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 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 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, prepay under Section 2.05, and reborrow under this Section 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 8 contracts

Sources: Credit Agreement (Lincoln Educational Services Corp), Credit Agreement (Energen Corp), Credit Agreement (Energen 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 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 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, prepay under Section 2.05, and reborrow under this Section 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 5 contracts

Sources: Credit Agreement (Vectren Utility Holdings Inc), Credit Agreement (Vectren Utility Holdings Inc), Escrow Agreement (Vectren 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 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 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, prepay under Section 2.05, and reborrow under this Section 2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, or a combination thereof, as further provided herein, provided, however, all Borrowings made on the Closing Date shall be made as Base Rate Loans.

Appears in 5 contracts

Sources: Credit Agreement (Acadia Healthcare Company, Inc.), Credit Agreement (Acadia Healthcare Company, Inc.), Credit Agreement (Acadia Healthcare Company, 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 Borrower in Dollars 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 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, prepay under Section 2.05, and reborrow under this Section 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 5 contracts

Sources: Credit Agreement (Innerworkings Inc), Credit Agreement (Lincoln Educational Services Corp), Credit Agreement (Nautilus, 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 Borrower in Dollars 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 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, prepay under Section 2.05, and reborrow under this Section 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~~ and provided further that no Loan shall be ~~made as Base Rate Loans~~outstanding for a period of more than 364 consecutive days.

Appears in 5 contracts

Sources: Credit Agreement (Vectren Utility Holdings Inc), Credit Agreement (Vectren Utility Holdings Inc), Credit Agreement (Vectren Utility 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 Borrower in Dollars 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 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, prepay under Section 2.05, and reborrow under this Section 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 5 contracts

Sources: Credit Agreement (ESCO Corp), Credit Agreement (ESCO Corp), Credit Agreement (ESCO Corp)

Revolving Loans. Subject to the terms and conditions set forth herein, (a) each Dollar Lender severally agrees to make ~~loans (each such loan~~Revolving Loans denominated in Dollars, ~~a “Revolving Loan”)~~ ratably in proportion to its Pro Rata Share of the Dollar Commitments, to the ~~Borrower in Dollars~~ Borrower, from time to time ~~on any Business Day~~ during the Availability ~~Period~~ Period, in an aggregate principal amount ~~not to exceed~~ outstanding at any time ~~outstanding the amount of~~ that will not result in (i) 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~~ Dollar Credit Exposure exceeding such Lender’s Dollar Commitment or (ii) the aggregate ~~Outstanding Amount~~ Revolving Dollar Credit Exposure of all Dollar Lenders exceeding the aggregate Dollar Commitments and (b) each Multicurrency Lender severally agrees to make Revolving Loans denominated in Dollars or the Alternative Currency, ratably in proportion to its Pro Rata Share of the ~~Revolving Loans of~~ Multicurrency Commitments, to the Borrower, from time to time during the Availability Period, in an aggregate principal amount outstanding 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~~ time that will not ~~exceed~~ result in (i) such Lender’s Revolving ~~Commitment. Within the limits of each~~ Multicurrency Credit Exposure exceeding such Lender’s Multicurrency Commitment or (ii) the aggregate Revolving ~~Commitment~~Multicurrency Credit Exposure of all Multicurrency Lenders exceeding the aggregate Multicurrency Commitments. During the Availability Period, the Borrower shall be entitled to borrow, prepay and ~~subject to~~ reborrow Revolving Loans in accordance with the ~~other~~ terms and conditions ~~hereof~~of this Agreement; provided, that the Borrower may not borrow ~~under this Section 2.01, prepay under Section 2.05, and~~ or reborrow ~~under this Section 2.01. Revolving Loans may be Base Rate Loans~~ should there exist a Default or ~~Eurodollar Rate Loans, as further provided herein, provided, however, all Borrowings made on the Closing Date shall be made as Base Rate Loans~~Event of Default.

Appears in 5 contracts

Sources: First Lien Credit Agreement (EVO Payments, Inc.), Credit Agreement (EVO Payments, Inc.), Credit Agreement (EVO Payments, Inc.)

Revolving Loans. Subject to the terms and conditions set forth herein, each Revolving Loan Lender severally agrees to make ~~loans (each such loan~~Revolving Loans, ~~a “Revolving Loan”)~~ ratably in proportion to its Pro Rata Share, to the ~~Borrower~~ Borrower, in Dollars or (from and after the Third Amendment Effective Date) in one or more Alternative Currencies from time to time, from time to time ~~on any Business Day~~ during the Availability ~~Period~~ Period, in an aggregate principal amount ~~not to exceed~~ outstanding at any time ~~outstanding the amount of~~ that will not result in (a) such Revolving Loan Lender’s Revolving ~~Commitment; provided, however, that after giving effect to any Borrowing of~~ Credit Exposure exceeding such Revolving Loans, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, and (ii) 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 Loan Lender’s Revolving Commitment, (b) the sum of the aggregate Revolving Credit Exposures of all Revolving Loan Lenders exceeding the Aggregate Revolving Commitment Amount or (c) the sum of the aggregate Revolving Credit Exposures of all Lenders denominated in Alternative Currencies exceeding the Alternative Currency Sublimit. During the Availability Period, the Borrower shall be entitled to borrow, prepay and ~~subject to~~ reborrow Revolving Loans in accordance with the ~~other~~ terms and conditions ~~hereof~~of this Agreement; provided, that the Borrower may not borrow ~~under~~ or reborrow should there exist a Default or Event of Default or should any of the conditions set forth in Section 3.2 not be satisfied or waived as provided in this Section 2.01, prepay under Section 2.05, and reborrow under this Section 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 LoansAgreement.

Appears in 4 contracts

Sources: Revolving Credit and Term Loan Agreement (Strategic Education, Inc.), Revolving Credit and Term Loan Agreement (Strategic Education, Inc.), Revolving Credit and Term Loan Agreement (Strategic Education, Inc.)

Revolving Loans. Subject to the terms and conditions set forth herein, each Revolving Lender severally agrees to ~~make loans (each such loan~~make, ~~a “~~convert and continue Revolving ~~Loan”)~~ Loans 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 Credit Commitment; provided, however, that after giving effect to any ~~Borrowing of~~ Revolving ~~Loans~~Borrowing, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Credit Commitments, and (ii) the aggregate Outstanding Amount of the Revolving Loans of any Revolving Lender, plus such Lender’s ~~Applicable Percentage~~ Pro Rata Revolving Share of the Outstanding Amount of all L/C - BA Obligations, plus such Lender’s ~~Applicable Percentage~~ Pro Rata Revolving Share of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Credit Commitment. Within the limits of each Revolving Lender’s Revolving Credit Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section ~~2.01~~2.02, prepay under Section ~~2.05~~2.06, and reborrow under this Section ~~2.01~~2.02. 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 4 contracts

Sources: Credit Agreement (Mueller Group, Inc.), Credit Agreement (Walter Industries Inc /New/), Credit Agreement (Mueller Water Products, Inc.)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make certain revolving loans (each such revolving loan, a “Revolving Loan”) 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 Loan Commitment; provided, however, that after giving effect to any Borrowing of a Revolving ~~Loans~~Loan, (i) the Total Revolving Loan Outstandings shall not exceed the Aggregate Revolving Loan Commitments, and (ii) the aggregate Outstanding Revolving Loan Amount of ~~the~~ all Revolving Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Revolving Loan 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 may borrow under this Section ~~2.01~~2.01(b), prepay under Section ~~2.05~~2.04, and reborrow under this Section ~~2.01~~2.01(b). The Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided ~~herein, provided, however, all Borrowings made on~~ herein and the ~~Closing Date~~ Borrower shall ~~be made as Base Rate Loans~~execute and deliver a Revolving Note to each Lender.

Appears in 3 contracts

Sources: Credit Agreement (Mistras Group, Inc.), Credit Agreement (Mistras Group, Inc.), Credit Agreement (Mistras 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”") to the Borrower in Dollars 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,~~ Commitments and (ii) 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, 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, prepay under Section ~~2.05,~~ 2.05 and reborrow under this Section 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 3 contracts

Sources: Credit Agreement (Petro Stopping Centers L P), Credit Agreement (Petro Stopping Centers Holdings Lp), Credit Agreement (Petro 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 Borrower in Dollars 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 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, prepay under Section 2.05, and reborrow under this Section 2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, or a combination thereof, as further provided herein, provided, however, all Borrowings made on the Closing Date shall be made as Base Rate Loans.

