Examples of First Additional Term Loan in a sentence
Subject to the terms and conditions set forth herein, during the First and Second Additional Funding Availability Period, each Term Lender agrees to make a First Additional Term Loan to the Borrower on the First Additional Funding Date denominated in Dollars in a principal amount equal to its First Additional Term Loan Commitment.
The First Additional Term Loans shall be funded on the First Additional Term Loan Effective Date by each Increase Lender in a principal amount equal to such Increase Lender’s Term Loan Percentage of the aggregate principal amount of the First Additional Term Loans, which aggregate principal amount shall equal the total Term Loan Commitment as of the First Additional Term Loan Effective Date.
The proceeds of the Firsts Additional Term Loans shall be used (i) to refinance the Initial Term Loans on the First Additional Term Loan Effective Date and (ii) to finance the acquisition of all of the capital stock of Imagine Technology Group, Inc.
The First Additional Term Loan Commitment of each Lender shall be automatically and permanently reduced to $0 upon the earlier of (i) the making of such Xxxxxx’s First Additional Term Loans on the First Additional Funding Date and (ii) the expiration of the First and Second Additional Funding Availability Period.
Subject to the terms and conditions set forth herein and in the First Amendment, each First Additional Term Loan Lender party to the First Amendment agrees to make a single loan to the Borrower on the First Amendment Effective Date in an amount not to exceed the amount set forth opposite such First Additional Term Loan Lender’s name on Schedule B to the First Amendment under the caption “First Additional Term Loan Commitment”.
If such Lender shall pay to the Administrative Agent such corresponding amount, such amount so paid shall constitute such Lender's First Additional Term Loan as part of the Term Loans for purposes of this Agreement, which Term Loan shall be deemed to have been made by such Lender on the Borrowing Date applicable to such Term Loans.
Xxxxxx Title: Vice President First Additional Term Loan Commitment: $0.00 ------------------------------------- First Additional Term Loan Pro Rata Share: 0.00% ----------------------------------------- Pro Rata Share: 0.3750% -------------- Domestic Lending Office: Franklin Xxxxxxxxx Worldwide ----------------------- 000 Xxxxxxxx Xxxxxx Xxxx.
SECOND AMENDED AND RESTATED TERM LOAN AGREEMENT AGENTS: THE BANK OF NEW YORK, Individually and as Administrative Agent and Collateral Agent By: --------------------------------- Name: ------------------------------- Title: ------------------------------ First Additional Term Loan Pro Rata Share: [Intentionally Omitted] TOTAL RENAL CARE HOLDINGS, INC.
It is established pursuant to Chapter 531, Texas Government Code (http://www.capitol.state.tx.us.statutes/gv/toc.htm) and is responsible for oversight of Texas Health and Human Services agencies (HHS agencies).
Subject to the terms and conditions set forth in the Credit Agreement, each Lender with a Term Loan Commitment severally agrees to make a First Additional Term Loan to the Borrower on the First Additional Term Loan Effective Date (which date shall be the same as the First Amendment Effective Date).