TYPES AND AMOUNTS OF CREDIT FACILITIES Sample Clauses

TYPES AND AMOUNTS OF CREDIT FACILITIES. SENIOR TERM LOAN FACILITIES.......
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TYPES AND AMOUNTS OF CREDIT FACILITIES. Senior Term Loan Facility A five-year term loan facility (the “Senior Term Loan Facility”) in an aggregate principal amount equal to $700.0 million (the loans thereunder, the “Term Loans”). The Term Loans shall mature on the fifth anniversary of the Closing Date and shall not be subject to interim scheduled amortization. Availability The Term Loans shall be made in a single drawing on the Closing Date. Purpose The proceeds of the Term Loans shall be used to finance the Acquisition (including the Tender Offer), refinance the Company’s existing debt and to pay related fees and expenses. 364-Day Facility A 364-day loan facility (the “364-Day Facility”) in an aggregate principal amount equal to $1.4 billion (the loans thereunder, the 364-Day Loans”). The 364-Day Loans shall mature 364 days after the Closing Date and shall not be subject to interim scheduled amortization. Availability The 364-Day Loans shall be available in up to three drawings as follows: (a) if the Merger is not consummated on the Closing Date, in up to two drawings, one on the Closing Date and one on the date of consummation of the Merger, in amounts to be determined, (b) if the Merger is consummated on the Closing Date in a single drawing on the Closing Date and (c) the date on which payment is due for the tender or redemption of the 6.875% Notes. Purpose The proceeds of the 364-Day Loans shall be used to finance the Acquisition (including the Tender Offer), refinance the Company’s existing debt and to pay related fees and expenses. Incremental 364 Day Facility The Company may at any time on or after the Closing Date establish an additional 364-day loan facility (the “Incremental 364-Day Facility”) in an aggregate principal amount not to exceed $500.0 million, provided that no default under the Credit Facilities exists either before or after giving effect to such Incremental 364-Day Facility. The Incremental 364-Day Facility (i) will rank pari passu in right of repayment with the other Credit Facilities and (ii) will be treated substantially the same as (and in any event no more favorably than) the 364-Day Facility (except that the maturity thereof shall be 364 days after the making of the loans thereunder). If the Incremental 364-Day Facility is effected after the Closing Date, the Incremental 364-Day Facility will be effected pursuant to an amendment to the Credit Documentation entered into among the Company, the Administrative Agent and Incremental 364-Day Facility lenders, which will no...
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TYPES AND AMOUNTS OF CREDIT FACILITIES. SENIOR TERM LOAN FACILITY.... Seven-year senior term loan facility (the "SENIOR TERM LOAN FACILITY") in an aggregate principal amount equal to $370.0 million (the loans thereunder, the "TERM LOANS"). The Term Loans will be repayable in quarterly installments equal to 1% per annum, with the remaining balance due on maturity.
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TYPES AND AMOUNTS OF CREDIT FACILITIES. Party B agrees to provide the following credit facilities to Party A: Type of Currency: RMB. Amount: Seven Hundred Million (RMB700,000,000.00) Such aggregate facility breaks downs as follows (by type and amount):
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TYPES AND AMOUNTS OF CREDIT FACILITIES. Senior Term Loan Facilities A seven-year term loan facility (the “Senior Term Loan Facility”) in an aggregate principal amount equal to $400.0 million (the loans thereunder, the “Senior Term Loans”). The Senior Term Loans shall be repayable in equal quarterly amounts equal to 1% per annum with the outstanding principal amount due on the seventh anniversary of the Closing Date. Availability The Senior Term Loans shall be made no later than the Commitment Expiration Date in up to three drawings, the first of which will be not less than $150.0 million, and available and funded only on, or within 10 business days after, the day(s) on which the 83/8 Notes or the 63/8% Notes become due and payable in full upon acceleration based solely on the Specified Defaults or the days on which payment for the Borrower’s call for redemption or repurchase thereof is to be made or is due. Purpose The proceeds of the Senior Term Loans, together with other funds available to the Borrower, shall be used to refinance the Notes. In the event that the maximum aggregate amount of the Senior Term Loans is greater than the amount required to refinance the Notes as a result of the Borrower’s use of cash on hand or proceeds of the Existing Facility or the Revolving Credit Facility to repurchase Notes, the proceeds of the Senior Term Loans may be used to replace the cash so used or repay such Revolving Credit Loans, to the extent of such excess.
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TYPES AND AMOUNTS OF CREDIT FACILITIES. SENIOR TERM LOAN FACILITIES Senior Term Loan Facilities (the "SENIOR TERM LOAN FACILITIES") in an aggregate amount equal to $125.0 million (the loans thereunder, the "SENIOR TERM LOANS") as follows: TRANCHE A TERM LOAN FACILITY A 6-year term loan facility (the "TRANCHE A TERM LOAN FACILITY") in an aggregate principal amount equal to $35.0 million (the loans thereunder, the "TRANCHE A TERM LOANS"). The Tranche A Term Loans shall be repayable in quarterly installments in amounts to be agreed upon until the date that is 6 years after the Closing Date (as defined below). Loans shall be repayable in 30 consecutive quarterly installments in amounts to be agreed. AVAILABILITY The Senior Term Loans shall be made in a single drawing on the Closing Date (as defined below). PURPOSE The proceeds of the Senior Term Loans shall be used to finance the Acquisition and to pay related fees and expenses. REVOLVING CREDIT FACILITY 6-year revolving credit facility (the "REVOLVING CREDIT FACILITY"); FACILITY together with the Senior Term Loan Facilities, (the "CREDIT FACILITIES") in an aggregate principal amount equal to $40.0 million (the loans thereunder, the "REVOLVING CREDIT LOANS"). AVAILABILITY The Revolving Credit Facility shall be available on a revolving basis during the period commencing on the Closing Date and ending on the sixth anniversary thereof (the "REVOLVING CREDIT TERMINATION DATE").
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Related to TYPES AND AMOUNTS OF CREDIT FACILITIES

