Common use of Committed Loans Clause in Contracts

Committed Loans. Subject to the terms and conditions set forth herein, each Lender hereby severally agrees to make loans (each such loan, a “Committed Loan”) to the Borrower in Dollars or in one or more Alternative Currencies from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that after giving effect to any Committed Borrowing, (i) the Total Outstandings shall not exceed the Aggregate Commitments and (ii) the Revolving Credit Exposure of any Lender shall not exceed such Xxxxxx’s Commitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay under Section 2.06, and reborrow under this Section 2.01. Committed Loans may be Base Rate Loans, Term SOFR Loans, Alternative Currency Daily Rate Loans or Alternative Currency Term Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Revolving Credit Agreement (Mattel Inc /De/)

AutoNDA by SimpleDocs

Committed Loans. Subject to the terms and conditions set forth herein, each Lender hereby severally agrees to make loans (each such loan, a “Committed Loan”) to the Borrower Borrowers in Dollars or in one or more Alternative Currencies from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that after giving effect to any Committed Borrowing, (i) the Total Outstandings shall not exceed the Aggregate Commitments and (ii) the Revolving Credit Exposure of any Lender shall not exceed such XxxxxxLender’s Commitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01, prepay under Section 2.062.05, and reborrow under this Section 2.01. Committed Loans may be Base Rate Loans, Term SOFR Loans, Alternative Currency Daily Rate Loans or Alternative Currency Term Eurocurrency Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Cdi Corp)

Committed Loans. Subject to the terms and conditions set forth herein, each Lender hereby severally agrees to make loans (each such loan, a "Committed Loan") to the Borrower Borrowers in Dollars or in one or more Alternative Currencies from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s 's Commitment; provided, however, that after giving effect to any Committed Borrowing, (i) the Total Outstandings shall not exceed the Aggregate Commitments and (ii) the Revolving Credit Exposure of any Lender shall not exceed such Xxxxxx’s Lender's Commitment. Within the limits of each Lender’s 's Commitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01, prepay under Section 2.06, and reborrow under this Section 2.01. Committed Loans may be Base Rate Loans, Term SOFR Loans, Alternative Currency Daily Rate Loans or Alternative Currency Term Eurocurrency Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Revolving Credit Agreement (Hasbro Inc)

Committed Loans. Subject to the terms and conditions set forth herein, each Lender hereby severally agrees to make loans (each such loan, a “Committed Loan”) to the Borrower in Dollars or in one or more Alternative Currencies from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that after giving effect to any Committed Borrowing, (i) the Total Outstandings shall not exceed the Aggregate Commitments Commitments, and (ii) the Revolving Credit Exposure aggregate Outstanding Amount of the Committed Loans of any Lender shall not exceed Lender, plus such XxxxxxLender’s CommitmentPro Rata Share of the Outstanding Amount of all L/C Obligations. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay under Section 2.062.05, and reborrow under this Section 2.01. Committed Loans may be Base Rate Loans, Term SOFR Loans, Alternative Currency Daily Rate Committed Loans or Alternative Currency Term Eurodollar Rate Committed Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Planar Systems Inc)

Committed Loans. Subject to the terms and conditions set forth herein, each Lender hereby severally agrees to make loans (each such loan, a “Committed Loan”) to the Borrower in Dollars or in one or more Alternative Currencies from time to time, on any Business Day that is during the Availability Period and not during the Wind‑Down Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that after giving effect to any Committed Borrowing, (i) the Total Outstandings shall not exceed the Aggregate Commitments and (ii) the Revolving Credit Exposure of any Lender shall not exceed such XxxxxxLender’s Commitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay under Section 2.062.03, and reborrow under this Section 2.01. Committed Loans may be Base Rate Loans, Term SOFR Loans, Alternative Currency Daily Rate Loans or Alternative Currency Term Eurocurrency Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (American Capital, LTD)

Committed Loans. Subject to the terms and conditions set forth herein, each Lender hereby severally agrees to make loans (each such loan, a “Committed Loan”) to the Borrower in Dollars or in one or more Alternative Currencies to any Borrower from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such LenderXxxxxx’s Commitment; provided, however, that after giving effect to any Committed Borrowing, (i) the Total Outstandings shall not exceed the Aggregate Commitments Commitments, and (ii) the Revolving Credit Exposure of any Lender shall not exceed such Xxxxxx’s Commitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01, prepay under Section 2.062.05, and reborrow under this Section 2.01. Committed Loans may be Base Rate Loans, Term SOFR Daily Floating Rate Loans, Alternative Currency Daily Rate Loans or Alternative Currency Term Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Arthur J. Gallagher & Co.)

