Examples of Initial Term Loan A in a sentence
When repaid, the repaid portion of the Initial Term Loan A may not be re-borrowed.
Their input and recommendations as to the format and content of the application form will be sought but beyond that it should be for council and its advisers to draft and finalise the application form.
Both immediately before and after giving effect to the receipt of Initial Term Loan A proceeds, there has not been a Material Adverse Effect since December 31, 2017.
As of the Amendment No. 3 Effective Date, the aggregate outstanding principal balance of the Initial Term Loan A is $171,700,000217,400,000.
Subject to the terms and conditions of this Agreement, Lender agrees to make an initial term loan A to Borrowers, in the aggregate principal amount of $4,000,000 on the Closing Date (the “ Initial Term Loan A ”).
Subject to the terms and conditions of this Agreement, on the Fifth Amendment Effective Date, each Lender with a Supplemental Term Loan A Commitment agrees (severally, not jointly or jointly and severally) to make a term loan (collectively, the “Supplemental Term Loan A” and together with the Initial Term Loan A, the “Term Loan A”) to Borrowers in an amount equal to such Lender’s Pro Rata Share of $6,075,000.
Each of the Initial Term Loan A and the Supplemental Term Loan A shall be considered part of the Term Loan A for all purposes of the Loan Agreement and all Loan Documents and any reference to the “Term Loan A” in the Loan Agreement or in any other Loan Document shall be deemed to include both the Initial Term Loan A and the Supplemental Term Loan A made by such Lenders to Borrowers.
Upon the funding of the Initial Term A Loans on the Escrow Date, the Initial Term Loan A Commitments shall terminate.
Other instruments are accounted for at amortized cost, with related gains and losses reported in net income.
The Initial Term Loan A has subsequently been repaid.The obligations under the Senior Secured Term Loans are guaranteed by INOVYN Limited and certain of its subsidiaries on a senior secured basis.