Examples of Term C Lender in a sentence
On the terms and subject to the conditions contained in this Agreement, each Yen Term C Lender severally agrees to make a loan (each a “Yen Term C Loan”) in Yen to the U.S. Borrower on the Closing Date in an amount equal to such Yen Term C Lender’s Yen Term C Commitment.
Such fees shall be payable to each Term C Lender out of the proceeds of such Term C Lender’s Term Loan as and when funded on the Closing Date and shall be treated (and reported) by the Borrower and such Term C Lenders as a reduction in issue price of such Term C Loans for U.S. federal, state and local income tax purposes.
The obligations of each Term C Lender hereunder shall be several and not joint.
The Term Loan C shall, upon the request of any Lender pursuant to Section 1.10, be evidenced by a Note, and, upon such request as provided in Section 1.10, Borrower shall execute and deliver each Note to the applicable Term C Lender.
Subject to Section 2.14 and the other terms and conditions set forth herein, each Term C Lender severally agrees to make a single loan to the Borrower, in Dollars, during the Term C Availability Period, in an aggregate amount not to exceed such Term C Lender’s Term C Commitment.