Examples of Term A Loan Notes in a sentence
This Note is one of the Term A Loan Notes referred to in, and is entitled to the benefits of, the Credit Agreement, dated as of October [__], 2010 (as the same may be amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), among the Borrower, the Lenders and Issuers party thereto, the other parties party thereto, and the Agent.
The schools at primary level have good attendance, good discipline, but it was clearly stated that the socio-economic disadvantage of the community impinges on the schools; issues such as addiction, poor educational backgrounds, poverty, abuse and general disadvantage.
On or as soon as reasonably practicable after the Effective Date, (i) the Reorganized Debtors shall issue the New Partnership Interests, New Term A Loan Notes, New Term A L/C Notes, New Term B Loan Notes, and New Term B L/C Notes, and (ii) the New Partners shall issue the New Membership Interests to be distributed pursuant to this Plan without further act or action under applicable law, regulation, order, or rule.
The New Term A Loan Notes executed by the Borrower on the Second Amendment Effective Date.
In connection therewith, the Borrower shall deliver an opinion of counsel, addressed to the Lenders and the Agent, relating to the due authorization, execution and delivery of such new Revolving Credit Notes, Term A Loan Notes, Term Loan B Notes and Swing Loan Note and the enforceability thereof, in form and substance substantially similar to the opinion delivered in connection with the first disbursement under this Agreement.
The execution and delivery by the Borrower of this Amendment and the New Term A Loan Notes and the performance by the Borrower of the Amended Agreement and the payment of the New Term A Loan Notes do not and will not require any registration with, consent or approval of, notice to, or other action to, with or by, any federal, state or other governmental authority or regulatory body.
Such new Revolving Credit Notes, Term Loan A Notes, Term Loan B Notes and Swing Loan Note shall provide that they are replacements for the surrendered Revolving Credit Notes, Term A Loan Notes, Term Loan B Notes or Swing Loan Note, as applicable, and that they do not constitute a novation, shall be dated as of the Increase Date and shall otherwise be in substantially the form of the replaced Revolving Credit Notes, Term Loan A Notes, Term Loan B Notes or Swing Loan Note, as applicable.
The issuance of the New Partnership Interests, New Membership Interests, New Term A Loan Notes, New Term A L/C Notes, New Term B Loan Notes, and New Term B L/C Notes and the distribution thereof under this Plan shall be exempt from registration under applicable securities laws pursuant to section 1145(a) of the Bankruptcy Code.
This Amendment and the New Term A Loan Notes have been duly executed and delivered by the Borrower and this Amendment, the New Term A Loan Notes and the Amended Agreement are the legally valid and binding obligations of the Borrower, enforceable against the Borrower in accordance with their respective terms, except as may be limited by bankruptcy, insolvency, reorganization, moratorium or similar laws relating to or limiting creditors' rights generally or by equitable principles relating to enforceability.
The Borrower has all requisite corporate power and authority to enter into this Amendment and to carry out the transactions contemplated by, and perform its obligations under, the Credit Agreement as amended by this Amendment (the "Amended Agreement") and to issue the New Term A Loan Notes.