Common use of Extension of Credit Clause in Contracts

Extension of Credit. Subject to the terms and conditions of, and in reliance upon the representations and warranties made in, this Agreement and the other Loan Documents, the Lenders agree, severally in accordance with their respective Revolving Commitment Ratios, and not jointly, to extend credit to the Borrowers in an aggregate principal amount not to exceed the Revolving Loan Commitment.

Appears in 5 contracts

Samples: Credit Agreement (Chicos Fas Inc), Credit Agreement (American Fiber Systems, Inc.), Credit Agreement (Chicos Fas Inc)

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Extension of Credit. Subject to the terms and conditions of, and in reliance upon the representations and warranties made in, in this Agreement and the other Loan Documents, the Lenders agreeeach Lender agrees, severally in accordance with their respective Revolving Commitment Ratios, and not jointlyjointly with the other Lenders, to extend credit to the Borrowers in an aggregate principal amount not to exceed the its Revolving Loan Commitment.

Appears in 4 contracts

Samples: Credit Agreement (Haverty Furniture Companies Inc), Credit Agreement (Haverty Furniture Companies Inc), Credit Agreement (Haverty Furniture Companies Inc)

Extension of Credit. Subject to the terms and conditions of, and in reliance upon the representations and warranties made in, this Agreement and the other Loan Documents, the Lenders have extended and agree, severally in accordance with their respective Revolving Commitment Ratios, and not jointly, to extend credit to the Borrowers in an aggregate principal amount not to exceed the Revolving Loan Commitment$175,000,000.

Appears in 3 contracts

Samples: Credit Agreement (Oxford Industries Inc), Credit Agreement (Oxford Industries Inc), Credit Agreement (Oxford Industries Inc)

Extension of Credit. Subject to the terms and conditions of, and in reliance upon the representations and warranties made in, this Agreement and the other Loan Documents, the Lenders have extended and agree, severally in accordance with their respective Revolving Commitment Ratios, and not jointly, to extend credit to the Borrowers in an aggregate principal amount not to exceed the Revolving Loan Commitment$325,000,000.

Appears in 3 contracts

Samples: Second Amendment to Fourth Amended and Restated Credit Agreement (Oxford Industries Inc), Credit Agreement (Oxford Industries Inc), Credit Agreement (Oxford Industries Inc)

Extension of Credit. Subject to the terms and conditions of, and in reliance upon the representations and warranties made in, in this Agreement and the other Loan Documents, the Lenders Banks agree, severally in accordance with their respective Revolving Commitment Ratios, and not jointly, to extend credit to the Borrowers Borrower in an aggregate principal amount not to exceed $775,000,000 and the Revolving Loan Commitment.Issuing Bank agrees to issue Letters of Credit on behalf of the Borrower in an aggregate face amount not to exceed $50,000,000, all as provided below:

Appears in 2 contracts

Samples: Loan Agreement (Horton D R Inc /De/), Master Loan and Inter Creditor Agreement (Horton D R Inc /De/)

Extension of Credit. Subject to the terms and conditions of, and in reliance upon the representations and warranties made in, this Agreement and the other Loan Documents, the Lenders agree, severally in accordance with their respective Revolving Commitment Ratios, and not jointly, to extend credit to the Borrowers in an aggregate principal amount not to exceed the Revolving Loan Aggregate Commitment.

Appears in 2 contracts

Samples: Credit Agreement (Affinity Guest Services, LLC), Credit Agreement (Affinity Group Holding, Inc.)

Extension of Credit. Subject to the terms and conditions of, ------------------- and in reliance upon the representations and warranties made in, this Agreement and the other Loan Documents, the Lenders have extended and agree, severally in accordance with their respective Revolving Commitment Ratios, Ratios and not jointly, to extend credit to the Borrowers in an aggregate principal amount not to exceed ONE HUNDRED FIFTY MILLION DOLLARS ($150,000,000) to the Revolving Loan CommitmentBorrower, as hereinafter provided.

