Common use of Revolving Credit Loans Clause in Contracts

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, each Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower from time to time from the Closing Date through the Revolving Credit Termination Date as requested by the Borrower in accordance with the terms of Section 2.2; provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Commitment less the sum of (i) all outstanding L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender's Revolving Credit Commitment less such Lender's participations in outstanding L/C Obligations. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Date.

Appears in 3 contracts

Samples: Credit Agreement (Jones Apparel Group Inc), Year Credit Agreement (Jones Apparel Group Inc), Credit Agreement (Jones Apparel Group Inc)

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Revolving Credit Loans. Subject to the terms and conditions of this AgreementAgreement and the other Loan Documents, and in reliance upon the representations and warranties set forth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower from time to time from the Closing Date through through, but not including, the Revolving Credit Termination Maturity Date as requested by the Borrower in accordance with the terms of Section 2.22.3; provided, that (a) on the Closing Date, the aggregate principal amount of all outstanding Revolving Credit Outstandings shall not exceed $200,000,000, (b) after the Closing Date, the Revolving Credit Loans (after giving effect to any amount requested) shall not exceed an amount equal to the Revolving Credit Commitment less the sum of (i) all outstanding Swingline Loans and L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and (bc) the principal amount of outstanding Revolving Credit Loans from any Revolving Credit Lender to the Borrower shall not at any time exceed such Revolving Credit Lender's ’s Revolving Credit Commitment less such Revolving Credit Lender's participations in ’s Revolving Credit Commitment Percentage of outstanding L/C ObligationsObligations and outstanding Swingline Loans. Each Revolving Credit Loan by a Revolving Credit Lender shall be in a principal amount equal to such Revolving Credit Lender's ’s Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Maturity Date.

Appears in 3 contracts

Samples: Credit Agreement (Aci Worldwide, Inc.), Credit Agreement (Aci Worldwide, Inc.), Credit Agreement (Aci Worldwide, Inc.)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, each Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower from time to time from the Closing Date through the Revolving Credit Termination Date as requested by the Borrower in accordance with the terms of Section 2.2; provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Commitment less the sum of (i) all outstanding L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender's Revolving Credit Commitment less such Lender's participations in outstanding L/C ObligationsCommitment. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Date.

Appears in 3 contracts

Samples: 364 Day Credit Agreement (Jones Apparel Group Inc), Credit Agreement (Jones Apparel Group Inc), Five Year Credit Agreement (Jones Apparel Group Inc)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, and in reliance upon the representations and warranties set forth herein, each Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower from time to time from the Closing Date through through, but not including, the Revolving Credit Termination Maturity Date as requested by the Borrower in accordance with the terms of Section 2.22.3; provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Commitment less the sum of (i) Swingline Commitment less all outstanding L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender's ’s Revolving Credit Commitment less such Lender's participations in ’s Revolving Credit Commitment Percentage of outstanding L/C ObligationsObligations and less such Lender’s Revolving Credit Commitment Percentage of the Swingline Commitment. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's ’s Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Maturity Date.

Appears in 3 contracts

Samples: Credit Agreement (O Charleys Inc), Credit Agreement (O Charleys Inc), Credit Agreement (O Charleys Inc)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, and in reliance upon the representations and warranties set forth herein, each Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower from time to time from the Closing Date through through, but not including, the Revolving Credit Termination Maturity Date as requested by the Borrower in accordance with the terms of Section 2.22.3; provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Commitment less the sum of (i) all outstanding Swingline Loans and L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender's Revolving Credit Commitment less such Lender's participations in Revolving Credit Commitment Percentage of outstanding L/C ObligationsObligations and outstanding Swingline Loans. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Maturity Date.

Appears in 3 contracts

Samples: Credit Agreement (Wackenhut Corrections Corp), Credit Agreement (Wackenhut Corrections Corp), Credit Agreement (Jack in the Box Inc /New/)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, and in reliance upon the representations and warranties set forth herein, each Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower Borrowers from time to time from after the Closing Date through to, but not including, the Revolving Credit Termination Maturity Date as requested by the Borrower Borrowers in accordance with the terms of Section 2.22.3; provided, provided that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed (i) the lesser of (x) the Revolving Credit Commitment and (y) the Borrowing Base Amount less (ii) the sum of (i) all outstanding Swingline Loans and L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower Borrowers shall not at any time exceed such Lender's ’s Revolving Credit Commitment less such Lender's participations in ’s Commitment Percentage of outstanding L/C ObligationsObligations and outstanding Swingline Loans. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Revolving Credit ’s Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may Borrowers may, jointly and severally, borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Maturity Date.

Appears in 2 contracts

Samples: Credit Agreement (Broadview Networks Holdings Inc), Credit Agreement (Broadview Networks Holdings Inc)

Revolving Credit Loans. Subject to the terms and conditions of this AgreementAgreement (including, without limitation, with respect to any BA Loan, Section 2.9), and in reliance upon the representations and warranties set forth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in Dollars any Permitted Currency to the Borrower from time to time from the Closing Date through through, but not including, the Revolving Credit Termination Maturity Date as requested by the Borrower in accordance with the terms of Section 2.22.5; provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (Loans, after giving effect to any amount requested) , shall not exceed the Revolving Credit Commitment less the sum of (i) all outstanding L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding Borrowing Limit and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed an amount equal to such Lender's ’s Revolving Credit Commitment less such Lender's participations in ’s Revolving Credit Commitment Percentage of outstanding L/C ObligationsObligations less such Lender’s Commitment Percentage of the Swingline Commitment. Each Revolving Credit Loan by a Revolving Credit Lender shall be in a principal amount equal to such Lender's ’s Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasionoccasion in the Permitted Currency requested by the Borrower. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Maturity Date.

Appears in 2 contracts

Samples: Eleventh Amendment and Consent (AbitibiBowater Inc.), Eleventh Amendment and Consent (Bowater Inc)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, and in reliance upon the representations and warranties set forth herein, each Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower from time to time from the Closing Date through through, but not including, the Revolving Credit Termination Maturity Date as requested by the Borrower in accordance with the terms of Section 2.22.3; provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Commitment less the sum of (i) all outstanding Swingline Loans and L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender's ’s Revolving Credit Commitment less such Lender's participations in ’s Revolving Credit Commitment Percentage of outstanding L/C ObligationsObligations and outstanding Swingline Loans. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's ’s Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Maturity Date.

Appears in 2 contracts

Samples: Credit Agreement (Tuesday Morning Corp/De), Credit Agreement (Tuesday Morning Corp/De)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, and in reliance upon the representations and warranties set forth herein, each Lender severally agrees to make Revolving Credit Loans to the US Borrower in Dollars to the Borrower from time to time from the Closing Date through through, but not including, the Revolving Credit Termination Maturity Date as requested by the US Borrower in accordance with the terms of Section 2.22.4; providedprovided that, that based upon the Dollar Amount of all outstanding Loans and L/C Obligations, (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Aggregate Commitment less the sum of (i) all outstanding Canadian Dollar Loans, Swingline Loans and L/C Obligations and (iib) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the US Borrower shall not at any time exceed such Lender's Revolving Credit ’s Commitment less such Lender's participations in ’s Commitment Percentage of all outstanding Canadian Dollar Loans, Swingline Loans and L/C Obligations. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Revolving Credit ’s Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the US Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Maturity Date.

Appears in 2 contracts

Samples: Credit Agreement (SCP Pool Corp), Credit Agreement (SCP Pool Corp)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, and in reliance upon the representations and warranties set forth herein, each Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower from time to time from the Closing Date through through, but not including, the Revolving Credit Termination Maturity Date as requested by the Borrower in accordance with the terms of Section 2.22.3; provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Aggregate Commitment less the sum of (i) all outstanding Swingline Loans and L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender's ’s Revolving Credit Commitment less such Lender's participations in ’s Revolving Credit Commitment Percentage of outstanding L/C ObligationsObligations and outstanding Swingline Loans. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's ’s Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Maturity Date.

Appears in 2 contracts

Samples: Credit Agreement (Family Dollar Stores Inc), Credit Agreement (Family Dollar Stores Inc)

Revolving Credit Loans. Subject to the terms and conditions of this AgreementAgreement and in reliance upon the representations and warranties set forth herein, each Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower from time to time from the Closing Date through through, but not including, the Revolving Credit Termination Maturity Date as requested by the Borrower in accordance with the terms of Section 2.22.3; provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Aggregate Commitment less the sum of (i) all outstanding Swingline Loans and L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender's Revolving Credit ’s Commitment less such Lender's participations in ’s Commitment Percentage of outstanding L/C ObligationsObligations and outstanding Swingline Loans. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Revolving Credit ’s Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Maturity Date.

Appears in 2 contracts

Samples: Credit Agreement (Lmi Aerospace Inc), Credit Agreement (Lmi Aerospace Inc)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, and in reliance upon the representations and warranties set forth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower Borrowers from time to time from the Closing Date through through, but not including, the Revolving Credit Termination Date as requested by the Borrower Borrowers in accordance with the terms of Section 2.22.3; provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Commitment less (i) the Swingline Sublimit Amount and (ii) the sum of (i) all outstanding L/C Obligations and (iib) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower Borrowers shall not at any time exceed such Lender's ’s Revolving Credit Commitment less (i) such Lender's participations in ’s Revolving Credit Commitment Percentage of outstanding L/C ObligationsObligations with respect to Letters of Credit and (ii) such Lender’s Revolving Credit Commitment Percentage of the Swingline Sublimit Amount. Each Revolving Credit Loan by a Revolving Credit Lender shall be in a principal amount equal to such Lender's ’s Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower Borrowers may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Date.

