The Commitments and Credit Extensions. 2.01. The Revolving Credit Facility. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (“Loans”) to the Borrower 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 Commitment; provided, however, that after giving effect to any Borrowing, (i) the Total Outstandings shall not exceed the Revolving Credit Facility, and (ii) the aggregate Outstanding Amount of the Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations shall not exceed such Lender’s Commitment. 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, prepay under Section 2.05, and reborrow under this Section 2.01. Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein. All Existing Loans shall be deemed to have been made pursuant hereto, and from and after the Closing Date shall be subject to and governed by the terms and conditions hereof.
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Samples: Credit Agreement (Alexion Pharmaceuticals Inc), Credit Agreement (Alexion Pharmaceuticals Inc)
The Commitments and Credit Extensions. 2.01. The Revolving Credit Facility. Loans.
1.07 Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “LoansLoan”) to the Borrower from time to time, on any Business Day during the Availability Period Period, in an aggregate amount not to exceed at any time outstanding the lesser of (x) the amount of such Lender’s CommitmentCommitment and (y) such Lender’s Pro Rata share of the Borrowing Base; provided, however, that after giving effect to any Borrowing, (i) the Total Outstandings shall not exceed the Revolving Credit Facilitylesser of (x) the Aggregate Commitments and (y) the Borrowing Base, and (ii) the aggregate Outstanding Amount of the Loans of any Lender, Lender plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations shall not exceed the lesser of (x) such Lender’s CommitmentCommitment and (y) such Lender’s Pro Rata share of the Borrowing Base. 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, prepay under Section 2.05, and reborrow under this Section 2.01. Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein. All Existing Loans shall be deemed to have been made pursuant hereto, and from and after the Closing Date shall be subject to and governed by the terms and conditions hereof.
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The Commitments and Credit Extensions. 2.01. The Revolving Credit Facility2.01 Loans . Subject to the terms and conditions and relying upon the representations and warranties set forth herein, each Lender Lender, severally and not jointly, agrees to make loans (each such loan, a “LoansLoan”) to the Borrower from time to 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 Commitment; provided, however, that after giving effect to any Borrowing, (i) the Total Outstandings Outstanding Amount shall not exceed the Revolving Credit FacilityAggregate Commitments, and (ii) the aggregate Outstanding Amount of the Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations Lender shall not exceed such Lender’s Commitment, and (iii) the Outstanding Amount shall not exceed the Borrowing Base. 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, prepay under Section 2.052.03, and reborrow under this Section 2.01. Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein. All Existing Loans shall be deemed to have been made pursuant hereto, and from and after the Closing Date shall be subject to and governed by the terms and conditions hereof.
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The Commitments and Credit Extensions. 2.01. The Revolving Credit Facility. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (“Loans”) to the Borrower 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 Commitment; provided, however, that after giving effect to any Borrowing, (i) the Total Outstandings shall not exceed the lesser of (x) the Borrowing Base and (y) Revolving Credit Facility, and (ii) the aggregate Outstanding Amount of the Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations shall not exceed such Lender’s Commitment. 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, prepay under Section 2.05, and reborrow under this Section 2.01. Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein. All Existing Loans shall be deemed to have been made pursuant hereto, and from and after the Closing Date shall be subject to and governed by the terms and conditions hereof.
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The Commitments and Credit Extensions. 2.01. The Loans.
(a) U.S. Dollar Revolving Credit FacilityLoans. Subject to Each Lender with a U.S. Dollar Commitment severally agrees, on the terms and conditions set forth herein, each Lender severally agrees to make loans (each a “LoansU.S. Dollar Revolving Loan”) in Dollars to the Borrower Company from time to time, time on any Business Day during the Availability Period in an aggregate amount not to exceed such Xxxxxx’s U.S. Dollar Commitment at any time outstanding the amount of such Lender’s Commitmenttime; provided, however, that after giving effect to any BorrowingRevolving Borrowing under this Section 2.01(a), (i) the Total Outstandings Outstanding Amount of Revolving Loans, Bid Loans, Swing Line Loans and L/C Obligations shall not exceed the Revolving Credit FacilityAggregate Commitments, and (ii) the aggregate Outstanding Amount of Revolving Loans and L/C Obligations under the U.S. Dollar Tranche shall not exceed the Applicable Sublimit and (iii) the aggregate Outstanding Amount of the U.S. Dollar Revolving Loans of any Lender, plus such Lender’s Applicable U.S. Dollar Percentage of the Outstanding Amount of all U.S. Dollar L/C Obligations shall not exceed such Lender’s U.S. Dollar Commitment. Within the limits of each Lender’s U.S. Dollar Commitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.012.01(a), prepay under Section 2.052.06, and reborrow under this Section 2.012.01(a). U.S. Dollar Revolving Loans may be Base Rate Loans, Daily Simple SOFR Loans or Eurodollar Rate Term SOFR Loans, as further provided herein. All Existing Loans shall be deemed to have been made pursuant hereto, and from and after the Closing Date shall be subject to and governed by the terms and conditions hereof.
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The Commitments and Credit Extensions. 2.01. The 2.01 Revolving Credit FacilityLoans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “LoansRevolving Loan”) to the Borrower Borrowers from time to time, on any Business Day during the Availability Period Period, in an aggregate amount not to exceed at any time outstanding the lesser of (x) the amount of such Lender’s Commitment, or (y) such Lender’s Applicable Percentage of the Borrowing Base; provided, however, that provided that:
(a) after giving effect to any Revolving Borrowing, (ix) the Total Outstandings shall not exceed the Revolving Credit FacilityLoan Cap, and (iiy) 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 Commitment; and
(b) the Outstanding Amount of all L/C Obligations shall not at any time exceed the Letter of Credit Sublimit. Within the limits of each Lender’s CommitmentCommitments, 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. Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein. All Existing Loans shall be deemed to have been made pursuant hereto, and from and after the Closing Date shall be subject to and governed by the terms and conditions hereof.
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