Common use of The Term B Credit Clause in Contracts

The Term B Credit. Each Lender severally agrees, on the terms and conditions set forth herein, to make a single loan to the Company (each such loan, a "Term B Loan") on the Closing Date in an amount not to exceed such Lender's Term B Percentage of $25,000,000. Amounts borrowed as Term B Loans which are repaid or prepaid by the Company may not be reborrowed. The Term B Commitments shall expire concurrently with the making of the Term B Loans on the Closing Date.

Appears in 2 contracts

Samples: Credit Agreement (Fiberite Holdings Inc), Credit Agreement (Next Wave Telecom Inc)

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The Term B Credit. Each Lender severally agrees, on the terms and conditions set forth herein, to make a single loan to the Company (each such loan, a "Term B Loan") on the Closing Date in an amount not to exceed such Lender's Term B Percentage of $25,000,00042,301,587.30. Amounts borrowed as Term B Loans which are repaid or prepaid by the Company may not be reborrowed. The Term B Commitments shall expire concurrently with the making of the Term B Loans on the Closing Date.

Appears in 1 contract

Samples: Credit Agreement (Nebco Evans Holding Co)

The Term B Credit. Each Term B Lender severally agrees, on the terms and conditions set forth herein, to make a single loan to the Company (each such loan, a "Term B Loan") on the Closing Restatement Date in an amount not to exceed such Term B Lender's Term B Percentage of $25,000,000150,000,000. Amounts borrowed as Term B Loans which are repaid or prepaid by the Company may not be reborrowed. The Term B Commitments shall expire concurrently with the making of the Term B Loans on the Closing Restatement Date.

Appears in 1 contract

Samples: Credit Agreement (Del Monte Foods Co)

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The Term B Credit. Each Term B Lender severally agrees, on the terms and conditions set forth herein, to make a single loan to the Company (each such loan, a "Term B Loan") on the Closing Date in an amount not to exceed such Term B Lender's Term B Percentage of $25,000,000180,000,000. Amounts borrowed as Term B Loans which are repaid or prepaid by the Company may not be reborrowed. The Term B Commitments shall expire concurrently with the making of the Term B Loans on the Closing Date.

Appears in 1 contract

Samples: Credit Agreement (Del Monte Foods Co)

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