Appears in 3 contracts

Sources: Credit Agreement (Acadia Healthcare Company, Inc.), Credit Agreement (Acadia Healthcare Company, Inc.), Credit Agreement (Acadia Healthcare Company, 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 Borrower in Dollars 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 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, prepay under Section 2.05, and reborrow under this Section 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 3 contracts

Sources: Credit Agreement (School Specialty Inc), Credit Agreement (School Specialty Inc), Credit Agreement (School Specialty 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 Borrower in Dollars 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 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, prepay under Section 2.05, and reborrow under this Section 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 3 contracts

Sources: Credit Agreement (Dycom Industries Inc), Credit Agreement (Dycom Industries Inc), Credit Agreement (Dycom 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”") to the Borrower in Dollars 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 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, prepay under Section 2.05, and reborrow under this Section 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 2 contracts

Sources: Credit Agreement (Per Se Technologies Inc), Credit Agreement (Teledyne Technologies 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 Borrower in Dollars 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 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,~~ 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, prepay under Section 2.05, and reborrow under this Section 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 2 contracts

Sources: Credit Agreement (Prometheus Laboratories Inc), Credit Agreement (Prometheus Laboratories 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~~ Borrower in Dollars 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 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~~2.01.1, prepay under Section 2.05, and reborrow under this Section ~~2.01~~2.01.1. 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 2 contracts

Sources: Credit Agreement (Perini Corp), Credit Agreement (Perini 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~~ 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~~Borrowing, (i) the Total ~~Revolving~~ Outstandings shall not exceed the lesser of (a) the Aggregate ~~Revolving Commitments~~Commitments and (b) the Borrowing Base, and (ii) 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~~ the Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay under Section 2.05, and reborrow under this Section 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 2 contracts

Sources: Credit Agreement (Chaparral Steel CO), Credit Agreement (Chaparral Steel 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”) to the Borrower in Dollars 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 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, prepay under Section 2.05, and reborrow under this Section 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 2 contracts

Sources: Credit Agreement (Teledyne Technologies Inc), Credit Agreement (Teledyne Technologies 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~~ 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~~ Revolver Outstandings shall not exceed the Aggregate Revolving Commitments, and (ii) 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 Revolving Lender’s ~~Revolving~~ Commitment, and subject to the other terms and conditions hereof, ~~the~~ Borrower may borrow under this Section 2.01, prepay under Section ~~2.05~~2.04, and reborrow under this Section 2.01. Revolving Loans may be Base Rate Loans or ~~Eurodollar~~ LIBOR Rate Loans, as further provided herein~~, provided, however, all Borrowings made on the Closing Date shall be made as Base Rate Loans~~.

Appears in 2 contracts

Sources: Credit Agreement (Hooker Furniture Corp), Credit Agreement (Hooker Furniture 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 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 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, prepay under Section 2.05, and reborrow under this Section 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 2 contracts

Sources: Credit Agreement (L 3 Communications Holdings Inc), Credit Agreement (L 3 Communications 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”) to ~~the~~ Borrower in Dollars 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 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~~2.01.1, prepay under Section 2.05, and reborrow under this Section ~~2.01~~2.01.1. 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 2 contracts

Sources: Credit Agreement (TUTOR PERINI Corp), Credit Agreement (TUTOR PERINI 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 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,~~ Commitments and (ii) 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, prepay under Section 2.05, and reborrow under this Section 2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein, provided, however, all Borrowings of Revolving Loans made on the Closing Date shall be made as Base Rate Loans.

Appears in 2 contracts

Sources: Credit Agreement (Fti Consulting Inc), Credit Agreement (Fti Consulting Inc)

Revolving Loans. Subject to the terms and conditions set forth herein, each Revolving Lender severally agrees to ~~make loans (each such loan~~make, ~~a “~~convert and continue Revolving ~~Loan”)~~ Loans to the ~~Borrower in Dollars from time to time~~ Borrowers 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 Credit Commitment; provided, however, that after giving effect to any ~~Borrowing of~~ Revolving ~~Loans~~Borrowing, (i) the Total ~~Revolving~~ Outstandings shall not exceed the ~~Aggregate Revolving Commitments~~Loan Cap (excluding any applicable L/C Reserve), and (ii) 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 Revolving Lender’s Revolving Credit Commitment, and subject to the other terms and conditions hereof, the ~~Borrower~~ Borrowers may borrow under this Section ~~2.01~~2.02, prepay under Section ~~2.05~~2.06, and reborrow under this Section ~~2.01~~2.02. 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 2 contracts

Sources: Credit Agreement (Mueller Water Products, Inc.), 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” and collectively, the “Revolving Loans”) to the Borrower ~~in Dollars~~ from time to time ~~on any Business Day~~ during the Revolving Loan Availability Period in an aggregate principal amount that will not to exceed at any time outstanding the amount of such Lender’s Revolving Commitment; ~~provided, however,~~ provided 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 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 ~~hereof~~set forth herein, the Borrower may ~~borrow under this Section 2.01~~borrow, prepay ~~under Section 2.05,~~ and reborrow ~~under this Section 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 2 contracts

Sources: Credit Agreement (Sherwin Williams Co), Credit Agreement (Sherwin Williams 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”) to the Borrower in Dollars from time to time on any Business Day during the Availability 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 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~~2.01(a), prepay under Section 2.05, and reborrow under this Section 2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, or a combination thereof, as further provided herein~~, provided, however, all Borrowings made on the Closing Date shall be made as Base Rate Loans~~.

Appears in 2 contracts

Sources: Credit Agreement (Caci International Inc /De/), 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”) to the ~~Borrower~~ Borrowers (other than the Canadian 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 Loans, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, and (ii) 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, ~~prepay~~ prepaid under Section ~~2.05~~2.06, and ~~reborrow~~ reborrowed under this Section 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 2 contracts

Sources: 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~~Revolving Loans, ~~a “Revolving Loan”)~~ ratably in proportion to its Pro Rata Share, to the ~~Borrower in Dollars~~ Borrower, from time to time ~~on any Business Day~~ during the Availability ~~Period~~ Period, in an aggregate principal amount ~~not to exceed~~ outstanding at any time ~~outstanding~~ (determined in the ~~amount~~ case of any Revolving Loan denominated in an Available Foreign Currency by reference to the Dollar Equivalent thereof on such Business Day) that will not result in (a) 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 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 Credit Exposure exceeding such Lender’s Revolving ~~Commitment~~Commitment or (b) the sum of the aggregate Revolving Credit Exposures of all Lenders exceeding the Aggregate Revolving Commitment Amount. ~~Within~~ During the ~~limits of each Lender’s~~ Availability Period, the Borrower shall be entitled to borrow, prepay and reborrow Revolving ~~Commitment, and subject to~~ Loans in accordance with the ~~other~~ terms and conditions ~~hereof~~of this Agreement; provided, that the Borrower may not borrow ~~under this Section 2.01, prepay under Section 2.05, and~~ or reborrow ~~under this Section 2.01~~should there exist a Default or Event of Default. Funding of any 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~~ in any combination of Dollars or an Available Foreign Currency as ~~Base Rate Loans~~specified by the Borrower as set forth in Section 2.3; provided that the Dollar Equivalent amount of outstanding Revolving Loans funded in an Available Foreign Currency determined from time to time by the Administrative Agent in its discretion shall not at any time exceed the Foreign Currency Sublimit then in effect.

