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Common use of The A Advances Clause in Contracts

The A Advances. Each Lender severally agrees, on the terms and conditions hereinafter set forth, to make A Advances to the Borrower from time to time on any Business Day during the period from the Second Amended and Restated Effective Date until the Termination Date of such Lender in an aggregate amount not to exceed at any time outstanding the amount set opposite such Lender's name on Schedule III hereto or, if such Lender has entered into any Assignment and Acceptance, set forth for such Lender in the Register maintained by the Agent pursuant to Section 8.07(c), as such amount may be reduced pursuant to Section 2.05 (such Lender's "Commitment"), provided that the aggregate amount of the Commitments of the Lenders shall be deemed used from time to time to the extent of the aggregate amount of the B Advances then outstanding and at any time of determination, such deemed use of the aggregate amount of the Commitments shall be applied to the Lenders ratably according to their respective Commitments in effect at such time of determination (such deemed use of the aggregate amount of the Commitments being a "B Reduction"). Each A Borrowing shall be in an aggregate amount not less than $5,000,000 or an integral multiple of $1,000,000 in excess thereof and shall consist of A Advances of the same Type made on the same day to the Borrower by the Lenders ratably according to their respective Commitments. Within the limits of each Lender's Commitment, the Borrower may from time to time borrow, until the Commitment Termination Date, prepay pursuant to Section 2.06(c) and reborrow under this Section 2.01.

Appears in 2 contracts

Samples: Credit Agreement (Computer Sciences Corp), Credit Agreement (Computer Sciences Corp)

The A Advances. Each Lender Bank severally agrees, on the terms and conditions hereinafter set forth, to make A Advances to the Borrower Company from time to time on any Business Day during the period from the Second Amended and Restated Effective Date date hereof until the Termination Date of such Lender in an aggregate principal amount not to exceed at any time outstanding the amount set opposite not to exceed such LenderBank's name on Schedule III hereto or, if such Lender has entered into any Assignment and Acceptance, set forth for such Lender in the Register maintained by the Agent pursuant to Section 8.07(c), as such amount may be reduced pursuant to Section 2.05 (such Lender's "Commitment"), Commitment provided that the aggregate amount of the Commitments of the Lenders Banks shall be deemed used from time to time to the extent of the aggregate amount of the B Advances then outstanding and at any time of determination, such deemed use of the aggregate amount of the Commitments shall be applied to the Lenders Banks ratably according to their respective Commitments in effect at such time of determination (such deemed use of the aggregate amount of the Commitments being a "B Reduction"). Each A Borrowing shall be in an aggregate amount not less than $5,000,000 25,000,000 in the case of a Base Rate Borrowing or $50,000,000 in the case of a Eurodollar Rate Borrowing or, in each case, an integral multiple of $1,000,000 5,000,000 in excess thereof (or, if less, an aggregate amount equal to the difference between the aggregate amount of a proposed B Borrowing requested by the Company and the aggregate amount of B Advances offered to be made by the Banks and accepted by the Company in respect of such B Borrowing, if notice of such A Borrowing is given by the Company within two Business Days of the date of such B Borrowing) and shall consist of A Advances of the same Type made on the same day to the Borrower by the Lenders Banks ratably according to their respective Commitments. Within the limits of each LenderBank's Commitment, the Borrower Company may from time to time borrow, until the Commitment Termination Date, prepay pursuant to Section 2.06(c) 2.12, and reborrow under this Section 2.01.

Appears in 2 contracts

Samples: Bank Credit Agreement (Boeing Co), Bank Credit Agreement (Boeing Co)

The A Advances. Each Lender severally agrees, on the terms and conditions hereinafter set forth, to make A Advances to the Borrower or a Borrowing Subsidiary from time to time on any Business Day during the period from the Second Amended and Restated Effective Date date hereof until the Termination Date of such Lender in an aggregate amount not to exceed at any time outstanding the amount set opposite such Lender's ’s name on Schedule III hereto the signature pages hereof or, if such Lender has entered into an Assumption Agreement, set forth for such Lender in such Assumption Agreement or, if such Lender has entered into any Assignment and Acceptance, set forth for such Lender in the Register maintained by the Administrative Agent pursuant to Section 8.07(c), as such amount may be reduced pursuant to Section 2.05 (such Lender's "’s “Commitment"), provided that the aggregate amount of the Commitments of the Lenders shall be deemed used from time to time to the extent of the aggregate amount of the B Advances then outstanding and at any time of determination, such deemed use of the aggregate amount of the Commitments shall be applied to the Lenders ratably according to their respective Commitments in effect at such time of determination (such deemed use of the aggregate amount of the Commitments being a "B Reduction"). Each A Borrowing shall be in an aggregate amount not less than $5,000,000 10,000,000 or an integral multiple of $1,000,000 in excess thereof (unless the aggregate amount of the unused Commitments is less than $10,000,000, in which case such Borrowing shall be equal to the aggregate amount of the unused Commitments) and shall consist of A Advances of the same Type and having the same Interest Period made on the same day to the Borrower by the Lenders ratably according to their respective Commitments. Within the limits of each Lender's ’s Commitment, the Borrower may from time to time borrow, until the Commitment Termination Date, prepay pursuant to Section 2.06(c2.10 or 2.11(c) and reborrow under this Section 2.01.

