The Revolving Credit Advances. Each Lender severally agrees, on the terms and conditions hereinafter set forth, to make advances (each a “Revolving Credit Advance”) to the Borrowers from time to time on any Business Day during the period from the Closing Date until the Termination Date in an amount for each such Advance not to exceed such Lender’s Unused Revolving Credit Commitment at such time. Each Revolving Credit Borrowing shall be in an aggregate amount of $5 million or an integral multiple of $1 million in excess thereof (other than a Borrowing the proceeds of which shall be used solely to repay or prepay in full outstanding Swing Line Advances or outstanding Letter of Credit Advances in accordance with the terms hereof) and shall consist of Revolving Credit Advances made simultaneously by the Lenders ratably according to their Revolving Credit Commitments. Within the limits of each Lender’s Unused Revolving Credit Commitment in effect from time to time, the Borrowers may borrow under this Section 2.01(a), prepay pursuant to Section 2.06(a) and reborrow under this Section 2.01(a).
Appears in 2 contracts
Samples: Revolving Credit Agreement (BMCA Acquisition Sub Inc.), Revolving Credit Agreement (Building Materials Manufacturing Corp)
The Revolving Credit Advances. Each Revolving Credit Lender severally agrees, on the terms and conditions hereinafter set forth, to make advances (each a “"Revolving Credit Advance”") to the Borrowers Borrower from time to time on any Business Day during the period from the Closing Funding Date until the Termination Date in an amount for each such Advance not to exceed such Lender’s 's Unused Revolving Credit Commitment at such time. Each Revolving Credit Borrowing shall be in an aggregate amount of $5 million 5,000,000 or an integral multiple of $1 million 1,000,000 in excess thereof (other than a Borrowing the proceeds of which shall be used solely to repay or prepay in full outstanding Swing Line Advances or outstanding Letter of Credit Advances in accordance with the terms hereofAdvances) and shall consist of Revolving Credit Advances made simultaneously by the Revolving Credit Lenders ratably according to their Revolving Credit Commitments. Within the limits of each Revolving Credit Lender’s 's Unused Revolving Credit Commitment in effect from time to time, the Borrowers Borrower may borrow under this Section 2.01(a2.01(b), prepay pursuant to Section 2.06(a) and reborrow under this Section 2.01(a2.01(b).
Appears in 2 contracts
Samples: Credit Agreement (Sodexho Mariott Services Inc), Credit Agreement (Sodexho Alliance S A)
The Revolving Credit Advances. Each Revolving Credit Lender severally agrees, on the terms and conditions hereinafter set forth, to make advances (each a “"Revolving Credit Advance”") to the Borrowers Borrower from time to time on any Business Day during the period from the Closing Date date hereof until the Termination Date in an amount for each such Advance not to exceed such Lender’s 's Unused Revolving Credit Commitment at such time. Each Revolving Credit Borrowing shall be in an aggregate amount of $5 million 1,000,000 or an integral multiple of $1 million 250,000 in excess thereof (other than a Borrowing the proceeds of which shall be used solely to repay or prepay in full outstanding Swing Line Advances or outstanding Letter of Credit Advances in accordance with the terms hereofAdvances) and shall consist of Revolving Credit Advances made simultaneously by the Revolving Credit Lenders ratably according to their Revolving Credit Commitments. Within the limits of each Revolving Credit Lender’s 's Unused Revolving Credit Commitment in effect from time to time, the Borrowers Borrower may borrow under this Section 2.01(a2.01(b), prepay pursuant to Section 2.06(a) and reborrow under this Section 2.01(a2.01(b).
