Common use of First Amendment Term Loans Clause in Contracts

First Amendment Term Loans. Subject to the terms and conditions hereof, each 2022 Incremental Lender severally agreed to make, on the First Amendment Effective Date, a term loan to Borrower in an amount equal to such 2022 Incremental Lender’s 2022 Term Loan Commitment as of the First Amendment Effective Date. The 2022 Incremental Term Loans were voluntarily prepaid in full with the proceeds of the Initial Term Loans on the Second Amendment Effective Date.