Committed Revolving Loans. Subject to the terms and conditions set forth herein, each Revolving Lender severally agrees to make revolving loans (each such loan, a “Committed Revolving Loan”) to the Borrower in Dollars 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 Revolving Lender’s Revolving Commitment; provided, however, that after giving effect to any Committed Revolving Borrowing, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments and the Total Outstandings shall not exceed the lesser of (A) the Facility Amount and (B) the Borrowing Base then in effect and after the Unsecured Conversion, less any Permitted Unsecured Debt, and (ii) the aggregate Outstanding Amount of the Revolving Committed Loans of any Revolving Lender, plus such Revolving Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Revolving Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Revolving Lender’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 2.01(a), prepay under Section 2.05, and reborrow under this Section 2.01(a). Committed Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein; provided, however, all Borrowings made on the Closing Date shall be made as Base Rate Loans.
Committed Revolving Loans. Each Lender severally agrees to make loans (each such loan, a “Committed Revolving Loan”) in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving Loan Commitment.
Committed Revolving Loans. Each Committed Revolving Loan advance, each payment or prepayment of principal of any Committed Revolving Loan, each payment of interest on the Committed Revolving Loans, each payment of the Commitment Fee, each reduction of the Revolving Committed Amount, and each conversion or continuation of any Committed Revolving Loan, shall be allocated pro rata among the relevant Lenders in accordance with the respective applicable Revolving Committed Amounts (or, if the Commitments of such Lenders have expired or been terminated, in accordance with the respective principal amounts of the outstanding Loans and Participation Interests of such Lenders).
Committed Revolving Loans. Each Committed Revolving Loan (including without limitation each Mandatory Borrowing), each payment or prepayment of principal of any Committed Revolving Loan, each payment of interest on the Committed Revolving Loans, each payment of Commitment Fees or Letter of Credit Fees (except for the portion retained by the Issuing Bank for its own account), each reduction of the Revolving Committed Amount, and each conversion or continuation of any Committed Revolving Loan, shall be allocated pro rata among the relevant Banks in accordance with the respective applicable Revolving Loan Commitments (or, if the Commitments of such Banks have expired or been terminated, in accordance with the principal amounts of the outstanding Committed Revolving Loans and Participation Interests of such Banks); and
Committed Revolving Loans. 21 2.2 [Intentionally Left Blank]................................................24 2.3 [Intentionally Left Blank]................................................25 2.4 Competitive Loan Subfacility..............................................25 2.5 Amortization of Loans Outstanding at the Termination Date.................27
Committed Revolving Loans. The Borrower may prepay, without premium or penalty but subject to Section 3.6, in whole or in part (but, if in part, then: (i) if such Borrowing is of Domestic Rate Loans, in an amount not less than $500,000, (ii) if such Borrowing is of Eurocurrency Loans denominated in U.S. Dollars, in an amount not less than $1,000,000, (iii) if such Borrowing is denominated in an Alternative Currency, an amount for which the U.S. Dollar Equivalent is not less than $1,000,000 and (iv) in an amount such that the minimum amount required for a Borrowing of Committed Revolving Loans pursuant to Section 1.4 hereof remains outstanding, any Borrowing of Eurocurrency Loans, upon three Business Days' prior notice to the Agent or, in the case of a Borrowing of Domestic Rate Loans, notice delivered to the Agent no later than 11 a.m. (Milwaukee time) on the date of prepayment. Such prepayment of Domestic Rate or Eurocurrency Loans, as the case may be, shall be made by the payment of the principal amount to be prepaid and accrued interest thereon to the date fixed for prepayment plus, in the case of a prepayment of Eurocurrency Loans on a date prior to the last day of the applicable Interest Period, any amount payable under Section 3.6. The Agent will promptly advise each Bank of any such prepayment notice with respect to Committed Revolving Loans it receives from the Borrower. Any amount paid or prepaid on the Committed Revolving Loans before the Revolving Credit Termination Date may, subject to the terms and conditions of this Agreement, be borrowed, repaid and borrowed again.
Committed Revolving Loans. 22 2.2 Letter of Credit Subfacility.....................................26 2.3 Swingline Loan Subfacility.......................................30 2.4
Committed Revolving Loans. During the Revolving Credit Period each Bank severally agrees, on the terms and conditions set forth in this Agreement, to make revolving loans in one or more Agreement Currencies to the Borrowers pursuant to this Section 2.1(a) from time to time in amounts such that the Committed Revolving Credit Exposure of such Bank shall not exceed the amount of its Revolving Commitment. Each Borrowing under this Section 2.1(a) shall be in an aggregate principal amount of (a) $10,000,000 or any larger multiple of $1,000,000, or (b) if such Borrowing is denominated in a currency other than Dollars, the Dollar Equivalent amount of the amount determined under clause (a) (except that any such Borrowing may be in the aggregate amount available in accordance with Section 3.2(c)) and shall be made from the several Banks ratably in proportion to their respective Revolving Commitments. Within the foregoing limits, the Borrowers may borrow under this Section 2.1(a), repay, or to the extent permitted by Section 2.11, prepay Committed Revolving Loans and reborrow at any time during the Revolving Credit Period under this Section 2.1(a).
Committed Revolving Loans. Subject to the terms and conditions set forth herein, the Lender agrees to make revolving loans (each such loan, a “Committed Revolving Loan”) 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 the Commitment provided, however, that after giving effect to any Borrowing, the Total Outstandings shall not exceed the Commitment. Within the limits of the Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay under Section 2.05, and reborrow under this Section 2.01. Committed Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.
Committed Revolving Loans
