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Common use of Facility A Clause in Contracts

Facility A. Each Lender agrees to lend Borrower its Pro Rata Part of one or more Loans under Facility A, which Borrower may borrow, repay and reborrow under this Agreement. Loans under Facility A are subject to the following conditions: (a) Each Loan under Facility A must occur on a Business Day and no later than the Business Day immediately preceding the Facility A Termination Date; (b) Each Loan under Facility A must be in an amount not less than (i) $500,000 or a greater integral multiple of $100,000 (if a Base Rate Loan), or (ii) $5,000,000 or a greater integral multiple of $1,000,000 (if a Eurodollar Loan); and (c) When determined, (i) the Facility A Commitment Usage may not exceed the Facility A Commitment, (ii) no Lender's Pro Rata Part of the Facility A Commitment Usage may exceed such Lender's Commitment for Facility A, and (iii) the Facility A Commitment Usage, when aggregated with the Facility B Principal Debt and the Facility C Principal Debt, may not exceed the Total Commitment.

Appears in 2 contracts

Samples: Credit Agreement (Nci Building Systems Inc), Credit Agreement (Nci Building Systems Inc)

Facility A. Each Lender agrees to lend to Borrower its Pro Rata Part of one or more Loans Borrowings under Facility A, A which Borrower may borrow, repay repay, and reborrow under this Agreement. Loans under Facility A are subject to the following conditions: (a) Each Loan Borrowing under Facility A must occur on a Business Day and no later than the Business Day immediately preceding the Facility A Termination Maturity Date; (b) Each Loan under Facility A Borrowing must be in an amount not less than (i) $500,000 1,000,000 or a greater integral multiple of $100,000 (if an ABR Borrowing other than a Swing Line Borrowing) or (ii) $2,000,000 or a greater integral multiple of $100,000 (if a Base LIBOR Rate Loan), or (ii) $5,000,000 or a greater integral multiple of $1,000,000 (if a Eurodollar LoanBorrowing); and (c) When determined, (i) the Facility A Commitment Usage may not exceed the Facility A CommitmentCommitted Sum, (ii) no Lender's Pro Rata Part of the Facility A Commitment Usage may exceed such Lender's Commitment for Facility AA Committed Sum, and (iii) the Facility A Commitment Usage, when aggregated with the Facility B Principal Debt and the Facility C Principal Debt, Usage may not exceed the Total Commitment.

Appears in 1 contract

Samples: Credit Agreement (Monro Muffler Brake Inc)

Facility A. Each Lender agrees to lend Borrower its Pro Rata ---------- Part of one or more Loans under Facility A, which Borrower may borrow, repay and reborrow under this Agreement. Loans under , Facility A Loans are subject to the following conditions: (a) Each Loan under Facility A must occur on a Business Day and no later than the Business Day immediately preceding the Facility A Termination Date; (b) Each Loan under Facility A must be in an amount not less than (i) $500,000 100,000 or a greater integral multiple of $100,000 50,000 (if a Base Rate Loan), or (ii) $5,000,000 250,000 or a greater integral multiple of $1,000,000 50,000 (if a Eurodollar LIBOR Loan); and; (c) When determined, (i) the Facility A Commitment Usage may not exceed the Facility A Commitment, (ii) no Lender's Pro Rata Part of the Facility A Commitment Usage may exceed such Lender's Commitment for Facility A, and (iii) the Facility A Commitment Usage, when aggregated with the Facility B Principal Debt and the Facility C Principal Debt, may not exceed the Total Commitment.; and

Appears in 1 contract

Samples: Credit Agreement (Vail Resorts Inc)