The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein, each Revolving Credit Lender with a Revolving Credit Commitment severally agrees to make loans denominated in Dollars or another Available Currency pursuant to Section 2.02 from its applicable Lending Office to the Borrowers from time to time, on any Business Day during the Availability Period, in an aggregate principal amount at any one time outstanding that will not (after giving effect to any concurrent use of the proceeds thereof to repay LC Disbursements) result in (i) such Lender’s Revolving Credit Exposure exceeding such Lender’s Revolving Credit Commitment or (ii) the Total Revolving Credit Exposure exceeding the Total Revolving Credit Commitments. Within the limits of each Revolving Credit Lender’s Revolving Credit Commitment, and subject to the other terms and conditions hereof, the Borrowers may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b) without premium or penalty (subject to Section 3.05) during the Availability Period. Revolving Credit Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.
Appears in 3 contracts
Samples: Abl Credit Agreement (Option Care Health, Inc.), Abl Credit Agreement (Option Care Health, Inc.), Abl Credit Agreement (Option Care Health, Inc.)
The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein, on and after the Closing Date, each Revolving Credit Lender with a Revolving Credit Commitment severally agrees to make loans denominated (or cause its Applicable Lending Office to make) Revolving Credit Loans to the Borrower from time to time during the Availability Period for the Revolving Credit Facility in Dollars or another Available in an Approved Currency pursuant to Section 2.02 from its applicable Lending Office to the Borrowers from time to time, on any Business Day during the Availability Period, in an aggregate principal amount at any one time outstanding that will not (after giving effect to any concurrent use of the proceeds thereof to repay LC Disbursements) result in (i) such Lender’s Revolving Credit Exposure exceeding such Lender’s Revolving Credit Commitment or (ii) Commitment; provided that, after giving effect to the making of any Revolving Credit Loans, in no event shall the Total Revolving Credit Exposure exceeding Outstandings exceed the Total Revolving Credit CommitmentsCommitments then in effect. Within the limits of each Revolving Credit Lender’s Revolving Credit Commitment, and subject to the other terms and conditions hereof, the Borrowers Borrower may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b) without premium or penalty (subject to Section 3.05) during the Availability Period). Revolving Credit Loans may be Base Rate Loans or Eurocurrency Rate Loans Borrowings, Conversions and Continuations of Loans, as further provided herein.
Appears in 3 contracts
Samples: Credit Agreement (Clear Channel Outdoor Holdings, Inc.), Credit Agreement (Clear Channel Outdoor Holdings, Inc.), Credit Agreement
The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein, each Revolving Credit Lender with a Revolving Credit Commitment severally agrees to make loans denominated in Dollars or another Available Currency to the Company as elected by the Company pursuant to Section 2.02 from its applicable Lending Office to the Borrowers (each such loan, a “Revolving Credit Loan”) from time to time, on any Business Day during until the Availability PeriodMaturity Date, in an aggregate principal amount not to exceed at any one time outstanding the amount of such Lender’s Revolving Credit Commitment; provided that will not (i) after giving effect to any concurrent use Revolving Credit Borrowing, the amount of the proceeds thereof to repay LC Disbursements) result in (i) Revolving Credit Exposure of any Lender shall not exceed such Lender’s Revolving Credit Exposure exceeding such Lender’s Revolving Credit Commitment or Commitment, and (ii) the Total aggregate principal amount of Revolving Credit Exposure exceeding Loans made on the Total Revolving Credit CommitmentsClosing Date shall not exceed $10,000,000. Within the limits of each Revolving Credit Lender’s Revolving Credit Commitment, and subject to the other terms and conditions hereof, the Borrowers Company may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b) without premium or penalty (subject to Section 3.05) during the Availability Period). Revolving Credit Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.
Appears in 2 contracts
Samples: Credit Agreement (Readers Digest Association Inc), Credit Agreement (Direct Holdings Libraries Inc.)
