Examples of Term Loan in a sentence
The failure of any Lender to make its Term Loan required to be made by it shall not relieve any other Lender of its obligations hereunder, provided that the Commitments of the Lenders are several and no Lender shall be responsible for any other Lender’s failure to make Term Loans as required.
To request a Term Loan Borrowing on the Effective Date or, First Amendment Effective Date or Second Amendment Effective Date, as applicable, the Borrower shall notify the Administrative Agent of such request in writing not later than 1:00 p.m., New York City time, two (2) Business Days2 before the date of the proposed Borrowing.
To request a Term Loan Borrowing on the Effective Date or First Amendment Effective Date, as applicable, the Borrower shall notify the Administrative Agent of such request in writing not later than 1:00 p.m., New York City time, two (2) Business Days2 before the date of the proposed Borrowing.
Subject to the terms and conditions set forth herein, each Term Lender agrees to make a Term Loan to the Borrower on the Effective Date, in a principal amount not exceeding its Term Loan Commitment.
ARES DIVERSIFIED CREDIT STRATEGIES FUND (S), L.P., as an Existing Lender By: Ares Management LLC, its investment manager By: Ares Management LLC, its sub-advisor By: /s/ Xxxx Xxxxxxxx Name: Xxxx Xxxxxxxx Title: Authorized Signatory SCHEDULE I Second Amendment Effective Date Term Loan Commitments ANNEX A Credit Agreement See attached.