Common use of The Committed Loans Clause in Contracts

The Committed Loans. (a) Each Bank severally agrees, on the terms and subject to the conditions hereinafter set forth, to make revolving credit Loans (the "Committed Loans") to the Borrower from time to time on any Business Day during the period from the Closing Date until the earlier of (i) the Termination Date or (ii) the Replacement Date, in an aggregate principal amount outstanding, which, when added to such Bank's Pro Rata Percentage of the then outstanding L/C Obligations, does not exceed at any time such Bank's Commitment; provided that no Committed Loan shall be made as a Committed LIBOR Rate Loan after the day that is one month prior to the Termination Date; and provided, further, that in no event shall the aggregate amount of Committed Loans, CAF Loans and L/C Obligations outstanding at any time exceed the aggregate amount of the Commitments at such time. (b) Each Committed Borrowing by the Borrower shall be in an aggregate principal amount not less than $10,000,000 (in the case of Committed LIBOR Rate Loans) or $5,000,000 (in the case of ABR Loans), or an integral multiple of $1,000,000 in excess thereof and shall consist of Loans of the same Type made on the same day by the Banks ratably according to their respective Pro Rata Percentages. Within the limits of the applicable Commitments, the Borrower may borrow, prepay pursuant to Section 5.5 and reborrow under this Section 2.1. The principal amount outstanding on the Committed Loans shall (i) upon the Replacement Date, continue as a loan under the Regco $2.5 Billion Credit Agreement or (ii) upon the Termination Date, mature and, together with accrued and unpaid interest thereon, be due and payable on such date. (c) So long as no Event of Default exists, upon the satisfaction or waiver of the conditions set forth in Section 6.01 of the Regco $2.5 Billion Credit Agreement, automatically and without any further consent or action required by any Bank, (i) Regco shall assume all obligations in respect of the Loans hereunder and all other monetary obligations in respect hereof, (ii) each Loan hereunder shall be continued as a Loan thereunder, (iii) each Letter of Credit hereunder shall be continued as a Letter of Credit thereunder, (iv) each Bank hereunder shall be a Bank thereunder and (v) this Agreement shall be superseded and replaced by, and deemed amended and restated in the form of, the Regco $2.5 Billion Credit Agreement attached hereto as Exhibit L (with such changes thereto deemed incorporated as necessary to reflect the identity of Regco and to make such other technical changes necessary to effectuate the intent of this clause (c)), and the commitments hereunder shall terminate.

The Committed Loans. (a) Each Bank severally agrees, on the terms and subject to the conditions hereinafter set forth, to make revolving credit Loans (the "Committed Loans") to the Borrower from time to time on any Business Day during the period from the Closing Date until the earlier of (i) the Termination Date or (ii) the Replacement Date, in an aggregate principal amount outstanding, which, when added to such Bank's Pro Rata Percentage of the then outstanding L/C Obligations, which does not exceed at any time such Bank's Commitment; provided that no Committed Loan shall be made as a Committed LIBOR Rate Loan after the day that is one month prior to the Termination Date; and provided, further, that in no event shall the aggregate amount of Committed Loans, CAF Loans and L/C Obligations outstanding at any time exceed the aggregate amount of the Commitments at such time. (b) Each Committed Borrowing by the Borrower shall be in an aggregate principal amount not less than $10,000,000 (in the case of Committed LIBOR Rate Loans) or $5,000,000 (in the case of ABR Loans), or an integral multiple of $1,000,000 in excess thereof and shall consist of Loans of the same Type made on the same day by the Banks ratably according to their respective Pro Rata Percentages. Within the limits of the applicable Commitments, the Borrower may borrow, prepay pursuant to Section 5.5 and reborrow under this Section 2.1. The principal amount outstanding on the Committed Loans shall (i) upon the Replacement Date, continue as a loan under the Regco $2.5 1.8 Billion Credit Agreement or (ii) upon the Termination Date, mature and, together with accrued and unpaid interest thereon, be due and payable on such date. (c) So long as no Event of Default exists, upon the satisfaction or waiver of the conditions set forth in Section 6.01 of the Regco $2.5 1.8 Billion Credit Agreement, automatically and without any further consent or action required by any Bank, (i) Regco shall assume all obligations in respect of the Loans hereunder and all other monetary obligations in respect hereof, (ii) each Loan hereunder shall be continued as a Loan thereunder, (iii) each Letter of Credit hereunder shall be continued as a Letter of Credit thereunder, (iv) each Bank hereunder shall be a Bank thereunder and (v) this Agreement shall be superseded and replaced by, and deemed amended and restated in the form of, the Regco $2.5 1.8 Billion Credit Agreement attached hereto as Exhibit L (with such changes thereto deemed incorporated as necessary to reflect the identity of Regco and to make such other technical changes necessary to effectuate the intent of this clause (c)), and the commitments hereunder shall terminate.