Appears in 2 contracts

Samples: Credit Agreement (Belk Inc), Credit Agreement (Belk Inc)

Revolving Credit Loans. Subject to the terms and conditions of this Agreementhereof and relying upon the representations and warranties herein set forth, each Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies to the Borrower at any time or from time to time from on or after the Closing Date through date hereof to the Revolving Credit Termination Date as requested by the Borrower in accordance with the terms of Section 2.2; providedExpiration Date, that provided that: (ai) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Commitment less the sum of (i) all outstanding L/C Obligations and (ii) each such Loan, the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender's Revolving Credit Commitment less such Lender's participations in outstanding L/C Obligations. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate principal Dollar Equivalent amount of Revolving Credit Loans requested on from such occasionLender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Revolving Credit Ratable Share of the Dollar Equivalent amount of Letters of Credit Outstanding; (ii) the Revolving Facility Usage shall not exceed the aggregate Revolving Credit Commitments; and (iii) no Revolving Credit Loan to which the Base Rate Option applies shall be made in an Optional Currency. Subject Within such limits of time and amount and subject to the terms and conditions hereofother provisions of this Agreement, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until pursuant to this Section 2.1. The Borrower shall repay in full the outstanding principal amount of the Revolving Credit Termination DateLoans, together with all accrued interest thereon and all fees and other amounts owing under any of the Loan Documents relating thereto on the Expiration Date or earlier termination of the Revolving Credit Commitments in connection with the terms hereof.

Appears in 2 contracts

Samples: Joinder and Assumption Agreement (Under Armour, Inc.), Credit Agreement (Under Armour, Inc.)

Revolving Credit Loans. Subject to the terms and conditions of this AgreementAgreement and the other Loan Documents, and in reliance upon the representations and warranties set forth herein, each Lender severally agrees to make Revolving Credit Loans in Dollars to the Applicable Borrower in Permitted Currencies from time to time from the Closing Date through through, but not including, the Revolving Credit Termination Maturity Date as requested by the Borrower U.S. Borrower, on behalf of the Applicable Borrower, in accordance with the terms of Section 2.22.3; provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) Outstandings shall not exceed the Revolving Credit Commitment less the sum of (i) all outstanding L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding Commitment, and (b) the aggregate principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower plus such Lender’s Revolving Credit Commitment Percentage of outstanding L/C Obligations and outstanding Swingline Loans shall not at any time exceed such Lender's ’s Revolving Credit Commitment less such Lender's participations in outstanding L/C ObligationsCommitment. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's ’s Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower Borrowers may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Maturity Date.

Appears in 2 contracts

Samples: Credit Agreement (Owens Corning), Credit Agreement (Owens Corning)

Revolving Credit Loans. Subject to the terms and conditions of this AgreementAgreement and the other Loan Documents, and in reliance upon the representations and warranties set forth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower Borrowers from time to time from the Closing Date through through, but not including, the Revolving Credit Termination Maturity Date as requested by the Borrower Agent in accordance with the terms of Section 2.22.3; provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) Outstandings shall not exceed the lesser of the Revolving Credit Commitment less and the sum of (i) all outstanding L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding Borrowing Base and (b) the principal amount of outstanding Revolving Credit Loans from any Revolving Credit Lender to the Borrower plus such Revolving Credit Lender’s Revolving Credit Commitment Percentage of outstanding L/C Obligations and outstanding Swingline Loans shall not at any time exceed such Lender's Revolving Credit Commitment less such Lender's participations in outstanding L/C Obligations’s Revolving Credit Commitment. Each Revolving Credit Loan by a Revolving Credit Lender shall be in a principal amount equal to such Revolving Lender's ’s Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower Borrowers may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Maturity Date.

Appears in 2 contracts

Samples: Credit Agreement (Alon Brands, Inc.), Credit Agreement (Alon USA Energy, Inc.)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, and in reliance upon the representations and warranties set forth herein, each Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower from time to time from the Closing Date through through, but not including, the Revolving Credit Termination Maturity Date as requested by the Borrower in accordance with the terms of Section 2.22.3; provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Commitment less the sum of (i) Swingline Commitment less all outstanding L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender's Revolving Credit Commitment less such Lender's participations in Revolving Credit Commitment Percentage of outstanding L/C ObligationsObligations and less such Lender's Revolving Credit Commitment Percentage of the Swingline Commitment. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Maturity Date.

Appears in 2 contracts

Samples: Credit Agreement (O Charleys Inc), Credit Agreement (O Charleys Inc)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, and in reliance upon the representations and warranties set forth herein, each Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower from time to time from the Closing Date through through, but not including, the Revolving Credit Termination Maturity Date as requested by the Borrower in accordance with the terms of Section 2.22.3; provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Aggregate Commitment less the sum of (i) all outstanding Swingline Loans and L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender's ’s Revolving Credit Commitment less such Lender's participations in ’s Revolving Credit Commitment Percentage of outstanding L/C ObligationsObligations and outstanding Swingline Loans. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's ’s Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Maturity Date.

Appears in 2 contracts

Samples: Credit Agreement (Family Dollar Stores Inc), Credit Agreement (Family Dollar Stores Inc)

Revolving Credit Loans. Subject to the terms and conditions of this AgreementAgreement and in reliance upon the representations and warranties set forth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower from time to time from the Closing Date through through, but not including, the Revolving Credit Termination Maturity Date as requested by the Borrower in accordance with the terms of Section 2.22.3; provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Commitment less the sum of (i) all outstanding Swingline Loans and L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Revolving Credit Lender to the Borrower shall not at any time exceed such Revolving Credit Lender's ’s Revolving Credit Commitment less such Revolving Credit Lender's participations in ’s Revolving Credit Commitment Percentage of outstanding L/C ObligationsObligations and outstanding Swingline Loans. Each Revolving Credit Loan by a Revolving Credit Lender shall be in a principal amount equal to such Revolving Credit Lender's ’s Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Maturity Date.

Appears in 2 contracts

Samples: Credit Agreement (Blackbaud Inc), Credit Agreement (Blackbaud Inc)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, and in reliance upon the representations and warranties set forth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower from time to time from the Closing Date through through, but not including, the Revolving Credit Termination Maturity Date as requested by the Borrower in accordance with the terms of Section 2.2; providedPROVIDED, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Commitment less LESS the sum of (i) all outstanding L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Revolving Credit Lender to the Borrower shall not at any time exceed such Lender's Revolving Credit Commitment less LESS such Lender's participations in outstanding Revolving Credit Commitment Percentage of the L/C Obligations. Each Revolving Credit Loan by a Revolving Credit Lender shall be in a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Hickory Tech Corp)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, and in reliance upon the representations and warranties set forth herein, each Lender with a Revolving Credit Commitment severally agrees to make Revolving Credit Loans in Dollars to the Borrower from time to time from the Closing Date through through, but not including, the Revolving Credit Termination Maturity Date as requested by the Borrower in accordance with the terms of Section 2.22.3; provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Commitment less the sum of (i) all outstanding Swingline Loans and L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender's Revolving Credit Commitment less such Lender's participations in Revolving Credit Commitment Percentage of outstanding L/C ObligationsObligations and outstanding Swingline Loans. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Jack in the Box Inc /New/)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, and in reliance upon the representations and warranties set forth herein, each Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower Borrowers from time to time from after the Closing Date through to, but not including, five (5) Business Days prior to the Revolving Credit Termination Maturity Date as requested by the Borrower Borrowers in accordance with the terms of Section 2.22.3; provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed (i) the lesser of (x) the Revolving Credit Commitment and (y) the Borrowing Base Amount less (ii) the sum of (i) all outstanding Swingline Loans, Protective Advances and L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower Borrowers shall not at any time exceed such Lender's ’s Revolving Credit Commitment less such Lender's participations in ’s Commitment Percentage of outstanding L/C Obligations, outstanding Swingline Loans and outstanding Protective Advances. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Revolving Credit ’s Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may Borrowers may, jointly and severally, borrow, repay and reborrow Revolving Credit Loans hereunder until five (5) Business Days prior to the Revolving Credit Termination Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Broadview Networks Holdings Inc)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, and in reliance upon the representations and warranties set forth herein, each Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower from time to time from the Closing Date through through, but not including, the Revolving Credit Termination Maturity Date as requested by the Borrower in accordance with the terms of Section 2.22.3; provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Commitment less the sum of (i) all outstanding Swingline Loans and L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and Obligations, (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender's ’s Revolving Credit Commitment less such Lender's participations in ’s Revolving Credit Commitment Percentage of outstanding L/C ObligationsObligations and outstanding Swingline Loans and (c) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not be increased on the Acquisition Date by more than Six Million Dollars ($6,000,000). Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's ’s Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Maturity Date. Each Lender’s Revolving Credit Commitment as of the Closing Date is set forth on the applicable Lender Addendum.

