Tranche B Term Loans. Each Tranche B Term Loan Lender severally -------------------- agrees to lend to Company on the Closing Date an amount not exceeding its Pro Rata Share of the aggregate amount of the Tranche B Term Loan Commitments to be used for the purposes identified in subsection 2.5A. The amount of each Tranche B Term Loan Lender's Tranche B Term Loan Commitment is set forth opposite its name on Schedule 2.1 annexed hereto and the ------------ aggregate amount of the Tranche B Term Loan Commitments is $50,000,000; provided that the Tranche B Term Loan Commitments of Tranche B Term Loan -------- Lenders shall be adjusted to give effect to any assignments of the Tranche B Term Loan Commitments pursuant to subsection 10.1B. Each Tranche B Term Loan Lender's Tranche B Term Loan Commitment shall expire immediately and without further action on the Closing Date, if the Tranche B Term Loans are not made on or before that date. Company may make only one borrowing under the Tranche B Term Loan Commitments. Amounts borrowed under this subsection 2.1A(ii) and subsequently repaid or prepaid may not be reborrowed.
Appears in 2 contracts
Sources: Credit Agreement (Diamond Brands Operating Corp), Credit Agreement (Diamond Brands Operating Corp)
Tranche B Term Loans. Each Lender that has a Tranche B Term Loan Lender Commitment severally -------------------- agrees to lend to Company on the Closing Date an amount not exceeding its Pro Rata Share of the aggregate amount of the Tranche B Term Loan Commitments to be used for the purposes identified in subsection 2.5A. The amount of each Lender’s Tranche B Term Loan Lender's Tranche B Term Loan Commitment Commitment, as of the Signing Date, is set forth opposite its name on Schedule 2.1 annexed hereto and the ------------ aggregate amount of the Tranche B Term Loan Commitments is $50,000,000300,000,000; provided that the amount of the Tranche B Term Loan Commitments Commitment of Tranche B Term Loan -------- Lenders each Lender shall be adjusted to give effect to any assignments assignment of the such Tranche B Term Loan Commitments Commitment pursuant to subsection 10.1B. Each Tranche B Term Loan Lender's ’s Tranche B Term Loan Commitment shall expire immediately and without further action on the Closing Dateat 4:30 p.m. (New York time), October 30, 2008 if the Tranche B Term Loans are not made on or before that date. Company may make only one borrowing under the Tranche B Term Loan Commitments. Amounts borrowed under this subsection 2.1A(ii) and subsequently repaid or prepaid may not be reborrowed.
Appears in 2 contracts
Sources: Credit Agreement (United Online Inc), Credit Agreement (United Online Inc)
Tranche B Term Loans. Each Lender that has a Tranche B Term Loan Lender Commitment severally -------------------- agrees to lend to Company Borrower on the Closing Date an amount not exceeding its Pro Rata Share of the aggregate amount of the Tranche B Term Loan Commitments to be used for the purposes identified in subsection 2.5A. The amount Borrower shall deliver to Administrative Agent a Notice of each Borrowing no later than 12:00 Noon (New York City time) at least one Business Day prior to the Closing Date, requesting a borrowing of the Tranche B Term Loan Lender's Tranche B Term Loan Commitment is set forth opposite its name on Schedule 2.1 annexed hereto Loans. The Notice of Borrowing shall specify (i) the proposed Funding Date (which shall be a Business Day), and the ------------ (ii) that such Loans shall be Base Rate Loans. The aggregate amount of the Tranche B Term Loan Commitments is $50,000,00045,000,000; provided PROVIDED that the Tranche B Term Loan Commitments of Tranche B Term Loan -------- Lenders shall be adjusted to (1) give effect to any assignments of the Tranche B Term Loan Commitments pursuant to subsection 10.1B. Each 10.1B and (2) any increase in Tranche B Term Loan Loans pursuant to subsection 2.1A(iv). Each Lender's Tranche B Term Loan Commitment shall expire immediately and without further action on the Closing DateMarch 31, 2002 if the Tranche B Term Loans are have not been made on or before that date. Company Subject to subsection 2.1A(iv), Borrower may make only one borrowing under the Tranche B Term Loan Commitments. Amounts 35 borrowed under this subsection 2.1A(ii) and subsequently repaid or prepaid may not be reborrowed.
