Common use of Amounts of Term Loans Clause in Contracts

Amounts of Term Loans. Each Term Lender severally agrees to make a term loan (any such term loan being referred to as a “Term Loan” and such term loans being referred to collectively as the “Term Loans”) to the Borrowers on the Closing Date, upon the satisfaction of the conditions precedent set forth in Article 8, in an amount equal to such Term Lender’s Term Loan Commitment.

Appears in 1 contract

Samples: Credit Agreement (Manufacturers Services LTD)

AutoNDA by SimpleDocs

Amounts of Term Loans. Each Term Lender severally agrees to make a term loan (any such term loan being referred to as a "Loan" or "Term Loan" and such term loans being referred to collectively as the "Loans" or "Term Loans") to the Borrowers on the Closing Date, upon the satisfaction of the conditions precedent set forth in Article 8, in an amount equal to such Term Lender’s 's Term Loan Commitment.

Appears in 1 contract

Samples: Credit Agreement (Foamex International Inc)

Amounts of Term Loans. Each Term Lender severally agrees to make a term loan (any such term loan being referred to as a "Term Loan" and such term loans being referred to collectively as the "Term Loans") to the Borrowers on the Closing Date, upon the satisfaction of the conditions precedent set forth in Article 8, in an amount equal to such Term Lender’s Pro Rata Share of $8,000,000. The Term Loan CommitmentLoans shall initially be Base Rate Term Loans.

Appears in 1 contract

Samples: Credit Agreement (Miller Industries Inc /Tn/)

Amounts of Term Loans. (i) Each Term Lender severally agrees to make a term loan (any such term loan being referred to as a "Loan" or a "Term Loan" and such term loans being referred to collectively as the "Loans" or "Term Loans") to the Borrowers on the Closing Date, upon the satisfaction of the conditions precedent set forth in Article 88 and subject to the Interim Financing Order and the Final Financing Order, in an amount equal to such Term Lender’s 's Term Loan Commitment.

Appears in 1 contract

Samples: Possession Credit Agreement (Foamex L P)

AutoNDA by SimpleDocs

Amounts of Term Loans. Each Term Lender severally agrees to make a term loan (any such term loan being referred to as a "Term Loan" and such term loans being referred to collectively as the "Term Loans") to the Borrowers on the Closing Date, upon the satisfaction of the conditions precedent set forth in Article 8, in an amount equal to such Term Lender’s 's Term Loan Commitment. The Term Loans shall initially be Base Rate Term Loans.

Appears in 1 contract

Samples: Credit Agreement (Foamex International Inc)

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