Common use of Term Loan Commitment Clause in Contracts

Term Loan Commitment. Each Lender with a Term Loan Commitment agrees to make a loan to the Company (each such loan, a “Term Loan”) on the Closing Date in such Lender’s Pro Rata Share of the Term Loan Commitment. The Commitments of the Lenders to make Term Loans shall expire concurrently with the making of the Term Loans on the Closing Date.

Appears in 3 contracts

Samples: Guaranty and Collateral Agreement (Sei Investments Co), Credit Agreement (Huttig Building Products Inc), Credit Agreement (Cpi Corp)

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Term Loan Commitment. Each Lender with a Term Loan Commitment agrees to make a term loan to Borrower (the Company (each such loan, a “Term Loan”) on in the Closing Date in such amount of each Lender’s Pro Rata Share of the Term Loan Commitment. The Commitments of the Lenders to make the Term Loans Loan shall expire concurrently with the making of the Term Loans Loan on the First Amendment Closing Date.

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement (Primoris Services Corp)

Term Loan Commitment. Each Lender with a Term Loan Commitment agrees to make a loan to the Company (each such loan, a “Term Loan” and collectively, the “Term Loans”) on the Closing Date in such Lender’s Pro Rata Share of the Term Loan Commitment. The Commitments of the Lenders to make Term Loans shall expire concurrently with the making of the Term Loans on the Closing Date.

Appears in 1 contract

Samples: Credit Agreement (KapStone Paper & Packaging CORP)

Term Loan Commitment. Each Lender with a Term Loan Commitment agrees to make a loan to the Company (each such loan, a "Term Loan") on the Closing Date in such Lender’s 's Pro Rata Share of the Aggregate Term Loan Commitment. The Commitments of the Lenders to make Term Loans shall expire concurrently with immediately following the making funding of the Term Loans on the Closing Date.

Appears in 1 contract

Samples: Credit Agreement (Ennis, Inc.)

Term Loan Commitment. Each Lender Bank with a Term Loan Commitment agrees to make a loan to the Company (each such loan, a “Term Loan”) on the Closing Date in the amount of such LenderBank’s Pro Rata Share of the Term Loan Commitment. The Commitments of the Lenders Banks to make Term Loans shall expire concurrently with the making of the Term Loans on the Closing Date.

Appears in 1 contract

Samples: Credit Agreement (Nashua Corp)

Term Loan Commitment. Each Lender Bank with a Term Loan Commitment agrees to make a loan to the Company (each such loan, a "Term Loan") on the Closing Date in the amount of such Lender’s Pro Rata Share of the Bank's Term Loan Commitment. The Commitments of the Lenders Banks to make Term Loans shall expire concurrently with the making of the Term Loans on the Closing Date.

Appears in 1 contract

Samples: Credit Agreement (Nashua Corp)

Term Loan Commitment. Each Lender with a Term Loan Commitment agrees to make a loan to the Company Borrowers (each such loan, a "Term Loan") on the Closing Restatement Date in such Lender’s 's Pro Rata Share of the Term Loan Commitment. The Commitments of the Lenders to make Term Loans shall expire concurrently with the making of the Term Loans on the Closing Restatement Date.

Appears in 1 contract

Samples: Credit Agreement (Reinhold Industries Inc/De/)

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Term Loan Commitment. Each Lender with a Term Loan Commitment Lender agrees to make a loan participate in the making of the Term Loan to the Company (each such loan, a “Term Loan”) Borrower on the Closing Date in the amount of such Lender’s Pro Rata Share of the Term Loan Commitment. The Commitments Commitment of the Lenders to make the Term Loans Loan shall expire concurrently with the making of the Term Loans Loan on the Closing Date.

Appears in 1 contract

Samples: Credit Agreement (Net Perceptions Inc)

Term Loan Commitment. Each Lender with a Term Loan Commitment severally agrees to make a loan to Borrowers in Dollars (the Company (each such loan, a “Term Loan”) on the Closing Effective Date in the amount of such Lender’s Pro Rata Share of the Term Loan Commitment. The Commitments of the Lenders to make Term Loans shall expire concurrently with the making of the Term Loans Loan on the Closing Effective Date.

Appears in 1 contract

Samples: Credit Agreement (Hc2 Holdings, Inc.)

Term Loan Commitment. Each Lender with a Term Loan Commitment agrees to make a loan to the Company (each such loancollectively, a the “Term Loan”) on the Closing Date in such Lender’s Pro Rata Share of the Term Loan Commitment. The Commitments of the Lenders to make Term Loans shall expire concurrently with the making of the Term Loans on the Closing Date.

Appears in 1 contract

Samples: Credit Agreement (Continental Materials Corp)

Term Loan Commitment. Each Lender with a Term Loan Commitment agrees to make a loan loans from time to time (all such loans collectively being the Company (each such loan, a “Term Loan”) on the Closing Date in such Lender’s Pro Rata Share of the Term Loan Commitment. The Commitments of the Lenders to make Term Loans shall expire concurrently with the making of the Term Loans on the Closing DateDecember 28, 2009.

Appears in 1 contract

Samples: Credit Agreement (American Railcar Industries, Inc.)

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