Appears in 2 contracts

Samples: Credit Agreement (Colgate Palmolive Co), Credit Agreement (Colgate Palmolive Co)

The A Advances. (a) Each Lender severally agrees, on the terms and conditions hereinafter set forth, to make A Advances to the Borrower from time to time on any Business Day during the period from the Second Amended and Restated Effective Date date hereof until the Termination Date of such Lender in an aggregate amount not to exceed at any time outstanding the amount set opposite such Lender's ’s name on Schedule III hereto the signature pages hereof or, if such Lender has entered into any Assignment and Acceptance, set forth for such Lender in the Register maintained by the Agent pursuant to Section 8.07(c)Register, as such amount may be reduced pursuant to Section 2.05 2.05(a) (such Lender's "’s “Commitment"), provided that the aggregate amount of the Commitments of the Lenders shall be deemed used from time to time to the extent of the aggregate amount of the B Advances then outstanding and at any time of determination, such deemed use of the aggregate amount of the Commitments shall be deemed applied to the Lenders ratably according to their respective Commitments in effect at such time of determination (such deemed use of the aggregate amount of the Commitments being a "B Reduction"). . (b) Each A Borrowing (i) shall (except as otherwise provided in Sections 2.09(f) and (g)) be in an aggregate amount not less than $5,000,000 10,000,000 or an integral multiple of $1,000,000 in excess thereof and (ii) shall consist of A Advances of the same Type made (and, if such Advances are Eurodollar Rate Advances, having the same Interest Period) made, Continued or Converted on the same day to the Borrower by the Lenders ratably according to their respective Commitments. Within the limits of each Lender's ’s Commitment, the Borrower may from time to time borrow, until the Commitment Termination Date, prepay pursuant to Section 2.06(c2.11(b) and reborrow under this Section 2.01.

Appears in 2 contracts

Samples: Credit Agreement (Becton Dickinson & Co), Credit Agreement (Becton Dickinson & Co)

The A Advances. (a) Each Lender severally agrees, on the terms and conditions hereinafter set forth, to make A Advances to the Borrower from time to time on any Business Day during the period from the Second Amended and Restated Effective Date date hereof until the Termination Date of such Lender in an aggregate amount not to exceed at any time outstanding the amount set opposite such Lender's name on Schedule III hereto the signature pages hereof or, if such Lender has entered into any Assignment and Acceptance, set forth for such Lender in the Register maintained by the Agent pursuant to Section 8.07(c)Register, as such amount may be reduced pursuant to Section 2.05 2.05(a) (such Lender's "Commitment"), provided that the aggregate amount of the Commitments of the Lenders shall be deemed used from time to time to the extent of the aggregate amount of the B Advances then outstanding and at any time of determination, such deemed use of the aggregate amount of the Commitments shall be deemed applied to the Lenders ratably according to their respective Commitments in effect at such time of determination (such deemed use of the aggregate amount of the Commitments being a "B Reduction"). . (b) Each A Borrowing (i) shall (except as otherwise provided in Sections 2.09(f) and (g)) be in an aggregate amount not less than $5,000,000 10,000,000 or an integral multiple of $1,000,000 in excess thereof and (ii) shall consist of A Advances of the same Type made (and, if such Advances are Eurodollar Rate Advances, having the same Interest Period) made, Continued or Converted on the same day to the Borrower by the Lenders ratably according to their respective Commitments. Within the limits of each Lender's Commitment, the Borrower may from time to time borrow, until the Commitment Termination Date, prepay pursuant to Section 2.06(c2.11(b) and reborrow under this Section 2.01.

Appears in 2 contracts

Samples: Five Year Credit Agreement (Becton Dickinson & Co), Five Year Credit Agreement (Becton Dickinson & Co)

The A Advances. Each Lender severally agrees, on the terms and conditions hereinafter set forth, to make A Advances to the any Borrower from time to time on any Business Day during the period from the Second Amended and Restated Effective Date date hereof until the Termination Date of such Lender in an aggregate amount for all of the Borrowers not to exceed at any time outstanding the amount set opposite such Lender's name on Schedule III hereto the signature pages hereof or, if such Lender has entered into any Assignment one or more Assignments and AcceptanceAcceptances, set forth for such Lender in the Register maintained by the Agent pursuant to Section 8.07(c10.07(c), as such amount may be reduced pursuant to Section 2.05 (such Lender's "Commitment"), provided that the aggregate amount of the Commitments of the Lenders shall be deemed to be used from time to time to the extent of the aggregate amount of the B Advances then outstanding and at any time of determination, such deemed use of the aggregate amount of the Commitments shall be applied to the Lenders ratably according to their respective Commitments in effect at such time of determination (each such deemed use of the aggregate amount of the Commitments being a "B Reduction"). Each A Borrowing shall be in an aggregate amount not less than $5,000,000 or an integral multiple of $1,000,000 in excess thereof 50,000,000 and shall consist of A Advances of the same Type made to Philip Morris $8 billion, 5 year Facility 107900.5/NYL3 the same Borrower on the same day to the Borrower by the Lenders ratably according to their respective CommitmentsCommitments and one or more A Borrowings may be made on the same day. Within the limits of each Lender's Commitment, the Borrower Borrowers may from time to time borrow, until the Commitment Termination Daterepay pursuant to Section 2.06, prepay pursuant to Section 2.06(c) 2.10(b), and reborrow under this Section 2.01.

