Establishment of the Credit Facilities. On the Closing Date, and subject to and upon the terms and conditions set forth in this Agreement and the other Transaction Documents, the Administrative Agent and the Lenders agree to establish the credit facility set forth in this Agreement for the benefit of the Borrower.
Establishment of the Credit Facilities. On the Closing Date, and subject to and upon the terms and conditions set forth in this Agreement and the other Loan Documents, the Administrative Agent, the Lenders and each LC Issuer agree to establish the Credit Facilities for the benefit of the Borrowers; provided, however, that at no time will the Credit Facility Exposure of any Lender exceed the aggregate amount of such Lender’s Commitment.
Establishment of the Credit Facilities. On the Closing Date, and subject to and upon the terms and conditions set forth in this Agreement and the other Loan Documents, the Administrative Agent, the Lenders, the Swing Line Lender and each LC Issuer agree to establish the Credit Facilities for the benefit of the Borrower; provided, however, that at no time will (i) the Aggregate Credit Facilities Exposure exceed the Total Credit Facilities Amount, (ii) the Credit Facilities Exposure of any Lender exceed the aggregate amount of such Lender’s Commitment or (iii) the Aggregate Revolving Facility Exposure exceed the Total Revolving Commitment.
Establishment of the Credit Facilities. (i) On the Closing Date, and subject to and upon the terms and conditions set forth in this Agreement and the other Loan Documents, the Global Agent, the Revolver Agent, the Lenders, the Swing Line Lender and each LC Issuer agree to establish the Credit Facilities for the benefit of the Borrowers pursuant to which (a) subject to Section 2.04, the Term Lenders shall make Term Loans to the Company pursuant to the Term Commitment of each such Lender, (b) subject to Section 2.02, the Revolving Lenders shall make Revolving Loans to the Borrowers, and shall participate in Revolving Facility LC Issuances, under the Revolving Facility pursuant to the Revolving Commitment of each such Lender, (c) the Canadian Lenders shall make Canadian Revolving Loans to the Canadian Borrowers, and shall participate in Canadian LC Issuances, under the Canadian Sub-Facility pursuant to the Canadian Commitment, and (d) the Swing Line Lender shall make Swing Loans to the Company under the Swing Line Facility pursuant to the Swing Line Commitment; provided, however that at no time will (i) the Aggregate Revolving/Canadian Facility Exposure exceed the Maximum Revolving/Canadian Facility Amount, (ii) the Revolving Facility Exposure of any Lender exceed the aggregate amount of such Lender’s Revolving Commitment, (iii) for any Lender which is also a Canadian Lender, the sum of such Lender’s Revolving Facility Exposure and Canadian Sub-Facility Exposure exceed such Lender’s Revolving Commitment, or (iv) for any Lender which is also the Swing Line Lender, such Lender’s Revolving Facility Exposure exceed such Lender’s Revolving Commitment. All such Loans shall be made, and such Letters of Credit shall be issued, as set forth in this Article II.
Establishment of the Credit Facilities. Section 2.1(a) of the Credit Agreement is hereby amended as follows:
(i) in Section 2.1(a) the reference to “U.S.$575,000,000” is deleted and replaced by “U.S.$400,000,000; and
(ii) in Section 2.1(a)(i) the reference to “U.S.$287,500,000” is deleted and replaced by “U.S.$200,000,000”
