Term Credit Facility. Banks shall make available to Borrower a non-revolving line of credit in the maximum aggregate principal amount of FIFTEEN MILLION AND NO/100 DOLLARS ($15,000,000.00) (the "Non- Revolving Line of Credit"), which Non- Revolving Line of Credit may be drawn upon by Borrower on any Business Day of Banks during the period from the date hereof until and including June 30, 1997, or such earlier date as may be fixed by Borrower on at least one (1) Business Day's telephonic notice to Agent, to be confirmed in writing by Borrower, in the form of actual fundings to Borrower by Banks in such amounts as Borrower may from time to time request (each such funding being hereinafter referred to individually as a "Non-Revolving Advance" and collectively as the "Non-Revolving Advances"), so long as the aggregate principal amount of all outstanding Non- Revolving Advances at any one time does not exceed the Non-Revolving Commitment. On July 1, 1997, all of Banks' obligations to make Non-Revolving Advances on the Non- Revolving Line of Credit shall cease, and shall automatically, without the necessity of any further act on the part of Banks, Agent or Borrower, convert to a term loan in a principal amount equal to the aggregate amount of all Non-Revolving Advances made by Banks to Borrower during the period from October 24, 1996 until and including June 30, 1997. All Non-Revolving Advances repaid on the Non-Revolving Line of Credit shall not be reborrowed but shall reduce the Non- Revolving Commitment on a dollar-for-dollar basis. The credit facility described in this Section 1.1 is hereinafter referred to as the "Term Credit Facility".
Term Credit Facility. Ladies and Gentlemen: Reference is made to that certain Term Credit Agreement dated as of October 26, 2004, as amended, among Sunstone Hotel Partnership, LLC (“Borrower”); Sunstone Hotel Investors, Inc. (“Parent Guarantor”) and the subsidiaries of the Borrower listed therein as subsidiary guarantors, as guarantors; Citicorp North America, Inc. (“CNAI”), as administrative agent and collateral agent (“Agent”); the financial institutions identified therein as lenders (the “Lenders”) or lender parties (the “Lender Parties”); Calyon New York Branch and Deutsche Bank Securities Inc., as co-documentation agents, and Citigroup Global Markets Inc., Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated and Xxxxxx Xxxxxxx Senior Funding, Inc., as joint lead arrangers and joint book running managers (as amended prior to the date hereof, the “Credit Agreement”). Capitalized terms not otherwise defined herein shall have their respective meanings set forth in the Credit Agreement. On or about December 22, 2005, SHP Xxxxx, LLC (the “Xxxxx Subsidiary”) ceased to be bound by its applicable Excluded Subsidiary Agreement. Borrower desires that the Xxxxx Subsidiary continue to be an Excluded Subsidiary for all purposes under the Credit Agreement and the other Loan Documents, such that the Xxxxx Subsidiary shall not be required to execute and deliver a Guaranty Supplement or otherwise become a Guarantor, whether or not the Xxxxx Subsidiary incurs Non-Recourse Debt not prohibited by the Credit Agreement within the 90 day period set forth in Section 5.01(j)(i) of the Credit Agreement. Subject to the terms and conditions of this Limited Waiver and Amendment (this “Agreement”), Agent and the Lenders are willing to waive such compliance to such extent. Furthermore, Borrower desires that the schedule amendment and document delivery requirements set forth in the last clause of Section 5.01(j)(i) and in the proviso of Section 5.01(j)(ii) be modified, effective as of October 26, 2004, such that (i) to the extent necessary to make such Schedule 4.01(y) to the Credit Agreement accurate and complete, Borrower shall provide an amended Schedule 4.01(y) to the Administrative Agent within 15 Business Days after the end of each calendar quarter, beginning with the calendar quarter ending March 31, 2006 and (ii) Borrower shall provide copies of any new agreements in respect of Non-Recourse Debt identified in such amended Schedule 4.01(y) to the Administrative Agent promptly following any request by...