Appears in 1 contract

Samples: Loan and Guaranty Agreement (Philip Morris Companies Inc)

The A Advances. Each Lender severally agrees, agrees on the terms and conditions hereinafter set forth, to make A Advances to the Borrower from time to time on any Business Day during the period from the Second Amended and Restated Effective Date until the Termination Date in amounts such that the sum of (x) the aggregate principal amount of A Advances by such Lender in an plus (y) such Lender's Percentage of the aggregate principal amount not to exceed of Swingline Loans plus (z) such Lender's LC Exposure at any one time outstanding shall not exceed the amount set forth opposite such Lender's name on Schedule III I hereto or, if such Lender has entered into any Assignment and Acceptance, the amount set forth for such Lender in the Register maintained such Assignment and Acceptance or, if such Lender has entered into an agreement required by the Agent pursuant to Section 8.07(c2.07(b), the amount set forth for such Lender in such agreement (as each such amount may be reduced pursuant to Section 2.05 2.07) (such amount, such Lender's "Commitment"), ; provided that the aggregate amount of the Commitments of the Lenders shall be deemed used from time to time to the extent of the aggregate amount of the B Advances then outstanding and at any time of determination, such deemed use of the aggregate amount of the Commitments shall be applied to the Lenders ratably according to their respective Commitments in effect at such time of determination (such deemed use of the aggregate amount of the Commitments being a "B Reduction"); and provided further that in no event shall the Swingline Lender be obligated to make any loan hereunder if, after making such loan and giving effect to the application of any funds made available at such time to prepay or repay any outstanding Swingline Loan, the sum of (A) the aggregate principal amount of A Advances. Swingline Loans and LC Exposure at such time outstanding exceeds an amount equal to (i) the aggregate Commitment less (II) the aggregate B Reduction. Each A Borrowing shall be in an aggregate amount not less than $5,000,000 20,000,000 or an integral multiple of $1,000,000 in excess thereof (or, if less, an aggregate amount equal to the difference between the aggregate amount of a proposed B Borrowing requested by the Borrower and the aggregate amount of B Advances offered to be made by the Lenders and accepted by the Borrower in respect of such B Borrowing, if such B Borrowing is made on the same date as such A Borrowing) and shall consist of A Advances of the same Type made on the same day to the Borrower by the Lenders ratably according to their respective Commitments. Within the limits of each Lender's Commitment, the Borrower may from time to time borrow, until the Commitment Termination Dateborrow under this Section 2.01, prepay pursuant to Section 2.06(c2.13(b) and reborrow under this Section 2.01.

Appears in 1 contract

Samples: Credit Agreement (Supervalu Inc)

The A Advances. Each A Lender severally agrees, on the terms and conditions hereinafter set forth, to make A Advances to the Borrower from time to time on any Business Day during the period from the Second Amended and Restated Effective Date date hereof until the Revolver Termination Date of such Lender in an aggregate amount not to exceed at any time outstanding the amount set opposite such A Lender's name on Schedule III hereto orA Commitment, if such Lender has entered into any Assignment and Acceptanceprovided, set forth for such Lender in the Register maintained by the Agent pursuant to Section 8.07(c)that, as such amount may be reduced pursuant to Section 2.05 (such Lender's "Commitment"), provided that the aggregate amount of the A Commitments of the A Lenders shall be deemed used from time to time to the extent of the aggregate amount of the B Advances then outstanding and at any time of determination, such deemed use of the aggregate amount of the A Commitments shall be applied to the A Lenders ratably according to their respective A Commitments in effect at such time of determination (such deemed use of the aggregate amount of the A Commitments being a "B Reduction"). Each A Borrowing shall be in an aggregate amount not less than (i) $5,000,000 or 15,000,000, in the case of an A Borrowing consisting of Eurodollar Rate Advances and (ii) $1,000,000, in the case of an A Borrowing consisting of Base Rate Advances, or, in each case, in integral multiple multiples of $1,000,000 in excess thereof and shall consist of A Advances of the same Type made on the same day to the Borrower by the A Lenders ratably according to their respective A Commitments. Within the limits of each A Lender's A Commitment, the Borrower may from time to time borrow, until the Commitment Termination Date, prepay pursuant to Section 2.06(c2.11(b) and reborrow under this Section 2.01.