Appears in 2 contracts
Sources: Credit Agreement (Integrated Defense Technologies Inc), Credit Agreement (Integrated Defense Technologies Inc)
Tranche B Term Loans. Each Lender with a Tranche B Term -------------------- Loan Lender Commitment severally -------------------- agrees to lend to Company one or both Borrowers (on a joint and several basis) on the Closing Date an amount not exceeding its Pro Rata Share of the aggregate amount of the Tranche B Term Loan -------- Commitments to be used for the purposes identified in subsection 2.5A. The amount of each Tranche B Term Loan Lender's Tranche B Term Loan Commitment is set forth opposite its name on Schedule 2.1 annexed hereto and the ------------ aggregate amount ------------ of the Tranche B Term Loan Commitments is $50,000,000135,000,000; provided that the -------- Tranche B Term Loan Commitments of Tranche B Term Loan -------- Lenders shall be adjusted to give effect to any assignments of the Tranche B Term Loan Commitments pursuant to subsection 10.1B. Each Tranche B Term Loan Lender's Tranche B Term Loan Commitment shall expire immediately and without further action on the Closing DateJanuary 15, 1999 if the Tranche B Term Loans are not made on or before that date. Company Each Borrower may make only one borrowing under the Tranche B Term Loan Commitments. The proceeds of each Tranche B Term Loan shall be made available to Borrowers as directed by either of them (with the proceeds to be used by one or both Borrowers as they may determine), it being understood and agreed that Borrowers shall be jointly and severally obligated with respect to each Tranche B Term Loan for the repayment thereof and all amounts owing with respect thereto. Amounts borrowed under this subsection 2.1A(ii) and subsequently repaid or prepaid may not be reborrowed.
Appears in 1 contract
Sources: Credit Agreement (Dominos Pizza Government Services Division Inc)
Tranche B Term Loans. Each Tranche B Term Loan Lender severally -------------------- agrees to lend -------------------- to Company on the Closing Date an amount not exceeding its Pro Rata Share of the aggregate amount of the Tranche B Term Loan Commitments to be used for the purposes identified in subsection 2.5A. The amount of each Tranche B Term Loan Lender's Tranche B Term Loan Commitment is set forth opposite its name on Schedule 2.1 annexed hereto and the ------------ aggregate amount of the Tranche B Term ------------ Loan Commitments Commit ments is $50,000,000225,000,000; provided that the Tranche B Term Loan -------- Commitments of Tranche B Term Loan -------- Lenders shall be adjusted to give effect to any assignments of the Tranche B Term Loan Commitments pursuant to subsection 10.1B. Each Tranche B Term Loan Lender's Tranche B Term Loan Commitment shall expire immediately and without further action on the Closing DateOctober 15, 1997 if the Tranche B Term Loans are not made on or before that date. Company may make only one borrowing under the Tranche B Term Loan Commitments. Amounts 38 borrowed under this subsection 2.1A(ii) and subsequently repaid or prepaid may not be reborrowed.
Appears in 1 contract
Sources: Credit Agreement (Price Communications Wireless Inc)
Tranche B Term Loans. Each Borrower shall deliver to Administrative Agent a Notice of Borrowing no later than 12:00 Noon (New York City time) at least one Business Day prior to the Closing Date, requesting a borrowing of the Tranche B Term Loan Loans. The Notice of Borrowing shall specify (i)the proposed Funding Date (which shall be a Business Day), and (ii)that such Loans shall be Base Rate Loans. Each Lender severally -------------------- agrees to lend to Company Borrower on the Closing Date an amount not exceeding its Pro Rata Share of the aggregate amount of the Tranche B Term Loan Commitments to be used for the purposes identified in subsection 2.5A. The amount of each Tranche B Term Loan Lender's Tranche B Term Loan Commitment is set forth opposite its name on Schedule SCHEDULE 2.1 annexed hereto and the ------------ aggregate amount of the Tranche B Term Loan Commitments is $50,000,00015,000,000; provided PROVIDED that the Tranche B Term Loan Commitments of Tranche B Term Loan -------- Lenders shall be adjusted to give effect to any assignments of the Tranche B Term Loan Commitments pursuant to subsection 10.1B. Each Tranche B Term Loan Lender's Tranche B Term Loan Commitment shall expire immediately and without further action on the Closing DateJanuary 31, 2000 if the Tranche B Term Loans are not made on or before that date. Company Borrower may make only one borrowing under the Tranche B Term Loan Commitments. Amounts borrowed under this subsection 2.1A(ii) and subsequently repaid or prepaid may not be reborrowed.
