Common use of The Revolving Credit Borrowings Clause in Contracts

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency to the Borrower from its applicable Lending Office (each such loan, a “Revolving Credit Loan”) from time to time as elected by the Borrower pursuant to Section 2.02, on any Business Day during the period from the Closing Date until the Maturity Date with respect to such Revolving Credit Lender’s applicable Revolving Credit Commitment, in an aggregate Principal Amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment at such time; provided that after giving effect to any Revolving Credit Borrowing, the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Credit Commitment. Within the limits of each Lender’s Revolving Credit Commitments, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.

Appears in 9 contracts

Samples: Credit Agreement (Vivint Smart Home, Inc.), Credit Agreement (Alight Inc. / DE), Credit Agreement (Alight Inc. / DE)

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The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit loans Revolving Credit Loans denominated in an Approved Currency Dollars to the Borrower from its applicable Lending Office (each such loan, a “Revolving Credit Loan”) from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during until the period from the Closing Date until Business Day preceding the Maturity Date with respect to such for the Revolving Credit Lender’s applicable Revolving Credit CommitmentFacility, in an aggregate Principal Amount principal amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment at such timeCommitment; provided provided, that after giving effect to any Revolving Credit Borrowing, the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans Loans, shall not exceed such Lender’s Revolving Credit Commitment; and provided, further, that on the Closing Date, any Revolving Credit Borrowings shall be limited to not more than $10 million solely to fund Closing Date Transaction Expenses and other expenses relating to the Transactions. Within the limits of each Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Eurodollar Rate Loans, as further provided herein.

Appears in 6 contracts

Samples: Credit Agreement (Entercom Communications Corp), Credit Agreement (CBS Corp), Credit Agreement (CBS Radio Inc.)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein (i) each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency Dollars to the Borrower from its applicable Lending Office (each such loan, a “Revolving Credit Loan”) from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from the Closing Date until the Maturity Date with respect to such Revolving Credit Lender’s applicable Revolving Credit CommitmentDate, in an aggregate Principal Amount amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment at such timeCommitment; provided that after giving effect to any Revolving Credit Borrowing, (i) the aggregate Outstanding Amount amount of the Revolving Credit Loans Exposure of any Lender, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans Lender shall not exceed such Lender’s Revolving Credit Commitment. Within the limits of each Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein. From the Restatement Effective Date until the Maturity Date of the Original Maturity Revolving Credit Facility, all Revolving Credit Loans shall be made on a pro rata basis between the Original Maturity Revolving Credit Loans and the Extended Maturity Revolving Credit Loans; provided that any Revolving Credit Borrowings to be made within 20 Business Days of the Maturity Date of the Original Maturity Revolving Credit Facility shall be, at Borrower’s option, (x) on a pro rata basis between the Original Maturity Revolving Credit Loans and the Extended Maturity Revolving Credit Loan or (y) Extended Maturity Revolving Credit Borrowings.

Appears in 6 contracts

Samples: Credit Agreement (West Corp), Credit Agreement (West Corp), Credit Agreement (West Corp)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency to the Borrower from its applicable Lending Office (each such loan, a “Revolving Credit Loan”) Borrowers in Dollars or in one or more Alternative Currencies from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from the Closing Date until the Maturity Date with respect applicable to such Revolving Credit Lender’s applicable Revolving Credit Commitment, in an aggregate Principal Amount amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment at such timeCommitment; provided that after giving effect to any Revolving Credit Borrowing, the aggregate Outstanding Amount of (x) the Revolving Credit Loans Outstandings of any Lender, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans Lender shall not exceed such Lender’s Revolving Credit Commitment, (y) the aggregate Outstanding Amount of all Revolving Credit Loans denominated in Australian Dollars, plus the Outstanding Amount of all L/C Obligations denominated in Australian Dollars shall not exceed the Australian Dollar Sublimit and (z) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Credit Commitments. Within the limits of each Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the a Borrower may borrow under this Section 2.01(b2.01(a), prepay under Section 2.05, 2.06 and reborrow under this Section 2.01(b2.01(a). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein. Notwithstanding the foregoing, in the event the Borrowers desire to make a Revolving Credit Borrowing in a currency other than Dollars or an Alternative Currency and some, but not all, of the Revolving Credit Lenders are willing to fund such Borrowing in the Borrowers’ desired currency, the Borrowers shall be permitted, with the reasonable consent of the Administrative Agent, to create a new Revolving Credit Facility in which only Revolving Credit Lenders willing to fund in the desired currency (each, an “Additional Alternative Currency”) shall participate (and solely with respect to such new Revolving Credit Facility, such Additional Alternative Currency shall be deemed to be an Alternative Currency for all purposes hereof). Each Revolving Credit Lender may, at its option, make any Revolving Credit Loan denominated in an Alternative Currency available to any Designated Borrower that is a Foreign Subsidiary by causing any foreign or domestic branch or Affiliate of such Lender to make such Loan; provided that any exercise of such option shall not affect the obligation of such Designated Borrower to repay such Loan in accordance with the terms of this Agreement.

Appears in 4 contracts

Samples: Credit Agreement (Fidelity National Information Services, Inc.), Credit Agreement (Fidelity National Information Services, Inc.), Seventh Amendment and Restatement Agreement (Fidelity National Information Services, Inc.)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency to the Borrower from its applicable Lending Office (each such loan, a “Revolving Credit Loan”) to the Borrowers in Dollars or in one or more Alternative Currencies from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from the Closing Date until the Maturity Date with respect to such Revolving Credit Lender’s applicable Revolving Credit CommitmentAvailability Period, in an aggregate Principal Amount amount not to exceed at any time outstanding the amount of such LenderXxxxxx’s Revolving Credit Commitment at such timeCommitment; provided provided, however, that after giving effect to any Revolving Credit Borrowing, (i) the Total Revolving Credit Outstandings shall not exceed the Revolving Credit Facility, (ii) the aggregate Outstanding Amount of the Revolving Credit Loans of any Revolving Credit Lender, plus such Revolving Credit Lender’s Pro Rata Share or other applicable share provided for under this Agreement Applicable Revolving Credit Percentage of the Outstanding Amount of all L/C Obligations, plus such Revolving Credit Lender’s Pro Rata Share or other applicable share provided for under this Agreement Applicable Revolving Credit Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Revolving Credit Lender’s Revolving Credit Commitment, (iii) the aggregate Outstanding Amount of all Revolving Credit Loans made to the Designated Borrowers shall not exceed the Designated Borrower Sublimit and (iv) the aggregate Outstanding Amount of all Revolving Credit Loans denominated in Alternative Currencies shall not exceed the Alternative Currency Sublimit. Within the limits of each Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01(b2.01(c), prepay under Section 2.05, and reborrow under this Section 2.01(b2.01(c). Revolving Credit Loans denominated in Dollars may be Base Rate Loans, Eurocurrency Rate Loans, Term SOFR Loans, XXXXX Rate Loans or Eurocurrency Rate Daily Simple SOFR Loans, as further provided herein.

Appears in 4 contracts

Samples: Credit Agreement (WEX Inc.), Credit Agreement (WEX Inc.), Credit Agreement (WEX Inc.)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency Dollars to the Borrower Borrowers from its applicable Lending Office (each such loan, a “Revolving Credit Loan”) from time to time as elected by the Parent Borrower pursuant to Section 2.02, on any Business Day during the period from the Closing Date until the Maturity Date with respect to such Revolving Credit Lender’s applicable Revolving Credit Commitment, in an aggregate Principal Amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment at such time; provided that after giving effect to any Revolving Credit Borrowing, the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Credit Commitment. Within the limits of each Lender’s Revolving Credit Commitments, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01(b2.01(c), prepay under Section 2.05, and reborrow under this Section 2.01(b2.01(c). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.

Appears in 4 contracts

Samples: Credit Agreement (PF2 SpinCo, Inc.), Credit Agreement (PF2 SpinCo LLC), Credit Agreement (Change Healthcare Inc.)

The Revolving Credit Borrowings. (a) Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency to the Borrower from its applicable Lending Office (each such loan, a “Revolving Credit Loan”) to the Borrower from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from the Closing Date until the Maturity Date with respect to such Revolving Credit Lender’s applicable Revolving Credit CommitmentAvailability Period, in an aggregate Principal Amount amount not to exceed at any time outstanding the lesser of (x) the amount of such Lender’s Revolving Credit Commitment at Commitment, or (y) such timeLender’s Pro Rata Share of the Borrowing Base; provided provided, however, that after giving effect to any Revolving Credit Borrowing, (i) the Total Outstandings shall not exceed the Loan Cap, and (ii) the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Credit Commitment. Within the limits of each Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(b)2.01, prepay under Section 2.05, and reborrow under this Section 2.01(b)2.01. Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Eurodollar Rate Loans, as further provided herein. Notwithstanding the foregoing, no Revolving Credit Loans shall be made on the Closing Date, except to fund any additional original issue discount or upfront fees pursuant to the provisions of the Fee Letter, provided that, Letters of Credit may be issued and outstanding on the Closing Date. (b) The Administrative Agent shall have the right, at any time and from time to time after the Closing Date in its Permitted Discretion to establish, modify or eliminate Reserves upon three (3) days prior notice to the Borrowers, (during which period the Administrative Agent shall be available to discuss any such proposed Reserve with the Borrowers to afford the Borrowers an opportunity to take such action as may be required so that the event condition or circumstance that is a basis for such Reserve no longer exists in the manner and to the extent reasonably satisfactory to the Administrative Agent in its Permitted Discretion); provided that no such prior notice shall be required for (1) changes to any Reserves resulting solely by virtue of mathematical calculations of the amount of the Reserve in accordance with the methodology of calculation previously utilized (such as, but not limited to, Rent and Customer Credit Liabilities), or (2) any changes to Reserves during the continuance of any Event of Default, and provided, further, that the Administrative Agent may not implement Reserves with respect to matters which are already specifically reflected as ineligible Credit Card Receivables or ineligible Inventory or criteria deducted in computing the Appraised Value of Eligible Inventory.

Appears in 4 contracts

Samples: Credit Agreement (At Home Group Inc.), Credit Agreement (At Home Group Inc.), Credit Agreement (At Home Group Inc.)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein each Tranche A Revolving Credit Lender severally agrees to make revolving credit loans Tranche A Revolving Credit Loans denominated in an Approved Currency Dollars or Euros as elected by either U.S. Borrower or the Dutch Borrower pursuant to the Section 2.02 to such Borrower from its applicable Lending Office (each such loan, a “Tranche A Revolving Credit Loan” or a “Revolving Credit Loan”) from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from the Closing Date until the Maturity Date with respect to such for the Revolving Credit Lender’s applicable Revolving Credit CommitmentFacility, in an aggregate Principal Dollar Amount not to exceed at any time outstanding the amount of such Lender’s Tranche A Revolving Credit Commitment at such timeCommitment; provided that after giving effect to any Tranche A Revolving Credit Borrowing, the aggregate Outstanding Amount of the Tranche A Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Tranche A Revolving Credit Commitment. Within the limits of each Lender’s Revolving Credit Commitments, and subject to the other terms and conditions hereof, the each Borrower may borrow under this Section 2.01(b2.01(c), prepay under Section 2.05, and reborrow under this Section 2.01(b2.01(c). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein, and Revolving Credit Loans denominated in Alternative Currencies must be Eurocurrency Rate Loans, as further provided herein.

Appears in 4 contracts

Samples: Credit Agreement (Nielsen Holdings N.V.), Credit Agreement (Nielsen Holdings N.V.), Credit Agreement (Nielsen Holdings N.V.)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein each Revolving Credit Lender severally agrees to make revolving credit loans Revolving Credit Loans denominated in an Approved Currency Dollars pursuant to Section 2.02 to the Borrower from its applicable Lending Office (each such loan, a “Revolving Credit Loan”) from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from after the Closing Date until the Maturity Date with respect to such of the Revolving Credit Lender’s applicable Revolving Credit CommitmentFacility, in an aggregate Principal Amount principal amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment at such timeCommitment; provided that after giving effect to any Revolving Credit Borrowing, the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Credit Commitment. Within the limits of each Lender’s Revolving Credit Commitments, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.

Appears in 3 contracts

Samples: Credit Agreement (Delta Tucker Holdings, Inc.), Credit Agreement (Delta Tucker Holdings, Inc.), Credit Agreement (Phoenix Consulting Group, LLC)

The Revolving Credit Borrowings. (i) Subject to the terms and conditions set forth herein herein, each Tranche 1 Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency to the Borrower from (or cause its applicable Applicable Lending Office (each such loan, a “to make) Tranche 1 Revolving Credit Loan”) Loans in Dollars from time to time as elected by the Borrower pursuant to Section 2.02, on any Business Day during the period from the Closing Date until the Maturity Date Availability Period with respect to such the Tranche 1 Revolving Credit Lender’s applicable Revolving Credit Commitment, Facility in Dollars in an aggregate Principal Amount principal amount that will not to exceed at any time outstanding the amount of result in such Lender’s Tranche 1 Revolving Credit Commitment at such time; provided that after giving effect to any Revolving Credit Borrowing, the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus Exposure exceeding such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Tranche 1 Revolving Credit Commitment. Within the limits of each Lender’s Tranche 1 Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). Tranche 1 Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Revolver SOFR Loans, as further provided herein. Notwithstanding anything to the contrary, Tranche 1 Revolving Credit Loans shall not be made as Revolver Adjusted Daily Simple SOFR Loans unless at the time of any applicable Borrowing or the commencement of any Interest Period in respect thereof, the applicable Revolver Adjusted Term SOFR Rate or Revolver Term SOFR Rate is not available temporarily or permanently, in which case Tranche 1 Revolving Loans may be incurred or converted to Revolver Adjusted Daily Simple SOFR Loans pursuant to Section 3.07. On the Conversion Date, any “Revolving Loans” that were extended under the DIP Revolving Credit Agreement by any Tranche 1 Revolving Credit Lender prior to the Conversion Date and that remain outstanding on the Conversion Date shall be deemed to have been made as Tranche 1 Revolving Credit Loans under the Tranche 1 Revolving Credit Facility hereunder to the Borrower for all purposes under this Agreement and the other Loan Documents without need for any further action by the Borrower or any other Person, and shall be governed by the terms and conditions of this Agreement. (ii) Subject to the terms and conditions set forth herein, each Tranche 2 Revolving Credit Lender severally agrees to make (or cause its Applicable Lending Office to make) Tranche 2 Revolving Credit Loans in Dollars from time to time during the Availability Period with respect to the Tranche 2 Revolving Credit Facility in Dollars in an aggregate principal amount that will not result in such Xxxxxx’s Tranche 2 Revolving Credit Exposure exceeding such Lender’s Tranche 2 Revolving Credit Commitment. Within the limits of each Lender’s Tranche 2 Revolving Credit Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). Tranche 2 Revolving Credit Loans may be Base Rate Loans or Revolver SOFR Loans, as further provided herein. Notwithstanding anything to the contrary, Tranche 2 Revolving Credit Loans shall not be made as Revolver Adjusted Daily Simple SOFR Loans unless at the time of any applicable Borrowing or the commencement of any Interest Period in respect thereof, the applicable Revolver Adjusted Term SOFR Rate or Revolver Term SOFR Rate is not available temporarily or permanently, in which case Tranche 2 Revolving Loans may be incurred or converted to Revolver Adjusted Daily Simple SOFR Loans pursuant to Section 3.07. On the Conversion Date, any “Revolving Loans” that were extended under the DIP Revolving Credit Agreement by any Tranche 2 Revolving Credit Lender prior to the Conversion Date and that remain outstanding on the Conversion Date shall be deemed to have been made as Tranche 2 Revolving Credit Loans under the Tranche 2 Revolving Credit Facility hereunder to the Borrower for all purposes under this Agreement and the other Loan Documents without need for any further action by the Borrower or any other Person, and shall be governed by the terms and conditions of this Agreement.

Appears in 3 contracts

Samples: Credit Agreement (Frontier Communications Parent, Inc.), Credit Agreement (Frontier Communications Parent, Inc.), Credit Agreement (Frontier Communications Parent, Inc.)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein each Revolving Credit Lender severally agrees to make revolving credit loans Revolving Credit Loans denominated in an Approved Currency Dollars pursuant to Section 2.02 to the Borrower from its applicable Lending Office (each such loan, a “Revolving Credit Loan”) from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from the Closing Date until the Maturity Date with respect to such of the Revolving Credit Lender’s applicable Revolving Credit CommitmentFacility, in an aggregate Principal Amount principal amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment at such timeCommitment; provided that after giving effect to any Revolving Credit Borrowing, the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Credit Commitment. Within the limits of each Lender’s Revolving Credit Commitments, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(b2.01(d), prepay under Section 2.05, and reborrow under this Section 2.01(b2.01(d). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.

Appears in 3 contracts

Samples: Credit Agreement (SeaWorld Entertainment, Inc.), Credit Agreement (SeaWorld Entertainment, Inc.), Credit Agreement (SeaWorld Entertainment, Inc.)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency to the Borrower Borrowers from its applicable Lending Office (each such loan, a “Revolving Credit Loan”) from time to time as elected by the applicable Borrower pursuant to Section 2.02, on any Business Day during the period from the Closing Date until the Maturity Date with respect to such Revolving Credit Lender’s applicable Revolving Credit Commitment, in an aggregate Principal Amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment at such time; provided that after giving effect to any Revolving Credit Borrowing, (i) the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Credit CommitmentCommitment and (ii) the aggregate Outstanding Amount of Revolving Credit Loans and L/C Obligations denominated in Yen does not exceed the Yen Sublimit. Within the limits of each Lender’s Revolving Credit Commitments, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.

Appears in 3 contracts

Samples: Credit Agreement (Hilton Grand Vacations Inc.), Credit Agreement (Hilton Grand Vacations Inc.), Credit Agreement (Hilton Grand Vacations Inc.)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender with Commitments in respect of a particular Revolving Credit Facility severally agrees to make revolving credit loans denominated in an Approved Currency to the Borrower from its applicable Lending Office Dollars (each such loan, a “Revolving Credit Loan”) to the Borrower from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from the Closing Date until the Maturity Date with respect to Availability Period for such Revolving Credit Lender’s applicable Revolving Credit CommitmentFacility, in an aggregate Principal Amount amount not to exceed at any time outstanding the amount of such Revolving Credit Lender’s Revolving Credit Commitment at in respect of such timeRevolving Credit Facility; provided provided, however, that after giving effect to any Revolving Credit Borrowing, (i) the Total Revolving Credit Outstandings shall not exceed the Revolving Credit Lenders’ Revolving Credit Commitments at such time and (ii) the aggregate Outstanding Amount of the Revolving Credit Loans of any Revolving Credit Lender, plus such Revolving Credit Lender’s Pro Rata Share or other applicable share provided for under this Agreement Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans shall not exceed such Revolving Credit Lender’s Revolving Credit Commitment. Within the limits of each Revolving Credit Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(b)2.01, prepay under Section 2.052.04, and reborrow under this Section 2.01(b)2.01. Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Eurodollar Rate Loans, as further provided herein. Each Borrowing of Revolving Credit Loans shall be made on a pro rata basis as among the Revolving Credit Commitments under each of the Revolving Credit Facilities then in effect, considered collectively.

