Common use of Making of Revolving Loans Clause in Contracts

Making of Revolving Loans. Subject to the terms and conditions set forth in this Agreement, including without limitation, Section 2.15., each Revolving Lender severally and not jointly agrees to make Revolving Loans in Dollars to the Borrower during the period from and including the Effective Date to but excluding the Revolving Termination Date, in an aggregate principal amount at any one time outstanding up to, but not exceeding, (i) at any time prior to the satisfaction of the Initial Mortgage Collateral Requirement, such Lender’s Revolving Commitment, and (ii) upon and following satisfaction of the Initial Mortgage Collateral Requirement, the lesser of (A) the amount of such Lender’s Revolving Commitment and (B) such Lender’s Revolving Commitment Percentage of the then Collateral Property Availability. Each borrowing of Revolving Loans that are to be Base Rate Loans shall be in an aggregate minimum amount of $1,000,000 and integral multiples of $500,000 in excess thereof. Each borrowing and Continuation under Section 2.9. of Revolving Loans that are LIBOR Loans, and each Conversion under Section 2.10. of Revolving Loans that are Base Rate Loans into LIBOR Loans, shall be in an aggregate minimum of $1,000,000 and integral multiples of $1,000,000 in excess of that amount. Notwithstanding the immediately preceding two sentences but subject to Section 2.15., a borrowing of Revolving Loans may be in the aggregate amount of the unused Revolving Commitments or the aggregate amount of the unused Collateral Property Availability, as then applicable pursuant to the terms of this Agreement. Within the foregoing limits and subject to the terms and conditions of this Agreement, the Borrower may borrow, repay and reborrow Revolving Loans.

Making of Revolving Loans. Subject to the terms and conditions set forth in this Agreement, including without limitation, Section 2.152.14., each Revolving Lender severally and not jointly agrees to make Revolving Loans in Dollars to the Borrower during the period from and including the Effective Date to but excluding the Revolving Termination Date, in an aggregate principal amount at any one time outstanding up to, but not exceeding, (i) at any time prior to the satisfaction of the Initial Mortgage Collateral Requirement, such Lender’s Revolving Commitment, and (ii) upon and following satisfaction of the Initial Mortgage Collateral Requirement, the lesser of (A) the amount of such Lender’s Revolving Commitment and (B) such Lender’s Revolving Commitment Percentage of the then Net Collateral Property Availability. Each borrowing of Revolving Loans that are to be Base Rate Loans shall be in an aggregate minimum amount of $1,000,000 and integral multiples of $500,000 in excess thereof. Each borrowing and Continuation under Section 2.92.8. of Revolving Loans that are LIBOR Loansof, and each Conversion under Section 2.102.9. of Revolving Loans that are Base Rate Loans into into, LIBOR Loans, Loans shall be in an aggregate minimum of $1,000,000 and integral multiples of $1,000,000 in excess of that amount. Notwithstanding the immediately preceding two sentences but subject to Section 2.152.14., a borrowing of Revolving Loans may be in the aggregate amount of the unused Revolving Commitments or the aggregate amount of the unused Net Collateral Property Availability, as then applicable pursuant to the terms of this Agreement. Within the foregoing limits and subject to the terms and conditions of this Agreement, the Borrower may borrow, repay and reborrow Revolving Loans.

