Term Loans; Facilities Increase Sample Clauses

Term Loans; Facilities Increase. (a) Tranche A Term Loan. Subject to the terms and conditions of this Agreement, each Tranche A Term Loan Lender severally agrees to make a loan to the US Borrower in Dollars on the Restatement Date in an amount equal to such Tranche A Term Loan Lender’s Tranche A Term Loan Commitment in effect on the Restatement Date. The principal amount of each Segment of the Tranche A Term Loan outstanding hereunder from time to time shall bear interest and shall be repayable as herein provided. No amount of the Tranche A Term Loan repaid or prepaid by the US Borrower may be reborrowed hereunder, and no Borrowing under the Tranche A Term Loan Facility shall be allowed other than the advance set forth in the first sentence of this Section 2.01(a) and any Incremental Tranche A Term Loan advanced as part of any Facilities Increase. Each Tranche A Term Loan Lender shall, pursuant to the terms and subject to the conditions of this Agreement, make available by wire transfer to the Administrative Agent not later than 12:00 noon New York time on the Restatement Date, the amount of its Pro Rata Tranche A Term Share of the Tranche A Term Loan Facility then in effect. Each such wire transfer shall be directed to the Administrative Agent at the Administrative Agent’s Office and shall be in the form of Same Day Funds in Dollars. The amounts so received by the Administrative Agent shall, subject to the terms and conditions of this Agreement, including the satisfaction of all applicable conditions in Sections 4.01 (Conditions Precedent to Initial Credit Extensions) and 4.02 (Conditions Precedent to Each Credit Extension), be made available to the US Borrower by delivery of the proceeds thereof as shall be directed by a Responsible Officer of the US Borrower. The US Borrower shall deliver to the Administrative Agent a Tranche A Term Loan Interest Rate Selection Notice no later than 12:00 noon New York time at least one (1) Business Day prior to the Restatement Date (or at least three (3) Business Days prior to the Restatement Date in the case of any Eurodollar Rate Loans), requesting the Borrowing of the Tranche A Term Loan. The Tranche A Term Loan Interest Rate Selection Notice shall specify (i) the proposed funding date of the Tranche A Term Loan (which shall be a Business Day), (ii) the amount of the requested Borrowing, and (iii) the Type of Borrowing under the Tranche A Term Loan Facility so requested.