Loans; Commitments. (a) Pursuant to the Existing Credit Agreement, each Existing Lender, subject to and on the terms and conditions of the Existing Credit Agreement, made term loans (each, an "Existing Term Loan," and collectively, the "Existing Term Loans") to the Borrower. The aggregate principal amount of the Existing Term Loans made pursuant to the Existing Credit Agreement and outstanding immediately prior to the Closing Date is $39,975,000. On the Closing Date, the following shall occur: (i) pursuant to the terms of Section 2.7(a) of the Existing Credit Agreement, Borrower shall make a partial prepayment of the Existing Term Loans in the aggregate principal amount of $10,000,000 (and each Existing Lender severally agrees, subject to and on the terms and conditions of the Existing Credit Agreement, to consent to such prepayment and waive any applicable notice period required by Section 2.7(a) of the Existing Credit Agreement (but not any amounts due under Section 2.18 of the Existing Credit Agreement on account of such prepayment)), and (ii) the Existing Term Loans (after giving effect to the foregoing prepayment) shall automatically be continued as an equivalent principal amount of Loans hereunder (each such loan, a "Tranche A Term Loan," and collectively, the "Tranche A Term Loans") and shall be of the same Type, and shall have the same Interest Period, as the corresponding Existing Term Loans. To the extent repaid, Tranche A Term Loans may not be reborrowed.
(b) Each Tranche B Lender severally agrees, subject to and on the terms and conditions of this Agreement, to make a single loan (each being a "Tranche B Term Loan" and, collectively, the "Tranche B Term Loans") to the Borrower on the Closing Date, in an aggregate principal amount not to exceed its Tranche B Commitment. No Tranche B Term Loans shall be made at any time after the Closing Date. To the extent repaid, Tranche B Term Loans may not be reborrowed.
(i) Pursuant to the Existing Credit Agreement, each Existing Lender, subject to and on the terms and conditions of the Existing Credit Agreement, made revolving loans (each, an "Existing Revolving Loan," and collectively, the "Existing Revolving Loans") to the Borrower. On the Closing Date, the following shall occur: (A) pursuant to the terms of Section 2.7(a) of the Existing Credit Agreement, Borrower shall make a partial prepayment of the Existing Revolving Loans in the aggregate principal amount of $30,000,000 (and each Existing Lender severally agrees, subje...
Loans; Commitments. Pursuant to Section 2.23 of the Credit Agreement, by execution and delivery of this Term Loan Joinder, together with the satisfaction of all of the other requirements and conditions set forth in this Term Loan Joinder, each undersigned Tranche B Lender (a) shall have, on and as of the Term Loan Effective Date, a Term Loan Commitment equal to the amount set forth next to its name on Schedule 1 attached hereto, (b) shall be, and shall be deemed to be, a "Term Loan Lender" under, and as such term is defined in, the Credit Agreement and (c) severally agrees to make a Term Loan to the Borrower on the Term Loan Effective Date in an amount not to exceed the Term Loan Commitment of such Lender.
Loans; Commitments. (b) of the Credit Agreement is hereby deleted in its entirety and replaced with the following:
Loans; Commitments. Pursuant to Section 2.17 of the Credit Agreement, by execution and delivery of this Amendment, together with the satisfaction of all of the other requirements and conditions set forth in this Amendment, each undersigned Incremental Term Loan Lender (a) shall have, on and as of the Term Loan Increase Effective Date, an Incremental Term Loan Commitment equal to the amount set forth on Schedule I hereto, (b) shall be, and shall be deemed to be, a “Term Loan Lender” under, and as such term is defined in, the Credit Agreement, (c) appoints and authorizes the Administrative Agent to take such action as agent on its behalf and to exercise such powers under the Credit Agreement and the other Loan Documents as are delegated to the Administrative Agent by the terms thereof, together with such powers as are reasonably incidental thereto, (d) severally agrees to make an Incremental Term Loan to the Borrower on the Term Loan Increase Effective Date in an amount not to exceed its Incremental Term Loan Commitment and, except as otherwise set forth in this Amendment, on the same terms as those of the Initial Term B Loans as set forth in the Credit Agreement (including, without limitation, the provisions applicable to the Initial Term B Loans set forth in Section 2.08 of the Credit Agreement) and (e) shall perform all the obligations of and shall have all the rights of a Lender thereunder. Any reference in the Loan Documents to Term Loans shall be deemed, unless the context otherwise requires, to include references to the Incremental Term Loans.
