Tranche A Term Loan Commitments Sample Clauses
Tranche A Term Loan Commitments. The Tranche A Term Loans made hereunder by each Tranche A Term Loan Lender shall not exceed in aggregate principal amount outstanding the amount set forth opposite such Lender's name on Annex I under the caption "Tranche A Term Loan Commitment" (as the same may be from time to time modified pursuant to Section 9.7), and the aggregate principal amount of Tranche A Term Loans outstanding for all Tranche A Term Loan Lenders shall not exceed the amount set forth on Annex I under the caption "Tranche A Term Loan Commitments". Any portion of each such Lender's Tranche A Term Loan Commitment not utilized on the Closing Date shall be permanently canceled.
Tranche A Term Loan Commitments. On the terms and subject to the conditions contained in this Agreement, each Tranche A Lender severally agrees to make a term loan denominated in Dollars (each a “Tranche A Loan”) to the Company on the Closing Date in an amount not to exceed such Lender’s Tranche A Commitment. Amounts of Tranche A Loans repaid or prepaid may not be reborrowed.
Tranche A Term Loan Commitments. In the event that the Tranche A Term Loan Commitments are not fully utilized on the Closing Date, Company agrees to pay to Administrative Agent, for distribution to each Tranche A Term Loan Lender in proportion to that Lender's Pro Rata Share of the Tranche A Term Loan Commitments, commitment fees for the period from and including the Closing Date to and excluding the Tranche A Term Loan Commitment Termination Date equal to the average of the daily excess of the Tranche A Term Loan Commitments over the aggregate principal amount of outstanding Tranche A Term Loans multiplied by 2.75% per annum, such commitment fees to be calculated on the basis of a 360-day year and the actual number of days elapsed and to be payable in arrears on the earlier of the Tranche A Term Loan Commitment Termination Date and the Second Tranche A Draw Date.
Tranche A Term Loan Commitments. Subject to the terms and conditions set forth herein, each Lender severally agrees, on the Effective Date, to make Tranche A Term Loans to the Borrower, in Dollars, in an aggregate amount equal to such Lender’s Tranche A Term Loan Commitment Percentage, if any, of the Tranche A Term Loan Committed Amount; provided that the aggregate amount of the Tranche A Term Loan Borrowings made on the Effective Date shall not exceed the applicable Tranche A Term Loan Committed Amount. Tranche A Term Loans may consist of Base Rate Loans or Eurodollar Loans, or a combination thereof, as the applicable Borrower may request; provided that the Term Loans outstanding at any time shall consist of not more than six separate Groups of Eurodollar Loans. For purposes hereof, Eurodollar Loans with different Interest Periods shall be considered as separate Groups of Eurodollar Loans, even if they begin on the same date, although borrowings of Eurodollar Loans of any Class may, in accordance with the provisions hereof, be combined through extensions or conversions at the end of existing Interest Periods to constitute a single new Group of Eurodollar Loans of such Class with the same Interest Period. Amounts prepaid or repaid on Tranche A Term Loans may not be reborrowed.
Tranche A Term Loan Commitments. Subject to the terms and conditions hereof, the Tranche A Term Loan Lenders severally agree to make term loans (each, a "Tranche A Term Loan") denominated in Dollars to the Borrower on the Closing Date in an amount for each Tranche A Term Loan Lender not to exceed the amount of the Tranche A Term Loan Commitment of such Lender. The Tranche A Term Loans may from time to time be LIBO Rate Loans or Base Rate Loans, as determined by the Borrower and notified to the Administrative Agent in accordance with Sections 2.2 and 2.13.
Tranche A Term Loan Commitments. Subject to the terms and conditions of this Agreement, each Tranche A Term Lender severally agrees to make a term loan (each, a "Tranche A Term Loan") on the Closing Date in an amount equal to the Tranche A Term Commitment of such Lender. The Tranche A Term Lenders shall make the Tranche A Term Loans on the Closing Date by converting Revolving Credit Loans and 364-Day Loans (as such terms are defined in the Existing Credit Agreement) into Tranche A
Tranche A Term Loan Commitments. Each Tranche A Term Loan Lender (i) confirms that it has received a copy of the Credit Agreement and the other Credit Documents and the exhibits and schedules thereto, together with copies of the financial statements referred to therein and such other documents and information as it has deemed appropriate to make its own credit analysis and decision to enter into this Amendment and the Credit Agreement; (ii) agrees that it will, independently and without reliance upon the Term Administrative Agent, the Collateral Agent, Lead Arrangers or any Lender and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under the Credit Agreement; (iii) appoints and authorizes the Term Administrative Agent and the Collateral Agent to take such action as agent on its behalf and to exercise such powers under the Credit Agreement and the other Credit Documents as are delegated to the Term Administrative Agent or the Collateral Agent, as the case may be, by the terms thereof, together with such powers as are reasonably incidental thereto; and (iv) agrees that it will perform all of the obligations which by the terms of the Credit Agreement are required to be performed by it as a Lender, as the case may be, in each case, in accordance with the terms thereof as set forth in the Credit Agreement. Each Tranche A Term Loan Lender party hereto by executing signature page hereby acknowledges and agrees that it has a Tranche A Term Loan Commitment in the amount set forth opposite such Tranche A Term Loan Lender’s name on Schedule 1.1(d) to this Amendment and agrees to severally provide to the Borrower such Tranche A Term Loan Commitments on the Amendment No. 10
Tranche A Term Loan Commitments. Subject to the terms and conditions set forth herein, each Tranche A Term Lender severally agrees to make a single loan to the Company on the Effective Date in an amount equal to such Tranche A Term Lender’s Tranche A Term Loan Commitment. The advance of the Tranche A Term Loan shall be made simultaneously by the Tranche A Term Lenders in accordance with their respective Applicable Percentages of the Tranche A Term Loan Facility. Amounts borrowed under this Section 2.01(b) and repaid or prepaid may not be reborrowed. Tranche A Term Loans may be Base Rate Loans or LIBOR Loans, as further provided herein.
Tranche A Term Loan Commitments. On the first Term Loan Funding Date, on the terms and subject to the conditions of this Agreement and in reliance upon the representations, warranties and covenants of Borrower contained herein, each Tranche A Lender severally agrees to make its Tranche A Term Loan to Borrower in an amount equal to its Pro Rata Share of the Aggregate Tranche A Term Loan Commitment.
