Common use of Other Financing Clause in Contracts

Other Financing. The Borrower shall have received gross cash proceeds of not less than (i) $225,000,000 from the issuance of the Senior Subordinated Notes and (ii) $185,000,000 from the borrowings under the Senior Secured Term Loan Facility. The terms and conditions of the Senior Subordinated Notes and the Senior Secured Term Loan Facility shall be reasonably satisfactory to the Administrative Agent.

Appears in 3 contracts

Samples: Assignment and Assumption (TMS International Corp.), Abl Credit Agreement (TMS International Corp.), Abl Credit Agreement (Tube City IMS CORP)

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Other Financing. The Borrower shall have (i) received gross cash proceeds of not less than (i) $225,000,000 from the issuance of the Senior Subordinated Notes and (ii) $185,000,000 from the borrowings under obtained the Senior Secured Term Loan Asset-Based Revolving Credit Facility. The terms and conditions of the Senior Subordinated Notes and the Senior Secured Term Loan Asset-Based Revolving Credit Facility shall be reasonably satisfactory to the Administrative Agent.

Appears in 3 contracts

Samples: Term Loan Credit Agreement (TMS International Corp.), Term Loan Credit Agreement (TMS International Corp.), Term Loan Credit Agreement (Tube City IMS CORP)

Other Financing. The Borrower shall have received gross cash proceeds of not less than (i) $225,000,000 1,200,000,000 from the issuance of the Senior Subordinated New Notes and (ii) $185,000,000 1,975,000,000 from the borrowings under the Senior Secured Term Loan Facility. The terms and conditions of the Senior Subordinated New Notes and the Senior Secured Term Loan Facility shall be reasonably satisfactory to the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Neiman Marcus Group Inc)

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Other Financing. The Borrower shall have received gross cash proceeds of not less than (i) $225,000,000 from the issuance of the Senior Subordinated Notes and (ii) $185,000,000 375,000,000 from the borrowings under the Senior Secured Term Loan Facility. The terms and conditions of the Senior Subordinated Notes and the Senior Secured Term Loan Facility shall be reasonably satisfactory to the Administrative Agent.

Appears in 1 contract

Samples: Abl Credit Agreement (Amscan Holdings Inc)

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