Most loan commitments require the borrower to pay the lenders expenses in closing the loan

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No amounts paid or prepaid with respect to Term Loans may be reborrowed. The undrawn amount of the Term Loan Commitment following the making of such Borrowing, if any, shall be automatically cancelled and terminated.","hash":"356bd523cae989e6d2962d9321f04290","id":1},{"snippetLinks":[{"key":"each-lender","type":"clause","offset":[0,11]},{"key":"a-term-loan-commitment","type":"definition","offset":[17,39]},{"key":"agrees","type":"clause","offset":[40,46]},{"key":"loan-to-the-company","type":"clause","offset":[57,76]},{"key":"pro-rata-share","type":"clause","offset":[146,160]},{"key":"the-term-loan-commitment","type":"clause","offset":[164,188]},{"key":"commitments-of-the-lenders","type":"clause","offset":[194,220]},{"key":"loans-shall","type":"definition","offset":[234,245]},{"key":"expire","type":"definition","offset":[246,252]},{"key":"concurrently","type":"definition","offset":[253,265]},{"key":"making-of","type":"definition","offset":[275,284]},{"key":"loans-on-the-closing-date","type":"clause","offset":[294,319]}],"size":17,"samples":[{"uri":"/contracts/d3iKjXhSnuy#term-loan-commitment","label":"Credit Agreement (Huttig Building Products Inc)","score":21},{"uri":"/contracts/1BQLpREbb04#term-loan-commitment","label":"Credit Agreement (Cpi Corp)","score":21},{"uri":"/contracts/a21QR8PMG96#term-loan-commitment","label":"Guaranty and Collateral Agreement (Sei Investments Co)","score":21}],"snippet":"Each Lender with a Term Loan Commitment agrees to make a loan to the Company (each such loan, a “Term Loan”) on the Closing Date in such Lender’s Pro Rata Share of the Term Loan Commitment. The Commitments of the Lenders to make Term Loans shall expire concurrently with the making of the Term Loans on the Closing Date.","hash":"e8618634206ac590a43850a877ccb887","id":2},{"snippetLinks":[{"key":"this-agreement-and-the-other-loan-documents","type":"clause","offset":[39,82]},{"key":"reliance","type":"clause","offset":[91,99]},{"key":"representations-and-warranties-of-each-borrower","type":"clause","offset":[109,156]},{"key":"set-forth","type":"definition","offset":[157,166]},{"key":"the-bank","type":"clause","offset":[207,215]},{"key":"agrees","type":"clause","offset":[216,222]},{"key":"a-term-loan","type":"definition","offset":[231,242]},{"key":"equal-to","type":"clause","offset":[243,251]},{"key":"the-term-loan-commitment","type":"clause","offset":[252,276]},{"key":"loan-shall","type":"definition","offset":[287,297]},{"key":"available-to","type":"definition","offset":[301,313]},{"key":"the-borrowers","type":"clause","offset":[314,327]},{"key":"single","type":"clause","offset":[333,339]},{"key":"principal-advance","type":"clause","offset":[340,357]},{"key":"the-conditions","type":"clause","offset":[374,388]},{"key":"section-3","type":"clause","offset":[402,411]},{"key":"satisfied","type":"clause","offset":[428,437]},{"key":"solely","type":"definition","offset":[484,490]},{"key":"for-the-purposes-of","type":"clause","offset":[491,510]},{"key":"funding","type":"clause","offset":[515,522]},{"key":"purchase-price-payable","type":"clause","offset":[527,549]},{"key":"the-acquisition-agreement","type":"clause","offset":[556,581]},{"key":"costs-and-expenses","type":"clause","offset":[590,608]},{"key":"including","type":"clause","offset":[610,619]},{"key":"legal-fees","type":"clause","offset":[620,630]},{"key":"associated-with","type":"definition","offset":[632,647]},{"key":"related-transactions","type":"clause","offset":[672,692]},{"key":"expenses-of","type":"clause","offset":[718,729]},{"key":"obtaining","type":"definition","offset":[730,739]},{"key":"facilities-provided","type":"clause","offset":[751,770]},{"key":"the-closing","type":"clause","offset":[781,792]},{"key":"the-agreement","type":"clause","offset":[796,809]},{"key":"to-the-extent","type":"clause","offset":[849,862]},{"key":"proceeds-of-the-term-loan","type":"clause","offset":[877,902]},{"key":"financing","type":"clause","offset":[904,913]},{"key":"working-capital-requirements","type":"clause","offset":[920,948]},{"key":"general-corporate-purposes","type":"clause","offset":[953,979]},{"key":"prepaid","type":"clause","offset":[1002,1009]},{"key":"at-any-time","type":"clause","offset":[1030,1041]},{"key":"subject-to-section","type":"clause","offset":[1042,1060]},{"key":"term-loan-maturity-date","type":"clause","offset":[1101,1124]},{"key":"credit-extended","type":"definition","offset":[1137,1152]},{"key":"accelerated","type":"definition","offset":[1186,1197]},{"key":"terminated","type":"clause","offset":[1199,1209]},{"key":"in-this-agreement","type":"clause","offset":[1234,1251]}],"size":17,"samples":[{"uri":"/contracts/eSJa7SGteXy#term-loan-commitment","label":"Loan