Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Loan”) to the Borrower in Dollars from time to time on any Business Day during the Availability Period in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that after giving effect to any Borrowing of Loans, (a) the Total Revolving Outstandings shall not exceed the Aggregate Commitments and (b) the aggregate Outstanding Amount of Loans of any Lender plus such Lender’s Applicable Percentage of the aggregate Outstanding Amount of L/C Obligations shall not exceed such Lender’s Commitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay under Section 2.04, and reborrow under this Section 2.01. Loans may be Base Rate Loans or LIBOR Rate Loans, or a combination thereof, as further provided herein.
Appears in 6 contracts
Samples: Credit Agreement (Tennessee Valley Authority), September Maturity Credit Agreement (Tennessee Valley Authority), Credit Agreement (Tennessee Valley Authority)
Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Loan”) to the Borrower in Dollars from time to time time, on any Business Day during the Availability Period Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that after giving effect to any Borrowing of LoansBorrowing, (ai) the Total Revolving Outstandings shall not exceed the Aggregate Commitments Commitments, and (bii) the aggregate Outstanding Amount of the Loans of any Lender Lender, plus such Lender’s Applicable Percentage of the aggregate Outstanding Amount of all L/C Obligations shall not exceed such Lender’s Commitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay under Section 2.04, and reborrow under this Section 2.01. Loans may be Base Rate Loans or LIBOR Eurodollar Rate Loans, or a combination thereof, as further provided herein.
Appears in 5 contracts
Samples: Credit Agreement (DPL Inc), Credit Agreement (Tower Group, Inc.), Credit Agreement (Tower Group, Inc.)
Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Loan”) in Dollars to the Borrower in Dollars from time to time time, on any Business Day during the Availability Period Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that after giving effect to any Borrowing of LoansBorrowing, (ai) the Total Revolving Outstandings shall not exceed the Aggregate Commitments Commitments, and (bii) the aggregate Outstanding Amount of the Loans of any Lender Lender, plus such Lender’s Applicable Percentage Pro Rata Share of the aggregate Outstanding Amount of all L/C Obligations and Swing Line Loans shall not exceed such Lender’s Commitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay under Section 2.042.05, and reborrow under this Section 2.01. Loans may be Base Rate Loans or LIBOR Eurodollar Rate Loans, or a combination thereof, as further provided herein.
Appears in 4 contracts
Samples: Credit Agreement (Qep Resources, Inc.), Credit Agreement (QEP Midstream Partners, LP), Credit Agreement (QEP Midstream Partners, LP)
Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “"Loan”") to the Borrower in Dollars from time to time time, on any Business Day during the Availability Period Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s 's Commitment; provided, however, that after giving effect to any Borrowing of LoansBorrowing, (ai) the Total Revolving Outstandings shall not exceed the Aggregate Commitments Commitments, and (bii) the aggregate Outstanding Amount of the Loans of any Lender Lender, plus such Lender’s Applicable Percentage 's Pro Rata Share of the aggregate Outstanding Amount of all L/C Obligations shall not exceed such Lender’s 's Commitment. Within the limits of each Lender’s 's Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay under Section 2.04, and reborrow under this Section 2.01. Loans may be Base Rate Loans or LIBOR Eurodollar Rate Loans, or a combination thereof, as further provided herein.
Appears in 3 contracts
Samples: Credit Agreement (Oneok Inc /New/), Credit Agreement (St Jude Medical Inc), Credit Agreement (Pactiv Corp)
Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Loan”) in Dollars to the Borrower in Dollars Borrowers from time to time time, on any Business Day during the Availability Period in an aggregate amount not to exceed at any time outstanding the amount of such LenderXxxxxx’s CommitmentApplicable Percentage of the then Aggregate Commitments; provided, however, that after giving effect to any Borrowing of LoansBorrowing, (ai) the Total Revolving Outstandings Outstanding Amount shall not exceed the Aggregate Commitments and (bii) the aggregate Outstanding Amount principal amount of each Lender’s outstanding Loans of any Lender plus shall not exceed such Lender’s Applicable Percentage of the aggregate Outstanding Amount of L/C Obligations shall not exceed such Lender’s CommitmentAggregate Commitments. Within the limits of each Lender’s CommitmentCommitment and the Aggregate Commitments, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01, prepay under Section 2.042.03, and reborrow under this Section 2.01. Loans may be Base Rate Loans or LIBOR Rate SOFR Loans, or a combination thereof, as further provided herein.
Appears in 3 contracts
Samples: Credit Agreement (Athene Holding Ltd.), Credit Agreement (Athene Holding LTD), Credit Agreement (Athene Holding LTD)
Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Loan”) to the Borrower in Dollars Borrowers from time to time time, on any Business Day during the such Lender’s Availability Period Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that after giving effect to any Borrowing of LoansBorrowing, (ai) the Total Revolving Outstandings shall not exceed the Aggregate Commitments Commitments, and (bii) the aggregate Outstanding Amount of the Loans of any Lender Lender, plus such Lender’s Applicable Percentage of the aggregate Outstanding Amount of all L/C Obligations owing to such Lender (whether as an issuer or as a participant) shall not exceed such Lender’s CommitmentCommitment (except as provided in clauses (A), (D) and (E), as applicable, of Section 2.03(a)(i) for the Fronting L/C Issuer or a Limited Fronting Lender). Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the any Borrower or all Borrowers may borrow under this Section 2.01, prepay under Section 2.04, and reborrow under this Section 2.01. Loans may be Base Rate Loans or LIBOR Eurodollar Rate Loans, or a combination thereof, as further provided herein. The obligations of the Borrowers to repay Loans and L/C Obligations shall be several, not joint.
Appears in 3 contracts
Samples: Five Year Credit Agreement (Metlife Inc), 364 Day Credit Agreement (Metlife Inc), Year Credit Agreement (Metlife Inc)
Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Loan”) to the Borrower in Dollars from time to time time, on any Business Day during the Availability Period Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, provided that after giving effect to any Borrowing of LoansBorrowing, (a) the Total Revolving Outstandings shall not exceed the Aggregate Commitments Available Loan Amount, and (b) the aggregate Outstanding Amount of the Loans of any Lender plus such Lender’s Applicable Percentage of the aggregate Outstanding Amount of all L/C Obligations shall not exceed such Lender’s Commitment. Within the limits of each Lender’s CommitmentCommitment and the Available Loan Amount, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay under Section 2.04, and reborrow under this Section 2.01. Loans may be Base Rate Loans or LIBOR Eurodollar Rate Loans, or a combination thereof, as further provided herein.