Appears in 3 contracts

Samples: Credit Agreement (NRG Yield, Inc.), Credit Agreement, Credit Agreement (NRG Yield, Inc.)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency to the Borrower from its applicable Lending Office (each such loan, a “Revolving Credit Loan”) to the Borrower denominated in Dollars, Euros, Sterling or an Alternative Currency from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from the Closing Date until the Maturity Date with respect to of the Class of Revolving Credit Loans held by such Revolving Credit Lender’s applicable Lender under the Revolving Credit CommitmentFacility, in an aggregate Principal Amount amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment at such timeCommitment; provided provided, however, that after giving effect to any Revolving Credit Borrowing, (a) the Total Revolving Credit Outstandings shall not exceed the aggregate Revolving Credit Commitments, (b) the Total Revolving Credit Outstandings denominated in any Alternative Currency shall not exceed the Alternative Currency Sublimit with respect to such Alternative Currency and (c) the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans Obligations shall not exceed such Lender’s Revolving Credit Commitment. Within the limits of each Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate LoansLoans denominated in Dollars, Euros, Sterling or an Alternative Currency, as further provided herein.

Appears in 3 contracts

Samples: First Lien Credit Agreement (EWT Holdings I Corp.), First Lien Credit Agreement (EWT Holdings I Corp.), First Lien Credit Agreement (EWT Holdings I Corp.)

The Revolving Credit Borrowings. (i) On the Third Restatement Date, (A) the full outstanding principal balance of Existing Term Loans will be converted to and become part of the Revolving Credit Loans referenced in Section 2.01(b)(ii) with no change to the existing Interest Periods applicable thereto prior to such conversion and the accrued but unpaid interest thereon prior to the Third Restatement Date shall be paid to the Administrative Agent on the Third Restatement Date, and (B) any remaining Existing Revolving Credit Loans, after the conversion referenced in Section 2.01(a)(i) has been completed, shall be deemed to be Revolving Credit Loans referenced in Section 2.01(b)(ii) with no change to the existing Interest Periods applicable thereto prior to such deemed making of Revolving Credit Loans, and in respect of the Non-Converting Euro Tranche only, accrued but unpaid interest thereon prior to the Third Restatement Date shall be paid to the Administrative Agent on the Third Restatement Date. (ii) Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency to the Borrower from its applicable Lending Office (each such loan, a “Revolving Credit Loan”) to the Borrowers from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from the Closing Date until the Maturity Date with respect to such Revolving Credit Lender’s applicable Revolving Credit CommitmentAvailability Period, in an aggregate Principal Amount amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment at such timeCommitment; provided provided, however, that after giving effect to any Revolving Credit Borrowing, (i) the Total Revolving Credit Outstandings shall not exceed the Revolving Credit Facility, and (ii) the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such Revolving Credit Lender’s Pro Rata Share or other applicable share provided for under this Agreement Applicable Revolving Credit Percentage of the Outstanding Amount of all L/C Obligations, plus such Revolving Credit Lender’s Pro Rata Share or other applicable share provided for under this Agreement Applicable Revolving Credit Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Revolving Credit Lender’s Revolving Credit Commitment. Within the limits of each Revolving Credit Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.

Appears in 3 contracts

Samples: Credit Agreement (Novanta Inc), Credit Agreement (Novanta Inc), Credit Agreement (Novanta Inc)

The Revolving Credit Borrowings. On the Second Restatement Effective Date, in accordance with, and upon the terms and conditions set forth in, the Second Amendment Agreement, (a) the Existing Revolving Credit Commitment of each Original Maturity Revolving Credit Lender outstanding on such date shall continue hereunder and be reclassified as an Original Maturity Revolving Credit Commitment on such date in an amount as set forth on Schedule 2.01(b) of the Second Amendment Agreement and (b) the Existing Revolving Credit Commitment of each Extended Maturity Revolving Credit Lender outstanding on such date shall continue hereunder and be reclassified as an Extended Maturity Revolving Credit Commitment on such date in an amount as set forth on Schedule 2.01(b) of the Second Amendment Agreement. Subject to the terms and conditions set forth herein (i) each Original Maturity Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency Dollars to the Borrower from its applicable Lending Office pursuant to Section 2.02 (each such loan, a an Original Maturity Revolving Credit Loan”) from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from the Closing Date until the Maturity Date with respect to such of the Original Maturity Revolving Credit Lender’s applicable Revolving Credit CommitmentFacility, in an aggregate Principal Amount amount not to exceed at any time outstanding the amount of such Lender’s Original Maturity Revolving Credit Commitment at such timeCommitment; provided that after giving effect to any Original Maturity Revolving Credit Borrowing, (i) the aggregate Outstanding Amount of the Original Maturity Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C ObligationsObligations in respect of such Lender’s Original Maturity Revolving Credit Commitments, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans in respect of such Lender’s Original Maturity Revolving Credit Commitments shall not exceed such Lender’s Original Maturity Revolving Credit Commitment. Subject to the terms and conditions set forth herein (i) each Extended Maturity Revolving Credit Lender severally agrees to make loans denominated in Dollars to the Borrower pursuant to Section 2.02 (each such loan, a “Extended Maturity Revolving Credit Loan”) from time to time, on any Business Day until the Maturity Date of the Extended Maturity Revolving Credit Facility, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Extended Maturity Revolving Credit Commitment; provided that after giving effect to any Extended Maturity Revolving Credit Borrowing, (i) the aggregate Outstanding Amount of the Extended Maturity Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share of the Outstanding Amount of all L/C Obligations in respect of such Lender’s Extended Maturity Revolving Credit Commitments, plus such Lender’s Pro Rata Share of the Outstanding Amount of all Swing Line Loans in respect of such Lender’s Extended Maturity Revolving Credit Commitments shall not exceed such Lender’s Extended Maturity Revolving Credit Commitment. Within the limits of each Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow re-borrow under this Section 2.01(b). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein. From the Second Restatement Effective Date until the Maturity Date of the Original Maturity Revolving Credit Facility, all Revolving Credit Loans shall be made on a pro rata basis between the Original Maturity Revolving Credit Facility and the Extended Maturity Revolving Credit Facility; provided that any Revolving Credit Borrowings to be made within 20 Business Days of the Maturity Date of the Original Maturity Revolving Credit Facility shall be, at Borrower’s option, (x) on a pro rata basis between the Original Maturity Revolving Credit Facility and the Extended Maturity Revolving Credit Facility or (y) Extended Maturity Revolving Credit Borrowings. Any Existing Revolving Credit Loans outstanding on the Second Restatement Effective Date shall be continued as Revolving Credit Loans hereunder; provided that (x) the Existing Revolving Credit Loans of each Original Maturity Revolving Credit Lender will be reclassified as “Original Maturity Revolving Credit Loans” and (y) the Existing Revolving Credit Loans of each Extended Maturity Revolving Credit Lender will be reclassified as “Extended Maturity Revolving Credit Loans”. The Existing Revolving Credit Loans of any Existing Revolving Credit Lender having both an Original Maturity Revolving Credit Commitment and an Extended Maturity Revolving Credit Commitment on the Second Restatement Effective Date shall be so reclassified as Original Maturity Revolving Credit Loans and Extended Maturity Revolving Credit Loans, respectively, in proportion to the relative amounts of such Existing Revolving Credit Lender’s Original Maturity Revolving Credit Commitment and Extended Maturity Revolving Credit Commitment, respectively.

Appears in 3 contracts

Samples: Fourth Amendment Agreement (CRC Health CORP), Credit Agreement (CRC Health CORP), Third Amendment Agreement (CRC Health CORP)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency to the Borrower from its applicable Lending Office (each such loan, a “Revolving Credit Loan”) to the Borrowers in Dollars or in one or more Alternative Currencies from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from the Closing Date until the Maturity Date with respect to such Revolving Credit Lender’s applicable Revolving Credit CommitmentAvailability Period, in an aggregate Principal Amount principal amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment at such timeCommitment; provided provided, however, that after giving effect to any Revolving Credit Borrowing, (i) the aggregate Outstanding Amount of Total Revolving Credit Outstandings shall not exceed the Revolving Credit Loans Facility, (ii) the Revolving Credit Exposure of any Lender, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans Lender shall not exceed such Lender’s Revolving Credit CommitmentCommitment and (iii) the aggregate Outstanding Amount of all Revolving Credit Loans and Letters of Credit denominated in Alternative Currencies shall not exceed the Alternative Currency Sublimit. Within the limits of each Revolving Credit Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow re-borrow under this Section 2.01(b). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein. Notwithstanding anything to the contrary contained herein, any Revolving Credit Lender (a “Funding Affiliate Lender”) may at its option elect to fund any Revolving Credit Loan to any Foreign Subsidiary Borrower through any foreign or domestic branch or Affiliate (a “Funding Affiliate”) of such Funding Affiliate Lender; provided that (x) nothing herein shall constitute a commitment by any Funding Affiliate to fund any Revolving Credit Loan, and (y) if a Funding Affiliate fails to make all or any part of such Revolving Credit Loan, the Funding Affiliate Lender shall be obligated to make such Revolving Credit Loan pursuant to the terms hereof or, if it fails to do so, to make such payment to the Administrative Agent as is required under Section 2.12(b)(ii). Each party hereto hereby agrees that (a) neither the grant to any Funding Affiliate nor the exercise by any Funding Affiliate of such option shall increase the costs or expenses or otherwise increase or change the obligations of the Borrowers under this Agreement (including its obligations under Section 3.04), (b) no Funding Affiliate shall be liable for any indemnity or similar payment obligation under this Agreement for which a Revolving Credit Lender would be liable, and (c) the Funding Affiliate Lender shall for all purposes, including the approval of any amendment, waiver or other modification of any provision of any Loan Document, remain the lender of record hereunder. The making of a Revolving Credit Loan by a Funding Affiliate hereunder shall utilize the Revolving Credit Commitment of the Funding Affiliate Lender to the same extent, and as if, such Revolving Credit Loan were made by such Funding Affiliate Lender.

Appears in 3 contracts

Samples: Credit Agreement (Stericycle Inc), Credit Agreement (Stericycle Inc), Credit Agreement (Stericycle Inc)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency to the Borrower from its applicable Lending Office Dollars or in one or more Alternative Currencies (each such loan, a “Revolving Credit Loan”) to the Borrowers from time to time as elected by after the Borrower pursuant to Section 2.02Closing Date, on any Business Day during until and excluding the period from the Closing Date until Business Day preceding the Maturity Date with respect to such for the Revolving Credit Lender’s applicable Revolving Credit CommitmentFacility, in an aggregate Principal Amount amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment at such timeCommitment; provided provided, however, that after giving effect to any Revolving Credit Borrowing, (i) the Total Revolving Credit Outstandings shall not exceed the Revolving Credit Facility and (ii) the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans Obligations shall not exceed such Lender’s Revolving Credit Commitment. Within the limits of each Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). Revolving Credit Loans denominated in Dollars may be Base Rate Loans (in the case of Revolving Credit Loans denominated in Dollars) or Eurocurrency Rate Loans, as further provided herein. To the extent that any portion of the Revolving Credit Facility has been refinanced with one or more new revolving credit facilities constituting Specified Refinancing Debt, each Revolving Credit Borrowing (including any deemed Revolving Credit Borrowings made pursuant to Section 2.03) shall be allocated pro rata among the Revolving Tranches.

Appears in 3 contracts

Samples: Credit Agreement (Maravai Lifesciences Holdings, Inc.), Credit Agreement (Maravai Lifesciences Holdings, Inc.), First Lien Credit Agreement (Maravai Lifesciences Holdings, Inc.)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency to the Borrower from its applicable Lending Office (each such loan, a “Revolving Credit Loan”) Borrowers in Dollars or in one or more Alternative Currencies from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from the Closing Date until the Maturity Date with respect applicable to such Revolving Credit Lender’s applicable Revolving Credit Commitment, in an aggregate Principal Amount amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment at such timeCommitment; provided that after giving effect to any Revolving Credit Borrowing, the aggregate Outstanding Amount of (x) the Revolving Credit Loans Outstandings of any Lender, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans Lender shall not exceed such Lender’s Revolving Credit Commitment, (y) the aggregate Outstanding Amount of all Revolving Credit Loans denominated in Australian Dollars, plus the Outstanding Amount of all L/C Obligations denominated in Australian Dollars shall not exceed the Australian Dollar Sublimit and (z) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Credit Commitments. Within the limits of each Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the a Borrower may borrow under this Section 2.01(b), prepay under Section 2.05, 2.06 and reborrow under this Section 2.01(b). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein. Notwithstanding the foregoing, in the event the Borrowers desire to make a Revolving Credit Borrowing in a currency other than Dollars or an Alternative Currency and some, but not all, of the Revolving Credit Lenders are willing to fund such Borrowing in the Borrowers’ desired currency, the Borrowers shall be permitted, with the reasonable consent of the Administrative Agent, to create a new Revolving Credit Facility in which only Revolving Credit Lenders willing to fund in the desired currency (each, an “Additional Alternative Currency”) shall participate (and solely with respect to such new Revolving Credit Facility, such Additional Alternative Currency shall be deemed to be an Alternative Currency for all purposes hereof). Each Revolving Credit Lender may, at its option, make any Revolving Credit Loan denominated in an Alternative Currency available to any Designated Borrower that is a Foreign Subsidiary by causing any foreign or domestic branch or Affiliate of such Lender to make such Loan; provided that any exercise of such option shall not affect the obligation of such Designated Borrower to repay such Loan in accordance with the terms of this Agreement.

Appears in 3 contracts

Samples: Amendment Agreement (Fidelity National Information Services, Inc.), Fifth Amendment and Restatement Agreement (Fidelity National Information Services, Inc.), Credit Agreement (Fidelity National Information Services, Inc.)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency to the Borrower from its applicable Lending Office (each such loan, a “Revolving Credit Loan”) to the Borrowers in Dollars or in one or more Alternative Currencies from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from the Closing Date until the Maturity Date with respect to such Revolving Credit Lender’s applicable Revolving Credit CommitmentAvailability Period, in an aggregate Principal Amount amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment at such timeCommitment; provided provided, however, that after giving effect to any Revolving Credit Borrowing, (i) the Total Revolving Credit Outstandings shall not exceed the Revolving Credit Facility, (ii) the aggregate Outstanding Amount of the Revolving Credit Loans of any Revolving Credit Lender, plus such Revolving Credit Lender’s Pro Rata Share or other applicable share provided for under this Agreement Applicable Revolving Credit Percentage of the Outstanding Amount of all L/C Obligations, plus such Revolving Credit Lender’s Pro Rata Share or other applicable share provided for under this Agreement Applicable Revolving Credit Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Revolving Credit Lender’s Revolving Credit Commitment, (iii) the aggregate Outstanding Amount of all Revolving Credit Loans made to the Designated Borrowers shall not exceed the Designated Borrower Sublimit and (iv) the aggregate Outstanding Amount of all Revolving Credit Loans denominated in Alternative Currencies shall not exceed the Alternative Currency Sublimit. Within the limits of each Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01(b)2.01, prepay under Section 2.05, and reborrow under this Section 2.01(b)2.01. Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.

Appears in 3 contracts

Samples: Credit Agreement (WEX Inc.), Credit Agreement (WEX Inc.), Credit Agreement (Wright Express CORP)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit (or cause its Applicable Lending Office to make) loans denominated in an Approved Currency to the Borrower from its applicable Lending Office Dollars (each such loan, a “Revolving Credit Loan”) from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from after the Closing Date until the Maturity Date with respect to such the Revolving Credit Lender’s applicable Facility (provided that each Revolving Credit CommitmentLender agrees to make the Initial Revolving Borrowing, at the request of the Borrower, on the Closing Date), in an aggregate Principal Amount principal amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment at such timeCommitment; provided that after giving effect to any such Revolving Credit Borrowing, the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Credit Commitment. Within the limits of each Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(b2.01(c), prepay under Section 2.05, and reborrow under this Section 2.01(b2.01(c). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.

Appears in 2 contracts

Samples: Credit Agreement (Epicor International Holdings, Inc.), Credit Agreement (Epicor Software Corp)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit (or cause its Applicable Lending Office to make) loans denominated in an Approved Currency to the Borrower from its applicable Lending Office Dollars or in one or more Alternative Currencies (each such loan, a “Revolving Credit Loan”) from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from on and after the Closing Date until the Maturity Date with respect to such the Revolving Credit Lender’s applicable Revolving Credit CommitmentFacility, in an aggregate Principal Amount principal amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment at such timeCommitment; provided that (i) after giving effect to any such Revolving Credit Borrowing, the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Credit CommitmentCommitment and (ii) not more than $25,000,000 plus additional amounts in respect of original issue discount as permitted by the Fee Letter and the outstanding amount of L/C Obligations at such time shall be utilized on the Closing Date. Within the limits of each Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(b2.01(c), prepay under Section 2.05, and reborrow under this Section 2.01(b2.01(c). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.

Appears in 2 contracts

Samples: Credit Agreement (Corporate Executive Board Co), Credit Agreement (Corporate Executive Board Co)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency Dollars to the Borrower from its applicable Lending Office (each such loan, a “Revolving Credit Loan”) from time to time as elected by the Borrower pursuant to Section 2.02, on any Business Day during the period from beginning on the Business Day after the Closing Date until the Maturity Date with respect to such Revolving Credit Lender’s applicable Revolving Credit Commitment, in an aggregate Principal Amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment at such time; provided that that, after giving effect to any Revolving Credit Borrowing, the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Credit Commitment. Within the limits of each Lender’s Revolving Credit Commitments, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.

Appears in 2 contracts

Samples: Credit Agreement (La Quinta Holdings Inc.), Credit Agreement (La Quinta Holdings Inc.)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit (or cause its Applicable Lending Office to make) loans denominated in an Approved Dollars or any Alternative Currency to the any Borrower from its applicable Lending Office (each such loan, a “Revolving Credit Loan”) from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during on or after the period from the Closing Restatement Date until the Maturity Date with respect to such the Revolving Credit Lender’s applicable Revolving Credit CommitmentFacility, in an aggregate Principal Amount principal amount not to exceed at any time outstanding the amount of such LenderLxxxxx’s Revolving Credit Commitment at such timeCommitment; provided that after giving effect to any such Revolving Credit Borrowing, (i) the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such LenderLxxxxx’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans Obligations shall not exceed such Lender’s Revolving Credit CommitmentCommitment and (ii) the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender in an Alternative Currency plus such Lxxxxx’s Pro Rata Share of Outstanding Amount of all L/C Obligations in an Alternative Currency shall not exceed such Lxxxxx’s Pro Rata Share of the Alternative Currency Sublimit. Within the limits of each Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). Revolving Credit Loans may be (i) with respect to Revolving Credit Loans denominated in Dollars may be Dollars, Base Rate Loans or Eurocurrency SOFR Loans, (ii) with respect to Revolving Credit Loans denominated in Euros, EURIBOR Rate Loans, or (iii) with respect to Revolving Credit Loans denominated in Sterling, RFR Loans, in each case, as further provided herein. Revolving Credit Loans denominated in an Alternative Currency other than Euros and Sterling shall bear interest at a rate as set forth in Section 2.08(a)(i)(z).

