Commitments to Lend. Each Lender severally agrees, on the terms and conditions set forth in this Agreement, to make loans to the Borrower pursuant to this Section from time to time during the Revolving Credit Period; provided that, immediately after each such loan is made: (i) such Lender’s Outstanding Committed Amount shall not exceed its Commitment; and (ii) the Total Outstanding Amount shall not exceed the aggregate amount of the Commitments. Each Borrowing under this Section shall be in an aggregate principal amount of $50,000,000 or any larger integral multiple of $10,000,000 (except that any such Borrowing may be in the aggregate amount available within the limitations in the foregoing proviso) and shall be made from the several Lenders ratably in proportion to their respective Commitments. Within the foregoing limits, the Borrower may borrow under this Section, prepay Loans to the extent permitted by Section 2.11 and reborrow at any time during the Revolving Credit Period under this Section.
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Samples: Credit Agreement (Marathon Oil Corp), Credit Agreement (Marathon Oil Corp)
Commitments to Lend. Each Lender Bank severally agrees, on the terms and conditions set forth in this Agreement, to make loans to the Borrower pursuant to this Section from time to time during the Revolving Credit Period; provided that, immediately after each such loan is made:
, (i) the aggregate outstanding principal amount of such Lender’s Outstanding Bank's Committed Amount Loans shall not exceed its Commitment; and
Commitment and (ii) the Total Outstanding Amount aggregate outstanding principal amount of all the Loans shall not exceed the aggregate amount of the Commitments. Each Borrowing under this Section 2.01 shall be in an aggregate principal amount of $50,000,000 25,000,000 or any larger integral multiple of $10,000,000 5,000,000 (except that any such Borrowing may be in the aggregate amount available within the limitations in the foregoing proviso) and shall be made from the several Lenders Banks ratably in proportion to their respective Commitments. Within the foregoing limits, the Borrower may borrow under this Section, prepay Loans to the extent permitted by Section 2.11 and reborrow at any time during the Revolving Credit Period under this Section.
Appears in 1 contract
Samples: Credit Agreement (Guidant Corp)
Commitments to Lend. Each Lender Bank severally agrees, on the terms and conditions set forth in this Agreement, to make loans to the Borrower pursuant to this Section from time to time during the Revolving Credit Period; provided that, immediately after each such loan is made:
, (i) the aggregate outstanding principal amount of such Lender’s Outstanding Bank's Committed Amount Loans shall not exceed its Commitment; and
Commitment and (ii) the Total Outstanding Amount aggregate outstanding principal amount of all the Loans shall not exceed the aggregate amount of the Commitments. Each Borrowing under this Section shall be in an aggregate principal amount of $50,000,000 5,000,000 or any larger integral multiple of $10,000,000 1,000,000 (except that any such Borrowing may be in the aggregate amount available within the limitations in the foregoing provisoaccordance with Section 3.02) and shall be made from the several Lenders Banks ratably in proportion to their respective Commitments. Within the foregoing limits, the Borrower may borrow under this Section, prepay Loans repay, or to the extent permitted by Section 2.11 2.10, prepay Committed Loans and reborrow at any time during the Revolving Credit Period under this Section.
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Commitments to Lend. Each Lender severally agrees, on the terms and conditions set forth in this Agreement, to make loans to the Borrower pursuant to this Section from time to time during the Revolving Credit Period; provided that, immediately after each such loan is made:
(i) such Lender’s 's Outstanding Committed Amount shall not exceed its Commitment; and
(ii) the Total Outstanding Amount shall not exceed the aggregate amount of the Commitments. Each Borrowing under this Section shall be in an aggregate principal amount of $50,000,000 or any larger integral multiple of $10,000,000 (except that any such Borrowing may be in the aggregate amount available within the limitations in the foregoing proviso) and shall be made from the several Lenders ratably in proportion to their respective Commitments. Within the foregoing limits, the Borrower may borrow under this Section, prepay Loans to the extent permitted by Section 2.11 and reborrow at any time during the Revolving Credit Period under this Section.
Appears in 1 contract
Samples: Credit Agreement (Usx Corp)
Commitments to Lend. Each Lender severally agrees, on the terms and conditions set forth in this Agreement, to make loans to the Borrower pursuant to this Section from time to time during the Revolving Credit Period; provided that, immediately after each such loan is made:
(i) such Lender’s Outstanding Committed Amount shall not exceed its Commitment; and
(ii) the Total Outstanding Amount shall not exceed the aggregate amount of the Commitments. Each Borrowing under this Section shall be in an aggregate principal amount of $50,000,000 5,000,000 or any larger integral multiple of $10,000,000 1,000,000 (except that any such Borrowing may be in the aggregate amount available within the limitations in the foregoing proviso) and shall be made from the several Lenders ratably in proportion to their respective Commitments. Within the foregoing limits, the Borrower may borrow under this Section, prepay Loans to the extent permitted by Section 2.11 and reborrow at any time during the Revolving Credit Period under this Section.
