Common use of Description of Facilities Clause in Contracts

Description of Facilities. Upon the terms and subject to the conditions set forth in this Agreement: (a) the Revolving A Lenders hereby grant to the Revolving A Borrowers a five-year revolving credit facility (the “Revolving A Credit Facility”) pursuant to which each Revolving A Lender severally agrees to make revolving credit loans (the “Revolving A Credit Loans”), from time to time during the Revolving Availability Period, to each Revolving A Borrower in Dollars, Euros, Sterling or any Revolving A Optional Currency, in each case in an aggregate principal amount at any time outstanding that will not result in: (1) the Aggregate Revolving A Credit Exposure exceeding the Aggregate Revolving A Commitment; or (2) such Lender’s Revolving A Credit Exposure exceeding its Revolving A Commitment. Each Revolving A Credit Loan made by a Revolving A Lender shall be in a principal amount equal to such Lender’s Revolving A Ratable Share of the aggregate principal amount of Revolving A Credit Loans requested on such occasion; and (b) the Revolving B Lenders hereby grant to the Revolving B Borrowers a five-year revolving credit facility (the “Revolving B Credit Facility”) pursuant to which each Revolving B Lender severally agrees to make revolving credit loans (the “Revolving B Credit Loans”), from time to time during the Revolving Availability Period, to each Revolving B Borrower in Dollars, Euros, Sterling or any Revolving B Optional Currency, in each case in an aggregate principal amount at any time outstanding that will not result in (1) the Aggregate Revolving B Credit Exposure exceeding the Aggregate Revolving B Commitment; or (2) such Lender’s Revolving B Credit Exposure exceeding its Revolving B Commitment. Each Revolving B Credit Loan made by a Revolving B Lender shall be in a principal amount equal to such Lender’s Revolving B Ratable Share of the aggregate principal amount of Revolving B Credit Loans requested on such occasion.

Description of Facilities. Upon the terms and subject to the conditions set forth in this Agreement: (ai) the Revolving A Lenders hereby grant to the Revolving A Unrestricted Borrowers a fivemulti-year revolving credit facility (the “"Revolving A Credit Facility”") pursuant to which each Revolving A Lender severally agrees to make revolving credit loans (the “"Revolving A Credit Loans”), from time ") to time during such Unrestricted Borrowers in Dollars or in any Optional Currency and (ii) the Revolving Availability Period, to parties hereto agree that each Revolving A Borrower Lender may, in Dollarsits sole discretion, Eurosmake Dollar Competitive Bids or Foreign Currency Competitive Bids to make Dollar Competitive Bid Loans and Foreign Currency Competitive Bid Loans, Sterling or any Revolving A Optional Currencyas the case may be, to the Unrestricted Borrowers in accordance with Section 2.4.1 and Section 2.4.2, as applicable; provided, in each case in an aggregate principal amount at any time outstanding that will not result in: case, that: (1) the Aggregate aggregate principal amount of all outstanding Revolving A Credit Exposure exceeding Loans (after giving effect to any amount requested) shall not exceed the Aggregate Revolving A CommitmentCommitment minus all outstanding Revolving A L/C Obligations; or (2) such Lender’s the sum of the aggregate principal amount of outstanding Revolving A Credit Exposure exceeding its Loans made by any Revolving A Lender and such Lender's share of Revolving A L/C Obligations shall not at any time exceed such Lender's Revolving A Commitment; (3) the Outstanding Revolving Credit Exposure together with the Dollar Equivalent of the aggregate principal amount of all outstanding Competitive Bid Loans shall not exceed the Aggregate Commitment and (4) the Outstanding Foreign Currency Credit Exposure shall not exceed $150,000,000. Each Revolving A Credit Loan made by a Revolving A Lender under the Revolving A Credit Facility shall be in a principal amount equal to such Lender’s 's Revolving A Ratable Share Commitment Percentage of the aggregate principal amount of Revolving A Credit Loans requested under such facility on such occasion; and. (bi) the Revolving B Lenders hereby grant to the Revolving B Borrowers Parent Borrower and the Domestic Subsidiary Borrower a fivemulti-year revolving credit facility (the “"Revolving B Credit Facility”") pursuant to which each Revolving B Lender severally agrees to make revolving credit loans (the “"Revolving B Credit Loans”), from time ") to time during the Revolving Availability Period, to Parent Borrower and the Domestic Subsidiary Borrower in Dollars in accordance with Section 2.2 and (ii) the parties hereto agree that each Revolving B Borrower in Dollars, Euros, Sterling or any Revolving B Optional CurrencyLender may, in each its sole discretion, make Dollar Competitive Bids or Foreign Currency Competitive Bids to make Dollar Competitive Bid Loans and Foreign Currency Competitive Bid Loans, as the case may be, to the Unrestricted Borrowers in an aggregate principal amount at any time outstanding that will not result in accordance with Section 2.4.1 and Section 2.4.2, as applicable; (1) the Aggregate aggregate principal amount of all outstanding Revolving B Credit Exposure exceeding Loans (after giving effect to any amount requested) shall not exceed the Aggregate Revolving B CommitmentCommitment minus all outstanding Revolving X X/C Obligations; or (2) such Lender’s the sum of the aggregate principal amount of outstanding Revolving B Credit Exposure exceeding its Loans made by any Revolving B Lender and such Lender's share of Revolving X X/C Obligations shall not at any time exceed such Lender's Revolving B Commitment; and (3) the Outstanding Revolving Credit Exposure together with the Dollar Equivalent of the aggregate principal amount of all outstanding Competitive Bid Loans shall not exceed the Aggregate Commitment and (4) the Outstanding Foreign Currency Credit Exposure shall not exceed $150,000,000. Each Revolving B Credit Loan made by a Revolving B Lender under the Revolving B Credit Facility shall be in a principal amount equal to such Lender’s 's Revolving B Ratable Share Commitment Percentage of the aggregate principal amount of Revolving B Credit Loans requested under such facility on such occasion.

