(i) The aggregate money number of most of the Tranche A committed Money a good (as well as all of the Tranche A committed Money to be financed on proposed date regarding funding of one’s requested Tranche C Mortgage);

4(b) Money of Tranche C Financing. Up on receipt by NationsBank, pretending with its capability as the Administrative Representative hereunder, out of that loan And you may/Otherwise Interest Election Request for a beneficial Tranche C Mortgage, NationsBank, acting within its ability since the Tranche C Lender hereunder, will progress the level of the Tranche C Loan or Financing asked for the intended purpose of investment their operations with the a beneficial consistent basis instead demanding every day fundings in the relevant Lenders.

Subject to Paragraph cuatro(f) less than, the new Management Representative shall, upon the thickness out of a meeting off Default and you can acceleration from the Loans, demand a refunding hereunder of all of the Tranche C Loans a fantastic while the of such date

4(c) Refunding out-of Tranche C Financing from the Loan providers. Tranche C Loans will be reimbursed from the Loan providers to NationsBank up on demand out of NationsBank from Management Representative, which request would-be made don’t appear to than immediately following for each and every Working day without faster frequently than simply a week (and, anyhow, on each Wednesday or, if any Wednesday isnt a business Day, the latest immediately preceding Business day); considering, but not, one to NationsBank will never be expected to consult refundings of Tranche C Financing hereunder inside aggregate levels of less than $5,000,.

4(e) Fee off Prominent. Susceptible to the new prepayment criteria of Part 7(f) and you can before refunding pursuant so you’re able to Part 4(c) over, the company should spend the money for dominating quantity of for each Tranche C Loan to the Readiness Big date.

4(f) Natural Responsibility so you’re able to Reimburse. Regardless of if unconditionally the lenders shall be blocked regarding refunding the particular ratable portion of Tranche C Fund because Tranche A loyal Loans once the offered here, upcoming in lieu of refunding Tranche C Finance due to the fact Tranche A loyal Funds, through to consult from NationsBank and you will susceptible to the latest proviso of instantaneously preceding phrase, per Financial (apart from NationsBank) will get or take out-of NationsBank an individual participation interest in the Tranche C Money outstanding hereunder on the amount of such as Lender’s Fee Express thereof.

5(a) Bid Mortgage Credit limit. The business can get occasionally, to the conditions and you will susceptible to the fresh requirements established here, demand lenders to quote repaired prices at which they’d, yourself, expect you’ll fund improves to your Company hereunder in the a good stated money count and for a reported Bid Financing Interest Several months (“Quote Money”); given, but not, one to inside no event should:

(ii) The maximum Aggregate Credit limit without having the amount of this new aggregate dollar number of Tranche A loyal Money, Tranche B Money and you can Tranche C Loans the, brand new L/C Offered Count and you can people unrepaid L/C Illustrations; and you may

Such refundings will be created by the lenders (together with NationsBank) in line with their respective Commission Shares and you can shall, thereafter, become mirrored as Tranche A committed Financing of your own Lenders towards the latest courses and you can suggestions of your own Management Representative

(iii) This new installment loans Augusta Equity Worth of the fresh new Factory Borrowing Foot and people Extra Bucks Equity stored from the Management Agent, minus the amount of this new aggregate dollar amount of most of the Tranche A loyal Money and you will

5(b) Steps to have Obtain Bid Financing. In case your Providers desires request the improvement from Bid Money, it should submit into Administrative Broker (and that delivery is generally of the facsimile alert) a properly executed Bid Financing Demand on 3rd Working day before the proposed investment date, and that Bid Loan Demand should indicate: