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 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 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 $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 $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be continued as a Loan thereunder, (iii) each Bank hereunder shall be a Bank thereunder and (v) this Agreement shall be superseded and replaced by, and deemed amended and restated in the form of, the Regco $1.8 Billion Credit Agreement attached hereto as Exhibit L (with such changes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 Date until the earlier of (i) the Termination Date or (ii) the Replacement Date, in an aggregate principal amount outstanding, which 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 $1.8 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 $1.8 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 $1.8 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 Subject to the terms and subject to the conditions hereinafter set forthhereof, each Bank severally agrees to make revolving credit Loans advances (each a "Committed Loan" and, collectively, the "Committed Loans") to the Borrower Company during the Revolving Credit Availability Period; provided, however, that at any time during such period, (i) Aggregate Outstandings of all Banks shall not exceed the Aggregate Revolving Commitment, and (ii) the sum of (A) each Bank's Pro Rata Share multiplied by the sum of the aggregate unpaid face amount of all unmatured Acceptances and the aggregate amount of all outstanding Acceptance Obligations plus (B) the aggregate unpaid principal amount of such Bank's Committed Loans outstanding hereunder shall not exceed the amount of such Bank's Revolving Commitment which, for purposes of this clause (ii), shall be reduced by an amount equal to the product obtained by multiplying such Bank's Pro Rata Share by the aggregate unpaid principal amount of all outstanding Bid Loans. The Committed Loans may be maintained, at the election of the Company made from time to time on as permitted herein, as Base Rate Loans or LIBOR Loans or 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 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 outstanding at any time exceed the aggregate amount of the Commitments at such timecombination thereof permitted hereunder. (b) Each Committed Borrowing by During 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 CommitmentsRevolving Credit Availability Period, the Borrower Company 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 in accordance with the Replacement Date, continue as a loan under the Regco $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 dateprovisions hereof. (c) So long as no Event The principal amount of Default exists, upon the satisfaction or waiver of the conditions set forth in Section 6.01 of the Regco $1.8 Billion Credit Agreement, automatically and without any further consent or action required by any each Bank, (i) Regco shall assume all obligations in respect of the Loans hereunder and all other monetary obligations in respect hereof, (ii) each 's Committed Loan hereunder made on a Borrowing Date shall be continued as a Loan thereunder, (iii) each in an amount equal to its Pro Rata Share of all such Committed Loans made on such date. The failure of any Bank to honor its Commitments hereunder at any time shall be a Bank thereunder and (v) this Agreement shall be superseded and replaced by, and deemed amended and restated in not increase or otherwise affect the form of, the Regco $1.8 Billion Credit Agreement attached hereto as Exhibit L (with such changes thereto deemed incorporated as necessary to reflect the identity Commitment of Regco and to make such any other technical changes necessary to effectuate the intent of this clause (c)), and the commitments hereunder shall terminateBank.

The Committed Loans. (a) Each Bank severally agrees, on Subject to the terms and subject to the conditions hereinafter set forthhereof, each Bank severally agrees to make revolving credit Loans advances (each a "Committed Loan" and, collectively, the "Committed Loans") to the Borrower Company during the Revolving Credit Availability Period; provided, however, that at any time during such period, (i) Aggregate Outstandings of all Banks shall not exceed the Aggregate Revolving Commitment, and (ii) the sum of (A) each Bank's Pro Rata Share multiplied by the sum of the aggregate unpaid face amount of all unmatured Acceptances and the aggregate amount of all outstanding Acceptance Obligations plus (B) the aggregate unpaid principal amount of such Bank's Committed Loans outstanding hereunder shall not exceed the amount of such Bank's Revolving Commitment which, for purposes of this clause (ii), shall be reduced by an amount equal to the product obtained by multiplying such Bank's Pro Rata Share by the sum of (y) the aggregate unpaid principal amount of all outstanding Bid Loans and (z) the sum of the aggregate unpaid face amount of all unmatured Bid Bankers Acceptances and the aggregate amount of all outstanding Bid Bankers Acceptance Obligations. The Committed Loans may be maintained, at the election of the Company made from time to time on as permitted herein, as Reference Loans or LIBOR Loans or 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 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 outstanding at any time exceed the aggregate amount of the Commitments at such timecombination thereof permitted hereunder. (b) Each Committed Borrowing by During 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 CommitmentsRevolving Credit Availability Period, the Borrower Company 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 in accordance with the Replacement Date, continue as a loan under the Regco $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 dateprovisions hereof. (c) So long as no Event The principal amount of Default exists, upon the satisfaction or waiver of the conditions set forth in Section 6.01 of the Regco $1.8 Billion Credit Agreement, automatically and without any further consent or action required by any each Bank, (i) Regco shall assume all obligations in respect of the Loans hereunder and all other monetary obligations in respect hereof, (ii) each 's Committed Loan hereunder made on a Borrowing Date shall be continued as a Loan thereunder, (iii) each in an amount equal to its Pro Rata Share of all such Committed Loans made on such date. The failure of any Bank to honor its Commitments hereunder at any time shall be a Bank thereunder and (v) this Agreement shall be superseded and replaced by, and deemed amended and restated in not increase or otherwise affect the form of, the Regco $1.8 Billion Credit Agreement attached hereto as Exhibit L (with such changes thereto deemed incorporated as necessary to reflect the identity Commitment of Regco and to make such any other technical changes necessary to effectuate the intent of this clause (c)), and the commitments hereunder shall terminateBank.