Facility means bothany or eitherall of the TermClosing Date Term Facility, Term A-1 Loan Facility, Term A-2 Loan Facility or the Revolving Credit Facility, as the context may require.
Notwithstanding anything to the contrary contained herein, each Term A-2 Lender may, at its option, fulfill its obligations to make any Term A-2 Loan available to the Borrowers by causing any foreign or domestic branch or Affiliate of such Lender to make such Loan; provided that the exercise of such option shall not affect the obligation of the Borrowers to repay such Loan in accordance with the terms of this Agreement.
On the Effective Date, each Roll-Up Claim shall be deemed converted, as of the Effective Date, into an Exit Facility Term A-2 Loan in a principal amount equal to the unpaid amount of the Roll-Up Claim so converted, and such Roll-Up Claims shall be deemed cancelled and of no further force or effect.
Subject to the terms and conditions set forth herein, each Lender severally agrees to make its portion of a term loan (the Term A-2 Loan) to the Borrower in Dollars on the Initial Funding Date in an amount not to exceed such Lenders Term A-2 Loan Commitment.
Subject solely to the terms and conditions set forth herein, each Term A-2 Lender severally agrees to make to the Designated Borrower 2 one Term A-2 Loan on the Closing Date in Dollars and in an aggregate principal amount equal to its Term A-2 Commitment as in effect on the Closing Date.