Common use of Revolving Loans Clause in Contracts

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Revolving Loan”) in Dollars to the Borrower from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving Loans, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Commitment. Within the limits of each Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a), prepay under Section 2.05(a), and reborrow under this Section 2.01(a). Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 6 contracts

Samples: Security Agreement (Ryman Hospitality Properties, Inc.), Security Agreement (Ryman Hospitality Properties, Inc.), Credit Agreement (Ryman Hospitality Properties, Inc.)

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Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Revolving Loan”) in Dollars to the Borrower from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving LoansBorrowing, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iiiii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Commitment. Within the limits of each Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a)2.01, prepay under Section 2.05(a)2.05, and reborrow under this Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 5 contracts

Samples: Credit Agreement (Torchmark Corp), Credit Agreement (Athenahealth Inc), Credit Agreement (Helen of Troy LTD)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Revolving Loan”) in Dollars to the Borrower Borrowers from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving LoansBorrowing, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iiiii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Commitment. Within the limits of each Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01(a)2.01, prepay under Section 2.05(a)2.05, and reborrow under this Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 5 contracts

Samples: Credit Agreement (California Water Service Group), Credit Agreement (California Water Service Group), Credit Agreement (California Water Service Group)

Revolving Loans. Subject to and in reliance upon the terms terms, conditions, representations, and conditions set forth hereinwarranties in the Loan Documents, each Lender severally severally, but not jointly, agrees to make revolving loans (each such loan, revolving loan a “Revolving Loan”) in Dollars to the Borrower from time to time, time on any Business Day during the Availability Periodperiod from the Closing Date to the Maturity Date, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving CommitmentCommitment as set forth on Schedule 2.01; provided, howeverprovided that, that after giving effect to any Borrowing of Revolving LoansBorrowing, (ia) the Total Revolving Outstandings shall not exceed the lesser of (i) Aggregate Revolving Commitments, Commitments and (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iiib) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage Pro Rata Share of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans Obligations shall not exceed such Lender’s Revolving Commitment. Within the limits of each Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a)2.01, prepay under Section 2.05(a)2.04, and reborrow under this Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 4 contracts

Samples: Credit Agreement (Quest Resource Corp), Credit Agreement (Quest Energy Partners, L.P.), Credit Agreement (Quest Energy Partners, L.P.)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a "Revolving Loan") in Dollars to the Borrower from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving 's Commitment; provided, however, that after giving effect to any Borrowing of Revolving LoansBorrowing, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iiiii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s 's Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s 's Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving 's Commitment. Within the limits of each Lender’s Revolving 's Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a)2.01, prepay under Section 2.05(a)2.05, and reborrow under this Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 3 contracts

Samples: Credit Agreement (Cal Dive International Inc), Credit Agreement (Helen of Troy LTD), Credit Agreement (Wright Express CORP)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Revolving Loan”) in Dollars to the Borrower from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving LoansBorrowing, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iiiii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans Loans, shall not exceed such Lender’s Revolving Commitment. Within the limits of each Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a)2.01, prepay under Section 2.05(a)2.05, and reborrow under this Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 3 contracts

Samples: Credit Agreement (Gruma Sab De Cv), Credit Agreement (Gruma Sab De Cv), Credit Agreement (Gruma Sa De Cv)

Revolving Loans. Subject to the terms and conditions set forth herein, each Revolving Lender severally agrees to make loans (each such loan, a “Revolving Loan”) to either Borrower in Dollars to the Borrower from time to time, time on any Business Day during the Availability Period, Period in an aggregate amount not to exceed at any time outstanding the amount of such Revolving Lender’s Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving Loans, (i) with regard to the Revolving Lenders collectively, the Total Revolving Outstandings shall not exceed TWO HUNDRED FIFTY MILLION DOLLARS ($250,000,000) (as such amount may be increased or decreased in accordance with the provisions hereof, the “Aggregate Revolving Commitments, Committed Amount”) and (ii) the with regard to each Revolving Lender individually, such Revolving Lender’s Pro Rata Share of Total Facility Revolving Outstandings shall not exceed the Borrowing Base, and (iii) the aggregate Outstanding Amount of the such Revolving Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Commitment. Within the limits of each Revolving Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01(a)2.01, prepay under Section 2.05(a)2.05, and reborrow under this Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 3 contracts

Samples: Credit Agreement (Armstrong World Industries Inc), Credit Agreement (Armstrong World Industries Inc), Credit Agreement (Armstrong World Industries Inc)

Revolving Loans. (a) Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Revolving Loan”) in Dollars to the Borrower from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving LoansBorrowing, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iiiii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Commitment. Within the limits of each Lender’s Revolving Commitmentthe Borrowing Base, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a)2.01, prepay under Section 2.05(a)2.05, and reborrow under this Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 3 contracts

Samples: Credit Agreement (Texas Industries Inc), Credit Agreement (Texas Industries Inc), Credit Agreement (Texas Industries Inc)

Revolving Loans. Subject to the terms and conditions set forth herein, each Revolving Lender severally agrees to make loans (each such loan, a “Revolving Loan”) in Dollars to the Borrower from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving LoansBorrowing, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving aggregate amount of the Commitments, (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iiiii) the aggregate Outstanding Amount of the Revolving Loans of any Revolving Lender, plus such Lender’s Applicable Revolving Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Revolving Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Commitment. Within the limits of each Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may may, with respect to Revolving Loans, borrow under this Section 2.01(a)2.01, prepay under Section 2.05(a)2.06, and reborrow under this Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 2 contracts

Samples: Revolving Credit and Term Loan Agreement (Agree Realty Corp), Revolving Credit and Term Loan Agreement (Agree Realty Corp)

Revolving Loans. (a) 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 loans (each such loan, a “its Commitment Percentage of Revolving Loan”) in Dollars Loans to the Borrower from time to timetime from the Closing Date to, on any Business Day during but not including, the Availability PeriodTermination Date, as requested by the Borrower in an aggregate amount not to exceed at any time outstanding accordance with the amount terms of such Lender’s Revolving CommitmentSections 2.03(a)(i); provided, however, that (i) the aggregate principal amount of all outstanding Extensions of Credit (after giving effect to any Borrowing amount requested and the application of Revolving Loans, (ithe proceeds thereof) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, Commitments of the Lenders; and (ii) the Total Facility Outstandings principal amount of outstanding Revolving Loans from any Lender to the Borrower shall not exceed the Borrowing Base, and (iii) the aggregate Outstanding Amount of the Revolving Loans of at any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not time exceed such Lender’s Revolving Commitment. Within the limits of each Commitment less such Lender’s Revolving CommitmentCommitment Percentage multiplied by the sum of the: (A) L/C Obligations then outstanding, (B) aggregate principal amount of all Swingline Loans then outstanding, and subject (C) aggregate principal amount of all Competitive Bid Loans then outstanding. Each Revolving Loan by a Lender shall be in a principal amount equal to such Lender’s Commitment Percentage multiplied by the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a), prepay under Section 2.05(a), and reborrow under this Section 2.01(a). aggregate principal amount of Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided hereinrequested on such occasion.

Appears in 2 contracts

Samples: Revolving Credit Agreement (South Jersey Gas Co/New), Revolving Credit Agreement (South Jersey Industries Inc)

Revolving Loans. Subject to the terms and conditions set forth herein, each Revolving Lender severally agrees to make loans (each such loan, a “Revolving Loan”) in Dollars to the Borrower in Dollars from time to time, time on any Business Day during the Availability Period, Period in an aggregate amount not to exceed at any time outstanding the amount of such Revolving Lender’s Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving Loans, Loans (i) with regard to the Revolving Lenders collectively, the Total Revolving Outstandings shall not exceed TWO HUNDRED MILLION DOLLARS ($200,000,000) (as such amount may be increased or decreased in accordance with the provisions hereof, the “Aggregate Revolving Commitments, Committed Amount”) and (ii) the with regard to each Revolving Lender individually, such Revolving Lender’s Pro Rata Share of Total Facility Revolving Outstandings shall not exceed the Borrowing Base, and (iii) the aggregate Outstanding Amount of the such Revolving Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Commitment. Within the limits of each Revolving Lender’s Revolving Commitment, Commitment and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a)2.01, prepay under Section 2.05(a)2.05, and reborrow under this Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 2 contracts

Samples: Credit Agreement (Kraton Performance Polymers, Inc.), Credit Agreement (Kraton Polymers LLC)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make revolving loans (each such loan, a "Revolving Loan") in Dollars to the Borrower from time to time, time on any Business Day during the Availability Periodperiod from the Closing Date to the Maturity Date, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s 's Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving LoansBorrowing, (i) the Total aggregate Outstanding Amount of all Revolving Outstandings Loans, Swing Line Loans and L/C Obligations shall not exceed the Aggregate Revolving Commitments, Commitments and (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage 's Pro Rata Share of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage 's Pro Rata Share of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s 's Revolving Commitment. Within the limits of each Lender’s 's Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a)2.01, prepay under Section 2.05(a)2.05 hereof, and reborrow under this Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 2 contracts

