Examples of Original Term Loan Amount in a sentence
The Incremental Increase shall be allocated to the Lenders based on each Lender’s Pro Rata Share of the then unfunded portion of the Original Term Loan Amount.
Subject to the terms and conditions of this Agreement, on the Closing Date each Lender with a Term Loan Commitment agreed (severally, not jointly or jointly and severally) to make term loans (collectively, the “Original Term Loan”) to Borrowers in an amount equal to such Lender’s Pro Rata Share of the Original Term Loan Amount.
As provided in Section 10.19(b), after giving immediate effect to this Agreement, as of the Amendment Effective Date, the Original Initial Term Loans in the aggregate principal amount equal to the Original Term Loan Amount shall be deemed term loans (“Term Loans”) outstanding under this Agreement, with each Term Lender holding, as of the Amendment Effective Date after giving immediate effect to this Agreement, a Term Loan in the principal amount set forth opposite its name on Schedule 10.19(b)(i)(A).
Pursuant to the Original Loan Agreement, each lender party thereto extended on the Original Closing Date its pro rata share of the original term loan (the “Original Term Loan”) to Original Borrowers in the original aggregate principal amount equal to the Original Term Loan Amount.
Subject to the terms and conditions of this Agreement, on the Closing Date each Lender agreed (severally, not jointly or jointly and severally) to make a term loan (collectively, the “Original Term Loan”) to Borrowers in an amount equal to such Lender’s Pro Rata Share of the Original Term Loan Amount.
Any replacement Security issued pursuant to this Section shall constitute complete and indefeasible evidence of ownership in the Trust Fund, as if originally issued, whether or not the lost, stolen or destroyed Security shall be found at any time.