Common use of Amount and Nature of Credit Clause in Contracts

Amount and Nature of Credit. (a) Subject to the terms and conditions of this Agreement, the Lenders, during the Commitment Period and to the extent hereinafter provided, shall make Loans to Borrower, participate in Swing Loans made by the Swing Line Lender to Borrower, and issue or participate in Letters of Credit at the request of Borrower, in such aggregate amount as Borrower shall request pursuant to the Commitment; provided, however, that in no event shall the Revolving Credit Exposure be in excess of the Total Commitment Amount.

Appears in 7 contracts

Samples: Credit Agreement (Cintas Corp), Credit Agreement (Cintas Corp), Assignment and Acceptance Agreement (Parametric Technology Corp)

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Amount and Nature of Credit. (a) Subject to the terms and conditions of this Agreement, the Lenders, during the Commitment Period and to the extent hereinafter provided, shall make Loans to Borrower, participate in Swing Loans made by the Swing Line Lender to Borrower, and issue or participate in Letters of Credit at the request of Borrower, in such aggregate amount as Borrower shall request pursuant to the Commitment; provided, however, that in no event shall the Revolving aggregate principal amount of all Loans and Letters of Credit Exposure outstanding under this Agreement be in excess of the Total Commitment Amount.

Appears in 6 contracts

Samples: Assignment and Acceptance Agreement (Epiq Systems Inc), Assignment and Acceptance Agreement (Netscout Systems Inc), Credit and Security Agreement (Jupitermedia Corp)

Amount and Nature of Credit. (a) Subject to the terms and conditions of this Agreement, the Lenders, during the Commitment Period and to the extent hereinafter provided, shall make Loans to BorrowerBorrowers, participate in Swing Loans made by the Swing Line Lender to BorrowerBorrowers, and issue or participate in Letters of Credit at the request of BorrowerBorrowers, in such aggregate amount as Borrower Borrowers shall request pursuant to the Commitment; provided, however, provided that in no event shall the Revolving aggregate principal amount of all Loans and Letters of Credit Exposure outstanding under this Agreement be in excess of the Total Commitment Amount.

Appears in 5 contracts

Samples: Credit and Security Agreement (Epiq Systems Inc), Credit Agreement (Gibraltar Industries, Inc.), Credit and Security Agreement (Epiq Systems Inc)

Amount and Nature of Credit. (a) Subject to the terms and conditions of this Agreement, the Lenders, during the Commitment Period and to the extent hereinafter provided, shall make Loans to Borrower, participate in Swing Loans made by the Swing Line Lender to Borrower, and issue or participate in Letters of Credit at the request of Borrower, in such aggregate amount as Borrower shall request pursuant to the Commitment; provided, however, provided that in no event shall the Revolving aggregate principal amount of all Loans and Letters of Credit Exposure outstanding under this Agreement be in excess of the Total Commitment Amount.

Appears in 3 contracts

Samples: Credit and Security Agreement (Shiloh Industries Inc), Credit and Security Agreement (Shiloh Industries Inc), Credit and Security Agreement (Kratos Defense & Security Solutions, Inc.)

Amount and Nature of Credit. (a) Subject to the terms and conditions of this Agreement, the Lenders, during the Commitment Period and to the extent hereinafter provided, shall make Revolving Loans to BorrowerBorrowers, participate in Swing Loans made by the Swing Line Lender to US Borrower, and issue or participate in Letters of Credit at the request of Administrative Borrower, in such aggregate amount as Borrower Borrowers shall request pursuant to the Commitment; provided, however, provided that in no event shall the Revolving aggregate principal amount of all Loans and Letters of Credit Exposure outstanding under this Agreement be in excess of the Total Commitment Revolving Amount.

