Common use of Revolving Credit Borrowings Clause in Contracts

Revolving Credit Borrowings. Subject to the terms and conditions expressly set forth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans denominated in Dollars to the Borrowers pursuant to Section 2.02 (each such loan, together with any loans made pursuant to an Extended Revolving Credit Commitment, Incremental Revolving Loans and Refinancing Revolving Credit Loans, a “Revolving Credit Loan”) from time to time, on any Business Day during the period from and including the Closing Date until the Maturity Date, in an aggregate principal amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment; provided that after giving effect to any Revolving Credit Borrowing, the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender shall not exceed such Lender’s Revolving Credit Commitment. Within the limits of each Lender’s Revolving Credit Commitment, and subject to the other terms and conditions hereof, the Borrowers may borrow, prepay, and re-borrow, in each case without premium or penalty (subject to Section 3.05). Revolving Credit Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.

Appears in 3 contracts

Samples: Credit Agreement (Redwire Corp), Credit Agreement (Redwire Corp), Credit Agreement (Redwire Corp)

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Revolving Credit Borrowings. Subject to the terms and conditions expressly set forth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans denominated in Dollars to the Borrowers pursuant to Section 2.02 loans (each such loan, together with any loans made pursuant to an Extended Revolving Credit Commitment, Incremental Revolving Loans and Refinancing Revolving Credit Loans, a “Revolving Credit Loan”) to the Borrower from time to time, on any Business Day during the period from and including Availability Period for the Closing Date until the Maturity DateRevolving Credit Facility, in an aggregate principal amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment; provided that after giving effect to any Revolving Credit Borrowing, (i) the aggregate Outstanding Amount of Total Revolving Credit Outstandings shall not exceed the Revolving Credit Loans Facility, and (ii) the Revolving Credit Exposure of any Revolving Credit Lender shall not exceed such Revolving Credit Lender’s Revolving Credit Commitment. Within the limits of each Revolving Credit Lender’s Revolving Credit Commitment, and subject to the other terms and conditions hereof, the Borrowers Borrower may borrow, prepay, prepay and re-borrow, in each case without premium or penalty (subject to Section 3.05)reborrow Revolving Credit Loans. Revolving Credit Loans may be Base Rate Loans or Eurocurrency Eurodollar Rate Loans, as further provided herein.

Appears in 3 contracts

Samples: Credit Agreement (Nn Inc), Amendment and Restatement Agreement (Nn Inc), Credit Agreement (Nn Inc)

Revolving Credit Borrowings. Subject to the terms and conditions expressly set forth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans denominated in Dollars to the Borrowers pursuant to Section 2.02 loans (each such loan, together with any loans made pursuant to an Extended Revolving Credit Commitment, Incremental Revolving Loans and Refinancing Revolving Credit Loans, a “Revolving Credit Loan”) to the Borrowers, in Dollars or in an Alternative Currency, from time to time, time on any Business Day during the period from and including the Closing Date until the Maturity DateAvailability Period, in an aggregate principal amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment; provided provided, however, that after giving effect to any Revolving Credit Borrowing, (i) the aggregate Outstanding Amount of Total Revolving Credit Outstandings shall not exceed the Aggregate Revolving Credit Commitments, and (ii) the Revolving Credit Loans Exposure of any Lender shall not exceed such Lender’s Revolving Credit Commitment. Within the limits of each Revolving Credit Lender’s Revolving Credit Commitment, and subject to the other terms and conditions hereof, the Borrowers may borrowborrow under this Section 2.01(b), prepayprepay under Section 2.05, and re-borrow, in each case without premium or penalty (subject to reborrow under this Section 3.052.01(b). Revolving Credit Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.

Appears in 2 contracts

Samples: Credit Agreement (Clarcor Inc.), Credit Agreement (Clarcor Inc.)

