Common use of Revolving Credit Clause in Contracts

Revolving Credit. Subject to the terms and conditions hereof, the Bank agrees to extend a revolving credit (the "Revolving Credit") to the Company which may be availed of by the Company from time to time during the period from and including the date hereof to but not including the Termination Date, at which time the commitment of the Bank to extend credit under the Revolving Credit shall expire. The Revolving Credit may be utilized by the Company in the form of Loans and Letters of Credit, all as more fully hereinafter set forth, provided that the aggregate principal amount of Loans and Letters of Credit outstanding at any one time shall not exceed $25,000,000 (which, in the case of Letters of Credit issued in an Alternative Currency, means the U.S. Dollar Equivalent thereof computed as set forth in Section 1.3(a) hereof) (the "Commitment", as such amount may be reduced pursuant to Section 3.3 hereof). During the period from and including the date hereof to but not including the Termination Date, the Company may use the Commitment by borrowing, repaying and reborrowing Loans in whole or in part and/or by having the Bank issue Letters of Credit, having such Letters of Credit expire or otherwise terminate without having been drawn upon or, if drawn upon, reimbursing the Bank for each such drawing, and having the Bank issue new Letters of Credit, all in accordance with the terms and conditions of this Agreement.

Revolving Credit. Subject to the terms and conditions hereof, the Bank agrees to extend a revolving credit (the "Revolving Credit") to the Company which may be availed of by the Company from time to time during the period from and including the date hereof to but not including the Termination Date, at which time the commitment of the Bank to extend credit under the Revolving Credit shall expire. The Revolving Credit may be utilized by the Company in the form of Loans and Letters of Credit, all as more fully hereinafter set forth, provided that the aggregate principal amount of Loans and Letters of Credit outstanding at any one time shall not exceed $25,000,000 15,000,000 (which, in the case of Letters of Credit issued in an Alternative Currency, means the U.S. Dollar Equivalent thereof computed as set forth in Section 1.3(a) hereof) (the "Commitment", as such amount may be reduced pursuant to Section 3.3 hereof). During the period from and including the date hereof to but not including the Termination Date, the Company may use the Commitment by borrowing, repaying and reborrowing Loans in whole or in part and/or by having the Bank issue Letters of Credit, having such Letters of Credit expire or otherwise terminate without having been drawn upon or, if drawn upon, reimbursing the Bank for each such drawing, and having the Bank issue new Letters of Credit, all in accordance with the terms and conditions of this Agreement.

Revolving Credit. Subject to the terms and conditions hereof, the Bank agrees to extend a revolving credit (the "Revolving Credit") to the Company which may be availed of by the Company from time to time during the period from and including the date hereof to to, but not including including, the Termination Date, at which time the commitment of the Bank to extend credit under the Revolving Credit shall expire. The Revolving Credit may be utilized by the Company in the form of Loans and Letters of Credit, all as more fully hereinafter set forth, provided that . The aggregate principal amount of all Loans plus the amount available for drawing under all Letters of Credit and the aggregate principal amount of Loans and Letters of Credit all unpaid Reimbursement Obligations outstanding at any one time shall not exceed $25,000,000 (which, in the case of Letters of Credit issued in an Alternative Currency, means the U.S. Dollar Equivalent thereof computed as set forth in Section 1.3(a) hereof) 7,000,000 (the "Commitment"), as such amount may be reduced pursuant to Section 3.3 3.4 hereof). During the period from and including the date hereof hereof, to but not including the Termination Date, the Company may use the Commitment by borrowing, repaying and reborrowing borrowing Loans in whole or in part and/or by having the Bank issue Letters of Credit, having such Letters of Credit expire or otherwise terminate without having been drawn upon or, if drawn upon, reimbursing the Bank for each such drawing, and having the Bank issue new Letters of Credit, all in accordance with the terms and conditions of this Agreement.

Revolving Credit. Subject to the terms and conditions hereof, the Bank agrees to extend a revolving credit (the "Revolving Credit") to the Company which may be availed of by the Company from time to time during the period from and including the date hereof to but not including the Termination Date, at which time the commitment of the Bank to extend credit under the Revolving Credit shall expire. The Revolving Credit may be utilized by the Company in the form of Loans and Letters of Credit, all as more fully hereinafter set forth, provided that the aggregate principal amount of Loans and Letters of Credit outstanding at any one time shall not exceed the lesser of (i) $25,000,000 (which, in the case of Letters of Credit issued in an Alternative Currency, means the U.S. Dollar Equivalent thereof computed as set forth in Section 1.3(a) hereof) 15,000,000 (the "Commitment", as such amount may be reduced pursuant to Section 3.3 3.4 hereof)) and (ii) the Borrowing Base as then determined and computed. During the period from and including the date hereof to but not including the Termination Date, the Company may use the Commitment by borrowing, repaying and reborrowing Loans in whole or in part and/or by having the Bank issue Letters of Credit, having such Letters of Credit expire or otherwise terminate without having been drawn upon or, if drawn upon, reimbursing the Bank for each such drawing, and having the Bank issue new Letters of Credit, all in accordance with the terms and conditions of this Agreement.

