Revolving Credit Loan. The Borrower hereby requests a [Revolving Credit Loan under §2.1] [Swing Loan under §2.5] of the Credit Agreement: Principal Amount: $ Type (LIBOR Rate, Base Rate): Drawdown Date: Interest Period for LIBOR Rate Loans: by credit to the general account of the Borrower with the Agent at the Agent’s Head Office. [If the requested Loan is a Swing Loan and the Borrower desires for such Loan to be a LIBOR Rate Loan following its conversion as provided in §2.5(d), specify the Interest Period following conversion: ]
Revolving Credit Loan. The undersigned Borrower hereby requests a [Revolving Credit Loan under §2.1] [Swing Loan under §2.5] of the Credit Agreement: Principal Amount: $__________ Type (LIBOR Rate, Base Rate): Drawdown Date: Interest Period for Revolving Credit LIBOR Rate Loans: by credit to the general account of the Borrower with the Agent at the Agent’s Head Office. [If the requested Loan is a Swing Loan and the Borrower desires for such Loan to be a Revolving Credit LIBOR Rate Loan following its conversion as provided in §2.5(d), specify the Interest Period following conversion:_________________]
Revolving Credit Loan. Revolving Credit Loan" has the meaning set forth in Section 2.1(b).
Revolving Credit Loan. (a) Subject to the terms and conditions of this Agreement, and so long as no Event of Default shall have occurred and be continuing, the Bank agrees to make loans and advances to the Company (the "Revolving Credit Loan") from time to time from the Closing Date until the Facility Number 1 Termination Date up to but not exceeding the Revolving Credit Commitment. Within such limits, and so long as no Defaults or Event of Default shall have occurred and be continuing, the Company may borrow, repay and reborrow, on a Domestic Business Day from the date of this Agreement until, but not including, the Facility Number 1 Termination Date and in an amount not to exceed the Borrowing Base Amount, as set forth in the most recent calculation of the Borrowing Base Amount as stated in a Borrowing Base Certificate delivered to the Bank, subject to verification by the Bank, and provided that the Bank's calculation of the Borrowing Base Amount shall be conclusive and final on all parties hereto. Except as otherwise permitted under Section 4.2 hereunder, at no time shall the Revolving Credit Loan, plus the sum of all outstanding Standby Letters of Credits exceed the Revolving Credit Commitment. The Company shall have the right to repay the amounts outstanding under the Revolving Credit Loan at any time in whole or in part plus, in the case of prepayment of a LIBOR Loan, the Bank's direct costs associated with the breakage of any LIBOR contracts resulting from such prepayment. The Company may terminate the financing arrangements under this Agreement at the Facility's Number 1 Termination Date or at any extension thereof by giving Lender written notice of such termination, in the manner set forth in Section 12.5 below, at least five (5) days prior thereto; provided that in order for any such notice of termination to become effective, the Company shall, on or before the Facility Number 1 Termination Date, pay the outstanding principal amount of the Revolving Credit Loan together with all Reimbursement Obligations, plus accrued interest to Bank, in full, in immediately available funds.
Revolving Credit Loan. The undersigned Borrower hereby requests a [Revolving Credit Loan under §2.1] of the Credit Agreement: Principal Amount: $ Type (LIBOR Rate, Base Rate): Drawdown Date: Interest Period for LIBOR Rate Loans: by credit to the general account of the Borrower with the Agent at the Agent’s Head Office.
Revolving Credit Loan. Subject to the terms of this Agreement, CNB agrees to make loans (“Revolving Credit Loans”) to Borrower, from the date of this Agreement up to but not including the Termination Date, at such times as Borrower may request, up to the amount of the lesser of (a) the Revolving Credit Commitment, or (b) twice the amount of EBITDA at the time of such request. The Revolving Credit Loans may be repaid and reborrowed at any time up to the Termination Date.
Revolving Credit Loan. This Mortgage is given to secure, among other things, a revolving credit loan and shall secure not only presently existing indebtedness under the Credit Agreement but also future advances, or otherwise, as are made within twenty (20) years from the date hereof, to the same extent as if such future advances were made on the date of the execution of this Mortgage, although there may be no advance made at the time of execution of this Mortgage and although there may be no indebtedness hereby secured outstanding at the time any advance is made. The lien of this Mortgage shall be valid as to all indebtedness hereby secured, including future advances, from the time of its filing for record in the recorder's or registrar's office of the county in which the Mortgaged Premises are located. The total amount of indebtedness hereby secured may increase or decrease from time to time, but the total unpaid balance of indebtedness hereby secured (including disbursements which Mortgagee may make under this Mortgage, the Credit Agreement or any other documents related thereto) at any one time outstanding shall not exceed a maximum principal amount of One Hundred Million Dollars ($100,000,000) plus interest thereon and any disbursements made for payment of taxes, special assessments or insurance on the Mortgaged Premises and interest on such disbursements (all such indebtedness being hereinafter referred to as the "maximum amount secured hereby"). This Mortgage shall be valid and have priority over all subsequent liens and encumbrances, including statutory liens, excepting solely taxes and assessments levied on the Mortgaged Premises, to the extent of the maximum amount secured hereby.
Revolving Credit Loan. The Borrower shall repay the entire outstanding principal amount of, and all accrued but unpaid interest on, each Revolving Credit Loan on the Revolving Credit Termination Date in the Currency in which such Revolving Credit Loan is denominated.
Revolving Credit Loan. (a) Subject to the terms and conditions hereof, Bank hereby extends to Borrower a line of credit facility (the "Facility") (the "Loan") under which Bank may make loans (the Revolving Loans") to Borrower at Borrower's request from time to time during the term of this Agreement. Bank will have discretion at all times as to whether or not to make any Revolving Loan, if there is any Event of Default. Borrower may borrow, prepay, and reborrow under the Facility, provided that the principal amount of all Revolving Loans outstanding at any one time under the Facility will not exceed the foregoing limits or those limits specified in the Revolving Note. If the amount of the Revolving Loans outstanding at any time under the Facility exceeds the limits set forth above or in the Revolving Note, Borrower will immediately pay the amount of such excess to Bank. Bank has agreed to make this loan upon the terms and subject to the conditions of this Agreement and all documents executed pursuant to or in connection with this Agreement (all such documents and this Agreement will be called ("Loan Documents"), provided the loan is secured as set forth in this Agreement.
Revolving Credit Loan. See Section 2.1(a) hereof. REVOLVING CREDIT NOTES. See Section 2.3(a).
