Examples of Term A Advance in a sentence
Any Term A Advance which is repaid or prepaid may not be reborrowed.
The Borrower promises to pay interest on the unpaid principal amount of the Term A Advance from the date of such Term A Advance until such principal amount is paid in full, at such interest rates, and payable at such times, as are specified in the Credit Agreement.
Each Term A Lender has made a Term A Advance pursuant to the Existing Credit Agreement.
Each Term A Lender severally agrees, on the terms and conditions hereinafter set forth, to make a single advance (a "Term A Advance") to the Borrower on the Closing Date in an amount not to exceed such Lender's Term A Commitment at such time.
The Term A Advance shall be allocated among the Borrowers in the manner set forth in Schedule 2.6. Each Borrower's obligation to pay the Term A Advance shall be evidenced by the Term A Note and shall be secured by the Collateral as provided in Article III.