Loan Commitment. (a) Subject to the terms and conditions set forth herein, the Lender agrees to make revolving loans (each, a “Loan” and, collectively, the “Loans”) to the Borrower during the Availability Period in an aggregate principal amount at any time outstanding not to exceed the Loan Commitment. (b) During the Availability Period, the Borrower shall be entitled to borrow, prepay or repay, and re-borrow the Loans in accordance with the provisions hereof.
Appears in 4 contracts
Samples: Revolving Loan Agreement, Revolving Loan Agreement (Hoegh LNG Partners LP), Revolving Loan Agreement (Hoegh LNG Partners LP)
Loan Commitment. (a) Subject to the terms and conditions set forth herein, the Lender agrees to make revolving loans (each, a “Loan” and, collectively, the “Loans”) to the Borrower during the Availability Period in an aggregate principal amount at any time outstanding not to exceed the Loan Commitment.
(b) During the Availability Period, the Borrower shall be entitled to borrow, prepay or repay, and re-borrow reborrow the Loans in accordance with the provisions hereof.
Appears in 3 contracts
Samples: Senior Unsecured Revolving Credit Agreement, Senior Unsecured Revolving Credit Agreement (CVR Refining, LP), Senior Unsecured Revolving Credit Agreement (CVR Refining, LP)
Loan Commitment. (a) Subject to the terms and conditions set forth herein, the Lender agrees to make revolving loans (each, each a “Loan” and, collectively, the “Loans”) to the Borrower during the Availability Period in an aggregate principal amount at any time outstanding not to exceed the Loan Commitment. The Loans shall be used for the purposes set forth in Section 4.5.
(b) During the Availability Period, the Borrower shall be entitled to borrow, prepay or repay, and re-borrow reborrow the Loans in accordance with the provisions hereof.
Appears in 2 contracts
Samples: Senior Unsecured Revolving Credit Agreement, Senior Unsecured Revolving Credit Agreement (Westlake Chemical Partners LP)
