Term Loan A (Loan No Sample Clauses

Term Loan A (Loan No. 113605-02). Subject to the terms and conditions of this Agreement and the other Loan Documents and for so long as no Event of Default exists, Lender hereby agrees to make a term loan to Borrowers in the original principal amount of Four Million One Hundred Fifty Thousand and No/100 Dollars ($4,150,000.00). The obligation to repay this Term Loan A shall be evidenced by the Term Loan A Note and shall have the repayment terms and interest rates as set forth in the Term Loan A Note. All amounts outstanding under the Term Loan A shall be due and payable on the Term Loan A Maturity Date. The Term Loan A renews in part amounts outstanding under that certain RLOC Note as described more particularly in Section 2.2 below and no additional funds shall be advanced at Closing.