Common use of Conditions to Incremental Term Facility Commitments Clause in Contracts

Conditions to Incremental Term Facility Commitments. Subject to and upon the terms and conditions set forth in Clause 7 (Uncommitted Incremental Facilities) and the relevant Incremental Term Facility Commitment Agreement, each Lender with an Incremental Term Facility Commitment for a given Tranche of Incremental Term Facility Advances severally agrees, at any time and from time to time on and after the date that such Incremental Term Facility Commitment is obtained pursuant to Clause 7 (Uncommitted Incremental Facilities) and prior to the relevant Termination Date for such Tranche of Incremental Term Facility Advances, to make a term loan or term loans (each an “Incremental Term Facility Advance” and, collectively, the “Incremental Term Facility Advances”) to the Borrower for such Tranche. Such Incremental Term Facility Advances:

Appears in 3 contracts

Samples: Conformed Copy (Buhrmann Nv), Senior Facilities Agreement (Moore Labels Inc), Senior Facilities Agreement (Buhrmann Nv)

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Conditions to Incremental Term Facility Commitments. Subject to and upon the terms and conditions set forth in Clause 7 (Uncommitted Incremental Facilities) and the relevant Incremental Term Facility Commitment Agreement, each Lender with an Incremental Term Facility Commitment for a given Tranche of Incremental Term Facility Advances severally agrees, at any time and from time to time on and after the date that such Incremental Term Facility Commitment is obtained pursuant to Clause 7 (Uncommitted Incremental Facilities) and prior to the relevant Termination Date for such Tranche of Incremental Term Facility Advances, to make a term loan or term loans (each an “Incremental Term Facility Advance” and, collectively, the “Incremental Term Facility Advances”) to the relevant Borrower for such Tranche. Such Incremental Term Facility Advances:

Appears in 2 contracts

Samples: Senior Facilities Agreement (Corporate Express N.V.), Agreement (Buhrmann Nv)

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