Examples of Third Amendment Term Loan Commitment in a sentence
Each Lender’s Third Amendment Term Loan Commitment, and the Third Amendment Term Loans made by a Lender shall be evidenced by a Term Note duly executed and delivered by the Borrower on or prior to the Third Amendment Effective Date, and be repayable in accordance with the terms of such Term Note and this Agreement.
Each Lender agrees severally, but not jointly, upon the terms and subject to the conditions of this Agreement, to make to the Borrower an advance (each, a “Third Amendment Term Loan”; collectively, the “Third Amendment Term Loans”) on the Third Amendment Effective Date in the principal amount not to exceed such Xxxxxx’s Third Amendment Term Loan Commitment.
Third Amendment Term Loan Commitment - with respect to any Lender, the amount of such Lender's Third Amendment Term Loan Commitment pursuant to subsection 1.3 of the Agreement (as Section 1.3 is amended by the Third Amendment), as set forth below such Lender's name on the signature pages to the Third Amendment or any Assignment and Acceptance Agreement executed by such Lender.
Each Lender agrees severally, but not jointly, upon the terms and subject to the conditions of this Agreement, to make to the Borrower an advance (each, a “Third Amendment Term Loan”; collectively, the “Third Amendment Term Loans”) on the Third Amendment Effective Date in the principal amount not to exceed such Lender’s Third Amendment Term Loan Commitment.
MAIN STREET CAPITAL CORPORATION, as a Lender By: /s/ Xxxxxx Xxxxx Name: Xxxxxx Xxxxx Title: Senior Vice President EXHIBIT A Revised Schedule 1.1(a) Term Loan Commitments* Lender Third Amendment Term Loan Commitment General Electric Capital Corporation $22,000,000 TOTALS $22,000,000 *The Initial Term Loan Commitment of each Lender shall equal the sum of the Third Amendment Term Loan Commitment and the Closing Date Term Loan Commitment of such Lender.
Subject to the terms and conditions set forth herein and in the Third Amendment, each Third Amendment Term Loan Lender severally agrees to make a Third Amendment Term Loan to the Borrower denominated in dollars on the Third Amendment Effective Date in a principal amount equal to its Third Amendment Term Loan Commitment.
For the avoidance of doubt, effective as of the date hereof and subject to the satisfaction of the conditions precedent set forth in Section 3 below, each Lender identified on Schedule 1.5 to the Credit Agreement (after giving effect to this Amendment) shall have a Third Amendment Term Loan Commitment under and for purposes of the Credit Agreement in an amount equal to the amount set forth opposite its name on such Schedule 1.5.
Among other things, the CCO, or CCO’s designee, shall check to see whether precleared transactions were in fact completed within the period during which the preclearance remained valid.
The Third Amendment Term Loan Commitment of each Third Amendment Term Loan Lender on the Third Amendment Effective Date shall be automatically and permanently reduced to $0 upon the making of such Lender’s Third Amendment Term Loans to the Borrower pursuant to Section 2.01(1).