Common use of Revolving Loan Commitment Clause in Contracts

Revolving Loan Commitment. Subject to the terms and conditions set forth herein, each Lender who has a Revolving Loan Commitment Percentage that is greater than zero (the "Revolving Loan Lenders") severally agrees to make revolving loans (each a "Revolving Loan" and collectively the "Revolving Loans") to the Borrower, in Dollars, at any time and from time to time, during the period from and including the Effective Date to but not including the Revolving Loan Maturity Date (or such earlier date if the Revolving Committed Amount has been terminated as provided herein) equal to its Revolving Loan Commitment Percentage of each of the Revolving Loans requested by the Borrower; provided, however, that (i) the sum of the aggregate amount of Revolving Loans outstanding plus the aggregate amount of LOC Obligations outstanding shall not exceed the Revolving Committed Amount and (ii) with respect to each individual Revolving Loan Lender, the Revolving Loan Lender's pro rata share of outstanding Revolving Loans plus such Revolving Loan Lender's pro rata share of outstanding LOC Obligations shall not exceed such Revolving Loan Lender's Revolving Loan Commitment Percentage of the Revolving Committed Amount. Subject to the terms of this Credit Agreement (including Section 3.3), the Borrower may borrow, repay and reborrow Revolving Loans.

Appears in 2 contracts

Samples: Credit Agreement (Ivex Packaging Corp /De/), Credit Agreement (Ivex Packaging Corp /De/)

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Revolving Loan Commitment. Subject to the terms and conditions set forth herein, each Lender who has a Revolving Loan Commitment Percentage that is greater than zero (the "Revolving Loan Lenders") severally agrees to make revolving loans (each a "Revolving Loan" ” or “Loan” and collectively the "Revolving Loans"” or “Loans”) in Dollars to the Borrower, in Dollars, at any time and from time to time, during the period from and including the Effective Closing Date to but not including the Revolving Loan Maturity Date (or such earlier date if the Revolving Committed Amount has Commitments have been terminated as provided herein) equal to its Revolving Loan Commitment Percentage of each of the Revolving Loans requested by the Borrower); provided, however, that after giving effect to any Borrowing (i) the sum of the aggregate principal amount of outstanding Revolving Loans outstanding plus the aggregate principal amount of LOC outstanding L/C Obligations shall not exceed the lesser of (x) the Revolving Committed Amount and (y) the face amount of the First Mortgage Bonds (or, during any FMB Release Period, the sum of the aggregate principal amount of outstanding Revolving Loans plus the aggregate principal amount of outstanding L/C Obligations shall not exceed the Revolving Committed Amount Amount) and (ii) with respect to each individual Revolving Loan Lender, the Revolving Loan Lender's pro rata share sum of the aggregate principal amount of outstanding Revolving Loans plus such Revolving Loan Lender's pro rata share the aggregate principal amount of outstanding LOC L/C Obligations of such Lender shall not exceed such Revolving Loan Lender's Revolving Loan Commitment Percentage ’s Pro Rata Share of the Revolving Committed Amount. Subject to the terms of this Credit Agreement (including Section 3.3), the Borrower may borrow, repay and reborrow Revolving Loans.

Appears in 2 contracts

Samples: Credit Agreement (Texas New Mexico Power Co), Credit Agreement (PNM Resources Inc)

Revolving Loan Commitment. Subject to the terms and conditions set forth herein, each Lender who has a Revolving Loan Commitment Percentage that is greater than zero (the "Revolving Loan Lenders") severally agrees to make revolving loans (each a "Revolving Loan" or "Loan" and collectively the "Revolving Loans" or "Loans") in Dollars to the Borrower, in DollarsBorrowers, at any time and from time to time, during the period from and including the Effective Closing Date to but not including the Revolving Loan Maturity Date (or such earlier date if the Revolving Committed Amount has Commitments have been terminated as provided herein) equal to its Revolving Loan Commitment Percentage of each of the Revolving Loans requested by the Borrower); provided, however, that after giving effect to any Borrowing (i) the sum of the aggregate principal amount of outstanding Revolving Loans outstanding plus the aggregate principal amount of LOC outstanding L/C Obligations outstanding shall not exceed the Revolving Committed Amount Amount, (ii) the sum of the principal amount of outstanding Revolving Loans plus the principal amount of outstanding L/C Obligations of each of TNMP, First Choice and FCP, as applicable, shall not exceed the Subsidiary Borrower Sublimit for such Person and (iiiii) with respect to each individual Revolving Loan Lender, the Revolving Loan Lender's pro rata share sum of the aggregate principal amount of outstanding Revolving Loans plus such Revolving Loan Lender's pro rata share the aggregate principal amount of outstanding LOC L/C Obligations of such Lender shall not exceed such Revolving Loan Lender's Revolving Loan Commitment Percentage Pro Rata Share of the Revolving Committed Amount. Subject to the terms of this Credit Agreement (including Section 3.3), the Borrower Borrowers may borrow, repay and reborrow Revolving Loans.

