Common use of Individual Limits Clause in Contracts

Individual Limits. Subject to Section 5.7 , at no time shall: (i) the aggregate Principal Amount of all Swingline Borrowings owing to the Swingline Lender exceed $100,000,000 (or the Canadian Dollar Exchange Equivalent thereof) or (ii) the aggregate Principal Amount of all Swingline Borrowings owing to the Swingline Lender plus such Lender's Rateable Portion of the Aggregate Principal Amount of all Syndicated Borrowings exceed such Lender's Individual Commitment Amount; provided that the Agent shall adjust the Swingline Lender's Rateable Portion of Syndicated Borrowings in accordance with its customary practice if and to the extent required to ensure that, subject to Section 2.8(c), any undrawn availability of Swingline Borrowings is capable of being fully drawn.

Appears in 1 contract

Samples: Credit Agreement (Harvest Operations Corp.)

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Individual Limits. Subject to Section 5.7 5.7, at no time shall: shall (i) the aggregate Principal Amount of all Swingline Borrowings owing to the Swingline Lender exceed $100,000,000 50,000,000 (or the Canadian Dollar Exchange Equivalent thereof) or (ii) the aggregate Principal Amount of all Swingline Borrowings owing to the Swingline Lender plus such Lender's Rateable Portion of the Aggregate Principal Amount of all Syndicated Borrowings exceed such Lender's Individual Commitment AmountAmount under the Revolving Facility; provided that the Agent shall adjust the Swingline Lender's Rateable Portion of Syndicated Borrowings in accordance with its customary practice if and to the extent required to ensure that, subject to Section 2.8(c), any undrawn availability of Swingline Borrowings is capable of being fully drawn.

Appears in 1 contract

Samples: Credit Agreement (Harvest Energy Trust)

Individual Limits. Subject to Section 5.7 5.7, at no time shall: (i) the aggregate Principal Amount of all Swingline Borrowings owing to the Swingline Lender exceed $100,000,000 50,000,000 (or the Canadian Dollar Exchange Equivalent thereof) or (ii) the aggregate Principal Amount of all Swingline Borrowings owing to the Swingline Lender plus such Lender's Rateable Portion of the Aggregate Principal Amount of all Syndicated Borrowings exceed such Lender's Individual Commitment Amount; provided that the Agent shall adjust the Swingline Lender's Rateable Portion of Syndicated Borrowings in accordance with its customary practice if and to the extent required to ensure that, subject to Section 2.8(c), any undrawn availability of Swingline Borrowings is capable of being fully drawn.

Appears in 1 contract

Samples: Credit Agreement (Harvest Operations Corp.)

Individual Limits. Subject to Section 5.7 5.7, at no time shall: shall (i) the aggregate Principal Amount of all Swingline Borrowings owing to the Swingline Lender exceed $100,000,000 50,000,000 (or the Canadian Dollar Exchange Equivalent thereof) or (ii) the aggregate Principal Amount of all Swingline Borrowings owing to the Swingline Lender plus such Lender's Rateable Portion of the Aggregate Principal Amount of all Syndicated Borrowings exceed such Lender's Individual Commitment Amount; provided that the Agent shall adjust the Swingline Lender's Rateable Portion of Syndicated Borrowings Advances in accordance with its customary practice if and to the extent required to ensure that, subject to Section 2.8(c), any undrawn availability of Swingline Borrowings is capable of being fully drawn.

Appears in 1 contract

Samples: Credit Agreement (Harvest Energy Trust)

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Individual Limits. Subject to Section 5.7 5.7, at no time shall: shall (i) the aggregate Principal Amount of all Swingline Borrowings owing to the Swingline Lender exceed $100,000,000 (or the Canadian Dollar Exchange Equivalent thereof) or (ii) the aggregate Principal Amount of all Swingline Borrowings owing to the Swingline Lender plus such Lender's Rateable Portion of the Aggregate Principal Amount of all Syndicated Borrowings exceed such Lender's Individual Commitment Amount; provided that the Agent shall adjust the Swingline Lender's Rateable Portion of Syndicated Borrowings in accordance with its customary practice if and to the extent required to ensure that, subject to Section 2.8(c), any undrawn availability of Swingline Borrowings is capable of being fully drawn.

Appears in 1 contract

Samples: Credit Agreement (Harvest Operations Corp.)

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