Common use of Initial Term Loan Clause in Contracts

Initial Term Loan. Subject to the terms and conditions of this Agreement and the other Loan Documents, and in reliance upon the representations and warranties set forth in this Agreement and the other Loan Documents, each Term Loan Lender severally agrees to make the Initial Term Loan to the Borrower on the Closing Date in a principal amount equal to such Lender’s Term Loan Commitment as of the Closing Date.

Appears in 4 contracts

Sources: Credit Agreement (Switch, Inc.), Credit Agreement (Switch, Inc.), Credit Agreement (Fidelity National Financial, Inc.)

Initial Term Loan. Subject to the terms and conditions of this Agreement and the other Loan Documents, and in reliance upon the representations and warranties set forth in this Agreement and the other Loan DocumentsAgreement, each Term Loan Lender severally agrees to make the Initial Term Loan to the Borrower on the Closing Date in a principal amount equal to such Lender’s Term Loan Commitment as of the Closing Date.

Appears in 4 contracts

Sources: Credit Agreement (Kronos Worldwide Inc), Credit Agreement (Federal Signal Corp /De/), Credit Agreement (DynCorp International LLC)

Initial Term Loan. Subject to the terms and conditions of this Agreement and the other Loan Documents, and in reliance upon the representations and warranties set forth in this Agreement and the other Loan Documents, each Term Loan Lender severally agrees to make the Initial Term Loan to the Borrower on the Closing Date in a principal amount equal to such Lender▇▇▇▇▇▇’s Term Loan Commitment as of the Closing Date.

Appears in 3 contracts

Sources: Credit Agreement (Switch, Inc.), Credit Agreement (Switch, Inc.), Credit Agreement (Fidelity National Financial, Inc.)

Initial Term Loan. Subject to the terms and conditions of this Agreement and the other Loan Documents, and in reliance upon the representations and warranties set forth in this Agreement and the other Loan Documents, each Term Loan Lender severally agrees to make the Initial Term Loan to the US Borrower on the Closing Date in a principal amount equal to such Lender’s Term Loan Commitment as of the Closing Date.

Appears in 3 contracts

Sources: Credit Agreement (DXP Enterprises Inc), Credit Agreement (DXP Enterprises Inc), Credit Agreement (DXP Enterprises Inc)

Initial Term Loan. Subject to the terms and conditions of this Agreement and the other Loan Documents, and in reliance upon the representations and warranties set forth in this Agreement and the other Loan Documents, each Lender with an Initial Term Loan Lender Commitment severally agrees to make its Initial Term Loan Percentage of the Initial Term Loan in Dollars to the Borrower on the Closing Date in a principal amount equal to such Lender’s Initial Term Loan Commitment as of the Closing DateCommitment.

Appears in 2 contracts

Sources: Credit Agreement (CoreCivic, Inc.), Credit Agreement (CoreCivic, Inc.)

Initial Term Loan. Subject to the terms and conditions of this Agreement and the other Loan DocumentsAgreement, and in reliance relying upon the representations and warranties set forth in this Agreement below as and the other Loan Documentswhen made or deemed to be made, each Term Loan Lender severally agrees to make the with an Initial Term Loan Commitment, severally and not jointly, agrees to the lend to Borrower on the Closing Date Date, term loans in a principal the amount equal to set forth opposite such Lender▇▇▇▇▇▇’s name in Schedule 2.1(a) as its Initial Term Loan Commitment as of the Closing DateCommitment.

Appears in 2 contracts

Sources: Second Lien Loan and Security Agreement (Kodiak Robotics, Inc.), Second Lien Loan and Security Agreement (Kodiak Robotics, Inc.)

Initial Term Loan. Subject to the terms and conditions of this Agreement and the other Loan Documents, and in reliance upon the representations and warranties set forth in this Agreement and the other Loan Documents, each Term Loan Lender severally agrees to make the Initial Term Loan to the Borrower on the Closing Date in a principal amount equal to such Lender’s Term Loan Commitment as of the Closing DateCommitment.

Appears in 2 contracts

Sources: Credit Agreement (SYNAPTICS Inc), Credit Agreement (SYNAPTICS Inc)

Initial Term Loan. Subject to the terms and conditions of this Agreement and the other Loan Documents, and in reliance upon the representations and warranties set forth in this Agreement and the other Loan Documents, each Term Loan Lender severally agrees to make the portion of the Initial Term Loan set forth on Schedule 1.01 to the Borrower Company on the Closing Date in a principal amount equal to such Lender’s Term Loan Commitment as of the Closing Effective Date.

Appears in 1 contract

Sources: Credit Agreement (Cambrex Corp)

Initial Term Loan. Subject to the terms and conditions of this Agreement and the other Loan Documents, and in reliance upon the representations and warranties set forth in this Agreement and the other Loan Documents, each Term Loan Lender severally agrees to make the Initial Term Loan to the Borrower in Dollars on the Closing Date in a principal amount equal to such Lender’s Term Loan Commitment as of the Closing Date.

Appears in 1 contract

Sources: Credit Agreement (Quanex Building Products CORP)

Initial Term Loan. Subject to the terms and conditions of this Agreement and the other Loan Documents, and in reliance upon the representations and warranties set forth in this Agreement and the other Loan Documents, each Term Loan Lender severally agrees to make the Initial Term Loan to the Borrower on the Closing Date in a principal amount equal to such Lender’s Term Loan Commitment as of the Closing Date.

Appears in 1 contract

Sources: Term Loan Credit Agreement (Belden Inc.)

Initial Term Loan. Subject to the terms and conditions of this Agreement and the other Loan Documents, and in reliance upon the representations and warranties set forth in this Agreement and the other Loan Documents, each Term Loan Lender severally agrees to make the Initial Term Loan to the Borrower on the Closing First Amendment Effective Date in a principal amount equal to the amount of such Lender’s Initial Term Loan Commitment commitment as of the Closing Dateset forth on Schedule 1.

Appears in 1 contract

Sources: Credit Agreement (Fair Isaac Corp)