Common use of Revolver Facility Clause in Contracts

Revolver Facility. (a) As of the Effective Date (i) all Borrowings (as defined in the Existing Credit Agreement) under the Revolver Facility have been prepaid in full and (ii) the Total Commitment under the Revolver Facility has been permanently reduced, ratably among the Revolver Lenders, to $30,000,000, with the effect that the Revolver Commitment of each Lender on and after the Effective Date is in an amount equal to 10% of its Revolver Commitment immediately prior to the Effective Date. After giving effect to the foregoing, the respective Committed Sums of the Lenders are as stated next to their respective names on Schedule 2.1. (b) 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 $3,000,000 or a greater integral multiple of $100,000; and (c) on any date of determination, the Revolver Commitment Usage shall never exceed the Revolver Commitment.

Revolver Facility. (a) As of the Effective Date (i) all Borrowings (as defined in the Existing Credit Agreement) under the Revolver Facility have been prepaid in full and (ii) the Total Commitment under the Revolver Facility has been permanently reduced, ratably among the Revolver Lenders, to $30,000,000, with the effect that the Revolver Commitment of each Lender on and after the Effective Date is in an amount equal to 10% of its Revolver Commitment immediately prior to the Effective Date. After giving effect to the foregoing, the respective Committed Sums of the Lenders are as stated next to their respective names on Schedule 2.1. (b) Each Revolver Lender severally, but not jointly, agrees to lend to Borrower the Borrowers 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 $3,000,000 10,000,000 or a greater integral multiple of $100,000500,000 if a Eurodollar Rate Borrowing, or $5,000,000 or a greater integral multiple of $100,000 if a Base Rate Borrowing; and (c) on any date of determination, after giving effect to the requested Borrowing, the Revolver Commitment Usage shall never exceed the Revolver CommitmentCommitment and (d) on any date of determination, after giving effect to the requested Borrowing, each Revolver Lender's Commitment Percentage (under the Revolver Facility) of the Revolver Commitment Usage shall not exceed such Lender's Committed Sum.

Revolver Facility. (a) As of the Effective Date (i) all Borrowings (as defined in the Existing Credit Agreement) under the Revolver Facility have been prepaid in full and (ii) the Total Commitment under the Revolver Facility has been permanently reduced, ratably among the Revolver Lenders, to $30,000,000, with the effect that the Revolver Commitment of each Lender on and after the Effective Date is in an amount equal to 10% of its Revolver Commitment immediately prior to the Effective Date. After giving effect to the foregoing, the respective Committed Sums of the Lenders are as stated next to their respective names on Schedule 2.1. (b) Each Revolver Lender severally, but not jointly, agrees to lend to Borrower the Restricted Borrowers, and to the extent designated pursuant to the terms hereof, Unrestricted Borrowers, 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 $3,000,000 10,000,000 or a greater integral multiple of $100,000500,000 if a Eurodollar Rate Borrowing, or $5,000,000 or a greater integral multiple of $100,000 if a Base Rate Borrowing; and (c) on any date of determination, after giving effect to the requested Borrowing, the Revolver Commitment Usage shall never exceed the Revolver Commitment; (d) on any date of determination, after giving effect to the requested Borrowing, each Revolver Lender's Commitment Percentage (under the Revolver Facility) of the Revolver Commitment Usage shall not exceed such Lender's Committed Sum; (e) on any date of determination, after giving effect to the requested Borrowing, the aggregate amount of Principal Debt outstanding from all Borrowings made to all Unrestricted Borrowers shall not exceed $500,000,000; and (f) on any date of determination, after giving effect to the requested Borrowing, the aggregate amount of Principal Debt outstanding from all Borrowings made to each Unrestricted Borrower shall not exceed the Designated Amount for such Unrestricted Borrower. (b) Restricted Borrowers shall have the right to designate Unrestricted Borrowers by delivering to Administrative Agent a Designation Request, in which Restricted Borrowers designate a Person as an Unrestricted Borrower, certify that such Person satisfies the conditions precedent set forth in Section 7.2, and indicates the amount of the Revolver Commitment that will be made available to such Unrestricted Borrower (the "Designated Amount"), which Designated Amount, when aggregated with all other Designated Amounts for all Unrestricted Borrowers, shall never exceed $500,000,000; provided that there shall be no more than five Unrestricted Borrowers at any one time.

Revolver Facility. (a) As of the Effective Date (i) all Borrowings (as defined in the Existing Credit Agreement) under the Revolver Facility have been prepaid in full and (ii) the Total Commitment under the Revolver Facility has been permanently reduced, ratably among the Revolver Lenders, to $30,000,000, with the effect that the Revolver Commitment of each Lender on and after the Effective Date is in an amount equal to 10% of its Revolver Commitment immediately prior to the Effective Date. After giving effect to the foregoing, the respective Committed Sums of the Lenders are as stated next to their respective names on Schedule 2.1. (b) 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 thatPROVIDED 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 $100,000100,000 if a Base Rate Borrowing, or (iii) $1,000,000 or a greater integral multiple of $100,000 if a Swing Line Borrowing; and (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. (a) As of the Effective Date (i) all Borrowings (as defined in the Existing Credit Agreement) under the Revolver Facility have been prepaid in full and (ii) the Total Commitment under the Revolver Facility has been permanently reduced, ratably among the Revolver Lenders, to $30,000,000, with the effect that the Revolver Commitment of each Lender on and after the Effective Date is in an amount equal to 10% of its Revolver Commitment immediately prior to the Effective Date. After giving effect to the foregoing, the respective Committed Sums of the Lenders are as stated next to their respective names on Schedule 2.1. (b) 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) $3,000,000 1,000,000 or a greater integral multiple of $100,000100,000 if a Eurodollar Rate Borrowing, or (ii) $500,000 or a greater integral multiple of $100,000 if a Base Rate Borrowing; and (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 with respect to the Revolver Facility.

Revolver Facility. (a) As of the Effective Date (i) all Borrowings (as defined in the Existing Credit Agreement) under the Revolver Facility have been prepaid in full and (ii) the Total Commitment under the Revolver Facility has been permanently reduced, ratably among the Revolver Lenders, to $30,000,000, with the effect that the Revolver Commitment of each Lender on and after the Effective Date is in an amount equal to 10% of its Revolver Commitment immediately prior to the Effective Date. After giving effect to the foregoing, the respective Committed Sums of the Lenders are as stated next to their respective names on Schedule 2.1. (b) 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 $100,000100,000 if a Base Rate Borrowing, or (iii) $1,000,000 or a greater integral multiple of $100,000 if a Swing Line Borrowing; and (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.