Appears in 2 contracts

Sources: Revolving Credit Agreement (Watson Wyatt & Co Holdings), Revolving Credit Agreement (Watson Wyatt & Co Holdings)

Revolving Loans. Subject to the terms and conditions set forth herein, each Revolving Lender severally (and neither jointly nor jointly and severally) agrees to make loans to the Borrower Representative on behalf of the Borrowers (each such ~~loan,~~ loan a “Revolving Loan”) ~~to the Borrower~~ in Dollars 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~~, that after giving effect to any Borrowing of Revolving Loans, (i) the ~~Total~~ total Revolving ~~Outstandings~~ Exposure of all Revolving Lenders shall not exceed the ~~Aggregate~~ total Revolving ~~Commitments~~Commitments of all Revolving Lenders, ~~and~~ (ii) the ~~aggregate Outstanding Amount~~ Revolving Exposure of ~~the~~ each 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 Revolving Lender’s Revolving Commitment, and (iii) the total Revolving Exposure of all Revolving Lenders to be used for working capital, to make Capital Expenditures, and for other general corporate purposes (other than Permitted Acquisitions and fees and transaction costs associated with Permitted Acquisitions) shall not exceed $25,000,000. Within the limits of each Revolving Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower Representative on behalf of the Borrowers may borrow under this Section ~~2.01~~2.01(a), prepay under Section 2.05, and ~~reborrow~~ re-borrow under this Section ~~2.01~~2.01(a). The Revolving Loans may be Base Rate Loans or ~~Eurodollar Rate~~ LIBOR Loans, as further provided herein~~, provided, however, all Borrowings~~ . No Borrowing of Revolving Loans shall be made on the Closing ~~Date shall be made as Base Rate Loans~~Date.

Appears in 2 contracts

Sources: Credit and Guaranty Agreement (AdaptHealth Corp.), Credit and Guaranty Agreement (AdaptHealth 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 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 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,~~ 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, prepay under Section 2.05, and reborrow under this Section 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 2 contracts

Sources: Credit Agreement (Prometheus Laboratories Inc), Credit Agreement (Prometheus Laboratories 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 Borrower in Dollars 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 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, prepay under Section 2.05, and reborrow under this Section 2.01. Revolving Loans may be consist of Base Rate Loans or Eurodollar Rate ~~Loans~~Loans or a combination thereof, as further provided herein~~, provided, however, all~~ . All Borrowings made on the Closing Date shall be made as Base Rate Loans.

Appears in 2 contracts

Sources: Credit Agreement (Intl Fcstone Inc.), Credit Agreement (Intl Fcstone Inc.)

Appears in 1 contract

Sources: Credit Agreement (HealthSpring, 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 Borrower in Dollars 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 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, prepay under Section 2.05, and reborrow under this Section 2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein, provided, however, that all Borrowings made on the Closing Date shall be made as Base Rate Loans.

Appears in 1 contract

Sources: Credit Agreement (Joy Global 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”~~"REVOLVING LOAN") to the Borrower in Dollars 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~~PROVIDED, ~~however~~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 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~~ 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~~ SECTION 2.01, prepay under ~~Section~~ SECTION 2.05, and reborrow under this ~~Section~~ SECTION 2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein, ~~provided~~PROVIDED, ~~however~~HOWEVER, all Borrowings made on the Closing Date shall be made as Base Rate Loans.

Appears in 1 contract

Sources: Credit Agreement (Medianews Group 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 ~~Borrower~~ Borrowers, 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 Loans, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, ~~and~~ (ii) the ~~aggregate Outstanding Amount of the~~ Revolving ~~Loans~~ Credit Exposure 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, and (iii) the aggregate Outstanding Amount of all Loans denominated in Alternative Currencies shall not exceed the Alternative Currency Sublimit. Within the limits of each Revolving Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the ~~Borrower~~ Borrowers may borrow Revolving Loans under this Section ~~2.01~~2.01(b), prepay Revolving Loans under Section 2.05, and reborrow under this Section ~~2.01~~2.01(b). Revolving Loans may be Base Rate Loans, Eurocurrency Rate Loans, Alternative Currency Daily Rate Loans or ~~Eurodollar~~ Alternative Currency Term Rate Loans, or a combination thereof, as further provided herein, ; provided, however, all Borrowings of Revolving Loans made on the Closing Date or any of the three (3) Business Days following the Closing Date shall be made as Base Rate ~~Loans~~Loans unless the Borrowers deliver a funding indemnity letter, in form and substance satisfactory to the Administrative Agent, to the Administrative Agent not less than three (3) Business Days prior to the date of such Borrowings.

Appears in 1 contract

Sources: Credit Agreement (Enpro 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”)~~ Loans 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 's Revolving Credit Commitment; provided, however, that after giving effect to any ~~Borrowing of~~ Revolving ~~Loans~~Borrowing, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Credit Commitments, and (ii) 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 Revolving Lender’s 's Applicable Revolving Credit Percentage of the Outstanding Amount of all Swing Line 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~~2.02, prepay under Section ~~2.05~~2.06, and reborrow under this Section ~~2.01~~2.02. 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

Sources: Credit Agreement (Infocrossing 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 ~~Borrower~~ Borrowers in Dollars 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, 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 aggregate Outstanding Amount of the Revolving Loans of any ~~Lender,~~ Revolving Lender plus such Revolving 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 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~~ Borrowers may borrow under this Section 2.01, prepay under Section ~~2.05~~2.04, and reborrow under this Section 2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein, ; provided, however, all Borrowings of Revolving Loans made on the Closing Date shall be made as Base Rate ~~Loans~~Loans unless the Administrative Agent shall have received an appropriate funding indemnity letter executed by the Borrowers and reasonably acceptable to the Administrative Agent at least three (3) Business Days prior to the Closing Date.

Appears in 1 contract

Sources: Credit Agreement (Fortress Investment Group Holdings LLC)

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 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 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, prepay under Section 2.05, and reborrow under this Section 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

Sources: Credit Agreement (Perini 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”)~~ Loans 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~~ that Revolving Lender’s Revolving Commitment; provided, ~~however,~~ that after giving effect to any ~~Borrowing of Revolving Loans~~Borrowing, (i) the ~~Total~~ Aggregate Revolving Outstandings shall not exceed the Aggregate Revolving ~~Commitments~~Commitments minus the Reserve Amount, and (ii) the aggregate Outstanding Amount of the Revolving Loans of any Revolving Lender, plus ~~such~~ that Revolving Lender’s ~~Applicable~~ Revolving Percentage of the Outstanding Amount of all L/C Obligations, plus ~~such~~ that Revolving Lender’s ~~Applicable~~ Revolving Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed ~~such~~ that 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, prepay under Section ~~2.05~~2.06, and reborrow under this Section 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

Sources: Credit Agreement (Herbst Gaming 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 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 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~~ 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, prepay under Section ~~2.05~~2.05(a), and reborrow under this Section 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

Sources: 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”) to the ~~Borrower~~ Borrowers 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 Loans, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, and (ii) 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~~ Borrowers may borrow under this Section 2.01, prepay under Section 2.05, and reborrow under this Section 2.01. Revolving Loans may be Base Rate Loans or ~~Eurodollar~~ Eurocurrency Rate Loans, as further provided herein, ; provided, ~~however,~~ that all ~~Borrowings made on the Closing Date~~ Loans to ▇▇▇▇▇ Finance Luxembourg and ▇▇▇▇▇ SARL that are denominated in Dollars shall be ~~made as Base~~ Eurocurrency Rate Loans.

Appears in 1 contract

Sources: 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”) 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~~Borrowing, (i) the Total ~~Revolving~~ Outstandings shall not exceed the Aggregate ~~Revolving~~ Commitments, and (ii) 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~~Obligations (giving effect to any adjustments therein effected under the last sentence of the definition of “Applicable Percentage”), plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans (giving effect to any adjustments therein effected under the last sentence of the definition of “Applicable Percentage”) 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, prepay under Section 2.05, and reborrow under this Section 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

Sources: Credit Agreement (Hill 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”) to the ~~Borrower~~ Company in Dollars 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 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,~~ 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~~ Company may borrow under this Section ~~2.01~~2.1, prepay under Section ~~2.05~~6.2, and reborrow under this Section ~~2.01~~2.1. Revolving Loans may be Base Rate Loans or ~~Eurodollar Rate~~ LIBOR Loans, as further provided herein. For the avoidance of doubt, ~~provided, however, all Borrowings made~~ it is understood and agreed that any Revolving Loans outstanding on the ~~Closing Date~~ Restatement Date, to the extent not repaid on the Restatement Date, shall be ~~made as Base Rate~~ deemed to be “Revolving Loans” outstanding hereunder.

