Examples of Initial Term A Loan in a sentence
Subject to the terms and conditions set forth herein, each Initial Term A Lender severally agrees to make Initial Term A Loans to the Borrower on the Closing Date in an amount not to exceed such Term Lender’s Initial Term A Loan Commitment.
However, this structure has created a situation in which no one has clear responsibility for the planning function.
On (1) the Replacement Term A Closing Date, Schedule 1.01(a) (with respect to the Initial Term A Loan Commitments) to the Credit Agreement is amended and restated in its entirety by Schedule 1-A hereto, and (2) the Replacement Term B Closing Date, Schedule 1.01(a) (with respect to the Initial Term B Loan Commitments) to the Credit Agreement is amended and restated in its entirety by Schedule 1-B hereto.
The full amount of the Term A Loans pursuant to the Initial Term A Loan Commitments must be drawn in a single drawing on the Closing Date.
Each Term A Lender agrees, severally and not jointly, to make an Initial Term A Loan in Dollars to the Borrower on the Closing Date in an aggregate principal amount not to exceed its Initial Term A Loan Commitment.