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.

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.

Examples of New Term A Loans in a sentence

• Solely for purposes of FATCA, the Administrative Agent shall treat (and the Lenders hereby authorize the Administrative Agent to treat) the New Term A Loans as not qualifying as “grandfathered obligations” within the meaning of Treasury Regulation Section 1.1471-2(b)(2)(i).

• Except as set forth in this Agreement, the 2020 New Term A Loans shall have the same terms, rights and benefits as other Term Loans as set forth in the Credit Agreement, shall rank pari passu in right of payment and security with such other Term Loans, and shall be deemed to be Term Loans for purposes of the Credit Agreement.

• No New Term A Loan Lender shall be responsible for any other New Term A Loan Lender’s failure to make New Term A Loans.

• For purposes of reference and convenience only, attached as Exhibit B hereto is an unofficial conformed copy of the Credit Agreement (with stricken text indicated textually in the same manner as the following example: stricken text and added text indicated textually in the same manner as the following example: double-underlined text) which contains the changes to the Credit Agreement resulting from the effectiveness of the 2020 New Term A Loans.

• The New Term A Commitments of the New Term A Lenders will be automatically and permanently reduced to $0 upon the funding of the New Term A Loans on the Second Amendment Effective Date.

• 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.

• Other than as set forth herein, for all purposes under the Credit Agreement and the other Credit Documents, the 2020 New Term A Loans shall have terms that are identical to the existing Term Loans outstanding under the Credit Agreement immediately prior to the 2017 November Second Joinder Effective Date (the “Existing Term Loans”), including for purposes of assignments and voluntary and mandatory prepayments.

• After giving effect to this Agreement, the 2020 New Term A Loans and the existing 2020 Term A Loans shall have identical terms and constitute one Class of Term Loans.

• Upon the funding of the New Term A Loans on the Effective Date, the New Term A Loan Commitment of each New Term A Lender shall be $0.

• Amounts paid or prepaid in respect of the New Term A Loans may not be reborrowed.

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”).

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

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

New Term A Loans as defined in and made in accordance with the Second Amendment.