Domestic Syndicated Loans Sample Clauses

Domestic Syndicated Loans. (a) Subject to and upon the terms and conditions herein set forth (including the limitation set forth in Section 2.01), each Lender severally agrees to make to the Borrower, from time to time prior to the Maturity Date, Domestic Syndicated Loans; provided, however, that, after giving effect to any amounts requested, in no event may the aggregate principal amount of all outstanding Domestic Syndicated Loans made by such Lender exceed (i) such Lender’s Domestic Syndicated Loan Commitment, minus (ii) such Lender’s Pro Rata Share of all outstanding Domestic Settlement Loans, minus (iii) such Lender’s Pro Rata Share of all Aggregate Domestic L/C Outstandings. The Borrower shall be entitled to repay and reborrow Domestic Syndicated Loans in accordance with the provisions, and subject to the limitations, set forth herein (including the limitation set forth in Section 2.01).
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Domestic Syndicated Loans. (a) Subject to and upon the terms and conditions herein set forth (including the limitation set forth in Section 2.01), each Domestic Syndicated Lender severally agrees to make to Interface, from time to time prior to the Maturity Date, Domestic Syndicated Loans in an aggregate principal amount outstanding at any time not to exceed an amount equal to (i) such Domestic Syndicated Lender's Domestic Syndicated Loan Commitment, MINUS (ii) such Domestic Syndicated Lender's Domestic L/C Exposure. Interface shall be entitled to repay and reborrow Domestic Syndicated Loans in accordance with the provisions, and subject to the limitations, set forth herein (including the limitation set forth in Section 2.01).
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Domestic Syndicated Loans. 22 SECTION 2.03.
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Domestic Syndicated Loans. (a) Subject to and upon the terms and conditions herein set forth (including the limitation set forth in Section 2.01), each Lender severally agrees to make to Borrower, from time to time prior to the Revolver/Multicurrency Maturity Date, Domestic Syndicated Loans in an aggregate principal amount outstanding at any time not to exceed an amount equal to (i) such Lender's Master Syndicated Loan Commitment, MINUS (ii) the Dollar Equivalent of such Lender's Multicurrency Syndicated Loans. Borrower shall be entitled to repay and reborrow Domestic Syndicated Loans in accordance with the provisions, and subject to the limitations, set forth herein (including the limitation set forth in Section 2.01).
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Domestic Syndicated Loans. . .38 Section 2.03. Reductions of Domestic Syndicated Loan Commitments and Mandatory Repayments.... 41 Section 2.04. [Intentionally Omitted]........................................................ 42 Section 2.05. Domestic Swing Line Loans..... .43 Section 2.06. [Intentionally Omitted]. .44 Section 2.07.
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Domestic Syndicated Loans. (a) Subject to and upon the terms and conditions herein set forth (including the limitation set forth in Section 2.01), each Lender severally agrees to make to Interface, from time to time prior to the Maturity Date, Domestic Syndicated Loans; provided, however, that, based upon the Dollar Equivalent of all outstanding Extensions of Credit, in no event may the aggregate principal amount of all outstanding Domestic Syndicated Loans made by such Lender (after giving effect to any amount requested) exceed (i) such Lender's Domestic Syndicated Loan Commitment, minus (ii) such Lender's Pro Rata Share of all outstanding Domestic Swing Line Loans, minus (iii) such Lender's Pro Rata Share of all Aggregate Domestic L/C Outstandings minus (iv) such Lender's Pro Rata Share of all outstanding Multicurrency Syndicated Loans, minus (v) such Lender's Pro Rata Share of all Aggregate Multicurrency L/C Outstandings. Interface shall be entitled to repay and reborrow Domestic Syndicated Loans in accordance with the provisions, and subject to the limitations, set forth herein (including the limitation set forth in Section 2.01).
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Domestic Syndicated Loans. (a) Subject to and upon the terms and conditions herein set forth (including the limitation set forth in Section 2.01), each Lender severally agrees to make to each of the Domestic Borrower and the Additional Domestic Borrower, from time to time prior to the Maturity Date, Domestic Syndicated Loans; PROVIDED, HOWEVER, that, based upon the Dollar Equivalent of all outstanding Extensions of Credit and after giving effect to any amounts requested, in no event may the aggregate principal amount of all outstanding Domestic Syndicated Loans made by such Lender exceed (i) such Lender's Domestic Syndicated Loan Commitment, minus (ii) such Lender's Pro Rata Share of all outstanding Domestic Settlement Loans, minus (iii) such Lender's Pro Rata Share of all Aggregate Domestic L/C Outstandings minus (iv) such Lender's Pro Rata Share of all outstanding UK Multicurrency Swing Line Loans, minus (v) such Lender's Pro Rata Share of all UK Multicurrency Syndicated Loans, minus (vi) such Lender's Pro Rata Share of all Aggregate UK Multicurrency L/C Outstandings. The Domestic Borrower and the Additional Domestic Borrower, as applicable, shall be entitled to repay and reborrow Domestic Syndicated Loans in accordance with the provisions, and subject to the limitations, set forth herein (including the limitation set forth in Section 2.01); and PROVIDED, FURTHER, that, in no event may the aggregate amount of Domestic Revolving Loans which have been made to the Additional Domestic Borrower exceed $10,000,000, LESS the amount of any Aggregate Domestic L/C Outstandings which are attributable or allocable to any Domestic Letter of Credit with respect to which the Additional Domestic Borrower is the L/C Account Party.
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Related to Domestic Syndicated Loans

