Common use of Initial Revolving Loans Clause in Contracts

Initial Revolving Loans. The Lenders with an Initial Revolving Loan Commitment agree, severally, in accordance with their respective Initial Revolving Loan Commitment Ratios and not jointly, upon the terms and subject to the conditions of this Agreement and the other Loan Documents to lend to the Borrower, prior to the Initial Revolving-ARevolving Loan Maturity Date in the case of all Initial Revolving Lenders, and the Initial Revolving-B Loan Maturity Date, in the case of the Initial Revolving-B Lenders, amounts not at any one time outstanding to exceed, the aggregate of the Initial Revolving Loan Commitments of all the Lenders as then in effect less the aggregate amount of all Letter of Credit Obligations and Swingline Loans then outstanding. Subject to the terms and conditions hereof, the Borrower may from time to time (i) Convert a Base Rate Advance in the form of an Initial Revolving Loan into a Term SOFR Advance or a Term SOFR Advance in the form of an Initial Revolving Loan into a Base Rate Advance or (ii) Continue a Term SOFR Advance in the form of an Initial Revolving Loan as a Term SOFR Advance. For the avoidance of doubt, unless otherwise extended in accordance with the terms hereof, the Initial Revolving-A Loan Commitments shall terminate on the Initial Revolving-A Loan Maturity Date and all Initial Revolving Loan Commitments shall terminate on the Initial Revolving-B Loan Maturity Date.

Initial Revolving Loans. The Lenders with an Initial Revolving Loan Commitment agree, severally, in accordance with their respective Initial Revolving Loan Commitment Ratios Subject to and not jointly, upon the terms and subject conditions set forth herein and, after the Effective Date, each Lender with a Commitment with respect to such Tranche of Loans severally agrees to make a revolving loan or revolving loans (each, an “Initial Revolving Loan” and, collectively, the “Initial Revolving Loans”) to the conditions of this Agreement and the other Loan Documents to lend to the BorrowerBorrowers in Dollars, prior to the Initial Revolving-ARevolving Loan Maturity Date in the case of all Initial Revolving Lenders, and the Initial Revolving-B Loan Maturity Date, in the case of the Initial Revolving-B Lenders, amounts not at any one time outstanding to exceed, the aggregate of the Initial Revolving Loan Commitments of all the Lenders as then in effect less the aggregate amount of all Letter of Credit Obligations and Swingline Loans then outstanding. Subject to the terms and conditions hereof, the Borrower may from time to time (i) Convert a Base Rate Advance in the form of an Initial Revolving Loan into a Term SOFR Advance or a Term SOFR Advance in the form of an Initial Revolving Loan into a Base Rate Advance or (ii) Continue a Term SOFR Advance in the form of an Initial Revolving Loan as a Term SOFR Advance. For the avoidance of doubt, unless otherwise extended in accordance with the terms hereof, as may be modified after the Initial Revolving-A Loan Commitments shall terminate on Effective Date pursuant to Section 4.24, in an aggregate principal amount at any time outstanding that will not result in (i) such Lender’s Revolving Exposure attributable to the Initial Revolving-A Loan Maturity Date and all Initial Revolving Loan Commitments Commitment exceeding such Lender’s Initial Revolving Loan Commitment and (ii) the total aggregate Revolving Exposures of all Lenders exceeding the Line Cap. Revolving Loans under each such Tranche (i) shall terminate be incurred in multiple drawings incurred during the Revolving Availability Period, (ii) shall be denominated in Dollars, (iii) except as hereinafter provided, shall, at the option of the Borrower Agent, be incurred and maintained as, and/or converted into, ABR Loans or EurodollarTranche Rate Loans, provided that (i) except as otherwise specifically provided in Section 4.18(c), all Loans (other than Protective Advances) under a Tranche comprising the same Borrowing shall at all times be of the same Type and (ii) except with respect to Swing Line Loans or Protective Advances, shall be made by each such Lender in an aggregate principal amount such that the Revolving Exposure of such Lender does not exceed the amount of such Commitment under such Tranche on the Initial Revolving-B Loan Maturity Datedate of incurrence thereof. Within the limits set forth in this clause (a) and subject to the terms, conditions and limitations set forth herein, the Borrowers may borrow, pay or prepay and reborrow Revolving Loans.