and Security Agreement (Intricon Corp)","score":21},{"uri":"/contracts/6M02CRzCBI2#term-loan-commitment","label":"Loan and Security Agreement (Intricon Corp)","score":21}],"snippet":"Subject to the terms and conditions of this Agreement and the other Loan Documents, and in reliance upon the representations and warranties of each Borrower set forth herein and in the other Loan Documents, the Bank agrees to make a Term Loan equal to the Term Loan Commitment. The Term Loan shall be available to the Borrowers in a single principal advance on such date as the conditions set forth in Section 3 shall have been satisfied. The Term Loan shall be used by the Borrowers solely for the purposes of (i) funding the purchase price payable under the Acquisition Agreement and the costs and expenses (including legal fees) associated with the Acquisition and all related transactions (including the costs and expenses of obtaining the credit facilities provided under and the closing on the Agreement and the other Loan Documents) and (ii) to the extent of any excess proceeds of the Term Loan, financing their working capital requirements and general corporate purposes. The Term Loan may be prepaid in whole or in part at any time subject to Section 2.2(e), but shall be due in full on the Term Loan Maturity Date, unless the credit extended under the Term Loan is otherwise accelerated, terminated or extended as provided in this Agreement.","hash":"303ca30b72bb9393ebf241ff58fadc9f","id":3},{"snippetLinks":[{"key":"term-loan-lender","type":"clause","offset":[11,27]},{"key":"equal-to","type":"clause","offset":[40,48]},{"key":"percentage-of","type":"clause","offset":[94,107]},{"key":"amount-of-the-term-loans","type":"clause","offset":[132,156]},{"key":"from-time-to-time","type":"clause","offset":[157,174]},{"key":"outstanding","type":"clause","offset":[175,186]},{"key":"to-the-borrower","type":"definition","offset":[187,202]}],"size":16,"samples":[{"uri":"/contracts/4N7arlq76tr#term-loan-commitment","label":"Credit Agreement (Gladstone Commercial Corp)","score":21},{"uri":"/contracts/9AmyMCj2Oyf#term-loan-commitment","label":"Credit Agreement (Monogram Residential Trust, Inc.)","score":21},{"uri":"/contracts/9SkSXpXFHkm#term-loan-commitment","label":"Credit Agreement (Carter Validus Mission Critical REIT II, Inc.)","score":21}],"snippet":"As to each Term Loan Lender, the amount equal to such Term Loan Lender’s Term Loan Commitment Percentage of the aggregate principal amount of the Term Loans from time to time outstanding to the Borrower.","hash":"febb5a7a607bfc857b033cd1536dff81","id":4},{"snippetLinks":[{"key":"the-terms-and-conditions","type":"clause","offset":[11,35]},{"key":"set-forth","type":"definition","offset":[36,45]},{"key":"each-lender","type":"clause","offset":[54,65]},{"key":"commitment-to-make-term-loans","type":"clause","offset":[73,102]},{"key":"severally","type":"definition","offset":[103,112]},{"key":"agrees","type":"clause","offset":[113,119]},{"key":"loan-to-the-borrower","type":"clause","offset":[137,157]},{"key":"on-the-closing-date","type":"definition","offset":[158,177]},{"key":"collectively","type":"clause","offset":[202,214]},{"key":"dollars","type":"clause","offset":[237,244]},{"key":"equal-to","type":"clause","offset":[259,267]},{"key":"percentage-of","type":"clause","offset":[303,316]},{"key":"term-loan-committed-amount","type":"definition","offset":[321,347]},{"key":"provided-that","type":"clause","offset":[349,362]},{"key":"aggregate-amount","type":"clause","offset":[367,383]},{"key":"term-loan-lenders","type":"clause","offset":[415,432]},{"key":"exceed","type":"clause","offset":[443,449]},{"key":"prepaid","type":"clause","offset":[497,504]}],"size":9,"samples":[{"uri":"/contracts/5n6VZfPNfmu#term-loan-commitment","label":"Credit