Term Borrowings. Subject to the terms and conditions set forth herein, each Term Lender severally agrees to make to the Borrower on the Closing Date one or more Initial Term Loans denominated in Dollars in an aggregate principal amount equal to such Term Lender’s Term B Commitment on the Closing Date. Amounts borrowed under this Section 2.01 and repaid or prepaid may not be reborrowed. The Initial Term Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein. Subject to and upon the terms and conditions set forth in Incremental Amendment No. 1, on the Incremental Amendment No. 1 Effective Date, each Lender having a New 2014 Initial Term Loan Commitment severally agrees to make a loan or loans to the Borrower in a single drawing denominated in Dollars, which New 2014 Initial Term Loans (i) shall not exceed, for any such Lender, the New 2014 Initial Term Loan Commitment of such Lender and (ii) shall not exceed, in the aggregate, the Total New 2014 Initial Term Loan Commitment. Subject to and upon the terms and conditions set forth in Incremental Amendment No. 1, on a single Business Day (the “Delayed Draw Borrowing Date”) during the 2014 Delayed Draw Term Loan Availability Period, each Lender having a New 2014 Delayed Draw Term Loan Commitment severally agrees to make a loan or loans to the Borrower in a single drawing denominated in Dollars, which New 2014 Delayed Draw Term Loans (i) shall not exceed, for any such Lender, the New 2014 Delayed Draw Term Loan Commitment of such Lender and (ii) shall not exceed, in the aggregate, the Total New 2014 Delayed Draw Term Loan Commitment. The Initial Term Loans and New 2014 Term Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein. Amounts borrowed under this Section 2.01 and repaid or prepaid may not be reborrowed.
Term Borrowings. Subject to the terms and conditions expressly set forth herein, each Term Lender severally agrees to make to the Borrower on the Closing Date one or more Term Borrowings of Initial Term Loans denominated in Dollars in an aggregate amount not to exceed at any time outstanding the amount of such Term Lender’s Initial Term Commitment. Amounts borrowed under this Section 2.01(a) and repaid or prepaid may not be re-borrowed. Term Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.
Term Borrowings. Subject to the terms and conditions of this Agreement and in reliance upon the representations and warranties of the Credit Parties contained herein, each Lender with an Initial Term Loan Commitment severally and not jointly agreed to lend to the Borrower, on the Closing Date, the amount set forth opposite such Xxxxxx’s name in Schedule 1.1(a) under the heading “Initial Term Loan Commitments”. Amounts repaid or prepaid in respect of the Initial Term Loans may not be reborrowed.
Term Borrowings. Subject only to the terms and conditions set forth in Section 4.02 hereof, each Term Lender severally agrees to make to the Borrower on the Closing Date the Closing Date Term Loans denominated in Dollars in an aggregate principal amount equal to such Term Lender’s Closing Date Term Loan Commitment on the Closing Date. Amounts borrowed under this Section 2.01(1) and repaid or prepaid may not be reborrowed. The Closing Date Term Loans may be Base Rate Loans or LIBO Rate Loans, as further provided herein.
Term Borrowings. In the case of the initial Revolving Borrowing, the fact that prior to, or concurrently with, such Revolving Borrowing, the Borrower has made a Term B Borrowing in the full amount of the Term B Commitments. The delivery of each Notice of Borrowing, Swing Line Loan Request and each request for a Letter of Credit shall constitute a representation and warranty by the Loan Parties of the correctness of the matters specified in subsections (b), (c) and (d) above.
Term Borrowings. Subject to the terms and conditions set forth in Section 4.01 hereof, each Term Lender severally agrees to make to the Borrower on the Closing Date one or more Closing Date Term Loans denominated in Dollars in an aggregate principal amount equal to such Term Lender’s Closing Date Term Loan Commitment on the Closing Date. Amounts borrowed under this Section 2.01(1) and repaid or prepaid may not be reborrowed. The Closing Date Term Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.
Term Borrowings. Subject to the terms and conditions set forth herein, the Lender agrees to make (i) a single loan to the Borrower, in Dollars, on any Business Day during the Availability Period for the Tender Offer Term Borrowing, for the purpose of funding the purchase price of the Tender Offer and the reasonable and customary fees and expenses incurred by the Borrower in connection therewith, in an amount not to exceed $25,000,000, and (ii) one or more loans to the Borrower, in Dollars, from time to time, on any Business Day during the Availability Period for Delayed Draw Term Borrowings under the Term Facility, in an aggregate amount not to exceed the Delayed Draw Commitment Amount. Each Term Borrowing shall consist of Term Loans made simultaneously by the Lender in accordance with the Term Commitment. Term Borrowings repaid or prepaid may not be reborrowed. Term Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein; provided, however, any Term Borrowing made on the Restatement Date or any of the three (3) Business Days following the Restatement Date shall be made as Base Rate Loans.
Term Borrowings. Subject to the terms and conditions set forth herein, each Term Lender severally agrees to make a single loan to the Borrower on the Closing Date in an amount not to exceed such Term Lender’s Term Commitment then in effect. The Initial Term Borrowings shall consist of Initial Term Loans made simultaneously by the Term Lenders in accordance with their respective Applicable Percentage of the Term Commitments. Amounts borrowed under this Section 2.01(a) and repaid or prepaid may not be reborrowed. The Initial Term Loans made pursuant to the Initial Term Borrowings under this Section 2.01(a) shall constitute a single Term Facility. Term Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.
Term Borrowings. The Borrowers shall pay interest on any each amount borrowed under the Standby Facility for which interest is to be calculated for a fixed period at the rate per annum determined by the Standby Lender to be the aggregate of (i) the Margin and (ii) the applicable Standby Rate, such interest to be payable (a) at the end of such period and/or (b) if the period exceeds six (6) months, on each date falling at six (6) monthly intervals within such period and (c) on the date the amount borrowed is repaid.
Term Borrowings. Subject to the terms and conditions set forth herein, each Term Lender severally agrees to make term loans to the Borrower in Dollars in up to two (2) advances on any Business Day during the Availability Period for the Term Facility, in an aggregate amount not to exceed such Lender’s Term Commitment. Each Term Borrowing shall consist of Term Loans made simultaneously by the Term Lenders in accordance with their respective Term Commitments. Term Borrowings repaid or prepaid may not be reborrowed. Term Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein; provided, however, any Term Borrowing made on the Closing Date or any of the three (3) Business Days following the Closing Date shall be made as Base Rate Loans unless the Borrower delivers a Funding Indemnity Letter not less than three (3) Business Days prior to the date of such Term Borrowing.
