Common use of Nature of Commitment Clause in Contracts

Nature of Commitment. With respect to the Loan and the Advances, Lenders' obligation to make the Loan or any Advances shall be deemed to be pursuant to a contract to make a loan or to extend debt financing or financial accommodations to or for the benefit of Borrower within the meaning of Sections 365(c)(2) and 365(e)(2)(B) of the United States Bankruptcy Code, 11 U.S.C. Section 101 et seq.

Appears in 2 contracts

Samples: Loan Agreement (Amsurg Corp), Loan Agreement (Amsurg Corp)

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Nature of Commitment. With respect to the Loan and the Advances, Lenders' obligation to make the Loan or any Advances shall be deemed to be pursuant to a contract to make a loan or to extend debt financing or financial accommodations to or for the benefit of Borrower within the meaning of Sections 365(c)(2) and 365(e)(2)(B) of the United States Bankruptcy Code, 11 U.S.C. Section ? 101 et seq.

Appears in 1 contract

Samples: Loan Agreement (Amsurg Corp)

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Nature of Commitment. With respect to the Loan and the Advances, Lenders' Lender's obligation to make the Loan or any Advances shall be deemed to be pursuant to a contract to make a loan or to extend debt financing or financial accommodations to or for the benefit of Borrower within the meaning of Sections 365(c)(2) and 365(e)(2)(B) of the United States Bankruptcy Code, 11 U.S.C. Section 101 et seq.

Appears in 1 contract

Samples: Loan Agreement (Sofamor Danek Group Inc)

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