Syndicated Loans Sample Clauses

Syndicated Loans. During the Revolving Credit Period each Lender severally agrees, on the terms and conditions set forth in this Agreement, to make Loans to either Borrower from time to time in amounts such that the aggregate Dollar Amount of Committed Loans by such Lender, together with the Dollar Amount of its Letter of Credit Liabilities and its participating interests or obligations to purchase participations in any Swingline Loans, shall at no time exceed the amount of its Commitment. The aggregate Dollar Amount of each Borrowing under this subsection (other than a Swingline Takeout Borrowing) shall be (i) in the case of a Base Rate Borrowing, a minimum of $1,000,000 or any larger multiple of $500,000 (except that any such Borrowing may be in the aggregate amount available to the Borrower in accordance with Section 3.02) or (ii) in the case of a Euro-Currency Borrowing, a minimum of $2,000,000 or, in the case of Dollar-Denominated Loans, any larger multiple of $500,000. Each Borrowing under this subsection shall be made from the several Lenders ratably in proportion to their respective Commitments. Within the foregoing limits, either Borrower may borrow under this Section, repay, or to the extent permitted by Section 2.11, prepay Loans and reborrow at any time during the Revolving Credit Period under this Section.

Syndicated Loans. (a) Each Tranche A-($) Lender severally agrees, on the terms and conditions of this Agreement, to make loans to either Applicable Borrower in Dollars during the period from and including the date hereof to but not including the Tranche A-($) Commitment Termination Date in an aggregate principal amount at any one time outstanding up to but not exceeding the amount of the Tranche A-($) Commitment of such Tranche A-($) Lender as in effect from time to time. Subject to the terms and conditions of this Agreement, during such period either Applicable Borrower may borrow, repay and reborrow the amount of the Tranche A-($) Commitments; provided that (i) no more than 10 separate -------- Interest Periods in respect of Eurocurrency Loans that are Tranche A-($) Loans may be outstanding at any one time and (ii) no more than 20 different Interest Periods for both Syndicated Loans and Money Market Loans may be outstanding under Tranche A-($) at the same time (for which purpose (x) Interest Periods described in different lettered clauses of the definition of the term "Interest Period" shall be deemed to be different Interest Periods even if they are coterminous and (y) Loans denominated in different Currencies shall be deemed to have different Interest Periods). (b) Each Tranche A-(MC) Lender severally agrees, on the terms and conditions of this Agreement, to make loans to either Applicable Borrower in Dollars or any Agreed Alternative Currency during the period from and including the date hereof to but not Credit Agreement ---------------- including the Tranche A-(MC) Commitment Termination Date in an aggregate principal amount at any one time outstanding up to but not exceeding the amount of the Tranche A-(MC) Commitment of such Tranche A-(MC) Lender as in effect from time to time. Subject to the terms and conditions of this Agreement, during such period either Applicable Borrower may borrow, repay and reborrow the amount of the Tranche A-(MC) Commitments; provided that (i) no more than eight separate -------- Interest Periods in respect of Eurocurrency Loans that are Tranche A-(MC) Loans may be outstanding at any one time, (ii) no more than 20 different Interest Periods for both Syndicated Loans and Money Market Loans may be outstanding under Tranche A-(MC) at the same time (for which purpose (x) Interest Periods described in different lettered clauses of the definition of the term "Interest Period" shall be deemed to be different Interest Periods even if they are cot...

Syndicated Loans. (a) 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 Effective Date to but not including the Commitment Termination Date in an aggregate principal amount at any one time outstanding which, when added to such Bank’s Revolving Percentage of the L/C Obligations then outstanding does not exceed the Commitment of such Bank as in effect from time to 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, and may Convert Syndicated Loans of one Type into Syndicated Loans of another Type (as provided in Section 2.10) or Continue Syndicated Loans of one Type as Syndicated Loans of the same Type (as provided in Section 2.10); provided that no more than eight separate Interest Periods in respect of Eurodollar Loans from each Bank may be outstanding at any one time. (b) The Commitment Termination Date may be extended annually, in the manner set forth in this Section 2.01(b), in each case for a period of one year measured from the Commitment Termination Date then in effect (each such extension an “Extension”), provided that there shall be no more than two Extensions, such that the Commitment Termination Date shall be no later than April 25, 2024. If the Company wishes to request an extension of the Commitment Termination Date, it shall give notice to that effect to the Administrative Agent at any time and from time to time after the first anniversary of the Effective Date and not less than 30 days prior to the Commitment Termination Date then in effect. The Administrative Agent shall promptly notify each Bank of receipt of such request. Each Bank shall endeavor to respond to such request, whether affirmatively or negatively (such determination in the sole discretion of such Bank), by notice to the Company and the Administrative Agent within 21 days of receipt of such request. Subject to the execution by the Company, the Administrative Agent and such Bank of a duly completed Extension Agreement, the Commitment Termination Date applicable to the Commitment of each Bank so affirmatively notifying the Company and the Administrative Agent shall be extended for the period specified above; provided that (x) no Commitment Termination Date of any Bank shall be extended unless Banks having more than 50% in aggregate amount of the Commitments in effect at the time any such exten...

Syndicated Loans. During the Revolving Credit Period, each Bank severally agrees, on the terms and conditions set forth in this Agreement, to make loans to any Borrower pursuant to this subsection (a) 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 to all Borrowers shall not exceed the amount of its Commitment. Each Borrowing under this subsection (a) (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 except that any such Borrowing to refund a Swingline Loan or to fund the reimbursement obligation in respect of a Letter of Credit may be in the exact amount required for such purpose) and shall be made from the several Banks ratably in proportion to their respective Commitments. Within the foregoing limits, any Borrower may borrow under this subsection (a), repay or, to the extent permitted by Section 2.12, prepay Loans and reborrow at any time during the Revolving Credit Period under this subsection (a).

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