Tranche C Commitment Sample Clauses

Tranche C Commitment. From time to time on any Business Day during the period from and after the Effective Date to the earlier to occur of (x) Tranche C Availability Termination Date, and (y) any Commitment Termination Date relating to all Commitments or to the Tranche C Commitment, each Lender will make Tranche C Loans to the Borrowers equal to the aggregate amount of the Tranche C Loan requested by the Borrowers to be made on such day in the applicable Borrowing Request therefor. The Borrowers acknowledge that, on the Unified Closing Date, and subject to the satisfaction of each of the conditions precedent set forth in Section 6.1, the outstanding principal amount of all Loans (as defined in the Existing Agreement) set forth in Section 2.1.1 plus accrued and unpaid interest as well as certain fees and expenses, will be divided into a single Tranche C Loan in the original principal amount of $5,000,000.00 and a single Tranche A Loan in the original principal amount not to exceed $18,500,000, and any excess balance of such existing Loans shall become a Tranche B Loan.

Tranche C Commitment. Upon the expiration of the Tranche C -------------------- Commitment Period, the Tranche C Commitments shall automatically, without action by the Company or any Purchaser, be reduced to zero; provided, that nothing contained in this Section 2.05(c) shall prevent the Company from requiring Purchasers to purchase Tranche C Notes (to the extent Purchasers would otherwise be required to do so under this Agreement) in respect of Approved Acquisitions consummated during the Tranche C Commitment Period on the Residual Tranche Closing Date.

Tranche C Commitment. Subject to the terms and conditions of this Credit Agreement, the Tranche C Lender agrees to make available to the Borrower revolving credit loans requested by the Borrower in Dollars ("Tranche C Loans") from time to time from the Amendment No. 5 Effective Date until the Maturity Date, or such earlier date as the Tranche C Commitment shall have been terminated as provided herein; provided, however, that the sum of the aggregate principal amount of outstanding Tranche C Loans shall not exceed TWELVE MILLION DOLLARS ($12,000,000) (as such aggregate maximum amount may be increased or reduced from time to time as provided in Section 2.6(d), the "Tranche C Committed Amount"). Tranche C Loans may consist of Base Rate Loans or Eurodollar Loans, or a combination thereof, as the Borrower may request; provided, however, that no more than 5 Eurodollar Loans which are Tranche C Loans shall be outstanding hereunder at any time (it being understood that, for purposes hereof, Eurodollar Loans with different Interest Periods shall be considered as separate Eurodollar Loans, even if they begin on the same date, although borrowings, extensions and conversions may, in accordance with the provisions hereof, be combined at the end of existing Interest Periods to constitute a new Eurodollar Loan with a single Interest Period. Tranche C Loans hereunder may be repaid and reborrowed in accordance with the provisions hereof.

Tranche C Commitment. On and subject to the terms and conditions of this Agreement (including Section 3), each of the Canadian Lenders, severally and for itself alone, from time to time during the period commencing on the Canadian Acquisition Date and ending on the Commitment Termination Date agrees to (a) make loans to the Canadian Borrower on a revolving basis (the "Tranche C Loans") in such Canadian Lender's Canadian Percentage of such aggregate amount as the Canadian Borrower may from time to time request from all Canadian Lenders under the Tranche C Commitment, provided that the aggregate principal amount of all Tranche C Loans which all Canadian Lenders shall be committed to have outstanding at any one time shall not exceed an amount equal to (i) the aggregate amount of the Tranche C Commitment minus (ii) the face amount of all outstanding Tranche C Acceptances; and (b) to create bankers acceptances for the account of the Canadian Borrower (the "Tranche C Acceptances") in such Canadian 39 Lender's Canadian Percentage of the aggregate face amount of Tranche C Acceptances requested by the Canadian Borrower to be created on such day, provided that the aggregate face amount of all Tranche C Acceptances which all Canadian Lenders shall be committed to create at any one time shall not exceed an amount equal to (i) the aggregate amount of the Tranche C Commitment minus (ii) the aggregate principal amount of all outstanding Tranche C Loans.

Tranche C Commitment. Pursuant to the Original Loan Agreement, Lenders agreed to make available one or more term loans in an aggregate principal amount of up to Ten Million Dollars ($10,000,000) (the “Tranche C Commitment”). The Tranche C Commitment expired and no advances were made pursuant thereto.

Tranche C Commitment. Subject to the terms and conditions of this Loan Agreement, Lenders agree to advance to Borrowers (the “Tranche C Advances”, and together with the Tranche A Advances and Tranche B Advances, the “Advances”), jointly and severally, from time to time on or prior to March 31, 2009, one or more term loans in an aggregate principal amount of up to Ten Million Dollars ($10,000,000) (the “Tranche C Commitment”).