Initial Revolving Loans. The Lenders with an Initial Revolving Loan Commitment agree, severally, in accordance with their respective Initial Revolving Loan Commitment Ratios and not jointly, upon the terms and subject to the conditions of this Agreement and the other Loan Documents to lend to the Borrower, prior to the Initial RevolvingRevolving-1Revolving-ARevolving A Loan Maturity Date in the case of all Initial Revolving Lenders, and the Initial RevolvingRevolving-2Revolving-B Loan Maturity Date, in the case of the Initial RevolvingRevolving-2Revolving-B Lenders, amounts not at any one time outstanding to exceed, the aggregate of the Initial Revolving Loan Commitments of all the Lenders as then in effect less the aggregate amount of all Letter of Credit Obligations and Swingline Loans then outstanding. Subject to the terms and conditions hereof, the Borrower may from time to time (i) Convert a Base Rate Advance in the form of an Initial Revolving Loan into a Term SOFR Advance or a Term SOFR Advance in the form of an Initial Revolving Loan into a Base Rate Advance or (ii) Continue a Term SOFR Advance in the form of an Initial Revolving Loan as a Term SOFR Advance. For the avoidance of doubt, unless otherwise extended in accordance with the terms hereof, the Initial Revolving-A Loan Commitments shall terminate on the Initial Revolving-A Loan Maturity Date and all Initial Revolving Loan Commitments shall terminate on the Initial Revolving-B Loan Maturity Date.

Initial Revolving Loans. The Lenders with an Initial Revolving Loan Commitment agree, severally, in accordance with their respective Initial Revolving Loan Commitment Ratios Subject to and not jointly, upon the terms and subject conditions set forth herein and, after the Effective Date, each Lender with a Commitment with respect to such Tranche of Loans severally agrees to make a revolving loan or revolving loans (each, an “Initial Revolving Loan” and, collectively, the “Initial Revolving Loans”) to the conditions of this Agreement and the other Loan Documents to lend to the BorrowerBorrowers in Dollars, prior to the Initial Revolving-ARevolving Loan Maturity Date in the case of all Initial Revolving Lenders, and the Initial Revolving-B Loan Maturity Date, in the case of the Initial Revolving-B Lenders, amounts not at any one time outstanding to exceed, the aggregate of the Initial Revolving Loan Commitments of all the Lenders as then in effect less the aggregate amount of all Letter of Credit Obligations and Swingline Loans then outstanding. Subject to the terms and conditions hereof, the Borrower may from time to time (i) Convert a Base Rate Advance in the form of an Initial Revolving Loan into a Term SOFR Advance or a Term SOFR Advance in the form of an Initial Revolving Loan into a Base Rate Advance or (ii) Continue a Term SOFR Advance in the form of an Initial Revolving Loan as a Term SOFR Advance. For the avoidance of doubt, unless otherwise extended in accordance with the terms hereof, as may be modified after the Initial Revolving-A Loan Commitments shall terminate on Effective Date pursuant to Section 4.24, in an aggregate principal amount at any time outstanding that will not result in (i) such Lenxxx’x Revolving Exposure attributable to the Initial Revolving-A Loan Maturity Date and all Initial Revolving Loan Commitments Commitment exceeding such Lender’s Initial Revolving Loan Commitment and (ii) the total aggregate Revolving Exposures of all Lenders exceeding the Line Cap. Revolving Loans under each such Tranche (i) shall terminate be incurred in multiple drawings incurred during the Revolving Availability Period, (ii) shall be denominated in Dollars, (iii) except as hereinafter provided, shall, at the option of the Borrower Agent, be incurred and maintained as, and/or converted into, ABR Loans or Tranche Rate Loans, provided that (i) except as otherwise specifically provided in Section 4.18(c), all Loans (other than Protective Advances) under a Tranche comprising the same Borrowing shall at all times be of the same Type and (ii) except with respect to Swing Line Loans or Protective Advances, shall be made by each such Lender in an aggregate principal amount such that the Revolving Exposure of such Lender does not exceed the amount of such Commitment under such Tranche on the Initial Revolving-B Loan Maturity Datedate of incurrence thereof. Within the limits set forth in this clause (a) and subject to the terms, conditions and limitations set forth herein, the Borrowers may borrow, pay or prepay and reborrow Revolving Loans.

