Term Loan Commitment Amount means, as to any Lender, the term loan commitment amount (if any) set forth below such Lender's name on the signature page hereof (or, in the case of any Lender that became party to this Agreement after the Closing Date pursuant to Section 16.3(c) or (d) hereof, the term loan commitment amount (if any) of such Lender as set forth in the applicable Commitment Transfer Supplement), as the same may be adjusted upon any assignment by or to such Lender pursuant to Section 16.3(c) or (d) hereof.
Examples of Term Loan Commitment Amount in a sentence
The portion of the Loans made by each Lender shall be evidenced, if so requested by such Lender, by one or more promissory notes executed by Borrowers on a joint and several basis (each, a Note) in an original principal amount equal to such Lenders Term Loan Commitment Amount.
In a single Borrowing made on the Restatement Effective Date, occurring on or prior to the applicable Commitment Termination Date, each Lender that has a New Term Loan Commitment agrees that it will make Loans (relative to such Lender, its New Term Loans) to the Borrower denominated in Dollars equal to such Lenders New Term Percentage of the aggregate amount of the Borrowing, which shall be for the full New Term Loan Commitment Amount.
Subject to the terms and conditions hereof, each Lender severally (and not jointly) agrees to make an advance (each a "Term Advance" and, collectively with the Term Advance of each other Lender, the "Term Advances") to the Borrower on the first Borrowing Date, but in no event later than September 15, 1997, in an amount not to exceed such Lender's Term Loan Commitment Amount less the amount of such Lender's Mortgage Advance.
The portion of the Loans made by each Lender shall be evidenced, if so requested by such Lender, by one or more promissory notes executed by Borrowers on a joint and several basis (each, a Note) in an original principal amount equal to such Lenders Revolving Loan Commitment Amount or Term Loan Commitment Amount.
Borrower acknowledges that all advances under this Term Loan credit facility will be made and funded at Closing and are evidenced by a Term Note, which shall be in the form of Exhibit A hereto (the "Term Note"), executed by Borrower payable to the order of Lender, representing Borrower's obligation to pay Lender the Term Loan Commitment Amount, plus interest and all other fees, charges and other amounts due thereon.