Alternative Currency Tranche Loans. Subject to and upon the terms and conditions herein set forth, each Alternative Currency Tranche Lender severally agrees to make Alternative Currency Tranche Loans denominated in Dollars or in one or more Alternative Currencies to the Borrower (each such loan, a “Alternative Currency Tranche Loan”) in an aggregate Outstanding Amount not to exceed at any time the amount of such Revolving Credit Lender’s Alternative Currency Commitment; provided that (x) any of the foregoing such Alternative Currency Tranche Loans (1) shall be made at any time and from time to time during the Availability Period, (2) may, at the option of the Borrower be incurred and maintained as, and/or converted into, Base Rate Loans or Eurocurrency Loans that are Alternative Currency Tranche Loans as further provided herein; provided that all Alternative Currency Tranche Loans made by each of the Lenders pursuant to the same Borrowing shall, unless otherwise specifically provided herein, consist entirely of Alternative Currency Tranche Loans of the same Type and currency, (3) may be repaid (without premium or penalty) and reborrowed in accordance with the provisions hereof, (4) shall not, for any Lender at any time, after giving effect thereto and to the application of the proceeds thereof, result in such Revolving Credit Lender’s Revolving Credit Exposure at such time exceeding such Revolving Credit Lender’s Revolving Credit Commitment at such time, (5) shall not, after giving effect thereto and to the application of the proceeds thereof, result at any time in the aggregate amount of the Revolving Credit Lenders’ Revolving Credit Exposures at such time exceeding the Total Revolving Credit Commitment then in effect and (6) shall not, after giving effect thereto and to the application of the proceeds thereof, result at any time in the aggregate Outstanding Amount of Alternative Currency Tranche Loans exceeding the amount of the Alternative Currency Tranche at such time, and (y) after giving effect to any such Alternative Currency Tranche Loans, Availability shall be greater than or equal to $0.
Alternative Currency Tranche Loans. Subject to the terms and conditions set forth herein, each Alternative Currency Tranche Lender severally agrees to make revolving loans (each such loan, an “Alternative Currency Tranche Loan”) to the Borrowers in Dollars or in an Alternative Currency on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Revolving Lender’s Alternative Currency Commitment; provided, however, that after giving effect to any Committed Borrowing of Alternative Currency Tranche Loans, (w) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, (x) the aggregate Outstanding Amount of Alternative Currency Tranche Loans shall not exceed the aggregate amount of all Alternative Currency Commitments, (y) the aggregate Outstanding Amount of the Committed Revolving Loans of any Revolving Lender, plus such Revolving Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations shall not exceed such Revolving Lender’s Revolving Commitment, and (z) the aggregate Outstanding Amount of all Loans denominated in Alternative Currencies shall not exceed the Alternative Currency Sublimit. Within the limits of each Revolving Xxxxxx’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrowers may borrow under this Section 2.01, prepay under Section 2.06, and reborrow under this Section 2.01. Alternative Currency Tranche Loans may be Base Rate Loans, LIBOR Floating Rate Loans or Eurocurrency Rate Loans, as further provided herein.
Alternative Currency Tranche Loans. Indicate: Borrowing or Conversion or Continuation Indicate: Applicable Borrower Name Indicate: Requested Amount Indicate: Currency Indicate: Base Rate Loan or Eurocurrency Loan or LIBOR Floating Rate Loans5 For Eurocurrency Loan Indicate: Interest Period (e.g. 1, 2, 3 or 6 month interest period6) Term A-1 Loan Facility Indicate: Borrowing or Conversion or Continuation Indicate: Applicable Borrower Name7 Indicate: Requested Amount Indicate: Currency Indicate: Base Rate Loan or Eurocurrency Loan or LIBOR Floating Rate Loans For Eurocurrency Loan Indicate: Interest Period (e.g. 1, 2, 3 or 6 month interest period8) Americold Realty Operating Partnership L.P. Dollars Dollars Dollars 5 LIBOR Floating Rate Loans available (whether by Borrowing, conversion or otherwise) only to Parent Borrower, and Loans denominated in currencies other than Dollars must be Eurocurrency Loans. 6 twelve (12) months or a period of shorter than one month may be selected with the consent of all Alternative Currency Tranche Lenders.