Appears in 2 contracts

Samples: Credit Agreement (PNM Resources Inc), Credit Agreement (PNM Resources Inc)

Revolving Loan Commitment. Subject to the terms and conditions set forth herein, each Lender who has a Revolving Loan Commitment Percentage that is greater than zero (the "Revolving Loan Lenders") severally agrees to make revolving loans (each a "Revolving Loan" and collectively the "Revolving Loans") to the Borrower, in Dollars, at any time and from time to time, during the period from and including the Effective Date to but not including the Revolving Loan Maturity Date (or such earlier date if the Revolving Committed Amount has been terminated as provided herein) equal to its Revolving Loan Commitment Percentage of each of the Revolving Loans requested by the Borrower); provided, however, that (i) the sum of the aggregate amount of Revolving Loans outstanding plus the aggregate amount of LOC Obligations Swingline Loans outstanding plus the aggregate amount of secured Indebtedness incurred by the Credit Parties pursuant to Section 8.1(h) in excess of $100,000,000 shall not exceed the Revolving Committed Amount and (ii) with respect to each individual Revolving Loan Lender, the Revolving Loan Lender's pro rata share of outstanding Revolving Loans plus such Revolving Loan Lender's (other than Bank of America) pro rata share of outstanding LOC Obligations Swingline Loans shall not exceed such Revolving Loan Lender's Revolving Loan Commitment Percentage of the Revolving Committed Amount. Subject to the terms of this Credit Agreement (including Section 3.3), the Borrower may borrow, repay and reborrow Revolving Loans.

Appears in 2 contracts

Samples: Credit Agreement (Abacoa Homes Inc), Credit Agreement (Pulte Corp)

Revolving Loan Commitment. Subject to the terms and conditions set forth herein, each Lender who has a Revolving Loan Commitment Percentage that is greater than zero (the "Revolving Loan Lenders") severally agrees to make revolving loans (each a "Revolving Loan" and collectively the "Revolving Loans") in Dollars to the Borrower, in Dollars, at any time and from time to time, during the period from and including the Effective Closing Date to but not including the Revolving Loan Maturity Date (or such earlier date if the Revolving Committed Amount has Commitments have been terminated as provided herein) equal to its Revolving Loan Commitment Percentage of each of the Revolving Loans requested by the Borrower); provided, however, that after giving effect to any Borrowing (i) the sum of the aggregate principal amount of outstanding Revolving Loans outstanding plus the aggregate principal amount of LOC outstanding L/C Obligations plus the aggregate principal amount of outstanding Swing Line Loans shall not exceed the lesser of (x) the Revolving Committed Amount and (y) the face amount of the First Mortgage Bonds (or, during any FMB Release Period, the sum of the aggregate principal amount of outstanding Revolving Loans plus the aggregate principal amount of outstanding L/C Obligations plus the aggregate principal amount of outstanding Swing Line Loans shall not exceed the Revolving Committed Amount Amount) and (ii) with respect to each individual Revolving Loan Lender, the Revolving Loan Lender's pro rata share sum of the aggregate principal amount of outstanding Revolving Loans of such Lender plus such Revolving Loan Lender's pro rata share ’s Pro Rata Share of the aggregate principal amount of outstanding LOC L/C Obligations and Swing Line Loans shall not exceed such Revolving Loan Lender's Revolving Loan Commitment Percentage of the Revolving Committed Amount’s Commitment. Subject to the terms of this Credit Agreement (including Section 3.3), the Borrower may borrow, repay and reborrow Revolving Loans.

Appears in 2 contracts

Samples: Credit Agreement (Public Service Co of New Mexico), Credit Agreement (Texas New Mexico Power Co)

Revolving Loan Commitment. Subject to the terms and conditions set forth herein, each Lender who has a Revolving Loan Commitment Percentage that is greater than zero (the "Revolving Loan Lenders") severally agrees to make revolving loans (each a "Revolving Loan" and collectively the "Revolving Loans") to the Borrower, in Dollars, at any time and from time to time, during the period from and including the Effective Initial Funding Date to but not including the Revolving Loan Maturity Date (or such earlier date if the Revolving Committed Amount has been terminated as provided herein) equal to its Revolving Loan Commitment Percentage of each of the Revolving Loans requested by the Borrower); provided, however, that (i) the sum of the aggregate amount of Revolving Loans outstanding plus the aggregate amount of LOC Obligations outstanding plus the aggregate amount of Swing Line Loans outstanding shall not exceed the Revolving Committed Amount and (ii) with respect to each individual Revolving Loan Lender, the Revolving Loan Lender's pro rata share of outstanding Revolving Loans plus such Revolving Loan Lender's pro rata share of outstanding LOC Obligations plus (other than the Swing Line Lender) such Lender's pro rata share of Swing Line Loans outstanding shall not exceed such Revolving Loan Lender's Revolving Loan Commitment Percentage of the Revolving Committed Amount. Subject to the terms of this Credit Agreement (including Section 3.3), the Borrower may borrow, repay and reborrow Revolving Loans.

