Common use of Commitment, Closing Date Clause in Contracts

Commitment, Closing Date. Subject to the terms and conditions hereof and on the basis of the representations and warranties hereinafter set forth, the Company agrees to issue and sell to each Purchaser, and such Purchaser agrees to purchase from the Allied Holdings, Inc. Note Agreement Company, Notes in the principal amount set forth opposite such Purchaser's name on Schedule I hereto at a price of 100% of the principal amount thereof on the Closing Date. Delivery of the Notes will be made at the offices of Chap▇▇▇ ▇▇▇ Cutl▇▇, ▇▇1 ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇ainst payment therefor in Federal Reserve or other funds current and immediately available at the principal office of The First National Bank of Boston in the amount of the purchase price at 10:00 A.M. Chicago time, on February 1, 1996 or such later date (not later than February 15, 1996) as shall mutually be agreed upon by the Company and the Purchasers (the "Closing Date"). The Notes delivered to each Purchaser on the Closing Date will be delivered to such Purchaser in the form of a single registered Note in the form attached hereto as Exhibit A for the full amount of such Purchaser's purchase (unless different denominations are specified by such Purchaser), registered in such Purchaser's name or in the name of such Purchaser's nominee, all as such Purchaser may specify at any time prior to the date fixed for delivery.

Commitment, Closing Date. Subject to the terms and conditions hereof and on the basis of the representations and warranties hereinafter set forth, the Company agrees to issue and sell to each Purchaserthe Purchasers, and such each Purchaser agrees to purchase from the Allied Holdings, Inc. Note Agreement Company, Notes in the principal amount set forth opposite such Purchaser's ’s name on Schedule I hereto at a price of 100% of equal to the principal amount thereof on March 25, 2004 (the “Closing Date”); provided that the Closing Date may be postponed to such other date (but not more than ten days after the originally scheduled Closing Date) as shall mutually be agreed upon by the Company and the Purchasers scheduled to purchase the Notes on the Closing Date. Delivery of the Notes will be made at the offices of ChapB▇▇▇ ▇▇▇ Cutl▇▇, ▇▇1 ▇▇▇▇ M▇▇▇▇▇▇▇▇ LLP, O▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇. On the Closing Date, ▇▇ainst payment therefor in Federal Reserve or other funds current and immediately available at the principal office of The First National Bank of Boston in the amount of the purchase price at 10:00 A.M. Chicago time, on February 1, 1996 or such later date (not later than February 15, 1996) as shall mutually be agreed upon by the Company and the Purchasers (the "Closing Date"). The Notes delivered will deliver to each Purchaser on the Closing Date will Notes to be delivered to purchased by such Purchaser in the form of a single registered Note (or such greater number of Notes in denominations of at least €1,000,000 in the form attached hereto case of the Euro Series Notes or £1,000,000 in the case of the Sterling Series Notes as Exhibit A for such Purchaser may request) dated the full amount of such Purchaser's purchase (unless different denominations are specified by such Purchaser), Closing Date and registered in such Purchaser's ’s name (or in the name of such Purchaser's ’s nominee), all as against delivery by such Purchaser may specify at any time to the Company or its order of immediately available funds in the amount of the purchase price therefor by wire transfer via Fedwire of immediately available funds for the account of the Company to the accounts designated in writing by the Company to the Purchasers prior to the date fixed for deliveryClosing Date.

Commitment, Closing Date. Subject to the terms and conditions hereof and on the basis of the representations and warranties hereinafter set forth, the Company agrees to issue and sell to each Purchaserthe Purchasers, and such each Purchaser agrees to purchase from the Allied Holdings, Inc. Note Agreement Company, Notes in the principal amount set forth opposite such Purchaser's ’s name on Schedule I hereto at a price of 100% of equal to the principal amount thereof on November 15, 2004 (the “Closing Date”); provided that the Closing Date may be postponed to such other date (but not more than ten days after the originally scheduled Closing Date) as shall mutually be agreed upon by the Company and the Purchasers scheduled to purchase the Notes on the Closing Date. Delivery of the Notes will be made at the offices of Chap▇▇▇▇▇▇▇ and ▇▇▇▇▇▇ Cutl▇▇LLP, ▇▇1 ▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇. On the Closing Date, ▇▇ainst payment therefor in Federal Reserve or other funds current and immediately available at the principal office of The First National Bank of Boston in the amount of the purchase price at 10:00 A.M. Chicago time, on February 1, 1996 or such later date (not later than February 15, 1996) as shall mutually be agreed upon by the Company and the Purchasers (the "Closing Date"). The Notes delivered will deliver to each Purchaser on the Closing Date will Notes to be delivered to purchased by such Purchaser in the form of a single registered Note (or such greater number of Notes in denominations of at least $500,000 as such Purchaser may request) dated the form attached hereto as Exhibit A for the full amount of such Purchaser's purchase (unless different denominations are specified by such Purchaser), Closing Date and registered in such Purchaser's ’s name (or in the name of such Purchaser's ’s nominee), all as against delivery by such Purchaser may specify at any time prior to the date fixed Company or its order of immediately available funds in the amount of the purchase price therefor by wire transfer via Fedwire of immediately available funds for deliverythe account of the Company to Account Number ▇▇▇▇▇▇▇▇▇▇ at Bank of America, Bethesda, Maryland, (ABA #026-009-593).

