2Subsequent Term Loan Sample Clauses
2Subsequent Term Loan. So long as no Material Adverse Effect, Default or Event of Default has occurred and is continuing or would be caused thereby and the Subsequent Term Loan Conditions have been satisfied on or before the Fiscal Quarter ending September 30, 2023, upon Agent’s receipt of a written request from Borrower, on or before the date that the financial statements with respect to such Fiscal Quarter are required to be delivered in accordance with Section 6.1.2(a) hereof, for a subsequent advance of the Term Loan, each Lender shall make one (1) additional advance (within five (5) Business Days of receipt by Agent of such written request for advance) to Borrower in the amount equal to, but not less than, such lender’s Pro Rata Share of Four Million and No/100 Dollars ($4,000,000).
2Subsequent Term Loan. Borrower may, no later than the date occurring on the twelve (12) month anniversary of the Closing Date, request, in writing, a subsequent advance of the Term Loan and, so long as no Material Adverse Effect, Default or Event of Default has occurred and is continuing or would be caused thereby, each Lender shall make one (1) additional advance (within five (5) Business Days of receipt by Agent of such written request for advance) to Borrower in the amount equal to, but not less than, such lender’s Pro Rata Share of Five Million and No/100 Dollars ($5,000,000).