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 loans to the Borrower in Dollars from time to time, on any Business Day until the Revolver Maturity Date, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment; provided that after giving effect to any Revolving Credit Borrowing, (x) the Revolving Outstandings of any Lender shall not exceed such Lender’s Revolving Credit Commitment, and (y) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Credit Commitments. 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 2.06 and reborrow under this Section 2.01(b). Revolving Credit Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein. All Revolving Credit Loans will be made by all Revolving Credit Lenders in accordance with their Pro Rata Share of the Revolving Credit Facility until the Revolver Maturity Date.

Appears in 3 contracts

Samples: Credit and Guaranty Agreement (Fidelity National Financial, Inc.), Credit and Guaranty Agreement (Fidelity National Financial, Inc.), Credit and Guaranty Agreement (Black Knight Financial Services, Inc.)

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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 (each such loan, a “Revolving Credit Loan”), to the Borrower US Borrower, in Dollars, and to the Canadian Borrower, in Dollars or Canadian Dollars, from time to time, on any Business Day until during the Revolver Maturity DateAvailability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Revolving Credit Lender’s Revolving Credit Commitment; provided provided, however, that after giving effect to any Revolving Credit Borrowing, (xi) the Total Revolving Credit Outstandings shall not exceed the lesser of (A) the Revolving Outstandings Credit Aggregate Commitments and (B) the Revolving Credit Availability Amount, and (ii) the Revolving Credit Exposure of any Revolving Credit Lender shall not exceed such Revolving Credit Lender’s Revolving Credit Commitment, and (y) the Total Revolving Outstandings shall not exceed the Aggregate 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 Borrower Borrowers may borrow under this Section 2.01(b), prepay under Section 2.06 2.05, and reborrow under this Section 2.01(b). Revolving Credit Loans may be Base Rate Loans, Eurocurrency Rate Loans, Canadian Prime Rate Loans or Eurodollar Canadian CDOR Rate Loans, as further provided herein. All Revolving Credit Loans will be made by all Revolving Credit Lenders in accordance with their Pro Rata Share of the Revolving Credit Facility until the Revolver Maturity Date.

Appears in 3 contracts

Samples: Security Agreement, Security Agreement (USD Partners LP), Credit Agreement (USD Partners LP)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein, each Revolving Credit Lender severally agrees to make loans to the Borrower in Dollars from time to time, on any Business Day until the Revolver Maturity Date, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment; provided provided, that after giving effect to any Revolving Credit Borrowing, (x) the Revolving Outstandings of any Lender shall not exceed such Lender’s Revolving Credit Commitment, and (y) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Credit Commitments. 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 2.06 and reborrow under this Section 2.01(b). Revolving Credit Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein. All Revolving Credit Loans will be made by all Revolving Credit Lenders in accordance with their Pro Rata Share of the Revolving Credit Facility until the Revolver Maturity Date.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Black Knight, Inc.), Credit and Guaranty Agreement (Black Knight, Inc.)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein, each Revolving Credit Lender severally agrees to make loans to any of the Borrowers in Dollars and to the Canadianthe Administrative Borrower in Canadian Dollars (each such loan, a “Revolving Credit Loan” (and if denominated in Canadian Dollars, a “CAD Revolving Credit Loan”, which shall also constitute a Revolving Credit Loan) from time to time, on any Business Day until during the Revolver Maturity DateAvailability Period for the Revolving Credit Facility, in an aggregate amount not to exceed at any time outstanding (i) the amount of such Lender’s Revolving Credit CommitmentCommitment and (ii) with respect to any CAD Revolving Credit Loan, the Alternative Currency Sublimit; provided provided, however, that after giving effect to any Revolving Credit Borrowing, (xi) the Dollar Equivalent of the Total Revolving Credit Outstandings shall not exceed the Revolving Credit Facility, and (ii) the Dollar Equivalent of the Revolving Credit Exposure of any Revolving Credit Lender shall not exceed such Revolving Credit Lender’s Revolving Credit Commitment, and (y) the Total Revolving Outstandings shall not exceed the Aggregate 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 Borrower Borrowers may severally borrow under this Section 2.01(b), prepay under Section 2.06 2.05, and reborrow under this Section 2.01(b). Revolving Credit Loans may be Base Rate Loans, Canadian Index Rate Loans or Eurodollar Eurocurrency Rate Loans, as further provided herein. All Revolving Credit Loans will be made by all Revolving Credit Lenders in accordance with their Pro Rata Share of the Revolving Credit Facility until the Revolver Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (BWX Technologies, Inc.)

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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 to the each Borrower denominated in Canadian Dollars (each such loan, a “Revolving Credit Loan”) from time to time, on any Business Day until during the Revolver Maturity DateRevolving Credit Commitment Period, in an aggregate principal amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment; provided that after giving effect to any Revolving Credit Borrowing, (xi) the Revolving Outstandings Credit Exposure of any each Revolving Credit Lender shall not exceed such Lender’s Revolving Credit Commitment, Commitment and (yii) the Total aggregate principal amount of Revolving Outstandings Credit Loans made on the Closing Date shall not exceed the Aggregate Revolving Credit CommitmentsCA$20,000,000. 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 2.06 2.04, and reborrow under this Section 2.01(b). Revolving Credit Loans may be Base BA Rate Loans or Eurodollar Canadian Prime Rate Loans, as further provided herein. All Revolving Credit Loans will be made by all Revolving Credit Lenders in accordance with their Pro Rata Share of the Revolving Credit Facility until the Revolver Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Dollarama CORP)

The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein, each Revolving Credit Lender with any Revolving Credit Commitment severally agrees to make loans Revolving Credit Loans denominated in Canadian Dollars pursuant to Section 2.02 from its applicable Lending Office to the Borrower in Dollars from time to time, on any Business Day during the period from and including the Closing Date until the Revolver Maturity DateDate of such Revolving Credit Commitment, in an aggregate principal amount not to exceed at any time outstanding the amount of such Lender’s Revolving Credit Commitment; provided that after giving effect to any Revolving Credit Borrowing, (x) the aggregate Outstanding Amount of the Revolving Outstandings Credit Loans of any Lender 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, shall not exceed such Lender’s Revolving Credit Commitment, and (y) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Credit Commitments. 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(b), prepay under Section 2.06 2.05, and reborrow under this Section 2.01(b). Revolving Credit Loans may be Base Canadian Prime Rate Loans or Eurodollar CDOR Rate Loans, as further provided herein. All Revolving Credit Loans will be made by all Revolving Credit Lenders in accordance with their Pro Rata Share of the Revolving Credit Facility until the Revolver Maturity Date.

Appears in 1 contract

Samples: Credit Agreement

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