THE SENIOR CREDIT NOTES Sample Clauses

THE SENIOR CREDIT NOTES. To evidence the Advances to be made by the Lenders pursuant to this Agreement, the Companies agree to execute and deliver to each Lender a Senior Credit Note in a face principal amount equal to that Lender’s Committed Sum and dated the same date as this Agreement (or dated with such other appropriate date as shall be agreed upon by the Companies, that Lender and the Agent if the effective date of that Lender’s joinder in this Agreement is after its Effective Date), and to evidence the Swing Line Advances to be made by JPMorgan, the Companies agree to execute and deliver to JPMorgan the Swing Line Note in face principal amount equal to the Swing Line Limit. If any Lender’s Committed Sum shall be increased for any reason after the Companies shall have issued that Lender its Senior Credit Note, then the Companies agree to execute and deliver to that Lender upon its request a renewal Senior Credit Note in a face principal amount equal to the portion of that Lender’s new Committed Sum and dated the same date that such applicable Committed Sum change becomes (or became) effective. If the Swing Line Limit shall be increased for any reason, then the Companies agree to execute and deliver to that Lender upon its request a renewal Swing Line Note in a face principal amount equal to the new Swing Line Limit and dated the same date that such Swing Line Limit change becomes (or became) effective. If the Swing Line Limit shall be reduced below what the Swing Line Limit is on the Effective Date for any reason, the maximum Borrowings outstanding under the Swing Line Note then or on any day thereafter shall be limited to the Swing Line Limit on such day, irrespective of the fact that the face principal amount of the Swing Line Note may be greater than
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THE SENIOR CREDIT NOTES. To evidence the Advances to be made by the Lenders pursuant to this Agreement, the Companies agree to execute as comakers and deliver to each Lender a Senior Credit Note in a face principal amount equal to that Lender's Committed Sum and dated the same date as this Agreement (or dated with such other appropriate date as shall be agreed upon by the Companies, that Lender and the Agent if the effective date of that Lender's joinder in this Agreement is after its Effective Date). If any Lender's Committed Sum shall be increased for any reason after the Companies shall have issued that Lender its Senior Credit Note, then the Companies agrees to execute as comakers and deliver to that Lender upon its request a renewal Senior Credit Note in a face principal amount equal to the portion of that Lender's new Committed Sum and dated the same date that such applicable Committed Sum change becomes (or became) effective. Notwithstanding any other inconsistent or contrary provision of this Agreement or any of the other Facilities Papers, whether or not -- for any reason, at any time or from time to time -- the Borrowings in the aggregate exceed the sum of the face amounts of the Senior Credit Notes, all Borrowings are part of the Obligations and all of the Obligations are and shall be secured by all Collateral.
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THE SENIOR CREDIT NOTES. 37 5 INTEREST, PRINCIPAL AND FEES PAYMENTS.......................................................... 38 5.1. Interest.................................................................................. 38 5.2. Interest Rates............................................................................ 38 5.3. Principal................................................................................. 39 5.4. Interest (and Principal) Due at Maturity.................................................. 40 5.5. Rate of Return Maintenance Covenant....................................................... 40 5.6. Chief Credit Officer's Certificate Conclusive............................................. 42 5.7. Facility Fee.............................................................................. 42 5.8. Agent's Fee............................................................................... 43 5.9. Prepayments............................................................................... 43 5.10. Payments.................................................................................. 43 5.11. Pro Rata Distribution of Payments......................................................... 44 5.12. Chapter 346 Inapplicable.................................................................. 45
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Related to THE SENIOR CREDIT NOTES

  • The Credit Facility 2.1 The Revolving Credit Facility Each Lender severally agrees, on the terms and conditions set forth herein, to make loans to the Borrower (each such loan, a “Revolving Loan”) from time to time on any Business Day during the period from the Closing Date to the Revolving Termination Date, in an aggregate amount not to exceed at any time outstanding, together with the principal amount of Term Loans outstanding in favor of such Lender at such time, the amount set forth next to such Lender’s name on Schedule 1 (such amount together with the Lender’s Pro Rata Share of the Term Commitment, as the same may be reduced under Section 2.10 or as a result of one or more assignments under Section 10.8, the Lender’s “Commitment”); provided, however, that, after giving effect to any Borrowing of Revolving Loans, the Effective Amount of all outstanding Revolving Loans shall not at any time exceed the combined Commitments; and provided further that the Effective Amount of the Revolving Loans, together with all Term Loans outstanding at such time, of any Lender shall not at any time exceed such Lender’s Commitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.1, prepay under Section 3.3 and reborrow under this Section 2.1.

  • Credit Agreement and Notes This Agreement and the Notes executed by each party thereto;

  • Revolving Credit Notes The Obligation of the Borrower to repay the aggregate unpaid principal amount of the Revolving Credit Loans made to it by each Bank, together with interest thereon, shall be evidenced by a Revolving Credit Note dated the Closing Date payable to the order of such Bank in a face amount equal to the Revolving Credit Commitment of such Bank.

  • Revolving Notes The Revolving Loans made by each Lender shall be evidenced by a duly executed promissory note of the Borrower to such Lender in an original principal amount equal to such Lender's Revolving Commitment Percentage of the Revolving Committed Amount and in substantially the form of Exhibit 2.1(e).

  • The Credit Agreement (b) The Notes executed by the Borrower and delivered on the date hereof. The documents described in the foregoing clauses (a) and (b) are collectively referred to herein as the “Opinion Documents.” We have also reviewed originals or copies of such other agreements and documents as we have deemed necessary as a basis for the opinion expressed below. In our review of the Opinion Documents and other documents, we have assumed:

  • Revolver Notes The Revolver Loans made by each Lender and interest accruing thereon shall be evidenced by the records of Agent and such Lender. At the request of any Lender, Borrowers shall deliver a Revolver Note to such Lender.

  • (b) of the Credit Agreement Section 2.5(b) of the Credit Agreement is hereby amended and restated to read in its entirety as follows:

  • Credit Agreement; Loan Documents This Agreement or counterparts hereof shall have been duly executed by, and delivered to, Borrowers, each other Credit Party, Agent and Lenders; and Agent shall have received such documents, instruments, agreements and legal opinions as Agent shall reasonably request in connection with the transactions contemplated by this Agreement and the other Loan Documents, including all those listed in the Closing Checklist attached hereto as Annex D, each in form and substance reasonably satisfactory to Agent.

  • The Credit Facilities Section 2.1 The Revolving Credit Facility.

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