Appears in 3 contracts

Samples: Credit Agreement (TTEC Holdings, Inc.), Security Agreement (Teletech Holdings Inc), Credit Agreement (Teletech Holdings Inc)

Amount and Nature of Credit. (a) Subject to the terms and conditions of this Agreement, the Lenders, during the Commitment Period and to the extent hereinafter provided, shall make Loans to BorrowerBorrowers, participate in Swing Loans made by the Swing Line Lender to US Borrower, and issue or participate in Letters of Credit at the request of US Borrower, in such aggregate amount as Borrower Borrowers shall request pursuant to the Commitment; provided, however, that in no event shall the Revolving Credit Exposure be in excess of the Total Commitment Amount.

Appears in 2 contracts

Samples: Credit Agreement (Applied Industrial Technologies Inc), Credit Agreement (Applied Industrial Technologies Inc)

Amount and Nature of Credit. (a) Subject to the terms and conditions of this Agreement, the Lenders, during the Commitment Period and to the extent hereinafter provided, shall make Loans to Borrower, participate in Swing Loans made by the Swing Line Lender to Borrower, and issue or participate in Letters of Credit at the request of Borrower, Borrower in such aggregate amount as Borrower shall request pursuant to the Commitment; provided, however, that in no event shall the Revolving Credit Exposure be in excess of the Total Commitment Amount.

Appears in 1 contract

Samples: Assignment and Acceptance Agreement (Bea Systems Inc)

Amount and Nature of Credit. (a) Subject to the terms and conditions of this Agreement, the Lenders, during the Commitment Period and to the extent hereinafter provided, shall make Loans to Borrower, participate in Swing Loans made by the Swing Line Lender to Borrower, Borrower and issue or participate in Letters of Credit at the request of Borrower, in such aggregate amount as Borrower shall request pursuant to the Commitment; provided, however, that in no event shall the Revolving Credit Exposure be in excess of the Total Commitment Amount.

Appears in 1 contract

Samples: Credit Agreement (Schulman a Inc)

Amount and Nature of Credit. (a) Subject to the terms and conditions of this Agreement, the Lenders, during the Commitment Period and to the extent hereinafter provided, shall make Loans to BorrowerBorrowers, participate in Swing Loans made by the Swing Line Lender to US Borrower, and issue or participate in Letters of Credit at the request of Administrative Borrower, in such aggregate amount as Borrower Borrowers shall request pursuant to the Commitment; provided, however, provided that in no event shall the Revolving Credit Exposure be in excess of the Total Commitment Amount.

Appears in 1 contract

Samples: Credit Agreement (Nn Inc)

Amount and Nature of Credit. (a) Subject to the terms and conditions of this Agreement, the Lenders, during the Commitment Period and to the extent hereinafter provided, shall make Loans to BorrowerBorrowers, participate in Swing Loans made by the Swing Line Lender to Borrower, US Borrowers and issue or participate in Letters of Credit at the request of Administrative Borrower, in such aggregate amount as Borrower Borrowers shall request pursuant to the Commitment; provided, however, that in no event shall the Revolving Credit Exposure be in excess of the Total Commitment Amount.

Appears in 1 contract

Samples: Credit Agreement (IHS Inc.)

Amount and Nature of Credit. (a) Subject to the terms and conditions of this Agreement, the Lenders, during the Commitment Period and to the extent hereinafter provided, shall make Loans to Borrower, participate in Swing Loans made by the Swing Line Lender to Borrower, and issue or participate in Letters of Credit at the request of Borrower, in such aggregate amount as Borrower shall request pursuant to the Commitment; provided, however, that in no event shall the Revolving Credit Exposure be in excess of the Total Commitment AmountRevolving Credit Commitment.

Appears in 1 contract

Samples: Assignment and Acceptance Agreement (Pioneer Standard Electronics Inc)

Amount and Nature of Credit. (a) Subject to the terms and conditions of this Agreement, the Lenderseach Bank, during the Commitment Period and to the extent hereinafter provided, shall make Loans to BorrowerBorrowers, issue or participate in Letters of Credit and participate in Swing Loans made by the Swing Line Lender Bank to Borrower, and issue or participate in Letters of Credit at the request of BorrowerBorrowers, in such aggregate amount as Borrower Borrowers shall request pursuant to the CommitmentCommitments; provided, however, that in no event shall the Revolving Credit Exposure and the outstanding principal balance of the Term Loan be in excess of the Total Commitment Amount.

