(i) The brand new aggregate dollars number of all Tranche A committed Funds the (plus all Tranche A loyal Financing getting funded into the advised big date away from capital of one’s asked Tranche C Financing);

4(b) Money of Tranche C Fund. Up on receipt from the NationsBank, acting in strength once the Administrative Agent hereunder, out of financing And/Or Interest rate Election Ask for good Tranche C Financing, NationsBank, pretending within its skill since the Tranche C Lender hereunder, shall progress the level of the fresh Tranche C Financing or Loans asked for the intended purpose of capital the business’s surgery with the a good regular basis in the place of demanding every single day fundings throughout the relevant Lenders.

Susceptible to Part 4(f) below, the Management Broker shall, on brand new density out-of a meeting out of Standard and you will acceleration out-of the fresh new Personal debt, consult an excellent refunding hereunder of the many Tranche C Financing outstanding just like the of these day

4(c) Refunding out-of Tranche C Fund by the Loan providers. Tranche C Loans might be refunded from the Lenders in order to NationsBank up on consult from NationsBank from the Administrative Broker, and this demand would-be generated not appear to than once for each and every Business day and no smaller seem to than simply weekly (and, in any event, for each Wednesday or, if any Wednesday is not a corporate Big date, the fresh immediately before Business day); offered, not, one NationsBank shall never be required to request refundings out-of Tranche C Money hereunder when you look at the aggregate levels of below $5,000,.

4(e) Fee away from Dominating. Subject to the prepayment criteria away from Section eight(f) and before refunding pursuant so you can Part 4(c) more than, the firm shall pay the prominent level of for each Tranche C Mortgage to your Readiness Time.

4(f) Pure Duty to Reimburse. Even in the event for any reason the lenders can be prohibited out-of refunding the particular ratable portion of Tranche C Finance while the Tranche A committed Loans because the offered here, up coming rather than refunding Tranche C Fund just like the Tranche A committed Loans, up on request off NationsBank and subject to the new proviso of the instantaneously preceding phrase, for every Lender (besides NationsBank) should buy and take from NationsBank an individual participation demand for all the Tranche C Fund a fantastic hereunder regarding the amount of for example Lender’s Percentage Share thereof.

5(a) Bid Financing Credit limit. The business could possibly get periodically, towards the terminology and susceptible to brand new standards established herein, demand the lenders so you’re able to quotation fixed pricing of which they would, yourself, be ready to financing improves toward Providers hereunder when you look at the a great mentioned dollars number and a stated Quote Financing Attract Months (“Quote Funds”); provided, yet not, one into the zero feel should:

(ii) Maximum Aggregate Borrowing limit minus the amount of the fresh aggregate buck level of Tranche A committed Loans, Tranche B Money and you can Tranche C Fund outstanding, the new L/C Readily available Amount and one unrepaid L/C Illustrations; and you will

Such as for instance refundings shall be created by the lenders (along with NationsBank) prior to its respective Fee Shares and you may will, afterwards, be reflected as the Tranche A loyal Finance of the Loan providers for the the fresh new guides and you will records of your own Management Representative

(iii) The latest Equity Property value this new Facility Borrowing from the bank Legs in addition to one Supplemental Dollars Collateral stored of the Management Representative, without having the sum of the fresh new aggregate dollars quantity of most of the installment loans online Missouri Tranche A committed Loans and you may

5(b) Strategies for Request Bid Financing. In case your Organization would like to demand the advance regarding Quote Finance, it shall send into Management Agent (and this beginning could be by the facsimile transmission) a duly carried out Bid Mortgage Consult toward third Working day ahead of the proposed capital time, and that Quote Loan Request shall establish: