Term A Loans definition

Term A Loans has the meaning specified in Section 2.01(b).
Term A Loans means a term loan “A” facility as such term is understood in the leveraged finance market and which is marketed primarily to banking institutions rather than to institutional investors and any increase to any Term Facility constituting Term A Loans. Term Facilities constituting Term A Loans are so designated on the Facilities Schedule.

Examples of Term A Loans in a sentence

  • The Term A Loan Commitments of the Lenders to make Term A Loans shall terminate concurrently with the making of the Term A Loans on the Closing Date.


More Definitions of Term A Loans

Term A Loans means (a) the term loans made by the Lenders to the Borrower pursuant to Section 2.01(a), and (b) any Incremental Term Loans in the form of Term A Loans made by the Incremental Term Lenders to the Borrower pursuant to Section 2.01(c).
Term A Loans means the term loans made by the Term A Lenders to the Borrower pursuant to Section 2.01(b)(i).
Term A Loans means term loans that (a) are provided primarily by Regulated Banks, (b) amortize at a rate per annum of not less than 2.50% in each period of four consecutive fiscal quarters commencing on or after the funding of such loans and ending on or prior to the applicable maturity date (subject to any customary grace period) and (c) have a weighted average life to maturity, when incurred, of five years or less.
Term A Loans means a Loan made pursuant to clause (a), or clause (b) of Section 2.01 or an Incremental Term Loan designated as such.
Term A Loans is defined in clause (a) of Section 2.1.1.
Term A Loans means the Term A USD Loans and the Term A EUR Loans.