Common use of Revolving Credit Loan Clause in Contracts

Revolving Credit Loan. Subject to the terms and conditions hereof, during the period beginning on the date hereof (the "Facility Closing Date") and ending on the Revolving Period Termination Date, as the same may be extended pursuant to the Incorporated Loan Provisions (as hereinafter defined), Lender shall make advances (all such advances, collectively, the "Revolving Credit Loan") to Borrowers in such amounts as Borrowers shall request from time to time, provided that the maximum aggregate outstanding principal amount of the Revolving Credit Loan shall at no time exceed $25,000,000 (the "Commitment"). Each such advance hereunder may consist of Base Rate Loans or Eurodollar Loans (or a combination thereof), as Borrowers may request. Each such advance shall be made upon written or facsimile notice of Borrowers received by the Lender not later than 1:00 PM Eastern Time three (3) Business Days prior to the date of the proposed advance, and the amount of such proposed advance shall not be in an amount of less than $100,000. Each such notice shall specify whether such advance shall consist of Base Rate Loans, Eurodollar Loans or a combination thereof, and for each Eurodollar Loan that is requested, the Interest Period with respect thereto. Borrowers may borrow, repay and reborrow, subject to the limitations set forth above. The aggregate outstanding principal amount of the Revolving Credit Loan as of the Revolving Period Termination Date, together with all accrued and unpaid interest thereon, shall be due and payable in full on the earlier of (i) 364 days following the Revolving Period Termination Date, as the same may have been extended as aforesaid, and (ii) the Maturity Date; provided, however, that under no circumstances (including without limitation one or more extensions of the Revolving Period Termination Date pursuant to the Incorporated Loan Provisions referred to in Section 2.2 below) shall the Maturity Date be later than December 23, 2002. The Borrowers hereby promise to pay to the Lender the aggregate outstanding principal amount of the Revolving Credit Loan, plus all accrued and unpaid interest thereon, on the date such payment is due in accordance with the immediately preceding sentence.

Revolving Credit Loan. Subject to the terms and conditions hereof, during the period beginning on the date hereof (the "Facility Closing Date") and ending on the Revolving Period Termination Date, as the same may be extended pursuant to the Incorporated Loan Provisions (as hereinafter defined), Lender shall make advances (all such advances, collectively, the "Revolving Credit Loan") to Borrowers in such amounts as Borrowers shall request from time to time, provided that the maximum aggregate outstanding principal amount of the Revolving Credit Loan shall at no time exceed $25,000,000 (the "Commitment"). Each such advance hereunder may consist of Base Rate Loans or Eurodollar Loans (or a combination thereof), as Borrowers may request. Each such advance shall be made upon written or facsimile e-mail notice of Borrowers received by the Lender not later than 1:00 PM Eastern Time three (3) Business Days prior to the date of the proposed advance, and the amount of such proposed advance shall not be in an amount of less than $100,000. Each such notice shall specify whether such advance shall consist of Base Rate Loans, Eurodollar Loans or a combination thereof, and for each Eurodollar Loan that is requested, the Interest Period with respect thereto. If Borrowers shall fail to specify in any such notice (i) an applicable Interest Period in the case of a Eurodollar Loan, then such notice shall be deemed to be a request for an Interest Period of one month, or (ii) the type of Revolving Credit Loan requested, then such notice shall be deemed to be a request for a Base Rate Loan hereunder. Borrowers may borrow, repay and reborrow, subject to the limitations set forth above. The aggregate outstanding principal amount of the Revolving Credit Loan as of the Revolving Period Termination Date, together with all accrued and unpaid interest thereon, shall be due and payable in full on the earlier of (i) 364 days following the Revolving Period Termination Date, as the same may have been extended as aforesaid, and (ii) the Maturity Date; provided, however, that under no circumstances (including without limitation one or more extensions of the Revolving Period Termination Date pursuant to the Incorporated Loan Provisions referred to in Section 2.2 below) shall the Maturity Date be later than December 23, 2002. The Borrowers hereby promise to pay to the Lender the aggregate outstanding principal amount of the Revolving Credit Loan, plus all accrued and unpaid interest thereon, on the date such payment is due in accordance with the immediately preceding sentence.outstanding

Revolving Credit Loan. Subject to the terms and conditions hereof, during the period beginning on the date hereof (the "Facility Closing Date") and ending on the Revolving Period Termination Date, as the same may be extended pursuant to the Incorporated Loan Provisions (as hereinafter defined), Lender shall make advances (all such advances, collectively, the "Revolving Credit Loan") to Borrowers in such amounts as Borrowers shall request from time to time, provided that the maximum aggregate outstanding principal amount of the Revolving Credit Loan shall at no time exceed $25,000,000 (the "Commitment"). Each such advance hereunder may consist of Base Rate Loans or Eurodollar Loans (or a combination thereof), as Borrowers may request. Each such advance shall be made upon written or facsimile e-mail notice of Borrowers received by the Lender not later than 1:00 PM Eastern Time three (3) Business Days prior to the date of the proposed advance, and the amount of such proposed advance shall not be in an amount of less than $100,000. Each such notice shall specify whether such advance shall consist of Base Rate Loans, Eurodollar Loans or a combination thereof, and for each Eurodollar Loan that is requested, the Interest Period with respect thereto. Borrowers may borrow, repay and reborrow, subject to the limitations set forth above. The aggregate outstanding principal amount of the Revolving Credit Loan as of the Revolving Period Termination Date, together with all accrued and unpaid interest thereon, shall be due and payable in full on the earlier of (i) 364 days following the Revolving Period Termination Date, as the same may have been extended as aforesaid, and (ii) the Maturity Date; provided, however, that under no circumstances (including without limitation one or more extensions of the Revolving Period Termination Date pursuant to the Incorporated Loan Provisions referred to in Section 2.2 below) shall the Maturity Date be later than December 23, 2002. The Borrowers hereby promise to pay to the Lender the aggregate outstanding principal amount of the Revolving Credit Loan, plus all accrued and unpaid interest thereon, on the date such payment is due in accordance with the immediately preceding sentence.

