Commitments to Lend. 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 in amounts such that the aggregate principal amount of Committed Loans by such Bank and Letter of Credit Liabilities of such Bank at any one time outstanding shall not exceed the amount of its Commitment. Each Borrowing under this Section shall be in Dollars and 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 available in accordance with Section 3.02) and shall be made from the several 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 2.13 and reborrow at any time during the Revolving Credit Period under this Section.
Appears in 3 contracts
Samples: Credit Agreement (Galileo International Inc), Credit Agreement (Galileo International Inc), Credit Agreement (Galileo International Inc)
Commitments to Lend. During the Revolving Credit Period, Period each Bank severally agrees, on the terms and conditions set forth in this Agreement, to make loans to the Borrower Company or any Eligible Subsidiary pursuant to this Section from time to time in amounts such that the aggregate principal amount of Committed Loans by such Bank and Letter of Credit Liabilities of such Bank at any one time outstanding to all Borrowers shall not exceed the amount of its Commitment. Each Borrowing under this Section shall be in Dollars and be in an aggregate principal amount of $10,000,000 15,000,000 or any larger multiple of $1,000,000 (except that any such Borrowing may be in the aggregate amount available in accordance with Section 3.023.02(b)) and shall be made from the several Banks ratably in proportion to their respective Commitments. Within the foregoing limits, the a Borrower may borrow under this Section, prepay Loans repay or, to the extent permitted by Section 2.13 2.11, prepay Loans and reborrow at any time during the Revolving Credit Period under this Section.
Appears in 3 contracts
Samples: Multi Year Credit Agreement and 364 Day Credit Agreement (Gillette Co), 364 Day Credit Agreement (Gillette Co), 364 Day Credit Agreement (Gillette Co)
Commitments to Lend. (a Revolving Loans. During the Revolving Credit Period, 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 in amounts such that the aggregate principal amount of Committed Revolving Loans by such Bank and Letter of Credit Liabilities of such Bank at any one time outstanding shall not exceed the amount of its Commitment. Each Borrowing under this Section shall be in Dollars and 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 maximum aggregate amount available in accordance with Section 3.023.02(d)) and shall be made from the several 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 2.13 2.12, prepay Loans and reborrow at any time during the Revolving Credit Period under this Section.
Appears in 2 contracts
Samples: Revolving Credit Agreement (National Rural Utilities Cooperative Finance Corp /Dc/), Revolving Credit Agreement (National Rural Utilities Cooperative Finance Corp /Dc/)
Commitments to Lend. During the Revolving Credit Period, Period each Bank severally agrees, on the terms and conditions set forth in this Agreement, to make loans to the either Borrower pursuant to this Section from time to time in amounts such that the aggregate principal amount of Committed Loans by such Bank and Letter of Credit Liabilities of such Bank at any one time outstanding to both Borrowers shall not exceed the amount of its such Bank's Commitment. Each Borrowing under this Section shall be in Dollars and be in an aggregate principal amount of $10,000,000 5,000,000 or any larger multiple of $1,000,000 5,000,000 (except that any such Borrowing may be in the aggregate amount available in accordance with Section 3.023.02(b)) and shall be made from the several Banks ratably in proportion to their respective Commitments. Within the foregoing limits, the Borrower Borrowers may borrow under this Section, prepay Loans repay or, to the extent permitted by Section 2.13 2.12, prepay Loans and reborrow at any time during the Revolving Credit Period under pursuant to this Section.
Appears in 2 contracts
Samples: Credit and Guaranty Agreement (Aramark Corp), Credit and Guaranty Agreement (Aramark Corp)
Commitments to Lend. (a) During the Revolving Credit Availability Period, each Bank severally agrees, on the terms and conditions set forth in this Agreement, to make loans in Dollars to the Borrower or any Additional Borrower pursuant to this Section from time to time in amounts such that the aggregate principal amount of Committed Loans Revolving Exposure by such Bank and Letter of Credit Liabilities of such Bank at any one time outstanding shall not exceed the amount of its Commitment. Each Borrowing under this Section shall be in Dollars and 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 available in accordance with Section 3.023.2(b)) and shall be made from the several Banks ratably in proportion to their respective Available Commitments. Within the foregoing limits, the Borrower or any Additional Borrower may borrow under this Section, prepay Loans repay, or to the extent permitted by Section 2.13 2.11, prepay Loans and reborrow at any time during the Revolving Credit Availability Period under this Section.