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Commitments to Lend. Each Lender Bank severally agrees, on the terms and conditions set forth in this Agreement, to make loans to the Borrower pursuant to this Section from time to time during the Revolving Credit Period; provided that, immediately after each such loan is made:
, (i) the aggregate outstanding principal amount of such Lender’s Outstanding Bank's Committed Amount Loans shall not exceed its Commitment; and
Commitment and (ii) the Total Outstanding Amount aggregate outstanding principal amount of all the Loans shall not exceed the aggregate amount of the Commitments. Each Borrowing under this Section 2.01 shall be in an aggregate principal amount of $50,000,000 25,000,000 or any larger integral multiple of $10,000,000 5,000.000 (except that any such Borrowing may be in the aggregate amount available within the limitations in the foregoing proviso) and shall be made from the several Lenders Banks ratably in proportion to their respective Commitments. Within the foregoing limits, the Borrower may borrow under this Section, prepay Loans to the extent permitted by Section 2.11 2.12 and reborrow at any time during the Revolving Credit Period under this Section.
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Commitments to Lend. Each (a) During the Revolving Credit Period, each Lender severally agrees, on the terms and conditions set forth in this Agreement, to make loans Loans denominated in Dollars to the Borrower pursuant to this Section 2.01 from time to time during the Revolving Credit Period; provided that, immediately after each in amounts such loan is made:
that (i1) such Lender’s Outstanding Committed Amount shall not exceed the amount of its Commitment; and
Commitment and (ii2) the Total Outstanding Amount shall not exceed the aggregate amount of the Commitments. Each Borrowing under this Section 2.01 shall be in an a minimum aggregate principal amount Dollar Amount of $50,000,000 or 20,000,000 and any larger integral multiple of $10,000,000 (except that any such Borrowing may be in the aggregate amount available within the limitations in the foregoing proviso) 1,000,000 and shall be made from the several Lenders ratably in proportion to their respective Available Commitments. .
(b) Within the foregoing limits, the Borrower may borrow under this Section, prepay Loans repay, or to the extent permitted by Section 2.11 2.12, prepay Loans and reborrow at any time during the Revolving Credit Period under this Section.
Appears in 1 contract
Samples: 364 Day Credit Agreement (Estee Lauder Companies Inc)
Commitments to Lend. Each Lender Bank severally agrees, on the terms and conditions set forth in this Agreement, to make loans to the Borrower Company pursuant to this Section from time to time during the Revolving Credit Period; provided that, immediately after each such loan is made:
(i) the aggregate outstanding principal amount of such Lender’s Outstanding Bank's Committed Amount Loans shall not exceed its Commitment; and
(ii) the Total Outstanding Amount aggregate outstanding principal amount of all the Loans shall not exceed the aggregate amount of the Commitments. Each Borrowing under this Section shall be in an aggregate principal amount of $50,000,000 10,000,000 or any larger integral multiple of $10,000,000 1,000,000 (except that any such Borrowing may be in the aggregate amount available within the limitations in the foregoing proviso) and shall be made from the several Lenders Banks ratably in proportion to their respective Commitments. Within the foregoing limits, the Borrower Company may borrow under this Section, prepay Loans (including the Xxxxxxxx Loans) to the extent permitted by Section 2.11 3.11 and reborrow at any time during the Revolving Credit Period under this Section.
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Commitments to Lend. Each Lender severally agrees, on the terms and conditions set forth in this Agreement, to make loans Loans to the Borrower pursuant to this Section from time to time during the Revolving Credit Period; provided that, immediately after each such loan Loan is made:
, (i) such Lender’s 's Outstanding Committed Amount shall not exceed its Commitment; and
Commitment and (ii) the Total Outstanding Amount sum of (x) the aggregate principal amount of Loans outstanding plus (y) the Aggregate LC Exposure shall not exceed the aggregate amount of the CommitmentsBorrowing Base. Each Borrowing under this Section 2.01 shall be in an aggregate principal amount of $50,000,000 2,000,000 or any larger integral multiple of $10,000,000 1,000,000 (except that any such Borrowing may be in the aggregate amount available within of the limitations in the foregoing provisounused Commitments) and shall be made from the several Lenders ratably in proportion to their respective Commitments. Within the foregoing limits, the Borrower may borrow under this SectionSection 2.01, prepay Loans to the extent permitted by Section 2.11 2.09 and reborrow at any time during the Revolving Credit Period under this SectionSection 2.01.
