Common use of Commitment of Each Lender Clause in Contracts

Commitment of Each Lender. On any Business Day occurring on or after the Amendment Effective Date and prior to the Commitment Termination Date, each Lender will make loans under this Agreement (relative to such Lender under this Section 2.1.1, and of any type, its "Contract Loans") to the Borrower equal to such Lender's Percentage of the aggregate amount of the Contract Borrowing of Contract Loans of the same type requested by the Borrowers to be made on such day. The commitment of each Lender described in this Section 2.1.1 is herein referred to as its "Commitment". On the terms and subject to the conditions hereof, the Borrower may from time to time before the Commitment Termination Date borrow, prepay and reborrow Contract Loans.

Appears in 1 contract

Sources: Credit Agreement (Bergen Brunswig Corp)

Commitment of Each Lender. On any Business Day occurring on or after the Amendment Effective Date and prior to the Commitment Termination Date, each Lender will make loans under this Agreement (relative to such Lender under this Section 2.1.1, and of any type, its "Contract Loans") to the Borrower equal to such Lender's Percentage of the aggregate amount of the Contract Borrowing of Contract Loans of the same type requested by the Borrowers to be made on such day. The commitment of each Lender described in this Section 2.1.1 is herein referred to as its "Commitment". On the terms and subject to the conditions hereof, the Borrower may from time to time before the Commitment Termination Date borrow, prepay and reborrow Contract Loans.

Appears in 1 contract

Sources: Credit Agreement (Bergen Brunswig Corp)