Appears in 3 contracts
Samples: Credit Agreement (DLC Realty Trust, Inc.), Credit Agreement (DLC Realty Trust, Inc.), Credit Agreement (DLC Realty Trust, Inc.)
Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Loan”) to the Borrower Borrowers in Dollars or in one or more Alternative Currencies from time to time time, on any Business Day during the Availability Period Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that after giving effect to any Borrowing of LoansBorrowing, (ai) the Total Revolving Outstandings shall not exceed the Aggregate Commitments and Commitments, (bii) the aggregate Outstanding Amount of Loans Revolving Credit Exposure of any Lender plus such Lender’s Applicable Percentage of the aggregate Outstanding Amount of L/C Obligations shall not exceed such Lender’s Commitment, and (iii) the aggregate Outstanding Amount of all Loans denominated in Alternative Currencies shall not exceed the Alternative Currency Sublimit. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01Section, prepay under Section 2.042.03, and reborrow under this Section 2.01Section. Loans may be Base Rate Loans or LIBOR Eurocurrency Rate Loans, or a combination thereof, as further provided herein.
Appears in 3 contracts
Samples: Credit Agreement, Credit Agreement (Amazon Com Inc), Credit Agreement (Amazon Com Inc)
Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Loan”) to the each Borrower in Yen or in Dollars from time to time time, on any Business Day during the Availability Period Period, in an aggregate amount for the Borrowers not to exceed at any time outstanding the amount of such Xxxxxx's Commitment (and, for each Lender’s Commitment, the amount of its Applicable Percentage of the applicable Borrowing); provided, however, that after giving effect to any Borrowing of LoansBorrowing, (ai) the Total Revolving Outstandings Outstanding Amount of the Loans shall not exceed the Aggregate Commitments Commitments, and (bii) the aggregate Outstanding Amount of Loans Revolving Credit Exposure of any Lender plus such Lender’s Applicable Percentage of the aggregate Outstanding Amount of L/C Obligations shall not exceed such Lender’s Xxxxxx's Commitment. Within the limits of each Lender’s 's Commitment, and subject to the other terms and conditions hereof, the any Borrower may borrow under this Section 2.01, prepay under Section 2.042.03, and reborrow under this Section 2.01. Loans may be Base Rate Loans or LIBOR Eurocurrency Rate Loans, or a combination thereof, as further provided herein.
Appears in 2 contracts
Samples: Assignment and Assumption (Aflac Inc), Assignment and Assumption (Aflac Inc)
Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Loan”) to the Borrower in Dollars Borrowers from time to time time, on any Business Day during the Availability Period Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that after giving effect to any Borrowing of LoansBorrowing, (ai) the Total Revolving Outstandings shall not exceed the lesser of (A) the Aggregate Commitments and (bB) the Borrowing Base, and (ii) the aggregate Outstanding Amount of the Loans of any Lender Lender, plus such Lender’s Applicable Percentage Pro Rata Share of the aggregate Outstanding Amount of all L/C Obligations Obligations, shall not exceed such Lender’s Commitment. In no event shall Lenders have any obligation to honor a request for a Loan if the unpaid balance of Loans and L/C Obligations outstanding at such time (including the requested Loan) would exceed Availability. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01, prepay under Section 2.04, and reborrow under this Section 2.01. Loans may be Base Rate Loans or LIBOR Eurodollar Rate Loans, or a combination thereof, as further provided herein.
Appears in 2 contracts
Samples: Credit Agreement (Imation Corp), Credit Agreement (Imation Corp)
Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Loan”) Loans to the Borrower in Dollars from time to time time, on any Business Day during the Availability Period Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that after giving effect to any Borrowing of LoansBorrowing, (a) the Total Revolving Outstandings shall not exceed the lesser of (i) the Aggregate Commitments and (ii) Borrowing Base Availability minus Borrowing Base Debt other than the Obligations; (b) the aggregate Outstanding Amount of Loans outstanding Borrowing Base Debt shall not exceed Borrowing Base Availability; and (c) the Revolving Credit Exposure of any Lender plus such Lender’s Applicable Percentage of the aggregate Outstanding Amount of L/C Obligations shall not exceed such Lender’s Commitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay under Section 2.04, and reborrow under this Section 2.01. Loans may be Base Rate Loans or LIBOR Eurodollar Rate Loans, or a combination thereof, as further provided herein.
Appears in 2 contracts
Samples: Credit Agreement (Dream Finders Homes, Inc.), Credit Agreement (Dream Finders Homes, Inc.)
Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make revolving loans (each such loan, a “Loan”) to the Borrower in Dollars from time to time time, on any Business Day during the Availability Period Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that after giving effect to any Borrowing of LoansBorrowing, (a) the Total Revolving Outstandings shall not exceed the Aggregate Commitments Commitments, and (b) the aggregate Outstanding Amount of the Loans of any Lender plus such Lender’s Applicable Percentage of the aggregate Outstanding Amount of all L/C Obligations shall not exceed such Lender’s Commitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay under Section 2.04, and reborrow under this Section 2.01. Loans may be Base Rate Loans or LIBOR Eurodollar Rate Loans, or a combination thereof, as further provided herein.
Appears in 2 contracts
Samples: Assignment and Assumption (Temple Inland Inc), Credit Agreement (Temple Inland Inc)
Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Loan”) to the Borrower in Dollars from time to time time, on any Business Day during the Availability Period Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that after giving effect to any Borrowing of LoansBorrowing, (a) the Total Revolving Outstandings shall not exceed the Aggregate Commitments Commitments, and (b) the aggregate Outstanding Amount of the Loans of any Lender Lender, plus such Lender’s Applicable Percentage of the aggregate Outstanding Amount of all L/C Obligations shall not exceed such Lender’s Commitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay under Section 2.04, and reborrow under this Section 2.01. Loans may be Base Rate Loans or LIBOR Eurodollar Rate Loans, or a combination thereof, as further provided herein.
Appears in 2 contracts
Samples: Credit Agreement (Gulfport Energy Corp), Credit Agreement (Gulfport Energy Corp)
Loans. (a) Subject to the terms and conditions set forth herein, each Revolving Lender severally agrees to make loans (each such loan, a “Revolving Loan”) to the Borrower Borrowers in Dollars and one or more Alternative Currencies from time to time on any Business Day during the Availability Period in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving Loans, (ai) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments and (bii) the aggregate Outstanding Amount of Loans Revolving Exposure of any Lender plus such Lender’s Applicable Percentage of the aggregate Outstanding Amount of L/C Obligations shall not exceed such Lender’s Revolving Commitment. Within the limits of each Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01, prepay under Section 2.042.05, and reborrow under this Section 2.01. Revolving Loans may be Base Rate Loans or LIBOR Eurocurrency Rate Loans, or a combination thereof, as further provided herein.
