Common use of Second Lien Term Facility Clause in Contracts

Second Lien Term Facility. (i) The Second Lien Credit Documents required by the terms of the Second Lien Credit Agreement shall have been duly executed and delivered by each Credit Party party thereto to the Second Lien Administrative Agent and shall be in full force and effect and (ii) the Second Lien Creditors shall have funded (or will fund substantially concurrently with the initial funding of the Loans) $65,000,000 of the Second Lien Term Loans pursuant thereto (net of fees and expenses if so elected by the Second Lien Administrative Agent).

Second Lien Term Facility. (i) The Second Lien Credit Documents required by the terms of the Second Lien Credit Agreement shall have been duly executed and delivered by each Credit Party party thereto to the Second Lien Administrative Agent and shall be in full force and effect and (ii) the Second Lien Creditors Creditorsthere shall have been funded (or will fund fundhave been funded substantially concurrently with the initial funding of the Loans) $65,000,000 of the Second Lien Term Loans pursuant thereto (net of fees and expenses if so elected by the Second Lien Administrative Agent).

Second Lien Term Facility. (i) The Second Lien Credit Documents Facility Documentation required by the terms of the Second Lien Credit Agreement shall have been duly executed and delivered by each Credit Loan Party party thereto to the Second Lien Administrative Agent and shall be in full force and effect effect, and (ii) substantially contemporaneously with the funding of the Facilities, the Second Lien Creditors Facility shall have funded (or will fund substantially concurrently with the initial funding of the Loans) $65,000,000 of the Second Lien Term Loans pursuant thereto (net of fees and expenses if so elected by the Second Lien Administrative Agent).be funded;