Commitment and Loans. Until the Commitment Termination Date, subject to the terms and conditions of this Agreement, the Lender agrees to make revolving credit loans (collectively, "Loans") in dollars to the Borrower in an aggregate principal amount at any one time outstanding not to exceed the Commitment.
Commitment and Loans. Subject to the terms and conditions contained in this Agreement, each Lender severally agrees to make loans (“Loans”) to the Borrower on a revolving credit basis from time to time on any Business Day from the date of this Agreement through the Drawdown Termination Date. The aggregate amount of all Loans requested in any Borrowing Request must be equal to the lesser of (i) an amount greater than or equal to $25,000 or (ii) an amount equal to the Aggregate Commitments less the Loan Balance. Notwithstanding anything to the contrary, after giving effect to the transactions contemplated by the Borrowing Request pursuant to which a Loan is requested, and at all other times, the aggregate unpaid principal amount of all Loans outstanding shall not exceed the lesser of (a) the Collateral Value of the Borrowing Base, and (b) the Aggregate Commitments.
Commitment and Loans. Subject to the terms and conditions contained in this Agreement, Lender agrees to make loans (“Loans”) to Borrower on a revolving credit basis from time to time on any Business Day from the date of this Agreement through the Drawdown Termination Date. The aggregate amount of all Loans requested in any Borrowing Request must be equal to the lesser of (i) an amount greater than or equal to $25,000 or (ii) an amount equal to the Commitment less the Loan Balance. Notwithstanding anything to the contrary, after giving effect to the transactions contemplated by the Borrowing Request pursuant to which a Loan is requested, and at all other times, the aggregate unpaid principal amount of all Loans outstanding shall not exceed the lesser of (a) the Collateral Value of the Borrowing Base, and (b) the Commitment.
Commitment and Loans. If each of the Lenders timely agrees in writing to extend the Maturity Date, then the Maturity Date shall be extended for an additional year pursuant to a duly written amendment of this Credit Agreement executed by the Administrative Agent, on behalf of the Lenders, and the Borrower.
Commitment and Loans. 6 Section 2.02
Commitment and Loans. Subject to the terms and conditions contained in this Agreement, Lender agrees to make loans ("Loans") to Borrower on a revolving credit basis from time to time on any Business Day from the date of this Agreement through the Drawdown Termination Date. The aggregate amount of all Loans requested in any Borrowing Notice must be greater than or equal to $25,000 or the unadvanced portion of the Borrowing Base. After giving effect to the transactions contemplated by the Borrowing Request pursuant to which a Loan is requested, and at all other times, the aggregate amount of all Loans outstanding shall not exceed the Collateral Value of the Borrowing Base.
Commitment and Loans. Subject to the terms and conditions hereof and of the Revolving Credit Agreement and relying upon the representations and warranties set forth in the Revolving Credit Agreement, the Additional Lender agrees, severally and not jointly, to make Loans available to a Borrower from time to time on any Borrowing Date, in U.S. Dollars, in the amount of its Relevant Share of any such requested Borrowing, on a Business Day on or before the last day of the Availability Period in an aggregate principal amount up to and including, but not to exceed, the aggregate principal amount of its Commitment established hereby (taking into account the then-outstanding principal amount of any Loans previously disbursed by it at any time after the Effective Date), all in accordance with Section 2.1 of the Revolving Credit Agreement (as amended hereby).
Commitment and Loans. Subject to the terms and conditions contained in this Agreement, Lender agrees to make loans ("LOANS") to each Borrower on a revolving credit basis from time to time on any Business Day from the date of this Agreement through the Drawdown Termination Date. The aggregate amount of all Loans requested in any Borrowing Notice (i) which are Base Rate Loans must be greater than or equal to $25,000 or the unadvanced portion of the Borrowing Base, and (ii) which are Eurodollar Loans must be greater than or equal to $1,000,000 or the unadvanced portion of the Borrowing Base. No Borrower may have more than four (4) Eurodollar Loans outstanding at any time. After giving effect to the transactions contemplated by the Borrowing Request pursuant to which a Loan is requested, and at all other times, the aggregate amount of all Loans outstanding shall not exceed the Collateral Value of the Borrowing Base.
Commitment and Loans. Section 2.02 Promissory Notes; Interest on the Notes............................... 23 Section 2.03 Notice and Manner of Obtaining Loans.................................. 24 Section 2.04 Fees.................................................................. 24 Section 2.05
Commitment and Loans. Subject to the terms and conditions contained in this Agreement, Lender agrees to make loans ("LOANS") to Borrower on a revolving credit basis from time to time on any Business Day from the date of this Agreement through the Drawdown Termination Date. The aggregate amount of all Loans requested in any Borrowing Notice (i) which are Floating Eurodollar Loans must be greater than or equal to the lesser of $25,000 or the unadvanced portion of the Borrowing Base, and (ii) which are Fixed Eurodollar Loans must be greater than or equal to the lesser of $1,000,000 or the unadvanced portion of the Borrowing Base. Borrower may have no more than four (4) Fixed Eurodollar Loans outstanding at any time. After giving effect to the transactions contemplated by the Borrowing Request pursuant to which a Loan is requested, and at all other times, the aggregate amount of all Loans outstanding shall not exceed the Collateral Value of the Borrowing Base.
