Common use of Initial Payment and Delivery of Notes Clause in Contracts

Initial Payment and Delivery of Notes. 2.1 Payment of the Assigned Amount Assignee Lender will pay to Assignor Lender, in immediately available funds, not later than 12:00 noon (New York time) on the Effective Date, an amount equal to its Pro Rata Share of the then outstanding principal amount of the Loans as set forth above in Section 1.1 together with accrued interest, fees and other amounts as set forth on Schedule 2.1 (the “Assigned Amount”).

Appears in 3 contracts

Samples: Credit Agreement (H&E Equipment Services, Inc.), Credit Agreement (H&E Equipment Services, Inc.), Credit Agreement (H&E Equipment Services, Inc.)

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Initial Payment and Delivery of Notes. 2.1 2.1. Payment of the Assigned Amount Amount. Assignee Lender will pay to Assignor Lender, in immediately available funds, not later than 12:00 noon (New York Chicago time) on the Effective Date, an amount equal to its Pro Rata Share of the then outstanding principal amount of the Loans as set forth above in Section 1.1 together with accrued interest[TOGETHER WITH ACCRUED INTEREST, fees and other amounts as set forth on Schedule 2.1 FEES AND OTHER AMOUNTS AS SET FORTH ON SCHEDULE 2.1] (the "Assigned Amount").

Appears in 3 contracts

Samples: Credit Agreement (Universal Hospital Services Inc), Credit Agreement (Universal Hospital Services Inc), Credit Agreement (Universal Hospital Services Inc)

Initial Payment and Delivery of Notes. 2.1 Payment of the Assigned Amount Amount. Assignee Lender will pay to Assignor Lender, in immediately available funds, not later than 12:00 noon (New York time) on the Effective Date, an amount equal to its Pro Rata Share of the then outstanding principal amount of the Loans as set forth above in Section 1.1 together with accrued interest[TOGETHER WITH ACCRUED INTEREST, fees and other amounts as set forth on Schedule 2.1 FEES AND OTHER AMOUNTS AS SET FORTH ON SCHEDULE 2.1] (the "Assigned Amount").

Appears in 2 contracts

Samples: Credit Agreement (Golfsmith International Holdings Inc), Credit Agreement (Western Digital Corp)

Initial Payment and Delivery of Notes. 2.1 Payment of the Assigned Amount Amount. Assignee Lender will pay to Assignor Lender, in immediately available funds, not later than 12:00 noon (New York time) on the Effective Date, an amount equal to its Pro Rata Share of the then outstanding principal amount of the Loans as set forth above in Section 1.1 [together with accrued interest, fees and other amounts as set forth on Schedule 2.1 2.1] (the "Assigned Amount").

Appears in 2 contracts

Samples: Credit Agreement (Platte Chemical Co), Credit Agreement (Wilsons the Leather Experts Inc)

Initial Payment and Delivery of Notes. 2.1 5.20 Payment of the Assigned Amount Amount. Assignee Lender will pay to Assignor Lender, in immediately available funds, not later than 12:00 noon (New York time) on the Effective Date, an amount equal to its Pro Rata Share of the then outstanding principal amount of the Loans as set forth above in Section 1.1 [together with accrued interest, fees and other amounts as set forth on Schedule 2.1 2.1] (the "Assigned Amount").

Appears in 2 contracts

Samples: Credit Agreement (Osullivan Industries Inc), Credit Agreement (Osullivan Industries Holdings Inc)

Initial Payment and Delivery of Notes. 2.1 Payment of the Assigned Amount 2.1. PAYMENT OF THE ASSIGNED AMOUNT. Assignee Lender will pay to Assignor Lender, in immediately available funds, not later than 12:00 noon (New York time) on the Effective Date, an amount equal to its Pro Rata Share as set forth on Schedule 1.1 of the then outstanding principal amount of the Loans as set forth above in Section 1.1 together with accrued interest, fees and other amounts as set forth on Schedule 2.1 (the “Assigned Amount”"ASSIGNED AMOUNT").

Appears in 2 contracts

Samples: Assignment Agreement (Morton Industrial Group Inc), Credit Agreement (Morton Industrial Group Inc)

Initial Payment and Delivery of Notes. 2.1 2.1. Payment of the Assigned Amount Amount. Assignee Lender will pay to Assignor Lender, in immediately available funds, not later than 12:00 noon (New York Chicago time) on the Effective Date, an amount equal to its Pro Rata Share of the then outstanding principal amount of the Loans as set forth above in Section 1.1 [together with accrued interest, fees and other amounts as set forth on Schedule 2.1 2.1] (the "Assigned Amount").

