Tranche A-2 Term Loans has the meaning assigned to such term in Section 2.01(a)(ii).

Tranche A-2 Term Loans means, collectively, the term loans made by or on behalf of Tranche A-2 Lenders, jointly and severally, as provided for in Section 2.3 hereof; sometimes being referred to herein individually as a “Tranche A-2 Term Loan”.

Examples of Tranche A-2 Term Loans in a sentence

Subject to the other terms and conditions hereof, the Borrower may prepay the Tranche A-2 Term Loans pursuant to Section 2.05, subject to any subordination terms set forth herein.
Tranche A-2 Term Loans may be Base Rate Loans or Eurocurrency Rate Loans prior to the Amendment No. 16 Effective Date and, thereafter, shall be Fixed Rate Loans, as further provided herein.
On the Tranche A-2 Term Loan Maturity Date, all Tranche A-2 Term Loans shall be repaid in full.
Subject to the terms and conditions set forth in this Agreement, the Borrower and each of the Lenders agree that on the Effective Date but subject to the satisfaction of the conditions precedent set forth in Article VI, the Existing Tranche A-1 Term Loans and the Existing Tranche A-2 Term Loans shall be reevidenced as Tranche A-1 Term Loans and Tranche A-2 Term Loans under this Agreement.
Amounts paid or prepaid in respect of the Tranche A-2 Term Loans may not be reborrowed.

More Definitions of Tranche A-2 Term Loans

Tranche A-2 Term Loans means the Tranche A-2 Term Loans to be advanced to CMI pursuant to Section 2.01(b) and the Tranche A-2 Incremental Term Loan.

Tranche A-2 Term Loans to make Loans to the Borrower in a principal amount equal to the amount of such Lxxxxx’s Tranche B Commitment on the Applicable Funding Date for the Tranche B Term Loans (“Tranche B Term Loans”); and

Tranche A-2 Term Loans and the portion of the Facility relating thereto being the “Tranche A-2”). Amounts repaid or prepaid in respect of the Advances may not be reborrowed. Unused Commitments shall terminate at 4:00 p.m. (New York time) on the Final Loan Availability Date. The Advances may be ratable Floating Rate Advances or ratable LIBOR Rate Advances. This facility (“Facility”) is a term loan credit facility. Each Lender shall fund its applicable Percentage of each Advance and no Lender will be required to fund any amounts which would exceed such Lender’s then-current unused Commitment for the applicable Tranche. The initial Advances of the Tranche A-1 Term Loan shall be $226,000,000 and the Tranche A-2 Term Loan shall be $126,000,000 and the remaining Tranche A-1 Term Loan Commitment of $24,000,000 and Tranche A-2 Term Loan Commitment of $24,000,000 may be drawn in increments of $10,000,000 (with a concurrent draw of a Tranche A-1 Term Loan and Tranche A-2 Term Loan constituting a single drawing for purposes of satisfying such minimum requirement), in up to five (5) draws (in addition to the initial Advance) by Borrower’s (x) delivery of Borrowing Notice to Administrative Agent and (y) satisfaction of each of the applicable conditions to an Advance set forth in Section 4.1 and/or Section 4.2; provided, however, that, the final Advance may be in an amount less than $10,000,000 if it is in the amount of the unused Aggregate Commitments.

Tranche A-2 Term Loans shall be deemed to include the “Rolled Tranche A-2 Term Loans”.

Tranche A-2 Term Loans of which (i) $3,000,000 shall be new money loans and (ii) $9,000,000 shall be provided on a cashless basis by each Lender pursuant to the exchange set forth in Section 3 of the First Amendment; and