Common use of Amounts and Terms of Commitments Clause in Contracts

Amounts and Terms of Commitments. Each Bank severally agrees, on the terms and conditions set forth herein, to make loans to each of the Borrowers from time to time on any Business Day during the period from the Closing Date to the Revolving Termination Date, in an aggregate amount for both Borrowers not to exceed at any time outstanding the amount set forth on Schedule 2.1 (such amount as the same may be reduced or increased under Section 2.5 or as a result of one or more assignments under Section 10.9, the Bank's "Commitment"); provided, however, that, after giving effect to any Borrowing, the aggregate principal amount of all outstanding Loans shall not at any time exceed the combined Commitments. Within the limits of each Bank's Commitment, and subject to the other terms and conditions hereof, each Borrower may borrow under this Section 2.1, prepay under Section 2.6 and reborrow under this Section 2.1.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Nuveen John Company), 364 Day Revolving Credit Agreement (Nuveen John Company)

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Amounts and Terms of Commitments. Each Bank severally agrees, on the terms and conditions set forth herein, to make loans Loans to each of the Borrowers 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 for both Borrowers not to exceed at any time outstanding the amount set forth on Schedule 2.1 (such amount as the same may be reduced or under Section 2.5, increased under Section 2.5 2.14, or reduced or increased as a result of one or more assignments under Section 10.910.7, the Bank's "Commitment"); provided, however, that, after giving effect to any Borrowing, the aggregate principal amount of all outstanding Loans shall not at any time exceed the combined Commitments. Within the limits of each Bank's Commitment, and subject to the other terms and conditions hereof, each Borrower the Company may borrow under this Section 2.1, prepay under Section 2.6 and reborrow under this Section 2.1.

Appears in 2 contracts

Samples: Credit Agreement (Unumprovident Corp), 364 Day Credit Agreement (Unumprovident Corp)

Amounts and Terms of Commitments. Each Bank severally agrees, on the terms and conditions set forth herein, to make loans to each of the Borrowers 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 for both Borrowers not to exceed at any time outstanding outstanding, the amount set forth on Schedule 2.1 2.01 (such amount amount, as the same may be reduced or increased under Section 2.5 2.05 or as a result of one or more assignments under Section 10.910.08, the Bank's "Commitment"); provided, however, that, after giving effect to any Borrowing, the aggregate principal amount of all outstanding Loans Loans, shall not at any time exceed the combined Commitments. Within the limits of each Bank's Commitment, and subject to the other terms and conditions hereof, each Borrower the Company may borrow under this Section 2.12.01, prepay under Section 2.6 2.06, and reborrow under this Section 2.12.01.

Appears in 1 contract

Samples: Credit Agreement (Longview Fibre Co)

Amounts and Terms of Commitments. Each Bank Lender severally but not jointly agrees, on the terms and conditions set forth herein, to make loans Committed Loans to each of the Borrowers 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 for both Borrowers not to exceed at any time outstanding the amount set forth on Schedule 2.1 2.01 (as such amount as the same may be reduced or increased under Section 2.5 2.07 or as a result of one or more assignments under Section 10.99.08, the Banksuch Lender's "Commitment"); provided, however, thatbut, after giving effect to any Committed Borrowing, the aggregate principal amount of all outstanding Loans shall not at any time exceed the combined Commitments. Within the limits of each BankLender's Commitment, and subject to the other terms and conditions hereof, each Borrower Company may borrow under this Section 2.1Section, prepay under Section 2.6 2.08 and reborrow under this Section 2.1before the Revolving Termination Date.

Appears in 1 contract

Samples: Revolving Credit Agreement (Commercial Metals Co)

Amounts and Terms of Commitments. Each Bank severally agrees, on the terms and conditions set forth herein, to make loans to each of the Borrowers 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 for both Borrowers not to exceed at any time outstanding the amount set forth opposite the name of such Bank on Schedule 2.1 2.01 (such amount as the same may be reduced or increased under Section 2.5 2.05 or as a result of one or more assignments under Section 10.910.06, the Bank's "’s “Commitment"); provided, however, that, after giving effect to any Borrowing, the aggregate principal amount of all outstanding Loans shall not at any time exceed the combined Commitments. Within the limits of each Bank's ’s Commitment, and subject to the other terms and conditions hereof, each Borrower the Company may borrow under this Section 2.12.01, prepay under Section 2.6 2.06 and reborrow under this Section 2.12.01.

Appears in 1 contract

Samples: Credit Agreement (Mentor Graphics Corp)

Amounts and Terms of Commitments. Each Bank severally agrees, on the terms and conditions set forth herein, to make loans Loans to each of the Borrowers 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 for both Borrowers not to exceed at any time outstanding the amount set forth on Schedule 2.1 (such amount amount, as the same may be reduced or increased under Section 2.5 or as a result of one or more assignments under Section 10.910.8, or as the same may be increased under Section 2.7, the Bank's "’s “Commitment"); provided, however, that, after giving effect to any Borrowing, the aggregate principal amount of all outstanding Loans shall not at any time exceed the combined Commitments. Within the limits of each Bank's ’s Commitment, and subject to the other terms and conditions hereof, each Borrower the Company may borrow under this Section 2.1, prepay under Section 2.6 and reborrow under this Section 2.1.