Appears in 1 contract

Sources: Credit Agreement (SP Plus 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 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 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, prepay under Section 2.05, and reborrow under this Section 2.01. Revolving Loans may be consist of Base Rate Loans or ~~Eurodollar Rate Loans~~Term SOFR Loans or a combination thereof, as further provided herein~~, provided, however, all~~ . All Borrowings made on the Closing Date shall be made as Base Rate Loans.

Appears in 1 contract

Sources: Credit Agreement (StoneX 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”) to the Borrower in Dollars 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 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,~~ 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, prepay under Section 2.05, and reborrow under this Section 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

Sources: Credit Agreement (Online Resources Corp)

Revolving Loans. Subject to and in reliance upon the ~~terms~~ terms, conditions, representations, and ~~conditions set forth herein~~warranties in the Loan Documents, each Lender ~~severally~~ severally, but not jointly, agrees to make revolving loans (each such ~~loan,~~ Loan a ~~“Revolving Loan”~~"REVOLVING LOAN") to ~~the~~ Borrower ~~in Dollars~~ from time to time on any Business Day during the ~~Availability Period~~ period from the Conditions Effective Date to the Maturity Date, in an aggregate amount not to exceed at any time outstanding the lesser of (i) the amount of such Lender’s 's Pro Rata Share of one or more Revolving ~~Commitment; provided~~Loan Borrowings not to exceed, ~~however, that after giving effect to any Borrowing of Revolving Loans, (i)~~ when aggregated with the ~~Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, and (ii) 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~~ 's Revolving Commitment and (ii) such Lender's Pro Rata Share of the ~~Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s~~ Borrowing Base. Revolving ~~Commitment. Within~~ Loan Borrowings may be repaid and reborrowed from time to time in accordance with the ~~limits of each Lender’s Revolving Commitment, and subject to the other~~ terms and ~~conditions hereof~~provisions of the Loan Documents; PROVIDED THAT, each such Revolving Loan Borrowing must occur on a Business Day and no later than the ~~Borrower may borrow under this Section 2.01, prepay under Section 2.05, and reborrow under this Section 2.01~~Business Day immediately preceding the Maturity Date. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein; PROVIDED, ~~provided, however~~HOWEVER, all Revolving Loan Borrowings made on the ~~Closing~~ Conditions Effective Date shall be made as Base Rate Loans.

Appears in 1 contract

Sources: Credit Agreement (Allis Chalmers Energy 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 Borrower in Dollars 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 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,~~ 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, prepay under Section 2.05, and reborrow under this Section 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

Sources: Credit Agreement (Medassets 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 Borrower in Dollars 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,~~ Commitments and (ii) 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, 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, prepay under Section ~~2.05~~2.04, and reborrow under this Section 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

Sources: Credit Agreement (Serologicals 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~~ Borrowers 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 Loans, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, and (ii) 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~~ Borrowers may borrow under this Section 2.01, prepay under Section 2.05, and reborrow under this Section 2.01. Revolving Loans may be Base Rate Loans or, Eurocurrency Rate Loans or ~~Eurodollar Rate~~ RFR Loans, as further provided herein, ; provided, ~~however,~~ that all ~~Borrowings made on the Closing Date~~ Loans to ▇▇▇▇▇ Finance Luxembourg and ▇▇▇▇▇ SARL that are denominated in Dollars shall be ~~made as Base~~ Eurocurrency Rate Loans.

Appears in 1 contract

Sources: Credit Agreement (Brady 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”) to the Borrower in Dollars 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 aggregate Outstanding Amount of the Revolving Loans of any ~~Lender,~~ Revolving Lender plus such Revolving 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 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, prepay under Section ~~2.05~~2.04, and reborrow under this Section 2.01. All Revolving Loans made on the Closing Date shall be Base Rate Loans. Thereafter, 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

Sources: Credit Agreement (Fortress Investment Group LLC)

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 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 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~~2.01(a), prepay under Section 2.05, and reborrow under this Section ~~2.01~~2.01(a). 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

Sources: Credit Agreement (Renal Care Group 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 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~~ that Revolving Lender’s Revolving Commitment; provided, ~~however,~~ that after giving effect to any ~~Borrowing of Revolving Loans~~Borrowing, (i) the ~~Total~~ Aggregate Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, and (ii) the aggregate Outstanding Amount of the Revolving Loans of any Revolving Lender, plus ~~such~~ that Revolving Lender’s ~~Applicable~~ Revolving Percentage of the Outstanding Amount of all L/C Obligations, plus ~~such~~ that Revolving Lender’s ~~Applicable~~ Revolving Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed ~~such Lender~~that ▇▇▇▇▇▇’s Revolving Commitment. Within the limits of each ~~Lender~~Revolving ▇▇▇▇▇▇’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay under Section ~~2.05~~2.06, and reborrow under this Section 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

Sources: Credit Agreement (Aztar 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 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 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, prepay under Section 2.05, and reborrow under this Section 2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein, provided, however, all Borrowings of Revolving Loans made on the Closing Date shall be made as Base Rate Loans.

Appears in 1 contract

Sources: Credit Agreement (Fti 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”) to the Borrower in Dollars 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 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,~~ 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, prepay under Section 2.05, and reborrow under this Section 2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, or a combination thereof, as further provided herein~~, provided, however, all Borrowings made on the Closing Date shall be made as Base Rate Loans~~.

Appears in 1 contract

Sources: Credit Agreement (Lifelock, 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 Borrower in Dollars 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 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 CHAR1\1030852v8 Section ~~2.01~~2.01(a), prepay under Section 2.05, and reborrow under this Section ~~2.01~~2.01(a). 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

Sources: Credit Agreement (Joy Global Inc)

Revolving Loans. The Existing Lenders made one or more advances to the Borrower prior to the Closing Date in accordance with the terms of the Existing Credit Agreement (each such loan, to the extent outstanding on the Closing Date, an “Existing Revolving Loan”). Subject to the terms and conditions set forth herein, each Lender severally and not jointly agrees to make loans (each such loan, together with each such Existing Revolving Loan prior to the repayment thereof, a “Revolving Loan”) 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~~Borrowing, (i) the Total ~~Revolving~~ Outstandings shall not exceed the Aggregate ~~Revolving~~ Commitments, and (ii) 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 (as the same may be adjusted pursuant to Section 2.16(a)(iv)) 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, prepay under Section ~~2.05~~2.04, and reborrow under this Section 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

Sources: Credit Agreement (Retail Opportunity Investments Corp)

Revolving Loans. Subject to and in reliance upon the ~~terms~~ terms, conditions, representations, and ~~conditions set forth herein~~warranties in the Loan Documents, each Lender ~~severally~~ severally, but not jointly, agrees (i) to make revolving loans (each such ~~loan,~~ Loan a “Revolving Loan”) to ~~the~~ Borrower ~~in Dollars~~ from time to time on any Business Day during the ~~Availability Period~~ period from the Conditions Effective Date to the Revolving Credit Termination Date, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s ~~Revolving Commitment; provided~~Pro Rata Share of one or more Borrowings not to exceed, ~~however~~when aggregated with the Outstanding Amount of the L/C Obligations, ~~that after giving effect to any Borrowing of Revolving Loans, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments,~~ such Lender’s Commitment and (ii) to convert the ~~aggregate Outstanding Amount~~ Revolver Principal Debt remaining outstanding on the Revolving Credit Termination Date to Term Loans pursuant to and in accordance with Section 2.16. Borrowings may be repaid and reborrowed from time to time in accordance with the terms and provisions of the Loan Documents; provided that, each such Borrowing must occur on a Business Day and no later than the Business Day immediately preceding the Revolving ~~Loans of~~ Credit Termination Date. No Lender shall be obligated to make any ~~Lender, plus such Lender’s Applicable Percentage of~~ Revolving Loan if the Outstanding Amount of all L/C ~~Obligations, plus~~ Obligations and all Loans would exceed the lesser of (i) the Borrowing Base and (ii) the Aggregate Commitment (as 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, prepay under Section 2.05, and reborrow under this Section 2.01. Revolving Loans Aggregate Commitment may be ~~Base Rate Loans or Eurodollar Rate Loans,~~ capped as ~~further~~ provided ~~herein, provided, however, all Borrowings made on~~ in the ~~Closing Date shall be made as Base Rate Loans~~definition of “Commitment”).

