Limitations on Revolving Credit Loans. No requested Revolving Credit Loan shall be made if the sum of the Aggregate Outstanding Revolving Credit Extensions of Credit (after giving effect to such requested Revolving Credit Loan) would exceed the then aggregate Revolving Credit Commitments.
Appears in 2 contracts
Samples: Credit Agreement, Credit Agreement (El Paso Energy Partners Lp)
Limitations on Revolving Credit Loans. No requested Revolving Credit Loan shall be made if the sum of the Aggregate Outstanding Revolving Credit Extensions of Credit (after giving effect to such requested Revolving Credit Loan) would exceed the lesser of (a) the then aggregate Revolving Credit CommitmentsCommitments or (b) the Incurrence Limitation then in effect.
Appears in 2 contracts
Samples: Credit Agreement (El Paso Energy Partners Lp), Credit Agreement (Moray Pipeline Co LLC)
Limitations on Revolving Credit Loans. No requested Revolving Credit Loan shall be made if the sum of the Aggregate Outstanding Revolving Credit Extensions of Credit (after giving effect to such requested Revolving Credit Loan) plus the aggregate amount of Additional Clawbacks then outstanding plus the aggregate amount of Permitted L/C Obligations outstanding immediately prior to giving effect to such Revolving Credit Loan would exceed the lesser of (a) the then aggregate Revolving Credit CommitmentsCommitments or (b) the Incurrence Limitation then in effect.
Appears in 1 contract
Samples: Credit Agreement (Leviathan Gas Pipeline Partners L P)