Facility A Loans Sample Clauses

Facility A Loans. The amount of each Facility-A Loan made by Bank to Borrower hereunder shall be debited to the loan ledger account of Borrower maintained by Bank for the Facility-A Commitment (herein called the "Facility-A Loan Account") and Bank shall credit the Facility-A Loan Account with all loan repayments in respect thereof made by Borrower. When Borrower desires to obtain a Facility-A Loan, Borrower shall notify Bank (which notice shall be signed by an officer of Borrower and shall be irrevocable) in accordance with SECTION 2 hereof, to be received no later than 3:00 p.m. Pacific time one (1) Banking Day (as hereinafter defined) before the day on which the Facility-A Loan is to be made. Facility-A Loans may only be used for working capital purposes and the issuance of letters of credits.
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Facility A Loans. Facility-A Loans may only be used to purchase or reimburse the cost of acquiring equipment purchased by Borrower after April 1, 1997 or (b) purchase or reimburse the cost of acquiring software or furniture purchased by Borrower. The amount of each Facility-A Loan made by Bank to Borrower hereunder shall be debited to the loan ledger account of Borrower maintained by Bank for the Facility-A Commitment (herein called the "Facility-A Loan Account") and Bank shall credit the Facility-A Loan Account with all loan repayments in respect thereof made by Borrower. When Borrower desires to obtain a Facility-A Loan, Borrower shall notify Bank (which notice shall be signed by an officer of Borrower and shall be
Facility A Loans. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, each Facility A Lender severally agrees to make Facility A Loans to the Borrower at any time or from time to time on or after the date hereof to the Expiration Date; provided that after giving effect to each such Loan (i) the aggregate amount of Facility A Loans from such Lender shall not exceed such Lender's Facility A Commitment minus such Lender's Facility A Percentage of the Letter of Credit Obligations and outstanding Swing Loans, (ii) the aggregate amount of the Revolving Credit Loans from such Lender shall not exceed such Lender's Revolving Credit Commitment minus such Lender's Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, and (iii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments. Within such limits of time and amount and subject to the other provisions of this Agreement, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1.
Facility A Loans. Each Facility A Loan may only be used for the short term liquidity requirements of the Group.
Facility A Loans. The Borrower shall pay to the Agent for ---------------- the account of each Lender on the Facility A Commitment Termination Date the aggregate principal amount of Facility A Loans and Swing Loans outstanding on such date, together with all accrued and unpaid interest thereon.
Facility A Loans. Each Lender severally agrees, on the terms and conditions of this Agreement, to make loans to the Borrower during the period from and including (i) the Closing Date or (ii) such later date that such Lender becomes a party to this Agreement as provided in Section 12.06(b), to and up to, but excluding, the Facility A Termination Date in an aggregate principal amount at any one time outstanding up to, but not exceeding, the amount of such Lender's Facility A Commitment as then in effect; provided, however, that the aggregate principal amount of all such Loans by all Lenders hereunder at any one time outstanding together with the LC Exposure shall not exceed the Aggregate Facility A Commitments. Subject to the terms of this Agreement, during the period from the Closing Date to and up to, but excluding, the Facility A Termination Date, the Borrower may borrow, repay and reborrow the amount described in this Section 2.01(a).
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Facility A Loans. The parties (other than SGGL) acknowledge and agree that with effect from the date of this deed:
Facility A Loans. Unless sooner payable in accordance with the provisions of Section 2.8, Section 2.9, Section 2.10 or Section 7.2, the aggregate principal amount of the Facility A Loans outstanding on the Facility A Termination Date shall be repaid in eight-four (84) consecutive monthly installments on each Facility A Payment Date and on the Facility A Maturity Date. Each of the first eighty-three (83) such principal installments (due on the Facility Payment Dates) shall be in an amount equal to the result (rounded to the nearest whole multiple of $100 or, if there is no nearest whole multiple of $100, to the next highest whole multiple of $100) obtained by dividing (i) the aggregate principal balance of all Facility A Loans outstanding on the Facility A Termination Date by (ii) eighty-four (84). The final such principal installment, due and payable on the Facility A Maturity Date, shall be in an amount equal the aggregate principal balance of the Facility A Loans outstanding on the Facility A Maturity Date, on which date the entire unpaid principal of and all accrued and unpaid interest on the Facility A Loans shall be due and payable in full.
Facility A Loans. The Lenders having Facility A Commitments agree, severally in accordance with their respective Facility A Commitment Ratios and not jointly, upon the terms and subject to the conditions of this Agreement, to lend and relend to the Borrower, on or prior to the Maturity Date, amounts which in the aggregate at any one time outstanding do not exceed the Available Facility A Commitment (as it may be reduced from time to time pursuant to the terms hereof).
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