Amounts and Terms of the Commitments Sample Clauses

Amounts and Terms of the Commitments. (a) Subject to and upon the terms and conditions set forth herein, each Lender with an Initial Term Loan Commitment on the Original Closing Date made an Initial Term Loan on the Original Closing Date in the aggregate principal amount of its Initial Term Loan Commitment on the Original Closing Date; provided that such Initial Term Loans (A) were incurred pursuant to a single drawing on the Original Closing Date in an aggregate principal amount of $275,000,000, (B) are denominated in Dollars, and (C) except as hereinafter provided, shall, at the option of the Borrower, be maintained as, and/or converted into Base Rate Loans or LIBOR Loans. Subject to and upon the terms and conditions set forth herein and in the Restatement Agreement, each Lender with an Initial Term Loan Commitment severally agrees to make an Initial Term Loan on the Restatement Effective Date in an amount equal to the remainder of (i) the aggregate principal amount of its Initial Term Loan Commitment on the Restatement Effective Date less (ii) the amount of Initial Term Loans of such Lender on the Restatement Effective Date (immediately prior to giving effect thereto); provided that such Initial Term Loans (A) will be incurred pursuant to a single drawing on the Restatement Effective Date, (B) will be denominated in Dollars, (C) will initially be of the same Type and will have the same Interest Period as the Initial Term Loans outstanding immediately prior to the Borrowing of Initial Term Loans on the Restatement Effective Date and (D) bear interest, until the last day of such initial Interest Period, at the same rate as the Initial Term Loans outstanding immediately prior to the Borrowing of Initial Term Loans on the Restatement Effective Date. For the avoidance of doubt, all Initial Term Loans shall be treated as a single Class for all purposes, except that interest on the Initial Term Loans funded on the Restatement Effective Date shall commence to accrue from the Restatement Effective Date. (b) [Reserved]. (c) Subject to and upon the terms and conditions set forth herein, each Lender with a Revolving Commitment severally agrees to make a revolving loan or revolving loans (each, an “Initial Revolving Loan” and, collectively, the “Initial Revolving Loans”) to the Borrower, at any time and from time to time on or after the Original Closing Date until the earlier of the applicable Latest Maturity Date and the termination of the Revolving Commitment of such Lender in accordance with the term...
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Amounts and Terms of the Commitments. Section 2.01 General Description of the Loans Section 2.02 Construction and Term Loan Commitment Section 2.03 Procedure for Construction Borrowings Section 2.04 Term Loan Conversion Section 2.05 Revolving Loan Commitment Section 2.06 Procedure for Revolving Borrowings
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Amounts and Terms of the Commitments. 14 ARTICLE III CONDITIONS PRECEDENT 33 ARTICLE IV REPRESENTATIONS AND WARRANTIES 34
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Amounts and Terms of the Commitments. Section 2.01 General Description of the Loans Section 2.02 Construction Loan Commitment
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Amounts and Terms of the Commitments. (a) Subject to and upon the terms and conditions set forth herein, each Lender made on the Closing Date a term loan or term loans (each, a “Closing Date Term Loan” and, collectively, the “Closing Date Term Loans”) to the Borrower, which Closing Date Term Loans (A) were incurred pursuant to a single drawing on the Closing Date, (B) were denominated in Dollars and (C) except as hereinafter provided, were, at the option of the Borrower, incurred and maintained as, and/or converted into, Base Rate Loans or SOFR Loans. On and after the Sixth Amendment Effective Date, all term loans outstanding under the Original Credit Agreement (including all Closing Date Term Loans) were replaced entirely by Amendment No. 6 Refinancing Term Loans and each reference herein and in the Loan Documents to “Initial Term Loans” and “Term Loans” on and after the Sixth Amendment Effective Date shall be deemed a reference to the Amendment No. 6 Refinancing Term Loans, except as the context may otherwise require. On and after the Seventh Amendment Effective Date, all term loans outstanding under the Existing Credit Agreement (including all Amendment No. 6 Refinancing Term Loans) were replaced entirely by Amendment No. 7 Refinancing Term Loans and each reference herein and in the Loan Documents to “Initial Term Loans” and “Term Loans” on and after the Seventh Amendment Effective Date shall be deemed a reference to the Amendment No. 7 Refinancing Term Loans, except as the context may otherwise require.
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Amounts and Terms of the Commitments. 13 SECTION 2.01. Commitments.............................................13 SECTION 2.02. Procedures for Advances.................................14
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Amounts and Terms of the Commitments. (a) Each Lender severally agrees, on the terms and conditions set forth herein, to make loans to the Company (each such loan, a "Loan") from time to time on any Business Day during the
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Amounts and Terms of the Commitments. (a) Subject to and upon the terms and conditions set forth herein, each Lender severally agrees to make a term loan or term loans (each, an “Initial Term Loan” and, collectively, the “Initial Term Loans”) to the Borrower, which Initial Term Loans (A) shall be #4848-1207-1386 66 (b) After the Closing Date, subject to and upon the terms and conditions set forth herein and in the Incremental Amendment or Refinancing Amendment applicable to the Tranche of Loans then being made pursuant to this clause (b), each Lender with a Commitment with respect to such Tranche of Loans (other than an Initial Term Loan Commitment) severally agrees to make a Loan under such Tranche to the Borrower, which Loans under such Tranche (i) shall be incurred pursuant to a single drawing on the date set forth for such incurrence in the Incremental Amendment or Refinancing Amendment, as the case may be, (ii) shall be denominated in Dollars, (iii) except as hereinafter provided, shall, at the option of the Borrower, be incurred and maintained as, and/or converted into, Base Rate Loans or LIBORSOFR Loans, provided that except as otherwise specifically provided in Section 2.11(b), all Term Loans under a Tranche comprising the same Borrowing shall at all times be of the same Type, and (iv) shall be made by each such Lender in that aggregate principal amount which does not exceed the applicable Commitment under such Tranche of such Lender on the date of incurrence thereof. Once repaid, Term Loans incurred hereunder may not be reborrowed.
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Amounts and Terms of the Commitments 
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Related to Amounts and Terms of the Commitments

