Common use of Term Borrowings Clause in Contracts

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. Subject only to the terms and conditions set forth in Section 4.01 and Section 4.02 hereof, each Term Lender severally agrees to make to the Borrower on the Closing Date the 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 LIBO Term Benchmark Rate Loans, as further provided herein.

Term Borrowings. Subject only to the terms and conditions set forth in Section Sections 4.01 and 4.02 hereof, each Term Lender severally agrees to make to the Borrower on the Closing Funding 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 Term Benchmark Loans, as further provided herein.