Appears in 1 contract

Samples: Credit Agreement (Gap Inc)

The A Advances. Each Lender severally agrees, on the terms and conditions hereinafter set forth, to make A Advances to the either Borrower from time to time on any Business Day during the period from the Second Amended and Restated Effective Date until the Termination Date of such Lender in an aggregate amount (together with the aggregate amount of A Advances made to the other Borrower that is outstanding at such time) not to exceed at any time outstanding the amount set opposite such Lender's name on Schedule III hereto the signature pages hereof or, if such Lender has entered into any Assignment and Acceptance, set forth for such Lender in the Register maintained by the Agent pursuant to Section 8.07(c9.07(c), as such amount may be reduced pursuant to Section 2.05 (such Lender's "Commitment"), provided that -------- the aggregate amount of the Commitments of the Lenders shall be deemed used from time to time to the extent of the aggregate amount of the B Advances then outstanding and at any time of determination, such deemed use of the aggregate amount of the Commitments shall be applied to the Lenders ratably according to their respective Commitments in effect at such time of determination (such deemed use of the aggregate amount of the Commitments being a "B Reduction"). Each A Borrowing shall be in an aggregate amount not less than $5,000,000 or an integral multiple of $1,000,000 in excess thereof and shall consist of A Advances of the same Type made on the same day to the same Borrower by the Lenders ratably according to their respective Commitments. Within the limits of each Lender's Commitment, the each Borrower may from time to time borrow, until the Commitment Termination Date, prepay pursuant to Section 2.06(c2.06(d) and reborrow under this Section 2.01.

Appears in 1 contract

Samples: Credit Agreement (Computer Sciences Corp)

The A Advances. Each Lender severally agrees, on the terms and conditions hereinafter set forth, to make A Advances to the either Borrower from time to time on any Business Day during the period from the Second Amended and Restated Effective Date until the Termination Date of such Lender in an aggregate amount (together with the aggregate amount of A Advances made to the other Borrower that is outstanding at such time) not to exceed at any time outstanding the amount set opposite such Lender's name on Schedule III hereto the signature pages hereof or, if such Lender has entered into any Assignment and Acceptance, set forth for such Lender in the Register maintained by the Agent pursuant to Section 8.07(c9.07(c), as such amount may be reduced pursuant to Section 2.05 (such Lender's "Commitment"), provided that (a) the aggregate amount of the Commitments of the Lenders shall be deemed used from time to time to the extent of the aggregate amount of the B Advances then outstanding and at any time of determination, such deemed use of the aggregate amount of the Commitments shall be applied to the Lenders ratably according to their respective Commitments in effect at such time of determination (such deemed use of the aggregate amount of the Commitments being a "B Reduction") and (b) the aggregate amount of the Commitments of the Lenders shall be deemed used from time to time to the extent of the aggregate principal amount of Commercial Paper outstanding (such deemed use of the aggregate amount of the Commitments being a "CP Reduction"), provided that the Commitments of the Lenders shall not be deemed to be so used under this clause (b) (and therefore the Commitments shall not be reduced by a CP Reduction) in the case of any requested Borrowing the proceeds of which are used to repay Commercial Paper. Each A Borrowing shall be in an aggregate amount not less than $5,000,000 or an integral multiple of $1,000,000 in excess thereof and shall consist of A Advances of the same Type made on the same day to the same Borrower by the Lenders ratably according to their respective Commitments. Within the limits of each Lender's Commitment, the each Borrower may from time to time borrow, until the Commitment Termination Date, prepay pursuant to Section 2.06(c2.06(d) and reborrow under this Section 2.01.

Appears in 1 contract

Samples: Credit Agreement (Computer Sciences Corp)

The A Advances. (a) Each Lender severally agrees, on the terms and conditions hereinafter set forth, to make A Advances to the Borrower from time to time on any Business Day during the period from the Second Amended date hereof to and Restated Effective Date until including the Commitment Termination Date of such Lender Date, in an aggregate amount outstanding not to exceed at any time outstanding the amount set opposite such Lender's name on Schedule III hereto the signature pages hereof or, if such Lender has entered into any Assignment and Acceptance, set forth for such Lender in the Register maintained by the Administrative Agent pursuant to Section 8.07(c), as such amount may be reduced pursuant to Section 2.05 (such Lender's "CommitmentCOMMITMENT"); provided, provided that the aggregate amount of the Commitments of the Lenders shall be deemed used from time to time to the extent of the aggregate amount of the B Advances then outstanding and at any time of determination, such deemed use of the aggregate amount of the Commitments shall be applied to the Lenders ratably according to their respective Commitments in effect at such time of determination (such deemed use of the aggregate amount of the Commitments being a "B ReductionREDUCTION"). Each A Borrowing shall be in an aggregate amount not less than $5,000,000 10,000,000 or an integral multiple of $1,000,000 in excess thereof and shall consist of A Advances of the same Type made on the same day to the Borrower by the Lenders ratably according to their respective Commitments. Within Until the Commitment Termination Date, within the limits of each Lender's Commitment, the Borrower may from time to time borrow, until the Commitment Termination Date, repay pursuant to Section 2.06 or prepay pursuant to Section 2.06(c2.11(b) and reborrow under this Section 2.01. (b) Any Lender may request that any A Advances made by it be evidenced by one or more promissory notes. In such event, the Borrower shall prepare, execute and deliver to such Lender one or more promissory notes payable to the order of such Lender (or, if requested by such Lender, to such Lender and its assignees) and in a form approved by the Administrative Agent.