Appears in 2 contracts

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

Revolving Loan Commitment. Subject to the terms and conditions set forth herein, each Lender who has a Revolving Loan Commitment Percentage that is greater than zero (the "Revolving Loan Lenders") severally agrees to make revolving loans (each a "Revolving Loan" and collectively the "Revolving Loans") in Dollars to the Borrower, in Dollars, at any time and from time to time, during the period from and including the Effective Closing Date to but not including the Revolving Loan Maturity Date (or such earlier date if the Revolving Committed Amount has Commitments have been terminated as provided herein) equal to its Revolving Loan Commitment Percentage of each of the Revolving Loans requested by the Borrower); provided, however, that after giving effect to any Borrowing (i) the sum of the aggregate principal amount of outstanding Revolving Loans outstanding plus the aggregate principal amount of LOC outstanding L/C Obligations plus the aggregate principal amount of outstanding Swing Line Loans shall not exceed the Revolving Committed Amount and (ii) with respect to each individual Revolving Loan Lender, the Revolving Loan Lender's pro rata share sum of the aggregate principal amount of outstanding Revolving Loans of such Lender plus such Revolving Loan Lender's pro rata share ’s Pro Rata Share of the aggregate principal amount of outstanding LOC L/C Obligations and Swing Line Loans shall not exceed such Revolving Loan Lender's Revolving Loan Commitment Percentage of the Revolving Committed AmountXxxxxx’s Commitment. Subject to the terms of this Credit Agreement (including Section 3.3), the Borrower may borrow, repay and reborrow Revolving Loans.

Appears in 2 contracts

Samples: Credit Agreement (Public Service Co of New Mexico), Credit Agreement (Public Service Co of New Mexico)

Revolving Loan Commitment. Subject to the terms and conditions set forth herein, each Lender who has a Revolving Loan Commitment Percentage that is greater than zero (the "Revolving Loan Lenders") severally agrees to make revolving loans (each a "Revolving Loan" and collectively the "Revolving Loans") to the Borrower, in DollarsDollars or in Foreign Currency, at any time and from time to time, during the period from and including the Effective Date to but not including the Revolving Loan Maturity Date (or such earlier date if the Revolving Committed Amount has been terminated as provided herein) equal to its Revolving Loan Commitment Percentage of each of the Revolving Loans requested by the Borrower); provided, however, that (i) the sum of the aggregate amount of Revolving Loans outstanding plus the aggregate amount of LOC Obligations outstanding plus the aggregate amount of Swing Line Loans outstanding plus the aggregate amount of Competitive Bid Loans outstanding shall not exceed the Revolving Committed Amount and Amount, (ii) with respect to each individual Revolving Loan Lender, the Revolving Loan Lender's pro rata share of outstanding Revolving Loans plus such Revolving Loan Lender's pro rata share of outstanding LOC Obligations shall not exceed such Revolving Loan Lender's Revolving Loan Commitment Percentage of the Revolving Committed AmountAmount and (iii) the amount of Revolving Loans outstanding in Foreign Currency plus Competitive Bid Loans outstanding in Foreign Currency shall not exceed the U.S. Dollar Equivalent of Fifty Million Dollars ($50,000,000). Subject to the terms of this Credit Agreement (including Section 3.3), the Borrower may borrow, repay and reborrow Revolving Loans.

Appears in 2 contracts

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

Revolving Loan Commitment. Subject to the terms and conditions set forth herein, each Lender who has a Revolving Loan Commitment Percentage that is greater than zero (the "Revolving Loan Lenders") severally agrees to make revolving loans (each a "Revolving Loan" or "Loan" and collectively the "Revolving Loans" or "Loans") in Dollars to the Borrower, in DollarsBorrowers, at any time and from time to time, during the period from and including the Effective Closing Date to but not including the Revolving Loan Maturity Date (or such earlier date if the Revolving Committed Amount has Commitments have been terminated as provided herein) equal to its Revolving Loan Commitment Percentage of each of the Revolving Loans requested by the Borrower); provided, however, that after giving effect to any Borrowing (i) the sum of the aggregate principal amount of outstanding Revolving Loans outstanding plus the aggregate principal amount of LOC outstanding L/C Obligations outstanding shall not exceed the Revolving Committed Amount Amount, (ii) the sum of the principal amount of outstanding Revolving Loans plus the principal amount of outstanding L/C Obligations of each of TNMP and First Choice, as applicable, shall not exceed the Subsidiary Borrower Sublimit for such Person and (iiiii) with respect to each individual Revolving Loan Lender, the Revolving Loan Lender's pro rata share sum of the aggregate principal amount of outstanding Revolving Loans plus such Revolving Loan Lender's pro rata share the aggregate principal amount of outstanding LOC L/C Obligations of such Lender shall not exceed such Revolving Loan Lender's Revolving Loan Commitment Percentage Pro Rata Share of the Revolving Committed Amount. Subject to the terms of this Credit Agreement (including Section 3.3), the Borrower Borrowers may borrow, repay and reborrow Revolving Loans.