Commitment, Closing Date. Subject to the terms and conditions hereof and on the basis of the representations and warranties hereinafter set forth, the Company agrees to issue and sell to each the Purchaser, and such the Purchaser agrees to purchase from the Allied Holdings, Inc. Note Agreement Company, Notes in the principal amount set forth opposite of $75,000,000.00 at a price (the "PURCHASE PRICE") equal to the principal amount thereof. The Company will deliver to the Purchaser the Notes to be purchased by the Purchaser in the form of a single Note (or such greater number of Notes in denominations of at least $500,000 as the Purchaser may request) dated the Closing Date and registered in the Purchaser's name on Schedule I hereto at a price of 100% (or in the name of the principal Purchaser's nominee), against delivery by the Purchaser to the Company or its order of an amount thereof on in cash equal to the Closing Date. Delivery Purchase Price by wire transfer via Fedwire of immediately available funds for the account of the Notes will Company to Account Number 3931▇▇▇▇▇▇ ▇▇ Bank of America, Bethesda, Maryland, (ABA #052-001-633). Such delivery and payment shall be made at the offices of ChapDavi▇ ▇▇▇▇ & ▇ard▇▇▇ Cutl▇▇, ▇▇1 0 ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇, ▇▇ainst payment therefor in Federal Reserve or ▇ the date hereof (the "CLOSING DATE"); provided that the Closing Date may be postponed to such other funds current and immediately available at the principal office of The First National Bank of Boston in the amount of the purchase price at 10:00 A.M. Chicago time, on February 1, 1996 or such later date (but not later more than February 15, 1996ten days after the originally scheduled Closing Date) as shall mutually be agreed upon by the Company and the Purchasers (Purchaser. On the "Closing Date"). The Notes delivered , the Company will pay, or cause to each Purchaser on be paid, to Banc of America Securities LLC a placement fee in cash in an amount equal to 2.50% of the Closing Date will be delivered Purchase Price by wire transfer of immediately available funds to such Purchaser in the form an account designated by Banc of a single registered Note in the form attached hereto as Exhibit A for the full amount of such Purchaser's purchase (unless different denominations are specified by such Purchaser), registered in such Purchaser's name or in the name of such Purchaser's nominee, all as such Purchaser may specify at any time prior to the date fixed for deliveryAmerica Securities LLC.

Commitment, Closing Date. Subject to the terms and conditions hereof and on the basis of the representations and warranties hereinafter set forth, the Company agrees to issue and sell to each Purchaser, and such each Purchaser agrees to purchase from the Allied Holdings, Inc. Note Agreement Company, Notes in the aggregate principal amount of Notes set forth opposite such Purchaser's name on Schedule I attached hereto at a price of 100% by delivery of the principal amount thereof on the Closing DatePurchase Price for such Notes in cash. Delivery of the Notes will be made at the principal offices of Chap▇▇▇ ▇▇▇ Cutl▇▇Skadden, Arps, Slate, ▇▇1 ▇▇▇▇▇ & ▇▇▇▇ LLP, ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇ainst against payment therefor in Federal Reserve or other funds current and immediately available in an amount equal to the Purchase Price at the principal office of The First National Bank of Boston in the amount of the purchase price at 10:00 A.M. Chicago 10 A.M., Eastern time, on February 1, 1996 or such later date (not later than February 15, 1996) as shall mutually be agreed upon by the Company and shall specify by not less than five Business Days' prior written notice to the Purchasers applicable Purchaser (the "Closing Date"). The Notes delivered to each Purchaser on the Closing Date will be delivered to such Purchaser in the form of a single registered Note registered in the form attached hereto as Exhibit A for the full amount name of such Purchaser's purchase (unless different denominations are specified by such Purchaser), registered in such Purchaser's name Purchaser or in the name of such Purchaser's nominee, all nominee or in such other denominations (not less than $100,000 in principal amount) as such Purchaser may specify at any time no later than two Business Days prior to the date fixed for deliveryClosing Date and in substantially the form attached hereto as Exhibit A; provided, however, that the Company shall not be required to issue -------- ------- any Notes in a denomination of less than $1,000,000 if immediately after such issuance there would be issued and outstanding more than twenty Notes of less than $1,000,000.