  • Syndicated Loans Each Bank severally agrees, on the terms and conditions set forth herein, to make Syndicated Loans to the Borrower from time to time before the Termination Date; provided that,

  • Procedure for Advances of Revolving Credit Loans and Swingline Loans Section 2.4 Repayment and Prepayment of Revolving Credit and Swingline Loans

  • Procedure for Borrowing Swingline Loans The Borrower shall give the Agent and the Swingline Lender notice pursuant to a Notice of Swingline Borrowing or telephonic notice of each borrowing of a Swingline Loan. Each Notice of Swingline Borrowing shall be delivered to the Swingline Lender no later than 3:00 p.m. on the proposed date of such borrowing. Any such notice given telephonically shall include all information to be specified in a written Notice of Swingline Borrowing and shall be promptly confirmed in writing by the Borrower pursuant to a Notice of Swingline Borrowing sent to the Swingline Lender by telecopy on the same day of the giving of such telephonic notice. On the date of the requested Swingline Loan and subject to satisfaction of the applicable conditions set forth in Article V. for such borrowing, the Swingline Lender will make the proceeds of such Swingline Loan available to the Borrower in Dollars, in immediately available funds, at the account specified by the Borrower in the Notice of Swingline Borrowing not later than 4:00 p.m. on such date.

  • Revolving Borrowings Subject to the terms and conditions set forth herein, each Revolving Lender severally agrees to make loans (each such loan, a “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 Lender’s Revolving Commitment; provided, however, that after giving effect to any Revolving Borrowing, (i) the Total Revolving Outstandings shall not exceed the Revolving Facility, and (ii) the Revolving Exposure of any Lender 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 Revolving Loans, prepay under Section 2.05, and reborrow under this Section 2.01(b). Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein; provided, however, any Revolving Borrowings made on the Closing Date or any of the three (3) Business Days following the Closing Date shall be made as Base Rate Loans unless the Borrower delivers a Funding Indemnity Letter not less than three (3) Business Days prior to the date of such Revolving Borrowing.