Appears in 2 contracts
Samples: Credit Agreement (Ingersoll Rand Co LTD), Credit Agreement (Ingersoll Rand Co LTD)
Commitments to Lend. During the Revolving Credit Period, 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 in amounts such that the aggregate principal amount of Committed Loans by such Bank and Letter of Credit Liabilities of such Bank (including its Designated Lenders, if any) at any one time outstanding shall not exceed the amount of its Commitment. Each Borrowing under this Section shall be in Dollars and be in an aggregate principal amount of $10,000,000 25,000,000 or any larger multiple of $1,000,000 5,000,000 (except that any such Borrowing may be in the aggregate amount available in accordance with Section 3.023.02(b)) and shall be made from the several Banks (and their Designated Lenders, if any) 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 2.13 2.11, and reborrow at any time during the Revolving Credit Period under this Section. The Commitments shall terminate on the Termination Date.
Appears in 2 contracts
Samples: Multi Year Credit Agreement (American Stores Co /New/), 364 Day Credit Agreement (American Stores Co /New/)
Commitments to Lend. During the Revolving Credit Period, each (a) Each Bank severally agrees, on the terms and conditions set forth in this Agreement, to make loans to the Borrower Borrowers pursuant to this Section 2.01(a) from time to time during the Revolving Credit Period in amounts such that the aggregate principal amount of Committed Loans by such Bank and Letter of Credit Liabilities Total Outstandings of such Bank at any one time outstanding shall not exceed the amount of its CommitmentCommitment at such time. Each Borrowing under this Section subsection (a) shall be in Dollars and be in an aggregate principal amount of $10,000,000 5,000,000 or any larger multiple of $1,000,000 (except that any such Borrowing may be in the aggregate amount available in accordance with Section 3.023.03(c)) and shall be made from the several Banks ratably in proportion to their respective Commitments. Within the foregoing limits, the a Borrower may borrow under this SectionSection 2.01(a), prepay Loans repay, or, to the extent permitted by Section 2.13 2.11, prepay Loans and reborrow at any time during the Revolving Credit Period under this SectionPeriod.
Appears in 1 contract
Samples: Credit Agreement (Aes Corporation)
Commitments to Lend. During the Revolving Credit Periodperiod from and including the ------------------- Effective Date to but excluding the Termination Date, 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 in amounts such that the aggregate principal amount of Committed Loans by such Bank and Letter of Credit Liabilities of such Bank at any one time outstanding shall not exceed the amount of its Commitment. Each Borrowing under this Section shall be in Dollars and 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 available in accordance with Section 3.023.02(b)) and shall be made from the several 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 2.13 2.11, prepay Loans and reborrow at any time during prior to the Revolving Credit Period Termination Date under this Section.
Appears in 1 contract
Commitments to Lend. 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 in amounts such that the aggregate principal amount of Committed Loans by such Bank and Letter of Credit Liabilities of such Bank at any one time outstanding plus its Letter of Credit Liabilities shall not exceed the amount of its Commitment. Each Borrowing under this Section 2.01 shall be in Dollars and be in an aggregate principal amount of $10,000,000 5,000,000 or any larger multiple of $1,000,000 (except that any such Borrowing may be in the aggregate amount available in accordance with Section 3.023.02(c)) and shall be made from the several Banks ratably in proportion to their respective Commitments. Within the foregoing limits, the Borrower may borrow under this SectionSection 2.01, prepay Loans repay, or to the extent permitted by Section 2.13 2.12, prepay Loans and reborrow at any time during the Revolving Credit Period under this SectionSection 2.01.