The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein, each Revolving Credit Lender with a Revolving Credit Commitment severally agrees to make loans denominated in Dollars or another Available Currency pursuant to Section 2.02 from its applicable Lending Office (each such loan, a “Revolving Credit Loan”) to the Borrowers Borrower from time to time, on any Business Day during the Availability PeriodPeriod for the Revolving Credit Facility, in an aggregate principal amount not to exceed at any one time outstanding the amount of such Lender’s Revolving Credit Commitment; provided that will not (after giving effect to any concurrent use of the proceeds thereof to repay LC Disbursements) result in Revolving Credit Borrowing, (i) such Lender’s Revolving Credit Exposure exceeding such Lender’s Revolving Credit Commitment or (ii) the Total Revolving Credit Exposure exceeding Outstandings shall not exceed the Total Revolving Credit CommitmentsFacility, and (ii) the Revolving Credit Exposure shall not exceed such Revolving Credit Lender’s Revolving Credit Commitment. Within the limits of each Revolving Credit Lender’s Revolving Credit Commitment, and subject to the other terms and conditions hereof, the Borrowers Borrower may borrow under this Section 2.01(b)borrow, prepay under Section 2.05prepay, and reborrow under this Section 2.01(b) without premium or penalty (subject to Section 3.05) during the Availability PeriodRevolving Credit Loans. Revolving Credit Loans may be Base Rate Loans or Eurocurrency Eurodollar Rate Loans, as further provided herein.
Appears in 2 contracts
Samples: Credit Agreement (Polypore International, Inc.), Credit Agreement (Polypore International, Inc.)
The Revolving Credit Borrowings. Subject to Section 10.24(e) and the other terms and conditions set forth herein, on and after the Third Amendment Effective Date, each 2022 Revolving Credit Lender with a Revolving Credit Commitment severally agrees to make loans denominated (or cause its Applicable Lending Office to make) 2022 Revolving Credit Loans from time to time during the Availability Period for the 2022 Revolving Credit Facility in Dollars or another Available in an Approved Currency pursuant to Section 2.02 from its applicable Lending Office to the Borrowers from time to time, on any Business Day during the Availability Period, in an aggregate principal amount at any one time outstanding that will not (after giving effect to any concurrent use of the proceeds thereof to repay LC Disbursements) result in (i) such Lender’s 2022 Revolving Credit Exposure exceeding such LenderXxxxxx’s 2022 Revolving Credit Commitment or (ii) Commitment; provided that, after giving effect to the making of any Revolving Credit Loans, in no event shall the Total Revolving Credit Exposure exceeding Outstandings exceed the Total Revolving Credit CommitmentsCommitments then in effect. Within the limits of each Revolving Credit Lender’s Revolving Credit Commitment, and subject to the other terms and conditions hereof, the Borrowers Borrower may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b) without premium or penalty (subject to Section 3.05) during the Availability Period). Revolving Credit Loans may be Alternative Currency Loans or, if denominated in Dollars, Base Rate Loans or Eurocurrency Term SOFR Rate Borrowings, and shall include Conversions and Continuations of Loans, as further provided hereinwhere applicable.
Appears in 2 contracts
Samples: Credit Agreement (Wyndham Hotels & Resorts, Inc.), Credit Agreement (Wyndham Hotels & Resorts, Inc.)
The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein, each Revolving Credit Lender with a Revolving Credit Commitment severally agrees to make loans denominated in Dollars or another Available Currency pursuant to Section 2.02 from its applicable Lending Office (each such loan, a “Revolving Credit Loan”) to the Borrowers Borrower from time to time, on any Business Day during the Availability Period, in an aggregate principal amount not to exceed at any one time outstanding the amount of such Lender’s Revolving Credit Commitment; provided, however, that will not (after giving effect to any concurrent use of the proceeds thereof to repay LC Disbursements) result in Revolving Credit Borrowing, (i) such Lender’s Revolving Credit Exposure exceeding such Lender’s Revolving Credit Commitment or (ii) the Total Revolving Credit Exposure exceeding Outstandings shall not exceed the Total Revolving Credit CommitmentsFacility, and (ii) the Revolving Credit Exposure of any Lender shall not exceed such Revolving Credit Lender’s Revolving Credit Commitment. Within the limits of each Revolving Credit Lender’s Revolving Credit Commitment, and subject to the other terms and conditions hereof, the Borrowers Borrower may borrow under this Section 2.01(b2.01(a), prepay under Section 2.05, and reborrow under this Section 2.01(b) without premium or penalty (subject to Section 3.05) during the Availability Period2.01(a). Revolving Credit Loans may be Base Rate Loans or Eurocurrency Eurodollar Rate Loans, as further provided herein.