Agreement (Quest Diagnostics Inc)","score":21},{"uri":"/contracts/gtBCMFcCCdC#term-loan-commitment","label":"Credit Agreement (Quest Diagnostics Inc)","score":21}],"snippet":"Subject to the terms and conditions set forth herein, each Lender with a Commitment to make Term Loans severally agrees to make a single loan to the Borrower on the Closing Date (each a “Term Loan” and collectively the “Term Loans”), in Dollars, in an amount equal to such Lender’s Term Loan Commitment Percentage of the Term Loan Committed Amount; provided that the aggregate amount of such Term Loans made by all Term Loan Lenders shall not exceed the Term Loan Committed Amount. Once repaid or prepaid, Term Loans cannot be reborrowed.","hash":"446ac7bfa4d376607e438f58fd480173","id":5},{"snippetLinks":[{"key":"the-terms-and-conditions-of-this","type":"clause","offset":[11,43]},{"key":"agreement","type":"clause","offset":[65,74]},{"key":"reliance","type":"clause","offset":[82,90]},{"key":"representations-and-warranties-of-borrower","type":"clause","offset":[100,142]},{"key":"set-forth","type":"definition","offset":[150,159]},{"key":"the-lenders","type":"clause","offset":[161,172]},{"key":"severally","type":"definition","offset":[180,189]},{"key":"conversion-date","type":"clause","offset":[204,219]},{"key":"the-initial-loans","type":"clause","offset":[224,241]},{"key":"repaid","type":"definition","offset":[256,262]},{"key":"to-convert","type":"clause","offset":[264,274]},{"key":"outstanding-principal-amount","type":"clause","offset":[284,312]},{"key":"the-initial-notes","type":"clause","offset":[316,333]},{"key":"a-term-loan","type":"definition","offset":[339,350]},{"key":"aggregate-principal-amount","type":"clause","offset":[408,434]},{"key":"commitments","type":"clause","offset":[511,522]},{"key":"loan-to-borrower","type":"clause","offset":[540,556]},{"key":"pursuant-to","type":"clause","offset":[557,568]},{"key":"section","type":"clause","offset":[574,581]},{"key":"individually","type":"clause","offset":[605,617]},{"key":"collectively","type":"clause","offset":[650,662]}],"size":9,"samples":[{"uri":"/contracts/34gUJRqf74J#term-loan-commitment","label":"Primestar Inc","score":5},{"uri":"/contracts/c5v8oN7R0Y8#term-loan-commitment","label":"Primestar Inc","score":5}],"snippet":"Subject to the terms and conditions of this -------------------- Agreement and in reliance upon the representations and warranties of Borrower herein set forth, the Lenders hereby severally agree, on the Conversion Date, if the Initial Loans have not been repaid, to convert the then outstanding principal amount of the Initial Notes into a term loan (the \"Term Loan\"), such --------- Term Loan to be in the aggregate principal amount of the then outstanding principal amount of the Initial Notes. The Lenders' commitments to make the Term Loan to Borrower pursuant to this Section 2.2A are herein called individually, the \"Term Loan Commitment\" and collectively, the \"Term Loan -------------------- --------- Commitments\". -----------","hash":"9c9a7e5d7615614d2ccdcfe893832c8b","id":6},{"snippetLinks":[{"key":"the-terms-and-conditions","type":"clause","offset":[11,35]},{"key":"bank","type":"clause","offset":[44,48]},{"key":"agrees","type":"clause","offset":[49,55]},{"key":"a-loan","type":"definition","offset":[64,70]},{"key":"us","type":"clause","offset":[92,95]},{"key":"dollars","type":"clause","offset":[97,104]},{"key":"to-the-borrower","type":"definition","offset":[105,120]},{"key":"the-term-loan-commitment","type":"clause","offset":[138,162]},{"key":"loan-shall","type":"definition","offset":[173,183]},{"key":"advanced","type":"clause","offset":[187,195]},{"key":"single-borrowing","type":"clause","offset":[201,217]},{"key":"on-the-closing-date","type":"definition","offset":[218,237]},{"key":"commitment-shall","type":"definition","offset":[267,283]},{"key":"expire","type":"definition","offset":[284,290]},{"key":"provided","type":"clause","offset":[295,303]},{"key":"section-26","type":"clause","offset":[307,318]},{"key":"elect","type":"clause","offset":[337,342]},{"key":"outstanding","type":"clause","offset":[365,376]},{"key":"base-rate-loans","type":