Commitment, Closing Date. Subject to the terms and -------------------------------------- conditions hereof and on the basis of the representations and warranties hereinafter set forth, the Company agrees to issue and sell deliver to each Purchaser, and such Purchaser agrees to purchase accept from the Allied Holdings, Inc. Note Agreement Company, Notes of the Series and in the principal amount set forth opposite such Purchaser's name on in Schedule I hereto at a price in exchange for the surrender for cancellation of Original Series A Notes or, as the case may be, Original Series B Notes in an unpaid principal amount equal to 100% of the principal amount thereof on the Closing DateDate hereafter mentioned, all as specified in Schedule I hereto. Delivery of the Notes will be made at the offices of Chap▇▇▇▇▇▇▇ and ▇▇▇ Cutl▇▇▇▇, ▇▇1 ▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇ainst payment therefor in Federal Reserve or other funds current and immediately available at the principal office against surrender for cancellation of The First National Bank of Boston in the amount of the purchase price Original Notes at 10:00 A.M. Chicago a.m., San Francisco time, on February 1September 26, 1996 1997 or such later date (not later than February 15, 1996) as shall mutually be agreed upon by the Company and the Purchasers (the "Closing Date"). The Notes delivered to each Purchaser on the Closing Date will be delivered to such Purchaser in the form of a single registered Note in the form attached hereto as Exhibit A for A-1 or Exhibit A-2, as the case may be, in the full amount of to be acquired by such Purchaser's purchase Purchaser (unless different denominations are specified by such Purchaser), registered in such Purchaser's name or in the name of such Purchaser's nominee, all as such Purchaser may specify at any time prior to the date fixed for delivery.

Commitment, Closing Date. Subject to the terms and conditions hereof and on the basis of the representations and warranties hereinafter set forth, the Company agrees to issue and sell to each Purchaserthe Purchasers, and such each Purchaser agrees to purchase from the Allied Holdings, Inc. Note Agreement Company, Notes in the principal amount set forth opposite such Purchaser's name on Schedule I hereto at a price of 100% of equal to the principal amount thereof on May 14, 2003 (the "Closing Date"); provided that the Closing Date may be postponed to such other date (but not more than ten days after the originally scheduled Closing Date) as shall mutually be agreed upon by the Company and the Purchasers scheduled to purchase the Notes on the Closing Date. Delivery of the Notes will be made at the offices of ChapChapman and Cutler, 111 West Monroe Street, Chicago, Illinois 60603. ▇▇ ▇▇▇ Clos▇▇▇ ▇▇▇ Cutl▇▇te, ▇▇1 ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇ ▇▇ ▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇ainst payment therefor in Federal Reserve or other funds current and immediately available at the principal office of The First National Bank of Boston in the amount of the purchase price at 10:00 A.M. Chicago time, on February 1, 1996 or such later date (not later than February 15, 1996) as shall mutually e Notes to be agreed upon purchased by the Company and the Purchasers (the "Closing Date"). The Notes delivered to each Purchaser on the Closing Date will be delivered to such Purchaser in the form of a single registered Note (or such greater number of Notes in denominations of at least $500,000 as such Purchaser may request) dated the form attached hereto as Exhibit A for the full amount of such Purchaser's purchase (unless different denominations are specified by such Purchaser), Closing Date and registered in such Purchaser's name (or in the name of such Purchaser's nominee), all as against delivery by such Purchaser may specify at any time prior to the date fixed Company or its order of immediately available funds in the amount of the purchase price therefor by wire transfer via Fedwire of immediately available funds for deliverythe account of the Company to Account Number 3931033237 at Bank of America, Bethesda, Maryland, (ABA #052-001-633).

