Tranche A Commitments Sample Clauses
Tranche A Commitments. From and including the Closing Date and prior to the Termination Date, each Tranche A Lender severally agrees, on the terms and conditions set forth in this Agreement, to make Tranche A Loans in Agreed Currencies to any Borrower from time to time in a principal amount not to exceed in the aggregate at any one time outstanding for all of the Borrowers the Dollar Amount of its Tranche A Commitment; provided that (a) all Tranche A Loans that are Base Rate Loans or Same Day Dollar Loans shall be made in Dollars, (b) the Dollar Amount of the outstanding principal of Tranche A Loans shall not at any time exceed the Total Tranche A Commitment and (c) the aggregate Dollar Amount of the outstanding principal of all outstanding Tranche A Loans of any Tranche A Lender shall not exceed such Tranche A Lender’s Tranche A Commitment. Subject to the terms of this Agreement, any Borrower may borrow, repay and reborrow Tranche A Loans at any time prior to the Termination Date. The Tranche A Commitments shall expire on the Termination Date.
Tranche A Commitments. Subject to the terms and conditions set forth herein, each Tranche A Lender agrees to make Tranche A Revolving Loans denominated in US Dollars, Sterling and Euro to the Tranche A Borrowers from time to time during the Availability Period in an aggregate principal amount at any time outstanding that will not result in (A) the aggregate Tranche A Revolving Credit Exposures exceeding the aggregate Tranche A Commitments or (B) the Tranche A Revolving Credit Exposure of any Lender exceeding its Tranche A Commitment. Within the foregoing limits and subject to the terms and conditions set forth herein, the Tranche A Borrowers may borrow, prepay and reborrow Tranche A Revolving Loans.
Tranche A Commitments. From and after the Amendment No. 1 Effective Date, the Tranche A Commitment of each Tranche A Lender shall be the amount set forth opposite such Tranche A Lender’s name on Schedule 2.01 to the Loan Agreement (as amended hereby and attached hereto as Exhibit A) under the caption “Tranche A Commitment” as such amount may be increased or reduced pursuant to the terms of the Loan Agreement, and such amount (if changed) shall supersede and be deemed to amend the amount of such Tranche A Lender’s Tranche A Commitment as set forth on Schedule 2.01 to the Loan Agreement as in effect immediately prior to the Amendment No. 1 Effective Date.
Tranche A Commitments. Each of the actions set forth in Section 5 shall have occurred.
Tranche A Commitments. Any part of the Tranche A Commitments not utilised under this agreement before the expiry of the Tranche A Availability Period will be cancelled automatically on the expiry of the Tranche A Availability Period.
Tranche A Commitments. Subject to the terms and conditions set forth herein, each Tranche A Lender agrees to make Tranche A Revolving Loans denominated in U.S. Dollars to any Borrower from time to time during the Availability Period in an aggregate principal amount that will not result in (i) such Tranche A Lender’s Tranche A Revolving Credit Exposure exceeding such Tranche A Lender’s Tranche A Commitment or (ii) the sum of the total Tranche A Revolving Credit Exposures plus the aggregate principal amount of outstanding Tranche A Competitive Loans exceeding the total Tranche A Commitments. Within the foregoing [[NYCORP:3024149v15:4452W:11/30/07--12:40 p]] limits and subject to the terms and conditions set forth herein, a Borrower may borrow, prepay and reborrow Tranche A Revolving Loans.
