Tranche A Term Loan Commitment Percentage definition

Tranche A Term Loan Commitment Percentage means, for any Lender, the percentage identified as its Tranche A Term Loan Commitment Percentage on Schedule 2.1(a), as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 11.3.

Tranche A Term Loan Commitment Percentage as to any Tranche A Lender at any time, the percentage of the aggregate Tranche A Term Loan Commitments then constituted by such Lender's Tranche A Term Loan Commitment (or, after the Tranche A Term Loans are made, the percentage of the aggregate outstanding principal amount of the Tranche A Term Loans then constituted by the principal amount of such Tranche A Lender's Tranche A Term Loan).

Tranche A Term Loan Commitment Percentage means, for any Lender, the percentage identified as its Tranche A Term Loan Commitment Percentage on SCHEDULE 2.1(a), as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 9.6.

Examples of Tranche A Term Loan Commitment Percentage in a sentence

• The Tranche A Term Loan made by each Lender shall be evidenced by a duly executed promissory note of the Borrower to each applicable Lender in the face amount of its Tranche A Term Loan Commitment Percentage of the Tranche A Term Loan Committed Amount in substantially the form of Exhibit 2.3(d).

• The portion of the Tranche A Term Loan made by each Lender shall be evidenced by a duly executed promissory note of the Borrower to such Lender in an original principal amount equal to such Lender's Tranche A Term Loan Commitment Percentage of the Tranche A Term Loan and substantially in the form of Exhibit 2.4(f).

• On the Effective Date, each applicable Lender will make its Tranche A Term Loan Commitment Percentage of the Tranche A Term Loan Committed Amount available to the Administrative Agent by deposit, in Dollars and in immediately available funds, at the offices of the Administrative Agent at its principal office in Charlotte, North Carolina or at such other address as the Administrative Agent may designate in writing.

• Each Tranche A Term Loan shall be made by a Tranche A Term Loan Lender pro rata based on such Lender's Tranche A Term Loan Commitment Percentage.

• Subject to the terms and conditions hereof and in reliance upon the representations and warranties set forth herein, each Lender severally, but not jointly, agrees to make available to the Borrower on the Closing Date such Lender's Tranche A Term Loan Commitment Percentage of a term loan in Dollars (the "Tranche A Term Loan") in the aggregate principal amount of FORTY MILLION DOLLARS ($40,000,000) (the "Tranche A Term Loan Committed Amount") for the purposes set forth in Section 3.11.

More Definitions of Tranche A Term Loan Commitment Percentage

Tranche A Term Loan Commitment Percentage means, for each Tranche A Term ----------------------------------------- Lender, a fraction (expressed as a percentage) the numerator of which is the amount of the Tranche A Term Loan Commitment of such Lender at such time and the denominator of which is the aggregate amount of the Tranche A Term Loan Commitment at such time. The initial Tranche A Term Loan Commitment Percentages are set out on Schedule 2.1. ------------

Tranche A Term Loan Commitment Percentage of any Lender at any time means (i) prior to the incurrence of Tranche A Term Loans on the Closing Date, a fraction (expressed as a percentage) the numerator of which is the Tranche A Term Loan Commitment of such Lender at such time and the denominator of which is the Aggregate Tranche A Term Loan Commitment at such time and (ii) at any time thereafter, a fraction (expressed as a percentage) the numerator of which is the outstanding Tranche A Term Loans of such Lender at such time and the denominator of which is the aggregate outstanding Tranche A Term Loans of all Lenders at such time.

Tranche A Term Loan Commitment Percentage means, for each Lender, the Tranche A-1 Term Loan Commitment Percentage and/or the Tranche A-2 Term Loan Commitment Percentage, as the context requires.

Tranche A Term Loan Commitment Percentage means, with respect to any Tranche A Term Loan Lender, the ratio of (a) the amount of the Tranche A Term Loan Commitment of such Lender to (b) the Tranche A Term Loan Commitments.

Tranche A Term Loan Commitment Percentage means, for each New Credit Agreement Lender, the percentage identified as its Tranche A Term Loan Commitment Percentage on Schedule 1.1(a), as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 11.3. "Tranche A Term Loan Committed Amount" means TWENTY MILLION DOLLARS ($20,000,000.00). "Tranche A Term Loan Maturity Date" means June 26, 2002. "Tranche A Term Loan Note" or "Tranche A Term Loan Notes" means the promissory notes of the Borrower in favor of each of the New Credit Agreement Lenders evidencing the Tranche A Term Loans provided pursuant to Section 2.3(a), individually or collectively, as appropriate, as such promissory notes may be amended, modified, supplemented, extended, renewed or replaced from time to time as evidenced in the form of Exhibit 2.6(b). "Tranche B Term Loan Committed Amount" means THIRTY-FIVE MILLION DOLLARS ($35,000,000). "Tranche B Term Loan Commitment Percentage" means, for a Supplemental Credit Lender, the percentage identified as its Tranche B Term Loan Commitment Percentage on Schedule 1.1(a) of the Supplemental Credit Agreement, as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 11.3 of the Supplemental Credit Agreement. "Tranche B Term Loan Note" or "Tranche B Term Loan Notes" means the promissory notes of the Borrower in favor of the Supplemental Credit Lenders having a Tranche B Term Loan Commitment Percentage evidencing the Tranche B Term Loans provided pursuant to Section 2.1 of the Supplemental Credit Agreement, individually or collectively, as appropriate, as such promissory notes may be amended, modified, supplemented, extended, renewed or replaced from time to time as evidenced in the form of Exhibit 2.4(b) of the Supplemental Credit Agreement.

Tranche A Term Loan Commitment Percentage means, as to each Lender with a Tranche A Term Loan Commitment, the ratio, expressed as a percentage, of (a) the amount of such Lender’s Tranche A Term Loan Commitment to (b) the aggregate amount of the Tranche A Term Loan Commitments of all Lenders; provided that if at the time of determination the Tranche A Term Loan Commitments have been terminated or been reduced to zero (0), the “Tranche A Term Loan Commitment Percentage” of each Lender with a Tranche A Term Loan Commitment shall be the “Tranche A Term Loan Commitment Percentage” of such Lender in effect immediately prior to such termination or reduction (after giving effect to any assignments made by or to such Lender).

Tranche A Term Loan Commitment Percentage means, with respect ----------------------------------------- to any Tranche A Term Loan Lender, the ratio of (a) the amount of the Tranche A Term Loan Commitment of such Lender to (b) the Tranche A Term Loan Commitments.