Common use of Refinancing Term Loans Clause in Contracts

Refinancing Term Loans. Subject to the terms and conditions set forth herein and Amendment No. 2, each Refinancing Lender (as defined in Amendment No. 2) with a Refinancing Term Commitment (as defined in Amendment No. 2) severally agrees to make to the Borrower a single loan denominated in Dollars in a principal amount equal to such Refinancing Xxxxxx’s Refinancing Term Commitment on the Amendment No. 2 Effective Date. Amounts borrowed under this Section 2.01(a)(iii) and repaid or prepaid may not be reborrowed. The Initial Term Loans made pursuant to this Section 2.01(a)(iii) may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.

Appears in 2 contracts

Samples: Credit Agreement (Frontier Communications Parent, Inc.), Credit Agreement (Frontier Communications Parent, Inc.)

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Refinancing Term Loans. Subject to the terms and conditions set forth herein and Amendment No. 2, each Refinancing Lender (as defined in Amendment No. 2) with a Refinancing Term Commitment (as defined in Amendment No. 2) severally agrees to make to the Borrower a single loan denominated in Dollars in a principal amount equal to such Refinancing XxxxxxLender’s Refinancing Term Commitment on the Amendment No. 2 Effective Date. Amounts borrowed under this Section 2.01(a)(iii) and repaid or prepaid may not be reborrowed. The Initial Term Loans made pursuant to this Section 2.01(a)(iii) may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.

Appears in 2 contracts

Samples: Credit Agreement (Frontier Communications Parent, Inc.), Credit Agreement (Frontier Communications Corp)

Refinancing Term Loans. Subject to the terms and conditions set forth herein and Amendment No. 2, each Refinancing Lender (as defined in Amendment No. 2) with a Refinancing Term Commitment (as defined in Amendment No. 2) severally agrees to make to the Borrower a single loan denominated in Dollars in a principal amount equal to such Refinancing Xxxxxx’s Refinancing Term Commitment on the Amendment No. 2 Effective Date. Amounts borrowed under this Section 2.01(a)(iii) and repaid or prepaid may not be reborrowed. The Initial Term Loans made pursuant to this Section 2.01(a)(iii) may be Base Rate Loans or Eurocurrency EurocurrencyAdjusted Term SOFR Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Libor Hardwire Transition Amendment (Frontier Communications Parent, Inc.)

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Refinancing Term Loans. Subject to the terms and conditions set forth herein and Amendment No. 2, each Refinancing Lender (as defined in Amendment No. 2) with a Refinancing Term Commitment (as defined in Amendment No. 2) severally agrees to make to the Borrower a single loan denominated in Dollars in a principal amount equal to such Refinancing XxxxxxLexxxx’s Refinancing Term Commitment on the Amendment No. 2 Effective Date. Amounts borrowed under this Section 2.01(a)(iii) and repaid or prepaid may not be reborrowed. The Initial Term Loans made pursuant to this Section 2.01(a)(iii) may be Base Rate Loans or Eurocurrency Adjusted Term SOFR Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Frontier Communications Parent, Inc.)

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