Appears in 2 contracts

Samples: Amendment No. 1 (Global Business Travel Group, Inc.), Credit Agreement (Global Business Travel Group, Inc.)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency to the Borrowers as elected by the Parent Borrower from its applicable Lending Office pursuant to Section 2.02 (each such loan, a “Revolving Credit Loan”) from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from after the Closing Date until the Maturity Date with respect (provided that each Lender agrees to such make loans in an aggregate amount not exceeding its Pro Rata Share of the Initial Revolving Credit Lender’s applicable Revolving Credit CommitmentBorrowing, at the request of the Parent Borrower, on the Closing Date), in an aggregate Principal Dollar Amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment at such timeCommitment; provided that after giving effect to any Revolving Credit Borrowing, the aggregate Outstanding Amount of the Revolving Credit Loans of any LenderLender (including its Pro Rata Share of any Euro Loans), plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans Loans, plus such Lender’s Pro Rata Share of the Outstanding Amount of all Protective Advances shall not exceed such Lender’s Revolving Credit Commitment. Revolving Credit Loans may be made in Dollars or Euro; provided that after giving effect to any Revolving Credit Borrowing, that the aggregate Dollar Amount of outstanding Euro Loans shall not exceed $100,000,000. Within the limits of each Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein, and Euro Loans must be Eurocurrency Rate Loans, as further provided herein. Within the limits of each Lender’s Revolving Credit Commitment, and subject to the other terms and conditions hereof, the Borrowers may borrow under this Section 2.01(b), and reborrow under this Section 2.01(b) (provided that, in each such case, such Revolving Credit Loans shall not, after giving effect thereto and to the application of the proceeds thereof, result at such time in the aggregate Revolving Credit Exposures’ exceeding the lesser of (x) the Borrowing Base and (y) the Aggregate Commitments, in each case as then in effect (subject to Section 2.01(c); and the Borrowers may prepay under Section 2.05. Subject to, and to the extent provided in, Article XI, Revolving Credit Loans denominated in Euros that are required to be made by a Participating Euro Lender pursuant to this Section 2.01(b) shall instead be made by Euro Fronting Revolving Lenders and purchased and settled by such Participating Euro Lender in accordance with Article XI.

Appears in 2 contracts

Samples: Credit Agreement (Avaya Inc), Credit Agreement (VPNet Technologies, Inc.)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, (i) each US Dollar Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency to the Borrower from its applicable Lending Office (each such loan, a “Revolving Credit Loan”"US DOLLAR REVOLVING CREDIT LOAN") to the Company in Dollars from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from the Closing Date until the Maturity Date with respect to such Revolving Credit Lender’s applicable Revolving Credit CommitmentDate, in an aggregate Principal Amount amount not to exceed at any time outstanding the amount of such Lender’s 's US Dollar Revolving Credit Commitment and (ii) each Multicurrency Revolving Credit Lender severally agrees to make loans (each such loan, a "MULTICURRENCY REVOLVING CREDIT LOAN" and, together with the Multicurrency Revolving Credit Loans, the "REVOLVING CREDIT LOANS") to the Borrowers in Dollars or in one or more Alternative Currencies from time to time, on any Business Day until the Maturity Date, in an aggregate amount not to exceed at any time outstanding the amount of such time; Lender's Multicurrency Revolving Credit Commitment, provided that after giving effect to any Multicurrency Revolving Credit Borrowing, (x) the aggregate Outstanding Amount of the Multicurrency Revolving Credit Loans of any Lender, plus such Lender’s 's Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s 's Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s 's Multicurrency Revolving Credit Commitment, (y) the aggregate Outstanding Amount of all Multicurrency Revolving Credit Loans denominated in Australian Dollars, plus the Outstanding Amount of all L/C Obligations denominated in Australian Dollars shall not exceed the Australian Dollar Sublimit and (z) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Credit Commitments. Within the limits of each Lender’s 's Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the a Borrower may borrow under this Section 2.01(b), prepay under Section 2.05, 2.06 and reborrow under this Section 2.01(b). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein. Notwithstanding the foregoing, in the event the Borrowers desire to make a Revolving Credit Borrowing in a currency other than Dollars or an Alternative Currency and some, but not all, of the Multicurrency Revolving Credit Lenders are willing to fund such Borrowing in the Borrowers' desired currency, the Borrowers shall be permitted, with the reasonable consent of the Administrative Agent, to create a subtranche of the Multicurrency Revolving Credit Facility in which only Multicurrency Revolving Credit Lenders willing to fund in the desired currency (each, an "ADDITIONAL ALTERNATIVE CURRENCY") shall participate, and with respect to such subtranche, such Additional Alternative Currency shall be deemed to be an Alternative Currency for all purposes hereof. Each Multicurrency Revolving Credit Lender may, at its option, make any Multicurrency Revolving Credit Loan denominated in an Alternative Currency available to any Designated Borrower that is a Foreign Subsidiary by causing any foreign or domestic branch or Affiliate of such Lender to make such Loan; provided that any exercise of such option shall not affect the obligation of such Designated Borrower to repay such Loan in accordance with the terms of this Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Fidelity National Information Services, Inc.), Credit Agreement (Fidelity National Information Services, Inc.)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency to the Borrower from its applicable Lending Office (each such loan, a “Revolving Credit Loan”) to the Borrower in Dollars or Canadian Dollars from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from the Closing Date until the Maturity Date with respect to such Revolving Credit Lender’s applicable Revolving Credit CommitmentAvailability Period, in an aggregate Principal Amount amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment at such timeCommitment; provided provided, however, that after giving effect to any Revolving Credit Borrowing, (i) the Total Outstandings shall not exceed the Revolving Credit Facility, (ii) the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such Revolving Credit Lender’s Pro Rata Share or other applicable share provided for under this Agreement Applicable Revolving Credit Percentage of the Outstanding Amount of all L/C Obligations, plus such Revolving Credit Lender’s Pro Rata Share or other applicable share provided for under this Agreement Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Revolving Credit Lender’s Revolving Credit CommitmentCommitment and (iii) the aggregate Outstanding Amount of all Loans denominated in Canadian Dollars shall not exceed the Canadian Dollar Sublimit. Within the limits of each Revolving Credit Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). At the Borrower’s option, Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Eurodollar Rate Loans, as further provided herein.

Appears in 2 contracts

Samples: Credit Agreement (NOODLES & Co), Securities Purchase Agreement (NOODLES & Co)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency US Dollars to the Parent Borrower from its applicable Lending Office (each such loan, a “Revolving Credit Loan”) from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from the Closing Date until the Maturity Date with respect to such Revolving Credit Lender’s applicable Revolving Credit CommitmentCommitment Period, in an aggregate Principal Amount amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment at such timeCommitment; provided that after giving effect to any Revolving Credit Borrowing, (i) the aggregate Outstanding Amount of the Revolving Credit Loans of any Revolving Credit Lender, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans Loans, shall not exceed such Lender’s Revolving Credit Commitment and (ii) the aggregate amount of Revolving Credit Loans made on the Restatement Effective Date for the purposes of (A) financing a portion of the PharmaNet Acquisition and (B) financing upfront fees and original issue discount (in excess of 1.0% of the Term B-3 Commitment) or from the issuance of the PharmaNet Senior Notes or other debt securities on the Restatement Effective Date shall not exceed $20,000,000. Within the limits of each Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Parent Borrower may borrow under this Section 2.01(b2.01(c), prepay under Section 2.05, and reborrow under this Section 2.01(b2.01(c). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Eurodollar Rate Loans, as further provided herein; provided that all Revolving Credit Loans made by each of the Lenders pursuant to the same Borrowing shall, unless otherwise specifically provided herein, consist entirely of Revolving Credit Loans of the same Type made to the Parent Borrower.

Appears in 2 contracts

Samples: Credit Agreement (Campbell Alliance Group Inc), Credit Agreement (Campbell Alliance Group Inc)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein each Revolving Credit Lender severally agrees to make revolving credit loans Revolving Credit Loans denominated in an Approved Currency Dollars as elected by the Borrower pursuant to Section 2.02 to the Borrower from its applicable Lending Office (each such loan, a “Revolving Credit Loan”) from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from the Closing Date until the Maturity Date with respect to such Revolving Credit Lender’s applicable Revolving Credit CommitmentDate, in an aggregate Principal Amount principal amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment at such timeCommitment; provided that after giving effect to any Revolving Credit Borrowing, the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Credit Commitment. Within the limits of each Lender’s Revolving Credit Commitments, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency LIBO Rate Loans, as further provided herein.

Appears in 2 contracts

Samples: Credit Agreement (Styron Canada ULC), Credit Agreement (Trinseo S.A.)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency to the Borrower from its applicable Lending Office (each such loan, a “Revolving Credit Loan”) to the Borrowers in Dollars or in one or more Alternative Currencies from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from the Closing Date until the Maturity Date with respect to such Revolving Credit Lender’s applicable Revolving Credit CommitmentAvailability Period, in an aggregate Principal Amount amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment at such timeCommitment; provided provided, however, that after giving effect to any Revolving Credit Borrowing, (i) the Total Revolving Credit Outstandings shall not exceed the Aggregate Revolving Credit Commitment, (ii) the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such Revolving Credit Lender’s Pro Rata Share or other applicable share provided for under this Agreement Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Revolving Credit Lender’s Pro Rata Share or other applicable share provided for under this Agreement Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Revolving Credit Lender’s Revolving Credit Commitment, (iii) the aggregate Outstanding Amount of all Revolving Credit Loans made to the Designated Borrowers shall not exceed the Designated Borrower Sublimit, and (iv) the aggregate Outstanding Amount of all Revolving Credit Loans and Letters of Credit denominated in Alternative Currencies shall not exceed the Alternative Currency Sublimit. Within the limits of each Revolving Credit Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01(b)2.01, prepay under Section 2.05, and reborrow under this Section 2.01(b)2.01. Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.

Appears in 2 contracts

Samples: Credit Agreement (Flextronics International Ltd.), Credit Agreement (Flextronics International Ltd.)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency Dollars to the Borrowers as elected by the Parent Borrower from its applicable Lending Office pursuant to Section 2.02 (each such loan, a “Revolving Credit Loan”) from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from after the Closing Date until the Maturity Date with respect (provided that each Lender agrees to such make loans denominated in Dollars in an aggregate amount not exceeding its Pro Rata Share of the Initial Revolving Credit Lender’s applicable Revolving Credit CommitmentBorrowing, at the request of the Parent Borrower, on the Closing Date), in an aggregate Principal Amount principal amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment at such timeCommitment; provided that after giving effect to any Revolving Credit Borrowing, the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans plus such Lender’s Pro Rata Share of the Outstanding Amount of all Protective Advances shall not exceed such Lender’s Revolving Credit Commitment. Within the limits of each Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01(b2.01(a), prepay under Section 2.05, and reborrow under this Section 2.01(a) (provided that, in each such case, such Revolving Credit Loans shall not, after giving effect thereto and to the application of the proceeds thereof, result at such time in the aggregate Revolving Credit Exposures’ exceeding the lesser of (x) the Borrowing Base and (y) the Aggregate Commitments, in each case as then in effect (subject to Section 2.01(b)) and the Borrowers may prepay under Section 2.05. Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.

Appears in 2 contracts

Samples: Credit Agreement (LVB Acquisition, Inc.), Credit Agreement (Biolectron, Inc.)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency to the Borrower from its applicable Lending Office (each such loan, a “Revolving Credit Loan”) to the Borrowers from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from Availability Period for the Closing Date until the Maturity Date with respect to such Revolving Credit Lender’s applicable Revolving Credit CommitmentFacility, in an aggregate Principal Amount amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment at such timeCommitment; provided provided, however, that after giving effect to any Revolving Credit Borrowing, (i) the Total Revolving Credit Outstandings shall not exceed the lesser of (A) the Borrowing Base, and (B) the Revolving Credit Facility, and (ii) the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such Revolving Credit Lender’s Pro Rata Share or other applicable share provided for under this Agreement Applicable Revolving Credit Percentage of the Outstanding Amount of all L/C Obligations, plus such Revolving Credit Lender’s Pro Rata Share or other applicable share provided for under this Agreement Applicable Revolving Credit Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Revolving Credit Lender’s Revolving Credit Commitment. Within the limits of each Revolving Credit Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Eurodollar Rate Loans, as further provided herein.

Appears in 2 contracts

Samples: Credit Agreement (Stonemor Partners Lp), Credit Agreement (Stonemor Partners Lp)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency to the Borrower from its applicable Lending Office Dollars or in one or more Alternative Currencies (each such loan, a “Revolving Credit Loan”) to the Borrowers (on a joint and several basis) from time to time as elected by on and after the Borrower pursuant to Section 2.02Closing Date, on any Business Day during until and excluding the period from the Closing Date until Business Day preceding the Maturity Date with respect to such for the Revolving Credit Lender’s applicable Revolving Credit CommitmentFacility, in an aggregate Principal Amount amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment at such timeCommitment; provided provided, however, that after giving effect to any Revolving Credit Borrowing, (i) the Total Revolving Credit Outstandings (when aggregated with all Ancillary Outstandings) shall not exceed the Revolving Credit Facility and (ii) the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans Ancillary Outstandings shall not exceed such Lender’s Revolving Credit Commitment. Within the limits of each Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). Revolving Credit Loans denominated in Dollars may be Base Rate Loans (if denominated in Dollars) or Eurocurrency Rate Loans, as further provided herein. To the extent that any portion of the Revolving Credit Facility has been refinanced with one or more new revolving credit facilities constituting Specified Refinancing Debt, each Revolving Credit Borrowing (including any deemed Revolving Credit Borrowings made pursuant to Section 2.03) shall be allocated pro rata among the Revolving Tranches.

Appears in 2 contracts

Samples: Credit Agreement (Atotech LTD), Credit Agreement (Atotech LTD)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency to the Borrower from its applicable Lending Office (each such loan, a an Initial Revolving Credit Loan”) to the Borrower from time to time as elected by on and after the Borrower pursuant to Section 2.02Closing Date, on any Business Day during until and excluding the period from the Closing Date until Business Day preceding the Maturity Date with respect to such for the Initial Revolving Credit Lender’s applicable Revolving Credit CommitmentFacility, in an aggregate Principal Amount amount not to exceed at any time outstanding the amount of such Lender’s Initial Revolving Credit Commitment at such timeCommitment; provided provided, however, that (x) the aggregate amount of Initial Revolving Credit Loans made on the Closing Date shall not exceed $50,000,000 (excluding drawings to finance any OID or upfront fees or other Transaction Costs) and (y) after giving effect to any Revolving Credit Borrowing, (i) the Total Revolving Credit Outstandings shall not exceed the Revolving Credit Facility and (ii) the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Credit Commitment. Within the limits of each Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Eurodollar Rate Loans, as further provided herein. In the event that the Closing Date shall not have occurred on or prior to the Termination Date, each Revolving Credit Lender’s Initial Revolving Credit Commitment shall automatically expire, and each Revolving Credit Lender shall have no further obligation to make Revolving Credit Loans.

Appears in 2 contracts

Samples: Credit Agreement (Chicagoland Television News, LLC), Credit Agreement (Tribune Media Co)

The Revolving Credit Borrowings. The Parent Borrower and the Revolving Credit Lenders acknowledge the making of Dollar Revolving Credit Loans and Alternate Currency Revolving Credit Loans, in each case pursuant to Section 2.01(b) of the Existing Credit Agreement. The Parent Borrower and the Revolving Credit Lenders acknowledge and agree that, to the extent outstanding on the Restatement Date, the Dollar Revolving Credit Loans and Alternate Currency Revolving Credit Loans shall continue to be outstanding as Dollar Revolving Credit Loans and Alternate Currency Revolving Credit Loans, as applicable, under this Agreement, pursuant to the terms and conditions of this Agreement and the other Loan Documents. Subject to the terms and conditions set forth herein herein, (i) each Dollar Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency Dollars to the Parent Borrower from its applicable Lending Office as elected by the Parent Borrower pursuant to Section 2.02 (each such loan, a “Dollar Revolving Credit Loan”) from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from after the Closing Date until the Maturity Date with respect to such (provided that each Dollar Revolving Credit Lender’s applicable Lender agrees to make loans denominated in Dollars in an aggregate amount not exceeding its Pro Rata Share of the Initial Revolving Credit CommitmentBorrowing on the Closing Date), in an aggregate Principal Dollar Amount not to exceed at any time outstanding the amount of such Lender’s Dollar Revolving Credit Commitment at such timeCommitment; provided that after giving effect to any Dollar Revolving Credit Borrowing, the aggregate Outstanding Amount of the Dollar Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Dollar L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Dollar Revolving Credit Commitment; and (ii) each Alternative Currency Revolving Credit Lender severally agrees to make loans denominated in Dollars or an Alternative Currency to the Parent Borrower and the Foreign Subsidiary Revolving Borrowers as elected by the relevant Borrower pursuant to Section 2.02 (each such loan, an “Alternative Currency Revolving Credit Loan”) from time to time, on any Business Day after the Closing Date until the Maturity Date, in an aggregate Dollar Amount not to exceed at any time outstanding the amount of such Lender’s Alternative Currency Revolving Credit Commitment; provided that after giving effect to any Alternative Currency Revolving Credit Borrowing, the aggregate Outstanding Amount of the Alternative Currency Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share of the Outstanding Amount of all Alternative Currency L/C Obligations shall not exceed such Lender’s Alternative Currency Revolving Credit Commitment. Within the limits of each Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). Dollar Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein, and Alternative Currency Revolving Credit Loans (other than Alternative Currency Revolving Credit Loans denominated in Dollars, which may be Base Rate Loans or Eurocurrency Rate Loans) must be Eurocurrency Rate Loans, as further provided herein.

Appears in 2 contracts

Samples: Credit Agreement (Clear Channel Communications Inc), Credit Agreement (Clear Channel Communications Inc)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency US Dollars to the Borrower from its applicable Lending Office (each such loan, a “Revolving Credit Loan”) from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from following the Closing Date until during the Maturity Date with respect to such Revolving Credit Lender’s applicable Revolving Credit CommitmentCommitment Period, in an aggregate Principal Amount amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment at such timeCommitment; provided that after giving effect to any Revolving Credit Borrowing, the aggregate Outstanding Amount of the Revolving Credit Loans of any Revolving Credit Lender, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans Loans, shall not exceed such Lender’s Revolving Credit Commitment. Within the limits of each Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow re-borrow under this Section 2.01(b). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Eurodollar Rate Loans, as further provided herein; provided that all Revolving Credit Loans made by each of the Lenders pursuant to the same Borrowing shall, unless otherwise specifically provided herein, consist entirely of Revolving Credit Loans of the same Type made to the Borrower.

Appears in 2 contracts

Samples: Credit Agreement (ClubCorp Holdings, Inc.), Credit Agreement (University Club, Inc. (FL))

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency to the Borrower from its applicable Lending Office (each such loan, a “Revolving Credit Loan”) to the Borrowers from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from Availability Period for the Closing Date until the Maturity Date with respect to such Revolving Credit Lender’s applicable Revolving Credit CommitmentFacility, in an aggregate Principal Amount amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment at such timeCommitment; provided provided, however, that after giving effect to any Revolving Credit Borrowing, (i) the Total Revolving Credit Outstandings shall not exceed the Revolving Credit Facility, (ii) the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such Revolving Credit Lender’s Pro Rata Share or other applicable share provided for under this Agreement Applicable Revolving Credit Percentage of the Outstanding Amount of all L/C Obligations, plus such Revolving Credit Lender’s Pro Rata Share or other applicable share provided for under this Agreement Applicable Revolving Credit Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Revolving Credit Lender’s Revolving Credit CommitmentCommitment and (iii) the Total Outstandings shall not exceed the Borrowing Base. Within the limits of each Revolving Credit Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01(b2.01(c), prepay under Section 2.05, and reborrow under this Section 2.01(b2.01(c). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Eurodollar Rate Loans, as further provided herein.

