Tranche A Loans. Subject to the terms and conditions of this Agreement (including, without limitation, Section 2.13(a)), each Tranche A Lender severally agrees to make one or more loans to the Borrower from time to time from and including the Closing Date to but excluding the Tranche A Commitment Termination Date up to but not exceeding the amount of such Tranche A Lender's Tranche A Commitment as then in effect. Notwithstanding anything to the contrary contained in this Agreement, the Borrower, the Administrative Agent and the Lenders agree that, as of the Closing Date, the aggregate outstanding principal amount of the Original Tranche A Loans was $______________ , which amount shall be deemed outstanding as Tranche A Loans hereunder. (Such loans referred to in this Section 2.1(a) now or hereafter made or deemed made by the Tranche A Lenders to the Borrower, including, without limitation, such loans which remain outstanding after the Tranche A Commitment Termination Date, are hereinafter collectively called the "Tranche A Loans".) The Borrower may not reborrow the Tranche A Loans which have been repaid; provided, however, that the Borrower may reborrow the Tranche A Loans which have been prepaid in accordance with Section 2.7(e) in the event that the Borrower elects to increase the Tranche A Commitments in accordance with Section 2.13(c) by an amount equal to or greater than the amount of such reborrowed Loan.
Appears in 2 contracts
Sources: Credit Agreement (Alamosa PCS Holdings Inc), Credit Agreement (Alamosa PCS Holdings Inc)
Tranche A Loans. Subject to the terms and conditions of this Agreement (including, without limitation, Section 2.13(a)) and Article 6), each Tranche A Lender severally agrees to make one or more loans to the Borrower from time to time from and including the Closing New Advance Date to but excluding the Tranche A Commitment Termination Date up to but not exceeding the amount of such Tranche A Lender's Tranche A Commitment as then in effect. Notwithstanding anything to the contrary contained in this Agreement, the Borrower, the Administrative Agent and the Lenders agree that, as of the Closing Date, the aggregate outstanding principal amount of the Original Tranche A Loans was is $______________ 3,114,890.03, which amount shall be deemed outstanding as Tranche A Loans hereunder. (Such loans referred to in this Section 2.1(a) now or hereafter made or deemed made by the Tranche A Lenders to the Borrower, including, without limitation, such loans which remain outstanding after the Tranche A Commitment Termination Date, are hereinafter collectively called the "Tranche A Loans".) The Borrower may not reborrow the Tranche A Loans which have been repaid; provided. The parties hereto hereby agree that, howeveras of the Closing Date, that the Borrower may reborrow aggregate outstanding principal amount of the Tranche A Loans which have been prepaid in accordance with Section 2.7(e) in the event that the Borrower elects to increase the Tranche A Commitments in accordance with Section 2.13(c) by an amount equal to or greater than the amount of such reborrowed Loanis $3,114,890.03.
Appears in 2 contracts
Sources: Credit Agreement (Alamosa Holdings Inc), Credit Agreement (Alamosa PCS Holdings Inc)
Tranche A Loans. On the Second Restatement Date (after giving effect to the Master Assignment), the Existing Revolving Loans shall continue (subject to the terms and conditions hereof) as "Tranche A Loans" hereunder. Subject to the terms and conditions of this Agreement (including, without limitation, Section 2.13(a))hereof, each Tranche A Lender severally agrees to make one or more revolving credit loans (each a "TRANCHE A LOAN" and, as the context may require, collectively with all other Tranche A Loans of such Tranche A Lender and/or with the Tranche A Loans of each other Tranche A Lender, the "TRANCHE A LOANS") to the Borrower from time to time from and including the Closing Date to but excluding during the Tranche A Commitment Termination Date up to but Period, PROVIDED THAT immediately after giving effect thereto (i) the Tranche A Exposure of such Tranche A Lender shall not exceeding the amount of exceed such Tranche A Lender's Tranche A Commitment as then in effect. Notwithstanding anything to Commitment, and (ii) the contrary contained in this Agreement, the Borrower, the Administrative Agent and the Lenders agree that, as of the Closing Date, the aggregate outstanding principal amount of the Original Aggregate Tranche A Loans was $______________ , which amount Exposure shall be deemed outstanding as not exceed the Aggregate Tranche A Loans hereunderCommitments. (Such loans referred to in this Section 2.1(a) now or hereafter made or deemed made by the Tranche A Lenders to the Borrower, including, without limitation, such loans which remain outstanding after During the Tranche A Commitment Termination DatePeriod, are hereinafter collectively called the "Tranche A Loans".) The Borrower may not reborrow the Tranche A Loans which have been repaid; provided, however, that the Borrower may borrow, prepay in whole or in part and reborrow under the Aggregate Tranche A Loans which have been prepaid Commitments, all in accordance with Section 2.7(e) in the event that the Borrower elects to increase the Tranche A Commitments in accordance with Section 2.13(c) by an amount equal to or greater than the amount terms and conditions of such reborrowed Loanthis Agreement.
Appears in 1 contract
Sources: Credit Agreement (Arch Communications Group Inc /De/)
Tranche A Loans. Subject to the terms and conditions of this Agreement (including, without limitation, Section 2.13(a)), each Tranche A Lender severally agrees to make one or more loans to the Borrower from time to time from and including the Closing Date to but excluding the Tranche A Commitment Termination Date up to but not exceeding the amount of such Tranche A Lender's Tranche A Commitment as then in effect. Notwithstanding anything to the contrary contained in this Agreement, the Borrower, the Administrative Agent and the Lenders agree that, as of the Closing Date, the aggregate outstanding principal amount of the Original Tranche A Loans was is $______________ 3,114,890.03, which amount shall be deemed outstanding as Tranche A Loans hereunder. (Such loans referred to in this Section 2.1(a) now or hereafter made or deemed made by the Tranche A Lenders to the Borrower, including, without limitation, such loans which remain outstanding after the Tranche A Commitment Termination Date, are hereinafter collectively called the "Tranche A Loans".) The Borrower may not reborrow the Tranche A Loans which have been repaid; provided, however, that the Borrower may reborrow the Tranche A Loans which have been prepaid in accordance with Section 2.7(e) in the event that the Borrower elects to increase the Tranche A Commitments in accordance with Section 2.13(c) by an amount equal to or greater than the amount of such reborrowed Loan.
Appears in 1 contract