Common use of The Term B Advances Clause in Contracts

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

Appears in 4 contracts

Samples: Credit Agreement (Amkor Technology Inc), Credit Agreement (Td Ameritrade Holding Corp), Credit Agreement (Steel Dynamics Inc)

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The Term B Advances. Each Term B Lender severally agrees, on the terms and conditions hereinafter set forth, to make a single advance (a "TERM Term B ADVANCEAdvance") to the Borrower on the Effective Closing Date in an amount not to exceed such Lender's Term B Commitment at such time. The Term B Borrowing shall consist of Term B Advances made simultaneously by the Term B Lenders ratably according to their Term B Commitments. Amounts borrowed under this Section 2.01(b2.1(b) and repaid or prepaid may not be reborrowed.

Appears in 3 contracts

Samples: Credit Agreement (Team Health Inc), Credit Agreement (Private Business Inc), Security Agreement (Inphynet South Broward Inc)

The Term B Advances. Each Term B Lender severally agrees, on the terms and conditions hereinafter set forth, to make a single advance (a "TERM “Term B ADVANCE"Advance”) to the Borrower on the Effective Date in an amount not to exceed such Lender's ’s Term B Commitment at such time. The Term B Borrowing shall consist of Term B Advances made simultaneously by the Term B Lenders ratably according to their Term B Commitments. Amounts borrowed under this Section 2.01(b2.01(a) and repaid or prepaid may not be reborrowed.

Appears in 3 contracts

Samples: First Lien Credit Agreement (Berliner Communications Inc), Credit Agreement (US Power Generating CO), Credit Agreement (Ntelos Holdings Corp)

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

Appears in 2 contracts

Samples: Credit Agreement (International Rectifier Corp /De/), Credit Agreement (Mediq Inc)

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

Appears in 1 contract

Samples: Credit Agreement (Afa Products Inc)

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

Appears in 1 contract

Samples: Credit Agreement (Lumos Networks Corp.)

The Term B Advances. Each Term B Lender severally agrees, on the terms and conditions hereinafter set forth, to make a single advance (a "TERM “Term B ADVANCE"Advance”) to the Term B Borrower on the Effective Date in an amount not to exceed such Lender's ’s Term B Commitment at such time. The Term B Borrowing shall consist of Term B Advances made simultaneously by the Term B Lenders ratably according to their Term B Commitments. Amounts borrowed under this Section 2.01(b2.01(a) and repaid or prepaid may not be reborrowed.

Appears in 1 contract

Samples: Credit Agreement (Maguire Properties Inc)

The Term B Advances. Each Initial Term B Lender severally agrees, on the terms and conditions hereinafter set forth, to make a single advance (a "TERM “Term B ADVANCE"Advance”) to the Borrower on the Effective Closing Date in an amount not equal to exceed such Lender's ’s Term B Commitment at 41 such time. The Term B Borrowing shall consist of Term B Advances made simultaneously by the Term B Lenders ratably according to their Term B Commitments. Amounts borrowed Advances made or deemed made under this Section 2.01(b) and repaid or prepaid may not be reborrowed.

Appears in 1 contract

Samples: Credit Agreement (Lumos Networks Corp.)

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The Term B Advances. Each Term B Lender severally agrees, on the terms and conditions hereinafter set forth, to make a single advance (a "TERM Term B ADVANCEAdvance") to the Borrower Company on the Effective Date date of the Initial Extension of Credit in an amount not to exceed such Lender's Term B Commitment at such time. The Term B Borrowing shall consist of Term B Advances made simultaneously by the Term B Lenders ratably according to their Term B Commitments. Amounts borrowed under this Section 2.01(b) and repaid or prepaid may not be reborrowed.

Appears in 1 contract

Samples: Credit Agreement (WHX Corp)

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

Appears in 1 contract

Samples: Credit Agreement (Key3media Group Inc)

The Term B Advances. Each Term B Lender severally agrees, on the terms and conditions hereinafter set forth, to make a single advance (a "TERM “Term B ADVANCE"Advance”) to the Borrower on the Effective Closing Date in an amount not to exceed such Lender's ’s Term B Commitment at such time. The Term B Borrowing shall consist of Term B Advances made simultaneously by the each Term B Lenders ratably according Lender in an amount equal to their its Pro Rata Share of the aggregate Term B Commitments. Amounts borrowed under this Section 2.01(b2.01(a) and repaid or prepaid may not be reborrowed.

Appears in 1 contract

Samples: Credit Agreement (Madison River Capital LLC)

The Term B Advances. Each Initial Term B Lender severally agrees, on the terms and conditions hereinafter set forth, to make a single advance (a "TERM “Term B ADVANCE"Advance”) to the Borrower on the Effective Closing Date in an amount not to exceed such Lender's ’s Term B Commitment at such time. The Term B Borrowing shall consist of Term B Advances made simultaneously by the Term B Lenders ratably according to their Term B Commitments. Amounts borrowed Advances made or deemed made under this Section 2.01(b2.01(a) and repaid or prepaid may not be reborrowed.

Appears in 1 contract

Samples: Credit Agreement (Ntelos Holdings Corp)

The Term B Advances. Each Term B Lender severally agrees, on the terms and conditions hereinafter set forth, to make a single advance (a "TERM “Term B ADVANCE"Advance”) to the Borrower on the Effective Date in an amount not to exceed such Lender's ’s Term B Commitment at such time. The Term B Borrowing shall consist of Term B Advances made simultaneously by the Term B Lenders ratably according to their Term B Commitments. Amounts borrowed under this Section 2.01(b2.01(a) and repaid or prepaid may not be reborrowed.

Appears in 1 contract

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

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