Common use of The Term Loan Borrowings Clause in Contracts

The Term Loan Borrowings. (i) Subject to the terms and conditions set forth herein, each Term Lender severally agrees to make to the Initial Borrower Term Loans denominated in Dollars, on any Business Day during the applicable Additional Facility Availability Period, in an aggregate amount not to exceed (1) for any such Term Lender, the Term Commitment of such Term Lender as of the date of such Borrowing (immediately prior to giving effect thereto) and (2) in the aggregate, the Total Additional Facility Commitment as of the date of such Borrowing (immediately prior to giving effect thereto), each such Term Loan to be funded by each such Term Lender on a pro rata basis, in accordance with the percentage of the Total Additional Facility Commitment represented by its Term Commitment.

Appears in 3 contracts

Samples: Credit Agreement (Liberty Latin America Ltd.), Credit Agreement (Liberty Latin America Ltd.), Credit Agreement (Liberty Latin America Ltd.)

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The Term Loan Borrowings. (i) Subject to the terms and conditions set forth herein, each Term Lender severally agrees to make to the Initial Borrower Original Co-Borrower, Term Loans denominated in Dollars, on any Business Day during the applicable Additional Facility Availability Period, Period in an aggregate amount not to exceed (1) for any such Term Lender, the Term Loan Commitment of such Term Lender as of the date of such Borrowing (immediately prior to giving effect thereto) and (2) in the aggregate, the Total Additional Facility Commitment as of the date of such Borrowing (immediately prior to giving effect thereto), each such Term Loan to be funded by each such Term Lender on a pro rata basis, basis in accordance with the percentage of the Total Additional Facility Term Loan Commitment represented by its Term Loan Commitment.

Appears in 1 contract

Samples: Credit Agreement (Liberty Latin America Ltd.)

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