Common use of Closing Date Loans Clause in Contracts

Closing Date Loans. All Loans made on the Closing Date (other than Swing Line Loans) shall be made as Base Rate Loans, unless otherwise approved by Administrative Agent.

Appears in 5 contracts

Sources: Credit Agreement (Forbes Energy Services Ltd.), Credit Agreement (Forbes Energy Services Ltd.), Credit Agreement (Forbes Energy Services Ltd.)

Closing Date Loans. All Loans made on the Closing Date (other than Swing Line Loans) made on the Closing Date or within two (2) Business Days thereafter shall be made as Base Rate Loans, unless otherwise approved by Administrative Agent.

Appears in 2 contracts

Sources: Credit Agreement (BRC Inc.), Credit Agreement (BRC Inc.)

Closing Date Loans. All Loans made on the Closing Date (other than Swing Line Loans) shall be made as Base Rate Loans, unless otherwise approved by Administrative Agent.

Appears in 1 contract

Sources: Credit Agreement (Alpha Metallurgical Resources, Inc.)

Closing Date Loans. All Term Loans made on the Closing Date (other than Swing Line Loans) shall be made as Base Rate Loans, unless otherwise approved by Administrative Agent.

Appears in 1 contract

Sources: Credit Agreement (BRC Inc.)