Samples: Credit Agreement (Cash America International Inc), Credit Agreement (Cash America International Inc)

Revolving Loans. (a) 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 loans (each such loan, a “its Commitment Percentage of Revolving Loan”) in Dollars Loans to the Borrower from time to timetime from the Closing Date to, on any Business Day during but not including, the Availability PeriodTermination Date, as requested by the Borrower in an aggregate amount not to exceed at any time outstanding accordance with the amount terms of such Lender’s Revolving CommitmentSections 2.03(a)(i) or as set forth in Section 3.05; provided, however, that (i) the aggregate principal amount of all outstanding Extensions of Credit (after giving effect to any Borrowing amount requested and the application of Revolving Loans, (ithe proceeds thereof) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, Commitments of the Lenders; and (ii) the Total Facility Outstandings principal amount of outstanding Revolving Loans from any Lender to the Borrower shall not exceed the Borrowing Base, and (iii) the aggregate Outstanding Amount of the Revolving Loans of at any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not time exceed such Lender’s Revolving Commitment. Within the limits of each Commitment less such Lender’s Revolving CommitmentCommitment Percentage multiplied by the sum of the: (A) L/C Obligations then outstanding, (B) aggregate principal amount of all Swingline Loans then outstanding, and subject (C) aggregate principal amount of all Competitive Bid Loans then outstanding. Each Revolving Loan by a Lender shall be in a principal amount equal to such Lender’s Commitment Percentage multiplied by the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a), prepay under Section 2.05(a), and reborrow under this Section 2.01(a). aggregate principal amount of Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided hereinbeing made on such occasion.

Appears in 2 contracts

Samples: Credit Agreement (South Jersey Industries Inc), Credit Agreement (South Jersey Industries Inc)

Revolving Loans. (a) 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 loans (each such loan, a “its Commitment Percentage of Revolving Loan”) in Dollars Loans to the Borrower from time to timetime from the Closing Date to, on any Business Day during but not including, the Availability PeriodTermination Date, as requested by the Borrower in an aggregate amount not to exceed at any time outstanding accordance with the amount terms of such Lender’s Revolving CommitmentSections 2.03(a)(i) or as set forth in Section 3.05; provided, however, that (i) the aggregate principal amount of all outstanding Extensions of Credit (after giving effect to any Borrowing amount requested and the application of Revolving Loans, (ithe proceeds thereof) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, Commitments of the Lenders; and (ii) the Total Facility Outstandings principal amount of outstanding Revolving Loans from any Lender to the Borrower shall not exceed the Borrowing Base, and (iii) the aggregate Outstanding Amount of the Revolving Loans of at any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not time exceed such Lender’s Revolving Commitment. Within the limits of each Commitment less such Lender’s Revolving CommitmentCommitment Percentage multiplied by the sum of the: (A) L/C Obligations then outstanding, and subject (B) aggregate principal amount of all Swingline Loans then outstanding. Each Revolving Loan by a Lender shall be in a principal amount equal to such Lender’s Commitment Percentage multiplied by the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a), prepay under Section 2.05(a), and reborrow under this Section 2.01(a). aggregate principal amount of Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided hereinbeing made on such occasion.

Appears in 2 contracts

Samples: Credit Agreement (South Jersey Gas Co/New), Credit Agreement (South Jersey Industries Inc)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Revolving Loan”) in Dollars to the Borrower in Dollars or in one or more Alternative Currencies from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving LoansBorrowing, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Commitment and (iii) the aggregate Outstanding Amount of all Revolving CommitmentLoans denominated in Alternative Currencies shall not exceed the Alternative Currency Sublimit. Within the limits of each Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a)2.01, prepay under Section 2.05(a)2.05, and reborrow under this Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans or Eurodollar Eurocurrency Rate Loans, as further provided herein.

Appears in 2 contracts

Samples: Security Agreement (Capella Education Co), Credit Agreement (Capella Education Co)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Revolving Loan”) in Dollars to each of the Borrower Borrowers from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving LoansBorrowing, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans Obligations shall not exceed such Lender’s Commitment, and (iii) the aggregate Outstanding Amount of all Revolving CommitmentLoans made to AAG and L/C Obligations for which GAFRI or one of its Subsidiaries is the Letter of Credit Obligor shall not exceed $200,000,000. Within the limits of each Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01(a)2.01, prepay under Section 2.05(a)2.04, and reborrow under this Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 2 contracts

Samples: Credit Agreement (Great American Financial Resources Inc), Credit Agreement (American Financial Group Inc)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Revolving Loan”) in Dollars to the Borrower from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving LoansBorrowing, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iiiii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Commitment. Within the limits of each Lender’s Revolving Commitment, and subject to the other terms and conditions hereofhereof (including Section 2.07 herein), the Borrower may borrow under this Section 2.01(a)2.01, prepay under Section 2.05(a)2.05, and reborrow under this Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 2 contracts

Samples: Credit Agreement (California Water Service Group), Credit Agreement (California Water Service Group)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender with a Revolving Commitment severally agrees to make loans (each such loan, a “Revolving Loan”) in Dollars to the Borrower from time to time, on any Business Day during the Revolving Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving LoansBorrowing, (ia) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iiib) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage Revolving Pro Rata Share of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage Revolving Pro Rata Share of the Outstanding Amount of all Swing Line Loans Loans, shall not exceed such Lender’s Revolving Commitment. Within the limits of each Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a)2.01, prepay under Section 2.05(a)2.06, and reborrow under this Section 2.01(a)2.01. Revolving Loans may be Alternate Base Rate Loans or and/or Eurodollar Rate Loans, as further provided herein.

Appears in 2 contracts

Samples: Credit Agreement (Powersecure International, Inc.), Credit Agreement (Powersecure International, Inc.)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Revolving Loan”) in Dollars Tranche A Loans and Tranche B Loans to the Borrower Borrowers from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving Commitment; providedprovided that, however, that after giving effect to any Borrowing of Revolving LoansLoan, (i) the Total Revolving Outstandings shall Outstanding Amount of the Loans in the applicable Tranche does not exceed (A) in the Aggregate Revolving Commitmentscase of Tranche A Loans, Tranche A Availability and (B) in the case of Tranche B Loans, Tranche B Availability, (ii) the Total Facility Outstandings shall do not exceed the Aggregate Borrowing BaseAvailability, and (iii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Swingline Loans shall do not exceed such Lender’s Revolving Commitment. Within the limits of each Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01(a)2.01, prepay under Section 2.05(a)2.04, and reborrow under this Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans or Fixed Period Eurodollar Rate Loans, as further provided herein.

Appears in 2 contracts

Samples: Credit Agreement (KKR Financial Corp), Credit Agreement (KKR Financial Corp)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Revolving Loan”) to the Borrowers (other than the Canadian Borrower) in Dollars to the Borrower or in one or more Alternative Currencies from time to time, time on any Business Day during the Availability Period, Period in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving Loans, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, and (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans plus such Lender’s Applicable Percentage of the Outstanding Amount of all Canadian Loans plus such Lender’s Applicable Percentage of the Outstanding Amount of all U.K. Swing Line Loans shall not exceed such Lender’s Revolving Commitment. Within the limits of each Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower Revolving Loans may borrow be borrowed under this Section 2.01(a)2.01, prepay prepaid under Section 2.05(a)2.06, and reborrow reborrowed under this Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans or Eurodollar Eurocurrency Rate Loans, as further provided herein.

Appears in 2 contracts

Samples: Credit Agreement (Navigant Consulting Inc), Credit Agreement (Navigant Consulting Inc)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Revolving Loan”) in Dollars to the Borrower from time to time, on any Business Day during the applicable Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving Loans, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Commitment. Within the limits of each Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a), prepay under Section 2.05(a), and reborrow under this Section 2.01(a). Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 2 contracts

Samples: Security Agreement (Gaylord Entertainment Co /De), Credit Agreement (Gaylord Entertainment Co /De)

Revolving Loans. Subject to the terms and conditions set forth herein, each Revolving Lender severally agrees to make loans (each such loanmake, a “convert and continue Revolving Loan”) in Dollars Loans to the Borrower from time to time, Borrowers on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Revolving Lender’s Revolving Credit Commitment; provided, however, that after giving effect to any Borrowing of Revolving LoansBorrowing, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, Loan Cap (ii) the Total Facility Outstandings shall not exceed the Borrowing Baseexcluding any applicable L/C Reserve), and (iiiii) the aggregate Outstanding Amount of the Revolving Loans of any Revolving Lender, plus such Lender’s Applicable Percentage Pro Rata Share of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage Pro Rata Share of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Credit Commitment. Within the limits of each LenderRevolving Xxxxxx’s Revolving Credit Commitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01(a)2.02, prepay under Section 2.05(a)2.06, and reborrow under this Section 2.01(a)2.02. Revolving Loans may be Base Rate Loans or Eurodollar Rate Eurocurrency RateTerm SOFR Loans, as further provided herein.. 2.03

