Foreign Revolving Loans. Subject to the terms and conditions set forth herein, each Foreign Revolving Lender severally agrees to make loans (each such loan, a “Foreign Revolving Loan”) to any of the Parent or a Foreign Borrower, as applicable, in Dollars or in one or more Alternative Currencies from time to time on any Business Day during the Availability Period for Foreign Revolving Commitment in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Foreign Revolving Commitment; provided, however, that after giving effect to any Borrowing of Foreign Revolving Loans, (i) the Foreign Total Revolving Outstandings shall not exceed the Aggregate Foreign Revolving Commitments and (ii) the Foreign Revolving Credit Exposure of any Foreign Revolving Lender shall not exceed such Lender’s Foreign Revolving Commitment. Within the limits of each Foreign Revolving Lender’s Foreign Revolving Commitment, and subject to the other terms and conditions hereof, the Parent may borrow under this Section 2.01(b), prepay under Section 2.05 and reborrow under this Section 2.01(b). Foreign Revolving Loans made to the Parent may be Base Rate Loans or Eurocurrency Rate Loans, or a combination thereof, as further provided herein. Foreign Revolving Loans made to a Foreign Borrower shall be Eurocurrency Rate Loans.
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Samples: Credit Agreement (Balchem Corp), Credit Agreement (Balchem Corp)
Foreign Revolving Loans. Subject to During the terms and conditions set forth hereinCommitment Period, each Foreign Revolving Lender severally agrees to make revolving credit loans (each such loan, a the “Foreign Revolving LoanLoans”) to any of the Parent or a Foreign Borrower, as applicable, Borrowers in Dollars or in one or more Alternative Currencies Currencies, from time to time time, on any Business Day during the Availability Period for Foreign Revolving Commitment in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Foreign Revolving CommitmentDay; provided, however, provided that after giving effect to any Borrowing of such Foreign Revolving LoansLoan, (i) with regard to the Foreign Total Revolving Outstandings Lenders collectively, the Outstanding Amount of Foreign Revolving Obligations shall not exceed TWENTY-FIVE MILLION DOLLARS ($25,000,000) (as such amount may be decreased in accordance with the provisions hereof, the “Aggregate Foreign Revolving Commitments and Committed Amount”), (ii) with respect to each Designated Borrower, the Outstanding Amount of all Foreign Revolving Credit Exposure Obligations of any such Designated Borrower shall not exceed its Designated Borrower Limit, and (iii) with regard to each Foreign Revolving Lender shall not exceed individually, such Lender’s Foreign Revolving Commitment. Within the limits Commitment Percentage of each Foreign Revolving Lender’s Obligations shall not exceed its Foreign Revolving Commitment, and subject to the other terms and conditions hereof, the Parent may borrow under this Section 2.01(b), prepay under Section 2.05 and reborrow under this Section 2.01(b)Committed Amount. Foreign Revolving Loans made to the Parent shall consist of Eurocurrency Rate Loans and may be Base Rate Loans or Eurocurrency Rate Loans, or a combination thereof, as further provided herein. Foreign Revolving Loans made to a Foreign Borrower shall be Eurocurrency Rate Loansrepaid and reborrowed in accordance with the provisions hereof.
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Foreign Revolving Loans. Subject to During the terms and conditions set forth hereinCommitment Period, each Foreign Revolving Lender severally agrees to make revolving credit loans (each such loan, a the “Foreign Revolving LoanLoans”) to any of the Parent or a Foreign Borrower, as applicable, Borrowers in Dollars or in one or more Alternative Currencies Currencies, from time to time time, on any Business Day during the Availability Period for Foreign Revolving Commitment in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Foreign Revolving CommitmentDay; provided, however, provided that after giving effect to any Borrowing of such Foreign Revolving LoansLoan, (i) with regard to the Foreign Total Revolving Outstandings Lenders collectively, the Outstanding Amount of Foreign Revolving Obligations shall not exceed THIRTY MILLION DOLLARS ($30,000,000) (as such amount may be decreased in accordance with the provisions hereof, the “Aggregate Foreign Revolving Commitments and Committed Amount”), (ii) with respect to each Designated Borrower, the aggregate principal amount of Foreign Revolving Credit Exposure of any Obligations owing by such Designated Borrower shall not exceed its Designated Borrowing Limit and (iii) with regard to each Foreign Revolving Lender shall not exceed individually, such Lender’s Foreign Revolving Commitment. Within the limits Commitment Percentage of each Foreign Revolving Lender’s Obligations shall not exceed its respective Foreign Revolving Commitment, Committed Amount and subject (iii) the aggregate Outstanding Amount of all Loans made to the other terms and conditions hereof, Designated Borrowers shall not exceed the Parent may borrow under this Section 2.01(b), prepay under Section 2.05 and reborrow under this Section 2.01(b)Designated Borrower Limit. Foreign Revolving Loans made to the Parent shall consist of Eurocurrency Rate Loans and may be Base Rate Loans or Eurocurrency Rate Loans, or a combination thereof, as further provided herein. Foreign Revolving Loans made to a Foreign Borrower shall be Eurocurrency Rate Loansrepaid and reborrowed in accordance with the provisions hereof.
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