Term A Loan Increase definition

Term A Loan Increase has the meaning specified in Section 2.14(a).

Examples of Term A Loan Increase in a sentence

  • On any Increase Effective Date on which any Incremental Increase in the form of a Term A Loan Increase or an Incremental Term Loan is effective, subject to the satisfaction of the terms and conditions in this Section 2.14, each Lender of such new Term A Loan Increase or an Incremental Term Loan shall make an amount equal to its commitment to such new Term A Loan Increase or an Incremental Term Loan available to the Borrower, in a manner consistent with Borrowings hereunder.

  • The Borrower shall prepay Term B Loans with the Net Proceeds of any Term A Loan Increase promptly upon receipt thereof.

  • For the avoidance of doubt, (A) the incurrence of any Pari Passu Term A Loans shall not affect any Lender’s obligations under or with to such Xxxxxx’s Revolving Credit Commitments and (B) the principal amount of loans constituting a Term A Loan Increase shall be deemed Pari Passu Term A Loans for purposes of this Section 2.13 and the other provisions of the Loan Documents.

  • Each Term Loan A Facility or Term A Loan Increase shall be established hereunder pursuant to an amendment hereto (a “Term A Loan Amendment”) and executed by each Loan Party, each Term A Lender providing the applicable Pari Passu Term A Loans.

  • It is understood that final allocations of such Term A Loan Increase or new Term Loan A Facility shall be made at the Borrower’s discretion in consultation with the Administrative Agent.

Related to Term A Loan Increase

  • Term Loan Increase has the meaning set forth in Section 2.14(a).

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • Term A Loans has the meaning specified in Section 2.01(b).

  • Term Loan Lender means a Lender with a Term Loan Commitment or a Term Loan.