Common use of The First Incremental Term Loans Clause in Contracts

The First Incremental Term Loans. Subject to the terms and conditions set forth in Amendment No. 1, each First Incremental Term Lender severally agrees to make to the Borrower on the Amendment No. 1 Effective Date, loans (collectively, the “First Incremental Term Loans”) denominated in Dollars in an aggregate amount equal to the amount of such First Incremental Term Lender’s First Incremental Commitment. Amounts borrowed under this Section 2.01(c) and repaid or prepaid may not be reborrowed. First Incremental Term Loans shall be made as Eurocurrency Rate Loans as further provided in Amendment No. 1.

Appears in 6 contracts

Samples: Credit Agreement (Alight, Inc. / Delaware), Credit Agreement (Alight, Inc. /DE), Credit Agreement (Alight, Inc. / Delaware)

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The First Incremental Term Loans. Subject to the terms and conditions set forth in Amendment No. 1, each First Incremental Term Lender severally agrees to make to the Borrower on the Amendment No. 1 Effective Date, loans (collectively, the “First Incremental Term Loans”) denominated in Dollars in an aggregate amount equal to the amount of such First Incremental Term Lender’s First Incremental Commitment. Amounts borrowed under this Section 2.01(c) and repaid or prepaid may not be reborrowed. First Incremental Term Loans shall be made as Eurocurrency Rate Loans as further provided in Amendment No. 1.

Appears in 2 contracts

Samples: Credit Agreement (Alight, Inc. / Delaware), Credit Agreement (Alight, Inc. / Delaware)

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The First Incremental Term Loans. Subject to the terms and conditions set forth in Amendment No. 1, each First Incremental Term Lender Xxxxxx severally agrees to make to the Borrower on the Amendment No. 1 Effective Date, loans (collectively, the “First Incremental Term Loans”) denominated in Dollars in an aggregate amount equal to the amount of such First Incremental Term Lender’s First Incremental Commitment. Amounts borrowed under this Section 2.01(c) and repaid or prepaid may not be reborrowed. First Incremental Term Loans shall be made as Eurocurrency Rate Loans as further provided in Amendment No. 1.

Appears in 1 contract

Samples: Credit Agreement (Alight, Inc. / Delaware)

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