Common use of US Revolving Credit Facility Clause in Contracts

US Revolving Credit Facility. (i) Subject to the terms and conditions hereof, each US Revolving Lender agrees to make available to LLTC from time to time until the Commitment Termination Date its Pro Rata Share of US Dollar advances (each, a "US Revolving Credit Advance") under the US Revolving Loan Commitment (the "US Revolving Credit Facility"). Immediately prior to the effectiveness of this Agreement, the outstanding principal balance of "US Revolving Loans" under the Existing Credit Agreement is US $2,500,000. Such "US Revolving Loans" under the Existing Credit Agreement shall be deemed to be, and hereby are converted into, on the Restatement Closing Date, outstanding US Revolving Loans hereunder. The Pro Rata Share of the US Revolving Loan of any US Revolving Lender shall not at any time exceed its separate US Revolving Loan Commitment. The obligations of each US Revolving Lender hereunder shall be several and not joint. Until the Commitment Termination Date, LLTC may from time to time borrow, repay and reborrow under this Section 1.1(c); provided, that the US Dollar amount of any US Revolving Credit Advance to be made at any time shall not exceed the US Borrowing Availability at such time. Each US Revolving Credit Advance shall be made on notice by LLTC to one of the representatives of Agent identified in Schedule 1.1 at the address specified therein. Any such notice must be given no later than (1) 10:00 a.m. (New York time) on the Business Day of the proposed US Revolving Credit Advance, in the case of a US Base Rate Loan, or (2) 10:00 a.m. (New York time) on the date which is three (3) Business Days prior to the proposed Revolving Credit Advance, in the case of a LIBOR Loan. Each such notice (a "US Notice of Revolving Credit Advance") must be given in writing (by electronic mail or overnight courier) substantially in the form of Exhibit 1.1(a)(i), and shall include the information required in such Exhibit. If LLTC desires to have a Revolving Credit Advance bear interest by reference to the LIBOR Rate, it must comply with Section 1.5(e).

US Revolving Credit Facility. (i) Subject to the terms and conditions hereof, each US Revolving Lender agrees to make available to LLTC US Borrowers from time to time until the Commitment Termination Date its Pro Rata Share of advances to US Dollar advances Borrowers in Dollars (each, a "“US Revolving Credit Advance") under the US Revolving Loan Commitment (the "US Revolving Credit Facility"”). Immediately prior to the effectiveness of this Agreement, the outstanding principal balance of "US Revolving Loans" under the Existing Credit Agreement is US $2,500,000. Such "US Revolving Loans" under the Existing Credit Agreement shall be deemed to be, and hereby are converted into, on the Restatement Closing Date, outstanding US Revolving Loans hereunder. The Pro Rata Share of the US Revolving Loan of any US Revolving Lender shall not at any time exceed its separate US Revolving Loan Commitment. The obligations of each US Revolving Lender hereunder shall be several and not joint. Until the Commitment Termination Date, LLTC US Borrowers may from time to time borrow, repay and reborrow under this Section 1.1(c)1.1(a) in Dollars; provided, provided that the US Dollar amount of any US Revolving Credit Advance to be made at any time shall not exceed the US Borrowing Availability at such time. Borrowing Availability may be reduced by Reserves imposed by US Agent in its reasonable credit judgment. Moreover, the sum of the US Revolving Loan and Swing Line Loan outstanding to US Borrowers shall not exceed at any time the US Borrowing Base. Each US Revolving Credit Advance shall be made on notice by LLTC Borrower Representative on behalf of the US Borrowers to one of the representatives of US Agent identified in Schedule 1.1 at the address specified therein. Any such notice must be given no later than (1) 10:00 11:00 a.m. (New York California time) on the Business Day of the proposed US Revolving Credit Advance, in the case of a US Base an Index Rate Loan, or (2) 10:00 11:00 a.m. (New York California time) on the date which is three (3) 3 Business Days prior to the proposed Revolving Credit Advance, in the case of a LIBOR Loan. Each such notice (a "US “Notice of Revolving Credit Advance"”) must be given in writing (by electronic mail telecopy or overnight courier) substantially in the form of Exhibit 1.1(a)(i), and shall include the information required in such ExhibitExhibit and such other information as may be required by US Agent. If LLTC desires US Borrowers desire to have a the US Revolving Credit Advance Advances bear interest by reference to the a LIBOR Rate, it Borrower Representative must comply with Section 1.5(e).

US Revolving Credit Facility. (i) Subject to the terms and conditions hereof, each US Revolving Lender agrees to make available to LLTC from time to time until the Commitment Termination Date its Pro Rata Share of US Dollar advances (each, a "US Revolving Credit Advance") under the US Revolving Loan Commitment (the "US Revolving Credit Facility"). Immediately prior to the effectiveness of this Agreement, the outstanding principal balance of "US Revolving Loans" under the Existing Credit Agreement is US $2,500,000. Such "US Revolving Loans" under the Existing Credit Agreement shall be deemed to be, and hereby are converted into, on the Restatement Closing Date, outstanding US Revolving Loans hereunder. Each US Revolving Lender with a US Revolving Loan Commitment hereunder shall make such payments among themselves and/or shall fund US. Revolving Loans requested by LLTC on the date hereof as are necessary to ensure that such converted US Revolving Loans and all US Revolving Loans requested by LLTC on the Restatement Closing Date are funded by the US Revolving Lenders holding US Revolving Loan Commitments hereunder pro rata based on their respective shares of the US Revolving Loan Commitment. The Pro Rata Share of the US Revolving Loan of any US Revolving Lender shall not at any time exceed its separate US Revolving Loan Commitment. The obligations of each US Revolving Lender hereunder shall be several and not joint. Until the Commitment Termination Date, LLTC may from time to time borrow, repay and reborrow under this Section 1.1(c); provided, that the US Dollar amount of any US Revolving Credit Advance to be made at any time shall not exceed the US Borrowing Availability at such time. Each US Revolving Credit Advance shall be made on notice by LLTC to one of the representatives of Agent identified in Schedule 1.1 at the address specified therein. Any such notice must be given no later than (1) 10:00 a.m. (New York time) on the Business Day of the proposed US Revolving Credit Advance, in the case of a US Base Rate Loan, or (2) 10:00 a.m. (New York time) on the date which is three (3) Business Days prior to the proposed Revolving Credit Advance, in the case of a LIBOR Loan. Each such notice (a "US Notice of Revolving Credit Advance") must be given in writing (by electronic mail or overnight courier) substantially in the form of Exhibit 1.1(a)(i), and shall include the information required in such Exhibit. If LLTC desires to have a Revolving Credit Advance bear interest by reference to the LIBOR Rate, it must comply with Section 1.5(e).