Appears in 1 contract

Sources: Credit Agreement (Markwest Hydrocarbon Inc)

Revolving Loans. Subject solely to the terms and conditions set forth herein, each Revolving Lender severally agrees to make loans (each such loan, a “Revolving Loan”) to the ~~Borrower~~ Company in Dollars or in one or more Alternative Currencies from time to time on any Business #95537764v15AMERICAS/2023466857.21 #96465179v1 Day during the Availability Period for the Revolving Facility 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) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, ~~and~~ (ii) the aggregate Outstanding Amount of the Revolving Loans of any Revolving Lender, plus such Revolving Lender’s Applicable Revolving Percentage of multiplied by the Outstanding Amount of all L/C Obligations, ~~plus~~ shall not exceed such Revolving Lender’s ~~Applicable Percentage of~~ Revolving Commitment and (iii) the Outstanding Amount of all ~~Swing Line~~ Revolving Loans denominated in Alternative Currencies shall not exceed ~~such Lender’s Revolving Commitment~~the Alternative Currency Sublimit. Within the limits of each ~~Lender~~Revolving ▇▇▇▇▇▇’s Revolving Commitment, and subject to the other terms and conditions hereof, the ~~Borrower~~ Company may borrow under this Section ~~2.01~~2.01(a), prepay under Section 2.05, and reborrow under this Section ~~2.01~~2.01(a). Revolving Loans may be Base Rate Loans or, Eurocurrency Rate Loans, ▇▇▇▇▇ Loans or ~~Eurodollar Rate~~ SOFR 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

Sources: Revolving Facility Amendment to Credit Agreement (SS&C Technologies Holdings Inc)

Revolving Loans. Subject to the terms and conditions ~~set forth herein~~hereof, each Lender severally ~~agrees~~ agrees, on the terms and conditions hereinafter set forth, to make revolving credit loans in Dollars (~~each such loan, a “~~"Revolving ~~Loan”~~Loans") to the ~~Borrower in Dollars~~ Company, from time to time ~~on any Business Day~~ during the ~~Availability~~ Commitment Period in an aggregate principal amount at any one time outstanding not to exceed ~~at any time outstanding~~ the amount of such Lender’s 's Pro Rata Share of ONE HUNDRED TWENTY-FIVE MILLION DOLLARS ($125,000,000) (as such amount may be reduced pursuant to this Agreement, the "Revolving ~~Commitment~~Committed Amount"); ~~provided~~provided that with regard to each individual Lender, ~~however, that after giving effect to any Borrowing~~ the principal amount of ~~Revolving Loans, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, and (ii) the aggregate Outstanding Amount~~ such Lender's Pro Rata Share of ~~the~~ outstanding Revolving Loans ~~of any Lender,~~ plus such Lender~~’s Applicable Percentage~~ 's Pro Rata Share of ~~the Outstanding Amount of all L/C Obligations,~~ outstanding Swingline Loans plus such Lender~~’s Applicable Percentage~~ 's Pro Rata Share of ~~the Outstanding Amount of all Swing Line Loans~~ LOC Obligations outstanding shall not exceed such Lender’s 's Revolving Commitment. ~~Within~~ During the ~~limits of each Lender’s~~ Commitment Period the Company may use the Revolving ~~Commitment~~Committed Amount by borrowing, prepaying the Revolving Loans in whole or in part, and ~~subject to~~ reborrowing, all in accordance with the ~~other~~ terms and conditions hereof, ; provided that in no event shall the ~~Borrower may borrow under this Section 2.01, prepay under Section 2.05, and reborrow under this Section 2.01.~~ aggregate principal amount of outstanding Revolving Loans ~~may~~ plus the aggregate principal amount of outstanding Swingline Loans plus all LOC Obligations outstanding at any one time outstanding exceed the Revolving Committed Amount. There shall be ~~Base Rate~~ no Revolving Loans ~~or Eurodollar Rate Loans, as further provided herein, provided, however, all Borrowings made~~ outstanding on the Closing ~~Date shall be made as Base Rate Loans~~Date.

Appears in 1 contract

Sources: Credit Agreement (Hercules 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 ~~Borrower in Dollars~~ 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 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, and (ii) 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~~ Borrowers may borrow under this Section 2.01, prepay under Section 2.05, and reborrow under this Section 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

Sources: Credit Agreement (Longview Fibre 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”) to the Borrower in Dollars from time to time on any Business Day during the Availability 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 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~~2.01(a), prepay under Section 2.05, and reborrow under this Section 2.01. Revolving Loans may be Base Rate Loans or ~~Eurodollar Rate~~ Term SOFR Loans, or a combination thereof, as further provided herein~~, provided, however, all Borrowings made on the Closing Date shall be made as Base Rate Loans~~.

Appears in 1 contract

Sources: 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”) to the Borrower in Dollars 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 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, prepay under Section 2.05, and reborrow under this Section 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

Sources: Credit Agreement (Brookdale Senior Living 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 ~~Borrower in Dollars~~ 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 ~~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 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, prepay under Section 2.05, and reborrow under this Section 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

Sources: Credit Agreement (Longview Fibre 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”) to the Borrower in Dollars from time to time on any Business Day during the Availability 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 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~~2.01(a), prepay under Section 2.05, and reborrow under this Section 2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, or a combination thereof, as further provided herein, provided, however, ~~all Borrowings~~ any Borrowing made on the Closing Date ~~shall be made~~ may consist of Eurodollar Rate Loans only if (A) such Borrowing complies with the requirements of Section 2.02(a) and (B) the Borrower delivers to the Administrative Agent a letter agreement, in form and substance reasonably satisfactory to the Administrative Agent, executed by a Responsible Officer of the Borrower, that provides an indemnity for such Borrowing on substantially the same terms as ~~Base Rate Loans~~Section 3.05.

Appears in 1 contract

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

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”") to the ~~Borrower in Dollars~~ 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 Revolving Loan Lender’s 's Revolving Loan Commitment; ~~provided, however,~~ provided that after giving effect to any ~~Borrowing of~~ Revolving ~~Loans~~Loan Borrowing, ~~(i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, and (ii)~~ 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 Loan Commitment. Within the limits of each Lender’s 's Revolving Loan Commitment, and subject to the other terms and conditions hereof, the ~~Borrower~~ Borrowers may borrow under this Section ~~2.01~~2.01(b), prepay under Section 2.05, and reborrow under this Section ~~2.01~~2.01(b). 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

Sources: Credit Agreement (Emergency Medical Services 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 in Dollars~~ 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 Revolving Loan Lender’s Revolving Loan Commitment; ~~provided, however,~~ provided that after giving effect to any ~~Borrowing of~~ Revolving ~~Loans~~Loan Borrowing, ~~(i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, and (ii)~~ 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~~ Borrowers may borrow under this Section ~~2.01~~2.01(b), prepay under Section 2.05, and reborrow under this Section ~~2.01~~2.01(b). 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

Sources: Credit Agreement (Emergency Medical Services CORP)

Revolving Loans. ~~Subject~~ During the Commitment Period, subject to the terms and conditions ~~set forth herein~~hereof, each Lender severally agrees to make revolving credit loans (~~each such loan, a “~~the "Revolving ~~Loan”~~Loans") to the Borrower ~~in Dollars~~ 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~~Commitment Percentage of each such Revolving Loan for the purposes hereinafter set forth; ~~provided, however,~~ provided that ~~after giving effect to any Borrowing of Revolving Loans,~~ (i) with regard to the ~~Total Revolving Outstandings~~ Lenders collectively, the aggregate principal amount of Obligations outstanding at any time shall not exceed the Aggregate ~~Revolving Commitments~~Commitment at such time, (ii) with regard to the Lenders collectively, the aggregate principal amount of the Obligations (excluding from the calculation thereof all commercial Letters of Credit prior to acceptance of a draft or creation of a deferred payment obligation relating thereto) plus all other Consolidated Senior Funded Debt of the Borrower and its Subsidiaries (other than Consolidated Senior Funded Debt that is expressly subordinate in right of payment to the Obligations pursuant to terms acceptable to the Administrative Agent) outstanding at any time shall not exceed the Borrowing Base based upon the Borrowing Base Certificate most recently delivered pursuant to Section 6.2(iv), and (iiiii) ~~the aggregate Outstanding Amount of the Revolving Loans of any Lender~~with regard to each Lender individually, ~~plus~~ such Lender~~’s Applicable~~ 's Revolving Commitment 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 outstanding at any time shall not exceed such Lender’s '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, prepay under Section 2.05, and reborrow under this Section 2.01. The 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~~ evidenced by the Revolving Notes and shall be repaid as ~~Base Rate Loans~~provided by the terms of Section 2.1.2.

