Common use of The Loans Clause in Contracts

The Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make a single loan to the Borrower on the Closing Date in an amount not to exceed such Lender’s Commitment. The Loans shall be made simultaneously by the Lenders in accordance with their respective Applicable Percentages. Amounts borrowed under this Section 2.01 and repaid or prepaid may not be reborrowed. Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 3 contracts

Samples: Credit Agreement (Avery Dennison Corp), Credit Agreement (Avery Dennison Corporation), Credit Agreement (Avery Dennison Corporation)

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The Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make to the Borrower a single loan denominated in Dollars in a principal amount equal to the Borrower such Lender’s Commitment on the Closing Date in an amount not to exceed such Lender’s Commitment. The Loans shall be made simultaneously by the Lenders in accordance with their respective Applicable PercentagesDate. Amounts borrowed under this Section 2.01 and repaid or prepaid may not be reborrowed. Loans may be Base Rate Loans or Eurodollar Eurocurrency Rate Loans, as further provided herein.

Appears in 3 contracts

Samples: Second Lien Credit Agreement (SMART Technologies Inc.), Holdings Credit Agreement (SMART Technologies Inc.), Credit Agreement (Michaels Stores Inc)

The Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make to the Borrower a single loan denominated in Dollars equal to the Borrower such Lender’s Commitment on the Closing Date in an amount not to exceed such Lender’s Commitment. The Loans shall be made simultaneously by the Lenders in accordance with their respective Applicable PercentagesDate. Amounts borrowed under this Section 2.01 and repaid or prepaid may not be reborrowed. Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 2 contracts

Samples: Credit Agreement (Pier 1 Imports Inc/De), Credit Agreement (J Crew Group Inc)

The Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make to the Borrower a single loan denominated in Dollars equal to the Borrower such Lender’s Commitment on the Closing Date in an amount not to exceed such Lender’s Commitment. The Loans shall be made simultaneously by the Lenders in accordance with their respective Applicable PercentagesDate. Amounts borrowed under this Section 2.01 and repaid or prepaid may not be reborrowed. Initial Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Security Agreement (Nexeo Solutions Finance Corp)

The Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make to the Borrower a single loan denominated in Dollars in a principal amount equal to the Borrower such Lender’s Term Commitment on the Closing Date in an amount not to exceed such Lender’s Commitment. The Loans shall be made simultaneously by the Lenders in accordance with their respective Applicable PercentagesDate. Amounts borrowed under this Section 2.01 and repaid or prepaid may not be reborrowed. Loans may be Base Rate Loans or Eurodollar Eurocurrency Rate Loans, as further provided herein.. Table of Contents

Appears in 1 contract

Samples: Senior Unsecured Term Loan Agreement (Catalent Pharma Solutions, Inc.)

The Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make to the Borrower a single loan denominated in Dollars equal to the Borrower such Lender’s Commitment on the Closing Date in an amount not to exceed such Lender’s Commitment. The Loans shall be made simultaneously by the Lenders in accordance with their respective Applicable PercentagesDate. Amounts borrowed under this Section 2.01 and repaid or prepaid may not be reborrowed. Loans may be Base Rate Loans or Eurodollar Eurocurrency Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Mattress Firm Holding Corp.)

The Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make to the Borrower a single loan denominated in Dollars in a principal amount equal to the Borrower such Lender’s Commitment on the Closing Date in an amount not to exceed such Lender’s Commitment. The Loans shall be made simultaneously by the Lenders in accordance with their respective Applicable PercentagesDate. Amounts borrowed under this Section 2.01 and repaid or prepaid may not be reborrowed. Loans may be Base Rate Loans or Eurodollar Eurocurrency Rate Loans, as further provided herein. Proceeds of the Loans shall be deposited in the Bridge Priority Account and used solely for the purposes set forth in Section 6.12.

Appears in 1 contract

Samples: Credit Agreement (Aquilex Holdings LLC)

The Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make to the Borrower a single loan denominated in Dollars in an aggregate principal amount equal to the Borrower such Lender’s Commitment on the Closing Date in an amount not to exceed such Lender’s Commitment. The Loans shall be made simultaneously by the Lenders in accordance with their respective Applicable PercentagesDate. Amounts borrowed under this Section 2.01 and repaid or prepaid may not be reborrowed. Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Assignment and Assumption (Targa Resources Investments Inc.)

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The Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make to the Borrower a single loan denominated in Dollars in a principal amount equal to the Borrower on the Closing Date in an amount not to exceed such Lender’s Commitment. The Loans shall be made simultaneously by Term Commitment on the Lenders in accordance with their respective Applicable PercentagesRestatement Effective Date. Amounts borrowed under this Section 2.01 and repaid or prepaid may not be reborrowed. Loans may be Base Rate Loans or Eurodollar Eurocurrency Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Michaels Stores Inc)

The Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make to the Borrower a single loan denominated in Dollars in an amount equal to the Borrower such Lender’s Initial Term Commitment on the Closing Date in an amount not to exceed such Lender’s Commitment. The Loans shall be made simultaneously by the Lenders in accordance with their respective Applicable PercentagesDate. Amounts borrowed under this Section 2.01 and repaid or prepaid may not be reborrowed. Term Loans may be Base Rate Loans or Eurodollar Eurocurrency Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Assignment and Assumption (TransFirst Inc.)

The Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make a single loan Loan to the Borrower Borrowers on the Closing Date in an amount not equal to exceed such Lender’s Commitment. The Loans shall be made simultaneously by the Lenders in accordance with their respective Applicable Percentages. Amounts borrowed under this Section 2.01 and repaid or prepaid may not be reborrowed. Loans may be Base Rate Loans or Eurodollar Rate Loans, Loans as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Vonage Holdings Corp)

The Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make to the Borrower a single loan in a principal amount equal to the Borrower such Lender’s Commitment on the Closing Date in an amount not to exceed such Lender’s Commitment. The Loans shall be made simultaneously by the Lenders in accordance with their respective Applicable PercentagesDate. Amounts borrowed under this Section 2.01 and repaid or prepaid may not be reborrowed. Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (U.S. Renal Care Inc)

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