Commitment Limitations. Notwithstanding the foregoing, during the following periods in each year occurring during the term of this Agreement the aggregate Commitment of the Bank shall be in an amount equal to the lesser of the following amounts or the amount to which the Commitment has been reduced pursuant to Section 3.6 hereof: From 07/01/07 through 12/31/07 $ 20,000,000 From 01/01/08 through 06/30/08 $ 5,000,000 From 07/01/08 through 12/31/08 $ 16,000,000 From 01/01/09 through 06/30/09 $ 5,000,000 From 07/01/09 through 12/31/09 $ 12,000,000 From 01/01/10 through 03/31/10 $ 5,000,000
Commitment Limitations. The aggregate principal amount of all Loans outstanding plus the aggregate amount available for drawing under all Letters of Credit outstanding at such time plus the aggregate amount of all Reimbursement Obligations outstanding at such time shall not exceed the Total Commitment at such time.
Commitment Limitations. If at any time, (A) the aggregate principal Dollar Amount of U.S. Revolving Loans plus Multicurrency Revolving Loans plus Swingline Loans plus LOC Obligations shall exceed the sum of the U.S. Revolving Committed Amount plus the Multicurrency Revolving Committed Amount at such time, (B) the aggregate principal amount of U.S. Revolving Loans plus the U.S. Lenders' pro rata share of Swingline Loans plus the U.S. Lenders' pro rata share of LOC Obligations shall exceed the U.S. Revolving Committed Amount, (C) the aggregate principal Dollar Amount of Multicurrency Revolving Loans plus the Multicurrency Lenders' pro rata share of Swingline Loans plus the Multicurrency Lenders' pro rata share of LOC Obligations shall exceed the Multicurrency Revolving Committed Amount, (D) the aggregate amount of Swingline Loans shall exceed the Swingline Committed Amount, (E) the aggregate amount of LOC Obligations shall exceed the LOC Committed Amount, (F) the aggregate Dollar Amount with respect to principal of Canadian Revolving Loans plus the Face Amount of Bankers' Acceptances shall exceed the Canadian Revolving Committed Amount at such time or (G) the aggregate principal Dollar Amount of Loans outstanding under a Term Loan Tranche shall exceed the original principal amount of such Term Loan Tranche, the Borrowers shall immediately make payment on the Revolving Credit Loans, Swingline Loans, Term Loans and/or to a cash collateral account in respect of the LOC Obligations or BA Revolving Obligations, in an amount sufficient to eliminate the excess.
Commitment Limitations. The Dollar amount or Dollar Equivalent (as applicable) of the aggregate principal amount of all Loans outstanding plus the aggregate Dollar amount or Dollar Equivalent (as applicable) available for drawing under all Letters of Credit outstanding at such time plus the aggregate Dollar amount or Dollar Equivalent (as applicable) of all Reimbursement Obligations outstanding at such time shall not exceed the Total Commitment at such time.
Commitment Limitations. If at any time, (A) the aggregate principal amount of Revolving Loans shall exceed the Aggregate Revolving Committed Amount or (B) the aggregate amount of LOC Obligations shall exceed the LOC Committed Amount, the Borrower shall immediately make payment on the Revolving Loans and/or to a cash collateral account in respect of the LOC Obligations, in an amount sufficient to eliminate the deficiency.
Commitment Limitations. If at any time, (A) the aggregate outstanding amount of Revolving Loans plus Swingline Loans plus LOC Obligations shall exceed the Revolving Committed Amount at such time, (B) the aggregate outstanding amount of Swingline Loans shall exceed the Swingline Committed Amount or (C) the aggregate amount of LOC Obligations shall exceed the LOC Committed Amount, the Company shall immediately make payment on the Revolving Loans, Swingline Loans and/or to a cash collateral account in respect of the LOC Obligations, in an amount sufficient to eliminate the excess (such prepayment to be applied as set forth in clause (vi) below).
Commitment Limitations. If at any time, (A) the sum of the aggregate principal amount of outstanding Revolving Loans plus LOC Obligations outstanding plus Swingline Loans outstanding shall exceed the Revolving Committed Amount, (B) the aggregate amount of LOC Obligations outstanding shall exceed the LOC Committed Amount or (C) the aggregate principal amount of outstanding Swingline Loans shall exceed the Swingline Committed Amount, the Borrower shall immediately make payment on the Loans and/or to a cash collateral account in respect of the LOC Obligations, in an amount sufficient to eliminate such excess. In addition, the Borrower agrees to prepay any Revolving Loans and Swingline Loans outstanding such that (x) no more than $20,000,000 in Revolving Loans and Swingline Loans shall be outstanding during the period from December 15, 2002 through and including January 15, 2003, (y) no more than $15,000,000 in Revolving Loans and Swingline Loans shall be outstanding during the period from December 15, 2003 through and including January 15, 2004 and (z) no more than $10,000,000 in Revolving Loans and Swingline Loans shall be outstanding during the period from December 15 of 2004, 2005 and 2006, respectively, through and including January 15 of 2005, 2006 and 2007, respectively.
Commitment Limitations. The Dollar Equivalent of the aggregate principal amount of all Loans outstanding at any time shall not exceed the Total Commitment at such time.
Commitment Limitations. The Dollar amount or Dollar Equivalent (as applicable) of the aggregate principal amount of all Facility A Loans outstanding plus the aggregate Dollar amount or Dollar Equivalent (as applicable) available for drawing under all Letters of Credit outstanding at such time plus the aggregate Dollar amount or Dollar Equivalent (as applicable) of all Reimbursement Obligations outstanding at such time shall not exceed the Total Facility A Commitment at such time. The Dollar amount or Dollar Equivalent (as applicable) of the aggregate principal amount of all Facility B Loans outstanding at any time shall not exceed the Total Facility B Commitment at such time.
Commitment Limitations. If at any time, (A) the ---------------------- aggregate principal amount of Obligations shall exceed the lesser of the ------ Aggregate Revolving Committed Amount or, until the Security Release Date relating to inventory (but not thereafter), the Borrowing Base, or (B) the aggregate amount of LOC Obligations shall exceed the LOC Committed Amount, the Borrower shall immediately make payment on the Revolving Loans and/or to a cash collateral account in respect of the LOC Obligations, in an amount sufficient to eliminate the difference.