Appears in 1 contract
Samples: Credit Agreement (Helix Energy Solutions Group Inc)
The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein, each Revolving Credit Lender with a Revolving Credit Commitment severally agrees to make loans denominated in Dollars or another Available Currency pursuant to Section 2.02 from its applicable Lending Office (each such loan, a “Revolving Credit Loan”) to the Borrowers Borrower from time to time, on any Business Day during the Availability Period, in an aggregate principal amount not to exceed at any one time outstanding the amount of such Lender’s Revolving Credit Commitment; provided, however, that will not (after giving effect to any concurrent use of the proceeds thereof to repay LC Disbursements) result in Revolving Credit Borrowing, (i) such Lender’s Revolving Credit Exposure exceeding such Lender’s Revolving Credit Commitment or (ii) the Total Revolving Credit Exposure exceeding Outstandings shall not exceed the Total Revolving Credit CommitmentsFacility, and (ii) the Revolving Credit Exposure of any Revolving Credit Lender shall not exceed such Revolving Credit Lender’s Revolving Credit Commitment. Within the limits of each Revolving Credit Lender’s Revolving Credit Commitment, and subject to the other terms and conditions hereof, the Borrowers Borrower may borrow under this Section 2.01(b), prepay under Section 2.052.04, and reborrow under this Section 2.01(b) without premium or penalty (subject to Section 3.05) during the Availability Period). Revolving Credit Loans may be Base Rate Loans or Eurocurrency Eurodollar Rate Loans, as further provided herein.
Appears in 1 contract
The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein, each Revolving Credit Lender with a any Revolving Credit Commitment severally agrees to make loans Revolving Credit Loans denominated in Dollars or another Available Currency pursuant to Section 2.02 from its applicable Lending Office to the Borrowers Borrower from time to time, on any Business Day during the Availability Periodperiod from and including the Closing Date until the Maturity Date of such Revolving Credit Commitment, in an aggregate principal amount not to exceed at any one time outstanding the amount of such Revolving Credit Commitment; provided that will not (after giving effect to any concurrent use of Revolving Credit Borrowing, the proceeds thereof to repay LC Disbursements) result in (i) such Lender’s Revolving Credit Exposure exceeding of such Lender’s Revolving Credit Commitment or (ii) the Total Lender does not exceed such Revolving Credit Exposure exceeding the Total Revolving Lendxx’x Xevolving Credit CommitmentsCommitment. Within the limits of each Revolving Credit Lender’s Revolving Lendxx’x Xevolving Credit Commitment, and subject to the other terms and conditions hereof, the Borrowers Borrower may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b) without premium or penalty (subject to Section 3.05) during the Availability Period). Revolving Credit Loans may be Base Rate Loans or Eurocurrency Tranche Rate Loans, as further provided herein.
Appears in 1 contract
Samples: Credit Agreement (Portillo's Inc.)
The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein, each Revolving Credit Lender with a Revolving Credit Commitment severally agrees to make loans denominated in Dollars or another Available Currency pursuant to Section 2.02 from its applicable Lending Office to the Borrowers from time to time, on any Business Day during the Availability Period, in an aggregate principal amount at any one time outstanding that will not (after giving effect to any concurrent use of the proceeds thereof to repay LC Disbursements) result in (i) such Lender’s Revolving Credit Exposure exceeding such LenderXxxxxx’s Revolving Credit Commitment or (ii) the Total Revolving Credit Exposure exceeding the Total Revolving Credit Commitments. Within the limits of each Revolving Credit LenderXxxxxx’s Revolving Credit Commitment, and subject to the other terms and conditions hereof, the Borrowers may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b) without premium or penalty (subject to Section 3.05) during the Availability Period. Revolving Credit Loans may be Base Rate Loans or Eurocurrency Rate RateTerm SOFR Loans, as further provided herein.