Initial Revolving Loans. The Lenders with an Initial Revolving Loan Commitment agree, severally, in accordance with their respective Initial Revolving Loan Commitment Ratios Subject to and not jointly, upon the terms and subject conditions set forth herein and, after the Effective Date, each Lender with a Commitment with respect to such Tranche of Loans severally agrees to make a revolving loan or revolving loans (each, an “Initial Revolving Loan” and, collectively, the “Initial Revolving Loans”) to the conditions of this Agreement and the other Loan Documents to lend to the BorrowerBorrowers in Dollars, prior to the Initial Revolving-ARevolving Loan Maturity Date in the case of all Initial Revolving Lenders, and the Initial Revolving-B Loan Maturity Date, in the case of the Initial Revolving-B Lenders, amounts not at any one time outstanding to exceed, the aggregate of the Initial Revolving Loan Commitments of all the Lenders as then in effect less the aggregate amount of all Letter of Credit Obligations and Swingline Loans then outstanding. Subject to the terms and conditions hereof, the Borrower may from time to time (i) Convert a Base Rate Advance in the form of an Initial Revolving Loan into a Term SOFR Advance or a Term SOFR Advance in the form of an Initial Revolving Loan into a Base Rate Advance or (ii) Continue a Term SOFR Advance in the form of an Initial Revolving Loan as a Term SOFR Advance. For the avoidance of doubt, unless otherwise extended in accordance with the terms hereof, as may be modified after the Initial Revolving-A Loan Commitments shall terminate on Effective Date pursuant to Section 4.24, in an aggregate principal amount at any time outstanding that will not result in (i) such Lender’s Revolving Exposure attributable to the Initial Revolving-A Loan Maturity Date and all Initial Revolving Loan Commitments Commitment exceeding such Lender’s Initial Revolving Loan Commitment and (ii) the total aggregate Revolving Exposures of all Lenders exceeding the Line Cap. Revolving Loans under each such Tranche (i) shall terminate be incurred in multiple drawings incurred during the Revolving Availability Period, (ii) shall be denominated in Dollars, (iii) except as hereinafter provided, shall, at the option of the Borrower Agent, be incurred and maintained as, and/or converted into, ABR Loans or Eurodollar Loans, provided that (i) except as otherwise specifically provided in Section 4.18(c), all Loans (other than Protective Advances) under a Tranche comprising the same Borrowing shall at all times be of the same Type and (ii) except with respect to Swing Line Loans or Protective Advances, shall be made by each such Lender in an aggregate principal amount such that the Revolving Exposure of such Lender does not exceed the amount of such Commitment under such Tranche on the Initial Revolving-B Loan Maturity Datedate of incurrence thereof. Within the limits set forth in this clause (a) and subject to the terms, conditions and limitations set forth herein, the Borrowers may borrow, pay or prepay and reborrow Revolving Loans.

Initial Revolving Loans. The Lenders with an Initial Revolving Loan Commitment agree, severally, in accordance with their respective Initial Revolving Loan Commitment Ratios Subject to and not jointly, upon the terms and subject to conditions set forth herein and, after the conditions of this Agreement and the other Loan Documents to lend to the Borrower, prior to the Initial Revolving-ARevolving Loan Maturity Date in the case of all Initial Revolving Lenders, and the Initial Revolving-B Loan Maturity Effective Date, in any Incremental Amendment applicable to the case Tranche of Loans then being made pursuant to this clause (a), each Lender with a Commitment with respect to such Tranche of Loans severally agrees to make (x) a revolving loan or revolving loans (each, an “Initial Revolving Loan” and, collectively, the “Initial Revolving-B LendersRevolving Loans”) to the Borrowers in Dollars, amounts not at any one time outstanding to exceed, the aggregate of the Initial Revolving Loan Commitments of all the Lenders as then in effect less the aggregate amount of all Letter of Credit Obligations and Swingline Loans then outstanding. Subject to the terms and conditions hereof, the Borrower may from time to time (i) Convert a Base Rate Advance in the form of an Initial Revolving Loan into a Term SOFR Advance or a Term SOFR Advance in the form of an Initial Revolving Loan into a Base Rate Advance or (ii) Continue a Term SOFR Advance in the form of an Initial Revolving Loan as a Term SOFR Advance. For the avoidance of doubt, unless otherwise extended in accordance with the terms hereofhereof and (y) Incremental Revolving Loans made after the Effective Date pursuant to Section 2.5, as each may be modified after the Initial Revolving-A Loan Commitments shall terminate on Effective Date pursuant to Section 4.24, in an aggregate principal amount at any time outstanding that will not result in (i) such Lender’s Revolving Exposure attributable to the Initial Revolving-A Loan Maturity Date and all Initial Revolving Loan Commitments Commitment exceeding such Lender’s Initial Revolving Loan Commitment and (ii) the total 45 AMERICAS 94977503 aggregate Revolving Exposures of all Lenders exceeding the Line Cap. Revolving Loans under each such Tranche (i) shall terminate be incurred in multiple drawings incurred during the Revolving Availability Period, (ii) shall be denominated in Dollars, (iii) except as hereinafter provided, shall, at the option of the Borrower Agent, be incurred and maintained as, and/or converted into, ABR Loans, or Eurodollar Loans, provided that (i) except as otherwise specifically provided in Section 4.18(c), all Loans (other than Protective Advances) under a Tranche comprising the same Borrowing shall at all times be of the same Type and (ii) except with respect to Swing Line Loans or Protective Advances, shall be made by each such Lender in an aggregate principal amount such that the Revolving Exposure of such Lender does not exceed the amount of such Commitment under such Tranche on the Initial Revolving-B Loan Maturity Datedate of incurrence thereof. Within the limits set forth in this clause (a) and subject to the terms, conditions and limitations set forth herein, the Borrowers may borrow, pay or prepay and reborrow Revolving Loans.

