Syndicated Loans Sample Clauses

Syndicated Loans. Each Bank severally agrees, on the terms and conditions set forth herein, to make Syndicated Loans to the Borrowers from time to time before the Termination Date; provided that, (i) immediately after each such Syndicated Loan is made, the aggregate outstanding principal amount of Syndicated Loans by such Bank shall not exceed the amount of its Commitment, and (ii) the aggregate outstanding principal amount of all Syndicated Loans and Money Market Loans shall not exceed the lesser of (A) the aggregate amount of the Commitments and (B) the Borrowing Base. Each Syndicated Borrowing under this Section shall be in an aggregate principal amount of $3,000,000 or any larger integral multiple of $500,000 (except that any such Syndicated Borrowing may be in the aggregate amount of the Unused Commitments) and shall be made from the several Banks ratably in proportion to their respective Commitments. Within the foregoing limits, either or both of the Borrowers may borrow under this Section, repay or, to the extent permitted by Section 2.10, prepay Syndicated Loans and reborrow under this Section at any time before the Termination Date.

Syndicated Loans. During its Revolving Credit Period, each Bank severally agrees, on the terms and conditions set forth in this Agreement, to make loans to the Borrower pursuant to this subsection from time to time in amounts such that the aggregate principal amount of Committed Loans by such Bank, together with its Letter of Credit Liabilities and its participating interests in any Unrefunded Swingline Loans, at any one time outstanding shall not exceed the amount of its Commitment. Each Borrowing under this subsection (other than a Swingline Takeout Borrowing) shall be in an aggregate principal amount of $10,000,000 or any larger multiple of $1,000,000 (except that any such Borrowing may be in the aggregate amount available in accordance with Section 3.02(b)) and shall be made from the several Banks ratably in proportion to their respective Commitments in effect on the date of Borrowing; PROVIDED that, if the Interest Period selected by the Borrower for a Borrowing would otherwise end after the Termination Dates of some but not all Banks, the Borrower may in its Notice of Committed Borrowing elect not to borrow from those Banks whose Termination Dates fall prior to the end of such Interest Period. Within the foregoing limits, the Borrower may borrow under this subsection (a), or to the extent permitted by Section 2.12, prepay Loans and reborrow at any time during the Revolving Credit Periods under this subsection (a).

Syndicated Loans. A Borrowing hereunder consisting of one or more loans made by the Banks to the Borrower under the procedures described in §2.1(a).

Syndicated Loans. Upon the satisfaction of the conditions precedent set forth in Sections 4.1 and 4.2 hereof, from and including the date of this Agreement and prior to the Termination Date, each Lender severally and not jointly agrees, on the terms and conditions set forth in this Agreement, to make Syndicated Loans to the Borrower from time to time, in an Agreed Currency, in a Dollar Amount not to exceed in the aggregate at any one time outstanding the amount of such Lender's Commitment; provided, however, (i) that the Aggregate Commitment shall be deemed used from time to time to the extent of (a) the aggregate amount of the Bid Rate Loans then outstanding, and such deemed use of the Aggregate Commitment shall be applied to the Lenders ratably according to their respective Commitments (such deemed use of the aggregate amount of the Commitments being a "Bid Rate Reduction") and (b) the aggregate L/C Obligations then outstanding, and such deemed use of the Aggregate Commitment shall be applied to the Lenders ratably according to their respective Commitments, and (ii) that the aggregate Dollar Amount of Eurocurrency Rate Loans and L/C Obligations in Agreed Currencies other than Dollars outstanding at any time shall not exceed 50% of the Aggregate Commitment at such time. For so long as the aggregate outstanding Dollar Amount of Syndicated Advances, Bid Rate Advances, Swing Line Loans and L/C Obligations is less than 95% of the Aggregate Commitment, the Dollar Amount of each Eurocurrency Rate Advance in an Agreed Currency other than Dollars for all purposes under this Agreement (other than Section 2.3(B)) shall be the Dollar Amount thereof as of the date such Eurocurrency Rate Advance was made, and the Dollar Amount of each undrawn Letter of Credit in an Agreed Currency other than Dollars for all purposes of this Agreement (other than Section 2.3(B)) shall be the Dollar Amount thereof as of the first Business Day in each week, as determined by the Administrative Agent. For so long as the aggregate outstanding Dollar Amount of Syndicated Advances, Bid Rate Advances, Swing Line Loans and L/C Obligations is equal to or greater than 95% of the Aggregate Commitment, the Administrative Agent shall determine the Dollar Amount of all Eurocurrency Rate Advances and L/C Obligations in Agreed Currencies other than Dollars as of the first Business Day in each week, and the availability of Loans and Letters of Credit under this Agreement shall be determined on the basis of such Dollar Am...

Syndicated Loans. The Company hereby promises to pay to the Administrative Agent for account of the Banks the entire outstanding principal amount of the Syndicated Loans, and each Syndicated Loan shall mature, on the Commitment Termination Date.

Syndicated Loans. During the Revolving Credit Period each Lender severally agrees, on the terms and conditions set forth in this Agreement, to make Loans denominated in any Approved Currency to any Borrower from time to time in amounts such that (i) such Xxxxxx’s Outstanding Committed Amount shall not exceed its Commitment and (ii) the Total Outstanding Amount shall not exceed the aggregate amount of the Commitments. Each Borrowing under this Section 2.01(a) shall be in a minimum aggregate amount equal to $5,000,000 (in the case of Dollars), €5,000,000 (in the case of Euro), £5,000,000 (in the case of Pounds Sterling) or an amount agreed to by the Administrative Agent and the Company (in the case of any other Approved Currency) and a multiple of $1,000,000 (in the case of Dollars), €1,000,000 (in the case of Euro), £1,000,000 (in the case of Pounds Sterling) or an amount agreed to by the Administrative Agent and the Company (in the case of any other Approved Currency) (or the amount remaining under the Commitments and except that any such Borrowing pursuant to Section 2.17(a) may be in the amount specified therein) and shall be made from the several Lenders ratably in proportion to their respective Commitments. Within the foregoing limits, each Borrower may borrow under this Section 2.01(a), repay or prepay Loans and reborrow at any time during the Revolving Credit Period under this Section 2.01(a).