Appears in 1 contract

Samples: 364 Day Revolving Credit Agreement (Cp&l Energy Inc)

The A Advances. Each Lender severally agrees, on the terms and conditions hereinafter set forth, to make A Advances to the Borrower from time to time on any Business Day during the period from the Second Amended and Restated Effective Date until the Termination Date of such Lender in an aggregate amount not to exceed at any time outstanding the amount set opposite such Lender's name on Schedule III II hereto or, if such Lender has entered into any Assignment and Acceptance, set forth for such Lender in the Register maintained by the Agent pursuant to Section 8.07(c), as such amount may be reduced pursuant to Section 2.05 (such Lender's "Commitment"), provided that the aggregate amount of the Commitments of the Lenders shall be deemed used from time to time to the extent of the aggregate amount of the B Advances then outstanding and at any time of determination, such deemed use of the aggregate amount of the Commitments shall be applied to the Lenders ratably according to their respective Commitments in effect at such time of determination (such deemed use of the aggregate amount of the Commitments being a "B Reduction"). Each A Borrowing shall be in an aggregate amount not less than $5,000,000 or an integral multiple of $1,000,000 in excess thereof and shall consist of A Advances of the same Type made on the same day to the Borrower by the Lenders ratably according to their respective Commitments. Within the limits of each Lender's Commitment, the Borrower may from time to time borrow, until the Commitment Termination Date, prepay pursuant to Section 2.06(c) and reborrow under this Section 2.01.

Appears in 1 contract

Samples: Credit Agreement (Computer Sciences Corp)

The A Advances. Each Lender severally agrees, on the terms and conditions hereinafter set forth, to make A Advances to the either Borrower from time to time on any Business Day during the period from the Second Amended and Restated Effective Date until the Termination Date of such Lender in an aggregate amount (together with the aggregate amount of A Advances made to the other Borrower that is outstanding at such time) not to exceed at any time outstanding the amount set opposite such Lender's name on the Schedule III IV hereto or, if such Lender has entered into any Assignment and Acceptance, set forth for such Lender in the Register maintained by the Agent pursuant to Section 8.07(c9.07(c), as such amount may be reduced pursuant to Section 2.05 (such Lender's "Commitment"), ; provided -------- that the aggregate amount of the Commitments of the Lenders shall be deemed used from time to time to the extent of the aggregate amount of the B Advances then outstanding and at any time of determination, such deemed use of the aggregate amount of the Commitments shall be applied to the Lenders ratably according to their respective Commitments in effect at such time of determination (such deemed use of the aggregate amount of the Commitments being a "B Reduction"). Each A Borrowing shall be in an aggregate amount not less than $5,000,000 or an integral multiple of $1,000,000 in excess thereof and shall consist of A Advances of the same Type made on the same day to the same Borrower by the Lenders ratably according to their respective Commitments. Within the limits of each Lender's Commitment, the each Borrower may from time to time borrow, until the Commitment Termination Date, prepay pursuant to Section 2.06(c2.06(d) and reborrow under this Section 2.01.

Appears in 1 contract

Samples: Credit Agreement (Short Term Facility) (Computer Sciences Corp)

The A Advances. Each Lender severally agrees, on the terms and conditions hereinafter set forth, to make A Advances to the Borrower from time to time on any Business Day during the period from the Second Amended date hereof to and Restated Effective Date until including the Termination Date of such Lender in an aggregate amount not to exceed at any time outstanding the amount set forth opposite such Lender's name on Schedule III hereto the signature pages hereof under the caption "Commitments", or, if such Lender has entered into any Assignment and AcceptanceAcceptance or Increase Agreement, set forth for such Lender in the Register maintained by the Agent pursuant to Section 8.07(c), as such amount may be reduced pursuant to Section 2.05 2.04 (such Lender's "Commitment"), provided that the aggregate amount of the Commitments of the Lenders shall be deemed used from time to time to the extent of the aggregate amount of the B Advances then outstanding and at any time of determination, such deemed use of the aggregate amount of the such Commitments shall be applied to all the Lenders ratably according to their respective Commitments in effect at such time of determination (such deemed use of the aggregate amount of the Commitments being a "B Reduction"). Each A Borrowing shall be in an aggregate amount not less than of $5,000,000 or 10,000,000 in the case of an A Borrowing comprised of Base Rate Advances and $25,000,000 in the case of an A Borrowing comprised of Eurodollar Rate Advances, or, in either case an integral multiple of $1,000,000 in excess thereof (or, in the case of an A Borrowing of Base Rate Advances, the aggregate unused Commitments, if less) and shall consist of A Advances of the same Type made on the same day to the Borrower by the Lenders ratably according to their respective Commitments. Within the limits of each Lender's Commitment, the Borrower may from time to time make more than one Borrowing on any Business Day and may borrow, until the Commitment Termination Date, prepay pursuant to Section 2.06(c) 2.10, and reborrow under this Section 2.01.

