Common use of Revolving Loan Availability Clause in Contracts

Revolving Loan Availability. Subject to the terms and conditions of this Agreement, each Bank severally agrees to advance to Borrower from time to time during the period beginning on the 1995 Closing Date and ending on the Revolving Loan Maturity Date such loans as Borrower may request under this PARAGRAPH 2.01 (individually, a "REVOLVING LOAN"); PROVIDED, HOWEVER, that (i) the aggregate principal amount of all Revolving Loans made by such Bank at any time outstanding shall not exceed such Bank's Commitment at such time and (ii) the aggregate principal amount of all Revolving Loans made by all Banks at any time outstanding shall not exceed the limitations set forth in SUBPARAGRAPH 2.02(a). All Revolving Loans shall be made on a pro rata basis by the Banks in accordance with their respective Proportionate Shares, with each Revolving Loan Borrowing to be comprised of a Revolving Loan by each Bank equal to such Bank's Proportionate Share of such Revolving Loan Borrowing. Except as otherwise provided herein, Borrower may borrow, repay and reborrow Revolving Loans until the Revolving Loan Maturity Date.

Appears in 2 contracts

Samples: Credit Agreement (Building Materials Holding Corp), Credit Agreement (BMC West Corp)

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Revolving Loan Availability. Subject to the terms and conditions of this AgreementAgreement (including the amount limitations set forth in Paragraph 2.03), each Bank severally agrees to advance to each Borrower from time to time during the period beginning on the 1995 Closing Date and ending on the Revolving Loan Maturity Date such loans as such Borrower may request under this PARAGRAPH Paragraph 2.01 (individually, a "REVOLVING LOANLoan"); PROVIDEDprovided, HOWEVERhowever, that (i) the aggregate principal amount of all Revolving Loans made by such Bank at any time outstanding shall not exceed such Bank's Commitment at such time and time, (ii) the aggregate principal amount of all Revolving Loans made by all Banks at any time outstanding shall not exceed the limitations set forth in SUBPARAGRAPH 2.02(a)Total Commitment at such time, and (iii) no more than twelve (12) Borrowings may be outstanding at any one time. All Revolving Loans shall be made on a pro rata basis by the Banks in accordance with their respective Proportionate Shares, with each Revolving Loan Borrowing to be comprised of a Revolving Loan by each Bank equal to such Bank's Proportionate Share of such Revolving Loan Borrowing. Except as otherwise provided herein, Borrower Borrowers may borrow, repay and reborrow Revolving Loans until the Revolving Loan Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Silicon Valley Group Inc)

Revolving Loan Availability. Subject to the terms and conditions of this AgreementRestated Credit Agreement (including the amount limitations set forth in Paragraph 2.03 and the conditions set forth in Section III), each Bank severally agrees to advance to Borrower from time to time during the period beginning on the 1995 Closing Effective Date and ending on May 31, 2001 (the "Revolving Loan Maturity Date Date") such loans as Borrower may request under this PARAGRAPH Paragraph 2.01 (individually, a "REVOLVING LOANRevolving Loan"); PROVIDEDprovided, HOWEVERhowever, that the (i) the aggregate principal amount of all Revolving Loans made by such Bank at any time outstanding shall not exceed such Bank's Revolving Loan Commitment at such time and (ii) the aggregate principal amount of all Revolving Loans made by all Banks at any time outstanding shall not exceed the limitations set forth in SUBPARAGRAPH 2.02(a)Total Revolving Loan Commitment at such time. All Revolving Loans shall be made on a pro rata basis by the Banks in accordance with their respective Proportionate Shares, with each Revolving Loan Borrowing to be comprised of a Revolving Loan by each Bank equal to such Bank's Proportionate Share of such Revolving Loan Borrowing. Except as otherwise provided herein, Borrower may borrow, repay and reborrow Revolving Loans until the Revolving Loan Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Bell Microproducts Inc)

Revolving Loan Availability. Subject to the terms and conditions of this AgreementRestated Credit Agreement (including the amount limitations set forth in Paragraph 2.02 and the conditions set forth in Section III), each Bank severally agrees to advance to Borrower from time to time during the period beginning on the 1995 Closing Effective Date and ending on May 31, 2000 (the "Revolving Loan Maturity Date Date") such loans as Borrower may request under this PARAGRAPH Paragraph 2.01 (individually, a "REVOLVING LOANRevolving Loan"); PROVIDEDprovided, HOWEVERhowever, that the (i) the aggregate principal amount of all Revolving Loans made by such Bank at any time outstanding shall not exceed the amount set forth opposite the name of such Bank in Schedule I under the column headed "Revolving Loan Commitment" (as reduced from time to time pursuant to Paragraph 2.02, the "Revolving Loan Commitment" of such Bank's Commitment at such time ) and (ii) the aggregate principal amount of all Revolving Loans made by all Banks at any time outstanding shall not exceed the limitations set forth in SUBPARAGRAPH 2.02(a)Total Revolving Loan Commitment at such time. All Revolving Loans shall be made on a pro rata basis by the Banks in accordance with their respective Proportionate Shares, with each Revolving Loan Borrowing to be comprised of a Revolving Loan by each Bank equal to such Bank's Proportionate Share of such Revolving Loan Borrowing. Except as otherwise provided herein, Borrower may borrow, repay and reborrow Revolving Loans until the Revolving Loan Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Bell Microproducts Inc)