Appears in 1 contract

Samples: Credit Agreement (Zenith Electronics Corp)

Extension of Credit. Subject to the terms and conditions of, and in reliance upon the representations and warranties made in, this Agreement and the other Loan Documents, the Lenders have extended and agree, severally in accordance with their respective Revolving Commitment Ratios and Term Commitment Ratios, and not jointly, to extend credit to the Borrowers in an aggregate principal amount not to exceed the Revolving Loan Commitment$93,931,695.

Appears in 1 contract

Samples: Credit Agreement (Bull Run Corp)

Extension of Credit. Subject to the terms and conditions of, and in reliance upon the representations and warranties made in, in this Agreement and the other Loan Documents, the Lenders Banks agree, severally in accordance with their respective Revolving Commitment Ratios, and not jointly, to extend credit to the Borrowers Borrower in an aggregate principal amount not to exceed $600,000,000 and the Revolving Loan Commitment.Issuing Bank agrees to issue Letters of Credit on behalf of the Borrower in an aggregate face amount not to exceed $25,000,000, all as provided below:

Appears in 1 contract

Samples: Loan Agreement (Horton D R Inc /De/)

Extension of Credit. Subject to the terms and conditions of, and in reliance upon the representations and warranties made in, this Agreement and the other Loan Documents, the Lenders agree, severally in accordance with their respective Revolving Commitment Ratios, and not jointly, to extend credit to the Borrowers Borrower in an aggregate principal amount not to exceed the Revolving Loan CommitmentOne Hundred Seventy-Five Million Dollars ($175,000,000).

Appears in 1 contract

Samples: Credit Agreement (Thomas & Betts Corp)

Extension of Credit. Subject to the terms and conditions of, and in reliance upon the representations and warranties made in, this Agreement and the other Loan Documents, the Lenders agreeeach Lender agrees, severally in accordance with their respective Revolving Commitment Ratios, and not jointly, to extend credit to the Borrowers Borrower in an aggregate principal amount not to exceed the its Revolving Loan Commitment.

Appears in 1 contract

Samples: Credit Agreement (Thomas & Betts Corp)

Extension of Credit. Subject to the terms and conditions of, and in reliance upon the representations and warranties made in, this Agreement and the other Loan Documents, the Lenders have extended and agree, severally in accordance with their respective Revolving Commitment Ratios, Ratios and not jointly, to extend credit to the Borrowers in an aggregate principal amount not to exceed ONE HUNDRED TWENTY-FIVE MILLION DOLLARS ($125,000,000) to the Revolving Loan CommitmentBorrower, as hereinafter provided.

Appears in 1 contract

Samples: Credit Agreement (Zenith Electronics Corp)

Extension of Credit. Subject to the terms and conditions of, and in reliance upon the representations and warranties made in, in this Agreement and the other Loan Documents, the Lenders agree, severally in accordance with their respective Revolving Commitment Ratios, and not jointly, to extend credit to the Borrowers Borrower in an aggregate principal amount not to exceed the Total Revolving Loan Commitment.Credit Commitment and Letter of Credit Issuers agree to issue Letters of Credit on behalf of Borrower in an aggregate face amount not to exceed the Letter of Credit Sublimit, all as provided below:

Appears in 1 contract

Samples: Revolving Credit Agreement (Horton D R Inc /De/)

Extension of Credit. Subject to the terms and conditions of, and ------------------- in reliance upon the representations and warranties made in, in this Agreement and the other Loan Documents, the Lenders Banks agree, severally in accordance with their respective Revolving Commitment Ratios, and not jointly, to extend credit to the Borrowers Borrower in an aggregate principal amount not to exceed $375,000,000 and the Revolving Loan Commitment.Issuing Bank agrees to issue Letters of Credit on behalf of the Borrower in an aggregate face amount not to exceed $25,000,000, all as provided below:

Appears in 1 contract

Samples: Master Loan and Inter Creditor Agreement (Horton D R Inc /De/)

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Extension of Credit. Subject to the terms and conditions of, and in reliance upon the representations and warranties made in, this Agreement and the other Loan Documents, the Lenders agree, severally in accordance with their respective Revolving Commitment Ratios, and not jointly, to extend credit to the Borrowers in an aggregate principal amount not to exceed the Revolving Loan CommitmentCommitments.

