Common use of Revolving Commitment Clause in Contracts

Revolving Commitment. Each Lender severally agrees, on the terms and conditions set forth in this Agreement, to make Revolving Advances to the Borrower from time to time on any Business Day during the period from the Effective Date until the Maturity Date; provided that after giving effect to such Revolving Advances, the sum of the aggregate outstanding amount of all Revolving Advances plus the Letter of Credit Exposure plus the aggregate outstanding amount of all Swing Line Advances, shall not exceed the lesser of (i) the Borrowing Base in effect at such time and (ii) the Total Commitment in effect at such time. Each Revolving Borrowing shall (i) if comprised of Base Rate Advances be in an aggregate amount not less than $500,000.00 and in integral multiples of $100,000.00 in excess thereof, (ii) if comprised of Eurodollar Advances be in an aggregate amount not less than $1,000,000.00 and in integral multiples of $500,000.00 in excess thereof, and (iii) consist of Revolving Advances by the Lenders ratably according to their respective Revolving Commitment. Within the limits of each Lender's Revolving Commitment, the Borrower may from time to time borrow, prepay pursuant to Section 2.5, and reborrow under this Section 2.1(a).

Revolving Commitment. Each Revolving Lender severally agrees, on the terms and conditions set forth in this Agreement, to make Revolving Advances to the Borrower from time to time on any Business Day during the period from the Effective Closing Date until the Revolving Maturity Date; provided that after giving effect to such Revolving Advances, the sum of the aggregate outstanding amount of all Revolving Advances plus the Letter of Credit Exposure plus the aggregate outstanding amount of all Swing Line Advances, Outstandings shall not exceed the lesser of (i) the Borrowing Base in effect at such time and (ii) the Total Commitment aggregate Revolving Commitments in effect at such time. Each Revolving Borrowing shall (iA) if comprised of Base Rate Advances be in an aggregate amount not less than $500,000.00 C$500,000 and in integral multiples of $100,000.00 C$100,000 in excess thereofthereof (or the remaining amount of the Revolving Commitments, if less), (iiB) if comprised of Eurodollar Eurocurrency Advances be in an aggregate amount not less than $1,000,000.00 C$1,000,000 and in integral multiples of $500,000.00 C$500,000 in excess thereofthereof (or the remaining amount of the Revolving Commitments, if less), (C) if comprised of B/A Advances be in such minimum amounts as required under Section 2.18 and (iiiD) consist of Revolving Advances of the same Type made on the same day by the Revolving Lenders ratably according to their respective Revolving CommitmentCommitments; provided that, the aggregate Revolving Borrowings to be made on the Closing Date shall not exceed the Canadian Dollar Equivalent of $5,000,000. Within the limits of each Lender's ’s Revolving Commitment, the Borrower may from time to time borrow, prepay pursuant to Section 2.5, and reborrow under this Section 2.1(a).

Revolving Commitment. Each Lender severally agrees, on the terms and conditions set forth in this Agreement, to make Revolving Advances to the Borrower from time to time on any Business Day during the period from the Effective Date until the Revolving Maturity Date; provided that after giving effect to such Revolving Advances, the sum of the aggregate outstanding amount of all Revolving Advances plus the Letter of Credit Exposure plus the aggregate outstanding amount of all Swing Line Advances, shall not exceed the lesser of (i) the Borrowing Base in effect at such time and (ii) the Total Commitment aggregate Revolving Commitments in effect at such time. Each Revolving Borrowing shall (iA) if comprised of Base Rate Advances be in an aggregate amount not less than $500,000.00 and in integral multiples of $100,000.00 in excess thereof, (iiB) if comprised of Eurodollar Advances be in an aggregate amount not less than $1,000,000.00 and in integral multiples of $500,000.00 in excess thereof, and (iiiC) consist of Revolving Advances of the same Type made on the same day by the Revolving Lenders ratably according to their respective Revolving CommitmentCommitments. Within the limits of each Lender's ’s Revolving Commitment, the Borrower may from time to time borrow, prepay pursuant to Section 2.5, and reborrow under this Section 2.1(a).

