Common use of Term Borrowings Clause in Contracts

Term Borrowings. (a) 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)(a) 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.

Appears in 3 contracts

Samples: First Lien Credit Agreement (Convey Health Solutions Holdings, Inc.), First Lien Credit Agreement (Convey Holding Parent, Inc.), First Lien Credit Agreement (Convey Holding Parent, Inc.)

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Term Borrowings. (a) 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)(a2.01(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.

Appears in 3 contracts

Samples: Credit Agreement (Cushman & Wakefield PLC), Credit Agreement (GreenSky, Inc.), Credit Agreement (GreenSky, Inc.)

Term Borrowings. (a) Subject to the terms and conditions expressly set forth in Section 4.01 hereofherein, each Term Lender severally agrees to make to the Borrower on the Closing Date one or more Closing Date Term Borrowings of Initial Term Loans denominated in Dollars in an aggregate principal amount equal not to exceed at any time outstanding the amount of such Term Lender’s Closing Date Initial Term Loan Commitment on the Closing DateCommitment. Amounts borrowed under this Section 2.01(1)(a2.01(a) and repaid or prepaid may not be reborrowedre-borrowed. The Closing Date Term Loans may be Base Rate Loans or Eurodollar Eurocurrency Rate Loans, as further provided herein.

Appears in 3 contracts

Samples: Credit Agreement (Global Eagle Entertainment Inc.), Credit Agreement (Global Eagle Entertainment Inc.), Credit Agreement (Jason Industries, Inc.)

Term Borrowings. (a) Subject to the terms and conditions set forth in Section 4.01 hereof, each USD Term Lender severally agrees to make to the Borrower on the Closing Date one or more Closing Date USD Term Loans denominated in Dollars in an aggregate principal amount equal to such USD Term Lender’s Closing Date USD Term Loan Commitment on the Closing Date. Amounts borrowed under this Section 2.01(1)(a) and repaid or prepaid may not be reborrowed. The Closing Date USD Term Loans may be Base Rate Loans or Eurodollar Eurocurrency Rate Loans, as further provided herein.

Appears in 2 contracts

Samples: First Lien Credit Agreement (McAfee Corp.), First Lien Credit Agreement (McAfee Corp.)

Term Borrowings. (a) 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)(a2.01(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.. 117

Appears in 1 contract

Samples: Credit Agreement (Convey Holding Parent, Inc.)

Term Borrowings. (a) 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)(a) and repaid or prepaid may not be reborrowed. The Closing Date Term Loans may be Base Rate Loans or Eurodollar EurodollarTerm SOFR Rate Loans, as further provided herein.

Appears in 1 contract

Samples: First Lien Credit Agreement (Convey Health Solutions Holdings, Inc.)

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Term Borrowings. (a) Subject to the terms and conditions set forth in Section 4.01 hereof, each USD Term Lender severally agrees to make to the Borrower on the Closing Date one or more Closing Date USD Term Loans denominated in Dollars in an aggregate principal amount equal to such USD Term Lender’s Closing Date USD Term Loan Commitment on the Closing Date. Amounts borrowed under this Section 2.01(1)(a2.01(1) and repaid or prepaid may not be reborrowed. The Closing Date USD Term Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: First Lien Credit Agreement (McAfee Corp.)

Term Borrowings. (a) Subject to the terms and conditions expressly set forth in Section 4.01 hereofherein, each Term Lender severally agrees to make to the Borrower on the Closing Date one or more Closing Date Term Borrowings of Initial Term Loans denominated in Dollars in an aggregate principal amount equal not to exceed at any time outstanding the amount of such Term Lender’s Closing Date Initial Term Loan Commitment on the Closing DateCommitment. Amounts borrowed under this Section 2.01(1)(a2.01(a) and repaid or prepaid may not be reborrowedre‑borrowed. The Closing Date Term Loans may be Base Rate Loans or Eurodollar Eurocurrency Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Jason Industries, Inc.)

Term Borrowings. (a) 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)(a2.01(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.

Appears in 1 contract

Samples: Intercreditor Agreement (Life Time Group Holdings, Inc.)

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