Total Facility. In connection with the Exchange Offer Closing, each Lender in exchange for their 2005 Senior Notes and 2008 Senior Notes agree to accept the Term Loans in the amount as set forth on Schedule 1.1 opposite such Lender's name, constituting a total credit facility of up to $110 million (the "Total Facility"). The Total Facility shall be composed of the Term Loans to the Borrowers. Notwithstanding anything to the contrary contained in this Agreement, the aggregate principal amount of Term Loans under this Agreement shall not exceed $110 million.
Appears in 4 contracts
Samples: Credit Agreement (Salton Inc), Credit Agreement (Salton Inc), Credit Agreement (Salton Inc)
