Common use of Revolving Loans; Revolving Loan Commitment Clause in Contracts

Revolving Loans; Revolving Loan Commitment. Subject to the terms and conditions herein set forth and in reliance upon the representations, warranties and covenants contained herein, each Bank agrees, severally and not jointly, to make revolving credit loans (collectively, the "REVOLVING LOANS" and individually a "REVOLVING LOAN") to the Borrowers during the period beginning on the date hereof and ending on September 30, 2000 or on the earlier date of termination in full, pursuant to Section 2.6, Section 2.7 or Section 8.1 hereof, of the obligations of such Bank under this Section 2.1 (September 30, 2000 or such earlier date of termination being herein called the "REVOLVING LOAN TERMINATION DATE") in amounts not to exceed at any time outstanding, in the aggregate, the commitment amount set forth opposite the name of such Bank on Exhibit A hereto (each such amount, as the same may be reduced pursuant to Section 2.6 hereof being hereinafter called such Bank's "REVOLVING LOAN COMMITMENT"). The Banks' collective commitment to make Revolving Loans under this Credit Facility shall be the "AGGREGATE REVOLVING LOAN COMMITMENT," and shall include a $3,000,000 sublimit for Standby Letters of Credit. All Revolving Loans shall be made by the Banks simultaneously and PRO RATA in accordance with their respective Revolving Loan Commitments. All Revolving Loans shall be made to the Borrowers at the primary office of the Administrative Agent in Philadelphia located at Broad and Xxxxxxxx Xxxxxxx, Xxxxxxxxxxxx, Xxxxxxxxxxxx 00000. The Revolving Loan Commitment may be renewed annually at the Borrowers' request and the sole discretion of the Banks.

Revolving Loans; Revolving Loan Commitment. Subject to the terms and conditions herein set forth and in reliance upon the representations, warranties and covenants contained herein, each Bank agrees, severally and not jointly, to make revolving credit loans (collectively, the "REVOLVING LOANS" and individually “Revolving Loans” and, individually, a "REVOLVING LOAN"“Revolving Loan”) to the Borrowers Borrower during the period beginning on the date hereof Closing Date and ending on September 30the Business Day immediately preceding May 31, 2000 2006 or on the earlier date of termination in full, pursuant to Section 2.6, Section 2.7 or Section 8.1 hereof, of the obligations of such Bank under this Section 2.1 (September 30, 2000 such Business Day or such earlier date of termination being herein called the "REVOLVING LOAN TERMINATION DATE"“Revolving Loan Termination Date”) in amounts not to exceed at any time outstanding, in the aggregate, the commitment amount set forth in column (1) opposite the name of such Bank on Exhibit A hereto (each such amount, as the same may be reduced pursuant to Section 2.6 hereof or increased pursuant to the last sentence of this Section 2.1(a) being hereinafter called such Bank's "REVOLVING LOAN COMMITMENT"’s “Revolving Loan Commitment”). Subsequent to the execution of this Agreement and prior to the Closing Date, a Bank may increase its Revolving Loan Commitment. Any such increase shall be noted in column (1) opposite the name of the relevant Bank on Exhibit A hereto and the Banks’ Revolving Loan Commitment Percentages shall be adjusted to reflect such increased Revolving Loan Commitment. The Banks' ’ collective commitment to make Revolving Loans under this Credit Facility Agreement shall be the "AGGREGATE REVOLVING LOAN COMMITMENT," and shall include a $3,000,000 sublimit for Standby Letters of Credit“Aggregate Revolving Loan Commitment”. All Revolving Loans shall be made by the Banks simultaneously and PRO RATA pro rata in accordance with their respective Revolving Loan Commitments. All Revolving Loans shall be made to the Borrowers Borrower at the primary office of the Administrative Agent in Philadelphia Cleveland, Ohio located at Broad and Xxxxxxxx Xxxxxxx0000 Xxxx Xxxxx Xxxxxx. Notwithstanding the foregoing, Xxxxxxxxxxxx, Xxxxxxxxxxxx 00000. The the Aggregate Revolving Loan Commitment may be renewed annually at increased to not more than one hundred seventy five million Dollars ($175,000,000) within 90 days after the Borrowers' request Closing Date through the acceptance of (x) new Revolving Loan Commitments from financial institutions which are not “Banks” on the Closing Date and are acceptable to both the Borrower and the sole discretion of the BanksStructuring Agent and/or (y) an increased Revolving Loan Commitment from any Bank(s) (and, in such event, Exhibit A hereto shall be amended accordingly).

