Common use of Acquisition Loan Commitment Clause in Contracts

Acquisition Loan Commitment. Subject to the terms and conditions set forth herein, each Acquisition Loan Lender severally agrees to make a single Acquisition Loan in Dollars to Borrower on the Effective Date in the original aggregate principal amount equal to its Acquisition Loan Commitment or its Applicable Percentage of the amount of all Acquisition Loans requested by Borrower. Amounts paid or prepaid in respect of Acquisition Loans may not be reborrowed. To the extent Borrower requests less than all of the aggregate Acquisition Loan Commitments for funding on the Effective Date, the remaining unfunded commitment shall be deemed terminated at the end of business on the Effective Date.

Acquisition Loan Commitment. Subject to the terms and conditions set forth herein, each Acquisition Loan Lender severally agrees to make a single Acquisition Loan in Dollars to Borrower on the Effective Date in the original aggregate principal amount equal to its Acquisition Loan Commitment or its Applicable Percentage of the amount of all Acquisition Loans requested by Borrower. Amounts paid or prepaid in respect of Acquisition Loans may not be reborrowed. To the extent Borrower requests less than all of the aggregate Acquisition Loan Commitments for funding on the Effective Date, the remaining unfunded commitment shall be deemed terminated at the end of business on the Effective Date. SECTION 2.01 (b)