All of the Tranche C Fund is going to be automatically appointed once the Tranche A Enough time Loans toward so that as of these refunding time

(i) The newest aggregate dollars number of most of the Tranche A loyal Funds a good (along with every Tranche A loyal Fund becoming financed towards advised go out from capital of questioned Tranche C Loan);

4(b) Capital out of Tranche C Finance. Up on acknowledgment of the NationsBank, acting in its ability as the Management Agent hereunder, away from that loan And you will/Otherwise Interest Election Request for a good Tranche C Financing, NationsBank, acting within the capabilities once the Tranche C Financial hereunder, should improve the degree of the Tranche C Financing or Financing requested for the intended purpose of capital their procedures into an excellent consistent basis rather than demanding day-after-day fundings regarding the relevant Lenders.

Subject to Part cuatro(f) less than, the newest Management Broker will, abreast of the newest thickness out of an event out-of Default and you may acceleration of the new Financial obligation, demand an effective refunding hereunder of all the Tranche C Money an excellent while the of these day

4(c) Refunding off Tranche C Funds by Lenders. Tranche C Money is refunded by Lenders to NationsBank on demand of NationsBank from Administrative Representative, which demand is produced no more appear to than immediately after for each and every Working day no smaller apparently than a week (and you can, in any event, for each Wednesday otherwise, or no Wednesday is not a corporate Go out, the fresh new instantly preceding Business day); considering, but not, one NationsBank should not needed to demand refundings from Tranche C Funds hereunder into the aggregate amounts of lower than $5,000,.

4(e) Fee regarding Dominating. At the mercy of the latest prepayment criteria you could check here of Paragraph eight(f) and you can earlier refunding pursuant to help you Part 4(c) above, the firm will spend the money for dominant level of for each and every Tranche C Financing to the Maturity Time.

4(f) Pure Obligations in order to Refund. Although for any reason the lenders are prohibited of refunding the respective ratable portion of Tranche C Loans while the Tranche A loyal Funds due to the fact considering here, following in the place of refunding Tranche C Funds just like the Tranche A loyal Loans, upon consult out-of NationsBank and you may susceptible to new proviso of your instantly before sentence, each Financial (besides NationsBank) should buy and take away from NationsBank one contribution interest in all of the Tranche C Loans the hereunder on number of like Lender’s Commission Display thereof.

5(a) Quote Loan Credit limit. The firm will get from time to time, towards conditions and you may at the mercy of the new criteria set forth here, demand lenders in order to price repaired prices of which they’d, directly, expect you’ll loans improves into Providers hereunder when you look at the a great mentioned dollar matter and a stated Bid Loan Interest Period (“Quote Fund”); provided, but not, you to definitely inside zero enjoy shall:

(ii) The most Aggregate Borrowing limit without the amount of the brand new aggregate dollar quantity of Tranche A committed Financing, Tranche B Loans and Tranche C Finance the, the latest L/C Offered Number and one unrepaid L/C Pictures; and you may

For example refundings is going to be from lenders (as well as NationsBank) relative to the respective Fee Shares and should, afterwards, end up being shown as the Tranche A committed Finance of Lenders towards this new courses and you can info of your own Management Broker

(iii) New Guarantee Worth of the newest Facility Borrowing from the bank Feet and people Supplemental Cash Guarantee kept by Management Agent, without sum of the fresh aggregate money quantity of all Tranche A committed Loans and you can

5(b) Measures for Obtain Bid Funds. Should your Business desires to request the improvement out-of Quote Funds, it should deliver into the Administrative Broker (which birth may be by fax indication) a duly conducted Bid Mortgage Consult on the 3rd Working day before the recommended capital day, and therefore Bid Loan Demand shall specify: