Loan Facility. Upon a request by any Borrower pursuant to Section 2.02, and on the terms and subject to the conditions hereinafter set forth, each Lender shall, ratably in accordance with its respective Commitments, severally and not jointly, make Loans to the applicable Borrower from time to time during the period from the Closing Date to the Termination Date. Under no circumstances shall any Lender be obligated to make any such Loan if, after giving effect to such Loan: (i) the Aggregate Capital would exceed the Facility Limit at such time; (ii) the aggregate outstanding Capital of such Lender would exceed its Commitment; or (iii) the Aggregate Capital would exceed the Borrowing Base at such time.
Appears in 4 contracts
Samples: Receivables Financing Agreement (Lamar Media Corp/De), Receivables Financing Agreement (Lamar Media Corp/De), Receivables Financing Agreement (Lamar Media Corp/De)
Loan Facility. Upon a request by any the Borrower pursuant to Section 2.02, and on the terms and subject to the conditions hereinafter set forth, each Lender the Lenders shall, ratably in accordance with its their respective Commitments, severally and not jointly, make Loans to the applicable Borrower from time to time during the period from the Closing Date to the Termination Date. Under no circumstances shall any Lender be obligated to make any such Loan if, after giving effect to such Loan:
(i) the Aggregate Capital would exceed the Facility Limit at such time;
(ii) the aggregate outstanding Capital of such Lender would exceed its Commitment; or
(iii) the Aggregate Capital would exceed the Borrowing Base at such time.
Appears in 3 contracts
Samples: Receivables Financing Agreement (Owens & Minor Inc/Va/), Receivables Financing Agreement (PRA Health Sciences, Inc.), Receivables Financing Agreement (PRA Health Sciences, Inc.)
Loan Facility. Upon a request by any the Borrower pursuant to Section 2.02, and on the terms and subject to the conditions hereinafter set forth, each Lender shall, ratably ratably, in accordance with its respective Commitments, severally and not jointly, make Loans to the applicable Borrower on a revolving basis from time to time during the period from the Closing Date to the Termination Date. Under no circumstances shall any Lender be obligated to make any such Loan if, after giving effect to such Loan:
(ia) the Aggregate Capital Principal would exceed the Facility Limit at such time;
(iib) the aggregate outstanding Capital Principal of such Lender would exceed its Commitment; or
(iiic) the Aggregate Capital Principal would exceed the Borrowing Base at such time.
Appears in 2 contracts
Samples: Receivables Financing Agreement (Sylvamo Corp), Receivables Financing Agreement (Sylvamo Corp)
Loan Facility. Upon a request by any the Borrower pursuant to Section 2.02, and on the terms and subject to the conditions hereinafter set forth, each Lender shall, ratably in accordance with its respective Commitments, severally and not jointly, make Loans to the applicable Borrower from time to time during the period from the Closing Date to the Termination Date. Under no circumstances shall any Lender be obligated to make any such Loan if, after giving effect to such Loan:
(i) the Aggregate Capital Principal would exceed the Facility Limit at such time;
(ii) the aggregate outstanding Capital Principal of such Lender would exceed its Commitment; or
(iii) the Aggregate Capital Principal would exceed the Borrowing Base at such time.
Appears in 2 contracts
Samples: Receivables Financing Agreement (Worthington Industries Inc), Receivables Financing Agreement (Worthington Industries Inc)
Loan Facility. Upon a request by any the Borrower pursuant to Section 2.02, and on the terms and subject to the conditions hereinafter set forth, each Lender shall, ratably in accordance with its respective CommitmentsCommitment, severally and not jointly, make Loans to the applicable Borrower from time to time during the period from the Closing Date to the Termination Date. Under no circumstances shall any Lender be obligated to make any such Loan if, after giving effect to such Loan:
(i) the Aggregate Capital would exceed the Facility Limit at such time;
(ii) the aggregate outstanding Capital of such Lender would exceed its Commitment; or
(iii) the Aggregate Capital would exceed the Borrowing Base at such time.
Appears in 2 contracts
Samples: Receivables Financing Agreement (EnLink Midstream, LLC), Receivables Financing Agreement (EnLink Midstream Partners, LP)
Loan Facility. Upon a request by any the Borrower pursuant to Section 2.02, and on the terms and subject to the conditions hereinafter set forth, each the Lender shall, ratably in accordance with its respective Commitments, severally and not jointlyCommitment, make Loans to the applicable Borrower on a revolving basis from time to time during the period from the Closing Date to the Termination Date. Under no circumstances shall any the Lender be obligated to make any such Loan if, after giving effect to such Loan:
(ia) the Aggregate Capital would exceed the Facility Limit at such time;
(iib) the aggregate outstanding Capital of such the Lender would exceed its Commitment; or
(iiic) the Aggregate Capital would exceed the Borrowing Base at such time.
Appears in 2 contracts
Samples: Receivables Financing Agreement (Waystar Holding Corp.), Receivables Financing Agreement (Waystar Holding Corp.)
Loan Facility. Upon a request by any the Borrower pursuant to Section 2.02, and on the terms and subject to the conditions hereinafter set forth, each Lender shall, ratably in accordance with its respective CommitmentsCommitment, severally and not jointly, make Loans to the applicable Borrower from time to time during the period from the Closing Date to the Termination Date. Under no circumstances shall any Lender be obligated to make any such Loan if, after giving effect to such Loan:
(i) the Aggregate Capital Principal would exceed the Facility Limit at such timeLimit;
(ii) the aggregate outstanding Capital of such Lender Lender’s Principal would exceed its such Lender’s Commitment; or
(iii) the Aggregate Capital Principal would exceed the Borrowing Base at such timeBase.
Appears in 2 contracts
Samples: Receivables Financing Agreement (Evoqua Water Technologies Corp.), Receivables Financing Agreement (Evoqua Water Technologies Corp.)
Loan Facility. Upon a request by any the Borrower pursuant to Section 2.02, and on the terms and subject to the conditions hereinafter set forth, each Lender shall, ratably in accordance with its respective CommitmentsCommitment, severally and not jointly, make Loans to the applicable Borrower from time to time during the period from the Closing Date to the Termination Date. Under no circumstances shall any Lender be obligated to make any such Loan if, after giving effect to such Loan:
(i) the Aggregate Capital Principal would exceed the Facility Limit at such timeLimit;
(ii) the aggregate outstanding Capital of such Lender Xxxxxx’s Principal would exceed its such Xxxxxx’s Commitment; or
(iii) the Aggregate Capital Principal would exceed the Borrowing Base at such timeBase.
Appears in 1 contract
Samples: Receivables Financing Agreement (Evoqua Water Technologies Corp.)
Loan Facility. Upon a request by any the Borrower pursuant to Section 2.02, and on the terms and subject to the conditions hereinafter set forth, each Lender the Lenders shall, ratably in accordance with its their respective Commitments, severally and not jointly, make Loans to the applicable Borrower from time to time during the period from the Closing Date to the Termination Date. Under no circumstances shall any Lender be obligated to make any such Loan if, after giving effect to such Loan:
(i) the Aggregate Capital Loan Amount would exceed the Facility Limit at such time;
(ii) the aggregate outstanding Capital Loan Amount of such Lender would exceed its Commitment; or
(iii) the Aggregate Capital Loan Amount would exceed the Borrowing Base at such time.. 30
Appears in 1 contract
Samples: Receivables Financing Agreement (Compass Minerals International Inc)
Loan Facility. Upon a request by any the Borrower pursuant to Section 2.02, and on the terms and subject to the conditions hereinafter set forth, each Lender lender shall, ratably in accordance with its respective Commitments, severally and not jointly, make Loans to the applicable Borrower from time to time during the period from the Closing Date to the Termination Date. Under no circumstances shall any Lender be obligated to make any such Loan if, after giving effect to such Loan:
(i) the Aggregate Capital Principal would exceed the Facility Limit at such time;
(ii) the aggregate outstanding Capital Principal of such Lender would exceed its Commitment; or
(iii) the Aggregate Capital Principal would exceed the Borrowing Base at such time.
Appears in 1 contract
Samples: Receivables Financing Agreement (Aveanna Healthcare Holdings, Inc.)
Loan Facility. Upon a request by any the Borrower pursuant to Section 2.02, and on the terms and subject to the conditions hereinafter set forth, each Lender the Lenders shall, ratably in accordance with its their respective Commitments, severally and not jointly, make Loans to the applicable Borrower from time to time during the period from the Closing Date to the Termination Date. Under no circumstances shall any Lender be obligated to make any such Loan if, after giving effect to such Loan:
: (i) the Aggregate Capital Loan Amount would exceed the Facility Limit at such time;
; (ii) the aggregate outstanding Capital Loan Amount of such Lender would exceed its Commitment; or
or (iii) the Aggregate Capital Loan Amount would exceed the Borrowing Base at such time.
Appears in 1 contract
Samples: Receivables Financing Agreement (Compass Minerals International Inc)
Loan Facility. Upon a request by any the Borrower pursuant to Section 2.02, and on the terms and subject to the conditions hereinafter set forth, each Lender the Lenders shall, ratably in accordance with its their respective Commitments, severally and not jointly, make Loans to the applicable Borrower from time to time during the period from the Closing Date to the 738967635 16499153 Termination Date. Under no circumstances shall any Lender be obligated to make any such Loan if, after giving effect to such Loan:
(i) the Aggregate Capital would exceed the Facility Limit at such time;
(ii) the aggregate outstanding Capital of such Lender would exceed its Commitment; or
(iii) the Aggregate Capital would exceed the Borrowing Base at such time.
Appears in 1 contract
Samples: Receivables Financing Agreement (PRA Health Sciences, Inc.)
Loan Facility. Upon a request by any the Borrower pursuant to Section 2.02, and on the terms and subject to the conditions hereinafter set forth, each Lender the Lenders shall, ratably in accordance with its their respective Commitments, severally and not jointly, make Loans to the applicable Borrower from time to time during the period from the Closing Date to the Termination Date. Under no circumstances shall any Lender be obligated to make any such Loan if, after giving effect to such Loan:
(i) : the Aggregate Capital Loan Amount would exceed the Facility Limit at such time;
(ii) ; the aggregate outstanding Capital Loan Amount of such Lender would exceed its Commitment; or
(iii) or the Aggregate Capital Loan Amount would exceed the Borrowing Base at such time.
Appears in 1 contract
Samples: Receivables Financing Agreement (Compass Minerals International Inc)
Loan Facility. Upon a request by any the Borrower pursuant to Section 2.02, and on the terms and subject to the conditions hereinafter set forth, each Lender shall, ratably in accordance with its their respective Commitments, severally and not jointly, make Loans to the applicable Borrower from time to time during the period from the Closing Date to the Termination Date. Under no circumstances shall any Lender be obligated to make any such Loan if, after giving effect to such Loan:
(i) the Aggregate Capital would exceed the Facility Limit at such time;
(ii) the aggregate outstanding Capital of such Lender would exceed its Commitment; or
(iii) the Aggregate Capital would exceed the Borrowing Base at such time.
Appears in 1 contract
Samples: Receivables Financing Agreement (Syneos Health, Inc.)