Appears in 2 contracts
Samples: Credit Agreement (Central Tractor Farm & Country Inc), Credit Agreement (Central Tractor Farm & Country Inc)
The Revolving Credit Advances. Each Revolving Credit Lender severally agrees, on the terms and conditions hereinafter set forth, to make advances (each a “"Revolving Credit Advance”") to the Borrowers Borrower from time to time on any Business Day during the period from the Closing Date date hereof until the Termination Date in an amount for each such Advance not to exceed such Lender’s 's Unused Revolving Credit Commitment at such time. Each Revolving Credit Borrowing shall be in an aggregate amount of $5 million 1,000,000 or an integral multiple of $1 million 250,000 in excess thereof (other than a Borrowing the proceeds of which shall be used solely to repay or prepay in full outstanding Swing Line Advances or outstanding Letter of Credit Advances in accordance with made by the terms hereofIssuing Bank) and shall consist of Revolving Credit Advances made simultaneously by the Revolving Credit Lenders ratably according to their Revolving Credit Commitments. Within the limits of each Revolving Credit Lender’s 's Unused Revolving Credit Commitment in effect from time to time, the Borrowers Borrower may borrow under this Section 2.01(a2.01(c), prepay pursuant to Section 2.06(a) and reborrow under this Section 2.01(a2.01(c).
Appears in 1 contract
Samples: Credit Agreement (International Rectifier Corp /De/)
The Revolving Credit Advances. Each Revolving Credit Lender severally agrees, on the terms and conditions hereinafter set forth, to make advances (each a “"Revolving Credit Advance”") to the Borrowers Borrower from time to time on any Business Day during the period from the Closing Date date hereof until the applicable Termination Date in an amount for each such Advance not to exceed such Lender’s 's Unused Revolving Credit Commitment at such time. Each Revolving Credit Borrowing shall be in an aggregate amount of $5 million 100,000 or an 31 integral multiple of $1 million 100,000 in excess thereof (other than a Borrowing the proceeds of which shall be used solely to repay or prepay in full outstanding Swing Line Advances or outstanding Letter of Credit Advances in accordance with the terms hereofAdvances) and shall consist of Revolving Credit Advances made simultaneously by the Revolving Credit Lenders ratably according to their Revolving Credit Commitments. Within the limits of each Revolving Credit Lender’s 's Unused Revolving Credit Commitment in effect from time to time, the Borrowers Borrower may borrow under this Section 2.01(a2.01(c), prepay pursuant to Section 2.06(a) 2.06 and reborrow under this Section 2.01(a2.01(c).
Appears in 1 contract
Samples: Credit Agreement (Afa Products Inc)
The Revolving Credit Advances. Each Revolving Credit Lender severally agrees, on the terms and conditions hereinafter set forth, to make advances (each a “Revolving Credit Advance”"REVOLVING CREDIT ADVANCE") to the Borrowers Borrower from time to time on any Business Day during the period from the Closing Effective Date until the Termination Date in an amount for each such Advance not to exceed such Lender’s 's Unused Revolving Credit Commitment at such time. Each Revolving Credit Borrowing shall be in an aggregate amount of $5 million 1,000,000 or an integral multiple of $1 million 1,000,000 in excess thereof (other than a Borrowing the proceeds of which shall be used solely to repay or prepay in full outstanding Swing Line Advances or outstanding Letter of Credit Advances in accordance with the terms hereofAdvances) and shall consist of Revolving Credit Advances made simultaneously by the Revolving Credit Lenders ratably according to their Revolving Credit Commitments. Within the limits of each Revolving Credit Lender’s 's Unused Revolving Credit Commitment in effect from time to time, the Borrowers Borrower may borrow under this Section 2.01(a2.01(c), prepay pursuant to Section 2.06(a) and reborrow under this Section 2.01(a2.01(c).
