Common use of Nature of Lenders’ Obligations with Respect to Term Loans; Repayment Terms Clause in Contracts

Nature of Lenders’ Obligations with Respect to Term Loans; Repayment Terms. The obligations of each Lender to make a Term Loan to the Borrower shall be in the proportion that such Lender's Term Loan Commitment bears to the Term Loan Commitments of all Lenders to the Borrower, but each Lender's Term Loan to the Borrower shall never exceed its Term Loan Commitment. The failure of any Lender to make a Term Loan shall not relieve any other Lender of its obligations to make a Term Loan nor shall it impose any additional liability on any other Lender hereunder. The Lenders shall have no obligation to make Term Loans hereunder after the Closing Date. The Term Loan Commitments are not revolving credit commitments, and the Borrower shall not have the right to borrow, repay and reborrow under Section 3.1 [Term Loan Commitments]. Payments of principal on the Term Loans shall be on the first Business Day following each fiscal quarter end of the Borrower and on the Maturity Date in the amount indicated below:

Nature of Lenders’ Obligations with Respect to Term Loans; Repayment Terms. The obligations of each Lender to make a Term Loan Loans to the Borrower shall be in the proportion that such Lender's ’s Term Loan Commitment bears to the Term Loan Commitments of all Lenders to the Borrower, but each Lender's ’s Term Loan to the Borrower shall never exceed its Term Loan Commitment. The failure of any Lender to make a Term Loan shall not relieve any other Lender of its obligations to make a Term Loan nor shall it impose any additional liability on any other Lender hereunder. The If no Term Loans are drawn prior to the Term Loan Draw Expiration Date, the Lenders shall have no obligation to make Term Loans hereunder after the Closing Datehereunder. The Term Loan Commitments are not revolving credit commitments, and the Borrower shall not have the right to borrow, repay and reborrow under Section 3.1 2.16 [Term Loan Commitments]. Payments of principal on the Term Loans shall be on the first Business Day following each fiscal quarter end of the Borrower and on the Maturity Date in the amount indicated below:.

Nature of Lenders’ Obligations with Respect to Term Loans; Repayment Terms. The obligations of each Lender to make a Term Loan Loans to the Borrower Borrowers shall be in the proportion that such Lender's Xxxxxx’s Term Loan Commitment bears to the Term Loan Commitments of all Lenders to the BorrowerBorrowers, but each Lender's ’s Term Loan to the Borrower Borrowers shall never exceed its Term Loan Commitment. The failure of any Lender to make a Term Loan shall not relieve any other Lender of its obligations to make a Term Loan nor shall it impose any additional liability on any other Lender hereunder. The Lenders shall have no obligation to make Term Loans hereunder after the Closing Date. The Term Loan Commitments are not revolving credit commitments, and the Borrower Borrowers shall not have the right to borrow, repay and reborrow under Section 3.1 [Term Loan Commitments]. Payments The principal balance of principal on the Term Loans shall be on due and payable in consecutive quarterly installments determined by, and as set forth in, the first Business Day following each fiscal quarter end of the Borrower and on the Maturity Date in the amount indicated below:table set forth below (subject,

Nature of Lenders’ Obligations with Respect to Term Loans; Repayment Terms. The obligations of each Lender to make a Term Loans to the Borrowers shall equal its Ratable Share of the requested Term Loan; provided that no Lender’s Term Loan to the Borrower shall be in the proportion that such Lender's Term Loan Commitment bears to the Term Loan Commitments of all Lenders to the Borrower, but each Lender's Term Loan to the Borrower shall never exceed its Term Loan Commitment. The failure of any Lender to make a Term Loan shall not relieve any other Lender of its obligations to make a Term Loan nor shall it impose any additional liability on any other Lender hereunder. The Lenders shall have no obligation to make Term Loans hereunder after the Closing Date, and any portion of the Term Loan Commitment not drawn on the Closing Date shall automatically expire. The Term Loan Commitments are not revolving credit commitments, and the Borrower Borrowers shall not have the right to borrow, repay and reborrow under Section 3.1 [Term Loan Commitments]. Payments of principal on the Term Loans shall be on the first Business Day following each fiscal quarter end of the Borrower and on the Maturity Date in the amount indicated below:3.1.

Nature of Lenders’ Obligations with Respect to Term Loans; Repayment Terms. The obligations of each Lender to make a Term Loan to the Borrower shall be in the proportion that such Lender's ’s Term Loan Commitment bears to the Term Loan Commitments of all Lenders to the Borrower, but each Lender's ’s Term Loan to the Borrower shall never exceed its Term Loan Commitment. The failure of any Lender to make a Term Loan shall not relieve any other Lender of its obligations to make a Term Loan nor shall it impose any additional liability on any other Lender hereunder. The Lenders shall have no obligation to make Term Loans hereunder after the Closing Date. The Term Loan Commitments are not revolving credit commitments, and the Borrower shall not have the right to borrow, repay and reborrow under Section 3.1 [Term Loan Commitments]. Payments of principal on the Term Loans shall be on the first Business Day following each fiscal quarter end of the Borrower and on the Maturity Date in the amount indicated below:

Nature of Lenders’ Obligations with Respect to Term Loans; Repayment Terms. The obligations of each Lender to make a Term Loan to the Borrower shall be in the proportion that such Lender's Xxxxxx’s Term Loan Commitment bears to the Term Loan Commitments of all Lenders to the Borrower, but each Lender's ’s Term Loan to the Borrower shall never exceed its Term Loan Commitment. The failure of any Lender to make a Term Loan shall not relieve any other Lender of its obligations to make a Term Loan nor shall it impose any additional liability on any other Lender hereunder. The Lenders shall have no obligation to make Term Loans hereunder after the Closing Date. The Term Loan Commitments are not revolving credit commitments, and the Borrower shall not have the right to borrow, repay and reborrow under Section 3.1 [Term Loan Commitments]. Payments of principal on the Term Loans shall be on the first Business Day following each fiscal quarter end of the Borrower and on the Maturity Date in the amount indicated below:

Nature of Lenders’ Obligations with Respect to Term Loans; Repayment Terms. The obligations of each Lender to make a Term Loan Loans to the Borrower Borrowers shall be in the proportion that such Lender's ’s Term Loan Commitment bears to the aggregate Term Loan Commitments of all Lenders to the BorrowerBorrowers, but each Lender's ’s Term Loan to the Borrower Borrowers shall never exceed its individual Term Loan Commitment. The failure of any Lender to make a Term Loan shall not relieve any other Lender of its obligations to make a Term Loan nor shall it impose any additional liability on any other Lender hereunder. The Lenders shall have no obligation to make Term Loans hereunder after the Closing Dateexpiration of the Delayed Draw Term Loan Commitment Period. The Term Loan Commitments are not revolving credit commitments, and the Borrower Borrowers shall not have the right to borrow, repay and reborrow under Section 3.1 [Term Loan Commitments]. Payments of principal on the Term Loans shall be on the first Business Day following each fiscal quarter end of the Borrower and on the Maturity Date in the amount indicated below:.