New Term A Loans definition

New Term A Loans means New Term Loans that are designated in the applicable supplement pursuant to Section 2.19 as “New Term A Loans,” which designation shall only be permitted to the extent the Agent (acting reasonably) determines in consultation with the U.S. Borrower that such New Term Loans are being syndicated primarily to Persons regulated as banks in the primary syndication thereof.
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New Term A Loans means the advances made by the Term A Lenders under the Term A Facility pursuant to the Third Amendment.
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New Term A Loans means New Term Loans that are designated in the applicable supplement pursuant to Section 2.19 as “New Term A Loans,” which designation shall only be permitted to the extent the Agent (acting reasonably) determines in consultation with the U.S. Borrower that such New Term Loans are being syndicated primarily to Persons regulated as banks in the primary syndication thereof (it being understood that the New Term Loans established pursuant to Incremental Amendment No. 1 and Incremental Amendment No. 3 are hereby designated as “New Term A Loans”). “New Term Commitments” has the meaning assigned thereto in Section 2.19(a). “New Term Loan” has the meaning assigned thereto in Section 2.19(c). “New Term Loan Lender” has the meaning assigned thereto in Section 2.19(c). “Non-Consenting Lender” has the meaning assigned to such term in Section 9.02(e). “Non-Funding Lender” has the meaning provided in Section 2.02(e). “Non-Paying Guarantor” has the meaning assigned to such term in Section 10.10. “Non-U.S. Lender” means a Lender that is not a “United States person” within the meaning of Section 7701(a)(30) of the Code. “NYFRB” means the Federal Reserve Bank of New York. “NYFRB Rate” means, for any day, the greater of (a) the Federal Funds Effective Rate in effect on such day and (b) the Overnight Bank Funding Rate in effect on such day (or for any day that is not a Business Day, for the immediately preceding Business Day); provided that if none of such rates is published for any day that is a Business Day, the term “NYFRB Rate” means the rate for a federal funds transaction quoted at 11:00 a.m. on such day received by the Agent from a Federal funds broker of
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Examples of New Term A Loans in a sentence

  • The Parent Borrower shall have paid to the Administrative Agent, for the account of each Required Covenant Lender that submits its consent hereto to the Administrative Agent prior to 5:00 p.m. New York City time on April 24, 2020, a consent fee in an amount equal to 0.125% of the aggregate principal amount of Revolving Loan Commitments, Revolving Credit Loans and New Term A Loans held by such consenting Lender immediately prior to the effectiveness of this Amendment.

  • The New Term A Loans shall be denominated in Dollars and shall be made in a single drawing on the Effective Date.

  • Each Loan Party hereby acknowledges its receipt of a copy of this Amendment and its review of the terms and conditions hereof and hereby confirms and consents to the terms and conditions of this Amendment and the transactions contemplated thereby, including the extension of New RC Commitments, New RC Loans and New Term A Loans.

  • The Borrower, the Administrative Agent and the New Term A Lenders hereby agree that the Credit Agreement will be amended to provide for the New Term A Loans as set forth in this Joinder and Amendment Agreement upon the satisfaction (or waiver by the New Term A Lenders) of the Effective Date Conditions.

  • All New Term A Loans funded shall (i) constitute Obligations and have all of the benefits thereof; (ii) have terms, rights, remedies, privileges and protections set forth in the Amended Credit Agreement and each of the other Credit Documents; and (iii) be secured by the Liens granted (I) to the Collateral Agent for the benefit of the Secured Parties under the Security Documents and/or (II) to the Secured Parties in their capacity as such (or to any of them).

  • For the avoidance of doubt, any prepayments under the Credit Agreement shall be made ratably between the 2020 New Term A Loans and the existing 2020 Term A Loans based on the outstanding principal amounts thereof and for purposes of Class voting the 2020 New Term A Loans and existing 2020 Term A Loans shall be deemed to vote as if they were one Class.

  • For the avoidance of doubt, solely for purposes of FATCA, none of the 2020 New Term A Loans and none of the 2020 Term A Loans outstanding under the Credit Agreement immediately prior to the 2017 November Second Joinder Effective Date qualify as “grandfathered obligations” within the meaning of Treasury Regulation Section 1.1471-2(b)(2)(i).