Appears in 2 contracts
Samples: Credit Agreement (Global Payments Inc), Credit Agreement (Global Payments Inc)
Loans. Subject to the terms and conditions set forth herein, each ----- Lender severally agrees to make loans (each such loan, a “"Loan”") to the Borrower in Dollars from time to time on any Business Day during the Availability Period period from the Closing Date to the Maturity Date, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s 's Commitment; provided, however, provided that after giving effect to any Borrowing of LoansBorrowing, (a) the Total Revolving Outstandings aggregate Outstanding Amount of all Loans and L/C Obligations shall not exceed the Aggregate Commitments and (b) the aggregate Outstanding Amount of the Loans of any Lender plus such Lender’s Applicable Percentage 's Pro Rata Share of the aggregate Outstanding Amount of all L/C Obligations shall not exceed such Lender’s 's Commitment. Within the limits of each Lender’s 's Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay under Section 2.04, 2.04 and reborrow under this Section 2.01. Loans may be Base Rate Loans or LIBOR Eurodollar Rate Loans, or a combination thereof, as further provided herein.
Appears in 2 contracts
Samples: Credit Agreement (FMC Technologies Inc), Credit Agreement (FMC Technologies Inc)
Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Loan”) to the Borrower in Dollars from time to time time, on any Business Day during the Availability Period Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that after giving effect to any Borrowing of LoansBorrowing, (ai) the Total Revolving Outstandings shall not exceed the Aggregate Commitments Commitments, and (bii) the aggregate Outstanding Amount of the Loans of any Lender Lender, plus such Lender’s Applicable Percentage of the aggregate Outstanding Amount of all L/C Obligations Obligations, shall not exceed such Lender’s Commitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay under Section 2.04, and reborrow under this Section 2.01. Loans may be Base Rate Loans or LIBOR Eurodollar Rate Loans, or a combination thereof, as further provided herein.
Appears in 2 contracts
Samples: Credit Agreement (Spartech Corp), Credit Agreement (Symyx Technologies Inc)
Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Loan”) to the Borrower in Dollars from time to time time, on any Business Day during the Availability Period Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that after giving effect to any Borrowing of LoansBorrowing, (ai) the Total Revolving Outstandings shall not exceed the Aggregate Commitments Commitments, and (bii) the aggregate Outstanding Amount of the Loans of any Lender Lender, plus such Lender’s Applicable Percentage of the aggregate Outstanding Amount of all L/C Obligations shall not exceed such Lender’s Commitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay under Section 2.042.05, and reborrow under this Section 2.01. Loans may be Base Rate Loans or LIBOR Eurodollar Rate Loans, or a combination thereof, as further provided herein.
Appears in 2 contracts
Samples: Credit Agreement (Copano Energy, L.L.C.), Credit Agreement (Copano Energy, L.L.C.)
Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Loan”) to the Borrower in Dollars from time to time on any Business Day during the Availability Period period from the Closing Date to the Maturity Date in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s 's Commitment; providedprovided that, however, that after giving effect to any Borrowing of LoansBorrowing, (a) the Total Revolving Outstandings shall not exceed the Aggregate Commitments and (bi) the aggregate Outstanding Amount of all Loans and L/C Obligations shall not exceed the Aggregate Commitments, and (ii) the aggregate Outstanding Amount of the Loans of any Lender plus such Lender’s Applicable Percentage 's Pro Rata Share of the aggregate Outstanding Amount of all L/C Obligations shall not exceed such Lender’s 's Commitment. Within the limits of each Lender’s 's Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay under Section 2.04, and reborrow under this Section 2.01. Loans may be Base Rate Loans or LIBOR Eurodollar Rate Loans, or a combination thereof, as further provided herein.
Appears in 2 contracts
Samples: Assignment and Assumption Agreement (Granite Construction Inc), Credit Agreement (Granite Construction Inc)
Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Loan”) to the Borrower in Dollars from time to time on any Business Day during the Availability Period in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s 's Commitment; provided, however, that after giving effect to any Borrowing of Loans, (a) the Total Revolving Outstandings shall not exceed the Aggregate Commitments and (b) the aggregate Outstanding Amount of Loans of any Lender plus such Lender’s 's Applicable Percentage of the aggregate Outstanding Amount of L/C Obligations shall not exceed such Lender’s 's Commitment. Within the limits of each Lender’s 's Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay under Section 2.04, and reborrow under this Section 2.01. Loans may be Base Rate Loans or LIBOR Rate Loans, or a combination thereof, as further provided herein.
Appears in 2 contracts
Samples: Credit Agreement (Tennessee Valley Authority), Credit Agreement (Tennessee Valley Authority)
Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Committed Loan”) to the Borrower in Dollars from time to time time, on any Business Day during the Availability Period Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that after giving effect to any Borrowing of LoansBorrowing, (ai) the Total Revolving Outstandings shall not exceed the Aggregate Commitments Commitments, and (bii) the aggregate Outstanding Amount of the Committed Loans of any Lender Lender, plus such Lender’s Applicable Percentage of the aggregate Outstanding Amount of all L/C Obligations shall not exceed such Lender’s Commitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay under Section 2.04, and reborrow under this Section 2.01. Committed Loans may be Base Rate Loans or LIBOR Eurodollar Rate Loans, or a combination thereof, as further provided herein.
Appears in 2 contracts
Samples: Credit Agreement (American Midstream Partners, LP), Credit Agreement (American Midstream Partners, LP)
Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Loan”) to the Borrower in Dollars from time to time on any Business Day during the Availability Period in an aggregate amount not to exceed at any time outstanding the amount of such LenderLxxxxx’s Commitment; provided, however, that after giving effect to any Borrowing of Loans, (a) the Total Revolving Outstandings shall not exceed the Aggregate Commitments and (b) the aggregate Outstanding Amount of Loans of any Lender plus such Lender’s Applicable Percentage of the aggregate Outstanding Amount of L/C Obligations shall not exceed such LenderLxxxxx’s Commitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay under Section 2.04, and reborrow under this Section 2.01. Loans may be Base Rate Loans or LIBOR Rate Loans, or a combination thereof, as further provided herein.