Appears in 1 contract
The Revolving Credit Advances. Each Revolving Credit Lender ----------------------------- severally agrees, on the terms and conditions hereinafter set forth, to make advances (each a “"Revolving Credit Advance”") to the Borrowers Borrower from time to time ------------------------ on any Business Day during the period from the Closing Date date hereof until the Termination Date in an amount for each such Advance not to exceed such Lender’s 's Unused Revolving Credit Commitment at such time. Each Revolving Credit Borrowing shall be in an aggregate amount of $5 million 5,000,000 or an integral multiple of $1 million 1,000,000 in excess thereof (other than a Borrowing the proceeds of which shall be used solely to repay or prepay in full outstanding Swing Line Advances or outstanding Letter of Credit Advances in accordance with the terms hereofAdvances) and shall consist of Revolving Credit Advances made simultaneously by the Revolving Credit Lenders ratably according to their Revolving Credit Commitments. Within the limits of each Revolving Credit Lender’s 's Unused Revolving Credit Commitment in effect from time to time, the Borrowers Borrower may borrow under this Section 2.01(a2.01(b), prepay pursuant to Section 2.06(a) 2.06 and reborrow under this Section 2.01(a2.01(b).
Appears in 1 contract
The Revolving Credit Advances. Each Revolving Credit Lender severally agrees, on the terms and conditions hereinafter set forth, to make advances (each a “Revolving Credit Advance”) to the Borrowers Revolving Credit Borrower from time to time on any Business Day during the period from the Closing Effective Date until the Termination Date in an amount for each such Advance not to exceed such Lender’s Unused Revolving Credit Commitment at such time. Each Revolving Credit Borrowing shall be in an aggregate amount of $5 million 5,000,000 or an integral multiple of $1 million 1,000,000 in excess thereof (other than a Borrowing the proceeds of which shall be used solely to repay or prepay in full outstanding Swing Line Advances or outstanding Letter of Credit Advances in accordance with the terms hereofAdvances) and shall consist of Revolving Credit Advances made simultaneously by the Revolving Credit Lenders ratably according to their Revolving Credit Commitments. Within the limits of each Revolving Credit Lender’s Unused Revolving Credit Commitment in effect from time to time, the Borrowers Revolving Credit Borrower may borrow under this Section 2.01(a2.01(c), prepay pursuant to Section 2.06(a) and reborrow under this Section 2.01(a2.01(c).
Appears in 1 contract
The Revolving Credit Advances. Each Revolving Credit Lender severally agrees, on the terms and conditions hereinafter set forth, to make advances (each a “Revolving Credit Advance”"REVOLVING CREDIT ADVANCE") to the Borrowers Borrower from time to time on any Business Day during the period from the Closing Date date hereof until the Termination Date in an amount for each such Advance not to exceed such Lender’s 's Unused Revolving Credit Commitment at such time. Each Revolving Credit Borrowing shall be in an aggregate amount of $5 million 5,000,000 or an integral multiple of $1 million 500,000 in excess thereof (other than a Borrowing the proceeds of which 33 28 shall be used solely to repay or prepay in full outstanding Swing Line Advances or outstanding Letter of Credit Advances in accordance with the terms hereofAdvances) and shall consist of Revolving Credit Advances made simultaneously by the Revolving Credit Lenders ratably according to their Revolving Credit Commitments. Within the limits of each Revolving Credit Lender’s 's Unused Revolving Credit Commitment in effect from time to time, the Borrowers Borrower may borrow under this Section 2.01(a2.01(b), prepay pursuant to Section 2.06(a) and reborrow under this Section 2.01(a2.01(b).
Appears in 1 contract
Samples: Credit Agreement (Pacificare Health Systems Inc /De/)
The Revolving Credit Advances. Each Lender severally agrees, on the terms and conditions hereinafter set forth, to make advances (each a “Revolving Credit Advance”"REVOLVING CREDIT ADVANCE") to the Borrowers Borrower from time to time on any Business Day during the period from the Closing Effective Date until the Termination Date in an amount for each such Advance not to exceed such Lender’s 's Unused Revolving Credit Commitment at such time. Each Revolving Credit Borrowing shall be in an aggregate amount of $5 million or an integral multiple of $1 million in excess thereof (other than a Borrowing the proceeds of which shall be used solely to repay or prepay in full outstanding Swing Line Advances or outstanding Letter of Credit Advances in accordance with the terms hereof) and shall consist of Revolving Credit Advances made simultaneously by the Lenders ratably according to their Revolving Credit Commitments. Within the limits of each Lender’s 's Unused Revolving Credit Commitment in effect from time to time, the Borrowers Borrower may borrow under this Section 2.01(a2.01(b), prepay pursuant to Section 2.06(a) and reborrow under this Section 2.01(a2.01(b).
