Making of New Term Loans. On any Increase Effective Date on which new Commitments for Term Loans are effective, subject to the satisfaction of the foregoing terms and conditions, each Lender of such new Commitment shall make a Term Loan to Borrower in an amount equal to its new Commitment.
Making of New Term Loans. On any Increase Effective Date on which an Incremental Term Facility is effective, subject to the satisfaction of the foregoing terms and conditions, each Lender holding Incremental Term Commitments shall make an Incremental Term Loan to the Borrower in an amount equal to its Incremental Term Commitment.
Making of New Term Loans. On any Increase Effective Date on which an Incremental Term Commitment is effective, subject to the satisfaction of the foregoing terms and conditions and the conditions set forth in Section 4.02, each Lender and Eligible Assignee that has agreed to provide such Incremental Term Commitment shall make a Term Loan to the Borrower in an amount equal to its pro rata share of such Incremental Term Commitment.
Making of New Term Loans. On any Incremental Effective Date on which new Term B Loan Increases or Incremental Term B Loan Commitments are effective, subject to the satisfaction of the foregoing terms and conditions, each Term B Lender of such new Term B Loan Increases or Incremental Term B Loan Commitments shall make a Term B Loan to the Borrower in an amount equal to its Incremental Term B Loan Commitment.
Making of New Term Loans. Notwithstanding anything to the contrary contained in this Agreement but subject to the last sentence of this subsection (h), on any Increase Effective Date on which new Commitments for Term Loans are effective, subject to the satisfaction of the foregoing terms and conditions, each Lender of each new Commitment shall make a Term Loan to the Company in an amount equal to its new Commitment. On the 2018 Incremental Term Loan Funding Date, each 2018 Incremental Term Lender of each 2018 Incremental Term Commitment shall make a 2018 Incremental Term Loan to the Company in an amount equal to its 2018 Incremental Term Commitment.”
Making of New Term Loans. Promptly after receipt of a Notice of Borrowing or telephonic notice in lieu thereof, each New Term Lender shall transfer its Pro Rata Share of the requested Borrowing to the Administrative Agent in immediately available funds, to the account from time to time designated by the Administrative Agent, not later than 1:00 p.m. (New York time) on the applicable Funding Date. After the Administrative Agent's receipt of all proceeds of such New Term Loan, the Administrative Agent shall make the proceeds of such New Term Loan available to Borrower on the applicable Funding Date by transferring same day funds to the account designated by Borrower.
Making of New Term Loans. Promptly after receipt of the Borrowing Notice under Section 2.1(b) in respect of the New Term Loans, the Agent shall notify each Lender by telex or telecopy, or other similar form of transmission, of the proposed Advance. Each Lender shall deposit an amount equal to its Pro Rata Share of the New Term Loans with the Agent at its office in Chicago, Illinois, in immediately available funds, on the Closing Date. Subject to the fulfillment of the conditions precedent set forth in Sections 4.1 and 4.2, the Agent shall make the proceeds of such amounts received by it available to the Borrower at the Agent's office in Chicago, Illinois on the Closing Date and shall disburse such proceeds in accordance with the Borrower's disbursement instructions set forth in such Borrowing Notice. The failure of any Lender to deposit the amount described above with the Agent on the Closing Date shall not relieve any other Lender of its obligations hereunder to make its New Term Loan on the Closing Date.
Making of New Term Loans. On any Facilities Increase Date on which new Commitments for Term Loans are effective, subject to the satisfaction of the foregoing terms and conditions, each Lender of such new Commitment shall make a Term Loan to Arby’s Opco Borrower or Holdco Co-Borrower, as the case may be, in an amount equal to its new Commitment.
Making of New Term Loans. On any Increase Effective Date on which new Commitments for Incremental Term Loans are effective, subject to the satisfaction of the foregoing terms and conditions, each Lender of such new Commitment shall make a Term Loan to the Borrower in an amount equal to its new Commitment. On the date of the making of any Incremental Term Loans that will be added to an existing Tranche of Term Loans, and notwithstanding anything to the contrary set forth in, such Incremental Term Loans shall be added to (and constitute a part of) each Borrowing of outstanding Term Loans of the same Type with the same Interest Period of the respective Tranche on a pro rata basis (based on the relative sizes of the various outstanding Borrowings), so that each Lender will participate proportionately in each then outstanding borrowing of Term Loans, as applicable, of the same type with the same Interest Period of the respective Tranche. To the extent the foregoing requires that Lenders making new Incremental Term Loans add such Incremental Term Loans to the then outstanding borrowings of Eurodollar Loans of the respective Tranche of Term Loans, it is acknowledged that the effect thereof may result in such new Incremental Term Loans having short Interest Periods (i.e., an Interest Period that began during an Interest Period then applicable to outstanding Eurodollar Loans of the respective Tranche and which will end on the last day of such Interest Period). In connection therewith, it is hereby agreed that, to the extent the Incremental Term Loans are to be so added to the then outstanding Borrowings of Term Loans of such Tranche which are maintained as Eurodollar Loans, the Lenders that have made such Incremental Term Loans shall be entitled to receive from the Borrower such amounts, as reasonably determined by the respective Lenders, to compensate them for funding the new Incremental Term Loans of the respective Tranche during an existing Interest Period (rather than at the beginning of the respective Interest Period based upon rates then applicable thereto). All determinations by any Lender pursuant to the immediately preceding sentence shall, absent manifest error, be final and conclusive and binding on all parties hereto.
Making of New Term Loans. (i) Subject to the terms and conditions hereof, and except as provided in clause (ii) below, each New Term Lender severally agrees to make to the Borrower a single term loan (a “New Term Loan”) denominated in Dollars, in a principal amount equal to such New Term Lender’s commitment set forth in its Commitment Letter, on March 17, 2009 (the “New Term Loan Closing Date”).
