Settlement Amongst Lenders. (i) The amount of each Lender’s Applicable Percentage of outstanding Term Loans shall be computed weekly (or more frequently in the Agent’s discretion) and shall be adjusted upward or downward based on all Term Loans and repayments of Term Loans received by the Agent as of 3:00 p.m. on the first Business Day (such date, the “Settlement Date”) following the end of the period specified by the Agent.
Appears in 3 contracts
Samples: Credit Agreement (Vince Holding Corp.), Credit Agreement (Vince Holding Corp.), Credit Agreement (Vince Holding Corp.)
Settlement Amongst Lenders. (ia) The amount of each Lender’s Applicable Percentage of outstanding Term Loans shall be computed weekly (or more frequently in the Agent’s discretion) and shall be adjusted upward or downward based on all Term Loans and repayments of Term Loans received by the Agent as of 3:00 p.m. on the first Business Day (such date, the “Settlement Date”) following the end of the period specified by the Agent.
Appears in 3 contracts
Samples: Credit Agreement (Vince Holding Corp.), Credit Agreement (Vince Holding Corp.), Credit Agreement (Vince Holding Corp.)
Settlement Amongst Lenders. (ia) The amount of each Lender’s Applicable Percentage of outstanding Term Committed Loans shall be computed weekly (or more frequently in the Agent’s discretion) and shall be adjusted upward or downward based on all Term Committed Loans and repayments of Term Committed Loans received by the Agent as of 3:00 p.m. on the first Business Day (such date, the “Settlement Date”) following the end of the period specified by the Agent.
Appears in 3 contracts
Samples: Credit Agreement (Cache Inc), Credit Agreement (Kid Brands, Inc), Credit Agreement (Bluefly Inc)
Settlement Amongst Lenders. (ia) The amount of each Lender’s Applicable Percentage of outstanding Term Loans shall be computed weekly (or more frequently in the Agent’s discretion) and shall be adjusted upward or downward based on all Term Loans and repayments of Term Loans received by the Agent as of 3:00 p.m. on the first Business Day (such date, the “Settlement Date”) following the end of the period specified by the Agent.
Appears in 2 contracts
Samples: Credit Agreement (Zumiez Inc), Credit Agreement (Body Central Corp)
Settlement Amongst Lenders. (ia) The amount of each Lender’s Applicable Percentage of outstanding Term Committed Loans shall be computed weekly (or more frequently in the Administrative Agent’s discretion) and shall be adjusted upward or downward based on all Term Committed Loans and repayments of Term Committed Loans received by the Administrative Agent as of 3:00 p.m. on the first Business Day (such date, the “Settlement Date”) following the end of the period specified by the Administrative Agent.
Appears in 2 contracts
Samples: Credit Agreement (Syms Corp), Credit Agreement (Syms Corp)
Settlement Amongst Lenders. (ia) The amount of each Lender’s Applicable Commitment Percentage of outstanding Term Revolving Credit Loans shall be computed weekly (or more frequently in the Administrative Agent’s discretion) and shall be adjusted upward or downward based on all Term Loans and repayments of Term Loans received by the Administrative Agent as of 3:00 p.m. on the first Business Day (such date, the “Settlement Date”) following the end of the period specified by the Administrative Agent.
Appears in 2 contracts
Samples: Credit Agreement (Revolve Group, Inc.), Credit Agreement (Advance Holdings, LLC)
Settlement Amongst Lenders. (ia) The amount of each Lender’s Applicable Percentage of outstanding Term Loans Percentage, shall be computed weekly (or more frequently in the Agent’s discretion) and shall be adjusted upward or downward based on all Term Loans and repayments of Term Loans received by the Agent as of 3:00 p.m. on the first Business Day (such date, the “Settlement Date”) following the end of the period specified by the Agent.
Appears in 2 contracts
Samples: Term Loan Credit Agreement, Term Loan Credit Agreement (Sears Hometown & Outlet Stores, Inc.)
Settlement Amongst Lenders. (ia) The amount of each Lender’s Applicable Percentage of outstanding Term Loans Loans, shall be computed weekly (or more frequently in the Agent’s discretion) and shall be adjusted upward or downward based on all Term Loans and repayments of Term Loans received by the Agent as of 3:00 p.m. on the first Business Day (such date, the “Settlement Date”) following the end of the period specified by the Agent.
Appears in 2 contracts
Samples: Credit Agreement (Pacific Sunwear of California Inc), Credit Agreement (Pacific Sunwear of California Inc)
Settlement Amongst Lenders. (ia) The amount of each Revolving Lender’s Applicable Percentage of outstanding Term Committed Revolving Loans shall be computed weekly (or more frequently in the Agent’s discretionPermitted Discretion) and shall be adjusted upward or downward based on all Term Committed Revolving Loans and repayments of Term Committed Revolving Loans received by the Agent as of 3:00 p.m. on the first Business Day (such date, the “Settlement Date”) following the end of the period specified by the Agent.
