Common use of Term A Loan Commitments Clause in Contracts

Term A Loan Commitments. Subject to the terms and conditions set forth herein, each Initial Term A Lender severally agrees to make Initial Term A Loans to the Borrower on the Closing Date in an amount not to exceed such Term Lender’s Initial Term A Loan Commitment. Following the making or continuation thereof, as applicable, (a) on the Second Amendment Effective Date, the Extended 2023 Term Loans and (b) on the Fourth Amendment Effective Date, the Extended 2025 Term Loans, each shall constitute Initial Term A Loans and Term A Loans, as applicable, in all respects. Amounts borrowed under this Section 2.01 and repaid or prepaid may not be reborrowed.

Term A Loan Commitments. Subject to the terms and conditions set forth herein, each Initial Term A Lender severally agrees to make Initial Term A Loans to the Borrower on the Closing Date in an amount not to exceed such Term Lender’s Initial Term A Loan Commitment. Following the making or continuation thereof, as applicable, (a) on the Second Amendment Effective Date, the Extended 2023 Term Loans and (b) on the Fourth Amendment Effective Date, the Extended 2025 Term Loans, each shall constitute Initial Term A Loans and Term A Loans, as applicable, in all respects. Amounts borrowed under this Section 2.01 and repaid or prepaid may not be reborrowed.