Common use of Canadian Term A Commitments and Additional Canadian Term A Commitments Clause in Contracts

Canadian Term A Commitments and Additional Canadian Term A Commitments. On the terms and subject to the conditions contained in this Agreement, each Canadian Term A Lender severally agrees to make a loan (each a “Canadian Term A Loan”) in Canadian Dollars to the Canadian Borrower on (x) the Closing Date, in an amount equal to such Canadian Term A Lender’s Canadian Term A Commitment and (y) the Incremental Amendment No. 1 Effective Date, in an amount equal to such Canadian Term A Lender’s Additional Canadian Term A Commitment. Amounts of Canadian Term A Loans repaid or prepaid may not be reborrowed.

Appears in 5 contracts

Samples: Incremental Amendment (Aramark), Incremental Amendment (Aramark), Credit Agreement (Aramark)

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