General Provisions Applicable to Loans and Letters of Credit. 4.1. Interest Rates and Payment Dates
4.2. Conversion and Continuation Options
4.3. Minimum Amounts of Sets
General Provisions Applicable to Loans and Letters of Credit. 5.1 Procedure for Borrowing by the Company
(a) The Company may borrow under the Commitments on any Business Day after the Funding Date. The Company shall give the Administrative Agent irrevocable notice (which notice must be received by the Administrative Agent prior to (i) 1:00 P.M., New York City time, three (3) Business Days prior to the requested Borrowing Date in the case of a proposed borrowing of Term Benchmark Loans and (ii) 11:00 A.M., New York City time, on the requested Borrowing Date if the borrowing is to be solely of ABR Loans; provided that any such notice of a borrowing of ABR Loans to finance the reimbursement of an L/C Disbursement as contemplated by Section 2.6(a) may be given not later than 1:00 P.M., New York City time, on the date of the proposed borrowing) signed by a Responsible Officer of the Company specifying (A) the amount of the borrowing, (B) whether such Loans are initially to be Term Benchmark Loans or ABR Loans, or a combination thereof, (C) if the borrowing is to be entirely or partly Term Benchmark Loans, the length of the Interest Period for such Term Benchmark Loans and (D) the amount of such borrowing to be constituted by Revolving Credit Loans and/or Incremental Revolving Credit Loans. Upon receipt of such notice the Administrative Agent shall promptly notify each Lender, which notice shall in any event be delivered to each Lender by 12:00 Noon, New York City time, on such date. Not later than 2:00 P.M., New York City time, on the Borrowing Date specified in such notice, each Lender shall make available to the Administrative Agent at the office of the Administrative Agent specified in Section 12.2 (or at such other location as the Administrative Agent may direct) in Dollars an amount in Same Day Funds equal to the amount of the Loan to be made by such Lender. Loan proceeds received by the Administrative Agent hereunder shall promptly be made available to the Company by the Administrative Agent’s crediting the account of the Company designated by the Company, with the aggregate amount actually received by the Administrative Agent from the Lenders and in like funds as received by the Administrative Agent; provided that Revolving Credit Loans made to finance the reimbursement of an L/C Disbursement as provided in Section 2.6 shall be remitted by the Administrative Agent to the applicable Issuing Lender.
(b) Any borrowing of Term Benchmark Loans by the Company hereunder shall be in such amounts and be made pursuant to suc...
General Provisions Applicable to Loans and Letters of Credit. Section 5.1 Procedure for Borrowing by the Company 38 Section 5.2 Repayment of Loans; Evidence of Debt 38 Section 5.3 Conversion and Continuation Options 39 Section 5.4 Changes of Commitment Amounts 40 Section 5.5 Optional Prepayments 40 Section 5.6 Mandatory Prepayments. 41 Section 5.7 Interest Rates and Payment Dates 42 Section 5.8 Computation of Interest and Fees 42 Section 5.9 Commitment Fees. 43 Section 5.10 Certain Fees 43 Section 5.11 Letter of Credit Fees 43 Section 5.12 Letter of Credit Reserves 44 Section 5.13 Further Assurances 45 Section 5.14 Obligations Absolute 45 Section 5.15 Assignments 45 Section 5.16 Participations 45 Section 5.17 Inability to Determine Interest Rate for Eurodollar Loans 46 Section 5.18 Pro Rata Treatment and Payments 46 Section 5.19 Illegality 47 Section 5.20 Requirements of Law 47 Section 5.21 Indemnity 49 Section 5.22 Replacement of Lenders 49 Section 5.23 Taxes. 50 Section 5.24 Defaulting Lenders 52
General Provisions Applicable to Loans and Letters of Credit. 4.1 Evidence of Debt
General Provisions Applicable to Loans and Letters of Credit. 4.1 Increase, Termination or Reduction of Commitments or Total Dollar Working Capital Facility Uncommitted Tranche Portions.
(a) The U.S. Borrower shall have the right, from time to time, upon not less than four (4) Business Days’ notice to the Administrative Agent, to terminate the Dollar Working Capital Facility Commitments, the Total Dollar Working Capital Facility Uncommitted Tranche Portions, the Multicurrency Working Capital Facility Commitments and/or the Acquisition Facility Commitments or, from time to time, reduce the Dollar Working Capital Facility Commitments, the Total Dollar Working Capital Facility Uncommitted Tranche Portions, the Multicurrency Working Capital Facility Commitments and/or the Acquisition Facility Commitments; provided, that no such termination or reduction of the relevant Commitments or the Total Dollar Working Capital Facility Uncommitted Tranche Portions shall be permitted to the extent that, after giving effect thereto and to any prepayments of the Loans and Cash Collateralization of the Letters of Credit made on or before the effective date thereof, (i) the Total Dollar Working Capital Facility Committed Tranche Extensions of Credit would exceed the aggregate amount of all Dollar Working Capital Facility Commitments of all Dollar Working Capital Facility Committed Tranche Lenders then in effect, (ii) the Total Dollar Working Capital Facility Uncommitted Tranche Extensions of Credit would exceed the Dollar Working Capital Facility Uncommitted Tranche Portions of all Dollar Working Capital Facility Uncommitted Tranche Lenders then in effect, (iii) the Total Multicurrency Working Capital Facility Extensions of Credit would exceed the aggregate amount of all Multicurrency Working Capital Facility Commitments of all Multicurrency Working Capital Facility Lenders then in effect or (iv) the Total Acquisition Facility Extensions of Credit would exceed the aggregate amount of all Acquisition Facility Commitments of all Acquisition Facility Lenders then in effect. Any such reduction shall be in an amount equal to $1,000,000 or a whole multiple thereof and shall reduce permanently and ratably the applicable relevant Commitments or Dollar Working Capital Facility Uncommitted Tranche Portions then in effect.
(b) At any time during the Increase Period, (x)(i) the aggregate Dollar Working Capital Facility Commitments or the Total Dollar Working Capital Facility Uncommitted Tranche Portions may be increased to an amount not to exceed $1...
General Provisions Applicable to Loans and Letters of Credit a Interest.
General Provisions Applicable to Loans and Letters of Credit. 85 4.1 Optional Prepayments 85 4.2 Mandatory Prepayments 86 4.3 Conversion and Continuation Options 88 4.4 Limitations on Eurocurrency Tranches 89 4.5 Interest Rates and Payment Dates 89 4.6 Computation of Interest and Fees; Failure to Satisfy Conditions Precedent; Obligations of Lenders Several 93
General Provisions Applicable to Loans and Letters of Credit. 4.1 Increase, Termination or Reduction of Commitments.
General Provisions Applicable to Loans and Letters of Credit. 54
4.1 Increase, Termination or Reduction of Commitments 54 4.2 Interest Rates and Payment Dates 56 4.3 Conversion and Continuation Options 56 4.4 Minimum Amounts of Tranches; Maximum Number of Tranches 57 4.5 Repayment of Loans; Evidence of Debt 57 4.6 Optional Prepayments 58 4.7
General Provisions Applicable to Loans and Letters of Credit. 42 8.1 Procedure for Borrowing by the Company..........................42 8.2 Repayment of Loans; Evidence of Debt............................43 8.3
