Term Loan A-2 definition
Examples of Term Loan A-2 in a sentence
For the avoidance of doubt, the Term Loan A-2 shall be deemed a SOFR Loan under this Agreement.
Each Borrowing of, conversion of or continuation of a Term Loan A-2 (whether or not such Term Loan A-2 constitutes as a SOFR Loan or a Base Rate Loan) shall be in a principal amount of $50,000,000 or in increments of $10,000,000 in excess thereof.
The Term Loan A-2 Lenders have no further obligation to make the Term Loan A-2s hereunder.
On the Closing Date, each Existing Lender continuing as a Term Loan A-2 Lender under this Agreement and holding a portion of the Rollover Loan A-2 under the Prior Credit Agreement shall “cashlessly roll” its Allocated Amount of the Rollover Loan A-2 into a Term Loan A-2 under this Agreement pursuant to cashless settlement mechanisms reasonably approved by the Borrower, the Administrative Agent and such Lender.