Example ContractsClausesadditional term loan commitmentVariants
Additional Term Loan Commitment
Additional Term Loan Commitment contract clause examples

An Additional Term Loan Facility # shall rank pari passu in right of payment with the Revolving Loans and the Term Loan, # shall be fully secured on a pari passu basis with the Revolving Loans and the Term Loan, # shall not mature earlier than the Term Loan (but may have amortization prior to such date), # shall not have a weighted average life and maturity date shorter than that of the Term Loan, # shall be treated substantially the same as (and in any event no more favorably than) the Term Loan, including, without limitation, with respect to covenants, representations and warranties, events of default and other applicable terms and conditions, and # shall be subject to

An Additional Term Loan Facility # shall rank pari passu in right of payment with the Revolving Loans and the Term Loan, # shall be fully secured on a pari passu basis with the Revolving Loans and the Term Loan, # shall not mature earlier than the Term Loan (but may have amortization prior to such date), # shall not have a weighted average life and maturity date shorter than that of the Term Loan, # shall be treated substantially the same as (and in any event no more favorably than) the Term Loan, including, without limitation, with respect to covenants, representations and warranties, events of default and other applicable terms and conditions, and # shall be subject to interest rates as determined by the Administrative Agent at the time of the exercise of such Additional Term Loan Facility and acceptable to all Lenders participating therein; provided

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