Borrowings Under the Credit Agreement Sample Clauses

Borrowings Under the Credit Agreement. (a) Borrowings Under OUALCOMM's FACILITY-2 Commitments. Borrowings of Interim Loans and the Backstop Fee Loan (each as described below) made by Borrower shall be funded by Borrowings of Facility-2 Loans under QUALCOMM's unused Facility-2 Commitment existing under the Credit Agreement, and all Borrower's obligations with respect to the Interim Loans and Backstop Fee Loan shall be secured on a senior secured basis, pari passu with the existing Senior Indebtedness. The parties shall cooperate to obtain all necessary consents, waivers and approvals with respect to the Interim Loans and the Backstop Fee Loan as set forth in greater detail in Section 3.1. (b) Additional Interim Loan Facility, Additional Interim Loans (as described below) shall be funded pursuant to (i) a new "Facility-3" to be established in connection with an amendment to the Credit Agreement, (ii) in the Facility 2 Administrative Agent's sole discretion, one or more amendments to the Electro Banque Facility 2 Credit Agreement, (iii) in QUALCOMM's sole discretion, one or more amendments to the Credit Agreement, or (iv) a new Financing Agreement contemplated to be executed to fund Additional Interim Loans and up to $40,000,000.00 (the "Additional Financing Facility Loans") required to be provided by QUALCOMM under the Additional Financing Facility (as defined in the Definitive Agreement) with such terms and provisions as set forth in the Definitive Agreement, in each case, to be executed in connection with the other conditions precedent set forth in Section 3.2 and all Borrower's obligations with respect to the Additional Interim Loans shall be secured on a senior secured basis, pari passu with the existing Senior Indebtedness. The parties shall cooperate to obtain all necessary consents, waivers and approvals with respect to the Additional Interim Loans as set forth in greater detail in Section 3.2.
Sample 1
Borrowings Under the Credit Agreement. (a) Borrowings Under QUALCOMM's FACILITY-2 Commitments. Borrowings of Interim Loans and the Backstop Fee Loan (each as described below) made by Borrower shall be funded by Borrowings of Facility-2 Loans under QUALCOMM's unused Facility-2 Commitment existing under the Credit Agreement, and all Borrower's obligations with respect to the Interim Loans and Backstop Fee Loan shall be secured on a senior secured basis, pari passu with the existing Senior Indebtedness. The parties shall cooperate to obtain all necessary consents, waivers and approvals with respect to the Interim Loans and the Backstop Fee Loan as set forth in greater detail in Section 3.1.
Sample 1

Related to Borrowings Under the Credit Agreement

  • 01 of the Credit Agreement Section 1.01 of the Credit Agreement is hereby amended as follows:

  • Amendment of the Credit Agreement Effective as of the Amendment Effective Date, the Credit Agreement is hereby amended as follows: (a) The following definitions are added in the appropriate alphabetical order to Section 1.01 of the Credit Agreement:

  • Amendments to the Credit Agreement (a) Section 1.01 of the Credit Agreement, Definitions, is hereby amended by adding the following definitions in the appropriate alphabetical order:

  • Amendments to Credit Agreement (a) Section 1.01 of the Credit Agreement is hereby amended by adding the following definitions in the appropriate alphabetical order:

  • of the Credit Agreement Section 6.02 of the Credit Agreement is hereby amended as follows:

  • The Credit Agreement The Notes executed by the Borrower and delivered on the date hereof. The documents described in the foregoing clauses (a) and (b) are collectively referred to herein as the “Opinion Documents.” We have also reviewed originals or copies of such other agreements and documents as we have deemed necessary as a basis for the opinion expressed below. In our review of the Opinion Documents and other documents, we have assumed:

  • Amendment of Credit Agreement (a) Effective as of the First Incremental Term Facility Amendment Effective Date, the Credit Agreement is hereby amended as follows: (i) The following definitions are hereby added in the appropriate alphabetical order to Section 1.01:

  • Specific Amendments to Credit Agreement Upon the effectiveness of this Amendment, the parties hereto agree that the Credit Agreement shall be amended as follows: (a) The Credit Agreement is amended by adding the following definitions to Section 1.01 thereof in the appropriate alphabetical location:

  • Amendment to the Credit Agreement Effective as of the date of satisfaction of the conditions precedent set forth in Section 2 below, the parties hereto agree that the Credit Agreement is hereby amended as follows: (a) Section 1.01 of the Credit Agreement is amended to add the following definition thereto in the appropriate alphabetical order:

  • Revolving Credit Agreement The Agent shall have received this Agreement duly executed and delivered by each of the Banks and the Company and each of the Banks shall have received a fully executed Committed Note and a fully executed Bid Note, if such Notes are requested by any Bank pursuant to Section 12.9.