Making of New Term Loans. On any Increase Effective Date on which new Commitments for Term Loans are effective, subject to the satisfaction of the foregoing terms and conditions, each Lender of such new Commitment shall make a Term Loan to Borrower in an amount equal to its new Commitment.
Making of New Term Loans. On any Increase Effective Date on which an Incremental Term Facility is effective, subject to the satisfaction of the foregoing terms and conditions, each Lender holding Incremental Term Loan Commitments shall make an Incremental Term Loan to the applicable Borrower in an amount equal to its Incremental Term Loan Commitment.
Making of New Term Loans. On any Increase Effective Date on which new Commitments for Incremental Term Loans are effective, subject to the satisfaction of the foregoing terms and conditions, each Lender of such new Commitment shall make a Term Loan to the Borrower in an amount equal to its new Commitment. On the date of the making of any Incremental Term Loans that will be added to an existing Tranche of Term Loans, and notwithstanding anything to the contrary set forth in, such Incremental Term Loans shall be added to (and constitute a part of) each Borrowing of outstanding Term Loans of the same Type with the same Interest Period of the respective Tranche on a pro rata basis (based on the relative sizes of the various outstanding Borrowings), so that each Lender will participate proportionately in each then outstanding borrowing of Term Loans, as applicable, of the same type with the same Interest Period of the respective Tranche. To the extent the foregoing requires that Lenders making new Incremental Term Loans add such Incremental Term Loans to the then outstanding borrowings of Eurodollar Loans of the respective Tranche of Term Loans, it is acknowledged that the effect thereof may result in such new Incremental Term Loans having short Interest Periods (i.e., an Interest Period that began during an Interest Period then applicable to outstanding Eurodollar Loans of the respective Tranche and which will end on the last day of such Interest Period). In connection therewith, it is hereby agreed that, to the extent the Incremental Term Loans are to be so added to the then outstanding Borrowings of Term Loans of such Tranche which are maintained as Eurodollar Loans, the Lenders that have made such Incremental Term Loans shall be entitled to receive from the Borrower such amounts, as reasonably determined by the respective Lenders, to compensate them for funding the new Incremental Term Loans of the respective Tranche during an existing Interest Period (rather than at the beginning of the respective Interest Period based upon rates then applicable thereto). All determinations by any Lender pursuant to the immediately preceding sentence shall, absent manifest error, be final and conclusive and binding on all parties hereto.
Making of New Term Loans. (i) On any Increase Effective Date on which new Commitments for Incremental Term Loans are effective, subject to the satisfaction or waiver of the foregoing terms and conditions, each Lender of such newwith an Incremental Term Loan Commitment shall make a term loan to Borrower in an amount equal to its Incremental Term Loan Commitment to be funded on such Increase Effective Date and (ii) on any date after such Increase Effective Date, with respect to any Incremental Term Loan Commitment for Incremental Term Loans to be made after such Increase Effective Date, subject to the satisfaction or waiver of the applicable Post-Increase Effective Date Conditions, each Lender with such Incremental Term Loan Commitment shall make a term loan to Borrower in an amount equal to its newIncremental Term Loan Commitment to be funded on such date.
Making of New Term Loans. Notwithstanding anything to the contrary contained in this Agreement but subject to the last sentence of this subsection (h), on any Increase Effective Date on which new Commitments for Term Loans are effective, subject to the satisfaction of the foregoing terms and conditions, each Lender of each new Commitment shall make a Term Loan to the Company in an amount equal to its new Commitment. On the 2018 Incremental Term Loan Funding Date, each 2018 Incremental Term Lender of each 2018 Incremental Term Commitment shall make a 2018 Incremental Term Loan to the Company in an amount equal to its 2018 Incremental Term Commitment.”
(m) The Credit Agreement is hereby amended by adding a new Section 4.03 to read as follows:
Making of New Term Loans. On any Additional Term Loan Effective Date, subject to the satisfaction of the foregoing terms and conditions, each Additional Term Lender shall make an Additional Term Loan to the Borrower in the amount so agreed pursuant to Section 2.17(a).
Making of New Term Loans. On any Facilities Increase Date on which new Commitments for Term Loans are effective, subject to the satisfaction of the foregoing terms and conditions, each Lender of such new Commitment shall make a Term Loan to Arby’s Opco Borrower or Holdco Co-Borrower, as the case may be, in an amount equal to its new Commitment.
Making of New Term Loans. On any Increase Effective Date on which Incremental Term Commitments become effective, subject to the satisfaction of the foregoing terms and conditions, each Lender providing an Incremental Term Commitment shall make an Incremental Term Loan to EnergySolutions in an amount equal to its Incremental Term Commitment. EnergySolutions shall cause the proceeds of any Incremental Term Loans, in respect of which it shall have made a Deposit L/C Increase Election in the notice delivered to the Administrative Agent pursuant to paragraph (a) of this Section 2.18, to be deposited in the Deposit L/C Escrow Account as collateral for the payment and performance of its reimbursement obligations to the Deposit Issuing Banks in respect of Deposit Letters of Credit, in the manner set forth in and subject to the provisions of Section 2.6(m), whereupon the Deposit L/C Specified Amount shall be automatically increased by an amount equal to the amount of such deposit.
Making of New Term Loans. On any Incremental Effective Date on which new Commitments for any Term Loans are effective, subject to the satisfaction of the foregoing terms and conditions, the Lender shall make a U.S. Term Loan to the Company or a Danish Term Loan to the Danish Borrower, as the case may be, in an amount equal to its new applicable Term Commitment.
Making of New Term Loans. On any Incremental Effective Date on which new Term B Loan Increases or Incremental Term B Loan Commitments are effective, subject to the satisfaction of the foregoing terms and conditions, each Term B Lender of such new Term B Loan Increases or Incremental Term B Loan Commitments shall make a Term B Loan to the Borrower in an amount equal to its Incremental Term B Loan Commitment.
