Examples of Original Term Lender in a sentence
On and as of the Restatement Effective Date, upon the repayment of the Non-Converting Term Loans of such Original Term Lender, accrued and unpaid interest thereon and any other amounts due and owing thereto pursuant to the Existing Credit Agreement, such Original Lender shall cease to be a Lender hereunder for all purposes.
The Original Term Loan of each Original Term Lender shall be evidenced by a Term Note and shall be governed in all respects by the terms of this Credit Agreement and the other Credit Documents.
Upon receipt of such notice the Administrative Agent shall promptly notify each Original Term Lender thereof.
Not later than 12:00 Noon, New York City time, on the Closing Date, each Original Term Lender shall make available to the Administrative Agent at the Funding Office an amount in immediately available funds equal to the Original Term Loan or Original Term Loans to be made by such Lender.
Each Rollover Original Term Lender and Additional Term B Loan Lender acknowledges and agrees that no proceeds of Additional Term B Loans will be applied to prepay or repay any Exchanged Initial Term Loans or Additional Term B Loans.