Term A Loan Facility definition

Term A Loan Facility means the Term A Loan Commitments and the provisions herein related to the Term A Loans.

Term A Loan Facility means the term loan facility established pursuant to Article IV hereof under which the Lenders make Term A Loans to the Borrowers.

Term A Loan Facility means the term facility with an aggregate commitment of up to $100,000,000 maturing on the Term A Loan Facility Termination Date.

Examples of Term A Loan Facility in a sentence

• The Borrower’s obligation to prepay Target Bridge Loans and purchase Target Exchange Notes shall be deemed to be satisfied with respect to clause (a) above on a dollar-for-dollar basis to the extent of amounts applied to repay loans under (i) the Target Credit Agreement Term A Loan Facility, (ii) the Target Credit Agreement Term B Loan Facility or (iii) the Target Revolving Credit Facility to the extent accompanied by a permanent reduction in commitments thereunder.

• The Company uses derivative financial instruments to hedge its exposure to interest rate volatility related to its Term A Loan Facility.

• Amortization The outstanding principal amounts under the Term A Loan Facility are payable in quarterly installments in an amount representing, on an annual basis, 1.25 percent of the initial aggregate principal amount of such loan facility and increasing to 2.5 percent in September 2023.

• The Term A Loan Facility matures on November 1, 2022, provided, that if the Term B Loan Facility is funded, the facilities instead mature on September 1, 2023.

• All payments hereunder (including fees and interest) with respect to the Term A Loan Facility shall be made in CLP and all payments hereunder (including fees and interest) with respect to the Term B Loan Facility shall be made in Dollars.

More Definitions of Term A Loan Facility

Term A Loan Facility means the term loan credit facility extended to Borrower pursuant to Subsection 1.1(A).

Term A Loan Facility as defined in the definition of Facility.

Term A Loan Facility means the term loan facility referred to in sub-clause 2.1.1(a) of Clause 2.1 (Facilities).

Term A Loan Facility has the meaning assigned to such term in the definition of “Facility.”

Term A Loan Facility means the aggregate amount of the Term A Loan Commitments at such time, or if the Term A Loan Commitments have terminated, the aggregate outstanding principal amount of the Term A Loans at such time.

Term A Loan Facility. $1,000 million term a loan facility consisting of (A) $1,000 million minus the aggregate principal amount of the Delayed Draw Term A Loan Facility (the “Closing Date Term A Loan Facility”) and (B) a delayed draw term a loan facility in an aggregate principal amount equal to the aggregate amount of the Company Existing Convertible Notes outstanding on the Closing Date (the “Delayed Draw Term A Loan Facility” and together with the Closing Date Term A Loan Facility, the “Term A Loan Facility”; and the loans thereunder, the “Term A Loans” and the loans under the Delayed Draw Term A Loan Facility, the “Delayed Draw Term A Loans”; and the “Term A Loan Facility”, together with the Revolving Facility, the “Pro Rata Facilities”).

Term A Loan Facility. The Closing Date Term A Loan Facility will be available in a single drawing on the Closing Date and will be subject to equal quarterly amortization of principal (commencing as of the end of the first full fiscal quarter ending after the Closing Date) in an aggregate amount equal to 5.0% per annum of the initial aggregate principal amount of the Term A Loan Facility plus the original principal amount of any amounts drawn under the Delayed Draw Term A Loan Facility (the “Term A Scheduled Amortization”). The Delayed Draw Term A Loan Facility will be available in one drawing (in full or in part) after the Closing Date (the date of such drawing, the “Delayed Draw Funding Date”) until the date that is the earlier to occur of (x) forty (40) business days after the Closing Date and (y) the drawing in full or in part of the Delayed Draw Term A Loan Facility, the “Delayed Draw Term A Loan Facility Commitment Termination Date”). The commitments under the Delayed Draw Term A Loan Facility shall be immediately and irrevocably reduced to zero on the Delayed Draw Term A Loan Facility Commitment Termination Date.