Common use of Making of New Tranche A Term Loans Clause in Contracts

Making of New Tranche A Term Loans. Subject to the terms and conditions set forth in this Agreement and Section 2.2(a), on the Effective Date, each Tranche A Term Loan Lender that is (i) providing a new Tranche A Term Loan Commitment, in the amounts set forth on Schedule I as such Tranche A Term Loan Lender’s “New Tranche A Term Loan Commitment Amount,” or (ii) increasing its existing “Tranche A Term Loan Commitment” under and as defined in the Existing Loan Agreement, in the amounts set forth on Schedule I as such Tranche A Term Loan Lender’s “Increased Tranche A Term Loan Commitment Amount,” in each case, agrees severally and not jointly to make Tranche A Term Loans denominated in Dollars to the Borrower on the Effective Date in an aggregate principal amount up to, but not exceeding, such Lender’s Tranche A Term Loan Commitment hereunder after giving effect to the Assumption. Upon the funding by each Tranche A Term Loan Lender of its Tranche A Term Loan on the Effective Date, the Tranche A Term Loan Commitment of such Tranche A Term Loan Lender shall terminate whether or not the full amount of the Tranche A Term Loan Commitments are funded on such date. Once repaid, the principal amount of a Tranche A Term Loan (or portion thereof) may not be reborrowed.