Revolving Loan Availability. Subject to the terms and conditions of this AgreementRestated Credit Agreement (including the amount limitations set forth in Paragraph 2.02 and the conditions set forth in Section III), each Bank severally agrees to advance to Borrower from time to time during the period beginning on the 1995 Closing Effective Date and ending on May 31, 2000 (the "Revolving Loan Maturity Date Date") such loans as Borrower may request under this PARAGRAPH Paragraph 2.01 (individually, a "REVOLVING LOANRevolving Loan"); PROVIDEDprovided, HOWEVERhowever, that the (i) the aggregate principal amount of all Revolving Loans made by such Bank at any time outstanding shall not exceed such Bank's Revolving Loan Commitment at such time and (ii) the aggregate principal amount of all Revolving Loans made by all Banks at any time outstanding shall not exceed the limitations set forth in SUBPARAGRAPH 2.02(a)Total Revolving Loan Commitment at such time. All Revolving Loans shall be made on a pro rata basis by the Banks in accordance with their respective Proportionate Shares, with each Revolving Loan Borrowing to be comprised of a Revolving Loan by each Bank equal to such Bank's Proportionate Share of such Revolving Loan Borrowing. Except as otherwise provided herein, Borrower may borrow, repay and reborrow Revolving Loans until the Revolving Loan Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Bell Microproducts Inc)

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Revolving Loan Availability. Subject to the terms and conditions of this Agreement, each Bank Lender severally agrees to advance to Borrower from time to time during the period beginning on the 1995 Closing Date and ending on the Revolving Loan Maturity Date such loans as Borrower may request under this PARAGRAPH 2.01 Section II (individually, a "REVOLVING LOANRevolving Loan"); PROVIDEDprovided, HOWEVERhowever, that ---------- -------- ------- (i) the aggregate principal amount of all Revolving Loans made by such Bank Lender at any time outstanding shall not exceed such BankLender's Commitment at such time and (ii) the aggregate principal amount of all Revolving Loans made by all Banks Lenders at any time outstanding shall not exceed the limitations set forth in SUBPARAGRAPH 2.02(a)Total Revolving Loan Commitment at such time. All Revolving Loans shall be made on a pro rata basis by the Banks Lenders in accordance with their respective Proportionate Shares, with each Revolving Loan Borrowing to be comprised of a Revolving Loan by each Bank Lender equal to such BankLender's Proportionate Share of such Revolving Loan Borrowing. Except as otherwise provided herein, Borrower may borrow, repay and reborrow Revolving Loans until the Revolving Loan Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Acuson Corp)

Revolving Loan Availability. Subject to the terms and conditions of this AgreementRestated Credit Agreement (including the amount limitations set forth in Paragraph 2.03 and the conditions set forth in Section III), each Bank Lender severally agrees to advance to Borrower from time to time during the period beginning on the 1995 Closing Effective Date and ending on May 31, 2001 (the "Revolving Loan Maturity Date Date") such loans as Borrower may request under this PARAGRAPH Paragraph 2.01 (individually, a "REVOLVING LOANRevolving Loan"); PROVIDEDprovided, HOWEVERhowever, that the (i) the aggregate principal amount of all Revolving Loans made by such Bank Lender at any time outstanding shall not exceed such BankLender's Revolving Loan Commitment at such time and (ii) the aggregate principal amount of all Revolving Loans made by all Banks Lenders at any time outstanding shall not exceed the limitations set forth in SUBPARAGRAPH 2.02(a)Total Revolving Loan Commitment at such time. All Revolving Loans shall be made on a pro rata basis by the Banks Lenders in accordance with their respective Proportionate Shares, with each Revolving Loan Borrowing to be comprised of a Revolving Loan by each Bank Lender equal to such BankLender's Proportionate Share of such Revolving Loan Borrowing. Except as otherwise provided herein, Borrower may borrow, repay and reborrow Revolving Loans until the Revolving Loan Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Bell Microproducts Inc)

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