Examples of Closing Date Term Loan Lender in a sentence
Each Closing Date Term Loan Lender shall have the right to purchase and assume its pro rata share of the Subject Obligations, and the Closing Date Term Loan Lenders exercising such rights may exercise the rights of non-exercising Closing Date Term Loan Lenders, in each case on a pro rata basis as among exercising Closing Date Term Loan Lenders until such rights have been exercised as to all Subject Obligations (in any case, prior to issuance of the Purchase Notice).
Closing Date Term Loan Lender: SPCP Group, LLC - $23,500,000 Delayed Draw Term Loan Lender: SPCP Group, LLC - $1,500,000 Closing Date Term Loan Lender Notice: E-mail: xxxxxx@xxxxxxxxxxxxxxxxxx.xxx Delayed Draw Term Loan Lender Notice: E-mail: xxxxxx@xxxxxxxxxxxxxxxxxx.xxx Restricted Subsidiaries Rotech Healthcare Inc.
Receipt by the Administrative Agent of (i) for the account of each Closing Date Term Loan Lender that makes a request therefor, a Closing Date Term Loan Note and (ii) a fully-executed counterpart of this Credit Agreement; in each case executed by a duly authorized officer of each party thereto and in each case conforming to the requirements of this Credit Agreement.
Each Closing Date Term Loan Lender’s Closing Date Term Loan Commitment shall be automatically and permanently reduced on a dollar for dollar basis by an amount equal to the amount of the Closing Date Term Loan funded by such Closing Date Term Loan Lender.
Subject to the terms and conditions of this Agreement and the other Loan Documents, and in reliance upon the representations and warranties set forth in this Agreement and the other Loan Documents, each Closing Date Term Loan Lender severally agrees to make the Closing Date Term Loan to the Borrower on the Closing Date in a principal amount equal to such Closing Date Term Loan Lender’s Closing Date Term Loan Commitment as of the Closing Date.
Any Closing Date Term Loan Lender immediately prior to the effectiveness of this Amendment that is not a Converting Closing Date Term Loan Lender is referred to herein as a “Non-Converting Term Lender” and any Closing Date Term Loan immediately prior to the effectiveness of this Amendment that is not a Converted Closing Date Loan is referred to herein as a “Non-Converted Closing Date Term Loan”.
The conditions to (i) effectiveness of the amendment of the Existing Credit Agreement in the form of this Agreement, (ii) the occurrence of the Closing Date, and (iii) the obligation of any L/C Issuer, each Closing Date Term Loan Lender and each Revolving Credit Lender to make its initial Credit Extension under this Agreement, are in each case subject to satisfaction of the following conditions precedent: ( a ) Loan Documents, Organization Documents, Etc.