Appears in 2 contracts

Samples: Credit Agreement (Government Properties Income Trust), Credit Agreement (Government Properties Income Trust)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency to the Borrower from its applicable Lending Office (each such loan, a “Revolving Credit Loan”) to the Borrower in Dollars or in one or more Alternative Currencies from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from Availability Period for the Closing Date until the Maturity Date with respect to such Revolving Credit Lender’s applicable Revolving Credit CommitmentFacility, in an aggregate Principal Amount principal amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment at such timeCommitment; provided provided, however, that after giving effect to any Revolving Credit Borrowing, (i) the Total Revolving Credit Outstandings shall not exceed the Revolving Credit Facility, (ii) the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such Revolving Credit Lender’s Pro Rata Share or other applicable share provided for under this Agreement Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Revolving Credit Lender’s Pro Rata Share or other applicable share provided for under this Agreement Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Revolving Credit Lender’s Revolving Credit Commitment, (iii) if such Revolving Credit Loan is to be made in an Alternative Currency, the aggregate Outstanding Amounts of all Revolving Credit Loans and Letters of Credit denominated in Alternative Currencies shall not exceed the Alternative Currency Sublimit, and (iv) the outstanding amount of the Revolving Credit Loans shall not exceed the Revolving Credit Facility. Within the limits of each Revolving Credit Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Loans, Eurocurrency Rate LoansLoans denominated in Dollars or an Alternative Currency other than A$ or BBSY Loans denominated in A$, as further provided herein.

Appears in 2 contracts

Samples: Omnibus Amendment Agreement (Peabody Energy Corp), Credit Agreement (Peabody Energy Corp)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit loans denominated in Dollars or an Approved Alternate Currency to the Borrower from its applicable Lending Office (each such loan, a an Initial Revolving Credit Loan”) to the Borrower from time to time as elected by on or after the Borrower pursuant to Section 2.02Closing Date, on any Business Day during until and excluding the period from the Closing Date until Business Day preceding the Maturity Date with respect to such for the Initial Revolving Credit Lender’s applicable Revolving Credit CommitmentFacility, in an aggregate Principal Amount amount not to exceed at any time outstanding the amount of such Lender’s Initial Revolving Credit Commitment at such timeCommitment; provided provided, however, that after giving effect to any Borrowing of Initial Revolving Credit BorrowingLoans, (i) the Total Revolving Credit Outstandings applicable to the Initial Revolving Credit Facility shall not exceed the Initial Revolving Credit Facility and (ii) the aggregate Outstanding Amount of the Initial Revolving Credit Loans of any LenderLender (including any exposure under outstanding Swing Line Loans), plus such Lender’s Pro Rata Share or other applicable share provided for (under this Agreement the Initial Revolving Credit Facility) of the Outstanding Amount of all L/C ObligationsObligations (applicable to the Initial Revolving Credit Facility), plus such Lender’s Pro Rata Share or other applicable share provided for (under this Agreement the Initial Revolving Credit Facility) of the Outstanding Amount of all Swing Line Loans Loans, shall not exceed such Lender’s Initial Revolving Credit Commitment. Within the limits of each Lender’s Initial Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Eurodollar Rate Loans, as further provided herein; provided that any Revolving Credit Loans denominated in an Alternate Currency shall be Eurodollar Rate Loans. If at the time of any Borrowing of Revolving Credit Loans (including any deemed Borrowing of Revolving Credit Loans made pursuant to Section 2.03) there shall be more than one Tranche of Revolving Credit Commitments, such Borrowing shall be allocated pro rata among such Tranches.

Appears in 2 contracts

Samples: Credit Agreement (Visteon Corp), Credit Agreement (Visteon Corp)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency to the Borrowers in Dollars as elected by the Parent Borrower from its applicable Lending Office pursuant to Section 2.02 (each such loan, a “Revolving Credit Loan”) from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from after the Closing Date until the Maturity Date with respect (provided that each Lender agrees to such make loans in an aggregate amount not exceeding its Pro Rata Share of the Initial Revolving Credit Lender’s applicable Revolving Credit CommitmentBorrowing on the Closing Date), in an aggregate Principal Amount amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment at such timeCommitment; provided that after giving effect to any Revolving Credit Borrowing, the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans Loans, plus such Lender’s Pro Rata Share of the Outstanding Amount of all Protective Advances shall not exceed such Lender’s Revolving Credit Commitment. Within the limits of each Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein. Within the limits of each Lender’s Revolving Credit Commitment, and subject to the other terms and conditions hereof, the Borrowers may borrow under this Section 2.01(b), and reborrow under this Section 2.01(b) (provided that, in each such case, such Revolving Credit Loans shall not, after giving effect thereto and to the application of the proceeds thereof, result at such time in the aggregate Revolving Credit Exposures’ exceeding the lesser of (x) the Borrowing Base and (y) the Aggregate Commitments, in each case as then in effect (subject to Section 2.01(c)); and the Borrowers may prepay under Section 2.05.

Appears in 2 contracts

Samples: Credit Agreement (CC Media Holdings Inc), Credit Agreement (C C Media Holdings Inc)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender with any Revolving Credit Commitment severally agrees to make revolving credit loans Revolving Credit Loans denominated in an Approved Currency one or more Available Currencies pursuant to the Borrower Section 2.02 from its applicable Lending Office (each such loanto the applicable Borrowers, a “Revolving Credit Loan”) from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from the Closing Date until the Maturity Date with respect to such Revolving Credit Lender’s applicable Revolving Credit CommitmentAvailability Period, in an aggregate Principal Amount amount, calculated by the Administrative Agent, not to exceed at any time outstanding the amount of such Revolving Credit Lender’s applicable Revolving Credit Commitment at such timeCommitment; provided that after giving effect to any Revolving Credit Borrowing, the aggregate Outstanding Amount of the Revolving Credit Loans of any Revolving Credit Lender, plus such Revolving Credit Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C ObligationsObligations in respect of Letters of Credit, plus the Outstanding Amount of all L/C Obligations of such Revolving Credit Lender under Alternative Letters of Credit issued by such Revolving Credit Lender, plus such Revolving Credit Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans Loans, in each case with respect to such Revolving Credit Commitment, shall not exceed such Revolving Credit Lender’s Revolving Credit Commitment. Within the limits of each Revolving Credit Lender’s applicable Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.

Appears in 2 contracts

Samples: Credit Agreement (Liberty Latin America Ltd.), Credit Agreement (Liberty Latin America Ltd.)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency Dollars to the Borrower from its applicable Lending Office (each such loan, a “Revolving Credit Loan”) from time to time as elected by the Borrower pursuant to Section 2.02, on any Business Day during the period from the Closing Date until the Maturity Date with respect to such Revolving Credit Lender’s applicable Revolving Credit Commitment, in an aggregate Principal Amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment at such time; provided that after giving effect to any Revolving Credit Borrowing, the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans Lender shall not exceed such Lender’s Revolving Credit Commitment. Within the limits of each Lender’s Revolving Credit Commitments, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.

Appears in 2 contracts

Samples: Credit Agreement (Red Lion Hotels CORP), Credit Agreement (Red Lion Hotels CORP)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency to the Borrower from its applicable Lending Office as elected by the Borrower pursuant to Section 2.02 (each such loan, a “Revolving Credit Loan”) from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from after the Closing Date until the Maturity Date with respect to such (provided that each Revolving Credit Lender’s applicable Lender agrees to make the Initial Revolving Credit CommitmentBorrowing, at the request of the Borrower, on the Closing Date), in an aggregate Principal Amount principal amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment at such timeCommitment; provided that that, after giving effect to any Revolving Credit Borrowing, the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such Revolving Credit Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Revolving Credit Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans shall not exceed such Revolving Credit Lender’s Revolving Credit Commitment. Within the limits of each Revolving Credit Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(b2.01(c), prepay under Section 2.05, 2.05 and reborrow under this Section 2.01(b2.01(c). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.

Appears in 2 contracts

Samples: Credit Agreement (Catalent Pharma Solutions, Inc.), Credit Agreement (Catalent Pharma Solutions, Inc.)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit (or cause its Applicable Lending Office to make) loans denominated in an Approved Currency to the Borrower from its applicable Lending Office Dollars (each such loan, a “Revolving Credit Loan”) from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from on and after the Closing Date until the Maturity Date with respect to such the Revolving Credit Lender’s applicable Revolving Credit CommitmentFacility, in an aggregate Principal Amount principal amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment at such timeCommitment; provided that after giving effect to any such Revolving Credit Borrowing, the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans Obligations shall not exceed such Lender’s Revolving Credit Commitment. Within the limits of each Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). Revolving Credit Loans denominated in Dollars may be Base Rate Loans, Eurodollar Rate Loans or Eurocurrency a LIBOR Daily Floating Rate LoansLoan, as further provided herein.

Appears in 2 contracts

Samples: Credit Agreement (Phibro Animal Health Corp), Credit Agreement (Phibro Animal Health Corp)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein (including without limitation the conditions set forth in Section 4.02), each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency to the Borrower from its applicable Lending Office (each such loan, a “Revolving Credit Loan”) to the U.S. Borrower in Dollars and to any Designated Foreign Subsidiary Borrower in Dollars or in one or more Alternative Currencies from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from Availability Period for the Closing Date until the Maturity Date with respect to such Revolving Credit Lender’s applicable Revolving Credit CommitmentFacility, in an aggregate Principal Amount amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment at such timeCommitment; provided provided, however, that after giving effect to any Revolving Credit Borrowing, (i) the Total Revolving Credit Outstandings shall not exceed the Revolving Credit Facility, (ii) the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such Revolving Credit Lender’s Pro Rata Share or other applicable share provided for under this Agreement Applicable Revolving Credit Percentage of the Outstanding Amount of all L/C Obligations, plus such Revolving Credit Lender’s Pro Rata Share or other applicable share provided for under this Agreement Applicable Revolving Credit Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Revolving Credit Lender’s Revolving Credit Commitment, and (iii) the aggregate Outstanding Amount of all Revolving Credit Loans made in Alternative Currencies shall not exceed the Alternative Currency Sublimit. Within the limits of each Revolving Credit Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). Revolving Credit Loans denominated in Dollars made to the U.S. Borrower may be Base Rate Loans or Eurocurrency Eurodollar Rate Loans, as further provided herein, and all Revolving Credit Loans made to any Designated Foreign Subsidiary Borrower shall be Eurodollar Rate Loans (or, if denominated in Dollars, may also be made as Base Rate Loans) as further provided herein. Notwithstanding the foregoing, all Borrowings in Alternative Currencies made at any time shall be Eurodollar Rate Loans.

Appears in 2 contracts

Samples: Credit Agreement (Appleton Papers Inc/Wi), Credit Agreement (Paperweight Development Corp)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender with any Revolving Credit Commitment severally agrees to make revolving credit loans Revolving Credit Loans denominated in an Approved Currency one or more Available Currencies pursuant to the Borrower Section 2.02 from its applicable Lending Office (each such loanto the Borrowers, a “Revolving Credit Loan”) from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from the Closing Date until the Maturity Date with respect to such Revolving Credit Lender’s applicable Revolving Credit CommitmentAvailability Period, in an aggregate Principal Amount Dollar Equivalent, calculated by the Administrative Agent, not to exceed at any time outstanding the amount of such Revolving Credit Lender’s Revolving Credit Commitment at such timeCommitment; provided that after giving effect to any Revolving Credit Borrowing, the aggregate Outstanding Amount of the Revolving Credit Loans of any Revolving Credit Lender, plus such Revolving Credit Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C ObligationsObligations in respect of Letters of Credit, plus the Outstanding Amount of all L/C Obligations of such Revolving Credit Lender under Alternative Letters of Credit issued by such Revolving Credit Lender, plus such Revolving Credit Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans Loans, shall not exceed such Revolving Credit Lender’s Revolving Credit Commitment. Within the limits of each Revolving Credit Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein. The borrowing and repayment (except for (i) payments of interest and fees at different rates on the Class A Revolving Credit Commitments and Class B Revolving Credit Commitments (and related outstandings), (ii) repayments required upon the Maturity Date of the Class A Revolving Credit Commitments or the Maturity Date of the Class B Revolving Credit Commitments and (iii) repayment made in connection with a permanent repayment and termination of commitments (in accordance with Section 2.06)) of Class B Revolving Credit Loans after the First Amendment Effective Date shall be made on a pro rata basis with the Class A Revolving Credit Loans.

Appears in 2 contracts

Samples: Credit Agreement (Liberty Latin America Ltd.), Credit Agreement (Liberty Latin America Ltd.)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency Dollars to the Borrower from its applicable Lending Office (each such loan, a “Revolving Credit Loan”) from time to time as elected by the Borrower pursuant to Section 2.02, on any Business Day during the period from the Closing Date until the Maturity Date with respect to such Revolving Credit Lender’s applicable Revolving Credit Commitment, in an aggregate Principal Amount principal amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment at such time; provided that after giving effect to any Revolving Credit Borrowing, the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Credit Commitment. Within the limits of each Lender’s Revolving Credit Commitments, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.

Appears in 2 contracts

Samples: Credit Agreement (Beasley Broadcast Group Inc), Credit Agreement (Beasley Broadcast Group Inc)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, (i) each US Dollar Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency to the Borrower from its applicable Lending Office (each such loan, a “Revolving Credit Loan”) Company in Dollars from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from the Closing Date until the Maturity Date with respect applicable to such Revolving Credit Lender’s applicable US Dollar Revolving Credit Commitment, in an aggregate Principal Amount amount not to exceed at any time outstanding the amount of such Lender’s US Dollar Revolving Credit Commitment Commitment, and (ii) each Multicurrency Revolving Credit Lender severally agrees to make loans to the Borrowers in Dollars or in one or more Alternative Currencies from time to time, on any Business Day until the Maturity Date applicable to such Lender’s Multicurrency Revolving Credit Commitment, in an aggregate amount not to exceed at any time outstanding the amount of such timeLender’s Multicurrency Revolving Credit Commitment; provided that after giving effect to any Multicurrency Revolving Credit Borrowing, (x) the Multicurrency Revolving Outstandings of any Lender shall not exceed such Lender’s Multicurrency Revolving Credit Commitment, (y) the aggregate Outstanding Amount of the all Multicurrency Revolving Credit Loans of any Lenderdenominated in Australian Dollars, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans Obligations denominated in Australian Dollars shall not exceed such Lender’s the Australian Dollar Sublimit and (z) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Credit CommitmentCommitments. Within the limits of each Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the a Borrower may borrow under this Section 2.01(b), prepay under Section 2.05, 2.06 and reborrow under this Section 2.01(b). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein. Notwithstanding the foregoing, in the event the Borrowers desire to make a Revolving Credit Borrowing in a currency other than Dollars or an Alternative Currency and some, but not all, of the Multicurrency Revolving Credit Lenders are willing to fund such Borrowing in the Borrowers’ desired currency, the Borrowers shall be permitted, with the reasonable consent of the Administrative Agent, to create a subtranche of the Multicurrency Revolving Credit Facility in which only Multicurrency Revolving Credit Lenders willing to fund in the desired currency (each, an “Additional Alternative Currency”) shall participate, and with respect to such subtranche, such Additional Alternative Currency shall be deemed to be an Alternative Currency for all purposes hereof. Each Multicurrency Revolving Credit Lender may, at its option, make any Multicurrency Revolving Credit Loan denominated in an Alternative Currency available to any Designated Borrower that is a Foreign Subsidiary by causing any foreign or domestic branch or Affiliate of such Lender to make such Loan; provided that any exercise of such option shall not affect the obligation of such Designated Borrower to repay such Loan in accordance with the terms of this Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Fidelity National Information Services, Inc.), Amendment and Restatement Agreement (Fidelity National Information Services, Inc.)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency to the Borrower from (or cause its applicable Applicable Lending Office (each such loan, a “to make) Revolving Credit Loan”) Loans from time to time as elected by the Borrower pursuant to Section 2.02, on any Business Day during the period from the Closing Date until the Maturity Date with respect to such Availability Period in Dollars or in any Revolving Credit Lender’s applicable Revolving Credit Commitment, Alternative Currency in an aggregate Principal Amount principal amount that will not (after giving effect to exceed at any time outstanding prepayment of any Borrowing made with proceeds of such Loans on the amount of same Business Day) result in (i) such Lender’s Revolving Credit Exposure exceeding such Lender’s Revolving Credit Commitment at such time; provided that after giving effect to any or (ii) the aggregate Revolving Credit Borrowing, Exposure exceeding the aggregate Outstanding Amount of the Revolving Credit Loans of any LenderCommitments; provided, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of that the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans aggregate Revolving Credit Exposure denominated in Revolving Alternative Currencies shall not at any time exceed such Lender’s Revolving Credit Commitmentthe Alternative Currency Sublimit. Within the limits of each Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01(b2.01(c), prepay under Section 2.05, and reborrow under this Section 2.01(b2.01(c). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, and Revolving Credit Loans denominated in any Revolving Alternative Currency shall be Eurocurrency Rate Loans, as further provided herein.

Appears in 2 contracts

Samples: Credit Agreement (Yum Brands Inc), Credit Agreement (Yum Brands Inc)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender with any Revolving Credit Commitment severally agrees to make revolving credit loans Revolving Credit Loans denominated in an Approved Currency one or more Available Currencies pursuant to the Borrower Section 2.02 from its applicable Lending Office (each such loanto the applicable Borrowers, a “Revolving Credit Loan”) from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from the Closing Date until the Maturity Date with respect to such Revolving Credit Lender’s applicable Revolving Credit CommitmentAvailability Period, in an aggregate Principal Amount amount, calculated by the Administrative Agent, not to exceed at any time outstanding the amount of such Revolving Credit Lender’s applicable Revolving Credit Commitment at such timeCommitment; provided that after giving effect to any Revolving Credit Borrowing, the aggregate Outstanding Amount of the Revolving Credit Loans of any Revolving Credit Lender, plus such Revolving Credit Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C ObligationsObligations in respect of Letters of Credit, plus the Outstanding Amount of all L/C Obligations of such Revolving Credit Lender under Alternative Letters of Credit issued by such Revolving Credit Lender, plus such Revolving Credit Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans Loans, in each case with respect to such Revolving Credit Commitment, shall not exceed such Revolving Credit Lender’s Revolving Credit Commitment. Within the limits of each Revolving Credit Lender’s applicable Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein. The borrowing and repayment (except for (i) payments of interest and fees at different rates on the Class B Revolving Credit Commitments, Extended Class B Revolving Credit Commitments and 2021 Extended Class B Revolving Credit Commitments (and related outstandings), (ii) repayments required upon the Maturity Date of the Class B Revolving Credit Commitments, the Maturity Date of the Extended Class B Revolving Credit Commitments or the Maturity Date of the 2021 Extended Class B Revolving Credit Commitments and (iii) repayments made in connection with a permanent repayment and termination of commitments (in accordance with Section 2.06)) of Class B Revolving Credit Loans, Extended Class B Revolving Credit Loans and 2021 Extended Class B Revolving Credit Loans after the 2021 Extension Effective Date shall be made on a pro rata basis with the Class B Revolving Credit Loans, Extended Class B Revolving Credit Loans and 2021 Extended Class B Revolving Credit Commitments, as applicable.

Appears in 2 contracts

Samples: Additional Facility Joinder Agreement (Liberty Latin America Ltd.), Extension Amendment (Liberty Latin America Ltd.)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein each Tranche A Revolving Credit Lender severally agrees to make revolving credit loans Tranche A Revolving Credit Loans denominated in Dollars or an Approved Alternative Currency as elected by either U.S. Borrower or the Dutch Borrower pursuant to the Section 2.02 to such Borrower from its applicable Lending Office (each such loan, a “Tranche A Revolving Credit Loan” or a “Revolving Credit Loan”) from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from the Closing Date until the Maturity Date with respect to such for the Revolving Credit Lender’s applicable Revolving Credit CommitmentFacility, in an aggregate Principal Dollar Amount not to exceed at any time outstanding the amount of such Lender’s Tranche A Revolving Credit Commitment at such timeCommitment; provided that after giving effect to any Tranche A Revolving Credit Borrowing, the aggregate Outstanding Amount of the Tranche A Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Tranche A Revolving Credit Commitment. Within the limits of each Lender’s Revolving Credit Commitments, and subject to the other terms and conditions hereof, the each Borrower may borrow under this Section 2.01(b2.01(c), prepay under Section 2.05, and reborrow under this Section 2.01(b2.01(c). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein, and Revolving Credit Loans denominated in Alternative Currencies must be Eurocurrency Rate Loans, as further provided herein. For the avoidance of doubt all Letters of Credit outstanding prior to the Fifth A&R Effective Date shall remain outstanding thereafter and all Tranche A Revolving Credit Loans shall be repaid and redrawn on the Fifth A&R Effective Date.

