Common use of Manner of Borrowing and Payment Clause in Contracts

Manner of Borrowing and Payment. (a) Each borrowing of Revolving Advances shall be advanced according to the applicable Commitment Percentages of Lenders. The Term Loan shall be advanced according to the Commitment Percentages of Lenders. Each borrowing of Equipment Loans shall be advanced according to the applicable Commitment Percentages of Lenders.

Appears in 4 contracts

Samples: Security Agreement (Perma Fix Environmental Services Inc), Security Agreement (Perma Fix Environmental Services Inc), Security Agreement (PVC Container Corp)

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Manner of Borrowing and Payment. (a) Each borrowing of Revolving Advances shall be advanced according to the applicable Commitment Percentages of Lenders. The Term Loan shall be advanced according to the Commitment Percentages of Lenders. Each borrowing of Equipment Loans shall be advanced according to the applicable Commitment Percentages of Lenders.

Appears in 2 contracts

Samples: Security Agreement (Integrated Biopharma Inc), Security Agreement (HMG Worldwide Corp)

Manner of Borrowing and Payment. (a) Each borrowing of Revolving Advances shall be advanced according to the applicable Commitment Percentages of Lenders. The Term Loan shall be advanced according to the Commitment Percentages of Lenders. Each borrowing of Equipment Loans shall be advanced according to the applicable Commitment Percentages of Lenders.

Appears in 2 contracts

Samples: Revolving Credit, Term Loan and Security Agreement (Pietrafesa Corp), Security Agreement (Fonda Group Inc)

Manner of Borrowing and Payment. (a) Each borrowing of Revolving Advances shall be advanced according to the applicable Revolving Commitment Percentages of the Revolving Lenders. The Term Loan shall be advanced according to the Commitment Percentages of Lenders. Each borrowing of Equipment Loans shall be advanced according to the applicable Term Loan Commitment Percentages of the Term Loan Lenders.

Appears in 2 contracts

Samples: Loan and Security Agreement (Bucyrus International Inc), Loan and Security Agreement (Bucyrus International Inc)

Manner of Borrowing and Payment. (a) Each borrowing of Revolving Advances shall be advanced according to the applicable Commitment Percentages of Lenders. The Term Loan A and Term Loan B shall each be advanced according to the Commitment Percentages of Lenders. Each borrowing of Equipment Loans shall be advanced according to the applicable Commitment Percentages of Lenders.

Appears in 1 contract

Samples: Air Methods Corp

Manner of Borrowing and Payment. (a) Each borrowing of Revolving Advances shall be advanced according to the applicable Commitment Percentages of Lenders. The Term Loan Loans shall be advanced according to the Commitment Percentages of Lenders. Each borrowing of Equipment Loans shall be advanced according to the applicable Commitment Percentages of Lenders.

Appears in 1 contract

Samples: Loan and Security Agreement (Tb Woods Corp)

Manner of Borrowing and Payment. (a) Each borrowing of Revolving Advances shall be advanced according to the applicable Commitment Percentages of Lenders. The Term Loan shall be advanced according to the Commitment Percentages of Lenders. Each borrowing of Equipment Loans shall be advanced according to the applicable Commitment Percentages of Lenders.

Appears in 1 contract

Samples: Loan and Security Agreement (Vision-Ease Lens CORP)

Manner of Borrowing and Payment. (a) a Each borrowing of Revolving Advances shall be advanced according to the applicable Commitment Percentages of Lenders. The Term Loan shall be advanced according to the Commitment Percentages of Lenders. Each borrowing of Equipment Loans shall be advanced according to the applicable Applicable Commitment Percentages of Lenders.

Appears in 1 contract

Samples: Security Agreement (Signal Apparel Company Inc)

Manner of Borrowing and Payment. (aA) Each borrowing of Revolving Advances Credit Loans shall be advanced according to the applicable Commitment Percentages of Lenders. The Term Loan shall be advanced according to the Commitment Percentages of Lenders. Each borrowing of Equipment Loans shall be advanced according to the applicable Commitment Percentages of Lenders.

Appears in 1 contract

Samples: Loan and Security Agreement (Microwave Power Devices Inc)

Manner of Borrowing and Payment. (a) Each borrowing of Revolving Advances shall be advanced according to the applicable Revolving Commitment Percentages of LendersLenders holding the Revolving Commitments (subject to any contrary terms of Section 2.23). The Term Loan shall be advanced according to the applicable Term Loan Commitment Percentages of Lenders. Each borrowing of Equipment Loans shall be advanced according to Lenders holding the applicable Commitment Percentages of LendersTerm Loan Commitments.