Appears in 1 contract
Commitments to Lend. During the Revolving Credit Period, 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 in amounts such that the aggregate principal amount of Committed Loans by such Bank and Letter of Credit Liabilities of such Bank at any one time outstanding shall not exceed the amount of its Commitment. Each Borrowing under this Section shall be in Dollars and be in an aggregate principal amount of $10,000,000 or any larger amount that is a multiple of $1,000,000 (except 1,000,000; provided, that any such Borrowing under this Section may be in the aggregate amount available in accordance with Section 3.02) and 3.02(b). Each Borrowing under this Section shall be made from the several 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 2.13 2.11, prepay Loans and reborrow at any time during the Revolving Credit Period under this Section.
Appears in 1 contract
Commitments to Lend. During the Revolving Credit Period, each 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 in amounts during the Revolving Credit Period; PROVIDED that immediately after each such that Loan is made, (i) the aggregate outstanding principal amount of Committed such Bank's Loans by such Bank shall not exceed its Commitment and Letter of Credit Liabilities of such Bank at any one time outstanding (ii) the Total Outstanding Amount shall not exceed the amount of its CommitmentBorrowing Base at such time. Each Borrowing under this Section shall be in Dollars and be in an aggregate principal amount of $10,000,000 1,000,000 or any larger multiple of $1,000,000 500,000 (except that any such Borrowing may be in the aggregate amount available in accordance with Section 3.02of the unused Commitments) and shall be made from the several 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 2.13 2.08 and reborrow at any time during the Revolving Credit Period under this Section.
Appears in 1 contract
Samples: Senior Reducing Revolving Credit Facility (Bellwether Exploration Co)
Commitments to Lend. During the Revolving Credit Period, each Bank severally agrees, on the terms and conditions set forth in this Agreement, to make loans to the any Borrower pursuant to this Section from time to time in amounts such that the aggregate principal amount of Committed Loans by such Bank and Letter of Credit Liabilities of such Bank at any one time outstanding to all Borrowers shall not exceed the amount of its Commitment. Each Borrowing under this Section shall be in Dollars and 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 available in accordance with Section 3.023.02(b)) and shall be made from the several Banks ratably in proportion to their respective Commitments. Within the foregoing limits, the any Borrower may borrow under this Section, prepay Loans repay or, to the extent permitted by Section 2.13 2.12, prepay Loans and reborrow at any time during the Revolving Credit Period under this Section.
Appears in 1 contract
Commitments to Lend. During the Revolving Credit Period, Period each Bank severally agrees, on the terms and conditions set forth in this Agreement, to make loans to the Borrower Company or any Eligible Subsidiary pursuant to this Section from time to time in amounts such that the aggregate principal amount of Committed Loans by such Bank and Letter of Credit Liabilities of such Bank at any one time outstanding to all Borrowers shall not exceed the amount of its Commitment. Each Borrowing under this Section subsection (a) shall be in Dollars and be in an aggregate principal amount of $10,000,000 5,000,000 or any larger multiple of $1,000,000 (except that any such Borrowing may be in the aggregate amount available in accordance with Section 3.023.02(b)) and shall be made from the several Banks ratably in proportion to their respective Commitments. Within the foregoing limits, the a Borrower may borrow under this SectionSection 2.01, prepay Loans repay, or to the extent permitted by Section 2.13 2.11, prepay Loans and reborrow at any time during the Revolving Credit Period under this SectionSection 2.01.
Appears in 1 contract
Commitments to Lend. During the Revolving Credit ------------------- Period, each Bank severally agrees, on the terms and conditions set forth in this Agreement, to make loans to the either Borrower pursuant to this Section from time to time in amounts such that the aggregate principal amount of Committed Loans by such Bank and Letter of Credit Liabilities of such Bank at any one time outstanding to both Borrowers shall not exceed the amount of its Commitment. Each Borrowing under this Section shall be in Dollars and 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 available in accordance with Section 3.023.2) and shall be made from the several Banks ratably in proportion to their respective Commitments. Within the foregoing limits, the Borrower Borrowers may borrow under this Section, prepay Loans to the extent permitted by Section 2.13 2.12 and reborrow at any time during the Revolving Credit Period under this Section.