Revolving Credit Borrowings. Subject to the terms and conditions expressly set forth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans denominated in Dollars to the Borrowers pursuant to Section 2.02 (each such loan, together with any loans made pursuant to an Extended Revolving Credit Commitment, Incremental Revolving Loans and Refinancing Revolving Credit Loans, a “Revolving Credit Loan”) from time to time, on any Business Day during the period from and including the Closing Date until the Maturity Date, in an aggregate principal amount not to exceed at any time outstanding the amount of such LenderXxxxxx’s Revolving Credit Commitment; provided that after giving effect to any Revolving Credit Borrowing, the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender shall not exceed such LenderXxxxxx’s Revolving Credit Commitment. Within the limits of each LenderXxxxxx’s Revolving Credit Commitment, and subject to the other terms and conditions hereof, the Borrowers may borrow, prepay, and re-borrow, in each case without premium or penalty (subject to Section 3.05). Revolving Credit Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.85

Appears in 1 contract

Samples: Credit Agreement (Redwire Corp)

Revolving Credit Borrowings. Subject to the terms and conditions expressly set forth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans denominated in Dollars to the Borrowers pursuant to Section 2.02 loans (each such loan, together with any loans made pursuant to an Extended Revolving Credit Commitment, Incremental Revolving Loans and Refinancing Revolving Credit Loans, a “Revolving Credit Loan”) to the Borrowers in Dollars or in one or more Alternative Currencies, from time to time, on any Business Day during the period from and including the Closing Date until the Maturity DateRevolving Credit Availability Period, in an aggregate principal amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment; provided provided, however, that after giving effect to any Revolving Credit Borrowing, (i) the aggregate Total Outstanding Revolving Credit Amount of shall not exceed the Aggregate Revolving Credit Commitments and (ii) the Revolving Credit Loans Exposure of any Revolving Credit Lender shall not exceed such Lender’s Revolving Credit Commitment. Within the limits of each Revolving Credit Lender’s Revolving Credit Commitment, and subject to the other terms and conditions hereof, the Borrowers may borrowborrow under this Section 2.1(a), prepayprepay under Section 2.3, and re-borrow, in each case without premium or penalty (subject to reborrow under this Section 3.052.1(a). Revolving Credit Loans may be Base Rate Loans, RFR Loans or Eurocurrency Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Aptargroup Inc)

Revolving Credit Borrowings. Subject to the terms and conditions expressly set forth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans denominated in Dollars to the Borrowers pursuant to Section 2.02 loans (each such loan, together with any loans made pursuant to an Extended Revolving Credit Commitment, Incremental Revolving Loans and Refinancing Revolving Credit Loans, a “Revolving Credit Loan”) to the Borrower from time to time, on any Business Day during the period from and including Availability Period for the Closing Date until the Maturity DateRevolving Credit Facility, in an aggregate principal amount not to exceed at any time outstanding the amount of such LenderXxxxxx’s Revolving Credit Commitment; provided provided, however, that after giving effect to any Revolving Credit Borrowing, (i) the aggregate Outstanding Amount of Total Revolving Credit Outstandings shall not exceed the Revolving Credit Loans of any Lender Facility, and (ii) the Revolving Credit Exposure shall not exceed such Revolving Credit Lender’s Revolving Credit Commitment. Within the limits of each LenderRevolving Credit Xxxxxx’s Revolving Credit Commitment, and subject to the other terms and conditions hereof, the Borrowers Borrower may borrowborrow under this Section 2.01(b), prepayprepay under Section 2.05, and re-borrow, in each case without premium or penalty (subject to reborrow under this Section 3.052.01(b). Revolving Credit Loans may be Base Rate Loans, Daily SOFR Loans or Eurocurrency Rate Term SOFR Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (TopBuild Corp)

