The Revolving Credit Borrowings. 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) Revolving Credit Loans from time to time during the Availability Period for the Revolving Credit Facility in Dollars or in an Approved Currency in an aggregate principal amount that will not result in such Lender’s Revolving Credit Exposure exceeding such Lender’s Revolving Credit Commitment; provided that, after giving effect to the making of any Revolving Credit Loans, in no event shall the Total Revolving Outstandings exceed the Revolving Credit Commitments then in effect. Within the limits of each Lender’s 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). Revolving Credit Loans may be Base Rate Loans or Eurocurrency Rate Loans Borrowings, Conversions and Continuations of Loans.
Appears in 2 contracts
Samples: Credit Agreement (Wyndham Destinations, Inc.), Credit Agreement (Wyndham Destinations, Inc.)
The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein, each Revolving Credit Lender severally agrees to make loans in Dollars (or cause its Applicable Lending Office to make) each such loan, a “Revolving Credit Loans Loan”) to the Borrowers from time to time time, on any Business Day during the Availability Period for in respect to the Revolving Credit Facility in Dollars or in an Approved Currency Facility, in an aggregate principal amount that will not result in to exceed at any time outstanding the amount of such Lender’s Revolving Credit Exposure exceeding such LenderXxxxxx’s Revolving Credit Commitment; provided thatprovided, however, that after giving effect to the making of any Revolving Credit LoansBorrowing, in no event shall (i) the Total Revolving Credit Outstandings shall not exceed the Revolving Credit Commitments then in effectFacility, and (ii) the Revolving Credit Exposure shall not exceed such Xxxxxx’s Revolving Credit Commitment. Within the limits of each LenderRevolving Credit Xxxxxx’s Revolving Credit Commitment, 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 2.052.04, and reborrow under this Section 2.01(b2.01(c). Revolving Credit Loans may be Base either Term SOFR Rate Loans or Eurocurrency Daily SOFR Rate Loans BorrowingsLoans, Conversions and Continuations of Loansas further provided herein.
Appears in 2 contracts
Samples: Credit Agreement (Highwoods Realty LTD Partnership), Credit Agreement (Highwoods Realty LTD Partnership)
The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein, each Revolving Credit Lender severally agrees to make loans (or cause its Applicable Lending Office to make) each such loan, a “Revolving Credit Loans Loan”) to the Borrowers from time to time time, on any Business Day during the Availability Period for the Revolving Credit Facility in Dollars or in an Approved Currency Period, in an aggregate principal amount that will not result in such Lender’s Revolving Credit Exposure exceeding to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment; provided thatprovided, however, that after giving effect to the making of any Revolving Credit LoansBorrowing, in no event shall (i) the Total Revolving Credit Outstandings shall not exceed the Revolving Credit Commitments then in effectFacility, and (ii) the Revolving Credit Exposure shall not exceed such Lender’s Revolving Credit Commitment. Within the limits of each Lender’s Revolving Credit Commitment, 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 Base Rate Loans or Eurocurrency Eurodollar Rate Loans BorrowingsLoans, Conversions and Continuations of Loansas further provided herein.
Appears in 2 contracts
Samples: Credit Agreement (Construction Partners, Inc.), Credit Agreement (Construction Partners, Inc.)
The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein, each Revolving Credit Lender severally agrees to make loans (or cause its Applicable Lending Office to make) each such loan, a “Revolving Credit Loans Loan”) to the Borrower from time to time time, on any Business Day during the Availability Period for the Revolving Credit Facility in Dollars or in an Approved Currency Period, in an aggregate principal amount that will not result in to exceed at any time outstanding the amount of such Lender’s Revolving Credit Exposure exceeding such Lender’s Revolving Credit Commitment; provided thatprovided, however, that after giving effect to the making of any Revolving Credit LoansBorrowing, in no event shall (i) the Total Revolving Credit Outstandings shall not exceed the Revolving Credit Commitments then in effectFacility, and (ii) the Revolving Credit Exposure shall not exceed such Revolving Credit Lender’s Commitment. Within the limits of each Revolving Credit Lender’s Revolving Credit Commitment, 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 may be Base Rate Loans or Eurocurrency Rate Loans BorrowingsTerm SOFR Loans, Conversions and Continuations of Loansas further provided herein.
