Common use of Second Amendment Term Loan Clause in Contracts

Second Amendment Term Loan. (i) Subject to the terms and conditions of this Agreement and relying on the representations and warranties set forth herein, each Lender, severally and not jointly, agrees to provide its share of the Second Amendment Term Loan to Borrower on the Second Amendment Date in Dollars in a principal amount equal to such Lender’s Second Amendment Date Commitment. No Lender shall have an obligation to make a Second Amendment Term Loan in excess of such Lender’s Second Amendment Date Commitment.

Appears in 3 contracts

Samples: Forbearance Agreement (Icagen, Inc.), Forbearance Agreement (Icagen, Inc.), Forbearance Agreement (Icagen, Inc.)

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Second Amendment Term Loan. (ia) Subject to the terms and conditions of this Agreement and relying Agreement, on the representations and warranties set forth hereinSecond Amendment Effective Date, each Term Loan Lender with a Second Amendment Term Loan Commitment agrees (severally, not jointly or jointly and severally) to make term loans (collectively, the “Second Amendment Term Loan”) to Borrower in an amount equal to such Lender, severally and not jointly, agrees to provide its share ’s Pro Rata Share of the Second Amendment Term Loan to Borrower on the Second Amendment Date in Dollars in a principal amount equal to such Lender’s Second Amendment Date Commitment. No Lender shall have an obligation to make a Second Amendment Term Loan in excess of such Lender’s Second Amendment Date CommitmentAmount.

Appears in 1 contract

Samples: Credit Agreement (Paycor Hcm, Inc.)

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