Common use of Cap on Total Revolver Exposure Clause in Contracts

Cap on Total Revolver Exposure. Notwithstanding anything to the contrary contained in this Section 2.1.1, in no event shall any Borrower be entitled to receive a Revolver Loan if at the time of the proposed funding of such Revolver Loan (and after giving effect thereto and all pending requests for Loans), the Total Revolver Exposure exceeds (or would exceed) the Maximum Revolver Facility Amount. If at any time, (i) the Total Revolver Exposure exceeds the Maximum Revolver Facility Amount, (ii) the Total US Facility Exposure exceeds the Maximum US Facility Amount or (iii) the Total Multicurrency Facility Exposure exceeds the Maximum Multicurrency Facility Amount, in each case the applicable excess amount shall be payable on demand by Agent. Notwithstanding anything herein to the contrary, any Revolver Loans made on the Closing Date shall be used solely (w) to finance the Debt Repayment, (x) to fund all or a portion of the Transaction Expenses, (y) for general corporate purposes, including working capital (with the amount of Revolver Loans that may be borrowed on the Closing Date for the purposes described in this clause (y) not to exceed $75,000,000) and (z) to finance any original issue discount or upfront fees payable in connection with the Transactions.

Cap on Total Revolver Exposure. Notwithstanding anything to the contrary contained in this Section 2.1.1, in no event shall any Borrower be entitled to receive a Revolver Loan if at the time of the proposed funding of such Revolver Loan (and after giving effect thereto and all pending requests for Loans), the Total Revolver Exposure exceeds (or would exceed) the lesser of (a) the Maximum Revolver Facility AmountAmount and (b) the Revolver Commitments. If at any time, (i) time the Total Revolver Exposure exceeds the lesser of (a) the Maximum Revolver Facility Amount, Amount and (iib) the Total US Facility Exposure exceeds Revolver Commitments, the Maximum US Facility Amount or (iii) the Total Multicurrency Facility Exposure exceeds the Maximum Multicurrency Facility Amount, in each case the applicable excess amount shall be payable by the Borrowers on demand by the Agent. Notwithstanding anything herein to the contrary, any Revolver Loans made on the Closing Date shall be used solely (w) to finance the Debt Repayment, Transactions (x) to fund including payment of a portion of the consideration for the Acquisition and all or a portion of the Transaction Expenses, (ycosts and expenses associated with the Transactions) and for general corporate purposes, including working capital and/or purchase price adjustments under the Acquisition Agreements (with the amount of Revolver Loans that may be borrowed on the Closing Date for the purposes described in this clause sentence not to exceed the greater of (x) $80,000,000, less the amount by which the Financing Amount (as defined in the Fee Letter) (other than the Revolver Commitments and the Revolver Loans) exceeds $300,000,000 and (y) not to exceed $75,000,000) and (z) to finance any original issue discount or upfront fees payable in connection with the Transactions50,000,000).

Cap on Total Revolver Exposure. Notwithstanding anything to the contrary contained in this Section 2.1.1, in no event shall any Borrower be entitled to receive a Revolver Loan if at the time of the proposed funding of such Revolver Loan (and after giving effect thereto and all pending requests for Loans), the Total Revolver Exposure exceeds (or would exceed) the lesser of (a) the Maximum Revolver Facility AmountAmount and (b) the Revolver Commitments. If at any time, (i) time the Total Revolver Exposure exceeds the lesser of (a) the Maximum Revolver Facility Amount, Amount and (iib) the Total US Facility Exposure exceeds Revolver Commitments, the Maximum US Facility Amount or (iii) the Total Multicurrency Facility Exposure exceeds the Maximum Multicurrency Facility Amount, in each case the applicable excess amount shall be payable on demand by Agent. Notwithstanding anything herein to the contrary, any Revolver Loans made on the Closing Date shall be used solely (wi) to finance the Debt Repayment, Transactions (x) to fund including payment of a portion of the consideration for the Acquisition and all or a portion of the Transaction Expenses, (ycosts and expenses associated with the Transactions) and for general corporate purposes, including working capital and/or purchase price adjustments under the Acquisition Agreement (with the amount of Revolver Loans that may be borrowed on the Closing Date for the purposes described in this clause (yi) not to exceed $75,000,000210,000,000) and (zii) to finance any original issue discount or upfront fees payable in connection with the Transactions.