Appears in 1 contract

Samples: Credit Agreement (Mueller Water Products, Inc.)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Revolving Loan”) in Dollars to the Borrower from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving Loans, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, and (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage Pro Rata Share of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage Pro Rata Share of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Commitment. Within the limits of each Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a), prepay under Section 2.05(a), and reborrow under this Section 2.01(a). Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (DST Systems Inc)

Revolving Loans. Subject to the terms and conditions set forth herein, each Revolving Lender severally agrees to make revolving loans (each such revolving loan, a “Revolving Loan”) in Dollars to the Borrower from time to time, on any Business Day during the Revolving Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving LoansBorrowing, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, and (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Revolving Commitment Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Revolving Commitment Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Commitment. Within the limits of each Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a)2.01, prepay under Section 2.05(a)2.05, and reborrow under this Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Egl Inc)

Revolving Loans. EXHIBIT 4.1 Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a "Revolving Loan") in Dollars to the Borrower Company from time to time, time on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving 's Commitment; provided, however, provided that after giving effect to any Borrowing of Revolving LoansBorrowing, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iiiii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage 's Pro Rata Share of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage 's Pro Rata Share of the Outstanding Amount of all Swing Line Loans shall not exceed the amount of such Lender’s Revolving 's Commitment. Within the limits of each Lender’s Revolving 's Commitment, and subject to the other terms and conditions hereof, the Borrower Company may borrow under this Section 2.01(a)2.1, prepay under Section 2.05(a)2.5, and reborrow under this Section 2.01(a)2.1. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Abm Industries Inc /De/)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Revolving Loan”) in Dollars to the Borrower from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving LoansBorrowing, (i) the Total Revolving Outstandings shall not exceed the lesser of (x) the Aggregate Revolving Commitments, or (iiy) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iiiii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Commitment. Within the limits of each Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a)2.01, prepay under Section 2.05(a)2.05, and reborrow under this Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Covenant Transport Inc)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender with a Revolving Commitment severally agrees to make loans (each such loan, a "Revolving Loan") in Dollars to the Borrower from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s 's Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving Loans, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, and (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s 's Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s 's Applicable Percentage of the Outstanding Amount of all Swing Line Loans Swingline Loans, shall not exceed such Lender’s 's Revolving Commitment. Within the limits of each Lender’s 's Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a), prepay under Section 2.05(a), and reborrow under this Section 2.01(a). Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Biltmore Surgery Center Holdings Inc)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Revolving Loan”) in Dollars Loans to the Borrower Borrower, from time to time, on any Business Day time during the Availability Period, in an the aggregate U.S. Dollar Equivalent principal amount not to exceed outstanding at any time outstanding the amount of that will not result in (a) such Lender’s 's Revolving Commitment; provided, however, that after giving effect to any Borrowing of Credit Exposure (determined in accordance with Section 10.14) exceeding such Lender's Revolving Loans, Commitment or (ib) the Total sum of the aggregate Revolving Outstandings shall not exceed Credit Exposures of all Lenders (determined in accordance with Section 10.14) exceeding the Aggregate Revolving Commitments, (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iii) the aggregate Outstanding Amount . Funding of the any Revolving Loans shall be in any combination of any LenderU.S. Dollars and Foreign Currency as specified by the Borrower as set forth in Section 2.3; provided, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Commitment. Within the limits of each Lender’s Revolving Commitment, and that subject to the other terms and conditions hereoffurther applicable limitations set forth in Section 2.23(a) with regard to the issuance of Letters of Credit, the Borrower may borrow under this Section 2.01(a), prepay under Section 2.05(a), and reborrow under this Section 2.01(a). U.S. Dollar Equivalent amount of outstanding Revolving Loans may be Base Rate and LC Obligations funded and issued in Foreign Currency (determined, with respect to such Revolving Loans or Eurodollar Rate Loansand LC Obligations, as further provided herein.in accordance with Section 10.14) shall at no time exceed the Foreign Currency Commitment then in

Appears in 1 contract

Samples: Revolving Credit Agreement (Sykes Enterprises Inc)

Revolving Loans. Subject to the terms and conditions set forth herein, each Revolving A Lender severally agrees to make loans (each such loan, a “Revolving A Loan”) in Dollars to the Borrower in Dollars from time to time, time on any Business Day during the Availability Period, Period in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving A Commitment; provided, however, that after giving effect to any Borrowing of Revolving A Loans, (iix) the Total Revolving A Outstandings shall not exceed the Available Aggregate Revolving Commitments, (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, A Commitments and (iiiiiy) the aggregate Outstanding Amount of the Revolving A Loans of any Lender, plus such Lender’s Applicable Revolving Credit Percentage of the Outstanding Amount of all L/C Obligations, Obligations plus such Lender’s Applicable Revolving Credit Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving A Commitment. Within the limits of each Lender’s Revolving A Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a)2.01, prepay under Section 2.05(a)2.05, and reborrow under this Section 2.01(a)2.01. Revolving A Loans may be Base Rate Loans or Eurodollar EurodollarEurocurrency Rate Loans, or a combination thereof, as further provided herein.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Providence Service Corp)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a "Revolving Loan") in Dollars to the Borrower from time to time, on any Business Day during the applicable Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s 's Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving Loans, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, Base and (iii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s 's Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans Obligations shall not exceed such Lender’s 's Revolving Commitment. Within the limits of each Lender’s 's Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a), prepay under Section 2.05(a), and reborrow under this Section 2.01(a). Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Gaylord Entertainment Co /De)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Revolving Loan”) in Dollars to the Borrower in Dollars from time to time, time on any Business Day during the Availability Period, Commitment Period in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving Loans, (i) the Total aggregate principal amount of the Revolving Outstandings Obligations shall not exceed the Aggregate Revolving Commitments, and (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iii) the aggregate Outstanding Amount outstanding principal amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Revolving Commitment Percentage of the Outstanding Amount outstanding principal amount of all L/C Obligations, plus such Lender’s Applicable Revolving Commitment Percentage of the Outstanding Amount outstanding principal amount of all Swing Line Swingline Loans shall not exceed such Lender’s Revolving Commitment. Within the limits of each Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a)2.1, prepay under Section 2.05(a)2.5, and reborrow under this Section 2.01(a)2.1. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Advance America, Cash Advance Centers, Inc.)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a "Revolving Loan") in Dollars to the Borrower from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s 's Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving Loans, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, and (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s 's Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans Obligations shall not exceed such Lender’s 's Revolving Commitment. Within the limits of each Lender’s 's Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a), prepay under Section 2.05(a2.04(a), and reborrow under this Section 2.01(a). Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (American Color Graphics Inc)

Revolving Loans. (a) Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Revolving Loan”) in Dollars to the Borrower from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving LoansBorrowing, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage Pro Rata Share of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage Pro Rata Share of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving CommitmentCommitment and (iii) except as provided in Section 2.01(b) below, the aggregate principal amount of all Borrowing Base Debt shall not exceed the Borrowing Base determined as of the most recent Inventory Valuation Date. Within the limits of each Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a)2.01, prepay under Section 2.05(a)2.05, and reborrow under this Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Meritage Homes CORP)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Revolving Loan”"REVOLVING LOAN") in Dollars to the Borrower from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s 's Revolving Commitment; providedPROVIDED, howeverHOWEVER, that after giving effect to any Borrowing of Revolving Loans, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, and (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus PLUS such Lender’s Applicable Percentage 's Pro Rata Share of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage 's Pro Rata Share of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s 's Revolving Commitment. Within the limits of each Lender’s 's Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section SECTION 2.01(a), prepay under Section SECTION 2.05(a), and reborrow under this Section SECTION 2.01(a). Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (DST Systems Inc)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Revolving Loan”) to the Borrowers in Dollars to the Borrower from time to time, time on any Business Day during the Availability Period, Period in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving Loans, (i) the Total Revolving Outstandings shall not exceed the lesser of (A) the Aggregate Revolving Commitments, Commitments less the Availability Block and (iiB) the Total Facility Outstandings shall not exceed the Borrowing BaseBase at such time, and (iiiii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Commitment. Within the limits of each Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01(a)2.01, prepay under Section 2.05(a)2.05, and reborrow under this Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Kid Brands, Inc)

