Revolver Facility Sample Clauses

Revolver Facility. (A) For so long as no Default or Event of Default exists and during the period from the date hereof through the day before the last day of the Original Term, Lender shall make Revolver Loans to Borrower from time to time, up to a maximum principal amount at any time outstanding equal to $35,000,000, minus, on any date of determination, (i) the outstanding principal balance of the Acquisition Loans, (ii) the outstanding principal balance of the Share Repurchase Loans and (iii) the amount of the LC Obligations (the "Commitment"). If the unpaid balance of the Loans should exceed the Commitment, such Loans shall nevertheless constitute Obligations that are entitled to all of the benefits thereof. The presentation by a Borrower for payment by Lender of any check or other item of payment drawn on the Controlled Disbursement Account shall also be deemed irrevocably to be a request for a Loan under Section 2.1 hereof in the amount of such check or other item of payment. Insofar as Borrower may request and Lender may be willing in its discretion to make Revolver Loans to Borrower at a time when the unpaid balance of Loans exceeds, or would exceed with the making of any such Revolver Loan, the Commitment (any such Revolver Loan or Revolver Loans being herein referred to individually as an "Overadvance" and collectively as "Overadvances"), Lender shall enter such Overadvances as debits in the Loan Account. All Overadvances shall be repaid on demand. The Revolver Loans shall be used solely for Borrower's working capital needs to the extent not inconsistent with the provisions of this Agreement. All Revolver Loans shall be evidenced by the Note and shall bear interest pursuant to Section 3 hereof. (B) If Borrower shall dispose of any fixed assets (including any real estate, machinery, plants or equipment), Borrower shall pay to Lender, as a mandatory prepayment of the Revolver Loans, if any are then outstanding, an amount equal to the proceeds of such sale (net of reasonable fees and expenses) realized by Borrower from any such sale.

Revolver Facility. Each Revolver Lender severally, but not jointly, agrees to lend to Borrower such Revolver Lender's Commitment Percentage of one or more Borrowings under the Revolver Facility not to exceed such Revolver Lender's Committed Sum under the Revolver Facility, which Borrowings may be repaid and reborrowed from time to time in accordance with the terms and provisions of the Loan Documents; provided that, (a) each such Borrowing must occur on a Business Day and no later than the Business Day immediately preceding the Termination Date for the Revolver Facility; (b) each such Borrowing shall be in an amount not less than (i) $7,000,000 or a greater integral multiple of $1,000,000 if a Eurodollar Rate Borrowing, (ii) $3,000,000 or a greater integral multiple of $100,000 if a Base Rate Borrowing, or (iii) $1,000,000 or a greater integral multiple of $100,000 if a Swing Line Borrowing; (c) on any date of determination, after giving effect to the requested Borrowing, the Revolver Commitment Usage shall never exceed the Revolver Commitment; and (d) on any date of determination, after giving effect to the requested Borrowing, each Lender's Commitment Percentage (under the Revolver Facility) of the Revolver Commitment Usage shall not exceed such Lender's Committed Sum.

Revolver Facility. Subject to and in reliance upon the terms, conditions, representations, and warranties in the Loan Papers, each Revolver Lender severally and not jointly agrees to lend to Borrower such Revolver Lender's Pro Rata Part of one or more Borrowings under the Revolver Facility not to exceed such Revolver Lender's Committed Sum under the Revolver Facility, which, may be repaid and reborrowed from time to time in accordance with the terms and provisions of the Loan Papers; PROVIDED THAT, (a) each such Borrowing must occur on a Business Day and no later than the Business Day immediately preceding the Termination Date for the Revolver Facility; (b) each such Borrowing shall be in an amount not less than (A) $5,000,000 or a greater integral multiple of $1,000,000 (if a Base Rate Borrowing or Eurodollar Rate Borrowing) or (B) $250,000 or a greater integral multiple thereof (if a Swing Line Borrowing); and (c) on any date of determination, the Revolver Commitment Usage shall never exceed the Revolver Commitment.

Revolver Facility. 31 2.2 Term Loan A Facility...........................................31 2.3 Term Loan B Facility...........................................32 2.4 Term Loan C Facility...........................................32 2.5 LC Subfacility.................................................32 2.6 Swing Line Subfacility.........................................35 2.7 Terminations or Reductions of Commitments......................37 2.8

Revolver Facility. Subject to the terms and conditions of this Agreement and in reliance upon the representations, warranties and covenants of the Loan Parties contained herein and in the other Loan Documents:

Revolver Facility. 1. Status Information for the Revolver Facility (a) Amount of Revolver Facility: $265,000,000 (b) Loans outstanding prior to the Borrowing requested herein: $ (c) Letters of Credit outstanding prior to the Borrowing requested herein: $ (d) Principal amount of Loans available to be borrowed (1(a) minus the sum of 1(b) and 1(c)): $ 2. Amount of Borrowing: $ 3. Requested date of Borrowing: , 200 . 4. Requested Type of Loan and applicable Dollar amount: (a) Base Rate Loan for $ (b) Eurodollar Rate Loan with Interest Period of: (i) one month for $ (ii) two months for $ (iii) three months for $ (iv) six months for $

Revolver Facility. Subject to the terms and conditions hereof including, without limitation, the conditions at each Extension of Credit set forth in Section 4.2 hereof, each Bank severally (and not jointly) agrees to make revolving credit loans under the Revolver Facility (the “Revolving Loans”) to the Borrowers on a joint and several basis from time to time during the Revolver Commitment Period in an aggregate principal amount at any one time outstanding not to exceed the amount of such Bank’s Revolver Commitment minus the sum of such Bank’s Commitment Percentage of (i) all Letter of Credit Obligations then outstanding and (ii) the principal amount of all Swing Line Loans then outstanding; provided, that after giving effect to each such Revolving Loan, the aggregate Revolver Exposure of such Bank at such time shall not exceed such Bank’s Revolver Commitment. The Revolver Commitments may be increased, reduced or terminated from time to time pursuant to Section 2.14. Within the foregoing limits, the Borrowers may during the Revolver Commitment Period borrow, repay and reborrow under the Revolver Commitments, subject to and in accordance with the terms and limitations hereof.

Revolver Facility. Each Lender severally, but not jointly, agrees to lend to Borrowers (on a joint and several liability basis) in Dollars such Lender's Commitment Percentage of one or more Borrowings under the Revolver Facility not to exceed such Lender's Committed Sum, which Borrowings may be repaid and reborrowed from time to time in accordance with the terms and provisions of the Loan Documents; provided that, (a) each such Borrowing must occur on a Business Day and no later than the Business Day immediately preceding the Termination Date; (b) each such Borrowing shall be in an amount not less than $5,000,000 or a greater integral multiple of $1,000,000 if a Eurodollar Rate Borrowing, $1,000,000 or a greater integral multiple of $100,000 if a Base Rate Borrowing or $100,000 if a Swing Line Borrowing; and (c) on any date of determination, the Revolver Commitment Usage shall never exceed the Revolver Commitment.

Revolver Facility. 23 2.2. Term Loan Facilities.........................................23 2.3. Terminations or Reductions of Commitments....................23 2.4.