Other Term A Loans definition

Other Term A Loans means term loans that (i) have annual scheduled amortization in excess of 1.00% of the original aggregate principal amount of such term loans, (ii) have a final maturity of five years or less, (iii) are, as reasonably determined by the Administrative Agents, primarily syndicated to commercial banks in the primary syndication thereof and (iv) have interest rates, amortization (subject to the foregoing clause (i)), maturity (subject to the foregoing clause (ii)) and/or other terms different from the Initial Term A Loans.
Other Term A Loans means Other Term Loans (a) which amortize at a rate per annum of not less than 5.00% in each period of four consecutive fiscal quarters commencing on or after the funding of such Other Term Loans and ending on or prior to the applicable Incremental Term Loan Maturity Date and (b) which have a weighted average life to maturity, when incurred, of five years or less.
Other Term A Loans has the meaning set forth in Section 2.20(a).

Examples of Other Term A Loans in a sentence

  • The proceeds of the 2017 Other Term A Loans shall be used to refinance in full the Existing Term A Loans.

  • Commitments or Loans that have different maturity dates, pricing (other than, except with respect to Additional Term A Loans, upfront fees or original issue discount), prepayment premiums or other terms shall be designated as separate Classes (for the avoidance of doubt, it is understood that there may be more than one Class of Other Term A Loans and more than one Class of Other Term B Loans.


More Definitions of Other Term A Loans

Other Term A Loans means, collectively, (a) Incremental Term A Loans (other than Incremental Term A Loans incurred as an increase to the Initial Term A Loans) and (b) Refinancing Term A Loans.
Other Term A Loans set forth in Section 1.01 of the Credit Agreement is hereby amended and restated in its entirety to read as follows:

Related to Other Term A Loans