Common use of Amounts of Term Loans Clause in Contracts

Amounts of Term Loans. Each 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 Lender’s Pro Rata Share of the Term Loan Amount. The Term Loans shall initially be Base Rate Term Loans.

Appears in 1 contract

Samples: Credit Agreement (Caraustar Industries Inc)

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Amounts of Term Loans. Each 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 Borrower on the Closing Date, upon the satisfaction of the conditions precedent set forth in Article 8, in an amount equal to such Lender’s 's Pro Rata Share of the Term Loan Amount$35,000,000. The Term Loans shall initially be Base Rate Term Loans.

Appears in 1 contract

Samples: Credit Agreement (Anchor Holdings Inc)

Amounts of Term Loans. Each 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 Borrower on the Closing Date, upon the satisfaction of the conditions precedent set forth in Article 810, in an amount equal to such Lender’s 's Pro Rata Share of the Term Loan Amount$13,500,000. The Term Loans shall initially be Base Rate Term Loans.

Appears in 1 contract

Samples: Loan and Security Agreement (Centrum Industries Inc)

Amounts of Term Loans. Each 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 Borrower on the Closing Date, upon the satisfaction of the applicable conditions precedent set forth in Article 810, in an amount equal to such Lender’s 's Pro Rata Share of the Term Loan Amount$25,000,000. The Term Loans shall initially be Base Rate Term Loans.

Appears in 1 contract

Samples: Loan and Security Agreement (Sweetheart Holdings Inc \De\)

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Amounts of Term Loans. Each 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 Borrower on the Closing Date, upon the satisfaction of the conditions precedent set forth in Article 8ARTICLE 8 (Conditions of Lending), in an amount equal to such Lender’s 's Pro Rata Share (based on such Lender's Pro Rata Share of the Term Loan AmountCommitments) of $9,000,000. The Term Loans shall initially be Base Rate Term Loans.

Appears in 1 contract

Samples: Credit Agreement (Weston Roy F Inc)

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