Common use of Term Facility Clause in Contracts

Term Facility. (a) Subject to the terms and conditions of this Agreement and in reliance upon the representations and warranties contained herein, each Lender with a Term Commitment severally and not jointly agrees to lend, on the Closing Date, to the Company the amount set forth opposite such Lender’s name in Schedule 1 under the heading “Term Commitments”.

Appears in 3 contracts

Samples: Credit Agreement (American Greetings Corp), Credit Agreement (American Greetings Corp), Credit Agreement (American Greetings Corp)

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Term Facility. (a) Subject to the terms and conditions of this Agreement and in reliance upon the representations and warranties contained herein, each Lender with a Term Commitment severally and not jointly agrees to lend, on the Closing Date, to the Company the amount set forth opposite such Lender’s name in Schedule 1 under the heading “Term Commitments” (in each case, prior to giving effect to the Third Amendment).

Appears in 1 contract

Samples: Credit Agreement (American Greetings Corp)

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