Term A-1 Loan Facility definition

Term A-1 Loan Facility means the term loan facility established pursuant to Section 2.1.
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Term A-1 Loan Facility means, at any time, (a) on or prior to the Amendment No. 1 Effective Date, the aggregate amount of the Term A-1 Loan Commitments at such time and (b) thereafter, the aggregate principal amount of the Term A-1 Loans of all Term A-1 Loan Lenders outstanding at such time. As of the Amendment No. 1 Effective Date, the Term A-1 Loan Facility was $50,000,000.
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Term A-1 Loan Facility means, at any time, the seven-year term loan facility established pursuant to the Term A-1 Loan Commitments (including any incremental term loan facility established with respect thereto pursuant to Section 2.17).
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Examples of Term A-1 Loan Facility in a sentence

  • The Cayman Borrower shall repay to the Term A-1 Loan Lenders an amount equal to $57,500,000 on the last Business Day of each March, June, September and December, beginning on the first such date to occur after the Closing Date, which amount for any such payment date shall be adjusted to reflect prepayments made pursuant to Section 2.05 and any increase in the principal amount of the Term A-1 Loan Facility pursuant to Section 2.14.

  • On July 25, 2016, the Company made $20 million in principal debt repayments on the Term A-1 Loan Facility.

  • Execution Version Published CUSIP Number: 00000XXX0 Revolving Loan Facility CUSIP Number: 00000XXX0 Term A-1 Loan Facility CUSIP Number: 00000XXX0 Term A-3 Loan Facility CUSIP Number: 00000XXX0 Term B Loan Facility CUSIP Number: 00000XXX0 SYNDICATED FACILITY AGREEMENT dated as of April 25, 2018, (as amended through Amendment No. 12 to Credit Agreement dated as of February 7, 2024) among KBR, INC., as a Borrower, THE SUBSIDIARIES OF KBR, INC.

  • The unaudited pro forma condensed combined balance sheet is presented as if the Combination and the incurrence of $800 million of indebtedness under Term A-1 Loan Facility had occurred on September 30, 2015; and the unaudited pro forma condensed combined statements of operations for the year ended December 31, 2014 and the nine-month period ended September 30, 2015 are presented as if the Combination and Financing had occurred on January 1, 2014.

  • In comparison, the popularity of these tools was less prevalent in the US and Germany.

  • The Company funded the acquisition through a combination of cash on hand, a portion of the net proceeds from the 3.5% Senior Notes (as defined below) issued in June 2016 and borrowings under the Australian Term A-1 Loan Facility and the Australian Term A-2 Loan Facility.

  • To fund transaction-related items, the cash portion of the Combination consideration and other one-time costs, New ARRIS incurred upon the closing of the Combination $800.0 million of additional debt under the Term A-1 Loan Facility with a maturity of five years and an annual interest rate of LIBOR plus 1.75 basis points on the principal amount of the debt.

  • As described in Note 1, in connection with entering into the Co-operation Agreement, ARRIS entered into a Credit Agreement with various lenders pursuant to which the lenders agreed to amend and extend Term Loan A Facility and the Revolving Credit Facility, as well as enter into a new Term A-1 Loan Facility to fund part of the cash portion of the Combination consideration and fees and expenses in connection with the transactions contemplated by the Co-operation Agreement.

  • An increase (decrease) of 0.125% in the interest rate of Term A-1 Loan Facility and the incremental Revolving Credit Facility would increase (decrease) annual pro forma interest expense by $0.1 million.

  • The introduction of consecutive sentencing for trafficking offences would increase the severity of punishment for those convicted, more in line with the gravity of the crimes committed, and it would help reassure victims that the process of testifying is worth the risk.


