Commitments to Lend. 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 prior to the Termination Date in amounts such that the aggregate principal amount of Committed Loans by such Bank at any one time outstanding shall not exceed the amount of its Commitment. Each Borrowing under this Section shall be in an aggregate principal amount of $25,000,000 or any larger multiple of $5,000,000 (except that any such Borrowing may be in the aggregate amount available in accordance with Section 3.02(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, repay, or to the extent permitted by Section 2.11, prepay Loans and reborrow at any time prior to the Termination Date under this Section.
Appears in 4 contracts
Samples: Credit Agreement (Target Corp), Credit Agreement (Target Corp), Credit Agreement (Target Corp)
Commitments to Lend. 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 on and after the Effective Date and prior to the Termination Date in amounts such that the aggregate principal amount of Committed Loans by such Bank at any one time outstanding shall not exceed the amount of its Commitment. Each Borrowing under this Section shall be in an aggregate principal amount of $25,000,000 50,000,000 or any larger multiple of $5,000,000 (except that any such Borrowing may be in the aggregate amount available in accordance with Section 3.02(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, repay, or prepay Loans to the extent permitted by Section 2.11, prepay Loans and reborrow at any time prior to the Termination Date under this SectionDate.
Appears in 4 contracts
Samples: Credit Agreement (At&t Capital Corp /De/), Credit Agreement (At&t Capital Corp /De/), Credit Agreement (At&t Capital Corp /De/)
Commitments to Lend. 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 prior to the Termination Date in amounts such that the aggregate principal amount of Committed Loans by such Bank at any one time outstanding shall not exceed the amount of its Commitment. Each Borrowing under this Section shall be in an aggregate principal amount of $25,000,000 5,000,000 or any larger multiple of $5,000,000 1,000,000 (except that any such Borrowing may be in the aggregate amount available in accordance with Section 3.02(b3.03(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, repayrepay or, or to the extent permitted by Section 2.11, prepay Loans and reborrow at any time prior to the Termination Date under this SectionSection 2.01.
Appears in 3 contracts
Samples: Credit Agreement (Tyco International LTD), 364 Day Credit Agreement (Tyco International LTD), Bridge Credit Agreement (Tyco International LTD)
Commitments to Lend. Each During its 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 prior to the Termination Date in amounts such that the aggregate principal amount of Committed Loans by such Bank at any one time outstanding shall not exceed the amount of its Commitment. Each Borrowing under this Section shall be in an aggregate principal amount of $25,000,000 5,000,000 or any larger multiple of $5,000,000 1,000,000 (except that any such Borrowing may be in the aggregate amount available in accordance with Section 3.02(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, repay, or to the extent permitted by Section 2.11, prepay Loans and reborrow at any time prior to the Termination Date under this Section.
Appears in 2 contracts
Samples: Credit Agreement (Harcourt General Inc), Credit Agreement (Harcourt General Inc)
Commitments to Lend. (a) Revolving Credit Loans. 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 prior to the Termination Date in amounts such that the aggregate principal amount of Committed Loans by such Bank at any one time outstanding shall not exceed the amount of its Commitment. Each Borrowing under this Section shall be in an aggregate principal amount of $25,000,000 10,000,000 or any larger multiple of $5,000,000 1,000,000 (except that any such Borrowing may be in the aggregate amount available in accordance with Section 3.02(b3.03(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, repayrepay or, or to the extent permitted by Section 2.11, prepay Loans and reborrow at any time prior to the Termination Date under this SectionSection 2.01.
Appears in 2 contracts
Samples: 364 Day Credit Agreement (Tyco International LTD /Ber/), 364 Day Credit Agreement (Tyco International LTD /Ber/)
Commitments to Lend. 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 prior to the Termination Date in amounts such Date; provided that the aggregate principal amount of Committed Loans by such Bank at any one time outstanding shall not exceed the amount of its Commitment. Each Borrowing under this Section shall be in an aggregate principal amount of $25,000,000 5,000,000 or any larger multiple of $5,000,000 1,000,000 (except that any such Borrowing may be in the aggregate amount available in accordance with Section 3.02(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, repay, or to the extent permitted by Section 2.11, prepay Loans and reborrow at any time prior to the Termination Date under this Section.
