Common use of Term Loan B Clause in Contracts

Term Loan B. (i) Subject to the terms and conditions hereof, each Term Lender agrees to make a term loan on the Term Loan B Funding Date to Borrower (the "Term Loan B") in the original principal amount of its Term Loan B Commitment. The obligations of each Term Lender hereunder shall be several and not joint. Each Term Loan B shall be evidenced by promissory notes substantially in the form of Exhibit 1.1

Appears in 2 contracts

Sources: Credit Agreement (Code Alarm Inc), Credit Agreement (Code Alarm Inc)

Term Loan B. (i1) Subject to the terms and conditions hereof, each Term Loan B Lender agrees to make a term loan on the Term Loan B Funding Date to Borrower (collectively, the "Term Loan B") in to Borrowers on the original principal amount of its Term Loan B CommitmentClosing Date. The obligations of each Term Loan B Lender hereunder shall be several and not joint. Each such Term Loan B shall be evidenced by a promissory notes note substantially in the form of Exhibit 1.1

Appears in 1 contract

Sources: Credit Agreement (Allied Holdings Inc)

Term Loan B. (i) Subject to the terms and conditions hereof, each Term B Lender agrees to make a term loan on the Term Loan B Funding Closing Date to Borrower (the "Term Loan B") Borrowers in the original principal amount of its Term Loan B CommitmentCommitment (the "Term Loan B"). The obligations of each Term B Lender hereunder shall be several and not joint. Each Term Loan B shall be evidenced by promissory notes substantially in the form of Exhibit 1.1

Appears in 1 contract

Sources: Inertial Products Purchase Agreement (Wpi Group Inc)