Term Loan A Commitment. As to each Term Loan A Lender, the amount equal to such Term Loan A Lender’s Term Loan A Commitment Percentage of the aggregate principal amount of the Term Loans A from time to time Outstanding to the Borrower.
Term Loan A Commitment. Subject to the terms and conditions set forth herein, each Lender severally agrees to make its portion of a single term loan (the “Term Loan A”) to the Borrower in Dollars in one advance on the Closing Date in a principal amount equal to the Term Loan A Commitment of such Lender. The Term Loan A may be, from time to time, Base Rate Loans or SOFR Loans or a combination thereof; provided, that on the Closing Date the Term Loan A shall be Base Rate Loans unless the Administrative Agent shall have received a funding indemnity letter in form and substance reasonably satisfactory to the Administrative Agent. The execution and delivery of this Agreement by the Borrower and the satisfaction of all conditions precedent pursuant to Section 3.1 shall be deemed to constitute the Borrower’s request to borrow the Term Loan A on the Closing Date. Amounts repaid on the Term Loan A may not be reborrowed.
Term Loan A Commitment. Immediately prior to the Effective Date, the aggregate outstanding principal amount of term loans under the Existing Credit Agreement was $84,375,000. Subject to the terms and conditions set forth in this Agreement, on the Effective Date, each Lender holding a Term Loan A Commitment agrees to (x) extend the maturity date of its portion of the outstanding term loan under the Existing Credit Agreement to the Maturity Date applicable to the Term Loan A and (y) make an advance in the amount of its Pro Rata Share of the $15,625,000 being advanced to the Borrower on the Effective Date (and, to the extent necessary such that the portion of such extended Term Loans held by such Lender equals such Lender’s Term Loan A Commitment, make additional advances and/or permit the reallocation of its Term Loans among the other Lenders holding Term Loan A Commitments) (such extended Term Loans and any new Term Loans advanced pursuant to this Section 2.5, collectively, the “Term Loan A”). The Term Loan A may be, from time to time, a Base Rate Loan or a Eurodollar Loan or a combination thereof.
Term Loan A Commitment. Immediately prior to the Effective Date, the aggregate outstanding principal amount of the Term Loan A under the Existing Credit Agreement was Two-Hundred Forty Million Six-Hundred Twenty-Five Thousand Dollars ($240,625,000) (the “Existing Term Loans”). Subject to the terms and conditions set forth herein, (i) the Existing Term Loans shall each be deemed to be a portion of the Term Loan A hereunder, and (ii) each Lender severally agrees to make an advance under the Term Loan A to the Borrower on the Effective Date in a principal amount equal to its Pro Rata Share of an additional Ninety-Four Million Three-Hundred Seventy-Five Thousand Dollars ($94,375,000) being advanced on the Effective Date (for an aggregate principal amount of the Term Loan A on the Effective Date of Three-Hundred Thirty-Five Million Dollars ($335,000,000)), of which: (a) an aggregate amount of up to the Effective Date Special Dividend Cap Amount will be used to finance the Effective Date Special Dividend; and (b) the remainder of which will be used to (i) refinance all Revolving Loans (as defined in the Existing Credit Agreement) under the Existing Credit Agreement that are outstanding immediately prior to the Effective Date, and (ii) finance payment of fees and expenses in connection with the credit facilities extended under this Agreement and payment of the Effective Date Special Dividend. The Term Loan A may be, from time to time, Base Rate Loans, LIBOR Index Rate Loans or Eurodollar Loans, or a combination thereof; provided, that, on the Effective Date, any newly advanced portion of the Term Loan A shall be Base Rate Loans or LIBOR Index Rate Loans, unless the Administrative Agent shall have received a funding indemnity letter in form and substance reasonably satisfactory to the Administrative Agent. The execution and delivery of this Agreement by the Borrower, and the satisfaction of all conditions precedent pursuant to Section 3.1, shall be deemed to constitute the Borrower’s request to borrow that portion of the Term Loan A being advanced on the Effective Date. Amounts repaid on the Term Loan A may not be reborrowed.
