Initial Term A Facility definition

Initial Term A Facility means the Initial Term A Loan Commitments and the Initial Term A Loans made hereunder.
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Initial Term A Facility means the Initial Term A Loan Commitments and the Initial Term A Loans made hereunder. “Initial Term A Facility Maturity Date” means the fifth anniversary of the Closing Date.
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Initial Term A Facility means the Initial Term A Loan Commitments and the Initial Term A Loans made hereunder. “Initial Term A Facility Maturity Date” shall mean the fifth anniversary of the Closing Date.
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Examples of Initial Term A Facility in a sentence

  • All outstanding Initial Term A Loan Commitments shall (x) be reduced immediately and without further action upon each Borrowing of Initial Term A Loans on a dollar-for-dollar basis by the amount of such Borrowing and (y) automatically terminate at the earlier of 11:59 p.m. (New York City time) on the Initial Term A Facility Outside Date and the consummation of the Spinoff on the Spinoff Date, whether or not the full amount of available Initial Term A Loan Commitments have been funded.

  • Amounts outstanding under the Initial Term A Facility, Revolving Facility, Delayed-Draw Facility and Incremental Term A Loans bear interest at LIBOR plus 4.5% per annum.

  • As discussed earlier, the position of points 4 and 1 are dictated by the position of point 3.


More Definitions of Initial Term A Facility

Initial Term A Facility means the Initial Term A Loan Commitment and the Initial Term A Loans made hereunder.
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Initial Term A Facility has the meaning given to it in Clause 2.1.1 of the Issuer/Borrower Facility Agreement;
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Initial Term A Facility means the Initial Term A Loans of all Initial Term A Lenders at such time.
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Related to Initial Term A Facility

  • Initial Term Facility means the Initial Term Loan Commitments and the Initial Term Loans made hereunder.

  • Initial Term Commitment means, as to each Term Lender, its obligation to make an Initial Term Loan to the Borrower pursuant to Section 2.01(a) in an aggregate principal amount not to exceed the amount set forth opposite such Term Lender’s name in Schedule 1.01A under the caption “Initial Term Commitment.” The initial aggregate principal amount of the Initial Term Commitments as of the Closing Date was $2,670,000,000.

  • Initial Term Loan shall have the meaning provided in Section 2.1(a).

  • Initial Term Loans means the term loans made by the Lenders on the Closing Date to the Borrower pursuant to Section 2.01(a).

  • Initial Term Loan Commitment means the commitment of an Initial Term Lender under the Original Credit Agreement to make or otherwise fund an Initial Term Loan and “Initial Term Loan Commitments” means such commitments of all Initial Term Lenders in the aggregate. The aggregate amount of the Term Loan Commitments was $2,000,000,000 on the Closing Date before the funding of any Term Loans.

  • Initial Term Lender means any Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • Extended Term Loan shall have the meaning assigned to such term in Section 2.21(e).

  • Initial Term Loan Lender means a Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • Total Initial Term Loan Commitment means the sum of the Initial Term Loan Commitments of all Lenders.

  • Other Term Commitments means one or more Classes of term loan commitments hereunder that result from a Refinancing Amendment or a Loan Modification Agreement.

  • Extended Term Loans has the meaning specified in Section 2.15(a).

  • Incremental Term Commitments has the meaning set forth in Section 2.14(a).

  • Incremental Term Facility has the meaning assigned to such term in Section 2.22(a).

  • Incremental Term Commitment has the meaning specified in Section 2.14(a).

  • Tranche B Term Loan as defined in Section 2.1.

  • Total Term Loan Commitment means the sum of the amounts of the Lenders’ Term Loan Commitments.

  • New Term Loan shall have the meaning provided in Section 2.14(c).