Examples of Series A Incremental Term Loans in a sentence
Except as set forth in this Agreement, the Series A Incremental Term Loans shall otherwise be subject to the provisions of the Credit Agreement and the other Loan Documents.
Upon execution and delivery hereof, the Administrative Agent will record the Series A Incremental Term Loans made by the Funding Incremental Term Loan Lender in the Register.
For purposes of Section 10.06(b) of the Credit Agreement, the Borrower hereby consents to any assignee of the Funding Incremental Term Loan Lender or any of its Affiliates becoming a Series A Incremental Term Loan Lender in connection with the initial syndication of the Series A Incremental Term Loans to the extent the inclusion of such assignee in the syndicate had been disclosed to and agreed to by the Borrower prior to the Increased Amount Date.
Notwithstanding anything herein or in the Credit Agreement to the contrary, at no time will the Eurodollar Rate in respect of the Series A Incremental Term Loans be deemed to be less than 0.00% per annum.
The Incremental Term Loan Commitments of the Funding Incremental Term Loan Lender shall terminate in its entirety on the Joinder Agreement No. 1 Effective Date (after giving effect to the incurrence of the Series A Incremental Term Loans).
After giving effect to the making of the Series A Incremental Term Loans as of the date hereof, the Borrower is in compliance on a pro forma basis with the provisions of Section 7.1 (determined as of the last day of the most recent fiscal quarter for which financial statements are required to be delivered under Section 6.1(a) or Section 6.1(b) as if such Incremental Loans had been funded and the application of such proceeds had occurred on such last day).
The Borrower shall substantially contemporaneously with the incurrence of the Series A Incremental Term Loans have issued Permitted Refinancing Subordinated Obligations, New Subordinated Obligations or Permitted Senior Unsecured Obligations on terms and in amounts to be agreed.
Notwithstanding anything herein or in the Credit Agreement to the contrary, at no time will the Eurodollar Rate in respect of the Series A Incremental Term Loans be deemed to be less than 0.75% per annum.
Upon the prepayment or repayment of any or all of the Series A Incremental Term Loans, the Borrower shall pay in cash to the Lenders of the Series A Incremental Term Loans all accrued and unpaid interest on the Series A Incremental Term Loans so repaid or repaid to such date.
Unless previously terminated, the Series A Incremental Term Loan Commitments shall terminate after the Borrowing of the Series A Incremental Term Loans on the Series A Incremental Term Loan Effective Date.