The Term Loan Commitments. (a) Subject to and upon the terms and conditions set forth herein, each Lender with an A Term Loan Commitment severally agrees to make a term loan or term loans (each, an “A Term Loan” and, collectively, the “A Term Loans”) to the Borrower, which A Term Loans (i) shall be incurred pursuant to a single drawing on the Initial Borrowing Date, (ii) shall be denominated in Dollars, (iii) except as hereinafter provided, shall, at the option of the Borrower, be incurred and maintained as, and/or converted into, Base Rate Loans or LIBOR Loans, provided that, except as otherwise specifically provided in Section 2.10(b), all A Term Loans comprising the same Borrowing shall at all times be of the same Type, and (iv) shall be made by each such Lender in that aggregate principal amount which does not exceed the A Term Loan Commitment of such Lender on the Initial Borrowing Date. Once repaid, A Term Loans incurred hereunder may not be reborrowed.
The Term Loan Commitments. (a) Subject to and upon the terms and conditions set forth herein, each Lender severally agrees to make, on or after the Effective Date and on or before the Commitment Termination Date, a term loan or term loans (each a “Term Loan” and, collectively, the “ Term Loans”) to the Borrower, which Term Loans (i) shall, at the option of the Borrower, be incurred and maintained as, and/or converted into, Base Rate Loans or Eurodollar Loans, provided that except as otherwise specifically provided in Section 1.10(b), the Term Loans made as part of each of the Initial Borrowing and the Delayed Borrowing shall initially be incurred and maintained as Base Rate Loans, (ii) shall be incurred pursuant to a maximum of two drawings (the first of which shall be, as further defined herein, the Initial Borrowing and the second of which shall be, as further defined herein, the Delayed Borrowing) on the Initial Borrowing Date and the Delayed -Draw Borrowing Date (which dates may be the same date), as applicable, (iii) shall be denominated in Dollars and (iv) shall not exceed (A) for any Lender, that amount which equals the Term Loan Commitment of such Lender as in effect on the date of such Borrowing (after giving effect to any termination thereof pursuant to Section 2.03(a) or (c), but before giving effect to the termination thereof on such date pursuant to Section 2.03(b)) and (B) for all Lenders, the Total Term Loan Commitment as in effect on the date of such Borrowing (after giving effect to any termination thereof pursuant to Section 2.03(a) or (c), but before giving effect to the termination thereof on such date pursuant to Section 2.03(b)). Once prepaid or repaid, Term Loans incurred hereunder may not be reborrowed.
The Term Loan Commitments. On the terms and subject to the conditions contained in this Agreement, on any Business Day during the period from the Initial Closing Date to September 30, 2001, each Term A Lender severally agrees to make a term loan to the Borrower (each a "Term A Loan") in an amount not to exceed at any time outstanding for all such loans by such Lender such Lender's Term A Loan Commitment; each Term B Lender severally agrees to make a term loan to the Borrower (each a "Term B Loan") in an amount not to exceed at any time outstanding for all such loans by such Lender such Lender's Term B Loan Commitment; each Term C Lender severally agrees to make a term loan to the Borrower (each a "Term C Loan" and together with the Term A Loans and Term B Loans, individually a "Term Loan" and collectively, the "Term Loans") in an amount not to exceed at any time outstanding for all such loans by such Lender such Lender's Term C Loan Commitment; provided, however, that no Term Loan shall be made other than as part of a Term Loan Borrowing consisting of Term A Loans, Term B Loans and Term C Loans. Amounts of Term Loans repaid may not be reborrowed.
The Term Loan Commitments. Each Lender with a Term Loan Commitment agrees to make a Term Loan as set forth at Section 2.4 hereof.
The Term Loan Commitments. Subject to and upon the terms and conditions set forth herein on the Borrowing Date, each Lender with an Initial Term Loan Commitment shall make (or be deemed to make) a term loan (each, an “Initial Term Loan” and, collectively, the “Initial Term Loans”) to the Borrower, in a principal amount equal to the amount set forth such Lender’s name in the Commitment Schedule directly below the column entitled “Initial Term Loan Commitment,” which Initial Term Loans (i) shall be incurred (or be deemed to incur) pursuant to a single drawing on the Borrowing Date and (ii) shall be denominated in Dollars. Once repaid, Initial Term Loans incurred hereunder may not be reborrowed. Each Lender shall be deemed to have executed and delivered this Agreement regardless of whether such Lender has executed and delivered a signature page hereto.
