THE LENDER'S COMMITMENT Sample Clauses

THE LENDER'S COMMITMENT. 2.1 In reliance upon the representations and warranties contained in clause 13 hereof and in the Security Documents and subject to the terms and conditions of this agreement the Lender will make the Loan available to the Borrower for the purpose of financing (in part) the purchase of the Vessel by the Borrower pursuant to the MOA.

THE LENDER'S COMMITMENT. 2.1 In reliance upon the representations and warranties contained in clause 13 hereof and in the Security Documents and subject to the terms and conditions of this agreement the Lender will: - (A) make part of the Loan available to the Borrower for the purpose of financing (in part) the purchase of the Vessel by the Borrower pursuant to the MOA; (B) make part of the Loan available to the Borrower for the purpose of financing (in part) the refurbishment of the Vessel pursuant to the Refurbishment Contracts; (C) (in lieu of an advance pursuant to (B)) issue a Refurbishment Guarantee for an amount equivalent to an advance pursuant to (B); and (D) (when obliged to make payment under any Refurbishment Guarantee or on the Termination Date, whichever is the earlier) advance the sum which would (but for that Refurbishment Guarantee) have been advanced pursuant to (B) for the purpose of reducing or providing cash collateral for (as the case may be) the Refurbishment Guarantee Amount.

THE LENDER'S COMMITMENT. In reliance on each of the representations and warranties contained in this Supplemental Agreement and the Original Agreement and subject always to the terms, covenants and conditions contained in the Original Agreement and in this Supplemental Agreement, the Lender agrees to advance the New Loan to the Borrower to be used by the Borrower in accordance with Clause 3.1.

THE LENDER'S COMMITMENT. 2.1 In reliance upon the representations and warranties contained in clause 13 hereof and in the Security Documents and subject to the terms and conditions of this agreement the Lenders will make the Loan available to the Borrower for the purpose of financing (in part) the purchase of the Vessel by the Borrower pursuant to the MOA. 2.2 Each of the Lenders shall advance its Contribution to each Drawing. 2.3 The liability of each of the Lenders hereunder is several and none of the Lenders shall be responsible for any failure by any other Lender to meet its obligations hereunder nor shall any such failure relieve the Borrower or any other Lender of all or any of its respective obligations hereunder. If any Lender shall fail to advance its Contribution in circumstances where the Agent has already advanced the Loan or any relevant part thereof to the Borrower then the Borrower shall forthwith upon the demand of the Agent repay to the Agent an amount equal to any such Contribution together with any interest accrued thereon. The Agent shall not be obliged to advance the Loan or any part thereof to the Borrower other than such Contribution(s) as the Agent has received from the Lenders.

THE LENDER'S COMMITMENT. On the terms and subject to the conditions set forth in this Agreement, the Lender agrees to make loans (each, a "Loan") to the Borrower on a revolving basis from time to time (the "Lender's Commitment") on and after the Effective Date and before the Commitment Termination Date in such amounts as may be from time to time requested by the Borrower pursuant to Section 2.2; provided, however, that the aggregate principal amount of all Loans from time to time outstanding hereunder shall not exceed the least of: (a) $200,000,000 (the "Facility Limit"), subject to increase as provided in the Administrative Agent Fee Letter; (b) the Borrowing Base; and (c) $350,000,000. Under no circumstances shall the Lender make any Loan if, after giving effect to such Loan, the aggregate face amount of all Commercial Paper Notes issued by the Lender to fund Loans hereunder exceeds the Facility Limit. Within the limits of the Lender's Commitment, the Borrower may borrow, prepay and reborrow under this Section 2.

THE LENDER'S COMMITMENT. 2.1 In reliance upon each of the representations and warranties set forth in Clause 9 and subject always to the terms, covenants and conditions of this Agreement being complied with, the Lender will make the Facility available to the Borrower on and with effect from the Availability Date.

THE LENDER'S COMMITMENT. 7.1 The Lender shall grant the loan to the Borrower in accordance with the provisions hereof. 7.2 The Borrower shall keep confidential the non-public materials and information provided by the Borrower, except as otherwise stipulated by laws and regulations, required by competent authorities or agreed herein.

THE LENDER'S COMMITMENT