Syndicated Loans. Each Bank severally agrees, on the terms and conditions of this Agreement, to make loans to the Company in Dollars during the period from and including the date hereof to but not including the Commitment Termination Date in an aggregate principal amount at any one time outstanding up to but not exceeding the amount of the Commitment of such Bank as in effect from time to time, provided that the aggregate principal amount of all Syndicated Loans, together with the aggregate principal amount of all Money Market Loans, at one time outstanding shall not exceed the aggregate amount of the Commitments at such time. Subject to the terms and conditions of this Agreement, during such period the Company may borrow, repay and reborrow the amount of the Commitments by means of Alternate Base Rate Loans and Eurodollar Loans; provided that no more than three separate Interest Periods in respect of Eurodollar Loans from each Bank may be outstanding at any one time.

Syndicated Loans. (a) Subject to and upon the terms and conditions herein set forth (including the limitation set forth in Section 2.01), each Syndicated Lender severally agrees to make to Borrower, from time to time on and after the Closing Date, but prior to the Maturity Date, Syndicated Loans in an aggregate principal amount outstanding at any time not to exceed an amount equal to such Syndicated Lender's Syndicated Loan Commitment. For purposes of calculating the amount of allowable Syndicated Loans, Bid Rate Loans shall not be included, provided the total principal amount of all Loans which may be made hereunder shall not exceed $250,000,000.00. Borrower shall be entitled to repay and reborrow Syndicated Loans in accordance with the provisions, and subject to the limitations, set forth herein (including the limitation set forth in Section 2.01). (b) Each Syndicated Loan shall, at the option of Borrower, be made or continued as, or converted into, part of one or more Borrowings that shall consist entirely of Base Rate Advances or Eurodollar Advances. The aggregate principal amount of each Borrowing of Syndicated Loans shall be not less than $5,000,000 or a greater integral multiple of $500,000, provided that each Borrowing of Syndicated Loans comprised of Base Rate Advances shall be not less than $1,000,000 or a greater integral multiple of $100,000.

Syndicated Loans. During the Revolving Credit Period each Bank severally agrees, on the terms and conditions set forth in this Agreement, to make Loans denominated in Dollars or in an Alternative Currency to any Borrower from time to time in amounts such that (i) such Bank's Outstanding Committed Amount shall not exceed its Commitment and (ii) the Total Outstanding Amount shall not exceed the aggregate amount of the Commitments. Each Borrowing under this subsection (other than a Swingline Takeout Borrowing) shall be in a minimum aggregate Dollar Amount of $5,000,000 and, in the case of a Dollar-Denominated Borrowing, a multiple of $1,000,000 (except that any such Borrowing may be in the aggregate amount available to the Borrowers in accordance with Section 3.02) and shall be made from the several Banks ratably in proportion to their respective Commitments. Within the foregoing limits, the Borrower may borrow under this Section, repay, or to the extent permitted by Section 2.12, prepay Loans and reborrow at any time during the Revolving Credit Period under this Section.

Syndicated Loans. Each Bank ------------------- ---------------- severally agrees, on the terms and conditions set forth herein, to make Syndicated Loans (which may be, at the option of any relevant Borrower and subject to the terms and conditions hereof, Syndicated Foreign Currency Loans or Syndicated Dollar Loans, and Syndicated Dollar Loans may be Base Rate Loans or Euro-Dollar Loans) to any of the Borrowers from time to time before the Termination Date; provided that immediately after each -------- such Loan is made: (i) the sum of the aggregate principal amount of Syndicated Dollar Loans and the Dollar Equivalent of the aggregate principal amount of Syndicated Foreign Currency Loans by such Bank to all Borrowers does not exceed the amount of its Commitment, and (ii) the aggregate outstanding principal amount of all Syndicated Dollar Loans, Swing Loans, Dollar Money Market Loans, the Dollar Equivalent of Syndicated Foreign Currency Loans, and the Dollar Equivalent of Foreign Currency Money Market Loans does not exceed the aggregate amount of the Commitments of all of the Banks. Subject to the foregoing, and subject to the provisions of Section 2.11(c), the Borrowers are permitted, subject to the terms and conditions hereof, to obtain Loans up to the full aggregate amount of the Unused Commitments of the Banks. The Dollar Equivalent of each Foreign Currency Loan on the date such Foreign Currency Loan is disbursed is to be deemed to be the amount of such Foreign Currency Loan outstanding for the purpose of calculating the unutilized portion of the Commitments on the date of such disbursement. Each Fixed Rate Borrowing under this Section is required to be in an aggregate principal amount of $5,000,000 (or the Dollar Equivalent thereof in any Foreign Currency) or, with respect to Syndicated Dollar Loans only, any larger multiple of $500,000 (except that any such Borrowing may be in the aggregate amount of the Unused Commitments) and is required to be made from the several Banks ratably in proportion to their respective Commitments. Each Base Rate Borrowing under this Section is required to be in an aggregate principal amount of $5,000,000 or any larger multiple of $1,000,000 (except that any such Borrowing may be in the aggregate amount of the Unused Commitments) and is required to be made from the several Banks ratably in proportion to their respective Commitments. Within the foregoing limits, the Borrowers may, through the Parent, borrow under this Section, and each such ...