Common use of to U Clause in Contracts

to U. S. Borrower in an aggregate principal amount at any one time outstanding (including its Commitment Percentage of all Letter of Credit Liabilities relating to U.S. Letters of Credit at such time) up to but not exceeding such U.S. Lender's Commitment Percentage of the Maximum U.S. Available Amount. Subject to the conditions in this Agreement, any such U.S. Revolving Loan repaid prior to the Termination Date may be reborrowed pursuant to the terms of this Agreement; provided, that any and all such U.S. Revolving Loans shall be due and payable in full on the Termination Date. Loans made under this Section 2.1(a) shall be made and denominated in Dollars. The aggregate of all U.S. Revolving Loans to be made by the U.S. Lenders in connection with a particular borrowing shall be equal to the lesser of (i) the unutilized portion of the U.S. Commitments or (ii) $500,000 or any integral multiple of $100,000 in excess thereof.

Appears in 3 contracts

Samples: Loan Agreement (Natco Group Inc), Loan Agreement (Natco Group Inc), Loan Agreement (Natco Group Inc)

AutoNDA by SimpleDocs

to U. S. K. Borrower in an aggregate principal amount at any one time outstanding (including its Commitment Percentage of all Letter of Credit Liabilities relating to U.S. U.K. Letters of Credit at such time) up to but not exceeding such U.S. U.K. Lender's Commitment Percentage of the Maximum U.S. U.K. Available Amount. Subject to the conditions in this Agreement, any such U.S. U.K. Revolving Loan repaid prior to the Termination Date may be reborrowed pursuant to the terms of this Agreement; provided, that any and all such U.S. U.K. Revolving Loans shall be due and payable in full on the Termination Date. Loans made under this Section 2.1(a2.1(c) shall be made and denominated in Dollars. The aggregate of all U.S. U.K. Revolving Loans to be made by the U.S. U.K. Lenders in connection with a particular borrowing shall be equal to the lesser of (i) the unutilized portion of the U.S. Commitments or (ii) $500,000 or any integral multiple of $100,000 in excess thereof.

Appears in 2 contracts

Samples: Loan Agreement (Natco Group Inc), Loan Agreement (Natco Group Inc)

AutoNDA by SimpleDocs

to U. S. Borrower in an aggregate principal amount at any one time outstanding (including its such U.S. Lender's Commitment Percentage of all Letter of Credit Liabilities relating to U.S. Letters of Credit at such time) up to but not exceeding such U.S. Lender's Commitment Percentage of the Maximum U.S. Available Amount. Subject to the conditions in this Agreement, any such U.S. Revolving Loan repaid prior to the Termination Date may be reborrowed pursuant to the terms of this Agreement; providedPROVIDED, that any and all such U.S. Revolving Loans shall be due and payable in full on the Termination Date. Loans made under this Section 2.1(aSECTION 2.1(A) shall be made and denominated in Dollars. The aggregate of all U.S. Revolving Loans to be made by the U.S. Lenders in connection with a particular borrowing shall be equal to the lesser of (i) the unutilized portion of the U.S. Commitments or (ii) $500,000 1,000,000 or any integral multiple of $100,000 in excess thereof.

Appears in 1 contract

Samples: Loan Agreement (Railtex Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!