Common use of The Initial Term Borrowings Clause in Contracts

The Initial Term Borrowings. Each Initial Term Lender severally agrees to make to the Borrower a single loan, in Dollars, in a principal amount equal to such Initial Term Lender’s Initial Term Commitment on the Closing Date. Amounts borrowed under this Section 2.01(a) and repaid or prepaid may not be reborrowed. Initial Term Loans may be Base Rate Loans or SOFR Loans, as further provided herein.

The Initial Term Borrowings. Each Subject to the terms and conditions set forth herein, each Term Lender with an Initial Term Lender Commitment severally agrees to make term loans denominated in Dollars to the Borrower a single loan, on the Closing Date in Dollars, in a principal an aggregate amount equal not to exceed the amount of such Initial Term Lender’s Initial Term Commitment on the Closing DateCommitment. Term Loans may be Base Rate Loans or SOFR Loans, as further provided herein. Amounts borrowed under this Section 2.01(a) and repaid or prepaid may not be reborrowed. Initial Term Loans may be Base Rate Loans or SOFR Loans, as further provided herein.

The Initial Term Borrowings. Each Initial Term Lender severally agrees to make to the Borrower a single loan, loan in Dollars, Dollars in a principal amount equal to such Initial Term Lender’s Initial Term Commitment on the Closing Date. Amounts borrowed under this Section 2.01(a) and repaid or prepaid may not be reborrowed. Initial Term Loans may be Base Rate Loans or Eurocurrency RateTerm SOFR Loans, as further provided herein.

The Initial Term Borrowings. Each Initial Term Lender severally agrees to make to the Borrower a single loan, loan in Dollars, Dollars in a principal amount equal to such Initial Term Lender’s Initial Term Commitment on the Closing Date. Amounts borrowed under this Section 2.01(a) and repaid or prepaid may not be reborrowed. Initial Term Loans may be Base Rate Loans or Term SOFR Loans, as further provided herein.