Total Facility. Subject to all of the terms and conditions of this Agreement, the Lenders severally agree to make available a total credit facility of up to the Maximum Revolver Amount for the Borrower’s use from time to time during the term of this Agreement. The total credit facility shall be composed of a revolving line of credit consisting of Revolving Loans in an aggregate amount not to exceed the Borrowing Base.
Appears in 7 contracts
Samples: Loan Agreement (Nicholas Financial Inc), Loan Agreement (Nicholas Financial Inc), Loan Agreement (Nicholas Financial Inc)
Total Facility. Subject to all of the terms and conditions of this AgreementAgreement and the Financing Order, the Lenders severally agree to make available a total term credit facility of up to the Maximum Revolver Term Loan Amount for use by the Borrower’s use from time to time during the term of this AgreementDebtors. The total term credit facility shall be composed of described in the preceding sentence is not a revolving line of credit consisting credit, and the Borrowers may not reborrow sums previously advanced as part of Revolving Loans in an aggregate amount not to exceed the Borrowing BaseTerm Loan and prepaid or repaid.
Appears in 3 contracts
Samples: And Guaranty Agreement (General Growth Properties Inc), Security and Guaranty Agreement (Pershing Square Capital Management, L.P.), And Guaranty Agreement (General Growth Properties Inc)
Total Facility. Subject to all of the terms and conditions of this Agreement, the Lenders severally agree to make available a total credit facility of up to the Maximum Revolver Amount Total Credit Facility for the Borrower’s Borrowers’ use from time to time during the term of this Agreement. The total credit facility Total Credit Facility shall be composed of a revolving line of credit consisting of Revolving Loans and Letters of Credit up to the Availability, as described in an aggregate amount not to exceed the Borrowing BaseParagraph 2.2.
Appears in 3 contracts
Samples: Loan and Security Agreement (Regional Management Corp.), Loan and Security Agreement (Regional Management Corp.), Loan and Security Agreement (Regional Management Corp.)
Total Facility. Subject to all of the terms and conditions of this Agreement, the Lenders severally agree to make available a total credit facility of up to the Maximum Revolver Amount Total Credit Facility for the Borrower’s Borrowers’ use from time to time during the term of this Agreement. The total credit facility Total Credit Facility shall be composed of a revolving line of credit consisting of Revolving Loans and Letters of Credit up to the Availability, as described in an aggregate amount not to exceed the Borrowing BaseSection 2.2.
Appears in 2 contracts
Samples: Loan and Security Agreement (Regional Management Corp.), Loan and Security Agreement (Regional Management Corp.)
Total Facility. Subject to all of the terms and conditions of this Agreement, the Lenders severally agree to make available a total credit facility of up an amount equal to the then-applicable Maximum Revolver Amount (the “Total Facility”) for use by any one or more of the Borrower’s use Borrowers from time to time during the term of this Agreement. The total credit facility Total Facility shall be composed of a revolving line of credit consisting of Revolving Loans and Letters of Credit, as described in an aggregate amount not to exceed the Borrowing BaseSection 2.2 and Section 2.3.
Appears in 2 contracts
Samples: Loan and Security Agreement (FLAG INTERMEDIATE HOLDINGS Corp), Loan and Security Agreement (Metals Usa Holdings Corp.)
Total Facility. Subject to all of the terms and conditions of this Agreement, the Lenders severally agree to make available a total credit facility of up to the Maximum Revolver Amount (the “Total Facility”) for use by any one or more of the Borrower’s use Borrowers from time to time during the term of this Agreement. The total credit facility Total Facility shall be composed of a revolving line of credit credit, consisting of Revolving Loans and Letters of Credit, as described in an aggregate amount not to exceed the Borrowing BaseSection 1.2 and Section 1.4.
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Total Facility. Subject to all of the terms and conditions of this Agreement, the Lenders severally agree to make available a total credit facility of up to $340,000,000 (the Maximum Revolver Amount 'Total Facility') for the Borrower’s 's use from time to time during the term of this Agreement. The total credit facility Total Facility shall be composed comprised of a revolving line of credit for the Borrower consisting of Revolving Loans revolving loans and letters of credit up to the limits of the Combined Availability as described in an aggregate amount not to exceed the Borrowing BaseSections 2.2 and 2.3."
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Total Facility. Subject to all of the terms and conditions of this Agreement, the Lenders severally agree to make available a total credit facility of up to the Maximum Revolver Amount for (the Borrower’s use “Total Facility”) to the Borrowers from time to time during the term of this Agreement. The total credit facility Total Facility shall be composed of a revolving line of credit consisting of Revolving Loans and Letters of Credit and Credit Support as described in an aggregate amount not to exceed the Borrowing BaseSection 1.2 and Section 1.3.
Appears in 1 contract
Samples: Credit Agreement (Salton Inc)
Total Facility. Subject to all of the terms and conditions of this Agreement, the Lenders severally agree to make available a total credit facility of up to the Maximum Revolver Amount for the Borrower’s 's use from time to time during the term of this Agreement. The total credit facility Total Credit Facility shall be composed of a revolving line of credit consisting of Revolving Loans in an aggregate amount not up to exceed the Borrowing Base.
Appears in 1 contract
Samples: Loan and Security Agreement (Nicholas Financial Inc)
Total Facility. Subject to all of the terms and conditions of this Agreement, the Lenders severally agree to make available a total credit facility of up to the Maximum Revolver Amount (the "Total Facility") for the Borrower’s 's use from time to time during the term of this Agreement. The total credit facility Total Facility shall be composed comprised of a revolving line of credit consisting of revolving loans and letters of credit up to the Maximum Revolver Amount, as described in Section 2.2 (Revolving Loans in an aggregate amount not to exceed the Borrowing BaseLoans) and Section 2.3 (Letters of Credit).
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Total Facility. Subject to all of the terms and conditions of this Agreement, the Lenders severally agree to Lender shall make available a total credit facility of up to the Maximum Revolver Amount Total Facility for the Borrower’s 's use from time to time during the term of this Agreement. The total credit facility Total Facility shall be composed comprised of a revolving line of credit consisting and letters of Revolving Loans credit up to the limits of the Availability, as described in an aggregate amount not to exceed the Borrowing BaseSections 2.2 and 2.3.
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Total Facility. Subject to all of the terms and conditions of this Agreement, the Lenders severally agree to make available a total credit facility of up to the Maximum Revolver Amount for the Borrower’s Borrowers' use from time to time during the term of this Agreement. The total credit facility shall be composed comprised of a revolving line of credit consisting of Revolving Loans revolving loans and letters of credit as described in an aggregate amount not to exceed the Borrowing BaseSections 2.2 and 2.3.
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Total Facility. Subject to all of the terms and conditions of this Agreement, the Lenders severally agree to make available a total credit facility of up to the Maximum Revolver Amount for the Borrower’s Borrowers' use from time to time during the term of this Agreement. The total credit facility shall be composed , comprised of a revolving line of credit consisting of Revolving Loans revolving loans and letters of credit up to the Maximum Revolver Amount, as described in an aggregate amount not to exceed the Borrowing BaseSections 2.2 and 2.3.
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