The Term A-2 Borrowing. Subject to the terms and conditions set forth herein and in the First Amendment, each Term A-1 Lender agrees to have all of its outstanding Term A-1 Loans converted to an equivalent principal amount of Term A-2 Loans effective as of the First Amendment Effective Date. Amounts borrowed under this [Section 2.01(b)] and repaid or prepaid may not be reborrowed. Term A-2 Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.
The Term A-B-2 Borrowing. Subject to the terms and conditions set forth herein and in the First Amendment, # the Additional Term Lender agrees to make a Term B-2 Loan to the Company on the First Amendment Effective Date in Dollars in a principal amount not to exceed its Additional Term B-2 Commitment, # each Converting Consenting Term A-B-1 Lender agrees to have all of its outstanding Term A-B-1 Loans (or such lesser amount as notified and allocated to such Converting Consenting Term B-1 Lender by the Administrative Agent, as determined by the Company and the Administrative Agent in their sole discretion) converted to an equivalent principal amount of Term A-B-2 Loans effective as of the First Amendment Effective Date.Date and # each Non-Converting Consenting Term B-1 Lender agrees to have all of its outstanding Term B-1 Loans prepaid and will purchase by assignment from the Additional Term Lender Term B-2 Loans in a principal amount equal to the principal amount of such Term B-1 Loans (or such lesser amount as notified and allocated to such Non-Converting Consenting Term B-1 Lender by the Administrative Agent, as determined by the Company and the Administrative Agent in their sole discretion). Amounts borrowed under this [Section 2.01(b)d)] and repaid or prepaid may not be reborrowed. Term A-B-2 Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.
The Term A-2 Borrowing.Loans. Subject to the terms and conditions set forth herein and in the First Amendment,herein, each Term A-12 Lender agreesseverally agreed to have all of its outstandingmake loans in Dollars (each such loan, a “Term A-2 Loan”) to the Borrowers in a single advance on a Business Day during the Availability Period in respect to the Term A-1 Loans converted2 Facility in an amount not to an equivalent principal amountexceed such Term A-2 Lender’s Term A-2 Commitment. The Term A-2 Borrowings shall consist of Term A-2 Loans effective asmade simultaneously by the Term A-2 Lenders in accordance with their respective Applicable Percentage of the First Amendment Effective Date.Term A-2 Facility. Amounts borrowed under this [Section 2.01(b)] and repaid or prepaid may not be reborrowed. Term A-2 Loans may be Baseeither Term SOFR Rate Loans or EurocurrencyDaily SOFR Rate Loans, as further provided herein. The Term A-2 Loans were fully funded on , the Availability Period in respect to the Term A-2 Loans has expired, and the aggregate Term A-2 Commitments have been reduced to zero. As of the Third Amendment Effective Date, the Outstanding Amount of the Term A-2 Loans is equal to .
The Term A-2 Borrowing.Loans. Subject to the terms and conditions set forth herein and in the First Amendment,herein, each Term A-12 Lender severally agrees to have all of its outstandingmake loans in Dollars (each such loan, a “Term A-2 Loan”) to the Borrowers in a single advance on a Business Day during the Availability Period in respect to the Term A-1 Loans converted2 Facility in an amount not to an equivalent principal amountexceed such Term A-2 Lender’s Term A-2 Commitment. The Term A-2 Borrowings shall consist of Term A-2 Loans effective asmade simultaneously by the Term A-2 Lenders in accordance with their respective Applicable Percentage of the First Amendment Effective Date.Term A-2 Facility. Amounts borrowed under this [Section 2.01(b)] and repaid or prepaid may not be reborrowed. Term A-2 Loans may be Baseeither Term SOFR Rate Loans or EurocurrencyDaily SOFR Rate Loans, as further provided herein.
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.