Examples of Term Loan Commitments in a sentence
The Term Loan Commitments are not revolving credit commitments, and the Borrower shall not have the right to borrow, repay and reborrow under Section 3.1 [Term Loan Commitments].
The Sixteenth Amendment Incremental Term Loan Commitments shall automatically and irrevocably terminate in full upon the funding of the Sixteenth Amendment Incremental Term Loans in the full amount of the Sixteenth Amendment Incremental Term Loan Commitment in accordance with the Sixteenth Amendment.
Unless previously terminated, the Unfunded Term Loan Commitments shall terminate on the Term Loan Commitment Expiry Date.
The provisions of Sections 2.10, 2.14 and 10.05 shall remain operative and in full force and effect regardless of the expiration of the term of this Agreement, the consummation of the transactions contemplated hereby, the repayment of any of the Term Loans, the expiration of the Term Loan Commitments, the invalidity or unenforceability of any term or provision of this Agreement or any other Loan Document or any investigation made by or on behalf of the Administrative Agent or any Lender.
The Initial Term Loan Commitments shall automatically and irrevocably terminate on the Closing Date after the funding of the Initial Term Loans.