Appears in 1 contract

Samples: Credit Agreement (PNM Resources Inc)

Revolving Loan Commitment. Subject to the terms and conditions set forth herein, each Lender who has a Revolving Loan Commitment Percentage that is greater than zero (the "Revolving Loan Lenders") severally agrees to make revolving loans (each a "Revolving Loan" and collectively the "Revolving Loans") to the Borrower, in Dollars, at any time and from time to time, during the period from and including the Effective Date to but not including the Revolving Loan Maturity Date (or such earlier date if the Revolving Committed Amount has been terminated as provided herein) equal to its Revolving Loan Commitment Percentage of each of the Revolving Loans requested by the Borrower); provided, however, that (i) the sum of the aggregate amount of Revolving Loans outstanding plus the aggregate amount of LOC Obligations outstanding plus the aggregate amount of Swingline Loans outstanding shall not exceed the Revolving Committed Amount and (ii) with respect to each individual Revolving Loan Lender, the Revolving Loan Lender's pro rata share of outstanding Revolving Loans plus such Revolving Loan Lender's pro rata share of outstanding LOC Obligations plus (other than the Swingline Lender) such Lender's pro rata share of Swingline Loans outstanding shall not exceed such Revolving Loan Lender's Revolving Loan Commitment Percentage of the Revolving Committed Amount. Subject to the terms of this Credit Agreement (including Section 3.3), the Borrower may borrow, repay and reborrow Revolving Loans.

Appears in 1 contract

Samples: Credit Agreement (Ryans Family Steakhouses Inc)

Revolving Loan Commitment. Subject to the terms and conditions set forth herein, each Lender who has a Revolving Loan Commitment Percentage that is greater than zero (the "Revolving Loan Lenders") severally agrees to make revolving loans (each a "Revolving LoanREVOLVING LOAN" and collectively the "Revolving LoansREVOLVING LOANS") to the Borrower, in Dollars, at any time and from time to time, during the period from and including the Effective Date to but not including the Revolving Loan Maturity Date (or such earlier date if the Revolving Committed Amount has been terminated as provided herein) equal to its Revolving Loan Commitment Percentage of each of the Revolving Loans requested by the Borrower); providedPROVIDED, howeverHOWEVER, that (i) the sum of the aggregate amount of Revolving Loans outstanding plus the aggregate amount of LOC Obligations outstanding plus the aggregate amount of Swing Line Loans outstanding shall not exceed the lesser of (x) the Revolving Committed Amount and (y) the Borrowing Base Assets and (ii) with respect to each individual Revolving Loan LenderLender (other than Xxxxxxx with respect to Swing Line Loans), the Revolving Loan a Lender's pro rata share of outstanding Revolving Loans plus PLUS such Revolving Loan Lender's pro rata share of outstanding LOC Obligations PLUS such Lender's pro rata share of outstanding Swing Line Loans, if any, shall not exceed such Revolving Loan Lender's Revolving Loan Commitment Percentage of the Revolving Committed Amount. Subject to the terms of this Credit Agreement (including Section 3.3), the Borrower may borrow, repay and reborrow Revolving Loans.

Appears in 1 contract

Samples: Credit Agreement (Jumbosports Inc)

Revolving Loan Commitment. Subject to the terms and conditions set forth herein, each Lender who has a Revolving Loan Commitment Percentage that is greater than zero (the "Revolving Loan Lenders") severally agrees to make revolving loans (each a "Revolving Loan" and collectively the "Revolving Loans") to the BorrowerBorrowers, in Dollars, at any time and from time to time, during the period from and including the Effective Closing Date to but not including the Revolving Loan Maturity Date (or such earlier date if the Revolving Committed Amount has been terminated as provided herein) equal to its Revolving Loan Commitment Percentage of each of the Revolving Loans requested by the Borrower); provided, however, that (i) the sum of the aggregate amount of Revolving Loans outstanding plus the aggregate amount of LOC L/C Obligations outstanding plus the aggregate amount of Swingline Loans outstanding shall not exceed the Revolving Committed Amount and (ii) with respect to each individual Revolving Loan Lender, the Revolving Loan Lender's pro rata share of outstanding Revolving Loans plus such Revolving Loan Lender's pro rata share of outstanding LOC L/C Obligations plus (other than the Swingline Lender) such Lender's pro rata share of Swingline Loans outstanding shall not exceed such Revolving Loan Lender's Revolving Loan Commitment Percentage of the Revolving Committed Amount. Subject to the terms of this Credit Agreement (including Section 3.3), the Borrower Borrowers may borrow, repay and reborrow Revolving Loans.

