Maximum Note Amount Sample Clauses
Maximum Note Amount. Each Lender severally agrees to make available to Borrower, at any time prior to the Availability Termination Date, such Lender’s Percentage Share of (i) a senior secured revolving loan (the “Revolving Loan”) not to exceed $80,000,000 (the “Revolving Loan Note Amount”), (ii) a senior secured term loan (the “Term Loan”) not to exceed $50,000,000 (the “Term Loan Note Amount”), and (iii) a senior secured bridge term loan (the “Bridge Loan”) not to exceed $20,000,000 (the “Bridge Loan Note Amount”) subject to the terms and conditions of this Agreement. Lenders do not intend to advance Borrower any amount in excess of the Note Amount. If, however, the obligations of Borrower under the Loan at any time exceed the Note Amount, all amounts owing by Borrower to Lenders under this Agreement will nevertheless constitute Obligations and will be entitled to the benefit of Administrative Agent’s Liens on the Collateral.
Maximum Note Amount. Each Lender severally agrees to make available to Borrower, at any time prior to the Availability Termination Date, such Lender’s Percentage Share of (i) a senior secured revolving loan (the “Revolving Loan”) not to exceed $100,000,000 (the “Revolving Loan Note Amount”) and (ii) a senior secured term loan (the “Term Loan”) not to exceed $50,000,000 (the “Term Loan Note Amount”), subject to the terms and conditions of this Agreement. Lenders do not intend to advance Borrower any amount in excess of the Note Amount. If, however, the obligations of Borrower under the Loan at any time exceed the Note Amount, all amounts owing by Borrower to Lenders under this Agreement will nevertheless constitute Obligations and will be entitled to the benefit of Administrative Agent’s Liens on the Collateral.
