Common use of The Term Advances Clause in Contracts

The Term Advances. Each Term Lender severally agrees, on the terms and conditions hereinafter set forth, to make a single advance (a “Term Advance”) to any Borrower on the Effective Date in an amount not to exceed such Lender’s Term Commitment. The Term Borrowing shall consist of Term Advances made simultaneously by the Term Lenders ratably according to their Term Commitments. Amounts borrowed under this Section 2.01(c) and repaid or prepaid may not be reborrowed.

Appears in 3 contracts

Samples: Credit Agreement (Lubrizol Corp), Credit Agreement (Lubrizol Corp), Credit Agreement (Lubrizol Corp)

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The Term Advances. Each Term Lender severally agrees, on the terms and conditions hereinafter set forth, to make a single advance (a “Term Advance”) to any the Borrower on the Effective Date in an amount not to exceed such Lender’s Term CommitmentCommitment at such time. The Term Borrowing shall consist of Term Advances made simultaneously by the Term Lenders ratably according to their Term Commitments. Amounts borrowed under this Section 2.01(c) 2.01 and repaid or prepaid may not be reborrowed.

Appears in 3 contracts

Samples: Intercreditor Agreement (Express Parent LLC), Credit Agreement (Express Parent LLC), Credit Agreement (Metrologic Instruments Inc)

The Term Advances. Each Term Lender severally agrees, on the terms and conditions hereinafter set forth, to make a single advance (a “Term Advance”"TERM ADVANCE") to any the Borrower on the Effective Date in an amount not to exceed such Lender’s 's Term CommitmentCommitment at such time. The Term Borrowing shall consist of Term Advances made simultaneously by the Term Lenders ratably according to their Term Commitments. Amounts borrowed under this Section 2.01(c2.01(a) and repaid or prepaid may not be reborrowed.

Appears in 3 contracts

Samples: Credit Agreement (Nacco Industries Inc), Credit Agreement (Alliance Resource Partners Lp), Credit Agreement (Alliance Resource Partners Lp)

The Term Advances. Each Term Lender severally agrees, on the terms and conditions hereinafter set forth, to make a single advance (a “Term Advance”) to any the Borrower on the Effective Closing Date in an amount not to exceed such Lender’s Term CommitmentCommitment at such time. The Term Borrowing shall consist of Term Advances made simultaneously by the Term Lenders ratably according to their Term Commitments. Amounts borrowed under this Section 2.01(c2.01(a) and repaid or prepaid may not be reborrowed.

Appears in 3 contracts

Samples: Credit Agreement (Neustar Inc), Credit Agreement (Neustar Inc), Credit Agreement (Landrys Restaurants Inc)

The Term Advances. Each Term Lender severally agrees, on the terms and conditions hereinafter set forth, to make a single advance (a “Term Advance”) to any the Borrower on the Effective Date in an amount not to exceed such Lender’s Term CommitmentCommitment at such time. The Term Borrowing shall consist of Term Advances made simultaneously by the Term Lenders ratably according to their Term Commitments. Amounts borrowed under this Section 2.01(c2.01(a) and repaid or prepaid may not be reborrowed.

Appears in 2 contracts

Samples: Intellectual Property Security Agreement (TLC Vision Corp), Credit Agreement (Nacco Industries Inc)

The Term Advances. Each Term Lender severally agrees, on the terms and conditions hereinafter set forth, to make a single advance (a “Term Advance”) to any Borrower the Company on the Effective Date in an amount not to exceed such Lender’s Term CommitmentCommitment at such time. The Term Borrowing shall consist of Term Advances made simultaneously by the Term Lenders ratably according to their Term Commitments. Amounts borrowed under this Section 2.01(c2.01(b) and repaid or prepaid may not be reborrowed.