Appears in 1 contract
Tranche B Term Loans. Immediately prior to the Closing Date, an aggregate principal amount of $13,450,000 in Tranche B Term Loans was outstanding under (and as defined in) the Original Credit Agreement. Each Lender that has a Tranche B Term Loan Lender severally -------------------- Commitment severally, but not jointly, agrees to lend to Company on the Closing Date an amount such that the sum of its Tranche B Term Loans immediately prior to the Closing Date, if any, plus its Tranche B Term Loans on the Closing Date shall not exceeding exceed its Pro Rata Share of the aggregate amount of the Tranche B Term Loan Commitments to be used for the purposes identified in subsection 2.5A. The amount of each Tranche B Term Loan Lender's Tranche B Term Loan Commitment is set forth opposite its name on Schedule 2.1 annexed hereto and the ------------ aggregate amount of the Tranche B Term Loan Commitments is $50,000,00040,000,000; provided that the Tranche B Term Loan Commitments of Tranche B Term Loan -------- Lenders shall be adjusted to give effect to any assignments of the Tranche B Term Loan Commitments pursuant to subsection 10.1B. Each Tranche B Term Loan Lender's Tranche B Term Loan Commitment shall expire immediately and without further action on the Closing Date, if the Tranche B Term Loans are not made on or before that date. Company may make only one borrowing under the Tranche B Term Loan Commitments. Amounts borrowed under this subsection 2.1A(ii) and subsequently repaid or prepaid may not be reborrowed. On and after the Closing Date, Tranche B Term Loans outstanding under (and as defined in) the Original Credit Agreement shall be automatically deemed for all purposes to be Tranche B Term Loans outstanding under this Agreement and shall be subject to all of the terms and conditions of this Agreement and the other Loan Documents.
Appears in 1 contract
Sources: Credit Agreement (PRA International)
Tranche B Term Loans. Each Tranche B Term Loan Lender severally -------------------- agrees to lend to Company on the Third Amendment Closing Date an amount not exceeding its Pro Rata Share of the aggregate amount of the Tranche B Term Loan Commitments to be used for the purposes identified in subsection 2.5A. The amount of each Tranche B Term Loan Lender's Tranche B Term Loan Commitment is set forth opposite its name on Schedule 2.1 annexed hereto and the ------------ aggregate amount of the Tranche B Term Loan Commitments is $50,000,00025,000,000; provided that the Tranche B Term Loan Commitments of the Tranche B Term Loan -------- Lenders shall be adjusted to give effect to any assignments of the Tranche B Term Loan Commitments pursuant to subsection 10.1B. 12.1B. Each Tranche B Term Loan Lender's Tranche B Term Loan Commitment shall expire immediately and without further action on the Closing DateFebruary 11, 2000, if the Tranche B Term Loans are not made on or before that date. Company may make only one borrowing under the Tranche B Term Loan Commitments. Amounts borrowed under this subsection 2.1A(ii2.1A(v) and subsequently repaid or prepaid may not be reborrowed. Tranche B Term Loans shall be available only in Dollars."