Appears in 1 contract
Samples: Credit Agreement (Building Materials Corp of America)
The Revolving Credit Advances. Each Revolving Credit Lender severally agrees, on the terms and conditions hereinafter set forth, to make advances (each a “Revolving Credit Advance”) to the Borrowers Borrower from time to time on any Business Day during the period from the Closing Effective Date until the Termination Date in an amount for each such Advance not to exceed such Lender’s Unused Revolving Credit Commitment at such time. Each Revolving Credit Borrowing shall be in an aggregate amount of $5 million 1,000,000 or an integral multiple of $1 million 500,000 in excess thereof (other than a Borrowing the proceeds of which shall be used solely to repay or prepay in full outstanding Swing Line Advances or outstanding Letter of Credit Advances in accordance with the terms hereofAdvances) and shall consist of Revolving Credit Advances made simultaneously by the Revolving Credit Lenders ratably according to their Revolving Credit Commitments. Within the limits of each Revolving Credit Lender’s Unused Revolving Credit Commitment in effect from time to time, the Borrowers Borrower may borrow under this Section 2.01(a2.01(b), prepay pursuant to Section 2.06(a) and reborrow under this Section 2.01(a2.01(b).
Appears in 1 contract
The Revolving Credit Advances. Each Revolving Credit Lender severally agrees, on the terms and conditions hereinafter set forth, to make advances (each each, a “"Revolving Credit Advance”") to the Borrowers Borrower from time to time on any Business Day during the period from the Closing Date date hereof until the Termination Date in an amount for each such Advance not to exceed such Lender’s 's Unused Revolving Credit Commitment at such time. Each Revolving Credit Borrowing shall be in an aggregate amount of $5 million 1,000,000 or an integral multiple of $1 million 500,000 in excess thereof (other than a Borrowing the proceeds of which shall be used solely to repay or prepay in full outstanding Swing Line Advances or outstanding Letter of Credit Advances in accordance with made by the terms hereofIssuing Bank) and shall consist of Revolving Credit Advances made simultaneously by the Revolving Credit Lenders ratably according to their Revolving Credit Commitments. Within the limits of each Revolving Credit Lender’s 's Unused Revolving Credit Commitment in effect from time to time, the Borrowers Borrower may borrow under this Section 2.01(a2.01(c), prepay pursuant to Section 2.06(a) and reborrow under this Section 2.01(a2.01(c).
Appears in 1 contract
Samples: Credit Agreement (Mediq Inc)
The Revolving Credit Advances. Each Revolving Credit Lender severally agrees, on the terms and conditions hereinafter set forth, to make advances (each a “Revolving Credit Advance”) to the Borrowers Borrower from time to time on any Business Day during the period from the Closing Effective Date until the Termination Date in an amount for each such Advance not to exceed such Lender’s Unused Revolving Credit Commitment at such time. Each Revolving Credit Borrowing shall be in an aggregate amount of $5 million 1,000,000 or an integral multiple of $1 million 100,000 in excess thereof (other than a Borrowing the proceeds of which shall be used solely to repay or prepay in full outstanding Swing Line Advances or outstanding Letter of Credit Advances in accordance with the terms hereofAdvances) and shall consist of Revolving Credit Advances made simultaneously by the Revolving Credit Lenders ratably according to their Revolving Credit Commitments. Within the limits of each Revolving Credit Lender’s Unused Revolving Credit Commitment in effect from time to time, the Borrowers Borrower may borrow under this Section 2.01(a2.01(b), prepay pursuant to Section 2.06(a) and reborrow under this Section 2.01(a2.01(b). The Revolving Credit Facility shall not exceed $20,000,000 at any time.
