Common use of Term A-4 Loans Clause in Contracts

Term A-4 Loans. On the terms and subject to the conditions of the 2018 Increase Amendment and this Agreement (including Article V), each Term A-4 Loan Lender severally agrees to make, on the Amendment Effective Date, one loan (each, a “Term A-4 Loan” and, collectively for all the Term A-4 Loan Lenders, the “Term A-4 Loans”) to the Borrower in such principal amount equal to the lesser of (A) such Lender’s Term A-4 Loan Commitment and (B) such Lender’s Percentage of the aggregate amount of the Borrowing of Term A-4 Loans requested by the Borrower to be made on the Effective Date. Amounts outstanding under the Term A-4 Loan that are repaid or prepaid may not be reborrowed. The proceeds of all Term A-4 Loans shall be used solely for the purposes described in Section 4.10(a).