Common use of Incremental Term Commitment Clause in Contracts

Incremental Term Commitment. Amounts borrowed under this Section 2.01(g) and subsequently repaid or prepaid may not be reborrowed. Immediately upon the funding of the Amendment No. 6 Incremental Term Loans and without further action from any Person, (i) such Amendment No. 6 Incremental Term Loans shall automatically constitute Term Loans for all purposes of this Agreement and the other Loan Documents and (ii) such Amendment No. 6 Incremental Term Lender shall automatically constitute a Term Lender for all purposes of this Agreement and the other Loan Documents. For the avoidance of doubt, and notwithstanding anything in Section 2.01(e) or (f) or any other provision in this Agreement or in any other Loan Document to the contrary, following the effectiveness of Amendment No. 6 on the Amendment No. 6 Effective Date, there shall not exist under the Agreement any tranche of Term Loans other than a single tranche of Term Loans consisting of the Amendment No. 5 Refinancing Term Loans and the Amendment No. 6 Incremental Term Loans.