Commitment, Closing Date. Subject to the terms and conditions hereof and on the basis of the representations and warranties hereinafter set forth, the Company agrees to issue and sell to each Purchaser, and such Purchaser agrees to purchase from the Allied Holdings, Inc. Note Agreement Company, Notes of the Series and in the principal amount set forth opposite such Purchaser's name on Schedule I hereto at a price of 100% of equal to the principal amount thereof on 6 June 4, 1998 (the "Closing Date"); provided that the Closing Date may be postponed to such other date (but not more than ten days after the originally scheduled Closing Date) as shall mutually be agreed upon by the Company and the Purchasers scheduled to purchase the Notes on the Closing Date. Delivery of the Notes will be made at the offices of Chap▇▇▇ ▇▇▇ Cutl▇▇, ▇▇1 ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇. ▇▇ the Closing Date, ▇▇ainst payment therefor in Federal Reserve or other funds current and immediately available at the principal office of The First National Bank of Boston in the amount of the purchase price at 10:00 A.M. Chicago time, on February 1, 1996 or such later date (not later than February 15, 1996) as shall mutually be agreed upon by the Company and the Purchasers (the "Closing Date"). The Notes delivered will deliver to each Purchaser on the Closing Date will Notes of the Series to be delivered to purchased by such Purchaser in the form of a single registered Note (or such greater number of Notes in denominations of at least $500,000 as such Purchaser may request) dated the form attached hereto as Exhibit A for the full amount of such Purchaser's purchase (unless different denominations are specified by such Purchaser), Closing Date and registered in such Purchaser's name (or in the name of such Purchaser's nominee), all as against delivery by such Purchaser may specify at any time prior to the date fixed Company or its order of immediately available funds in the amount of the purchase price therefor by wire transfer via Fedwire of immediately available funds for deliverythe account of the Company to account number 3918973064 at Nations Bank, Bethesda, Maryland, (ABA #052-001-633).

Commitment, Closing Date. Subject to the terms and conditions hereof and on the basis of the representations and warranties hereinafter set forth, the Company agrees to issue and sell to each Purchaser, and such Purchaser agrees to purchase from the Allied Holdings, Inc. Note Agreement Company, Notes in the principal amount set forth opposite such Purchaser's name on Schedule I hereto at a price of 100% of equal to the principal amount thereof on November 15, 1999 (the "Closing Date"); provided that the Closing Date may be postponed to such other date (but not more than ten days after the originally scheduled Closing Date) as shall mutually be agreed upon by the Company and the Purchasers scheduled to purchase the Notes on the Closing Date. Delivery of the Notes will be made at the offices of Chap▇▇▇ ▇▇▇ Cutl▇▇, ▇▇1 ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇. ▇▇ the Closing Date, ▇▇ainst payment therefor in Federal Reserve or other funds current and immediately available at the principal office of The First National Bank of Boston in the amount of the purchase price at 10:00 A.M. Chicago time, on February 1, 1996 or such later date (not later than February 15, 1996) as shall mutually be agreed upon by the Company and the Purchasers (the "Closing Date"). The Notes delivered will deliver to each Purchaser on the Closing Date will Notes to be delivered to purchased by such Purchaser in the form of a single registered Note (or such greater number of Notes in denominations of at least $500,000 as such Purchaser may request) dated the form attached hereto as Exhibit A for the full amount of such Purchaser's purchase (unless different denominations are specified by such Purchaser), Closing Date and registered in such Purchaser's name (or in the name of such Purchaser's nominee), all as against delivery by such Purchaser may specify at any time prior to the date fixed Company or its order of immediately available funds in the amount of the purchase price therefor by wire transfer via Fedwire of immediately available funds for deliverythe account of the Company to Account Number 3918973064 at Bank of America, Bethesda, Maryland, (ABA #052-001-633).

