Common use of Term Loan A Commitment Clause in Contracts

Term Loan A Commitment. Each Lender agrees to make term loans to the Borrowers (each such loan, a "Term Loan A"), on the terms and conditions herein set forth, in amounts and on the additional terms and conditions set forth below: (a) on the Closing Date, each Lender agrees to make a term loan to the Borrowers in such Lender's Pro Rata Share of $8,337,878 (collectively, the "Initial Term Loans A"); and (b) on any Business Day during the period commencing on the first Business Day after the Closing Date through and including September 1, 2000 (or through and excluding the date on which the Term Loan A Maximum Amount otherwise is reduced to zero in accordance with the terms hereof), each Lender agrees to make additional term loans to the Borrowers in such Lender's Pro Rata Share of the respective amounts requested by the Borrower in accordance with Section 2.2.2 (each, a "Subsequent Term Loan A" and collectively, the "Subsequent Term Loans A"); provided, that, in addition to the conditions set forth in Section 2.2.2, (i) any notice given to the Agent in respect of any proposed borrowing of a Subsequent Term Loan A in accordance with the terms hereof shall specifically state that such borrowing is to be a Subsequent Term Loan A, (ii) the Borrowers shall be permitted to borrow a Subsequent Term Loan A no more frequently than once in any calendar week and (iii) the aggregate amount of any Subsequent Term Loan A shall be in an amount of at least $100,000 and an integral multiple of $100,000 but not to exceed $500,000; provided, further, that, subject to the penultimate sentence of this paragraph, in the event that any or all of the conditions precedent to the obligation of the Lenders to make any Subsequent Term Loan A shall not have been satisfied on the respective date of funding set forth in clause (b) above and the Lenders shall have refused to fund such Subsequent Term Loan A, and such condition or conditions thereafter shall have been cured or waived in writing by the Required Lenders, then the Lenders shall make such respective Subsequent Term Loans A on the date such condition or conditions precedent shall have been so cured or waived. The aggregate amount of such Term Loans A (inclusive of the Initial Term Loan A and each Subsequent Term Loan A) shall not exceed $11,150,000 (as such amount may be reduced from time to time in accordance with Section 6.1 prior to September 1, 2000,the "Term Loan A Maximum Amount"; provided, that the Term Loan A Maximum Amount automatically further shall be reduced effective on any date the then existing Term Loan A Maximum Amount, exceeds the product obtained by multiplying (y) the number of complete calendar weeks remaining during the period commencing on such date and ending on September 1, 2000 (provided, that if any Subsequent Term Loan A shall have previously been funded during the then current calendar week, such period shall commence on the first Business Day of the immediately succeeding calendar week), by (z) $500,000, and such automatic reduction shall be in the amount of such excess (rounded up to the nearest integral of $100,000). The commitments of the Lenders to make Term Loans A shall expire concurrently with the making of the Terms Loans A in accordance with the foregoing provisions and, notwithstanding anything contained herein to the contrary, no Lender shall have an obligation to fund any Subsequent Term Loans A after September 1, 2000. Term Loans A that are subsequently repaid or prepaid may not be reborrowed.