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The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein, each Revolving Credit Lender severally agrees to make loans (or cause its Applicable Lending Office to make) each such loan, a “Revolving Credit Loans Loan”) to the Borrower from time to time time, on any Business Day during the Availability Period for the Revolving Credit Facility in Dollars or in an Approved Currency Period, in an aggregate principal amount that will not result in such Lender’s Revolving Credit Exposure exceeding to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment; provided thatprovided, however, that after giving effect to the making of any Revolving Credit LoansBorrowing, in no event shall (i) the Total Revolving Credit Outstandings shall not exceed the Revolving Credit Commitments then in effectFacility, and (ii) the Revolving Credit Exposure shall not exceed such Lender’s Revolving Credit Commitment. Within the limits of each Lender’s 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). Revolving Credit Loans may be Base Rate Loans or Eurocurrency Eurodollar Rate Loans BorrowingsLoans, Conversions and Continuations of Loansas further provided herein.
Appears in 1 contract
Samples: Credit Agreement (Akumin Inc.)
The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein, each Revolving Credit Lender severally agrees to make loans (or cause its Applicable Lending Office to make) each such loan, a “Revolving Credit Loans Loan”) to the Borrower from time to time time, on any Business Day during the Availability Period for Period, in an aggregate amount not to exceed at any time outstanding the amount of such Xxxxxx’s Revolving Credit Commitment; provided, however, that after giving effect to any Revolving Credit Borrowing, (i) the Total Revolving Credit Outstandings shall not exceed the Revolving Credit Facility in Dollars or in an Approved Currency in an aggregate principal amount that will not result in such Lender’s Facility, and (ii) the Revolving Credit Exposure exceeding shall not exceed such Revolving Credit Lender’s Revolving Credit Commitment; provided that, after giving effect to the making of any Revolving Credit Loans, in no event shall the Total Revolving Outstandings exceed the Revolving Credit Commitments then in effect. Within the limits of each LenderRevolving Credit Xxxxxx’s Revolving Credit Commitment, 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 may be Base Rate Loans or Eurocurrency Rate Loans BorrowingsTerm SOFR Loans, Conversions and Continuations of Loansas further provided herein.
Appears in 1 contract
The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein, each Revolving Credit Lender severally agrees to make loans (or cause its Applicable Lending Office to make) each such loan, a “Revolving Credit Loans Loan”) to the Borrower from time to time time, on any Business Day during the Availability Period for the Revolving Credit Facility in Dollars or in an Approved Currency Period, in an aggregate principal amount that will not result in such Lender’s Revolving Credit Exposure exceeding to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment; provided thatprovided, however, that after giving effect to the making of any Revolving Credit LoansBorrowing, in no event shall (i) the Total Revolving Credit Outstandings shall not exceed the Revolving Credit Commitments then in effectFacility, 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 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 may be Base Rate Loans or Eurocurrency Eurodollar Rate Loans BorrowingsLoans, Conversions and Continuations of Loansas further provided herein.
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The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein, each Revolving Credit Lender severally agrees to make loans in Dollars (or cause its Applicable Lending Office to make) each such loan, a “Revolving Credit Loans Loan”) to the Borrowers from time to time time, on any Business Day during the Availability Period for in respect to the Revolving Credit Facility in Dollars or in an Approved Currency Facility, in an aggregate principal amount that will not result in such Lender’s Revolving Credit Exposure exceeding to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment; provided thatprovided, however, that after giving effect to the making of any Revolving Credit LoansBorrowing, in no event shall (i) the Total Revolving Credit Outstandings shall not exceed the Revolving Credit Commitments then in effectFacility, and (ii) the Revolving Credit Exposure shall not exceed such 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 Borrower Borrowers may borrow under this Section 2.01(b2.01(c), prepay under Section 2.052.04, and reborrow under this Section 2.01(b2.01(c). Revolving Credit Loans may be Base either Term SOFR Rate Loans or Eurocurrency Daily SOFR Rate Loans BorrowingsLoans, Conversions and Continuations of Loansas further provided herein.