Appears in 1 contract

Samples: Credit Agreement (Ryans Restaurant Group Inc)

Revolving Loan Commitment. Subject to the terms and conditions set forth herein, each Lender who has a Revolving Loan Commitment Percentage that is greater than zero (the "Revolving Loan Lenders") severally agrees to make revolving loans (each a "Revolving Loan" ” or “Loan” and collectively the "Revolving Loans"” or “Loans”) in Dollars to the Borrower, in Dollars, at any time and from time to time, during the period from and including the Effective Closing Date to but not including the Revolving Loan Maturity Date (or such earlier date if the Revolving Committed Amount has Commitments have been terminated as provided herein) equal to its Revolving Loan Commitment Percentage of each of the Revolving Loans requested by the Borrower); provided, however, that after giving effect to any Borrowing (i) the sum of the aggregate principal amount of outstanding Revolving Loans outstanding plus the aggregate principal amount of LOC outstanding L/C Obligations outstanding shall not exceed the lesser of (x) the Revolving Committed Amount and (y) the face amount of the First Mortgage Bonds and (ii) with respect to each individual Revolving Loan Lender, the Revolving Loan Lender's pro rata share sum of the aggregate principal amount of outstanding Revolving Loans plus such Revolving Loan Lender's pro rata share the aggregate principal amount of outstanding LOC L/C Obligations of such Lender shall not exceed such Revolving Loan Lender's Revolving Loan Commitment Percentage ’s Pro Rata Share of the Revolving Committed Amount. Subject to the terms of this Credit Agreement (including Section 3.3), the Borrower may borrow, repay and reborrow Revolving Loans.

Appears in 1 contract

Samples: Credit Agreement (Texas New Mexico Power Co)

Revolving Loan Commitment. Subject to the terms and conditions set forth herein, each Lender who has a Revolving Loan Commitment Percentage that is greater than zero (the "Revolving Loan Lenders") severally agrees to make revolving loans (each a "Revolving Loan" and collectively the "Revolving Loans") to the Borrower, in Dollars, at any time and from time to time, during the period from and including the Effective Date to but not including the Revolving Loan Maturity Date (or such earlier date if the Revolving Committed Amount has been terminated as provided herein) equal to its Revolving Loan Commitment Percentage of each of the Revolving Loans requested by the Borrower); provided, however, that (i) the sum of the aggregate amount of Revolving Loans outstanding plus the aggregate amount of LOC Obligations outstanding plus the aggregate amount of Swing Line Loans outstanding plus the aggregate amount of Foreign Currency Loans outstanding shall not exceed the Revolving Committed Amount and (ii) with respect to each individual Revolving Loan Lender, the Revolving Loan Lender's pro rata share of outstanding Revolving Loans plus such Revolving Loan Lender's pro rata share of outstanding LOC Obligations shall not exceed plus (other than the Swing Line Lender) such Revolving Loan Lender's Revolving Loan Commitment Percentage pro rata share of the Revolving Committed Amount. Subject to the terms Swing Line Loans outstanding plus such Lender's pro rata share of this Credit Agreement Foreign Currency Loans outstanding (including Section 3.3), the Borrower may borrow, repay and reborrow Revolving except for any Foreign Currency Loans.

Appears in 1 contract

Samples: Credit Agreement (Us Can Corp)

Revolving Loan Commitment. Subject to the terms and conditions set forth herein, each Lender who has a Revolving Loan Commitment Percentage that is greater than zero (the "Revolving Loan Lenders") severally agrees to make revolving loans (each a "Revolving LoanREVOLVING LOAN" and collectively the "Revolving LoansREVOLVING LOANS") to the Borrower, in Dollars, at any time and from time to time, during the period from and including the Effective Date to but not including the Revolving Loan Maturity Date (or such earlier date if the Revolving Committed Amount has been terminated as provided herein) equal to its Revolving Loan Commitment Percentage of each of the Revolving Loans requested by the Borrower); providedPROVIDED, howeverHOWEVER, that (i) the sum of the aggregate amount of Revolving Loans outstanding plus the aggregate amount of LOC Obligations outstanding plus the aggregate amount of Synthetic Lease Obligations outstanding shall not exceed the lesser of (x) the Revolving Committed Amount Amount, (y) the Borrowing Base Assets and (z) $37,500,000 and (ii) with respect to each individual Revolving Loan Lender, the Revolving Loan Lender's pro rata share of outstanding Revolving Loans plus such Revolving Loan Lender's pro rata share of outstanding LOC Obligations plus such Lender's pro rata share of the aggregate amount of the outstanding Synthetic Lease Obligations shall not exceed such Revolving Loan Lender's Revolving Loan Commitment Percentage of the Revolving Committed Amount. Subject to the terms of this Credit Agreement (including Section 3.3), the Borrower may borrow, repay and reborrow Revolving Loans.

Appears in 1 contract

Samples: Credit Agreement (Maxim Group Inc /)

