Amounts and Terms of Commitments. Each Lender severally agrees, on the terms and conditions set forth herein, to make Committed Loans to the Company from time to time on any Business Day during the period from the Effective Date to the Termination Date, in an aggregate amount not to exceed at any time outstanding the amount set forth on SCHEDULE 2.1 (such amount, as reduced pursuant to SECTION 2.7, or changed by one or more assignments under SECTION 11.8, such Lender's "COMMITMENT"); PROVIDED, HOWEVER, that, after giving effect to any Committed Borrowing, the Total Outstandings shall not exceed the combined Commitments; AND PROVIDED, FURTHER, that the aggregate principal amount of the Committed Loans of any Lender PLUS the participation of such Lender in the principal amount of all outstanding Swing Line Loans and in the Effective Amount of all L/C Obligations shall not at any time exceed such Lender's Commitment. Within the limits of each Lender's Commitment, and subject to the other terms and conditions hereof, the Company may borrow under this SECTION 2.1, prepay under SECTION 2.8 and reborrow under this SECTION 2.1.
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Amounts and Terms of Commitments. The Term Credit. Each Lender Bank severally agrees, on the terms and conditions set forth herein, to make Committed Loans loans to the Company (each such loan, a "Term Loan") from time to time on any Business Day during the period from the Effective Closing Date to the Termination Term Availability Expiry Date, in an aggregate amount not to exceed at any time outstanding the amount set forth opposite such Bank's name on SCHEDULE 2.1 Schedule 2.01 under the heading "Term Commitment" (such amount, as the same may be reduced pursuant to SECTION 2.7, under Section 2.08 or changed by reduced or increased as a result of one or more assignments under SECTION 11.8Section 11.08, such LenderBank's "COMMITMENTTerm Commitment"); PROVIDEDprovided, HOWEVERhowever, that, that after giving effect to any Committed BorrowingBorrowing of Term Loans, (i) the Total Outstandings Effective Amount of Term Loans of such Bank shall not exceed its Term Commitment; and (ii) the combined Commitments; AND PROVIDED, FURTHER, that the aggregate principal amount of the Committed Loans of any Lender PLUS the participation of such Lender in the principal amount Effective Amount of all outstanding Swing Line Revolving Loans and in plus the Effective Amount of all Swingline Loans plus the Effective Amount of all L/C Obligations plus the Effective Amount of all outstanding Term Loans shall not at any time exceed such Lender's the Aggregate Commitment. Within the limits of each Lender's Commitment, and subject to the other terms and conditions hereof, Amounts borrowed as Term Loans which are repaid or prepaid by the Company may borrow under this SECTION 2.1, prepay under SECTION 2.8 and reborrow under this SECTION 2.1not be reborrowed.
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Amounts and Terms of Commitments. Each Lender Bank severally agrees, on the terms and conditions set forth herein, to make Committed Loans loans to the Company (each such loan, a "Revolving Loan") from time to time on any Business Day during the period from the Effective 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 Schedule 2.01 (such amount, amount as the same may be reduced pursuant to SECTION 2.7, under Section 2.05 or changed by increased under Section 2.08 or as a result of one or more assignments under SECTION 11.8Section 10.08, such Lenderthe Bank's "COMMITMENTCommitment"); PROVIDEDprovided, HOWEVERhowever, that, after giving effect to any Committed BorrowingBorrowing of Revolving Loans, the Total Outstandings 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, FURTHERand provided further, that the aggregate principal amount Effective Amount of the Committed Revolving Loans of any Lender PLUS Bank plus the participation of such Lender in the principal amount of all outstanding Swing Line Loans and Bank in the Effective Amount of all L/C Obligations shall not at any time exceed such LenderBank's Commitment. Within the limits of each LenderBank's Commitment, and subject to the other terms and conditions hereof, the Company may borrow under this SECTION 2.1section 2.01, prepay under SECTION 2.8 Section 2.06 and reborrow under this SECTION 2.1section 2.01.
