Subject to and upon the terms and conditions herein set forth, each Lender having a Senior Interim Loan Commitment severally agrees to make a loan or loans (each a Senior Interim Loan) in a single draw on the Closing Date to the Borrower in Dollars, which Senior Interim Loans shall not exceed for any such Lender the Senior Interim Loan Commitment of such Lender and in the aggregate shall not exceed $330,000,000.
Senior Interim Loan Commitment shall mean # in the case of each Lender that is a Lender on the date hereof, the amount set forth opposite such Lenders name on [Schedule 1.1(a)] hereto as such Lenders Senior Interim Loan Commitment and # in the case of any Lender that becomes a Lender after the date hereof, the amount specified as such Lenders Senior Interim Loan Commitment in the Assignment and Acceptance pursuant to which such Lender assumed a portion of the total Senior Interim Loan Commitment, in each case as the same may be changed from time to time pursuant to the terms hereof. The aggregate amount of the Senior Interim Loan Commitments as of the Closing Date is $330,000,000.
AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.
And AllDrafts generates clean Word and PDF files from any draft.