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Tecumseh Products Co)

Manner of Borrowing and Payment. (a) Each borrowing of Revolving Advances shall be advanced according to the applicable Commitment Percentages Ratable Shares of Revolving Credit Lenders. The Term Loan shall be advanced on the Closing Date according to the respective Term Loan Commitment Percentages of Lenders. Each borrowing of Equipment Loans shall be advanced according to Term Loan Lenders on the applicable Commitment Percentages of LendersClosing Date.

Appears in 1 contract

Samples: Security Agreement (Absolute Life Solutions, Inc.)

Manner of Borrowing and Payment. (a) Each borrowing of Revolving Advances shall be advanced according to the applicable Commitment Percentages of the Lenders. The Term Loan Loans shall be advanced according to the Commitment Percentages of Lenders. Each borrowing of Equipment Loans shall be advanced according to the applicable Commitment Percentages of Lenders.

Appears in 1 contract

Samples: Security Agreement (Danskin Inc)

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Manner of Borrowing and Payment. (a) Each borrowing of Revolving Advances shall be advanced according to the applicable Commitment Percentages of Lenders. The Acquisition Term Loan shall be advanced according to the Commitment Percentages of Lenders. Each borrowing of Equipment Loans shall be advanced according to the applicable Commitment Percentages of Lenders.

Appears in 1 contract

Samples: Loan and Security Agreement (Philipp Brothers Chemicals Inc)

Manner of Borrowing and Payment. (a) Each borrowing of Revolving Advances shall be advanced according to the applicable Commitment Percentages of Lenders. The Term Loan shall be advanced according to the Commitment Percentages of Lenders. Each borrowing of Equipment Loans shall be advanced according to the applicable Commitment Percentages of Lenders. The Converted Equipment Loan shall be advanced according to the applicable Commitment Percentages of Lenders.

Appears in 1 contract

Samples: Security Agreement (Ashlin Development Corp)

Manner of Borrowing and Payment. (a) Each borrowing of Revolving Advances shall be advanced according to the applicable Commitment Percentages of Lenders. The Term Loan and Equipment Loan shall each be advanced according to the Commitment Percentages of Lenders. Each borrowing of Equipment Loans shall be advanced according to the applicable Commitment Percentages of Lenders.

Appears in 1 contract

Samples: Security Agreement (Centurion Wireless Technologies Inc)

Manner of Borrowing and Payment. (a) Each borrowing of Revolving Advances shall be advanced according to the applicable Commitment Percentages of Lenders. The Term Loan shall be advanced according to the Commitment Percentages of Lenders. Each borrowing of Equipment Loans shall be advanced according to the applicable Commitment Percentages of Lenders.

Appears in 1 contract

Samples: Revolving Credit, Equipment Loan and Security Agreement (McMS Inc)

Manner of Borrowing and Payment. (a) 2.14.1 Each borrowing of Revolving Advances shall be advanced according to the applicable Commitment Percentages of Lenders. The Term Loan shall be advanced according to the Commitment Percentages of Lenders. Each borrowing of Equipment Loans shall be advanced according to the applicable Commitment Percentages of Lenders.

Appears in 1 contract

Samples: Subordination Agreement (Obsidian Enterprises Inc)

Manner of Borrowing and Payment. (a) Each borrowing of Revolving Advances shall be advanced according to the applicable Commitment Percentages of Lenders. The Term Loan Loans shall be advanced according to the Commitment Percentages of Lenders. Each borrowing of Equipment Loans shall be advanced according to the applicable Commitment Percentages Percentage of Lenders.

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Phosphate Holdings, Inc.)

Manner of Borrowing and Payment. (a) Each borrowing of Revolving Advances shall be advanced according to the applicable Commitment Percentages of Revolving Lenders. The Term Loan shall be advanced according to the Commitment Percentages of Lenders. Each borrowing of Equipment Loans shall be A has been advanced according to the applicable Commitment Percentages of Revolving Lenders. Term Loan B shall be advanced according to the applicable Term Loan B Commitment Percentages of Term B Lenders.

Appears in 1 contract

Samples: Security Agreement (Stream Global Services, Inc.)

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