Common use of Term Loan Commitments Clause in Contracts

Term Loan Commitments. Subject to the terms and conditions set forth herein each Term Lender agrees, severally and not jointly, to make a Term Loan in Dollars to the Borrower on the Closing Date in an amount equal to the Term Loan Commitment of such Term Lender; provided, however, that after giving effect to any Term Loan, the Total Outstanding Amount of all Lenders shall not exceed the Borrowing Base.

Appears in 3 contracts

Sources: Credit Agreement (B. Riley Financial, Inc.), Credit Agreement (B. Riley Financial, Inc.), Credit Agreement (B. Riley Financial, Inc.)

Term Loan Commitments. Subject to the terms and conditions herein set forth herein forth, each Term Lender agrees, severally and not jointly, to make a Term Loan in Dollars to the Borrower on the Closing Date in an a principal amount equal not to the exceed its Term Loan Commitment Commitment. Amounts repaid or prepaid in respect of such Term Lender; provided, however, that after giving effect to any Term Loan, the Total Outstanding Amount of all Lenders shall Loans may not exceed the Borrowing Basebe reborrowed.

Appears in 3 contracts

Sources: Term Loan Agreement (ConvergeOne Holdings, Inc.), Term Loan Agreement (Forum Merger Corp), Term Loan Agreement (CDW Corp)

Term Loan Commitments. Subject to the terms and conditions herein set forth herein forth, each Term Lender agrees, severally and not jointly, to make a Term Loan in Dollars to the Borrower on the Closing Date in an a principal amount equal not to the exceed its Term Loan Commitment Commitment. Amounts paid or prepaid in respect of such Term Lender; provided, however, that after giving effect to any Term Loan, the Total Outstanding Amount of all Lenders shall Loans may not exceed the Borrowing Basebe reborrowed.

Appears in 3 contracts

Sources: Term Loan Agreement (CDW Finance Corp), Term Loan Agreement (CDW Corp), Term Loan Agreement (CDW Finance Corp)

Term Loan Commitments. Subject to the terms and conditions set forth herein each Term Lender agrees, severally and not jointly, to make a Term Loan in Dollars to the Borrower on the Closing Date in an amount equal to the Term Loan Commitment of such Term Lender; provided, however, that after giving effect to any Term LoanBorrowing, the Total Outstanding Amount of all Lenders shall not exceed the Borrowing Base.

Appears in 1 contract

Sources: Credit Agreement (B. Riley Financial, Inc.)

Term Loan Commitments. Subject to the terms and conditions set forth herein each Term Lender agrees, severally and not jointly, to make a Term Loan in Dollars to the Borrower on the Closing Date in an amount equal |US-DOCS\150811028.6|| to the Term Loan Commitment of such Term Lender; provided, however, that after giving effect to any Term Loan, the Total Outstanding Amount of all Lenders shall not exceed the Borrowing Base.

Appears in 1 contract

Sources: Credit Agreement (B. Riley Financial, Inc.)