Examples of Initial Term A-2 Loans in a sentence
The Borrower has requested that the Lenders extend credit to the Borrower in the form of (a) Initial Term A1 Loans to the Borrower in an aggregate principal amount of $34,999,999, (b) Initial Term A2 Loans to the Borrower in an aggregate principal amount of $31,000,001 and (c) Initial Term A3 Loans to the Borrower in an aggregate principal amount of $28,000,000.
The Term A-2 Commitments shall terminate on the Closing Date immediately following the funding of the Initial Term A-2 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.
Amounts repaid in respect of Initial Term A-2 Loans may not be reborrowed.
On the Initial Term A-2 Maturity Date, all then unpaid Initial Term A-2 Loans shall be repaid in full in the currency in which they are then outstanding.
The Principal Outstanding under the Initial Term A-2 Loans shall be repaid in full on the Initial Term A-2 Maturity Date.
Each Loan Party hereby acknowledges its receipt of a copy of this Second Restatement Agreement and its review of the terms and conditions hereof and consents to the terms and conditions of this Second Restatement Agreement and the transactions contemplated hereby, including the extension of credit in the form of the Initial Term A-2 Loans, Delayed Draw Term A-2 Loan Commitments and Revolving Commitments.
P RELIMINARY STATEMENTS The Borrower has requested that the Lenders extend credit to the Borrower in the form of (a) Initial Term A1 Loans to the Borrower in an aggregate principal amount of $34,999,999, (b) Initial Term A2 Loans to the Borrower in an aggregate principal amount of $31,000,001 and (c) Initial Term A3 Loans to the Borrower in an aggregate principal amount of $28,000,000.