Term Loan and Revolving Loans Sample Clauses

Term Loan and Revolving Loans. (i) Each Borrowing (other than a L/C Borrowing or a Borrowing of Swing Line Loans) shall be made upon the Borrower’s irrevocable written notice delivered to the Agent in the form of a Notice of Borrowing (which notice must be received by the Agent prior to 11:00 a.m. (New York time) (x) two (2) Business Days prior to the requested Borrowing Date, in the case of Term SOFR Loans, and (y) on the date of the requested Borrowing Date, in the case of Base Rate Loans), in each case specifying:
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Term Loan and Revolving Loans. (a) Subject to the terms and conditions and relying upon, as applicable, the representations and warranties herein set forth, and subject to the Interim Financing Order and the Final Financing Order, as the case may be, each Lender severally agrees to make a Term Loan to the Borrower, on the Closing Date, in a principal amount that will not exceed the amount of such Lender's Term Loan Commitment. The Term Loan shall mature as provided in Section 2.07 hereof.
Term Loan and Revolving Loans. (a) Subject to the terms and conditions and relying upon, as applicable, the representations and warranties herein set forth, each Lender severally agrees to make a Term Loan to the Borrower, on the Closing Date, in a principal amount that will not exceed the amount of such Lender's Term Loan Commitment. The Term Loan shall mature as provided in Section 2.07 hereof.
Term Loan and Revolving Loans. (a) Subject to the terms and conditions herein contained and in the Interim Financing Order and the Final Financing Order, as the case may be, each Lender with a Term Loan Commitment severally agrees to make Term Loans to the Borrowers on the Closing Date in a principal amount equal to its Pro Rata Share (based upon such Lender's Term Loan Commitment) of $8,000,000 (the "INITIAL TERM LOAN"). Subsequent to the Closing Date and through and not including the Term Credit Termination Date, subject to the terms and conditions herein contained and in the Interim Financing Order and the Final Financing Order, each Lender severally agrees to make up to two additional Term Loans to the Borrowers in an aggregate principal amount equal to its Pro Rata Share (based upon such Lender's Term Loan Commitment) of $2,000,000 (each, a "SUBSEQUENT TERM LOAN"). The "
Term Loan and Revolving Loans. The obligations of the Lenders to fund the Term Loan and Revolving Loans on the Merger Consummation Date shall be subject to the prior or concurrent satisfaction of each of the conditions precedent set forth in this Section 4.2.

Related to Term Loan and Revolving Loans

  • Repayment of Term Loans and Revolving Facility Loans (a) Subject to the other clauses of this Section 2.10 and to Section 9.08(e),

  • Term Loan Commitments Subject to the terms and conditions hereof, and relying upon the representations and warranties herein set forth, each Lender severally agrees to make a term loan (the “Term Loan”) to the Borrower on the Closing Date in such principal amount as the Borrower shall request up to, but not exceeding such Lender’s Term Loan Commitment.

  • Revolving Loans The Borrower shall repay to the Lenders on the Maturity Date the aggregate principal amount of all Revolving Loans outstanding on such date.

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