Appears in 2 contracts

Samples: Credit Agreement (Nielsen Holdings PLC), Credit Agreement (Nielsen Holdings PLC)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit loans Revolving Credit Loans denominated in an Approved Currency Dollars to the Borrower from its applicable Lending Office (each such loan, a “Revolving Credit Loan”) from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from the Closing Date until the Business Day preceding the Maturity Date with respect to such for the Revolving Credit Lender’s applicable Revolving Credit CommitmentFacility, in an aggregate Principal Amount principal amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment at such timeCommitment; provided provided, that after giving effect to any Revolving Credit Borrowing, the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans Loans, shall not exceed such Lender’s Revolving Credit Commitment; and provided, further, that on the Closing Date, any Revolving Credit Borrowings shall be limited to (i) an amount equal to Closing Date Transaction Expenses and other expenses relating to the Transactions plus (ii) an amount not to exceed $5 million for working capital and general corporate purposes. Within the limits of each Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Eurodollar Rate Loans, as further provided herein.

Appears in 2 contracts

Samples: Credit Agreement (Halyard Health, Inc.), Credit Agreement (Halyard Health, Inc.)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein (i) each Dollar Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency Dollars to the Borrower from its applicable Lending Office as elected by the Borrower pursuant to Section 2.02 (each such loan, a “Dollar Revolving Credit Loan”) from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from following the Closing Date until the Maturity Date with respect to such Revolving Credit Lender’s applicable Revolving Credit CommitmentDate, in an aggregate Principal Dollar Amount not to exceed at any time outstanding the amount of such Lender’s Dollar Revolving Credit Commitment at such timeCommitment; provided that after giving effect to any Dollar Revolving Credit Borrowing, the aggregate Outstanding Amount of the Dollar Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Dollar L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Dollar Revolving Credit Commitment; and (ii) each Alternative Currency Revolving Credit Lender severally agrees to make loans denominated in an Alternative Currency or Dollars to the Borrower as elected by the Borrower pursuant to Section 2.02 (each such loan, an “Alternative Currency Revolving Credit Loan”) from time to time, on any Business Day following the Closing Date until the Maturity Date, in an aggregate Dollar Amount not to exceed at any time outstanding the amount of such Lender’s Alternative Currency Revolving Credit Commitment; provided that after giving effect to any Alternative Currency Revolving Credit Borrowing, the aggregate Outstanding Amount of the Alternative Currency Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share of the Outstanding Amount of all Alternative Currency L/C Obligations shall not exceed such Lender’s Alternative Currency Revolving Credit Commitment. Within the limits of each Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(b2.01(c), prepay under Section 2.05, and reborrow under this Section 2.01(b2.01(c). Dollar Revolving Credit Loans and Alternative Currency Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein, and Alternative Currency Revolving Credit Loans denominated in Alternative Currency must be Eurocurrency Rate Loans, as further provided herein.

Appears in 2 contracts

Samples: Credit Agreement (Orbitz Worldwide, Inc.), Credit Agreement (Orbitz Worldwide, Inc.)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency Dollars to the Borrower from its applicable Lending Office (each such loan, a “Revolving Credit Loan”) from time to time as elected by the Borrower pursuant to Section 2.02, on any Business Day during the period from the Closing Date until the Maturity Date with respect to such Revolving Credit Lender’s applicable Revolving Credit Commitment, in an aggregate Principal Amount principal amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment at such time; provided that after giving effect to any Revolving Credit Borrowing, the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Credit Commitment. Within the limits of each Lender’s Revolving Credit Commitments, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.

Appears in 2 contracts

Samples: Credit Agreement (Apria, Inc.), Credit Agreement (Apria, Inc.)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency US Dollars to the each Revolving Credit Borrower from its applicable Lending Office (each such loan, a “Revolving Credit Loan”) from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from the Closing Date until the Maturity Date with respect to such Revolving Credit Lender’s applicable Revolving Credit CommitmentCommitment Period, in an aggregate Principal Amount amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment at such timeCommitment; provided that after giving effect to any Revolving Credit Borrowing, the aggregate Outstanding Amount of the Revolving Credit Loans of any Revolving Credit Lender, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans Loans, shall not exceed such Lender’s Revolving Credit Commitment. Within the limits of each Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the each Revolving Credit Borrower may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Eurodollar Rate Loans, as further provided herein; provided that all Revolving Credit Loans made by each of the Lenders pursuant to the same Borrowing shall, unless otherwise specifically provided herein, consist entirely of Revolving Credit Loans of the same Type made to the same Borrower.

Appears in 2 contracts

Samples: Credit Agreement (Warner Chilcott PLC), Credit Agreement (Warner Chilcott PLC)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit (or cause its Applicable Lending Office to make) loans denominated in an Approved Currency to the Borrower from its applicable Lending Office Dollars or Euro (each such loan, a “Revolving Credit Loan”) from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from after the Closing Date until the Maturity Date with respect to such the Revolving Credit Lender’s applicable Facility (provided that each Revolving Credit CommitmentLender agrees to make the Initial Revolving Borrowing, at the request of the Borrowers, on the Closing Date), in an aggregate Principal Amount principal amount (based on the Dollar Equivalent thereof) not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment at such timeCommitment; provided that after giving effect to any such Revolving Credit Borrowing, the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Credit Commitment. Within the limits of each Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01(b2.01(c), prepay under Section 2.05, and reborrow under this Section 2.01(b2.01(c). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.

Appears in 2 contracts

Samples: Credit Agreement (Kinetic Concepts Inc), Credit Agreement (KCI Animal Health, LLC)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein each 2021 Refinancing Revolving Credit Lender severally agrees to make revolving credit loans 2021 Refinancing Revolving Credit Loans denominated in an Approved Currency Dollars or Euros as elected by the Borrowers pursuant to Section 2.02 to the Borrower Borrowers from its applicable Lending Office (each such loan, a “2021 Refinancing Revolving Credit Loan”) from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from the Closing 2021 Refinancing Revolver Amendment Effective Date until the Maturity Date with respect to such Revolving Credit Lender’s applicable Revolving Credit CommitmentDate, in an aggregate Principal Dollar Amount not to exceed at any time outstanding the amount of such Lender’s 2021 Refinancing Revolving Credit Commitment at such timeCommitment; provided that after giving effect to any Revolving Credit Borrowing, Borrowing the aggregate Outstanding Amount of the 2021 Refinancing Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s 2021 Refinancing Revolving Credit Commitment. Within the limits of each Lender’s 2021 Refinancing Revolving Credit Commitments, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b)) until the Maturity Date. 2021 Refinancing Revolving Credit Loans denominated in Dollars may be Base Rate Loans (if denominated in Dollars) or Eurocurrency Benchmark Rate Loans, as further provided herein.

Appears in 2 contracts

Samples: Credit Agreement (Trinseo PLC), Credit Agreement (Trinseo PLC)

The Revolving Credit Borrowings. (i) Subject to the terms and conditions set forth herein herein, (A) each Extending Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency to the Borrower from its applicable Lending Office (each such loan, a an Extended Revolving Credit Loan”) to the Borrower from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from the Closing Date until the Extended Revolver Maturity Date with respect to such Revolving Credit Lender’s applicable Revolving Credit CommitmentDate, in an aggregate Principal Amount amount not to exceed at any time outstanding the amount of such Lender’s Extended Revolving Credit Commitment at such timeCommitment; provided provided, however, that after giving effect to any Extended Revolving Credit Borrowing, (1) the Total Outstandings under the Revolving Credit Facility shall not exceed the Aggregate Commitments thereunder and (2) the aggregate Outstanding Amount of the Extended Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Extended Revolving Credit Commitment and (B) each Non-Extending Revolving Credit Lender severally agrees to make loans (each such loan, a “Non-Extended Revolving Credit Loan”) to the Borrower from time to time, on any Business Day until the Initial Revolver Maturity Date, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Non-Extended Revolving Credit Commitment; provided, however, that after giving effect to any Non-Extended Revolving Credit Borrowing, (1) the Total Outstandings under the Revolving Credit Facility shall not exceed the Aggregate Commitments thereunder and (2) the aggregate Outstanding Amount of the Non-Extended Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Non-Extended Revolving Credit Commitment. Within the limits of each Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(b2.01(c), prepay under Section 2.05, and reborrow under this Section 2.01(b2.01(c). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Eurodollar Rate Loans, as further provided herein. For the avoidance of doubt, (a) prior to the Initial Revolver Maturity Date, all borrowings of Revolving Credit Loans under this Section 2.01(c) shall be made by each Revolving Credit Lender with a Revolving Credit Commitment based on each such Revolving Credit Lender’s Pro Rata Share of the Revolving Credit Facility without regard to the Class of the Revolving Credit Commitments held by such Revolving Credit Lender , and (b) commencing on the Effective Date, (i) each Revolving Credit Loan and each Revolving Credit Commitment of an Extending Revolving Credit Lender shall be treated for all purposes of this Agreement as an Extended Revolving Credit Loan and an Extended Revolving Credit Commitment, respectively, and (ii) each Revolving Credit Loan and each Revolving Credit Commitment of a Non-Extending Revolving Credit Lender shall be treated for all purposes of this Agreement as a Non-Extended Revolving Credit Loan and a Non-Extended Revolving Credit Commitment, respectively.

Appears in 1 contract

Samples: Credit Agreement (Michael Foods Group, Inc.)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Dollars or any Alternative Currency to the Borrower from its applicable Lending Office (each such loan, a “Revolving Credit Loan”) from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from and including the Closing Date until the Maturity Date with respect to such for the Revolving Credit Lender’s applicable Revolving Credit CommitmentFacility, in an aggregate Principal Amount principal amount not to exceed at any time outstanding the amount of such LenderRevolving Credit Xxxxxx’s Revolving Credit Commitment at such timeCommitment; provided that after giving effect to any Revolving Credit Borrowing, the aggregate Outstanding Amount of the Revolving Credit Loans of any Revolving Credit Lender, plus such Revolving Credit Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, Obligations plus such Revolving Credit Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans shall not exceed such Revolving Credit Lender’s Revolving Credit Commitment. Within the limits of each LenderRevolving Credit Xxxxxx’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(b), prepay under Section 2.052.06, and reborrow under this Section 2.01(b). Revolving Credit Loans denominated in Dollars may be Base Rate ABR Loans, Term Benchmark Loans or Eurocurrency XXXXX Rate Loans, as further provided hereinherein (provided that Revolving Credit Loans denominated in Euros may only be Term Benchmark Loans, Revolving Credit Loans denominated in Pounds Sterling may only be XXXXX Rate Loans and Revolving Credit Loans denominated in Australian Dollars may only be ABBR Loans).

Appears in 1 contract

Samples: Credit Agreement (Bright Horizons Family Solutions Inc.)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein each Tranche A Revolving Credit Lender severally agrees to make revolving credit loans Tranche A Revolving Credit Loans denominated in an Approved Currency Dollars or Euros as elected by either U.S. Borrower or the Dutch Borrower pursuant to the Section 2.02 to such Borrower from its applicable Lending Office (each such loan, a “Tranche A Revolving Credit Loan” or a “Revolving Credit Loan”) from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from the Closing Date until the Maturity Date with respect to such for the Revolving Credit Lender’s applicable Revolving Credit CommitmentFacility, in an aggregate Principal Dollar Amount not to exceed at any time outstanding the amount of such Lender’s Tranche A Revolving Credit Commitment at such timeCommitment; provided that after giving effect to any Tranche A Revolving Credit Borrowing, the aggregate Outstanding Amount of the Tranche A Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Tranche A Revolving Credit Commitment. Within the limits of each Lender’s Revolving Credit Commitments, and subject to the other terms and conditions hereof, the each Borrower may borrow under this Section 2.01(b2.01(c), prepay under Section 2.05, and reborrow under this Section 2.01(b2.01(c). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein, and Revolving Credit Loans denominated in Alternative Currencies must be Eurocurrency Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Nielsen Holdings N.V.)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency to the Borrower from its applicable Lending Office (each such loan, a "Revolving Credit Loan") to the Borrower from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from the Closing Date until the Maturity Date with respect to such Revolving Credit Lender’s applicable Revolving Credit CommitmentAvailability Period, in an aggregate Principal Amount 27amount (based in respect of any Revolving Credit Loans to be denominated in a Committed Currency by reference to the Equivalent thereof in Dollars determined on the date of delivery of the applicable Committed Loan Notice) not to exceed at any time outstanding the amount of such Lender’s 's Revolving Credit Commitment at such timeCommitment; provided provided, however, that after giving effect to any Revolving Credit Borrowing, (i) the Total Outstandings shall not exceed the Aggregate Commitments, (ii) the aggregate Outstanding Amount of all Loans denominated in a Committed Currency shall not exceed the Committed Currency Sublimit, and (iii) the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such Lender’s 's Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s 's Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s 's Revolving Credit Commitment. Within the limits of each Lender’s 's Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Timken Co)

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The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency to the Borrower from its applicable Lending Office Dollars or in one or more Alternative Currencies (each such loan, a “Revolving Credit Loan”) to the Borrower from time to time as elected by on and after the Borrower pursuant to Section 2.02Closing Date, on any Business Day during until and excluding the period from the Closing Date until Business Day preceding the Maturity Date with respect to such Revolving Credit Lender’s for the applicable Revolving Credit CommitmentFacility, in an aggregate Principal Dollar Amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment at such timein respect of the applicable Revolving Facility; provided provided, however, that after giving effect to any Revolving Credit BorrowingBorrowing under the applicable Revolving Facility, (i) the aggregate Dollar Amount of the Total Revolving Credit Outstandings under such Revolving Facility shall not exceed the Revolving Credit Commitments in respect of such Facility and (ii) the aggregate Dollar Amount of the Outstanding Amount of the Revolving Credit Loans under such Revolving Facility of any Lender, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Dollar Amount of the Outstanding Amount of all L/C ObligationsObligations under such Revolving Facility, plus the Dollar Amount of such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Swingline Loans shall not exceed such Lender’s Revolving Credit CommitmentCommitment in respect of such Revolving Facility. Within the limits of each Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). Revolving Credit Loans denominated in Dollars may be Base Rate Loans (if denominated in Dollars) or Eurocurrency Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Medpace Holdings, Inc.)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Dollars or in any Designated Foreign Currency to the Borrower from its applicable Lending Office (each such loan, a “Revolving Credit Loan”) to the Borrowers (on a joint and several basis) from time to time as elected by on and after the Borrower pursuant to Section 2.02Closing Date, on any Business Day during until and excluding the period from the Closing Date until Business Day preceding the Maturity Date with respect to such for the Revolving Credit Lender’s applicable Revolving Credit CommitmentTranche, in an aggregate Principal Amount amount not to exceed at any time outstanding the amount of such Revolving Credit Lender’s Revolving Credit Commitment at such timeCommitment; provided provided, however, that after giving effect to any Revolving Credit BorrowingBorrowing under the Revolving Tranche, (x) the Total Revolving Credit Outstandings under such Tranche shall not exceed the aggregate Revolving Credit Commitments, (y) the Dollar Equivalent of the Outstanding Amount of the Total Revolving Credit Outstandings denominated in a Designated Foreign Currency shall not exceed the Designated Foreign Currency Sublimit and (z) the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such Revolving Credit Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans shall not exceed such Revolving Credit Lender’s Revolving Credit Commitment. Within the limits of each Revolving Credit Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.

Appears in 1 contract

Samples: First Lien Credit Agreement (Pivotal Acquisition Corp)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency Dollars to the Borrower from its applicable Lending Office (each such loan, a “Revolving Credit Loan”) from time to time as elected by the Borrower pursuant to Section 2.02, on any Business Day during the period from the Closing Date until the Maturity Date with respect to such Revolving Credit Lender’s applicable Revolving Credit Commitment, in an aggregate Principal Amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment at such time; provided that (i) the aggregate principal amount of Revolving Credit Loans made on the Closing Date shall not exceed the Initial Revolving Borrowing Cap, and (ii) after giving effect to any Revolving Credit Borrowing, the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans Obligations shall not exceed such Lender’s Revolving Credit Commitment. Within the limits of each Lender’s Revolving Credit Commitments, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein. (i) Subject to the terms and conditions hereof and of Amendment No. 2, each Term Lender that executes and delivers a Consent (as defined in Amendment No. 2) severally agrees to exchange or convert all of its Initial Term Loans outstanding on the Amendment No. 2 Effective Date into a like principal amount of Term B Loans on the Amendment No. 2 Effective Date either by cashless roll or post-closing settlement, as further described in such Lender's Consent (such exchanged or converted Initial Term Loans, the “Converted Initial Term Loans”). All Term B Loans that constitute Converted Initial Term Loans will be of the Type and have the Interest Period (if applicable) specified in the Committed Loan Notice delivered in connection therewith. All accrued and unpaid interest on the Converted Initial Term Loans to, but not including, the Amendment No. 2 Effective Date shall be payable on the Amendment No. 2 Effective Date, but no amounts under Section 3.05 shall be payable in connection with such conversion. (ii) Subject to the terms and conditions hereof and of Amendment No. 2, (A) each Additional Term B Lender severally agrees to make loans denominated in Dollars in an aggregate amount not to exceed the amount of such Additional Term B Lender's Additional Term B Commitment to the Borrower and (B) each Term Lender severally agrees to make its Increased Term B Loans (if any) to the Borrower, in each case, on the Amendment No. 2

Appears in 1 contract

Samples: Credit Agreement (Travelport Worldwide LTD)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency to the Borrower from its applicable Lending Office Dollars (each such loan, a “Revolving Credit Loan”) to the Borrower from time to time as elected by on and after the Borrower pursuant to Section 2.02Closing Date, on any Business Day during until and excluding the period from the Closing Date until Business Day preceding the Maturity Date with respect to such for the Revolving Credit Lender’s applicable Revolving Credit CommitmentFacility, in an aggregate Principal Amount amount not to exceed at any time outstanding the amount of such LenderXxxxxx’s Revolving Credit Commitment at such timeCommitment; provided provided, however, that after giving effect to any Revolving Credit Borrowing, (i) the Total Revolving Credit Outstandings shall not exceed the Revolving Credit Facility and (ii) the aggregate Pro Rata Share of the Outstanding Amount of the Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans Obligations shall not exceed such LenderXxxxxx’s Revolving Credit Commitment. Within the limits of each Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). Revolving Credit Loans denominated in Dollars may be Base Rate ABR Loans or Eurocurrency Rate Term SOFR Loans, as further provided herein. To the extent that any portion of the Revolving Credit Facility has been refinanced with one or more new revolving credit facilities constituting Specified Refinancing Debt, each Revolving Credit Borrowing (including any deemed Revolving Credit Borrowings made pursuant to Section 2.03) shall be allocated pro rata among the Revolving Tranches.

Appears in 1 contract

Samples: Credit Agreement (Townsquare Media, Inc.)