Appears in 1 contract

Samples: Credit Agreement (Geo Group Inc)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, and in reliance upon the representations and warranties set forth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower from time to time from the Closing Date through up to, but not including, the Revolving Credit Termination Maturity Date as requested by the Borrower in accordance with the terms of Section 2.2; provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Commitment less the sum of (i) all outstanding L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Revolving Credit Lender to the Borrower shall not at any time exceed such Revolving Credit Lender's ’s Revolving Credit Commitment less such Revolving Credit Lender's participations in ’s Revolving Credit Commitment Percentage of outstanding L/C Obligations. Each Revolving Credit Loan by a Revolving Credit Lender shall be in a principal amount equal to such Revolving Lender's ’s Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay prepay and reborrow Revolving Credit Loans hereunder until up to, but not including, the Revolving Credit Termination Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Digital Generation Systems Inc)

Revolving Credit Loans. Subject to the terms and conditions of this AgreementAgreement (including, without limitation, Section 10.6(c)), and in reliance upon the representations and warranties set forth herein, each Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower from time to time from the Closing Date through through, but not including, the Revolving Credit Termination Maturity Date as requested by the Borrower in accordance with the terms of Section 2.22.3; provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Aggregate Commitment less the sum of (i) all outstanding Swingline Loans and L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender's Revolving Credit Commitment less such Lender's participations in Commitment Percentage of outstanding L/C ObligationsObligations and outstanding Swingline Loans. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Blackbaud Inc)

Revolving Credit Loans. (a) Subject to the terms and conditions (including without limitation Section 4.4) of this Agreement, and in reliance upon the representations and warranties set forth herein, each Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower from time to time from the Closing Date through to, but not including, the Revolving Credit Termination Date as requested by the Borrower in accordance with the terms of Section 2.24.1; provided, that (ai) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Commitment less the sum of (iA) all outstanding Swingline Loans and Revolver L/C Obligations and (iiB) the aggregate principal amount Blocked Portion as of all Competitive Bid Loans then outstanding such date and (bii) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender's Revolving Credit Commitment less such Lender's participations in outstanding Revolving Credit Commitment Percentage of Revolver L/C ObligationsObligations and outstanding Swingline Loans. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Suburban Propane Partners Lp)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, and in reliance upon the representations and warranties set forth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower Borrowers from time to time from the Closing Date through through, but not including, the Revolving Credit Termination Date as requested by the Borrower Borrowers in accordance with the terms of Section 2.22.3; provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Commitment less the sum of (i) all outstanding Swingline Loans and L/C Obligations and (iib) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower Borrowers shall not at any time exceed such Lender's ’s Revolving Credit Commitment less the sum of such Lender's participations in ’s Revolving Credit Commitment Percentage of outstanding L/C ObligationsObligations and Swingline Loans. Each Revolving Credit Loan by a Revolving Credit Lender shall be in a principal amount equal to such Lender's ’s Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower Borrowers may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Belk Inc)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, and in reliance upon the representations and warranties set forth herein, each Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower from time to time from the Original Closing Date through through, but not including, the Revolving Credit Termination Maturity Date as requested by the Borrower in accordance with the terms of Section 2.22.3; provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Commitment less the sum of (i) all outstanding Swingline Loans and L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and Obligations, (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender's Revolving Credit Commitment less such Lender's participations in Revolving Credit Commitment Percentage of outstanding L/C ObligationsObligations and outstanding Swingline Loans and (c) after giving effect to such Loan the Borrower and its Subsidiaries shall be in pro forma compliance with Section 10.5 hereof. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Maturity Date. Revolving Credit Loans made on the Original Closing Date shall be funded in a manner consistent with the provisions of Section 6.2(g)(i).

Appears in 1 contract

Samples: Credit Agreement (Veridian Corp)

Revolving Credit Loans. (a) Subject to the terms and conditions (including without limitation Section 4.4) of this Agreement, and in reliance upon the representations and warranties set forth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower from time to time from the Closing Date through to, but not including, the Revolving Credit Termination Date as requested by the Borrower in accordance with the terms of Section 2.24.1; provided, that (ai) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Commitment less the sum of (iA) all outstanding Swingline Loans and Revolver L/C Obligations and (iiB) the aggregate principal amount Blocked Portion as of all Competitive Bid Loans then outstanding such date and (bii) the principal amount of outstanding Revolving Credit Loans from any Revolving Credit Lender to the Borrower shall not at any time exceed such Revolving Credit Lender's Revolving Credit Commitment less such Revolving Credit Lender's participations in outstanding Revolving Credit Commitment Percentage of Revolver L/C ObligationsObligations and outstanding Swingline Loans. Each Revolving Credit Loan by a Revolving Credit Lender shall be in a principal amount equal to such Revolving Credit Lender's Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Suburban Propane Partners Lp)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, each Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower from time to time from the Closing Date through the Revolving Credit Termination Date as requested by the Borrower in accordance with the terms of Section 2.2; providedPROVIDED, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Commitment less LESS the L/C Obligations, (b) each Lender's Revolving Credit Commitment Percentage of the sum of (i) all outstanding L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower and L/C Obligations shall not at any time exceed such Lender's Revolving Credit Commitment less such Lender's participations and (c) except for Revolving Credit Loans which are made as a part of the Initial Loans, the Lenders shall have no obligation to make additional Revolving Credit Loans until the Acquisition Filing in outstanding L/C Obligationsaccordance with Section 6.3(d). Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Marshall Industries)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, and in reliance upon the representations and warranties set forth herein, each Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower Borrowers from time to time from the Closing Date through through, but not including, the Revolving Credit Termination Maturity Date as requested by the Borrower Company, on behalf of the applicable Borrower, in accordance with the terms of Section 2.22.3; provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Aggregate Commitment less the sum of (i) all outstanding Swingline Loans, L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender's ’s Revolving Credit Commitment less such Lender's participations in ’s Revolving Credit Commitment Percentage of outstanding L/C ObligationsObligations and outstanding Swingline Loans. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's ’s Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower Borrowers may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Family Dollar Stores Inc)

Revolving Credit Loans. Subject to the terms and conditions of this AgreementAgreement and the other Loan Documents, and in reliance upon the representations and warranties set forth herein and therein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower from time to time from the Closing Date through through, but not including, the Revolving Credit Termination Maturity Date as requested by the Borrower in accordance with the terms of Section 2.22.3; provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Commitment less the sum of (i) all outstanding Swingline Loans and L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and Obligations, (b) the principal amount of outstanding Revolving Credit Loans from any Revolving Credit Lender to the Borrower shall not at any time exceed such Lender's ’s Revolving Credit Commitment less such Lender's participations in ’s Revolving Credit Commitment Percentage of outstanding L/C ObligationsObligations and outstanding Swingline Loans and (c) no more than $450,000,000 of Revolving Credit Loans and Swingline Loans may be borrowed on the Closing Date. Each Revolving Credit Loan made by a Lender shall be in a principal amount equal to such Lender's ’s Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Jack in the Box Inc /New/)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, each Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower Borrowers from time to time from the Closing Date through the Revolving Credit Termination Date as requested by the Borrower Borrowers in accordance with the terms of Section 2.22.3; provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Aggregate Commitment less the sum of (i) all outstanding Swingline Loans and the L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and Obligations, (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower Borrowers shall not at any time exceed such Lender's Commitment and (c) the Lenders shall not be required to make any Revolving Credit Commitment less such Lender's participations Loans to the Borrowers in outstanding L/C Obligationsconnection with the redemption or purchase of certain shares of the common stock of ShoLodge as permitted under Section 10.8(b) unless the Borrowers shall have complied with the terms of Section 2.8(b). Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower Borrowers may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Sholodge Inc)

Revolving Credit Loans. Subject to the terms and conditions of this Agreementhereof and relying upon the representations and warranties herein set forth, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower Borrowers at any time or from time to time from on or after the Closing Date through to the Revolving Credit Termination Date as requested by the Borrower in accordance with the terms of Section 2.2Expiration Date; provided, provided that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any such Loan (i) the aggregate amount requestedof Revolving Credit Loans from such Revolving Credit Lender shall not exceed such Revolving Credit Lender’s Revolving Credit Commitment minus such Revolving Credit Lender’s Applicable Revolving Credit Percentage of the principal amount of the then outstanding Swing Loans and such Revolving Credit Lender’s Applicable Revolving Credit Percentage of the Dollar Equivalent amount of Letter of Credit Obligations and (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitment less the sum Commitments. Within such limits of (i) all outstanding L/C Obligations time and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Lender subject to the Borrower shall not at any time exceed such Lender's Revolving Credit Commitment less such Lender's participations in outstanding L/C Obligations. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Revolving Credit Commitment Percentage other provisions of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereofthis Agreement, the Borrower Borrowers may borrow, repay and reborrow Revolving Credit Loans hereunder until pursuant to this Section 2.1. The Borrowers shall repay in full the outstanding principal amount of the Revolving Credit Termination DateLoans, together with all accrued interest thereon and all fees and other amounts owing under any of the Loan Documents related thereto, on the Expiration Date or earlier termination of the Revolving Credit Commitments in connection with the terms hereof.