The Term Loan Commitments. (a) Subject to and upon the terms and conditions set forth herein, each Lender severally agrees to make, on the Effective Date, a term loan or term loans (each a “Term Loan” and, collectively, the “Term Loans”) to the Borrower, which Term Loans (i) shall, at the option of the Borrower, be incurred and maintained as, and/or converted into, Base Rate Loans or Eurodollar Loans, provided that except as otherwise specifically provided in Section 1.10(b), the Term Loans shall initially be incurred and maintained as Base Rate Loans, (ii) shall be incurred pursuant to a single drawing on the Effective Date, (iii) shall be denominated in Dollars and (iv) shall not exceed (A) for any Lender, that amount which equals the Term Loan Commitment of such Lender as in effect on the Effective Date and (B) for all Lenders, the Total Term Loan Commitment as in effect on the Effective Date. Once prepaid or repaid, Term Loans incurred hereunder may not be reborrowed.
The Term Loan Commitments. On the terms and subject to the conditions contained in this Agreement, including with respect to any PIK Payment under Section 2.9, each Lender severally agrees to make loans (each, a “Term Loan”) in Dollars to the Borrowers on the Effective Date in an aggregate principal amount not to exceed for all such loans by such Lender such Lender’s Term Loan Commitment, which Term Loan Commitments are set forth in Schedule I hereto. Term Loans repaid may not be reborrowed. Such Term Loans shall include, without limitation, any increase in the principal amount of the Loans as a result of a PIK Payment.
The Term Loan Commitments. On the terms and subject to the conditions contained in this Agreement, each Lender severally agrees to make loans (each, a “Term Loan”) in Dollars to the Borrowers on the Effective Date in an aggregate principal amount not to exceed for all such loans by such Lender such Lender’s Term Loan Commitment, which Term Loan Commitments are set forth in Schedule I hereto; provided, however, no Lender shall be obligated to make a Term Loan in excess of such Lender’s Ratable Portion of the Available Term Credit on the Effective Date. Term Loans repaid may not be reborrowed.
The Term Loan Commitments. Subject to the terms and conditions hereof, each Bank, by its acceptance hereof, severally agrees to extend a revolving credit (the "Term Credit") in the form of a loan or loans (individually a "Committed Term Loan" and collectively the "Committed Term Loans") to the Borrowers from time to time on a revolving basis in U.S. Dollars and Alternative Currencies in an aggregate outstanding Original Dollar Amount for both Borrowers, taken together, up to the amount of its commitment to make Committed Term Loans set forth on the applicable signature page hereof (its "Term Commitment" and cumulatively for all the Banks the "Term Commitments"), which Term Commitments on the date hereof total $60,000,000 (subject to any reductions thereof pursuant to the terms hereof), prior to the Termination Date. The sum of the aggregate Original Dollar Amount of outstanding Committed Term Loans, to both Borrowers, taken together, shall not exceed the Term Commitments then in effect. Each Borrowing of Committed Term Loans shall be made ratably from the Banks in proportion to their respective Percentages. As provided in Section 2.3(a) hereof, the Borrowers may elect that each Borrowing of Committed Term Loans denominated in U.S. Dollars be made available by means of (i) Eurocurrency Loans or (ii) Domestic Rate Loans or (iii) Adjusted CD Rate Loans, or any combination thereof. All Committed Term Loans denominated in an Alternative Currency shall be Eurocurrency Loans. Each Borrowing of Committed Term Loans may be repaid and the principal amount thereof reborrowed prior to the Termination Date, subject to all reductions in the Term Commitments and all other terms and conditions hereof.
The Term Loan Commitments. (a) Subject to and upon the terms and conditions set forth herein, each Lender severally agrees to make, on or after the Effective Date and on or before the Commitment Termination Date, a term loan or term loans (each a “Term Loan” and, collectively, the “Term Loans”) to the Borrower, which Term Loans (i) shall, at the option of the Borrower, be incurred and maintained as, and/or converted into, Base Rate Loans or Eurodollar Loans, provided that except as otherwise specifically provided in Section 1.10(b), the Term Loans shall initially be incurred and maintained as Base Rate Loans, (ii) shall be incurred pursuant to a single drawing on the Borrowing Date, (iii) shall be denominated in Dollars and (iv) shall not exceed (A) for any Lender, that amount which equals the Term Loan Commitment of such Lender as in effect on the Borrowing Date and (B) for all Lenders, the Total Term Loan Commitment as in effect on the Borrowing Date. Once prepaid or repaid, Term Loans incurred hereunder may not be reborrowed.
