Common use of Amounts of Term Loans Clause in Contracts

Amounts of Term Loans. Subject to the terms and conditions set forth in this Agreement, each Term Loan Lender severally and not jointly agrees to make (a) on the date of the Greenhouse Acquisition, a term loan, in Dollars, to the Borrower in an aggregate amount equal to such Lender's Term Loan Pro Rata Share of the Greenhouse Installment, (b) on the date of the Mandara Acquisition, a term loan, in Dollars, to the Borrower in an aggregate amount equal to such Lender's Term Loan Pro Rata Share of the Mandara Installment, (c) on the date of the C. Spa Acquisition, a term loan, in Dollars, to the Borrower in an aggregate amount equal to such Lender's Term Loan Pro Rata Share of the C. Spa Installment and (d) on any date from and after the date on which the initial Term Loan Installment has been advanced hereunder, a term loan, in Dollars, to the Borrower in an aggregate amount equal to such Lender's Term Loan Pro Rata Share of the Supplemental Installment (each individually, a "Term Loan" and, collectively, the "Term Loans"). All Term Loans shall be made by the Lenders simultaneously and proportionately to their respective Term Loan Pro Rata Shares, it being understood that no Lender shall be responsible for any failure by any other Lender to perform its obligation to make any Term Loan hereunder nor shall the Term Loan Commitment of any Lender be increased or decreased as a result of any such failure. Notwithstanding the foregoing, if on July 31, 2001 any Term Loan Installment has not been drawn, then the Aggregate Term Loan Commitment and each Lender's Term Loan Commitment shall be automatically and permanently reduced as more specifically described in Section 2.6

Amounts of Term Loans. Subject to the terms and conditions set forth in this AgreementAgreement and upon the satisfaction of the conditions precedent set forth in Sections 4.1 and 4.2, each Term Loan Lender severally and not jointly agrees to make (a) on the date of the Greenhouse AcquisitionClosing Date, a term loan, in Dollars, to the Borrower Borrowers in an aggregate amount equal up to such Lender's Term Loan Pro Rata Share of the Greenhouse Installment, (b) on the date of the Mandara Acquisition, a term loan, in Dollars, to the Borrower in an aggregate amount equal to such Lender's Term Loan Pro Rata Share of the Mandara Installment, (c) on the date of the C. Spa Acquisition, a term loan, in Dollars, to the Borrower in an aggregate amount equal to such Lender's Term Loan Pro Rata Share of the C. Spa Installment and (d) on any date from and after the date on which the initial Term Loan Installment has been advanced hereunder, a term loan, in Dollars, to the Borrower in an aggregate amount equal to such Lender's Term Loan Pro Rata Share of the Supplemental Installment Commitment (each individually, a "Term Loan" and, collectively, the "Term Loans"). All Term Loans shall be made by the Lenders on the Closing Date simultaneously and proportionately to their respective Term Loan Pro Rata Shares, it being understood that no Lender shall be responsible for any failure by any other Lender to perform its obligation to make any Term Loan hereunder nor shall the Term Loan Commitment of any Lender be increased or decreased as a result of any such failure. Notwithstanding Unless the foregoingBorrowers have delivered to the Agent a written agreement pursuant to which the Borrowers agree to indemnify the Agent and the Lenders in accordance with Section 3.4 of this Agreement in the event any Eurocurrency Advance is not made on the Closing Date for any reason (the "Indemnification Letter") on or before the third (3rd) Business Day prior to the Closing Date and in form and substance reasonably acceptable to the Agent, if on July 31, 2001 any the Term Loan Installment has not been drawn, then Loans shall initially be Floating Rate Loans and thereafter may be continued as Floating Rate Loans or converted into Eurocurrency Loans in the Aggregate Term Loan Commitment and each Lender's Term Loan Commitment shall be automatically and permanently reduced as more specifically described manner provided in Section 2.62.8 and subject to the other conditions and limitations therein set forth and set forth in this Article II.