Appears in 1 contract

Samples: Master Lease Agreement (Gsi Commerce Inc)

Revolving Credit Loans. (a) Subject to the terms and conditions (including without limitation SECTION 4.4) of this Agreement, and in reliance upon the representations and warranties set forth herein, each Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower from time to time from the Closing Date through to, but not including, the Revolving Credit Termination Date as requested by the Borrower in accordance with the terms of Section 2.2SECTION 4.1; providedPROVIDED, that (ai) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Commitment less LESS the sum of (iA) all outstanding Swingline Loans and L/C Obligations and (iiB) the aggregate principal amount Blocked Portion as of all Competitive Bid Loans then outstanding such date and (bii) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender's Revolving Credit Commitment less LESS such Lender's participations in outstanding Revolving Credit Commitment Percentage of L/C ObligationsObligations and outstanding Swingline Loans. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Suburban Propane Partners Lp)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, and in reliance upon the representations and warranties set forth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower from time to time from the Closing Date through through, but not including, the Revolving Credit Termination Maturity Date as requested by the Borrower in accordance with the terms of Section 2.22.3; provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Commitment less the sum of (i) all outstanding Swingline Loans and L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Revolving Credit Lender to the Borrower shall not at any time exceed such Lender's ’s Revolving Credit Commitment less such Lender's participations in ’s Revolving Credit Commitment Percentage of outstanding L/C ObligationsObligations and outstanding Swingline Loans. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's ’s Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Jack in the Box Inc /New/)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, and in reliance upon the representations and warranties set forth herein, each Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower from time to time from the Closing Date through through, but not including, the Revolving Credit Termination Maturity Date as requested by the Borrower in accordance with the terms of Section 2.22.3; provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Commitment less the sum of (i) all outstanding Swingline Loans and L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender's ’s Revolving Credit Commitment less such Lender's participations in ’s Revolving Credit Commitment Percentage of outstanding Swingline Loans and L/C Obligations. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Revolving Credit ’s Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder from the Closing Date until the Revolving Credit Termination Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Radyne Corp)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, and in reliance upon the representations and warranties set forth herein, each Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower from time to time from the Closing Date through through, but not including, the Revolving Credit Termination Date as requested by the Borrower Borrower, in accordance with the terms of Section 2.22.4; provided, that that, based upon the Dollar Amount of all outstanding Loans and L/C Obligations, (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Aggregate Commitment less the Swingline Commitment less the sum of (i) all outstanding Alternative Currency Loans and L/C Obligations and (iib) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender's Revolving Credit Commitment less such Lender's participations in Commitment Percentage of the Swingline Commitment less such Lender's Commitment Percentage of the sum of all outstanding Alternative Currency Loans and L/C Obligations. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Compx International Inc)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, and in reliance upon the representations and warranties set forth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans to the US Borrower in Dollars to the Borrower from time to time from the Closing Date through through, but not including, the Revolving Credit Termination Maturity Date as requested by the US Borrower in accordance with the terms of Section 2.22.4; providedprovided that, that based upon the Dollar Amount of all outstanding Loans and L/C Obligations, (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Commitment less the sum of (i) all outstanding Canadian Dollar Loans, Swingline Loans and L/C Obligations and (iib) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Revolving Credit Lender to the US Borrower shall not at any time exceed such Revolving Credit Lender's ’s Revolving Credit Commitment less such Revolving Credit Lender's participations in ’s Revolving Credit Commitment Percentage of all outstanding Canadian Dollar Loans, Swingline Loans and L/C Obligations. Each Revolving Credit Loan by a Revolving Credit Lender shall be in a principal amount equal to such Revolving Credit Lender's ’s Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the US Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Maturity Date.. [Second Amendment – SCP Pool Corporation] 28

Appears in 1 contract

Samples: Credit Agreement (SCP Pool Corp)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, each Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower Borrowers on a joint and several basis from time to time from the Closing Date through through, but not including, the Revolving Credit Termination Date as requested by PZN on behalf of the Borrower Borrowers in accordance with the terms of Section 2.22.3; provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Aggregate Commitment less the sum of (i) all outstanding Swingline Loans and the L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower Borrowers shall not at any time exceed such Lender's Revolving Credit Commitment less such Lender's participations in outstanding Commitment Percentage of the L/C ObligationsObligations and Swingline Loans then outstanding. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower Borrowers may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Cca Prison Realty Trust)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, each Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower from time to time from the Closing Date through the Revolving Credit Termination Maturity Date as requested by the Borrower in accordance with the terms of Section 2.22.3; provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Aggregate Commitment less the sum of (i) all outstanding Swingline Loans and L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender's Revolving Credit Commitment less such Lender's participations in Commitment Percentage of outstanding L/C ObligationsObligations and Swingline Loans. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Performance Food Group Co)

Revolving Credit Loans. Subject to the terms and conditions ---------------------- of this Agreement, each Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower Borrowers from time to time from the Closing Date through the Revolving Credit Termination Date as requested by the Borrower Borrowers in accordance with the terms of Section 2.22.4; provided, that (a) the aggregate principal amount of all -------- outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Aggregate Revolving Credit Commitment less the sum of (i) all ---- outstanding Swingline Loans and L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower Borrowers shall not at any time exceed such Lender's Revolving Credit Commitment as set forth on Schedule 2 ---------- hereto less such Lender's participations in Commitment Percentage of outstanding L/C ObligationsObligations ---- and Swingline Loans (if any). Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower Borrowers may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Wilmar Industries Inc)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, each Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower from time to time from the Closing Date through through, but not including, the Revolving Credit Termination Maturity Date as requested by the Borrower in accordance with the terms of Section 2.22.3; provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Commitment less the sum of (i) all outstanding Swingline Commitment and L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender's ’s Revolving Credit Commitment less such Lender's participations in ’s Revolving Credit Commitment Percentage of the Swingline Commitment less such Lender’s Revolving Credit Commitment Percentage of all outstanding L/C Obligations. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's ’s Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Global Imaging Systems Inc)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, and in reliance upon the representations and warranties set forth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower Borrowers from time to time from the Closing Date through through, but not including, the Revolving Credit Termination Date as requested by the Borrower Borrowers in accordance with the terms of Section 2.22.3; provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Commitment less (i) the Swingline Sublimit Amount and (ii) the sum of (i) all outstanding L/C Obligations and (iib) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower Borrowers shall not at any time exceed such Lender's Revolving Credit Commitment less (i) such Lender's participations in Revolving Credit Commitment Percentage of outstanding L/C ObligationsObligations with respect to Letters of Credit and (ii) such Lender's Revolving Credit Commitment Percentage of the Swingline Sublimit Amount. Each Revolving Credit Loan by a Revolving Credit Lender shall be in a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower Borrowers may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Belk Inc)

Revolving Credit Loans. Subject to the terms and ---------------------- conditions of this Agreement, each Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower Borrowers on a joint and several basis from time to time from the Closing Date through the Revolving Credit Termination Maturity Date as requested by the Borrower Company, on behalf of the Borrowers, in accordance with the terms of Section 2.22.3; provided, that (a) the aggregate -------- principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Commitment less ---- the sum of (i) all outstanding Swingline Loans and L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower Borrowers shall not at any time exceed such Lender's Revolving Credit Commitment less such Lender's participations in Revolving Credit Commitment Percentage of the sum of all ---- outstanding Swingline Loans and L/C Obligations. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower Borrowers may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Global Imaging Systems Inc)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, and in reliance upon the representations and warranties set forth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower from time to time from the Amended and Restated Closing Date through through, but not including, the Revolving Credit Termination Maturity Date as requested by the Borrower in accordance with the terms of Section 2.22.3; provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Commitment less the sum of (i) all outstanding Swingline Loans and L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Revolving Credit Lender to the Borrower shall not at any time exceed such Revolving Credit Lender's Revolving Credit Commitment less such Revolving Credit Lender's participations in Revolving Credit Commitment Percentage of outstanding L/C ObligationsObligations and outstanding Swingline Loans. Each Revolving Credit Loan by a Revolving Credit Lender shall be in a principal amount equal to such Revolving Credit Lender's Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Globalstar, Inc.)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, each Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower from time to time from the Closing Date through the Revolving Credit Termination Date as requested by the Borrower in accordance with the terms of Section 2.22.3; provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Aggregate Commitment less the sum of (i) all outstanding Swingline Loans, Competitive Bid Loans and the L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender's Revolving Credit Commitment less the sum of such Lender's participations in Commitment Percentage of all outstanding Swingline Loans and such Lender's Commitment Percentage of the L/C Obligations. Each Revolving Credit Loan shall be advanced pro rata by the Lenders in accordance with the provisions hereof. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Date.