Committed Loans. Subject to the terms and conditions set forth herein, each Lender hereby severally agrees to make loans (each such loan, a “Committed Loan”) to the Borrower Borrowers in Dollars or in one or more Alternative Currencies Currencies, from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that after giving effect to any Committed Borrowing, (ia) the Total Outstandings shall not exceed the Aggregate Commitments and (iib) the Revolving Credit Exposure of any Lender shall not exceed such XxxxxxLender’s Commitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01, prepay under Section 2.062.05, and reborrow under this Section 2.01. Committed Loans may be Base Rate Loans, Term SOFR Loans, Alternative Currency Daily Rate Loans or Alternative Currency Term Eurocurrency Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Analog Devices Inc)

Committed Loans. Subject to the terms and conditions set forth herein, each Lender hereby severally agrees to make loans (each such loan, a “Committed Loan”) to the Borrower in Dollars or in one or more Alternative Currencies to the Borrower from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that after giving effect to any Committed Borrowing, (i) the Total Outstandings shall not exceed the Aggregate Commitments and (ii) the Revolving Credit Exposure of any Lender shall not exceed such XxxxxxLender’s Commitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay under Section 2.062.05, and reborrow under this Section 2.01. Committed Loans may be Base Rate Loans, Term SOFR Loans, Alternative Currency Daily Rate Loans or Alternative Currency Term Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Uber Technologies, Inc)

Committed Loans. Subject to the terms and conditions set forth herein, each Lender hereby severally agrees to make loans (each such loan, a “Committed Loan”) to the Borrower Borrowers in Dollars or in one or more Alternative Currencies Currencies, from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that after giving effect to any Committed Borrowing, (ia) the Total Outstandings shall not exceed the Aggregate Commitments and (iib) the Revolving Credit Exposure of any Lender shall not exceed such XxxxxxLender’s Commitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01, prepay under Section 2.062.05, and reborrow under this Section 2.01. Committed Loans may be Base Rate Loans, Term SOFR Eurocurrency Rate Loans, Alternative Currency Daily Rate Loans or Alternative Currency Term Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Analog Devices Inc)

Committed Loans. Subject to the terms and conditions set forth herein, each Lender hereby severally agrees to make loans denominated in Dollars (each such loan, a “Committed Loan”) to the Borrower in Dollars or in one or more Alternative Currencies from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment; provided, however, that after giving effect to any Committed Borrowing, (i) the Total Outstandings shall not exceed the Aggregate Commitments Revolving Credit Facility and (ii) the Revolving Credit Exposure of any Lender shall not exceed such XxxxxxLender’s Revolving Credit Commitment. Within the limits of each Lender’s Revolving Credit Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay under Section 2.062.07, and reborrow under this Section 2.01. Committed Loans may be Base Rate Loans, Term SOFR Loans, Alternative Currency Daily Rate Loans or Alternative Currency Term Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Paramount Group, Inc.)

Committed Loans. Subject to the terms and conditions set forth hereinherein (including Section 2.14), each Lender hereby severally agrees to make loans (each such loan, a “Committed Loan”) to the a Borrower in Dollars or in one or more Alternative Currencies from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that after giving effect to any Committed Borrowing, (i) the Total Outstandings shall not exceed the Aggregate Commitments Commitments, and (ii) the Revolving Credit Exposure aggregate Outstanding Amount of the Committed Loans of any Lender shall not exceed such XxxxxxLender’s Commitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the a Borrower may borrow under this Section 2.01, prepay under Section 2.062.03, and reborrow under this Section 2.01. Committed Loans may be Base Rate Loans, Term SOFR Loans, Alternative Currency Daily Rate Loans or Alternative Currency Term Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (CBOE Holdings, Inc.)

AutoNDA by SimpleDocs

Committed Loans. Subject to the terms and conditions set forth herein, each Lender hereby (acting through any of its branches or affiliates) severally agrees to make loans (each such loan, a “Committed Loan”) to the Borrower Borrowers in Dollars or in one or more Alternative Currencies from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such LenderXxxxxx’s Commitment; provided, however, that after giving effect to any Committed Borrowing, (i) the Total Outstandings shall not exceed the Dollar amount of the Aggregate Commitments Commitments, and (ii) the Revolving Credit Exposure of any Lender shall not exceed the Dollar amount of such XxxxxxLender’s Commitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01, prepay under Section 2.062.04, and reborrow under this Section 2.01. Committed Loans may be Base Rate Loans, Term SOFR Loans, Alternative Currency Sterling Daily Rate Loans or Alternative Currency Euro Term Rate Loans, Loans as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Cboe Global Markets, Inc.)

