Common use of Term B Facility Loans Clause in Contracts

Term B Facility Loans. Each Term B Facility Lender severally agrees, on the terms and conditions of this Agreement, to make a term loan ("TERM B FACILITY LOANS") to Borrower in Dollars on the Closing Date in an aggregate principal amount up to the Term B Facility Commitment of such Lender. Term B Facility Loans that are repaid or prepaid may not be reborrowed.

Appears in 1 contract

Samples: Credit Agreement (Quest Diagnostics Inc)

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Term B Facility Loans. Each Term B Facility Lender severally agrees, on the terms and conditions of this Agreement, to make a term loan ("TERM Term B FACILITY LOANSFacility Loans") to Borrower in Dollars on the Closing Date in an aggregate principal amount up equal to the Term B Facility Commitment of such Lender. Term B Facility Loans that are repaid or prepaid may not be reborrowed.

Appears in 1 contract

Samples: Credit Agreement (Colony Rih Acquisitions Inc)

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Term B Facility Loans. Each Term B Facility Lender severally agrees, on the terms and conditions of this Agreement, to make a term loan ("TERM B FACILITY LOANSLoans") to Borrower in Dollars in a single draw on the Closing Date in an aggregate principal amount up equal to the Term B Facility Commitment of such Lender. Term B Facility Loans that are repaid or prepaid may not be reborrowed.

Appears in 1 contract

Samples: Credit Agreement (Nassau Broadcasting Corp)

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