Common use of Term Loan A Commitments Clause in Contracts

Term Loan A Commitments. Subject to the terms and conditions hereof, and relying upon the representations and warranties herein set forth, each Lender with a Term Loan A Commitment severally agrees to continue the advance of a term loan (the "Term Loan A") to the Borrower and the Co-Borrower on the Closing Date in an amount equal to such Lender's Term Loan A Commitment, which amount represents the then current outstanding principal balance of such Term Loan A as of the Closing Date.

Appears in 2 contracts

Sources: Credit Agreement (Rent Way Inc), Credit Agreement (Rent Way Inc)

Term Loan A Commitments. Subject to the terms and conditions hereof, and relying upon the representations and warranties herein set forthspecified, each Lender with a Term Loan A Commitment severally agrees to continue the advance of make a term loan (the "Term Loan A") to the Borrower and the Co-Borrower on the Closing Date in an a principal amount equal to such Lender's ’s Term Loan A Commitment, which amount represents the then current outstanding principal balance of such Term Loan A as of the Closing Date.

Appears in 1 contract

Sources: Credit Agreement (Aimco Properties L.P.)