Revolving Credit Loan. Subject to Upon the terms and subject to the conditions hereofof, during and in reliance upon the period beginning on representations and warranties made under, this Agreement, each Lender severally and not jointly agrees to make Advances, ratably according to such Lender's Commitment Percentage, to the date hereof (Borrower from time to time from and after the "Facility Closing Date") and ending on Effective Date to the Revolving Period Termination Date, as requested by the same may be extended pursuant to Borrower in accordance with the Incorporated Loan Provisions (as hereinafter defined)terms of SECTION 2.2, Lender shall make advances (all such advances, collectively, the "Revolving Credit Loan") to Borrowers in such amounts as Borrowers the Borrower shall request from request, up to an aggregate principal amount at any one time outstanding equal to the result obtained by multiplying such Lender's Commitment Percentage by the Borrowing Base in effect at such time; PROVIDED, provided HOWEVER, that it is agreed that should such Advances made by any Lender exceed the maximum amount so determined or any other limitation set forth in this Agreement, such Advances shall nevertheless constitute Secured Obligations and, as such, shall be entitled to all benefits thereof and security therefor. Each Borrowing under the Revolving Credit Facility shall consist of Advances of the same Type made on the same day by the Lenders ratably according to their respective Commitment Percentages and each Borrowing comprised of (i) Base Rate Advances and requested pursuant to SECTION 2.2(A)(I) shall be in an aggregate outstanding amount of $100,000 or an integral multiple thereof or (ii) Eurodollar Rate Advances shall be in an aggregate amount of $3,000,000 or an integral multiple of $500,000 in excess thereof. Within the limits of each Lender's Commitment, the principal amount of the Revolving Credit Loan shall at no time exceed $25,000,000 (the "Commitment"). Each such advance hereunder any Advance which is repaid may consist of Base Rate Loans or Eurodollar Loans (or a combination thereof), as Borrowers may request. Each such advance shall be made upon written or facsimile notice of Borrowers received by the Lender not later than 1:00 PM Eastern Time three (3) Business Days prior reborrowed subject to the terms of this SECTION 2.1. The Agent's and each Lender's books and records reflecting the date of the proposed advance, and the amount of such proposed advance each Borrowing under the Revolving Credit Facility and each repayment of principal thereof shall not be in an amount constitute PRIMA FACIE evidence of less than $100,000. Each such notice shall specify whether such advance shall consist the accuracy of Base Rate Loans, Eurodollar Loans or a combination thereof, and for each Eurodollar Loan that is requested, the Interest Period with respect thereto. Borrowers may borrow, repay and reborrowinformation contained therein, subject to the limitations set forth above. The aggregate outstanding principal amount provisions of the Revolving Credit Loan as of the Revolving Period Termination Date, together with all accrued and unpaid interest thereon, shall be due and payable in full on the earlier of (i) 364 days following the Revolving Period Termination Date, as the same may have been extended as aforesaid, and (ii) the Maturity Date; provided, however, that under no circumstances (including without limitation one or more extensions of the Revolving Period Termination Date pursuant to the Incorporated Loan Provisions referred to in Section 2.2 below) shall the Maturity Date be later than December 23, 2002. The Borrowers hereby promise to pay to the Lender the aggregate outstanding principal amount of the Revolving Credit Loan, plus all accrued and unpaid interest thereon, on the date such payment is due in accordance with the immediately preceding sentenceSECTION 3.14.

Revolving Credit Loan. Subject to the terms and conditions hereof, during the period beginning on the date hereof (the "Facility Closing Date") and ending on the Revolving Period Termination Date, as the same may be extended pursuant to the Incorporated Loan Provisions (as hereinafter defined), Lender shall make advances (all such advances, collectively, the "Revolving Credit Loan") to Borrowers in such amounts as Borrowers shall request from time to time, provided that the maximum aggregate outstanding principal amount of the Revolving Credit Loan shall at no time exceed $25,000,000 15,000,000 (the "Commitment"). Each such advance hereunder may consist of Base Rate Loans or Eurodollar Loans (or a combination thereof), as Borrowers may request. Each such advance shall be made upon written or facsimile e-mail notice of Borrowers received by the Lender not later than 1:00 PM Eastern Time three (3) Business Days prior to the date of the proposed advance, and the amount of such proposed advance shall not be in an amount of less than $100,000. Each such notice shall specify whether such advance shall consist of Base Rate Loans, Eurodollar Loans or a combination thereof, and for each Eurodollar Loan that is requested, the Interest Period with respect thereto. Borrowers may borrow, repay and reborrow, subject to the limitations set forth above. The aggregate outstanding principal amount of the Revolving Credit Loan as of the Revolving Period Termination Date, together with all accrued and unpaid interest thereon, shall be due and payable in full on the earlier of (i) 364 days following the Revolving Period Termination Date, as the same may have been extended as aforesaid, and (ii) the Maturity Date; provided, however, that under no circumstances (including without limitation one or more extensions of the Revolving Period Termination Date pursuant to the Incorporated Loan Provisions referred to in Section 2.2 below) shall the Maturity Date be later than December 23, 2002. The Borrowers hereby promise to pay to the Lender the aggregate outstanding principal amount of the Revolving Credit Loan, plus all accrued and unpaid interest thereon, on the date such payment is due in accordance with the immediately preceding sentence.