Examples of Aggregate Acquisition Loan Commitment in a sentence
Any such reduction shall be in an amount equal to $2,000,000 or a whole multiple of $1,000,000 in excess thereof and shall reduce permanently the Aggregate Acquisition Loan Commitment then in effect.
Such commitment fee shall be payable quarterly, in arrears, on the last Business Day of each March, June, September and December and on the Merger Date or such earlier date as the Aggregate Acquisition Loan Commitment shall terminate as provided herein.
Each borrowing under the Aggregate Acquisition Loan Commitment shall be in an amount equal to $2,000,000 or a whole multiple of $1,000,000 in excess thereof (or, in the case of borrowings of ABR Loans when the then unutilized amount of the Aggregate Acquisition Loan Commitment is less than $2,000,000, such lesser amount).
Any reduction of the Aggregate System Loan Commitment or the Aggregate Acquisition Loan Commitment pursuant to this Section 2.4 shall be irrevocable.
All accrued commitment fees with respect to the portion of the Aggregate Revolving Loan Commitment, the Aggregate Term Loan Commitment or Aggregate Acquisition Loan Commitment being terminated shall be payable on the effective date of any termination of the obligations of the Lenders to make Revolving Loans, Term Loans or Acquisition Loans, as applicable, hereunder.
Premisys shall have placed in escrow pursuant to the ------ Premisys Escrow Agreement an amount of cash and securities (which securities shall be reasonably satisfactory to the Administrative Agent) having an aggregate fair market value equal to not less than the amount of the Aggregate Acquisition Loan Commitment then in effect.
The Borrower shall have the right, upon not less than five Business ---------- Days' notice to the Administrative Agent, to terminate or, from time to time, reduce the unutilized portion of the Aggregate Acquisition Loan Commitment.
The Borrower has all requisite power and authority and has been duly authorized to decrease the amount of the Aggregate Acquisition Loan Commitment, to modify the Applicable Margin (as increased hereby), and to execute, deliver and perform its obligations under this Amendment and the Credit Agreement (as amended by this Amendment).
Each Eurodollar Advance shall be in the minimum amount of $1,000,000 (and in multiples of $500,000 in excess thereof), and each Floating Rate Advance shall be in the minimum amount of $100,000 (and in multiples of $100,000 in excess thereof); PROVIDED, HOWEVER, that any Floating Rate Advance may be in the amount of the unused Aggregate Revolving Loan Commitment, the unused Aggregate Acquisition Loan Commitment and/or the unused Aggregate Term Loan Commitment.
Each Eurodollar Advance shall be in the minimum amount of $500,000 (and in multiples of $250,000 if in excess thereof), and each Floating Rate Advance shall be in the minimum amount of $250,000 (and in multiples of $100,000 if in excess thereof), provided, however, that any Floating Rate Advance under the Revolving Credit Facility or the Acquisition Loan Facility may be in the amount of the unused Aggregate Revolving Credit Commitment or unused Aggregate Acquisition Loan Commitment, as the case may be.