Appears in 1 contract
The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein, each Revolving Credit Lender with a Revolving Credit Commitment severally agrees to make loans denominated (each such loan, a “Revolving Credit Loan”) in Dollars or another Available Currency pursuant to Section 2.02 from its applicable Lending Office to the Borrowers Revolver Borrower from time to time, on any Business Day during the Availability Period, in an aggregate principal amount not to exceed at any one time outstanding the amount of such Lender’s Revolving Credit Commitment; provided, that will not (after giving effect to any concurrent use of the proceeds thereof to repay LC Disbursements) result in Revolving Credit Borrowing, (i) such Lender’s Revolving Credit Exposure exceeding such Lender’s Revolving Credit Commitment or (ii) the Total Revolving Credit Exposure exceeding Outstandings shall not exceed the Total Revolving Credit CommitmentsFacility, and (ii) the Revolving Credit Exposure shall not exceed such Revolving Credit Lender’s Revolving Credit Commitment. Within the limits of each Revolving Credit Lender’s Revolving Credit Commitment, and subject to the other terms and conditions hereof, the Borrowers Revolver Borrower may borrow under this Section 2.01(b), prepay under Section 2.052.04, and reborrow under this Section 2.01(b) without premium or penalty (subject to Section 3.05) during the Availability Period). Revolving Credit Loans may be Base Rate Loans or Eurocurrency Eurodollar Rate Loans, as further provided herein.
Appears in 1 contract
Samples: Credit Agreement (International Money Express, Inc.)
The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein, each Revolving Credit Lender with a Revolving Credit Commitment severally agrees to make loans denominated in Dollars or another Available Currency pursuant to Section 2.02 from its applicable Lending Office to the Borrowers from time to time, on any Business Day during the Availability Period, in an aggregate principal amount at any one time outstanding that will not (after giving effect to any concurrent use of the proceeds thereof to repay LC Disbursements) result in (i) such LenderLxxxxx’s Revolving Credit Exposure exceeding such LenderLxxxxx’s Revolving Credit Commitment or (ii) the Total Revolving Credit Exposure exceeding the Total Revolving Credit Commitments. Within the limits of each Revolving Credit LenderLxxxxx’s Revolving Credit Commitment, and subject to the other terms and conditions hereof, the Borrowers may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b) without premium or penalty (subject to Section 3.05) during the Availability Period. Revolving Credit Loans may be Base Rate Loans or Eurocurrency Rate Term SOFR Loans, as further provided herein.
Appears in 1 contract
Samples: First Lien Credit Agreement (Option Care Health, Inc.)
The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein, each Revolving Credit Lender with a Revolving Credit Commitment severally agrees to make loans denominated in Dollars or another Available Currency to the Borrower as elected by the Borrower pursuant to Section 2.02 from its applicable Lending Office to the Borrowers (each such loan, a “Revolving Credit Loan”) from time to time, on any Business Day during after the Availability PeriodFourth A&R Refinancing Effective Date until the Maturity Date, in an aggregate principal amount not to exceed at any one time outstanding the amount of such Lender’s Revolving Credit Commitment; provided that will not (after giving effect to any concurrent use Revolving Credit Borrowing, the Revolving Credit Exposure of the proceeds thereof to repay LC Disbursements) result in (i) any Revolving Credit Lender shall not exceed such Revolving Credit Lender’s Revolving Credit Exposure exceeding such Lender’s Revolving Credit Commitment or (ii) the Total Revolving Credit Exposure exceeding the Total Revolving Credit CommitmentsCommitment. Within the limits of each Revolving Credit Lender’s Revolving Credit Commitment, and subject to the other terms and conditions hereof, the Borrowers Borrower may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b) without premium or penalty (subject to Section 3.05) during the Availability Period). Revolving Credit Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.
