Common use of Lenders Not Permitted or Required to Make Loans Clause in Contracts

Lenders Not Permitted or Required to Make Loans. No Lender shall be permitted or required to make any Revolving Loan if, after giving effect thereto, the aggregate outstanding principal amount of all Revolving Loans plus Letter of Credit Obligations then outstanding: (a) of all Lenders would exceed the Revolving Commitment Amount, or (b) of such Lender would exceed such Lender’s Percentage of the Revolving Commitment Amount.

Appears in 3 contracts

Samples: Credit Agreement (Novamed Inc), Credit Agreement (Novamed Inc), Credit Agreement (Novamed Inc)

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Lenders Not Permitted or Required to Make Loans. No Lender ----------------------------------------------- shall be permitted or required to make any Revolving Loan if, after giving effect thereto, the aggregate outstanding principal amount of all Revolving Loans plus Letter of Credit Obligations then outstanding:Loans (a) of all Lenders would exceed the Revolving Commitment Amount, or (b) of such Lender would exceed such Lender’s 's Percentage of the Revolving Commitment Amount.

Appears in 2 contracts

Samples: Credit Agreement (Novamed Eyecare Inc), Credit Agreement (Novamed Eyecare Inc)

Lenders Not Permitted or Required to Make Loans. No Lender shall be permitted or required to make any Revolving Loan if, after giving effect thereto, the aggregate outstanding principal amount of all Revolving Loans plus Letter of Credit Obligations then outstanding: (a) of all Lenders would exceed the Revolving Commitment Amount, or (b) of such Lender would exceed such Lender’s 's Percentage of the Revolving Commitment Amount.

Appears in 1 contract

Samples: Credit Agreement (Novamed Eyecare Inc)

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Lenders Not Permitted or Required to Make Loans. No Lender shall be permitted or required to make any Revolving Loan if, after giving effect thereto, the aggregate outstanding principal amount of all Revolving Loans plus Letter of Credit Obligations then outstanding:Loans (a) of all Lenders would exceed the Revolving Commitment Amount, or (b) of such Lender would exceed such Lender’s 's Percentage of the Revolving Commitment Amount.

Appears in 1 contract

Samples: Credit Agreement (Novamed Eyecare Inc)

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