Initial Term Loan Commitment. The New Amendment No. 5 Initial Term Loan Commitment of each New Amendment No. 5 Initial Term Lender shall terminate immediately and without any further action upon the making of its Amendment No. 5 Initial Term Loan on the Amendment No. 5 Effective Date.
Initial Term Loan Commitment. Subject to the terms and conditions hereof, each Lender severally agrees to make, on the Effective Date, an Initial Term Loan to Borrowers in an amount equal to such Lender’s Initial Term Loan Commitment. Borrowers may make only one borrowing under the Initial Term Loan Commitment which shall be on the Effective Date. Any amount borrowed under this Section 2.01(a) and subsequently repaid or prepaid may not be reborrowed. All amounts owed hereunder with respect to the Term Loan shall be paid in full no later than the Maturity Date. Each Lender’s Initial Term Loan Commitment shall terminate immediately and without further action on the Effective Date after giving effect to the funding of such Lender’s Initial Term Loan Commitment on such date in an amount equal to such Lender’s Applicable Percentage (calculated in accordance with clause (a) of the definition thereof) of such funded Initial Term Loan.
Initial Term Loan Commitment for any Lender, the obligation of such Lender to make a Initial Term Loan hereunder, up to the principal amount shown on Schedule 2.1.
Initial Term Loan Commitment. With respect to each Lender, the amount set forth on Schedule 1 hereto as the amount of such Lender’s commitment to make the Initial Term Loan to the Borrower pursuant to the terms of the Credit Agreement.
Initial Term Loan Commitment. Subject to the terms and conditions set forth herein, including, without limitation, satisfaction of the conditions set forth in Section 3.1, SunTrust Bank agrees to make a single term loan (the “Initial Term Loan”) to the Borrower on the Closing Date in a principal amount not to exceed its Initial Term Loan Commitment. Any portion of the Initial Term Loan Commitment not utilized by the Borrower on the Closing Date shall be terminated and cancelled on such date.
Initial Term Loan Commitment as to each Lender, its obligation to make Initial Term Loans to the Borrower pursuant to Section 2.1.1 in an aggregate principal amount not to exceed the amount set forth opposite such Lender’s name on Schedule 1.1 under the caption “Initial Term Loan Commitment” or opposite a comparable caption in the Assignment and Acceptance pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement. The initial aggregate amount of the Initial Term Loan Commitments of all Lenders is $175,000,000. Initial Term Facility: (a) on or prior to the Effective Date, the aggregate Initial Term Loan Commitments of all Lenders at such time and (b) thereafter, the aggregate Initial Term Loans of all Lenders at such time.
Initial Term Loan Commitment