Appears in 1 contract

Samples: Long Term Revolving Credit Agreement (Burlington Resources Inc)

The A Advances. Each A Lender severally agrees, on the -------------- terms and conditions hereinafter set forth, to make A Advances to the Borrower from time to time on any Business Day during the period from the Second Amended and Restated Effective Date date hereof until the Revolver Termination Date of such Lender in an aggregate amount not to exceed at any time outstanding the amount set opposite such A Lender's name on Schedule III hereto orA Commitment, if such Lender has entered into any Assignment and Acceptanceprovided, set forth for such Lender in the Register maintained by the Agent pursuant to Section 8.07(c)that, as such amount may be reduced pursuant to Section 2.05 (such Lender's "Commitment"), provided that the aggregate -------- ---- amount of the A Commitments of the A Lenders shall be deemed used from time to time to the extent of the aggregate amount of the B Advances then outstanding and at any time of determination, such deemed use of the aggregate amount of the A Commitments shall be applied to the A Lenders ratably according to their respective A Commitments in effect at such time of determination (such deemed use of the aggregate amount of the A Commitments being a "B - Reduction"), provided, further, that, the A Lenders shall not be obligated to, --------- -------- ------- ---- and shall not, make any A Advances as part of a Supplemental A Borrowing if after giving effect to such Supplemental A Borrowing, the sum of the then outstanding principal amount of all Supplemental A Borrowings and the then outstanding aggregate amount of all Letter of Credit Liability shall exceed $600,000,000. Each A Borrowing shall be in an aggregate amount not less than (i) $5,000,000 or 15,000,000, in the case of an A Borrowing consisting of Eurodollar Rate Advances and (ii) $1,000,000, in the case of an A Borrowing consisting of Base Rate Advances, or, in each case, in integral multiple multiples of $1,000,000 in excess thereof and shall consist of A Advances of the same Type made on the same day to the Borrower by the A Lenders ratably according to their respective A Commitments. Within the limits of each A Lender's A Commitment, the Borrower may from time to time borrow, until the Commitment Termination Date, prepay pursuant to Section 2.06(c2.11(b) and reborrow under this Section 2.01.

Appears in 1 contract

Samples: Credit Agreement (Gap Inc)

The A Advances. Each Lender severally agrees, on the terms and conditions hereinafter set forth, to make A Advances to the either Borrower from time to time on any Business Day during the period from the Second Amended and Restated Effective Date until the Termination Date of such Lender in an aggregate amount (together with the aggregate amount of A Advances made to the other Borrower that is outstanding at such time) not to exceed at any time outstanding the amount set opposite such Lender's name on Schedule III hereto the signature pages hereof or, if such Lender has entered into any Assignment and Acceptance, set forth for such Lender in the Register maintained by the Agent pursuant to Section 8.07(c9.07(c), as such amount may be reduced pursuant to Section 2.05 (such Lender's "Commitment"), ; provided that the aggregate amount of the Commitments of the Lenders shall be deemed used from time to time to the extent of the aggregate amount of the B Advances then outstanding and at any time of determination, such deemed use of the aggregate amount of the Commitments shall be applied to the Lenders ratably according to their respective Commitments in effect at such time of determination (such deemed use of the aggregate amount of the Commitments being a "B Reduction"). Each A Borrowing shall be in an aggregate amount not less than $5,000,000 or an integral multiple of $1,000,000 in excess thereof and shall consist of A Advances of the same Type made on the same day to the same Borrower by the Lenders ratably according to their respective Commitments. Within the limits of each Lender's Commitment, the each Borrower may from time to time borrow, until the Commitment Termination Date, prepay pursuant to Section 2.06(c2.06(d) and reborrow under this Section 2.01.

Appears in 1 contract

Samples: Credit Agreement (Computer Sciences Corp)

The A Advances. (a) Each Lender severally agrees, on the terms and conditions hereinafter set forth, to make A Advances to the Borrower from time to time on any Business Day during the period from the Second Amended and Restated Effective Date until the Commitment Termination Date of such Lender in an aggregate amount not to exceed at any time outstanding the amount set opposite such Lender's ’s name on Schedule III I hereto or, if such Lender has entered into any an Assignment and Acceptance, set forth for such Lender in the Register maintained by the Agent pursuant to Section 8.07(c)Register, as such amount may be reduced pursuant to Section 2.05 2.05(a) or increased pursuant to Section 2.05(c) (such Lender's "’s “Commitment"), provided that the aggregate amount of the Commitments of the Lenders shall be deemed used from time to time to the extent of the aggregate amount of the B Advances then outstanding and at any time of determination, such deemed use of the aggregate amount of the Commitments shall be applied to allocated among the respective Commitments of the Lenders ratably according to their respective such Commitments in effect at such time of determination (such deemed use of the aggregate amount of the Commitments being a "B Reduction"). . (b) Each A Borrowing and each Conversion or Continuation thereof (i) shall (except as otherwise provided in Sections 2.09(f) and (g)) be in an aggregate amount not less than $5,000,000 10,000,000 or an integral multiple of $1,000,000 in excess thereof and (ii) shall consist of A Advances of the same Type made (and, if such Advances are Eurodollar Rate Advances, having the same Interest Period) made, Continued or Converted on the same day to the Borrower by the Lenders ratably according to their respective Commitments. Within the limits of each Lender's ’s Commitment, the Borrower may from time to time borrow, until the Commitment Termination Date, prepay pursuant to Section 2.06(c2.11(b) and reborrow under this Section 2.01.

