Common use of Total Facility Clause in Contracts

Total Facility. Subject to all of the terms and conditions of this Agreement, the Lender shall make available a total credit facility of up to $40,000,000.00 (the "TOTAL FACILITY") for the Borrower's use from time to time during the term of this Agreement. The Total Facility shall be comprised of a revolving line of credit up to the limits of the Availability, consisting of revolving loans and letters of credit as described in SECTIONS 2.2 and 2.

Appears in 1 contract

Samples: Loan and Security Agreement (Strouds Inc)

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Total Facility. Subject to all of the terms and conditions of this Agreement, the Lender shall Lenders severally agree to make available a total credit facility of up to $40,000,000.00 100,000,000 (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 Facility shall be comprised composed of a revolving line of credit consisting of Revolving Loans and Letters of Credit up to the limits of the AvailabilityBorrowing Base, consisting of revolving loans and letters of credit as described in SECTIONS Section 2.2 and SECTION 2.

Appears in 1 contract

Samples: Loan and Security Agreement (Pentacon Inc)

Total Facility. Subject to all of the terms and conditions of this Agreement, the Lender shall agrees to make available a total credit facility of up to $40,000,000.00 35,645,000 (the "TOTAL FACILITYTotal Facility") for to the Borrower's use Borrowers from time to time during the term of this Agreement. The Total Facility shall be comprised composed of a revolving line of credit up to the limits of the Availability, consisting of revolving loans Revolving Loans and letters Letters of credit as Credit and the Term Loan described in SECTIONS 2.2 and 2herein.

Appears in 1 contract

Samples: Credit Agreement (Meade Instruments Corp)

Total Facility. Subject to all of the terms and conditions of this Agreement, the Lender shall Lenders severally agree to make available a total credit facility of up to forty million dollars ($40,000,000.00 40,000,000) (the "TOTAL FACILITY") for the Borrower's Borrowers' use from time to time during the term of this Agreement. The Total Facility shall be comprised of a of: (a) revolving line of credit up to the limits of the Availability, consisting of revolving loans and letters of credit Revolving Loans as described in SECTIONS 2.2 SECTION 2.2; and (b) the Term Loans as described in SECTION 2.

Appears in 1 contract

Samples: Loan and Security Agreement (Option Care Inc/De)

Total Facility. Subject to all of the terms and conditions of this Agreement, the Lender shall Lenders severally agree to make available a total credit facility of up to $40,000,000.00 50,000,000 (the "TOTAL FACILITYTotal Facility") for the Borrower's use from time to time during the term of this Agreement. The Total Facility shall be comprised of a revolving line of credit up to the limits of the Availability, consisting of revolving loans and letters of credit up to the Maximum Revolver Amount, as described in SECTIONS 2.2 and 22.4.

Appears in 1 contract

Samples: Loan and Security Agreement (Strategic Distribution Inc)

Total Facility. Subject to all of the terms and conditions of this Agreement, the Lender shall make available a total credit facility of up to twenty-five million dollars ($40,000,000.00 25,000,000) (the "TOTAL FACILITY") for the Borrower's Borrowers' use from time to time during the term of this Agreement. The Total Facility shall be comprised of a revolving line of credit up to the limits of the Availability, consisting of revolving loans and letters of credit Revolving Loans as described in SECTIONS 2.2 and 2SECTION 2.2.

Appears in 1 contract

Samples: Loan and Security Agreement (Option Care Inc/De)

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Total Facility. Subject to all of the terms and conditions of this Agreement, the Lender shall Lenders severally agree to make available a total credit facility of up to $40,000,000.00 625,000,000 (the "TOTAL FACILITYTotal Facility") for the Borrower's use from time to time during the term of this Agreement. The Total Facility shall be comprised of composed of: (a) a revolving line of credit consisting of Revolving Loans and Letters of Credit up to the limits of the AvailabilityBorrowing Base, consisting of revolving loans and letters of credit as described in SECTIONS 2.2 and 22.4; and (b) the Term Loan described in SECTION 2.3.

Appears in 1 contract

Samples: Loan and Security Agreement (Fruit of the Loom LTD)

Total Facility. Subject to all of the terms and conditions of this Agreement, the Lender shall make available a total credit facility of up to $40,000,000.00 (the "TOTAL FACILITY") 40,000,000 for the Borrower's Borrowers' use from time to time during the term of this Agreement. The Total Facility credit facility shall be comprised of a revolving line of credit up to the limits of the Aggregate Availability, consisting of revolving loans Revolving Loans, Letters of Credit and letters of credit Belgian Guaranties as described in SECTIONS 2.2 Sections 2.2, 2.3 and 22.4.

Appears in 1 contract

Samples: Loan and Security Agreement (California Microwave Inc)

Total Facility. Subject to all of the terms and conditions of this Agreement, the Lender shall Lenders severally agree to make available a total credit facility of up to $40,000,000.00 350,000,000 (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 Facility shall be comprised composed of a revolving line of credit up to the limits of the Availability, consisting of revolving loans Revolving Loans and letters Letters of credit Credit and Credit Support, as described in SECTIONS SECTION 2.2 and 2SECTION 2.3.

Appears in 1 contract

Samples: Post Petition Loan Agreement (Metals Usa Inc)

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