COMMITMENTS AND TERMS OF CREDIT Sample Clauses

COMMITMENTS AND TERMS OF CREDIT. 2 Section 2.01. Commitments.............................................2 Section 2.02. Borrowing Procedures; Conversions.......................2 Section 2.03. The Notes...............................................4 Section 2.04. Reduction of the Commitments............................4 Section 2.05.
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COMMITMENTS AND TERMS OF CREDIT. 2 Section 2.01. Commitments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 Section 2.02. Borrowing Procedures; Conversions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 Section 2.03. Issuing and Reimbursing the Letters of Credit . . . . . . . . . . . . . . . . . . . . . . . . 4 Section 2.04. Collateral Market Value . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 Section 2.05. The Notes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 Section 2.06. Reduction of the Commitments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 Section 2.07. Mandatory Repayment of Loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 Section 2.08. Interest Accrual, Payments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 Section 2.09.
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COMMITMENTS AND TERMS OF CREDIT. 2 Section 2.01. Commitments. . . . . . . . . . . . . . . . . . . . . . . . 2 Section 2.02. Borrowing Procedures; Conversions. . . . . . . . . . . . . 3 Section 2.03. Extension of Initial Commitment Period . . . . . . . . . . 4 Section 2.04. Borrowing Base . . . . . . . . . . . . . . . . . . . . . . 4 Section 2.05. The Notes. . . . . . . . . . . . . . . . . . . . . . . . . 6 Section 2.06. Reduction of the Commitments . . . . . . . . . . . . . . . 6 Section 2.07. Mandatory Repayment of Loans . . . . . . . . . . . . . . . 6 Section 2.08. Interest Accrual, Payments . . . . . . . . . . . . . . . . 7 Section 2.09.
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COMMITMENTS AND TERMS OF CREDIT. 2 Section 2.01. Commitments 2 Section 2.02. Borrowing Procedures; Conversions 3 Section 2.03. Issuing and Reimbursing the Letters of Credit 5 Section 2.04. Borrowing Base 7 Section 2.05. The Notes 9 Section 2.06. Reduction of the Commitments 9 Section 2.07. Mandatory Repayment of Loans 9 Section 2.08. Interest Accrual, Payments 10 Section 2.09.
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COMMITMENTS AND TERMS OF CREDIT. Section 2.01 Commitments and Loans 2 Section 2.02 Borrowing Procedures; Interest Elections 2 Section 2.03 The Notes 4 Section 2.04 Termination and Reduction of the Commitments 5 Section 2.05 Repayment of Loans 5 Section 2.06 Interest Accrual, Payments, Etc 6 Section 2.07 Prepayments 8 Section 2.08 Payments and Computations 9 Section 2.09 Fees 11 Section 2.10 Setoff, Counterclaims and Taxes 11 Section 2.11 Funding Losses 14 Section 2.12 Change in Law 14 Section 2.13 Increased Costs 15 Section 2.14 Mitigation Obligations; Substitution of Banks 16 Section 2.15 Incremental Term Loans 17 Section 2.16 Defaulting Banks 19
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COMMITMENTS AND TERMS OF CREDIT 
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Related to COMMITMENTS AND TERMS OF CREDIT

  • Amount and Terms of Credit 1.1 Credit Facilities

  • Amount and Terms of Commitments 2.1 [Reserved].

  • Amount and Terms of Commitment Each Lender severally agrees, on the terms and subject to the conditions hereinafter set forth,

  • Amounts and Terms of Commitments Each Bank severally agrees, on the terms and conditions set forth herein, to make Loans to the Borrowers from time to time on any Business Day during the period from the Refinancing Date to the Commitment Termination Date equal to its Pro Rata Share of the aggregate amount of the Borrowing requested by a Borrower to be made on such day. The Commitment of each Bank and the outstanding principal amount of Loans made by each Bank hereunder shall not exceed at any time the aggregate amount set forth on Schedule II (such amount as the same may be reduced under Section 2.5 or as a result of one or more assignments as permitted herein pursuant to Section 3.7 and Section 9.7, the Bank's "Commitment"); provided, however, that, after giving effect to any Borrowing, the aggregate principal amount of all outstanding Loans shall not at any time exceed the Commitment Amount; and provided, further, that the aggregate principal amount of all Loans outstanding from time to time to a Borrower shall not exceed the Borrowing Base for the relevant Borrower. Within the limits of each Bank's Commitment, and subject to the other terms and conditions hereof, a Borrower may borrow under this Section 2.1, repay under the terms hereof and reborrow under this Section 2.1.