Revolving Credit Borrowings. Subject to the terms and conditions expressly set forth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans denominated in Dollars to the Borrowers pursuant to Section 2.02 loans (each such loan, together with any loans made pursuant to an Extended Revolving Credit Commitment, Incremental Revolving Loans and Refinancing Revolving Credit Loans, a “Revolving Credit Loan”) to the Borrower from time to time, on any Business Day during the period from and including Availability Period for the Closing Date until the Maturity DateRevolving Credit Facility, in an aggregate principal amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment; provided provided, that after giving effect to any Revolving Credit Borrowing, (i) the aggregate Outstanding Amount of Total Revolving Credit Outstandings shall not exceed the Revolving Credit Loans Facility at such time, and (ii) the Revolving Credit Exposure of any Revolving Credit Lender shall not exceed such Lender’s Revolving Credit Commitment. Within the limits of each Revolving Credit Lender’s Revolving Credit Commitment, and subject to the other terms and conditions hereof, the Borrowers Borrower may borrowborrow under this Section 2.01(a), prepayprepay under Section 2.05, and re-borrow, in each case without premium or penalty (subject to reborrow under this Section 3.052.01(a). Revolving Credit Loans may be Base Rate Loans, Daily SOFR Loans or Eurocurrency Rate Term SOFR Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Apple Hospitality REIT, Inc.)

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Revolving Credit Borrowings. Subject to the terms and conditions expressly set forth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans denominated in Dollars to the Borrowers pursuant to Section 2.02 loans (each such loan, together with any loans made pursuant to an Extended Revolving Credit Commitment, Incremental Revolving Loans and Refinancing Revolving Credit Loans, a “Revolving Credit Loan”) to the Borrower, in Dollars or in an Alternative Currency, from time to time, time on any Business Day during the period from and including the Closing Date until the Maturity DateAvailability Period, in an aggregate principal amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment; provided provided, however, that after giving effect to any Revolving Credit Borrowing, (i) the aggregate Outstanding Amount of Total Revolving Credit Outstandings shall not exceed the Aggregate Revolving Credit Commitments, and (ii) the Revolving Credit Loans Exposure of any Lender shall not exceed such Lender’s Revolving Credit Commitment. Within the limits of each Revolving Credit Lender’s Revolving Credit Commitment, and subject to the other terms and conditions hereof, the Borrowers Borrower may borrowborrow under this Section 2.01(b), prepayprepay under Section 2.05, and re-borrow, in each case without premium or penalty (subject to reborrow under this Section 3.052.01(b). Revolving Credit Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Clarcor Inc.)

Revolving Credit Borrowings. Subject to the terms and conditions expressly set forth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans denominated in Dollars to the Borrowers pursuant to Section 2.02 (each such loan, together with any loans made pursuant to an Extended Revolving Credit Commitment, Incremental Revolving Loans and Refinancing Revolving Credit Loans, a “Revolving Credit Loan”) from time to time, on any Business Day during the period from and including the Closing Date until the Maturity Date, in an aggregate principal amount not to exceed at any time outstanding the amount of such LenderXxxxxx’s Revolving Credit Commitment; provided that after giving effect to any Revolving Credit Borrowing, the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender shall not exceed such LenderXxxxxx’s Revolving Credit Commitment. Within the limits of each Lender’s Revolving Credit Commitment, and subject to the other terms and conditions hereof, the Borrowers may borrow, prepay, and re-borrow, in each case without premium or penalty (subject to Section 3.05). Revolving Credit Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Redwire Corp)

Revolving Credit Borrowings. Subject to the terms and conditions expressly set forth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans denominated in Dollars to the Borrowers pursuant to Section 2.02 loans (each such loan, together with any loans made pursuant to an Extended Revolving Credit Commitment, Incremental Revolving Loans and Refinancing Revolving Credit Loans, a “Revolving Credit Loan”) to Borrower from time to time, on any Business Day during the period from and including the Closing Date until the Maturity DateAvailability Period, in an aggregate principal amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment; provided provided, however, that after giving effect to any Revolving Credit Borrowing, (i) the Total Revolving Credit Outstandings shall not exceed the Revolving Credit Facility, (ii) the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender shall not exceed such Lender’s Revolving Credit Commitment and (iii) the aggregate Outstanding Amount of all Loans of any Lender shall not exceed such Lender’s Term Commitment. Within the limits of each Lender’s Revolving Credit Commitment, and subject to the other terms and conditions hereof, Borrower may borrow and reborrow during the Borrowers may borrow, prepayAvailability Period under this Section 2.01, and re-borrow, in each case without premium or penalty (subject to prepay under Section 3.05)2.05. Revolving Credit Loans may be Base Rate Loans or Eurocurrency Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Anika Therapeutics Inc)

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