Common use of Letter of Direction Clause in Contracts

Letter of Direction. Administrative Agent shall have received a duly executed letter of direction from Borrower addressed to Administrative Agent, on behalf of itself and Lenders, directing the disbursement on the Closing Date of the proceeds of the Loans made on such date.

Appears in 19 contracts

Samples: First Lien Credit and Guaranty Agreement (American Casino & Entertainment Properties LLC), Credit and Guaranty Agreement (Hamilton Lane INC), Credit and Guaranty Agreement (Global Crossing LTD)

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Letter of Direction. The Administrative Agent shall have received a duly executed letter of direction from the Borrower addressed to the Administrative Agent, on behalf of itself and Lenders, directing the disbursement on the Closing Date of the proceeds of the Loans made on such date.

Appears in 10 contracts

Samples: Credit and Guaranty Agreement (Gen Probe Inc), Credit and Guaranty Agreement (RadNet, Inc.), Credit and Guaranty Agreement (Hologic Inc)

Letter of Direction. The Administrative Agent shall have received a duly executed letter of direction from the Borrower addressed to the Administrative Agent, on behalf of itself and the Lenders, directing the disbursement on the Closing Date of the proceeds of the Loans to be made on such date.

Appears in 7 contracts

Samples: Credit and Guaranty Agreement (PetIQ, Inc.), Credit Agreement (Navistar International Corp), Credit Agreement (Navistar International Corp)

Letter of Direction. The Administrative Agent shall have received a duly executed letter of direction from the Borrower addressed to the Administrative Agent, on behalf of itself and Lenders, directing the disbursement on the Closing Date of the proceeds of the Loans to be made on such date.

Appears in 5 contracts

Samples: Credit and Guarantee Agreement (AutoTrader Group, Inc.), Credit and Guarantee Agreement (Telx Group, Inc.), Credit and Guaranty Agreement (CVR Partners, Lp)

Letter of Direction. The Administrative Agent and the Arrangers shall have received a duly executed letter of direction from Borrower addressed to the Administrative AgentAgent and the Arrangers, on behalf of itself and Lenders, directing the disbursement on the Closing Date of the proceeds of the Loans made on such date.

Appears in 4 contracts

Samples: Credit Agreement (Francesca's Holdings CORP), Credit Agreement (Francesca's Holdings CORP), Credit Agreement (Francesca's Holdings CORP)

Letter of Direction. The Administrative Agent shall have received a duly executed letter of direction from Borrower the Company addressed to the Administrative Agent, on behalf of itself and the Lenders, directing the disbursement on the Closing Date of the proceeds of the Loans to be made on such date.

Appears in 3 contracts

Samples: Term Loan Credit Agreement (Chrysler Group LLC), Credit Agreement (Chrysler Group LLC), Credit Agreement (Chrysler Group LLC)

Letter of Direction. Administrative Agent shall have received a duly executed letter of direction from Borrower addressed to Administrative Agent, on behalf of itself itself, Lenders and Lenderseach L/C Issuer, directing the disbursement on the Closing Funding Date of the proceeds of the Loans made on such date.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Atlantic Power Corp), Operations and Maintenance Agreement (Atlantic Power Corp)

Letter of Direction. The Administrative Agent shall have received a duly executed letter of direction from the Borrower addressed to the Administrative Agent, on behalf of itself and the Lenders, directing the disbursement on the Closing Date of the proceeds of the Tranche B Term Loans to be made on such date.

Appears in 2 contracts

Samples: Term Credit and Guaranty Agreement (QualTek Services Inc.), Credit and Guaranty Agreement (Entegris Inc)

Letter of Direction. Administrative Agent and Lead Arranger shall have received a duly executed letter of direction from Borrower addressed to Administrative AgentLead Arranger, on behalf of itself and Lenders, directing the disbursement on the Closing Date of the proceeds of the Loans made on such date.

Appears in 2 contracts

Samples: Counterpart Agreement (Arizona Chemical Ltd.), Second Lien Credit and Guaranty Agreement (Arizona Chemical Ltd.)

Letter of Direction. The Administrative Agent shall have received a duly executed letter of direction (the “Letter of Direction”) from Borrower the Borrowers addressed to the Administrative Agent, on behalf of itself and Lenders, directing the disbursement on the Closing Date of the proceeds of the Loans made on such date.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Ascend Wellness Holdings, LLC), Credit and Guaranty Agreement

Letter of Direction. The Administrative Agent shall have received a duly executed letter of direction from the Borrower addressed to the Administrative Agent, on behalf of itself and Lenders, directing the disbursement on the Closing ClosingRestatement Effective Date of the proceeds of the Loans made on such date.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (RadNet, Inc.), Credit and Guaranty Agreement (RadNet, Inc.)

Letter of Direction. Administrative Agent shall have received a duly executed letter of direction from Borrower addressed to Administrative Agent, on behalf of itself and Lenders, directing the disbursement on the Closing Date of the proceeds of the Tranche B-1 Term Loans made on such date.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Tronox Inc), Credit and Guaranty Agreement

Letter of Direction. Administrative Agent shall have received a duly executed originals of a letter of direction from Borrower Borrowers addressed to Administrative Agent, on behalf of itself and the Lenders, directing with respect to the disbursement on the Closing Date of the proceeds of the Loans made on such date.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Prommis Solutions Holding Corp.), Credit and Guaranty Agreement (Prommis Solutions Holding Corp.)

Letter of Direction. Administrative Agent shall have received a duly executed originals of a letter of direction from Borrower Borrowers addressed to Administrative Agent, on behalf of itself and the Lenders, directing with respect to the disbursement on the Closing applicable Credit Date with respect to the Delayed Draw Term Loans of the proceeds of the Loans made on such date.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Prommis Solutions Holding Corp.), Credit and Guaranty Agreement (Prommis Solutions Holding Corp.)

Letter of Direction. Administrative Agent shall have received a duly executed letter of direction from Borrower addressed to Administrative Agent, on behalf of itself and Lenders, directing the disbursement on the Closing Delayed Draw Funding Date of the proceeds of the Loans made on such dateDelayed Draw Term Loans.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Tronox LTD), Credit and Guaranty Agreement (Tronox LTD)

Letter of Direction. Administrative Agent shall have received a duly executed letter of direction from Borrower Company addressed to Administrative Agent, on behalf of itself and Lenders, directing the disbursement on the Closing Date of the proceeds of the Loans made on such date.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Reliant Pharmaceuticals, Inc.), Credit and Guaranty Agreement (Reliant Pharmaceuticals, Inc.)

Letter of Direction. Administrative Agent shall have received a duly executed letter of direction from Borrower Borrowers addressed to Administrative Agent, on behalf of itself and Lenders, directing the disbursement on the Closing Date of the proceeds of the Loans made on such date.

Appears in 2 contracts

Samples: First Lien Credit and Guaranty Agreement (Arizona Chemical Ltd.), Counterpart Agreement (Arizona Chemical Ltd.)

Letter of Direction. Administrative Agent shall have received a duly executed letter of direction from Borrower addressed to Administrative Agent, on behalf of itself and Lenders, directing the disbursement on the Closing Second Amendment Effective Date of the proceeds of the Loans made on such dateSecond Amendment Effective Date Term Loans.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Tronox LTD), Credit and Guaranty Agreement (Tronox LTD)

Letter of Direction. Administrative Agent shall have received a duly executed letter of direction from Borrower addressed to Administrative Agent, on behalf of itself and Lenders, directing the disbursement on the Closing Date of the proceeds of the Term Loans made on such date.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Exopack Holding Corp), Credit and Guaranty Agreement (Exopack Holding Corp)

Letter of Direction. Administrative Agent and Arrangers shall have received a duly executed letter of direction from Borrower addressed to Administrative AgentAgent and Arrangers, on behalf of itself themselves and Lenders, directing the disbursement on the Closing Date of the proceeds of the Loans made on such date.

Appears in 2 contracts

Samples: Bridge Credit and Guaranty Agreement (Leonardo DRS, Inc.), Credit Agreement (Leonardo DRS, Inc.)

Letter of Direction. Administrative Agent shall have received a duly executed letter of direction from Borrower addressed to Administrative Agent, on behalf of itself and Lenders, directing the disbursement on the Closing Date of the proceeds of the Loans made on such dateClosing Date Term Loans.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Tronox LTD), Credit and Guaranty Agreement (Tronox LTD)

Letter of Direction. Administrative Agent shall have received a duly executed letter of direction from Borrower Xxxxxxxx addressed to Administrative Agent, on behalf of itself and LendersXxxxxxx, directing the disbursement on the Closing Date of the proceeds of the Tranche B-1 Term Loans made on such date.

Appears in 1 contract

Samples: Credit and Guaranty Agreement

Letter of Direction. The Administrative Agent shall have received a duly executed letter of direction from the Borrower addressed to the Administrative Agent, on behalf of itself and Lenders, directing the disbursement on the Closing Initial Funding Date of the proceeds of the Loans made on such date.

