Common use of Initial Term Loan Clause in Contracts

Initial Term Loan. Subject to the terms and conditions hereof, each Term Loan Lender severally agrees to make the Initial Term Loan to the Borrower on the Closing Date in a principal amount equal to such Lender’s Term Loan Commitment as of the Closing Date. Pursuant to Section 14.22, the funding of the Initial Term Loan on the Closing Date shall fully refinance the outstanding “Initial Term Loans” under the Existing Credit Agreement. The Term Loan Commitment of each Term Loan Lender shall terminate upon the funding by such Term Loan Lender of its Initial Term Loan on the Closing Date.

Initial Term Loan. Subject to the terms and conditions hereofof this Agreement and the other Loan Documents, and in reliance upon the representations and warranties set forth in this Agreement and the other Loan Documents, each Term Loan Lender severally agrees to make the Initial Term Loan to the Borrower on the Closing Date in a principal amount equal to the amount of such LenderXxxxxx’s Initial Term Loan Commitment commitment as set forth on Schedule 1.1(a). Any obligation of the Closing Date. Pursuant Term Loan Lenders to Section 14.22, fund the Initial Term Loan shall terminate upon funding of the Initial Term Loan on the Closing Date shall fully refinance the outstanding “Initial Term Loans” under the Existing Credit Agreement. The Term Loan Commitment of each Term Loan Lender shall terminate upon the funding by such Term Loan Lender of its Initial Term Loan on the Closing Date.

Initial Term Loan. Subject to the terms and conditions hereofof this Agreement and the other Loan Documents, and in reliance upon the representations and warranties set forth in this Agreement and the other Loan Documents, each Term Loan Lender severally agrees to make the Initial Term Loan to the Parent Borrower on the Closing Date in a principal amount equal to the amount of such Lender’s Initial Term Loan Commitment commitment as set forth on Schedule 1.1(a). Any obligation of the Closing Date. Pursuant Term Loan Lenders to Section 14.22, fund the Initial Term Loan shall terminate upon funding of the Initial Term Loan on the Closing Date shall fully refinance the outstanding “Initial Term Loans” under the Existing Credit Agreement. The Term Loan Commitment of each Term Loan Lender shall terminate upon the funding by such Term Loan Lender of its Initial Term Loan on the Closing Date.

Initial Term Loan. Subject to the terms and conditions hereofof this Agreement and the other Loan Documents, and in reliance upon the representations and warranties set forth in this Agreement and the other Loan Documents, each Term Loan Lender severally agrees to make the Initial Term Loan to the Parent Borrower on the Closing Date in a principal amount equal to the amount of such LenderLxxxxx’s Initial Term Loan Commitment commitment as set forth on Schedule 1.1(a). Any obligation of the Closing Date. Pursuant Term Loan Lenders to Section 14.22, fund the Initial Term Loan shall terminate upon funding of the Initial Term Loan on the Closing Date shall fully refinance the outstanding “Initial Term Loans” under the Existing Credit Agreement. The Term Loan Commitment of each Term Loan Lender shall terminate upon the funding by such Term Loan Lender of its Initial Term Loan on the Closing Date.