1Revolving Loans. (a)Subject to the terms and conditions of this Agreement, and during the term of this Agreement, each Revolving Lender agrees (severally, not jointly or jointly and severally) to make revolving loans (“Revolving Loans”) to Borrowers in an amount at any one time outstanding not to exceed the lesser of:
1Revolving Loans. (a)Prior to the Termination Date, and so long as no Default has occurred and is continuing, the Lender agrees, on the terms and conditions set forth in this Agreement to extend to the Company Revolving Loans from time to time in amounts not to exceed in the aggregate at any one time outstanding the Revolving Loan Commitment. Subject to the terms of this Agreement, the Company may borrow, repay (in whole or in part) and reborrow the Revolving Loans prior to the Termination Date for Revolving Loans. The Revolving Loans made by the Lender shall be evidenced by the Revolving Credit Note.
1Revolving Loans. (a)Subject to the terms and conditions set forth herein, each Revolving Lender may, at Borrower’s request, severally and not jointly, in its sole discretion, make available to Borrower Revolving Loans from time to time during the Revolving Loan Availability Period in US Dollars; provided, that after giving effect to each such Revolving Loans made by such Revolving Lender shall not exceed such Revolving Lender’s Revolving Loan Percentage of the lesser of (i) the Maximum Revolving Loan Amount and (ii) the Borrowing Base and all Revolving Loans shall not exceed the lesser of (i) the Maximum Revolving Loan Amount and (ii) the Borrowing Base.
1Revolving Loans. 15 2.2Letter of Credit Accommodations.........................................17 2.3Term Loan...............................................................19 2.
1Revolving Loans. Subject to the terms and conditions set forth in this Agreement, each Lender, severally and not jointly, will make Revolving Loans to the Borrowers in aggregate amounts outstanding at any time prior to the Facility Termination Date equal to such Lender’s Commitment Percentage of the Maximum Borrowing Amount minus such Lender’s Commitment Percentage of the Letter of Credit Exposure. All Revolving Loans bear interest as a SOFR Loan unless the Borrowers elect to convert them to Base Rate Loans pursuant to Section 2.2(b). If requested by a Lender, that Lender’s Revolving Loans shall be evidenced by a secured promissory note (each, a “Revolving Note”) substantially in the form attached hereto as Exhibit B.
1Revolving Loans