Appears in 1 contract

Samples: Credit Agreement (Crosstex Energy Inc)

Letter of Direction. Administrative Agent shall have received a duly executed letter of direction from Borrower Company addressed to Administrative Agent, on behalf of itself and the Lenders, directing the disbursement on the Closing Date of the proceeds of the Loans made Loans. Each Lender, by delivering its signature page to this Agreement and funding a Loan on such datethe Closing Date, shall be deemed to have acknowledged receipt of, and consented to and approved, each Credit Document and each other document required to be approved by any Agent, Requisite Lenders or Lenders, as applicable on the Closing Date.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Dura Automotive Systems Inc)

Letter of Direction. The Administrative Agent shall have received a duly executed letter of direction from the Borrower addressed to the Administrative Agent, on behalf of itself and the Lenders, directing the disbursement on the Closing Date of the proceeds of the Loans to be made on such datethe Effective Date.

Appears in 1 contract

Samples: 364 Day Bridge Credit and Guaranty Agreement (Entegris Inc)

Letter of Direction. The Administrative Agent shall have received a duly executed letter of direction from the Borrower addressed to the Administrative Agent, on behalf [[NYCORP:3374084v15:3156W: 11/13/2012--12:30 p]] of itself and the Lenders, directing the disbursement on the Closing Date of the proceeds of the Term Loans to be made on such date.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Alon USA Energy, Inc.)

Letter of Direction. Administrative Agent and Arrangers shall have received a duly executed letter of direction from U.S. Borrower addressed to Administrative Agent, on behalf of itself Agent and LendersArrangers, directing the disbursement on the Closing Date of the proceeds of the Loans made on such date.

Appears in 1 contract

Samples: Credit and Guarantee Agreement (Kraton Corp)

Letter of Direction. Administrative Agent shall have received a duly executed letter of direction from Borrower addressed to Administrative Agent, on behalf of itself and LendersLender, directing the disbursement on the Closing Date of the proceeds of the Loans made on such date.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Valeant Pharmaceuticals International)

Letter of Direction. The Administrative Borrower shall have delivered to the Administrative Agent shall have received a duly executed letter of direction from Borrower addressed to authorizing the Administrative Agent, on behalf of itself and the Lenders, directing the disbursement on the Closing Date of to disburse the proceeds of the Loans made on Loans, which letter of direction includes the authorization to transfer funds under this Agreement and the wire instructions that set forth the locations to which such date.funds shall be sent. (o)

Appears in 1 contract

Samples: First Amendment Agreement (DMC Global Inc.)

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Letter of Direction. The Administrative Agent shall have received a duly executed letter of direction from the Borrower addressed to the Administrative Agent, on behalf of itself and the Lenders, directing with respect to the disbursement on the Closing Date of the proceeds of the Loans made on such date.

Appears in 1 contract

Samples: Credit Agreement (Del Frisco's Restaurant Group, LLC)

Letter of Direction. Administrative Agent shall have received a duly executed letter of direction from Borrower addressed to GSCP and Administrative Agent, on behalf of itself and Lenders, directing the disbursement on the Closing Date of the proceeds of the Loans made on such date.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Movie Gallery Inc)

Letter of Direction. Administrative Agent shall have received a duly executed letter of direction from Borrower the Company Representative addressed to Administrative Agent, on behalf of itself and Lenders, directing the disbursement on the Closing Date of the proceeds of the Loans made on such datedate substantially in the form of Exhibit B hereto, together with a funds flow, in form and substance satisfactory to Administrative Agent.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (OneWater Marine Inc.)

Letter of Direction. Administrative Agent and Arranger shall have received a duly executed letter of direction and funds flow with respect to the Transactions, from Borrower addressed to Administrative AgentAgent and Arranger, on behalf of itself and Lenders, directing the disbursement on the Closing Date of the proceeds of the Loans made on such date.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Bright Horizons Family Solutions Inc.)

Letter of Direction. The Administrative Agent shall have received a duly executed letter of direction from the Borrower addressed to the Administrative Agent, on behalf of itself and the Lenders, directing the disbursement on the Closing Date of the proceeds of the Tranche B Term Loans to be made on such date.. 129

Appears in 1 contract

Samples: Term Credit and Guaranty Agreement (QualTek Services Inc.)

Letter of Direction. Administrative Agent and Syndication Agent shall have received a duly executed letter of direction and funds flow with respect to the Acquisition dated as of the date of the Proposed Borrowing, from Borrower Borrower, addressed to the Administrative Agent and the Syndication Agent, on behalf of itself and New Term Loan Lenders, directing the disbursement on the Closing Date date of the Proposed Borrowing of the proceeds of the Series C New Term Loans made on such date.

