Common use of The Term Borrowings Clause in Contracts

The Term Borrowings. Subject to the terms and conditions set forth herein, each Term B Lender severally agrees to make a loan on the Closing Date to the Borrower (each, a “Term B Loan” and, collectively, the “Term B Loans”) in an amount in US Dollars equal to such Term B Lender’s Term B Commitment. Amounts borrowed under this Section 2.01(a) and repaid or prepaid may not be reborrowed. Term Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 4 contracts

Samples: Credit Agreement (Quintiles Transnational Holdings Inc.), Credit Agreement, Credit Agreement (Dunkin' Brands Group, Inc.)

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The Term Borrowings. Subject to the terms and conditions set forth herein, each Term B Lender severally agrees to make a loan on the Closing Date to the Borrower (each, a “Term B Loan” and, collectively, the “Term B Loans”) in an amount in US Dollars equal to such Term B Lender’s Term B Commitment. Amounts borrowed under this Section 2.01(a) and repaid or prepaid may not be reborrowedre-borrowed. Term Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 3 contracts

Samples: Credit Agreement (ClubCorp Holdings, Inc.), Credit Agreement (ClubCorp Club Operations, Inc.), Credit Agreement (University Club, Inc. (FL))

The Term Borrowings. Subject to the terms and conditions set forth herein, each Term B Lender severally agrees to make a loan on the Closing Date to the Borrower (each, a “Term B Loan” and, collectively, the “Term B Loans”) in an amount denominated in US Dollars equal to such Term B Lender’s Term B Commitment. Amounts borrowed under this Section 2.01(a) and repaid or prepaid may not be reborrowed. Term Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: First Lien Credit Agreement (Fogo De Chao, Inc.)

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The Term Borrowings. Subject to the terms and conditions set forth herein, each Term B Lender with a Term Commitment severally agrees to make a loan term loans in Dollars to the Borrower on the Closing Date in an amount not to the Borrower exceed such Term Lender’s Term Commitment (eacheach such term loan, a an Initial Term B Loan” and, and collectively, the “Initial Term B Loans”) in an amount in US Dollars equal to such Term B Lender’s Term B Commitment). Amounts borrowed under this Section 2.01(a) and repaid or prepaid may not be reborrowed. Term Loans may be Base Rate Loans or Eurodollar Rate Loans, Loans as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Akumin Inc.)

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