Initial Term Loan Facility. Subject to the terms and conditions hereof, each Lender agrees to make available loans in the amount of such Lender’s Initial Term Loan Commitment to the Borrowers in Dollars (each, an “Initial Term Loan” and, collectively, the “Initial Term Loans”) on the Effective Date. Amounts repaid in respect of Initial Term Loans may not be reborrowed.
Appears in 2 contracts
Sources: Credit Agreement (Polaris Inc.), Credit Agreement (Polaris Inc.)
Initial Term Loan Facility. Subject to the terms and conditions hereof, each Lender agrees to make available loans in the amount of such Lender’s Initial Term Loan Commitment to the Borrowers in Dollars (each, an aan “Initial Term Loan” and, collectively, the “Initial Term Loans”) on the Effective Date. Amounts repaid in respect of Initial Term Loans may not be reborrowed.
Appears in 1 contract
Sources: Credit Agreement (Polaris Inc.)