Contract analysis

ARTICLE I — DEFINITIONS AND ACCOUNTING TERMS

Section 1.01 — Defined Terms As used in this Agreement, the following terms shall have the meanings set forth below: "Additional Guarantor" means any Subsidiary of the Borrower that becomes a Guarantor after the Closing Date by executing and delivering a Joinder Agreement in accordance with Section 5.11. "Administrative Agent" means (a) with respect to the Term Loan Facility, Tralvendo National Bank, in its capacity

Section 1.02 — Other Interpretive Provisions Unless the context of this Agreement otherwise clearly requires, the following rules of interpretation shall apply to this Agreement and each other Loan Document: (a) The terms "herein," "hereof," "hereto," "hereunder," and similar terms refer to this Agreement as a whole and not to any particular Article, Section, or clause hereof. (b) References to an "Article," "Section

Section 1.03 — Accounting Terms (a) All accounting terms not specifically or completely defined herein shall be construed in conformity with, and all financial data (including financial ratios and other financial calculations) required to be submitted pursuant to this Agreement shall be prepared in conformity with, GAAP applied on a consistent basis, as in effect from time to time, subject to the provisions of this S

Section 1.04 — Rounding Any financial ratios required to be maintained by the Borrower pursuant to this Agreement shall be calculated by dividing the appropriate component by the other component, carrying the result to one place more than the number of places by which such ratio is expressed herein, and rounding the result up or down to the nearest number (with a rounding-up if there is no nearest number). All financ

Section 1.05 — Times of Day Unless otherwise specified, all references herein to times of day shall be references to Eastern Time (daylight or standard, as applicable).

Section 1.06 — Rates (a) Benchmark Replacement. Notwithstanding anything to the contrary in this Agreement or in any other Loan Document, if a Benchmark Transition Event and its related Benchmark Replacement Date have occurred prior to any setting of the then-current Benchmark, then the applicable Administrative Agent, in consultation with the Borrower, shall have the right to amend this Agreement to replace SOFR (or

ARTICLE II — THE COMMITMENTS AND CREDIT EXTENSIONS

Section 2.01 — Term Loans (a) Term Loan Commitments. Subject to the terms and conditions set forth herein, each Term Loan Lender severally agrees to make a term loan (each, a "Term Loan") to the Borrower on the Closing Date in an amount equal to such Term Loan Lender's Term Loan Commitment as set forth on Schedule 1.01(a). The Term Loans shall be made in a single drawing on the Closing Date in an aggregate principal

Section 2.02 — Revolving Credit Facility (a) Revolving Commitments. Subject to the terms and conditions set forth herein, each Revolving Lender severally agrees to make revolving loans (each, a "Revolving Loan") to the Borrower from time to time from the Closing Date until the Revolving Maturity Date (July 22, 2030), in an aggregate principal amount at any time outstanding not to exceed such Revolving Lender's Revolv