Common use of Term Loan Commitments Clause in Contracts

Term Loan Commitments. On and subject to the terms and conditions of this Agreement, each Lender, severally and for itself alone, agrees to make a multi-draw term loan to Borrower (each such loan, a “Term Loan”) in such Lender’s applicable Pro Rata Term Loan Share of the Term Loan Commitment. The Commitments of Lenders to make a Term Loan shall terminate concurrently with the making of such Term Loan on the Closing Date. The Loan is not a revolving credit facility, and therefore, Term Loans which are repaid or prepaid by Borrower, in whole or in part, may not be re-borrowed.

Term Loan Commitments. On and subject to the terms and conditions of this Agreement, each Lender, severally and for itself alone, agrees to make a multi-draw term loan to Borrower (each such loan, individually and collectively, a “Term Loan”) in an amount equal to such Lender’s applicable Pro Rata Term Loan Share of the Term Loan Commitment. The Commitments of Lenders to make a Term Loan shall terminate concurrently with the making of such Term Loan on the Closing Date. The Loan is not a revolving credit facility, and therefore, Term Loans which are any amount thereof that is repaid or prepaid by Borrower, in whole or in part, may not be re-borrowedre‑borrowed.

Term Loan Commitments. On and subject to the terms and conditions of this Agreement, each Lender, severally and for itself alone, agrees to make a multi-draw term loan to Borrower (each such loan, a the “Term Loan”) on the Closing Date in an amount equal to such Lender’s applicable Pro Rata Term Loan Share of the Term Loan Commitment. The Commitments of Lenders to make a any portion of the Term Loan shall terminate concurrently with the making of such Term Loan on the Closing DateLoan. The Loan is not a revolving credit facility, and therefore, Term Loans which are therefore any amount thereof that is repaid or prepaid by Borrower, in whole or in part, may not be re-borrowed.

Term Loan Commitments. On and subject Subject to the terms and conditions of this Agreement, each Lender, severally and for itself alone, agrees to make a multi-draw term loan to Borrower (each such loan, a the “Term Loan”) pursuant to Section 2.2.1 in an amount equal to such Lender’s applicable Pro Rata Term Loan Share of the Term Loan Commitment. The Commitments of Lenders to make a any portion of the Term Loan shall terminate concurrently with the making of such Term Loan on the Closing DateLoan. The Term Loan is not a revolving credit facility, and therefore, Term Loans which are therefore any amount thereof that is repaid or prepaid by Borrower, in whole or in part, may not be re-borrowed.