Loan Facility A definition
Examples of Loan Facility A in a sentence
In connection with the establishment of any Incremental Loan Facility, (A) neither of the Lead Arrangers or the Administrative Agent hereunder shall have any obligation to arrange for or assist in arranging for any Incremental Loan Facility, (B) any Incremental Loan Facility shall be subject to such conditions, including fee arrangements, as may be provided in connection therewith and (C) none of the Lenders shall have any obligation to provide commitments or loans for any Incremental Loan Facility.
In connection with the establishment of any Incremental Loan Facility, (A) neither of the Lead Arrangers hereunder shall have any obligation to arrange for or assist in arranging for any Incremental Loan Facility, (B) any Incremental Loan Facility shall be subject to such conditions, including fee arrangements, as may be provided in connection therewith and (C) none of the Lenders shall have any obligation to provide commitments or loans for any Incremental Loan Facility.
Pinnacle Term Loan Facility: A $730,000,000 term loan facility to be provided by the Pinnacle Credit Agreement Lenders and available on the Acquisition Closing Date.
In connection with the establishment of any Incremental Loan Facility, (A) none of the Lead Arrangers hereunder shall have any obligation to arrange for or assist in arranging for any Incremental Loan Facility, (B) any Incremental Loan Facility shall be subject to such conditions, including fee arrangements, as may be provided in connection therewith and (C) none of the Lenders shall have any obligation to provide commitments or loans for any Incremental Loan Facility.
Pinnacle Term Loan Facility: A $1,935,000,000 term loan facility (the “Pinnacle Term Loan Facility”) to be provided by the Pinnacle Credit Agreement Lenders and available on the Acquisition Closing Date.
Notwithstanding the foregoing, Borrower will not be required to provide Lender a Borrowing Base Report for any December Reporting Period if there is no outstanding balance on Loan Facility A on the Report Date of that December Reporting Period.
In connection with the establishment of any Incremental Loan Facility, (A) none of the Lead Arrangers or the Administrative Agent shall have any obligation to arrange for or assist in arranging any Incremental Loan Facility, (B) any Incremental Loan Facility shall be subject to such conditions, including fee arrangements, as may be provided in connection therewith and (C) none of the Lenders shall have any obligation to provide commitments or loans for any Incremental Loan Facility.
Prepayment of Loans and reductions of Term Loan Facility A Commitment and Term Loan Facility B Commitment shall be effected in each case in the manner and to the extent specified in paragraph (e) of this Section 2.20.
Each such notice shall be irrevocable and shall specify the prepayment date and the principal amount of Term Loan Facility A or portion thereof, or Term Loan Facility B or portion thereof, as the case may be, to be prepaid.
Notwithstanding the foregoing, Borrower shall not be required to make the mandatory prepayment relating to Excess Cash Flow as contemplated by this paragraph (c) after the payment of fifty percent (50%) or more of the total original outstanding principal balance of Term Loan Facility A and Term Loan Facility B.