Appears in 1 contract

Samples: Credit Agreement (Metrologic Instruments Inc)

The Term Advances. Each Term Lender severally agrees, on the terms and conditions hereinafter set forth, to make a single advance (a “Term Advance”"TERM ADVANCE") to any the Borrower on the Effective Date in an amount not to exceed such Lender’s 's Term Commitment. The Term Borrowing shall consist Commitment at such time, consisting of Term Advances made simultaneously by the Term Lenders ratably according to their Term Commitments. Amounts borrowed under this Section 2.01(c2.01(a) and repaid or prepaid may not be reborrowed.

Appears in 1 contract

Samples: Open Solutions Inc

The Term Advances. Each Term Lender severally agrees, on the terms and conditions hereinafter set forth, to make a single advance (a “Term Advance”"TERM ADVANCE") to any the Borrower on the Effective Date in an amount not to exceed such Term Lender’s 's Term CommitmentCommitment at such time. The Term Borrowing shall consist of Term Advances made simultaneously by the Term Lenders ratably according to their Term Commitments. Amounts borrowed under this Section 2.01(c2.01(a) and repaid or prepaid may not be reborrowed.

Appears in 1 contract

Samples: Aircraft Security Agreement (Amr Corp)

The Term Advances. Each Term Lender severally agrees, on the terms and conditions hereinafter set forth, to make a single advance (a “Term Advance”) Advances to any the Borrower on the Effective Date in an aggregate amount not to exceed such Term Lender’s Term Commitment. The Term Borrowing shall consist of Term Advances made simultaneously by the Term Lenders ratably according to their Term Commitments. Amounts borrowed under pursuant to this Section 2.01(c2.01(a) and repaid or prepaid may not be reborrowed.

Appears in 1 contract

Samples: Credit Agreement (Alliance Resource Partners Lp)

The Term Advances. Each Term Lender severally agrees, on the terms and conditions hereinafter set forth, to make a single advance (a "Term Advance") to any the Term Borrower on the Effective Funding Date in an amount not to exceed such Lender’s 's Term CommitmentCommitment at such time. The Term Borrowing shall consist of Term Advances made simultaneously by the Term Lenders ratably according to their Term Commitments. Amounts borrowed under this Section 2.01(c) and repaid or prepaid may not be reborrowed.

Appears in 1 contract

Samples: Credit Agreement (Imc Global Inc)

The Term Advances. Each Term Lender severally agrees, on the terms and conditions hereinafter set forth, to make advances (each, a single advance (a “"Term Advance") to any the Borrower on any Business Day on or after the Effective Date and before July 31, 2005 in an amount not to exceed such Lender’s 's Term CommitmentCommitment at such time. The Term Borrowing shall consist of Term Advances made simultaneously by the Term Lenders ratably according to their Term Commitments. Amounts borrowed under this Section 2.01(c) and repaid or prepaid may not be reborrowed.

Appears in 1 contract

Samples: Credit Agreement (Coventry Health Care Inc)

The Term Advances. Each Term Lender severally agrees, on the terms and conditions hereinafter set forth, to make a single advance (a "Term Advance") to the Borrower at any Borrower time on or after the Effective Date but in any event on or prior to April 1, 1997 in an amount not to exceed such Lender’s 's Term CommitmentCommitment at such time. The Term Borrowing shall consist of Term Advances made simultaneously by the Term Lenders ratably according to their Term Commitments. Amounts borrowed under this Section 2.01(c) 2.01 and repaid or prepaid may not be reborrowed.

Appears in 1 contract

Samples: Revolving Credit Agreement (Andrews Group Inc /De/)

The Term Advances. Each Term Lender severally agrees, on the terms and conditions hereinafter set forth, to make a single advance (a "Term Advance") to any the Borrower on the Effective Date in an amount not to exceed such Lender’s 's Term CommitmentCommitment at such time. The Term Borrowing shall consist of Term Advances made simultaneously by the Term Lenders ratably according to their Term Commitments. Amounts borrowed under this Section 2.01(c2.01(a) and repaid or prepaid may not be reborrowed.

