Common use of Tranche A Loans Clause in Contracts

Tranche A Loans. Subject to the terms and conditions of this Agreement (including, without limitation, Section 2.13(a) and Article 6), each Tranche A Lender severally agrees to make one or more loans to the Borrower from time to time from and including the New Advance Date to but excluding the Tranche A Commitment Termination Date up to but not exceeding the amount of such Tranche A Lender's Tranche A Commitment as then in effect. Notwithstanding anything to the contrary contained in this Agreement, the Borrower, the Administrative Agent and the Lenders agree that, as of the Closing Date, the aggregate outstanding principal amount of the Original Tranche A Loans is $3,114,890.03, which amount shall be deemed outstanding as Tranche A Loans hereunder. (Such loans referred to in this Section 2.1(a) now or hereafter made or deemed made by the Tranche A Lenders to the Borrower, including, without limitation, such loans which remain outstanding after the Tranche A Commitment Termination Date, are hereinafter collectively called the "Tranche A Loans".) The Borrower may not reborrow the Tranche A Loans which have been repaid. The parties hereto hereby agree that, as of the Closing Date, the aggregate outstanding principal amount of the Tranche A Loans is $3,114,890.03.

Appears in 2 contracts

Samples: Credit Agreement (Alamosa Holdings Inc), Credit Agreement (Alamosa PCS Holdings Inc)

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Tranche A Loans. Subject to the terms and conditions of this Agreement (including, without limitation, Section 2.13(a) and Article 6)), each Tranche A Lender severally agrees to make one or more loans to the Borrower from time to time from and including the New Advance Closing Date to but excluding the Tranche A Commitment Termination Date up to but not exceeding the amount of such Tranche A Lender's Tranche A Commitment as then in effect. Notwithstanding anything to the contrary contained in this Agreement, the Borrower, the Administrative Agent and the Lenders agree that, as of the Closing Date, the aggregate outstanding principal amount of the Original Tranche A Loans is was $3,114,890.03______________ , which amount shall be deemed outstanding as Tranche A Loans hereunder. (Such loans referred to in this Section 2.1(a) now or hereafter made or deemed made by the Tranche A Lenders to the Borrower, including, without limitation, such loans which remain outstanding after the Tranche A Commitment Termination Date, are hereinafter collectively called the "Tranche A Loans".) The Borrower may not reborrow the Tranche A Loans which have been repaid. The parties hereto hereby agree that; provided, as of however, that the Closing Date, the aggregate outstanding principal amount of Borrower may reborrow the Tranche A Loans is $3,114,890.03which have been prepaid in accordance with Section 2.7(e) in the event that the Borrower elects to increase the Tranche A Commitments in accordance with Section 2.13(c) by an amount equal to or greater than the amount of such reborrowed Loan.

Appears in 2 contracts

Samples: Credit Agreement (Alamosa PCS Holdings Inc), Credit Agreement (Alamosa PCS Holdings Inc)

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Tranche A Loans. Subject to the terms and conditions of this Agreement (including, without limitation, Section 2.13(a) and Article 6)), each Tranche A Lender severally agrees to make one or more loans to the Borrower from time to time from and including the New Advance Closing Date to but excluding the Tranche A Commitment Termination Date up to but not exceeding the amount of such Tranche A Lender's Tranche A Commitment as then in effect. Notwithstanding anything to the contrary contained in this Agreement, the Borrower, the Administrative Agent and the Lenders agree that, as of the Closing Date, the aggregate outstanding principal amount of the Original Tranche A Loans is $3,114,890.03, which amount shall be deemed outstanding as Tranche A Loans hereunder. (Such loans referred to in this Section 2.1(a) now or hereafter made or deemed made by the Tranche A Lenders to the Borrower, including, without limitation, such loans which remain outstanding after the Tranche A Commitment Termination Date, are hereinafter collectively called the "Tranche A Loans".) The Borrower may not reborrow the Tranche A Loans which have been repaid. The parties hereto hereby agree that; provided, as of however, that the Closing Date, the aggregate outstanding principal amount of Borrower may reborrow the Tranche A Loans is $3,114,890.03which have been prepaid in accordance with Section 2.7(e) in the event that the Borrower elects to increase the Tranche A Commitments in accordance with Section 2.13(c) by an amount equal to or greater than the amount of such reborrowed Loan.

Appears in 1 contract

Samples: Credit Agreement (Texas Telecommunications Lp)

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