Common use of First Lien Term Facility Clause in Contracts

First Lien Term Facility. (i) The First Lien Credit Documents required by the terms of the First Lien Credit Agreement shall have been duly executed and delivered by each Credit Party party thereto to the First Lien Administrative Agent and shall be in full force and effect and (ii) the First Lien Creditors shall have funded (or will fund substantially concurrently with the initial funding of the Loans) $235,000,000 of the First Lien Term Loans pursuant thereto (net of fees and expenses if so elected by the First Lien Administrative Agent).