Term Credit Facility. Subject to and upon the terms, covenants and conditions of this Agreement, the Term Lender agrees to lend to Borrower the principal amount of $50,000,000.00 on the Initial Borrowing Date, of which principal amount $25,000,000.00 will be Term Loan A and $25,000,000.00 will be Term Loan B. The proceeds of the Term Credit Facility shall be used by Borrower for general corporate purposes, including, without limitation, working capital and the acquisition of Acquired Businesses or the repayment of Debt or other obligations outstanding under the Prior Credit Agreement.
Term Credit Facility. 6 1.2 Revolving Credit Facility............................ 7 1.3 Borrowing Procedure Under the Credit Facilities...... 8 1.4
Term Credit Facility. Substantially concurrently with the satisfaction of the other conditions precedent set forth in this subsection 6.1, the Parent Borrower shall have entered into the Term Loan Credit Agreement.
Term Credit Facility. Percentage interest assigned % % % % % [Term Loan Commitment assigned] $ $ $ $ $ [Aggregate outstanding principal amount of Loans assigned] $ $ $ $ $ , as Assignor [Type or print legal name of Assignor] By Title: Dated: , 20 , as Assignee [Type or print legal name of Assignee] By Title: Dated: , 20 Domestic Lending Office: Eurodollar Lending Office: [Accepted and Approved this Day of , 20 iGATE TECHNOLOGIES INC., as Borrower By Title:]1 1 Consent of the Borrower shall not be required if an Event of Default has occurred and be continuing or to an assignment to an Affiliate of the Lender, or an Approved Fund relating thereto and the Borrower shall be deemed to have consented to any such assignment unless it shall object thereto by written notice to the Lender within five Business Days after having received notice thereof. EXHIBIT E FORM OF GUARANTY See Attached. EXHIBIT F-I OPINION MATTERS NEW YORK COUNSEL TO LOAN PARTIES See Attached. EXHIBIT F-II OPINION MATTERS PENNSYLVANIA COUNSEL TO LOAN PARTIES See Attached. EXHIBIT G FORM OF SECRETARY’S CERTIFICATE See Attached. EXHIBIT H SOLVENCY CERTIFICATE OF IGATE CORPORATION See Attached.
Term Credit Facility. All principal amounts outstanding, interest accrued and other obligations under the Term Loan Credit Agreement, dated July 1, 2020, among the Borrower, JPMorgan Chase Bank, N.A., as administrative agent thereunder and the lenders party thereto, shall have been paid in full and the liens granted thereunder released.
Term Credit Facility. Subject to the terms, conditions and limitations hereof, and provided that no Event of Default has occurred hereunder, Bank agrees to lend money to Borrower up to the maximum amount of Four Million Four Hundred Fifty Two Thousand Eight Hundred Eighty Six Dollars ($4,452,886.00). The loan so made shall be evidenced by Borrower’s Term Note. Borrower promises to pay to Bank the outstanding principal and accrued and unpaid interest under the Term Note as follows: (1) monthly payments of interest commencing on February 1, 2008 and on the first day of each month thereafter through and including July 1, 2008, (2) monthly payments of principal and interest in the amount of Seventy Two Thousand Twenty Three and 90/100 Dollars ($72,023.90) each, commencing on August 1, 2008 and on the first day of each month thereafter, and (2) a final payment of all outstanding principal and accrued but unpaid interest on January 1, 2013.
Term Credit Facility. Subject to the terms and conditions hereof, each Term Loan B Lender agrees to make available to Borrower its Pro-Rata Share of the advance under the Term Loan B Commitment (a “Term Loan B Advance”). The Pro-Rata Share of any Term Loan B Lender shall not at any time exceed its individual Term Loan B Commitment. The obligations of each Term Loan B Lender hereunder shall be several and not joint. The Term Loan B Advance may be drawn down by the Borrower by way of single drawdown on April 25, 2007 in Canadian Dollars to a maximum of the Term Loan B Commitment as set out in Annex D. Any portion of the Term Loan B Commitment Amount not drawn on the Closing Date shall be immediately cancelled.
Term Credit Facility