  • Requests for Syndicated Borrowings To request a Syndicated Borrowing, the relevant Borrower shall notify the Administrative Agent of such request by telephone (a) in the case of a Syndicated Eurodollar Borrowing, not later than 11:00 a.m., New York City time, three Business Days before the date of the proposed Borrowing or (b) in the case of an ABR Borrowing, not later than 11:00 a.m., New York City time, one Business Day before the date of the proposed Borrowing. Each such telephonic Borrowing Request shall be irrevocable and shall be confirmed promptly by hand delivery or telecopy to the Administrative Agent of a written Borrowing Request in a form approved by the Administrative Agent and signed by the relevant Borrower. Each such telephonic and written Borrowing Request shall specify the following information in compliance with Section 2.02:

  • Borrowing Mechanics for Revolving Loans (i) Except pursuant to Section 2.4(d), Revolving Loans that are Base Rate Loans shall be made in an aggregate minimum amount of $5,000,000 and integral multiples of $1,000,000 in excess of that amount, Revolving Loans that are Eurodollar Rate Loans shall be in an aggregate minimum amount of $5,000,000 and integral multiples of $1,000,000 in excess of that amount.

  • Pro Rata Borrowings All Borrowings of Loans under this Agreement shall be incurred from the Lenders pro rata on the basis of their Commitments. It is understood that no Lender shall be responsible for any default by any other Lender of its obligation to make Loans hereunder and that each Lender shall be obligated to make the Loans provided to be made by it hereunder, regardless of the failure of any other Lender to make its Loans hereunder.

  • Revolving Loan Borrowings (i) Each Borrowing of Revolving Loans shall be made on notice given by a Borrower to the Revolving and LC Administrative Agent not later than 11:00 a.m. (New York time) (A) on the Business Day of the proposed Borrowing, in the case of a Borrowing of Base Rate Loans and (B) three Business Days prior to the date of the proposed Borrowing, in the case of a Borrowing of Eurodollar Rate Loans. Each such notice shall be in substantially the form of Exhibit C-2 (a “Notice of Revolving Borrowing”) (or shall be made by telephone and the same information shall be confirmed promptly thereafter in writing), specifying (1) the date of such proposed Borrowing, (2) the aggregate amount of such proposed Borrowing, (3) whether any portion of the proposed Borrowing will be of Base Rate Loans or Eurodollar Rate Loans, (4) the initial Interest Period or Interest Periods for any such Eurodollar Rate Loans, and (5) remittance instructions. The Revolving Loans shall be made as Base Rate Loans unless, subject to Section 2.17, the Notice of Revolving Borrowing specifies that all or a portion thereof shall be Eurodollar Rate Loans. Each Borrowing of Revolving Loans shall be in an aggregate amount that is an integral multiple of $1,000,000.00 (or $500,000.00 with respect to Swing Loans) and shall be allocated ratably in accordance with each Revolving Lender’s Revolving Commitment.

  • Borrowings to Repay Swing Loans PNC may, at its option, exercisable at any time for any reason whatsoever, demand repayment of the Swing Loans, and each Lender shall make a Revolving Credit Loan in an amount equal to such Lender’s Ratable Share of the aggregate principal amount of the outstanding Swing Loans, plus, if PNC so requests, accrued interest thereon, provided that no Lender shall be obligated in any event to make Revolving Credit Loans in excess of its Revolving Credit Commitment minus its Ratable Share of Letter of Credit Obligations. Revolving Credit Loans made pursuant to the preceding sentence shall bear interest at the Base Rate Option and shall be deemed to have been properly requested in accordance with Section 2.5.1 [Revolving Credit Loan Requests] without regard to any of the requirements of that provision. PNC shall provide notice to the Lenders (which may be telephonic or written notice by letter, facsimile or telex) that such Revolving Credit Loans are to be made under this Section 2.6.5 and of the apportionment among the Lenders, and the Lenders shall be unconditionally obligated to fund such Revolving Credit Loans (whether or not the conditions specified in Section 2.5.1 [Revolving Credit Loan Requests] are then satisfied) by the time PNC so requests, which shall not be earlier than 3:00 p.m. on the Business Day next after the date the Lenders receive such notice from PNC.

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