Appears in 1 contract

Samples: Credit Agreement (United Companies Financial Corp)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, and in reliance upon the representations and warranties set forth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower from time to time from the Closing Date through through, but not including, the Revolving Credit Termination Maturity Date as requested by the Borrower in accordance with the terms of Section 2.22.3; provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Aggregate Commitment less the sum of (i) all outstanding Swingline Loans and L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Revolving Credit Lender to the Borrower shall not at any time exceed such Revolving Credit Lender's Revolving Credit Commitment less such Revolving Credit Lender's participations in Commitment Percentage of outstanding L/C ObligationsObligations and outstanding Swingline Loans. Each Revolving Credit Loan by a Revolving Credit Lender shall be in a principal amount equal to such Revolving Lender's Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Restaurant Co of Minnesota)

Revolving Credit Loans. (a) Subject to the terms and conditions (including without limitation Section 4.4) of this Agreement, and in reliance upon the representations and warranties set forth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower from time to time from the Closing Date through to, but not including, the Revolving Credit Termination Date as requested by the Borrower in accordance with the terms of Section 2.24.1; provided, that (ai) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Commitment less the sum of (iA) all outstanding Swingline Loans and L/C Obligations and (iiB) the aggregate principal amount Blocked Portion as of all Competitive Bid Loans then outstanding such date and (bii) the principal amount of outstanding Revolving Credit Loans from any Revolving Credit Lender to the Borrower shall not at any time exceed such Revolving Credit Lender's Revolving Credit Commitment less such Revolving Credit Lender's participations in outstanding Revolving Credit Commitment Percentage of L/C ObligationsObligations and outstanding Swingline Loans. Each Revolving Credit Loan by a Revolving Credit Lender shall be in a principal amount equal to such Revolving Credit Lender's Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Suburban Propane Partners Lp)

Revolving Credit Loans. Subject to the terms and conditions of this AgreementAgreement and the other Loan Documents, and in reliance upon the representations and warranties set forth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower from time to time from the Closing Date through through, but not including, the Revolving Credit Termination Maturity Date as requested by the Borrower in accordance with the terms of Section 2.22.3; provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) Outstandings shall not exceed the Revolving Credit Commitment less the sum of (i) all outstanding L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and Commitment, (b) the principal amount of outstanding Revolving Credit Outstandings with respect to Revolving Credit Loans from and Swingline Loans only (and exclusive of L/C Obligations) shall in no event exceed the lesser of the Loan Cap Amount and the Revolving Credit Commitment and (c) the Revolving Credit Exposure of any Revolving Credit Lender to the Borrower shall not at any time exceed such Lender's Revolving Credit Commitment less such Lender's participations in outstanding L/C Obligations’s Revolving Credit Commitment. Each Revolving Credit Loan by a Revolving Credit Lender shall be in a principal amount equal to such Revolving Lender's ’s Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Blackhawk Network Holdings, Inc)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, and in reliance upon the representations and warranties set forth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower from time to time from the Closing Date through through, but not including, the Revolving Credit Termination Maturity Date as requested by the Borrower in accordance with the terms of Section 2.2; provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Commitment less the sum of (i) all outstanding L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Revolving Credit Lender to the Borrower shall not at any time exceed such Lender's ’s Revolving Credit Commitment less such Lender's participations in outstanding ’s Revolving Credit Commitment Percentage of the L/C Obligations. Each Revolving Credit Loan by a Revolving Credit Lender shall be in a principal amount equal to such Lender's ’s Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Hickory Tech Corp)

Revolving Credit Loans. Subject to the terms and conditions ---------------------- of this Agreement, each Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower from time to time from the Closing Date through to but excluding the Revolving Credit Termination Date as requested by the Borrower in accordance with the terms of Section 2.22.3; provided, provided that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Aggregate Revolving Credit Commitment less the sum of (i) all outstanding Swingline Loans, all outstanding Competitive Bid Loans and all L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender's Revolving Credit Commitment less the sum of such Lender's participations in Revolving Credit Commitment Percentage of all outstanding Swingline Loans and such Lender's Revolving Credit Commitment Percentage of all L/C Obligations. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Richfood Holdings Inc)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, and in reliance upon the representations and warranties set forth herein, each Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower Borrowers from time to time from the Closing Date through through, but not including, the Revolving Credit Termination Date as requested by the Borrower Borrowers in accordance with the terms of Section 2.22.3; provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Aggregate Commitment less (i) the Swingline Sublimit Amount and (ii) the sum of (i) all outstanding L/C Obligations and (iib) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower Borrowers shall not at any time exceed such Lender's Revolving Credit Commitment less (i) such Lender's participations in Revolving Credit Commitment Percentage of outstanding L/C ObligationsObligations with respect to Letters of Credit and (ii) such Lender's Revolving Credit Commitment Percentage of the Swingline Sublimit Amount. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower Borrowers may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Belk Inc)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, and in reliance upon the representations and warranties set forth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower from time to time from the Closing Date through through, but not including, the Revolving Credit Termination Maturity Date as requested by the Borrower in accordance with the terms of Section 2.2; provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Commitment less the sum of (i) all outstanding L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Revolving Credit Lender to the Borrower shall not at any time exceed such Revolving Credit Lender's Revolving Credit Commitment less such Revolving Credit Lender's participations in Revolving Credit Commitment Percentage of outstanding L/C Obligations. Each Revolving Credit Loan by a Revolving Credit Lender shall be in a principal amount equal to such Revolving Lender's Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Maturity Date.. SECTION 2.2

Appears in 1 contract

Samples: Credit Agreement (Digital Generation Systems Inc)

Revolving Credit Loans. Subject to the terms and conditions of this Agreementset forth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in Dollars to the applicable Borrower from time to time, on any Business Day during the Availability Period, in Applicable Currencies in an aggregate principal Dollar Equivalent amount not to exceed at any time from outstanding the Closing Date through the amount of such Revolving Credit Termination Date as requested by the Borrower in accordance with the terms of Section 2.2; provided, that (a) the aggregate principal amount of all outstanding Lender’s Revolving Credit Loans (Commitment Amount; provided that after giving effect to any amount requestedBorrowing, (i) the Total Outstandings shall not exceed the Aggregate Revolving Credit Commitment less the sum of (i) all outstanding L/C Obligations and Commitments, (ii) the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender plus such Lender’s Pro Rata Share of the Outstanding Amount of all L/C Obligations shall not exceed the amount of such Revolving Credit Lender’s Revolving Credit Commitment and (iii) after giving effect to any Borrowing of Offshore Currency Loans, the aggregate principal Dollar Equivalent amount of all Competitive Bid outstanding Offshore Currency Loans then outstanding and (b) shall not exceed the principal amount Offshore Currency Loan Sublimit. Within the limits of outstanding each Revolving Credit Loans from any Lender Lender’s Revolving Credit Commitment, and subject to the Borrower shall not at any time exceed such Lender's Revolving Credit Commitment less such Lender's participations in outstanding L/C Obligations. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the other terms and conditions hereof, the Borrower Borrowers may borrowborrow under this Section 2.01, repay prepay under Section 2.06 and reborrow under this Section 2.01. Revolving Credit Loans hereunder until the Revolving Credit Termination Date.may be Base Rate Loans or LIBOR Rate Loans, as further provided herein. (b)

Appears in 1 contract

Samples: 4 Credit Agreement (Donaldson Co Inc)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, and in reliance upon the representations and warranties set forth herein, each Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower Borrowers from time to time from the Closing Date through through, but not including, the Revolving Credit Termination Date as requested by the Borrower Borrowers in accordance with the terms of Section 2.22.3; provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Aggregate Commitment less (i) the Swingline Sublimit Amount and (ii) the sum of (i) all outstanding L/C Obligations and (iib) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower Borrowers shall not at any time exceed such Lender's Revolving Credit Commitment less (i) such Lender's participations in Revolving Credit Commitment Percentage of outstanding L/C ObligationsObligations with respect to New Letters of Credit and (ii) such Lender's Revolving Credit Commitment Percentage of the Swingline Sublimit Amount. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower Borrowers may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Belk Inc)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, each Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower Borrowers on a joint and several basis from time to time from the Closing Date through the Revolving Credit Termination Maturity Date as requested by the Borrower Borrowers in accordance with the terms of Section 2.2Article II; provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Commitment less the sum of (i) all outstanding L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower Borrowers shall not at any time exceed such Lender's Revolving Credit Commitment less the sum of such Lender's participations in Commitment Percentage of outstanding L/C Obligations. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower Borrowers may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Dollar Express Inc)

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Revolving Credit Loans. Subject to the terms and conditions of this Agreement, and in reliance upon the representations and warranties set forth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower from time to time from the Closing Date through through, but not including, the Revolving Credit Termination Maturity Date as requested by the Borrower in accordance with the terms of Section 2.22.3; provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Commitment less the sum of (i) all outstanding Swingline Loans and L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and Obligations, (b) the principal amount of outstanding Revolving Credit Loans from any Revolving Credit Lender to the Borrower shall not at any time exceed such Lender's ’s Revolving Credit Commitment less such Lender's participations in ’s Revolving Credit Commitment Percentage of outstanding L/C ObligationsObligations and outstanding Swingline Loans and (c) no more than $250,000,000 of Revolving Credit Loans and Swingline Loans may be borrowed on the Closing Date. Each Revolving Credit Loan made by a Lender shall be in a principal amount equal to such Lender's ’s Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Jack in the Box Inc /New/)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, and in reliance upon the representations and warranties set forth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower from time to time from the Closing Date through through, but not including, the Revolving Credit Termination Maturity Date as requested by the Borrower in accordance with the terms of Section 2.22.3; provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Commitment less the sum of (i) all outstanding Swingline Loans and L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Revolving Credit Lender to the Borrower shall not at any time exceed such Revolving Credit Lender's Revolving Credit Commitment less such Revolving Credit Lender's participations in Revolving Credit Commitment Percentage of outstanding L/C ObligationsObligations and outstanding Swingline Loans. Each Revolving Credit Loan by a Revolving Credit Lender shall be in a principal amount equal to such Revolving Credit Lender's Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Corrections Corp of America)