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Commitments to Lend. Each Lender severally agrees, on the terms and conditions set forth in this Agreement, to make loans Revolving Loans to the Borrower pursuant to this Section from time to time during the Revolving Credit PeriodPeriod in dollars; provided that, immediately after each such loan Loan is made:
(i) such Lender’s Outstanding Committed Amount shall not exceed its Commitment; and
(ii) the Total Outstanding Amount shall not exceed the aggregate amount of the Commitments. Each Borrowing under this Section shall be in an aggregate principal amount of $50,000,000 10,000,000 or any larger integral multiple of $10,000,000 5,000,000 (except that any such Borrowing may be in the aggregate amount available within the limitations in the foregoing proviso) and shall be made from the several Lenders ratably in proportion to their respective Commitments. Within the foregoing limitslimits and subject to the terms and conditions set forth herein, the Borrower may borrow under this Sectionborrow, prepay Loans to the extent permitted by Section 2.11 and reborrow at any time during the Revolving Credit Period under this SectionLoans.
Appears in 1 contract
Samples: Credit Agreement (Marathon Oil Corp)
Commitments to Lend. Each Lender During the Revolving Credit Period, each Bank severally agrees, on the terms and conditions set forth in this Agreement, to make loans to the Borrower pursuant to this Section from time to time during the Revolving Credit Periodtime; provided that, immediately after each such loan is made:
(i) the aggregate outstanding principal amount of such Lender’s Outstanding Bank's Committed Amount Loans shall not exceed its Commitment; and
(ii) the Total Outstanding Amount aggregate outstanding principal amount of all Loans shall not exceed the aggregate amount of the Commitments. Each Borrowing under this Section shall be in an aggregate principal amount of $50,000,000 or any larger integral multiple of $10,000,000 (except that any such Borrowing may be in the aggregate amount available within the limitations in the foregoing proviso) and shall be made from the several Lenders ratably in proportion to their respective Commitments. Within the foregoing limits, the Borrower may borrow under this Section, prepay Loans to the extent permitted by Section 2.11 2.10 and reborrow at any time during ---- the Revolving Credit Period under this Section. Each Borrowing under this Section 2.01 shall be in an aggregate principal amount of $10,000,000 or any larger multiple of $1,000,000 (except that any such Borrowing may be in the aggregate amount at the time available under this Section) and shall be made from the several Banks ratably in proportion to their respective Commitments.
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Commitments to Lend. Each Lender severally agrees, on the terms and conditions set forth in this Agreement, to make loans to the Borrower pursuant to this Section from time to time during the Revolving Credit Period; provided that, immediately after each such loan is made:
(i) such Lender’s Outstanding Committed Amount shall not exceed its Commitment; and
(ii) the Total Outstanding Amount shall not exceed the aggregate amount of the Commitments. Each Borrowing under this Section shall be in an aggregate principal amount of $50,000,000 10,000,000 or any larger integral multiple of $10,000,000 5,000,000 (except that any such Borrowing may be in the aggregate amount available within the limitations in the foregoing proviso) and shall be made from the several Lenders ratably in proportion to their respective Commitments. Within the foregoing limits, the Borrower may borrow under this Section, prepay Loans to the extent permitted by Section 2.11 and reborrow at any time during the Revolving Credit Period under this Section.
Appears in 1 contract
Samples: Credit Agreement (Marathon Oil Corp)
Commitments to Lend. Each Lender severally agrees, on the terms and conditions set forth in this Agreement, to make loans to the Borrower pursuant to this Section from time to time during the Revolving Credit Period; provided that, immediately after each such loan is made:
(i) such Lender’s 's Outstanding Committed Amount shall not exceed its Commitment; and
(ii) the Total Outstanding Amount shall not exceed the aggregate amount of the Commitments. Each Borrowing under this Section shall be in an aggregate principal amount of $50,000,000 5,000,000 or any larger integral multiple of $10,000,000 1,000,000 (except that any such Borrowing may be in the aggregate amount available within the limitations in the foregoing proviso) and shall be made from the several Lenders ratably in proportion to their respective Commitments. Within the foregoing limits, the Borrower may borrow under this Section, prepay Loans to the extent permitted by Section 2.11 and reborrow at any time during the Revolving Credit Period under this Section.
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