The Term A Borrowings. Subject to the terms and conditions set forth herein, each Term A Lender severally agrees to make loans to the Borrower on the Closing Date and on the Merger Date in an aggregate amount not to exceed such Term A Lender’s Term A Commitment. Each Term A Borrowing shall consist of Term A Loans made simultaneously by the Term A Lenders in accordance with their respective Applicable Percentages of the Term A Facility. Amounts borrowed under this Section 2.01(a) and repaid or prepaid may not be reborrowed. Term A Loans shall be denominated in Dollars and may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.
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Samples: Credit Agreement (Kinetic Concepts Inc /Tx/), Guarantee and Security Agreement (Kinetic Concepts Inc)
The Term A Borrowings. Subject to the terms and conditions set forth herein, each Term A Lender severally agrees to make loans convert an amount of its existing advances under the DHI Existing Revolvers equal to its Pro Rata Share of the Term A Facility to a Term A Loan to the Borrower on the Closing Date and on the Merger Date in an aggregate amount not to exceed such Term A Lender’s Term A CommitmentDate. Each The Term A Borrowing shall consist of Term A Loans made simultaneously by the Term A Lenders in accordance with their respective Applicable Percentages Pro Rata Share of the Term A Facility. Amounts borrowed under this Section 2.01(a) and repaid or prepaid may not be reborrowed. Term A Loans shall be denominated in Dollars and may be Base Rate Loans or Eurocurrency Eurodollar Rate Loans, as further provided herein.
Appears in 1 contract
Samples: Credit Agreement (Dynegy Inc /Il/)
The Term A Borrowings. Subject to the terms and conditions set forth herein, each Term A Lender severally agrees to make loans to the Borrower Co-Borrowers on the Closing Date and on the Merger Date in an aggregate amount not to exceed such Term A Lender’s Term A Commitment. Each Term A Borrowing shall consist of Term A Loans made simultaneously by the Term A Lenders in accordance with their respective Applicable Percentages of the Term A Facility. Amounts borrowed under this Section 2.01(a) and repaid or prepaid may not be reborrowed. Term A Loans shall be denominated in Dollars and may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.
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