Common use of Additional Term Loan Clause in Contracts

Additional Term Loan. Subject to the terms and conditions set forth herein, each Lender with an Additional Term Loan Commitment severally agrees to make Additional Term Loans to the Borrowers on the Closing Date, in an amount equal to such ▇▇▇▇▇▇’s Additional Term Loan Commitment. The Borrowers shall request the funding of the Additional Term Loan pursuant to the procedures set forth in Section 2.02(b). Each Lender’s Additional Term Loan Commitment shall automatically be terminated upon the funding of such Lender’s Additional Term Loans on the Closing Date. The principal amount of any Additional Term Loan which is repaid or prepaid may not be reborrowed.

Additional Term Loan. Subject to the terms and conditions set forth herein, each Lender with an Additional Term Loan Commitment severally agrees to make Additional Term Loans to the Borrowers on the Closing Date, in an amount equal to such Lend▇▇▇▇▇▇’s ’▇ Additional Term Loan Commitment. The Borrowers shall request the funding of the Additional Term Loan pursuant to the procedures set forth in Section 2.02(b). Each Lender’s Additional Term Loan Commitment shall automatically be terminated upon the funding of such Lender’s Additional Term Loans on the Closing Date. The principal amount of any Additional Term Loan which is repaid or prepaid may not be reborrowed.