Loans; Commitments. (a) The aggregate principal amount of all Loans (as defined in the Original Credit Agreement) made pursuant to the Original Credit Agreement and outstanding on the Closing Date (collectively, the "Existing Loans") is $91,249,913.
Loans; Commitments. Pursuant to Section 2.4 of the Credit Agreement, by execution and delivery of this Increase Term Joinder, together with the satisfaction of all of the other requirements and conditions set forth in this Increase Term Joinder, each undersigned Incremental Term Lender (a) shall have, on and as of the Term Loan Increase Effective Date, an Incremental Term Loan Commitment equal to the amount set forth in the recitals hereto, (b) shall be, and shall be deemed to be, a “Term Lender” under, and as such term is defined in, the Credit Agreement and (c) severally agrees to make a Term Loan to the Borrower on the Term Loan Increase Effective Date in an amount not to exceed its Incremental Term Loan Commitment. Any reference in the Loan Documents to Term Loans shall be deemed, unless the context otherwise requires, to include references to the Incremental Term Loans.
Loans; Commitments. 33 SECTION 2.02. Loans........................................................42 SECTION 2.03.
Loans; Commitments. Subject to the terms and conditions and relying on the representations and warranties set forth herein, each Lender with a Tranche A Term Loan Commitment agrees, severally and not jointly, to make a Tranche A Term Loan to the Company on the Closing Date in a principal amount not to exceed its Tranche A Term Loan Commitment set forth opposite its name in Schedule 2.01. Amounts paid or prepaid in respect of Tranche A Term Loans may not be reborrowed.
Loans; Commitments. (a) Subject to the terms and conditions hereof, each Term Loan Lender severally agrees to make a term loan (each, a “Term Loan”) to the Borrower on the Closing Date in an amount not to exceed the Term Loan Commitment of such Lender. The Term Loans may from time to time be Eurodollar Loans or ABR Loans, as determined by the Borrower and notified to the Administrative Agent in accordance with Sections 2.2 and 2.10.
(b) Subject to the terms and conditions hereof, each Revolving Lender severally agrees to make revolving credit loans (“Revolving Loans”) to the Borrower from time to time during the Revolving Commitment Period in an aggregate principal amount at any one time outstanding which, when added to such Lender’s Revolving Percentage of the sum of (i) the L/C Obligations then outstanding and (ii) the aggregate principal amount of the Swingline Loans then outstanding, does not exceed the amount of such Lender’s Revolving Commitment. During the Revolving Commitment Period the Borrower may use the Revolving Commitments by borrowing, prepaying the Revolving Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. The Revolving Loans may from time to time be Eurodollar Loans or ABR Loans, as determined by the Borrower and notified to the Administrative Agent in accordance with Sections 2.2 and 2.10.
Loans; Commitments. On the terms and subject to the conditions of this Agreement,
(a) each Lender severally agrees to make Loans (other than Swing Line Loans) pursuant to each of its Commitments and the Swing Line Lender agrees to make Swing Line Loans pursuant to the Swing Line Loan Commitment, in each case as described in this Section 2.1; and
(b) each Issuer severally agrees that it will issue Letters of Credit pursuant to Section 2.1.3, and each other Lender that has a Revolving Loan Commitment severally agrees that it will purchase participation interests in such Letters of Credit pursuant to Section 2.6.1.
