Original Term Commitment definition
Examples of Original Term Commitment in a sentence
Subject to the terms and conditions set forth herein, each Term Lender severally agrees to make to the Borrower on the Closing Date loans denominated in Dollars in an aggregate amount not to exceed the amount of such Term Lender’s Original Term Commitment.
The Original Term Commitment of each Term Lender shall be automatically and permanently reduced to $0 upon the funding of Term Loans to be made by it on the Closing Date.
Subject to the terms and conditions set forth herein, each Original Term Lender severally agrees to make aan Original Term Loan in dollars to the Borrower, on the Effective Date, in a principal amount not to exceed such Lender’s Original Term Commitment.
The Original Term Commitment of each Original Term Lender shall be automatically and permanently reduced to $0 upon the making of such Original Term Lender's Original Term Loans pursuant to Section 2.01(a)(A) on the Closing Date.
The Original Term Commitment of each Original Term Lender shall be automatically and permanently reduced to $0 upon the making of such Original Term Lender’s Original Term Loans pursuant to Section 2.01(a) on the Closing Date.