Common use of Term Borrowings Clause in Contracts

Term Borrowings. In the case of the initial Revolving Borrowing, the fact that prior to, or concurrently with, such Revolving Borrowing, the Borrower has made a Term B Borrowing in the full amount of the Term B Commitments. The delivery of each Notice of Borrowing, Swing Line Loan Request and each request for a Letter of Credit shall constitute a representation and warranty by the Loan Parties of the correctness of the matters specified in subsections (b), (c) and (d) above.

Appears in 2 contracts

Sources: Credit Agreement (Central Credit, LLC), Credit Agreement (Global Cash Access, Inc.)

Term Borrowings. In the case of the initial Revolving Borrowing, the fact that prior to, or concurrently with, such Revolving Borrowing, the Borrower has made a Term B Borrowing in the full amount of the Term B Commitments. The delivery of each Notice of Borrowing, Swing Line Swingline Loan Request and each request for a Letter of Credit shall constitute a representation and warranty by the Loan Credit Parties of the correctness of the matters specified in subsections (b), (c) and (d) above.

Appears in 1 contract

Sources: Credit Agreement (Hillman Companies Inc)

Term Borrowings. In the case of the initial Revolving Borrowing, the fact that prior to, or concurrently with, such Revolving Borrowing, the Borrower has made a Term B Borrowing in the full amount of the Term B Commitments and a Second Lien Borrowing in the full amount of the Second Lien Commitments. The delivery of each Notice of Borrowing, Swing Line Loan Request and each request for a Letter of Credit shall constitute a representation and warranty by the Loan Parties of the correctness of the matters specified in subsections (b), (c) and (d) above.

Appears in 1 contract

Sources: Credit Agreement (VeriFone Holdings, Inc.)

Term Borrowings. In the case of the initial Revolving BorrowingBorrowing or Multi-Currency Revolving Borrowings, as applicable, the fact that prior to, or concurrently with, such Revolving Borrowing or Multi-Currency Revolving Borrowing, as applicable, the Borrower has made a Term B Borrowing in the full amount of the Term B Commitments. The delivery of each Notice of Borrowing, Swing Line Loan Request Borrowing and each request for a Letter of Credit shall constitute a representation and warranty by the Loan Credit Parties of the correctness of the matters specified in subsections (b), (c) and (d) above.

Appears in 1 contract

Sources: Credit Agreement (Amf Bowling Worldwide Inc)

Term Borrowings. In the case of the initial Revolving BorrowingBorrowing after the Effective Date, the fact that prior to, or concurrently with, such Revolving Borrowing, the Borrower has made a an Additional Term B Borrowing in the full amount of the Additional Term B Commitments. The delivery of each Notice of Borrowing, Swing Line Swingline Loan Request and each request for a Letter of Credit shall constitute a representation and warranty by the Loan Credit Parties of the correctness of the matters specified in subsections (b), (c) and (d) above.

Appears in 1 contract

Sources: Credit Agreement (Hillman Companies Inc)