Revolving Loan Commitment. Subject to the terms and conditions set forth herein, including but not limited to Section 5.2, each Revolving Lender who has a Revolving Loan Commitment Percentage that is greater than zero (the "Revolving Loan Lenders") severally agrees to make revolving loans (each a "Revolving Loan" and collectively the "Revolving Loans") to the Borrower, in DollarsDollars or in one or more Alternative Currencies, at any time and from time to time, during the period from and including the Effective Closing Date to but not including the Revolving Loan Maturity Date (or such earlier date if the Revolving Committed Amount has been terminated as provided herein) equal to its Revolving Loan Commitment Percentage of each of the Revolving Loans requested by the Borrower); provided, however, that (i) the sum of the aggregate amount of the Dollar Equivalent amount of Revolving Loans outstanding plus the Dollar Equivalent amount of the aggregate amount of LOC Obligations outstanding shall not exceed the Revolving Committed Amount and Amount, (ii) with respect to each individual Revolving Loan Lender, the Revolving Loan Lender's ’s pro rata share of outstanding Revolving Loans plus such Revolving Loan Lender's ’s pro rata share of outstanding LOC Obligations shall not exceed such Revolving Loan Lender's Revolving Loan ’s Commitment Percentage of the Revolving Committed AmountAmount and (iii) the aggregate amount of Revolving Loans denominated in Alternative Currencies shall not exceed the Alternative Currency Sublimit. Subject to the terms of this Credit Agreement (including Section 3.3), the Borrower may borrow, repay and reborrow Loans. On the Closing Date, all Revolving Loans shall be Base Rate Loans unless the Borrower shall have delivered at least three Business Days prior to the Closing Date, a funding indemnity letter in form and substance reasonably satisfactory to the Administrative Agent. Thereafter, Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Polaris Industries Inc/Mn)

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Revolving Loan Commitment. (i) Subject to the terms and conditions set forth herein, each Lender who has a Revolving Loan Commitment Percentage that is greater than zero (the "Revolving Loan Lenders") severally agrees to make revolving loans (each a "Revolving Loan" and collectively the "Revolving Loans") to the Borrower, in Dollars, at any time and from time to time, during the period from and including the Effective Date to but not including the Revolving Loan Maturity Date (or such earlier date if the Revolving Committed Amount has been terminated as provided herein) equal to its Revolving Loan Commitment Percentage of each of the Revolving Loans requested by the Borrower); provided, however, that (iA) the sum of the aggregate amount of Revolving Loans outstanding plus the aggregate amount of LOC Swingline Loans outstanding plus the aggregate amount of all LC Obligations outstanding shall not exceed the Revolving Committed Amount and (iiB) with respect to each individual Revolving Loan Lender (other than the Swingline Lender), the Revolving Loan Lender's pro rata share Pro Rata Share of outstanding Revolving Loans plus such Revolving Loan Lender's pro rata share Pro Rata Share of outstanding LOC Swingline Loans plus such Lender's Pro Rata Share of outstanding LC Obligations shall not exceed such Revolving Loan Lender's Revolving Loan Commitment Percentage of the Revolving Committed AmountCommitment. Subject to the terms of this Credit Agreement (including Section 3.3), the Borrower may borrow, repay and reborrow Revolving Loans.

Appears in 1 contract

Samples: Credit Agreement (Pulte Homes Inc/Mi/)

Revolving Loan Commitment. Subject to the terms and conditions set forth herein, each Lender who has a Revolving Loan Commitment Percentage that is greater than zero (the "Revolving Loan Lenders") severally agrees to make revolving loans (each a "Revolving LoanREVOLVING LOAN" and collectively the "Revolving LoansREVOLVING LOANS") to the Borrower, in Dollars, at any time and from time to time, during the period from and including the Effective Closing Date to but not including the Revolving Loan Maturity Date (or such earlier date if the Revolving Committed Amount has been terminated as provided herein) equal to its Revolving Loan Commitment Percentage of each of the Revolving Loans requested by the Borrower); providedPROVIDED, howeverHOWEVER, that (i) the sum of the aggregate amount of Revolving Loans outstanding plus the aggregate amount of LOC Obligations outstanding plus the aggregate amount of Swing Line Loans outstanding shall not exceed the Revolving Committed Amount and (ii) with respect to each individual Revolving Loan Lender, the Revolving Loan Lender's pro rata share of outstanding Revolving Loans plus such Revolving Loan Lender's pro rata share of outstanding LOC Obligations plus (other than the Swing Line Lender) such Lender's pro rata share of Swing Line Loans outstanding shall not exceed such Revolving Loan Lender's Revolving Loan Commitment Percentage of the Revolving Committed Amount. Subject to the terms of this Credit Agreement (including Section 3.3), the Borrower may borrow, repay and reborrow Revolving Loans.

Appears in 1 contract

Samples: Credit Agreement (Medical Staffing Network Holdings Inc)

Revolving Loan Commitment. Subject to the terms and conditions set forth herein, each Lender who has a Revolving Loan Commitment Percentage that is greater than zero (the "Revolving Loan Lenders") severally agrees to make revolving loans (each a "Revolving Loan" and collectively the "Revolving Loans") to the Borrower, in Dollars, at any time and from time to time, during the period from and including the Effective Date to but not including the Revolving Loan Maturity Date (or such earlier date if the Revolving Committed Amount has been terminated as provided herein) equal to its Revolving Loan Commitment Percentage of each of the Revolving Loans requested by the Borrower); provided, however, that (i) the sum of the aggregate amount of Revolving Loans outstanding plus the aggregate amount of Revolving LOC Obligations outstanding plus the aggregate amount of Synthetic Lease Obligations outstanding shall not exceed the Revolving Committed Amount and (ii) with respect to each individual Revolving Loan Lender, the Revolving Loan Lender's pro rata share of outstanding Revolving Loans plus such Revolving Loan Lender's pro rata share of outstanding Revolving LOC Obligations plus such Lender's pro rata share of the aggregate amount of the outstanding Synthetic Lease Obligations shall not exceed such Revolving Loan Lender's Revolving Loan Commitment Percentage of the Revolving Committed Amount. Subject to the terms of this Credit Agreement (including Section 3.3), the Borrower may borrow, repay and reborrow Revolving Loans.

