Examples of Term A-5 Loan in a sentence
Immediately upon the making of each 2017 Incremental Term A-4 Loan, such Loan shall be deemed to be, and shall constitute for all purposes hereunder, a Term A-5 Loan and shall cease to constitute a separate Class of Loans.
The Term A-5 Loan Commitment of each Term A-5 Lender shall be automatically and permanently reduced to $0 upon the funding of the Term A-5 Loans made by it on the Third Amendment Effective Date.
Subject to the terms and conditions set forth herein and in Amendment No. 3, each Term A-5 Lender agrees to make a Term A-5 Loan to the Borrower on the Third Amendment Effective Date in Dollars in a principal amount not to exceed its Term A-5 Loan Commitment.
Each such promissory note shall (i) in the case of Revolving Loans, be in the form of Exhibit C (a “Revolving Note”), (ii) in the case of Swing Line Loans, be in the form of Exhibit D (a “Swing Line Note”), (iii) in the case of a Term A-4 Loan, be in the form of Exhibit F-2 (a “Term A-4 Note”) and (iv) in the case of a Term A-5 Loan, be in the form of Exhibit F-3 (a “Term A-5 Note”).
No Interest Period shall extend beyond the applicable Maturity Date for such Loan, and if the Borrower elects to price the Term A-4 Loan on the Restatement Effective Date with an Interest Period of five years or to price the Term A-5 Loan on the First Amendment Effective Date with an Interest period of seven years, the Interest Period shall end on the Term A-4 Loan Maturity Date or the Term A-5 Loan Maturity Date, respectively.
Upon becoming a Joining Lender, such Joining Lender severally agrees to make a Term A-2 Loan, a Term A-3 Loan and a Term A-5 Loan to the Borrower in Dollars, each in a single drawing on the applicable Joinder Date, in an aggregate amount (for all Joining Lenders) not to exceed $2,000,000,000 (allocated among the Facilities as mutually agreed between the Borrower and the Joining Lenders) (the “Joinder Increase”).
Each such promissory note shall (i) in the case of Revolving Loans, be in the form of Exhibit C (a “Revolving Note”), (ii) in the case of Swing Line Loans, be in the form of Exhibit D (a “Swing Line Note”), (iii) in the case of a Term A-3 Loan, be in the form of Exhibit F-1 (a “Term A-3 Note”), (iv) in the case of a Term A-4 Loan, be in the form of Exhibit F-2 (a “Term A-4 Note”) and (v) in the case of a Term A-5 Loan, be in the form of Exhibit F-3 (a “Term A-5 Note”).
The Borrower and the Term A-5 Lenders acknowledge and agree that the Term A-5 Loan Commitments of the Term A-5 Lenders aggregate $2,223,750,245.38 as of the Third Restatement Effective Date (immediately prior to the incurrence of the 2017 Incremental Term A-4 Loans).
The aggregate principal amount of the New Incremental Term Loan Lender’s commitment (i) with respect to the Incremental Term A-5 Loan is FIFTY MILLION DOLLARS ($50,000,000) and (ii) with respect to the Incremental Term A-6 Loan is TWO HUNDRED MILLION DOLLARS ($200,000,000).
Each such promissory note shall (i) in the case of Revolving Loans, be in the form of Exhibit C (a “Revolving Note”), (ii) in the case of Swing Line Loans, be in the form of Exhibit D (a “Swing Line Note”) and (iii) in the case of a Term A-5 Loan, be in the form of Exhibit F-3 (a “Term A-5 Note”).