Incremental Term Commitment. Amounts borrowed under this Section 2.01(d) and subsequently repaid or prepaid may not be reborrowed. Immediately upon the funding of the Amendment No. 2 Incremental Term Loans and without further action from any Person, (i) such Amendment No. 2 Incremental Term Loans shall automatically constitute additional Term Loans and (ii) such Amendment No. 2 Incremental Term Lender shall automatically constitute a Term Lender, in each case, for all purposes of this Agreement and the other Loan Documents.
Appears in 3 contracts
Sources: First Lien Credit Agreement (Evoqua Water Technologies Corp.), First Lien Credit Agreement (Evoqua Water Technologies Corp.), First Lien Credit Agreement (Evoqua Water Technologies Corp.)
Incremental Term Commitment. Amounts borrowed under this Section 2.01(d) and subsequently repaid or prepaid may not be reborrowed. Immediately upon the funding of the Amendment No. 2 Incremental Term Loans and without further action from any Person, (i) such Amendment No. 2 Incremental Term Loans shall automatically constitute additional Term Loans and (ii) such Amendment No. 2 Incremental Term Lender shall automatically constitute constitue a Term Lender, in each case, for all purposes of this Agreement and the other Loan Documents.
Appears in 1 contract
Incremental Term Commitment. Amounts borrowed under this Section 2.01(d) and subsequently repaid or prepaid may not be reborrowed. Immediately upon the funding of the Amendment No. 2 Incremental Term Loans and without further action from any Person, (i) such Amendment No. 2 Incremental Term Loans shall automatically constitute additional Term Loans and (ii) such Amendment No. 2 Incremental Term Lender shall automatically constitute constitueconstitute a Term Lender, in each case, for all purposes of this Agreement and the other Loan Documents.
Appears in 1 contract