Appears in 1 contract

Samples: Credit Agreement (Maxim Group Inc /)

Revolving Loan Commitment. (i) Subject to the terms and conditions set forth herein, each Lender who has a Revolving Loan Commitment Percentage that is greater than zero (the "Revolving Loan Lenders") severally agrees to make revolving loans (each a "Revolving Loan" and collectively the "Revolving Loans") to the Borrower, in Dollars, at any time and from time to time, during the period from and including the Effective Date to but not including the Revolving Loan Maturity Date (or such earlier date if the Revolving Committed Amount has been terminated as provided herein) equal to its Revolving Loan Commitment Percentage of each of the Revolving Loans requested by the Borrower); provided, however, that (iA) the sum of the aggregate amount of Revolving Loans outstanding plus the aggregate amount of LOC Swingline Loans outstanding plus the aggregate amount of all LC Obligations outstanding (collectively, the "Outstanding Credit Extensions") shall not exceed the Revolving Committed Amount and (iiB) with respect to each individual Revolving Loan Lender (other than the Swingline Lender), the Revolving Loan Lender's pro rata share Pro Rata Share of outstanding Revolving Loans plus such Revolving Loan Lender's pro rata share Pro Rata Share of outstanding LOC Swingline Loans plus such Lender's Pro Rata Share of outstanding LC Obligations shall not exceed such Revolving Loan Lender's Revolving Loan Commitment Percentage of the Revolving Committed AmountCommitment. Subject to the terms of this Credit Agreement (including Section 3.3), the Borrower may borrow, repay and reborrow Revolving Loans.

Appears in 1 contract

Samples: Credit Agreement (Pulte Homes Inc/Mi/)

Revolving Loan Commitment. Subject to the terms and conditions coniditions set forth herein, each Lender who has a Revolving Loan Commitment Percentage that is greater than zero (the "Revolving Loan Lenders") severally agrees to make revolving loans (each a "Revolving Loan" and collectively the "Revolving Loans") to the Borrower, in Dollars, at any time and from time to time, during the period from and including the Effective Closing Date to but not including the Revolving Loan Maturity Date (or such earlier date if the Revolving Committed Amount has been terminated as provided herein) equal to its Revolving Loan Commitment Percentage of each of the Revolving Loans requested by the Borrower); provided, however, that (i) the sum of the aggregate amount of Revolving Loans outstanding plus the aggregate amount of LOC Obligations outstanding shall not exceed the lesser of (A) the Revolving Committed Amount minus the Excess Payables or (B) the Borrowing Base minus the Excess Payables and (ii) with respect to each individual Revolving Loan Lender, the Revolving Loan Lender's pro rata share of outstanding Revolving Loans plus such Revolving Loan Lender's pro rata share of outstanding LOC Obligations shall not exceed such Revolving Loan Lender's Revolving Loan Commitment Percentage of the lesser of (A) the Revolving Committed AmountAmount minus the Excess Payables, or (B) the Borrowing Base minus the Excess Payables. Subject to the terms of this Credit Agreement (including Section 3.3), the Borrower may borrow, repay and reborrow Revolving Loans.

Appears in 1 contract

Samples: Agreement (Gorges Quik to Fix Foods Inc)

Revolving Loan Commitment. Subject to the terms and conditions set forth herein, each Lender who has a Revolving Loan Commitment Percentage that is greater than zero (the "Revolving Loan Lenders") severally agrees to make revolving loans (each a "Revolving Loan" and collectively the "Revolving Loans") to the BorrowerBorrowers, in Dollars, at any time and from time to time, during the period from and including the Effective Date to but not including the Revolving Loan Maturity Date (or such earlier date if the Revolving Committed Amount has been terminated as provided herein) equal to its Revolving Loan Commitment Percentage of each of the Revolving Loans requested by the Borrower; provided, however, that (i) the sum of the aggregate principal amount of Revolving Loans outstanding plus the aggregate amount of LOC Obligations outstanding shall not exceed the Revolving Committed Amount and Amount, (ii) with respect to each individual Revolving Loan Lender, the Revolving Loan Lender's pro rata share of outstanding Revolving Loans plus such Revolving Loan Lender's pro rata share of outstanding LOC Obligations obligations shall not exceed such Revolving Loan Lender's Revolving Loan Commitment Percentage of the Revolving Committed Amount, and (iii) the aggregate principal amount of Revolving Loans advanced for construction and development of Properties shall not exceed at any one time (A) for such Properties that are less than 50% preleased, $50,000,000 and (B) for all such Properties, $100,000,000. Subject to the terms of this Credit Agreement (including Section 3.3), the Borrower Borrowers may borrow, repay and reborrow Revolving Loans. The Administrative Agent shall keep a record of the purpose for which each of the Loans was advanced (and of repayments applied thereto), which record shall be conclusive absent prima facie error.

