Examples of Closing Date Loans in a sentence
The Initial Commitments in respect of the Closing Date Loans shall terminate automatically immediately after the making of the Closing Date Loans on the Closing Date.
The Lenders shall have no obligation to make Closing Date Loans hereunder after the Closing Date, and any portion of the Initial Commitment not drawn on the Closing Date shall automatically expire.
To the extent not previously repaid, all unpaid Closing Date Loans shall be paid in full by the Borrowers on the Maturity Date applicable thereto.
The Closing Date Loans may be Base Rate Loans or Term SOFR Loans as further provided herein.
Prior to making of the Closing Date Loans on the Closing Date, the Administrative Agent shall have received a Loan Request meeting the requirements of Section 3.2 hereof, duly executed by each of the Borrowers.