Appears in 1 contract
Tranche B Term Loans. Each Tranche B Term Loan Lender severally -------------------- agrees to lend to Company on the Closing Date Borrower an aggregate amount not exceeding its Pro Rata Share of the aggregate amount of the Tranche B Term Loan Commitments to be used for the purposes identified in subsection 2.5A. The amount of each Tranche B Term Loan Lender's Tranche B Term Loan Commitment is set forth opposite its name on Schedule 2.1 annexed hereto and the ------------ aggregate amount of the Tranche B Term Loan Commitments is $50,000,00025,000,000; provided that the Tranche B Term Loan Commitments of Tranche B Term Loan -------- Lenders shall be adjusted to give effect to any assignments of the Tranche B Term Loan Commitments pursuant to subsection 10.1B. Each Tranche B Term Loan Lender's Tranche B Term Loan Commitment shall expire immediately and without further action on the Closing DateJanuary 12, 1997 if the Tranche B Term Loans are not made on or before that date. Company Borrower may make only one borrowing under the Tranche B Term Loan CommitmentsCommitments which borrowing shall be on the earlier to occur of the Seller Notes Maturity Date and the Acquisition Reimbursement Date; provided that, unless no drawing under the Acquisition Letter of Credit has been made and the Acquisition Letter of Credit has been returned to the Issuing Lender and cancelled on or before the Acquisition Reimbursement Date, no Tranche B Term Loans shall be made other than pursuant to subsection 3.3B for the purpose of reimbursing drawings under the Acquisition Letter of Credit. Amounts borrowed under this subsection 2.1A(ii2.1A(iii) and subsequently repaid or prepaid may not be reborrowed.
Appears in 1 contract
Sources: Credit Agreement (CFP Holdings Inc)
Tranche B Term Loans. Each Borrower acknowledges that Tranche B Term Loan Lender severally -------------------- agrees Loans in an aggregate amount equal to lend $40,000,000 were advanced to Company Borrower on the Original Closing Date an amount not exceeding its Pro Rata Share (of the which $37,732,000 remains outstanding). The aggregate amount of the Tranche B Term Loan Commitments shall be increased from $37,732,000 to be used for the purposes identified in subsection 2.5A. The amount of each Tranche B Term Loan Lender's $142,732,000. Each Lender that has a Tranche B Term Loan Commitment is set forth opposite its name on Schedule 2.1 annexed hereto and severally agrees to lend Borrower the ------------ aggregate amount of the such Lender’s unfunded Tranche B Term Loan Commitments is $50,000,000Commitment; provided that the Tranche B Term Loan Commitments of Tranche B Term Loan -------- Lenders shall be adjusted to give effect to any assignments of the Tranche B Term Loan Commitments pursuant to subsection 10.1B. Each Borrower shall deliver to Administrative Agent a Notice of Borrowing no later than 12:00 Noon (New York City time) at least one Business Day prior to the Effective Date, requesting a borrowing of the Tranche B Term Loan Loans. The Notice of Borrowing shall specify (i) the proposed Funding Date (which shall be a Business Day), (ii) the amount of the borrowing, and (iii) that such Loans shall be Base Rate Loans. Each Lender's ’s unfunded Tranche B Term Loan Commitment shall expire immediately and without further action on the Closing Date, Business Day immediately following the Effective Date if the Tranche B Term Loans are have not been made on or before that date. Company Borrower may make only one borrowing two borrowings (on the Original Closing Date and on the Effective Date) under the Tranche B Term Loan CommitmentsCommitment. Amounts borrowed under subsection 2.1A(ii) of the Existing Credit Agreement or under this subsection 2.1A(ii) and subsequently repaid or prepaid may not be reborrowed.
Appears in 1 contract
Tranche B Term Loans. Each Tranche B Term Loan Lender severally -------------------- agrees to lend to Company on the Closing Date an amount not exceeding its Pro Rata Share of the aggregate amount of the Tranche B Term Loan Commitments to be used for the purposes identified in subsection 2.5A. The amount of each Tranche B Term Loan Lender's Tranche B Term Loan Commitment is set forth opposite its name on Schedule 2.1 annexed 2.1annexed hereto and the ------------ aggregate amount of the Tranche B Term Loan Commitments is $50,000,000160,000,000; provided that the Tranche B Term Loan Commitments of Tranche B Term Loan -------- Lenders shall be adjusted to give effect to any assignments of the Tranche B Term Loan Commitments pursuant to subsection 10.1B. Each Tranche B Term Loan Lender's Tranche B Term Loan Commitment shall expire immediately and without further action on the Closing Dateearlier of (x) the date on which the Recapitalization and Merger Agreement is terminated in accordance with Article 10 thereof and (y) June 30, 1996 if the Tranche B initial Term Loans are not made on or before that date. Company may make only one borrowing on the Closing Date under the Tranche B Term Loan Commitments. Amounts borrowed under this subsection 2.1A(ii) and subsequently repaid or prepaid may not be reborrowed.