Appears in 1 contract
The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein, each Revolving Credit Lender with a Revolving Credit Commitment severally agrees to make loans denominated (each such loan, a “Revolving Credit Loan”) to the Borrower in Dollars or another Available Currency pursuant to Section 2.02 from its applicable Lending Office to the Borrowers from time to time, on any Business Day during the Availability Period, Period in an aggregate principal amount not to exceed at any one time outstanding the amount of such Lender’s Revolving Credit Commitment; provided, however, that will not (after giving effect to any concurrent use of the proceeds thereof to repay LC Disbursements) result in Revolving Credit Borrowing, (i) such Lender’s Revolving Credit Exposure exceeding such Lender’s Revolving Credit Commitment or (ii) the Total Revolving Credit Exposure exceeding Outstandings shall not exceed the Total Revolving Credit CommitmentsFacility, and (ii) the Revolving Credit Exposure of each Revolving Credit Lender shall not exceed such Revolving Credit Lender’s Revolving Credit Commitment. Within the limits of each Revolving Credit Lender’s Revolving Credit Commitment, and subject to the other terms and conditions hereof, the Borrowers Borrower may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b) without premium or penalty (subject to Section 3.05) during the Availability Period). Revolving Credit Loans may be Base Rate Loans or Eurocurrency Eurodollar Rate Loans, as further provided herein.
Appears in 1 contract
Samples: Credit Agreement (TUTOR PERINI Corp)
The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein, each Revolving Credit Lender with a Revolving Credit Commitment severally agrees to make loans denominated in Dollars or another Available Currency pursuant to Section 2.02 from its applicable Lending Office to the Borrowers Borrower (each such loan, a “Revolving Credit Loan”) from time to time, on any Business Day during the Revolving Credit Availability Period, in an aggregate principal amount outstanding at any one time outstanding that will not (after giving effect to any concurrent use exceed, when added to such Revolving Credit Lender’s Class Percentage of the proceeds thereof to repay LC Disbursements) result in (i) the then aggregate R/C Letter of Credit Outstandings and (ii) the then outstanding principal amount of all Swing Line Loans, the amount of such Lender’s Revolving Credit Exposure exceeding such Lender’s Revolving Credit Commitment or (ii) Commitment. At no time shall the Total Revolving Credit Exposure exceeding Usage exceed the Total Revolving Credit CommitmentsCommitment. Within the limits of each Revolving Credit Lender’s Revolving Credit Commitment, and subject to the other terms and conditions hereof, the Borrowers Borrower may borrow under this Section 2.01(b), prepay under Section 2.05, 2.17 and reborrow under this Section 2.01(b) without premium or penalty (subject to Section 3.05) during the Availability Period). Revolving Credit Loans may be Base Rate ABR Loans or Eurocurrency Rate Eurodollar Loans, as further provided herein.
Appears in 1 contract
Samples: Term Loan and Revolving Credit Agreement (Federal-Mogul Corp)
The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein, each Revolving Credit Lender with a Revolving Credit Commitment severally agrees to make loans denominated in Dollars or another Available Currency pursuant to Section 2.02 from its applicable Lending Office (each such loan, a “Revolving Credit Loan”) to the Borrowers Borrower from time to time, on any Business Day during the Availability PeriodPeriod for the Revolving Credit Facility, in an aggregate principal amount not to exceed at any one time outstanding the amount of such Lender’s Revolving Credit Commitment; provided, however, that will not (after giving effect to any concurrent use of the proceeds thereof to repay LC Disbursements) result in Revolving Credit Borrowing, (i) such Lender’s Revolving Credit Exposure exceeding such Lender’s Revolving Credit Commitment or (ii) the Total Revolving Credit Exposure exceeding Outstandings shall not exceed the Total Revolving Credit CommitmentsFacility, and (ii) the Revolving Credit Exposure of any Lender shall not exceed such Revolving Credit Lender’s Revolving Credit Commitment. Within the limits of each Revolving Credit Lender’s Revolving Credit Commitment, and subject to the other terms and conditions hereof, the Borrowers Borrower may borrow under this Section 2.01(b2.01(a), prepay under Section 2.05, and reborrow under this Section 2.01(b) without premium or penalty (subject to Section 3.05) during the Availability Period2.01(a). Revolving Credit Loans may be Base Rate Loans or Eurocurrency Eurodollar Rate Loans, as further provided herein.
Appears in 1 contract
Samples: Credit Agreement (Helix Energy Solutions Group Inc)