Term Borrowings. Subject to the terms and conditions set forth herein, each Term Lender severally agrees to make to the Borrowers on the Closing Date one or more Term Borrowings denominated in Dollars in an aggregate amount not to exceed the amount of such Term Lender’s Term B Commitment. Amounts borrowed under this Section 2.01(a) and repaid or prepaid may not be reborrowed. Term Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.
Appears in 3 contracts
Sources: Credit Agreement (Aptalis Holdings Inc.), Credit Agreement (Par Pharmacuetical, Inc.), Credit Agreement (Par Pharmacuetical, Inc.)
Term Borrowings. Subject to the terms and conditions expressly set forth herein, each Term Lender severally agrees to make to the Borrowers Borrower on the Closing Date one or more Term Borrowings of Initial Term Loans denominated in Dollars in an aggregate amount not to exceed at any time outstanding the amount of such Term Lender’s Initial Term B Commitment. Amounts borrowed under this Section 2.01(a) and repaid or prepaid may not be reborrowedre-borrowed. Term Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.
Appears in 3 contracts
Sources: Omnibus Incremental Term Loan and Seventh Amendment to Credit Agreement (Global Eagle Entertainment Inc.), Credit Agreement (Global Eagle Entertainment Inc.), First Lien Credit Agreement (Jason Industries, Inc.)
Term Borrowings. Subject to the terms and conditions expressly set forth herein, each Term Lender with an Initial Term Commitment severally agrees to make to the Borrowers Borrower on the Closing Date one or more a Term Borrowings Borrowing denominated in Dollars in an aggregate amount not to exceed at any time outstanding the amount of such Term Lender’s Initial Term B Commitment. Amounts borrowed under this Section 2.01(a) and repaid or prepaid may not be reborrowedre-borrowed. Term Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.
Appears in 1 contract
Term Borrowings. Subject to the terms and conditions expressly set forth herein, each Term Lender severally agrees to make to the Borrowers Borrower on the Closing Funding Date one or more Term Borrowings of Initial Term Loans denominated in Dollars in an aggregate amount not to exceed at any time outstanding the amount of such Term Lender’s Initial Term B Commitment. Amounts borrowed under this Section Section 2.01(a) and repaid or prepaid may not be reborrowedre-borrowed. Term Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.
Appears in 1 contract
Sources: Credit Agreement (OTG EXP, Inc.)
Term Borrowings. Subject to the terms and conditions expressly set forth herein, each Term Lender severally agrees to make to the Borrowers Borrower on the Closing Date one or more Term Borrowings of Initial Term Loans denominated in Dollars in an aggregate amount not to exceed at any time outstanding the amount of such Term Lender’s Initial Term B Commitment. Amounts borrowed under this Section 2.01(a) and repaid or prepaid may not be reborrowedre‑borrowed. Term Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.
Appears in 1 contract
Sources: First Lien Credit Agreement (Jason Industries, Inc.)