Common use of Making of Term Loans Clause in Contracts

Making of Term Loans. Promptly after receipt of the Notice of -------------------- Borrowing under Section 2.03(b) in respect of the Term Loans, the Administrative --------------- Agent shall notify each Lender by telecopy (or other similar form of transmission) of each of the proposed Borrowings. Each Term Loan Lender shall deposit, on the Merger Funding Date, an amount equal to its Pro Rata Share of the Term Loans with the Administrative Agent at its office in New York, New York, in immediately available funds. Subject to the fulfillment of the conditions precedent set forth in Section 5.02, the Administrative Agent shall ------------ make the proceeds of such amounts received by it available to the Term Loan Borrowers at the Administrative Agent's office in New York, New York on the Merger Funding Date and shall disburse such proceeds in accordance with such Term Loan Borrowers' disbursement instructions set forth in such Notice of Borrowing. The failure of any Lender to deposit the amount described above with the Administrative Agent on the Merger Funding Date shall not relieve any other Lender of its obligations hereunder to make its Term Loan on the Merger Funding Date. No Lender shall be responsible for any failure by any other Lender to perform its obligation to make any Term Loan hereunder nor shall the Term Loan Commitment of any Lender be increased or decreased as a result of any such failure.

Making of Term Loans. Promptly after receipt of the Notice of -------------------- Borrowing under Section 2.03(b2.01(b) in respect of the Term LoansLoans to be made on the Effective Date, the Administrative --------------- Agent shall notify each Term Loan Lender by telecopy (telex or telecopy, or other similar form of transmission) of each , of the proposed BorrowingsBorrowing. Each Term Loan Lender shall deposit, on the Merger Funding Date, deposit an amount equal to its Pro Rata Share of the Term Loans with the Administrative Agent at its office in New YorkChicago, New YorkIllinois, in immediately available funds, on the Effective Date specified in the Notice of Borrowing. Subject to the fulfillment of the conditions precedent set forth in Section 5.025.01, the Administrative Agent shall ------------ make the proceeds of such amounts received by it available to the Term Loan Borrowers Company at the Administrative Agent's office in New YorkChicago, New York Illinois on the Merger Funding Effective Date and shall disburse such proceeds in accordance with such Term Loan Borrowers' the Company's disbursement instructions set forth in such Notice of Borrowing. The failure of any Term Loan Lender to deposit the amount described above with the Administrative Agent on the Merger Funding Effective Date shall not relieve any other Lender of its obligations hereunder to make its Term Loan on the Merger Funding Effective Date. No Term Loan Lender shall be responsible for any failure by any other Lender to perform its obligation to make any Term Loan hereunder nor shall the Term Loan Commitment of any Term Loan Lender be increased or decreased as a result of any such failure.

Making of Term Loans. Promptly after receipt of the Borrowing Notice of -------------------- Borrowing under Section 2.03(b2.1(C) in respect of the Term Loans, the Administrative --------------- Agent shall notify notified each Lender by telecopy (telex or telecopy, or other similar form of transmission) of each , of the proposed BorrowingsAdvance. Each Term Loan Lender shall deposit, on the Merger Funding Date, deposited an amount equal to its Tranche A Pro Rata Share of the Tranche A Term Loans and Tranche B Pro Rata Share of the Tranche B Term Loans with the Administrative Agent at its office in New YorkFarmington Hills, New YorkMichigan, in immediately available funds, on the Closing Date specified in the Borrowing Notice. Subject to the fulfillment of the conditions precedent set forth in Section 5.02Sections 5.1 and 5.2 and, with respect to that portion of such amounts which shall be funded into the escrow created by the Escrow Agreement, subject to fulfillment of the provisions of the Escrow Agreement, the Administrative Agent shall ------------ make made the proceeds of such amounts received by it available to the Term Loan Borrowers Borrower at the Administrative Agent's office in New YorkFarmington Hills, New York Michigan on such Closing Date (or if later the Merger Funding Date date on which the applicable conditions under the Escrow Agreement are satisfied) and shall disburse disbursed such proceeds in accordance with such Term Loan Borrowers' the Borrower's disbursement instructions set forth in such Notice of BorrowingBorrowing Notice. The failure of any Lender to deposit the amount described above with the Administrative Agent on the Merger Funding Closing Date shall not relieve any other Lender of its obligations hereunder to make its Term Loan Loans on the Merger Funding Closing Date. No Lender shall be responsible for any failure by any other Lender to perform its obligation to make any Term Loan hereunder nor shall the Term Loan Commitment of any Lender be increased or decreased as a result of any such failure.

Making of Term Loans. Promptly after receipt of the Notice of -------------------- Borrowing under Section 2.03(b) in respect of the Term Loans, the Administrative --------------- Agent shall notify each Lender by telecopy (or other similar form of transmission) of each of the proposed Borrowings. Each Term Loan Lender shall deposit, on the Merger Funding Date, an amount equal to its Pro Rata Share of the Term Loans with the Administrative Agent at its office in New York, New York, in immediately available funds. Subject to the fulfillment of the conditions precedent set forth in Section 5.025.01, the Administrative Agent shall ------------ make the proceeds of such amounts received by it available to the Term Loan Borrowers at the Administrative Agent's office in New York, New York on the Merger Funding Date and shall disburse such proceeds in accordance with such Term Loan Borrowers' disbursement instructions set forth in such Notice of Borrowing. The failure of any Lender to deposit the amount described above with the Administrative Agent on the Merger Funding Date shall not relieve any other Lender of its obligations hereunder to make its Term Loan on the Merger Funding Date. No Lender shall be responsible for any failure by any other Lender to perform its obligation to make any Term Loan hereunder nor shall the Term Loan Commitment of any Lender be increased or decreased as a result of any such failure.

Making of Term Loans. Promptly after receipt of the Borrowing Notice of -------------------- Borrowing under Section 2.03(bSECTION 2.1(C) in respect of the Term Loans, the Administrative --------------- Agent shall notify each Lender by telecopy (telex or telecopy, or other similar form of transmission) of each , of the proposed BorrowingsAdvance. Each Term Loan Lender shall deposit, on the Merger Funding Date, deposit an amount equal to its Tranche A Pro Rata Share of the Tranche A Term Loans and Tranche B Pro Rata Share of the Tranche B Term Loans with the Administrative Agent at its office in New YorkFarmington Hills, New YorkMichigan, in immediately available funds, on the Closing Date specified in the Borrowing Notice. Subject to the fulfillment of the conditions precedent set forth in Section 5.02SECTIONS 5.1 and 5.2 and, with respect to that portion of such amounts which shall be funded into the escrow created by the Escrow Agreement, subject to fulfillment of the provisions of the Escrow Agreement, the Administrative Agent shall ------------ make the proceeds of such amounts received by it available to the Term Loan Borrowers Borrower at the Administrative Agent's office in New YorkFarmington Hills, New York Michigan on such Closing Date (or if later the Merger Funding Date date on which the applicable conditions under the Escrow Agreement are satisfied) and shall disburse such proceeds in accordance with such Term Loan Borrowers' the Borrower's disbursement instructions set forth in such Notice of BorrowingBorrowing Notice. The failure of any Lender to deposit the amount described above with the Administrative Agent on the Merger Funding Closing Date shall not relieve any other Lender of its obligations hereunder to make its Term Loan Loans on the Merger Funding Closing Date. No Lender shall be responsible for any failure by any other Lender to perform its obligation to make any Term Loan hereunder nor shall the Term Loan Commitment of any Lender be increased or decreased as a result of any such failure.