Appears in 1 contract

Sources: Credit Agreement (Brown Shoe Co 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 Borrower in Dollars from time to time on any Business Day during the Availability 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 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~~2.01(a), prepay under Section 2.05, and reborrow under this Section 2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, or a combination thereof, as further provided herein~~, provided, however, all Borrowings made on the Closing Date shall be made as Base Rate Loans~~.

Appears in 1 contract

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

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 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~~ that Lender’s Revolving Commitment; , provided~~, however~~, that after giving effect to any ~~Borrowing of Revolving Loans,~~ Borrowing: (i) the ~~Total~~ Aggregate Revolving Outstandings shall not exceed the Aggregate Revolving Commitments~~, and~~ ; and (ii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus ~~such~~ that Lender’s ~~Applicable~~ Revolving Percentage of the Outstanding Amount of all L/C Obligations, plus ~~such~~ that Lender’s ~~Applicable~~ Revolving Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed ~~such~~ that 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, prepay under Section ~~2.05~~2.07, and reborrow under this Section 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

Sources: Credit Agreement (Herbst Gaming 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 Borrower in Dollars 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 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,~~ Lender 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 Outstanding Amount of Revolving Loans of any Swing Line Lender plus the aggregate Outstanding Amount of Swing Line Loans made by such Swing Line Lender shall not exceed such Swing Line Lender’s 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, prepay under Section 2.05, and reborrow under this Section 2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, or a combination thereof, as further provided herein, provided, however, all Borrowings made on the Closing Date shall be made as Base Rate Loans, unless a funding indemnity letter in form and substance reasonably satisfactory to the Administrative Agent is received at least three Business Days prior to the Closing Date (along with the applicable Loan Notice).

Appears in 1 contract

Sources: Credit Agreement (Raymond James Financial 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 Borrower in Dollars 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 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, prepay under Section 2.05, and reborrow under this Section 2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, or a combination thereof, as further provided herein~~, provided, however, all Borrowings made on the Closing Date shall be made as Base Rate Loans~~.

Appears in 1 contract

Sources: Credit Agreement (Websense 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 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~~ that Revolving Lender’s Revolving Commitment; provided, ~~however,~~ that after giving effect to any ~~Borrowing of Revolving Loans~~Borrowing, (i) the ~~Total~~ Aggregate Revolving Outstandings shall not exceed the Aggregate Revolving ~~Commitments~~Commitments minus the Reserve Amount, ~~and~~ (ii) the aggregate Outstanding Amount of the Revolving Loans of any Revolving Lender, plus ~~such~~ that Revolving Lender’s ~~Applicable~~ Revolving Percentage of the Outstanding Amount of all L/C Obligations, plus ~~such~~ that Revolving Lender’s ~~Applicable~~ Revolving Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed ~~such~~ that Lender’s Revolving Commitment, and (iii) prior to the satisfaction of the conditions set forth in Section 4.03, the Borrower shall not request any Revolving Loan, Swing Line Loan or Letter of Credit which would result in the Aggregate Revolving Outstandings being in excess of $150,000,000 minus the Reserve Amount. 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, prepay under Section ~~2.05~~2.06, and reborrow under this Section 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

Sources: Credit Agreement (Herbst Gaming 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 Borrower in Dollars 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 Available Aggregate Revolving Commitments, and (ii) 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, prepay under Section 2.05, and reborrow under this Section 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

Sources: Credit Agreement (Newport 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~~ from time to ~~time~~ time, on any Business Day during the Revolving 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~~Borrowing, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, and (ii) 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, prepay under Section ~~2.05~~2.06, and reborrow under this Section 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

Sources: Credit Agreement (Keystone Marketing 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”) to the Borrower in Dollars 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 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,~~ 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, prepay under Section 2.05, and reborrow under this Section 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

Sources: Credit Agreement (Sonic 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 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,~~ Commitments and (ii) 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, prepay under Section 2.05, and reborrow under this Section 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

Sources: Credit Agreement (School Specialty 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 Borrower in Dollars 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 aggregate Outstanding Amount of the Revolving 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 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, prepay under Section 2.05, and reborrow under this Section 2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, or a combination thereof, as further provided herein~~, provided, however, all Borrowings made on the Closing Date shall be made as Base Rate Loans~~.

Appears in 1 contract

Sources: 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”) to the ~~Borrower~~ Company in Dollars 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 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,~~ 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~~ Company may borrow under this Section ~~2.01~~2.1, prepay under Section ~~2.05~~6.2, and reborrow under this Section ~~2.01~~2.1. Revolving Loans may be Base Rate Loans or ~~Eurodollar Rate~~ LIBOR 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

Sources: Credit Agreement (Standard Parking 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~~ Borrowers in Dollars 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~~Borrowing, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, (ii) the Total Revolving Outstandings attributable to the Subsidiary Borrower shall not exceed the Subsidiary Borrower Sublimit 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, prepay under Section ~~2.05~~2.04, and reborrow under this Section 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

Sources: Credit Agreement (Univision Communications 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 Borrower in Dollars 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 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, and (iii) during the third and fourth quarters of each fiscal year of the Borrower the Total Revolving Outstandings shall not exceed the Availability Cap. 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, prepay under Section 2.05, and reborrow under this Section 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

Sources: Credit Agreement (School Specialty Inc)

Revolving Loans. (a) Revolving Committed Amount. Subject to the terms and conditions set forth herein, each Revolving Lender severally agrees to make revolving loans (each ~~such loan,~~ a “"Revolving Loan”" and collectively the "Revolving Loans") in Dollars to the ~~Borrower in Dollars~~ Borrower, at any time and from time to ~~time on any Business Day~~ time, during the ~~Availability Period in an aggregate amount~~ period from and including the Closing Date to but not ~~to exceed at any time outstanding~~ including the ~~amount of~~ Maturity Date (or such ~~Lender’s~~ earlier date if the Revolving ~~Commitment~~Committed Amount has been terminated as provided herein); provided, however, that after giving effect to any Borrowing ~~of Revolving Loans,~~ (i) the ~~Total~~ sum of the aggregate principal amount of outstanding Revolving ~~Outstandings~~ Loans plus the aggregate principal amount of outstanding L/C Obligations shall not exceed the ~~Aggregate~~ Revolving ~~Commitments,~~ Committed Amount and (ii) with respect to each individual Lender, the sum of the aggregate ~~Outstanding Amount~~ principal amount of ~~the~~ outstanding Revolving Loans of ~~any Lender,~~ such Lender plus ~~such Lender’s Applicable Percentage~~ the aggregate principal amount of ~~the Outstanding Amount of all~~ outstanding L/C ~~Obligations, plus~~ Obligations of such ~~Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans~~ Lender shall not exceed such Lender’s 's Pro Rata Share of the Revolving ~~Commitment~~Committed Amount. ~~Within the limits of each Lender’s Revolving Commitment, and subject~~ Subject to the ~~other~~ terms ~~and conditions hereof~~of this Credit Agreement (including Section 3.3), the Borrower may ~~borrow under this Section 2.01~~borrow, ~~prepay under Section 2.05,~~ repay and reborrow ~~under this Section 2.01~~Revolving Loans. 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

Sources: Credit Agreement (Orthodontic Centers of America 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”") 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 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~~2.01(a), prepay under Section ~~2.05~~2.05(a), and reborrow under this Section ~~2.01~~2.01(a). 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