Appears in 1 contract
Samples: Credit Agreement (Nationwide Financial Services Inc /Oh/)
Commitments to Lend. (a) Revolving Loans. During the Revolving Credit Period, 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 in amounts such that the aggregate principal amount of Committed Revolving Loans by such Bank and Letter of Credit Liabilities of such Bank at any one time outstanding shall not exceed the amount of its Commitment. Each Borrowing under this Section shall be in Dollars and 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 maximum aggregate amount available in accordance with Section 3.023.03(d)) and shall be made from the several 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 2.13 2.12, prepay Loans and reborrow at any time during the Revolving Credit Period under this Section.
Appears in 1 contract
Samples: Revolving Credit Agreement (National Rural Utilities Cooperative Finance Corp /Dc/)
Commitments to Lend. During the Revolving Credit Period, each (a) Each Bank severally agrees, on the terms and conditions set forth in this Agreement, to make loans to the Borrower Borrowers pursuant to this Section 2.01 (a) from time to time during the Revolving Credit Period in amounts such that the aggregate principal amount of Committed Loans by such Bank and Letter of Credit Liabilities Total Outstandings of such Bank at any one time outstanding shall not exceed the amount of its CommitmentCommitment at such time. Each Borrowing under this Section subsection (a) shall be in Dollars and be in an aggregate principal amount of $10,000,000 5,000,000 or any larger multiple of $1,000,000 (except that any such Borrowing may be in the aggregate amount available in accordance with Section 3.023.03(c)) and shall be made from the several Banks ratably in proportion to their respective Commitments. Within the foregoing limits, the a Borrower may borrow under this SectionSection 2.01 (a), prepay Loans repay, or, to the extent permitted by Section 2.13 2.11, prepay Loans and reborrow at any time during the Revolving Credit Period under this SectionPeriod.
Appears in 1 contract
Samples: Credit Agreement (Aes Corporation)
Commitments to Lend. 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 2.01 from time to time in amounts such that the aggregate principal amount of Committed Loans loans by such Bank and Letter of Credit Liabilities of such Bank at any one time outstanding shall not exceed the amount of its Commitment. Each Borrowing under this Section 2.01 shall be in Dollars and be in an aggregate principal amount of $10,000,000 5,000,000 or any larger multiple of $1,000,000 (except that any such Borrowing may be in the aggregate amount available in accordance with Section 3.023.02(b)) and shall be made from the several Banks ratably in proportion to their respective CommitmentsCommitments in effect on the date of Borrowing. Within the foregoing limits, the Borrower may borrow under this SectionSection 2.01, prepay Loans or to the extent permitted by Section 2.13 2.11, prepay Loans and reborrow at any time during the Revolving Credit Period under this SectionSection 2.01.
Appears in 1 contract
Samples: Credit Agreement (Duke Capital LLC)
Commitments to Lend. During the Revolving Credit Period, 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 in amounts such that the sum of the aggregate principal amount of Committed Loans by such Bank and at any one time outstanding plus the Letter of Credit Liabilities of such Bank at any one such time outstanding shall not exceed the amount of its Commitment. Each Borrowing under this Section shall be in Dollars and be in an aggregate principal amount of $10,000,000 5,000,000 or any larger multiple of $1,000,000 (except that any such Borrowing may be in the aggregate amount available in accordance with Section 3.023.2(e)) and shall be made from the several 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 2.13 2.11, prepay Loans and reborrow at any time during the Revolving Credit Period under this Section.