Revolving Credit Loans. Subject to the terms and conditions ---------------------- of this Agreement, each Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower Borrowers on a joint and several basis from time to time from the Closing Date through the Revolving Credit Termination Maturity Date as requested by GTS on behalf of the Borrower Borrowers in accordance with the terms of Section 2.22.3; provided, that (a) -------- each Lender's Revolving Credit Commitment Percentage of the sum of the aggregate principal amount of all outstanding Revolving Credit Loans, Swingline Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Commitment less the sum of (i) all outstanding and L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any no time exceed such Lender's Revolving Credit Commitment less such Lender's participations in and (b) no borrowing of Revolving Credit Loans shall be made if, immediately after giving effect thereto, the aggregate principal amount of Revolving Credit Loans then outstanding plus (i) all outstanding Swingline Loans plus (ii) the ---- ---- aggregate principal amount of all outstanding L/C ObligationsObligations would exceed the then applicable Borrowing Limit. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower Borrowers may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (GTS Duratek Inc)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, and in reliance upon the representations and warranties set forth herein, each Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower from time to time from the Closing Date through through, but not including, the Revolving Credit Termination Maturity Date as requested by the Borrower in accordance with the terms of Section 2.22.3; provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Commitment less the sum of (i) all outstanding Swingline Loans and L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender's Revolving Credit Commitment less such Lender's participations in Revolving Credit Commitment Percentage of outstanding L/C ObligationsObligations and outstanding Swingline Loans. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Maturity Date. Revolving Credit Loans made on the Closing Date shall be funded in a manner consistent with the provisions of Section 6.2(g)(i).

Appears in 1 contract

Samples: Credit Agreement (Veridian Corp)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, and in reliance upon the representations and warranties set forth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower in Dollars from time to time from the Closing Date through through, but not including, the Revolving Credit Termination Maturity Date as requested by the Borrower in accordance with the terms of Section 2.22.3; provided, that (a) on the Closing Date, the aggregate principal amount of all outstanding Revolving Credit Loans Outstandings (excluding undrawn Letters of Credit) shall not exceed $20,000,000, (b) after giving effect to any amount requested) the Closing Date, the Revolving Credit Outstandings shall not exceed the Revolving Credit Commitment less the sum of (i) all outstanding L/C Obligations Revolving Credit Lenders and (iic) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from Exposure of any Revolving Credit Lender to the Borrower shall not at any time exceed such Lender's Revolving Credit Commitment less such Lender's participations in outstanding L/C Obligations’s Revolving Credit Commitment. Each Revolving Credit Loan by a Revolving Credit Lender shall be in a principal amount equal to such Revolving Credit Lender's ’s Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Cross Country Healthcare Inc)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, and in reliance upon the representations and warranties set forth herein, each Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower from time to time from the Closing Date through through, but not including, the Revolving Credit Termination Date as requested by the Borrower Borrower, in accordance with the terms of Section 2.22.4; provided, that that, based upon the Dollar Amount of all outstanding Loans and L/C Obligations, (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Aggregate Commitment less the sum of (i) all outstanding Swingline Loans, Alternative Currency Loans and L/C Obligations and (iib) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender's Revolving Credit ’s Commitment less such Lender's participations in ’s Commitment Percentage of the sum of all outstanding Swingline Loans, Alternative Currency Loans and L/C Obligations. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Revolving Credit ’s Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Compx International Inc)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, and in reliance upon the representations and warranties set forth herein, each Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower in Dollars from time to time from the Closing Date through through, but not including, the Revolving Credit Termination Maturity Date as requested by the Borrower in accordance with the terms of Section 2.22.4; provided, provided that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requestedrequested and any prepayments) shall not exceed the Revolving Credit Aggregate Commitment less the sum of (i) all outstanding Swingline Loans and L/C Obligations and (iib) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender's Revolving Credit ’s Commitment less such Lender's participations in ’s Commitment Percentage of the aggregate principal amount of all outstanding Swingline Loans and L/C Obligations. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Revolving Credit ’s Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Ikon Office Solutions Inc)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, and in reliance upon the representations and warranties set forth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans to the US Borrower in Dollars to the Borrower from time to time from the Closing Date through through, but not including, the Revolving Credit Termination Maturity Date as requested by the US Borrower in accordance with the terms of Section 2.22.4; providedprovided that, that based upon the Dollar Amount of all outstanding Loans and L/C Obligations, (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Commitment less the sum of (i) all outstanding Canadian Dollar Loans, Swingline Loans and L/C Obligations and (iib) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Revolving Credit Lender to the US Borrower shall not at any time exceed such Revolving Credit Lender's ’s Revolving Credit Commitment less such Revolving Credit Lender's participations in ’s Revolving Credit Commitment Percentage of all outstanding Canadian Dollar Loans, Swingline Loans and L/C Obligations. Each Revolving Credit Loan by a Revolving Credit Lender shall be in a principal amount equal to such Revolving Credit Lender's ’s Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the US Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Pool Corp)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, each Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower from time to time from the Closing Date through the Revolving Credit Termination Date as requested by the Borrower in accordance with the terms of Section 2.22.3; provided, that (a) all Revolving Credit Loans made on the Closing Date shall be Base Rate Loans and shall remain Base Rate Loans for three (3) Business Days after the Closing Date, (b) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Aggregate Commitment less the sum of (i) all outstanding Absolute Rate Loans and Swingline Loans and the L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and (bc) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower plus such Lender's Commitment Percentage of the L/C Obligations shall not at any time exceed such Lender's Revolving Credit Commitment less such Lender's participations in outstanding L/C ObligationsCommitment. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Corestaff Inc)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, each Lender severally agrees to make Revolving Credit Loans in Dollars a Permitted Currency to the Borrower from time to time from the Closing Date through the Revolving Credit Termination Date as requested by the Borrower in accordance with the terms of Section 2.2; provided, that (a) the Dollar Amount of the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Aggregate Commitment less the sum Dollar Amount of (i) all outstanding L/C Obligations and Obligations, (iib) the Dollar Amount of the aggregate principal amount of all Competitive Bid Loans then outstanding made in an Alternative Currency shall not exceed the Alternative Currency Commitment and (bc) the Dollar Amount of the aggregate principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender's Revolving Credit Commitment less such Lender's participations in outstanding L/C ObligationsAvailable Commitment. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Loans to be made in an Alternative Currency shall be funded in an amount equal to the Alternative Currency Amount of such Loan. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Date.

Appears in 1 contract

Samples: Unconditional Guaranty Agreement (Quintiles Transnational Corp)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, each Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower from time to time from the Closing Date through the Revolving Credit Termination Date as requested by the Borrower in accordance with the terms of Section 2.22.3; provided, that (ai) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Aggregate Commitment less the sum of (i) all the outstanding Competitive Bid Loans, Swingline Loans and L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender's Revolving Credit Commitment less such Lender's participations in outstanding Commitment Percentage of the L/C ObligationsObligations and Swingline Loans then outstanding. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Date.. 21 (b)

Appears in 1 contract

Samples: Credit Agreement (Lci International Inc /Va/)

Revolving Credit Loans. Subject to the terms and conditions of this AgreementAgreement and the other Loan Documents, and in reliance upon the representations and warranties set forth in this Agreement and the other Loan Documents, each Revolving Credit Lender severally agrees to make Revolving Credit Loans to the Cayman Borrower and/or the Parent Borrower in Dollars to the Borrower from time to time from the Closing Date through through, but not including, the Revolving Credit Termination Maturity Date as requested by the Borrower Agent in accordance with the terms of Section 2.22.3; provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) Outstandings shall not exceed the Revolving Credit Commitment less the sum of (i) all outstanding L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding the Revolving Credit Lenders and (b) the principal amount of outstanding Revolving Credit Loans from Exposure of any Revolving Credit Lender to the Borrower shall not at any time exceed such Lender's Revolving Credit Commitment less such Lender's participations in outstanding L/C Obligations’s Revolving Credit Commitment. Each Revolving Credit Loan by a Revolving Credit Lender shall be in a principal amount equal to such Revolving Credit Lender's ’s Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Cayman Borrower and the Parent Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Ubiquiti Networks, Inc.)

Revolving Credit Loans. Subject to the terms and conditions of this AgreementAgreement and the other Loan Documents, and in reliance upon the representations and warranties set forth herein and therein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower from time to time from the Closing Date through through, but not including, the Revolving Credit Termination Maturity Date as requested by the Borrower in accordance with the terms of Section 2.22.3; provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Commitment less the sum of (i) all outstanding Swingline Loans and L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and Obligations, (b) the principal amount of outstanding Revolving Credit Loans from any Revolving Credit Lender to the Borrower shall not at any time exceed such Lender's ’s Revolving Credit Commitment less such Lender's participations in ’s Revolving Credit Commitment Percentage of outstanding L/C ObligationsObligations and outstanding Swingline Loans and (c) no more than $500,000,000 of Revolving Credit Loans, Letters of Credit and Swingline Loans may be outstanding on the SecondThird Amendment Effective Date. Each Revolving Credit Loan made by a Lender shall be in a principal amount equal to such Lender's ’s Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Maturity Date.