Committed Loans. Subject to the terms and conditions set forth herein, each Lender hereby severally agrees to make loans (each such loan, a “Committed Loan”) to the any Borrower in Dollars or in one or more Alternative Currencies from time to time, on any Business Day during the Availability PeriodPeriod applicable to such Lender, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that after giving effect to any Committed Borrowing, (i) the Total Outstandings shall not exceed the Aggregate Commitments Commitments, and (ii) the Revolving Credit Exposure of any Lender shall not exceed such XxxxxxLender’s Commitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the each Borrower may borrow under this Section 2.01, prepay its respective Committed Borrowings under Section 2.062.05, and reborrow under this Section 2.01. Committed Loans may be Base Rate Loans, Term SOFR Loans, Alternative Currency Daily Canadian Prime Rate Loans or Alternative Currency Term Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Lululemon Athletica Inc.)

Committed Loans. Subject to the terms and conditions set forth herein, each Revolving Lender hereby severally agrees to make loans in Dollars (each such loan, a “Committed Loan”) to the Borrower in Dollars or in one or more Alternative Currencies from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving Commitment; provided, however, that after giving effect to any Committed Borrowing, (i) the Total Revolving Outstandings shall not exceed the Aggregate Commitments Revolving Credit Facility and (ii) the Revolving Credit Exposure of any each Revolving Lender shall not exceed such XxxxxxLender’s Revolving Commitment. Within the limits of each Revolving Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.012.01(a), prepay under Section 2.062.05, and reborrow under this Section 2.012.01(a). Committed Loans may be Base Rate Loans, Term SOFR Loans, Alternative Currency Daily Rate Loans or Alternative Currency Term Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Entercom Communications Corp)

Committed Loans. Subject to the terms and conditions set forth herein, each Lender hereby severally agrees to make loans in Dollars (each such loan, a “Committed Revolving Loan”) to the Borrower in Dollars or in one or more Alternative Currencies from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving Commitment; provided, however, that after giving effect to any Committed BorrowingBorrowing of Revolving Loans, (i) the Total Revolving Outstandings shall not exceed the Aggregate Commitments Revolving Commitments, and (ii) the Revolving Credit Exposure of any Lender shall not exceed such XxxxxxLender’s Revolving Commitment. Within the limits of each Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay under Section 2.062.05, and reborrow under this Section 2.01. Committed Revolving Loans may be Base Rate Loans, Term SOFR Loans, Alternative Currency Daily Rate Loans or Alternative Currency Term Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Mosaic Co)

Committed Loans. Subject to the terms and conditions set forth herein, each Lender hereby severally agrees to make loans (each such loan, a “Committed Loan”) to the any Borrower in Dollars or in one or more Alternative Currencies from time to time, on any Business Day during the Availability PeriodPeriod applicable to such Lender, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that after giving effect to any Committed Borrowing, (i) the Total Outstandings shall not exceed the Aggregate Commitments Commitments, and (ii) the Revolving Credit Exposure of any Lender shall not exceed such XxxxxxLender’s Commitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the each Borrower may borrow under this Section 2.01, prepay under Section 2.06, and reborrow under this Section 2.01. Committed Loans may be Base Rate Loans, Term SOFR Loans, Alternative Currency Daily Rate Loans or Alternative Currency Term Rate Loans, as further provided herein.its respective

Appears in 1 contract

Samples: Credit Agreement (Lululemon Athletica Inc.)

Committed Loans. Subject to the terms and conditions set forth herein, each Lender hereby severally agrees to make loans (each such loan, a “Committed Loan”) to the Borrower Borrowers in Dollars or in one or more Alternative Currencies Currencies, from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such LenderXxxxxx’s Commitment; provided, however, that after giving effect to any Committed Borrowing, (ia) the Total Outstandings shall not exceed the Aggregate Commitments and (iib) the Revolving Credit Exposure of any Lender shall not exceed such Xxxxxx’s Commitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01, prepay under Section 2.062.05, and reborrow under this Section 2.01. Committed Loans may be Base Rate Loans, Term Eurocurrency RateTerm SOFR Loans, Alternative Currency Daily Rate Loans or Alternative Currency Term Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Analog Devices Inc)

Committed Loans. (a) Subject to the terms and conditions set forth herein, each Lender hereby severally agrees to make loans (each such loan, a “Committed Loan”) to the Borrower Borrowers in Dollars or in one or more Alternative Currencies from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that after giving effect to any Committed Borrowing, (i) the Total Outstandings shall not exceed the Aggregate Commitments and (ii) the Revolving Credit Exposure of any Lender shall not exceed such XxxxxxLender’s Commitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01, prepay under Section 2.06, and reborrow under this Section 2.01. Committed Loans may be Base Rate Loans, Term SOFR Loans, Alternative Currency Daily Benchmark Rate Loans or Alternative Currency Term Benchmark Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Revolving Credit Agreement (Hasbro, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!