Examples of Term A Loan Amount in a sentence
As of the effective date hereunder, the principal amount of the Term A Loan shall be $10,184,134.66 (the "Term A Loan Amount") and shall be subject to the terms and conditions set forth herein and on the face of the notes attached as Exhibit A hereto.
Subject to the terms and conditions of this ----------- Agreement, on the First Amendment Closing Date Lender agrees to make a term loan (the "Term A Loan") to Borrower in an amount equal to the Term A Loan Amount.
Any portion of the requested Incremental Term Loans that exceeds the Potential Incremental Term A Loan Amount may be provided as Term B Loans.
Section 1.01 of the Financing Agreement is hereby amended by deleting the following definitions: "Incremental Facility Amendment", "Incremental Request", "Incremental Term A Loan EBITDA Amount", "Incremental Term Facility", "Incremental Term Loans" and "Potential Incremental Term A Loan Amount".
From and after the Effective Date and until the Conversion Date, a non-refundable fee (the "Term A Loan Commitment Fee") in the amount of one-half percent per annum of the aggregate amount of the then existing Term A Loan Commitment Amounts shall accrue on the daily average of the aggregate amount of the then existing Term A Loan Amount.
Subject to the terms and conditions of this Agreement, Bank shall make one (I) or more term loans available to Borrower from the Closing Date through the Interest Only End Date in an aggregate principal amount not to exceed the Term A Loan Amount (each a ‘‘Term A Loan” and collectively, the “Term A Loans”).
The parties hereto agree that each Term A Lender severally and not jointly made a loan (each individually a “Term A Loan” and, collectively, the “Term A Loans”) in Dollars to the Borrower in the Initial Term A Loan Amount, which Term A Loans were advanced on May 29, 2009, and the aggregate principal amount of Term A Loans owed to each Term A Lender on the Closing Date are expressed on Schedule 1 attached hereto.
A portion of the Term A Loan Amount shall be used to repay Borrower’s existing Indebtedness to Bank.
If Lenders agree to provide such Incremental Term Loans as Term A Loans but in an aggregate amount less than the Potential Incremental Term A Loan Amount, then such Loans may be provided as Term B Loans, as such Lenders and the Administrative Borrower may agree.
The aggregate principal amount of any proposed Incremental Term Loans that may constitute Term A Loans shall not exceed an amount equal to (a) the then existing Incremental Term A Loan EBITDA Amount, minus (b) the aggregate principal amount of all Term A Loans then outstanding (the "Potential Incremental Term A Loan Amount").