Appears in 1 contract
Tranche B Term Loans. Each Tranche B Term Loan Lender severally -------------------- agrees to lend to Company on the Closing Date Date, an amount not exceeding its Pro Rata Share of the aggregate amount of the Tranche B Term Loan Commitments to be used for the purposes identified in subsection 2.5A. The amount of each Tranche B Term Loan Lender's Tranche B Term Loan Commitment is set forth opposite its name on Schedule 2.1 annexed hereto and the ------------ aggregate amount of the Tranche B Term Loan Commitments is $50,000,00025,000,000; provided that the Tranche B Term Loan Commitments of the Tranche B Term Loan -------- Lenders shall be adjusted to give effect to any assignments of the Tranche B Term Loan Commitments pursuant to subsection 10.1B. Each Tranche B Term Loan Lender's Tranche B Term Loan Commitment shall expire immediately and without further action on the Closing DateDecember 11, 1997 if the Tranche B Term Loans are not made on or before that date. Company may make only one borrowing under the Tranche B Term Loan Commitments. Amounts borrowed under this subsection 2.1A(ii2.1A(i)(b) and subsequently repaid or prepaid may not be reborrowed.,
Appears in 1 contract
Tranche B Term Loans. Each Lender that has a Tranche B Term Loan Lender Commitment severally -------------------- agrees to lend to Company Borrower on the Closing Date an amount not exceeding its Pro Rata Share of the aggregate amount of the Tranche B Term Loan Commitments to be used for the purposes identified in subsection 2.5A. The amount Borrower shall deliver to Administrative Agent a Notice of each Borrowing no later than 12:00 Noon (New York City time) at least one Business Day prior to the Closing Date, requesting a borrowing of the Tranche B Term Loan Lender's Tranche B Term Loan Commitment is set forth opposite its name on Schedule 2.1 annexed hereto Loans. The Notice of Borrowing shall specify (i) the proposed Funding Date (which shall be a Business Day), and the ------------ (ii) that such Loans shall be Base Rate Loans. The aggregate amount of the Tranche B Term Loan Commitments is $50,000,000; provided PROVIDED that the Tranche B Term Loan Commitments of Tranche B Term Loan -------- Lenders shall be adjusted to give effect to any assignments of the Tranche B Term Loan Commitments pursuant to subsection 10.1B. Each Tranche B Term Loan Lender's Tranche B Term Loan Commitment shall expire immediately and without further action on the Closing DateJune 30, 2001 if the Tranche B Term Loans are have not been made on or before that date. Company Borrower may make only one borrowing under the Tranche B Term Loan Commitments. Amounts borrowed under this subsection 2.1A(ii) and subsequently repaid or prepaid may not be reborrowed.
Appears in 1 contract
Tranche B Term Loans. Each Lender with a Tranche B Term Loan Lender Commitment severally -------------------- agrees to lend to Company one or both Borrowers (on a joint and several basis) on the Closing Date an amount not exceeding its Pro Rata Share of the aggregate amount of the Tranche B Term Loan Commitments to be used for the purposes identified in subsection 2.5A. The amount of each Tranche B Term Loan Lender's Tranche B Term Loan Commitment is set forth opposite its name on Schedule 2.1 annexed hereto and the ------------ aggregate amount of the Tranche B Term Loan Commitments is $50,000,000365,000,000; provided that the Tranche B Term Loan Commitments of Tranche B Term Loan -------- Lenders shall be adjusted to give effect to any assignments of the Tranche B Term Loan Commitments pursuant to subsection 10.1B. Each Tranche B Term Loan Lender's Tranche B Term Loan Commitment shall expire immediately and without further action on the Closing DateAugust 31, 2002 if the Tranche B Term Loans are not made on or before that date. Company Each Borrower may make only one borrowing under the Tranche B Term Loan Commitments. The proceeds of each Tranche B Term Loan shall be made available to Borrowers as directed by either of them (with the proceeds to be used by one or both Borrowers as they may determine), it being understood and agreed that Borrowers shall be jointly and severally obligated with respect to each Tranche B Term Loan for the repayment thereof and all amounts owing with respect thereto. Amounts borrowed under this subsection 2.1A(ii2.1A(i) and subsequently repaid or prepaid may not be reborrowed.