Appears in 1 contract
Samples: Credit Agreement (Highwoods Realty LTD Partnership)
The Revolving Credit Borrowings. 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) Revolving Credit Loans from time to time during the Availability Period for the Revolving Credit Facility in Dollars or in an Approved Currency in an aggregate principal amount that will not result in such Lender’s Revolving Credit Exposure exceeding such Lender’s Revolving Credit Commitment; provided that, after giving effect to the making of any Revolving Credit Loans, in no event shall the Total Revolving Outstandings exceed the Revolving Credit Commitments then in effect. Within the limits of each Lender’s Revolving Credit Commitment, and subject to the other terms and conditions hereof, the any 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 may be Base Rate Loans, Eurocurrency Rate Loans, Term SOFR Loans, Alternative Currency Term Rate Loans or Eurocurrency Alternative Currency Daily Rate Loans Loans, Borrowings, Conversions and Continuations of Loans.
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The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein, each Revolving Credit Lender severally agrees to make loans in Dollars (or cause its Applicable Lending Office to make) each such loan, a “Revolving Credit Loans Loan”) to the Borrowers from time to time time, on any Business Day during the Availability Period for in respect to the Revolving Credit Facility in Dollars or in an Approved Currency Facility, in an aggregate principal amount that will not result in such Lender’s Revolving Credit Exposure exceeding to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment; provided thatprovided, however, that after giving effect to the making of any Revolving Credit LoansBorrowing, in no event shall (i) the Total Revolving Credit Outstandings shall not exceed the Revolving Credit Commitments then in effectFacility, and (ii) the Revolving Credit Exposure shall not exceed such 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 Borrower Borrowers may borrow under this Section 2.01(b), prepay under Section 2.052.04, and reborrow under this Section 2.01(b). Revolving Credit Loans may be Base Rate Loans, Eurodollar Rate Loans or Eurocurrency LIBOR Daily Rate Loans BorrowingsLoans, Conversions and Continuations of Loansas further provided herein.
Appears in 1 contract
Samples: Credit Agreement (Highwoods Realty LTD Partnership)
The Revolving Credit Borrowings. 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) loans to the Lead Borrower denominated in Dollars (each such loan, a “Revolving Credit Loans Loan”) from time to time during time, on any Business Day on or after the Availability Period for Closing Date until the Maturity Date with respect to the Revolving Credit Facility in Dollars or in an Approved Currency Facility, in an aggregate principal amount that will which does not result in such Lender’s Revolving Credit Exposure exceeding exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment; provided thatprovided, that after giving effect to the making of any such Revolving Credit LoansBorrowing, in no event shall the Total Revolving Outstandings exceed sum of (x) the aggregate Outstanding Amount of the Revolving Credit Commitments then in effectLoans of any Lender, plus (y) such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, shall not exceed such Lender’s Revolving Credit Commitment. Within the limits of each Lender’s Revolving Credit Commitment, and subject to the other terms and conditions hereof, the Lead 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 may be Base Eurocurrency Rate Loans or Eurocurrency Base Rate Loans BorrowingsLoans, Conversions and Continuations of Loansas further provided herein.
Appears in 1 contract
Samples: First Lien Credit Agreement (ONESPAWORLD HOLDINGS LTD)
The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein, each Revolving Credit Lender severally agrees to make loans (or cause its Applicable Lending Office to make) each such loan, a “Revolving Credit Loans Loan”) to the Borrower from time to time time, on any Business Day during the Availability Period for the Revolving Credit Facility in Dollars or in an Approved Currency Period, in an aggregate principal amount that will not result in such Lender’s Revolving Credit Exposure exceeding to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment; provided thatprovided, however, that after giving effect to the making of any Revolving Credit LoansBorrowing, in no event shall (i) the Total Revolving Credit Outstandings shall not exceed the Revolving Credit Commitments then in effectFacility, 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 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 may be Base Rate Loans or Eurocurrency Eurodollar Rate Loans BorrowingsLoans, Conversions and Continuations of Loansas further provided herein.