Appears in 1 contract
Settlement Amongst Lenders. (ia) The amount of each Lender’s Applicable Percentage of outstanding Term Committed Loans shall be computed weekly (or more frequently in the Agent’s discretionPermitted Discretion) and shall be adjusted upward or downward based on all Term Committed Loans and repayments of Term Committed Loans received by the Agent as of 3:00 p.m. on the first Business Day (such date, the “Settlement Date”) following the end of the period specified by the Agent.
Appears in 1 contract
Samples: Credit Agreement (Cache Inc)
Settlement Amongst Lenders. (ia) The amount of each Lender’s Applicable Percentage of outstanding Term Loans Loans, shall be computed weekly (or more frequently in the Agent’s discretion) and shall be adjusted upward or downward based on all Term Loans and repayments of Term Loans received by the Agent as of 3:00 p.m. on the first Business Day (such date, the “Settlement Date”) following the end of the period specified by the Agent.
Appears in 1 contract
Settlement Amongst Lenders. (ia) The amount of each Lender’s Applicable Loan Percentage of outstanding Term the Loans shall be computed weekly monthly (or more frequently in the Agent’s reasonable discretion) and shall be adjusted upward or downward based on all Term Loans and repayments of Term the Loans received by the Agent as of 3:00 2:00 p.m. on the first Business Day (such date, the “Settlement Date”) following the end of the period specified by the Agent.
Appears in 1 contract
Settlement Amongst Lenders. (ia) The amount of each Lender’s 's Applicable Percentage of outstanding Term Loans shall be computed weekly (or more frequently in the Administrative Agent’s 's discretion) and shall be adjusted upward or downward based on all Term Revolving Loans and repayments of Term Loans received by the Administrative Agent as of 3:00 p.m. p.m., Boston time, on the first Business Day (such date, the “Settlement Date”) following the end of the period specified by the AgentAdministrative Agent (such date, the "Settlement Date").
Appears in 1 contract
Settlement Amongst Lenders. (ia) The amount of each Lender’s Applicable Percentage of outstanding Term Committed Loans shall be computed weekly (or more frequently in the Agent’s discretion) and shall be adjusted upward or downward based on all Term Committed Loans and repayments of Term Committed Loans received by the Agent as of 3:00 p.m. on the first Business Day (such date, the “Settlement Date”) following the end of the period specified by the Agent.
Appears in 1 contract
Samples: Credit Agreement
Settlement Amongst Lenders. (ia) The amount of each Lender’s Applicable Percentage of outstanding Term Loans shall be computed weekly (or more frequently in the Administrative Agent’s discretion) and shall be adjusted upward or downward based on all Term Loans and repayments of Term Loans received by the Administrative Agent as of 3:00 p.m. on the first Business Day (such date, the “Settlement Date”) following the end of the period specified by the Administrative Agent.
Appears in 1 contract
Samples: And Senior Secured (Quiksilver Inc)
Settlement Amongst Lenders. (i) The amount of each Lender’s Applicable Percentage of outstanding Term Loans shall be computed weekly (or more frequently in the Agent’s discretion) and shall be adjusted upward or downward based on all Term Loans and repayments of Term Loans received by the Agent as of 3:00 p.m. on the first Business Day (such date, the “Settlement Date”) following the end of the period specified by the Agent.
Appears in 1 contract
Samples: Credit Agreement (Lumber Liquidators Holdings, Inc.)
Settlement Amongst Lenders. (ia) The amount of each Lender’s Applicable Percentage of outstanding Term Loans (including, for clarity, outstanding Swing Line Loans), shall be computed weekly (or more frequently in the Agent’s discretion) and shall be adjusted upward or downward based on all Term Loans and repayments of Term Loans received by the Agent as of 3:00 p.m. Local Time on the first Business Day (such date, the “Settlement Date”) following the end of the period specified by the Agent.
Appears in 1 contract
Samples: Abl Credit Agreement (Lands End Inc)
Settlement Amongst Lenders. (ia) The amount of each Lender’s Applicable Percentage of outstanding Term Loans shall be computed weekly (or more frequently in the Administrative Agent’s discretion) and shall be adjusted upward or downward based on all Term Loans Loans) and repayments of Term Loans received by the Administrative Agent as of 3:00 p.m. on the first Business Day (such date, the “Settlement Date”) following the end of the period specified by the Administrative Agent.
Appears in 1 contract