Appears in 1 contract
Samples: Credit Agreement (Central Hudson Gas & Electric Corp)
Commitments to Lend. Each Revolving Loans. 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 prior to the Termination Date in amounts such that the aggregate principal amount of Committed Revolving Loans by such Bank at any one time outstanding shall not exceed the amount of its Commitment. Each Borrowing under this Section shall be in an aggregate principal amount of $25,000,000 10,000,000 or any larger multiple of $5,000,000 1,000,000 (except that any such Borrowing may be in the maximum aggregate amount available in accordance with Section 3.02(b3.03(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, repayrepay or, or to the extent permitted by Section 2.112.12, prepay Loans and reborrow at any time prior to during the Termination Date Revolving Credit Period under this Section.
Appears in 1 contract
Samples: Revolving Credit Agreement (National Rural Utilities Cooperative Finance Corp /Dc/)
Commitments to Lend. 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 prior to during the Termination Date in amounts Revolving Credit Period; provided that, immediately after each such that loan is made, the aggregate outstanding principal amount of all Committed Loans by such Bank at any one time outstanding shall not exceed the amount of its Commitment. Each Borrowing under this Section shall be in an aggregate principal amount of $25,000,000 5,000,000 or any larger multiple of $5,000,000 1,000,000 (except that any such Borrowing may be in the aggregate amount available in accordance with Section 3.02(b)3.2) 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, repay, or prepay Loans to the extent permitted by Section 2.11, prepay Loans 2.11 and reborrow at any time prior to during the Termination Date Revolving Credit Period under this Section.
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Commitments to Lend. 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 prior to the Termination Date in amounts Date; provided that, immediately after each such that Loan is made, the aggregate outstanding principal amount of all Committed Loans made by such Bank at any one time outstanding shall not exceed the amount of its Commitment. Each Borrowing under pursuant to this Section shall be in an aggregate principal amount of $25,000,000 10,000,000 or any larger integral multiple of $5,000,000 1,000,000 (except that any such Borrowing may be in the aggregate amount available in accordance with Section 3.02(b)) and shall be made from the several Banks ratably in proportion to accordance with their respective CommitmentsPercentages. Within the foregoing limits, the Borrower may borrow under this Section, repay, or prepay Loans to the extent permitted by Section 2.11, prepay Loans 2.12 and reborrow at any time prior to the Termination Date under this Section...
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Commitments to Lend. Each Bank 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 prior from the Closing Date to but excluding the Termination Date in amounts such that the aggregate principal amount of Committed Loans by such Bank Lender at any one time outstanding shall not exceed the amount of its Commitment. Each Borrowing under this Section shall be in an aggregate principal amount of $25,000,000 10,000,000 or any larger multiple of $5,000,000 1,000,000 (except that any such Borrowing may be in the aggregate amount available in accordance with Section 3.02(b)3.02) and shall be made from the several Banks Lenders ratably in proportion to their respective Commitments. Within the foregoing limits, the Borrower may borrow under this Section, repay, or to the extent permitted by Section 2.11, prepay Loans and reborrow at any time prior to the Termination Date under this Section.
Appears in 1 contract
Samples: Credit Agreement (Cisco Systems Inc)
Commitments to Lend. (a) 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 prior to during the Termination Date Revolving Credit Period for such Bank in amounts such that the aggregate principal amount of Committed Loans by such Bank at any one time outstanding shall not exceed the amount of its Commitment. Each Borrowing under this Section shall be in an aggregate principal amount of $25,000,000 75,000,000 or any larger multiple of $5,000,000 (except that any such Borrowing may be in the aggregate amount available in accordance with Section 3.02(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, repay, or prepay Loans (to the extent permitted by Section 2.11, prepay Loans ) and reborrow at any time prior to during the Termination Date Revolving Credit Period under this Section.
