The Commitment and Loans Clause Samples

The Commitment and Loans. 26 Section 2.01Term Loan Commitments. .................................................................................... 26 Section 2.02 Revolving Credit Commitment. .......................................................................... 27 Section 2.04 Procedures for Revolving Credit Borrowing. ...................................................... 27 Section 2.04 Termination or Reduction of Revolving Credit Commitment. .........................

The Commitment and Loans. 2.1. Subject to the terms and conditions set forth herein, the Lender agrees to make loans to the Borrower in Dollars on the dates specified in Section 2.2 in an aggregate principal amount not to exceed the Commitment. The amount of the Commitment on the Closing Date is the Dollar Equivalent on the Closing Date of €500 million (i.e. $607,615,000). If the Term Loan Commitments under the Credit Agreement are increased pursuant to Section 2.22 thereof prior to the Restructuring Date (the amount of any such increase, the “Term Commitment Increase”), the Commitment under this Agreement will be automatically increased by the amount of the Term Commitment Increase. 2.2. On each date on which the Lender borrows a Term Loan under the Credit Agreement (other than with regard to Term Loans made after the Restructuring Date pursuant to Section 2.22 of the Credit Agreement), the Lender shall make, and the Borrower shall borrow, a Loan in the principal amount of the net cash proceeds of such Term Loan. The amount of the Loan made on the Closing Date shall be the Dollar Equivalent on the Closing Date of €50,000,000 (i.e. $60,761,500).

The Commitment and Loans