Blocked Amounts. The Borrower shall have furnished the Administrative Agent reasonably detailed calculations of the Blocked Amount on the Initial Borrowing Date (after giving effect to the consummation of the Exchange Offer and the payments to be made in connection therewith), showing the allocation thereof to the Bridge Loan Blocked Amount, the B-1 Blocked Amount and the B-2 Blocked Amount, and shall certify that the Total Commitment (after the reductions thereto on the Initial Borrowing Date) and the unutilized commitments under the First Lien Credit Agreement (after giving effect to any reductions thereto on the Initial Borrowing Date) shall equal or exceed the Bridge Loan Blocked Amount, the B-1 Blocked Amount or the B-2 Blocked Amount, as the case may be.
Appears in 2 contracts
Sources: Bridge Loan Agreement (CF Industries Holdings, Inc.), Bridge Loan Agreement (CF Industries Holdings, Inc.)