Appears in 1 contract

Samples: Credit Agreement (New York Times Co)

Extension of Credit. Subject to the terms and conditions of, and in reliance upon the representations and warranties made in, this Agreement and the other 42 50 Loan Documents, the Lenders agree, severally in accordance with their respective Revolving Commitment Ratios, Pro Rata Shares of the Commitments and not jointly, to extend credit to the Borrowers in an aggregate principal amount not to exceed THREE HUNDRED FIFTY MILLION DOLLARS ($350,000,000) to the Revolving Loan CommitmentBorrowers, as hereinafter provided.

Appears in 1 contract

Samples: Credit Agreement (Agco Corp /De)

Extension of Credit. Subject to the terms and conditions of, and in reliance upon the representations and warranties made in, this Agreement and the other Loan Documents, the Lenders have extended and agree, severally in accordance with their respective Revolving Commitment Ratios, and not jointly, to extend credit to the Borrowers in an aggregate principal amount not to exceed the Revolving Loan Commitment$235,000,000.

Appears in 1 contract

Samples: Credit Agreement (Oxford Industries Inc)

Extension of Credit. Subject to the terms and conditions of, and in reliance upon the representations and warranties made in, this Agreement and the other Loan Documents, the Lenders have extended and agree, severally in accordance with their respective Revolving Commitment Ratios, Ratios and not jointly, to extend credit to the Borrowers in an aggregate principal amount not to exceed ONE HUNDRED TEN MILLION DOLLARS ($110,000,000) to the Revolving Loan CommitmentBorrower, as hereinafter provided.

Appears in 1 contract

Samples: Credit Agreement (Zenith Electronics Corp)

Extension of Credit. Subject to the terms and conditions of, and in reliance upon the representations and warranties made in, this Agreement and the other Loan Documents, the Lenders agree, severally in accordance with their respective Revolving Commitment Term Loan Ratios, and not jointly, to extend credit to the Borrowers Borrower in an the form of a term loan in the aggregate principal amount not equal to exceed the Revolving Loan Commitment$10,000,000.

Appears in 1 contract

Samples: Credit Agreement (Gtsi Corp)

Extension of Credit. Subject to the terms and conditions of, and in reliance upon the representations and warranties made in, this Agreement and the other Loan Documents, the Lenders have extended and agree, severally in accordance with their respective Tranche A Revolving Commitment Ratios, Tranche B Revolving Commitment Ratios and Term Commitment Ratios, and not jointly, to extend credit to the Borrowers in an aggregate principal amount not to exceed the Revolving Loan Commitment$58,931,694.54.

Appears in 1 contract

Samples: Credit Agreement (Bull Run Corp)

Extension of Credit. Subject to the terms and conditions of, and in reliance upon the representations and warranties made in, this Agreement and the other Loan Documents, the Lenders agree, severally in accordance with their respective Revolving Commitment Ratios, and not jointly, to extend credit to the Borrowers Borrower in an aggregate principal amount not to exceed the Revolving Loan Commitment$125,000,000.

Appears in 1 contract

Samples: Credit Agreement (Gtsi Corp)

Extension of Credit. Subject to the terms and conditions of, and in reliance upon the representations and warranties made in, this Agreement and the other Loan Documents, the Lenders agree, severally in accordance with their respective Revolving Commitment Ratios, and not jointly, to extend credit to the Borrowers Borrower in an aggregate principal amount not to exceed $200,000,000, plus the amount of any Revolving Loan CommitmentCommitment Increase effected pursuant to paragraph (d) below.

Appears in 1 contract

Samples: Credit Agreement (Thomas & Betts Corp)

Extension of Credit. Subject to the terms and conditions of, and in reliance upon the representations and warranties made in, in this Agreement and the other Loan Documents, the Lenders Banks agree, severally in accordance with their respective Revolving Commitment Ratios, and not jointly, to extend credit to the Borrowers Borrower in an aggregate principal amount not to exceed $250,000,000 and the Revolving Loan Commitment.Issuing Bank agrees to issue Letters of Credit on behalf of the Borrower in an aggregate face amount not to exceed $10,000,000, all as provided below:

Appears in 1 contract

Samples: Master Loan and Inter Creditor Agreement (Horton D R Inc /De/)

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