Common use of Amounts and Terms of Commitment Clause in Contracts

Amounts and Terms of Commitment. Bank agrees to make available to the Borrowers, including the Parent, from the Effective Date until the fifth anniversary of the date hereof or until such earlier date on which the Bank terminates the Commitment pursuant to Section 8.02(a) or the Parent terminates the Commitment pursuant to Section 2.05(a) (the "Termination Date"), committed funds in an aggregate amount of $55,000,000 at any time outstanding (subject to reduction pursuant to Section 2.05(a)) on the terms and conditions set forth in this Agreement, as follows:

Appears in 2 contracts

Samples: Credit Agreement (Brinks Co), Credit Agreement (Brinks Co)

AutoNDA by SimpleDocs

Amounts and Terms of Commitment. Bank agrees to make available to the BorrowersBorrowers from December 22, including the Parent2006 through (and including) April 15, from the Effective Date until the fifth anniversary of the date hereof 2008 or until such earlier date on which the Bank terminates the Commitment pursuant to Section 8.02(a) or the Parent terminates the Commitment pursuant to Section 2.05(a) (the "Termination Date"), committed funds in an aggregate amount of $55,000,000 50,000,000 at any time outstanding (subject to reduction pursuant to Section 2.05(a)) on the terms and conditions set forth in this Agreement, as follows:

Appears in 1 contract

Samples: Credit Agreement (Brinks Co)

AutoNDA by SimpleDocs

Amounts and Terms of Commitment. Bank agrees to make available to the BorrowersBorrowers from December 22, including the Parent2006 until December 22, from the Effective Date until the fifth anniversary of the date hereof 2011 or until such earlier date on which the Bank terminates the Commitment pursuant to Section 8.02(a) or the Parent terminates the Commitment pursuant to Section 2.05(a) (the "Termination Date"), committed funds in an aggregate amount of $55,000,000 40,000,000 at any time outstanding (subject to reduction pursuant to Section 2.05(a)) on the terms and conditions set forth in this Agreement, as follows:

Appears in 1 contract

Samples: Credit Agreement (Brinks Co)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!