Appears in 1 contract

Samples: Credit Agreement (Mgic Investment Corp)

Amounts and Terms of Commitments. Each Bank severally agrees, on the -------------------------------- terms and conditions set forth herein, to make loans to each of the Borrowers 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 for both Borrowers not to exceed at any time outstanding the amount set forth on Schedule 2.1 2.01 (such amount as the same may be reduced or increased under Section 2.5 2.05 or as a result of one or more assignments under Section 10.910.08, the Bank's "Commitment"); provided, however, that, after giving effect to ---------- -------- ------- any Borrowing, the aggregate principal amount of all outstanding Loans shall not at any time exceed the combined Commitments. Within the limits of each Bank's Commitment, and subject to the other terms and conditions hereof, each Borrower the Company may borrow under this Section 2.12.01, prepay under Section 2.6 2.06 and reborrow under this Section 2.12.01.

Appears in 1 contract

Samples: Credit Agreement (Conner Peripherals Inc)

Amounts and Terms of Commitments. Each Bank severally agrees, on the terms and conditions set forth herein, to make loans to each of the Borrowers 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 for both Borrowers not to exceed at any time outstanding the amount set forth on Schedule 2.1 opposite the name of such Bank (such amount amount, as the same may be reduced or increased under Section 2.5 2.7 or 2.9 or as a result of one or more assignments permitted under Section 10.910.8, the Bank's "Commitment"); providedPROVIDED, howeverHOWEVER, that, after giving effect to any Committed Borrowing, the aggregate principal amount of all outstanding Loans Loans, shall not at any time exceed the combined Commitments. Within the limits of each Bank's Commitment, and subject to the other terms and conditions hereof, each Borrower the Company may borrow under this Section 2.1, prepay under Section 2.6 2.8 and reborrow under this Section 2.1.

Appears in 1 contract

Samples: Credit Agreement (Pacificare Health Systems Inc)

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Amounts and Terms of Commitments. Each Bank severally agrees, on the terms and conditions set forth herein, to make loans to each of the Borrowers 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 for both Borrowers not to exceed at any time outstanding the amount set forth opposite the name of such Bank on Schedule 2.1 2.01 (such amount as the same may be reduced or increased under Section 2.5 2.05 or as a result of one or more assignments under Section 10.910.07, the Bank's "’s “Commitment"); provided, however, that, after giving effect to any Borrowing, the aggregate principal amount of all outstanding Loans shall not at any time exceed the combined Commitments. Within the limits of each Bank's ’s Commitment, and subject to the other terms and conditions hereof, each Borrower the Company may borrow under this Section 2.12.01, prepay under Section 2.6 2.06 and reborrow under this Section 2.12.01.

Appears in 1 contract

Samples: Credit Agreement (Mentor Graphics Corp)

Amounts and Terms of Commitments. Each Bank severally agrees, on the terms and conditions set forth herein, to make loans to the Company (each of the Borrowers such loan, a "Revolving Loan" or a "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 for both Borrowers not to exceed at any time outstanding the amount set forth on Schedule 2.1 2.01 (such amount amount, as the same may be reduced or increased under Section 2.5 2.05 or as a result of one or more assignments under Section 10.910.08, the Bank's "Commitment"); provided, however, that, after giving effect to any Borrowing, the aggregate principal amount of all outstanding Loans shall not at any time exceed the combined Commitments. Within the limits of each Bank's Commitment, and subject to the other terms and conditions hereof, each Borrower the Company may borrow under this Section 2.12.01, prepay under Section 2.6 2.06 and reborrow under this Section 2.12.01.

Appears in 1 contract

Samples: Credit Agreement (R&b Falcon Corp)

Amounts and Terms of Commitments. Each Bank severally agrees, on the terms and conditions set forth herein, to make loans to the Company (each of the Borrowers 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 for both Borrowers not to exceed at any time outstanding the amount set forth on Schedule 2.1 (such amount amount, as the same may be reduced or increased under Section 2.5 or as a result of one or more assignments under Section 10.910.8, or increased under Section 2.15, the Bank's "Commitment"); provided, however, provided that, after giving effect to any BorrowingBorrowing of Revolving Loans, the aggregate principal amount of all outstanding Revolving Loans shall not at any time exceed the combined Commitments. Within the limits of each Bank's Commitment, and subject to the other terms and conditions hereof, each Borrower the Company may borrow under this Section 2.1, prepay under Section 2.6 and reborrow under this Section 2.1.

Appears in 1 contract

Samples: Credit Agreement (National Surgery Centers Inc \De\)

Amounts and Terms of Commitments. Each Bank severally agrees, on the terms and conditions set forth herein, to make loans to each of the Borrowers 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 for both Borrowers not to exceed at any time outstanding the amount set forth on Schedule 2.1 2.01 (such amount as the same may be reduced or increased under Section 2.5 2.09 or as a result of one or more assignments under Section 10.910.08, the Bank's "Commitment"); provided, however, that, after giving effect to any Committed Borrowing, the aggregate principal amount of all outstanding Loans shall not at any time exceed the combined CommitmentsAggregate Commitment. Within the limits of each Bank's Commitment, and subject to the other terms and conditions hereof, each Borrower the Company may borrow under this Section 2.12.01, prepay under Section 2.6 2.10 and reborrow under this Section 2.12.01.

Appears in 1 contract

Samples: Credit Agreement (Wallace Computer Services Inc)

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