Examples of Additional Initial Term Loan in a sentence
Subject to the terms and conditions set forth herein and in the Amendment and Restatement Agreement No. 1, each Additional Refinancing Term Loan Lender severally agrees to make an Additional Initial Term Loan (which shall be considered an increase to (and part of) the Initial Term Loans) to the Borrowers pursuant to a single drawing on the First Restatement Effective Date in the principal amount equal to its Initial Term Loan Commitment on the First Restatement Effective Date.
The sensitivity analysis includes only outstanding RMB denominated monetary items and adjusts its translation at the year end for a 5% change in the relevant RMB rates.
The Companies agree that the Additional Initial Term Loan Arranger shall be entitled to the privileges, indemnification, immunities and other benefits afforded to the Lead Arrangers under the Amended Credit Agreement.
The Additional Initial Term Loan Arranger and the Additional Commitment Lenders shall have received all fees and other amounts due and payable to them on or prior to the Fifth Amendment Effective Date pursuant to this Amendment and the Incremental Engagement and Fee Letter in the amounts and at the times so specified.
The Additional Initial Term Commitment shall automatically terminate upon the making of the Additional Initial Term Loan on the Amendment No. 1 Effective Date.
Subject to the terms and conditions set forth herein and in the Amendment and Restatement Agreement No. 1, each Additional Refinancing Term Loan Lender severally agreed to make an Additional Initial Term Loan (which shall be considered an increase to (and part of) the Initial Term Loans) to the Borrowers pursuant to a single drawing on the First Restatement Effective Date in the principal amount equal to its Initial Term Loan Commitment on the First Restatement Effective Date.
The Additional Initial Term Loan Commitment of each Additional Initial Term Loan Lender shall automatically terminate upon the making of the Additional Initial Term Loans on the First Amendment Effective Date.
The Borrower shall have paid all reasonable, documented and invoiced out-of-pocket expenses of the Administrative Agent and the Additional Initial Term Loan Arranger (including the reasonable fees, disbursements and other charges of Latham & Watkins LLP, counsel to the Administrative Agent and Additional Initial Term Loan Arranger) incurred in connection with the preparation and negotiation of this Amendment and the Lender Joinder Agreement.
The Borrower shall have paid all reasonable, documented and invoiced out-of-pocket expenses of the Administrative Agent and the Additional Initial Term Loan Arranger (including the reasonable fees, disbursements and other charges of Xxxxxx & Xxxxxxx LLP, counsel to the Administrative Agent and Additional Initial Term Loan Arranger) incurred in connection with the preparation and negotiation of this Amendment and the Lender Joinder Agreement.