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 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 set forth on Schedule 2.1 (as the same may be reduced under Section 2.5, increased under Section 2.14, or reduced or increased as a result of one or more assignments under Section 10.7, 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, 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: Day Credit Agreement (Unumprovident Corp), Credit Agreement (Unumprovident Corp)

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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 Company 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 under Section 2.5, or increased under Section 2.14, 2.5 or reduced or increased as a result of one or more assignments under Section 10.710.9, 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, the Company 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: Assignment and Acceptance Agreement (Nuveen John Company), Credit Agreement (Nuveen John Company)

Amounts and Terms of Commitments. Each Bank severally agrees, on the terms and conditions set forth herein, to make Loans 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 set forth opposite the name of such Bank on Schedule 2.1 2.01 (such amount as the same may be reduced under Section 2.5, increased under Section 2.14, 2.05 or reduced or increased as a result of one or more assignments under Section 10.710.06, 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, 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 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 outstanding, the amount set forth on Schedule 2.1 2.01 (such amount, as the same may be reduced under Section 2.5, increased under Section 2.14, 2.05 or reduced or increased as a result of one or more assignments under Section 10.710.08, 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, 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 severally agrees, on the terms and conditions set forth herein, to make Loans 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 set forth opposite the name of such Bank on Schedule 2.1 2.01 (such amount as the same may be reduced under Section 2.5, increased under Section 2.14, 2.05 or reduced or increased as a result of one or more assignments under Section 10.710.07, 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, 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)

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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 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 set forth on Schedule 2.1 (such amount, as the same may be reduced under Section 2.5, increased under Section 2.14, 2.5 or reduced or increased as a result of one or more assignments under Section 10.710.8, 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, 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: Year Credit Agreement (Mgic Investment Corp)

Amounts and Terms of Commitments. Each Bank Lender severally but not jointly 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 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 (as the same such amount may be reduced under Section 2.5, increased under Section 2.14, 2.07 or reduced or increased as a result of one or more assignments under Section 10.79.08, 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, the 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: Commercial Metals Co

Amounts and Terms of Commitments. Each Bank severally agrees, on the -------------------------------- terms and conditions set forth herein, to make Loans 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 set forth on Schedule 2.1 2.01 (such amount as the same may be reduced under Section 2.5, increased under Section 2.14, 2.05 or reduced or increased as a result of one or more assignments under Section 10.710.08, 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, 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)

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