Common use of Loan Commitment Clause in Contracts

Loan Commitment. Subject to the terms and conditions of this Agreement, including Section 12.2, and further subject to the availability of funds to the Lender pursuant to the Indenture, the Lender agrees to make loans hereunder (the "Loans") to AESOP Leasing from time to time on or after the Initial Closing Date and prior to the Loan Commitment Termination Date; provided, that on any one date the Loan Principal Amount of all Loans made hereunder to AESOP Leasing shall not exceed the AESOP I Operating Lease Loan Agreement Borrowing Base. The foregoing commitment of the Lender is called the "Loan Commitment".

Appears in 3 contracts

Samples: Loan Agreement (Avis Rent a Car Inc), Loan Agreement (Avis Rent a Car Inc), Loan Agreement (Avis Rent a Car Inc)

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Loan Commitment. Subject to the terms and conditions of this Agreement, including Section 12.2, and further subject to the availability of funds to the Lender pursuant to the Indenture, the Lender agrees to make loans hereunder (the "Loans") to AESOP Leasing from time to time on or after the Initial Closing Date and prior to the Loan Commitment Termination Date; provided, that on any one date the Loan Principal Amount of all Loans made hereunder to AESOP Leasing shall not exceed the AESOP I Operating Finance Lease Loan Agreement Borrowing Base. The foregoing commitment of the Lender is called the "Loan Commitment".

Appears in 2 contracts

Samples: Loan Agreement (Avis Rent a Car Inc), Loan Agreement (Avis Rent a Car Inc)

Loan Commitment. Subject to the terms and conditions of this Agreement, including Section 12.2, 12.2 and further subject to the availability of funds to the Lender pursuant to the Indenture, the Lender agrees to make loans hereunder (the "Loans") to AESOP Leasing II from time to time on or after the Initial Closing Date and prior to the Loan Commitment Termination Date; provided, that on any one date the Loan Principal Amount of all Loans made hereunder to AESOP Leasing II shall not exceed the AESOP I Operating Lease II Loan Agreement Borrowing Base. The foregoing commitment of the Lender is called the "Loan Commitment".

Appears in 2 contracts

Samples: Loan Agreement (Avis Rent a Car Inc), Loan Agreement (Avis Rent a Car Inc)

Loan Commitment. Subject to the terms and conditions of this Agreement, including Section 12.2, and further subject to the availability of funds to the Lender pursuant to the Indenture, the Lender agrees to make loans hereunder (the "Loans") to AESOP Leasing from time to time on or after the Initial Closing Date and prior to the Loan Commitment Termination Date; provided, provided that on any one date the Loan Principal Amount of all Loans made hereunder to AESOP Leasing shall not exceed the AESOP I Operating Lease Loan Agreement Borrowing Base. The foregoing commitment of the Lender is called the "Loan Commitment".

Appears in 1 contract

Samples: Loan Agreement (Cendant Corp)

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Loan Commitment. Subject to the terms and conditions of this Agreement, including Section 12.2, and further subject to the availability of funds to the Lender pursuant to the Indenture, the Lender agrees to make loans hereunder (the "Loans") to AESOP Leasing from time to time on or after the Initial Closing Date and prior to the Loan Commitment Termination Date; provided, provided that on any one date the Loan Principal Amount of all Loans made hereunder to AESOP Leasing shall not exceed the AESOP I Operating Finance Lease Loan Agreement Borrowing Base. The foregoing commitment of the Lender is called the "Loan Commitment".

Appears in 1 contract

Samples: Loan Agreement (Avis Budget Group, Inc.)

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