Loans; Commitments. (a) The aggregate principal amount of the Revolving Loans (each as defined in the Existing Credit Agreement) made pursuant to the Existing Credit Agreement and outstanding on the Third Amendment Effective Date is $264,000,000 (such outstanding principal amount of the Revolving Loans, the “Existing Revolving Loans”). On the Third Amendment Effective Date, $225,000,000 of the aggregate outstanding principal amount of Existing Revolving Loans shall automatically be consolidated and converted to a term loan in the aggregate principal amount of $225,000,000 (collectively, the “Term Loans”). The remainder of the Existing Revolving Loans shall be continued as Revolving Loans hereunder. Schedule 1.1(a) sets forth the Term Loans of each Term Lender. To the extent repaid, the Term Loans may not be reborrowed.
(b) Each Revolving Credit Lender severally agrees, subject to and on the terms and conditions of this Agreement, to make loans (each, a “Revolving Loan,” and collectively, the “Revolving Loans”) to the Borrowers, from time to time on any Business Day during the period from and including the Third Amendment Effective Date to but not including the Revolving Credit Termination Date, in an aggregate principal amount at any time outstanding not exceeding its Revolving Credit Commitment, provided that no Borrowing of Revolving Loans shall be made if, immediately after giving effect thereto (and to any concurrent repayment of Swingline Loans with proceeds of Revolving Loans made pursuant to such Borrowing), (y) the Revolving Credit Exposure of any Revolving Credit Lender would exceed its Revolving Credit Commitment at such time or (z) the Aggregate Revolving Credit Exposure would exceed the aggregate Revolving Credit Commitments at such time. Subject to and on the terms and conditions of this Agreement, the Borrowers may borrow, repay and reborrow Revolving Loans.
(c) The Swingline Lender agrees, subject to and on the terms and conditions of this Agreement, to make loans (each, a “Swingline Loan,” and collectively, the “Swingline Loans”) to the Borrowers, from time to time on any Business Day during the period from the Third Amendment Effective Date to but not including the Swingline Maturity Date (or, if earlier, the Revolving Credit Termination Date), in an aggregate principal amount at any time outstanding not exceeding the Swingline Commitment. Swingline Loans may be made even if the aggregate principal amount of Swingline Loans outstanding at any time, when added...
Loans; Commitments. Pursuant to Section 2.23 of the Credit Agreement, by execution and delivery of this Term Loan Joinder, together with the satisfaction of all of the other requirements and conditions set forth in this Term Loan Joinder, each undersigned Tranche B Lender (a) shall have, on and as of the Term Loan Effective Date, a Term Loan Commitment equal to the amount set forth next to its name on Schedule 1 attached hereto, (b) shall be, and shall be deemed to be, a "Term Loan Lender" under, and as such term is defined in, the Credit Agreement and (c) severally agrees to make a Term Loan to the Borrower on the Term Loan Effective Date in an amount not to exceed the Term Loan Commitment of such Lender.
Loans; Commitments. (a) Subject to the terms and conditions hereof, each Term Loan Lender severally agrees to make a term loan (each, a “Term Loan”) to the Borrower on the Closing Date in an amount not to exceed the Term Loan Commitment of such Lender. The Term Loans may from time to time be Eurodollar Loans or ABR Loans, as determined by the Borrower and notified to the Administrative Agent in accordance with Sections 2.2 and 2.10.
(b) Subject to the terms and conditions hereof, each Revolving Lender severally agrees to make revolving credit loans (“Revolving Loans”) to the Borrower from time to time during the Revolving Commitment Period in an aggregate principal amount at any one time outstanding which, when added to such Lender’s Revolving Percentage of the sum of (i) the L/C Obligations then outstanding and (ii) the aggregate principal amount of the Swingline Loans then outstanding, does not exceed the amount of such Lender’s Revolving Commitment. During the Revolving Commitment Period the Borrower may use the Revolving Commitments by borrowing, prepaying the Revolving Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. The Revolving Loans may from time to time be Eurodollar Loans or ABR Loans, as determined by the Borrower and notified to the Administrative Agent in accordance with Sections 2.2 and 2.10.