Appears in 2 contracts
Samples: Credit Agreement (Tennessee Valley Authority), Credit Agreement (Tennessee Valley Authority)
Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Loan”) to the Borrower in Dollars from time to time on any Business Day during the Availability Period in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that after giving effect to any Borrowing of Loans, (a) the Total Revolving Outstandings shall not exceed the Aggregate Commitments and (b) the aggregate Outstanding Amount of Loans of any Lender plus such Lender’s Applicable Percentage of the aggregate Outstanding Amount of L/C Obligations shall not exceed such Lender’s Commitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay under Section 2.04, and reborrow under this Section 2.01. Loans may be Base Rate Loans or LIBOR Rate Loans, or a combination thereof, as further provided herein.
Appears in 2 contracts
Samples: Spring Maturity Credit Agreement (Tennessee Valley Authority), Fall Maturity Credit Agreement (Tennessee Valley Authority)
Loans. Subject to Section 11.18 and the other terms and conditions set forth herein, each Lender severally agrees to make loans in Dollars (each such loan, a “Loan”) to the a Borrower in Dollars from time to time time, on any Business Day during the Availability Period Period, in an aggregate principal amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that after giving effect to any Borrowing of LoansBorrowing, (ai) the Total Revolving Outstandings shall not exceed the Aggregate Commitments Maximum Revolving Credit and (bii) the aggregate Outstanding Amount of the Loans of any Lender Lender, plus such Lender’s Applicable Percentage of the aggregate Outstanding Amount of all L/C Obligations shall not exceed such Lender’s Commitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the any Borrower may borrow under this Section 2.01, prepay under Section 2.042.05(f), and reborrow under this Section 2.01. The Loans may be Base Rate Loans or LIBOR Eurocurrency Rate Loans, or a combination thereof, as further provided herein.
Appears in 2 contracts
Samples: Asset Based Revolving Credit Agreement (Warrior Met Coal, Inc.), Asset Based Revolving Credit Agreement (Warrior Met Coal, LLC)
Loans. Subject to the terms and conditions set forth hereinherein (which conditions, in the case of Loans made on the Closing Date, shall be limited to the occurrence of the Closing Date), each Lender severally agrees to make loans (each such loan, a “Loan”) to the Borrower in Dollars from time to time time, on any Business Day during the Availability Period in an aggregate amount (i) in accordance with its Applicable Percentage and (ii) not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that after giving effect to any Borrowing of LoansBorrowing, (ai) the Total total Revolving Outstandings Credit Exposure of all Lenders shall not exceed the Aggregate Commitments and (bii) the aggregate Outstanding Amount of Loans Revolving Credit Exposure of any Lender plus such Lender’s Applicable Percentage of the aggregate Outstanding Amount of L/C Obligations shall not exceed such Lender’s Commitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay under Section 2.042.05, and reborrow under this Section 2.01. Loans may be Base Rate Loans or LIBOR Eurocurrency Rate Loans, or a combination thereof, as further provided herein.
Appears in 1 contract
Samples: Credit Agreement (Broadcom Inc.)
Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make revolving loans (each such loan, a “LoanLoans”) to the Borrower in Dollars from time to time time, on any Business Day during the Availability Period Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that after giving effect to any Borrowing of LoansBorrowing, (ai) the Total Revolving Outstandings shall not exceed the Aggregate Commitments Commitments, and (bii) the aggregate Outstanding Amount of the Loans of any Lender plus such Lender’s Applicable Percentage of the aggregate Outstanding Amount of all L/C Obligations shall not exceed such Lender’s Commitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay under Section 2.04, and reborrow under this Section 2.01. Loans may be Base Rate Loans or LIBOR Eurodollar Rate Loans, or a combination thereof, as further provided herein.. Table of Contents
Appears in 1 contract
Samples: Credit Agreement (Temple Inland Inc)
Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “"Loan”") to the Borrower in Dollars from time to time time, on any Business Day during the Availability Period Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s 's Commitment; provided, however, that after giving effect to any Borrowing of LoansBorrowing, (ai) the Total Revolving Outstandings shall not exceed the Aggregate Commitments lesser of (x) the Borrowing Base and (by) the Aggregate Commitments, and (ii) the aggregate Outstanding Amount of the Loans of any Lender Lender, plus such Lender’s Applicable Percentage 's Pro Rata Share of the aggregate Outstanding Amount of all L/C Obligations shall not exceed such Lender’s 's Commitment. Within the limits of each Lender’s 's Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay under Section 2.042.05, and reborrow under this Section 2.01. Loans may be Base Rate Loans or LIBOR Eurodollar Rate Loans, or a combination thereof, as further provided herein.. 30 Xxxxx Corporation Credit Agreement
Appears in 1 contract
Samples: Credit Agreement (Holly Corp)
Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Revolving Credit Loan”) to the Borrower in Dollars Borrowers from time to time time, on any Business Day during the Availability Period Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that after giving effect to any Borrowing of LoansRevolving Credit Borrowing, (ai) the Total Revolving Outstandings shall not exceed the lesser of (A) the Aggregate Commitments and (bB) the aggregate Outstanding Amount of Loans Borrowing Base and (ii) the Revolving Credit Exposure of any Lender plus such Lender’s Applicable Percentage of the aggregate Outstanding Amount of L/C Obligations shall not exceed such Lender’s CommitmentCommitment (except for Loans made pursuant to Sections 2.02(f) and (g) below). Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01, prepay under Section 2.042.05, and reborrow under this Section 2.01. Revolving Credit Loans may be Base Rate Loans or LIBOR Eurodollar Rate Loans, or a combination thereof, as further provided herein.
Appears in 1 contract
Samples: Credit Agreement (Power One Inc)
Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Loan”) in Dollars to the Borrower in Dollars Borrowers from time to time time, on any Business Day during the Availability Period in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s CommitmentApplicable Percentage of the then Aggregate Commitments; provided, however, that after giving effect to any Borrowing of LoansBorrowing, (ai) the Total Revolving Outstandings Outstanding Amount shall not exceed the Aggregate Commitments and (bii) the aggregate Outstanding Amount principal amount of each Lender’s outstanding Loans of any Lender plus shall not exceed such Lender’s Applicable Percentage of the aggregate Outstanding Amount of L/C Obligations shall not exceed such Lender’s CommitmentAggregate Commitments. Within the limits of each Lender’s CommitmentCommitment and the Aggregate Commitments, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01, prepay under Section 2.042.03, and reborrow under this Section 2.01. Loans may be Base Rate Loans or LIBOR Rate SOFR Loans, or a combination thereof, as further provided herein.
