Common use of Term Commitments Clause in Contracts

Term Commitments. Subject to the terms and conditions set forth herein, each Lender severally agrees to make Loans in dollars to the Borrower on the Effective Date in an aggregate principal amount equal to such Lender’s Term Commitment. Amounts paid or repaid in respect of Loans may not be reborrowed.

Term Commitments. Subject to the terms and conditions set forth herein, each Term Lender severally (and not jointly) agrees to make Loans a Term Loan in dollars to the Borrower Borrower, on the Effective Date Date, in an aggregate a principal amount equal not to exceed such Lender’s Term Commitment. Amounts paid prepaid or repaid in respect of Term Loans may not be reborrowed.

Term Commitments. Subject to the terms and conditions set forth herein, each Lender severally agrees to make Loans an advance in dollars Dollars to the Borrower on the Effective Date in an aggregate a principal amount equal to such Lender’s not exceeding its Term Commitment. Amounts paid or repaid in respect of Term Loans may not be reborrowed.