Common use of New Term Commitment Clause in Contracts

New Term Commitment. Subject to the terms and conditions hereof and in reliance upon the representations and warranties set forth herein each Lender severally agrees to make available to the Borrower on the First Amendment Effective Date such Lender's New Term Loan Percentage of a term loan in Dollars (the "New Term Loan"; each component thereof may be referred to herein as a "New Term Loan") in the aggregate principal amount of ONE HUNDRED SIXTY MILLION DOLLARS ($160,000,000.00) (the "New Term Loan Committed Amount"). The New Term Loan may consist of Base Rate Loans or Eurodollar Loans, or a combination thereof, as the Borrower may request; provided, however, that no more than 6 Eurodollar Loans which are Loans under the New Term Loan shall be outstanding hereunder at any time (it being understood that, for purposes hereof, Eurodollar Loans with different Interest Periods shall be considered as separate Eurodollar Loans, even if they begin on the same date, although borrowings, extensions and conversions may, in accordance with the provisions hereof, be combined at the end of existing Interest Periods to constitute a new Eurodollar Loan with a single Interest Period). Amounts repaid on the New Term Loan may not be reborrowed.

New Term Commitment. Subject to the terms and conditions hereof ------------------- and in reliance upon the representations and warranties set forth herein herein, each Lender Bank severally agrees to make available to the Borrower that on the First Amendment Effective Date Closing Date, an amount equal to TWO HUNDRED THIRTY MILLION DOLLARS ($230,000,000) of Revolving Loans outstanding on such Lender's New Term Loan Percentage of date pursuant to Section 2.1(a) shall be converted and deemed funded as a term loan in Dollars (the "New Term Loan"; ), in ------------- accordance with each component thereof may be referred to herein as a "Bank's New Term Loan") in the aggregate principal amount of ONE HUNDRED SIXTY MILLION DOLLARS ($160,000,000.00) Loan Percentage (the "New Term Loan ------------- Committed Amount"). The New Term Loan may consist of Base Rate Loans or ---------------- Eurodollar Loans, or a combination thereof, as the Borrower may request; provided, -------- however, that no more than 6 five Eurodollar Loans which are Loans under comprise the New ------- Term Loan shall be outstanding hereunder at any time (it being understood that, for purposes hereof, Eurodollar Loans with different Interest Periods shall be considered as separate Eurodollar Loans, even if they begin on the same date, although borrowings, extensions and conversions may, in accordance with the provisions hereof, be combined at the end of existing Interest Periods to constitute a new Eurodollar Loan with a single Interest Period). Amounts repaid on the New Term Loan may not be reborrowed.