Common use of Tranche C Term Loans Clause in Contracts

Tranche C Term Loans. Each Tranche C Term Lender severally agrees to make a term loan to the Borrower on the Closing Date in an aggregate principal amount which does not exceed the amount of such Lender's Tranche C Term Loan Commitment. Amounts borrowed under this subsection 2.1(a)(iii) and subsequently repaid may not be reborrowed.

Appears in 4 contracts

Samples: Credit Agreement (Southern California Microwave Inc), Credit Agreement (L 3 Communications Corp), Credit Agreement (L 3 Communications Holdings Inc)

AutoNDA by SimpleDocs

Tranche C Term Loans. Each Subject to the terms and conditions hereof, each Tranche C Term Loan Lender severally agrees to make a term loan (a “Tranche C Term Loan”) to the Borrower on the Tranche C Closing Date in an aggregate principal amount which does not to exceed the amount of such Lender's Tranche C Term Loan CommitmentCommitment of such Lender. Amounts borrowed under this subsection 2.1(a)(iiiThe Tranche C Term Loan may from time to time be Eurodollar Loans or Base Rate Loans, as determined by the Borrower and notified to the Administrative Agent in accordance with Sections 2.22(b) and subsequently repaid may not be reborrowed2.11.

Appears in 1 contract

Samples: Credit Agreement (Sba Communications Corp)

AutoNDA by SimpleDocs

Tranche C Term Loans. Each Subject to the terms and conditions hereof, each Tranche C Term Loan Lender severally agrees to make a term loan (a “Tranche C Term Loan”) to the Borrower on the Tranche C Closing Date in an aggregate principal amount which does not to exceed the amount of such Lender's Tranche C Term Loan CommitmentCommitment of such Lender. Amounts borrowed under this subsection 2.1(a)(iiiThe Tranche C Term Loan may from time to time be Eurodollar Loans or Base Rate Loans, as determined by the Borrower and notified to the Administrative Agent in accordance with Sections 2.24(b) and subsequently repaid may not be reborrowed2.13.

Appears in 1 contract

Samples: Credit Agreement (K&f Industries Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!