Appears in 1 contract

Samples: Third Amendment (Jack in the Box Inc /New/)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, and in reliance upon the representations and warranties set forth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower from time to time from the Closing Date through through, but not including, the Revolving Credit Termination Maturity Date as requested by the Borrower in accordance with the terms of Section 2.22.3; provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Commitment less the sum of (i) all outstanding Swingline Loans and outstanding L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Revolving Credit Lender to the Borrower shall not at any time exceed such Revolving Credit Lender's Revolving Credit Commitment less such Revolving Credit Lender's participations in Revolving Credit Commitment Percentage of outstanding L/C ObligationsObligations and outstanding Swingline Loans. Each Revolving Credit Loan by a Revolving Credit Lender shall be in a principal amount equal to such Revolving Lender's Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Cross Country Healthcare Inc)

Revolving Credit Loans. Subject to the terms and conditions of this AgreementAgreement and in reliance upon the representations and warranties set forth herein, each Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower from time to time from the Closing Date through through, but not including, the Revolving Credit Termination Maturity Date as requested by the Borrower in accordance with the terms of Section 2.22.3; provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Aggregate Commitment less the sum aggregate amount of (i) all outstanding L/C Obligations and (ii) less the aggregate principal amount of all Competitive Bid Loans then outstanding Swingline Loan Reserve and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender's Revolving Credit ’s Commitment less such Lender's participations in ’s Commitment Percentage of outstanding L/C ObligationsObligations less such Lender’s Commitment Percentage of the Swingline Loan Reserve. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Revolving Credit ’s Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Lmi Aerospace Inc)

Revolving Credit Loans. Subject to (a) Upon the terms and subject to the conditions of contained in this Agreement, each Lender severally and not jointly agrees to make loans (herein referred to collectively as the "Revolving Credit Loans in Dollars Loans") to the Borrower Company, at any time and from time to time from on or after the Closing Date through date of this Agreement and prior to the Revolving Credit Termination Date as requested by the Borrower in accordance with the terms of Section 2.2Date; provided, provided that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to does not at any amount requested) shall not time exceed the Revolving Credit Commitment less the sum lesser of (i) all outstanding L/C Obligations the Aggregate Revolving Credit Commitment, and (ii) the Collateral Loan Value (as shown on the Borrowing Base Certificate most recently delivered to the Lenders), in either case minus the sum of the aggregate principal amount of all Competitive Bid outstanding Swingline Loans then outstanding and (b) the L/C Obligations; and provided further that the aggregate principal amount of all outstanding Revolving Credit Loans from any Lender to the Borrower shall does not at any time exceed such Lender's the lesser of (i) the Revolving Credit Commitment less of such Lender's participations in outstanding L/C Obligations. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to , and (ii) such Lender's Revolving Credit Commitment Percentage of the Collateral Loan Value (as shown on the Borrowing Base Certificate most recently delivered to the Lenders), in either case minus such Lender's Revolving Credit Commitment Percentage of the sum of the aggregate principal amount of Revolving Credit all outstanding Swingline Loans requested on and the L/C Obligations. Within such occasion. Subject to the terms and conditions hereoflimits, the Borrower Company may borrow, repay and reborrow Revolving Credit Loans hereunder until on or after the date of this Agreement and prior to the Revolving Credit Termination Date, subject to the terms, provisions and limitations set forth herein.

Appears in 1 contract

Samples: Revolving Credit Agreement (Take Two Interactive Software Inc)

Revolving Credit Loans. Subject to the terms and conditions of this AgreementAgreement and the other Loan Documents, and in reliance upon the representations and warranties set forth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower from time to time from the Closing Date through through, but not including, the Revolving Credit Termination Maturity Date as requested by the Borrower in accordance with the terms of Section 2.22.3; provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans Outstandings (after giving effect to any amount requested) shall not exceed an amount equal to the Revolving Credit Commitment less the sum of (i) all outstanding Swingline Loans and L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Revolving Credit Lender to the Borrower shall not at any time exceed such Revolving Credit Lender's ’s Revolving Credit Commitment less such Revolving Credit Lender's participations in ’s Revolving Credit Commitment Percentage of outstanding L/C ObligationsObligations and outstanding Swingline Loans. Each Revolving Credit Loan by a Revolving Credit Lender shall be in a principal amount equal to such Revolving Credit Lender's ’s Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Aci Worldwide, Inc.)

Revolving Credit Loans. Subject to the terms and conditions of this Agreementhereof and relying upon the representations and warranties herein set forth, each Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower at any time or from time to time from on or after the Closing date hereof to the Expiration Date through the Revolving Credit Termination Date as requested by the Borrower in accordance with the terms of Section 2.2; provided, provided that after giving effect to such Loan (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Commitment less the sum of (i) all outstanding L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender's Revolving Credit Commitment less such Lender's participations in outstanding L/C Obligations. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on from such occasionLender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the Letter of Credit Outstandings and its Ratable Share of the outstanding Swing Loans, (b) Revolving Facility Usage shall not exceed the lesser of the Revolving Credit Commitments and the Borrowing Base at such time, and (c) in no event shall the aggregate amount of Revolving Credit Loans and Swing Loans outstanding at any time (other than Revolving Credit Loans or Swing Loans utilized pursuant to Section 2.9.3.3 in connection with Letters of Credit) exceed the Revolving Loan Limit at such time. Subject Within such limits of time and amount and subject to the terms and conditions hereofother provisions of this Agreement, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1. Revolving Credit Loans, as defined in and outstanding under the Prior Credit Agreement, are hereby deemed to be Revolving Credit Loans hereunder until hereunder. The Borrower promises to repay the aggregate outstanding principal amount of the Revolving Credit Termination DateLoans in full on the Expiration Date and to discharge and fulfill when required all other of the Obligations.

Appears in 1 contract

Samples: Credit Agreement (Hovnanian Enterprises Inc)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, and in reliance upon the representations and warranties set forth herein, each Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower from time to time from the Closing Date through through, but not including, the Revolving Credit Termination Maturity Date as requested by the Borrower in accordance with the terms of Section 2.22.3; provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed an amount equal to the Revolving Credit Commitment lesser of (i) the Commitments, less the sum of (i) all outstanding Swingline Loans and L/C Obligations and (ii) the aggregate principal amount Advance Rate less the sum of all Competitive Bid outstanding Swingline Loans then outstanding and L/C Obligations and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender's Revolving Credit ’s Commitment less such Lender's participations in ’s Commitment Percentage of outstanding L/C ObligationsObligations and outstanding Swingline Loans. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Revolving Credit ’s Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Medimmune Inc /De)

Revolving Credit Loans. Subject to the terms and conditions of this AgreementAgreement and the other Loan Documents, and in reliance upon the representations and warranties set forth in this Agreement and the other Loan Documents, each Lender severally agrees to make Revolving Credit Loans to the Cayman Borrower and/or the Parent Borrower in Dollars to the Borrower from time to time from the Closing Date through through, but not including, the Revolving Credit Termination Maturity Date as requested by the Borrower Agent in accordance with the terms of Section 2.22.3; provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) Outstandings shall not exceed the Revolving Credit Commitment less the sum of (i) all outstanding L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and the Lenders, (b) the principal amount of outstanding Revolving Credit Loans from Exposure of any Lender to the Borrower shall not at any time exceed such Lender's ’s Revolving Credit Commitment less such Lender's participations in outstanding L/C Obligationsand (c) the Revolving Credit Outstandings with respect to the Parent Borrower shall not exceed the Parent Borrower Sublimit. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's ’s Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Cayman Borrower and the Parent Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Ubiquiti Networks, Inc.)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, and in reliance upon the representations and warranties set forth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower from time to time from the Closing Date through through, but not including, the Revolving Credit Termination Maturity Date as requested by the Borrower in accordance with the terms of Section 2.22.3; provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed an amount equal to the Revolving Credit Commitment less the sum of (i) all outstanding Swingline Loans and L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Revolving Credit Lender to the Borrower shall not at any time exceed such Revolving Credit Lender's ’s Revolving Credit Commitment less such Revolving Credit Lender's participations in ’s Revolving Credit Commitment Percentage of outstanding L/C ObligationsObligations and outstanding Swingline Loans. Each Revolving Credit Loan by a Revolving Credit Lender shall be in a principal amount equal to such Revolving Credit Lender's ’s Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Transaction Systems Architects Inc)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, each Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower from time to time from the Closing Date through to but excluding the Revolving Credit Termination Date as requested by the Borrower in accordance with the terms of Section 2.22.3; provided, provided that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Aggregate Revolving Credit Commitment less the sum of (i) all outstanding Swingline Loans, all outstanding Competitive Bid Loans and all L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender's Revolving Credit Commitment less the sum of such Lender's participations in Revolving Credit Commitment Percentage of all outstanding Swingline Loans and such Lender's Revolving Credit Commitment Percentage of all L/C Obligations. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Richfood Holdings Inc)

Revolving Credit Loans. Subject to the terms and conditions of this Agreementhereof and relying upon the representations and warranties herein set forth, each Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower at any time or from time to time from on or after the Closing date hereof to the Expiration Date through the Revolving Credit Termination Date as requested by the Borrower in accordance with the terms of Section 2.2; provided, provided that after giving effect to such Loan (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Commitment less the sum of (i) all outstanding L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender's Revolving Credit Commitment less such Lender's participations in outstanding L/C Obligations. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on from such occasionLender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the Letter of Credit Outstandings and its Ratable Share of the outstanding Swing Loans and (b) Revolving Facility Usage shall not exceed the lesser of the Revolving Credit Commitments and the Borrowing Base at such time. Subject Within such limits of time and amount and subject to the terms and conditions hereofother provisions of this Agreement, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1. Revolving Credit Loans, as defined in and outstanding under the Prior Credit Agreement, are hereby deemed to be Revolving Credit Loans hereunder until hereunder. The Borrower promises to repay the aggregate outstanding principal amount of the Revolving Credit Termination DateLoans in full on the Expiration Date and to discharge and fulfill when required all other of the Obligations.