"clause","offset":[380,395]},{"key":"eurodollar-loans","type":"clause","offset":[399,415]},{"key":"prepaid","type":"clause","offset":[437,444]},{"key":"borrowed","type":"clause","offset":[469,477]},{"key":"loan-or-loans","type":"clause","offset":[581,594]},{"key":"individually","type":"clause","offset":[596,608]},{"key":"collectively","type":"clause","offset":[632,644]},{"key":"from-time-to-time","type":"clause","offset":[700,717]},{"key":"basis","type":"clause","offset":[733,738]},{"key":"the-revolving-credit-commitment","type":"clause","offset":[759,790]},{"key":"reductions","type":"clause","offset":[807,817]},{"key":"pursuant-to-the-terms-hereof","type":"clause","offset":[826,854]},{"key":"revolving-credit-termination-date","type":"clause","offset":[867,900]},{"key":"sum-of","type":"clause","offset":[906,912]},{"key":"loans-and","type":"definition","offset":[957,966]},{"key":"obligations","type":"clause","offset":[971,982]},{"key":"at-any-time","type":"clause","offset":[983,994]},{"key":"exceed","type":"clause","offset":[1017,1023]},{"key":"in-effect","type":"clause","offset":[1056,1065]},{"key":"borrowing-of-revolving-loans","type":"clause","offset":[1141,1169]},{"key":"the-principal-amount","type":"clause","offset":[1251,1271]}],"size":8,"samples":[{"uri":"/contracts/bpKUF8fchJx#term-loan-commitment","label":"Credit Agreement (Cynergistek, Inc)","score":19}],"snippet":"Subject to the terms and conditions hereof, Bank agrees to make a loan (the “Term Loan”) in U.S. Dollars to the Borrower in the amount of the Term Loan Commitment. The Term Loan shall be advanced in a single Borrowing on the Closing Date, at which time the Term Loan Commitment shall expire. As provided in Section 2.6, the Borrower may elect that the Term Loan be outstanding as Base Rate Loans or Eurodollar Loans. No amount repaid or prepaid on the Term Loan may be borrowed again. Revolving Credit Commitment . Subject to the terms and conditions hereof, Bank agrees to make a loan or loans (individually a “Revolving Loan” and collectively the “Revolving Loans”) in U.S. Dollars to the Borrower from time to time on a revolving basis up to the amount of the Revolving Credit Commitment, subject to any reductions thereof pursuant to the terms hereof, before the Revolving Credit Termination Date. The sum of the aggregate principal amount of Revolving Loans and L/C Obligations at any time outstanding shall not exceed the Revolving Credit Commitment in effect at such time. As provided in Section 2.6, the Borrower may elect that each Borrowing of Revolving Loans be either Base Rate Loans or Eurodollar Loans. Revolving Loans may be repaid and the principal amount thereof reborrowed before the Revolving Credit Termination Date, subject to the terms and conditions hereof.","hash":"be436416c9cb908c9b8c4aa0869bdbbd","id":7},{"snippetLinks":[{"key":"term-loan-lender","type":"clause","offset":[21,37]},{"key":"set-forth","type":"definition","offset":[50,59]},{"key":"on-schedule","type":"definition","offset":[60,71]},{"key":"loans-to-the-borrower","type":"clause","offset":[158,179]},{"key":"on-the-closing-date","type":"definition","offset":[180,199]},{"key":"commitment-increase-date","type":"clause","offset":[210,234]},{"key":"the-case","type":"definition","offset":[239,247]},{"key":"changed","type":"clause","offset":[275,282]},{"key":"in-accordance-with","type":"clause","offset":[301,319]},{"key":"terms-of-this-agreement","type":"clause","offset":[324,347]}],"size":7,"samples":[{"uri":"/contracts/RVGZ0Vm4b2#term-loan-commitment","label":"Senior Secured Credit Agreement (Healthcare Trust, Inc.)","score":21},{"uri":"/contracts/eKRdQVRcT4W#term-loan-commitment","label":"Credit Agreement (GTJ Reit, Inc.)","score":21},{"uri":"/contracts/70tughZsSVW#term-loan-commitment","label":"Senior Secured Credit Agreement (Healthcare Trust, Inc.)","score":21}],"snippet":"With respect to each Term Loan Lender, the amount set forth on Schedule 1.1 hereto as the amount of such Term Loan Lender’s Term Loan Commitment to make Term Loans to the Borrower on the Closing Date or on any Commitment Increase Date, as the case may be, as the same may be changed from time to time in accordance with the terms of this