Examples of Series A-2 Tranche A Term Loans in a sentence
The undersigned Series A-2 Tranche A Term Loan Lender hereby irrevocably and unconditionally consents as follows: ¨ to exchange 100% OR $______________ of the outstanding principal amount of the Series A-2 Tranche A Term Loans held by such Lender (or such lesser amount allocated to such lender by GSLP) into Series A-3 Tranche A Term Loans in a like principal amount on a dollar for dollar basis.
The Acquisition shall have been consummated or shall be consummated substantially simultaneously with the initial borrowing of the Series A-2 Tranche A Term Loans.
In accordance with Section 2.25 of the Credit Agreement, Borrower has previously delivered to Administrative Agent an executed Funding Notice for Series A-2 Tranche A Term Loans, requesting a proposed borrowing in the principal amount of $850,000,000 (the “Proposed Borrowing”) on the date hereof (the “Series A-2 Tranche A Term Loan Funding Date”).
Upon execution and delivery hereof, Administrative Agent will record the Series A-2 Tranche A Term Loans made by New Term Loan Lenders pursuant hereto in the Register.
The undersigned Series A-2 Tranche A Term Loan Lender hereby irrevocably and unconditionally consents as follows: ¨ to exchange 100% OR $ of the outstanding principal amount of the Series A-2 Tranche A Term Loans held by such Lender (or such lesser amount allocated to such lender by GSLP) into Series A-3 Tranche A Term Loans in a like principal amount on a dollar for dollar basis.
The proceeds of the Series A-2 Tranche A Term Loans on the Series A-2 Tranche A Term Loans Funding Date shall be used to finance a portion of the Bausch & Lomb Transactions; provided that any excess proceeds of the Series A-2 Tranche A Term Loans remaining after the financing of the Bausch & Lomb Transactions may be used for general corporate purpose of the Borrower.
Scheduled installments of principal of the Series A-2 Tranche A Term Loans set forth above shall be reduced in connection with any voluntary or mandatory prepayments of the Series A-2 Tranche A Term Loans in accordance with Sections 2.12, 2.13, 2.14 and 2.15 of the Credit Agreement respectively.
Borrower agrees to pay on the date hereof to Administrative Agent, for the account of each New Term Loan Lender party to this Agreement, as fee compensation for the funding of such New Term Loan Lender’s Series A-2 Tranche A Term Loans, a closing fee in an amount equal to 1.50% of the aggregate principal amount of such New Term Loan Lender’s Series A-2 Tranche A Term Loans funded as of the date hereof.
Promptly upon receipt thereof, Administrative Agent shall make the proceeds of the Series A-2 Tranche A Term Loans available to Borrower on the date hereof by causing an amount of same day funds in Dollars equal to the proceeds of all such loans received by Administrative Agent from New Term Loan Lenders to be credited to the account of Borrower, at the Principal Office designated by Administrative Agent or to such other account as may be designated in writing to Administrative Agent by Borrower.
Each Series A-1 Tranche A Term Loan Lender and Series A-2 Tranche A Term Loan Lender that executes a Lender Consent and Election hereby exchanges and/or converts, upon effectiveness of this Amendment No. 8, all or a portion of its Existing Series A-1 Tranche A Term Loans and/or Existing Series A-2 Tranche A Term Loans for or into, as the case may be, Series A-3 Tranche A Term Loans.