Description of Facilities. Upon the terms and subject to the conditions set forth in this Agreement: : (ai) the Revolving A Lenders hereby grant to the Revolving A Borrowers a fiveshort term revolving credit facility (the "364 Day Facility") and a multi-year revolving credit facility (the “Revolving A Credit "Five Year Facility”") pursuant to which each Revolving A Lender severally agrees to make revolving credit loans Revolving Credit Loans to the respective Borrowers in Dollars and Offshore Currencies in accordance with Section 2.2 and the Swingline Lender agrees to make Swingline Loans to the respective Borrowers in Dollars in accordance with Section 2.6 and (ii) the “Revolving A Credit Loans”)parties hereto agree that each Lender may, from time in its sole discretion, make bids to time during make Competitive Bid Loans to the Revolving Availability Period, to each Revolving A Borrower respective Borrowers in Dollars, Euros, Sterling Canadian Dollars or Australian Dollars in accordance with Section 2.5; provided that (A) the aggregate principal Dollar Equivalent amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) made under the 364 Day Facility shall not exceed the 364 Day Facility Commitment less the aggregate principal Dollar Equivalent amount of all outstanding Competitive Bid Loans made under the 364 Day Facility; and the principal Dollar Equivalent amount of outstanding Revolving A Optional Currency, in each case in an Credit Loans made under the 364 Day Facility by any Lender shall not at any time exceed such Lender's 364 Day Facility Commitment; and (B) the aggregate principal Dollar Equivalent amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) made under the Five Year Facility plus the aggregate principal amount of all outstanding Swingline Loans made under the Five Year Facility (after giving effect to the amount of any Swingline Loans requested under the Five Year Facility and exclusive of Swingline Loans made under the Five Year Facility which are repaid with the proceeds of, and simultaneously with the incurrence of, Revolving Credit Loans under the Five Year Facility) shall not exceed the Five Year Facility Commitment less the sum of (x) all outstanding L/C Obligations plus (y) the aggregate principal Dollar Equivalent amount of all outstanding Competitive Bid Loans made under the Five Year Facility; and the principal Dollar Equivalent amount of outstanding Revolving Credit Loans made under the Five Year Facility by any Lender shall not at any time outstanding that will not result in: (1) the Aggregate Revolving A Credit Exposure exceeding the Aggregate Revolving A Commitment; or (2) exceed such Lender’s Revolving A Credit Exposure exceeding its Revolving A 's Five Year Facility Commitment. Each Revolving A Credit Loan made by a Revolving A Lender under the 364 Day Facility or the Five Year Facility shall be in a principal Dollar Equivalent amount equal to such Lender’s Revolving A Ratable Share 's Commitment Percentage of the aggregate principal Dollar Equivalent amount of Revolving A Credit Loans requested on under such occasion; and (b) the Revolving B Lenders hereby grant to the Revolving B Borrowers a five-year revolving credit facility (the “Revolving B Credit Facility”) pursuant to which each Revolving B Lender severally agrees to make revolving credit loans (the “Revolving B Credit Loans”), from time to time during the Revolving Availability Period, to each Revolving B Borrower in Dollars, Euros, Sterling or any Revolving B Optional Currency, in each case in an aggregate principal amount at any time outstanding that will not result in (1) the Aggregate Revolving B Credit Exposure exceeding the Aggregate Revolving B Commitment; or (2) such Lender’s Revolving B Credit Exposure exceeding its Revolving B Commitment. Each Revolving B Credit Loan made by a Revolving B Lender shall be in a principal amount equal to such Lender’s Revolving B Ratable Share of the aggregate principal amount of Revolving B Credit Loans requested on such occasion.