Appears in 1 contract
Samples: Credit Agreement (Quidel Corp /De/)
The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein, each Revolving Credit Lender severally agrees to make loans (or cause its Applicable Lending Office to make) each such loan, a “Revolving Credit Loans Loan”) to the Borrower from time to time time, on any Business Day during the Availability Period for the Revolving Credit Facility in Dollars or in an Approved Currency Period, in an aggregate principal amount that will not result in such Lender’s Revolving Credit Exposure exceeding to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment; provided thatprovided, however, that after giving effect to the making of any Revolving Credit LoansBorrowing, in no event shall (i) the Total Revolving Credit Outstandings shall not exceed the Revolving Credit Commitments then in effectFacility, 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 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 may be Base Rate Loans or Eurocurrency Eurodollar Rate Loans BorrowingsLoans, Conversions and Continuations of Loansas further provided herein.
Appears in 1 contract
The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein, herein (i) each Revolving Credit Lender with a Revolving Credit Commitment of a particular Class severally agrees to make loans denominated in Dollars to the Borrower (or cause its Applicable Lending Office to make) each such loan, a “Revolving Credit Loans Loan”) of such Class from time to time during time, on any Business Day until the Availability Period for the Revolving Credit Facility in Dollars or in an Approved Currency Maturity Date with respect to such Class, in an aggregate principal amount that will not result in to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment of such Class; provided that after giving effect to any Revolving Credit Borrowing, the amount of the Revolving Credit Exposure exceeding of any Lender shall not exceed such Lender’s Revolving Credit Commitment; provided that, after giving effect to the making of any Revolving Credit Loans, in no event shall the Total Revolving Outstandings exceed the Revolving Credit Commitments then in effect. Within the limits of each Lender’s 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). Revolving Credit Loans may be Base Rate Loans or Eurocurrency Rate Loans BorrowingsLoans, Conversions and Continuations of Loansas further provided herein.
Appears in 1 contract
Samples: Credit Agreement (West Corp)
The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein, on and after the consummation of the Spin-Off, each Revolving Credit Lender severally agrees to make (or cause its Applicable Lending Office to make) Revolving Credit Loans from time to time during the Availability Period for the Revolving Credit Facility in Dollars or in an Approved Currency in an aggregate principal amount that will not result in such Lender’s Revolving Credit Exposure exceeding such Lender’s Revolving Credit Commitment; provided that, after giving effect to the making of any Revolving Credit Loans, in no event shall the Total Revolving Outstandings exceed the Revolving Credit Commitments then in effect. Within the limits of each Lender’s 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). Revolving Credit Loans may be Base Rate Loans or Eurocurrency Rate Loans Borrowings, Conversions and Continuations of Loans.
Appears in 1 contract
The Revolving Credit Borrowings. 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) Revolving Credit Loans from time to time during the Availability Period for the Revolving Credit Facility in Dollars or in an Approved Currency in an aggregate principal amount that will not result in such Lender’s Revolving Credit Exposure exceeding such Lender’s Revolving Credit Commitment; provided that, after giving effect to the making of any Revolving Credit Loans, in no event shall the Total Revolving Outstandings exceed the Revolving Credit Commitments then in effect. Within the limits of each Lender’s Revolving Credit Commitment, and subject to the other terms and conditions hereof, the any 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 may be Base Rate Loans or or, Eurocurrency Rate Loans, Term SOFR Loans, Alternative Currency Term Rate Loans or Alternative Currency Daily Rate Loans, Borrowings, Conversions and Continuations of Loans.
Appears in 1 contract
Samples: Second Libor Transition Amendment (Primo Water Corp /CN/)