  • Treatment of Outstanding Loans and Letters of Credit 25 2.6 Making Revolving Credit Loans and Swing Loans; Presumptions by the Administrative Agent; Repayment of Revolving Credit Loans; Repayment of Swing Loans 26

  • Termination of Credit Facility The Credit Facility shall terminate on the earliest of (a) the third anniversary of the Closing Date (the "Maturity Date"), (b) the date of termination by the Borrower pursuant to Section 2.5(a) and (c) the date of termination by the Administrative Agent on behalf of the Lenders pursuant to Section 10.2(a).

  • Credit Facility This Warrant to Purchase Stock (“Warrant”) is issued in connection with that certain Mezzanine Loan and Security Agreement of even date herewith between Silicon Valley Bank and the Company (as amended and/or modified and in effect from time to time, the “Loan Agreement”). THIS WARRANT CERTIFIES THAT, for good and valuable consideration, SILICON VALLEY BANK (together with any successor or permitted assignee or transferee of this Warrant or of any shares issued upon exercise hereof, “Holder”) is entitled to purchase up to such number of fully paid and non-assessable shares of the above-stated Type/Series of Stock (the “Class”) of the above-named company (the “Company”) as determined pursuant to Paragraph A below, at the above-stated Warrant Price, all as set forth above and as adjusted pursuant to Section 2 of this Warrant, subject to the provisions and upon the terms and conditions set forth in this Warrant. Reference is made to Section 5.4 of this Warrant whereby Silicon Valley Bank shall transfer this Warrant to its parent company, SVB Financial Group.

