Common use of BACKGROUND STATEMENT Clause in Contracts

BACKGROUND STATEMENT. The Borrower has requested that the Lenders make available to the Borrower term loan facilities in the aggregate principal amount of $100,000,000 and a revolving credit facility in the aggregate principal amount of $30,000,000. The Borrower will use the proceeds of these facilities as provided in Section 2.14. The Lenders are willing to make available to the Borrower the credit facilities described herein subject to and on the terms and conditions set forth in this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Dj Orthopedics Inc)

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BACKGROUND STATEMENT. The Borrower has Borrowers have requested that the Lenders make available a term loan facility to the Parent Borrower term loan facilities in the aggregate principal amount of $100,000,000 500,000,000 and a revolving credit facility facilities to the Borrowers in the aggregate principal amount of $30,000,0002,100,000,000. The Borrower Borrowers will use the proceeds of these facilities as provided in Section 2.145.4. The Lenders are willing to make available to the Borrower Borrowers the credit facilities described herein subject to and on the terms and conditions set forth in this Agreement.

Appears in 1 contract

Samples: Credit Agreement (IntercontinentalExchange Group, Inc.)

BACKGROUND STATEMENT. The Borrower has requested that the Lenders make available to the Borrower a term loan facilities facility in the aggregate principal amount of $100,000,000 200,000,000 and a revolving credit facility in the aggregate principal amount of $30,000,000100,000,000. The Borrower will use the proceeds of these facilities as provided in Section 2.145.5. The Lenders are willing to make available to the Borrower the credit facilities described herein subject to and on the terms and conditions set forth in this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Intercontinentalexchange Inc)

BACKGROUND STATEMENT. The Borrower has requested that the Lenders make available to the Borrower a term loan facilities facility in the aggregate principal amount of $100,000,000 35,000,000 and a revolving credit facility in the aggregate principal amount of $30,000,00025,000,000. The Borrower will use the proceeds of these facilities as provided in Section 2.14. The Lenders are willing to make available to the Borrower the credit facilities described herein subject to and on the terms and conditions set forth in this Agreement2.

Appears in 1 contract

Samples: Credit Agreement (Krispy Kreme Doughnuts Inc)

BACKGROUND STATEMENT. The Borrower has requested that the Lenders make available to the Borrower a term loan facilities facility in the aggregate principal amount of $100,000,000 250,000,000 and a revolving credit facility in the aggregate principal amount of $30,000,000250,000,000. The Borrower will use the proceeds of these facilities as provided in Section 2.145.5. The Lenders are willing to make available to the Borrower the credit facilities described herein subject to and on the terms and conditions set forth in this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Intercontinentalexchange Inc)

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BACKGROUND STATEMENT. The Borrower has requested that the Lenders make available to the Borrower a term loan facilities in the aggregate principal amount of $100,000,000 and a revolving credit facility in the aggregate principal amount of $30,000,0004,300,000 and a revolving credit facility that will convert into a term loan facility in the aggregate principal amount of up to $33,250,000. The Borrower will use the proceeds of these facilities as provided in Section 2.14. The Lenders are willing to make available to the Borrower the credit facilities described herein subject to and on the terms and conditions set forth in this Agreement2.

Appears in 1 contract

Samples: Credit Agreement (Greenbacker Renewable Energy Co LLC)

BACKGROUND STATEMENT. The Borrower has requested that the Lenders make available to the Borrower term loan facilities in the aggregate principal amount of $100,000,000 98,000,000 and a revolving credit facility in the aggregate principal amount of $30,000,000. The Borrower will use the proceeds of these facilities as provided in Section 2.14. The Lenders are willing to make available to the Borrower the credit facilities described herein subject to and on the terms and conditions set forth in this Agreement15,000,000.

Appears in 1 contract

Samples: Credit Agreement (Symmetry Medical Inc.)

BACKGROUND STATEMENT. The Borrower has requested that the Lenders make available to the Borrower term loan facilities in the aggregate principal amount of $100,000,000 35,000,000 and a revolving credit facility in the aggregate principal amount of $30,000,000. The Borrower will use the proceeds of these facilities as provided in Section 2.14. The Lenders are willing to make available to the Borrower the credit facilities described herein subject to and on the terms and conditions set forth in this Agreement40,000,000.

Appears in 1 contract

Samples: Credit Agreement (Symmetry Medical Inc.)

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