Term A Loan Commitments. Each Lender agrees to make a Loan to the Borrowers (each such loan, a “Term A Loan”) on the Closing Date in such Lender’s applicable Pro Rata Term A Loan Share of the Term A Loan Commitment. The Term A Loan Commitments of the Lenders to make Term A Loans shall terminate concurrently with the making of the Term A Loans on the Closing Date.
Appears in 1 contract
Sources: Credit Agreement
Term A Loan Commitments. Each Lender agrees to make a Loan loan to the Borrowers (each all of such loanloans, a collectively the “Term A Loan”) on the Closing Date in such Lender’s applicable Pro Rata Term A Loan Share of the Term A Loan Commitment. The Commitments of Lenders to make the Term A Loan Commitments of the Lenders to make Term A Loans shall terminate concurrently with the making of the Term A Loans Loan on the Closing Date. Any portion of the Term A Loan which is repaid or prepaid by Borrowers, in whole or in part, may not be reborrowed.
Appears in 1 contract
Sources: Credit Agreement (Rosetta Stone Inc)