Term Loan A Facility definition

Term Loan A Facility means the facility described in Section 2.01(a) providing for an advance of the Term Loan A to the Borrower by the Term Loan A Lenders in the original principal amount of $150,000,000, as adjusted from time to time pursuant to the terms of this Agreement.

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Term Loan A Facility means the term loan credit facility extended to Borrower pursuant to Subsection 1.1(A).

Term Loan A Facility means the credit facility under this Agreement evidenced by the Term Loan A Commitments and the Term A Loans.

Examples of Term Loan A Facility in a sentence

No amount of the Term Loan A repaid or prepaid by the Borrower may be reborrowed hereunder, and no subsequent advance under the Term Loan A Facility shall be allowed after the initial such advance of the Term Loan A on the Closing Date.
Each Term Loan A Lender shall, before 11:00 A.M. (New York City time) on the date of such Term Loan A Borrowing, make available for the account of its Lending Office to the Administrative Agent at the Administrative Agent’s Account, in same day funds, its Pro Rata Share of the amount of such Term Loan A Borrowing in accordance with its Term Loan A Commitment under the Term Loan A Facility.
Notwithstanding the foregoing, each Incremental Revolving Assumption Agreement, Incremental Term Loan A Facility Amendment and Incremental Term Loan B Facility Amendment may be effected in accordance with Section 2.20 without the consent of any Lenders other than the Incremental Lenders providing the Incremental Facility contemplated thereby.
At all times, use commercially reasonable efforts to maintain a public corporate credit rating from S&P and a public corporate family rating from ▇▇▇▇▇’▇, in each case with respect to Parent, and use commercially reasonable efforts to cause each of Term Loan A Facility and Term Loan B Facility to be continuously rated by S&P and ▇▇▇▇▇’▇ (it being understood that, in each case, there shall be no obligation to maintain specific ratings from either S&P or ▇▇▇▇▇’▇).
In accordance with the Plan, but subject to the required Excess Cash sweep on the Closing Date, the Revolving Facility shall be secured pari passu with the Term Loan A Facility and the Term Loan B Facility on a “first-out” basis.

More Definitions of Term Loan A Facility

Term Loan A Facility means the €530,000,000 term loan facility made available under the Credit Agreement.

Term Loan A Facility means the Tranche A Term Commitments and the Tranche A Term Loans.

Term Loan A Facility means, at any time, the aggregate amount of the Term Loan A Lenders’ Term Loan A Commitments at such time.

Term Loan A Facility as defined in the definition of “Facility”.

Term Loan A Facility means the term loan facility as described in Section 2.01(a).

Term Loan A Facility means any or all of the Other Term A Facilities.

Term Loan A Facility the loans thereunder, the “Tranche A Term Loans” and the Lenders thereunder, the “Term Loan A Lenders”). Pursuant to the Plan, the DIP Electing Lenders, as part of the treatment of their obligations under the Plan, shall become Term Loan A Lenders on the Plan Effective Date in respect of Tranche A Term Loans deemed made by such Term Loan A Lenders on the Plan Effective Date as “roll-up” paper (or similar) in an amount equal to the lesser of (i) such Term Loan A Lender’s Revolving Commitment Amount and (ii) such Term Loan A Lender’s Commitment in respect of New Money Loans (as such terms are defined in the DIP Credit Agreement). The Term Loan A Facility shall be secured in a manner pari passu with the Revolving Facility on a “second-out” basis.