Examples of Tranche A Commitment Termination Date in a sentence
The Borrower will, commencing on the first March 31st following the Tranche A Commitment Termination Date and on each March 31st thereafter, pay (or cause to be paid) to the Administrative Agent, as a prepayment of the Loans and other Obligations then outstanding, an aggregate amount equal to 50% of Excess Cash Flow for the fiscal year then most recently ended.
Subject to the terms and conditions of this Agreement (including, without limitation, Section 2.13(a)), each Tranche A Lender severally agrees to make one or more loans to the Borrower from time to time from and including the Closing Date to but excluding the Tranche A Commitment Termination Date up to but not exceeding the amount of such Tranche A Lender's Tranche A Commitment as then in effect.
Any unutilized Tranche A Term Commitments shall automatically terminate on the Tranche A Commitment Termination Date.
A prorated portion of such fee shall be payable by the Borrower in arrears on each Quarterly Payment Date, and on the earlier of the Tranche A Availability Termination Date or the Tranche A Commitment Termination Date for any period then ending for which such fee shall not theretofore have been paid, commencing on the first such date after the issuance of such Letter of Credit.
Such fee shall be paid to US Agent for the benefit of the US Tranche A Lenders in arrears, on the first Business Day of each month and on the US Tranche A Commitment Termination Date.