Common use of Term Loan Facility Clause in Contracts

Term Loan Facility. Each Lender, severally and not jointly, agrees to lend to Borrower, in a single advance on the Closing Date, its Pro Rata Share of the Term Loan Commitment; provided all conditions precedent set forth in Subsections 7.1 and 7.2 are satisfied or waived as provided herein. Amounts borrowed under this Subsection 1.1(B) that are repaid or prepaid may not be reborrowed.

Appears in 2 contracts

Samples: Credit Agreement (Atlantic Tele Network Inc /De), Credit Agreement (Atlantic Tele Network Inc /De)

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Term Loan Facility. Each Lender, severally and not jointly, agrees to lend to the Borrower, in a single advance on the Closing Date, its Pro Rata Share of the Term Loan Commitment; provided all conditions precedent set forth in Subsections 7.1 and 7.2 Section 7 are satisfied or waived by the Administrative Agent as provided herein. Amounts borrowed under this Subsection 1.1(B1.1(A) that are repaid or prepaid may not be reborrowed.

Appears in 1 contract

Samples: Credit Agreement (Frontier Communications Corp)

Term Loan Facility. Each Lender, severally and not jointly, agrees to lend to the Borrower, in a single advance on one or more advances to be made during the Closing DateAvailability Period, its Pro Rata Share of the Term Loan Commitment; provided all conditions precedent set forth in Subsections 7.1 and 7.2 are satisfied or waived by the Administrative Agent as provided herein. Amounts borrowed under this Subsection 1.1(B1.1(A) that are repaid or prepaid may not be reborrowed.

Appears in 1 contract

Samples: Credit Agreement (Citizens Communications Co)

Term Loan Facility. Each Lender, severally and not jointly, agrees to lend to Borrower, in a single advance on the Closing Date, its Pro Rata Share of the Term Loan Commitment; provided all conditions precedent set forth in Subsections 7.1 and 7.2 are satisfied or waived by Administrative Agent as provided herein. Amounts borrowed under this Subsection 1.1(B) that are repaid or prepaid may not be reborrowed.

Appears in 1 contract

Samples: Credit Agreement (Atlantic Tele Network Inc /De)

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Term Loan Facility. Each Lender, severally and not jointly, agrees to lend to the Borrower, in a single advance on to be made during the Closing DateAvailability Period, its Pro Rata Share of the Term Loan Commitment; provided all conditions precedent set forth in Subsections 7.1 and 7.2 are satisfied or waived by the Administrative Agent as provided herein. Amounts borrowed under this Subsection 1.1(B1.1(A) that are repaid or prepaid may not be reborrowed.

Appears in 1 contract

Samples: Credit Agreement (Citizens Communications Co)

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