Appears in 1 contract

Samples: Credit Agreement (Mony Group Inc)

The A Advances. Each Lender severally agrees, on the terms and conditions hereinafter set forth, to make A Advances to the Borrower or a Borrowing Subsidiary from time to time on any Business Day during the period from the Second Amended and Restated Effective Date date hereof until the Termination Date of such Lender in an aggregate amount not to exceed at any time outstanding the amount set opposite such Lender's name on Schedule III hereto the signature pages hereof or, if such Lender has entered into an Assumption Agreement, set forth for such Lender in such Assumption Agreement or, if such Lender has entered into any Assignment and Acceptance, set forth for such Lender in the Register maintained by the Administrative Agent pursuant to Section 8.07(c), as such amount may be reduced pursuant to Section 2.05 (such Lender's "CommitmentCOMMITMENT"), provided PROVIDED that the aggregate amount of the Commitments of the Lenders shall be deemed used from time to time to the extent of the aggregate amount of the B Advances then outstanding and at any time of determination, such deemed use of the aggregate amount of the Commitments shall be applied to the Lenders ratably according to their respective Commitments in effect at such time of determination (such deemed use of the aggregate amount of the Commitments being a "B ReductionREDUCTION"). Each A Borrowing shall be in an aggregate amount not less than $5,000,000 10,000,000 or an integral multiple of $1,000,000 in excess thereof (unless the aggregate amount of the unused Commitments is less than $10,000,000, in which case such Borrowing shall be equal to the aggregate amount of the unused Commitments) and shall consist of A Advances of the same Type and having the same Interest Period made on the same day to the Borrower by the Lenders ratably according to their respective Commitments. Within the limits of each Lender's Commitment, the Borrower may from time to time borrow, until the Commitment Termination Date, repay pursuant to Section 2.06 or prepay pursuant to Section 2.06(c2.10 or 2.11(c) and reborrow under this Section 2.01.

Appears in 1 contract

Samples: Credit Agreement (Colgate Palmolive Co)

The A Advances. Each Lender severally agrees, on the terms and conditions hereinafter set forth, to make A Advances to the Borrower from time to time on any Business Day during the period from the Second Amended and Restated Effective Date until the Termination Date of such Lender in an aggregate amount not to exceed at any time outstanding the amount set opposite such Lender's ’s name on Schedule III II hereto or, if such Lender has entered into any Assignment and Acceptance, set forth for such Lender in the Register maintained by the Agent pursuant to Section 8.07(c), as such amount may be reduced pursuant to Section 2.05 (such Lender's "’s “Commitment"), provided that the aggregate amount of the Commitments of the Lenders shall be deemed used from time to time to the extent of the aggregate amount of the B Advances then outstanding and at any time of determination, such deemed use of the aggregate amount of the Commitments shall be applied to the Lenders ratably according to their respective Commitments in effect at such time of determination (such deemed use of the aggregate amount of the Commitments being a "B Reduction"). Each A Borrowing shall be in an aggregate amount not less than $5,000,000 or an integral multiple of $1,000,000 in excess thereof and shall consist of A Advances of the same Type made on the same day to the Borrower by the Lenders ratably according to their respective Commitments. Within the limits of each Lender's ’s Commitment, the Borrower may from time to time borrow, until the Commitment Termination Date, prepay pursuant to Section 2.06(c) and reborrow under this Section 2.01.

Appears in 1 contract

Samples: Credit Agreement (Computer Sciences Corp)

The A Advances. Each Lender severally agrees, on the terms and conditions hereinafter set forth, to make A Advances to the Borrower in Dollars from time to time on any Business Day during the period from the Second Amended and Restated Effective Date date hereof until the Termination Date of such Lender in an aggregate amount not to exceed at any time outstanding the amount set forth opposite such Lender's name on Schedule III hereto II or, if such Lender has entered into any Assignment and AcceptanceAcceptance after the Effective Date, set forth for such Lender in the Register maintained by the Agent pursuant to Section 8.07(c), as such amount may be reduced pursuant to Section 2.05 (such Lender's "Commitment"), minus, except in the case of a Borrowing described in Section 3.04 or 3.05, such Lender's ratable share of the Reserve Amount, based on such Lender's share of the aggregate amount of the Commitments of the Lenders, provided that the aggregate amount of the Commitments of the Lenders shall be in each case deemed used from time to time to the extent of the aggregate amount of the B Advances then outstanding and at any time of determination, such deemed use of the aggregate amount of the Commitments shall be applied to the Lenders ratably according to their respective Commitments in effect at such time of determination (such deemed use of the aggregate amount of the Commitments being a "B Reduction"), and provided further that Advances made under Section 3.04 or 3.05 shall not exceed in the aggregate, either (i) the aggregate of the Xxxxx Acquisition Prices, if all of the Xxxxx Acquisitions have been consummated, or (ii) $140,000,000 (less the Xxxxx Acquisition Price for each of the Xxxxx Acquisitions that have been consummated) if all of the Xxxxx Acquisitions have not been consummated. Each A Borrowing shall be in an aggregate amount not less than $5,000,000 or an integral multiple of $1,000,000 in excess thereof (or, if less, an aggregate amount equal to the difference between the aggregate amount of a proposed B Borrowing requested by the Borrower and the aggregate amount of B Advances offered to be made by the Lenders and accepted by the Borrower in respect of such B Borrowing, if such B Borrowing is made on the same date as such A Borrowing) and shall consist of A Advances of the same Type made on the same day to the Borrower by the Lenders ratably according to their respective Commitments. Within the limits of each Lender's Commitment, the Borrower may from time to time borrow, until the Commitment Termination Date, prepay pursuant to Section 2.06(c) 2.10 and reborrow under this Section 2.01.