Appears in 1 contract
Sources: Credit Agreement (Dominos Inc)
Tranche B Term Loans. Each Tranche B Term Loan Lender severally -------------------- agrees to lend to Company on the Closing Date an amount not exceeding its Pro Rata Share of the aggregate amount of the Tranche B Term Loan Commitments to be used for the purposes identified in subsection 2.5A. The amount of each Tranche B Term Loan Lender's Tranche B Term Loan Commitment is set forth opposite its name on Schedule SCHEDULE 2.1 annexed hereto and the ------------ aggregate amount of the Tranche B Term Loan Commitments is $50,000,00045,000,000; provided PROVIDED that the Tranche B Term Loan Commitments of Tranche B Term Loan -------- Lenders shall be adjusted to give effect to any assignments of the Tranche B Term Loan Commitments pursuant to subsection 10.1B. Each Tranche B Term Loan Lender's Tranche B Term Loan Commitment shall expire immediately and without further action on the Closing Dateearlier of (i) October 31, 1998, if the Tranche B Term Loans are not made on or before that datedate and (ii) at the close of business on the Closing Date. Company may make only one borrowing under the Tranche B Term Loan Commitments. Amounts borrowed under this subsection 2.1A(ii) and subsequently repaid or prepaid may not be reborrowed.
Appears in 1 contract
Tranche B Term Loans. Each Tranche B Term Loan Lender severally -------------------- agrees to lend to -------------------- Company on the Closing Date an amount not exceeding its Pro Rata Share of the aggregate amount of the Tranche B Term Loan Commitments to be used for the purposes identified in subsection 2.5A. The amount of each Tranche B Term Loan Lender's Tranche B Term Loan Commitment is set forth opposite its name on Schedule -------- 2.1 annexed hereto and the ------------ aggregate amount of the Tranche B Term Loan --- Commitments is $50,000,000100,000,000; provided that the Tranche B Term Loan -------- Commitments of Tranche B Term Loan -------- Lenders shall be adjusted to give effect to any assignments of the Tranche B Term Loan Commitments pursuant to subsection 10.1B. Each Tranche B Term Loan Lender's Tranche B Term Loan Commitment shall expire immediately and without further action on the Closing DateSeptember 30, 1999 if the Tranche B Term Loans are not made on or before that date. Company may make only one borrowing under the Tranche B Term Loan Commitments. Amounts borrowed under this subsection 2.1A(ii) and subsequently repaid or prepaid may not be reborrowed.
Appears in 1 contract
Sources: Credit Agreement (Urs Corp /New/)
Tranche B Term Loans. Each Lender having a Tranche B Term Loan Lender Commitment severally -------------------- agrees to lend to Company Borrowers in one disbursement on the Restatement Closing Date an amount not exceeding its Pro Rata Share of the aggregate amount of the Tranche B Term Loan Commitments Commitments, to be used for the purposes identified in subsection 2.5A. 2.5A(ii). The amount of each Tranche B Term Loan Lender's Tranche B Term Loan Commitment is set forth opposite its name on Schedule 2.1 annexed hereto and the ------------ aggregate amount of the Tranche B Term Loan Commitments as of the Restatement Closing Date is $50,000,000; provided that the Tranche B Term Loan Commitments of Tranche B Term Loan -------- Lenders shall be adjusted to give effect to any assignments of the Tranche B Term Loan Commitments pursuant to subsection 10.1B. Each 10.1B; and provided further that the amount of the Tranche B Term Loan Commitments shall be reduced from time to time by the amount of any reductions thereto made pursuant to subsections 2.4B(ii) and 2.4B(iii). Each Lender's Tranche B Term Loan Commitment shall expire immediately and without further action on the Closing Date, if when the Tranche B Term Loans are not made on or before that date. Company may make only one borrowing under the Tranche B Term Loan CommitmentsRestatement Closing Date. Amounts borrowed under this subsection 2.1A(ii2.1A(iii) and subsequently repaid or prepaid may not be reborrowed.