Making of Revolving Loans. Subject to the terms and conditions set forth in this Agreement, including without limitation, Section 2.152.16., each Revolving Lender severally and not jointly agrees to make Revolving Loans in Dollars to the Borrower during the period from and including the Effective Date to but excluding the Revolving Termination Date, in an aggregate principal amount at any one time outstanding up to, but not exceeding, (i) at any time prior to the satisfaction of the Initial Mortgage Collateral Requirement, such Revolving Lender’s Revolving Commitment; provided that after giving effect to such borrowing, (i) such Revolving Lender’s Revolving Credit Exposure shall not exceed its Revolving Commitment and (ii) upon and following satisfaction the aggregate Revolving Credit Exposure of all Revolving Lenders shall not exceed the Initial Mortgage Collateral Requirement, the lesser aggregate Revolving Commitments of (A) the amount of such Lender’s all Revolving Commitment and (B) such Lender’s Revolving Commitment Percentage of the then Collateral Property AvailabilityLenders. Each borrowing of Revolving Loans that are to be (i) Base Rate Loans shall be in an aggregate minimum amount of $1,000,000 and integral multiples of $500,000 100,000 in excess thereof. Each borrowing thereof and Continuation under Section 2.9. of Revolving (ii) LIBOR Loans that are LIBOR Loans, and each Conversion under Section 2.10. of Revolving Loans that are Base Rate Loans into LIBOR Loans, shall be in an aggregate minimum amount of $1,000,000 and integral multiples of $1,000,000 250,000 in excess of that amountthereof. Notwithstanding the immediately preceding two sentences but subject to Section 2.152.16., a borrowing of Revolving Loans may be in the aggregate amount of the unused Revolving Commitments or the aggregate amount of the unused Collateral Property Availability, as then applicable pursuant to the terms of this AgreementCommitments. Within the foregoing limits and subject to the terms and conditions of this Agreement, the Borrower may borrow, repay and reborrow Revolving Loans.

Making of Revolving Loans. Subject to the terms and conditions set forth in this Agreement, including without limitation, Section 2.15.2.16, each Revolving Lender severally and not jointly agrees to make Revolving Loans in Dollars to the Borrower Borrowers during the period from and including the Effective Date to but excluding the Revolving Termination Maturity Date, in an aggregate principal amount at any one time outstanding up to, but not exceeding, (i) at any time prior to the satisfaction of the Initial Mortgage Collateral Requirement, such Lender’s Revolving Commitment, and (ii) upon and following satisfaction of the Initial Mortgage Collateral Requirement, the lesser of (A) the amount of such Lender’s Revolving Commitment and (B) such Lender’s Revolving Commitment Percentage of the then Collateral Property Availability. Each borrowing of Revolving Loans that are to be Base Rate Loans shall be in an aggregate minimum amount of $1,000,000 1,000,000.00 and integral multiples of $500,000 100,000.00 in excess thereofthereof (or the remaining Revolving Commitment, if less). Each borrowing and Continuation under Section 2.9. of Revolving Loans that are LIBOR Loans2.10 of, and each Conversion under Section 2.10. 2.11 of Revolving Loans that are Base Rate Loans into into, LIBOR Loans, Loans shall be in an aggregate minimum of $1,000,000 1,000,000.00 and integral multiples of $1,000,000 100,000.00 in excess of that amountamount (or the remaining Revolving Commitment, if less). Notwithstanding the immediately preceding two sentences but subject to Section 2.15.2.16, a borrowing of Revolving Loans may be in the aggregate amount of the unused Revolving Commitments or the aggregate amount of the unused Collateral Property Availability, as then applicable pursuant to the terms of this AgreementCommitments. Within the foregoing limits and subject to the terms and conditions of this Agreement, the Borrower Borrowers may borrow, repay and reborrow Revolving Loans.

Making of Revolving Loans. Subject to the terms and conditions set forth in this Agreement, including without limitation, Section 2.15., each Revolving Lender severally and not jointly agrees to make Revolving Loans in Dollars to the Borrower during the period from and including the Effective Date to but excluding the Revolving Termination Date, in an aggregate principal amount at any one time outstanding up to, but not exceeding, (i) at any time prior to the satisfaction of the Initial Mortgage Collateral Requirement, such Lender’s Revolving Commitment, and (ii) upon and following satisfaction of the Initial Mortgage Collateral Requirement, exceeding the lesser of (Ai) the amount of such Lender’s Revolving Commitment and (Bii) such LenderLxxxxx’s Revolving Commitment Percentage of the then Collateral Property Availability. Each borrowing of Revolving Loans that are to be Base Rate Loans shall be in an aggregate minimum amount of $1,000,000 and integral multiples of $500,000 in excess thereof. Each borrowing and Continuation under Section 2.9. of Revolving Loans that are LIBOR Loansof, and each Conversion under Section 2.10. of Revolving Loans that are Base Rate Loans into LIBOR into, SOFR Loans, shall be in an aggregate minimum of $1,000,000 and integral multiples of $1,000,000 in excess of that amount. Notwithstanding the immediately preceding two sentences but subject to Section 2.15., a borrowing of Revolving Loans may be in the aggregate amount of the unused Revolving Commitments or the aggregate amount of the unused Collateral Property Availability, as then applicable pursuant to the terms of this Agreement. Within the foregoing limits and subject to the terms and conditions of this Agreement, the Borrower may borrow, repay and reborrow Revolving Loans.