Sources: Credit Agreement (Team Health 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 ~~Borrower~~ Borrowers or either of them 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,~~ Borrowing: (ia) the Total ~~Revolving~~ Outstandings shall not exceed the Aggregate ~~Revolving~~ Commitments~~, and~~ , (iib) 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; (c) the aggregate Outstanding Amount of all Revolving ~~Commitment~~Loans made to GEI plus the Outstanding Amount of the L/C Obligations of GEI shall not exceed the GEI Sublimit, and (d) the aggregate Outstanding Amount of all Revolving Loans 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~~ each Borrower may borrow under this Section ~~2.01~~2.1, prepay under Section ~~2.05~~2.5, and reborrow under this Section ~~2.01~~2.1. 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

Sources: Credit Agreement (Devry 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 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~~Borrowing, (i) the Total ~~Revolving~~ Outstandings shall not exceed the ~~Aggregate Revolving Commitments~~Commitments of all Lenders, and (ii) 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~~2.1, prepay under Section ~~2.05~~2.5, and reborrow under this Section ~~2.01~~2.1. Revolving Loans may be ~~Base~~ Eurodollar Floating Rate Loans or Eurodollar Fixed 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

Sources: Loan Agreement (Cascade Corp)

Revolving Loans. Subject to the terms and conditions set forth herein, each Revolving Lender severally (and neither jointly nor jointly and severally) agrees to make loans to the Borrower Representative for the benefit of the Borrowers (each such loan, a “Revolving Loan”) ~~to the Borrower~~ in Dollars 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~~, that after giving effect to any Borrowing of Revolving Loans, (i) the ~~Total~~ total Revolving ~~Outstandings~~ Exposure of all Revolving Lenders shall not exceed the ~~Aggregate~~ total Revolving ~~Commitments~~Commitments of all Revolving Lenders, and (ii) the ~~aggregate Outstanding Amount~~ Revolving Exposure of ~~the~~ each 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 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 Representative on behalf of the Borrowers may borrow under this Section ~~2.01~~2.01(a), prepay under Section 2.05, and ~~reborrow~~ re-borrow under this Section ~~2.01~~2.01(a). The Revolving Loans may be Base Rate Loans or ~~Eurodollar Rate~~ LIBOR Loans, as further provided herein, ~~provided,~~ provided however, that all Borrowings of Revolving Loans made on the Closing Date shall be made as Base Rate Loans.

Appears in 1 contract

Sources: Credit and Guaranty Agreement (Mesa Air 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”) to the ~~Borrower~~ Borrowers in Dollars 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, (ia) the Total Revolving Outstandings shall not exceed the Aggregate Revolving ~~Commitments,~~ Commitments and (iib) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s ~~Applicable Percentage of~~ risk participation in the Outstanding Amount of all L/C ~~Obligations~~Obligations and all Swingline Loans (other than with respect to any Swingline Loans made by such Lender in its capacity as a Swingline Lender), plus ~~such Lender’s Applicable Percentage of~~ the Outstanding Amount of all ~~Swing Line~~ Swingline Loans made by such Lender in its capacity as a Swingline Lender (other than the amount of participations funded by the other Lenders in such 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~~ Borrowers may borrow under this Section 2.01, prepay under Section 2.05, and reborrow under this Section 2.01. Revolving Loans may be Base Rate Loans, Term SOFR Loans or ~~Eurodollar~~ Term SOFR Daily Floating Rate Loans, or a combination thereof, as further provided herein~~, provided, however, all Borrowings made on the Closing Date shall be made as Base Rate Loans~~.

Appears in 1 contract

Sources: Credit Agreement (Stifel 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 Borrower in Dollars 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 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,~~ 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, prepay under Section 2.05, and reborrow under this Section 2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, or a combination thereof, as further provided herein, provided, however, all Borrowings made on the Closing Date shall be made as Base Rate Loans.

Appears in 1 contract

Sources: Credit Agreement (NameMedia, 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 ~~Borrower~~ Company in Dollars 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 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~~ Company may borrow under this Section 2.01, prepay under Section 2.05, and reborrow under this Section 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

Sources: Credit Agreement (TRM Corp)

Revolving Loans. Subject to and upon the terms and conditions ~~set forth~~ contained herein, each Revolving Loan Lender severally (and not jointly) agrees to make ~~loans~~ Revolving Loans, ratably in proportion to its Pro Rata Share of the Revolving Loan Commitments, to the Borrower, from time to time during the Availability Period, in an aggregate principal amount outstanding at any time that will not result in (~~each~~ A) the aggregate outstanding principal amount of such ~~loan~~Revolving Loan Lender’s Revolving Loans exceeding such Revolving Loan Lender’s Revolving Loan Commitment, or (B) the aggregate outstanding principal amount of all Revolving Loan Lenders’ Revolving Loans exceeding the Aggregate Revolving Loan Commitment Amount. During the Availability Period, the Borrower shall be entitled to borrow, prepay, and reborrow Revolving Loans in accordance with the terms and conditions of this Agreement; provided, that (x) subject to the satisfaction of the conditions set forth in Section 3.01, the Revolving Lenders shall make a “Revolving ~~Loan”)~~ Loan to the Borrower in ~~Dollars from time to time on any Business Day during~~ the ~~Availability Period in an aggregate~~ original principal amount of $5,000,000 within one (1) business day of the Closing Date, and (y) the Borrower may not ~~to exceed~~ borrow or reborrow Revolving Loans 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 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, prepay under Section 2.05, and reborrow under this Section 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 Loanswhen a Default exists.

Appears in 1 contract

Sources: Credit Agreement (Digital Domain Media Group, 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 to the Borrower in Dollars or in one or more Alternative Currencies from time to time on any Business Day during the Revolving Availability Period in an aggregate principal amount not to exceed at any time outstanding ~~the amount of~~ such Lender’s Revolving Commitment; ~~provided~~provided that, ~~however, that~~ after giving effect to any ~~Borrowing of~~ Revolving ~~Loans~~Borrowing, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, ~~and~~ (ii) the sum of 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~~ Swingline Loans shall not exceed such Lender’s Revolving ~~Commitment~~Commitment and (iii) the aggregate Outstanding Amount of all Revolving Loans denominated in Alternative Currencies shall not exceed the Alternative Currency Sublimit. Within the foregoing limits ~~of each Lender’s Revolving Commitment,~~ and subject to the ~~other~~ terms and conditions ~~hereof~~set forth herein, the Borrower may ~~borrow under this Section 2.01~~borrow, prepay ~~under Section 2.05,~~ and reborrow ~~under this Section 2.01~~Revolving Loans. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein, ; provided, however, ~~all Borrowings made on the Closing Date~~ that any Base Rate Loan shall be made ~~as Base Rate Loans~~in Dollars.

Appears in 1 contract

Sources: Credit Agreement (SFX Entertainment, INC)

Revolving Loans. Subject to the terms and conditions set forth herein, each Revolving Lender severally agrees to ~~make loans (each such loan~~make, ~~a “~~Convert and Continue Revolving ~~Loan”)~~ Loans in Dollars to the Borrower ~~in Dollars~~ from time to 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 ~~Commitment~~Credit Maturity Date; provided, however, that after giving effect to any ~~Borrowing of~~ Revolving ~~Loans~~Borrowing, (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, and (ii) 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~~2.02, prepay under Section ~~2.05~~2.06, and reborrow under this Section ~~2.01~~2.02. 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

Sources: Credit Agreement (Jarden 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 from time to time on any Business Day during the ~~Availability~~ 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 aggregate ~~Outstanding Amount~~ outstanding principal amount of the Revolving Loans of any Lender, plus such Lender’s ~~Applicable~~ Commitment Percentage of the ~~Outstanding Amount~~ outstanding principal amount of all L/C Obligations, plus such Lender’s ~~Applicable~~ 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~~2.1, prepay under Section ~~2.05~~2.5, and reborrow under this Section ~~2.01~~2.1. 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

Sources: 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”) to the Borrower in Dollars 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 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~~ 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, prepay under Section 2.05, and reborrow under this Section 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

Sources: Credit Agreement (Medianews 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”) to the Borrower in Dollars from time to time on any Business Day during the Availability Period in an aggregate outstanding 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 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, prepay under Section 2.05, and reborrow under this Section 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