Revolving Loans. Subject to the terms and conditions set forth herein, each Revolving Lender severally agrees to make loans (each such loan, a “Revolving Loan”) in Dollars to the Borrower from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Revolving Lender’s Revolving Commitment; provided, however, provided that after giving effect to any Revolving Borrowing of Revolving Loans, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, and (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iii) the aggregate Outstanding Amount of the Revolving Loans of any Revolving Lender, plus such Revolving Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Revolving Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Revolving Lender’s Revolving Commitment. Within the limits of each Revolving Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a2.01(b), prepay under Section 2.05(a)2.05, and reborrow under this Section 2.01(a2.01(b). Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Dynamics Research Corp)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Revolving Loan”) in Dollars to the Borrower from time to time, on any Business Day during prior to the Availability PeriodRevolving Credit Maturity Date, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Applicable Percentage of the Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving LoansBorrowing, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, (ii) the Total Facility Outstandings shall not exceed the Borrowing BaseCommitment, and (iiiii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Commitment. Within the limits of each Lender’s Applicable Percentage of the Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a)2.1, prepay under Section 2.05(a)2.5, and reborrow under this Section 2.01(a)2.1. Revolving Loans may be Base Rate Loans or Eurodollar Rate LIBOR Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Goldleaf Financial Solutions Inc.)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender with a Revolving Commitment severally agrees to make loans (each such loan, a “Revolving Loan”) in Dollars to the Borrower from time to time, on any Business Day during the Revolving Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving LoansBorrowing, (i) the Total Revolving Outstandings and the Outstanding Amount of all Swing Line Loans shall not exceed the Aggregate Revolving Commitments, and (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage Revolving Pro Rata Share of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage Revolving Pro Rata Share of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Commitment. Within the limits of each Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a)2.01, prepay under Section 2.05(a)2.06, and reborrow under this Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans or and/or Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Team Inc)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loanmake, a “Convert and Continue Revolving Loan”) Loans in Dollars to the Borrower from time to time, time on any Business Day during the Availability Period, in an aggregate amount not period from the Closing Date to exceed at any time outstanding the amount of such Lender’s Revolving CommitmentCredit Maturity Date; provided, however, that after giving effect to any Borrowing of Revolving LoansBorrowing, (i) the Total aggregate Outstanding Amount of all Revolving Outstandings Loans, Swing Line Loans and L/C Obligations shall not exceed the Aggregate Revolving Credit Commitments, (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iiiii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage 's Pro Rata Revolving Share of the aggregate Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage 's Pro Rata Revolving Share of the aggregate Outstanding Amount of all Swing Line Loans Loans, shall not exceed such Lender’s 's Revolving Credit Commitment. Within the limits of each Lender’s 's Revolving Credit Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a)2.02, prepay under Section 2.05(a)2.06, and reborrow under this Section 2.01(a)2.02. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Alltrista Corp)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a "Revolving Loan") to the -------------- Borrower in Dollars to the Borrower from time to time, time on any Business Day during the Availability Period, Period in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s 's Revolving Commitment; provided, -------- however, that after giving effect to any Borrowing of Revolving Loans, (i) the ------- Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, and (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s 's Applicable Percentage of the Outstanding ---- Amount of all L/C Obligations, Obligations plus such Lender’s 's Applicable Percentage of the ---- Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s 's Revolving Commitment. Within the limits of each Lender’s 's Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a)2.01, prepay under Section 2.05(a)2.05, and reborrow under this ------------ ------------ Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, ------------ as further provided herein, provided, however, all Borrowings made on the Closing Date shall be made as Base Rate Loans.

Appears in 1 contract

Samples: Credit Agreement (Graybar Electric Co Inc)

Revolving Loans. Subject to the terms and conditions set forth herein, each Revolving Lender severally agrees to make loans (each such loan, a "Revolving Loan") to the Parent (on behalf of one or more Borrowers) in Dollars to the Borrower from time to time, time on any Business Day during the Availability Period, Period in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s 's Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving Loans, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, Commitments and (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage 's Pro Rata Share of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage 's Pro Rata Share of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s 's Revolving Commitment. Within the limits of each Lender’s 's Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower Parent (on behalf of one or more Borrowers) may borrow under this Section 2.01(a)2.01, prepay Revolving Loans under Section 2.05(a)2.05, and reborrow under this Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein, provided, however, that all Borrowings of Revolving Loans made on the Closing Date shall be made as Base Rate Loans.

Appears in 1 contract

Samples: Credit Agreement (Central Parking Corp)

Revolving Loans. Subject to the terms and conditions set forth out herein, each Lender severally agrees to make loans (each such loan, a “Revolving Loan”) in Dollars to the Borrower from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving CommitmentCommitment as set forth on Schedule 2.01; provided, howeverprovided that, that after giving effect to any Borrowing of Revolving LoansBorrowing, (ia) the Total Revolving Outstandings shall not exceed the lower of (i) Aggregate Revolving Commitments, Commitments and (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iiib) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage Pro Rata Share of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans Obligations shall not exceed such Lender’s Revolving Commitment. Within the limits of each Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a)2.01, prepay under Section 2.05(a)2.05, and reborrow under this Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Gulfport Energy Corp)

Revolving Loans. Subject to the terms and conditions set forth herein, each Revolving Lender severally agrees to make loans (each such loan, a “Revolving Loan”) in Dollars to the Borrower in Dollars from time to time, time on any Business Day during the Availability Period, Period in an aggregate amount not to exceed at any time outstanding the amount of such Revolving Lender’s Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving Loans, (i) with regard to the Revolving Lenders collectively, the Total Revolving Outstandings shall not exceed THREE HUNDRED MILLION DOLLARS ($300,000,000) (as such amount may be increased or decreased in accordance with the provisions hereof, the “Aggregate Revolving Commitments, Committed Amount”) and (ii) the with regard to each Revolving Lender individually, such Revolving Lender’s Pro Rata Share of Total Facility Revolving Outstandings shall not exceed the Borrowing Base, and (iii) the aggregate Outstanding Amount of the such Revolving Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Commitment. Within the limits of each Revolving Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a)2.01, prepay under Section 2.05(a)2.05, and reborrow under this Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Armstrong World Industries Inc)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Revolving Loan”) in Dollars to the Borrower in Dollars or in one or more Alternative Currencies from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving LoansBorrowing, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving CommitmentsCommitment, (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage Pro Rata Share of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage Pro Rata Share of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Commitment, and (iii) the aggregate Outstanding Amount of all Revolving CommitmentLoans and L/C Obligations denominated in Alternative Currencies shall not exceed the Alternative Currency Sublimit. Within the limits of each Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a)2.01, prepay under Section 2.05(a)2.05, and reborrow under this Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans or and/or Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Team Inc)

Revolving Loans. Subject to the terms and conditions set forth herein, each Revolving Lender severally agrees to make loans (each such loan, a “Revolving Loan”) in Dollars Loans to the Borrower Borrowers, on a joint and several basis, from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Revolving Lender’s 's Revolving Credit Commitment; provided, however, that after giving effect to any Borrowing of Revolving LoansLoan, (i) the Total Revolving Credit Outstandings shall not exceed the Aggregate Revolving Credit Commitments, (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iiiii) the aggregate Outstanding Amount of the Revolving Loans of any Revolving Lender, plus such Revolving Lender’s 's Applicable Revolving Credit Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans Obligations shall not exceed such Revolving Lender’s 's Revolving Credit Commitment. Within the limits of each Revolving Lender’s 's Revolving Credit Commitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01(a)2.02, prepay under Section 2.05(a), 2.05 and reborrow under this Section 2.01(a)2.02. The principal amount of the Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, outstanding hereunder from time to time shall bear interest as further provided hereinherein provided.

Appears in 1 contract

Samples: Credit Agreement (Intersections Inc)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Revolving Loan”) in Dollars to the Borrower at any time and from time to time, time on any Business Day during the Availability Period, each Lender shall, pro rata according to that Lender's Pro Rata Share of the Revolving Commitment, make advances (each such advance, a "Revolving Loan Advance") to Borrower under the Revolving Commitment in such amounts as Borrower may request in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving 's Commitment; provided, however, that after giving effect to any Borrowing of Revolving LoansCommitted Borrowing, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iiiii) the aggregate Outstanding Amount of the Revolving Committed Loans of any Lender, plus such Lender’s Applicable Percentage 's Pro Rata Share of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving 's Commitment. Within the limits of each Lender’s Revolving 's Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a), prepay under Section 2.05(a)2.05, and reborrow under this Section 2.01(a). Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Ashworth Inc)

Revolving Loans. Subject to the terms and conditions set forth herein, each Revolving Lender severally agrees to make loans (each such loan, a “Revolving Loan”) Loans in Dollars to the Borrower (each such Loan, a "Revolving Loan"), from time to time, time on any Business Day during the Availability Periodperiod from the Closing Date to the Maturity Date, in an aggregate amount not to exceed at any time outstanding the amount of such Revolving Lender’s 's Revolving Loan Commitment; provided, however, that after giving effect to any Borrowing of Revolving Loans, (i) the Total aggregate Outstanding Amount of all Revolving Outstandings Loans and L/C Obligations shall not exceed the Aggregate Revolving Commitments, Commitments and (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iii) the aggregate Outstanding Amount of the all Revolving Loans of any Revolving Lender, plus such Lender’s Applicable Percentage 's Pro Rata Share of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans Obligations shall not exceed such Lender’s 's Revolving Loan Commitment. Within the limits of each Revolving Lender’s 's Revolving Loan Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a)2.01, prepay under Section 2.05(a)2.04, and reborrow under this Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans or Eurodollar LIBO Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Solectron Corp)