Tranche A Commitments. The Borrower may at any time and from time to time (but not more than sixty (60) days nor less than thirty (30) days prior to the then existing Scheduled Tranche A Commitment Termination Date, and in no event on or after the Tranche A Term-out Notice Date) request in writing that the Tranche A Lenders consent (the decision so to agree to be within the sole and absolute discretion of each Tranche A Lender) to extend the Scheduled Tranche A Commitment Termination Date by giving written notice thereof to the Administrative Agent (each a “Tranche A Commitment Extension Request”). Upon receipt of each such Tranche A Commitment Extension Request, the Administrative Agent shall promptly send each Tranche A Lender a copy thereof. Any Tranche A Lender that shall not have consented or responded to such Tranche A Commitment Extension Request by the Tranche A Commitment Extension Response Date therefor shall be deemed to be a “Non-Extending Tranche A Lender”, and any Tranche A Lender that shall have consented to such Tranche A Commitment Extension Request but with a Tranche A Commitment that is less than its existing Tranche A Commitment shall be deemed to be a Non-Extending Tranche A Lender to the extent of the excess of its existing Tranche A Commitment minus its Tranche A Commitment as to be extended. With respect to the Non-Extending Tranche A Lenders, the Borrower shall have the option, expiring on the applicable Tranche A Commitment Extension First Offer Expiration Date, to offer to the Lender serving as the Administrative Agent the right to assume some or all of the Tranche A Commitments (and to purchase the corresponding Tranche A Loans) thereof and, to the extent such Lender shall have failed to accept such offer on or prior to the applicable Tranche A Commitment Extension Final Offer Expiration Date, to offer to any one or more of the other Lenders or, with the consent of the Administrative Agent (not to be unreasonably withheld, conditioned or delayed) any one or more other Persons, the right to assume some or all of such Tranche A Commitments (and to purchase the corresponding Tranche A Loans) which the Lender serving as the Administrative Agent shall not have agreed to assume (and purchase). In the event and to the extent any such Lender or other Person shall have so agreed to assume such Tranche A Commitments (and to purchase such corresponding Tranche A Loans), the Borrower shall have the right to direct such Non-Extending Tranche A Lender to delegate i...
Tranche A Commitments. (a) Subject to the terms and conditions hereof, each Lender severally and not jointly with the other Lenders agrees to make revolving credit loans (collectively, the "TRANCHE A LOANS") to the Borrower from time to time during the Tranche A Commitment Period in an aggregate principal amount at any one time outstanding (i) which, when added to such Lender's Tranche A Commitment Percentage of the then Letter of Credit Outstandings, does not exceed the amount of such Lender's Tranche A Commitment and (ii) which does not exceed such Lender's Tranche A Commitment Percentage of the then applicable Maximum Outstanding Amount. During the Tranche A Commitment Period, the Borrower may use the Tranche A Commitments by borrowing, prepaying the Tranche A Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions of this Agreement.
Tranche A Commitments. Subject to the terms and conditions set forth herein, the Borrower may request the Tranche A Lenders to issue, at any time and from time to time prior to the Commitment Termination Date, Letters of Credit (“Tranche A Letters of Credit”) denominated in Dollars for its own account or the account of any Eligible Affiliate. Tranche A Letters of Credit issued hereunder shall constitute utilization of the applicable Tranche A Commitments. Without the prior consent of each Tranche A Lender, no Tranche A Letter of Credit may be issued that would vary the several and not joint nature of the obligations of the Tranche A Lenders thereunder, and each Tranche A Letter of Credit shall be issued by all of the Tranche A Lenders having Tranche A Commitments at the time of issuance as a single multi-bank letter of credit, but the obligation of each Tranche A Lender thereunder shall be several and not joint, based upon its Tranche A Applicable Percentage of the aggregate undrawn amount of such Tranche A Letter of Credit.
Tranche A Commitments. Subject to the terms and conditions of this Agreement, each Lender agrees, for itself only, to make Advances to the Company and the Multicurrency Subsidiary Borrowers, as applicable, from time to time from the Effective Date until the Termination Date on any Business Day up to an aggregate principal Dollar Amount which, when added to such Lender's pro rata portion of the Dollar Amount of Letter of Credit Obligations outstanding at such time, shall not exceed the amount set forth opposite its name on the signature pages hereof as its Commitment. In addition, the sum of the aggregate outstanding Advances, the Dollar Amount of Letter of Credit Obligations, and the aggregate outstanding Swing Line Loans shall not exceed the amount of the aggregate Commitments. Subject the terms of this Agreement, the Company may request that an Advance be made in Dollars, euro, or Dutch Guilders and any Multicurrency Subsidiary Borrower may request that an Advance be made in euro or Dutch Guilders; provided, that the maximum aggregate principal amount of euro Advances and Dutch Guilder Advances that may be outstanding at any one time to all the Lenders may not exceed the Dollar Amount of US$10,000,000 (the "euro Limit"). It is agreed that the London Agent will only make euro Advances and Dutch Guilder Advances and the Agent will only make US Advances and provided further that the amount of Lenders' aggregate Commitments will be reduced Dollar for Dollar by the Dollar Amount of any outstanding euro Advances or Dutch Guilder Advances. Each Advance made in Dutch Guilders shall be made in euro if such Advance would, but for this provision, be capable of being made in either euro or Dutch Guilders unless otherwise consented to by the Agent. The Applicable Rate for any such Advance shall be the Adjusted euro Rate.