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Amounts and Terms of Commitments. Each Lender Bank severally agrees, on the terms and conditions set forth herein, to make Committed Loans loans to the Company (each such loan, a "REVOLVING LOAN") from time to time on any Business Day during the period from the Effective 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 2.01 (such amount, as the same may be reduced pursuant to SECTION 2.7, under Sections 2.05 or changed by 2.07 or as a result of one or more assignments under SECTION 11.8Section 11.08, such Lenderthe Bank's "COMMITMENT"); PROVIDED, HOWEVER, that, after giving effect to any Committed BorrowingBorrowing of Revolving Loans, the Total Outstandings Effective Amount of all outstanding Revolving Loans, and the Effective Amount of all L/C Obligations, shall not at any time exceed the combined Combined Commitments; AND PROVIDED, and PROVIDED FURTHER, that the aggregate principal amount Effective Amount of the Committed Revolving Loans of any Lender PLUS Bank plus the participation of such Lender in the principal amount of all outstanding Swing Line Loans and Bank in the Effective Amount of all L/C Obligations shall not at any time exceed such LenderBank's Commitment. Within the limits of each LenderBank's Commitment, and subject to the other terms and conditions hereof, the Company may borrow under this SECTION 2.1Section 2.01, prepay under SECTION 2.8 Section 2.06 and reborrow under this SECTION 2.1Section 2.01.
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Amounts and Terms of Commitments. Each Lender Bank severally agrees, on the terms and conditions set forth herein, to make Committed Loans to the Company (each such loan, a "Revolving Loan") from time to time on any Business Day during the period from the Effective 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 Schedule 2.01 (such amount, amount as the same may be reduced pursuant to SECTION 2.7, under Section 2.05 or changed by as a result of one or more assignments under SECTION 11.8Section 11.08, such Lenderthe Bank's "COMMITMENTCommitment"); PROVIDEDprovided, HOWEVERhowever, that, after giving effect to any Committed BorrowingBorrowing of Revolving Loans, the Total Outstandings 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, FURTHERand provided further, that the aggregate principal amount Effective Amount of the Committed Revolving Loans of any Lender PLUS Bank plus the participation of such Lender in the principal amount of all outstanding Swing Line Loans and Bank in the Effective Amount of all L/C Obligations shall not at any time exceed such LenderBank's Commitment. Within the limits of each LenderBank's Commitment, and subject to the other terms and conditions hereof, the Company may borrow under this SECTION 2.1Section 2.01, prepay under SECTION 2.8 Section 2.06 and reborrow under this SECTION 2.1Section 2.01.
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Amounts and Terms of Commitments. Each Lender Bank severally agrees, on the terms and conditions set forth herein, to make Committed Loans loans to the Company (each such loan, a Revolving Loan ) from time to time on any Business Day during the period from the Effective 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 Schedule 2.01 (such amount, as the same may be reduced pursuant to SECTION 2.7, under Section 2.05 or changed by Section 2.07 or as a result of one or more assignments under SECTION 11.8Section 11.08, such LenderBank's "COMMITMENT"Commitment ); PROVIDEDprovided, HOWEVERhowever, that, after giving effect to any Committed BorrowingBorrowing of Revolving Loans, the Total Outstandings sum of the Effective Amount of all outstanding Revolving Loans and the Effective Amount of all L/C Obligations shall not at any time exceed the lesser of (a) the Borrowing Base Amount or (b) an amount equal to the combined CommitmentsCommitments minus (unless otherwise agreed to by the Majority Banks) the 1997_Senior Note Reserve after giving effect to the requested Borrowing; AND PROVIDED, FURTHERand provided further, that the aggregate principal amount Effective Amount of the Committed Revolving Loans of any Lender PLUS Bank plus the participation of such Lender in the principal amount of all outstanding Swing Line Loans and Bank in the Effective Amount of all L/C Obligations shall not at any time exceed such LenderBank's Commitment. Within the limits of each LenderBank's Commitment, and subject to the other terms and conditions hereof, the Company may borrow under this SECTION 2.1Section 2.01, prepay under SECTION 2.8 Section 2.06 and Section 2.07 and reborrow under this SECTION 2.1Section 2.01.
