The Terms of the Credit Facilities Sample Clauses

The Terms of the Credit Facilities. Section 2.01 Establishment of the Credit Facilities.
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The Terms of the Credit Facilities. 50 Section 2.01 Establishment of the Credit Facilities. 50 Section 2.02 Revolving Facility. 50 Section 2.03 Canadian Sub-Facility. 51 Section 2.04 Term Facility. 51 Section 2.05 Swing Line Facility. 51 Section 2.06 Revolving Facility Letters of Credit. 53 Section 2.07 Canadian Letters of Credit. 63 Section 2.08 Notice of Borrowing. 71 Section 2.09 Funding Obligations; Disbursement of Funds. 72 Section 2.10 Adjustment of Loans and Certain Other Obligations. 75 Section 2.11 Evidence of Obligations. 78 Section 2.12 Interest; Default Rate. 79 Section 2.13 Conversion and Continuation of Loans. 81 Section 2.14 Fees. 82 Section 2.15 Termination and Reduction of Commitments. 84 Section 2.16 Payments and Prepayments of Loans. 85 Section 2.17 Method and Place of Payment. 91 Section 2.18 Authority of Company; Liability of Canadian Borrowers. 92 Section 2.19 Eligibility and Addition/Release of Canadian Borrowers. 93 Section 2.20 Incremental Facilities. 94 Section 2.21 Liability of Canadian Borrowers. 97 ARTICLE III - TAXES, INCREASED COSTS AND ILLEGALITY 97 Section 3.01 Interest Rate Unascertainable; Illegality; Increased Costs; Deposits Not Available. 97 Section 3.02 Increased Costs. 98 Section 3.03 Taxes. 100 Section 3.04 Indemnity. 103 Section 3.05 Mitigation Obligations. 104 ARTICLE IV - CONDITIONS PRECEDENT 104 Section 4.01 Conditions Precedent at Closing Date. 104 Section 4.02 Conditions Precedent to Addition of Canadian Borrowers. 109 Section 4.03 Conditions Precedent to All Credit Events. 110 Section 4.04 Post-Closing Covenants. 111
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The Terms of the Credit Facilities. 46 Section 2.01 Establishment of the Credit Facilities 46 Section 2.02 Revolving Facility 46 Section 2.03 Term Loans 46 Section 2.04 Swing Line Facility 47 Section 2.05 Letters of Credit 49 Section 2.06 Notice of Borrowing 54 Section 2.07 Funding Obligations; Disbursement of Funds 55 Section 2.08 Evidence of Obligations 57 Section 2.09 Interest; Default Rate 58 Section 2.10 Conversion and Continuation of Loans 59 Section 2.11 Fees 60 Section 2.12 Termination and Reduction of Revolving Commitments 61 Section 2.13 Voluntary, Scheduled and Mandatory Prepayments of Loans 62 Section 2.14 Method and Place of Payment 66 Section 2.15 Defaulting Lenders 67 Section 2.16 Cash Collateral 69 Section 2.17 Increase in Commitments 70 Section 2.18 Extension Offers 73 Section 2.19 Refinancing Provisions for the Term Facility 74 ARTICLE III. INCREASED COSTS, ILLEGALITY AND TAXES 76 Section 3.01 Increased Costs, Illegality, etc 76 Section 3.02 Breakage Compensation 78 Section 3.03 Taxes 78 Section 3.04 Increased Costs to LC Issuers 82
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The Terms of the Credit Facilities 
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Related to The Terms of the Credit Facilities

  • The Credit Facilities Section 2.1 The Revolving Credit Facility.

  • Amount and Terms of the Credit Facility 2.1. The Commitments; Increase in Total Commitments. (a) Subject to the terms and conditions hereof, each Lender severally agrees to make revolving credit loans in Dollars to the Borrower from time to time during the Commitment Period in an aggregate principal amount at any one time outstanding that will not result in such Lender’s Exposure exceeding such Lender’s Commitment. During the Commitment Period the Borrower may use the Commitments by borrowing, prepaying the Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. Notwithstanding anything to the contrary in this Agreement, in no event may Loans be borrowed under this Section 2.1 if, after giving effect thereto, the aggregate principal amount (a) of the Total Exposures at such time would exceed the Total Commitments then in effect or (b) the Exposure of any Lender at such time would exceed such Lender’s Commitment. The Loans may from time to time be Eurodollar Loans or ABR Loans, as determined by the Borrower and notified to the Administrative Agent in accordance with Sections 2.2 and 2.6. The respective obligations of the Lenders under this Agreement are several and not joint and no Lender shall be responsible for the failure of any other Lender to satisfy its obligations hereunder.

  • The Credit Facility 2.1 The Revolving Credit Facility Each Lender severally agrees, on the terms and conditions set forth herein, to make loans to the Borrower (each such loan, a “Revolving Loan”) from time to time on any Business Day during the period from the Closing Date to the Revolving Termination Date, in an aggregate amount not to exceed at any time outstanding, together with the principal amount of Term Loans outstanding in favor of such Lender at such time, the amount set forth next to such Lender’s name on Schedule 1 (such amount together with the Lender’s Pro Rata Share of the Term Commitment, as the same may be reduced under Section 2.10 or as a result of one or more assignments under Section 10.8, the Lender’s “Commitment”); provided, however, that, after giving effect to any Borrowing of Revolving Loans, the Effective Amount of all outstanding Revolving Loans shall not at any time exceed the combined Commitments; and provided further that the Effective Amount of the Revolving Loans, together with all Term Loans outstanding at such time, of any Lender shall not at any time exceed such Lender’s Commitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.1, prepay under Section 3.3 and reborrow under this Section 2.1.

  • Amendment of the Credit Agreement Effective as of the Amendment Effective Date (as defined below):

  • (b) of the Credit Agreement Section 7.14(b) of the Credit Agreement shall be amended and restated in its entirety to read as follows:

  • 01 of the Credit Agreement Section 1.01 of the Credit Agreement is hereby amended as follows:

  • of the Credit Agreement Section 5.28 of the Credit Agreements is hereby amended to read in its entirety as follows:

  • Other Provisions Relating to Credit Facilities 24 3.1 Default Rate.....................................................24

  • Amounts and Terms of the Advances and Letters of Credit Section 2.01 The Revolving Advances and Letters of Credit.

  • Credit Facilities 18 2.1 Loans......................................................................................... 18 2.2 Letter of Credit Accommodations............................................................... 20 2.3

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