Amounts of Term Loans. (i) Subject to the terms and conditions set forth in this Credit Agreement, (A) each Term Loan Lender severally and not jointly agrees to make (a1) to Perry on the Closing Date (but not thereafter) a term loan in an amount not to exceed such Lender's Proportionate Share of $20,000,000 (less, in the case of each Existing Lender, the aggregate principal amount of Existing Term Loans of such Lender converted to Term Loans pursuant to clause (B) below), (2) to Shenandoah on the Closing Date (but not thereafter) a term loan in an amount not to exceed such Lender's Proportionate Share of $8,000,000, and (3) to Port City on the Closing Date (but not thereafter) a term loan in an amount not to exceed such Lender's Proportionate Share of $2,000,000, and (B) each Existing Lender agrees that all Existing Term Loans of such Existing Lender (up to an amount not to exceed such Existing Lender's Proportionate Share of $20,000,000, with the principal amount of any excess being referred to herein as "Excess Existing Term Loans") shall be converted for all purposes hereof and of the other Credit Documents to a Term Loan made to Perry hereunder on the Closing Date (each Lender's obligation to make Term Loans (and, if applicable, to convert Existing Term Loans) in such amounts being referred to herein as its "Term Commitment," which obligation (and Term Commitment) shall be zero after the making of the Term Loans on the Closing Date). The Term Loans made (or converted) on the date of the Greenhouse Acquisition, a term loan, in Dollars, to the Borrower in an aggregate amount equal to such Lender's Term Loan Pro Rata Share of the Greenhouse Installment, (b) on the date of the Mandara Acquisition, a term loan, in Dollars, to the Borrower in an aggregate amount equal to such Lender's Term Loan Pro Rata Share of the Mandara Installment, (c) on the date of the C. Spa Acquisition, a term loan, in Dollars, to the Borrower in an aggregate amount equal to such Lender's Term Loan Pro Rata Share of the C. Spa Installment and (d) on any date from and after the date on which the initial Term Loan Installment has been advanced hereunder, a term loan, in Dollars, to the Borrower in an aggregate amount equal to such Lender's Term Loan Pro Rata Share of the Supplemental Installment (each individually, a "Term Loan" and, collectively, the "Term Loans"). All Term Loans Closing Date shall be made by the Lenders simultaneously and proportionately to their respective Term Loan Pro Rata Shares, it being understood that no Lender shall be responsible for any failure by any other Lender to perform its obligation to make any Term Loan hereunder nor shall the Term Loan Commitment of any Lender be increased or decreased as a result of any such failure. Notwithstanding the foregoing, if on July 31, 2001 any Term Loan Installment has not been drawn, then the Aggregate Term Loan Commitment and each Lender's Term Loan Commitment shall be automatically and permanently reduced as more specifically described in Section 2.6Prime Rate Loans.

Amounts of Term Loans. Subject Each Term Lender severally agrees to make a term loan (any such term loan being referred to as a “Term Loan” and such term loans being referred to collectively as the “Term Loans”) to the terms and Borrowers on the Closing Date, upon the satisfaction of the conditions precedent set forth in this Agreement, each Term Loan Lender severally and not jointly agrees to make (a) on the date of the Greenhouse Acquisition, a term loanArticle 9, in Dollars, to the Borrower in an aggregate amount equal to such Term Lender's ’s Term Loan Pro Rata Share Commitment. A portion of the Greenhouse Installment, (b) Term Loan of each Term Lender to be made on the date Closing Date shall be made as new funds to the Borrowers in the amount set forth beside such Term Lender’s name under the heading “New Term Loan Funding Amount” on Schedule 1.1(A) (such amount for any Term Lender, its “New Term Loan Funding Amount”), with the remaining portion of the Mandara AcquisitionTerm Loan of such Term Lender to be made on the Closing Date (such portion for any Term Lender, a term loan, in Dollars, its “Exchanged Term Loan Amount”) to be deemed made as an exchange for cancellation of certain of the Borrower in an aggregate Second Lien Debt held by such Term Lender immediately prior to such Borrowing (the amount of such Second Lien Debt of any Term Lender to be so cancelled to be equal to such Term Lender's ’s Exchanged Term Loan Pro Rata Share of the Mandara Installment, (c) on the date of the C. Spa Acquisition, a term loan, in Dollars, to the Borrower in an aggregate amount equal to such Lender's Term Loan Pro Rata Share of the C. Spa Installment and (d) on any date from and after the date on which the initial Term Loan Installment has been advanced hereunder, a term loan, in Dollars, to the Borrower in an aggregate amount equal to such Lender's Term Loan Pro Rata Share of the Supplemental Installment (each individually, a "Term Loan" and, collectively, the "Term Loans"Amount multiplied by 4/3). All Term Loans shall be made by the Lenders simultaneously and proportionately to their respective Term Loan Pro Rata Shares, it being understood that no Lender shall be responsible for any failure by any other Lender to perform its obligation to make any Term Loan hereunder nor shall the Term Loan Commitment of any Lender be increased or decreased as a result of any such failure. Notwithstanding the foregoing, if on July 31, 2001 any Term Loan Installment has not been drawn, then the Aggregate Term Loan Commitment and each Lender's Term Loan Commitment shall be automatically and permanently reduced as more specifically described in Section 2.6.