Advances and Borrowings Sample Clauses

Advances and Borrowings. (a) Each Advance shall be made as part of a Borrowing consisting of Advances made by the Lenders ratably in accordance with their then Applicable Percentages. The failure of any Lender to make any Advance required to be made by it shall not relieve any other Lender of its obligations hereunder.
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Advances and Borrowings. Each Borrowing shall consist of LIBOR Advances made or continued by the Lenders ratably in accordance with their respective Commitments. Each Advance shall be in an integral multiple of $1,000,000, and the minimum amount of an Advance shall be $1,000,000; provided, however, if less than $1,000,000 is available to the Borrower a LIBOR Advance may be requested by the Borrower in an aggregate amount that is equal to the entire unused balance of each Lender’s Commitment. The failure of any Lender to make any Advance required to be made by it shall not relieve any other Lender of its obligations hereunder; provided that the Commitments of the Lenders are several and not joint (mancomunado), and no Lender shall be responsible for any other Lender’s failure to make Advances as required.
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Advances and Borrowings. Each Advance shall be made as part of a Borrowing. Each Advance shall be in an aggregate amount that is not less than $500,000. The Warehouse Collateral Manager, on behalf of the Borrower, shall direct whether an Advance made to the Borrower shall be used for the purchase of a Warehouse Asset directly by the Borrower or a Designated Subsidiary.
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Advances and Borrowings. 31 Section 2.03. Requests for Borrowings; Authorization of Purchases and Equity
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Advances and Borrowings. (a) Each Advance shall be made as part of a Borrowing consisting of Advances made by the Holders ratably in accordance with the amounts of their respective Unfunded Commitments. The failure of any Holder to make any Advance required shall not relieve any other Holder of its obligations hereunder; provided that the Commitments are several and no Holder shall be responsible for any other Holder’s failure to make Advances as so required. No Advance may be made if, after giving effect thereto and to any other Borrowing Request given and pending, the aggregate outstanding principal amount of all Advances would exceed the aggregate amount of the Commitments.
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Advances and Borrowings. Each Advance shall be made as part of a Borrowing. Each Advance shall be in an aggregate amount that is not less than $500,000.
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Advances and Borrowings. (a) Each Advance shall be made as part of a Borrowing consisting of Advances made by the Lenders ratably in accordance with their then Applicable Percentages. The failure of any Lender to make any Advance required to be made by it shall not relieve any other Lender of its obligations hereunder. (b) Each Borrowing shall be in an amount of $10,000,000 or a whole multiple of $1,000,000 in excess thereof. Subject to the conditions set forth in Article 4 and the other terms and conditions set forth herein, Borrower may from time to time borrow, prepay pursuant to Section 2.10(a) and reborrow under this Section 2.02.
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Advances and Borrowings 
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Related to Advances and Borrowings

  • Loans and Borrowings (a) Each Loan shall be made as part of a Borrowing consisting of Loans made by the Lenders ratably in accordance with their respective Commitments. The failure of any Lender to make any Loan required to be made by it shall not relieve any other Lender of its obligations hereunder; provided that the Commitments of the Lenders are several and no Lender shall be responsible for any other Lender’s failure to make Loans as required.

  • Revolving Loans and Borrowings (a) Each Loan shall be made as part of a Borrowing consisting of Revolving Loans made by the Lenders in accordance with their respective Applicable Percentages. The failure of any Lender to make any Revolving Loan required to be made by it shall not relieve any other Lender of its obligations hereunder; provided that the Revolving Commitments of the Lenders are several and no Lender shall be responsible for any other Lender’s failure to make Revolving Loans as required.

  • Types of Loans and Borrowings For purposes of this Agreement, Loans and Borrowings, respectively, may be classified and referred to by Type (e.g., a “Eurodollar Loan” or a “Eurodollar Borrowing”).

  • The Commitments and Borrowings 21 2.01 Loans..........................................................................................21 2.02 Borrowings, Conversions and Continuations of Loans.............................................22 2.

  • Classification of Loans and Borrowings For purposes of this Agreement, Loans may be classified and referred to by Class (e.g., a “Revolving Loan”) or by Type (e.g., a “Eurodollar Loan”) or by Class and Type (e.g., a “Eurodollar Revolving Loan”). Borrowings also may be classified and referred to by Class (e.g., a “Revolving Borrowing”) or by Type (e.g., a “Eurodollar Borrowing”) or by Class and Type (e.g., a “Eurodollar Revolving Borrowing”).

  • Classifications of Loans and Borrowings For purposes of this Agreement, Loans may be classified and referred to by Class (e.g. a “Revolving Loan” or “Term Loan”) or by Type (e.g. a “Eurodollar Loan” or “Base Rate Loan”) or by Class and Type (e.g. “Revolving Eurodollar Loan”). Borrowings also may be classified and referred to by Class (e.g. “Revolving Borrowing”) or by Type (e.g. “Eurodollar Borrowing”) or by Class and Type (e.g. “Revolving Eurodollar Borrowing”).

  • Revolving Borrowings Subject to the terms and conditions set forth herein, each Revolving Lender severally agrees to make loans (each such loan, a “Revolving Loan”) to the Borrower, in Dollars, from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving Commitment; provided, however, that after giving effect to any Revolving Borrowing, (i) the Total Revolving Outstandings shall not exceed the Revolving Facility, and (ii) the Revolving Exposure of any Lender shall not exceed such Revolving Lender’s Revolving Commitment. Within the limits of each Revolving Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow Revolving Loans, prepay under Section 2.05, and reborrow under this Section 2.01(b). Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein; provided, however, any Revolving Borrowings made on the Closing Date or any of the three (3) Business Days following the Closing Date shall be made as Base Rate Loans unless the Borrower delivers a Funding Indemnity Letter not less than three (3) Business Days prior to the date of such Revolving Borrowing.

  • All Borrowings On the date of each Borrowing:

  • Borrowings The obligation of any Bank to make a Loan on the occasion of any Borrowing is subject to the satisfaction of the following conditions:

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