Common use of Funding Limitations Clause in Contracts

Funding Limitations. For the avoidance of doubt, Administrative Agent shall have no Commitments (to make Loans) in its capacity as Administrative Agent and Administrative Agent’s requirement to make Loans (from the Loan proceeds received from the Lenders) in accordance with the provisions hereof shall be limited to the funds that it receives from the Lenders (to fund such Loans).

Appears in 2 contracts

Samples: Term Loan Credit Agreement (Par Petroleum Corp/Co), Credit Agreement (Delta Petroleum Corp/Co)

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Funding Limitations. For the avoidance of doubt, Administrative Agent shall have no Commitments (to make any Loans) in its capacity as Administrative Agent and Administrative Agent’s requirement to make the Loans (from proceeds of the Loan proceeds Loans received from the Lenders) in accordance with the provisions hereof shall be limited to the funds that it receives from the Lenders (to fund such LoansLoan(s)).

Appears in 1 contract

Samples: Term Loan Agreement (Gevo, Inc.)

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Funding Limitations. For the avoidance of doubt, Administrative Agent shall have no Commitments (to make any Loans) in its capacity as Administrative Agent and Administrative Agent’s requirement to make the Loans (from proceeds of the Loan proceeds Loans received from the applicable Lenders) in accordance with the provisions hereof shall be limited to the funds that it receives from the Lenders (to fund such Loanstheir respective Loan(s)).

Appears in 1 contract

Samples: Term Loan and Bridge Loan Credit Agreement (Par Petroleum Corp/Co)

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