Revolving Commitment. Each Revolving Lender severally agrees, on the terms and conditions set forth in this Agreement, to make Revolving Advances to the Borrower from time to time on any Business Day during the period from the Effective Date until the Revolving Maturity Date; provided that after giving effect to such Revolving Advances, the sum of the aggregate outstanding amount of all (i) such Revolving Advances plus the Letter of Lender’s Revolving Credit Exposure plus the aggregate outstanding amount of all Swing Line Advances, shall not exceed the lesser of (i) the Borrowing Base in effect at such time Revolving Lender’s Revolving Commitment and (ii) the Total Commitment aggregate Revolving Credit Exposures of all Revolving Lenders shall not exceed the aggregate Revolving Commitments in effect at such time. Each Revolving Borrowing shall consist of Revolving Advances of the same Type made on the same day by the Revolving Lenders according to their respective Revolving Pro Rata Shares and (iA) if comprised of Base Rate Advances be in an aggregate amount not less than $500,000.00 1,000,000 and in integral multiples of $100,000.00 500,000 in excess thereof, thereof or (iiB) if comprised of Eurodollar Advances be in an aggregate amount not less than $1,000,000.00 3,000,000 and in integral multiples of $500,000.00 1,000,000 in excess thereof, and (iii) consist of Revolving Advances by the Lenders ratably according to their respective Revolving Commitment. Within the limits of each Lender's Revolving Commitmentforegoing limits, the Borrower may from time to time borrow, prepay pursuant to Section 2.5, repay and reborrow under this Section 2.1(a)Revolving Advances as provided herein.

Revolving Commitment. Each Lender severally agrees, on the terms and conditions set forth in this Agreement, to make Revolving Advances to the Borrower from time to time on any Business Day during the period from the Effective Date April 15, 2014 until the Revolving Maturity Date; provided that after giving effect to such Revolving Advances, the sum of the aggregate outstanding amount of all Revolving Advances plus the Letter of Credit Exposure plus the aggregate outstanding amount of all Swing Line Advances, Outstandings shall not exceed the lesser of (i) prior to the Amendment No. 2 Effective Date only, the Borrowing Base in effect at such time and (ii) the Total Commitment aggregate Revolving Commitments in effect at such time. Each Revolving Borrowing shall (iA) if comprised of Base Rate Advances be in an aggregate amount not less than $500,000.00 100,000 and in integral multiples of $100,000.00 50,000 in excess thereof, (iiB) if comprised of Eurodollar Advances be in an aggregate amount not less than $1,000,000.00 100,000 and in integral multiples of $500,000.00 50,000 in excess thereof, and (iiiC) consist of Revolving Advances of the same Type made on the same day by the Revolving Lenders ratably according to their respective Revolving CommitmentCommitments. Within the limits of each Lender's ’s Revolving Commitment, the Borrower may from time to time borrow, prepay pursuant to Section 2.52.4, and reborrow Revolving Advances under this Section 2.1(a). From and after the Amendment No. 2 Effective Date, the availability hereunder shall be determined without reference to the Borrowing Base, and the Borrowing Base shall not be in effect.

Revolving Commitment. Each Lender severally agrees, on the terms and conditions set forth in this Agreement, to make Revolving Advances to the Borrower from time to time on any Business Day during the period from the Effective Closing Date until the Revolving Maturity Date; provided that after giving effect to such Revolving Advances, the sum of the aggregate outstanding amount of all Revolving Advances plus the Letter of Credit Exposure plus the aggregate outstanding amount of all Swing Line Advances, shall not exceed the lesser of (i) the Borrowing Base in effect at such time and (ii) the Total Commitment aggregate Revolving Commitments in effect at such time. Each Revolving Borrowing shall (iA) if comprised of Base Rate Advances be in an aggregate amount not less than $500,000.00 and in integral multiples of $100,000.00 in excess thereof, (iiB) if comprised of Eurodollar Advances be in an aggregate amount not less than $1,000,000.00 and in integral multiples of $500,000.00 in excess thereof, and (iiiC) consist of Revolving Advances of the same Type made on the same day by the Revolving Lenders ratably according to their respective Revolving CommitmentCommitments. Within the limits of each Lender's Revolving Commitment, the Borrower may from time to time borrow, prepay pursuant to Section 2.5, and reborrow under this Section 2.1(a).

Revolving Commitment. Each Lender severally agrees, on the terms and conditions set forth in this Agreement, to make Revolving Advances to the Borrower from time to time on any Business Day during the period from the Effective Closing Date until the Revolving Maturity Date; provided that after giving effect to such Revolving Advances, the sum of the aggregate outstanding amount of all Revolving Advances plus the Letter of Credit Exposure plus the aggregate outstanding amount of all Swing Line Advances, shall not exceed the lesser of (i) the Borrowing Base in effect at such time and (ii) the Total Commitment aggregate Revolving Commitments in effect at such time. Each Revolving Borrowing shall (iA) if comprised of Base Rate Advances be in an aggregate amount not less than $500,000.00 and in integral multiples of $100,000.00 in excess thereof, (iiB) if comprised of Eurodollar Advances be in an aggregate amount not less than $1,000,000.00 and in integral multiples of $500,000.00 in excess thereof, and (iiiC) consist of Revolving Advances of the same Type made on the same day by the Revolving Lenders ratably according to their respective Revolving CommitmentCommitments. Within the limits of each Lender's ’s Revolving Commitment, the Borrower may from time to time borrow, prepay pursuant to Section 2.5, and reborrow under this Section 2.1(a).