  • Revolving Credit Facility (i) Subject to the terms and conditions hereof, each Lender severally agrees to make available to Borrowers from time to time until the Commitment Termination Date its Pro Rata Share of advances (each, a “Revolving Credit Advance”). The Pro Rata Share of the Loans of any Lender shall not at any time exceed its separate Commitment. The obligations of each Lender hereunder shall be several and not joint. Until the Commitment Termination Date, Borrowers may borrow, repay and reborrow under this Section 2.1(a); provided, that (x) the amount of any Revolving Credit Advances to be made at any time shall not exceed Availability at such time, (y) the amount of any Revolving Credit Advances to be made to the U.S. Borrowers at any time shall not exceed the U.S. Availability at such time and (z) the amount of any Revolving Credit Advances to be made to the Canadian Borrowers at any time shall not exceed the Canadian Availability at such time. Each Revolving Credit Advance shall be made on notice by Borrower Representative to one of the representatives of Agent identified in Schedule (2.1) at the address specified therein. Any such notice must be given no later than (1) 12 noon (New York, New York time) on the date of the proposed Revolving Credit Advance, in the case of a Base Rate Loan, or (2) 12 noon (New York, New York time) on the date which is three (3) Business Days’ prior to the proposed Revolving Credit Advance, in the case of a LIBOR Loan. Each such notice (a “Notice of Revolving Credit Advance”) may be given verbally by telephone but must be immediately confirmed in writing (by fax, electronic mail or overnight courier) substantially in the form of Exhibit 2.1(a)(i), and shall include the information required in such Exhibit. If any Borrower desires to have the Revolving Credit Advances bear interest by reference to a LIBOR Rate, with respect to LIBOR Loans denominated in Dollars, and BA Rate, with respect to LIBOR Loans denominated in Canadian Dollars, Borrower Representative must comply with Section 2.5(e). All Revolving Credit Advances (x) made to a U.S. Borrower shall be denominated in Dollars and (y) made to a Canadian Borrower shall be denominated in Dollars or Canadian Dollars but shall be deemed to have been made (in the case of Canadian Dollar Revolving Credit Advances) in the Dollar Equivalent of such Revolving Credit Advance.

  • Repayment of Term Loans and Revolving Facility Loans (a) Subject to the other clauses of this Section 2.10 and to Section 9.08(e),

  • Extensions of Term Loans and Revolving Credit Commitments (a) Notwithstanding anything to the contrary in this Agreement, pursuant to one or more offers (each, an “Extension Offer”) made from time to time by the Borrower to all Lenders of any Class of Term Loans or any Class of Revolving Credit Commitments, in each case on a pro rata basis (based on the aggregate outstanding principal amount of the respective Term Loans or Revolving Credit Commitments of the applicable Class) and on the same terms to each such Lender, the Borrower is hereby permitted to consummate from time to time transactions with individual Lenders that accept the terms contained in such Extension Offers to extend the maturity date of each such Lender’s Term Loans and/or Revolving Credit Commitments of the applicable Class and otherwise modify the terms of such Term Loans and/or Revolving Credit Commitments pursuant to the terms of the relevant Extension Offer (including, without limitation, by increasing the interest rate or fees payable in respect of such Term Loans and/or Revolving Credit Commitments (and related outstandings), modifying the amortization schedule in respect of such Lender’s Term Loans and/or modifying any prepayment premium or call protection in respect of such Lender’s Term Loans) (each, an “Extension,” and each group of Term Loans or Revolving Credit Commitments, as applicable, in each case as so extended, as well as the original Term Loans and the original Revolving Credit Commitments (in each case not so extended), being a separate Class of Term Loans from the Class of Term Loans from which they were converted, and any Extended Revolving Credit Commitments (as defined below) shall constitute a separate Class of Revolving Credit Commitments from the Class of Revolving Credit Commitments from which they were converted, it being understood that an Extension may be in the form of an increase in the amount of any outstanding Class of Term Loans or Revolving Credit Commitments otherwise satisfying the criteria set forth below), so long as the following terms are satisfied:

  • Swingline Loan Amounts, Etc Each Swingline Loan shall be in the minimum amount of $1,000,000 and integral multiples of $500,000 or such other minimum amounts agreed to by the Swingline Lender and the Borrower. Any voluntary prepayment of a Swingline Loan must be in integral multiples of $100,000 or the aggregate principal amount of all outstanding Swingline Loans (or such other minimum amounts upon which the Swingline Lender and the Borrower may agree) and in connection with any such prepayment, the Borrower must give the Swingline Lender prior written notice thereof no later than 10:00 a.m. on the date of such prepayment. The Swingline Loans shall, in addition to this Agreement, be evidenced by the Swingline Note.

  • Revolving Credit and Swing Loan Facilities 2.1 Revolving Credit Commitments.

  • The Credit Facilities Section 2.1 The Revolving Credit Facility.

  • The Revolving Credit Facility On the terms and conditions set forth in the MLA and this Supplement, CoBank agrees to make loans to the Company during the period set forth below in an aggregate principal amount not to exceed, at any one time outstanding, the lesser of $25,000,000.00 (the “Commitment”), or the “Borrowing Base” (as calculated pursuant to the Borrowing Base Report attached hereto as Exhibit A). Within the limits of the Commitment, the Company may borrow, repay and reborrow.

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