Revolving Loans; Revolving Loan Commitment. Subject to the terms and conditions herein set forth and in reliance upon the representations, warranties and covenants contained herein, each Bank agrees, severally and not jointly, to make revolving credit loans (collectively, the "REVOLVING LOANS" and individually “Revolving Loans” and, individually, a "REVOLVING LOAN"“Revolving Loan”) to the Borrowers Borrower during the period beginning on the date hereof Closing Date and ending on September 30May 31, 2000 2004 or on the earlier date of termination in full, pursuant to Section 2.6, Section 2.7 or Section 8.1 hereof, of the obligations of such Bank under this Section 2.1 (September 30May 31, 2000 2004 or such earlier date of termination or if the Revolving Loan Commitment is renewed the anniversary date thereof being herein called the "REVOLVING LOAN TERMINATION DATE"“Revolving Loan Termination Date”) in amounts not to exceed at any time outstanding, in the aggregate, the commitment amount set forth in column (1) opposite the name of such Bank on Exhibit A hereto (each such amount, as the same may be reduced pursuant to Section 2.6 hereof or increased pursuant to the last sentence of this Section 2.1(a) being hereinafter called such Bank's "REVOLVING LOAN COMMITMENT"’s “Revolving Loan Commitment”). Subsequent to the execution of this Agreement and prior to the Closing Date, a Bank may increase its Revolving Loan Commitment. Any such increase shall be noted in column (1) opposite the name of the relevant Bank on Exhibit A hereto and the Banks’ Revolving Loan Commitment Percentages shall be adjusted to reflect such increased Revolving Loan Commitment. The Banks' ’ collective commitment to make Revolving Loans under this Credit Facility shall be the "AGGREGATE REVOLVING LOAN COMMITMENT," and shall include a $3,000,000 sublimit for Standby Letters of Credit“Aggregate Revolving Loan Commitment”. All Revolving Loans shall be made by the Banks simultaneously and PRO RATA pro rata in accordance with their respective Revolving Loan Commitments. All Revolving Loans shall be made to the Borrowers Borrower at the primary office of the Administrative Agent in Philadelphia Cleveland, Ohio located at Broad and Xxxxxxxx Xxxxxxx, Xxxxxxxxxxxx, Xxxxxxxxxxxx 000000000 Xxxx Xxxxx Xxxxxx. The Revolving Loan Commitment may be renewed annually at the Borrowers' Borrower’s request and the sole discretion of the Banks. Notwithstanding the foregoing, the Aggregate Revolving Loan Commitment may be increased to not more than two hundred million Dollars ($200,000,000) within 90 days after the Closing Date through the acceptance of (x) new Revolving Loan Commitments from financial institutions which are not “Banks” on the Closing Date and are acceptable to both the Borrower and the Structuring Agent and/or (y) an increased Revolving Loan Commitment from any Bank(s) (and, in such event, Exhibit A hereto shall be amended accordingly).

Revolving Loans; Revolving Loan Commitment. Subject to the terms and conditions herein set forth and in reliance upon the representations, warranties and covenants contained herein, each Bank agrees, severally and not jointly, to make revolving credit loans (collectively, the "REVOLVING LOANSRevolving Loans" and individually a "REVOLVING LOANRevolving Loan") to the Borrowers during the period beginning on the date hereof Closing Date and ending on September 30, 2000 or on the earlier date of termination in full, pursuant to Section 2.6, Section 2.7 or Section 8.1 hereof, of the obligations of such Bank under this Section 2.1 (September 30, 2000 or such earlier date of termination being herein called the "REVOLVING LOAN TERMINATION DATERevolving Loan Termination Date") in amounts not to exceed at any time outstanding, in the aggregate, the commitment amount set forth in column (1) opposite the name of such Bank on Exhibit A hereto (each such amount, as the same may be reduced pursuant to Section 2.6 hereof being hereinafter called such Bank's "REVOLVING LOAN COMMITMENTRevolving Loan Commitment"). The Banks' collective commitment to make Revolving Loans under this Credit Facility shall be the "AGGREGATE REVOLVING LOAN COMMITMENTAggregate Revolving Loan Commitment," and shall include a $3,000,000 sublimit for Standby Letters of Credit. All Revolving Loans shall be made by the Banks simultaneously and PRO RATA pro rata in accordance with their respective Revolving Loan Commitments. All Revolving Loans shall be made to the Borrowers at the primary office of the Administrative Agent in Philadelphia located at Broad and Xxxxxxxx Xxxxxxx, Xxxxxxxxxxxx, Xxxxxxxxxxxx 00000. The Revolving Loan Commitment may be renewed annually at the Borrowers' request and the sole discretion of the Banks.