Appears in 1 contract
Loans. (a) Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Loan”) to the Borrower in Dollars from time to time time, on any Business Day during the Availability Period Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that after giving effect to any Borrowing of LoansBorrowing, (ai) the Total Revolving Outstandings shall not exceed the Aggregate Commitments Commitments, and (bii) the aggregate Outstanding Amount of the Loans of any Lender Lender, plus such Lender’s Applicable Percentage of the aggregate Outstanding Amount of all L/C Obligations shall not exceed such Lender’s Commitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay under Section 2.04, and reborrow under this Section 2.01. Loans may be Base Rate Loans or LIBOR Eurodollar Rate Loans, or a combination thereof, as further provided herein.
Appears in 1 contract
Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Loan”) to the Borrower in Dollars from time to time on any Business Day during the Availability Period in an aggregate amount not to exceed at any time outstanding the amount of such LenderXxxxxx’s Commitment; Commitment; provided, however, that after giving effect to any Borrowing of Loans, (a) the Total Revolving Outstandings shall not exceed the Aggregate Commitments and (b) the aggregate Outstanding Amount of Loans of any Lender plus such Lender’s Applicable Percentage of the aggregate Outstanding Amount of L/C Obligations shall not exceed such LenderXxxxxx’s Commitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay under Section 2.04, and reborrow under this Section 2.01. Loans may be Base Rate Loans or LIBOR Rate RateSOFR Loans, or a combination thereof, as further provided herein.
Appears in 1 contract
Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Loan”) to the Borrower in Dollars from time to time on any Business Day during the Availability Period in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; Commitment; provided, however, that after giving effect to any Borrowing of Loans, (a) the Total Revolving Outstandings shall not exceed the Aggregate Commitments and (b) the aggregate Outstanding Amount of Loans of any Lender plus such Lender’s Applicable Percentage of the aggregate Outstanding Amount of L/C Obligations shall not exceed such Lender’s Commitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay under Section 2.04, and reborrow under this Section 2.01. Loans may be Base Rate Loans or LIBOR Rate Loans, or a combination thereof, as further provided herein.
Appears in 1 contract
Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Loan”) to the Borrower in Dollars from time to time time, on any Business Day during the Availability Period Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that after giving effect to any Borrowing of LoansBorrowing, (ai) the Total Revolving Outstandings shall not exceed the Aggregate Commitments Commitments, and (bii) the aggregate Outstanding Amount of the Loans of any Lender Lender, plus such Lender’s Applicable Percentage of the aggregate Outstanding Amount of all L/C Obligations shall not exceed such Lender’s Commitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay under Section 2.04, and reborrow under this Section 2.01. Loans may be Base Rate Loans or LIBOR Rate Loans, or a combination thereof, as further provided herein.
Appears in 1 contract
Samples: Credit Agreement (Analogic Corp)
Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “"Loan”") to the Borrower Borrowers in Dollars or in one or more Alternative Currencies from time to time on any Business Day during the Availability Period period from the Closing Date to the Maturity Date, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s 's Commitment; provided, however, that after giving effect to any Borrowing Borrowing, the Dollar Equivalent of Loans, (a) the Total Revolving Outstandings shall not exceed the Aggregate Commitments and (bi) the aggregate Outstanding Amount of all Loans of any Lender plus such Lender’s Applicable Percentage of shall not exceed the Aggregate Commitments, and (ii) the aggregate Outstanding Amount of L/C Obligations the Loans of any Lender shall not exceed such Lender’s 's Commitment. Within the limits of each Lender’s 's Commitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01, prepay under Section 2.042.03, and reborrow under this Section 2.01. Loans may be Base Rate Loans or LIBOR Eurocurrency Rate Loans, or a combination thereof, as further provided herein.
Appears in 1 contract
Samples: Credit Agreement (Avnet Inc)
Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Loan”) to the Borrower in Dollars from time to time time, on any Business Day during the Availability Period Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that after giving effect to any Borrowing of LoansBorrowing, (a) the Total Revolving Outstandings shall not exceed the Aggregate Commitments Maximum Available Amount, and (b) the aggregate Outstanding Amount of the Loans of any Lender Lender, plus such Lender’s Applicable Percentage of the aggregate Outstanding Amount of all L/C Obligations shall not exceed such Lender’s Commitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay under Section 2.04, and reborrow under this Section 2.01. Loans may be Base Rate Loans or LIBOR Eurodollar Rate Loans, or a combination thereof, as further provided herein.
Appears in 1 contract
Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Loan”) in Dollars to the Borrower in Dollars from time to time time, on any Business Day during the Availability Period in an aggregate amount not to exceed at any time outstanding the amount of such LenderXxxxxx’s CommitmentApplicable Percentage of the then Aggregate Commitments; provided, however, that after giving effect to any Borrowing of LoansBorrowing, (ai) the Total Revolving Outstandings Outstanding Amount shall not exceed the Aggregate Commitments and (bii) the aggregate Outstanding Amount principal amount of each Lender’s outstanding Loans of any Lender plus shall not exceed such Lender’s Applicable Percentage of the aggregate Outstanding Amount of L/C Obligations shall not exceed such Lender’s CommitmentAggregate Commitments. Within the limits of each Lender’s CommitmentCommitment and the Aggregate Commitments, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay under Section 2.042.03, and reborrow under this Section 2.01. Loans may be Base Rate Loans or LIBOR Rate Term Benchmark Loans, or a combination thereof, as further provided herein.. Section 2.02
Appears in 1 contract
Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “"Loan”") to the Borrower in Dollars from time to time time, on any Business Day during the Availability Period Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s 's Commitment; provided, however, that after giving effect to any Borrowing of LoansBorrowing, (ai) the Total Revolving Outstandings shall not exceed the lesser of the Aggregate Commitments and the Available Amount, and (bii) the aggregate Outstanding Amount of the Loans of any Lender plus such Lender’s Applicable Percentage 's Pro Rata Share of the aggregate Outstanding Amount of all L/C Obligations shall not exceed such Lender’s 's Commitment. Within the limits of each Lender’s 's Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay under Section 2.04, and reborrow under this Section 2.01. Loans may be Base Rate Loans, LIBOR Floating Rate Loans or LIBOR Eurodollar Rate Loans, or a combination thereof, as further provided herein; provided, however, that Loans may be LIBOR Floating Rate Loans only when Bank of America is the sole Lender hereunder.