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Amounts and Terms of Commitments. Each Lender Bank severally agrees, on the terms and conditions set forth herein, to make Committed Loans loans to the Company (each such loan, a "REVOLVING LOAN") from time to time on any Business Day during the period from the Effective Restatement 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 (such amount, as reduced pursuant to SECTION 2.7, or changed by one or more assignments under SECTION 11.8, such Lender's "COMMITMENT"); PROVIDED, HOWEVER, that, after giving effect to any Committed BorrowingBorrowing of Revolving Loans, the Total Outstandings Effective Amount of all Revolving Loans plus the Effective Amount of all L/C Obligations, shall not at any time exceed the combined Commitments; AND PROVIDEDlesser of (a) the Borrowing Base and (b) following amounts during the following periods (any such amount with respect to any such period, as the same may be reduced pursuant to Section 2.5 or 2.7 being herein called, the "TOTAL COMMITMENT"): PROVIDED FURTHER, that the aggregate principal amount Effective Amount of the Committed Revolving Loans of any Lender Bank PLUS the participation of such Lender in the principal amount of all outstanding Swing Line Loans and Bank in the Effective Amount of all L/C Obligations shall not at any time exceed such LenderBank's Pro Rata Share of the Total Commitment. Within the limits of each LenderBank's Commitment, and subject to the other terms and conditions hereof, the Company may borrow under this SECTION Section 2.1, prepay under SECTION 2.8 Section 2.6 and reborrow under this SECTION Section 2.1.
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Samples: Credit Agreement (Midway Games Inc)
Amounts and Terms of Commitments. Each Lender Bank severally agrees, on the terms and conditions set forth herein, to make Committed Loans loans to the Company (each such loan, a "Revolving Loan") from time to time on any Business Day during the period from the Effective 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 Schedule 2.01 (such amount, amount as the same may be reduced pursuant to SECTION 2.7, under Section 2.04 or changed by revised as a result of one or more assignments under SECTION 11.8Section 10.08, such Lenderthe Bank's "COMMITMENTCommitment"); PROVIDEDprovided, HOWEVERhowever, that, after giving effect to any Committed BorrowingBorrowing of Revolving Loans, the Total Outstandings 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, FURTHERand provided further, that the aggregate principal amount Effective Amount of the Committed Revolving Loans of any Lender PLUS Bank plus the participation of such Lender in the principal amount of all outstanding Swing Line Loans and Bank in the Effective Amount of all L/C Obligations shall not at any time exceed such LenderBank's Commitment. Within the limits of each LenderBank's Commitment, and subject to the other terms and conditions hereof, the Company may borrow under this SECTION 2.1section 2.01, prepay under SECTION 2.8 Section 2.05 and reborrow under this SECTION 2.1section 2.01. All Revolving Loans shall be Base Rate Loans.
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Amounts and Terms of Commitments. (a) The Revolving Credit. Each Lender Bank severally agrees, on the terms and conditions set forth herein, to make Committed Loans loans to the Company (each such loan, a "Revolving Loan") from time to time on any Business Day during the period from the Effective Closing Date to the Revolving Loan Termination Date, in an aggregate amount not to exceed at any time outstanding the amount set forth on SCHEDULE Schedule 2.1 (such amount, amount as the same may be reduced pursuant to SECTION 2.7, under Section 2.5 or changed by as a result of one or more assignments under SECTION Section 11.8, such Lenderthe Bank's "COMMITMENTCommitment"); PROVIDEDprovided, HOWEVERhowever, that, after giving effect to any Committed BorrowingBorrowing and the incurrence or repayment of any other Revolving Loans, without duplication, the Total Outstandings aggregate principal amount of all outstanding Revolving Loans shall not at any time exceed the combined CommitmentsTotal Commitment; AND PROVIDED, FURTHERand provided further, that the aggregate principal amount of the Committed any Bank's, outstanding Revolving Loans of any Lender PLUS the participation of such Lender in the principal amount of all outstanding Swing Line Loans and in the Effective Amount of all L/C Obligations shall not at any time exceed such LenderBank's Commitment. Within the limits of each LenderBank's Commitment, and subject to the other terms and conditions hereof, the Company may borrow under this SECTION 2.1Section 2.1(a), prepay under SECTION 2.8 Section 2.6 and reborrow under this SECTION 2.1Section 2.1(a).
