The Borrowings Sample Clauses

The Borrowings. (a) Subject to the terms and conditions of this Agreement, the Borrowers agree that (x) they will request loans (the “Loans”) in such amounts, and the Intercompany Lender agrees to make Loans in such amounts, as shall be necessary to ensure compliance with the Borrowing Base and other requirements under the Credit Agreement, including without limitation, those requirements set out in Section 2.03(b) of the Credit Agreement and (y) they shall from time to time pledge Loan Receivables to the Intercompany Lender pursuant to the Intercompany Security Documents such that after applying the percentage discounts in the definition of Borrowing Base in the Credit Agreement to the Loan Receivables so pledged, the Borrowing Base is not less than the outstanding principal amount of the Loans (as defined in the Credit Agreement). (b) At the time of each borrowing of Loans hereunder the relevant Borrowers shall immediately become indebted to the Intercompany Lender for the amount of each such borrowing. (c) The initial Loans being made hereunder on the Closing Date are shown on the schedule attached hereto (the “Loan Schedule”), and by execution of this Agreement each Borrower acknowledges receipt of the Loans made to it as set forth on the Loan Schedule, and requests that the Intercompany Lender transfer the amounts represented by such Loans to American General Finance Corporation, an Indiana corporation (“AGFC”) on its behalf, for credit to the repayment of each such Borrower’s intercompany loans with AGFC. (d) The Intercompany Lender shall maintain a schedule in respect of each Borrower that reflects the aggregate amount of Loans made to such Borrower hereunder at any time (the “Intercompany Loan Schedule”).

The Borrowings. Subject to the terms and conditions set forth herein, each Term Lender severally agrees to make to the Borrower on the Closing Date loans denominated in Dollars in an aggregate amount not to exceed the amount of such Term Lender’s Initial Term Commitment. Amounts borrowed under this Section 2.01(a) and repaid or prepaid may not be reborrowed. Term Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein. The Initial Term Commitments will terminate at 5:00 p.m., New York City Time, on the Closing Date, if the Initial Term Loans have not been made prior to such time.

The Borrowings. (a) Lender agrees, on the terms and subject to the conditions set forth in this Agreement, during the period from the date of this Agreement to the Maturity Date, to make Advances to Borrower from time to time on any Business Day in an aggregate amount not to exceed the Unused Commitment. Lender will have no obligation to make any Advances on or after the Maturity Date. Lender will have no obligation to make more than three Advances in any calendar month. (b) Each request for an Advance must be in an amount not less than $50,000 or an integral multiple of $10,000 in excess thereof; provided, that Borrower may, subject to the other terms and conditions of this Agreement, request an Advance in the amount of the entire Unused Commitment. (c) Borrower may prepay all or any part of any the outstanding principal balance of the Loan pursuant to Section 2.11 and reborrow pursuant to this Section 2.3.

The Borrowings. Subject to the terms and conditions set forth herein, each Initial Term Lender severally agrees to make to the Borrower a single loan denominated in Dollars in a principal amount equal to such Term Lender’s Term Commitment on the Closing Date. Amounts borrowed under this Section 2.01 and repaid or prepaid may not be reborrowed. The Initial Term Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.

The Borrowings. Each Lender hereby severally agrees, subject to the terms and conditions of this Agreement, to make two advances (each, an "Advance") to the Borrower in an aggregate amount not to exceed such Lender's Commitment as follows: (a) the initial such Advance shall be made on the Closing Date (which shall occur on any Business Day during the period from the date hereof until the Termination Date); provided that the aggregate amount of all such Advances by the Lenders shall not exceed $738,317,051.91 and (b) the second such Advance shall be made on any Business Day during the period from the day next succeeding the Closing Date up to the date that is 60 days after the Closing Date; provided that the aggregate amount of all such Advances by the Lenders shall not exceed $330,682,948.

The Borrowings. (a) [Reserved].

The Borrowings. Subject to the terms and conditions set forth herein, each Second Lien Lender severally agrees to make a loan on the Closing Date to the Borrower (each, a “Second Lien Loan” and, collectively, the “Second Lien Loans”) in an amount denominated in Dollars equal to such Second Lien Lender’s Second Lien Commitment. Amounts borrowed under this Section 2.01(a) and repaid or prepaid may not be reborrowed. Term Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

The Borrowings. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans in Dollars (each such loan, a “Loan”) to the Borrower from time to time but on no more than three (3) occasions, 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 Commitment; provided that after giving effect to any Borrowing, the Total Outstandings shall not exceed the Lenders’ aggregate Commitments at such time. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01 and prepay under Section 2.03. Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein. Each Borrowing shall be made on a pro rata basis as among the Commitments then in effect, considered collectively. Any amount borrowed under this Section 2.01 and repaid or prepaid may not be re-borrowed.

The Borrowings. (a) Subject to Section 2.12, each Borrowing shall be comprised entirely of Base Rate Loans or Eurodollar Rate Loans as the Borrower may request in accordance herewith. Each Lender at its option may make any Eurodollar Rate Loan by causing any domestic or foreign branch or Affiliate of such Lender to make such Term Loan; provided that any exercise of such option shall not affect the obligation of the Borrower to repay such Eurodollar Rate Loan in accordance with the terms of this Agreement. (b) Each Eurodollar Rate Borrowing shall be in an aggregate amount of $5,000,000 or a larger multiple of $100,000. Each Base Rate Borrowing shall be in an aggregate amount equal to $1,000,000 or a larger multiple of $100,000; provided that a Base Rate Borrowing may be in an aggregate amount that is equal to the entire unused balance of the Term Commitments. Borrowings of more than one Type may be outstanding at the same time; provided that there shall not be more than a total of ten Eurodollar Rate Borrowings outstanding under the Term Facility at any time. (c) Each Borrowing shall be made upon the Borrower’s irrevocable written notice to the Administrative Agent. Such notice must be given in the form of a Loan Notice and must be received by the Administrative Agent not later than 11:00 a.m. (New York City time) (i) in the case of a Eurodollar Rate Borrowing, three Business Days prior to the date of the requested Borrowing (except that for Eurodollar Rate Borrowings to be made on the Closing Date, such Loan Notice must only be received by the Administrative Agent two Business Days prior to the Closing Date) or (ii) in the case of a Base Rate Borrowing, one Business Day prior to the date of the requested Borrowing. (d) Each Loan Notice shall specify the following information in compliance with this Section 2.02: (i) the aggregate amount of the requested Borrowing; (ii) the date of such requested Borrowing (which shall be a Business Day); (iii) whether such Borrowing is to be a Base Rate Borrowing or Eurodollar Rate Borrowing; (iv) in the case of a Eurodollar Rate Borrowing, the Interest Period selected therefor; and (vi) the location and number of the Borrower’s account to which funds are to be disbursed. (e) Following receipt of a Loan Notice, the Administrative Agent shall promptly notify each Lender of the amount of its Applicable Percentage under the Term Facility. Each Lender shall make the amount of its Loan available to the Administrative Agent in immediately avail...