Examples of Term Lender in a sentence
Each Term Lender having a Term Loan Commitment agrees, subject to the terms and conditions set forth herein, to make Term Loans in Dollars to GEO on the Effective Date in an aggregate principal amount equal to the Term Loan Commitment of such Lender on the Effective Date.
The Administrative Agent shall have received counterparts of the following documents signed by the following parties: (i) from each of the Borrowers and the Administrative Agent, this Agreement, (ii) from each Revolving Credit Lender and Term Lender and the Swingline Lender, this Agreement or a Lender Addendum and (iii) from each Issuing Lender, this Agreement, a Lender Addendum or a separate written agreement evidencing such Issuing Xxxxxx’s consent to be an “Issuing Lender” hereunder.
On any Increased Amount Date on which any New Term Commitments are effected, subject to the satisfaction of the foregoing terms and conditions, (i) each New Term Loan Lender shall make a Loan to the Borrower (a “New Term Loan”) in an amount equal to its New Term Commitment, and (ii) each New Term Loan Lender shall become a Term Lender hereunder with respect to the New Term Commitment and the New Term Loans made pursuant thereto.
On the Fourth Amendment Effective Date, in accordance with, and upon the terms and conditions set forth in, the Fourth Amendment, (x) any Existing Term Loans of each Non-Consenting Term Lender outstanding on such date shall continue hereunder and be reclassified as Tranche A Term Loans on such date, and (y) any Existing Term Loans of each Consenting Lender outstanding on such date shall continue hereunder and be reclassified as Tranche B Term Loans on such date.
Any Prepayment Premium payable under the terms of this Agreement shall be presumed to be the liquidated damages sustained by each Term Lender as the result of the early termination, and each Borrower agrees that it is reasonable under the circumstances currently existing.