Description of Facilities. Upon the terms and subject to the conditions set forth in this Agreement: (a) the Revolving A Lenders hereby grant to the Revolving A Borrowers a five-year revolving credit facility (the “"Revolving A Credit Facility”") pursuant to which each Revolving A Lender severally agrees to make revolving credit loans (the “"Revolving A Credit Loans”"), from time to time during the Revolving Availability Period, to each Revolving A Borrower in Dollars, Euros, Sterling or any Revolving A Optional CurrencyCurrency as set forth on Schedule 1.1(b), in each case in an aggregate principal amount at any time outstanding that will not result in: (1) the Aggregate Revolving A Credit Exposure exceeding the Aggregate Revolving A Commitment; or (2) such Lender’s 's Revolving A Credit Exposure exceeding its Revolving A Commitment. Each Revolving A Credit Loan made by a Revolving A Lender shall be in a principal amount equal to such Lender’s 's Revolving A Ratable Share of the aggregate principal amount of Revolving A Credit Loans requested on such occasion; and (b) the Revolving B Lenders hereby grant to the Revolving B Borrowers a five-year revolving credit facility (the “"Revolving B Credit Facility”") pursuant to which each Revolving B Lender severally agrees to make revolving credit loans (the “"Revolving B Credit Loans”"), from time to time during the Revolving Availability Period, to each Revolving B Borrower in Dollars, Euros, Sterling or any Revolving B Optional CurrencyCurrency as set forth on Schedule 1.1(b), in each case in an aggregate principal amount at any time outstanding that will not result in (1) the Aggregate Revolving B Credit Exposure exceeding the Aggregate Revolving B Commitment; or (2) such Lender’s 's Revolving B Credit Exposure exceeding its Revolving B Commitment. Each Revolving B Credit Loan made by a Revolving B Lender shall be in a principal amount equal to such Lender’s 's Revolving B Ratable Share of the aggregate principal amount of Revolving B Credit Loans requested on such occasion.

Description of Facilities. Upon the terms and subject to the conditions set forth in this Agreement: (a) the Revolving A Lenders hereby grant to the Revolving A Borrowers a five-year revolving credit facility (the “Revolving A Credit Facility”) pursuant to which each Revolving A Lender severally agrees to make revolving credit loans (the “Revolving A Credit Loans”), from time to time during the Revolving Availability Period, to each Revolving A Borrower in Dollars, Euros, Sterling or any Revolving A Optional CurrencyCurrency as set forth on Schedule 1.1(b), in each case in an aggregate principal amount at any time outstanding that will not result in: (1) the Aggregate Revolving A Credit Exposure exceeding the Aggregate Revolving A Commitment; or (2) such Lender’s Revolving A Credit Exposure exceeding its Revolving A Commitment. Each Revolving A Credit Loan made by a Revolving A Lender shall be in a principal amount equal to such Lender’s Revolving A Ratable Share of the aggregate principal amount of Revolving A Credit Loans requested on such occasion; and (b) the Revolving B Lenders hereby grant to the Revolving B Borrowers a five-year revolving credit facility (the “Revolving B Credit Facility”) pursuant to which each Revolving B Lender severally agrees to make revolving credit loans (the “Revolving B Credit Loans”), from time to time during the Revolving Availability Period, to each Revolving B Borrower in Dollars, Euros, Sterling or any Revolving B Optional CurrencyCurrency as set forth on Schedule 1.1(b), in each case in an aggregate principal amount at any time outstanding that will not result in (1) the Aggregate Revolving B Credit Exposure exceeding the Aggregate Revolving B Commitment; or (2) such Lender’s Revolving B Credit Exposure exceeding its Revolving B Commitment. Each Revolving B Credit Loan made by a Revolving B Lender shall be in a principal amount equal to such Lender’s Revolving B Ratable Share of the aggregate principal amount of Revolving B Credit Loans requested on such occasion.

