Common use of Making of New Term Loans Clause in Contracts

Making of New Term Loans. On any Increase Effective Date on which an Incremental Term Commitment is effective, subject to the satisfaction of the foregoing terms and conditions and the conditions set forth in Section 4.02, each Lender and Eligible Assignee that has agreed to provide such Incremental Term Commitment shall make a Term Loan to the Borrower in an amount equal to its pro rata share of such Incremental Term Commitment.

Appears in 3 contracts

Samples: Credit Agreement (Acadia Realty Trust), Credit Agreement (Acadia Realty Trust), Credit Agreement (Acadia Realty Trust)

AutoNDA by SimpleDocs

Making of New Term Loans. On any Increase Effective Date on which an Incremental Term Commitment is Commitments are effective, subject to the satisfaction of the foregoing terms and conditions and the conditions set forth in Section 4.02paragraph (c) of this Section, each Lender and Eligible Assignee that has agreed to provide of such Incremental Term Commitment Commitments shall make a Term Loan to the Borrower in an amount equal to its pro rata share of such Incremental Term Commitment.

Appears in 2 contracts

Samples: Security Agreement (HMS Holdings Corp), Credit Agreement (HMS Holdings Corp)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.