Making of Revolving Loans. Subject to the terms and conditions set forth in this Agreement, including without limitation, Section 2.15.2.16, each Revolving Lender severally and not jointly agrees to make Revolving Loans in Dollars to the Borrower during the period from and including the Effective Date to but excluding the Revolving Termination Date, in an aggregate principal amount at any one time outstanding up to, but not exceeding, (i) at any time prior to the satisfaction of the Initial Mortgage Collateral Requirement, such Revolving Lender’s Revolving Commitment; provided that after giving effect to such borrowing, (i) such Revolving Lender’s Revolving Credit Exposure shall not exceed its Revolving Commitment and (ii) upon and following satisfaction the aggregate Revolving Credit Exposure of all Revolving Lenders shall not exceed the Initial Mortgage Collateral Requirement, the lesser aggregate Revolving Commitments of (A) the amount of such Lender’s all Revolving Commitment and (B) such Lender’s Revolving Commitment Percentage of the then Collateral Property AvailabilityLenders. Each borrowing of Revolving Loans that are to be (i) Base Rate Loans shall be in an aggregate minimum amount of $1,000,000 and integral multiples of $500,000 100,000 in excess thereof. Each borrowing thereof and Continuation under Section 2.9. of Revolving (ii) SOFR Loans that are LIBOR Loans, and each Conversion under Section 2.10. of Revolving Loans that are Base Rate Loans into LIBOR Loans, shall be in an aggregate minimum amount of $1,000,000 and integral multiples of $1,000,000 250,000 in excess of that amountthereof. Notwithstanding the immediately preceding two sentences but subject to Section 2.15.2.16, a borrowing of Revolving Loans may be in the aggregate amount of the unused Revolving Commitments or the aggregate amount of the unused Collateral Property Availability, as then applicable pursuant to the terms of this AgreementCommitments. Within the foregoing limits and subject to the terms and conditions of this Agreement, the Borrower may borrow, repay and reborrow Revolving Loans.

Making of Revolving Loans. Subject to the terms and conditions set forth in this Agreement, including without limitation, Section 2.15.2.19 below, each Revolving Lender severally and not jointly agrees to make Revolving Loans denominated in Dollars to the Borrower during the period from and including the Effective Date to but excluding the Revolving Termination Date, in an aggregate principal amount at any one time outstanding up to, but not exceeding, such Xxxxxx’s Revolving Commitment; provided, however, that (i) [intentionally omitted], (ii) Revolving Loans shall not be made if restricted by the amount limitations set forth in Section 2.19 below, and (iii) Revolving Loans shall not be made at any time prior to that Designated Collateral Proceeds are on deposit in the satisfaction of the Initial Mortgage Designated Collateral Requirement, such Lender’s Revolving Commitment, and (ii) upon and following satisfaction of the Initial Mortgage Collateral Requirement, the lesser of (A) the amount of such Lender’s Revolving Commitment and (B) such Lender’s Revolving Commitment Percentage of the then Collateral Property AvailabilityProceeds Account. Each borrowing of Revolving Loans that are to be Base Rate Loans under this subsection shall be in an aggregate minimum amount of $500,000 and integral multiples of $100,000 in excess thereof and each borrowing of SOFR Loans under this subsection shall be in an aggregate minimum amount of $1,000,000 and integral multiples of $500,000 250,000 in excess thereof. Each borrowing and Continuation under Section 2.9. of Revolving Loans ; provided, further that are LIBOR Loans, and each Conversion under Section 2.10. of Revolving Loans that are Base Rate Loans into LIBOR Loans, shall be in an aggregate minimum of $1,000,000 and integral multiples of $1,000,000 in excess of that amount. Notwithstanding the immediately preceding two sentences but subject to Section 2.15., a borrowing of Revolving Loans may be in the aggregate amount of the unused Revolving Commitments or the aggregate amount of the unused Collateral Property Availability, as then applicable pursuant to the terms of this AgreementCommitments. Within the foregoing limits and subject to the terms and conditions of this Agreement, the Borrower may borrow, repay and reborrow Revolving Loans. Notwithstanding anything in the foregoing to the contrary, the only Revolving Loans made on the Effective Date shall be those made (i) by an exchange of the Existing Bridge Loans and (ii) to fund professional fee payments and other fees and expenses subject to the provisions of the Confirmation Order, each in accordance with Section 2.1(c) below.