Appears in 1 contract
Samples: First Lien Credit Agreement (Berliner Communications Inc)
The Revolving Credit Advances. Each Revolving Credit Lender severally agrees, on the terms and conditions hereinafter set forth, to make advances (each a “Revolving Credit Advance”) to the Borrowers Revolving Credit Borrower from time to time on any Business Day during the period from the Closing Effective Date until the Termination Date in an amount for each such Advance not to exceed such Lender’s Unused Revolving Credit Commitment at such time. Each Revolving Credit Borrowing shall be in an aggregate amount of $5 million 5,000,000 or an integral multiple of $1 million 1,000,000 in excess thereof (other than a Borrowing the proceeds of which shall be used solely to repay or prepay in full outstanding Swing Line Advances or outstanding Letter of Credit Advances in accordance with the terms hereofAdvances) and shall consist of Revolving Credit Advances made simultaneously by the Revolving Credit Lenders ratably according to their Revolving Credit Commitments. Within the limits of each Revolving Credit Lender’s Unused Revolving Credit Commitment in effect from time to time, the Borrowers Revolving Credit Borrower may borrow under this Section 2.01(a2.01(b), prepay pursuant to Section 2.06(a) and reborrow under this Section 2.01(a2.01(b).
Appears in 1 contract
The Revolving Credit Advances. Each Revolving Credit Lender severally agrees, on the terms and conditions hereinafter set forth, to make advances (each a “"Revolving Credit Advance”") to the Borrowers Borrower from time to time on any Business Day during the period from the Closing Effective Date until the Termination Date in an amount for each such Advance not to exceed such Lender’s Unused 's Pro Rata Share of the Revolving Credit Commitment Availability at such time. Each Revolving Credit Borrowing shall be in an aggregate amount of $5 million 2,500,000 or an integral multiple of $1 million 500,000 in excess thereof (other than a Borrowing the proceeds of which shall be used solely to repay or prepay in full outstanding Swing Line Advances or outstanding Letter of Credit Advances in accordance with the terms hereofAdvances) and shall consist of Revolving Credit Advances made simultaneously by the Revolving Credit Lenders ratably according to their Revolving Credit Commitments. Within the limits of each Revolving Credit Lender’s Unused 's Revolving Credit Commitment in effect from time to timetime and subject to the terms and conditions hereinafter set forth, the Borrowers Borrower may borrow under this Section 2.01(a2.1(c), prepay pursuant to Section 2.06(a2.6(a) and reborrow under this Section 2.01(a2.1(c).
Appears in 1 contract
The Revolving Credit Advances. Each Revolving Credit Lender severally agrees, on the terms and conditions hereinafter set forth, to make advances (each a “Revolving Credit Advance”) to the Borrowers Borrower from time to time on any Business Day during the period from the Closing Effective Date until the Termination Date in an amount for each such Advance not to exceed such Lender’s Unused Revolving Credit Commitment at such time. Each Revolving Credit Borrowing shall be in an aggregate amount of $5 million 2,000,000 or an integral multiple of $1 million 500,000 in excess thereof (other than a Borrowing the proceeds of which shall be used solely to repay or prepay in full outstanding Swing Line Advances or outstanding Letter of Credit Advances in accordance with the terms hereofAdvances) and shall consist of Revolving Credit Advances made simultaneously by the Revolving Credit Lenders ratably according to their Revolving Credit Commitments. Within the limits of each Revolving Credit Lender’s Unused Revolving Credit Commitment in effect from time to time, the Borrowers Borrower may borrow under this Section 2.01(a2.01(c), prepay pursuant to Section 2.06(a) and reborrow under this Section 2.01(a2.01(c).
Appears in 1 contract
Samples: Credit Agreement (Trump Entertainment Resorts Holdings Lp)