Common use of COMMITMENT AND BORROWING‌‌ SECTION 2.01 Commitment Clause in Contracts

COMMITMENT AND BORROWING‌‌ SECTION 2.01 Commitment. Subject to the terms and conditions set forth herein, the Initial Lender agrees to make the Loans to the Borrower in one installment on the Funding Date in an aggregate principal amount not to exceed the Initial Lender’s Commitment. Amounts borrowed under this Section 2.01 and repaid or prepaid may not be reborrowed.‌

Appears in 3 contracts

Samples: Loan and Guarantee Agreement, Loan and Guarantee Agreement, Loan and Guarantee Agreement

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COMMITMENT AND BORROWING‌‌ SECTION 2.01 Commitment. Subject to the terms and conditions set forth herein, the Initial Lender agrees to make the Loans to the Borrower in one installment up to two installments on or after the Funding Closing Date in an aggregate principal amount not to exceed the Initial Lender’s Commitment. Amounts borrowed under this Section 2.01 and repaid or prepaid may not be reborrowed.‌

Appears in 1 contract

Samples: Loan and Guarantee Agreement

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COMMITMENT AND BORROWING‌‌ SECTION 2.01 Commitment. Subject to the terms and conditions set forth herein, the Initial Lender agrees to make the Loans to the Borrower in one installment on the Funding Date in an aggregate principal amount not to exceed the Initial Lender’s Commitment. Amounts borrowed under this Section 2.01 and repaid or prepaid may not be reborrowed.‌reborrowed.

Appears in 1 contract

Samples: Loan and Guarantee Agreement

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