Appears in 1 contract

Samples: Credit Agreement (Universal Hospital Services Inc)

Initial Payment and Delivery of Notes. 2.1 2.1. Payment of the Assigned Amount Amount. Assignee Lender will pay to Assignor Lender, in immediately available funds, not later than 12:00 noon 11:00 a.m. (New York Chicago time) on the Effective Date, an amount equal to its Pro Rata Share of the then outstanding principal amount of the Loans as set forth above in Section 1.1 together with accrued interest, fees and other amounts as set forth on Schedule 2.1 (the "Assigned Amount").

Appears in 1 contract

Samples: Pledge Agreement (Brightpoint Inc)

Initial Payment and Delivery of Notes. 2.1 Payment of the Assigned Amount PAYMENT OF THE ASSIGNED AMOUNT. Assignee Lender will pay to Assignor Lender, in immediately available funds, not later than 12:00 noon (New York time) on the Effective Date, an amount equal to its Pro Rata Share of the then outstanding principal amount of the Loans as set forth above in Section SECTION 1.1 [together with accrued interest, fees and other amounts as set forth on Schedule 2.1 2.1] (the "Assigned Amount").

Appears in 1 contract

Samples: Credit Agreement (Wilsons the Leather Experts Inc)

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Initial Payment and Delivery of Notes. 2.1 2.1. Payment of the Assigned Amount Amount. Assignee Lender will pay to Assignor Lender, in immediately available funds, not later than 12:00 noon (New York time) on the Effective Date, an amount equal to its Pro Rata Share of the then outstanding principal amount of the Loans as set forth above in Section 1.1 [together with accrued interest, fees and other amounts as set forth on Schedule 2.1 2.1] (the "Assigned Amount").. Exh.9.1(b)-2

Appears in 1 contract

Samples: Assignment Agreement (Wilsons the Leather Experts Inc)

Initial Payment and Delivery of Notes. 2.1 Payment of the Assigned Amount Amount. Assignee Lender will pay to Assignor Lender, in immediately available funds, not later than 12:00 noon 11:00 a.m. (New York Chicago time) on the Effective Date, an amount equal to its Pro Rata Share of the then outstanding principal amount of the Loans as set forth above in Section 1.1 together with accrued interest[TOGETHER WITH ACCRUED INTEREST, fees and other amounts as set forth on Schedule 2.1 FEES AND OTHER AMOUNTS AS SET FORTH ON SCHEDULE 2.1] (the "Assigned Amount").

Appears in 1 contract

Samples: Credit Agreement (Atlantis Plastics Inc)

Initial Payment and Delivery of Notes. 2.1 2.1. Payment of the Assigned Amount Amount. Assignee Lender will pay to Assignor Lender, in immediately available funds, not later than 12:00 noon (New York time) on the Effective Date, an amount equal to its Pro Rata Share of the then outstanding principal amount of the Loans as set forth above in Section 1.1 [together with accrued interest, fees and other amounts as set forth on Schedule 2.1 2.1] (the "Assigned Amount").

Appears in 1 contract

Samples: Credit Agreement (Baldwin Piano & Organ Co /De/)

Initial Payment and Delivery of Notes. 2.1 2.1. Payment of the Assigned Amount Amount. Assignee Lender will pay to Assignor Lender, in immediately available funds, not later than 12:00 noon (New York time) on the Effective Date, an amount equal to its Pro Rata Share of the then outstanding principal amount of the Loans as set forth above in Section 1.1 together with accrued interest, fees and other amounts as set forth on Schedule 2.1 (the "Assigned Amount").

Appears in 1 contract

Samples: Credit Agreement (Darling International Inc)

Initial Payment and Delivery of Notes. 2.1 Payment of the Assigned Amount Amount. Assignee Lender will pay to Assignor Lender, in immediately available funds, not later than 12:00 noon (New York time) on the Effective Date, an amount equal to its Pro Rata Share of the then outstanding principal amount of the Loans as set forth above in Section 1.1 [together with accrued interest, fees and other amounts as set forth on Schedule 2.1 2.1] (the "Assigned Amount").. Exh.9.1(b)-2

Appears in 1 contract

Samples: Credit Agreement (Wilsons the Leather Experts Inc)

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