The Revolving Credit Borrowings. On the Amendment No. 59 Effective Date, in accordance with, and upon the terms and conditions set forth in, Amendment No. 59 the entire amount of the existing Revolving Credit Commitments of each New Revolving Credit Lender outstanding on such date shall continue hereunder and be reclassified as New Revolving Credit Commitments on such date, together with any additional New Revolving Credit Commitments pursuant to Amendment No. 59, in an amount for each New Revolving Credit Lender as set forth on Schedule I of Amendment No. 59 under the caption “New Revolving Credit Commitments”. Subject to the terms and conditions set forth herein each New Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency to the Borrower from its applicable Lending Office (each such loan, a “New Revolving Credit Loan”) from time to time as elected by the Borrower pursuant to Section 2.02, on any Business Day during the period from the Closing Amendment No. 59 Effective Date until the Maturity Date with respect to such New Revolving Credit Lender’s applicable New Revolving Credit Commitment, in an aggregate Principal Amount not to exceed at any time outstanding the amount of such LenderLxxxxx’s New Revolving Credit Commitment at such time; provided that after giving effect to any New Revolving Credit Borrowing, the aggregate Outstanding Amount of the New Revolving Credit Loans of any Lender, plus such LenderLxxxxx’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans shall not exceed such LenderLxxxxx’s New Revolving Credit Commitment; provided further that (i) the Euros Outstanding shall not exceed the Euro Sublimit, (ii) the Sterling Outstanding shall not exceed the Sterling Sublimit and (iii) the Yen Outstanding shall not exceed the Yen Sublimit . Within the limits of each Lender’s Revolving Credit Commitments, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(b2.01(c), prepay under Section 2.05, and reborrow under this Section 2.01(b2.01(c). Revolving Credit Loans denominated in Dollars may be Base Rate Loans, RFR Loans or Eurocurrency Rate Term SOFR Loans, as further provided herein. Any existing Revolving Credit Loans outstanding on the Amendment No. 59 Effective Date shall be continued as Revolving Credit Loans hereunder; provided that the existing Revolving Credit Loans of each New Revolving Credit Lender will be reclassified as New Revolving Credit Loans hereunder.

Appears in 1 contract

Samples: Credit Agreement (Gates Industrial Corp PLC)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit (or cause its Applicable Lending Office to make) loans denominated in an Approved Currency to the Borrower from its applicable Lending Office Dollars (each such loan, a “Revolving Credit Loan”) from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from on or after the Closing Date until the Maturity Date with respect to such the Revolving Credit Lender’s applicable Revolving Credit CommitmentFacility, in an aggregate Principal Amount principal amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment at such timeCommitment; provided that after giving effect to any such Revolving Credit Borrowing, (i) if the first quarterly financial statements have not yet been delivered pursuant to Section 6.01(b), the sum of each Lender’s Revolving Credit Exposure shall not exceed (x) $15,000,000 or (y) on or after the date on which the first monthly financials are delivered pursuant to Section 6.01(d), the lesser of (A) $15,000,000 and (B) the amount of accounts receivable plus deferred costs of Holdings and its Subsidiaries based on the most recent monthly financials delivered pursuant to Section 6.01(d) plus cash available to Holdings and its Subsidiaries (the limitation in this Section 2.01(b)(i), the “Initial Borrowing Limitation”), and (ii) the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Credit Commitment. Within the limits of each Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Duck Creek Technologies, Inc.)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency to the Borrower from its applicable Lending Office (each such loan, a “Revolving Credit Loan”) to the Borrower from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from the Closing Date until the Maturity Date with respect to such Revolving Credit Lender’s applicable Revolving Credit CommitmentAvailability Period, in an aggregate Principal Amount amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment at such timeCommitment; provided provided, however, that after giving effect to any Revolving Credit Borrowing, (i) the Total Revolving Credit Outstandings shall not exceed the Revolving Credit Facility, and (ii) the aggregate Outstanding Amount of the Revolving Credit Loans of any Revolving Credit Lender, plus such Revolving Credit Lender’s Pro Rata Share or other applicable share provided for under this Agreement Applicable Revolving Credit Percentage of the Outstanding Amount of all L/C Obligations, plus such Revolving Credit Lender’s Pro Rata Share or other applicable share provided for under this Agreement Applicable Revolving Credit Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Revolving Credit Lender’s Revolving Credit Commitment; provided further, that the Revolving Credit Loans borrowed on the Closing Date may not exceed $10,000,000. Within the limits of each Revolving Credit Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Universal American Financial Corp)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency to the Borrower from its applicable Lending Office (each such loan, a “Revolving Credit Loan”) to the Borrower in Dollars or in one or more Alternative Currencies from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from Availability Period for the Closing Date until the Maturity Date with respect to such Revolving Credit Lender’s applicable Revolving Credit CommitmentFacility, in an aggregate Principal Amount amount not to exceed at any time outstanding the amount of such LenderXxxxxx’s Revolving Credit Commitment at such timeCommitment; provided that after giving effect to any Revolving Credit Borrowing, (i) the aggregate Outstanding Amount of Total Revolving Credit Outstandings shall not exceed the Revolving Credit Loans Facility, (ii) the Revolving Credit Exposure of any Lender, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans Revolving Credit Lender shall not exceed such Revolving Credit Lender’s Revolving Credit Commitment, (iii) the Total Revolving Credit Outstandings denominated in an Alternative Currency shall not exceed the Alternative Currency Sublimit and (iv) the aggregate amount of Revolving Credit Loans that may be borrowed on the Initial Funding Date shall not exceed $100,000,000 plus the amount needed to fund fees and expenses in connection with the Transactions and thereafter the Revolving Credit Facility shall not be available until after the Spin-Off has been consummated (for the avoidance of doubt, proceeds of Revolving Credit Loans shall not be used to fund any special mandatory redemption of the 2021 Notes). Within the limits of each LenderRevolving Credit Xxxxxx’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(b2.01(c), prepay under Section 2.05, and reborrow under this Section 2.01(b2.01(c). Revolving Credit Loans denominated in Dollars made to the U.S. Borrower may be Base Rate Loans (if in Dollars only) or Eurocurrency Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Sylvamo Corp)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein each Tranche A Revolving Credit Lender severally agrees to make revolving credit loans Tranche A Revolving Credit Loans denominated in Dollars or an Approved Alternative Currency as elected by either U.S. Borrower or the Dutch Borrower pursuant to the Section 2.02 to such Borrower from its applicable Lending Office (each such loan, a “Tranche A Revolving Credit Loan” or a “Revolving Credit Loan”) from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from the Closing Date until the Maturity Date with respect to such for the Revolving Credit Lender’s applicable Revolving Credit CommitmentFacility, in an aggregate Principal Dollar Amount not to exceed at any time outstanding the amount of such Lender’s Tranche A Revolving Credit Commitment at such timeCommitment; provided that after giving effect to any Tranche A Revolving Credit Borrowing, the aggregate Outstanding Amount of the Tranche A Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Tranche A Revolving Credit Commitment. Within the limits of each Lender’s Revolving Credit Commitments, and subject to the other terms and conditions hereof, the each Borrower may borrow under this Section 2.01(b2.01(c), prepay under Section 2.05, and reborrow under this Section 2.01(b2.01(c). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein, and Revolving Credit Loans denominated in Alternative Currencies must be Eurocurrency Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Nielsen CO B.V.)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency to the Borrower from its applicable Lending Office as elected by the Borrower pursuant to Section 2.02 (each such loan, including each loan made pursuant to a Revolving Commitment Increase, a “Revolving Credit Loan”) from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from the Closing Date until the Maturity Date with respect to such Revolving Credit Lender’s applicable Revolving Credit CommitmentDate, in an aggregate Principal Amount amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment at such timeCommitment; provided that after giving effect to any Revolving Credit Borrowing, (i) the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Credit CommitmentCommitment and (ii) the aggregate amount of Revolving Credit Loans made on the Closing Date shall not exceed $260,000,000. Within the limits of each Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(b)2.01, prepay under Section 2.05, and reborrow under this Section 2.01(b)2.01. Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Eurodollar Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Station Casinos Inc)

The Revolving Credit Borrowings. (i) Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency to Dollars, Euros and any other currency agreed by all of the Borrower from its applicable Lending Office Revolving Lenders and the Administrative Agent (each such loan, a “Revolving Credit Loan”) to the Revolving Borrowers on a joint and several basis from time to time as elected by on and after the Borrower pursuant to Section 2.02Closing Date, on any Business Day during until and excluding the period from the Closing Date until Business Day preceding the Maturity Date with respect to such for the Revolving Credit Lender’s applicable Revolving Credit CommitmentFacility, in an aggregate Principal Euro Amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment at such timeand (ii) subject to the conditions set forth herein and in the Ancillary Documents, an Ancillary Lender may make an Ancillary Facility available to any of the Revolving Borrowers in place of all or part of its Revolving Credit Commitment; provided provided, however, that after giving effect to any Revolving Credit BorrowingBorrowing under the Revolving Credit Facility, (i) the Total Revolving Credit Outstandings shall not exceed the Revolving Credit Facility and (ii) the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such LenderXxxxxx’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans Obligations shall not exceed such Lender’s Revolving Credit Commitment. Within the limits of each Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01(b2.01(c), prepay under Section 2.05, and reborrow under this Section 2.01(b2.01(c). Revolving Credit Loans may be BaseEurocurrency Rate Loans (or, if denominated in Dollars may be Dollars) or Eurocurrency, Base Rate Loans or Eurocurrency Rate Term Benchmark Loans, as further provided herein. To the extent that any portion of the Revolving Credit Facility has been refinanced with one or more new revolving credit facilities constituting Specified Refinancing Debt, each Revolving Credit Borrowing (including any deemed Revolving Credit Borrowings made pursuant to Sections 2.03) shall be allocated pro rata among the Revolving Tranches.

Appears in 1 contract

Samples: Credit Agreement (Orion S.A.)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency to the Borrower from its applicable Lending Office Dollars (each such loan, a “Revolving Credit Loan”) to the Borrower from time to time as elected by on and after the Borrower pursuant to Section 2.02Closing Date, on any Business Day during until and excluding the period from the Closing Date until Business Day preceding the Maturity Date with respect to such for the Revolving Credit Lender’s applicable Revolving Credit CommitmentFacility, in an aggregate Principal Amount amount not to exceed at any time outstanding the amount of such LenderXxxxxx’s Revolving Credit Commitment at such timeCommitment; provided provided, however, that after giving effect to any Revolving Credit Borrowing, (i) the Total Revolving Credit Outstandings shall not exceed the Revolving Credit Facility and (ii) the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such LenderXxxxxx’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Credit Commitment. Within the limits of each Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). Revolving Credit Loans denominated in Dollars may be Base Rate Loans (if denominated in Dollars) or Eurocurrency Rate SOFR Loans, as further provided herein. To the extent that any portion of the Revolving Credit Facility has been refinanced with one or more new revolving credit facilities constituting Specified Refinancing Debt, each Revolving Credit Borrowing (including any deemed Revolving Credit Borrowings made pursuant to Section 2.03) shall be allocated pro rata among the Revolving Tranches.

Appears in 1 contract

Samples: Credit Agreement (Allison Transmission Holdings Inc)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, (i) each Tranche A Revolving Credit Lender severally agrees to make revolving credit loans Tranche A Revolving Credit Loans denominated in an Approved Currency Dollars pursuant to the Borrower Section 2.02 from its applicable Lending Office (each such loan, a “Tranche A Revolving Credit Loan”) to the Borrowers from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from the Closing Date until the Maturity Date with respect to such of the Tranche A Revolving Credit Lender’s applicable Revolving Credit CommitmentFacility, in an aggregate Principal Amount principal amount not to exceed at any time outstanding the amount of such Lender’s RevolvingTranche A Revolving Credit Commitment and (ii) each Tranche B Revolving Credit Lender severally agrees to make Tranche B Revolving Credit Loans denominated in Dollars pursuant to Section 2.02 from its applicable Lending Office (each such loan, a “Tranche B Revolving Credit Loan”) to the Borrowers from time to time, on any Business Day during the period from the Closing Date until the Maturity Date of the Tranche B Revolving Credit Facility, in an aggregate principal amount not to exceed at any time outstanding the amount of such timeLender’s Tranche B Revolving Credit Commitment; provided that after giving effect to any Revolving Credit Borrowing, the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans Loans, shall not exceed such Lender’s Revolving Credit Commitment. Within the limits of each Lender’s applicable Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein. (i) Subject to the terms and conditions hereof and of Amendment No. 2, each Term Lender severally agrees to exchange its Exchanged Term B-1 Loans for a like principal amount of Term B-2 Loans on the Amendment No. 2 Effective Date. (ii) Subject to the terms and conditions hereof and of Amendment Xx. 0, xxxx Xxxxxxxxxx Xxxx X-0 Lender severally agrees to make an Additional Term B-2 Loan to the Borrowers on the Amendment No. 2 Effective Date in the principal amount equal to its Additional Term B-2 Commitment on the Amendment No. 2

Appears in 1 contract

Samples: Credit Agreement (Change Healthcare Holdings, Inc.)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit loans Revolving Credit Loans denominated in an Approved Currency Dollars pursuant to the Borrower Section 2.02 from its applicable Lending Office (each such loan, a “Revolving Credit Loan”) to the Borrowers from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from the Closing Date until the Maturity Date with respect to such Revolving Credit Lender’s applicable Revolving Credit CommitmentDate, in an aggregate Principal Amount principal amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment at such timeCommitment; provided that after giving effect to any Revolving Credit Borrowing, the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans Loans, shall not exceed such Lender’s Revolving Credit Commitment. Within the limits of each Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (TC3 Health, Inc.)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency (i) a loan to the Borrower from its applicable Lending Office on the Closing Date in an amount equal to such Revolving Credit Lender’s Applicable Percentage of the Initial XXXX Borrowing and (ii) loans (each such loan, a “Revolving Credit Loan”) to the Borrower from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from Availability Period for the Closing Date until the Maturity Date with respect to such Revolving Credit Lender’s applicable Revolving Credit CommitmentFacility, in an aggregate Principal Amount amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment at such timeCommitment; provided provided, however, that after giving effect to any Revolving Credit Borrowing, (i) the Total Revolving Credit Outstandings, minus the Amortizing Revolver Borrowings, shall not exceed the Revolving Credit Facility, and (ii) the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, minus the Amortizing Revolver Borrowings, plus such Revolving Credit Lender’s Pro Rata Share or other applicable share provided for under this Agreement Applicable Revolving Credit Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans shall not exceed such Revolving Credit Lender’s Revolving Credit Commitment. Within the limits of each Revolving Credit Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, including, without limitation, any voluntary or automatic reduction thereof, as provided under Section 2.06, the Borrower may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). (For avoidance of doubt, Revolving Credit Loans denominated in Dollars which are Amortizing Revolver Borrowings may not be reborrowed). Revolving Credit Loans may be Base BBA LIBOR Daily Floating Rate Loans or Eurocurrency Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Harvard Bioscience Inc)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, (i) all Existing Revolving Credit Loans made to each Borrower shall be deemed to have been made pursuant hereto, and upon the Closing Date, shall continue as Revolving Credit Loans made to such Borrower hereunder (and shall continue, as applicable, as Global Revolving Credit Loans or Domestic Revolving Credit Loans hereunder in accordance with the Global Revolving Credit Commitments or Domestic Revolving Credit Commitments, as applicable), (ii) each Global Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency to the Borrower from its applicable Lending Office (each such loan, a “Global Revolving Credit Loan”) to the Borrowers in Dollars or in one or more Alternative Currencies from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from the Closing Date until the Maturity Date with respect to such Revolving Credit Lender’s applicable Revolving Credit CommitmentAvailability Period, in an aggregate Principal Amount Dollar Equivalent amount not to exceed at any time outstanding the amount of such Lender’s Global Revolving Credit Commitment and (iii) each Domestic Revolving Credit Lender severally agrees to make loans (each such loan, a “Domestic Revolving Credit Loan” and, together with the Global Revolving Credit Loans, collectively, the “Revolving Credit Loans” or, each, a “Revolving Credit Loan”) to the Administrative Borrower in Dollars from time to time, on any Business Day during the applicable Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such timeLender’s Domestic Revolving Credit Commitment; provided provided, however, that after giving effect to any Revolving Credit Borrowing, the aggregate Outstanding Amount each of the Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans Extension Requirements shall not exceed such Lender’s Revolving Credit Commitmentbe satisfied. Within the limits of each Revolving Credit Lender’s applicable Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Alexion Pharmaceuticals Inc)

The Revolving Credit Borrowings. (i) Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency (or cause its Applicable Lending Office to make) US Revolving Credit Loans to the Borrower from its applicable Lending Office (each such loan, a “Revolving Credit Loan”) Borrowers from time to time as elected by the Borrower pursuant to Section 2.02, on any Business Day during the period from Availability Period for the Closing Date until the Maturity Date with respect to such US Revolving Credit Facility in Dollars in an aggregate principal amount that will not result in such Lender’s applicable US Revolving Credit Exposure exceeding such Lender’s US Revolving Credit Commitment, in an aggregate Principal Amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment at such time; provided that that, after giving effect to the making of any US Revolving Credit BorrowingLoans, in no event shall the aggregate Outstanding Amount of Total US Revolving Outstandings exceed the US Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Credit CommitmentCommitments then in effect. Within the limits of each Lender’s US Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01(b2.01(b)(i), prepay under Section 2.05, and reborrow under this Section 2.01(b2.01(b)(i). US Revolving Credit Loans may be Base Rate Loans or Eurocurrency Rate Loans Borrowings, conversions and continuations of Loans. (ii) Subject to the terms and conditions set forth herein, each Revolving Credit Lender severally agrees to make (or cause its Applicable Lending Office to make) Multicurrency Revolving Credit Loans to the Borrowers from time to time during the Availability Period for the Multicurrency Revolving Credit Facility in Dollars or in an Approved Currency in an aggregate principal amount that will not result in such Lender’s Multicurrency Revolving Credit Exposure exceeding such Lender’s Multicurrency Revolving Credit Commitment; provided that, after giving effect to the making of any Multicurrency Revolving Credit Loans, in no event shall the Total Multicurrency Revolving Outstandings exceed the Multicurrency Revolving Credit Commitments then in effect. Within the limits of each Lender’s Multicurrency Revolving Credit Commitment, and subject to the other terms and conditions hereof, the Borrowers may borrow under this Section 2.01(b)(ii), prepay under Section 2.05, and reborrow under this Section 2.01(b)(ii). Multicurrency Revolving Credit Loans shall be Eurocurrency Rate Loans, unless denominated in Dollars Dollars, in which case such Multicurrency Revolving Credit Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (MARRIOTT VACATIONS WORLDWIDE Corp)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency to the Borrower from its applicable Lending Office (each such loan, a “Revolving Credit Loan”) to the Borrower from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during until and excluding the period from the Closing Date until Business Day preceding the Maturity Date with respect to such for the Revolving Credit Lender’s applicable Revolving Credit CommitmentFacility, in an aggregate Principal Amount amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment at such timeCommitment; provided provided, however, that after giving effect to any Revolving Credit Borrowing, (i) on the Initial Borrowing Date, (A) the aggregate Outstanding Amount of all Revolving Credit Loans plus the aggregate Outstanding Amount of all Swing Line Loans shall not exceed $25,000,000 and (B) no L/C Obligations may be outstanding other than in the ordinary course of business or to replace or provide credit support for any Existing Letters of Credit issued for the account of one or more of the Borrower Parties, (ii) the Total Outstandings shall not exceed the Aggregate Commitments, and (iii) the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Credit Commitment. Within the limits of each Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Eurodollar Rate Loans, as further provided herein. To the extent that any portion of the Revolving Credit Facility has been refinanced with one or more new revolving credit facilities constituting Specified Refinancing Debt, each Revolving Credit Borrowing (including without limitation, any deemed Revolving Credit Borrowings made pursuant to Sections 2.03 and 2.04) shall be allocated pro rata among the initial Revolving Credit Facility and each new Specified Refinancing Debt revolving credit facility. In the event that the Initial Borrowing Date shall not have occurred on or prior to the Termination Date, each Revolving Credit Lender’s Revolving Credit Commitments shall automatically expire (subject to the applicable provisions of the Commitment Letter and the Fee Letter that by their terms survive such expiration), and each Revolving Credit Lender shall have no further obligation to make Revolving Credit Loans.

