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 Agreement, the Lenders severally agree to make available a total credit facility of up to $100,000,000 (the Maximum Revolver Amount for “Total Facility”) to the Borrower’s use Borrower 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 in an aggregate amount not to exceed the Borrowing Baseand Letters of Credit described herein.
Appears in 3 contracts
Samples: Credit Agreement (Omnova Solutions Inc), Credit Agreement (Omnova Solutions Inc), Credit Agreement (Omnova Solutions 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 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 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 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 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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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 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 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 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.
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