Term Loan A Commitment. Each Lender agrees to make term loans to the Borrowers (each such loan, a "Term Loan A"), on the terms and conditions herein set forth, in amounts and on the additional terms and conditions set forth below:
(a) on the Closing Date, each Lender agrees to make a term loan to the Borrowers in such Lender's Pro Rata Share of $8,337,878 (collectively, the "Initial Term Loans A"); and
(b) on any Business Day during the period commencing on the first Business Day after the Closing Date through and including September 1, 2000 (or through and excluding the date on which the Term Loan A Maximum Amount otherwise is reduced to zero in accordance with the terms hereof), each Lender agrees to make additional term loans to the Borrowers in such Lender's Pro Rata Share of the respective amounts requested by the Borrower in accordance with Section 2.2.2 (each, a "Subsequent Term Loan A" and collectively, the "Subsequent Term Loans A"); provided, that, in addition to the conditions set forth in Section 2.2.2, (i) any notice given to the Agent in respect of any proposed borrowing of a Subsequent Term Loan A in accordance with the terms hereof shall specifically state that such borrowing is to be a Subsequent Term Loan A, (ii) the Borrowers shall be permitted to borrow a Subsequent Term Loan A no more frequently than once in any calendar week and (iii) the aggregate amount of any Subsequent Term Loan A shall be in an amount of at least $100,000 and an integral multiple of $100,000 but not to exceed $500,000; provided, further, that, subject to the penultimate sentence of this paragraph, in the event that any or all of the conditions precedent to the obligation of the Lenders to make any Subsequent Term Loan A shall not have been satisfied on the respective date of funding set forth in clause (b) above and the Lenders shall have refused to fund such Subsequent Term Loan A, and such condition or conditions thereafter shall have been cured or waived in writing by the Required Lenders, then the Lenders shall make such respective Subsequent Term Loans A on the date such condition or conditions precedent shall have been so cured or waived. The aggregate amount of such Term Loans A (inclusive of the Initial Term Loan A and each Subsequent Term Loan A) shall not exceed $11,150,000 (as such amount may be reduced from time to time in accordance with Section 6.1 prior to September 1, 2000,the "Term Loan A Maximum Amount"; provided, that the Term Loan A Maximum Amount automatically furth...
Term Loan A Commitment. Name and Address Term Loan A Loans prior to the First Amendment Effective Date First Amendment Incremental Term Commitment Term Loan A Commitment Percentage
Term Loan A Commitment. Subject to the terms and conditions of this Agreement and the other Loan Documents, and in reliance upon the representations and warranties of Borrower set forth herein and in the other Loan Documents, the Bank agrees to make a Term Loan A equal to the Term Loan A Commitment. The undrawn balance of the Term Loan A Commitment shall be available to Borrower in a single principal advance on such date as the conditions set forth in Section 3 shall have been satisfied. Term Loan A shall be used by Borrower to refinance existing senior indebtedness and to fund a portion of the transaction costs associated with the transactions contemplated by the terms of the Merger Agreement. Term Loan A may be prepaid in whole or in part at any time without penalty, but shall be due in full on the Maturity Date, unless the credit extended under the Term Loan A is otherwise accelerated, terminated or extended as provided in this Agreement.
Term Loan A Commitment. Subject to the terms and conditions of this Agreement, each Facility A Lender with a Term Loan A Commitment agrees to make a loan to the Borrowers (each such loan, a “Term Loan A”) on the Closing Date in such Facility A Lender’s Pro Rata Share of the Term Loan A Commitment. The Commitments of the Facility A Lenders to make the Term Loan A shall be satisfied fully upon the making of the Term Loan A on the Closing Date. Amounts repaid with respect to any Term Loan A may not be reborrowed.
Term Loan A Commitment. Subject to the terms and conditions set forth herein, each Lender severally agrees to make its portion of a single term loan (the “Term Loan A”) to the Borrower in one advance on the Closing Date in a principal amount equal to the Term Loan A Commitment of such Lender. The Term Loan A may be, from time to time in the Borrower’s discretion (subject to the terms of this Agreement), Base Rate Loans, LIBOR Index Rate Loans or Eurodollar Loans or a combination thereof; provided, that on the Closing Date the Term Loan A shall be Base Rate Loans unless the Administrative Agent shall have received a funding indemnity letter in form and substance reasonably satisfactory to the Administrative Agent. The execution and delivery of this Agreement by the Borrower and the satisfaction of all conditions precedent pursuant to Section 3.1 shall be deemed to constitute the Borrower’s request to borrow the Term Loan A on the Closing Date. Amounts repaid on the Term Loan A may not be reborrowed.
Term Loan A Commitment. The Lenders who issued a Term Loan A Commitment, agree , severally, in accordance with their respective Commitment Ratios, and not jointly, upon the terms and subject to the conditions of this Agreement, to lend to the Borrower in multiple installments prior to the Term Loan A Draw Termination Date an amount not to exceed the Term Loan A Commitment. Subject to the terms and conditions hereof, Advances under the Term Loan A Commitment may be repaid and reborrowed to effect a change in the Interest Rate Basis or Interest Periods relating thereto; provided, however, that the Borrower may only request Advances under the Term Loan A Commitment after the Term Loan B Commitment has been drawn in full; and provided further, however, that there shall be no increase in the principal amount outstanding under the Term Loan A Commitment after the Term Loan A Draw Termination Date.