Loans; Commitments. On the terms and subject to the conditions of this Agreement,
(a) each Lender severally agrees to make Loans (other than Swing Line Loans) pursuant to each of its Commitments and the Swing Line Lender agrees to make Swing Line Loans pursuant to the Swing Line Loan Commitment, in each case as described in this Section 2.1; and
(b) each Issuer severally agrees that it will issue Letters of Credit pursuant to Section 2.1.3, and each other Lender that has a Revolving Loan Commitment severally agrees that it will purchase participation interests in such Letters of Credit pursuant to Section 2.6.1.
Loans; Commitments. (a) Subject to the terms and conditions hereof, (i) each Tranche A Term Lender severally agrees to maintain hereunder its "Tranche A Term Loan" outstanding under the Existing Credit Agreement (each, a "Tranche A Term Loan"), (ii) each Tranche B Term Lender that was a "Tranche B Term Lender" under the Existing Credit Agreement (other than the Lenders referred to in clause (iii) below) severally agrees to maintain hereunder its Existing Tranche B Term Loan in the form of a Restated Tranche B Term Loan, (iii) the Borrower hereby offers to each Tranche B Term Lender listed on Schedule 2.1 to exchange the Existing Tranche B Term Loan set forth in said Schedule for such Tranche B Term Lender for a Restated Tranche B Term Loan in the identical principal amount and each such Tranche B Term Lender agrees on the terms and conditions set forth in this Agreement to exchange its Existing Tranche B Term Loan for a Restated Tranche B Term Loan in the identical principal amount, and (iv) each Incremental Tranche B Term Lender severally agrees to make an incremental term loan (each, an "Incremental Tranche B Term Loan"; together with the Loans referred to in clauses (ii) and (iii) above, the "Tranche B Term Loans") to the Borrower on the Restatement Effective Date in an amount not to exceed the Incremental Tranche B Term Commitment of such Lender. The Term Loans may from time to time be Eurodollar Loans or ABR Loans, as determined by the Borrower and notified to the Administrative Agent in accordance with Sections 2.2 and 2.10.
Loans; Commitments. 2 SECTION 2.02. Notes; Repayment of Tranche C Term Loans...............2 SECTION 2.03. Repayment of Tranche C Term Borrowings.................2 SECTION 2.04. Applicable Margin......................................2 SECTION 2.05. Fees...................................................2
Loans; Commitments. (a) The aggregate principal amount of all Loans (as defined in the Original Credit Agreement) made pursuant to the Original Credit Agreement and outstanding on the Closing Date (collectively, the "Existing Loans") is $91,249,913.
Loans; Commitments. Pursuant to Section 2.17 of the Credit Agreement, by execution and delivery of this Amendment, together with the satisfaction of all of the other requirements and conditions set forth in this Amendment, each undersigned Incremental Term Loan Lender (a) shall have, on and as of the Term Loan Increase Effective Date, an Incremental Term Loan Commitment equal to the amount set forth on Schedule I hereto, (b) shall be, and shall be deemed to be, a “Term Loan Lender” under, and as such term is defined in, the Credit Agreement, (c) appoints and authorizes the Administrative Agent to take such action as agent on its behalf and to exercise such powers under the Credit Agreement and the other Loan Documents as are delegated to the Administrative Agent by the terms thereof, together with such powers as are reasonably incidental thereto, (d) severally agrees to make an Incremental Term Loan to the Borrower on the Term Loan Increase Effective Date in an amount not to exceed its Incremental Term Loan Commitment and, except as otherwise set forth in this Amendment, on the same terms as those of the Initial Term B Loans as set forth in the Credit Agreement (including, without limitation, the provisions applicable to the Initial Term B Loans set forth in Section 2.08 of the Credit Agreement) and (e) shall perform all the obligations of and shall have all the rights of a Lender thereunder. Any reference in the Loan Documents to Term Loans shall be deemed, unless the context otherwise requires, to include references to the Incremental Term Loans.
Loans; Commitments. 24 SECTION 2.02. LOANS........................................................ 26 SECTION 2.03.
Loans; Commitments. 29 Loans ..................................................................................................32
