Common use of The Initial Term Borrowing Clause in Contracts

The Initial Term Borrowing. Subject to the terms and conditions set forth herein, (i) each Term Lender with an Initial Term B-1 Commitment severally agrees to make a single loan denominated in Dollars (the “Initial Term B-1 Loans”) to the Parent Borrower and Subsidiary Borrower (on a joint and several basis) on the Closing Date in an amount not to exceed such Term Lender’s Initial Term B-1 Commitment, (ii) each Term Lender with an Initial Term B-2 Commitment severally agrees to make a single loan denominated in Dollars (the “Initial Term B-2 Loans”) to the Parent Borrower on the Closing Date in an amount not to exceed such Term Lender’s Initial Term B-2 Commitment and (iii) (subject to Section 2.04(a)(ii)) each Term Lender with an Initial Term B-3 Commitment (if any) severally agrees to make a single loan denominated in RMB (the “Initial Term B-3 Loans”) to the Parent Borrower on the Closing Date in an amount not to exceed such Term Lender’s Initial Term B-3 Commitment (if any). The Initial Term B-1 Borrowing shall consist of Initial Term B-1 Loans made simultaneously by the Term Lenders in accordance with their respective Initial Term B-1 Commitments. The Initial Term B-2 Borrowing shall consist of Initial Term B-2 Loans made simultaneously by the Term Lenders in accordance with their respective Initial Term B-2 Commitments. The Initial Term B-3 Borrowing (if any) shall consist of Initial Term B-3 Loans made simultaneously by the Term Lenders in accordance with their respective Initial Term B-3 Commitments (if any). Amounts borrowed under this Section 2.01(a) and subsequently repaid or prepaid may not be reborrowed (it being understood, however, that prepayments will be taken into account for purposes of any Prepayment-Based Incremental Facility to the extent provided by Section 2.14). Initial Term B-1 Loans and Initial Term B-2 Loans may be Base Rate Loans or Eurocurrency Rate Loans as further provided herein. The Initial Term B-3 Loans shall be Benchmark PBOC Rate Loans.

The Initial Term Borrowing. Subject to the terms and conditions set forth herein, (i) each Term B-1 Lender with an Initial Term B-1 Commitment severally agrees to make a single loan denominated in Dollars (the “Initial Term B-1 Loans”) to the Parent U.S. Borrower and Subsidiary Borrower (on a joint and several basis) on the Closing Date in an amount not to exceed such Term B-1 Lender’s Initial Term B-1 Commitment, Commitment and (ii) each Term B-2 Lender with an Initial Term B-2 Commitment severally agrees to make a single loan denominated in Dollars (the “Initial Term B-2 Loans”) to the Parent Canadian Borrower on the Closing Date in an amount not to exceed such Term B-2 Lender’s Initial Term B-2 Commitment and (iii) (subject to Section 2.04(a)(ii)) each Term Lender with an Initial Term B-3 Commitment (if any) severally agrees to make a single loan denominated in RMB (the “Initial Term B-3 Loans”) to the Parent Borrower on the Closing Date in an amount not to exceed such Term Lender’s Initial Term B-3 Commitment (if any)Commitment. The Initial Term B-1 Borrowing shall consist of Initial Term B-1 Loans made simultaneously by the Term B-1 Lenders in accordance with their respective Initial Term B-1 Commitments. The Initial Term B-2 Borrowing shall consist of Initial Term B-2 Loans made simultaneously by the Term B-2 Lenders in accordance with their respective Initial Term B-2 Commitments. The Initial Term B-3 Borrowing (if any) shall consist of Initial Term B-3 Loans made simultaneously by the Term Lenders in accordance with their respective Initial Term B-3 Commitments (if any). Amounts borrowed under this Section 2.01(a) and subsequently repaid or prepaid may not be reborrowed (it being understood, however, that prepayments will be taken into account for purposes of any Prepayment-Based Incremental Facility to the extent provided by Section 2.14). Initial Term B-1 Loans and Initial Term B-2 Loans may be Base Rate Loans or Eurocurrency Term SOFR Rate Loans as further provided herein. The Initial Term B-3 Loans shall be Benchmark PBOC Rate Loans.