Appears in 1 contract

Samples: Credit Agreement (Rapid Roaming Co)

The Revolving Credit Borrowings. (i) On the Amendment No. 7 Effective Date, in accordance with, and upon the terms and conditions set forth in, Amendment No. 7, (x) the Existing Revolving Credit Commitment and any Existing Revolving Credit Loans of each Non-Extended Revolving Credit Lender outstanding on such date shall continue hereunder and be reclassified as a Non-Extended Revolving Credit Commitment and Non-Extended Revolving Credit Loans, respectively, on such date and (y) the Existing Revolving Credit Commitment and any Existing Revolving Credit Loans of each Extended Revolving Credit Lender outstanding on such date shall continue hereunder and be reclassified as an Extended Revolving Credit Commitment and Extended Revolving Credit Loans, respectively, on such date. (ii) Subject to the terms and conditions set forth herein herein, (A) each Non-Extended Revolving Credit Lender severally agrees to make revolving credit (or cause its Applicable Lending Office to make) loans denominated in an Approved Currency to the Borrower from its applicable Lending Office Dollars or Euro (each such loan, a “Non-Extended Revolving Credit Loan”) from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from after the Closing Date until the Maturity Date with respect to such the Non-Extended Revolving Credit Lender’s applicable Revolving Credit CommitmentFacility, in an aggregate Principal Amount principal amount (based on the Dollar Equivalent thereof) not to exceed at any time outstanding the amount of such Lender’s Non-Extended Revolving Credit Commitment and (B) each Extended Revolving Credit Lender severally agrees to make (or cause its Applicable Lending Office to make) loans denominated in Dollars or Euro (each such loan, an “Extended Revolving Credit Loan”) from time to time, on any Business Day after the Closing Date until the Maturity Date with respect to the Extended Revolving Credit Facility, in an aggregate principal amount (based on the Dollar Equivalent thereof) not to exceed at any time outstanding the amount of such timeLender’s Extended Revolving Credit Commitment; provided provided, in each case, that after giving effect to any such Revolving Credit Borrowing, the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Credit Commitment. Within the limits of each Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01(b2.01(c)(ii), prepay under Section 2.05, and reborrow under this Section 2.01(b2.01(c)(ii). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein. (iii) From the Amendment No. 7 Effective Date until the Maturity Date with respect to the Non-Extended Revolving Credit Facility, all Revolving Credit Loans shall be made on a pro rata basis between the Non-Extended Revolving Credit Facility and the Extended Revolving Credit Facility. Any Existing Revolving Credit Loans outstanding on the Amendment No. 7 Effective Date shall be continued as Revolving Credit Loans hereunder; provided that (x) the Existing Revolving Credit Loans of each Non-Extended Revolving Credit Lender will be reclassified as “Non-Extended Revolving Credit Loans” and (y) the Existing Revolving Credit Loans of each Extended Revolving Credit Lender will be reclassified as “Extended Revolving Credit Loans.” (iv) Notwithstanding anything to the contrary in this Agreement: (A) on the Amendment No. 7 Effective Date, (x) Non-Extended Revolving Credit Loans and Extended Revolving Credit Loans shall be deemed made as Eurocurrency Rate Loans in a principal amount equal to the principal amount of the Existing Revolving Credit Loans reclassified as Non-Extended Revolving Credit Loans and Extended Revolving Credit Loans, as applicable, pursuant to Section 2.01(c)(iii) that were outstanding as Eurocurrency Rate Loans at the time of reclassification (such Non-Extended Revolving Credit Loans and Extended Revolving Credit Loans to correspond in principal amount to the Existing Revolving Credit Loans so converted of a given Interest Period), (y) Interest Periods for the Non-Extended Revolving Credit Loans and the Extended Revolving Credit Loans described in clause (x) above shall end on the same dates as the Interest Periods applicable to the corresponding Existing Revolving Credit Loans described in clause (x) above, and the Eurocurrency Rates applicable to such Non-Extended Revolving Credit Loans and Extended Revolving Credit Loans during such Interest Periods shall be the same as those applicable to the Existing Revolving Credit Loans so reclassified, and (z) Non-Extended Revolving Credit Loans and Extended Revolving Credit Loans shall be deemed made as Base Rate Loans in a principal amount equal to the principal amount of Existing Revolving Credit Loans reclassified into Non-Extended Revolving Credit Loans and Extended Revolving Credit Loans, respectively, pursuant to Section 2.01(c)(iii) that were outstanding as Base Rate Loans at the time of reclassification; and (B) each Non-Extended Revolving Credit Loan and Extended Revolving Credit Loan shall continue to be entitled to all accrued and unpaid interest with respect to the Existing Revolving Credit Loan from which such Non-Extended Revolving Credit Loan and Extended Revolving Credit Loan, as applicable, was reclassified up to but excluding the Amendment No. 7 Effective Date. No costs shall be payable under Section 3.05 in connection with transactions consummated under this Section 2.01(c)(iv). (i) Subject to the terms and conditions hereof and of Amendment Xx. 0, xxxx Xxxxxx Xxxx X-0 Lender, Euro Term B-1 Lender and Term B-2 Lender severally agrees to exchange its Exchanged Dollar Term B-1 Loans, Exchanged Euro Term B-1 Loans and Exchanged Term B-2 Loans, respectively, for a like principal amount of Dollar Term C-1 Loans, Euro Term C-1 Loans and Term C-2 Loans, respectively, on the Amendment No. 1 Effective Date. (ii) Subject to the terms and conditions hereof and of Amendment No. 1, each Additional Dollar Term C-1 Lender, Additional Euro Term C-1 Lender and Additional Term C-2 Lender severally agrees to make an Additional Dollar Term C-1 Loan, Additional Euro Term C-1 Loan and Additional Term C-2 Loan, respectively, to the Co-Borrowers on the Amendment No. 1 Effective Date in the principal amount equal to its Additional Dollar Term C-1 Commitment, Additional Euro Term C-1 Commitment and Additional Term C-2 Commitment, respectively, on the Amendment No. 1

Appears in 1 contract

Samples: Credit Agreement (Acelity L.P. Inc.)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency to the Borrower from its applicable Lending Office Dollars (each such loan, a an Initial Revolving Credit Loan”) to the Borrower from time to time as elected by on and after the Borrower pursuant Closing Date (except that Initial Revolving Credit Loans may only be borrowed on the Closing Date in an aggregate principal amount not to Section 2.02exceed $10,000,000), on any Business Day during until and excluding the period from the Closing Date until Business Day preceding the Maturity Date with respect to such for the Initial Revolving Credit Lender’s applicable Revolving Credit CommitmentFacility, in an aggregate Principal Amount amount not to exceed at any time outstanding the amount of such Lender’s Initial Revolving Credit Commitment at such timeCommitment; provided provided, however, that after giving effect to any Borrowing of Initial Revolving Credit BorrowingLoans, (i) the Total Revolving Credit Outstandings applicable to the Initial Revolving Credit Facility shall not exceed the Initial Revolving Credit Commitment and (ii) the aggregate Outstanding Amount of the Initial Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share or other applicable share provided for (under this Agreement the Initial Revolving Credit Facility) of the Outstanding Amount of all L/C Obligations, plus such Lender’s Obligations (applicable to the Initial Revolving Credit Facility) and Pro Rata Share or other applicable share provided for (under this Agreement the Initial Revolving Credit Facility) of the Outstanding Amount of all Swing Line Swingline Loans applicable to the Initial Revolving Credit Facility, shall not exceed such Lender’s Initial Revolving Credit Commitment. Within the limits of each Lender’s Initial Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Eurodollar Rate Loans, as further provided herein. If at the time of any Borrowing of Revolving Credit Loans (including any deemed Borrowing of Revolving Credit Loans made pursuant to Section 2.03) there shall be more than one Tranche of Revolving Credit Commitments, such Borrowing shall be allocated pro rata among such Tranches.

Appears in 1 contract

Samples: Credit Agreement (Keyw Holding Corp)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein (i) each Dollar Revolving Credit Lender severally agrees to make revolving credit loans to any Borrower denominated in an Approved Currency Dollars as elected by such Borrower pursuant to the Borrower from its applicable Lending Office Section 2.02 (each such loan, a “Revolving Credit Loan”"DOLLAR REVOLVING CREDIT LOAN") from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from the Closing Date until the Maturity Date with respect to such Revolving Credit Lender’s applicable Revolving Credit CommitmentDate, in an aggregate Principal Dollar Amount not to exceed at any time outstanding the amount of such Lender’s 's Dollar Revolving Credit Commitment and (ii) each Multicurrency Revolving Credit Lender severally agrees to make loans to any Borrower denominated in Dollars or, with respect to loans made after the Closing Date, in an Alternative Currency as elected by such Borrower pursuant to Section 2.02 (each such loan, a "MULTICURRENCY REVOLVING CREDIT LOAN") from time to time, on any Business Day until the Maturity Date, in an aggregate Dollar Amount not to exceed at any time outstanding the amount of such timeLender's Multicurrency Revolving Credit Commitment; provided that after giving effect to any Revolving Credit Borrowing, (i) with respect to the Dollar Revolving Credit Facility, the aggregate Outstanding Amount of the Dollar Revolving Credit Loans of any Lender shall not exceed such Lender's Dollar Revolving Credit Commitment, (ii) with respect to the Multicurrency Revolving Credit Facility, the aggregate Outstanding Amount of the Multicurrency Revolving Credit Loans of any Lender, plus such Lender’s 's Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s 's Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans shall not exceed the excess of such Lender’s 's Multicurrency Revolving Credit CommitmentCommitment over such Lender's Pro Rata Share of the Overdraft Loan Facility Available Amount then in effect, (iii) the aggregate Dollar Amount of Revolving Credit Loans which are Alternative Currency Loans and L/C Obligations denominated in an Alternative Currency shall not exceed the Alternative Currency Sublimit and (iv) the aggregate Dollar Amount of Revolving Credit Loans made on the Closing Date shall not exceed $30,000,000. Within the limits of each Lender’s 's Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (UGS PLM Solutions Asia/Pacific INC)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency Dollars to the Borrower from its applicable Lending Office as elected by the Borrower pursuant to Section 2.02 (each such loan, a “Restatement Revolving Credit Loan”) from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during after the period from the Closing Amendment Effective Date until the Maturity Date with respect to such Revolving Credit Lender’s applicable Revolving Credit CommitmentDate, in an aggregate Principal Amount amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment at such timeCommitment; provided that after giving effect to any Revolving Credit Borrowing, the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Credit Commitment. Within the limits of each Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein. Notwithstanding anything to the contrary herein, the Initial Revolving Credit Commitments shall be terminated in full on the First Restatement Date.

Appears in 1 contract

Samples: Credit Agreement (Pinnacle Foods Inc.)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein (i) each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency Dollars to the any Borrower from its applicable Lending Office as elected by such Borrower pursuant to Section 2.02 (each such loan, a “Dollar Revolving Credit Loan”) from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from the Closing Date until the Maturity Date with respect to such Revolving Credit Lender’s applicable its Revolving Credit Commitment, in an aggregate Principal Dollar Amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment and (ii) each Multicurrency Revolving Credit Lender severally agrees to make loans denominated in an Alternative Currency to any Borrower as elected by such Borrower pursuant to Section 2.02 (each such loan, an “Alternative Currency Revolving Credit Loan”) from time to time, on any Business Day until the Maturity Date, in an aggregate Dollar Amount not to exceed at any time outstanding the amount of such timeLender’s Revolving Credit Commitment; provided that after giving effect to any Revolving Credit Borrowing, (i) the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Credit Commitment, (ii) the aggregate Dollar Amount of Alternative Currency Revolving Credit Loans and L/C Obligations in respect of Alternative Currency Letters of Credit shall not exceed the Alternative Currency Sublimit and (iii) the aggregate Dollar Amount of Revolving Credit Loans made on the Closing Date shall not exceed $250,000,000. Within the limits of each Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01(b2.01(d), prepay under Section 2.05, and reborrow under this Section 2.01(b2.01(d). Dollar Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein, and Alternative Currency Revolving Credit Loans must be Eurocurrency Rate Loans, as further provided herein. For the avoidance of doubt, all Revolving Credit Loans and Credit Extensions under the Revolving Credit Facility will be made by all Dollar Revolving Credit Lenders or Multicurrency Revolving Lenders (in each case including both 2011 Revolving Credit Lenders and 2013 Revolving Credit Lenders), as applicable, in accordance with their Pro Rata Shares, until the Maturity Date with respect to the 2011 Revolving Credit Commitments; thereafter all Revolving Credit Loans and Credit Extensions under the Revolving Credit Facility will be made by the 2013 Revolving Credit Lenders in accordance with their Pro Rata Shares.

Appears in 1 contract

Samples: Credit Agreement (Sungard Data Systems Inc)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency to the Borrower from its applicable Lending Office (each such loan, a “Revolving Credit Loan”) to the Borrowers in Dollars or in one or more Alternative Currencies from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from Availability Period for the Closing Date until the Maturity Date with respect to such Revolving Credit Lender’s applicable Revolving Credit CommitmentFacility, in an aggregate Principal Amount amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment at such timeCommitment; provided provided, however, that after giving effect to any Revolving Credit Borrowing, (i) the Total Revolving Credit Outstandings shall not exceed the lesser of (x) the Borrowing Base Amount at such time minus the Total Term Loan Outstandings (if any) at such time and (y) the Revolving Credit Facility at such time, (ii) the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such Revolving Credit Lender’s Pro Rata Share or other applicable share provided for under this Agreement Applicable Revolving Credit Percentage of the Outstanding Amount of all L/C Obligations, plus such Revolving Credit Lender’s Pro Rata Share or other applicable share provided for under this Agreement Applicable Revolving Credit Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Revolving Credit Lender’s Revolving Credit CommitmentCommitment and (iii) the aggregate Outstanding Amount of all Revolving Credit Loans denominated in Alternative Currencies shall not exceed the Alternative Currency Sublimit. Within the limits of each Revolving Credit Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01(b), prepay under Section 2.052.06, and reborrow under this Section 2.01(b). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (W P Carey & Co LLC)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender with any Revolving Credit Commitment severally agrees to make revolving credit loans Revolving Credit Loans denominated in an Approved Currency one or more Available Currencies pursuant to the Borrower Section 2.02 from its applicable Lending Office (each such loanto the applicable Borrowers, a “Revolving Credit Loan”) from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from the Closing Date until the Maturity Date with respect to such Revolving Credit Lender’s applicable Revolving Credit CommitmentAvailability Period, in an aggregate Principal Amount amount, calculated by the Administrative Agent, not to exceed at any time outstanding the amount of such Revolving Credit Lender’s applicable Revolving Credit Commitment at such timeCommitment; provided that after giving effect to any Revolving Credit Borrowing, the aggregate Outstanding Amount of the Revolving Credit Loans of any Revolving Credit Lender, plus such Revolving Credit Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C ObligationsObligations in respect of Letters of Credit, plus the Outstanding Amount of all L/C Obligations of such Revolving Credit Lender under Alternative Letters of Credit issued by such Revolving Credit Lender, plus such Revolving Credit Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans Loans, in each case with respect to such Revolving Credit Commitment, shall not exceed such Revolving Credit Lender’s Revolving Credit Commitment. Within the limits of each Revolving Credit Lender’s applicable Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). Revolving Credit Loans denominated in Dollars may be Base Rate Loans, Eurocurrency Rate Loans or Eurocurrency Rate SOFR Loans, as further provided herein. The borrowing and repayment (except for (i) payments of interest and fees at different rates on the Class B Revolving Credit Commitments, Extended Class B Revolving Credit Commitments and 2021 Extended Class B Revolving Credit Commitments (and related outstandings), (ii) repayments required upon the Maturity Date of the Class B Revolving Credit Commitments, the Maturity Date of the Extended Class B Revolving Credit Commitments or the Maturity Date of the 2021 Extended Class B Revolving Credit Commitments and (iii) repayments made in connection with a permanent repayment and termination of commitments (in accordance with Section 2.06)) of Class B Revolving Credit Loans, Extended Class B Revolving Credit Loans and 2021 Extended Class B Revolving Credit Loans after the 2021 Extension Effective Date shall be made on a pro rata basis with the Class B Revolving Credit Loans, Extended Class B Revolving Credit Loans and 2021 Extended Class B Revolving Credit Commitments, as applicable.

Appears in 1 contract

Samples: Credit Agreement (Liberty Latin America Ltd.)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency to the Borrower from its applicable Lending Office Dollars (each such loan, a an Initial Revolving Credit Loan”) to the Borrower from time to time as elected by on and after the Borrower pursuant to Section 2.02Closing Date, on any Business Day during until and excluding the period from the Closing Date until Business Day preceding the Maturity Date with respect to such for the Initial Revolving Credit Lender’s applicable Revolving Credit CommitmentFacility, in an aggregate Principal Amount amount not to exceed at any time outstanding the amount of such Lender’s Initial Revolving Credit Commitment at such timeCommitment; provided provided, however, that after giving effect to any Borrowing of Initial Revolving Credit BorrowingLoans, (i) the Total Revolving Credit Outstandings applicable to the Initial Revolving Credit Facility shall not exceed the Initial Revolving Credit Commitment and (ii) the aggregate Outstanding Amount of the Initial Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share or other applicable share provided for (under this Agreement the Initial Revolving Credit Facility) of the Outstanding Amount of all L/C Obligations, plus such Lender’s Obligations (applicable to the Initial Revolving Credit Facility) and Pro Rata Share or other applicable share provided for (under this Agreement the Initial Revolving Credit Facility) of the Outstanding Amount of all Swing Line Swingline Loans applicable to the Initial Revolving Credit Facility, shall not exceed such Lender’s Initial Revolving Credit Commitment. Within the limits of each Lender’s Initial Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Eurodollar Rate Loans, as further provided herein. If at the time of any Borrowing of Revolving Credit Loans (including any deemed Borrowing of Revolving Credit Loans made pursuant to Section 2.03) there shall be more than one Tranche of Revolving Credit Commitments, such Borrowing shall be allocated pro rata among such Tranches.

Appears in 1 contract

Samples: First Lien Credit Agreement (Keyw Holding Corp)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency to the Borrower from its applicable Lending Office Dollars or in one or more Alternative Currencies (each such loan, a “Revolving Credit Loan”) to the Borrowers from time to time as elected by on and after the Borrower pursuant to Section 2.02, Closing Date on any Business Day during until and excluding the period from the Closing Date until Business Day preceding the Maturity Date with respect to such for the Revolving Credit Lender’s applicable Revolving Credit CommitmentFacility, in an aggregate Principal Amount amount not to exceed at any time outstanding the amount of such LenderXxxxxx’s Revolving Credit Commitment at such timeCommitment; provided provided, however, that after giving effect to any Revolving Credit Borrowing, (i) the Total Revolving Credit Outstandings shall not exceed the Aggregate Commitments under the Revolving Credit Facility and (ii) the aggregate Pro Rata Share of the Outstanding Amount of the Revolving Credit Loans of any Lender, plus such LenderXxxxxx’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans Obligations shall not exceed such LenderXxxxxx’s Revolving Credit Commitment. Within the limits of each Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). 2.01(b).Revolving Credit Loans may be Base Rate Loans (in the case of Revolving Credit Loans denominated in Dollars may be Base Rate Dollars), Eurocurrency RateTerm SOFR Loans or Eurocurrency Rate Alternative Currency Loans, as further provided herein. To the extent that any portion of the Revolving Credit Facility has been refinanced with one or more new revolving credit facilities constituting Specified Refinancing Debt, each Revolving Credit Borrowing (including any deemed Revolving Credit Borrowings made pursuant to Section 2.03) shall be allocated pro rata among the Revolving Tranches.

