Examples of USD Term A Loans in a sentence
Each USD Term A Lender’s USD Term A Commitment shall expire immediately and without further action on the last day of the Certain Funds Period after giving effect to all USD Term A Loans made or to be made on or before such date.
The USD Term A Loans (i) shall be denominated in Dollars and (ii) shall be made as Base Rate Loans or as Eurocurrency Loans with an initial Interest Period of 3 months and shall be maintained as Base Rate Loans or Eurocurrency Loans.
The USD Term A Commitments shall automatically and permanently terminate upon the funding by the USD Term A Lenders of the USD Term A Loans.
All proceeds of the USD Term A Loans incurred pursuant to the SecondFifth Amendment shall be used by Company and its Subsidiaries (i) to refinance in full the USD Term A Loans (and Revolving Loans (each as defined hereunder immediately prior to giving effect to the SecondFifth Amendment) and (ii) to pay fees and expenses incurred in connection with the SecondFifth Amendment.
Each USD Term A Lender hereby severally agrees to provide a USD Term A Commitment in an amount set forth opposite its name under the column entitled “USD Term A Commitment” on Schedule 1.1(a) to the Amended Credit Agreement and (subject to the satisfaction of the conditions precedent set forth in Article IV) to fund USD Term A Loans on the Fifth Amendment Effective Date in a principal amount equal to the amount of its USD Term A Commitments.
The Administrative Agent’s receipt of (i) the scheduled payment of interest on the Loans in the amount of $12,099,705.53 that was due and payable on or about February 2, 2024 in accordance with Section 2.12(c) of the Credit Agreement and (ii) a principal payment in the amount of $10,900,294.47 to be applied to the USD Term A Loans.
Each USD Term A Lender’s USD Term A Commitment shall expire immediately and without further action on the SecondFifth Amendment Effective Date after giving effect to all USD Term A Loans made or to be made on or before such date.
On the Fifth Amendment Effective Date, each USD Term A Lender shall become a “Lender”, a “USD Term A Lender” and a “Term Lender” under the Amended Credit Agreement and shall be bound by the provisions of the Amended Credit Agreement as a Lender holding USD Term A Commitments (and from and after the funding thereof in accordance with this Amendment and the Amended Credit Agreement, USD Term A Loans).
The USD Term A Loans (i) shall be denominated in Dollars and (ii) shall be made as Base Rate Loans or as EurocurrencySOFR Loans and shall be maintained as Base Rate Loans or EurocurrencySOFR Loans.
On the Second Amendment Effective Date, each USD Term A Lender shall become a “Lender”, a “USD Term A Lender” and a “Term Lender” under the Amended Credit Agreement and shall be bound by the provisions of the Amended Credit Agreement as a Lender holding USD Term A Commitments (and from and after the funding thereof in accordance with this Amendment and the Amended Credit Agreement, USD Term A Loans).