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Amounts and Terms of Commitments. Each Lender Bank severally agrees, on the terms and conditions set forth herein, to make Committed Loans loans to the Company (each such loan, a "Revolving Loan") from time to time on any Business Day during the period from the Effective 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 Schedule 2.01 (such amount, amount as the same may be reduced pursuant to SECTION 2.7, under Subsection 2.05 or changed by as a result of one or more assignments under SECTION 11.8Section 11.08, such Lenderthe Bank's "COMMITMENTCommitment"); PROVIDEDprovided, HOWEVERhowever, that, after giving effect to any Committed BorrowingBorrowing of Revolving Loans, the Total Outstandings Effective Amount of all outstanding Revolving Loans and the Effective Amount of all L/C Obligations, shall not at any time exceed the lower of the: (i) combined Commitments, and (ii) then applicable Aggregate Borrowing Base; AND PROVIDED, FURTHERand provided further, that the aggregate principal amount Effective Amount of the Committed Revolving Loans of any Lender PLUS Bank plus the participation of such Lender in the principal amount of all outstanding Swing Line Loans and Bank in the Effective Amount of all L/C Obligations shall not at any time exceed such LenderBank's Commitment. Within the limits of each LenderBank's Commitment, and subject to the other terms and conditions hereof, the Company may borrow under this SECTION 2.1Section 2.01, prepay under SECTION 2.8 Section 2.06 and reborrow under this SECTION 2.1Section 2.01.
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Amounts and Terms of Commitments. (a) Each Lender severally agrees, on the terms and conditions set forth herein, to make Committed Loans loans to any of the Company Borrowers (each such loan, a "Revolving Loan") from time to time on any Business Day during the period from the Effective Closing Date to through the Revolving Termination Date, in an aggregate amount not to exceed at any time outstanding the amount set forth on SCHEDULE 2.1 (such amount, as reduced pursuant to SECTION 2.7, or changed by one or more assignments under SECTION 11.8, such Lender's "COMMITMENT"); PROVIDED, HOWEVER, that, provided that after giving effect to any Committed BorrowingBorrowing of Revolving Loans, the Total Aggregate Outstandings shall not exceed the combined CommitmentsAggregate Commitment Amount; AND PROVIDEDand provided, FURTHERfurther, that after giving effect to any Borrowing of Revolving Loans, the aggregate outstanding principal Dollar Equivalent amount of the Committed Revolving Loans of any Lender PLUS plus such Lender's Pro Rata Share of the participation of such Lender in the aggregate outstanding principal amount of all outstanding Swing Line Loans and plus (without duplication) the participation of such Lender in (or, in the case of the Issuing Lender, its unparticipated portion of) the Effective Amount of all L/C Obligations shall not at any time exceed such Lender's Commitment. Within the limits of each Lender's Commitmentforegoing limits, and subject to the other terms and conditions hereof, the Company Borrowers may borrow under this SECTION Section 2.1, prepay under SECTION 2.8 Section 2.7 and reborrow under this SECTION Section 2.1; provided that no Borrower may borrow under this Section 2.1 after the Revolving Termination Date.
