Additional Revolving Credit Loans. The Borrower shall repay the aggregate amount of any Additional Revolving Credit Loans to the Administrative Agent on the maturity date to be agreed by the Borrower and the Additional Lenders.
Additional Revolving Credit Loans. Pursuant to Section 5.01 of the Credit Agreement, the obligation of the New Lender to make Loans and to issue or cause to be issued Letters of Credit is subject to, inter alia, the conditions precedent that (i) no Event of Default shall have occurred and be continuing and (ii) no material adverse change in the business, assets, operations or financial condition of any Borrower or any of its subsidiaries shall have occurred since April 30, 1994. You acknowledge that you have not satisfied all applicable conditions precedent set forth in Section 5.01 of the Credit Agreement by virtue of, inter alia, the occurrence of such a material adverse change and the continuance of the Existing Events of Default, and you further acknowledge that you have not complied with all of the representations, warranties, terms, covenants and conditions contained in the First Forbearance Agreement and the Second Forbearance Agreement. Notwithstanding the foregoing, you have requested that the New Lender make additional Revolving Credit Loans to the Borrowers up to a maximum aggregate amount equal to $3,000,000. Notwithstanding the failure to satisfy the conditions precedent set forth in Section 5.01 of the Credit Agreement and all of the representations, warranties, terms, covenants and conditions contained in the First Forbearance Agreement, the New Lender is willing, subject to its continuing sole and absolute discretion, to make additional Revolving Credit Loans to the Borrowers up to an aggregate amount of $3,000,000 from time to time in accordance with the foregoing request, subject, however, without limiting the ------- ------- New Lender's sole and absolute discretion as aforesaid, to (i) satisfaction of all other applicable conditions precedent set forth in Section 5.01 of the Credit Agreement with respect to each such Revolving Credit Loan and (ii) the agreement of the Loan Parties, evidenced by their signature below, (1) to the terms and conditions hereof, (2) that the proceeds of any such Revolving Credit Loan shall be used solely and exclusively for the proper operation of the Borrowers' businesses under their present circumstances in the ordinary course, including, without limitation, the payment of professional fees and expenses incurred in connection with the transactions contemplated in this Agreement and the Merger Agreement, and all other agreements between the New Lender and the Loan Parties contemplated to be executed and delivered simultaneously therewith, and...
Additional Revolving Credit Loans. The Borrower agrees that, notwithstanding anything in the Credit Agreement to the contrary, the Agent and the Lenders shall not be required and are under no obligation to make additional Revolving Credit Loans to the Borrower after the date hereof.
Additional Revolving Credit Loans. If and for so long as each of the Forbearance Conditions is satisfied, the Lender agrees to continue to make Revolving Credit Loans to the Borrower under the Credit Agreement, provided that (a) the requested Revolving Credit Loan, when added to the balance of all other Revolving Credit Loans then outstanding, does not exceed either the Revolving Credit Committed Amount or the Borrowing Base at such time, (b) the proceeds of the Revolving Credit Loan shall be used solely for the payment of those expenses which are expressly set forth in the Budget, and (c) the Lender agrees, in the exercise of its sole discretion, to make the requested Revolving Credit Loan. Each such additional Revolving Credit Loan which the Lender elects to make to the Borrower shall be payable according to the terms of, and at the interest rate set forth in, the Credit Agreement, and shall be secured by all of the Collateral.
Additional Revolving Credit Loans. Each Lender that is increasing its Revolving Credit Commitment (each such Lender, a “Revolver Increase Lender”) severally and for itself alone, hereby agrees, on the terms and subject to the conditions set forth herein and otherwise set forth in the Credit Agreement and in reliance upon the representations and warranties set forth herein and in the other Loan Documents, to (a) make Revolving Credit Loans to the Borrowers as set forth in Section 2.01(b) of the Credit Agreement up to its Revolving Credit Commitment set forth on Schedule 2.01 attached hereto as Exhibit B, (b) to participate in Letters of Credit as set forth in Section 2.03 of the Credit Agreement and (c) to participate in Swingline Loans as set forth in Section 2.04 of the Credit Agreement. From and after the Amendment Effective Date, each Revolver Increase Lender shall continue to be a party to the Credit Agreement as a “Revolving Credit Lender” and a “Lender” and have the rights and obligations of a Revolving Credit Lender and a Lender under the Credit Agreement and under the other Credit Documents and shall be bound by the provisions thereof. The Revolving Credit Facility, as increased hereby, shall for all purposes, constitute Obligations under the Credit Agreement and shall be secured and guaranteed with the other Obligations on a pari passu basis.
Additional Revolving Credit Loans. The Borrower promises to repay to the Administrative Agent for the ratable account of each Appropriate Lender of Additional Revolving Credit Loans the aggregate unpaid principal amount of all Additional Revolving Credit Loans (including any Letters of Credit and Swing Line Loans) of such Lenders on the Maturity Date of such Additional Revolving Credit Loans or earlier, if otherwise required by the terms hereof.
Additional Revolving Credit Loans. Subject to the terms and conditions hereof, each Lender severally agrees to make revolving credit loans ("Additional Revolving Credit Loans") to the Borrower from time to time during the Commitment Period for the Additional Revolving Credit Commitments in an aggregate principal amount at any one time outstanding which does not exceed the amount of such Lender's Additional Revolving Credit Commitment, provided that at no time shall the aggregate principal amount of Additional Revolving Credit Loans exceed the aggregate amount of the Additional Revolving Credit Commitments as then in effect. During such Commitment Period the Borrower may use the Additional Revolving Credit Commitments by borrowing, prepaying the Additional Revolving Credit Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof.
