Examples of Initial Euro Term Loan Commitment in a sentence
Subject to the terms and conditions set forth herein, each Lender having an Initial Euro Term Loan Commitment severally and not jointly agrees to make a loan or loans denominated in Euros (each, an “Initial Euro Term Loan”) to Borrower on the Closing Date, which Initial Euro Term Loans shall not exceed for any such Lender the Initial Euro Term Loan Commitment of such Lender and in the aggregate shall not exceed €230,000,000.
On the Closing Date (after giving effect to the funding of the Initial Euro Term Loans to be made on such date), the Initial Euro Term Loan Commitments of each Term Lender with an Initial Euro Term Loan Commitment as of the Closing Date will automatically and permanently terminate.