Common use of Initial Drawing Clause in Contracts

Initial Drawing. The New Term Loans shall be denominated in Dollars and shall be made in a single drawing on the Funding Date. Upon the funding of the New Term Loans on the Funding Date, the New Term Loan Commitment of the New Term Loan Lender shall be $0.

Appears in 6 contracts

Sources: Joinder and Amendment Agreement (National Vision Holdings, Inc.), Joinder Agreement (National Vision Holdings, Inc.), Joinder and Amendment Agreement (National Vision Holdings, Inc.)

Initial Drawing. The New Term Loans shall be denominated in Dollars and shall be made in a single drawing on the Funding Effective Date. Upon the funding of the New Term Loans on the Funding Effective Date, the New Term Loan Commitment of the each New Term Loan Lender shall be $0.

Appears in 2 contracts

Sources: Joinder and Amendment Agreement, Joinder and Amendment Agreement (National Vision Holdings, Inc.)

Initial Drawing. The New Term A Loans shall be denominated in Dollars and shall be made in a single drawing on the Funding Effective Date. Upon the funding of the New Term A Loans on the Funding Effective Date, the New Term A Loan Commitment of the each New Term Loan A Lender shall be $0.

Appears in 1 contract

Sources: Joinder and Amendment Agreement (National Vision Holdings, Inc.)

Initial Drawing. The New Term Loans shall be denominated in Dollars and shall be made in a single drawing on the Funding Date. Upon the funding of the New Term Loans on the Funding Date, the New Term Loan Commitment of the each New Term Loan Lender shall be $0.

Appears in 1 contract

Sources: Joinder Agreement (National Vision Holdings, Inc.)