Agreement.","hash":"4d4fa2c0cad7caa42279017bfce1b409","id":8},{"snippetLinks":[{"key":"terms-and","type":"clause","offset":[7,16]},{"key":"conditions-of-this-agreement","type":"clause","offset":[32,60]},{"key":"each-lender","type":"clause","offset":[62,73]},{"key":"severally","type":"definition","offset":[74,83]},{"key":"agrees","type":"clause","offset":[84,90]},{"key":"loan-to-borrower","type":"clause","offset":[101,117]},{"key":"relative","type":"clause","offset":[119,127]},{"key":"type","type":"clause","offset":[155,159]},{"key":"equal-to","type":"clause","offset":[198,206]},{"key":"percentage-of","type":"clause","offset":[221,234]},{"key":"the-term-loan-commitment","type":"clause","offset":[235,259]},{"key":"amounts-borrowed","type":"definition","offset":[261,277]},{"key":"a-term-loan","type":"definition","offset":[281,292]},{"key":"prepaid","type":"clause","offset":[313,320]},{"key":"commitment-shall","type":"definition","offset":[368,384]},{"key":"expire","type":"definition","offset":[385,391]},{"key":"concurrently","type":"definition","offset":[392,404]},{"key":"making-of","type":"definition","offset":[414,423]},{"key":"loans-on-the-closing-date","type":"clause","offset":[433,458]}],"size":7,"samples":[{"uri":"/contracts/jMNdhd6bCzy#term-loan-commitment","label":"Credit Agreement (Novamed Inc)","score":21},{"uri":"/contracts/lMbAlypqGjJ#term-loan-commitment","label":"Credit Agreement (Novamed Inc)","score":21},{"uri":"/contracts/hADPCsNv8u0#term-loan-commitment","label":"Credit Agreement (Novamed Inc)","score":21}],"snippet":"On the terms and subject to the conditions of this Agreement, each Lender severally agrees to make a loan to Borrower (relative to such Lender, and of any type, its “Term Loan”) on the Closing Date equal to such Lender’s Percentage of the Term Loan Commitment. Amounts borrowed as a Term Loan which are repaid or prepaid may not be reborrowed. Each Lender’s Term Loan Commitment shall expire concurrently with the making of the Term Loans on the Closing Date.","hash":"12cfef0a833b017e31da2c0f00db9975","id":9},{"snippetLinks":[{"key":"the-terms-and-conditions","type":"clause","offset":[11,35]},{"key":"set-forth","type":"definition","offset":[36,45]},{"key":"each-lender","type":"clause","offset":[54,65]},{"key":"severally","type":"definition","offset":[66,75]},{"key":"agrees","type":"clause","offset":[76,82]},{"key":"portion","type":"clause","offset":[95,102]},{"key":"a-term-loan","type":"definition","offset":[106,117]},{"key":"collectively","type":"clause","offset":[119,131]},{"key":"to-the-borrower","type":"definition","offset":[151,166]},{"key":"dollars","type":"clause","offset":[170,177]},{"key":"on-the-closing-date","type":"definition","offset":[179,198]},{"key":"equal-to","type":"clause","offset":[213,221]},{"key":"understood-that","type":"clause","offset":[267,282]},{"key":"the-initial-term-loans","type":"clause","offset":[283,305]},{"key":"drawn","type":"definition","offset":[314,319]},{"key":"borrowing","type":"clause","offset":[327,336]},{"key":"the-term-loans","type":"clause","offset":[338,352]},{"key":"base-rate-loans","type":"clause","offset":[372,387]},{"key":"eurodollar-rate-loans","type":"clause","offset":[391,412]},{"key":"combination","type":"clause","offset":[419,430]},{"key":"provided-herein","type":"clause","offset":[451,466]}],"size":7,"samples":[{"uri":"/contracts/gSKmJiO5pZe#term-loan-commitment","label":"Term Loan Credit Agreement (BGC Partners, Inc.)","score":21},{"uri":"/contracts/b3kAZoGrhDL#term-loan-commitment","label":"Term Loan Credit Agreement (BGC Partners, Inc.)","score":21}],"snippet":"Subject to the terms and conditions set forth herein, each Lender severally agrees to make its portion of a term loan (collectively, the “Term Loans”) to the Borrower in Dollars, on the Closing Date, in an amount equal to such Lender’s Term Loan Commitment; it being understood that the initial Term Loans must be drawn in one Borrowing. The Term Loans may be composed of Base Rate Loans or Eurodollar Rate Loans, or a combination thereof, as further provided herein.","hash":"be864022a687caf2bef5f5a5d8c77a8a","id":10}],"nextCurs":"Cl0SV2oVc35sYXdpbnNpZGVyY29udHJhY3RzcjkLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjM1Ih10ZXJtLWxvYW4tY29tbWl0bWVudCMwMDAwMDAwYQyiAQJlbhgAIAA="}} id=pagination-first-page>