Examples of Term Loan A-4 in a sentence
Subject to the terms and conditions set forth herein, each Lender severally agrees to make its portion of a term loan (the “Term Loan A-4”) to the Borrower in Dollars, on the Closing Date in an amount equal to such Lender’s Term Loan A-4 Commitment; it being understood that the Term Loan A-4 must be drawn in one Borrowing.
The Borrower shall repay to the Lenders (i) on the Term Loan A-4 Maturity Date, the aggregate principal amount of Term Loan A-4 outstanding on such date, (ii) on the Term Loan A-5 Maturity Date, the aggregate principal amount of Term Loan A-5 outstanding on such date and (iii) any Incremental Term Loan on the applicable maturity date thereof as set forth in the applicable Incremental Term Loan Agreement, together, in each case, with all accrued and unpaid interest in respect thereto.
The Term Loan A-4 shall be made on the Closing Date as a LIBOR Daily Floating Rate Loan.
Subject to the terms and conditions set forth herein, each Lender having a Term Loan A-4 Commitment severally agrees to make its portion of a term loan (the “Term Loan A-4”) to Interface Australia Holdings in Australian Dollars on the Restatement Date in an amount not to exceed such Lender’s Term Loan A-4 Commitment.
Each Borrower acknowledges and agrees that a balloon payment of Term Loan A-4 will be due on the Term Loan Maturity Date (unless earlier prepaid).
Subject to the terms and conditions set forth herein, each Lender severally agrees to make its portion of a term loan (the “Term Loan A-4”) to the Borrower in Dollars, on the Closing Date in an amount equal to such Xxxxxx’s Term Loan A-4 Commitment; it being understood that the Term Loan A-4 must be drawn in one Borrowing.
Each Term A-4 Lender shall fund its applicable Term Percentage of the Term A-4 Advances, provided no Term A-4 Lender will be required to fund any amount which would cause such Lender’s Term Loan A-4 to exceed its Term Loan A-4 Commitment.
If the amount of the Term Loan A-4 advanced on the Term Loan A-4 Funding Date is less than the Term Loan A-4 Maximum Availability Amount, the remaining Term Loan A-4 Commitments shall terminate on the Term Loan A-4 Funding Date.
The Borrowers shall repay the principal amount of the Term Loan A-4 on the dates (or, in the event that a date is not a Business Day, on the next following Business Day) based upon a schedule which the Administrative Agent will prepare and circulate to the Borrowers and the Lenders on the Term Loan A-4 Funding Date, and which will be based on a one hundred forty-four (144) month “mortgage style” amortization.
The Term Loan A-4 may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.