Common use of Term Facility Loans Clause in Contracts

Term Facility Loans. (i) Each Lender with a Tranche A Term Facility Commitment agrees, severally and not jointly, on the terms and conditions of this Agreement, to make Term Facility Loans to Borrower in Dollars from time to time, on any Business Day during the applicable Term Facility Availability Period, in an aggregate principal amount at any one time outstanding not exceeding the amount of the Tranche A Term Facility Commitment of such Term Facility Lender as in effect from time to time.

Appears in 2 contracts

Samples: Credit Agreement (Wynn Las Vegas LLC), Credit Agreement (Wynn Resorts LTD)

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Term Facility Loans. (i) Each Lender with a Tranche A Term Facility Commitment agrees, severally and not jointly, on the terms and conditions of this Agreement, to make Term Facility Loans to Borrower in Dollars from time to time, on any Business Day during the applicable Term Facility Availability Period, in an aggregate principal amount at any one time outstanding not exceeding the amount of the Tranche A Term Facility Commitment of such Term Facility Lender as in effect from time to time.

Appears in 2 contracts

Samples: Credit Agreement (Wynn Resorts LTD), Credit Agreement (Wynn Las Vegas LLC)

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Term Facility Loans. (i) Each Lender with a Tranche A Term Facility Commitment agrees, severally and not jointly, on the terms and conditions of this Agreement, to make Term Facility Loans to Borrower in Dollars from time to time, on any Business Day during the applicable Term Facility Availability Period, in an aggregate principal amount at any one time outstanding not exceeding the amount of the Tranche A Term Facility Commitment of such Term Facility Lender as in effect from time to time.. (c)

Appears in 1 contract

Samples: Credit Agreement (Wynn Resorts LTD)

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