Appears in 1 contract

Samples: Credit Agreement (MeridianLink, Inc.)

The Revolving Credit Borrowings. Prior to the Closing Date, revolving loans were previously made to the Corporate Co-Borrower under the Previous Credit Agreement which remain outstanding as of the date of this Agreement (such outstanding revolving loans being hereinafter referred to as the “Previous Revolving Credit Loans”). Subject to the terms and conditions set forth herein herein, the Borrower and each of the Lenders agree that on the Closing Date, the Previous Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency to the Borrower from its applicable Lending Office (each such loan, a “Loans shall be reevidenced as Revolving Credit Loan”) from time to time as elected Loans under this Agreement and the terms of the Previous Revolving Credit Loans shall be restated in their entirety and shall be evidenced by the Borrower pursuant to Section 2.02, on any Business Day during this Agreement. During the period from the Closing Date until the Maturity Date with respect of the Revolving Credit Facility applicable to such Revolving Credit Lender’s applicable , each Revolving Credit CommitmentLender severally agrees to make Revolving Credit Loans denominated in Dollars pursuant to Section 2.02 to the Corporate Co-Borrower from its applicable Lending Office from time to time, on any Business Day, in an aggregate Principal Amount principal amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment at such timeCommitment; provided that after giving effect to any Revolving Credit Borrowing, the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Credit Commitment. Within the limits of each Lender’s Revolving Credit Commitments, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(b2.01(c), prepay under Section 2.05, and reborrow under this Section 2.01(b2.01(c). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein; provided that all Revolving Credit Loans made by each of the Lenders pursuant to the same Borrowing shall, unless otherwise specifically provided herein, consist entirely of Revolving Credit Loans of the same Type made to the Borrower.

Appears in 1 contract

Samples: Credit Agreement (ResCare Finance, Inc.)

The Revolving Credit Borrowings. (i) Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency to the Borrower from its applicable Lending Office Dollars (each such loan, a “Dollar Revolving Credit Loan”) to the Borrower from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from the Closing Date until the Maturity Date with respect to such Revolving Credit Lender’s applicable Revolving Credit CommitmentAvailability Period, in an aggregate Principal Amount amount not to exceed at any time outstanding the amount of such LenderXxxxxx’s Revolving Credit Commitment at such timeCommitment; provided provided, however, that after giving effect to any Revolving Credit Borrowing, (i) the Total Credit Outstandings shall not exceed the Revolving Credit Facility, and (ii) the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such Revolving Credit Lender’s Pro Rata Share or other applicable share provided for under this Agreement Applicable Revolving Credit Percentage of the Outstanding Amount of all L/C Obligations, plus such Revolving Credit Lender’s Pro Rata Share or other applicable share provided for under this Agreement Applicable Revolving Credit Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Revolving Credit Lender’s Revolving Credit Commitment. Within the limits of each LenderRevolving Credit Xxxxxx’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(b2.01(a), prepay under Section 2.05, and reborrow under this Section 2.01(b2.01(a). Dollar Revolving Credit Loans denominated in Dollars may be Base Rate ABR Loans or Eurocurrency Rate SOFR Loans, as further provided herein. (ii) Subject to the terms and conditions set forth herein, each Multicurrency Lender severally agrees to make revolving credit loans denominated in one or more Foreign Currencies (each such loan, a “Multicurrency Revolving Credit Loan”) to the Borrower from time to time, on any Business Day during the Availability Period, in an aggregate amount (based on the Dollar Equivalent of such Multicurrency Revolving Credit Loans) not to exceed at any time outstanding the amount of such Multicurrency Lender’s Multicurrency Revolving Subcommitment; provided, however, that after giving effect to any Revolving Credit Borrowing, (i) the Total Credit Outstandings shall not exceed the Revolving Credit Facility, (ii) the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such Revolving Credit Lender’s Applicable Revolving Credit Percentage of the Outstanding Amount of all L/C Obligations, plus such Revolving Credit Lender’s Applicable Revolving Credit Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Revolving Credit Lender’s Revolving Credit Commitment and (iii) the aggregate Multicurrency Revolving Extensions of Credit shall not exceed the Multicurrency Sublimit. Within the limits of each Revolving Credit Xxxxxx’s Revolving Credit Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(a), prepay under Section 2.05, and reborrow under this Section 2.01(a). Multicurrency Revolving Credit Loans shall be CDOR Loans, Daily Simple XXXXX Loans, or Eurocurrency Rate Loans, as applicable.

Appears in 1 contract

Samples: Credit Agreement (Standex International Corp/De/)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Dol- lar Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency to the Borrower from its applicable Lending Office Dollars (each such loan, a “Revolving Dollar Re- volving Credit Loan”) to the Borrowers (on a joint and several basis) from time to time as elected by on and after the Borrower pursuant to Section 2.02Closing Date, on any Business Day during until and excluding the period from the Closing Date until Business Day preceding the Maturity Date with respect to such for the Revolving Credit Lender’s applicable Revolving Credit CommitmentFacility, in an aggregate Principal Amount amount not to exceed at any time outstanding the amount of such Lender’s Dollar Revolving Credit Commitment at such timeCommitment; provided provided, however, that after giving effect to any Revolving Credit BorrowingBorrowing un- der the Dollar Tranche, (i) the Total Revolving Credit Outstandings shall not exceed the Revolving Credit Facility and (ii) the aggregate Outstanding Amount of the Dollar Revolving Credit Loans of any Lender, plus such LenderXxxxxx’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such LenderXxxxxx’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Out- standing Amount of all Swing Line Loans shall not exceed such Lender’s Dollar Revolving Credit Commitment. Within the limits of each Lender’s Dollar Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions condi- tions hereof, the Borrower Borrowers may borrow under this Section 2.01(b2.01(c)(i), prepay under Section 2.05, and reborrow under un- der this Section 2.01(b2.01(c)(i). Dollar Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein. To the extent that any portion of the Dollar Tranche has been refinanced with one or more new revolving credit facilities constituting Specified Refinancing Debt, each Revolving Credit Borrowing under the Dollar Tranche (including any deemed Revolving Credit Borrowings made pursuant to Sections 2.03 and 2.04) shall be allocated pro rata among the Facilities constituting the Dollar Tranche.

Appears in 1 contract

Samples: Credit Agreement

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency to the Borrower from its applicable Lending Office Dollars (each such loan, a “Revolving Credit Loan”) to the Borrower from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from the Closing Date until the Maturity Date with respect to such Revolving Credit Lender’s applicable Revolving Credit CommitmentAvailability Period, in an aggregate Principal Amount amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment at such timeCommitment; provided that not more than $200,000,000 of Revolving Credit Loans may be made on the Closing Date; provided, further, however, that after giving effect to any Revolving Credit Borrowing, (i) the Total Revolving Credit Outstandings shall not exceed the Revolving Credit Facility, and (ii) the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such Revolving Credit Lender’s Pro Rata Share or other applicable share provided for under this Agreement Applicable Revolving Credit Percentage of the Outstanding Amount of all L/C Obligations, plus such Revolving Credit Lender’s Pro Rata Share or other applicable share provided for under this Agreement Applicable Revolving Credit Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Credit Commitment. Within the limits of each Revolving Credit Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(b2.01(c), prepay under Section 2.05, and reborrow under this Section 2.01(b2.01(c). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Ashland Inc.)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency to the Borrower from its applicable Lending Office (each such loan, a “Revolving Credit Loan”) to the Borrower in Dollars from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from applicable Availability Period for the Closing Date until the Maturity Date with respect to Revolving Credit Facility under which such Revolving Credit Lender’s applicable Lender has a Revolving Credit Commitment, in an aggregate Principal Amount amount not to exceed at any time outstanding the amount of such Revolving Credit Lender’s Revolving Credit Commitment at such timeCommitment; provided provided, however, that after giving effect to any Revolving Credit Borrowing, (i) the Total Revolving Credit Outstandings shall not exceed the aggregate amount of the Revolving Credit Lenders’ Revolving Credit Commitments at such time and (ii) the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, Revolving Credit Lender plus such Revolving Credit Lender’s Pro Rata Share or other applicable share provided for under this Agreement Applicable Revolving Credit Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans Obligations shall not exceed such Revolving Credit Lender’s Revolving Credit Commitment. Within the limits of each Revolving Credit Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Yesway, Inc.)

The Revolving Credit Borrowings. On the Amendment Effective Date, Revolving Credit Loans and Letters of Credit outstanding under the Existing Credit Agreement (collectively, the “Existing Revolving Credit Loans”) and all accrued but unpaid interest and fees thereon shall remain outstanding and shall be deemed to have been funded under and shall constitute outstanding Revolving Credit Loans in respect of the Revolving Credit Commitment and Letters of Credit in respect of the L/C Commitment under this Agreement, respectively. In connection with the first Revolving Credit Borrowing on or after the Amendment Effective Date, each Revolving Credit Lender shall fund its Revolving Credit Commitment in such amount as may be determined by the Administrative Agent to be necessary (but in no event in excess of the amount of any Revolving Credit Lender’s Revolving Credit Commitment) to cause such Revolving Credit Lender’s Applicable Percentage of the Outstanding Amount of Revolving Credit Loans (after giving effect to the Revolving Credit Borrowing on such date) to equal the percentage set forth opposite such Lender’s name on Schedule 2.01. Subject to the foregoing and to the terms and conditions set forth herein herein, each Revolving Credit Lender severally (severally, not jointly) agrees to make revolving credit loans denominated in an Approved Currency to the Borrower from its applicable Lending Office (each such loan, a “Revolving Credit Loan”) to the Borrowers from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from the Closing Date until the Maturity Date with respect to such Revolving Credit Lender’s applicable Revolving Credit CommitmentAvailability Period, in an aggregate Principal Amount principal amount at any one time outstanding not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment at such timeCommitment; provided provided, however, that after giving effect to any Revolving Credit Borrowing, (i) the Consolidated Revolving Credit Outstandings shall not exceed the Revolving Credit Facility, and (ii) the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all and L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement Obligations of the Outstanding Amount of all Swing Line Loans any Lender shall not exceed such Revolving Credit Lender’s Revolving Credit Commitment. Within the limits of each Revolving Credit Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Libor Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (GTT Communications, Inc.)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency to the Borrower from its applicable Lending Office (each such loan, a “Revolving Credit Loan”) to the US Borrower (in Dollars, Euros or Sterling) and the European Borrower (in Euros or Sterling) from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from the Closing Date until the Maturity Date with respect to such Revolving Credit Lender’s applicable Revolving Credit CommitmentAvailability Period, in an aggregate Principal Amount amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment at such timeCommitment; provided that provided, however, that, after giving effect to any Revolving Credit Borrowing, (i) the Total Revolving Credit Outstandings shall not exceed the Revolving Credit Facility, (ii) the Total Revolving Credit Outstandings denominated in EurosAlternative Currencies shall not exceed the European Revolving Loan Value, and (iii) the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such Revolving Credit Lender’s Pro Rata Share or other applicable share provided for under this Agreement Applicable Revolving Credit Percentage of the Outstanding Amount of all L/C Obligations, plus such Revolving Credit Lender’s Pro Rata Share or other applicable share provided for under this Agreement Applicable Revolving Credit Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Revolving Credit Lender’s Revolving Credit Commitment. Within the limits of each Revolving Credit Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Colfax CORP)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender (through its applicable Lending Office) hereby severally agrees to make revolving credit loans denominated in an Approved Currency to the Borrower from its applicable Lending Office (each such loan, a “Revolving Credit Loan”) to the Borrower in Dollars or (subject to the provisions of subsection 2.2(g) in one or more Alternative Currencies from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from the Closing Date until the Maturity Date with respect to such Revolving Credit Lender’s applicable Revolving Credit CommitmentCommitment Period, in an aggregate Principal Amount Dollar Equivalent amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment at such timeCommitment; provided provided, however, that after giving effect to any Revolving Credit Borrowing, (i) the Total Revolving Credit Outstandings shall not exceed the Revolving Credit Facility, (ii) the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender (less, with respect only to the Alternative Currency Funding Fronting Lender, the aggregate Alternative Currency Risk Participations in all Loans denominated in Alternative Currencies), plus, with respect only to the Alternative Currency Participating Lenders, the Outstanding Amount of such Lender’s Alternative Currency Risk Participations in Loans denominated in Alternative Currencies and advanced by the Alternative Currency Funding Fronting Lender, plus such Revolving Credit Lender’s Pro Rata Share or other applicable share provided for under this Agreement Applicable Revolving Credit Percentage of the Outstanding Amount of all L/C Obligations, C-BA Obligations plus such Revolving Credit Lender’s Pro Rata Share or other applicable share provided for under this Agreement Applicable Revolving Credit Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Revolving Credit Lender’s Revolving Credit CommitmentCommitment and (iii) the aggregate Outstanding Amount of all Loans denominated in Alternative Currencies shall not exceed the Alternative Currency Sublimit. Within the limits of each Revolving Credit Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(bsubsection 2.1(b), prepay under Section 2.05subsection 4.2, and reborrow under this Section 2.01(bsubsection 2.1(b). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein. All Base Rate Loans shall be denominated only in Dollars. Eurocurrency Loans may be denominated in Dollars or in an Alternative Currency. All Revolving Credit Loans denominated in an Alternative Currency must be Eurocurrency Loans.

Appears in 1 contract

Samples: Credit Agreement (Graphic Packaging Corp)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Currency to the Borrower from its applicable Lending Office (each such loan, a “Revolving Credit Loan”) to the Borrower in Dollars or Canadian Dollars from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from the Closing Date until the Maturity Date with respect to such Revolving Credit Lender’s applicable Revolving Credit CommitmentAvailability Period, in an aggregate Principal Amount amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment at such timeCommitment; provided provided, however, that after giving effect to any Revolving Credit Borrowing, (i) the Total Outstandings shall not exceed the Revolving Credit Facility, [and ](ii) the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such Revolving Credit Lender’s Pro Rata Share or other applicable share provided for under this Agreement Applicable Revolving Credit Percentage of the Outstanding Amount of all L/C Obligations, plus such Revolving Credit Lender’s Pro Rata Share or other applicable share provided for under this Agreement Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Revolving Credit Lender’s Revolving Credit CommitmentCommitment and (iii) the aggregate Outstanding Amount of all Loans denominated in Canadian Dollars shall not exceed the Canadian Dollar Sublimit. Within the limits of each Revolving Credit Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). At the Borrower’s option, Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (NOODLES & Co)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein each Amendment No. 1 Revolving Credit Lender severally agrees to make revolving credit loans Revolving Credit Loans denominated in an Approved Currency to the Borrower Company from its applicable Lending Office (each such loan, a “Revolving Credit Loan”) from time to time as elected by the Borrower Company pursuant to Section 2.02, on any Business Day during the period from the Closing Amendment No. 1 Effective Date until the Maturity Date with respect to such Amendment No. 1 Revolving Credit Lender’s applicable Amendment No. 1 Revolving Credit Commitment, in an aggregate Principal Amount not to exceed at any time outstanding the amount of such Lender’s Amendment No. 1 Revolving Credit Commitment at such time; provided that after giving effect to any Amendment No. 1 Revolving Credit Borrowing, (i) the aggregate Outstanding Amount of the Amendment No. 1 Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Amendment No. 1 Revolving Credit CommitmentCommitment and (ii) the aggregate Outstanding Amount of Amendment No. 1 Revolving Credit Loans and L/C Obligations denominated in Yen does not exceed the Yen Sublimit. Within the limits of each Lender’s Revolving Credit Commitments, and subject to the other terms and conditions hereof, the Borrower Company may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Hilton Grand Vacations Inc.)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein herein, each Revolving Credit Lender severally agrees to make revolving credit (or cause its Applicable Lending Office to make) loans denominated in an Approved Currency to the Borrower from its applicable Lending Office Dollars or in one or more Alternative Currencies (each such loan, a “Revolving Credit Loan”) from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during the period from on and after the Closing Date until the Maturity Date with respect to such the Revolving Credit Lender’s applicable Revolving Credit CommitmentFacility, in an aggregate Principal Amount principal amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment at such timeCommitment; provided that (i) after giving effect to any such Revolving Credit Borrowing, the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Credit CommitmentCommitment and (ii) not more than $25,000,00030,000,000 plus additional amounts in respect of original issue discount as permitted by the Fee Letter andthe outstanding amount of L/C Obligations at such time shall be utilized on the Closing Date. Within the limits of each Lender’s Revolving Credit CommitmentsCommitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(b2.01(c), prepay under Section 2.05, and reborrow under this Section 2.01(b2.01(c). Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Corporate Executive Board Co)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein each Revolving Credit Lender severally agrees to make revolving credit loans denominated in an Approved Dollars or any Alternative Currency to the Borrower from its applicable Lending Office as elected by it pursuant to Section 2.02 (each such loan, a “Revolving Credit Loan”) from time to time as elected by the Borrower pursuant to Section 2.02time, on any Business Day during on and after the period from the Closing Refinancing Amendment Effective Date until the Maturity Date with respect to such Revolving Credit Lender’s applicable Revolving Credit CommitmentDate, in an aggregate Principal Dollar Amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment at such timeCommitments; provided that after giving effect to any Revolving Credit Borrowing, the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all L/C Obligations, plus such Lender’s Pro Rata Share or other applicable share provided for under this Agreement of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Credit CommitmentCommitments. Within the limits of each Lender’s Revolving Credit Commitments, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). Subject to Section 2.02(c), Revolving Credit Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein; provided that Revolving Credit Loans denominated in Alternative Currency must be Eurocurrency Rate Loans.” (i) The proviso at the end of the first sentence of Section 2.03(a)(i) of the Credit Agreement is restated in its entirety as follows: “provided that L/C Issuers shall not be obligated to make L/C Credit Extensions with respect to Letters of Credit, and Lenders shall not be obligated to participate in Letters of Credit if, as of the date of the applicable L/C Credit Extension, (x) the Revolving Credit Exposure of any Lender would exceed such Lender’s Revolving Credit Commitment, (y) the Outstanding Amount of the L/C Obligations would exceed the L/C Sublimit, or (z) the Letter of Credit giving rise to such L/C Credit Extension has a stated expiry date after any Maturity Date with respect to any Revolving Credit Commitments then in effect and the aggregate stated amount of all Letters of Credit having stated expiry dates after such Maturity Date would exceed the aggregate amount of the Revolving Credit Commitments which will remain in effect after such Maturity Date; provided, further, that (i) Bank of America, as L/C Issuer (or any Affiliate thereof), shall only be required to issue Letters of Credit with the face amount in the aggregate of up to but not exceeding $50,000,000, (ii) Natixis, New York Branch as an L/C Issuer (or any Affiliate thereof), shall only be required to issue Letters of Credit with the face amount in the aggregate of up to but not exceeding $25,000,000, (iii) each of The Bank of Tokyo-Mitsubishi UFJ, Ltd. and Xxxxxx Xxxxxxx Bank, N.A., as an L/C Issuer (or any Affiliate thereof), shall only be required to issue Letters of Credit with the face amount in the aggregate of up to but not exceeding $7,500,000 and (iv) each of the other Lead Arranger L/C Issuers shall only be required to issue Letters of Credit with the face amount in the aggregate of up to but not exceeding $15,000,000.” (j) Section 2.03(a)(ii)(B) of the Credit Agreement is hereby restated in its entirety as follows:

Appears in 1 contract

Samples: Revolving Facility Refinancing Amendment (Sabre Corp)

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