COMMITMENT TO MAKE REVOLVING CREDIT LOANS AND SUPPORT LETTERS OF CREDIT. Subject to the provisions of this Agreement, the Revolving Credit Lenders shall make a loan or advance under the Revolving Credit and the Agent shall have an L/C issued for the account of the Borrower, in each instance if duly and timely requested by the Borrower as provided herein provided that: (i) No OverAdvance is then outstanding and none will result therefrom. (ii) The Revolving Credit has not been suspended (as to which, see Section 2.5(g)).
Appears in 3 contracts
Samples: Loan and Security Agreement (Gander Mountain Co), Loan and Security Agreement (Gander Mountain Co), Loan and Security Agreement (Gander Mountain Co)
COMMITMENT TO MAKE REVOLVING CREDIT LOANS AND SUPPORT LETTERS OF CREDIT. Subject to the provisions of this Agreement, the Revolving Credit Lenders shall make a loan or advance under the Revolving Credit and the Agent shall issue an L/C for the account of, or shall have an L/C issued for the account of of, the Borrower, in each instance if duly and timely requested by the Borrower as provided herein provided that:
(i) No OverAdvance is then outstanding and none will result therefrom.
(ii) The Revolving Credit has not been suspended (as to which, see Section 2.5(g)).
Appears in 2 contracts
Samples: Loan and Security Agreement (Gander Mountain Co), Loan and Security Agreement (Gander Mountain Co)
COMMITMENT TO MAKE REVOLVING CREDIT LOANS AND SUPPORT LETTERS OF CREDIT. Subject to the provisions of this Agreement, the Revolving Credit Lenders shall make a loan or advance under the Revolving Credit and the Agent shall endeavor to have an L/C issued for the account of the applicable Borrower, in each instance if duly and timely requested by the Borrower Company as provided herein provided that:
(i) No OverAdvance OverLoan is then outstanding and none will result therefrom.
(ii) The Revolving Credit has not been suspended (as to which, see in Section 2.5(g)).
Appears in 2 contracts
Samples: Loan and Security Agreement (Jacobson Stores Inc), Loan and Security Agreement (Jacobson Stores Inc)
COMMITMENT TO MAKE REVOLVING CREDIT LOANS AND SUPPORT LETTERS OF CREDIT. Subject to the provisions of this Agreement, the Revolving Credit Lenders shall make a loan or advance under the Revolving Credit and the Agent Issuer shall have issue an L/C issued for the account of the any Borrower, in each instance if duly and timely requested by the Lead Borrower as provided herein provided that:
(ia) No OverAdvance is then outstanding and none Availability will result therefromnot be exceeded.
(iib) The Revolving Credit No Default has not been suspended (as to which, see Section 2.5(g))occurred and is continuing.
Appears in 2 contracts
Samples: Loan and Security Agreement (Officemax Inc /Oh/), Loan and Security Agreement (Officemax Inc /Oh/)
COMMITMENT TO MAKE REVOLVING CREDIT LOANS AND SUPPORT LETTERS OF CREDIT. Subject to the provisions of this Agreement, the Revolving Credit Lenders shall make a loan or advance under the Revolving Credit and the Agent shall issue an L/C for the account of, or shall have an L/C issued for the account of of, the BorrowerBorrowers, in each instance if duly and timely requested by the Borrower Borrowers as provided herein provided that:
(i) No OverAdvance is then outstanding and none will result therefrom.
(ii) The Revolving Credit has not been suspended (as to which, see Section 2.5(g)).
Appears in 1 contract
COMMITMENT TO MAKE REVOLVING CREDIT LOANS AND SUPPORT LETTERS OF CREDIT. Subject to the provisions of this Agreement, the Revolving Credit Lenders Lender shall make a loan or advance under the Revolving Credit and the Agent shall use its reasonable efforts to have an L/C issued for the account of the Borrower, in each instance if duly and timely requested by the Borrower as provided herein provided that:
(ia) No OverAdvance is then outstanding and none The Borrowing Base will result therefromnot be exceeded.
(iib) The amount of the loan or advance or L/C so requested does not exceed Availability.
(c) The Revolving Credit has not been suspended (as to which, see provided in Section 2.5(g)2.5(h).
Appears in 1 contract
Samples: Loan and Security Agreement (Bakers Footwear Group Inc)
COMMITMENT TO MAKE REVOLVING CREDIT LOANS AND SUPPORT LETTERS OF CREDIT. Subject to the provisions of this Agreement, the Revolving Credit Lenders shall make a loan or advance under the Revolving Credit and the Administrative Agent shall endeavor to have an L/C issued for the account of the Lead Borrower, in each instance if duly and timely requested by the Lead Borrower as provided herein provided that:
: (ia) No OverAdvance OverLoan is then outstanding and none will result therefrom.
(ii) The Revolving Credit has not been suspended (as to which, see Section 2.5(g)).
Appears in 1 contract