Term A-3 Loans definition

Term A-3 Loans means the Term A-3 Acquisition Loans and the Term A-3 Refinancing Loans.
Term A-3 Loans means the Loans made pursuant to clause (e) of Section 2.01.
Term A-3 Loans means the term loan made, or to be made, pursuant to Section 2.1(d) and “Term A-3 Loan” means any of such Term A-3 Loans. 52450492_8

Examples of Term A-3 Loans in a sentence

  • Term A-3 Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.

  • The Term A-3 Loans may from time to time be Eurodollar Loans or ABR Loans, as determined by the Borrower and notified to the Administrative Agent in accordance with Sections 2.2 and 2.10.

  • The Term A-3 Borrowing shall consist of Term A-3 Loans made simultaneously by the Term A-3 Lenders in accordance with their respective Term A-3 Commitments.

  • The Initial Term Loan Commitments shall automatically terminate upon the making, conversion or continuance, as applicable, of the Initial Term B Loans and Term A-3 Loans on the Second Restatement Effective Date.

  • Concurrently with the Borrowing of the Term A-3 Loans on the Second Amendment Effective Date, the Term A-3 Commitment of each Term A-3 Lender will be permanently reduced to zero and be terminated.

  • During the existence of an Event of Default that is continuing, no Loans may be requested as, converted to or continued as Term SOFR Loans, or, solely with respect to Term A-3 Loans, Daily SOFR Loans, if the Administrative Agent has notified the Borrower that the Required Lenders have determined that such a continuation or conversion is not appropriate.

  • Term A-3 Loans that were ABR Loans immediately prior to the effectiveness of this Agreement on the Restatement Effective Date shall initially be ABR Loans under this Agreement.

  • Term A-3 Loans that were Eurodollar Loans of a particular Eurodollar Tranche under the Existing Credit Agreement immediately prior to the effectiveness of this Agreement on the Restatement Effective Date shall initially be Eurodollar Loans of a Eurodollar Tranche under this Agreement with an initial Interest Period equal to the then remaining Interest Period for such Eurodollar Tranche under the Existing Credit Agreement (with the same Eurodollar Rate).

  • The proceeds of the Term A-3 Loans will be used only to (i) finance a portion of the Mountaineer Acquisition and (ii) finance working capital needs, and for general corporate purposes, of the Borrower and its Subsidiaries in the ordinary course of business.

  • Each Term A-3 Borrowing shall consist of Term A-3 Loans made simultaneously by the Term A-3 Lenders in accordance with their respective Applicable Percentage of the Term A-3 Facility.


More Definitions of Term A-3 Loans

Term A-3 Loans an aggregate amount on the applicable date equal to the percentage set forth below of the sum of (x) initial aggregate principal amount of the Term A-3 Loans converted on the Third Restatement Effective Date and (y) any Additional Term Loans structured as Term A-3 Loans: June 30, 2012 1.25 % September 30, 2012 1.25 % December 31, 2012 1.25 % March 31, 2013 1.25 % June 30, 2013 1.875 % September 30, 2013 1.875 % December 31, 2013 1.875 % March 31, 2014 1.875 % June 30, 2014 2.5 % September 30, 2014 2.5 % December 31, 2014 2.5 % March 31, 2015 2.5 % June 30, 2015 3.75 % September 30, 2015 3.75 % December 31, 2015 3.75 % March 31, 2016 3.75 % June 30, 2016 5.00 % September 30, 2016 5.00 % December 31, 2016 5.00 % ; provided that the final principal repayment installment of the Term A-3 Loans shall be repaid on the Maturity Date with respect to Term A-3 Loans outstanding on such date.
Term A-3 Loans outstanding under (and as defined in) the Existing Credit Agreement in excess of the amount of the Term A-1 Loan have been or concurrently with the Restatement Effective Date are repaid in full, and the Administrative Agent shall have received one or more Committed Loan Notices requesting conversion of each Eurocurrency Rate Loan outstanding under (and as defined in) the Existing Credit Agreement on the Restatement Effective Date to a Type of Loan permitted under this Agreement.
Term A-3 Loans means (a) the term loans established on the Amendment No. 4 Effective Date as a result of the conversion of any Amendment No. 4 Converted Term A Loan on the Amendment No. 4 Effective Date pursuant to Section 2.01(i)(x), (b) the term loans made by the Term A-3 Lenders to the Borrowers pursuant to Section 2.01(i)(y) and (c) any Incremental Term Loans in the form of Term A-3 Loans made by the Incremental Term Lenders to the Borrowers pursuant to Section 2.01(e). The aggregate principal amount of Term A-3 Loans held by each Lender on the Amendment No. 4 Effective Date (immediately following the conversion of all Amendment No. 4 Converted Term A Loans on such date and the funding of the Term A-3 Loans pursuant to the Term A-3 Loan Commitments on such date) is set forth on Schedule I to Amendment No. 4.
Term A-3 Loans means the term loans made by the Term A-3 Lenders to the Borrower pursuant to Section 2.01(c). “Term A-3 Maturity Date” means May 4, 2025. “Term Benchmark” when used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing, are bearing interest at a rate determined by reference to the Adjusted Term SOFR Rate. “Term Lenders” means, as of any date of determination, each Lender having a Term A-3 Commitment, or that holds Term Loans. “Term Loans” means the term loans made by the Term Lenders to the Borrower pursuant to Sections 2.01(b), 2.01(c) and 2.01(d). “Term SOFR” means, for the applicable Corresponding Tenor as of the applicable Reference Time, the forward-looking term rate based on SOFR that has been selected or recommended by the Relevant Governmental Body. “Term SOFR Notice” means a notification by the Administrative Agent to the Lenders and the Borrower of the occurrence of a Term SOFR Transition Event. Determination Day” has the meaning assigned to it under the definition of Term SOFR Reference Rate. “Term SOFR Transition Event” means the determination by the Administrative Agent that (a) Term SOFR has been recommended for use by the Relevant Governmental Body, (b) the 39