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Commitments to Lend. Each From time to time prior to the Termination Date, each Bank severally agrees, on the terms and conditions set forth in this Agreement, to make loans to the Borrower Company pursuant to this Section 2.1 from time to time prior to the Termination Date in amounts such that the aggregate principal amount of Committed Loans by such Bank at any one time outstanding shall not exceed the amount of its Commitment. Each Borrowing under this Section shall be in an aggregate principal amount of $25,000,000 5,000,000 or any larger multiple of $5,000,000 1,000,000 (except that any such Borrowing may be in the aggregate amount available in accordance with Section 3.02(b3.2(b)) and shall be made from the several Banks ratably in proportion to their respective Commitments. Within the foregoing limits, the Borrower Company may borrow under this Section, repay, or prepay Loans to the extent permitted by Section 2.112.12, prepay Loans and, subject to the terms and conditions set forth in this Agreement, reborrow at any time prior to the Termination Date under this SectionDate.
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Commitments to Lend. 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 at any one time outstanding shall not exceed the amount of its Commitment. Each Borrowing under this Section shall be in an aggregate principal amount of $25,000,000 or any larger multiple of $5,000,000 (except that any such Borrowing may be in the aggregate amount available in accordance with Section 3.02(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, repay, or to the extent permitted by Section 2.11, prepay Loans and reborrow at any time prior to the Termination Date under this Section.
Appears in 1 contract
Samples: Credit Agreement (Target Corp)
Commitments to Lend. Each 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 prior to the Termination Date in amounts such that the aggregate principal amount of Committed Loans by such Bank at any one time outstanding shall not exceed the amount of its Commitment. Each Borrowing under this Section shall be in an aggregate principal amount of $25,000,000 15,000,000 or any larger multiple of $5,000,000 1,000,000 (except that any such Borrowing may be in the aggregate amount available in accordance with Section 3.02(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, repay, or to the extent permitted by Section 2.11, prepay Loans and reborrow at any time prior to the Termination Date under this Section.,
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Commitments to Lend. 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 prior to the Termination Date in amounts such Date; provided that the aggregate principal amount of Committed Loans by 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 an aggregate principal amount of $25,000,000 10,000,000 or any larger multiple of $5,000,000 1,000,000 (except that any such Borrowing may be in the aggregate amount available in accordance with Section 3.02(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, repay, repay or (to the extent permitted by Section 2.11, 2.09) prepay Loans loans made under this Section and reborrow at any time prior to the Termination Date under this Section.
Appears in 1 contract
Samples: Credit Agreement (Polaroid Corp)
Commitments to Lend. 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 on and alter the Effective Date and prior to the Termination Date in amounts such that the aggregate principal amount of Committed Loans by such Bank at any one time outstanding shall not exceed the amount of its Commitment. Each Borrowing under this Section shall be in an aggregate principal amount of $25,000,000 50,000,000 or any larger multiple of $5,000,000 (except that any such Borrowing may be in the aggregate amount available in accordance with Section 3.02(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, repay, or prepay Loans to the extent permitted by Section 2.112.10, prepay Loans and reborrow at any time prior to the Termination Date under this SectionDate.
Appears in 1 contract
Samples: Credit Agreement (Cit Group Inc)
Commitments to Lend. 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 prior to the Termination Date in amounts such that the aggregate principal amount of Committed Loans by such Bank at any one time outstanding shall not exceed the amount of its Commitment. Each Borrowing under this Section shall be in an aggregate principal amount of $25,000,000 5,000,000 or any larger multiple of $5,000,000 1,000,000 (except that any such Borrowing may be in the aggregate amount available in accordance with Section 3.02(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, repayrepay or, or to the extent permitted by Section 2.11, prepay Loans and reborrow at any time prior to the Termination Date under this SectionSection 2.01.
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