More Definitions of Term A-1 Loan Facility

Term A-1 Loan Facility at any time, the aggregate Outstanding Amount of all Term A-1 Loans of all Term A-1 Lenders at such time. The Term A-1 Loan Facility on the Closing Date is $425,000,000.
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Term A-1 Loan Facility means the term loan facility provided hereunder by the Xxxx X- 0 Lenders pursuant to the Term A-1 Loan Commitments. “Term A-1 Loans” means the Term A-1 Loan made pursuant to Section 2.01 on the Effective Date. “Term A-2 Lender” means, as of any date of determination, each Lender having a Term A-2 Loan Commitment or that holds Term A-2 Loans. “Term A-2 Loan Commitment” means (a) as to any Term A-2 Lender, the aggregate commitment of such Term A-2 Lender to make Term A-2 Loans as set forth on Schedule 2.01A or in the most recent Assignment Agreement or other documentation contemplated hereby executed by such Term A-2 Lender and (b) as to all Term A-2 Lenders, the aggregate commitments of all Term A-2 Lenders to make Term A-2 Loans, which aggregate commitments shall be $220,000,000 as of the Effective Date. After advancing the Term A-2 Loan, each reference to a Term A-2 Lender’s Term A-2 Loan Commitment shall refer to that Term A-2 Lender’s Applicable Percentage of the Term A-2 Loans. “Term A-2 Loan Facility” means the term loan facility provided hereunder by the Xxxx X- 0 Lenders pursuant to the Term A-2 Loan Commitments. “Term A-2 Loans” means the Term A-2 Loan made pursuant to Section 2.01 on the Effective Date. “Term Lender” means a Term A-1 Lender or a Term A-2 Lender or both, as the context requires. “Term Loan Commitment” means the Term A-1 Loan Commitment or the Term A-2 Loan Commitment or both, as the context requires. “Term Loans” means (i) the Term A-1 Loan, (ii) the Term A-2 Loan and (ii) the Incremental Term Loans made pursuant to Section 2.20 on the applicable Increase Effective Date. “TLA-2 Maturity Date” means December 20, 2025; provided, however, if such date is not a Business Day, the TLA-2 Maturity Date shall be the next preceding Business Day. “Total Leverage Ratio” has the meaning assigned to such term in Section 5.07(a). “Total Revolving Credit Exposure” means, at any time, the sum of the outstanding principal amount of all Revolving Lenders’ Revolving Loans, their LC Exposure and their Swingline Exposure at such time; provided, that clause (a) of the definition of “Swingline Exposure” shall only be applicable to the extent Revolving Lenders shall have funded their respective participations in the outstanding Swingline Loans. “Transactions” means the execution, delivery and performance by the Loan Parties of this Agreement and the other Loan Documents, the borrowing of Loans and other credit extensions, the use of the proceeds thereof an...
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Term A-1 Loan Facility at any time, the aggregate Outstanding Amount of all Term A-1 Loans of all Term A-1 Lenders at such time. The Term A-1 Loan Facility on the Third Amendment Effective Date, after giving effect to the prepayment in the amount of $200,000,000 made on such date, is $125,000,000.
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Related to Term A-1 Loan Facility

  • Term A-1 Loan means an advance made by any Term A-1 Lender under the Term A-1 Facility.

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • Term A Loan Commitment means, for each Lender, the commitment of such Lender to make its portion of the Term A Loan, in the principal amount with respect to each such Lender equal to the amount set forth opposite the name of such Lender under "Term A Loan Commitment" on Schedule 1.01(A).

  • Delayed Draw Term Loan Commitment means the commitment of a Lender to make or otherwise fund a Delayed Draw Term Loan and “Delayed Draw Term Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s Delayed Draw Term Loan Commitment, if any, is set forth on Schedule 2.01 or in the applicable Assignment and Assumption, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Delayed Draw Term Loan Commitments as of the Closing Date is $165,000,000.

  • Term A Loan is defined in Section 2.2(a)(i) hereof.

  • Term Loan B has the meaning set forth in Section 2.2(b).

  • Term Loan A has the meaning set forth in Section 2.2(a).

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Term Loan Commitments means the aggregate amount of such commitments of all Lenders.

  • Term B Loan Commitment means, as to any Lender, the obligation of such Lender to make its Term B Loan on the Closing Date in the principal amount not to exceed the amount set forth opposite such Lender’s name on Schedule 1 attached hereto and made a part hereof. The Borrower and the Lenders acknowledge and agree that the Term B Loan Commitments of the Lenders aggregate $50,000,000 on the Closing Date.

  • Term Loan as defined in Section 2.1.

  • Term Facility means, at any time, (a) on or prior to the Closing Date, the aggregate amount of the Term Commitments at such time and (b) thereafter, the aggregate principal amount of the Term Loans of all Term Lenders outstanding at such time.

  • Incremental Term Loan Facility has the meaning set forth in Section 2.16(a).

  • Term Loan B Commitment means, with respect to each Lender, its Term Loan B Commitment, and, with respect to all Lenders, their Term Loan B Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.