Related to Term A-3 Loans

  • Term A Loans has the meaning specified in Section 2.01(b).

  • Term B Loans means (a) the term loans made by the Lenders to the Borrower pursuant to Section 2.01(a), and (b) any Incremental Term Loans in the form of Term B Loans made by the Incremental Term Lenders to the Borrower pursuant to Section 2.01(c).

  • Term A-2 Loan means an advance made by any Term A-2 Lender under the Term A-2 Facility.

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

  • Term Loans means, collectively, the Tranche A Term Loans and the Tranche B Term Loans.

  • Term B-1 Loans means the Term Loans made pursuant to the Term B-1 Commitment.

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Term A Loan Commitment means, as to each Lender, its obligation to make its portion of the Term A Loan to the Borrower pursuant to Section 2.01(c), in the principal amount set forth opposite such Lender’s name on Schedule 2.01. The aggregate principal amount of the Term A Loan Commitments of all of the Lenders as in effect on the Closing Date is $675,000,000.

  • Incremental Loans has the meaning assigned to such term in Section 2.22(a).

  • Term B Loan is defined in Section 2.2(a)(ii) hereof.

  • Term Loan has the meaning specified in Section 2.01(b).

  • 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.

  • Delayed Draw Term Loans has the meaning as set forth in Section 2.5(a).

  • Delayed Draw Term Loan Lender means a Lender with a Delayed Draw Term Loan Commitment or an outstanding Delayed Draw Term Loan.

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

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • Term Loan B Commitment means, with respect to each Lender, the commitment of such Lender to make the Term Loan B to the Borrowers in the aggregate amount extended prior to the Amendment No. 9 Effective Date or in the Assignment and Acceptance pursuant to which such Lender became a Lender under this Agreement, as the same may be terminated or reduced from time to time in accordance with the terms of this Agreement. The Term Loan B Commitment as of the Amendment No. 9 Effective Date is $0.

  • Delayed Draw Term Loan Commitment means the commitment of each Lender to make Delayed Draw Term Loans on each Delayed Draw Funding Date hereunder in an aggregate principal amount not to exceed the amount set forth under the heading “Delayed Draw Term Loan Commitment” opposite its name in Schedule 2.01 hereto. The aggregate amount of the Delayed Draw Term Loan Commitments as of the Closing Date is $1,150,000,000.

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

  • Incremental Loan Commitments has the meaning assigned thereto in Section 5.13(a)(ii).

  • Tranche B Term Loans means the Loans made by Lenders to Company pursuant to subsection 2.1A(ii).

  • Term A Borrowing means a borrowing consisting of simultaneous Term A Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Term A Lenders pursuant to Section 2.01(a).

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

  • Term B-2 Loan means the Loan in the amount set forth in Section 2.01(a)(i).

  • Term Loan B Facility means the facility described in Section 2.01(b) providing for an advance of the Term Loan B to the Borrower by the Term Loan B Lenders in the original principal amount of $565,000,000, as adjusted from time to time pursuant to the terms of this Agreement.

  • Term Loan Advances are each defined in Section 2.1.1(a).