Appears in 1 contract

Samples: Credit and Security Agreement (MTC Technologies Inc)

Amount and Nature of Credit. (a) Subject to the terms and conditions of this Agreement, the Lenders, during the Commitment Period and to the extent hereinafter provided, shall make Loans to the Borrower, participate in Swing Loans made by the Swing Line Lender to the Borrower, and issue or participate in Letters of Credit at the request of the Borrower, in such aggregate amount as the Borrower shall request pursuant to the Commitment; provided, however, that in no event shall the Revolving Credit Exposure be in excess of the Total Commitment Amount.

Appears in 1 contract

Samples: Credit and Security Agreement (Bel Fuse Inc /Nj)

Amount and Nature of Credit. (a) Subject to the terms and conditions of this Agreement, the Lenders, during the applicable Commitment Period PeriodPeriods and to the extent hereinafter provided, shall make Loans to Borrowerthe Borrowers, participate in Swing Loans made by the Swing Line Lender Lenders to Borrowerthe Borrowers, and issue or participate in Letters of Credit at the request of Borrowerthe Borrowers, in such aggregate amount as Borrower the Borrowers shall request pursuant to the Commitment; provided, however, provided that in no event shall the Revolving Credit Exposure be in excess of the Total Commitment Amount.44

Appears in 1 contract

Samples: First Amendment Agreement (DMC Global Inc.)

Amount and Nature of Credit. (a) Subject to the terms and conditions of this Agreement, the Lenders, during the Commitment Period and to the extent hereinafter provided, shall make Revolving Loans to the Borrower, participate in Swing Loans made by the Swing Line Lender to the Borrower, and issue or participate in Letters of Credit at the request of the Borrower, in such aggregate amount as the Borrower shall request pursuant to the Commitment; provided, however, that Commitment in no event shall the Revolving Credit Exposure be in excess respect of the Total Commitment Amount.Revolving

Appears in 1 contract

Samples: Credit and Security Agreement (Sleep Number Corp)

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Amount and Nature of Credit. (a) Subject to the terms and conditions of this Agreement, the Lenderseach Bank, during the Commitment Period and to the extent hereinafter provided, shall make Loans to Borrower, Borrowers and participate in Swing Loans made by the Swing Line Lender Bank to Borrower, and issue or participate in Letters of Credit at the request of BorrowerBorrowers, in such aggregate amount as Borrower Borrowers shall request pursuant to the Commitment; provided, however, that in no event shall the Revolving Credit Exposure be in excess of the Total Commitment Amount.

Appears in 1 contract

Samples: Credit and Security Agreement (MTC Technologies Inc)

Amount and Nature of Credit. (a) Subject to the terms and conditions of this Agreement, the Lenders, during the Commitment Period and to the extent hereinafter provided, shall make Loans to BorrowerBorrowers, participate in Swing Loans made by the Swing Line Lender to BorrowerUS Borrowers, and issue or participate in Letters of Credit at the request of Administrative Borrower, in such aggregate amount as Borrower Borrowers shall request pursuant to the Commitment; provided, however, that in no event shall the Revolving Credit Exposure be in excess of the Total Commitment Amount.

Appears in 1 contract

Samples: Assignment and Acceptance Agreement (Agilysys Inc)

Amount and Nature of Credit. (a) Subject to the terms and conditions of this Agreement, the Lenders, during the Commitment Period and to the extent hereinafter provided, shall make Loans to Borrower, participate in Swing Loans made by the Swing Line Lender to Borrower, and issue or participate in Letters of Credit at the request of Borrower, in such aggregate amount as Borrower shall request pursuant to the Commitment; provided, however, provided that in no event shall the Revolving aggregate principal amount of all Loans outstanding and the Letter of Credit Exposure under this Agreement be in excess of the Total Commitment Amount.

