Examples of Term Loan Commitment Period in a sentence
Subject to the satisfaction of the conditions set forth in Section 8.3, in the event Borrower desires a Term Loan (other than any initial Term Loan made on the Funding Date) during the Term Loan Commitment Period, Borrower shall give Agent at least five (5) Business Days prior written notice.
Company may make one or more drawings under the Delayed Draw Term Loan Commitments during the Delayed Draw Term Loan Commitment Period.
Subject to the terms and conditions hereof, and in reliance upon the representations and warranties of the Borrower herein set forth and, while in effect, the representations and warranties set forth in the Disbursement Agreement, each Term Loan Lender severally agrees to make term loans ("Term Loans") to the Borrower from time to time during the Term Loan Commitment Period in an aggregate principal amount not to exceed the amount of the Term Loan Commitment of such Lender.
The Term Loan Commitments of the Term Loan Banks to make the Term Loans (other than the New Term Loan Commitments, which shall be governed by Section 9.17) shall expire on the last day of the Term Loan Commitment Period (regardless of the failure of the Borrower to fully utilize the Term Loan Commitments) and the Term Loan Amount shall be reduced by the amount of such expired Term Loan Commitments.
The Term Loan Commitment of each Lender shall automatically expire upon the earlier of (a) the expiration of the Term Loan Commitment Period and (b) the date upon which any remaining unfunded amount of the aggregate the Term Loan Commitments is voluntarily terminated in full by the Company pursuant to Section 2.06(c).