Common use of Payments as Revolving Loans Clause in Contracts

Payments as Revolving Loans. All payments of principal, interest, reimbursement obligations in connection with Vendor Inventory Financing, Letters of Credit, fees, premiums and other sums payable hereunder, including all reimbursement for expenses pursuant to Section 15.7, may, at the option of the Administrative Agent, in its sole discretion, subject only to the terms of this Section 4.4, be paid from the proceeds of Revolving Loans made hereunder, whether made following a request by the Borrower pursuant to Section 2.2 or a deemed request as provided in this Section 4.4. The Borrower hereby irrevocably authorizes the Administrative Agent to charge the Loan Account for the purpose of paying principal, interest, reimbursement obligations in connection with Vendor Inventory Financing, Letters of Credit, fees, premiums and other sums payable hereunder, including reimbursing expenses pursuant to Section 15.7, and agrees that all such amounts charged shall constitute Revolving Loans (including Non-Ratable Loans and Administrative Agent Advances) and that all such Revolving Loans so made shall be deemed to have been requested by Borrower pursuant to Section 2.2.

Payments as Revolving Loans. All payments of principal, interest, reimbursement obligations in connection with Vendor Inventory Financing, Letters of Credit, fees, premiums and other sums payable hereunderhereunder by the Borrower, including all reimbursement for expenses pursuant to Section SECTION 15.7, may, at the option of the Administrative Agent, in its sole discretion, subject only to the terms of this Section 4.4SECTION 4.7, be paid from the proceeds of Revolving Loans made hereunderhereunder for the account of the Borrower, whether made following a request by the Borrower pursuant to Section SECTION 2.2 or a deemed request as provided in this Section 4.4SECTION 4.7. The Borrower hereby irrevocably authorizes the Administrative Agent to charge the Loan Account of the Borrower for the purpose of paying principal, interest, reimbursement obligations in connection with Vendor Inventory Financing, Letters of Credit, fees, premiums and other sums payable hereunderhereunder by the Borrower, including reimbursing expenses pursuant to Section 15.7, and agrees that all such amounts charged shall constitute Revolving Loans (including Non-Ratable Loans and Administrative Agent Advances) and that all such Revolving Loans so made shall be deemed to have been requested by Borrower pursuant to Section 2.2.to

Payments as Revolving Loans. All payments of principal, interest, reimbursement obligations in connection with Vendor Inventory Financing, Letters of Credit and Credit Support for Letters of Credit, fees, premiums and other sums payable hereunder, including all reimbursement for expenses pursuant to Section SECTION 15.7, may, at the option of the Administrative Agent, in its sole discretion, subject only to the terms of this Section 4.4SECTION 4.7, be paid from the proceeds of Revolving Loans made hereunder, whether made following a request by the Borrower pursuant to Section SECTION 2.2 or a deemed request as provided in this Section 4.4SECTION 4.7. The Borrower hereby irrevocably authorizes the Administrative Agent to charge the Loan Account for the purpose of paying principal, interest, reimbursement obligations in connection with Vendor Inventory Financing, Letters of Credit, fees, premiums and other sums payable hereunder, including reimbursing expenses pursuant to Section SECTION 15.7, and agrees that all such amounts charged shall constitute Revolving Loans (including Non-Ratable Loans and Administrative Agent Advances) and that all such Revolving Loans so made shall be deemed to have been requested by Borrower pursuant to Section SECTION 2.2.

Payments as Revolving Loans. All payments of principal, interest, reimbursement obligations in connection with Vendor Inventory Financing, Letters of CreditCredit and Credit Support, fees, premiums premiums, and other sums payable hereunder, including including, without limitation, all reimbursement for expenses pursuant to Section SECTION 15.7, may, at the option of the Administrative Agent, in its sole discretion, subject only to the terms of this Section 4.4SECTION 4.5, be paid from the proceeds of Revolving Loans made hereunder, whether made following a request by the Borrower Borrowers, or any of them, pursuant to Section SECTION 2.2 or a deemed request as provided in this Section 4.4SECTION 4.5. The Borrower Borrowers hereby irrevocably authorizes authorize the Administrative Agent to charge the Loan Account for the purpose of paying principal, interest, reimbursement obligations in connection with Vendor Inventory Financing, Letters of CreditCredit and Credit Support, fees, premiums premiums, and other sums payable hereunder, including including, without limitation, reimbursing LOAN AND SECURITY AGREEMENT - PAGE 55 expenses pursuant to Section SECTION 15.7, and agrees agree that all such amounts charged shall constitute Revolving Loans (including Non-Ratable Loans and Administrative Agent Advances) and that all such Revolving Loans so made shall be deemed to have been requested by Borrower pursuant to Section SECTION 2.2.

