COMMITMENT; USE OF PROCEEDS Sample Clauses

COMMITMENT; USE OF PROCEEDS. (a) Subject to and upon the terms and conditions herein set forth, each Lender severally agrees from time to time on and after the Closing Date, but during the Revolving Period, to make the Revolving Loans as provided in this Section 2.1. Borrower shall be entitled to repay and reborrow Revolving Loans in accordance with the provisions hereof.
COMMITMENT; USE OF PROCEEDS. (a) Subject to and upon the terms and conditions herein set forth, each Lender severally agrees to make to Borrower from time to time on and after the Closing Date, but prior to the Maturity Date, Revolving Loans; provided that, immediately after each such Revolving Loan is made, (i) the aggregate principal amount of all Advances comprising Revolving Loans made by such Lender shall not exceed such Lender's Revolving Credit Commitment, and (ii) the aggregate principal amount of all outstanding Revolving Loans plus the aggregate principal amount of all Competitive Bid Rate Advances plus the aggregate principal amount of all outstanding Swing Line Loans, shall not exceed the Total Commitments.
COMMITMENT; USE OF PROCEEDS. (a) Subject to and upon the terms and conditions herein set forth, the Lender has made to Borrower on the Closing Date, the Term Loan in an aggregate amount of the Lender’s Term Loan Commitment. The Term Loan is a term loan and, therefore, Borrower shall not be entitled to obtain any further or additional Advances on the Term Loan after the Closing Date.
COMMITMENT; USE OF PROCEEDS. (a) Subject to the terms set forth herein and in the Credit Agreement (as modified hereby) and the conditions set forth in Section 4 hereof and (subject to Section 4(a) hereof and provided that references to theClosing Date” therein shall be deemed for purposes of this Amendment to be references to the “Refinancing Effective Date”) Section 2.02 of the Credit Agreement, each Other Term Loan Lender severally agrees to make to the Borrower on the Refinancing Effective Date an Other Term Loan denominated in Dollars equal to such Other Term Loan Lender’s Other Term Loan Commitment. The failure of any Other Term Loan Lender to make any Other Term Loan required to be made by it will not relieve any other Other Term Loan Lender of its obligations hereunder; provided that the Other Term Loan Commitments are several and no Other Term Loan Lender will be responsible for, or relieved of its obligations hereunder with respect to, the failure of any other Other Term Loan Lender to make Other Term Loans as required. Amounts paid or prepaid in respect of Other Term Loans may not be reborrowed. Unless previously terminated, the Other Term Loan Commitments shall terminate at 5:00 p.m., New York City time, on the Refinancing Effective Date.
COMMITMENT; USE OF PROCEEDS. Subject to the terms and conditions of this Agreement (including without limitation, those set forth in Section 3A.3 hereof), each Lender severally and for itself alone agrees to make Advances of the CAPEX Loan in Dollars to the US Borrower from time to time on any Business Day during the CAPEX Loan Draw Period in an aggregate original principal amount not to exceed at any one time outstanding such Lender's Percentage of the CAPEX Loan Aggregate Commitment. The proceeds of each Advance under the CAPEX Loan shall be used solely to finance (in part) Capital Expenditures incurred by the US Borrower. No Advance shall exceed the CAPEX Advance Limit applicable to such Advance.
COMMITMENT; USE OF PROCEEDS. (a) Subject to and upon the terms and conditions herein set forth, each Lender severally agrees to make to Borrower from time to time on and after the Closing Date, but prior to the Maturity Date, Revolving Loans; provided that, immediately after each such Revolving Loan is made, (i) such Lender's Revolving Credit Exposure does not exceed such Lender's Revolving Credit Commitment and (ii) the sum of the aggregate Revolving Credit Exposures of all Lenders does not exceed the Revolving Credit Commitments of all Lenders.
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COMMITMENT; USE OF PROCEEDS. (a) Subject to the conditions of this Agreement, Lender agrees to extend to Borrowers a revolving line of credit which shall not exceed at any time the then-applicable Commitment. The amount of the then-applicable Commitment available to Borrowers at any time shall be equal to the then-applicable Commitment less the aggregate face amount of the HELOCs.
COMMITMENT; USE OF PROCEEDS. (a) Subject to the terms and conditions set forth herein and in the Credit Agreement (including Section 2.02 thereof), each Incremental Lender severally agrees to make to the Borrower an Initial Class C Incremental Term Loan in a single loan on the Class C Incremental Term Effective Date in a principal amount not exceeding such Incremental Lender’s Initial Class C Incremental Term Commitment. Unless previously terminated, the Initial Class C Incremental Term Commitments shall terminate at 5:00 p.m., New York City time, on the date of initial funding of the Initial Class C
COMMITMENT; USE OF PROCEEDS. (a) Subject to and upon the terms and conditions herein set forth, each Lender severally agrees from time to time on and after the Closing Date, but prior to the Maturity Date, (i) to make the Revolving Loans as provided in this Section 2.1, (ii) to purchase participations in Standby Letters of Credit issued by the Administrative Agent for the account of the Borrower as provided in Section 2.8, and (iii) to purchase participations in the Swing Line Loans made by the Administrative Agent as provided in Section 2.1(i). Borrower shall be entitled to repay and reborrow Revolving Loans in accordance with the provisions hereof.
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