  • Amount and Terms of the Commitments Section 2.1. General Description of Facilities

  • Amounts and Terms of Commitments (a) The Term Credit. Each Bank severally agrees, on the terms and conditions set forth herein, to make a single loan to the Company (each such loan, a "Term Loan") on the Closing Date in a principal amount not to exceed such Bank's Pro Rata Share of the Term Commitment. Amounts borrowed as Term Loans which are repaid or prepaid by the Company may not be reborrowed. Term Loans shall be denominated in Dollars and shall not be available in, or convertible into, Offshore Currencies. (b) The Revolving Credit. Each Bank severally agrees, on the terms and conditions set forth herein, to make loans to the Borrowers (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 principal Dollar Equivalent amount not to exceed at any time outstanding, together with the principal amount of Term Loans outstanding in favor of such Bank at such time, the amount set forth on Schedule 2.01 under the heading "Commitment" (such amount, together with such Bank's Pro Rata Share of the Term Commitment, as the same may be reduced under Section 2.08 or as a result of one or more assignments under Section 11.08, the Bank's "Commitment"); provided, however, that, after giving effect to any Committed Borrowing of Revolving Loans, the Effective Amount of all outstanding Revolving Loans, Term Loans, Bid Loans and L/C Obligations shall not at any time exceed the combined Commitments; and provided further that, (i) after giving effect to any Borrowing of Offshore Currency Loans, the aggregate principal Dollar Equivalent amount of all Offshore Currency Loans shall not exceed the Offshore Currency Loan Sublimit, and (ii) the Effective Amount of the Revolving Loans and Term Loans of any Bank plus the participation of such Bank in the Effective Amount of all L/C Obligations shall not exceed such Bank's Commitment. Within the limits of each Bank's Commitment, and subject to the other terms and conditions hereof, the Borrowers may borrow under this subsection 2.01(b), prepay under Section 2.09 and reborrow under this subsection 2.01(b).

  • Amount and Terms of the Commitment Section 2.01 The Advances.............................................7 Section 2.02 Making the Advances......................................7 Section 2.03 Fees.....................................................9 Section 2.04 Reduction or Termination of the Maximum Commitment....