Appears in 1 contract

Samples: Credit Agreement (Sykes Enterprises Inc)

Amount and Nature of Credit. (a) Subject to the terms and conditions of this Agreement, the =Lenders, during the Commitment Period and to the extent hereinafter provided, shall make Loans to Borrower, participate in Swing Loans made by the Swing Line Lender to Borrower, and issue or participate in Letters of Credit at the request of Borrower, in such aggregate amount as Borrower shall request pursuant to the Commitment; provided, however, that in no event shall the Revolving Credit Exposure be in excess of the Total Commitment Amount.

Appears in 1 contract

Samples: Credit Agreement (Sykes Enterprises Inc)

Amount and Nature of Credit. (a) Subject to the terms and conditions of this Agreement, the Lenders, during the Commitment Period and to the extent hereinafter provided, shall make Loans to Borrower, Borrowers participate in Swing Loans made by the Swing Line Lender to Borrower, US Borrowers and issue or participate in Letters of Credit at the request of Administrative Borrower, in such aggregate amount as Borrower Borrowers shall request pursuant to the Commitment; provided, however, that in no event shall the Revolving Credit Exposure be in excess of the Total Commitment Amount.

Appears in 1 contract

Samples: Credit Agreement (IHS Inc.)

Amount and Nature of Credit. (a) Subject to the terms and conditions of this Agreement, the Lenders, during the Commitment Period and to the extent hereinafter provided, shall make Loans to Borrowerthe Borrowers, participate in Swing Loans made by the Swing Line Lender to Borrowerthe Borrowers, and issue or participate in Letters of Credit at the request of Borrowerthe Borrowers, in such aggregate amount as Borrower the Borrowers shall request pursuant to the Commitment; provided, however, that in no event shall the Revolving Credit Exposure be in excess of the Total Commitment Amount.

Appears in 1 contract

Samples: Second Amendment Agreement (Universal Logistics Holdings, Inc.)

Amount and Nature of Credit. (a) Subject to the terms and conditions of this Agreement, the Lenders, during the Commitment Period and to the extent hereinafter provided, shall make Loans to BorrowerBorrowers, participate in Swing Loans made by the any Swing Line Lender to BorrowerBorrowers, and issue or participate in Letters of Credit at the request of Administrative Borrower, in such aggregate amount as Borrower Borrowers shall request pursuant to the Commitment; provided, however, provided that in no event shall the Revolving Credit Exposure be in excess of the Total Commitment Amount.

Appears in 1 contract

Samples: Credit Agreement (Nn Inc)

Amount and Nature of Credit. (a) Subject to the terms and conditions of this Agreement, the Lenders, during the Commitment Period and to the extent hereinafter provided, shall make Loans to Borrower, participate in Swing Loans made by the Swing Line Lender to Borrower, and issue or participate in Letters of Credit at the request of Borrower, in such aggregate amount as Borrower shall request pursuant to the Commitment; provided, however, provided that in no event shall the Revolving Credit Exposure be in excess of the Total Commitment Amount.

Appears in 1 contract

Samples: Credit Agreement (Sykes Enterprises Inc)

Amount and Nature of Credit. (a) Subject to the terms and conditions of this Agreement, the Lenders, during the Commitment Period and to the extent hereinafter provided, shall make Loans to BorrowerBorrowers, participate in Swing Loans made by the Swing Line Lender to US Borrower, and issue or participate in Letters of Credit at the request of Administrative Borrower, in such aggregate amount as Borrower Borrowers shall request pursuant to the Commitment; provided, however, provided that in no event shall the Revolving aggregate principal amount of all Loans and Letters of Credit Exposure outstanding under this Agreement be in excess of the Total Commitment Amount.

Appears in 1 contract

Samples: Credit Agreement (Teletech Holdings Inc)

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