Common use of Amount and Terms of Credit Clause in Contracts

Amount and Terms of Credit. 15 SECTION 2.1. AMOUNT AND NATURE OF CREDIT...........................................................15 SECTION 2.2. CONDITIONS TO LOANS AND LETTERS OF CREDIT.............................................19 SECTION 2.3. PAYMENT ON NOTES, ETC. ..............................................................20 SECTION 2.4. PREPAYMENT............................................................................21 SECTION 2.5. COMMITMENT AND OTHER FEES; REDUCTION OF COMMITMENT................................................................22 SECTION 2.6. COMPUTATION OF INTEREST AND FEES; DEFAULT RATE.........................................................................22 SECTION 2.7. MANDATORY PAYMENT.....................................................................23

Appears in 1 contract

Samples: Assignment and Acceptance Agreement (Oglebay Norton Co)

AutoNDA by SimpleDocs

Amount and Terms of Credit. 15 20 SECTION 2.1. 2.1 AMOUNT AND NATURE OF CREDIT...........................................................15 ......................................................... 20 SECTION 2.2. 2.2 CONDITIONS TO LOANS AND LETTERS OF CREDIT.............................................19 ........................................... 24 SECTION 2.3. 2.3 PAYMENT ON NOTES, ETC. ..............................................................20 ............................................................... 25 SECTION 2.4. 2.4 PREPAYMENT............................................................................21 .......................................................................... 26 SECTION 2.5. 2.5 COMMITMENT AND OTHER FEES; REDUCTION OF COMMITMENT................................................................22 .................................. 27 SECTION 2.6. 2.6 COMPUTATION OF INTEREST AND FEES; DEFAULT RATE.........................................................................22 ...................................... 27 SECTION 2.7. MANDATORY PAYMENT.....................................................................23

Appears in 1 contract

Samples: Assignment and Acceptance Agreement (Oglebay Norton Co /New/)

Amount and Terms of Credit. 15 27.28 SECTION 2.1. 2.1 AMOUNT AND NATURE OF CREDIT...........................................................15 CREDIT ............................................... 2728 SECTION 2.2. 2.2 CONDITIONS TO LOANS AND LETTERS OF CREDIT.............................................19 CREDIT .................. 3334 SECTION 2.3. 2.3 PAYMENT ON NOTES, ETC. ..............................................................20 ETC ............................................................... 3435 SECTION 2.4. PREPAYMENT............................................................................21 2.4 PREPAYMENT ...................................................................................... 3436 SECTION 2.5. 2.5 COMMITMENT AND OTHER FEES; REDUCTION OF COMMITMENT................................................................22 COMMITMENT ..................................................................................... 3536 SECTION 2.6. 2.6 COMPUTATION OF INTEREST AND FEES; DEFAULT RATE.........................................................................22 RATE ...... 3638 SECTION 2.7. MANDATORY PAYMENT.....................................................................23

Appears in 1 contract

Samples: Credit Agreement (Davey Tree Expert Co)

Amount and Terms of Credit. 15 13 SECTION 2.1. AMOUNT AND NATURE OF CREDIT...........................................................15 Amount and Nature of Credit............................ 13 SECTION 2.2. CONDITIONS TO LOANS AND LETTERS OF CREDIT.............................................19 Conditions to Loans.................................... 14 SECTION 2.3. PAYMENT ON NOTESPayment on Note, ETC. ..............................................................20 Etc................................... 15 SECTION 2.4. PREPAYMENT............................................................................21 Prepayment............................................. 15 SECTION 2.5. COMMITMENT AND OTHER FEESFees; REDUCTION OF COMMITMENT................................................................22 Reduction of Revolving Commitment................ 15 SECTION 2.6. COMPUTATION OF INTEREST AND FEESComputation of Interest and Fees; DEFAULT RATE.........................................................................22 Default Rate......... 16 SECTION 2.7. MANDATORY PAYMENT.....................................................................23.

Appears in 1 contract

Samples: Credit Agreement (Dialysis Corp of America)

AutoNDA by SimpleDocs

Amount and Terms of Credit. 15 SECTION Section 2.1. AMOUNT AND NATURE OF CREDIT...........................................................CREDIT ........................ 15 SECTION Section 2.2. CONDITIONS TO EXIM LOANS AND LETTERS OF CREDIT.............................................19 SECTION ........................... 16 Section 2.3. PAYMENT ON NOTES, ETC. ..............................................................20 SECTION ETC .............................. 17 Section 2.4. PREPAYMENT............................................................................21 SECTION PREPAYMENT ......................................... 18 Section 2.5. COMMITMENT FACILITY AND OTHER FEES; FEES ............................ 19 Section 2.6. REDUCTION OF COMMITMENT................................................................22 SECTION 2.6EXIM COMMITMENT ....................... 19 Section 2.7. COMPUTATION OF INTEREST AND FEES; : DEFAULT RATE.........................................................................22 SECTION 2.7RATE ............................................... 19 Section 2.8. MANDATORY PAYMENT.....................................................................23PAYMENT .................................. 20

Appears in 1 contract

Samples: Export Credit Agreement (Advanced Lighting Technologies Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.