Revolving Loans. (a) Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Revolving Loan”) in Dollars to the Borrower in Dollars from time to time, time on any Business Day during the Availability Period, Period in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving Loans, (i) the Total Revolving Outstandings shall not exceed the lesser of (A) the Aggregate Revolving Commitments, and (iiB) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iiiii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans Lender shall not exceed such Lender’s Revolving Commitment. Within the limits of each Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a)2.01, prepay under Section 2.05(a)2.03, and reborrow under this Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans or Eurodollar LIBOR Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Sunpower Corp)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender with a Revolving Commitment severally agrees to make loans (each such loan, a “Revolving Loan”) in Dollars to the Borrower from time to time, on any Business Day during the Revolving Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving LoansBorrowing, (i) the Total Revolving Outstandings and the Outstanding Amount of all Swing Line Loans shall not exceed the Aggregate Revolving Commitments, (ii) the Total Facility Outstandings shall not exceed the Borrowing BaseCommitment, and (iiiii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage Revolving Pro Rata Share of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage Revolving Pro Rata Share of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Commitment. Within the limits of each Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a)2.01, prepay under Section 2.05(a)2.06, and reborrow under this Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans or and/or Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Team Inc)

Revolving Loans. Subject to the terms and conditions set forth herein, each Revolving Lender severally agrees to make loans (each such loan, a “Revolving Loan”) in Dollars to the Borrower in Dollars from time to time, time on any Business Day during the Availability Period, Period in an aggregate amount not to exceed at any time outstanding the amount of such Revolving Lender’s Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving Loans, (i) with regard to the Revolving Lenders collectively, the Total Revolving Outstandings shall not exceed TWO HUNDRED MILLION DOLLARS ($200,000,000) (as such amount may be increased or decreased in accordance with the provisions hereof, the “Aggregate Revolving Commitments, Committed Amount”) and (ii) the with regard to each Revolving Lender individually, such Revolving Lender’s Pro Rata Share of Total Facility Revolving Outstandings shall not exceed the Borrowing Base, and (iii) the aggregate Outstanding Amount of the such Revolving Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Commitment. Within the limits of each Revolving Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a)2.01, prepay under Section 2.05(a)2.05, and reborrow under this Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Armstrong World Industries Inc)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a "Revolving Loan") in Dollars to the Borrower Borrowers from time to time, on any Business Day during the Availability Periodperiod from the Closing Date to the Commitment Termination Date in such Lender's Pro Rata Share of the aggregate amount of such Revolving Loans requested by the Borrowers from all Lenders and, in any event, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving 's Commitment; provided, however, provided that after giving effect to any Borrowing of Revolving LoansBorrowing, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, Commitments and (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, Lender plus such Lender’s Applicable Percentage 's Pro Rata Share of the Outstanding Amount of all L/C Obligations, Obligations plus such Lender’s Applicable Percentage 's Pro Rata Share of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving 's Commitment. Within the limits of each Lender’s Revolving 's Commitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01(a)2.1, prepay under Section 2.05(a)2.5, and reborrow under this Section 2.01(a)2.1. Revolving Loans may shall be either Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Mondavi Robert Corp)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans in Dollars (each such loan, a “Revolving Loan”) in Dollars to the Borrower from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such LenderLxxxxx’s Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving LoansBorrowing, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iiiii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such LenderLxxxxx’s Revolving Commitment. Within the limits of each Lender’s Revolving Commitment, and subject to the other terms and conditions hereofhereof (including Section 2.07 herein), the Borrower may borrow under this Section 2.01(a)2.01, prepay under Section 2.05(a)2.05, and reborrow under this Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Term SOFR Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (California Water Service Group)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a "Revolving Loan") in Dollars to the Borrower from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving 's Commitment; provided, however, that after giving effect to any Borrowing of Revolving LoansBorrowing, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iiiii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s 's Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving 's Commitment. Within the limits of each Lender’s Revolving 's Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a)2.01, prepay under Section 2.05(a)2.05, and reborrow under this Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Odyssey Re Holdings Corp)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Revolving Loan”) in Dollars to the Borrower from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving Loans, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, and (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage Pro Rata Share of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage Pro Rata Share of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Commitment. Within the limits of each Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a), prepay under Section 2.05(a2.05(a)(i), and reborrow under this Section 2.01(a). Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Inamed Corp)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans in Dollars (each such loan, a “Revolving Loan”) in Dollars to the Borrower from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving LoansRevolver Borrowing, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Commitment. Within the limits of each Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a)2.01, prepay under Section 2.05(a)2.06, and reborrow under this Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: 2022 Revolving Credit Agreement (TJX Companies Inc /De/)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans in Dollars (each such loan, a “Revolving Loan”) in Dollars to the Borrower from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving LoansRevolver Borrowing, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iiiii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Commitment. Within the limits of each Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a)2.01, prepay under Section 2.05(a)2.06, and reborrow under this Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Assignment and Assumption (TJX Companies Inc /De/)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Revolving Loan”) in Dollars to the Borrower from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving Loans, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, Base and (iii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Commitment. Within the limits of each Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a), prepay under Section 2.05(a)2.05, and reborrow under this Section 2.01(a). Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Trustreet Properties Inc)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Revolving Loan”) to the Borrowers in Dollars to the Borrower from time to time, time on any Business Day during the Availability Period, Period in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving Loans, (i) the Total Revolving Outstandings shall not exceed the lesser of (x) the Aggregate Revolving Commitments, Commitments and (iiy) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iiiii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Commitment. Within the limits of each Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01(a)2.01, prepay under Section 2.05(a)2.05, and reborrow under this Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein, provided, however, all Borrowings made on the Closing Date shall be made as Base Rate Loans.

Appears in 1 contract

Samples: Credit Agreement (Omega Protein Corp)

Revolving Loans. Subject to the terms and conditions set forth herein, each Revolving Lender severally agrees to make loans (each such loanmake, a “Convert and Continue Revolving Loan”) Loans in Dollars to the Borrower from time to time, time on any Business Day during the Availability Periodperiod from April 24, in an aggregate amount not 2002 to exceed at any time outstanding the amount of such Lender’s Revolving CommitmentCredit Maturity Date; provided, however, that after giving effect to any Borrowing of Revolving LoansBorrowing, (i) the Total aggregate Outstanding Amount of all Revolving Outstandings Loans, Swing Line Loans and L/C Obligations shall not exceed the Aggregate Revolving Credit Commitments, (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iiiii) the aggregate Outstanding Amount of the Revolving Loans of any Revolving Lender, plus such Revolving Lender’s Applicable Percentage 's Pro Rata Revolving Share of the aggregate Outstanding Amount of all L/C Obligations, plus such Revolving Lender’s Applicable Percentage 's Pro Rata Revolving Share of the aggregate Outstanding Amount of all Swing Line Loans Loans, shall not exceed such Revolving Lender’s 's Revolving Credit Commitment. Within the limits of each Revolving Lender’s 's Revolving Credit Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a)2.02, prepay under Section 2.05(a)2.06, and reborrow under this Section 2.01(a)2.02. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Jarden Corp)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally severally, not jointly, agrees to make loans (each such loan, a “Revolving Loan”) in Dollars to the Borrower from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such LenderLxxxxx’s Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving Loans, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, and (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans Obligations shall not exceed such LenderLxxxxx’s Revolving Commitment. Within the limits of each Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a), prepay under Section 2.05(a), and reborrow under this Section 2.01(a). Revolving Loans may be Base Rate Loans, Daily Simple SOFR Loans or Eurodollar Rate Term SOFR Loans, as further provided herein.

Appears in 1 contract

Samples: Pledge Agreement (Ryman Hospitality Properties, Inc.)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a "Revolving Loan") in Dollars to the Borrower in Dollars from time to time, time on any Business Day during the Availability Period, Period in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s 's Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving Loans, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, and (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage 's Pro Rata Share of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage 's Pro Rata Share of the Outstanding Amount of all Swing Line Swingline Loans shall not exceed such Lender’s 's Revolving Commitment. Within the limits of each Lender’s 's Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a)2.01, prepay under Section 2.05(a)2.05, and reborrow under this Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Medianews Group Inc)

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Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Revolving Loan”) in Dollars to the Borrower in Dollars from time to time, time on any Business Day during the Availability Period, Period in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving Loans, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, and (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans Obligations shall not exceed such Lender’s Revolving Commitment. Within the limits of each Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a)2.01, prepay under Section 2.05(a)2.05, and reborrow under this Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Artio Global Investors Inc.)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a "Revolving Loan") in Dollars to the Borrower from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving 's Commitment; provided, however, that after giving effect to any Borrowing of Revolving Loans, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iiiii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage 's Pro Rata Share of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans Obligations shall not exceed such Lender’s Revolving 's Commitment. Within the limits of each Lender’s Revolving 's Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a), prepay under Section 2.05(a2.04(a), and reborrow under this Section 2.01(a). Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Sierra Health Services Inc)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans in Dollars (each such loan, a “Revolving Loan”) in Dollars to the Borrower Borrowers from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving LoansBorrowing, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iiiii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Commitment. Within the limits of each Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01(a)2.01, prepay under Section 2.05(a)2.05, and reborrow under this Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (California Water Service Group)

