Common use of Tranche B Term Loans Clause in Contracts

Tranche B Term Loans. Each Tranche B Term Loan Lender severally agrees to lend to Company on the Closing Date an amount not exceeding its Pro Rata Share of the aggregate amount of the Tranche B Term Loan Commitments to be used for the purposes identified in subsection 2.5A. The amount of each Lender's Tranche B Term Loan Commitment is set forth opposite its name on SCHEDULE 2.1 annexed hereto and the 34 42 aggregate amount of the Tranche B Term Loan Commitments is $125,000,000; provided that the Tranche B Term Loan Commitments of Tranche B Term Loan Lenders shall be adjusted to give effect to any assignments of the Tranche B Term Loan Commitments pursuant to subsection 10.1B. Each Tranche B Term Loan Lender's Tranche B Term Loan Commitment shall expire immediately and without further action on December 31, 1998 if the Tranche B Term Loans are not made on or before that date. Company may make only one borrowing under the Tranche B Term Loan Commitments. Amounts borrowed under this subsection 2.1A(ii) and subsequently repaid or prepaid may not be reborrowed.

Appears in 1 contract

Samples: Credit Agreement (Penton Media Inc)

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Tranche B Term Loans. Each Tranche B Term Loan Lender severally agrees to lend to -------------------- Company on the Closing Effective Date an aggregate amount not exceeding its Pro Rata Share of the aggregate amount of the Tranche B Term Loan Commitments to be used for the purposes identified in subsection 2.5A. 2.5C. The amount of each Lender's Tranche B Term Loan Commitment is set forth opposite its name on SCHEDULE Schedule 2.1 annexed hereto and the 34 42 aggregate amount of the Tranche B ------------ Term Loan Commitments is $125,000,00050,000,000; provided that the Tranche B Term Loan -------- Commitments of Tranche B Term Loan Lenders shall be adjusted to give effect to any assignments of the Tranche B Term Loan Commitments pursuant to subsection 10.1B. Each Tranche B Term Loan Lender's Tranche B Term Loan Commitment shall expire immediately and without further action on December 31October 15, 1998 if the Tranche B Term Loans are not made on or before that date. Company may make only one borrowing under the Tranche B Term Loan Commitments. Amounts borrowed under this subsection 2.1A(ii2.1A(iii) and subsequently repaid or prepaid may not be reborrowed.

Appears in 1 contract

Samples: Credit Agreement (Afc Enterprises Inc)

Tranche B Term Loans. Each Tranche B Term Loan Lender severally agrees to lend to Company on the Closing Date Date, through the purchase of loans from DLJ under the Existing Credit Agreement pursuant to the Master Assignment Agreement, an amount not exceeding its Pro Rata Share of the aggregate amount of the Tranche B Term Loan Commitments to be used for the purposes identified in subsection 2.5A. The amount of each Lender's Tranche B Term Loan Commitment is set forth opposite its name on SCHEDULE Schedule 2.1 annexed hereto and the 34 42 aggregate amount of the Tranche B Term Loan Commitments is $125,000,00055,000,000; provided that the Tranche B Term Loan Commitments of Tranche B Term Loan Lenders shall be adjusted to give effect to any assignments of the Tranche B Term Loan Commitments pursuant to subsection 10.1B. Each Tranche B Term Loan Lender's Tranche B Term Loan Commitment shall expire immediately and without further action on December 31April 15, 1998 1997 if the Tranche B Term Loans are not made on or before that date. Company may make only one borrowing under the Tranche B Term Loan Commitments. Amounts borrowed under this subsection 2.1A(ii) and subsequently repaid or prepaid may not be reborrowed.

Appears in 1 contract

Samples: Credit Agreement (Houlihans Restaurant Group Inc)

Tranche B Term Loans. Each Tranche B Term Loan Lender severally agrees to lend purchase from the Administrative Agent pursuant to Company the Master Assignment Agreement on the Closing Date an amount not exceeding its Pro Rata Share of the aggregate amount of the Tranche B Term Loan Commitments to be used for the purposes identified in subsection 2.5A. Loans. The amount of each Tranche B Term Lender's Tranche B Term Loan Commitment is set forth opposite its name on SCHEDULE Schedule 2.1 annexed hereto and the 34 42 aggregate amount of the Tranche B Term Loan Commitments is $125,000,000200,000,000; provided that the Tranche B Term Loan Commitments of Tranche B Term Loan Lenders shall be adjusted to give effect to any assignments of the Tranche B Term Loan Commitments pursuant to subsection 10.1B. Each Tranche B Term Loan Lender's Tranche B Term Loan Commitment shall expire immediately and without further action on December 31April 30, 1998 1997 if the Tranche B Term Loans are not made purchased pursuant to the Master Assignment Agreement on or before that date. Company may make only one borrowing under the Tranche B Term Loan Commitments. Amounts borrowed under this subsection 2.1A(ii) and subsequently Loans repaid or prepaid may not be reborrowed.

Appears in 1 contract

Samples: Credit Agreement (Smiths Food & Drug Centers Inc)

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Tranche B Term Loans. Each Lender that has a Tranche B Term Loan Lender Commitment severally agrees to lend to Company Borrowers on the Closing Date an amount not exceeding its Pro Rata Share of the aggregate amount of the Tranche B Term Loan Commitments to be used for the purposes identified in subsection 2.5A. The amount of each Lender's ’s Tranche B Term Loan Commitment is set forth opposite its name on SCHEDULE Schedule 2.1 annexed hereto and the 34 42 aggregate amount of the Tranche B Term Loan Commitments is $125,000,00025,000,000; provided that the amount of the Tranche B Term Loan Commitments Commitment of Tranche B Term Loan Lenders each Lender shall be adjusted to give effect to any assignments assignment of the such Tranche B Term Loan Commitments Commitment pursuant to subsection 10.1B. Each Tranche B Term Loan Lender's ’s Tranche B Term Loan Commitment shall expire immediately and without further action on December March 31, 1998 2005, if the Tranche B Term Loans are not made on or before that date. Company Borrowers may make only one borrowing under the Tranche B Term Loan Commitments. Amounts borrowed under this subsection 2.1A(ii) and subsequently repaid or prepaid may not be reborrowed.

Appears in 1 contract

Samples: Credit Agreement (Granite Broadcasting Corp)

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