Making of Revolving Loans. Subject to the terms and conditions set forth in this Agreement, including without limitation, Section 2.152.14., each Revolving Lender severally and not jointly agrees to make Revolving Loans in Dollars to the Borrower during the period from and including the Effective Date to but excluding the Revolving Termination Date, in an aggregate principal amount at any one time outstanding up to, but not exceeding, (i) at any time prior to the satisfaction of the Initial Mortgage Collateral Requirement, such Lender’s Revolving Commitment, and (ii) upon and following satisfaction of the Initial Mortgage Collateral Requirement, the lesser of (A) the amount of such Lender’s Revolving Commitment and (B) such Lender’s Revolving Commitment Percentage of the then Net Collateral Property Availability. Each borrowing of Revolving Loans that are to be Base Rate Loans shall be in an aggregate minimum amount of $1,000,000 and integral multiples of $500,000 in excess thereof. Each borrowing and Continuation under Section 2.92.8. of Revolving Loans that are LIBOR Loansof, and each Conversion under Section 2.102.9. of Revolving Loans that are Base Rate Loans into LIBOR Loansinto, LIBORSOFR Loans shall be in an aggregate minimum of $1,000,000 and integral multiples of $1,000,000 in excess of that amount. Notwithstanding the immediately preceding two sentences but subject to Section 2.152.14., a borrowing of Revolving Loans may be in the aggregate amount of the unused Revolving Commitments or the aggregate amount of the unused Net Collateral Property Availability, as then applicable pursuant to the terms of this Agreement. Within the foregoing limits and subject to the terms and conditions of this Agreement, the Borrower may borrow, repay and reborrow Revolving Loans.Notwithstanding anything herein to the contrary, (x) Revolving Loans that are repaid or prepaid, in whole or in part, may not be reborrowed, and (y) the use of the term “Revolving” or similar nomenclature herein to describe the Loans, Commitments and other extensions of credit hereunder shall in no way imply, or be interpreted to suggest, that Revolving Loans may be borrowed, repaid and reborrowed.

Making of Revolving Loans. Subject to the terms and conditions set forth in this Agreement, including without limitation, Section 2.15.2.19 below, each Revolving Lender severally and not jointly agrees to make Revolving Loans denominated in Dollars to the Borrower during the period from and including the Effective Date to but excluding the Revolving Termination Date, in an aggregate principal amount at any one time outstanding up to, but not exceeding, such Xxxxxx’s Revolving Commitment; provided, however, that (i) [intentionally omitted], (ii) Revolving Loans shall not be made if restricted by the amount limitations set forth in Section 2.19 below, and (iii) Revolving Loans shall not be made at any time prior to that Designated Collateral Proceeds are on deposit in the satisfaction of the Initial Mortgage Designated Collateral Requirement, such Lender’s Revolving Commitment, and (ii) upon and following satisfaction of the Initial Mortgage Collateral Requirement, the lesser of (A) the amount of such Lender’s Revolving Commitment and (B) such Lender’s Revolving Commitment Percentage of the then Collateral Property AvailabilityProceeds Account. Each borrowing of Revolving Loans that are to be Base Rate Loans under this subsection shall be in an aggregate minimum amount of $500,000 and integral multiples of $100,000 in excess thereof and each borrowing of LIBORSOFR Loans under this subsection shall be in an aggregate minimum amount of $1,000,000 and integral multiples of $500,000 250,000 in excess thereof. Each borrowing and Continuation under Section 2.9. of Revolving Loans ; provided, further that are LIBOR Loans, and each Conversion under Section 2.10. of Revolving Loans that are Base Rate Loans into LIBOR Loans, shall be in an aggregate minimum of $1,000,000 and integral multiples of $1,000,000 in excess of that amount. Notwithstanding the immediately preceding two sentences but subject to Section 2.15., a borrowing of Revolving Loans may be in the aggregate amount of the unused Revolving Commitments or the aggregate amount of the unused Collateral Property Availability, as then applicable pursuant to the terms of this AgreementCommitments. Within the foregoing limits and subject to the terms and conditions of this Agreement, the Borrower may borrow, repay and reborrow Revolving Loans. Notwithstanding anything in the foregoing to the contrary, the only Revolving Loans made on the Effective Date shall be those made (i) by an exchange of the Existing Bridge Loans and (ii) to fund professional fee payments and other fees and expenses subject to the provisions of the Confirmation Order, each in accordance with Section 2.1(c) below.

