Additional Term Borrowings Clause Samples

Additional Term Borrowings. Subject to the terms and conditions set forth herein, (a) each Additional Term Lender that is an Additional Term Lender on the Additional Term Loan Effective Date severally agrees to make a single loan in Dollars to the U.S. Borrower on the Additional Term Loan Effective Date in an amount not to exceed such Additional Term Lender’s Additional Term Commitment; and (b) any Additional Term Lender that becomes an Additional Term Lender after the Additional Term Loan Effective Date agrees to make a loan in Dollars to the U.S. Borrower on the date specified in the Incremental Joinder Supplement executed by such Lender in an amount not to exceed such Additional Term Lender’s Additional Term Commitment. Each Additional Term Borrowing shall consist of Additional Term Loans made by the Additional Term Lenders in accordance with the prior sentence. Amounts borrowed under this Section 2.01(a)(ii) and repaid or prepaid may not be reborrowed. Additional Term Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.”

Additional Term Borrowings. Subject to the terms and conditions set forth herein and in any Credit Agreement Supplement establishing an Additional Term Facility, each Appropriate Lender under such Facility severally agrees to make a single loan to the Borrower on the Additional Term Effective Date for such Facility in an amount not to exceed such Lender’s Additional Term Commitment under such Facility. The Additional Term Borrowing under each Additional Term Facility shall consist of Additional Term Loans made simultaneously by the Additional Term Lenders under such Facility in accordance with their respective Additional Term Commitments under such Facility. Amounts borrowed under this Section 2.01(b) and the applicable Credit Agreement Supplement and repaid or prepaid may not be reborrowed. Additional Term Loans may be Base Rate Loans or Eurodollar Rate Loans as further provided herein and in the applicable Credit Agreement Supplement.

Additional Term Borrowings. The Borrower, the -------------------------- Administrative Agent and the applicable Lenders and Additional Term Lenders may establish and provide for Additional Term Facilities hereunder, or an increase in any existing Term Facility, in each case pursuant to the terms of one or more Credit Agreement Supplements in accordance with Section 2.14. Amounts borrowed under this Section ------------ ------- 2.01(a)(ii) and the applicable Credit Agreement Supplement ----------- and repaid or prepaid may not be reborrowed. Additional Term Loans, and any other Term Loans made pursuant to this Section 2.01(a)(ii) may be Base Rate Loans or Eurodollar ------------------- Rate Loans as further provided in the applicable Credit Agreement Supplement.