Term Loans Generally Sample Clauses

Term Loans Generally. Subject to the terms and conditions hereof, each Term Loan Lender severally agrees to make, in Dollars, in a single draw on the Closing Date, one or more term loans (each, a “Term Loan”) to the Borrower in an aggregate principal amount not to exceed the amount set forth opposite such Term Loan Lender’s name in Schedule A under the heading “Term Loan Commitment,” as such amount may be adjusted or reduced pursuant to the terms hereof.
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Term Loans Generally. Not later than 1:00 P.M. New York time on the Closing Date, and subject to the provisions of Section 1.01 with respect to the continuation of outstanding amounts of the Term Loan under (and as defined in) the Existing Agreement as a portion of the Term Loan B Facility hereunder, each Term Lender shall, pursuant to the terms and subject to the conditions of this Agreement, make the amount of its Pro Rata Term A Share of the Term Loan A and/or (to the extent not already funded under the Existing Agreement and continued hereunder pursuant to Section 1.01) its Pro Rata Term B Share of the Term Loan B, as applicable, available by wire transfer to the Administrative Agent. Such wire transfer shall be directed to the Administrative Agent at the Administrative Agent’s Office and shall be in Same Day Funds in Dollars. The amount so received by the Administrative Agent shall, subject to the terms and conditions of this Agreement, including without limitation the satisfaction of all applicable conditions in Sections 5.01 and 5.02, be made available to the Borrower by delivery of the proceeds thereof as shall be directed by the Responsible Officer of the Borrower and reasonably acceptable to the Administrative Agent. The initial Borrowing of the Term Loans may be Eurocurrency Rate Segments, Base Rate Segments, or both; provided that if the Borrower desires that any portion of the initial Borrowing of either Term Loan is advanced as a Eurocurrency Rate Segment, the Administrative Agent shall make such Borrowing as a Eurocurrency Rate Segment only if, not later than three Business Days prior to the date that is then anticipated to be the Closing Date, the Administrative Agent has received from the Borrower a Term Loan Interest Rate Selection Notice with respect thereto, together with the Borrower’s written acknowledgement in form and substance satisfactory to the Administrative Agent that the provisions of Section 4.05 hereof shall apply to any failure by the Borrower to borrow on the date set forth in such Term Loan Interest Rate Selection notice any or all of the amounts specified in such Term Loan Interest Rate Selection Notice.
Term Loans Generally. If Borrower pays or prepays any portion of the Term Loans under this Agreement, then that portion may not be reborrowed. The Term Loans shall bear interest from time to time in accordance with selections made by Borrower from time to time pursuant to Section 3.4.
Term Loans Generally. None of the transactions set forth in this Section 3 shall be deemed to be a conversion of any Term Loan into a Loan of a different Type or with a different Interest Period or a payment or prepayment of any Term Loan, and the parties hereto hereby agree that no breakage or similar costs will accrue in respect of any Term Loan solely as a result of the transactions contemplated by this Section 3.
Term Loans Generally. (i) Subject to the terms and conditions hereof, the Borrower shall incur in favor of the Effective Date Term Loan Lender, on the Effective Date, one or more term loans (each, an “Initial Term Loan”) in an aggregate principal amount not to exceed the amount set forth opposite such Lender’s name in Schedule A hereto under the heading “Initial Term Loan Commitment”, as such amount may be adjusted or reduced pursuant to the terms hereof.
Term Loans Generally. (i) Pursuant to the 2021 Amendment, the Borrower shall incur, on the 2021 Amendment Effective Date, (A) one or more “term A” term loans (each, an “Initial Term A Loan”) in an aggregate principal amount not to exceed the amount set forth opposite such Lender’s name in Schedule A-1 hereto under the heading “Initial Term A Loan Commitment”, as such amount may be adjusted or reduced pursuant to the terms hereof and (B) one or more “tranche B” term loans (each, an “Initial Term B Loan”) in an aggregate principal amount not to exceed the amount set forth opposite such Lender’s name in Schedule A-2 hereto under the heading “Initial Term B Loan Commitment”, as such amount may be adjusted or reduced pursuant to the terms hereof.
Term Loans Generally. Subject to the terms and conditions hereof, each Term Loan Lender severally agrees to make in a single draw on (i) the First Amendment Effective Date, one or more term loans denominated in Dollars to the Borrower in an aggregate principal amount not to exceed the amount set forth opposite such Term Loan Lender’s name on Schedule A to the First Amendment under the heading “Initial Incremental Term Loan Commitments,” as such amount may be adjusted or reduced pursuant to the terms hereof or thereof, and (ii) the Second Amendment Effective Date, one or more term loans denominated in Dollars to the Borrower in an aggregate principal amount not to exceed the amount set forth opposite such Term Loan Lender’s name on Schedule A to the Second Amendment under the heading “Second Initial Incremental Term Loan Commitments,” as such amount may be adjusted or reduced pursuant to the terms hereof or thereof.”
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Term Loans Generally. Subject to the terms and conditions hereof, each Term Loan Lender severally agrees to make, in Dollars, in a single draw on the Third Amendment Effective Date, a term loan (a “Term Loan”) to the U.S. Borrowers in an aggregate principal amount not to exceed its Term Loan Commitment (it being understood that such Term Loans will be made by the reallocation of the outstanding Revolving Credit Loans as set forth in Section 2.5 of the Third Amendment to Credit Agreement). The entire principal amount of the Term Loans shall be due and payable in full on the Term Loan Maturity Date. Once repaid, Term Loans incurred hereunder may not be reborrowed.
Term Loans Generally. Subject to the terms and conditions hereof, each Term Loan Lender severally agrees to make, in Dollars, in a single draw on (i) the Closing Date, one or more term loans (each, a “Term Loan”)in Dollars to the Borrower in an aggregate principal amount not to exceed the amount set forth opposite such Term Loan Lender’s name inon Schedule A hereto under the heading “Term Loan Commitment,” as such amount may be adjusted or reduced pursuant to the terms hereof, and the Borrower thereupon shall issue such Term Loan to such Term Loan Lender.(ii) the First Amendment Effective Date, one or more term loans denominated in Dollars to the Borrower in an aggregate principal amount not to exceed the amount set forth opposite such Term Loan Lender’s name on Schedule A to the First Amendment under the heading “Initial Incremental Term Loan Commitment,” as such amount may be adjusted or reduced pursuant to the terms hereof or thereof, which term loans may be made in cash or, if agreed by the Borrower, by exchange of all or any portion of such Term Loan Lender’s Term Loans outstanding immediately prior to the First Amendment Effective Date into Initial Incremental Term Loans pursuant to the First Amendment, or a combination thereof.
Term Loans Generally. Subject to the terms and conditions hereof, each Initial Term Loan Lender severally agrees to make in a single draw on the Restatement Effective Date, one or more term loans in Dollars to the Borrower in an aggregate principal amount not to exceed the amount set forth opposite such Term Loan Lender’s name on Schedule A hereto under the heading “Term Loan Commitment,” as such amount may be adjusted or reduced pursuant to the terms hereof, which term loans may be made in cash or, if agreed by the Borrower, by exchange of all or any portion of such Initial Term Loan Lender’s Term Loans (as defined under the Original Term Loan Credit Agreement) outstanding immediately prior to the Restatement Effective Date into Initial Term Loans pursuant to the Second Amendment, or a combination thereof.
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