Appears in 1 contract
Samples: Credit Agreement (Neustar Inc)
Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Loan”) to the Borrower in Dollars from time to time on any Business Day during the Availability Period period from the Closing Date to the Maturity Date, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that after giving effect to any Borrowing of LoansBorrowing, (a) the Total Revolving Outstandings shall not exceed the Aggregate Commitments and (bi) the aggregate Outstanding Amount of all Loans of any Lender plus such Lender’s Applicable Percentage of and L/C Obligations shall not exceed the Aggregate Commitments, and (ii) the aggregate Outstanding Amount of the Loans of any Lender, plus such Lender’s Pro Rata Share of the Outstanding Amount of all L/C Obligations shall not exceed such Lender’s Commitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay under Section 2.04, and reborrow under this Section 2.01. Loans may be Base Rate Loans or LIBOR Eurodollar Rate Loans, or a combination thereof, as further provided herein.
Appears in 1 contract
Samples: Assignment and Assumption Agreement (Louisiana Pacific Corp)
Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Loan”) to the Borrower in Dollars from time to time time, on any Business Day during the Availability Period Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that immediately after giving effect to any Borrowing of LoansBorrowing, (a) the Total Revolving Outstandings shall not exceed the lesser of (i) the Aggregate Commitments and (ii) the Borrowing Base then in effect, and (b) the aggregate Outstanding Amount of the Loans of any Lender Lender, plus such Lender’s Applicable Percentage of the aggregate Outstanding Amount of all L/C Obligations shall not exceed such Lender’s Commitment. Within the limits of each Lender’s Commitmentforegoing limits, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay under Section 2.04, and reborrow under this Section 2.01. Loans may be Base Rate Loans or LIBOR Eurodollar Rate Loans, or a combination thereof, as further provided herein.
Appears in 1 contract
Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Loan”) to the Borrower in Dollars from time to time time, on any Business Day during the Availability Period applicable to such Lender, in an aggregate amount not to exceed at any time outstanding the amount of such LenderXxxxxx’s Commitment; provided, however, that after giving effect to any Borrowing of LoansBorrowing, (ai) the Total Revolving Outstandings shall not exceed the Aggregate Commitments and (bii) the aggregate Outstanding Amount of the Loans of any Lender plus such Lender’s Applicable Percentage of the aggregate Outstanding Amount of all L/C Obligations Obligations, shall not exceed such LenderXxxxxx’s Commitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, repay or prepay under Section 2.042.05, and reborrow under this Section 2.01. Loans may be Base Rate Loans or LIBOR Rate Term SOFR Loans, or a combination thereof, as further provided herein.
Appears in 1 contract
Samples: Revolving Credit Agreement (Darden Restaurants Inc)
Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make revolving loans (each such loan, a “Loan”) to the Borrower in Dollars from time to time time, on any Business Day during the Availability Period Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that immediately after giving effect to any Borrowing of LoansBorrowing, (ai) the Total Revolving Outstandings shall not exceed the Aggregate Commitments and (bii) the aggregate Outstanding Amount of the Loans of any Lender Lender, plus such Lender’s Applicable Percentage of the aggregate Outstanding Amount of all L/C Obligations shall not exceed such Lender’s Commitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.012.01(b), prepay under Section 2.042.05, and reborrow under this Section 2.012.01(b). Loans may be Base Rate Loans or LIBOR Eurodollar Rate Loans, or a combination thereof, as further provided herein. The parties hereto acknowledge and agree that, as of the date hereof, immediately before the effectiveness of this Agreement, no Revolving Credit Loans (as defined in the Existing Credit Agreement) were outstanding.
Appears in 1 contract
Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Loan”) Loans to the Borrower in Dollars from time to time time, on any Business Day during the Availability Period Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that after giving effect to any Borrowing of LoansBorrowing, (a) the Total Revolving Outstandings shall not exceed the lesser of (i) the Aggregate Commitments and (ii) Borrowing Base Availability minus Borrowing Base Debt other than the Obligations; (b) the aggregate Outstanding Amount of Loans outstanding Borrowing Base Debt shall not exceed Borrowing Base Availability; and (c) the Revolving Credit Exposure of any Lender plus such Lender’s Applicable Percentage of the aggregate Outstanding Amount of L/C Obligations shall not exceed such Lender’s Commitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay under Section 2.04, and reborrow under this Section 2.01. Loans may be Base Rate Loans or LIBOR Term SOFR Rate Loans, or a combination thereof, as further provided herein.
Appears in 1 contract
Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Loan”) to the Borrower in Dollars from time to time time, on any Business Day during the Availability Period Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that after giving effect to any Borrowing of LoansBorrowing, (a) the Total Revolving Outstandings shall not exceed the lesser of (i) the Aggregate Commitments and (ii) the Borrowing Base, and (b) the aggregate Outstanding Amount of the Loans of any Lender Lender, plus such Lender’s Applicable Percentage Pro Rata Share of the aggregate Outstanding Amount of all L/C Obligations shall not exceed such Lender’s Commitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay under Section 2.04, and reborrow under this Section 2.01. Loans may be Base Rate Loans or LIBOR Eurodollar Rate Loans, or a combination thereof, as further provided herein.
Appears in 1 contract
Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Loan”) to the Borrower in Dollars from time to time time, on any Business Day during the Availability Period Period, in an aggregate principal amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that after giving effect to any Borrowing of Loans, Borrowing: (ai) the Total Revolving Outstandings shall not exceed the Aggregate Commitments Commitments; and (bii) the aggregate Outstanding Amount of the Loans of any Lender Lender, plus such Lender’s Applicable Percentage of the aggregate Outstanding Amount of all L/C Obligations shall not exceed such Lender’s Commitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay under Section 2.042.05, and reborrow under this Section 2.01. Loans may be Base Rate Loans or LIBOR Eurodollar Rate Loans, or a combination thereof, as further provided herein.
Appears in 1 contract
Samples: Credit Agreement (Meredith Corp)
Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loaneach, a “"Loan”") to the Borrower in Dollars from time to time on any Business Day during the Availability Period period from the Closing Date to the Maturity Date, in an aggregate amount for all Loans not to exceed at any time outstanding the amount of such Lender’s 's Commitment; provided, however, that after giving effect to any Borrowing of LoansBorrowing, (a) the Total Revolving Outstandings shall not exceed the Aggregate Commitments and (bi) the aggregate Outstanding Amount of all Loans of any Lender plus such Lender’s Applicable Percentage of and L/C Obligations shall not exceed the Commitments, and (ii) the aggregate Outstanding Amount of the Loans of any Lender, plus such Lender's Pro Rata Share of the Outstanding Amount of all L/C Obligations shall not exceed such Lender’s 's Commitment. Within the limits of each Lender’s 's Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay under Section 2.042.06, and reborrow under this Section 2.01. Loans may be Base Rate Loans or LIBOR Eurodollar Rate Loans, or a combination thereof, as further provided herein.