Appears in 1 contract

Samples: Credit Agreement (Century Communications Corp)

The A Advances. Each Lender severally agrees, agrees on the terms and conditions hereinafter set forth, to make A Advances to the Borrower from time to time on any Business Day during the period from the Second Amended and Restated Effective Date until the Termination Date in amounts such that the sum of (x) the aggregate principal amount of A Advances by such Lender in an aggregate amount not to exceed plus (y) such Lender’s Swingline Exposure plus (z) such Lender’s LC Exposure at any one time outstanding the amount set opposite shall not exceed such Lender's name on Schedule III hereto or, if such Lender has entered into any Assignment and Acceptance, set forth for such Lender in the Register maintained by the Agent pursuant to Section 8.07(c), as such amount may be reduced pursuant to Section 2.05 (such Lender's "’s Commitment"), provided that the aggregate amount of the Commitments of the Lenders shall be deemed used from time to time to the extent of the aggregate amount of the B Advances then outstanding and at any time of determination, such deemed use of the aggregate amount of the Commitments shall be applied to the Lenders ratably according to their respective Commitments in effect at such time of determination (such deemed use of the aggregate amount of the Commitments being a "B Reduction"), and provided further that in no event shall the Swingline Lender be obligated to make any loan hereunder if, after making such loan and giving effect to the application of any funds made available at such time to prepay or repay any outstanding Swingline Loan, the sum of the aggregate principal amount of A Advances, Swingline Loans and LC Exposure at such time outstanding exceeds an amount equal to (i) the aggregate Commitment less (ii) the aggregate B Reduction. Each A Borrowing shall be in an aggregate amount not less than $5,000,000 20,000,000 or an integral multiple of $1,000,000 in excess thereof (or, if less, an aggregate amount equal to the difference between the aggregate amount of a proposed B Borrowing requested by the Borrower and the aggregate amount of B Advances offered to be made by the Lenders and accepted by the Borrower in respect of such B Borrowing, if such B Borrowing is made on the same date as such A Borrowing) and shall consist of A Advances of the same Type made on the same day to the Borrower by the Lenders ratably according to their respective Commitments. Within the limits of each Lender's ’s Commitment, the Borrower may from time to time borrow, until the Commitment Termination Dateborrow under this Section 2.01, prepay pursuant to Section 2.06(c2.13(b) and reborrow under this Section 2.01.

Appears in 1 contract

Samples: Credit Agreement (Supervalu Inc)

The A Advances. Each Lender severally agrees, on the terms and conditions hereinafter set forth, to make A Advances to the either Borrower from time to time on any Business Day during the period from the Second Amended and Restated Effective Date until the Termination Date of such Lender in an aggregate amount (together with the aggregate amount of A Advances made to the other Borrower that is outstanding at such time) not to exceed at any time outstanding the amount set opposite such Lender's name on Schedule III IV hereto or, if such Lender has entered into any Assignment and Acceptance, set forth for such Lender in the Register maintained by the Agent pursuant to Section 8.07(c9.07(c), as such amount may be reduced pursuant to Section 2.05 (such Lender's "Commitment"), provided that the aggregate amount of the Commitments of the Lenders shall be deemed used from time to time to the extent of the aggregate amount of the B Advances then outstanding and at any time of determination, such deemed use of the aggregate amount of the Commitments shall be applied to the Lenders ratably according to their respective Commitments in effect at such time of determination (such deemed use of the aggregate amount of the Commitments being a "B Reduction"). Each A Borrowing shall be in an aggregate amount not less than $5,000,000 or an integral multiple of $1,000,000 in excess thereof and shall consist of A Advances of the same Type made on the same day to the same Borrower by the Lenders ratably according to their respective Commitments. Within the limits of each Lender's Commitment, the each Borrower may from time to time borrow, until the Commitment Termination Date, prepay pursuant to Section 2.06(c2.06(d) and reborrow under this Section 2.01.

Appears in 1 contract

Samples: Credit Agreement (Long Term Facility) (Computer Sciences Corp)