Initial Revolving Loans. The Lenders with an Initial Revolving Loan Commitment agree, severally, in accordance with their respective Initial Revolving Loan Commitment Ratios Subject to and not jointly, upon the terms and subject to conditions set forth herein and, after the conditions of this Agreement and the other Loan Documents to lend to the Borrower, prior to the Initial Revolving-ARevolving Loan Maturity Date in the case of all Initial Revolving Lenders, and the Initial Revolving-B Loan Maturity Effective Date, in any Incremental Amendment applicable to the case Tranche of Loans then being made pursuant to this clause (a), each Lender with a Commitment with respect to such Tranche of Loans severally agrees to make (x) a revolving loan or revolving loans (each, an “Initial Revolving Loan” and, collectively, the “Initial Revolving-B LendersRevolving Loans”) to the Borrowers in Dollars, amounts not at any one time outstanding to exceed, the aggregate of the Initial Revolving Loan Commitments of all the Lenders as then in effect less the aggregate amount of all Letter of Credit Obligations and Swingline Loans then outstanding. Subject to the terms and conditions hereof, the Borrower may from time to time (i) Convert a Base Rate Advance in the form of an Initial Revolving Loan into a Term SOFR Advance or a Term SOFR Advance in the form of an Initial Revolving Loan into a Base Rate Advance or (ii) Continue a Term SOFR Advance in the form of an Initial Revolving Loan as a Term SOFR Advance. For the avoidance of doubt, unless otherwise extended in accordance with the terms hereofhereof and (y) Incremental Revolving Loans made after the Effective Date pursuant to Section 2.5, as each may be modified after the Initial Revolving-A Loan Commitments shall terminate on Effective Date pursuant to Section 4.24, in an aggregate principal amount at any time outstanding that will not result in (i) such Lender’s Revolving Exposure attributable to the Initial Revolving-A Loan Maturity Date and all Initial Revolving Loan Commitments Commitment exceeding such Lender’s Initial Revolving Loan Commitment and (ii) the total aggregate Revolving Exposures of all Lenders exceeding the Line Cap. Revolving Loans under each such Tranche (i) shall terminate be incurred in multiple drawings incurred during the Revolving Availability Period, (ii) shall be denominated in Dollars, (iii) except as hereinafter provided, shall, at the option of the Borrower Agent, be incurred and maintained as, and/or converted into, ABR Loans, or Eurodollar Loans, provided that (i) except as otherwise specifically provided in Section 4.18(c), all Loans (other than Protective Advances) under a Tranche comprising the same Borrowing shall at all times be of the same Type and (ii) except with respect to Swing Line Loans or Protective Advances, shall be made by each such Lender in an aggregate principal amount such that the Revolving Exposure of such Lender does not exceed the amount of such Commitment under such Tranche on the Initial Revolving-B Loan Maturity Datedate of incurrence thereof. Within the limits set forth in this clause (a) and subject to the terms, conditions and limitations set forth herein, the Borrowers may borrow, pay or prepay and reborrow Revolving Loans.