Examples of Incremental Term A Loan in a sentence
Subject to the terms and conditions set forth herein and in the Fifth Amendment, and in accordance with the Fifth Amendment (and without duplication thereof), each Incremental Term A Lender party to the Fifth Amendment with an Incremental Term A Loan Commitment severally agrees to make its portion of the Incremental Term A Loan to the Company in Dollars on the Fifth Amendment Effective Date in an amount not to exceed such Xxxxxx’s Incremental Term A Loan Commitment.
Amounts repaid on the Incremental Term A Loan may not be reborrowed.
The Incremental Term A Loan may consist of Base Rate Loans or Term SOFR Loans, or a combination thereof, as further provided herein, CHAR1\1976173v4 provided, however, that any Borrowings made on the Fifth Amendment Effective Date shall be made as Base Rate Loans unless the Company delivers a funding indemnity letter not less than three (3) Business Days prior to the date of such Borrowing.
The Incremental Term A Loan may consist of Base Rate Loans or Term SOFR Loans, or a combination thereof, as further provided herein, provided, however, that any Borrowings made on the Fifth Amendment Effective Date shall be made as Base Rate Loans unless the Company delivers a funding indemnity letter not less than three (3) Business Days prior to the date of such Borrowing.