Appears in 1 contract

Samples: Credit Agreement (Brandywine Realty Trust)

Revolving Loan Commitment. Subject to the terms and conditions set forth herein, each Lender who that has a Revolving Loan Commitment Percentage that is greater than zero (the "Revolving Loan Lenders") severally agrees to make revolving loans (each a "Revolving LoanREVOLVING LOAN" and collectively the "Revolving LoansREVOLVING LOANS") to the Borrower, in Dollars, at any time and from time to time, during the period from and including the Effective Date to but not including the Revolving Loan Maturity Date (or such earlier date if the Revolving Committed Amount has been terminated as provided herein) equal to its Revolving Loan Commitment Percentage of each of the Revolving Loans requested by the Borrower); providedPROVIDED, howeverHOWEVER, that (i) the sum of the aggregate amount of Revolving Loans outstanding plus the aggregate amount of LOC Obligations Working Capital Revolving Loans outstanding shall not exceed the lesser of (x) the sum of the Revolving Committed Amount plus the Working Capital Committed Amount and (y) the Borrowing Base, and (ii) with respect to each individual Revolving Loan Lender, the Revolving Loan Lendersuch Xxxxxx's pro rata share of outstanding Revolving Loans plus such Xxxxxx's outstanding Working Capital Revolving Loan Lender's pro rata share of outstanding LOC Obligations Loans shall not exceed the sum of (x) such Revolving Loan LenderXxxxxx's Revolving Loan Commitment Percentage of the Revolving Committed Amount and (II) such Xxxxxx's Working Capital Revolving Loan Commitment Percentage of the Working Capital Committed Amount. Subject to the terms of this Credit Agreement (including Section 3.3), the Borrower may borrow, repay and reborrow Revolving Loans.

Appears in 1 contract

Samples: Credit Agreement (Chattem Inc)

Revolving Loan Commitment. Subject to the terms and conditions set forth herein, each Lender who has a Revolving Loan Commitment Percentage that is greater than zero (the "Revolving Loan Lenders") severally agrees to make revolving loans (each a "Revolving Loan" and collectively the "Revolving Loans") to the Borrower, in Dollars, at any time and from time to time, during the period from and including the Effective Date to but not including the Revolving Loan Maturity Date (or such earlier date if the Revolving Committed Amount has been terminated as provided herein) equal to its Revolving Loan Commitment Percentage of each of the Revolving Loans requested by the Borrower); provided, however, that (i) the sum of the aggregate amount of Revolving Loans outstanding plus the aggregate amount of LOC Obligations Swingline Loans outstanding plus the aggregate amount of secured Indebtedness incurred by the Credit Parties, pursuant to Section 8.1(h), in excess of $100,000,000 shall not exceed the Revolving Committed Amount and (ii) with respect to each individual Revolving Loan Lender, the Revolving Loan Lender's pro rata share of outstanding Revolving Loans plus such Revolving Loan Lender's (other than Bank of America) pro rata share of outstanding LOC Obligations Swingline Loans shall not exceed such Revolving Loan Lender's Revolving Loan Commitment Percentage of the Revolving Committed Amount. Subject to the terms of this Credit Agreement (including Section 3.3), the Borrower may borrow, repay and reborrow Revolving Loans.

Appears in 1 contract

Samples: Credit Agreement (Pulte Corp)

Revolving Loan Commitment. The Credit Parties and the Lenders agree that, as of the Closing Date, the amount of Revolving Loans outstanding, as provided under the Original Credit Agreement, equals $_______________. Each of the outstanding Revolving Loans made under the Original Credit Agreement shall be, as of the Effective Date, a Revolving Loan under this Credit Agreement. Subject to the terms and conditions set forth herein, each Lender who has a Revolving Loan Commitment Percentage that is greater than zero (the "Revolving Loan Lenders") severally agrees to make revolving loans (each a "" Revolving Loan" and collectively the "Revolving Loans") to the Borrower, in DollarsU.S. dollars, at any time and from time to time, during the period from and including the Effective Date to but not including the Revolving Loan Maturity Date (or such earlier date if the obligation to make Revolving Committed Amount Loans has been terminated as provided herein) equal to its Revolving Loan Commitment Percentage of each of the Revolving Loans requested by the Borrower); provided, however, that (i) the sum of the aggregate amount of Revolving Loans outstanding plus the aggregate amount of Revolving LOC Obligations outstanding shall not exceed the aggregate Revolving Committed Amount and (ii) with respect to each individual Revolving Loan Lender, the Revolving Loan Lender's pro rata share of outstanding Revolving Loans plus such Revolving Loan Lender's pro rata share of outstanding Revolving LOC Obligations shall not exceed such Revolving Loan Lender's Revolving Loan Commitment Percentage of the Revolving Committed Amount. Subject to the terms of this Credit Agreement (including Section 3.3)Agreement, the Borrower may borrow, repay and reborrow the amount of the Revolving LoansLoan Commitment.

Appears in 1 contract

Samples: Credit Agreement (Ivex Packaging Corp /De/)

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