Common use of Initial Term Loan Clause in Contracts

Initial Term Loan. Subject to the terms and conditions of this Agreement, each Lender, severally and not jointly, agrees to make, and shall make, a single advance Loan on a non-revolving basis to Borrowers on the Closing Date, in an amount for such Lender equal to its Percentage Interest of the Initial Term Loan Commitment (the “Initial Term Loan”).

Initial Term Loan. Subject to the terms and conditions of this Agreement, each Lender, severally and not jointly, agrees to make, and shall makehereby makes, a single advance Loan on a non-revolving non‑revolving basis to Borrowers on the Closing Date, in an amount for such Lender equal to its Percentage Interest of the Initial Term Loan Commitment (the “Initial Term Loan”).

Initial Term Loan. Subject to the terms and conditions of set forth in this AgreementAgreement (including, without limitation, Article VIII), each Lender, severally and not jointly, agrees to make, and shall make, make a single advance Loan on a non-revolving basis simultaneous loan to Borrowers Borrower on the Closing Date, Date in an the amount for of such Lender equal to its Percentage Interest of the Initial Lender’s Term Loan Commitment (the “Initial Term Loan”)Commitment.