Term A Loan Advance definition

Term A Loan Advance is defined in Section 2.1.1(a).

Term A Loan Advance shall have the meaning assigned to such term in Section 2.1(a).

Term A Loan Advance and “Term A Loan Advances” are defined in Section 2.2(a).

Examples of Term A Loan Advance in a sentence

• The Term A Loan Advance and the Term B Loan Advance are hereinafter referred to singly as a “Term Loan Advance” and collectively as the “Term Loan Advances”.

• The Term A Loan Advance and the Term B Loan Advance are hereinafter referred to singly as the “Term Loan Advance” and collectively as the “Term Loan Advances.” The aggregate outstanding Term Loan Advances shall not exceed the Maximum Term Loan Amount.

• To obtain a Term Loan Advance, Borrower shall complete, sign and deliver to Agent an Advance Request (at least three (3) Business Days before the Advance Date, other than the Term A Loan Advance, which shall be at least one (1) Business Day) to Agent.

• The Term A Loan Advance and the Term B Loan Advance are hereinafter referred to singly as the “Term Loan Advance” and collectively as the “Term Loan Advances”.

• The principal balance of the 2019 Term A Loan Advance shall bear interest thereon from such Advance Date at the 2019 Term A Loan Interest Rate based on a year consisting of 360 days, with interest computed daily based on the actual number of days elapsed.

More Definitions of Term A Loan Advance

Term A Loan Advance and collectively, the “Term A Loan Advances”) to Borrower in an aggregate original principal amount not to exceed Ten Million Dollars ($10,000,000.00). Subject to the terms and conditions of this Agreement, during Draw Period B, upon Borrower’s request, Bank shall make advances (each a “Term B Loan Advance” and collectively, the “Term B Loan Advances”) to Borrower in the aggregate original principal amount not to exceed Ten Million Dollars ($10,000,000.00). The Term A Loan Advances and the Term B Loan Advances are hereinafter referred to singly as the “Term Loan Advance” and collectively as the “Term Loan Advances.” Each Term Loan Advance must be in an original principal amount equal to at least Two Million Five Hundred Thousand Dollars ($2,500,000.00). After repayment thereof, no Term Loan Advance (or any portion thereof) may be reborrowed.

Term A Loan Advance is defined in Section 2.2 of this Agreement.

Term A Loan Advance and “Term A Loan Advances” are each defined in Section 1.1 of this Agreement.

Term A Loan Advance means the amounts advanced to Borrower by the Lenders on the Funding Date of the Term A Loan.

Term A Loan Advance is defined in Section 1.1(a) of this Agreement.

Term A Loan Advance is defined in Recital A hereof.

Term A Loan Advance and “Term A Loan Advances” are each defined in Section 2.1.1 (a). “Term B Loan Advance” and “Term B Loan Advances” are each defined in Section 2. 1.1 (a). “Term Loan Advance” and “Term Loan Advances” are each defined in Section 2.1.1 (a). “Term Loan Maturity Date” means May 1, 2019. “Trademarks” means any trademark and servicemark rights, whether registered or not, applications to register and registrations of the same and like protections, and the entire goodwill of the business of Borrower connected with and symbolized by such trademarks. “Transfer” is defined in Section 7.1. “Unfriendly Acquisition” is any Acquisition that has not, at the time of the first public announcement of an offer relating thereto, been approved by the board of directors (or other legally recognized governing body) of the Person to be acquired. “Warrant” means, collectively, (a) that certain Warrant to Purchase Stock by and between Borrower and Bank dated as of the Effective Date, and (b) that certain Warrant to Purchase Stock by and between Borrower and WestRiver Mezzanine Loans, LLC dated as of the Effective Date (in each case, as may be amended, modified, supplemented or restated from time to time). [Signature page follows.] 30