Common use of The Term Borrowings Clause in Contracts

The Term Borrowings. Each Term Lender severally agrees to make to the Borrower, in one draw on the Effective Date, a loan (a “Term Loan”) in Dollars in an aggregate principal amount equal to such Term Lender’s Term Commitment. Term Loans shall only be Eurodollar Loans, except as provided in Section 2.11 and Section 2.13. Amounts borrowed under this Section 2.01(a) and repaid or prepaid may not be reborrowed.

The Term Borrowings. Each Term Lender severally agrees to make to the Borrower, in one draw on the Effective Closing Date, a loan (a “Term Loan”) in Dollars in an aggregate principal amount equal to such Term Lender’s Term Commitment. Term Loans shall only may be Base Rate Loans or Eurodollar Loans, except Rate Loans as provided in Section 2.11 and Section 2.13herein. Amounts borrowed under this Section 2.01(a) and repaid or prepaid may not be reborrowed.

The Term Borrowings. Each Subject to the terms and conditions set forth herein, each Term Lender severally agrees to make to the Borrower, in one draw on the Effective Date, Borrower a single loan (a “Term Loan”) in Dollars in an aggregate a principal amount equal to such Term Lender’s Term Commitment. Term Loans shall only be Eurodollar Loans, except as provided in Section 2.11 and Section 2.13Commitment on the Effective Date. Amounts borrowed under this Section 2.01(a) and repaid or prepaid may not be reborrowedre-borrowed. Term Loans may be ABR Loans or Eurodollar Rate Loans, as further provided herein.