Common use of Term Loan A Loans Clause in Contracts

Term Loan A Loans. The Lenders having Term Loan A Commitments agree severally, and not jointly, upon the terms and subject to the conditions of this Agreement to lend to the Borrower, on the Agreement Date, amounts which do not exceed, (i) in the aggregate at any one time outstanding, the Term Loan A Commitments and, (ii) individually, such Lender's Term Loan A Commitment, in each case, as in effect from time to time; PROVIDED, HOWEVER that amounts repaid under the Term Loan A Commitments may not be reborrowed.

Appears in 2 contracts

Samples: Loan Agreement (Rural Cellular Corp), Security Agreement (Rural Cellular Corp)

AutoNDA by SimpleDocs

Term Loan A Loans. The Lenders having who issued a Term Loan A Commitments agree Commitment agree, severally, and not jointly, upon the terms and subject to the conditions of this Agreement Agreement, to lend to the Borrower, on the Agreement Date, amounts which do Date an amount not exceed, to exceed (i) in the aggregate at any one time outstanding, the Term Loan A Commitments and, (ii) individually, such Lender's ’s Term Loan A Commitment. Once repaid, in each case, as in effect from time to time; PROVIDED, HOWEVER that amounts repaid Advances under the Term Loan A Commitments may not be reborrowed.

Appears in 1 contract

Samples: Loan Agreement (American Tower Corp /Ma/)

AutoNDA by SimpleDocs

Term Loan A Loans. The Lenders having who issued a Term Loan A Commitments agree Commitment agree, severally, and not jointly, upon the terms and subject to the conditions of this Agreement Agreement, to lend to the BorrowerBorrowers (on a joint and several basis), on the Agreement Date, amounts which do Date an amount not exceed, to exceed (i) in the aggregate at any one time outstanding, the Term Loan A Commitments and, (ii) individually, such Lender's ’s Term Loan A Commitment. Once repaid, in each case, as in effect from time to time; PROVIDED, HOWEVER that amounts repaid Advances under the Term Loan A Commitments may not be reborrowed.

Appears in 1 contract

Samples: Loan Agreement (American Tower Corp /Ma/)

Time is Money Join Law Insider Premium to draft better contracts faster.