Making of Revolving Loans. Subject to the terms and conditions set forth in this Agreement, including without limitation, Section 2.15.2.19 below, each Revolving Lender severally and not jointly agrees to make Revolving Loans denominated in Dollars to the Borrower during the period from and including the Effective Date to but excluding the Revolving Termination Date, in an aggregate principal amount at any one time outstanding up to, but not exceeding, (i) at any time prior to the satisfaction of the Initial Mortgage Collateral Requirement, such Lender’s Revolving Commitment; provided, however, that (i) [intentionally omitted], (ii) Revolving Loans shall not be made if restricted by the amount limitations set forth in Section 2.19 below, and (iiiii) upon and following satisfaction of Revolving Loans shall not be made at any time that Designated Collateral Proceeds are on deposit in the Initial Mortgage Designated Collateral Requirement, the lesser of (A) the amount of such Lender’s Revolving Commitment and (B) such Lender’s Revolving Commitment Percentage of the then Collateral Property AvailabilityProceeds Account. Each borrowing of Revolving Loans that are to be Base Rate Loans under this subsection shall be in an aggregate minimum amount of $500,000 and integral multiples of $100,000 in excess thereof and each borrowing of LIBOR Loans under this subsection shall be in an aggregate minimum amount of $1,000,000 and integral multiples of $500,000 250,000 in excess thereof. Each borrowing and Continuation under Section 2.9. of Revolving Loans ; provided, further that are LIBOR Loans, and each Conversion under Section 2.10. of Revolving Loans that are Base Rate Loans into LIBOR Loans, shall be in an aggregate minimum of $1,000,000 and integral multiples of $1,000,000 in excess of that amount. Notwithstanding the immediately preceding two sentences but subject to Section 2.15., a borrowing of Revolving Loans may be in the aggregate amount of the unused Revolving Commitments or the aggregate amount of the unused Collateral Property Availability, as then applicable pursuant to the terms of this AgreementCommitments. Within the foregoing limits and subject to the terms and conditions of this Agreement, the Borrower may borrow, repay and reborrow Revolving Loans. Notwithstanding anything in the foregoing to the contrary, the only Revolving Loans made on the Effective Date shall be those made (i) by an exchange of the Existing Bridge Loans and (ii) to fund professional fee payments and other fees and expenses subject to the provisions of the Confirmation Order, each in accordance with Section 2.1(c) below.

