The Commitments and the Extensions of Credit Sample Clauses

The Commitments and the Extensions of Credit. SECTION 2.1. The Commitments 15 SECTION 2.2. Method of Borrowing 15 SECTION 2.3. Funding of Borrowings 15 SECTION 2.4. Continuations and Conversions 16 SECTION 2.5. Minimum Amounts 16 SECTION 2.6. Reduction of the Commitments 17 SECTION 2.7. Extension of Maturity Date 17 SECTION 2.8. Letters of Credit 18 ARTICLE III PAYMENTS SECTION 3.1. Interest 23 SECTION 3.2. Prepayments 23 SECTION 3.3. Payment in full at Maturity 23 SECTION 3.4. Fees 24 SECTION 3.5. Place and Manner of Payments 24 SECTION 3.6. Pro Rata Treatment 24 SECTION 3.7. Computations of Interest and Fees 25 SECTION 3.8. Sharing of Payments 25 SECTION 3.9. Additional Interest on Advances 26 SECTION 3.10. Evidence of Debt 26 ARTICLE IV
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The Commitments and the Extensions of Credit 

Related to The Commitments and the Extensions of Credit

  • All Extensions of Credit The obligation of Lenders to make any Credit Extension hereunder (including the initial Credit Extension) is subject to the following additional conditions precedent:

  • The Commitments and Credit Extensions 2.01 The Loans.

  • Conditions to Extensions of Credit The obligation of any Lender to make any Extension of Credit hereunder is subject to the satisfaction of such of the following conditions on or prior to the proposed date of the making of such Extension of Credit:

  • Conditions to All Extensions of Credit The obligation of each Lender to make any Extension of Credit hereunder is subject to the satisfaction of the following conditions precedent on the date of making such Extension of Credit:

  • The Advances and the Letters of Credit Section 2.01 The Advances; Extension of Initial Maturity Date. ------------------------------------------------

  • Commitments and Credit Extensions 2.01 Revolving and Term Loans

  • Conditions to Initial Extensions of Credit The agreement of each Lender to make the initial extension of credit requested to be made by it is subject to the satisfaction, immediately prior to or concurrently with the making of such extension of credit on the Closing Date, of the following conditions precedent:

  • Extensions of Credit The Extensions of Credit made by each Lender shall be evidenced by one or more accounts or records maintained by such Lender and by the Administrative Agent in the ordinary course of business. The accounts or records maintained by the Administrative Agent and each Lender shall be conclusive absent manifest error of the amount of the Extensions of Credit made by the Lenders to the Borrower and the interest and payments thereon. Any failure to so record or any error in doing so shall not, however, limit or otherwise affect the obligation of the Borrower hereunder to pay any amount owing with respect to the Obligations. In the event of any conflict between the accounts and records maintained by any Lender and the accounts and records of the Administrative Agent in respect of such matters, the accounts and records of the Administrative Agent shall control in the absence of manifest error. Upon the request of any Lender made through the Administrative Agent, the Borrower shall execute and deliver to such Lender (through the Administrative Agent) a Revolving Credit Note and/or Swingline Note, as applicable, which shall evidence such Lender’s Revolving Credit Loans and/or Swingline Loans, as applicable, in addition to such accounts or records. Each Lender may attach schedules to its Notes and endorse thereon the date, amount and maturity of its Loans and payments with respect thereto.

  • Conditions of Credit Extensions The obligations of the Lenders to make Loans hereunder are subject to the satisfaction of the following conditions:

  • Nature of Obligations of Lenders Regarding Extensions of Credit The obligations of the Lenders under this Agreement to make the Loans and issue or participate in Letters of Credit are several and are not joint or joint and several. The failure of any Lender to make available its Commitment Percentage of any Loan requested by the Borrower shall not relieve it or any other Lender of its obligation, if any, hereunder to make its Commitment Percentage of such Loan available on the borrowing date, but no Lender shall be responsible for the failure of any other Lender to make its Commitment Percentage of such Loan available on the borrowing date.

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