Examples of Tranche A-1 Term Lender in a sentence
Each Person (other than a Tranche A-1 Term Lender with outstanding Initial 2017 Tranche A-1 Term Loans choosing to continue such Loans) who agrees to make Tranche A-1 Term Loans to the Borrower on the Amendment No. 3 Effective Date shall make Tranche A-1 Term Loans in a principal amount equal to the amount set forth on Schedule 2.01(b)(ii) hereto opposite such Lender’s name under the caption “Tranche A-1 Term Loans”.
The obligation of each Tranche A-1 Term Lender to fund the Tranche A-1 Term Loans on the Tranche A-1 Funding Date shall be subject to, and to the satisfaction of, each of the conditions precedent set forth in Section 5 of the Tranche A-1 Refinancing Amendment.
In consideration of the agreements of the Incremental Tranche A-1 Term Lenders contained in this Agreement, Holdings, the U.S. Borrower and the U.K. Borrower agree to pay to the Administrative Agent, in immediately available Dollars, for the account of each Incremental Tranche A-1 Term Lender, an upfront fee (the “Upfront Fee”), in an amount as separately agreed to by the U.K. Borrower and such Incremental Tranche A-1 Term Lender, payable on the Effective Date.
The Additional Tranche A-1 Term Lender Equities shall not constitute security for the obligations due to any other Lender.
Neither the Additional Tranche A-1 Term Lender Equities nor any accrued patronage shall be offset against the obligations due to any Lender except that, in the event of an Event of Default, the Additional Tranche A-1 Term Lender may elect, solely at its discretion, to apply the cash portion of any patronage distribution or retirement of equity to amounts owed to the Additional Tranche A-1 Term Lender or its affiliate under this Agreement, whether or not such amounts are currently due and payable.
With respect to each Tranche A-1 Term Lender, no order, judgment or decree of any Governmental Authority shall purport to restrain such Tranche A-1 Term Lender from making any Loans to be made by it.
The Tranche A-1 Term Loan shall be evidenced by a Note duly executed on behalf of the Borrowers, dated the Effective Date, in substantially the form attached hereto as Exhibit B-3, payable to the order of the Tranche A-1 Term Lender in the original principal amount of $5,000,000.00.
The Administrative Agent shall, promptly after receiving notice from the Borrowers hereunder, notify the Tranche A-1 Term Lender of the principal amount and Type of the Tranche A-1 Term Loan held by the Tranche A-1 Term Lender which is to be prepaid, the prepayment date and the manner of application of the prepayment.
Each Person (other than a Tranche A-1 Term Lender with outstanding Initial Tranche A-1 Term Loans choosing to continue such Loans) who agrees to make Tranche A-1 Term Loans to the Borrower on the Restatement Date shall make Tranche A-1 Term Loans in a principal amount equal to the amount set forth on Schedule 2.01(b)(ii) hereto opposite such Lender’s name under the caption “Tranche A-1 Term Loans”.
No prepayment of LIBO Loans shall be permitted pursuant to this SECTION 2.20 other than on the last day of an Interest Period applicable thereto, unless the Borrowers simultaneously reimburse the Tranche A-1 Term Lender for all "Breakage Costs" (as defined in Section (d) below) associated therewith.