Examples of Term A-2 Lenders in a sentence
The commitments of the Term A-2 Lenders pursuant to Section 2.1 of this Amendment shall terminate immediately after the making of the Term A-2 Loans to the Borrower on the First Amendment Effective Date.
The Borrower shall pay to the Administrative Agent for the ratable benefit of the Term A-2 Lenders a commitment fee (the “ Commitment Fee”) equal to the actual daily unused amount of the Term A-2 Lenders’ respective Term A-2 Commitments for the period commencing on the Closing Date and ending on the Term A-2 Commitment Period Termination Date at a rate per annum equal to 0.50 percent (0.50%).
The commitments of the Increase Term A-2 Lenders and the conversion undertakings of the Extending Term A-2 Lenders are several, and no such Lender will be responsible for any other such Lender’s failure to make or acquire by conversion its New Term A-2 Loan.
Each Term A-2 Lender agrees (on a several basis with the other Term A-2 Lenders, up to the amount of such Lender’s Term A-2 Commitment), on the terms and conditions herein set forth, to make an Advance under Term A-2 Tranche of the Term A Facility on the Closing Date or on such other date as may be set forth in the applicable Extension/Incremental/Refinancing Amendment.
The Term A-2 Borrowing shall consist of Term A-2 Loans made simultaneously by the Term A-2 Lenders in accordance with their respective Applicable Percentage of the Term A-2 Facility.
The Term Loan A/Revolver Administrative Agent shall have received a Borrowing Request in a form reasonably acceptable to the Term Loan A/Revolver Administrative Agent requesting that the Replacement Term A-2 Lenders and the Replacement Term A-3 Lenders make the Replacement Term A-2 Loans and the Replacement Term A-3 Loans to the Borrowers on the Second Refinancing Amendment Effective Date.
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The Borrower shall repay to the Administrative Agent for the ratable account of the Term A-2 Lenders on the Term A-2 Loans Maturity Date, the aggregate principal amount of Term A-2 Loans that remains outstanding on such date, together with, in each case in this clause (a), all accrued and unpaid interest on the principal amount so paid to but excluding the date of such repayment.
The Borrowers shall, on the Fifth Amendment Effective Date, pay to the Term Loan A/Revolver Administrative Agent, for the accounts of the Persons that are Term A-2 Lenders immediately prior to the Fifth Amendment Effective Date, all interest, fees and other amounts accrued to the Fifth Amendment Effective Date with respect to the Term A-2 Loans that are being refinanced on the Fifth Amendment Effective Date (including any Term A-2 Loans that are converted pursuant to Section 1.02(a) of this Amendment).
On the Second Refinancing Amendment Effective Date, the Refinancing Term A-2 Lenders, the Replacement Term A-3 Lenders and the Revolving Lenders (without giving effect to the Additional Commitments) constitute the Required Lenders under the Credit Agreement.