Examples of Term Loan Tranche 1 Commitments in a sentence
On the terms and subject to the conditions set forth herein and in the other Financing Documents, each Lender with a Term Loan Tranche 1 Commitment Amount severally hereby agrees to make to Borrowers a Term Loan on the Closing Date in an original aggregate principal amount equal to the Term Loan Tranche 1 Commitments (the “ Term Loan Tranche 1”).
Contemporaneous with Borrowers’ execution of this Agreement, Borrowers shall pay Agent, for its own account and not for the benefit of any other Lenders, a fee in an amount equal to the aggregate amount of the Term Loan Tranche 1 Commitments multiplied by one half of one percent (0.5%).