Commitment, Closing Date. Subject to the terms and conditions hereof and on the basis of the representations and warranties hereinafter set forth, the Company agrees to issue and sell to each the Purchaser, and such the Purchaser agrees to purchase from the Allied Holdings, Inc. Note Agreement Company, Notes in the principal amount set forth opposite such the Purchaser's ’s name on Schedule I hereto at a price of 100% of equal to the principal amount thereof on May 1, 2006 (the “Closing Date”); provided that the Closing Date may be postponed to such other date (but not more than ten days after the originally scheduled Closing Date) as shall mutually be agreed upon by the Company and the Purchaser. Delivery of the Notes will be made at the offices of Chap▇▇▇▇▇▇▇ and ▇▇▇▇▇▇ Cutl▇▇LLP, ▇▇1 ▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇. On the Closing Date, ▇▇ainst payment therefor the Company will deliver to the Purchaser the Notes to be purchased by the Purchaser in Federal Reserve the form of a single Note (or other funds current such greater number of Notes in denominations of at least $500,000 as the Purchaser may request) dated the Closing Date and registered in the Purchaser’s name (or in the name of the Purchaser’s nominee), against delivery by the Purchaser to the Company or its order of immediately available at the principal office of The First National Bank of Boston funds in the amount of the purchase price at 10:00 A.M. Chicago time, on February 1, 1996 or such later date (not later than February 15, 1996) as shall mutually be agreed upon therefor by wire transfer via Fedwire of immediately available funds for the account of the Company and the Purchasers to Account Number ▇▇▇▇▇▇▇▇▇▇ at Bank of America, Bethesda, Maryland, (the "Closing Date"ABA #026-009-593). The Notes delivered to each Purchaser on the Closing Date will be delivered to such Purchaser in the form of a single registered Note in the form attached hereto as Exhibit A for the full amount of such Purchaser's purchase (unless different denominations are specified by such Purchaser), registered in such Purchaser's name or in the name of such Purchaser's nominee, all as such Purchaser may specify at any time prior to the date fixed for delivery.

Commitment, Closing Date. Subject to the terms and conditions hereof and on the basis of the representations and warranties hereinafter set forth, the Company agrees to Allied Capital Corporation Note Agreement issue and sell to each Purchaser, and such Purchaser agrees to purchase from the Allied Holdings, Inc. Note Agreement Company, Notes in the principal amount set forth opposite such Purchaser's name on Schedule I hereto at a price of 100% of equal to the principal amount thereof on October 30, 2001 (the "Closing Date"); provided that the Closing Date may be postponed to such other date (but not more than ten days after the originally scheduled Closing Date) as shall mutually be agreed upon by the Company and the Purchasers scheduled to purchase the Notes on the Closing Date. Delivery of the Notes will be made at the offices of ChapChapman and Cutler, 111 West Monroe Street, Chicago, Illinois 60603. ▇▇ ▇▇▇ Clos▇▇▇ ▇▇▇ Cutl▇▇te, ▇▇1 ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇ ▇▇ ▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇ainst payment therefor in Federal Reserve or other funds current and immediately available at the principal office of The First National Bank of Boston in the amount of the purchase price at 10:00 A.M. Chicago time, on February 1, 1996 or such later date (not later than February 15, 1996) as shall mutually e Notes to be agreed upon purchased by the Company and the Purchasers (the "Closing Date"). The Notes delivered to each Purchaser on the Closing Date will be delivered to such Purchaser in the form of a single registered Note (or such greater number of Notes in denominations of at least $500,000 as such Purchaser may request) dated the form attached hereto as Exhibit A for the full amount of such Purchaser's purchase (unless different denominations are specified by such Purchaser), Closing Date and registered in such Purchaser's name (or in the name of such Purchaser's nominee), all as against delivery by such Purchaser may specify at any time prior to the date fixed Company or its order of immediately available funds in the amount of the purchase price therefor by wire transfer via Fedwire of immediately available funds for deliverythe account of the Company to Account Number 3931033237 at Bank of America, Bethesda, Maryland, (ABA #052-001-633).

Commitment, Closing Date. Subject to the terms and conditions hereof and on the basis of the representations and warranties hereinafter set forth, the Company agrees to issue and sell to each Purchaserthe Purchasers, and such each Purchaser agrees to purchase from the Allied Holdings, Inc. Note Agreement Company, Notes in the principal amount set forth opposite such Purchaser's ’s name on Schedule I hereto at a price of 100% of equal to the principal amount thereof on October 13, 2005 (the “Closing Date”); provided that the Closing Date may be postponed to such other date (but not more than ten days after the originally scheduled Closing Date) as shall mutually be agreed upon by the Company and the Purchasers scheduled to purchase the Notes on the Closing Date. Delivery of the Notes will be made at the offices of Chap▇▇▇▇▇▇▇ and ▇▇▇▇▇▇ Cutl▇▇LLP, ▇▇1 ▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇. On the Closing Date, ▇▇ainst payment therefor in Federal Reserve or other funds current and immediately available at the principal office of The First National Bank of Boston in the amount of the purchase price at 10:00 A.M. Chicago time, on February 1, 1996 or such later date (not later than February 15, 1996) as shall mutually be agreed upon by the Company and the Purchasers (the "Closing Date"). The Notes delivered will deliver to each Purchaser on the Closing Date will Notes of the Series to be delivered to purchased by such Purchaser in the form of a single registered Note for each applicable Series (or such greater number of Notes in denominations of at least $500,000 as such Purchaser may request) dated the form attached hereto as Exhibit A for the full amount of such Purchaser's purchase (unless different denominations are specified by such Purchaser), Closing Date and registered in such Purchaser's ’s name (or in the name of such Purchaser's ’s nominee), all as against delivery by such Purchaser may specify at any time prior to the date fixed Company or its order of immediately available funds in the amount of the purchase price therefor by wire transfer via Fedwire of immediately available funds for deliverythe account of the Company to Account Number ▇▇▇▇▇▇▇▇▇▇ at Bank of America, Bethesda, Maryland, (ABA #026-009-593).

