Amounts and Terms of Loans Sample Clauses

Amounts and Terms of Loans. 2.01 Revolving Credit Facility.
Search the Best Contracts

Draft contracts faster by searching through millions of contracts from the best law firms across all industries.

30+ Reviews on G2 Crowd
nixon-peabody.svg
casio.svg
baker-mckenzie.svg
p-morgan.svg
stanford-university.svg
klgates-logo.svg
harvard-university.svg
dentons.svg
Amounts and Terms of Loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18 2.1 Revolving Credit Commitments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18 2.2 Revolving Credit Notes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 2.3 Procedure for Revolving Credit Borrowings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 2.4 Letters of Credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 2.5 Issuance of Commercial L/Cs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 2.6 Issuance of Standby L/Cs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 2.7 Participating Interests . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 2.8 Procedure for Opening Letters of Credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 2.9 Payments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 2.10 Further Assurances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23 2.11 Obligations Absolute . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23 2.12 Letter of Credit Application . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23 2.13 Competitive Loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23 2.14 Competitive Loan Notes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24 2.15 Procedure for Competitive Loan Borrowing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24 2.16 Term Loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28 2.17 Term Notes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28 2.18 Procedure for Term Loan Borrowing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29 2.19 Extension of Revolving Credit Termination Date . . . . . . . . . . . . . . . . . . . . . . . . . . . 29 2.20 Use of Proceeds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31
Amounts and Terms of Loans. 1.1 Loans. Subject to the terms and conditions of this Agreement and in reliance upon the representations, warranties and covenants of Borrower, its Subsidiaries and Vendor Guarantor contained herein and in the other Loan Documents:
Amounts and Terms of Loans. 1.1 LOANS. Subject to the terms and conditions of this Agreement and in reliance upon the representations and warranties of Borrower and Holdings contained herein:
Amounts and Terms of Loans. 1.1 Loans. Subject to the terms and conditions of this ----- Agreement and in reliance upon the representations and warranties of Holdings, Borrowers and the Active Subsidiaries contained herein and in the other Loan Documents:
Amounts and Terms of Loans. 1.5 Loans. -----
Amounts and Terms of Loans. 1.5 Loans........................................................... 31 1.6 Intentionally Omitted........................................... 31 1.7 Use of Proceeds of Loans........................................ 33 1.8 Termination Date................................................ 33 1.9 Intentionally Ommitted.......................................... 33 1.10 Maximum Credit Facility......................................... 33 1.11 Authorized Agents............................................... 33
Amounts and Terms of Loans. 2.01. TERM LOAN. (a) AMOUNT OF TERM LOAN. The Lender (i) has made a term loan, in Dollars, to the Borrower on the Initial Closing Date in an aggregate amount equal to $15,800,000 (the "Initial Term Loan"), (ii) has made a term loan, in Dollars, to the Borrower on the First Amendment Effective Date, in an aggregate amount equal to $2,000,000 (the "Supplemental Term Loan"), (iii) has made a term loan, in Dollars, to the Borrower on the Third Amendment Effective Date, in an aggregate amount equal to $2,000,000 (the "Second Supplemental Term Loan") and (iv) subject to the terms and conditions set forth in this Agreement, hereby agrees to make a term loan, in Dollars, to the Borrower on the Amendment and Restatement Effective Date, in an aggregate amount equal to $4,000,000 (the "Third Supplemental Term Loan" and together with the Initial Term Loan, the Supplemental Term Loan and the Second Supplemental Term Loan, the "Term Loan"). After giving effect to the advance of the Third Supplemental Term Loan, the outstanding principal balance of the Term Loan will be $22,425,000. (b) NOTICE OF BORROWING. When the Borrower desires to borrow the Third Supplemental Term Loan under this SECTION 2.01, it shall deliver to the Lender a Notice of Borrowing, signed by it, on the Amendment and Restatement Effective Date. Such Notice of Borrowing shall specify (i) the amount of the proposed Borrowing, and (ii) instructions for the disbursement of the proceeds of the proposed Borrowing. In lieu of delivering such a Notice of Borrowing, the Borrower may give the Lender telephonic notice of the Borrowing of the Third Supplemental Term Loan on the Amendment and Restatement Effective Date, if it confirms such notice by delivery of the Notice of Borrowing to the Lender promptly, but in no event later than 5:00 p.m. (Chicago time) on the same day. Any Notice of Borrowing (or telephonic notice in lieu thereof) given pursuant to this SECTION 2.01(b) shall be irrevocable. (c) MAKING OF THIRD SUPPLEMENTAL TERM LOAN. Promptly after receipt of a Notice of Borrowing under SECTION 2.01(b) (or telephonic notice in lieu thereof), the Lender shall deposit an amount equal to the amount requested by the Borrower to be made in respect of the Third Supplemental Term Loan under this SECTION 2.01(c), in immediately available funds, not later than 1:00 p.m. (Chicago time) on the Amendment and Restatement Effective Date. Subject to the fulfillment of the conditions precedent set forth in SECTION 4.01, th...
Amounts and Terms of Loans. 2.1. Loans.................................................................29 2.2. Funding Ratio.........................................................32 2.3. Use of Proceeds of Loans..............................................33 2.4. Termination Date......................................................33 2.5. Maximum Credit Facility...............................................34 2.6. Authorized Agents.....................................................34