Appears in 1 contract
Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Loan”) to the Borrower in Dollars from time to time on any Business Day during the Availability Period period from the Closing Date to such Lender’s Maturity Date, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, provided that after giving effect to any Borrowing of LoansBorrowing, (a) the Total Revolving Outstandings Outstanding Amount of all Loans and L/C Obligations shall not exceed the Aggregate Commitments and (b) the aggregate Outstanding Amount of the Loans of any Lender plus such Lender’s Applicable Percentage Pro Rata Share of the aggregate Outstanding Amount of all L/C Obligations shall not exceed such Lender’s Commitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay under Section 2.04, 2.04 and reborrow under this Section 2.01. Loans may be Base Rate Loans or LIBOR Eurodollar Rate Loans, or a combination thereof, as further provided herein.
Appears in 1 contract
Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Loan”) to the Borrower in Dollars from time to time time, on any Business Day during the Availability Period Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that after giving effect to any Borrowing of LoansBorrowing, (ai) the Total Revolving Outstandings shall not exceed the Aggregate Commitments lesser of (x) the Borrowing Base and (by) the Aggregate Commitments, and (ii) the aggregate Outstanding Amount of the Loans of any Lender Lender, plus such Lender’s Applicable Percentage Pro Rata Share of the aggregate Outstanding Amount of all L/C Obligations shall not exceed such Lender’s Commitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay under Section 2.042.05, and reborrow under this Section 2.01. Loans may be Base Rate Loans or LIBOR Eurodollar Rate Loans, or a combination thereof, as further provided herein.
Appears in 1 contract
Samples: Credit Agreement (Holly Corp)
Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Loan”) to the Borrower in Dollars from time to time on any Business Day during the Availability Period in an aggregate amount not to exceed at any time outstanding the amount of such LenderXxxxxx’s Commitment; provided, however, that after giving effect to any Borrowing of Loans, (a) the Total Revolving Outstandings shall not exceed the Aggregate Commitments and (b) the aggregate Outstanding Amount of Loans of any Lender plus such Lender’s Applicable Percentage of the aggregate Outstanding Amount of L/C Obligations shall not exceed such LenderXxxxxx’s Commitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay under Section 2.04, and reborrow under this Section 2.01. Loans may be Base Rate Loans or LIBOR Rate RateSOFR Loans, or a combination thereof, as further provided herein.. 4839-9354-3409 v.6 4894-8388-2830 v.6
Appears in 1 contract
Samples: September Maturity Credit Agreement (Tennessee Valley Authority)
Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “"Loan”") to the Borrower in Dollars from time to time time, on any Business Day during the Availability Period Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s 's Commitment; provided, however, that after giving effect to any Borrowing of LoansBorrowing, (ai) the Total Revolving Outstandings shall not exceed the Aggregate Commitments Commitments, and (bii) the aggregate Outstanding Amount of the Loans of any Lender Lender, plus such Lender’s 's Applicable Percentage of the aggregate Outstanding Amount of all L/C Obligations Obligations, shall not exceed such Lender’s 's Commitment. Within the limits of each Lender’s 's Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay under Section 2.04, and reborrow under this Section 2.01. Loans may be Base Rate Loans or LIBOR Eurodollar Rate Loans, or a combination thereof, as further provided herein.
Appears in 1 contract
Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Loan”) to the Borrower in Dollars from time to time time, on any Business Day during the Availability Period Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that after giving effect to any Borrowing of LoansBorrowing, (a) the Total Revolving Outstandings shall not exceed the lesser of (i) the Aggregate Commitments and (ii) the Borrowing Base, and (b) the aggregate Outstanding Amount of the Loans of any Lender Lender, plus such Lender’s Applicable Percentage Pro Rata Share of the aggregate Outstanding Amount of all L/C Obligations shall not exceed such Lender’s Commitment. Within the limits of each Lender’s CommitmentCommitment and the Borrowing Base, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay under Section 2.04, and reborrow under this Section 2.01. Loans may be Base Rate Loans or LIBOR Eurodollar Rate Loans, or a combination thereof, as further provided herein.
Appears in 1 contract
Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Loan”) to the Borrower in Dollars from time to time on any Business Day SC1:3922355.6 during the Availability Period in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that after giving effect to any Borrowing of Loans, (a) the Total Revolving Outstandings shall not exceed the Aggregate Commitments and (b) the aggregate Outstanding Amount of Loans of any Lender plus such Lender’s Applicable Percentage of the aggregate Outstanding Amount of L/C Obligations shall not exceed such Lender’s Commitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay under Section 2.04, and reborrow under this Section 2.01. Loans may be Base Rate Loans or LIBOR Rate Loans, or a combination thereof, as further provided herein.
Appears in 1 contract
Loans. Subject to the terms and conditions set forth herein, each the Lender severally agrees to make loans (each such loan, a “Loan”) to the Borrower in Dollars or in one or more Alternative Currencies from time to time time, on any Business Day during the Availability Period Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s the Commitment; provided, however, that after giving effect to any Borrowing borrowing, (i) the Outstanding Amount of all Loans, (a) plus the Total Revolving Outstandings Outstanding Amount of all L/C Obligations, shall not exceed the Aggregate Commitments Commitment, and (bii) the aggregate Outstanding Amount of all Loans of any Lender plus such Lender’s Applicable Percentage of the aggregate Outstanding Amount of and L/C Obligations denominated in Alternative Currencies shall not exceed such Lender’s Commitmentthe Alternative Currency Sublimit. Within the limits of each Lender’s the Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay under Section 2.04, and reborrow under this Section 2.01. Loans A Loan may be Base a Prime Rate Loans or LIBOR Rate Loans, Loan or a combination thereofEurocurrency Rate Loan, as further provided herein.
Appears in 1 contract
Samples: Credit Agreement (Copart Inc)
Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Loan”) to the Borrower in Dollars from time to time time, on any Business Day during the Availability Period applicable to such Lender, in an aggregate amount not to exceed at any time outstanding the amount of such LenderXxxxxx’s Commitment; provided, however, that after giving effect to any Borrowing of LoansBorrowing, (ai) the Total Revolving Outstandings shall not exceed the Aggregate Commitments and (bii) the aggregate Outstanding Amount of the Loans of any Lender plus such Lender’s Applicable Percentage of the aggregate Outstanding Amount of all L/C Obligations Obligations, shall not exceed such LenderXxxxxx’s Commitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions AMERICAS/2024050510.8 hereof, the Borrower may borrow under this Section 2.01, repay or prepay under Section 2.042.05, and reborrow under this Section 2.01. Loans may be Base Rate Loans or LIBOR Rate Term SOFR Loans, or a combination thereof, as further provided herein.