Revolving Loans. Subject to the terms and conditions set forth herein, each Revolving Lender severally agrees to make loans (each such loan, a “Revolving Loan”) in Dollars to the Borrower in Dollars from time to time, time on any Business Day during the Availability Period, Period in an aggregate amount not to exceed at any time outstanding the amount of such LenderRevolving Xxxxxx’s Revolving Commitment; provided, however, provided that after giving effect to any Borrowing of Revolving Loans, (i) with regard to the Revolving Lenders collectively, the Total Revolving Outstandings shall not exceed FIVE HUNDRED MILLION DOLLARS ($500,000,000) (as such amount may be increased or decreased in accordance with the provisions hereof, the “Aggregate Revolving Commitments, Committed Amount”) and (ii) the Total Facility Outstandings shall not exceed the Borrowing Basewith regard to each Revolving Lender individually, and (iii) the aggregate Outstanding Amount of the such Revolving Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans Revolving Exposure shall not exceed such Revolving Lender’s Revolving Commitment. Within the limits of each LenderRevolving Xxxxxx’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a)2.01, prepay under Section 2.05(a)2.05, and reborrow under this Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Term SOFR Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Armstrong World Industries Inc)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a Revolving Loan”) in Dollars to the Borrower in Dollars from time to time, time on any Business Day during the Availability Period, Period in an aggregate principal amount not to exceed at any time outstanding the amount of such Lender’s Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving Loans, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, Commitments and (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not CACI INTERNATIONAL INC NINTH AMENDMENT exceed such Lender’s Revolving Commitment. Within the limits of each Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a), prepay under Section 2.05(a)2.05, and reborrow under this Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, or a combination thereof, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Caci International Inc /De/)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Revolving Loan”) in Dollars to the Borrower from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving Loans, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Commitment. Within the limits of each Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a), prepay under Section 2.05(a), and reborrow under this Section 2.01(a). Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.this

Appears in 1 contract

Samples: Security Agreement (Gaylord Entertainment Co /De)

Revolving Loans. (a) Subject to the terms and conditions set forth hereinin this Agreement, each Lender severally agrees to make loans (each such loanagrees, a “Revolving Loan”) in Dollars subject to the Borrower limitations set forth below with respect to the maximum amount of Revolving Loans and/or Outstanding Obligations permitted to be outstanding from time to time, on any Business Day to lend to Borrower from time to time during the Availability Period, in period from the Closing Date to but excluding the Maturity Date an aggregate amount not to exceed at any time outstanding exceeding its Pro Rata Share of the aggregate amount of such the Revolving Loan Commitments to be used for the purposes identified in Section 6.12. The original amount of each Lender’s 's Revolving Commitment; providedLoan Commitment is set forth opposite its name on Schedule 2.01 and the aggregate original amount of the Revolving Loan Commitments is $35,000,000. Anything contained in this Agreement to the contrary notwithstanding, however, the Revolving Loans and the Revolving Loan Commitments shall be subject to the limitation that after giving effect to any Borrowing of Revolving Loans, (i) the Total aggregate amount of the Revolving Outstandings Loan Commitments shall not exceed be reduced from time to time by the Aggregate Revolving Commitmentsamount of any reductions thereto made pursuant to Section 2.05 or 2.06 or otherwise, (ii) the Total Facility Outstandings Outstanding Obligations of each Lender (excluding Swing Line Lender's Swing Line Loans) shall not exceed the Borrowing Base, such Lender's Revolving Loan Commitment then in effect as reduced from time to time; and (iii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount Obligations of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans Lenders at any time shall not exceed such Lender’s the lesser of (1) the combined Revolving Commitment. Within the limits of each Lender’s Revolving CommitmentLoan Commitments then in effect as reduced from time to time pursuant to Section 2.05 or 2.06 or otherwise, and subject to (2) the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a), prepay under Section 2.05(a), and reborrow under this Section 2.01(a). Revolving Loans may be Borrowing Base Rate Loans or Eurodollar Rate Loans, as further provided hereinthen in effect.

Appears in 1 contract

Samples: Credit Agreement (Equity Marketing Inc)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Revolving Loan”) in Dollars to the Borrower from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving CommitmentCommitment as set forth on Schedule 2.01; provided, however, provided that after giving effect to any Borrowing borrowing of Revolving Loans, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage Pro rata Share of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage Pro rata Share of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Commitment. Within the limits of each Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a)2.01, prepay under Section 2.05(a)2.05, and reborrow under this Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein. Notwithstanding the foregoing, no more than $250,000,000 of Revolving Loans may be borrowed on the Closing Date.

Appears in 1 contract

Samples: Credit Agreement (Carters Inc)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender with a Revolving Commitment severally agrees to make loans (each such loan, a "Revolving Loan") in Dollars to the Borrower from time to time, on any Business Day during the Revolving Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s 's Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving LoansBorrowing, (i) the Total Revolving Outstandings and the Outstanding Amount of all Swing Line Loans shall not exceed the Aggregate Revolving Commitments, and (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage 's Revolving Pro Rata Share of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage 's Revolving Pro Rata Share of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s 's Revolving Commitment. Within the limits of each Lender’s 's Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a)2.01, prepay under Section 2.05(a)2.06, and reborrow under this Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate and/or LIBOR Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (United States Lime & Minerals Inc)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Revolving Loan”) in Dollars to the Borrower in Dollars from time to time, time on any Business Day during the Availability Period, Period in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving Loans, (i) the Total Revolving Outstandings shall not exceed the lesser of (x) the Aggregate Revolving Commitments, Commitments and (iiy) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iiiii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Commitment. Within the limits of each Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a)2.01, prepay under Section 2.05(a)2.05, and reborrow under this Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein, provided, however, all Borrowings made on the Closing Date shall be made as Base Rate Loans.

Appears in 1 contract

Samples: Credit Agreement (Usa Truck Inc)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a "Revolving Loan") in Dollars to the Borrower from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving 's Commitment; provided, however, that after giving effect to any Borrowing of Revolving LoansBorrowing, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iiiii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage 's Pro Rata Share of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans Obligations shall not exceed such Lender’s Revolving 's Commitment. Within the limits of each Lender’s Revolving 's Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a)2.01, prepay under Section 2.05(a)2.04, and reborrow under this Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Commercial Metals Co)

Revolving Loans. Subject to the terms and conditions set forth herein, each Revolving Lender severally agrees to make loans (each such loanmake, a “Convert and Continue Revolving Loan”) Loans in Dollars to the Borrower from time to time, time on any Business Day during the Availability Period, in an aggregate amount not period from the Closing Date to exceed at any time outstanding the amount of such Lender’s Revolving CommitmentCredit Maturity Date; provided, however, that after giving effect to any Borrowing of Revolving LoansBorrowing, (i) the Total aggregate Outstanding Amount of all Revolving Outstandings Loans, Swing Line Loans and L/C Obligations shall not exceed the Aggregate Revolving Credit Commitments, (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iiiii) the aggregate Outstanding Amount of the Revolving Loans of any Revolving Lender, plus such Revolving Lender’s Applicable Percentage 's Pro Rata Revolving Share of the aggregate Outstanding Amount of all L/C Obligations, plus such Revolving Lender’s Applicable Percentage 's Pro Rata Revolving Share of the aggregate Outstanding Amount of all Swing Line Loans Loans, shall not exceed such Revolving Lender’s 's Revolving Credit Commitment. Within the limits of each Revolving Lender’s 's Revolving Credit Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a)2.02, prepay under Section 2.05(a)2.06, and reborrow under this Section 2.01(a)2.02. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Jarden Corp)

Revolving Loans. Subject to the terms and conditions set forth herein, each Revolving Loan Lender severally agrees to make loans (each such loan, a “Revolving Loan”) in Dollars to the Borrower from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Revolving Loan Lender’s Revolving CommitmentLoan Commitment as set forth on Schedule 2.01; provided, however, provided that after giving effect to any Borrowing borrowing of Revolving Loans, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage Pro Rata Share of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage Pro Rata Share of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Loan Commitment. Within the limits of each Lender’s Revolving Loan Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a2.01(b), prepay under Section 2.05(a)2.05, and reborrow under this Section 2.01(a2.01(b). Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Barrington Quincy LLC)

Revolving Loans. Subject to the terms and conditions set forth herein, each Revolving Lender severally agrees to make loans (each such loan, a “Revolving Loan”) in Dollars Loans to the Borrower Borrowers at any time and from time to time, on any Business Day time during the Availability Period, Period in an aggregate principal amount that will not to exceed at any time outstanding the amount of result in (i) such Lender’s Revolving CommitmentExposure exceeding such Lender’s Revolving Commitments or (ii) the Aggregate Revolving Exposure exceeding the lesser of the Aggregate Revolving Commitment and the Applicable Borrowing Base then in effect, provided that (A) the Lenders shall be under no obligation to fund any Revolving A Loan unless the Borrowers have borrowed the full amount of the aggregate Revolving A-1 Commitments (to the extent that such Revolving A-1 Commitments have not been terminated); provided(B) the aggregate outstanding amount of the Revolving A-1 Loans shall not exceed the aggregate amount of Revolving A-1 Commitments, however, that (C) Excess Availability shall not be less than $7,500,000 before or after giving effect to any Borrowing of the requested Revolving LoansLoan, and (iD) the Total Aggregate Revolving Outstandings Exposures shall not exceed the Aggregate Revolving Commitments, (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Commitment. Within the foregoing limits of each Lender’s Revolving Commitment, and subject to the other terms and conditions hereofset forth herein, the Borrower Borrowers may borrow under this Section 2.01(a)borrow, prepay under Section 2.05(a), and reborrow under this Section 2.01(a). Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Revolving Credit Agreement (Joe's Jeans Inc.)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a "Revolving Loan") in Dollars to the Borrower in Dollars or in one or more Alternative Currencies from time to time, time on any Business Day during the Availability Period, Period in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s 's Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving Loans, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, Commitments and (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s 's Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s 's Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s 's Revolving Commitment. Within the limits of each Lender’s 's Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a)2.01, prepay under Section 2.05(a)2.05, and reborrow under this Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans or Eurodollar Eurocurrency Rate Loans, as further provided herein, provided, however, all Borrowings made on the Closing Date shall be made as Base Rate Loans.