Payments as Revolving Loans. All payments of principal, interest, reimbursement obligations in connection with Vendor Inventory Financing, Letters of Credit, fees, premiums and other sums payable hereunder, including all reimbursement for expenses pursuant to Section SECTION 15.7, may, at the option of the Administrative Agent, in its sole discretion, subject only to the terms of this Section 4.4SECTION 4.7, be paid from the proceeds of Revolving Loans made hereunder, whether made following a request by the Borrower pursuant to Section SECTION 2.2 or a deemed request as provided in this Section 4.4SECTION 4.7. The Borrower hereby irrevocably authorizes the Administrative Agent to charge the Loan Account for the purpose of paying principal, interest, reimbursement obligations in connection with Vendor Inventory Financing, Letters of Credit, fees, premiums and other sums payable hereunder, including reimbursing expenses pursuant to Section SECTION 15.7, and agrees that all such amounts charged shall constitute Revolving Loans (including Non-Ratable Bank of America Loans and Administrative Agent Advances) and that all such Revolving Loans so made shall be deemed to have been requested by Borrower pursuant to Section SECTION 2.2.

Payments as Revolving Loans. All payments of principal, interest, reimbursement obligations in connection with Vendor Inventory Financing, Letters of Credit and Credit Support for Letters of Credit, fees, premiums premiums, and other sums payable hereunder, including all reimbursement for expenses pursuant to Section SECTION 15.7, may, at the option of the Administrative Agent, in its sole discretion, subject only to the terms of this Section 4.4SECTION 4.7, be paid from the proceeds of Revolving Loans made hereunder, whether made following a request by the Borrower Borrowers, or any of them, pursuant to Section SECTION 2.2 or a deemed request as provided in this Section 4.4SECTION 4.7. The Borrower Borrowers hereby irrevocably authorizes authorize the Administrative Agent to charge the Loan Account for the purpose of paying principal, interest, reimbursement obligations in connection with Vendor Inventory Financing, Letters of Credit, fees, premiums premiums, and other sums payable hereunder, including reimbursing expenses pursuant to Section SECTION 15.7, and agrees that all such amounts charged shall constitute Revolving Loans (including Non-Ratable Loans and Administrative Agent Advances) and that all such Revolving Loans so made shall be deemed to have been requested by Borrower pursuant to Section SECTION 2.2.

Payments as Revolving Loans. All payments of principal, interest, reimbursement obligations in connection with Vendor Inventory Financing, Letters of CreditCredit and Credit Support, fees, premiums premiums, and other sums payable hereunder, including including, without limitation, all reimbursement for expenses pursuant to Section SECTION 15.7, may, at the option of the Administrative Agent, in its sole discretion, subject only to the terms of this Section 4.4SECTION 4.5, be paid from the proceeds of Revolving Loans made hereunder, whether made following a request by the Borrower Borrowers, or any of them, pursuant to Section SECTION 2.2 or a deemed request as provided in this Section 4.4SECTION 4.5. The Borrower Borrowers hereby irrevocably authorizes authorize the Administrative Agent to charge the Loan Account for the purpose of paying principal, interest, reimbursement obligations in connection with Vendor Inventory Financing, Letters of CreditCredit and Credit Support, fees, premiums premiums, and other sums payable hereunder, including including, without limitation, reimbursing expenses pursuant to Section SECTION 15.7, and agrees agree that all such amounts charged shall constitute Revolving Loans (including Non-Ratable Loans and Administrative Agent Advances) and that all such Revolving Loans so made shall be deemed to have been requested by Borrower pursuant to Section SECTION 2.2.

Payments as Revolving Loans. All payments of principal, interest, reimbursement obligations in connection with Vendor Inventory Financing, Letters of Credit and Credit Support for Letters of Credit, fees, premiums and other sums payable hereunder, including all reimbursement for expenses pursuant to Section SECTION 15.7, may, at the option of the Administrative Agent, in its sole discretion, subject only to the terms of this Section 4.4SECTION 4.7, be paid from the proceeds of Revolving Loans made hereunder, whether made following a request by the Borrower Borrowers pursuant to Section SECTION 2.2 or a deemed request as provided in this Section 4.4SECTION 4.7. The Borrower Borrowers hereby irrevocably authorizes authorize the Administrative Agent to charge the Loan Account for the purpose of paying principal, interest, reimbursement obligations in connection with Vendor Inventory Financing, Letters of Credit and Credit Support for Letters of Credit, fees, premiums and other sums payable hereunder, including reimbursing expenses pursuant to Section SECTION 15.7, and agrees agree that all such amounts charged shall constitute Revolving Loans (including Non-Ratable Loans and Administrative Agent Advances) and that all such Revolving Loans so made shall be deemed to have been requested by Borrower Borrowers pursuant to Section SECTION 2.2. The Agent shall provide notice to the Parent of the amounts charged pursuant to the immediately preceding sentence pursuant to monthly loan statements.