Initial Term A Loan Commitment definition
Examples of Initial Term A Loan Commitment in a sentence
Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, each Term A Lender made a term loan to the Borrower on the Closing Date in a principal amount equal to such Lender’s Initial Term A Loan Commitment as in effect on the Closing Date.
Subject to the terms and conditions of this Agreement, each Initial Term A Lender with an Initial Term A Loan Commitment severally and not jointly agrees to make a term loan denominated in Dollars to the Parent Borrower in one single installment on the Closing Date in an aggregate principal amount not to exceed such Initial Term A Lender’s Initial Term A Loan Commitment.
Subject to the terms and conditions set forth herein, each Initial Term A Lender severally agrees to make Initial Term A Loans to the Borrower on the Closing Date in an amount not to exceed such Term Lender’s Initial Term A Loan Commitment.
On the Restatement Effective Date (after giving effect to the funding of the Term A Loans to be made on such date), the Initial Term A Loan Commitments of each Term Lender with an Initial Term A Loan Commitment as of the Restatement Effective Date will automatically and permanently terminate.
Subject to the terms and conditions hereof, and relying upon the representations and warranties herein set forth, each Initial Term A Loan Lender severally agrees to make a term loan (the “Initial Term A Loan”) to the Borrower on the Fourth Amendment and Restatement Effective Date in such principal amount as the Borrower shall request up to, but not exceeding such Initial Term A Loan Lender’s Initial Term A Loan Commitment.