Appears in 1 contract

Samples: Credit Agreement (Volt Information Sciences, Inc.)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a "Revolving Loan") in Dollars to the Borrower from time to time, time on any Business Day during the Availability Periodperiod from the Closing Date to the Maturity Date, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving 's Commitment; provided, however, that after giving effect to any Borrowing of Revolving LoansBorrowing, (i) the Total Revolving Outstandings aggregate Outstanding Amount of all Loans and L/C Obligations shall not exceed the Aggregate Revolving Commitments, (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iiiii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage 's Pro Rata Share of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage 's Pro Rata Share of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving 's Commitment. Within the limits of each Lender’s Revolving 's Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a)2.01, prepay under Section 2.05(a)2.05, and reborrow under this Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Elcor Corp)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender with a Revolving Commitment severally agrees to make loans (each such loan, a "Revolving Loan") in Dollars to the Borrower from time to time, on any Business Day during the Revolving Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s 's Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving LoansBorrowing, (i) the Total Revolving Outstandings and the Outstanding Amount of all Swing Line Loans shall not exceed the Aggregate Revolving Commitments, and (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage 's Revolving Pro Rata Share of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage 's Revolving Pro Rata Share of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s 's Revolving Commitment. Within the limits of each Lender’s 's Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a)2.01, prepay under Section 2.05(a)2.06, and reborrow under this Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans or and/or Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Nci Building Systems Inc)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans in Dollars (each such loan, a “Revolving Loan”) in Dollars to the Borrower Borrowers from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such LenderXxxxxx’s Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving LoansBorrowing, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iiiii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such LenderXxxxxx’s Revolving Commitment. Within the limits of each Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01(a)2.01, prepay under Section 2.05(a)2.05, and reborrow under this Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Term SOFR Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (California Water Service Group)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Revolving Loan”) to the Borrowers in Dollars to the Borrower or in one or more Alternative Currencies from time to time, time on any Business Day during the Availability Period, Period in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving Loans, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, Commitments and (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Commitment. Within the limits of each Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01(a)2.01, prepay under Section 2.05(a)2.05, and reborrow under this Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans or Eurodollar Eurocurrency Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Flir Systems Inc)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender having a Revolving Commitment severally agrees to make loans (each such loan, a “Revolving Loan”) in Dollars to the Borrower from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving Loans, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, and (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Swingline Loans shall not exceed such Lender’s Revolving Commitment. Within the limits of each Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a)2.01, prepay under Section 2.05(a), and reborrow under this Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Cincinnati Bell Inc)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Revolving Loan”) in Dollars to the Borrower from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving LoansBorrowing, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iiiii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Commitment. Within the limits of each Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a)2.01, prepay under Section 2.05(a)2.04, and reborrow under this Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Note (American Financial Group Inc)

Revolving Loans. Subject to the terms and conditions set forth herein, each Revolving Lender severally agrees to make loans (each such loanmake, a “convert and continue Revolving Loan”) Loans in US Dollars to the Borrower from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Revolving Lender’s 's Revolving Credit Commitment; provided, however, that after giving effect to any Borrowing of Revolving LoansBorrowing, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Credit Commitments, (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iiiii) the aggregate Outstanding Amount of the Revolving Loans of any Revolving Lender, plus such Lender’s Applicable Percentage 's Pro Rata Revolving Share of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans Obligations shall not exceed such Lender’s 's Revolving Credit Commitment. Within the limits of each Lender’s Revolving 's Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a)2.02, prepay under Section 2.05(a)2.05, and reborrow under this Section 2.01(a)2.02. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Pzena Investment Management, Inc.)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a "Revolving Loan") in Dollars to the Borrower from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s 's Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving Loans, (ia) the Total Revolving Outstandings shall not exceed the lesser of (i) the Aggregate Revolving Commitments, Commitments and (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iiib) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage 's Pro Rata Share of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans Obligations shall not exceed such Lender’s 's Revolving Commitment. Within the limits of each Lender’s 's Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a), prepay under Section 2.05(a2.04(a), and reborrow under this Section 2.01(a). Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (American Financial Realty Trust)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender with a Revolving Loan Commitment severally agrees to make loans (each such loan, a “Revolving Loan”) in Dollars Loans to the Borrower Borrowers from time to timetime in accordance with such Lender’s Revolving Loan Applicable Percentage, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving Loan Commitment; provided, however, that after giving effect to any Borrowing of Revolving LoansLoan, (i) the Total Outstandings consisting of without duplication, Revolving Outstandings Loans and L/C Obligations shall not exceed the Aggregate Revolving Commitments, (ii) the Total Facility Outstandings shall not exceed the Borrowing BaseLoan Commitments of all Lenders, and (iiiii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus plus, without duplication, such Lender’s Revolving Loan Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans Obligations shall not exceed such Lender’s Revolving Loan Commitment. Within the limits of each Lender’s Revolving Loan Commitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01(a)2.01, prepay under Section 2.05(a), and reborrow under this Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (InfuSystem Holdings, Inc)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make revolving loans (each such loan, a “Revolving Loan”) in Dollars to the Borrower from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving LoansBorrowing, (i) the Total Revolving Outstandings and the Outstanding Amount of all Swing Line Loans shall not exceed the Aggregate Revolving Commitments, and (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage Revolving Pro Rata Share of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage Revolving Pro Rata Share of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Commitment. Within the limits of each Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a)2.01, prepay under Section 2.05(a)2.05, and reborrow under this Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Carriage Services Inc)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Revolving Loan”) in Dollars to the Borrower shall from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving Loans, prepay (i) the Revolving A Loans to the extent necessary so that the Total Utilization of Revolving Outstandings A Commitments shall not at any time exceed the Aggregate lesser of (A) the Borrowing Base then in effect less the aggregate principal amount of Revolving CommitmentsB Loans outstanding at such time and (B) the Revolving A Commitments then in effect, (ii) the Revolving B Loans to the extent necessary so that the Total Facility Outstandings Utilization of Revolving B Commitments shall not at any time exceed the lesser of (A) the Borrowing Base, Base then in effect less the sum of (1) the aggregate principal amount of Revolving A Loans outstanding at such time plus (2) the Letter of Credit Usage and (B) the Revolving B Commitments then in effect and (iii) the aggregate Outstanding Amount Revolving Loans when (x) the Borrowing Base then in effect less (y) the sum of (1) the Total Utilization of Revolving A Commitments plus (2) the Total Utilization of Revolving B Commitments is less than $0, in the amount by which such deficit is less than zero; provided, that all such prepayments shall be applied, to the extent applicable, first, to the principal amount of Revolving A Loans outstanding at such time, second, to provide cash collateral in respect of the Revolving Loans of any LenderObligations, plus such Lenderto be held as security for Borrower’s Applicable Percentage reimbursement Obligations in respect of the Outstanding Amount outstanding Letters of Credit under arrangements reasonably acceptable to Borrowing Base Agent, equal to one hundred and five percent (105%) of the Letter of Credit Usage at any time prior to the stated expiry of all L/C Obligations, plus such Lender’s Applicable Percentage outstanding Letters of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Commitment. Within the limits of each Lender’s Revolving CommitmentCredit, and subject third, to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a), prepay under Section 2.05(a), and reborrow under this Section 2.01(a). principal amount of Revolving B Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided hereinoutstanding at such time.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Proliance International, Inc.)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Revolving Loan”) in Dollars to the Borrower in Dollars or in one or more Alternative Currencies from time to time, time on any Business Day during the Availability Period, Period in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving Loans, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Commitment. Within , (iii) the limits Outstanding Amount of each Lender’s all Revolving Commitment, Loans denominated in Alternative Currencies shall not exceed the Alternative Currency Sublimit and subject to (iv) during the other terms and conditions hereofCash Collateral Period, the Borrower may borrow under this Section 2.01(a), prepay under Section 2.05(a), and reborrow under this Section 2.01(a). Total Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided hereinOutstandings shall not exceed the Cash Collateral Amount.