The Committed Loans. (a) Each Bank severally agrees, on the terms and subject to the conditions hereinafter set forth, to make revolving credit Loans (the "Committed Loans") to the Borrower from time to time on any Business Day during the period from the Closing Effective Date until the earlier of (i) the Termination Date or (ii) the Replacement Date, in an aggregate principal amount outstanding, which, when added not to such Bank's Pro Rata Percentage of the then outstanding L/C Obligations, does not exceed at any time outstanding such Bank's Commitment; provided that no Committed Loan shall be made as a Committed LIBOR Rate Loan after the day that is one month prior to the Termination Date; and provided, further, that in no event shall the aggregate principal amount of Committed Loans, Loans and CAF Loans and L/C Obligations outstanding at any time exceed the lesser of (i) $400,000,000 and (ii) the aggregate amount of the Commitments at such time. (b) . Each Committed Borrowing by the Borrower shall be in an aggregate principal amount not less than $10,000,000 (in the case of Committed LIBOR Rate Loans) or $5,000,000 (in the case of ABR Loans), or an integral multiple of $1,000,000 in excess thereof and shall consist of Loans of the same Type made on the same day by the Banks ratably according to their respective Pro Rata Percentages. Within the limits of the applicable Commitments, the Borrower may borrow, prepay pursuant to Section 5.5 5.05 and reborrow under this Section 2.12.01. The principal amount outstanding on the Committed Loans shall (i) upon the Replacement Date, continue as a loan under the Regco $2.5 Billion Credit Agreement or (ii) upon the Termination Date, mature and, together with accrued and unpaid interest thereon, shall be due and payable on such datethe Termination Date. (c) So long as no Event of Default exists, upon the satisfaction or waiver of the conditions set forth in Section 6.01 of the Regco $2.5 Billion Credit Agreement, automatically and without any further consent or action required by any Bank, (i) Regco shall assume all obligations in respect of the Loans hereunder and all other monetary obligations in respect hereof, (ii) each Loan hereunder shall be continued as a Loan thereunder, (iii) each Letter of Credit hereunder shall be continued as a Letter of Credit thereunder, (iv) each Bank hereunder shall be a Bank thereunder and (v) this Agreement shall be superseded and replaced by, and deemed amended and restated in the form of, the Regco $2.5 Billion Credit Agreement attached hereto as Exhibit L (with such changes thereto deemed incorporated as necessary to reflect the identity of Regco and to make such other technical changes necessary to effectuate the intent of this clause (c)), and the commitments hereunder shall terminate.

The Committed Loans. (a) Each Bank severally agrees, on the terms and subject to the conditions hereinafter set forth, to make revolving credit Loans (the "Committed Loans") to the Borrower from time to time on any Business Day during the period from the Closing Date until the earlier of (i) the Termination Date or (ii) the Replacement Date, in an aggregate principal amount outstanding, which, when added to such Bank's Pro Rata Percentage of the then outstanding L/C Obligations, does not exceed at any time such Bank's Commitment; provided that no Committed Loan shall be made as a Committed LIBOR Rate Loan after the day that is one month prior to the Termination Date; and provided, further, that in no event shall the aggregate amount of Committed Loans, CAF Loans and L/C Obligations outstanding at any time exceed the aggregate amount of the Commitments at such time. (b) Each Committed Borrowing by the Borrower shall be in an aggregate principal amount not less than $10,000,000 (in the case of Committed LIBOR Rate Loans) or $5,000,000 (in the case of ABR Loans), or an integral multiple of $1,000,000 in excess thereof and shall consist of Loans of the same Type made on the same day by the Banks ratably according to their respective Pro Rata Percentages. Within the limits of the applicable Commitments, the Borrower may borrow, prepay pursuant to Section 5.5 and reborrow under this Section 2.129 24 1. The principal amount outstanding on the Committed Loans shall (i) upon the Replacement Date, continue as a loan under the Regco $2.5 Billion Credit Agreement or (ii) upon the Termination Date, mature and, together with accrued and unpaid interest thereon, shall be due and payable on such datethe Termination Date. (c) So long as no Event of Default exists, upon the satisfaction or waiver of the conditions set forth in Section 6.01 of the Regco $2.5 Billion Credit Agreement, automatically and without any further consent or action required by any Bank, (i) Regco shall assume all obligations in respect of the Loans hereunder and all other monetary obligations in respect hereof, (ii) each Loan hereunder shall be continued as a Loan thereunder, (iii) each Letter of Credit hereunder shall be continued as a Letter of Credit thereunder, (iv) each Bank hereunder shall be a Bank thereunder and (v) this Agreement shall be superseded and replaced by, and deemed amended and restated in the form of, the Regco $2.5 Billion Credit Agreement attached hereto as Exhibit L (with such changes thereto deemed incorporated as necessary to reflect the identity of Regco and to make such other technical changes necessary to effectuate the intent of this clause (c)), and the commitments hereunder shall terminate.