Examples of Term Loan Commitment Amount in a sentence
Upon receipt of a Notice of Borrowing, subject to the satisfaction or waiver by Agent of the conditions set forth in Sections 3.1 and 3.2 of this Agreement, the Lenders shall simultaneously and proportionately in their Pro Rata Share of the Term Loan Commitment Amount, make the proceeds of the Term Loan available to the Borrower on the applicable date of funding of the Term Loan by transferring immediately available funds equal to such proceeds to an account specified by the Borrower.
Subject to the terms and conditions of this Agreement, the Lenders agree to make a term loan to the Borrower during the Availability Period in an aggregate principal amount equal to the Term Loan Commitment Amount (the “Term Loan”).
Only one Term Loan may be requested in the borrowing notice and the amount of the Term Loan may not exceed the Term Loan Commitment Amount.
By: _________________________________________ Name: Title: LENDERS: [_______________________] By: _________________________________________ Name: Title: [_______________________] By: _________________________________________ Name: Title: SCHEDULE 1 Term Loan Commitments Lender Term Loan Commitment Amount HSCM Bermuda Fund Ltd.