The Term Commitments shall terminate on the Term Loan Expiration Date.
The balance of the amount outstanding shall be paid in full on the Term Loan Expiration Date.
The payment of that twenty percent amount shall be made in eleven (11) equal monthly installments beginning on the first day of the first month following the Conversion Date and ending with the last payment due before the Term Loan Expiration Date.
Subject to the terms and conditions set forth herein, on any Business Day on or prior to the Delayed Draw Term Loan Expiration Date, each Delayed Draw Term Loan Lender severally agrees to make term loans (each, a “ Delayed Draw Term Loan”) to the Borrower in an aggregate principal amount not to exceed such Lender’s Delayed Draw Term Loan Commitment.
Subject to the terms and conditions of this Agreement, each Lender with a Term Loan A Commitment agrees (severally, not jointly or jointly and severally) to make term loans A (collectively, “Term Loan A”) to Borrowers from time to time from the Closing Date until the Term Loan Expiration Date, or until the earlier reduction of its Term Loan A Commitment to zero in accordance with the terms hereof, in an aggregate principal amount not to exceed the unused portion of such Lender’s Term Loan A Commitment.