Appears in 1 contract

Samples: Credit Agreement (Warnaco Group Inc /De/)

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The Term Advances. Each Term Lender severally agrees, on the terms and conditions hereinafter set forth, to make a single advance (a “Term Advance”) to any the Borrower on the Effective Date in an amount not to exceed such Lender’s Term Commitment. The Term Borrowing shall consist Commitment at such time, consisting of Term Advances made simultaneously by the Term Lenders ratably according to their Term Commitments. Amounts borrowed under this Section 2.01(c2.01(a) and repaid or prepaid may not be reborrowed.

Appears in 1 contract

Samples: Credit Agreement (Triple Crown Media, Inc.)

The Term Advances. Each Term Lender severally agrees, on the terms and conditions hereinafter set forth, to make a single advance (a "Term Advance") to any the Borrower on the Effective Date date hereof in an amount not to exceed such Lender’s 's Term CommitmentCommitment at such time. The Term Borrowing shall consist of Term Advances made simultaneously by the Term Lenders ratably according to their Term Commitments. Amounts borrowed under this Section 2.01(c2.01(a) and repaid or prepaid may not be reborrowed.

Appears in 1 contract

Samples: Credit Agreement (Central Tractor Farm & Country Inc)

The Term Advances. Each Term Lender severally agrees, on the terms and conditions hereinafter set forth, to make a single advance (a “Term Advance”) to any the Borrower on the Effective Date in an amount not to exceed such Lender’s Term CommitmentCommitment at such time. The Term Borrowing shall consist of Term Advances made simultaneously by the Term Lenders ratably according to their Term Commitments. Amounts borrowed under this Section 2.01(c) 2.01 and repaid or prepaid may not be reborrowed.

Appears in 1 contract

Samples: Second Lien Credit Agreement (Dynegy Inc /Il/)

The Term Advances. Each Term Lender severally agrees, on the terms and conditions hereinafter set forth, to make a single advance (a "Term Advance") to any the Borrower on the Effective Date March 30, 1998 in an amount not to exceed such Lender’s 's Term CommitmentCommitment at such time. The Term Borrowing shall consist of Term Advances made simultaneously by the Term Lenders ratably according to their Term Commitments. Amounts borrowed under this Section 2.01(c2.01(a) and repaid or prepaid may not be reborrowed.

Appears in 1 contract

Samples: Credit Agreement (Applebees International Inc)

The Term Advances. Each Term Lender severally agrees, on the terms and conditions hereinafter set forth, to make a single advance (a "Term Advance") to any the Borrower on the Effective Closing Date in an amount not to exceed such Lender’s 's Term CommitmentCommitment at such time. The Term Borrowing shall consist of Term Advances made simultaneously by the Term Lenders ratably according to their Term Commitments. Amounts borrowed under this Section 2.01(c2.1(a) and repaid or prepaid may not be reborrowed.

Appears in 1 contract

Samples: Credit Agreement (Audio Book Club Inc)

The Term Advances. Each Term Lender severally agrees, on the terms and conditions hereinafter set forth, to make a single advance (a “Term Advance”) to any the U.S. Borrower on the Effective Closing Date in an amount not to exceed of such Lender’s Term CommitmentCommitment at such time. The Term Borrowing shall consist of Term Advances made simultaneously by the Term Lenders ratably according to their Term Commitments. Amounts borrowed under this Section 2.01(c2.01(a) and repaid or prepaid may not be reborrowed.

Appears in 1 contract

Samples: Credit Agreement (Accuride Corp)

The Term Advances. Each Term Lender severally agrees, on the terms and conditions hereinafter set forth, to make a single advance (a “Term Advance”) to any the Borrower on the Amendment No. 1 Effective Date in an amount not to exceed such Lender’s Term CommitmentCommitment at such time. The Term Borrowing shall consist of Term Advances made simultaneously by the Term Lenders ratably according to their Term Commitments. Amounts borrowed under this Section 2.01(c2.01(d) and repaid or prepaid may not be reborrowed.

Appears in 1 contract

Samples: Credit Agreement (Steel Dynamics Inc)

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