Commitment, Closing Date. Subject to the terms and conditions hereof and on the basis of the representations and warranties hereinafter set forth, the Company agrees to issue and sell to each Purchaser, and such Purchaser agrees to purchase from the Allied Holdings, Inc. Note Agreement Company, Notes of the Series and in the principal amount set forth opposite such Purchaser's name on Schedule I hereto at a price of 100% of equal to the principal amount thereof on May 5, 1999 (the "Closing Date"); provided that the Closing Date may be postponed to such other date (but not more than ten days after the originally scheduled Closing Date) as shall mutually be agreed upon by the Allied Capital Corporation Note Agreement Company and the Purchasers scheduled to purchase the Notes on the Closing Date. Delivery of the Notes will be made at the offices of Chap▇▇▇ ▇▇▇ Cutl▇▇, ▇▇1 ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇. ▇n the Closing Date, ▇▇ainst payment therefor in Federal Reserve or other funds current and immediately available at the principal office of The First National Bank of Boston in the amount of the purchase price at 10:00 A.M. Chicago time, on February 1, 1996 or such later date (not later than February 15, 1996) as shall mutually be agreed upon by the Company and the Purchasers (the "Closing Date"). The Notes delivered will deliver to each Purchaser on the Closing Date will Notes of the Series to be delivered to purchased by such Purchaser in the form of a single registered Note (or such greater number of Notes in denominations of at least $500,000 as such Purchaser may request) dated the form attached hereto as Exhibit A for the full amount of such Purchaser's purchase (unless different denominations are specified by such Purchaser), Closing Date and registered in such Purchaser's name (or in the name of such Purchaser's nominee), all as against delivery by such Purchaser may specify at any time prior to the date fixed Company or its order of immediately available funds in the amount of the purchase price therefor by wire transfer via Fedwire of immediately available funds for deliverythe account of the Company to Account Number 3918973064 at Nations Bank, Bethesda, Maryland, (ABA #052-001-633).

Commitment, Closing Date. Subject to the terms and conditions hereof and on the basis of the representations and warranties hereinafter set forth, the Company agrees to issue and sell to each Purchaser, and such Purchaser agrees to purchase from the Allied Holdings, Inc. Note Agreement Company, Notes in the principal amount set forth opposite such Purchaser's name on Schedule I hereto at a price of 100% of equal to the principal amount thereof on October 24, 2000 (the "Closing Date"); provided that the Closing Date may be postponed to such other date (but not more than ten days after the originally scheduled Closing Date) as shall mutually be agreed upon by the Company and the Purchasers scheduled to purchase the Notes on the Closing Date. Delivery of the Notes will be made at the offices of Chap▇▇▇ ▇▇▇ Cutl▇▇, ▇▇1 ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇. ▇▇ the Closing Date, ▇▇ainst payment therefor in Federal Reserve or other funds current and immediately available at the principal office of The First National Bank of Boston in the amount of the purchase price at 10:00 A.M. Chicago time, on February 1, 1996 or such later date (not later than February 15, 1996) as shall mutually be agreed upon by the Company and the Purchasers (the "Closing Date"). The Notes delivered will deliver to each Purchaser on the Closing Date will Notes to be delivered to purchased by such Purchaser in the form of a single registered Note (or such greater number of Notes in denominations of at least $500,000 as such Purchaser may request) dated the form attached hereto as Exhibit A for the full amount of such Purchaser's purchase (unless different denominations are specified by such Purchaser), Closing Date and registered in such Purchaser's name (or in the name of such Purchaser's nominee), all as against delivery by such Purchaser may specify at any time prior to the date fixed Company or its order of immediately available funds in the amount of the purchase price therefor by wire transfer via Fedwire of immediately available funds for deliverythe account of the Company to Account Number 3931▇▇▇▇▇▇ ▇▇ Bank of America, Bethesda, Maryland, (ABA #052-001-633).