Term Borrowings

Term Borrowings. Not revolving in nature, and amounts repaid or prepaid may not be reborrowed under any circumstance; provided that Borrower may repay and reborrow the Initial Term Borrowing as permitted by Section 3.2(c)(iii). Any portion of the Term Commitments not utilized by Borrower before the expiration of the Term Availability Period shall be permanently canceled (except in the case of that portion of the Term Commitments related to the reborrowing of the Initial Term Borrowing as permitted by Section... 3.2(c)(iii), which portion shall be permanently canceled if not utilized by the Borrower before the first anniversary of the Closing Date) View More