Supplemental Term Loans Sample Clauses

Supplemental Term Loans. (a) Subject to the conditions set forth in Section 4 and in accordance with the terms hereof, the Increasing Tranche G Lender agrees to make, in Dollars, in a single draw, a term loan (each such term loan, a “Supplemental Tranche G Term Loan”) to the Borrower in an aggregate principal amount not to exceed its Supplemental Tranche G Commitment as such amount may be adjusted or reduced pursuant to the terms hereof. Each Supplemental Tranche G Term Loan shall, except as set forth herein, be, and be subject to the provisions applicable to, Tranche G Term Loans for all purposes of the Credit Agreement and the other Loan Documents: For the avoidance of doubt, the Supplemental Tranche G Term Loans shall be considered an increase in the Tranche G Term Loans and shall not be considered a separate Tranche of Tranche G Term Loans under the Credit Agreement.
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Supplemental Term Loans. (a) In addition to, and not in limitation of, the existing Supplemental Term Loan outstanding immediately prior to the Amendment No. 3 Effective Date and the Revolving Loans which have been previously made and may hereafter be made (subject to the terms of the Loan Agreement) by Agent and Lenders to Borrowers, at Borrowers' and Guarantors' request, as a one-time accommodation to Borrowers, Lenders have agreed to make additional Supplemental Term Loans to Borrowers as follows: (i) on the Amendment No. 3 Effective Date, Lenders shall make their Pro Rata Share of additional Supplemental Term Loans to Borrowers in an aggregate amount of $5,500,000 and (ii)on such date that Agent has received evidence satisfactory to Agent that Borrowers have received Xxxxxxxx Contributions in an aggregate amount of not less than $1,500,000 and provided no Default or Event of Default shall have occurred and be continuing, Lenders shall make their Pro Rata Share of additional Supplemental Term Loans to Borrowers in an aggregate amount of $1,500,000 (i.e., after giving effect thereto, the total Supplemental Term Loans then outstanding shall be in the aggregate amount of $10,000,000). The Supplemental Term Loans made pursuant to this Amendment shall be added to and consolidated with the Supplemental Term Loan outstanding immediately prior to the Amendment No. 3 Effective Date and, as so consolidated, shall constitute the Supplemental Term Loan for all purposes of the Loan Agreement and the other Financing Agreements, shall be secured by all of the Collateral and shall be made within the limits of the Maximum Credit. The proceeds of the Supplemental Term Loan made by Lenders to Borrowers from and after the Amendment No. 3 Effective Date shall be used by Borrowers, and Agent shall accordingly apply all of such proceeds, solely to repay to Agent, for the benefit of Lenders, then outstanding Revolving Loans.
Supplemental Term Loans. Section 2.3B(a) of the Loan Agreement is hereby amended by deleting the reference to "December 31, 2006" and replacing it with "March 31, 2007".
Supplemental Term Loans. Subject to the terms and conditions of this Agreement, each Lender with a Supplemental Term Loan Commitment as of the Amendment and Restatement Closing Date severally agrees to make a Supplemental Term Loan to the Borrower on the Amendment and Restatement Closing Date. The Supplemental Term Loans shall be funded by each such Lender in a principal amount equal to such Lender's Supplemental Term Loan Commitment as identified on the Register on the Amendment and Restatement Closing Date.
Supplemental Term Loans. Subject to Section 2.3(b), the principal amount outstanding for each Supplemental Term Loan shall accrue interest at a floating per annum rate equal to the greater of (A) one-half of one percent (0.50%) above the Prime Rate or (B) three and three-quarters of one percent (3.75%), in each case, which shall be payable monthly in accordance with Section 2.3(d) hereof.”
Supplemental Term Loans. (a) Section 2.3B(a) of the Loan Agreement is hereby amended by:
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Supplemental Term Loans. (a) Subject to and upon the terms and conditions herein set forth, each Supplemental Term Lender severally agrees to make a Supplemental Term Loan to the Borrower, which loans shall be (each individually a "Supplemental Term Loan" and, collectively, the "Supplemental Term Loans") made pursuant to one drawing, which shall be on the Amendment No. 10 Effective Date and shall not exceed for any Supplemental Term Lender at the time of incurrence thereof on the Amendment No. 10 Effective Date that aggregate principal amount set forth opposite such Lender's name on Schedule XVI hereto. The unpaid principal amount of each Supplemental Term Loan shall bear interest from the date of the Borrowing thereof until maturity (whether by acceleration or otherwise) at the Supplemental Rate, payable semi-annually in cash as set forth below and to the extent that the incurrence and payment does not violate the Senior Note Documents, additional interest accruing at the rate of 1% per annum ("Supplemental Additional Rate") payable only after the Commitment Termination Date and then only upon the payment or prepayment of principal with respect to which it has accrued or upon the Supplemental Final Maturity Date to the extent not theretofore paid ("Supplemental Additional Interest").
Supplemental Term Loans. The Company has requested the establishment of a supplemental term loan facility pursuant to which the Term Borrower may request Supplemental Term Loans. In connection with the foregoing, Article II of the Credit Agreement is hereby amended by inserting at the end thereof the following Section 2.19:
Supplemental Term Loans. At any time prior to the Supplemental Term Loan Availability Expiration Date, subject to the requirements of this subsection 2.1A(iv) and the other terms and conditions of this Agreement and in reliance upon the representations and warranties of Borrower herein set forth, Borrower may propose to incur Supplemental Term Loans in accordance with clause (b) of this subsection 2.1A(iv) to be used solely for the purposes identified in subsection 2.5C. The aggregate amount of Supplemental Term Loans shall not exceed $75,000,000. The Supplemental Term Loans shall have terms identical to the Term B Loans; provided that fees payable to lenders for their Supplemental Term Loan commitments and interest payable on the Supplemental Term Loans will be as determined at the time such commitment becomes effective. Supplemental Term Loans may only be incurred (x) with the written consent of Administrative Agent, (y) solely in connection with a Permitted Acquisition and (z) if at the time of such incurrence no Event of Default or Potential Event of Default shall have occurred and be continuing or shall be caused thereby. Amounts borrowed under this subsection 2.1A(iv) and subsequently repaid or prepaid may not be reborrowed.
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