Making of Revolving Loans. Subject to the terms and conditions set forth in this Agreement, including without limitation, Section 2.15.2.16, (i) each Dollar Tranche Revolving Lender (severally and not jointly jointly) agrees to continue to make available a portion of the Existing Loans as Dollar Tranche Revolving Loans in Dollars and to make Dollar Tranche Revolving Loans to the Borrower in Dollars during the period from and including the Effective Date to but excluding the Revolving Termination Date, in an aggregate principal amount at any one time outstanding up to, but not exceeding, such Lender’s Dollar Tranche Revolving Commitment and (iii) each Multicurrency Tranche Revolving Lender (severally and not jointly) agrees to make Multicurrency Tranche Revolving Loans to the Borrower in Agreed Currencies during the period from and including the Effective Date to but excluding the Revolving Termination Date, in an aggregate principal amount at any one time prior to the satisfaction of the Initial Mortgage Collateral Requirementoutstanding up to, but not exceeding, such Lender’s Multicurrency Revolving Tranche Commitment, and (ii) upon and following satisfaction of the Initial Mortgage Collateral Requirement, the lesser of (A) the amount of such Lender’s Revolving Commitment and (B) such Lender’s Revolving Commitment Percentage of the then Collateral Property Availability. Each borrowing of Revolving Loans that are to be (i) Base Rate Loans (which shall only be available in Dollars), shall be in an aggregate minimum amount of $1,000,000 250,000 and integral multiples of $50,000 in excess thereof, (ii) LIBOR Loans (which shall be available in LIBOR Quoted Currencies) shall be in an aggregate minimum amount of $2,500,000 (or, if such Loan is denominated in a Foreign Currency, 2,500,000 units of such currency) and integral multiples of $500,000 (or, if such Loan is denominated in a Foreign Currency, 500,000 units of such currency) in excess thereof. Each borrowing thereof and Continuation under Section 2.9. of Revolving (iii) CDOR Loans that are LIBOR Loans, and each Conversion under Section 2.10. of Revolving Loans that are Base Rate Loans into LIBOR Loans, (which shall only be available in Canadian Dollars) shall be in an aggregate minimum amount of Cdn. $1,000,000 2,500,000 and integral multiples of Cdn. $1,000,000 500,000 in excess of that amountthereof. Notwithstanding the immediately preceding two sentences sentence but subject to Section 2.15.2.16, a borrowing of a Tranche Revolving Loans may be in the aggregate amount of the unused Revolving Commitments or the aggregate amount of the unused Collateral Property Availability, as then applicable pursuant to the terms of this Agreementfor such Tranche. Within the foregoing limits and subject to the terms and conditions of this Agreement, the Borrower may borrow, repay and reborrow Revolving Loans.

Making of Revolving Loans. Subject to the terms and conditions set forth in this Agreement, including without limitation, Agreement and the limitations set forth in Section 2.152.14., each Revolving Lender severally and not jointly agrees to make Revolving Loans in Dollars to the Borrower during the period from and including the Effective Date to but excluding the Revolving Credit Termination Date, in an aggregate principal amount at any one time outstanding up to, but not exceedingexceeding such, (i) at any time prior to the satisfaction Lender's Pro Rata Share of the Initial Mortgage Collateral Requirement, such Lender’s Revolving Commitment, and (ii) upon and following satisfaction of the Initial Mortgage Collateral Requirement, the lesser of (A) the amount of such Lender’s Revolving Commitment and (B) such Lender’s Revolving Commitment Percentage of the then Collateral Property Maximum Loan Availability. Each borrowing of Revolving Loans that are to be Base Rate Loans hereunder shall be in an aggregate minimum principal amount of $1,000,000 and integral multiples of $500,000 in excess thereof. Each borrowing and Continuation under Section 2.9. of Revolving Loans that are LIBOR Loans, and each Conversion under Section 2.10. of Revolving Loans that are Base Rate Loans into LIBOR Loans, shall be in an aggregate minimum of $1,000,000 and integral multiples of $1,000,000 100,000 in excess of that amount. Notwithstanding the immediately preceding two sentences but subject to Section 2.15., a amount (except that any such borrowing of Revolving Loans may be in the aggregate amount of the unused Commitments, which Revolving Commitments or the aggregate amount of the unused Collateral Property AvailabilityLoans, as then applicable pursuant to the terms of this Agreementif less than $1,000,000, must be Base Rate Loans). Within the foregoing limits and subject to the other terms and conditions of this Agreement, the Borrower may borrow, repay and reborrow Revolving Loans. Upon the Effective Date, all Revolving Loans (as defined under the Existing Regency Credit Agreement) then outstanding under the Existing Regency Credit Agreement shall be deemed to be Revolving Loans to the Borrower outstanding hereunder being of the same Types, and in the case of LIBOR Loans, having the same Interest Periods. As of the Effective Date, such Revolving Loans shall be allocated among the Lenders in accordance with their respective Pro Rata Shares. Each Lender agrees to make such payments to the other Lenders and any Person who ceased to be a "Lender" under the Existing Regency Credit Agreement upon the Effective Date in such amounts as are necessary to effect such allocation. All such payments shall be made to the Agent for the account of the Person to be paid.