New 2023 Refinancing Term Loans Sample Clauses

New 2023 Refinancing Term Loans. (i) Subject to the satisfaction (or waiver) of the conditions set forth in Section 2 hereof and in reliance upon the representations and warranties set forth in Section 3 hereof, the New 2023 Refinancing Term Loan Lenders severally, but not jointly, hereby agree to (x) make New 2023 Refinancing Term Loans to the Borrower on the Amendment No. 11 Effective Date in the aggregate principal amount of such New 2023 Refinancing Term Loan Lender’s New 2023 Refinancing Term Loan Commitment (as defined below) and/or (y) convert their Existing Term Loans into New 2023 Refinancing Term Loans pursuant to Section 6(f), as applicable. (ii) The Administrative Agent has prepared a schedule attached hereto as Schedule A (the “New 2023 Refinancing Term Loan Commitment Schedule”) which sets forth the “New 2023 Refinancing Term Loan Commitment” of each New 2023 Refinancing Term Loan Lender set forth therein. (iii) The New 2023 Refinancing Term Loans shall be designated as a new Class of Term Loans under the Credit Agreement, with terms and provisions identical to the Existing Term Loans, except as set forth herein.