Replacement Term A Loans definition

Replacement Term A Loans means the term loans made by the Replacement Term A Lenders on the Replacement Facilities Effective Date to the Company pursuant to Section 2.1(a).
Replacement Term A Loans and “Replacement Term B Loans” are each defined in Section 8.3.
Replacement Term A Loans or the “Replacement Term B Loans”, as applicable) or one or more new revolving commitments (the “Replacement Commitments”); provided, that (i) the aggregate principal amount of such Replacement Term A Loans and Replacement Term B Loans shall not exceed the aggregate principal amount of such Refinanced Term A Loans and Refinanced Term B Loans, respectively, (ii) the Applicable Margin for such Replacement Term A Loans and Replacement Term B Loans shall not be higher than the Applicable Margin for such Refinanced Term A Loans and Refinanced Term B Loans, respectively, (iii) the Weighted Average Life to Maturity of such Replacement Term A Loans and Replacement Term B Loans shall not be shorter than the Weighted Average Life to Maturity of such Refinanced Term A Loans and Refinanced Term B Loans, respectively, at the time of such refinancing, (iv) the aggregate amount of the Replacement Commitment shall not exceed the Refinanced Commitment, (v) the Applicable Margin for such Replacement Commitment shall not exceed the Applicable Margin for the Refinanced Commitment, (vi) the borrower of such Replacement Term A Loans, Replacement Term B Loans or Replacement Commitment shall be the Borrower and (vii) all other terms applicable to such Replacement Term A Loans, Replacement Term B Loans or Replacement Commitments shall be substantially identical to, or not materially more favorable to the Lenders providing such Replacement Term A Loans, Replacement Term B Loans or Replacement Commitments than, those applicable to such Refinanced Term A Loans, Refinanced Term B Loans or Refinanced Commitments, except to the extent necessary to provide for covenants and other terms applicable to any period after the latest final maturity of the Term A Loans or Term B Loans, as applicable, in effect immediately prior to such refinancing.

Examples of Replacement Term A Loans in a sentence

  • Replacement Term A Loans may be Floating Rate Loans or Eurocurrency Loans, as further provided herein.

  • Upon the effectiveness of this Agreement, all conditions and requirements set forth in the Credit Agreement or the other Loan Documents relating to the incurrence of the Replacement Term A Loans shall be deemed satisfied and the incurrence of the Replacement Term A Loans shall be deemed arranged and consummated in accordance with the terms of the Credit Agreement and the other Loan Documents.

  • On the Replacement Term A Closing Date, giving effect to the Replacement Term A Loans hereunder, (a) each Replacement Term A Lender shall become an “Initial Term A Lender” for all purposes of the Credit Agreement and the other Loan Documents and (b) each Replacement Term A Loan shall constitute a “Loan” and shall be deemed to be an “Initial Term A Loan” for all purposes of the Credit Agreement and the other Loan Documents.

  • The parties hereto hereby consent to the incurrence of the Replacement Term A Loans on the terms set forth herein.

  • No later than five Business Days after the termination of the Tender Period, the Company shall purchase all of the Series A Bonds tendered in response to the purchase offer, at the purchase price plus accrued and unpaid interest through the purchase date.

  • This Agreement shall constitute a “Refinancing Amendment” with respect to the Replacement Term A Loans and the Replacement Revolving Credit Commitments established hereunder, an “Incremental Facility Amendment” with respect to the Incremental Term A Facility and Incremental Revolving Facility established hereunder and a “Loan Document” for all purposes of the Credit Agreement and the other Loan Documents.

  • On the Amendment No. 2 Closing Date, after giving effect to the Replacement Term A Loans hereunder, (x) each Replacement Term A Lender shall be deemed to be an “Initial Term A Lender” for all purposes under the Credit Agreement and the other Loan Documents and (y) each Replacement Term A Loan shall constitute a “Loan” and shall be deemed to be an “Initial Term A Loan” for all purposes of the Credit Agreement and the other Loan Documents.

  • ING Capital LLC (“ING”) is acting as “left” lead arranger for the Replacement Term A Loans and Credit Suisse Loan Funding LLC (“CSLF”) is acting as “left” lead arranger for the Replacement Term B Loans.

  • Replacement Term A Loans borrowed under this Section 2 and subsequently repaid or prepaid may not be re-borrowed.

  • The Conduct to which Concern expects all of its suppliers to respect is as follows; Suppliers must adhere to International Labour Organisation (ILO) labour conventions, particularly international labour standards, social protection and work opportunities for all.Employment is freely chosen.The rights of staff to freedom of association and to collective bargaining are respected.Working conditions are safe and hygienic.No exploitation of children is tolerated.


More Definitions of Replacement Term A Loans

Replacement Term A Loans shall have the meaning assigned to such term in Section 9.08(e).

Related to Replacement Term A Loans