Common use of Commitment to Make RC Loans Clause in Contracts

Commitment to Make RC Loans. Subject to and upon the terms and conditions set forth in this Agreement, the Lenders shall make advances to the Borrower until the Maturity Date in an aggregate principal amount outstanding at any one time not to exceed the lesser of (a) $60,000,000 (as the same may be reduced or increased (pursuant to an RC Commitment Increase) pursuant to the terms of this Agreement, the “RC Commitment”) and (b) the Borrowing Base; provided, however, that, subject to Section 2.2 (Overadvances), (a) the aggregate amount of the RC Commitment available for borrowing at any time shall not exceed the Available RC Commitment at such time; and (b) the amount and percentage of the RC Commitment and the Available RC Commitment which each Lender is obligated to lend shall not exceed at any time the amount or percentage set forth opposite the name of such Lender on Schedule 2.1.1 hereto, as modified by any Assignment and Assumption. The RC Commitment of any Lender is sometimes referred to herein as such Lender’s RC Commitment. Within the limits set forth above, the Borrower may borrow under this Section 2.1, repay or prepay such advances, and reborrow under this Section 2.1. The amounts loaned to the Borrower pursuant to the revolving credit facility described in this Section 2.1 are referred to as the “RC Loans.”

Commitment to Make RC Loans. Subject to to, and upon the terms and conditions set forth in this Agreement, the RC Lenders shall make advances to the Borrower until the RC Maturity Date in an aggregate principal amount outstanding at any one time not to exceed the lesser of Three Hundred Million Dollars (a$300,000,000) $60,000,000 (as the same may be increased or reduced or increased (pursuant to an RC Commitment Increase) pursuant to the terms of this Agreement, the “RC Commitment”) and (b) the Borrowing Base); provided, however, that, subject to Section 2.2 (Overadvances), that (a) the aggregate amount of the RC Commitment available for borrowing at any time shall not exceed the Available RC Commitment at such time; and (b) the amount and percentage of the RC Commitment and the Available RC Commitment which each RC Lender is obligated to lend shall not exceed at any time the amount or percentage set forth opposite the name of such Lender on Schedule 2.1.1 hereto, for such RC Lender (as modified supplemented and amended by giving effect to the assignments contemplated by this Agreement and any Assignment and Assumptionother adjustments contemplated by this Agreement). The RC Commitment of any RC Lender is sometimes referred to herein as such RC Lender’s RC Commitment. Within the limits set forth above, the Borrower may borrow under this Section 2.1, repay or prepay such advances, and reborrow under this Section 2.1. The amounts loaned to the Borrower pursuant to the revolving credit facility described in this Section 2.1 are referred to as the “RC Loans.”

Commitment to Make RC Loans. Subject to and upon the terms and conditions set forth in this Agreement, the Lenders shall make advances to the Borrower until the Maturity Date in an aggregate principal amount outstanding at any one time not to exceed the lesser of (a) $60,000,000 170,000,000 (as the same may be reduced or increased (pursuant to an RC Commitment Increase) pursuant to the terms of this Agreement, the “RC Commitment”) and (b) the Borrowing Base; provided, however, that, subject to Section 2.2 (Overadvances), (a) the aggregate amount of the RC Commitment available for borrowing at any time shall not exceed the Available RC Commitment at such time; and (b) the amount and percentage of the RC Commitment and the Available RC Commitment which each Lender is obligated to lend shall not exceed at any time the amount or percentage set forth opposite the name of such Lender on Schedule 2.1.1 hereto, as modified by any Assignment and Assumption. The RC Commitment of any Lender is sometimes referred to herein as such Lender’s RC Commitment. Within the limits set forth above, the Borrower may borrow under this Section 2.1, repay or prepay such advances, and reborrow under this Section 2.1. The amounts loaned to the Borrower pursuant to the revolving credit facility described in this Section 2.1 are referred to as the “RC Loans.”

Commitment to Make RC Loans. Subject to and upon the terms and conditions set forth in this Agreement, the RC Lenders shall make advances to the Borrower until the RC Maturity Date in an aggregate principal amount outstanding at any one time not to exceed the lesser of the following: (a) $60,000,000 3,500,000.00 (as the same may be reduced by any mandatory or increased (pursuant to an RC Commitment Increase) voluntary reductions pursuant to the terms of this Agreement, the “"RC Commitment”) and COMMITMENT"); or (b) the amount of the Borrowing Base; provided, however, thatthat no advance shall be made in excess of the amount of the Available Commitment, subject to Section 2.2 (Overadvances)and provided, (a) further, however that the percentage and aggregate amount of the all RC Commitment available for borrowing at any time shall not exceed the Available RC Commitment at such time; and (b) the amount and percentage of the RC Commitment and the Available RC Commitment Loans which each RC Lender is obligated to lend shall not exceed at any time the percentage or amount or percentage of the RC Commitment set forth opposite the name of such RC Lender on Schedule 2.1.1 hereto, 1.1 hereto (as modified supplemented and amended by any Assignment and Assumptiongiving effect to the assignments contemplated in this Agreement). The portion of the RC Commitment of any attributable to each RC Lender is sometimes referred to herein as such Lender’s 's RC Commitment. Within the limits set forth above, the Borrower may borrow under this Section 2.11.1, repay or prepay such advances, and reborrow under this Section 2.11.1. The amounts loaned to the Borrower pursuant to the reducing revolving credit facility described in this Section 2.1 1.1 are referred to as the “"RC LoansLOANS".”

Commitment to Make RC Loans. Subject to to, and upon the terms and conditions set forth in this Agreement, the Lenders shall make advances to the Borrower until the Maturity Date in an aggregate principal amount outstanding at any one time not to exceed the lesser of Two Hundred Thirty-Five Million Dollars (a$235,000,000) $60,000,000 (as the same may be increased or reduced or increased (pursuant to an RC Commitment Increase) pursuant to the terms of this Agreement, the “RC "Commitment”) and (b) the Borrowing Base"); provided, however, that, subject to Section 2.2 (Overadvances), that (a) the aggregate amount of the RC Commitment available for borrowing at any time shall not exceed the Available RC Commitment at such time; and (b) the amount and percentage of the RC Commitment and the Available RC Commitment which each Lender is obligated to lend shall not exceed at any time the amount or percentage set forth opposite in the name of Lender Addendum for such Lender on Schedule 2.1.1 hereto, (as modified supplemented and amended by any Assignment and Assumptiongiving effect to the assignments contemplated by this Agreement). The RC Commitment of any Lender is sometimes referred to herein as such Lender’s RC 's Commitment. Within the limits set forth above, the Borrower may borrow under this Section 2.1, repay or prepay such advances, and reborrow under this Section 2.1. The amounts loaned to the Borrower pursuant to the revolving credit facility described in this Section 2.1 are referred to as the “"RC Loans.”"