In other exceptional cases, Members may request consideration be delayed one (1) year and if granted the Initial Tenure- track appointment shall be extended by one (1) year.
Initial Term has the meaning set forth in Section 7.1.
Initial Term Facility means the Initial Term Loan Commitments and the Initial Term Loans made hereunder.
Initial Term Commitment means, as to each Term Lender, its obligation to make an Initial Term Loan to the Borrowers pursuant to Section 2.01(a) in an aggregate amount not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 (as in effect on the Closing Date) under the caption “Initial Term Commitment,” as such amount may be adjusted from time to time in accordance with this Agreement. The initial aggregate amount of the Initial Term Commitments is $350,000,000.
Initial Term Loan shall have the meaning provided in Section 2.1(a).
Extended Term shall have the meaning given such term in Section 2.4.