Common use of Commitment of the Bank Clause in Contracts

Commitment of the Bank. The Bank agrees, subject to the terms and conditions of this Agreement, to make a single Term Loan to the Borrower, and the Borrower agrees to borrow such Term Loan from the Bank, on December 21, 1995, in the principal amount of $25,000,000.

Appears in 1 contract

Sources: Credit Agreement (Interpublic Group of Companies Inc)

Commitment of the Bank. The Bank agrees, subject to the terms and conditions of this Agreement, to make a single Term Loan to the Borrower, and the Borrower agrees to borrow such Term Loan from the Bank, on December October 21, 19951996, in the principal amount of $25,000,00020,000,000.

Appears in 1 contract

Sources: Credit Agreement (Interpublic Group of Companies Inc)