The Initial Term Borrowing. Subject to the terms and conditions set forth hereinherein and in the Second Amendment, (i) each Initial Term Lender with an Initial Term B-1 Commitment severally agrees to make a single loan denominated in Dollars (the “Initial Term B-1 Loans”) to the Parent Borrower and Subsidiary U.S. Borrower (on behalf of the Borrowers on a joint and several basis) on the Closing Second Amendment Effective Date in an amount not to exceed such Initial Term Lender’s Initial Term B-1 Commitment, (ii) each Term Lender with an Initial Term B-2 Commitment severally agrees to make a single loan denominated in Dollars (the “Initial Term B-2 Loans”) to the Parent Borrower on the Closing Date in an amount not to exceed such Term Lender’s Initial Term B-2 Commitment and (iii) (subject to Section 2.04(a)(ii)) each Term Lender with an Initial Term B-3 Commitment (if any) severally agrees to make a single loan denominated in RMB (the “Initial Term B-3 Loans”) to the Parent Borrower on the Closing Date in an amount not to exceed such Term Lender’s Initial Term B-3 Commitment (if any). The Initial Term B-1 Borrowing shall consist of Initial Term B-1 Loans made simultaneously by the Term Lenders in accordance with their respective Initial Term B-1 Commitments. The Initial Term B-2 Loans may be Base Rate Loans or Eurocurrency Rate Loans as further provided herein. Subject to the terms and conditions set forth herein and in the Fourth Amendment, the Fourth Amendment New Term Lender with a 2020 Incremental Euro Term Commitment agrees to make a single 2020 Incremental Euro Term Loan to the U.S. Borrower (on behalf of the Borrowers on a joint and several basis) on the Fourth Amendment Effective Date in an amount not to exceed such Fourth Amendment New Term Lender’s 2020 Incremental Euro Term Commitment. The 2020 Incremental Euro Term Loan Borrowing shall consist of Initial the 2020 Incremental Euro Term B-2 Loans made simultaneously by the Fourth Amendment New Term Lenders Lender in accordance with their its respective Initial 2020 Incremental Euro Term B-2 Commitments. The Initial Term B-3 Borrowing (if any) shall consist of Initial Term B-3 Loans made simultaneously by the Term Lenders in accordance with their respective Initial Term B-3 Commitments (if any). Amounts borrowed under this Section 2.01(a) and subsequently repaid or prepaid may not be reborrowed (it being understood, however, that prepayments will be taken into account for purposes of any Prepayment-Based Incremental Facility to the extent provided by Section 2.14). Initial Term B-1 Loans and Initial Term B-2 Loans may be Base Rate Loans or Eurocurrency Rate Loans as further provided herein. The Initial Term B-3 Loans shall be Benchmark PBOC Rate Loansreborrowed.

The Initial Term Borrowing. Subject to the terms and conditions set forth herein, (i) each Term Lender with an Initial Dollar Term B-1 Commitment severally agrees to make a single loan denominated in Dollars (the “Initial Dollar Term B-1 Loans”) to the Parent Borrower, the Dutch Subsidiary Borrower and the U.S. Subsidiary Borrower (on a joint and several basis) on the Closing Date in an amount not to exceed such Term Lender’s Initial Dollar Term B-1 Commitment, Commitment and (ii) each Term Lender with an Initial Euro Term B-2 Commitment severally agrees to make a single loan denominated in Dollars Euros (the “Initial Euro Term B-2 Loans”) to the Parent Borrower, the Dutch Subsidiary Borrower and the U.S. Subsidiary Borrower (on a joint and several basis) on the Closing Date in an amount not to exceed such Term Lender’s Initial Euro Term B-2 Commitment and (iii) (subject to Section 2.04(a)(ii)) each Term Lender with an Initial Term B-3 Commitment (if any) severally agrees to make a single loan denominated in RMB (the “Initial Term B-3 Loans”) to the Parent Borrower on the Closing Date in an amount not to exceed such Term Lender’s Initial Term B-3 Commitment (if any)Commitment. The Initial Dollar Term B-1 Borrowing shall consist of Initial Dollar Term B-1 Loans made simultaneously by the Term Lenders in accordance with their respective Initial Dollar Term B-1 Commitments. The Initial Euro Term B-2 Borrowing shall consist of Initial Euro Term B-2 Loans made simultaneously by the Term Lenders in accordance with their respective Initial Euro Term B-2 Commitments. The Initial Term B-3 Borrowing (if any) shall consist of Initial Term B-3 Loans made simultaneously by the Term Lenders in accordance with their respective Initial Term B-3 Commitments (if any). Amounts borrowed under this Section 2.01(a) and subsequently repaid or prepaid may not be reborrowed (it being understood, however, that prepayments will be taken into account for purposes of any Prepayment-Based Incremental Facility to the extent provided by Section 2.14). Initial Dollar Term B-1 Loans and Initial Term B-2 Loans may be Base Rate Loans or Eurocurrency Rate Loans as further provided herein. The Initial Euro Term B-3 Loans shall may be Benchmark PBOC Eurocurrency Rate LoansLoans as further provided herein.