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Samples: Short Term Credit Agreement (Culligan Water Technologies Inc)
Amounts and Terms of Commitments. Each Lender severally agrees, on the terms and conditions set forth herein, to make Committed Loans to the Company Borrowers from time to time on any Business Day during the period from the Effective Date to the Termination Date, in an aggregate amount not to exceed at any time outstanding the amount set forth on SCHEDULE Schedule 2.1 (such amount, as reduced pursuant to SECTION Section 2.7, increased pursuant to Section 2.17 or changed by one or more assignments under SECTION 11.8Section 12.8, such Lender's "COMMITMENTCommitment"); PROVIDEDprovided, HOWEVERhowever, that, after giving effect to any Committed Borrowing, the Total Outstandings shall not exceed the combined Commitments; AND PROVIDEDand provided, FURTHERfurther, that the aggregate principal amount of the Committed Loans of any Lender PLUS plus the participation of such Lender in the principal amount of all outstanding Swing Line Loans and in the Effective Amount of all L/C Obligations shall not at any time exceed such Lender's Commitment. Within the limits of each Lender's Commitment, and subject to the other terms and conditions hereof, the Company Borrowers may borrow under this SECTION Section 2.1, prepay under SECTION Section 2.8 and reborrow under this SECTION Section 2.1.
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Amounts and Terms of Commitments. Each Lender severally agrees, on the terms and conditions set forth herein, to make Committed Loans to the Company (each such loan, a "Revolving Loan") from time to time on any Business Day during the period from the Effective Closing Date to the Termination Date, in an aggregate amount not to exceed at any time outstanding the lesser of the following: (i) the amount set forth on SCHEDULE 2.1 Schedule 2.01 (such amount, as the same may be reduced pursuant to SECTION 2.7, under Section 2.05 or changed by as a result of one or more assignments under SECTION 11.8Section 11.07, such the Lender's "COMMITMENTCommitment")) and (ii) the Lender's Pro Rata Share of the current Borrowing Base; PROVIDEDprovided, HOWEVERhowever, that, after giving effect to any Committed BorrowingBorrowing of Revolving Loans, the Total Outstandings shall not exceed the combined Commitments; AND PROVIDED, FURTHER, that the aggregate principal amount of the Committed Loans of any Lender PLUS the participation of such Lender in the principal amount Effective Amount of all outstanding Swing Line Loans and in Revolving Loans, together with the Effective Amount of all L/C Obligations and the Effective Amount of all Swing Line Loans, shall not at any time exceed such Lender's Commitmentthe lesser of (x) the combined Commitments of all of the Lenders and (y) the current Borrowing Base. Within the limits of each Lender's Commitment, and subject to the other terms and conditions hereofof this Agreement, the Company may borrow under this SECTION 2.1Section 2.01, prepay under SECTION 2.8 Section 2.06 and reborrow under this SECTION 2.1Section 2.01.
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Amounts and Terms of Commitments. Each Lender Bank severally agrees, on the terms and conditions set forth herein, to make Committed Loans loans to the Company (each such loan, a "Revolving Loan") from time to time on any Business Day during the period from the Effective 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 Schedule 2.01 (such amount, amount as the same may be reduced pursuant to SECTION 2.7, under Section 2.05 or changed by as a result of one or more assignments under SECTION 11.8Section 10.08, such Lenderthe Bank's "COMMITMENTCommitment"); PROVIDEDprovided, HOWEVERhowever, that, after giving effect to any Committed BorrowingBorrowing of Revolving Loans, the Total Outstandings 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, FURTHERand provided further, that the aggregate principal amount Effective Amount of the Committed Revolving Loans of any Lender PLUS Bank plus the participation of such Lender in the principal amount of all outstanding Swing Line Loans and Bank in the Effective Amount of all L/C Obligations shall not at any time exceed such LenderBank's Commitment. Within the limits of each LenderBank's Commitment, and subject to the other terms and conditions hereof, the Company may borrow under this SECTION 2.1Section 2.01, prepay under SECTION 2.8 Section 2.06 and reborrow under this SECTION 2.1Section 2.01.
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