  • Amounts and Terms of the Loans 33 2.1. The Revolving Credit Loans............................................................................ 33 2.2. Making the Loans...................................................................................... 33 2.3. Fees ................................................................................................ 35 2.4. Reduction and Termination of the Commitments.......................................................... 36 2.5. Repayment............................................................................................. 36 2.6. Prepayments........................................................................................... 37 2.7. Conversion/Continuation Option........................................................................ 38 2.8. Interest.............................................................................................. 39 2.9. Interest Rate Determination and Protection............................................................ 40 2.10.

  • Amounts and Terms of the Advances SECTION 2.01. The A Advances. (a) Each Lender severally agrees, on the terms and conditions hereinafter set forth, to make A Advances to the Borrower from time to time on any Business Day during the period from the Closing until the Termination Date in an aggregate outstanding amount not to exceed at any time such Lender's Available Commitment, provided that the aggregate amount of the Commitments of the Lenders shall be deemed used from time to time to the extent of the aggregate amount of the B Advances then outstanding and such deemed use of the aggregate amount of the Commitments shall be applied to the Lenders ratably according to their respective Percentages (such deemed use of the aggregate amount of the Commitments being a "B Reduction"). Each A Borrowing shall be in an aggregate amount not less than $10,000,000 (or, if lower, the amount of the Available Commitments) or an integral multiple of $1,000,000 in excess thereof and shall consist of A Advances of the same Type made on the same day by the Lenders ratably according to their respective Percentages. Within the limits of each Lender's Commitment and as hereinabove and hereinafter provided, the Borrower may request Extensions of Credit hereunder, and repay or prepay Advances pursuant to Section 2.11 and utilize the resulting increase in the Available Commitments for further Extensions of Credit in accordance with the terms hereof. (b) In no event shall the Borrower be entitled to request or receive any Extensions of Credit that would cause the principal amount outstanding hereunder to exceed the Commitments.

  • Amounts and Terms of Loans 2 1.1 Loans...........................................................................................2 1.2

  • Amounts and Terms of the Purchases SECTION 2.01.

  • Amount and Terms of the Credit Facility 2.1. The Commitments; Increase in Total Commitments. (a) Subject to the terms and conditions hereof, each Lender severally agrees to make revolving credit loans to the Borrower from time to time during the Commitment Period in an aggregate principal amount at any one time outstanding that will not result in such Lender's Exposure exceeding such Lender's Commitment. During the Commitment Period the Borrower may use the Commitments by borrowing, prepaying the Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. Notwithstanding anything to the contrary in this Agreement, in no event may Loans be borrowed under this Section 2 if, after giving effect thereto, the aggregate principal amount of the Total Exposures at such time would exceed the Total Commitments then in effect. The Loans may from time to time be Eurodollar Loans or ABR Loans, as determined by the Borrower and notified to the Administrative Agent in accordance with Sections 2.2 and 2.6. (b) In the event that the Borrower wishes from time to time to increase the Total Commitments, it shall notify the Administrative Agent in writing of the amount (the "Commitment Increase Amount") of such proposed increase (such notice, a "Commitment Increase Notice"), and the Administrative Agent shall notify each Lender of such proposed increase. The Borrower may, at its election (i) offer one or more of the Lenders the opportunity to participate in all or a portion of the Commitment Increase Amount pursuant to paragraph (d) below and/or (ii) with the consent of the Administrative Agent and the Issuing Lender (which consent shall not be unreasonably withheld or delayed), offer one or more additional banks, financial institutions or other entities the opportunity to participate in all or a portion of the Commitment Increase Amount pursuant to paragraph (c) below. Each Commitment Increase Notice shall specify which Lenders and/or banks, financial institutions or other entities the Borrower desires to participate in such Commitment increase. The Borrower or, if requested by the Borrower, the Administrative Agent, will notify such Lenders and/or banks, financial institutions or other entities of such offer. Each Commitment Increase Amount shall be at least $50,000,000. (c) Any additional bank, financial institution or other entity which the Borrower selects to offer participation in the increased Commitments and which elects to become a party to this Agreement and provide a Commitment in an amount so offered and accepted by it pursuant to Section 2.1(b)

  • Amount and Terms of Commitments 2.1 [Reserved]. 2.2 [Reserved]. 2.3 [Reserved].

  • Amounts and Terms of Commitments and Loans 2.1 Commitments; Making of Loans; the Register; Notes.

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