Common use of Lenders Not Permitted or Required Clause in Contracts

Lenders Not Permitted or Required. To Make Loans or Issue or Participate in Letters of Credit Under Certain Circumstances. No Lender shall be permitted or required to (A) continue any Original Loan as a Loan hereunder or to make any Revolving Loan if, after giving effect thereto (i) (a) the aggregate outstanding principal amount of all Revolving Loans of all Lenders, plus all Letter of Credit Outstandings would exceed the Revolving Period Commitment Amount or (b) the Senior Debt would exceed the Borrowing Base then in effect or (ii) the aggregate outstanding principal amount of all Loans of such Lender, together with its Percentage of all Letter of Credit Outstandings, would exceed such Lender's Percentage of the Revolving Period Commitment Amount; (B) issue (in the case of any Issuer) or participate in (in the case of each Lender) any Letter of Credit if, after giving effect thereto (i) (a) all Letter of Credit Outstandings plus the aggregate outstanding principal amount of all Loans of all Lenders would exceed the Revolving Period Commitment Amount, (b) the Senior Debt would exceed the Borrowing Base then in effect, or (c) all Letter of Credit Outstandings plus the aggregate Stated Amount of all Other Letters of Credit would exceed the Letter of Credit Sublimit or (ii) such Lender's Percentage of all Letter of Credit Outstandings together with the aggregate outstanding principal amount of all Loans of such Lender would exceed such Lender's Percentage of the Revolving Period Commitment Amount; or (d) make any Term Loan if, after giving effect thereto (i) the aggregate original principal amount of all Term Loans would exceed the Term Period Commitment Amount or (ii) the Term Loans of such Lender would exceed such Lender's Percentage of the Term Period Commitment Amount.

Lenders Not Permitted or Required. To Make Loans or Issue or Participate in Revolving Letters of Credit Under Certain Circumstances. No Lender shall be permitted or required to (A) continue any Original Loan as a Loan hereunder or to make any Revolving Loan if, after giving effect thereto (i) (a) the aggregate outstanding principal amount of all Revolving Loans of all Lenders, plus all Revolving Loan Letter of Credit Outstandings would exceed the Revolving Period Commitment Amount or (b) the Senior Debt would exceed the Borrowing Base then in effect or (ii) the aggregate outstanding principal amount of all Loans of such Lender, together with its Percentage of all Revolving Loan Letter of Credit Outstandings, would exceed such Lender's Percentage of the Revolving Period Commitment Amount; or (B) issue (in the case of any Issuer) or participate in (in the case of each Lender) any Revolving Loan Letter of Credit if, after giving effect thereto (i) (a) all Revolving Loan Letter of Credit Outstandings plus the aggregate outstanding principal amount of all Loans of all Lenders would exceed the Revolving Period Commitment Amount, (b) the Senior Debt would exceed the Borrowing Base then in effect, or (c) all Revolving Loan Letter of Credit Outstandings plus the aggregate Stated Amount of all Other Letters of Credit would exceed the Revolving Loan Letter of Credit Sublimit or (ii) such Lender's Percentage of all Revolving Loan Letter of Credit Outstandings together with the aggregate outstanding principal amount of all Loans of such Lender would exceed such Lender's Percentage of the Revolving Period Commitment Amount; or (d) make any Term Loan if, after giving effect thereto (i) the aggregate original principal amount of all Term Loans would exceed the Term Period Commitment Amount or (ii) the Term Loans of such Lender would exceed such Lender's Percentage of the Term Period Commitment Amount.principal

Lenders Not Permitted or Required. To Make Loans or Issue or ----------------------------------------------------------- Participate in Letters of Credit Under Certain Circumstances. No Lender shall ------------------------------------------------------------ be permitted or required to (Aa) continue any Original Loan as a Loan hereunder or to make any Revolving Loan if, after giving effect thereto (i) (a) the aggregate outstanding principal amount of all Revolving Loans of all Lenders, plus together with all Letter of Credit Outstandings Outstandings, would exceed the Revolving Period Commitment Amount or (b) the Senior Debt would exceed the Borrowing Base then in effect Amount, or (ii) the aggregate outstanding principal amount of all Loans of such Lender, together with its Percentage of all Letter of Credit Outstandings, would exceed such Lender's Percentage of the Revolving Period Commitment Amount; , or (Bb) make any Reducing Loan if, after giving effect thereto, the aggregate outstanding principal amount of all Reducing Loans, together with all Letter of Credit Outstandings, (i) of all Lenders would exceed the Reducing Loan Commitment Amount, or (ii) of such Lender would exceed such Lender's Percentage of the Reducing Loan Commitment Amount, or (c) issue (in the case of any Issuer) or participate in (in the case of each Lender) any Letter of Credit if, after giving effect thereto (i) (a) all Letter of Credit Outstandings plus together with the aggregate outstanding principal amount of all Loans of all Lenders would exceed the Revolving Period Commitment Amount, (b) the Senior Debt would exceed the Borrowing Base then in effect, or (c) all Letter of Credit Outstandings plus the aggregate Stated Amount of all Other Letters of Credit would exceed the Letter of Credit Sublimit or (ii) such Lender's Percentage of all Letter of Credit Outstandings together with the aggregate outstanding principal amount of all Loans of such Lender would exceed such Lender's Percentage of the Revolving Period Commitment Amount; or (d) make any Term Loan if, after giving effect thereto (i) the aggregate original principal amount of all Term Loans would exceed the Term Period Commitment Amount or (ii) the Term Loans of such Lender would exceed such Lender's Percentage of the Term Period Commitment Amount.

Lenders Not Permitted or Required. To Make Loans or Issue or ----------------------------------------------------------- Participate in Revolving Letters of Credit Under Certain Circumstances. No ---------------------------------------------------------------------- Lender shall be permitted or required to (A) continue any Original Loan as a Loan hereunder or to make any Revolving Loan if, after giving effect thereto (i) (a) the aggregate outstanding principal amount of all Revolving Loans of all Lenders, plus all Revolving Loan Letter of Credit Outstandings would exceed the Revolving Period Commitment Amount or (b) the Senior Debt would exceed the Borrowing Base then in effect or (ii) the aggregate outstanding principal amount of all Loans of such Lender, together with its Percentage of all Revolving Loan Letter of Credit Outstandings, would exceed such Lender's Percentage of the Revolving Period Commitment Amount; or (B) issue (in the case of any Issuer) or participate in (in the case of each Lender) any Revolving Loan Letter of Credit if, after giving effect thereto (i) (a) all Revolving Loan Letter of Credit Outstandings plus the aggregate outstanding principal amount of all Loans of all Lenders would exceed the Revolving Period Commitment Amount, (b) the Senior Debt would exceed the Borrowing Base then in effect, or (c) all Revolving Loan Letter of Credit Outstandings plus the aggregate Stated Amount of all Other Letters of Credit would exceed the Letter of Credit Sublimit or (ii) such Lender's Percentage of all Revolving Loan Letter of Credit Outstandings together with the aggregate outstanding principal amount of all Loans of such Lender would exceed such Lender's Percentage of the Revolving Period Commitment Amount; or (d) make any Term Loan if, after giving effect thereto (i) the aggregate original principal amount of all Term Loans would exceed the Term Period Commitment Amount or (ii) the Term Loans of such Lender would exceed such Lender's Percentage of the Term Period Commitment Amount.