Appears in 1 contract
Samples: Revolving Credit Agreement (Darden Restaurants Inc)
Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Loan”) to the Borrower in Dollars from time to time on any Business Day during the Availability Period in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s 's Commitment; provided, however, that after giving effect to any Borrowing of Loans, (a) the Total Revolving Outstandings shall not exceed the Aggregate Commitments and (b) the aggregate Outstanding Amount of Loans of any -19 Lender plus such Lender’s 's Applicable Percentage of the aggregate Outstanding Amount of L/C Obligations shall not exceed such Lender’s 's Commitment. Within the limits of each Lender’s 's Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay under Section 2.04, and reborrow under this Section 2.01. Loans may be Base Rate Loans or LIBOR Rate Loans, or a combination thereof, as further provided herein.
Appears in 1 contract
Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “"Loan”") to the Borrower in Dollars from time to time time, on any Business Day during the Availability Period Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s 's Commitment; provided, however, that after giving effect to any Borrowing of LoansBorrowing, (a) the Total Revolving Outstandings shall not exceed the lesser of (i) the Aggregate Commitments or (ii) the Borrowing Base then in effect, and (b) the aggregate Outstanding Amount of the Loans of any Lender Lender, plus such Lender’s 's Applicable Percentage of the aggregate Outstanding Amount of all L/C Obligations shall not exceed such Lender’s 's Commitment. Within the limits of each Lender’s Commitmentforegoing limits, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay under Section 2.04, and reborrow under this Section 2.01. Loans may be Base Rate Loans or LIBOR Eurodollar Rate Loans, or a combination thereof, as further provided herein.
Appears in 1 contract
Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Loan”) to the Borrower in Dollars from time to time time, on any Business Day during the Availability Period Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that after giving effect to any Borrowing of LoansBorrowing, (a) the Total Revolving Outstandings shall not exceed the lesser of (i) the Aggregate Commitments and (ii) the Borrowing Base, and (b) the aggregate Outstanding Amount of the Loans of any Lender Lender, plus such Lender’s Applicable Percentage of the aggregate Outstanding Amount of all L/C Obligations shall not exceed such Lender’s Commitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay under Section 2.04, and reborrow under this Section 2.01. Loans may be Base Rate Loans or LIBOR Eurodollar Rate Loans, or a combination thereof, as further provided herein.
Appears in 1 contract
Loans. (a) Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “"Loan”") to the Borrower in Dollars Borrowers from time to time time, on any Business Day during the Availability Period Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s 's Commitment; provided, however, that after giving effect to any Borrowing of LoansBorrowing, (ai) the Total Revolving Outstandings shall not exceed the Aggregate Commitments Commitments, and (bii) the aggregate Outstanding Amount of the Loans of any Lender Lender, plus such Lender’s 's Applicable Percentage of the aggregate Outstanding Amount of all L/C Obligations Obligations, shall not exceed such Lender’s 's Commitment. Within the limits of each Lender’s 's Commitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01, prepay under Section 2.04, and reborrow under this Section 2.01. Loans may be Base Rate Loans or LIBOR Eurodollar Rate Loans, or a combination thereof, as further provided herein.
Appears in 1 contract
Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Loan”) to the Borrower in Dollars from time to time time, on any Business Day during the Availability Period applicable to such Lender, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that after giving effect to any Borrowing of LoansBorrowing, (ai) the Total Revolving Outstandings shall not exceed the Aggregate Commitments and (bii) the aggregate Outstanding Amount of the Loans of any Lender plus such Lender’s Applicable Percentage of the aggregate Outstanding Amount of all L/C Obligations Obligations, shall not exceed such Lender’s Commitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, repay or prepay under Section 2.042.05, and reborrow under this Section 2.01. Loans may be Base Rate Loans or LIBOR Eurodollar Rate Loans, or a combination thereof, as further provided herein.
Appears in 1 contract
Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Loan”) to the Borrower in Dollars from time to time on any Business Day during the Availability Period in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that after giving effect to any Borrowing of Loans, (a) the Total Revolving Outstandings shall not exceed the Aggregate Commitments and (b) the aggregate Outstanding Amount of Loans of any Lender plus such Lender’s Applicable Percentage of the aggregate Outstanding Amount of L/C Obligations shall not exceed such Lender’s Commitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay under Section 2.04, and reborrow under this Section 2.01. Loans may be Base Rate Loans or LIBOR Rate SOFR Loans, or a combination thereof, as further provided herein.. 4856-8235-6738 v.5
Appears in 1 contract
Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Loan”) to the Borrower in Dollars from time to time time, on any Business Day during the Availability Period Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that after giving effect to any Borrowing of LoansBorrowing, (ai) the Total Revolving Outstandings shall not exceed the Aggregate Commitments Commitments, and (bii) the aggregate Outstanding Amount of the Loans of any Lender Lender, plus such Lender’s Applicable Percentage of the aggregate Outstanding Amount of all L/C Obligations shall not exceed such Lender’s Commitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay under Section 2.042.05, and reborrow under this Section 2.01. Loans may be Base Rate Loans or LIBOR Rate Loans, or a combination thereof, as further provided herein.
Appears in 1 contract
Samples: Credit Agreement (Interdigital Communications Corp)
Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Loan”) in Dollars to the Borrower in Dollars Borrowers from time to time time, on any Business Day during the Availability Period in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s CommitmentApplicable Percentage of the then Aggregate Commitments; provided, however, that after giving effect to any Borrowing of LoansBorrowing, (ai) the Total Revolving Outstandings Outstanding Amount shall not exceed the Aggregate Commitments and (bii) the aggregate Outstanding Amount principal amount of each Lender’s outstanding Loans of any Lender plus shall not exceed such Lender’s Applicable Percentage of the aggregate Outstanding Amount of L/C Obligations shall not exceed such Lender’s CommitmentAggregate Commitments. Within the limits of each Lender’s CommitmentCommitment and the Aggregate Commitments, and subject to the other terms and conditions hereof, the Borrower 243071545v.24 Borrowers may borrow under this Section 2.01, prepay under Section 2.042.03, and reborrow under this Section 2.01. Loans may be Base Rate Loans or LIBOR Eurodollar Rate Loans, or a combination thereof, as further provided herein.
Appears in 1 contract