Appears in 1 contract

Samples: Credit Agreement and Security Agreement (STR Holdings, Inc.)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Revolving Loan”) to the Borrowers in Dollars to the Borrower or in one or more Alternative Currencies from time to time, time on any Business Day during the Availability Period, Period in an aggregate amount not to exceed at any time outstanding the amount of such LenderXxxxxx’s Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving Loans, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, and (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such LenderXxxxxx’s Applicable Percentage Pro Rata Share of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage Pro Rata Share of the Outstanding Amount of all Swing Line Loans shall not exceed such LenderXxxxxx’s Revolving Commitment. Within the limits of each Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01(a)2.01, prepay under Section 2.05(a)2.05, and reborrow under this Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans, Term Benchmark Loans or Eurodollar Rate RFR Loans, as further provided herein; provided, that all Loans to Xxxxx Finance Luxembourg and Xxxxx SARL that are denominated in Dollars shall be Term Benchmark Loans.

Appears in 1 contract

Samples: Credit Agreement (Brady Corp)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Revolving Loan”) in Dollars to the Borrower from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving Loans, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, Commitments and (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Commitment. Within the limits of each Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a), prepay under Section 2.05(a)2.05, and reborrow under this Section 2.01(a). Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Bridge Credit Agreement (U S Restaurant Properties Inc)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Revolving Loan”) in Dollars to the Borrower in Dollars from time to time, time on any Business Day during the Availability Period, Period in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving Loans, (i) the Total aggregate outstanding principal amount of all Revolving Outstandings Loans shall not exceed the lesser of (x) the Aggregate Revolving Commitments, Commitments and (iiy) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iiiii) the aggregate Outstanding Amount outstanding principal amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans Lender shall not exceed such Lender’s Revolving Commitment. Within the limits of each Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a)2.01, prepay under Section 2.05(a)2.03, and reborrow under this Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans, Eurodollar Rate Loans or Eurodollar Daily Floating Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (LCC International Inc)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make revolving loans (each such loantogether with all “Loans” owing to Lender on the Closing Date pursuant to and as defined under the Original Credit Agreement, a the “Revolving LoanLoans”) in Dollars to the Borrower from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of the Revolving Commitment in effect at such Lender’s Revolving Commitmenttime; provided, however, that after giving effect to any Loan Borrowing of Revolving Loans, (i) the Total Revolving Revolver Outstandings shall not exceed the Aggregate Revolving Commitments, (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus Revolver Commitment in effect at such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Commitmenttime. Within the limits of each Lender’s Revolving the Revolver Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a)2.01, prepay under Section 2.05(a)2.04, and reborrow under this Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein. Upon the satisfaction of each of conditions set forth in Section 4.01, all “Loans” owing to Lender on the Closing Date under and as defined in the Original Credit Agreement shall thereupon constitute Revolving Loans hereunder subject to the terms of this Agreement. The Revolver Commitment may be increased in accordance with the provisions of Section 2.12.

Appears in 1 contract

Samples: Credit Agreement (Heritage-Crystal Clean, Inc.)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Revolving Loan”) in Dollars Loans to the Borrower from time to time, time on any Business Day during the Availability Periodperiod from the Closing Date to the Revolving Commitment Termination Date, in an aggregate amount for all Revolving Loans not to exceed at any time outstanding the amount of such Lender’s Revolving 's Commitment; provided, however, that after giving effect to any Borrowing of Revolving LoansBorrowing, (i) the Total Revolving Outstandings aggregate Outstanding Amount of all Loans and L/C Obligations shall not exceed the Aggregate Revolving Commitments, (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iiiii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage 's Pro Rata Share of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans Obligations shall not exceed such Lender’s Revolving 's Commitment. Within the limits of each Lender’s Revolving 's Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a), prepay under Section 2.05(a)2.06, and reborrow under this Section 2.01(a). Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Assignment and Acceptance Agreement (Enbridge Energy Partners Lp)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a 'Revolving Loan') in Dollars to the Borrower from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving 's Commitment; provided, however, that after giving effect to any Borrowing of Revolving LoansBorrowing, (i) the Total Revolving Outstandings shall not exceed the lesser of (x) the Aggregate Revolving Commitments, or (iiy) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iiiii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s 's Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s 's Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s 's Commitment, and (iii) the aggregate Outstanding Amount of the Revolving CommitmentLoans of all Lenders shall not exceed $30,000,000. Within the limits of each Lender’s Revolving 's Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a)2.01, prepay under Section 2.05(a)2.05, and reborrow under this Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein."

Appears in 1 contract

Samples: Credit Agreement (Covenant Transportation Group Inc)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make revolving loans (each such loan, a “Revolving Loan”) to BioReliance in Dollars to the Borrower or in one or more Alternative Currencies from time to time, time on any Business Day during the Availability Period, Period in an aggregate principal amount not to exceed at any time outstanding the amount of such Lender’s Revolving Commitment, as set forth on Schedule 2.01; provided, however, that after giving effect to any Borrowing of Revolving Loans, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage Pro Rata Share of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving CommitmentCommitment and (iii) the Outstanding Amount of all Revolving Loans denominated in Alternative Currencies shall not exceed the Alternative Currency Sublimit. Within the limits of each Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower BioReliance may borrow under this Section 2.01(a), prepay under Section 2.05(a)2.04, and reborrow under this Section 2.01(a). Revolving Loans may be consist of Base Rate Loans or Eurodollar Rate Eurocurrency Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Bioreliance Corp)

Revolving Loans. Subject to the terms and conditions set forth herein, each Revolving Lender severally agrees to make loans (each such loan, a “Revolving Loan”) in Dollars to the Borrower from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving LoansBorrowing, (i) the Total Revolving Outstandings shall not exceed the Aggregate aggregate amount of the Revolving Commitments, and (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iii) the aggregate Outstanding Amount of the Revolving Loans of any Revolving Lender, plus such Lender’s Applicable Revolving Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Revolving Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Commitment. Within the limits of each Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may may, with respect to Revolving Loans, borrow under this Section 2.01(a)2.01, prepay under Section 2.05(a)2.06, and reborrow under this Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Agree Realty Corp)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans in Dollars (each such loan, a “Revolving Loan”) in Dollars to the Borrower from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such LenderXxxxxx’s Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving LoansRevolver Borrowing, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iiiii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such LenderXxxxxx’s Revolving Commitment. Within the limits of each Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a)2.01, prepay under Section 2.05(a)2.06, and reborrow under this Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate RateTerm SOFR Loans, as further provided herein.

Appears in 1 contract

Samples: Revolving Credit Agreement (TJX Companies Inc /De/)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a "Revolving Loan") in Dollars to the Borrower from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving 's Commitment; provided, however, that after giving effect to any Borrowing of Revolving LoansBorrowing, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iiiii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s 's Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving 's Commitment. Within the limits of each Lender’s Revolving 's Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a)2.1, prepay under Section 2.05(a)2.4, and reborrow under this Section 2.01(a)2.1. Revolving Loans may be Base Rate Loans or Eurodollar Rate LIBOR Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Odyssey Re Holdings Corp)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a "Revolving Loan") in Dollars to the Borrower Borrowers from time to time, time on any Business Day during the Availability Period, Period in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s 's Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving Loans, (i) the Total Revolving Outstandings shall not exceed an amount equal to the lesser of (1) the budgeted amount of Revolving Loan Outstandings as indicated on the November 9, 2006 Cash Flow Forecast delivered to Administrative Agent, as hereafter supplemented or amended from time to time by Cash Flow Forecasts delivered to and approved by Administrative Agent and the Lenders pursuant to Section 7.01(d) hereof and (2) the amount equal to (A) the Aggregate Revolving Commitments, Commitments less (iiB) the Total Facility Outstandings shall not exceed the Borrowing Baseany reserves established by Administrative Agent pursuant to Section 2.01(c), and (iiiii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s 's Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s 's Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Commitment. Within the limits of each Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a), prepay under Section 2.05(a), and reborrow under this Section 2.01(a). Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.'s Revolving

Appears in 1 contract

Samples: Credit Agreement (TRM Corp)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make revolving loans (each such loan, a "Revolving Loan") in Dollars to the Borrower from time to time, time on any Business Day during the Availability Periodperiod from the Closing Date to the Maturity Date, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s 's Revolving Commitment; provided, however, that after giving effect to any Borrowing of Revolving LoansBorrowing, (i) the Total aggregate Outstanding Amount of all Revolving Outstandings Loans, Swing Line Loans and L/C Obligations shall not exceed the Aggregate Revolving Commitments, and (ii) the Total Facility Outstandings shall not exceed the Borrowing Base, and (iii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage 's Pro Rata Share of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage 's Pro Rata Share of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s 's Revolving Commitment. Within the limits of each Lender’s 's Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a)2.01, prepay under Section 2.05(a)2.06, and reborrow under this Section 2.01(a)2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (NCH Corp)

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