Appears in 1 contract

Samples: Joinder Agreement (Bright Horizons Family Solutions Inc.)

Letter of Direction. The Administrative Agent shall have received a duly executed letter of direction from the Borrower addressed to the Administrative Agent, on behalf of itself and Lenders, directing the disbursement on the Closing Restatement Date of the proceeds of the Loans made on such date.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Hologic Inc)

Letter of Direction. The Administrative Borrower shall have delivered to the Administrative Agent shall have received a duly executed letter of direction from Borrower addressed to authorizing the Administrative Agent, on behalf of itself and the Lenders, directing the disbursement on the Closing Date of to disburse the proceeds of the Loans made on Loans, which letter of direction includes the authorization to transfer funds under this Agreement and the wire instructions that set forth the locations to which such datefunds shall be sent.

Appears in 1 contract

Samples: Credit and Security Agreement (DMC Global Inc.)

Letter of Direction. Administrative Agent shall have received a duly executed letter of direction from Borrower addressed to Administrative Agent, on behalf of itself and Lenders, directing the disbursement on the Closing Date of the proceeds of the Loans made on such dateTerm Loans.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Tronox Inc)

Letter of Direction. Administrative Agent shall have received a duly executed letter of direction from Borrower addressed to Administrative Agent, on behalf of itself and Lenders, directing the disbursement on the Closing Date of the proceeds of the Loans made on such dateRevolving Loans.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Movie Gallery Inc)

Letter of Direction. Administrative Agent Agents and Arrangers shall have received a duly executed letter of direction from Borrower addressed to Administrative AgentAgents and Arrangers, on behalf of itself and Lenders, directing the disbursement on the Closing Date of the proceeds of the Loans made on such date.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Nord Anglia Education, Inc.)

Letter of Direction. Administrative Agent shall have received a duly executed letter of direction from Borrower addressed to Administrative Agent, on behalf of itself and Lenders, directing the disbursement on the Closing Funding Date of the proceeds of the Loans made on such date.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Keystone Automotive Operations Inc)

Letter of Direction. Administrative Agent (or its counsel) shall have received a duly executed letter of direction from Borrower Company addressed to Administrative Agent, on behalf of itself and LendersXxxxxxx, directing the disbursement on the Closing Date of the proceeds of the Loans made on such datedate substantially in the form of Exhibit B hereto.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Veritone, Inc.)

Letter of Direction. Administrative Agent and Arranger shall have received a duly executed letter of direction from Borrower addressed to Arranger and Administrative Agent, on behalf of itself and Lenders, directing the disbursement on the Closing Date of the proceeds of the Loans made on such date.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Movie Gallery Inc)

Letter of Direction. The Administrative Agent shall have received a funds flow memorandum and duly executed borrowing notice and letter of direction from the Borrower addressed to the Administrative Agent, on behalf of itself and Lenders, directing the disbursement on the Closing Date of the proceeds of the Loans made on such date.

Appears in 1 contract

Samples: Credit Agreement (Inotiv, Inc.)

Letter of Direction. Administrative Agent shall have received a duly executed letter of direction from the Borrower addressed to Administrative Agent, on behalf of itself and Lenders, directing the disbursement on the Closing Date of the proceeds of the Tranche B-1 Term Loans made on such datedate in an amount sufficient to repay in full all obligations under the Existing Indebtedness and of the balance of the Loan proceeds into the applicable Controlled Accounts.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Kv Pharmaceutical Co /De/)

Letter of Direction. Administrative Agent shall have received a duly executed letter of direction from Borrower addressed to Administrative Agent, on behalf of itself and Lenders, directing the disbursement on the Closing Date of the proceeds of the Term Loans to be made on such date.

Appears in 1 contract

Samples: Credit and Guarantee Agreement (Griffon Corp)

Letter of Direction. Administrative Agent shall have received a duly executed originals of a letter of direction from Borrower addressed to Administrative Agent, on behalf of itself and Lenders, directing with respect to the disbursement on the Closing Date of the proceeds of the Term Loans made on such date.

Appears in 1 contract

Samples: Term Loan and Guaranty Agreement (Fedders Corp /De)

Letter of Direction. Administrative Agent and Arrangers shall have received a duly executed letter of direction from Borrower addressed to Administrative Agent, on behalf of itself Agent and LendersArrangers, directing the disbursement on the Closing Date of the proceeds of the Loans made on such date.

Appears in 1 contract

Samples: Credit and Guarantee Agreement (Kraton Performance Polymers, Inc.)

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