Description of Facilities. Upon the terms and subject to the conditions set forth in this Agreement: (a) the Revolving A Lenders hereby grant to the Revolving A Borrowers a fivefour-year revolving credit facility (the “Revolving A Credit Facility”) pursuant to which each Revolving A Lender severally agrees to make revolving credit loans (the “Revolving A Credit Loans”), from time to time during the Revolving Availability Period, to each Revolving A Borrower in Dollars, Euros, Sterling or any Revolving A Optional Currency, in each case in an aggregate principal amount at any time outstanding that will not result in: (1) the Aggregate Revolving A Credit Exposure exceeding the Aggregate Revolving A Commitment; or (2) such Lender’s Revolving A Credit Exposure exceeding its Revolving A Commitment. Each Revolving A Credit Loan made by a Revolving A Lender shall be in a principal amount equal to such Lender’s Revolving A Ratable Share of the aggregate principal amount of Revolving A Credit Loans requested on such occasion; and (b) the Revolving B Lenders hereby grant to the Revolving B Borrowers a fivefour-year revolving credit facility (the “Revolving B Credit Facility”) pursuant to which each Revolving B Lender severally agrees to make revolving credit loans (the “Revolving B Credit Loans”), from time to time during the Revolving Availability Period, to each Revolving B Borrower in Dollars, Euros, Sterling or any Revolving B Optional Currency, in each case in an aggregate principal amount at any time outstanding that will not result in (1) the Aggregate Revolving B Credit Exposure exceeding the Aggregate Revolving B Commitment; or (2) such Lender’s Revolving B Credit Exposure exceeding its Revolving B Commitment. Each Revolving B Credit Loan made by a Revolving B Lender shall be in a principal amount equal to such Lender’s Revolving B Ratable Share of the aggregate principal amount of Revolving B Credit Loans requested on such occasion.

Description of Facilities. Upon the terms and subject to the ------------------------- conditions set forth in this Agreement: : (ai) the Revolving A Lenders hereby grant to the Revolving A Borrowers a fiveshort term revolving credit facility (the "364 Day Facility") and a --------------------- multi-year revolving credit facility (the “Revolving A Credit "Multi-Year Facility”") pursuant to ------------------------ which each Revolving A Lender severally agrees to make revolving credit loans Revolving Credit Loans to the respective Borrowers in (x) in the “Revolving A Credit Loans”)case of the 364 Day Facility, from time Dollars and (y) in the case of the Multi-Year Facility, Dollars and Offshore Currencies, each in accordance with Section 2.2, and the Swingline Lender agrees to time during make Swingline Loans to the Revolving Availability Period, to Company in Dollars in accordance with Section 2.6 and (ii) the parties hereto agree that each Revolving A Borrower in Dollars, Euros, Sterling or any Revolving A Optional CurrencyLender may, in each case its sole discretion, make bids to make Competitive Bid Loans to the respective Borrowers in an Dollars and Offshore Currencies, in accordance with Section 2.5; provided that (A) the aggregate -------- principal Dollar Equivalent amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) made under the 364 Day Facility shall not exceed the 364 Day Facility Commitment; and the principal Dollar Equivalent amount of outstanding Revolving Credit Loans made under the 364 Day Facility by any Lender shall not at any time outstanding that will not result in: exceed such Lender's 364 Day Facility Commitment; and (1B) the Aggregate aggregate principal Dollar Equivalent amount of all outstanding Revolving A Credit Exposure exceeding Loans (after giving effect to any amount requested) made under the Aggregate Multi-Year Facility plus the aggregate ---- principal amount of all outstanding Swingline Loans made under the Multi-Year Facility (after giving effect to the amount of any Swingline Loans requested under the Multi-Year Facility and exclusive of Swingline Loans made under the Multi-Year Facility which are repaid with the proceeds of, and simultaneously with the incurrence of, Revolving A CommitmentCredit Loans under the Multi-Year Facility) shall not exceed the Multi-Year Facility Commitment less the sum of (x) all ---- outstanding L/C Obligations plus (y) the aggregate principal Dollar Equivalent ---- amount of all outstanding Competitive Bid Loans made under the Multi-Year Facility; or (2) and the principal Dollar Equivalent amount of outstanding Revolving Credit Loans made under the Multi-Year Facility by any Lender plus such Lender’s Revolving A Credit Exposure exceeding 's ---- pro rata share of its Revolving A participation interests in all outstanding L/C Obligations and Swingline Loans shall not at any time exceed such Lender's Multi-Year Facility Commitment. Each Revolving A Credit Loan made by a Revolving A Lender under the 364 Day Facility or the Multi-Year Facility shall be in a principal Dollar Equivalent amount equal to such Lender’s Revolving A Ratable Share 's Commitment Percentage of the aggregate principal Dollar Equivalent amount of Revolving A Credit Loans requested on under such occasion; and (b) the Revolving B Lenders hereby grant to the Revolving B Borrowers a five-year revolving credit facility (the “Revolving B Credit Facility”) pursuant to which each Revolving B Lender severally agrees to make revolving credit loans (the “Revolving B Credit Loans”), from time to time during the Revolving Availability Period, to each Revolving B Borrower in Dollars, Euros, Sterling or any Revolving B Optional Currency, in each case in an aggregate principal amount at any time outstanding that will not result in (1) the Aggregate Revolving B Credit Exposure exceeding the Aggregate Revolving B Commitment; or (2) such Lender’s Revolving B Credit Exposure exceeding its Revolving B Commitment. Each Revolving B Credit Loan made by a Revolving B Lender shall be in a principal amount equal to such Lender’s Revolving B Ratable Share of the aggregate principal amount of Revolving B Credit Loans requested on such occasion.