Revolving Credit. Subject to the terms and conditions hereof, the Bank agrees to extend a revolving credit (the "“Revolving Credit"”) to the Company Borrower which may be availed of by the Company Borrower from time to time during the period from and including the date hereof to but not including the Termination Date, at which time the commitment of the Bank to extend credit under the Revolving Credit shall expire. The Revolving Credit may be utilized by the Company Borrower in the form of Loans and Letters of Credit, all as more fully hereinafter set forth, provided that the aggregate principal amount of Loans and Letters of Credit outstanding at any one time shall not exceed $25,000,000 (which, in the case of Letters of Credit issued in an Alternative Currency, means the U.S. Dollar Equivalent thereof computed as set forth in Section 1.3(a) hereof) (the "“Commitment"”, as such amount may be reduced pursuant to Section 3.3 the terms hereof). During the period from and including the date hereof to but not including the Termination Date, the Company Borrower may use the Commitment by borrowing, repaying repaying, and reborrowing Loans in whole or in part and/or by having the Bank issue Letters of Credit, having such Letters of Credit expire or otherwise terminate without having been drawn upon or, if drawn upon, reimbursing the Bank for each such drawing, and having the Bank issue new Letters of Credit, all in accordance with the terms and conditions of this Agreement.

Revolving Credit. Subject to the terms and conditions hereof, the Bank agrees to extend a revolving credit (the "“Revolving Credit"”) to the Company Borrowers which may be availed of by the Company either Borrower from time to time during the period from and including the date hereof to but not including the Termination Date, at which time the commitment of the Bank to extend credit under the Revolving Credit shall expire. The Revolving Credit may be utilized by the Company Borrowers in the form of Loans and Letters of Credit, all as more fully hereinafter set forth, provided that the aggregate principal amount of Loans and Letters of Credit outstanding at any one time shall not exceed $25,000,000 (which, in the case of Letters of Credit issued in an Alternative Currency, means the U.S. Dollar Equivalent thereof computed as set forth in Section 1.3(a) hereof) 50,000,000 (the "“Commitment"”, as such amount may be reduced pursuant to Section 3.3 the terms hereof). During the period from and including the date hereof to but not including the Termination Date, the Company Borrowers may use the Commitment by borrowing, repaying repaying, and reborrowing Loans in whole or in part and/or by having the Bank issue Letters of Credit, having such Letters of Credit expire or otherwise terminate without having been drawn upon or, if drawn upon, reimbursing the Bank for each such drawing, and having the Bank issue new Letters of Credit, all in accordance with the terms and conditions of this Agreement.

Revolving Credit. Subject to the terms and conditions hereof, the Bank agrees to extend a revolving credit (the "“Revolving Credit"”) to the Company Borrowers which may be availed of by the Company either Borrower from time to time during the period from and including the date hereof to but not including the Termination Date, at which time the commitment of the Bank to extend credit under the Revolving Credit shall expire. The Revolving Credit may be utilized by the Company Borrowers in the form of Loans and Letters of Credit, all as more fully hereinafter set forth, provided that the aggregate principal amount of Loans and Letters of Credit outstanding at any one time shall not exceed $25,000,000 (which, in the case of Letters of Credit issued in an Alternative Currency, means the U.S. Dollar Equivalent thereof computed as set forth in Section 1.3(a) hereof) 40,000,000 (the "“Commitment"”, as such amount may be reduced pursuant to Section 3.3 the terms hereof). During the period from and including the date hereof to but not including the Termination Date, the Company Borrowers may use the Commitment by borrowing, repaying repaying, and reborrowing Loans in whole or in part and/or by having the Bank issue Letters of Credit, having such Letters of Credit expire or otherwise terminate without having been drawn upon or, if drawn upon, reimbursing the Bank for each such drawing, and having the Bank issue new Letters of Credit, all in accordance with the terms and conditions of this Agreement.