No part of the proceeds of any Term B2 Loan will be used, whether directly or indirectly, for any purpose that entails a violation of any of the Regulations of the Board, including Regulations T, U and X.
Unless previously terminated, the Term B2 Loan Commitments shall terminate if and to the extent that the Term B2 Loans have not been made on or prior to the Effective Date.
Subject to the last sentence of this clause (iii) and the other terms and conditions set forth herein, each Lender severally agrees to make its portion of a term loan (the Term B-2 Loan) to the Borrower on the Commitment Effective Date in an amount not to exceed such Lenders Term B-2 Loan Commitment.
To the extent not previously paid, all Term B2 Loans shall be due and payable on the Term B2 Loan Maturity Date.
Bridge Term B-2 Loan is defined in the recitals of this Agreement.