  • The commitments of the Increased Revolving Credit Lenders and the Additional Revolving Credit Lenders and the refinancing undertakings of the Exchanging Revolving Credit Lenders are several and no such New Revolving Credit Lender will be responsible for any other New Revolving Credit Lender’s failure to make or acquire by refinancing New Revolving Credit Commitments or New Revolving Credit Loans or for any New Term A Lender’s failure to make or acquire by refinancing New Term A Loans.

  • On the Restatement Date, Holdings shall apply a portion of the aggregate proceeds of the New Term A Loans to prepay in full the principal amount of all Existing Term Loans and to pay accrued and unpaid interest, fees and expenses in connection therewith.

  • The 2020 New Term A Loans shall be denominated in Dollars and made in a single drawing on the 2017 November Second Joinder Effective Date.


More Definitions of New Term A Loans

New Term A Loans means New Term Loans that are designated in the applicable supplement pursuant to Section 2.19 as “New Term A Loans,” which designa- tion shall only be permitted to the extent the Agent (acting reasonably) determines in con- sultation with the U.S. Borrower that such New Term Loans are being syndicated primar- ily to Persons regulated as banks in the primary syndication thereof (it being understood that the New Term Loans established pursuant to Incremental Amendment No. 1 and In- cremental Amendment No. 3 are hereby designated as “New Term A Loans”).
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New Term A Loans as defined in and made in accordance with the Second Amendment.
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New Term A Loans means New Term Loans that are designated in the applicable supplement pursuant to Section 2.19 as “New Term A Loans,” which designation shall only be permitted to the extent the Agent (acting reasonably) determines in consultation with the U.S. Borrower that such New Term Loans are being syndicated primarily to Persons regulated as banks in the primary syndication thereof (it being understood that the New Term
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New Term A Loans means the advances made by the Term A Lenders under the Term A Facility pursuant to the Third Amendment. “New Term B Loans” means the advances made by the Term B Lenders under the Term B Facility pursuant to the Second Amendment. “NFIP” has the meaning provided in the definition of Real Estate Collateral Requirements.
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Related to New Term A Loans

  • New Term Loans as defined in Section 2.24.

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

  • Term A Loans has the meaning specified in Section 2.01(b).

  • Tranche B Term Loans means Loans made or deemed made by the Tranche B Term Lenders pursuant to Section 2.01(b) or pursuant to Section 1 of the First Amendment to 2009 Credit Agreement.

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

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

  • Delayed Draw Term Loans has the meaning as set forth in Section 2.5(a).

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

  • Tranche A Term Loans means Loans made by the Tranche A Term Lenders pursuant to Section 2.01(a).

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

  • Tranche C Term Loan as defined in Section 2.1.

  • Tranche B Term Loan as defined in Section 2.1.

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

  • Delayed Draw Term Loan has the meaning specified in Section 2.01(b).

  • Delayed Draw Term Loan Commitment means the commitment of a Lender to make or otherwise fund a Delayed Draw Term Loan and “Delayed Draw Term Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s Delayed Draw Term Loan Commitment, if any, is set forth on Schedule 2.01 or in the applicable Assignment and Assumption, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Delayed Draw Term Loan Commitments as of the Closing Date is $165,000,000.

  • New Term Loan Facility means the facility providing for the Borrowing of New Term Loans.

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

  • Term A Loan is defined in Section 2.2(a)(i) hereof.

  • Tranche B Term Loan Commitments means such commitments of all Lenders in the aggregate. The amount of each Lender’s Tranche B Term Loan Commitment, if any, is set forth on Appendix A-2 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Tranche B Term Loan Commitments as of the Third Restatement Date is $600,000,000.

  • Tranche C Term Loan Commitment means the commitment of a Lender to make a Tranche C Term Loan to Company pursuant to subsection 2.1A(iii), and "Tranche C Term Loan Commitments" means such commitments of all Lenders in the aggregate.

  • New Term Lender a Lender that has a New Term Loan.

  • Tranche B Term Loan Commitment means, with respect to each Lender, the commitment, if any, of such Lender to make a Tranche B Term Loan to the Borrower hereunder in a principal amount equal to the amount set forth on Schedule 1.01(b) (or in the case of any Continuing Tranche B Term Loan Lender, the amount of its Existing Tranche B Term Loan continued as a Tranche B Term Loans (as specified in its Term Loan Lender Addendum) pursuant to Section 2.01(b)(i).

  • Term B Loans means the term loans made by the Lenders to the Borrower pursuant to Section 2.01(a) and any Incremental Term Loans in the form of Term B Loans made by the Incremental Term Lenders to the Borrower pursuant to Section 2.01(c).

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

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

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