Appears in 1 contract

Samples: Credit Agreement (Hovnanian Enterprises Inc)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, and in reliance upon the representations and warranties set forth herein, each Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower from time to time from the Closing Date through through, but not including, the Revolving Credit Termination Maturity Date as requested by the Borrower in accordance with the terms of Section 2.22.3; provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Commitment less the sum of (i) all outstanding Swingline Loans and L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and Obligations, (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender's Revolving Credit Commitment less such Lender's participations in Revolving Credit Commitment Percentage of outstanding L/C ObligationsObligations and outstanding Swingline Loans and (c) after giving effect to such Loan the Borrower and its Subsidiaries shall be in pro forma compliance with Section 10.5 hereof. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Maturity Date. Revolving Credit Loans made on the Closing Date shall be funded in a manner consistent with the provisions of Section 6.2(g)(i).

Appears in 1 contract

Samples: Credit Agreement (Veridian Corp)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, and in reliance upon the representations and warranties set forth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower from time to time from the Closing Date through through, but not including, the Revolving Credit Termination Maturity Date as requested by the Borrower in accordance with the terms of Section 2.22.3; provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Commitment less the sum of (i) all outstanding Swingline Loans and L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Revolving Credit Lender to the Borrower shall not at any time exceed such Revolving Credit Lender's ’s Revolving Credit Commitment less such Revolving Credit Lender's participations in ’s Revolving Credit Commitment Percentage of outstanding L/C ObligationsObligations and outstanding Swingline Loans. Each Revolving Credit Loan by a Revolving Credit Lender shall be in a principal amount equal to such Revolving Credit Lender's ’s Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Corrections Corp of America)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, and in reliance upon the representations and warranties set forth herein, each Lender severally agrees to make Revolving Credit Loans to the US Borrower in Dollars to the Borrower from time to time from the Closing Date through through, but not including, the Revolving Credit Termination Maturity Date as requested by the US Borrower in accordance with the terms of Section 2.22.4; providedprovided that, that based upon the Dollar Amount of all outstanding Loans and L/C Obligations, (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requestedrequested and any prepayments) shall not exceed the Revolving Credit Aggregate Commitment less the sum of (i) all outstanding Alternative Currency Loans, Swingline Loans and L/C Obligations and (iib) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the US Borrower shall not at any time exceed such Lender's Revolving Credit Commitment less such Lender's participations in Commitment Percentage of the aggregate principal amount of all outstanding Alternative Currency Loans, Swingline Loans and L/C Obligations. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the US Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Ikon Office Solutions Inc)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, each Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower from time to time from the Closing Date through the Revolving Credit Termination Date as requested by the Borrower in accordance with the terms of Section 2.22.3; provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Commitment Available Amount less the sum of (i) all outstanding Swingline Loans and L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender's Revolving Credit Commitment less such Lender's participations in outstanding L/C ObligationsAvailable Commitment. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Rare Hospitality International Inc)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, each Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower Borrowers on a joint and several basis from time to time from the Closing Date through through, but not including, the Revolving Credit Termination Maturity Date as requested by the Borrower Company, on behalf of the Borrowers, in accordance with the terms of Section 2.22.3; provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Commitment less the sum of (i) all outstanding Swingline Commitment and L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower Borrowers shall not at any time exceed such Lender's Revolving Credit Commitment less such Lender's participations in Revolving Credit Commitment Percentage of the Swingline Commitment less such Lender's Revolving Credit Commitment Percentage of all outstanding L/C Obligations. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower Borrowers may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Global Imaging Systems Inc)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, and in reliance upon the representations and warranties set forth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower from time to time from the Closing Date through through, but not including, the Revolving Credit Termination Maturity Date as requested by the Borrower in accordance with the terms of Section 2.2SECTION 2.3; providedPROVIDED, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Commitment less the sum of (i) all outstanding Swingline Loans and L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Revolving Credit Lender to the Borrower shall not at any time exceed such Revolving Credit Lender's Revolving Credit Commitment less LESS such Revolving Credit Lender's participations in Revolving Credit Commitment Percentage of outstanding L/C ObligationsObligations and outstanding Swingline Loans. Each Revolving Credit Loan by a Revolving Credit Lender shall be in a principal amount equal to such Revolving Lender's Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Restaurant Co)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, each Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower Borrowers on a joint and several basis from time to time from the Closing Date through through, but not including, the Revolving Credit Termination Date as requested by CCA REIT on behalf of the Borrower Borrowers in accordance with the terms of Section 2.22.3; provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Aggregate Commitment less the sum of (i) all outstanding Swingline Loans and the L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower Borrowers shall not at any time exceed such Lender's Revolving Credit Commitment less such Lender's participations in outstanding Commitment Percentage of the L/C ObligationsObligations and Swingline Loans then outstanding. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower Borrowers may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Cca Prison Realty Trust)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, each Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower Borrowers from time to time from the Closing Date through the Revolving Credit Termination Date as requested by the any Borrower in accordance with the terms of Section 2.2SECTION 2.3; providedPROVIDED, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Commitment less LESS the sum of (i) all outstanding Swingline Loans and L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower Borrowers shall not at any time exceed such Lender's Revolving Credit Commitment less LESS such Lender's participations in Revolving Credit Commitment Percentage of outstanding L/C Obligations. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower Borrowers may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Condor Technology Solutions Inc)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, each Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower from time to time from the Closing Date through the Revolving Credit Termination Date as requested by the Borrower in accordance with the terms of Section 2.2; provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Commitment less the sum of (i) all outstanding L/C Obligations and (iiafter giving effect to the deposit of any amount requested into a cash collateral account in accordance with Section 2.6) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender's Revolving Credit Commitment less such Lender's participations in outstanding L/C ObligationsCommitment. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Date.. SECTION 2.2

Appears in 1 contract

Samples: Day Credit Agreement (Jones Apparel Group Inc)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower from time to time from during the Closing Date through the Revolving Credit Termination Date Availability Period as requested by the ­ Borrower in accordance with the terms of Section 2.2; provided, that that, (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requestedrequested and the use thereof) shall not exceed an amount equal to the Revolving Credit Aggregate Commitment less the sum of (i) all outstanding L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Revolving Credit Lender to the Borrower shall not at any time exceed such Lender's Revolving Credit Commitment less such Lender's participations in outstanding L/C Obligations’s Commitment. Each Revolving Credit Loan by a Revolving Credit Lender shall be in a principal amount equal to such Lender's Revolving Credit Lender’s Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Maturity Date; provided that Borrower may only reborrow Revolving Credit Termination DateLoans to the extent the proceeds of the borrowings are used solely to refinance Qualifying Commercial Paper.

Appears in 1 contract

Samples: Revolving Credit Agreement (BlackRock Inc.)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, each Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower from time to time from the Closing Date through the Revolving Credit Termination Maturity Date as requested by the Borrower in accordance with the terms of Section 2.2; provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Aggregate Commitment less the sum of (i) all outstanding Competitive Bid Loans and L/C Obligations and (ii) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender's Revolving Credit Commitment less such Lender's participations in Commitment Percentage of outstanding L/C Obligations. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Performance Food Group Co)

Revolving Credit Loans. Subject to the terms and conditions ---------------------- of this Agreement, each Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower Borrowers from time to time from the Closing Date through the Revolving Credit Termination Date as requested by the Borrower Borrowers in accordance with the terms of Section 2.22.3; provided, that (a) the aggregate principal amount of all -------- outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the lesser of (i) the Borrowing Base less the sum of all L/C ---- Obligations, all outstanding Swingline Loans and all outstanding Term Loans and (ii) the Revolving Credit Commitment less the sum of (i) all outstanding L/C Obligations and (ii) the aggregate principal amount of Obligations, all Competitive Bid ---- outstanding Swingline Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower Borrowers shall not at any time exceed such Lender's Revolving Credit Commitment less such Lender's participations in Revolving ---- Credit Commitment Percentage of the sum of all outstanding L/C ObligationsObligations and all outstanding Swingline Loans. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower Borrowers may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Choice One Communications Inc)

Revolving Credit Loans. Subject to the terms and conditions of this Agreement, and in reliance upon the representations and warranties set forth herein, each Lender severally agrees to make Revolving Credit Loans in Dollars to the Borrower from time to time from the Closing Date through through, but not including, the Revolving Credit Termination Date as requested by the Borrower Borrower, in accordance with the terms of Section 2.22.4; provided, that that, based upon the Dollar Amount of all outstanding Loans and L/C Obligations, (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Revolving Credit Aggregate Commitment less the sum of (i) all outstanding Swingline Loans, Alternative Currency Loans and L/C Obligations and (iib) the aggregate principal amount of all Competitive Bid Loans then outstanding and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender's Revolving Credit Commitment less such Lender's participations in Commitment Percentage of the sum of all outstanding Swingline Loans, Alternative Currency Loans and L/C Obligations. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrower may borrow, repay and reborrow Revolving Credit Loans hereunder until the Revolving Credit Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Compx International Inc)

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