General Provisions Applicable to Loans and Letters of Credit. 5.1 Procedure for Borrowing by the Company
General Provisions Applicable to Loans and Letters of Credit. 4.1. Interest Rates and Payment Dates
General Provisions Applicable to Loans and Letters of Credit. 4.1 Increase, Termination or Reduction of Commitments or Total Dollar Working Capital Facility Uncommitted Tranche Portions. (a) The U.S. Borrower shall have the right, from time to time, upon not less than four (4) Business Days’ notice to the Administrative Agent, to terminate the Dollar Working Capital Facility Commitments, the Total Dollar Working Capital Facility Uncommitted Tranche Portions, the Multicurrency Working Capital Facility Commitments and/or the Acquisition Facility Commitments or, from time to time, reduce the Dollar Working Capital Facility Commitments, the Total Dollar Working Capital Facility Uncommitted Tranche Portions, the Multicurrency Working Capital Facility Commitments and/or the Acquisition Facility Commitments; provided, that no such termination or reduction of the relevant Commitments or the Total Dollar Working Capital Facility Uncommitted Tranche Portions shall be permitted to the extent that, after giving effect thereto and to any prepayments of the Loans and Cash Collateralization of the Letters of Credit made on or before the effective date thereof, (i) the Total Dollar Working Capital Facility Committed Tranche Extensions of Credit would exceed the aggregate amount of all Dollar Working Capital Facility Commitments of all Dollar Working Capital Facility Committed Tranche Lenders then in effect, (ii) the Total Dollar Working Capital Facility Uncommitted Tranche Extensions of Credit would exceed the Dollar Working Capital Facility Uncommitted Tranche Portions of all Dollar Working Capital Facility Uncommitted Tranche Lenders then in effect, (iii) the Total Multicurrency Working Capital Facility Extensions of Credit would exceed the aggregate amount of all Multicurrency Working Capital Facility Commitments of all Multicurrency Working Capital Facility Lenders then in effect or (iv) the Total Acquisition Facility Extensions of Credit would exceed the aggregate amount of all Acquisition Facility Commitments of all Acquisition Facility Lenders then in effect. Any such reduction shall be in an amount equal to $1,000,000 or a whole multiple thereof and shall reduce permanently and ratably the applicable relevant Commitments or Dollar Working Capital Facility Uncommitted Tranche Portions then in effect.
General Provisions Applicable to Loans and Letters of Credit. 6.1 Evidence of Debt *
General Provisions Applicable to Loans and Letters of Credit. Section 5.1 Procedure for Borrowing by the Company 44 Section 5.2 Repayment of Loans; Evidence of Debt 45 Section 5.3 Conversion and Continuation Options 46 Section 5.4 Changes of Commitment Amounts 47 Section 5.5 Optional Prepayments 47
General Provisions Applicable to Loans and Letters of Credit. Section 5.1 Procedure for Borrowing by the Company 38 Section 5.2 Repayment of Loans; Evidence of Debt 38 Section 5.3 Conversion and Continuation Options 39 Section 5.4 Changes of Commitment Amounts 40 Section 5.5 Optional Prepayments 40 Section 5.6 Mandatory Prepayments. 41 Section 5.7 Interest Rates and Payment Dates 42 Section 5.8 Computation of Interest and Fees 42 Section 5.9 Commitment Fees. 43 Table of Contents (cont.) Page Section 5.10 Certain Fees 43 Section 5.11 Letter of Credit Fees 43 Section 5.12 Letter of Credit Reserves 44 Section 5.13 Further Assurances 45 Section 5.14 Obligations Absolute 45 Section 5.15 Assignments 45 Section 5.16 Participations 45 Section 5.17 Inability to Determine Interest Rate for Eurodollar Loans 46 Section 5.18 Pro Rata Treatment and Payments 46 Section 5.19 Illegality 47 Section 5.20 Requirements of Law 47 Section 5.21 Indemnity 49 Section 5.22 Replacement of Lenders 49 Section 5.23 Taxes. 50 Section 5.24 Defaulting Lenders 52
General Provisions Applicable to Loans and Letters of Credit. 85 4.1 Optional Prepayments 85 4.2 Mandatory Prepayments 86 4.3 Conversion and Continuation Options 88 4.4 Limitations on Eurocurrency Tranches 89 4.5 Interest Rates and Payment Dates 89 4.6 Computation of Interest and Fees; Failure to Satisfy Conditions Precedent; Obligations of Lenders Several 93
General Provisions Applicable to Loans and Letters of Credit. 42 8.1 Procedure for Borrowing by the Company..........................42 8.2 Repayment of Loans; Evidence of Debt............................43 8.3
General Provisions Applicable to Loans and Letters of Credit. 32 ------------------------------------------------------------ 3.1. Interest........................................................... 32 -------- 3.2. Place and Manner of Payments....................................... 32 ---------------------------- 3.3. Prepayments........................................................ 33 ----------- 3.4. Fees............................................................... 34 ---- 3.5. Payment in full at Maturity........................................ 35 --------------------------- 3.6. Computations of Interest and Fees.................................. 35 --------------------------------- 3.7. Pro Rata Treatment................................................. 36 ------------------ 3.8. Allocation of Payments After Event of Default...................... 37 --------------------------------------------- 3.9.
General Provisions Applicable to Loans and Letters of Credit. 5.1 Commitment Fees, etc. (a) Packard agrees to pay to the Administrative Agent for the account of each Revolving Credit Lender a commitment fee for the period from and including the Closing Date to the last Banking Day of the Revolving Credit Commitment Period, computed at the Commitment Fee Rate on the average daily amount of the Available Revolving Credit Commitment (calculated without taking into account any outstanding Non-Facility Offshore Currency Loans) of such Lender during the period for which payment is made, payable quarterly in arrears on the last Banking Day of each March, June, September and December and on the Revolving Credit Termination Date, commencing on the first of such dates to occur after the date hereof.
