Common use of Loans and Commitments Clause in Contracts

Loans and Commitments. (a) Subject to the terms and conditions hereof, each Term A Loan outstanding under the Existing Credit Agreement immediately prior to the New Restatement Effective Date shall remain outstanding under this Agreement from and after the New Restatement Effective Date as a Term A Loan hereunder. Each Term A Loan that was a Eurodollar Loan of a particular Eurodollar Tranche under the Existing Credit Agreement immediately prior to the New Restatement Effective Date shall initially be a Eurodollar Loan of a Eurodollar Tranche under this Agreement with an initial Interest Period equal to the then remaining Interest Period for such Eurodollar Tranche under the Existing Credit Agreement (and with the same Eurodollar Rate for such Interest Period). Each Term A Loan that was an ABR Loan under the Existing Credit Agreement immediately prior to the New Restatement Effective Date shall initially be an ABR Loan under this Agreement. The Term A Loans may from time to time be Eurodollar Loans or ABR Loans, as determined by the Borrower and notified to the Administrative Agent in accordance with Sections 2.2 and 2.10.

Appears in 2 contracts

Samples: Credit Agreement (Charter Communications, Inc. /Mo/), Restatement Agreement (Charter Communications, Inc. /Mo/)

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Loans and Commitments. (a) Subject to the terms and conditions hereof, each Term A Loan outstanding under the Existing Credit Agreement immediately prior to the New Restatement Effective Date shall remain outstanding under this Agreement from and after the New Restatement Effective Date as a Term A Loan hereunderLoan. Each Term A Loan Loans that was a were Eurodollar Loan Loans of a particular Eurodollar Tranche under the Existing Credit Agreement immediately prior to the New effectiveness of this Agreement on the Restatement Effective Date shall initially be a Eurodollar Loan Loans of a Eurodollar Tranche under this Agreement with an initial Interest Period equal to the then remaining Interest Period for such Eurodollar Tranche under the Existing Credit Agreement (and with the same Eurodollar Rate for such Interest PeriodRate). Each Term A Loan Loans that was an were ABR Loan Loans under the Existing Credit Agreement immediately prior to the New effectiveness of this Agreement on the Restatement Effective Date shall initially be an ABR Loan Loans under this Agreement. The Term A Loans may from time to time be Eurodollar Loans or ABR Loans, as determined by the Borrower and notified to the Administrative Agent in accordance with Sections 2.2 and 2.10.

Appears in 2 contracts

Samples: Guarantee and Collateral Agreement (Cco Holdings LLC), Guarantee and Collateral Agreement (Cco Holdings LLC)

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Loans and Commitments. (a) Subject to the terms and conditions hereof, each Term A A-1 Loan outstanding under the Existing Credit this Agreement immediately prior to the New Restatement Amendment No. 4 Effective Date shall remain outstanding under this Agreement from and after the New Restatement Effective Date as a Term A Loan hereunderA-1 Loan. Each Term A Loan A-1 Loans that was a were Eurodollar Loan Loans of a particular Eurodollar Tranche under the Existing Credit this Agreement immediately prior to the New Restatement effectiveness of Amendment No. 4 on the Amendment No. 4 Effective Date shall initially be a Eurodollar Loan Loans of a Eurodollar Tranche under this Agreement with an initial Interest Period equal to the then remaining Interest Period for such Eurodollar Tranche under the Existing Credit this Agreement (and with the same Eurodollar Rate for such Interest PeriodRate). Each Term A Loan A-1 Loans that was an were ABR Loan Loans under the Existing Credit this Agreement immediately prior to the New Restatement effectiveness of Amendment No. 4 on the Amendment No. 4 Effective Date shall initially be an ABR Loan Loans under this Agreement. The Term A A-1 Loans may from time to time be Eurodollar Loans or ABR Loans, as determined by the Borrower and notified to the Administrative Agent in accordance with Sections 2.2 and 2.10.

Appears in 1 contract

Samples: Credit Agreement (Charter Communications, Inc. /Mo/)

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