Amounts and Terms of Commitment Sample Clauses

Amounts and Terms of CommitmentEach Bank severally agrees, on the terms and conditions set forth herein, to make loans to the Company (each such loan, a "REVOLVING LOAN") from time to time on any Business Day during the period from the Closing Date to the Revolving Termination Date, in an aggregate amount not to exceed at any time outstanding the amount set forth on SCHEDULE 2.01 (such amount, as the same may be reduced under Section 2.05 or as a result of one or more assignments under Section 10.08, the Bank's "COMMITMENT"); PROVIDED, HOWEVER, that, after giving effect to any Borrowing of Revolving Loans (exclusive of Revolving Loans which are repaid with the proceeds of, and simultaneously with the incurrence of, the respective incurrence of Revolving Loans), the Effective Amount of all outstanding Revolving Loans and the Effective Amount of all L/C Obligations, shall not at any time exceed the combined Commitments; AND PROVIDED FURTHER, that the Effective Amount of the Revolving Loans of any Bank plus the participation of such Bank in the Effective Amount of all L/C Obligations shall not at any time exceed such Bank's Commitment. Within the limits of each Bank's Commitment, and subject to the other terms and conditions hereof, the Company may borrow under this Section 2.01, prepay under Section 2.06 and reborrow under this Section 2.01.
Amounts and Terms of Commitment. Bank agrees to make available to the Borrowers, including the Parent, from the Effective Date until the fifth anniversary of the date hereof or until such earlier date on which the Bank terminates the Commitment pursuant to Section 8.02(a) or the Parent terminates the Commitment pursuant to Section 2.05(a) (the "Termination Date"), committed funds in an aggregate amount of $55,000,000 at any time outstanding (subject to reduction pursuant to Section 2.05(a)) on the terms and conditions set forth in this Agreement, as follows:
Amounts and Terms of Commitment. Subject to the terms and conditions of this Agreement, the Issuing Bank agrees to issue Letters of Credit for the account of the Borrower or, subject to Section 3.01(a), its Restricted Subsidiaries from time to time from the date hereof until the third anniversary of the date hereof, or until such earlier date on which the Bank terminates the Commitment pursuant to Section 10.02(a) or the Borrower terminates the Commitment pursuant to Section 2.02(b) (the “Termination Date”), provided that the aggregate Letter of Credit Obligations (after giving effect to any requested Letters of Credit) shall not at any time exceed the Commitment.
Amounts and Terms of Commitment. 14 2.02. REVOLVING LOAN NOTE............................................ 14 2.03.
Amounts and Terms of CommitmentThe Bank agrees, on the terms and conditions set forth herein, to make loans to the Company (each such loan, a "Revolving Loan") from time to time on any Business Day during the period from the Closing Date to the Revolving Termination Date, in an aggregate amount not to exceed at any time outstanding, $15,000,000 (such amount, as the same may be reduced under Section 2.05, the "Commitment"); provided, however, that, after giving effect to any Borrowing of Revolving Loans, the Effective Amount of all outstanding Revolving Loans, shall not at any time exceed the Commitment. Within the limits of the Commitment, and subject to the other terms and conditions hereof, the Company may borrow under this Section 2.01, prepay under Section 2.06 and reborrow under this Section 2.01.
Amounts and Terms of CommitmentEach Lender severally agrees, on the terms and conditions hereinafter set forth, to make Loans to the Borrowers from time to time on any Business Day during the period from the date hereof to the Maturity Date, in an aggregate amount (determined in U.S. Dollars, including, when applicable, in the Equivalent Amount of any requested and outstanding Offshore Currency Loans pursuant to subsection 2.5(a)) not to exceed at any time the lesser of (a) the Commitment of such Lender as set forth in the definition of Commitment Percentages in SECTION 1 hereof (such amount as the same may be reduced pursuant to SECTION 2.6 or as a result of one or more assignments pursuant to SECTION 11.8, the Lender's "REVOLVING COMMITMENT"), (b) the Borrowing Base, and (c) the Available Loan Commitment; PROVIDED, HOWEVER, that, after giving effect to any Loan, the aggregate principal amount (determined in U.S. Dollars, including, when applicable, in the Equivalent Amount of any requested and outstanding Offshore Currency Loans pursuant to SECTION 2.5(A)) of all outstanding Loans shall not exceed the Commitment; AND PROVIDED FURTHER that, after giving effect to any Offshore Currency Loans, the Equivalent Amount of the aggregate principal amount of all outstanding Offshore Currency Loans shall not exceed the Offshore Currency Commitment. Within the limits of each Lender's Revolving Commitment, and subject to the other terms and conditions hereof, the Borrowers may borrow under this SECTION 2.1, prepay pursuant to SECTION 2.7 and reborrow pursuant to this SECTION 2.1.
Amounts and Terms of CommitmentEach Bank severally agrees, on the terms and conditions set forth herein, to make loans to the Borrower (each such loan, a "Revolving Loan") from time to time on any Business Day during the period from the Closing Date to the Revolving Termination Date, in an aggregate amount not to exceed at any time outstanding the amount set forth on Schedule 2.1 under the heading "Commitment" (such amount, as the same may be reduced under Section 2.5 or reduced or increased as a result of one or more assignments under Section 10.8); provided, however, that, after giving effect to any Borrowing of Revolving Loans, the Effective Amount of all outstanding Revolving Loans shall not at any time exceed the Total Commitment Amount. Within the limits of each Bank's Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.1, prepay under Section 2.6 and reborrow under this Section 2.1.
Amounts and Terms of Commitment. 32 (a) Term Loan................................................... 32 (b) Sterling Acquisition Loan................................... 32 (c) The Revolving Credit........................................ 32 (d) Swing Line Loans............................................ 34 (e) PTI Term Loan............................................... 37 2.02
Amounts and Terms of Commitment. (a) The Bank agrees, on the terms and conditions set forth herein, to make Loans to the Company from time to time on any Business Day during the period from the Closing Date to the Revolving Termination Date, in an aggregate amount not to exceed at any time outstanding the amount of $20,000,000 (such amount as the same may be reduced pursuant to Section 2.05 or Section 2.07 or as a result of one or more assignments pursuant to Section 10.07, the "Commitment"); provided, however, that after giving effect to any Loan, the Effective Amount of all Loans and all L/C Obligations shall not exceed at any time the Commitment. Within the limits of the foregoing, and subject to the other terms and conditions hereof, the Company may borrow under this subsection 2.01(a), prepay pursuant to Section 2.06 and reborrow pursuant to this subsection 2.01(a). (b) The Bank agrees to provide a revolving letter of credit subfacility to the Company within the Commitment, in accordance with the terms and conditions of Article III and as otherwise provided herein. (c) As of the Closing Date, all Prior Credit shall be deemed to be credit extended hereunder (i.e. loans thereunder shall be deemed to be Loans hereunder and letters of credit issued thereunder shall be deemed to be Letters of Credit issued
Amounts and Terms of Commitment. 26 2.02 Notes ....................................................... 27 2.03