Adjustment of Loan Amounts Sample Clauses

Adjustment of Loan Amounts. 93 SCHEDULES AND EXHIBITS SCHEDULES I Term and Revolving Commitments II Amortization of Term Loans 3.1 Organization and Capitalization 3.5 Properties 3.11 Intellectual Property 3.19 Material Agreements EXHIBITS A Form of Term Note B Form of Revolving Note C Form of Notice of Borrowing D Form of Notice of Conversion/Continuation E Assignment and Assumption Agreement F Borrower U.S. Legal Opinion SECOND AMENDED AND RESTATED CREDIT AGREEMENT This SECOND AMENDED AND RESTATED CREDIT AGREEMENT dated as of February 25, 1999 is among LODGENET ENTERTAINMENT CORPORATION, a Delaware corporation (the "BORROWER"), the Lenders (as defined in Article 1), NATIONAL WESTMINSTER BANK PLC, a United Kingdom public limited company, as administrative agent for the Lenders (in such capacity, the "ADMINISTRATIVE AGENT"), and BANKBOSTON, N.A. and XXXXXX XXXXXXX SENIOR FUNDING, INC., as Syndication Agents.
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Adjustment of Loan Amounts. In order to effect the foregoing, the Lenders shall, on the Closing Date, make appropriate adjustments among themselves in order that the amount of Loans outstanding to the Borrower from any Lender under this Agreement is, in principal amount (as of the Closing Date), in the same proportion to the outstanding aggregate principal amount of all Loans that such Lender's Commitment bears to the Aggregate Commitment, after giving effect to the resignation of the Resigning Lenders from the Lender group, the addition of the New Lenders to the Lender group, and the increase in the Aggregate Commitment. All references in this Agreement, the Loan Documents and all other instruments, documents and agreements executed and delivered pursuant to any of the foregoing, to "Commitment Percentage", "the ratable benefit of the Lenders", "pro rata", or terms of similar effect shall be deemed to refer to the ratable interests of the Lenders, as their respective pro rata interests shall be adjusted to reflect the changes in the Commitments of each of the Lenders as set forth on Schedule I hereto. The Borrower and each of the other Loan Parties agrees and consents to the terms of this Article 11.

Related to Adjustment of Loan Amounts

  • Optional Prepayment of Loans; Reimbursement of Lenders (a) The Borrowers shall have the right at any time and from time to time to prepay outstanding Revolving Loans in whole or in part, (x) with respect to LIBO Loans, upon at least two (2) Business Days’ prior written, telex or facsimile notice to the Administrative Agent prior to 11:00 a.m., Boston time, and (y) with respect to Prime Rate Loans, on any Business Day if written, telex or facsimile notice is received by the Administrative Agent prior to 1:00 p.m., Boston time, subject to the following limitations:

  • PAYMENT OF LOAN FEE Borrower shall pay Bank a fee in the amount of Eleven Thousand Two Hundred Fifty Dollars ($11,250) ("Loan Fee") plus all out-of-pocket expenses.

  • Notification of Advances, Interest Rates, Prepayments and Commitment Reductions Promptly after receipt thereof, the Agent will notify each Lender of the contents of each Aggregate Commitment reduction notice, Borrowing Notice, Conversion/Continuation Notice, and repayment notice received by it hereunder. The Agent will notify each Lender of the interest rate applicable to each Eurodollar Advance promptly upon determination of such interest rate and will give each Lender prompt notice of each change in the Alternate Base Rate.

  • Payment of Loans The Borrower shall punctually pay the principal and interest on the Loans, and all other sums falling due hereunder or under any other documents executed in connection with the Loans, in accordance with the terms hereof and thereof.

  • Reduction of Commitment Prepayment of Loans Section 2.05 of the Financing Agreement is hereby amended as follows:

  • Notes; Repayment of Loans (a) All Revolving Credit Loans made by a Lender to the Borrowers shall be evidenced by a single Revolving Credit Note, duly executed on behalf of the Borrowers, dated the Closing Date, in substantially the form of EXHIBIT B annexed hereto, delivered and payable to such Lender in a principal amount equal to its Revolving Credit Commitment on such date. The outstanding balance of each Revolving Credit Loan, as evidenced by any such Revolving Credit Note, shall mature and be due and payable on the Revolving Credit Termination Date if such date occurs earlier than the Conversion Date or, subject to the terms and conditions of this Agreement, including, without limitation, that no Default or Event of Default shall then exist, shall be converted to a Term Loan on the Conversion Date. The Term Loan made by a Lender on the Conversion Date shall be evidenced by a single Term Note, duly executed on behalf of the Borrowers, dated the Conversion Date, in substantially the form of EXHIBIT A annexed hereto, delivered and payable to such Lender in a principal amount equal to its PRO RATA share (based on its Revolving Credit Commitment) of the Revolving Credit Loans being converted on such date; PROVIDED, HOWEVER, that the failure of the Borrowers to deliver Term Notes pursuant to the provisions of this Section shall not affect the liability of the Borrowers to repay the amount of Revolving Credit Loans being converted.

  • Payment of Loan 1. The Loan Issuing Account The borrower shall open the following loan account with the lender through which the loan issuance and payment shall be handled. Account Name: Shengfeng Logistics Group Co., Ltd Account Number: **********

  • Prepayment of Loans (a) The Borrower shall have the right at any time and from time to time to prepay any Borrowing in whole or in part, subject to prior notice in accordance with paragraph (b) of this Section.

  • Repayment of Loans (a) The Borrower shall repay to the Lenders on the Maturity Date the aggregate principal amount of Committed Loans outstanding on such date.

  • Prepayment of Loan Section 10.1 Options to Prepay Loan 28 Section 10.2 Additional Option to Prepay Loan 29 Section 10.3 Obligations to Prepay Loan 29 Section 10.4 Notice of Prepayment; Redemption Procedures 31 Section 10.5 Relative Position of this Article and Indenture 31 Section 10.6 Concurrent Discharge of First Mortgage Bonds 31 ARTICLE XI

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