  • AMOUNTS AND TERMS OF COMMITMENTS AND LOANS 2.1 Commitments; Making of Loans; the Register; Notes.

  • Amount and Terms of Revolving Commitments 2.1 [Reserved].

  • Amount and Terms of the Commitments 30 Section 2.1. General Description of Facilities 30 Section 2.2. Revolving Loans 31 Section 2.3. Procedure for Revolving Borrowings 31 Section 2.4. Swingline Commitment 31 Section 2.5. Funding of Borrowings 33 Section 2.6. Interest Elections 33 Section 2.7. Optional Reduction and Termination of Commitments 34 Section 2.8. Repayment of Loans 35 Section 2.9. Evidence of Indebtedness 35 Section 2.10. Optional Prepayments 35 Section 2.11. Mandatory Prepayments 36 Section 2.12. Interest on Loans 36 Section 2.13. Fees 37 Section 2.14. Computation of Interest and Fees 38 Section 2.15. Inability to Determine Interest Rates 38 Section 2.16. Illegality 38 Section 2.17. Increased Costs 39 Section 2.18. Funding Indemnity 40 Section 2.19. Taxes 40 Section 2.20. Payments Generally; Pro Rata Treatment; Sharing of Set-offs 43 Section 2.21. Letters of Credit 45 Section 2.22. Increase of Commitments; Additional Lenders 49 Section 2.23. Mitigation of Obligations 52 Section 2.24. Replacement of Lenders 52 Section 2.25. Defaulting Lenders 53 Section 2.26. All Obligations to Constitute Joint and Several Obligations 54 ARTICLE III

  • Amounts and Terms of the Advances and Letters of Credit Section 2.01 The Revolving Advances and Letters of Credit.

  • Amount and Terms of Revolving Credit Commitments 3.1 Revolving Credit Commitments. (a) Subject to the terms and conditions hereof, each Lender severally agrees to the extent of its Revolving Credit Commitment to extend credit to the Company from time to time on any Borrowing Date during the Revolving Credit Commitment Period (i) by purchasing an L/C Participating Interest in each Letter of Credit issued by the Issuing Lender and (ii) by making loans in Dollars (individually, such a Loan is a "Revolving Credit Loan", and collectively such Loans are the "Revolving Credit Loans") to the Company from time to time. Notwithstanding the above, in no event shall any Revolving Credit Loans be made, or Letter of Credit be issued, if the aggregate amount of the Revolving Credit Loans to be made or Letter of Credit to be issued would, after giving effect to the use of proceeds, if any, thereof, exceed the aggregate Available Revolving Credit Commitments nor shall any Letter of Credit be issued if after giving effect thereto the sum of the undrawn amount of all outstanding Letters of Credit and the amount of all L/C Obligations would exceed $10,000,000. During the Revolving Credit Commitment Period, the Company may use the Revolving Credit Commitments by borrowing, prepaying the Revolving Credit Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof, and/or by having the Issuing Lender issue Letters of Credit, having such Letters of Credit expire undrawn upon or if drawn upon, reimbursing the Issuing Lender for such drawing, and having the Issuing Lender issue new Letters of Credit.

  • Amount and Terms of the Commitment Section 2.01. The Advances ................................................................... 7 Section 2.02. Making the Advances ............................................................ 7 Section 2.03. Fees ........................................................................... 9 Section 2.04. Reduction or Termination of the Maximum Commitment ............................. 9 Section 2.05. Repayments of Interest Advances or the Final Advance ........................... 9 Section 2.06. Repayments of Provider Advances ................................................ 10 Section 2.07. Payments to the Liquidity Provider Under the Intercreditor Agreement ........... 11 Section 2.08. Book Entries ................................................................... 11 Section 2.09. Payments from Available Funds Only ............................................. 11 Section 2.10. Extension of the Expiry Date: Non-Extension Advance ........................... 11

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