Common use of Third Additional Term Loans Clause in Contracts

Third Additional Term Loans. Subject to the terms and conditions and relying upon the representations and warranties herein set forth: (a) the Borrowers may, from time to time by written notice to the Agent, no later than three (3) Business Days prior to the consummation of any Identified Acquisition (unless otherwise agreed by the Lenders), request to borrow a Third Additional Term Loan. (b) each Lender agrees, severally on a Pro Rata basis up to its Third Additional Term Loan Commitment, on the terms set forth herein, to make its portion of the Third Additional Term Loan to the Borrowers. (c) each Third Additional Term Loan shall be funded by the Lenders at any time on or after the Fifth Amendment Effective Date and prior to the Third Additional Term Loan Commitment Expiry Date or until the reduction of its Third Additional Term Loan Commitment to zero in accordance with the terms hereof. Once repaid, whether such repayment is voluntary or required, the Additional Term Loan may not be reborrowed.

Third Additional Term Loans. Subject to the terms and conditions and relying upon the representations and warranties herein set forth: (ai) the Borrowers may, from time to time by written notice to the Agent, no later than three (3) Business Days prior to the consummation of any Identified Acquisition (unless otherwise agreed by the Lenders), request to borrow a Third Additional Term Loan. (bii) each Lender agrees, severally on a Pro Rata basis up to its Third Additional Term Loan Commitment, on the terms set forth herein, to make its portion of the Third Additional Term Loan to the Borrowers. (ciii) each Third Additional Term Loan shall be funded by the Lenders at any time on or after the Fifth Amendment Effective Date and prior to the Third Additional Term Loan Commitment Expiry Date or until the reduction of its Third Additional Term Loan Commitment to zero in accordance with the terms hereof. Once repaid, whether such repayment is voluntary or required, the Additional Term Loan may not be reborrowed.