Appears in 1 contract
Samples: Credit Agreement (K N Energy Inc)
Commitments to Lend. During the Revolving Credit Period, 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 in amounts such that the aggregate principal amount of Committed Loans by such Bank and Letter of Credit Liabilities of such Bank at any one time outstanding shall not exceed the amount of its Commitment. Each Borrowing under this Section shall be in Dollars and be in an aggregate principal amount of $10,000,000 5,000,000 or any larger multiple of $1,000,000 (except that any such Borrowing may be in the aggregate amount available in accordance with Section 3.023.2(e)) and shall be made from the several 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 2.13 2.10, prepay Loans and reborrow at any time during the Revolving Credit Period under this Section.
Appears in 1 contract
Commitments to Lend. During the Revolving Credit Period, each Each Bank severally agrees, on the terms and conditions set forth in this Agreement, to make loans to the Borrower Borrowers pursuant to this Section from time to time in amounts during the Revolving Credit Period; provided that, immediately after each such that loan is made, the aggregate principal amount Dollar Amount of such Bank's Committed Loans by such Bank and Letter of Credit Liabilities of such Bank at any one time outstanding shall not exceed the amount of its Commitment. Each The aggregate Dollar Amount of each Borrowing under this Section shall not be in Dollars and be in an aggregate principal amount of less than $10,000,000 or any larger multiple of $1,000,000 (except that any such Borrowing may be in an aggregate Dollar Amount equal to the aggregate amount available in accordance with Section 3.02) and ). Each Borrowing under this Section shall be made from the several Banks ratably in proportion to their respective Commitments. Within the foregoing limits, the Borrower Borrowers may borrow under this Section, prepay Loans to the extent permitted by Section 2.13 2.11 and reborrow at any time during the Revolving Credit Period under this Section.
Appears in 1 contract
Samples: Credit Agreement (Boise Cascade Office Products Corp)
Commitments to Lend. During the Revolving Credit Period, 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 in amounts such requested by the Borrower in accordance with the terms of this Agreement, provided that the aggregate principal amount of Committed Loans by such Bank and Letter of Credit Liabilities of such Bank at any one time outstanding shall not exceed the amount of its Commitment. Each Borrowing under this Section shall be in Dollars and 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 available in accordance with Section 3.023.02(b)) and shall be made from the several 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 2.13 2.11, prepay Loans and reborrow at any time during the Revolving Credit Period under this Section.
Appears in 1 contract
Samples: Credit Agreement (Rite Aid Corp)
Commitments to Lend. During the Revolving Credit Period, each 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 after the Effective Date and prior to the Termination Date in amounts such that the aggregate principal amount of Committed Loans by such Bank and Letter of Credit Liabilities of such Bank at any one time outstanding shall not exceed the amount of its Commitment. Each Borrowing of Loans under this Section shall be in Dollars and be in an aggregate principal amount of $10,000,000 25,000,000 or any larger multiple of $1,000,000 5,000,000 (except that any such Borrowing may be in a lesser amount to the extent that the aggregate amount available in accordance with Section 3.023.02(b) is less than these requirements) and shall be made from the several Banks ratably in proportion to their respective CommitmentsCommitmentsApplicable Percentages. Within the foregoing limits, the Borrower may borrow under this Section, prepay Loans repay, or to the extent permitted by Section 2.13 2.10, prepay Loans and reborrow at any time during prior to the Revolving Credit Period Termination Date under this Section.
Appears in 1 contract
Commitments to Lend. During the Revolving Credit Period, 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 in amounts such that the aggregate principal amount of Committed Loans by such Bank and Letter of Credit Liabilities of such Bank at any one time outstanding shall not exceed the amount of its Commitment. Each Borrowing Borrowing, under this Section subsection (a) shall be in Dollars and 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 available in accordance with Section 3.023.2(b)) and shall be made from the several Banks ratably in proportion to their respective Commitments. Within the foregoing limits, the Borrower may borrow under this Sectionsubsection (a), prepay Loans repay, or to the extent permitted by Section 2.13 2.11, prepay Loans and reborrow at any time during the Revolving Credit Period under this Sectionsubsection (a).
Appears in 1 contract
Samples: Credit Agreement (Westvaco Corp)