Sources: Credit Agreement (Orbital Sciences Corp /De/)

Revolving Loans. Subject to the terms and conditions ~~set forth herein~~hereof, each Lender severally ~~agrees~~ agrees, on the terms and conditions hereinafter set forth, to make revolving credit loans in Dollars (~~each such loan, a “~~"Revolving ~~Loan”~~Loans") to the ~~Borrower in Dollars~~ Company, from time to time ~~on any Business Day~~ during the ~~Availability~~ Commitment Period in an aggregate principal amount at any one time outstanding not to exceed ~~at any time outstanding~~ the amount of such Lender’s 's Pro Rata Share of ONE HUNDRED FIFTY MILLION DOLLARS ($150,000,000) (as such amount may be reduced pursuant to this Agreement, the "Revolving ~~Commitment~~Committed Amount"); ~~provided~~provided that with regard to each individual Lender, ~~however, that after giving effect to any Borrowing~~ the principal amount of ~~Revolving Loans, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, and (ii) the aggregate Outstanding Amount~~ such Lender's Pro Rata Share of ~~the~~ outstanding Revolving Loans ~~of any Lender,~~ plus such Lender~~’s Applicable Percentage~~ 's Pro Rata Share of ~~the Outstanding Amount of all L/C Obligations,~~ outstanding Swingline Loans plus such Lender~~’s Applicable Percentage~~ 's Pro Rata Share of ~~the Outstanding Amount of all Swing Line Loans~~ LOC Obligations outstanding shall not exceed such Lender’s 's Revolving Commitment. ~~Within~~ During the ~~limits of each Lender’s~~ Commitment Period the Company may use the Revolving ~~Commitment~~Committed Amount by borrowing, prepaying the Revolving Loans in whole or in part, and ~~subject to~~ reborrowing, all in accordance with the ~~other~~ terms and conditions hereof, ; provided that in no event shall the ~~Borrower may borrow under this Section 2.01, prepay under Section 2.05, and reborrow under this Section 2.01.~~ aggregate principal amount of outstanding Revolving Loans ~~may~~ plus the aggregate principal amount of outstanding Swingline Loans plus all LOC Obligations outstanding at any one time outstanding exceed the Revolving Committed Amount. There shall be ~~Base Rate~~ no Revolving Loans ~~or Eurodollar Rate Loans, as further provided herein, provided, however, all Borrowings made~~ outstanding on the Closing ~~Date shall be made as Base Rate Loans~~Date.

Appears in 1 contract

Sources: Credit Agreement (Hercules Inc)

Revolving Loans. Subject to the terms and conditions set forth herein, each ~~Lender~~ Revolving Bank severally agrees to make loans (each such loan, a “Revolving Loan”) to the ~~Borrower in Dollars~~ Co-Borrowers from time to ~~time~~ time, on any Business Day during the Revolving Availability ~~Period~~ Period, in an aggregate amount not to exceed at any time outstanding the amount of such ~~Lender~~Bank’s Revolving Commitment; provided, however, that after giving effect to any ~~Borrowing of~~ Revolving ~~Loans,~~ Borrowing: (i) the ~~Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, and (ii) the~~ aggregate ~~Outstanding Amount~~ amount of ~~the~~ Revolving Loans ~~of any Lender,~~ and Swing Line Loans plus ~~such Lender’s Applicable Percentage of~~ the ~~Outstanding~~ Effective Amount of all L/C ~~Obligations~~Obligations shall not exceed the aggregate Revolving Commitments, or, if a Defaulting Bank exists hereunder, the Total Available Revolving Commitments; and (ii) the Effective Amount of Revolving Loans of any Bank, plus such ~~Lender~~Bank’s ~~Applicable~~ Revolving Percentage of the ~~Outstanding~~ Effective Amount of all outstanding Swing Line ~~Loans~~ Loans, plus such Bank’s Revolving Percentage of the Effective Amount of all L/C Obligations shall not exceed such ~~Lender~~Bank’s Revolving Commitment. Within the limits of each ~~Lender~~Bank’s Revolving Commitment, and subject to the other terms and conditions hereof, the ~~Borrower~~ Co-Borrowers’ ability to obtain Revolving Loans shall be fully revolving, and accordingly the Co-Borrowers may borrow under this Section ~~2.01~~2.01(a), prepay under Section 2.05, and reborrow under this Section 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.under

Appears in 1 contract

Sources: Credit Agreement

Revolving Loans. Subject to the terms and conditions set forth herein, each Revolving Lender severally agrees to ~~make loans (each such loan~~make, ~~a “~~convert and continue Revolving ~~Loan”)~~ Loans in US 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 Credit Commitment; provided, however, that after giving effect to any ~~Borrowing of~~ Revolving ~~Loans~~Borrowing, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Credit Commitments, and (ii) the aggregate Outstanding Amount of the Revolving Loans of any Revolving Lender, plus such Lender’s ~~Applicable Percentage~~ 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 Revolving Credit 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~~2.02, prepay under Section 2.05, and reborrow under this Section ~~2.01~~2.02. 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

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

Revolving Loans. Subject to the terms and conditions set forth herein, each Revolving Lender severally agrees to ~~make loans (each such loan~~make, ~~a “~~convert and continue Revolving ~~Loan”)~~ Loans to the ~~Borrower in Dollars from time to time~~ Borrowers 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 Credit Commitment; provided, however, that after giving effect to any ~~Borrowing of~~ Revolving ~~Loans~~Borrowing, (i) the Total ~~Revolving~~ Outstandings shall not exceed the ~~Aggregate Revolving Commitments~~Loan Cap (excluding any applicable L/C Reserve), and (ii) 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 ~~Lender~~Revolving ▇▇▇▇▇▇’s Revolving Credit Commitment, and subject to the other terms and conditions hereof, the ~~Borrower~~ Borrowers may borrow under this Section ~~2.01~~2.02, prepay under Section ~~2.05~~2.06, and reborrow under this Section ~~2.01~~2.02. Revolving Loans may be Base Rate Loans or ~~Eurodollar Rate~~ Eurocurrency RateTerm SOFR 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

Sources: 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”) to the Borrower in Dollars 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~~ aggregate outstanding principal amount of all Revolving ~~Outstandings~~ Loans shall not exceed the lesser of (x) the Aggregate Revolving ~~Commitments~~Commitments and (y) the Borrowing Base, and (ii) 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, prepay under Section ~~2.05~~2.03, and reborrow under this Section 2.01. Revolving Loans may be Base Rate Loans, Eurodollar Rate Loans or Eurodollar Daily Floating 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

Sources: Credit Agreement (LCC International Inc)

Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make ~~loans (each such loan~~Revolving Loans, ~~a “Revolving Loan”)~~ ratably in proportion to its Pro Rata Share, to the ~~Borrower~~ Borrower, in Dollars or in one or more Alternative Currencies from time to time, from time to time ~~on any Business Day~~ during the Availability ~~Period~~ Period, in an aggregate principal amount ~~not to exceed~~ outstanding at any time ~~outstanding the amount of~~ that will not result in (a) such Lender’s Revolving Credit Exposure exceeding such Lender’s Revolving Commitment, (b) the sum of the aggregate Revolving Credit Exposures of all Lenders exceeding the Aggregate Revolving Commitment Amount or (c) the sum of the aggregate Revolving Credit Exposures of all Lenders denominated in Alternative Currencies exceeding the Alternative Currency Sublimit. During the Availability Period, the Borrower shall be entitled to borrow, prepay and reborrow Revolving Loans in accordance with the terms and conditions of this Agreement; 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 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 not borrow ~~under this Section 2.01, prepay under Section 2.05, and~~ or reborrow ~~under this Section 2.01~~should there exist a Default or Event of Default. ~~Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein, provided, however, all Borrowings made on~~ On the Closing ~~Date shall~~ Date, a Revolving Loan will be made ~~as Base Rate Loans~~to repay all outstanding Indebtedness of the Borrower under the Existing Credit Agreement (other than Existing Letters of Credit).

Appears in 1 contract

Sources: Revolving Credit Agreement (Maximus Inc)

Common use of Revolving Loans Clause in Contracts