Common use of Nature of Lenders’ Obligations with Respect to Revolving Credit Loans Clause in Contracts

Nature of Lenders’ Obligations with Respect to Revolving Credit Loans. Each Lender shall be obligated to participate in each request for Revolving Credit Loans pursuant to Section 2.5 [Revolving Credit Loan Requests; Swing Loan Requests] in accordance with its Ratable Share. The aggregate of each Xxxxxx’s Revolving Credit Loans outstanding hereunder to the Borrowers

Appears in 1 contract

Samples: Credit Agreement (DLH Holdings Corp.)

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Nature of Lenders’ Obligations with Respect to Revolving Credit Loans. Each Lender shall be obligated to participate in fund each request for Revolving Credit Loans pursuant to Section 2.5 [Revolving Credit Loan Requests; Swing Loan Requests] in accordance with its Ratable Share. The aggregate of each Xxxxxx’s Revolving Credit Loans outstanding hereunder to the Borrowers

Appears in 1 contract

Samples: Credit Agreement (Peabody Energy Corp)

Nature of Lenders’ Obligations with Respect to Revolving Credit Loans. Each Lender shall be obligated to participate in each request for Revolving Credit Loans pursuant to Section 2.5 2.6 [Revolving Credit Loan Requests; Conversions and Renewals; Swing Loan Requests] in accordance with its Ratable Share. The aggregate of each XxxxxxLender’s Revolving Credit Loans outstanding hereunder to the BorrowersBorrower at any time shall never exceed its Revolving Credit Commitment minus its Ratable Share of the outstanding Swing Loans and Letter of Credit

Appears in 1 contract

Samples: Credit Agreement (Ipalco Enterprises, Inc.)

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Nature of Lenders’ Obligations with Respect to Revolving Credit Loans. Each Lender shall be obligated to participate in fund each request for Revolving Credit Loans pursuant to Section 2.5 [Revolving Credit Loan Requests; Swing Loan Requests] in accordance with its Ratable Share. The aggregate of each Xxxxxx’s Revolving Credit Loans outstanding hereunder to the Borrowers.

Appears in 1 contract

Samples: Credit Agreement (Chesapeake Utilities Corp)

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