Term Loan A-2s definition

Term Loan A-2s means, collectively, all of the Term Loan A-2s made by the Lenders pursuant to Section 2.1(b).
Term Loan A-2s means, collectively, all of the Term Loan A-2s made by the Lenders pursuant to Section 2.1(b). “Term Loan A-2 Availability Period” means the period commencing on the Closing Date and ending on the Term Loan A-2 Termination Date. “Term Loan A-2 Commitment” means, as to any Lender at any time, the amount initially set forth opposite its name on Schedule 1.1(A), as such Commitment is thereafter assigned or modified and “Term Loan A-2 Commitments” means the aggregate Term Loan A-2 Commitments of all of the Term Loan A-2 Lenders. 44

Examples of Term Loan A-2s in a sentence

  • Notwithstanding anything herein to the contrary, the entire outstanding principal balance of the Term Loan A-2s shall be due and payable in full in cash on the Maturity Date with respect to the Term Loan A-2 Facility.

  • In addition to any prepayments or repayments made pursuant to Sections 2.12 and 2.13, the Borrower shall repay the aggregate outstanding principal balance of the Term Loan A-2s in quarterly installments on December 31, 2018 and on the last day of each calendar quarter thereafter in an amount equal to 0.25% of the outstanding principal amount of the Term Loan A-2s outstanding on the Closing Date.

  • On the Closing Date the aggregate principal amount of the Term Loan A-2s for all Term Loan A-2 Lenders shall equal to $498,784,500.

  • In no event may the Borrower request more than four (4) Borrowings of Term Loan A-2s.

  • The Borrower shall pay to the Administrative Agent for the account of each Lender in accordance with its Applicable Percentage, a commitment fee equal to the Applicable Rate times the actual daily amount by which the aggregate Term Loan A-2 Commitments exceed the Outstanding Amount of Term Loan A-2s, subject to adjustment as provided in Section 2.12.

  • Each Term Loan A-2 of a Term Loan A-2 Lender shall be in an amount equal to such Term Loan A-2 Lender’s Pro Rata Share of the principal amount of such Term Loan A-2 requested by the Borrower; provided, that the aggregate amount of all Term Loan A-2s made by the Term Loan A-2 Lenders hereunder shall not exceed the Term Loan A-2 Commitments.

  • Liquidity and Balance Sheet Update • On June 25, 2020, we completed an amendment to our credit agreement, which: (i) extended the maturity date of $224.0 million of principal amount of the outstanding Term Loan A-1s from April 28, 2021 to May 21, 2023, which term loans would thereafter be classified as Term Loan A-2s and (ii) increased the principal of the Term Loan A-2s by $200.0 million in the form of incremental term loans.

  • In addition to any prepayments or repayments made pursuant to Sections 2.12 and 2.13, the Borrower shall repay the aggregate outstanding principal balance of the Term Loan A-2s in quarterly installments commencing on March 31, 2024 and on the last day of each calendar quarter thereafter in an amount equal to 0.25% of the outstanding principal amount of the Term Loan A-2s outstanding on the Term Loan A-2 Termination Date.

  • The Term Loan A-1 Lenders shall have no obligation to make the Term Loan A-1s after the Closing Date, and the Term Loan A-2 Lenders shall have no obligation to make the Term Loan A-2s after the Closing Date.

  • Benefits to this kind of thinking – easier to get consensus on what you don’t want, instead of what you do want.• Lessons learned: remember the big picture, make sure you have people with different skill sets on your team.

Related to Term Loan A-2s

  • Term Loan A has the meaning set forth in Section 2.2(a).

  • Term Loan A Note means a promissory note made by the Borrower in favor of a Term Loan A Lender evidencing the portion of the Term Loan A made by such Term Loan A Lender, substantially in the form of Exhibit C-1.

  • Term Loan B has the meaning set forth in Section 2.2(b).

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Term Loan A Commitment means, with respect to each Lender, its Term Loan A Commitment, and, with respect to all Lenders, their Term Loan A Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

  • Term Loan Amount means with respect to any Term Loan Lender, the amount equal to its Term Loan Percentage of the aggregate principal amount outstanding under the Term Loan.

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

  • Term Loan Lenders means the financial institutions from time to time parties hereto as lenders of the Term Loan.

  • Term A Loan Commitment means, as to each Lender, its obligation to make its portion of the Term A Loan to the Borrower pursuant to Section 2.01(c), in the principal amount set forth opposite such Lender’s name on Schedule 2.01. The aggregate principal amount of the Term A Loan Commitments of all of the Lenders as in effect on the Closing Date is $675,000,000.

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(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 Loan Commitments means the aggregate amount of such commitments of all Lenders.

  • Term Loan as defined in Section 2.1.

  • Term B Loan Commitment means the obligation of the Term B Lenders to make a Term B Loan on the Closing Date in an aggregate principal amount equal to $850,000,000. The Term B Loan Commitment on the Closing Date is $850,000,000.

  • Term Loan B Commitment means, with respect to each Lender, its Term Loan B Commitment, and, with respect to all Lenders, their Term Loan B Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

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

  • Term Loan Notes means the promissory notes of the Borrower (if any) in favor of any of the Term Loan Lenders evidencing the portion of the Term Loan provided by any such Term Loan Lender pursuant to Section 2.2(a), individually or collectively, as appropriate, as such promissory notes may be amended, modified, extended, restated, replaced, or supplemented from time to time.

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

  • Incremental Revolving Loan Lender shall have the meaning provided in Section 2.14(b).

  • Term Loans means, collectively, the Tranche A Term Loans and the Tranche B Term Loans.

  • Term Loan Note means a promissory note made by the Borrower in favor of a Term Loan Lender evidencing the portion of the Term Loans made by such Term Loan Lender, substantially in the form attached as Exhibit A-3, and any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part.

  • Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).

  • Delayed Draw Term Loan Lender means a Lender with a Delayed Draw Term Loan Commitment or an outstanding Delayed Draw Term Loan.

  • New Term Loan Lender shall have the meaning provided in Section 2.14(c).

  • Term Loan Commitment Amount means, with respect to each Lender, the sum of such Lender’s Term Loan Tranche 1 Commitment Amount and Term Loan Tranche 2 Commitment Amount.

  • Term Loan Committed Amount shall have the meaning set forth in Section 2.2(a).