Tranche A Term Loan increasing the Tranche B Term Loan as provided in Section 2.01(i) (the “Incremental Tranche B Term Loan”) or establishment of a new term loan (the “Tranche C Term Loan”) or other incremental term loan as provided in Section 2.01(j), or some combination thereof; provided that:

Incremental Tranche A Term Loan in excess of the Tranche A Term Loans outstanding on the Closing Date, (B) an increase in the aggregate principal amount of the Tranche B Term Loan Facility to be effectuated by the disbursement of one or more additional Tranche B Term Loans (each, an “Incremental Tranche B Term Loan” and, together with each Incremental Tranche A Term Loan, each a “Incremental Term Loan”) in excess of the Tranche B Term Loans outstanding on the Closing Date, (C) an increase in the aggregate principal amount of the Dollar Revolving Credit Commitments (each such increase, a “Dollar Revolving Commitment Increase”) or (D) an increase in the aggregate principal amount of the Multicurrency Revolving Credit Commitments (each such increase, a “Multicurrency Revolving Commitment Increase” and, together with each Dollar Revolving Commitment Increase, each a “Revolving Commitment Increase”) (each Revolving Commitment Increase, together with each Incremental Term Loan, each a “Facilities Increase”), in a principal amount not to exceed (x) $150,000,000 in the aggregate for all such requests for Revolving Commitment Increases made after the Closing Date (and subject to the limitation on the Luxembourg Borrower’s (but not the US Borrower’s) ability to incur Multicurrency Revolving Loans pursuant to such increased Multicurrency Revolving Credit Commitment as described below) and (y) without expanding the limitation in clause (x) above, (i) $500,000,000 plus (ii) such additional amount that would not, after giving effect to the incurrence of such Incremental Facility on a pro forma basis (assuming for such purposes that the entire amount of any such Revolving Commitment Increase is fully funded) cause the Senior Secured Leverage Ratio as at the time of incurrence of such Incremental Facility to equal or exceed 2.00:1.00; provided, that no Facilities Increase shall be effective earlier than ten (10) days after the delivery of the Facilities Increase Notice to the Administrative Agent in respect of such Facilities Increase. Nothing in this Agreement shall be construed to obligate any Lender to negotiate for (whether or not in good faith), solicit, provide or consent to any increase in the Term Loan Commitments or the Revolving Credit Commitments, as applicable, and any such increase may be subject to changes in any term of this Agreement reasonably acceptable to the Administrative Agent and the Borrower Representative, except as otherwise provided in this Section 2.01(c) but notwithstanding ...

Incremental Tranche A Term Loan. Commitments”) to make Incremental Term Loans (the “Incremental Tranche A Term Loans”) to the U.S. Borrower in an aggregate principal amount of $300,000,000, (ii) the persons set forth on Schedule II hereto (together with their permitted successors and assigns, the “Incremental Domestic Revolving Credit Lenders”) provide Incremental Revolving Credit Commitments under the Credit Agreement (the “Incremental Domestic Revolving Credit Commitments”) to the U.S. Borrower in an aggregate principal amount equal to $2,300,000,000, (iii) the persons set forth on Schedule III hereto (together with their permitted successors and assigns, the “Incremental Multicurrency Revolving Credit Lenders”) provide Incremental Revolving Credit Commitments under the Credit Agreement (the “Incremental Multicurrency Revolving Credit Commitments”) to the U.S. Borrower, the Canadian Borrower, the New Zealand Borrower and the Australian Borrower in an aggregate principal amount equal to $200,000,000, (iv) the persons set forth on Schedule IV hereto (together with their permitted successors and assigns, the “Incremental U.K. Revolving Credit Lenders” and, together with the Incremental