Appears in 1 contract
Tranche B Term Loans. Each Lender that has a Tranche B Term Loan Lender Commitment severally -------------------- agrees to lend to Company on the Closing Date an amount not exceeding its Pro Rata Share of the aggregate amount of the Tranche B Term Loan Commitments to be used for the purposes identified in subsection 2.5A. 2.6A. The amount of each Tranche B Term Loan Lender's ’s Tranche B Term Loan Commitment is shall be set forth opposite its name in the Register on Schedule 2.1 annexed hereto the Closing Date and the ------------ aggregate amount of the Tranche B Term Loan Commitments is $50,000,000260,000,000; provided that the amount of the Tranche B Term Loan Commitments Commitment of Tranche B Term Loan -------- Lenders each Lender shall be adjusted to give effect to any assignments assignment of the such Tranche B Term Loan Commitments Commitment pursuant to subsection 10.1B. Each Tranche B Term Loan Lender's ’s Tranche B Term Loan Commitment shall expire immediately and without further action at the close of business in New York City on the Closing DateFebruary 15, 2006 if the Tranche B Term Loans are not made on or before that date. Company may make only one borrowing under the Tranche B Term Loan Commitments. Amounts borrowed under this subsection 2.1A(ii2.1A(i) and subsequently repaid or prepaid may not be reborrowed.
Appears in 1 contract
Tranche B Term Loans. Each (a) On the Effective Date, each Lender then holding a Tranche B Term Loan Commitment as of such date made a Tranche B Term Loan in an amount equal to such Lender's Tranche B Term Loan Commitment as set forth in Schedule A to this Agreement.
(b) On the First Amendment Closing Date, each Lender holding a Supplemental Tranche B Term Loan Commitment severally -------------------- agrees to lend to Company on the Closing Date an aggregate amount not exceeding its Pro Rata Share of the aggregate amount of the Supplemental Tranche B Term Loan Commitments to be used for the purposes identified in subsection 2.5A. 2.5C. The amount of each Tranche B Term Loan Lender's Supplemental Tranche B Term Loan Commitment is set forth opposite its name on Schedule 2.1 annexed hereto A to the First Amendment and the ------------ aggregate amount of the Supplemental Tranche B Term Loan Commitments is $50,000,00025,000,000; provided that the Supplemental Tranche B -------- Term Loan Commitments of Tranche B Term Loan -------- Lenders shall be adjusted to give effect to any assignments of the Supplemental Tranche B Term Loan Commitments pursuant to subsection 10.1B. Each Tranche B Term Loan Lender's Supplemental Tranche B Term Loan Commitment shall expire immediately and without further action on the First Amendment Closing Date, Date if the Supplemental Tranche B Term Loans are not made on or before that date. Company may make only one borrowing under the Supplemental Tranche B Term Loan Commitments. Amounts Any amount borrowed under this subsection 2.1A(iiSubsection 2.1A.(iii) and subsequently repaid or prepaid may not be reborrowed."
Appears in 1 contract
Tranche B Term Loans. Each Tranche B Term Loan Lender severally -------------------- agrees to lend to Company on the Closing Initial Funding Date an amount not exceeding its Pro Rata Share of the aggregate amount of the Tranche B Term Loan Commitments to be used for the purposes identified in subsection 2.5A. The amount of each Tranche B Term Loan Lender's Tranche B Term Loan Commitment is set forth opposite its name on Schedule 2.1 annexed hereto and the ------------ aggregate amount of the Tranche B Term Loan Commitments is $50,000,000125,000,000; provided that the Tranche B Term Loan Commitments of Tranche B Term Loan -------- Lenders shall be adjusted to give effect to (a) any Tranche B Term Loan increases pursuant to subsection 2.1A(iv) and (b) any assignments of the Tranche B Term Loan Commitments pursuant to subsection 10.1B. Each Tranche B Term Loan Lender's Tranche B Term Loan Commitment shall expire immediately and without further action on the Closing DateDecember 1, 1999, if Tranche B Term Loans in the full amount of the Tranche B Term Loans are Loan Commitments (without taking account of any increase permitted under subsection 2.1A(iv))are not made on or before that date. Except as permitted by subsection 2.1A(iv), Company may make only one borrowing under the Tranche B Term Loan Commitments. Amounts borrowed under this subsection 2.1A(ii2.1A(i) and subsequently repaid or prepaid may not be reborrowed.
Appears in 1 contract