US Revolving Credit Facility. (i) Subject to the terms and conditions hereof, each US Revolving Lender agrees to make available to LLTC the US Borrowers from time to time until the Commitment Termination Date its Pro Rata Share of US Dollar advances (each, a "“US Revolving Credit Advance"”) under the US Revolving Loan Commitment (the "“US Revolving Credit Facility"”). Immediately prior to the effectiveness of this Agreement, the outstanding principal balance of "US Revolving Loans" under the Existing Credit Agreement is US $2,500,000. Such "US Revolving Loans" under the Existing Credit Agreement shall be deemed to be, and hereby are converted into, on the Restatement Closing Date, outstanding US Revolving Loans hereunder. The Pro Rata Share of the US Revolving Loan of any US Revolving Lender shall not at any time exceed its separate US Revolving Loan Commitment. The obligations of each US Revolving Lender hereunder shall be several and not joint. Until the Commitment Termination Date, LLTC the US Borrowers may from time to time borrow, repay and reborrow under this Section 1.1(c1.1(b); provided, provided that the US Dollar amount of any US Revolving Credit Advance to be made at any time shall not exceed the US Borrowing Availability at such time. Each US Revolving Credit Advance shall be made on notice by LLTC the US Borrowers to one of the representatives of Agent identified in Schedule 1.1 at the address specified thereinAgent. Any such notice must be given no later than (1) 10:00 11:00 a.m. (New York time) on the Business Day of the proposed US Revolving Credit Advance, in the case of a US Base Rate Loan, or (2) 10:00 11:00 a.m. (New York time) on the date which is three (3) Business Days prior to the proposed Revolving Credit Advance, in the case of a LIBOR Loan. Each such notice (a "“US Notice of Revolving Credit Advance"”) must be given in writing (by electronic mail or overnight courierother electronic means reasonably acceptable to Agent) substantially in the form of Exhibit 1.1(a)(i1.1(b)(i), and shall include the information required in such Exhibit. If LLTC desires the US Borrowers desire to have a Revolving Credit Advance bear interest by reference to the LIBOR Rate, it they must comply with Section 1.5(e1.5(e)(i).

US Revolving Credit Facility. (i1) Subject to the terms and conditions hereof, each US Revolving A Loan Lender agrees to make available to LLTC US Borrowers from time to time until the Commitment Termination Date its US Pro Rata Share of advances under the US Dollar advances Revolving Loan Commitment (each, a "US Revolving Credit Advance") under the US Revolving Loan Commitment (the "US Revolving Credit Facility"). Immediately prior to the effectiveness of this Agreement, the outstanding principal balance of "The US Revolving Loans" under the Existing Credit Agreement is US $2,500,000. Such "US Revolving Loans" under the Existing Credit Agreement shall be deemed to be, and hereby are converted into, on the Restatement Closing Date, outstanding US Revolving Loans hereunder. The Pro Rata Share of the US Revolving Loan of any US Revolving A Loan Lender shall not at any time exceed its separate US Revolving Loan Commitment. The obligations of each US Revolving A Loan Lender hereunder shall be several and not joint. Until the Commitment Termination Date, LLTC US Borrowers may from time to time borrow, repay and reborrow under this Section 1.1(c1.1(a)(i)(1); provided, provided that the US Dollar amount of any US Revolving Credit Advance to be made at any time shall not exceed the US Borrowing Availability at such time. US Borrowing Availability may be reduced by Reserves imposed by Agent in its reasonable credit judgment. Moreover, except as set forth in Section 1.1(a)(i)(3) below, the sum of the US Revolving Loan and Swing Line Loan outstanding to US Borrowers shall not exceed at any time US Borrowers' US Borrowing Base. Each US Revolving Credit Advance shall be made on notice by LLTC Borrower Representative on behalf of the applicable US Borrower to one of the representatives of Agent identified in Schedule 1.1 at the address specified therein. Any such notice must be given no later than (1) 10:00 a.m. (New 1:00 p.m.(New York time) on the Business Day of the proposed US Revolving Credit Advance, in the case of a US Base Index Rate Loan, or (2) 10:00 a.m. (New 1:00 p.m.(New York time) on the date which is three (3) 3 Business Days prior to the proposed US Revolving Credit Advance, in the case of a LIBOR Loan. Each such notice (a "US Notice of Revolving Credit Advance") must be given in writing (by electronic mail or overnight courier) substantially in the form of Exhibit 1.1(a)(i), and shall include the information required in such Exhibit. If LLTC desires to have a Revolving Credit Advance bear interest by reference to the LIBOR Rate, it must comply with Section 1.5(e).case

US Revolving Credit Facility. (i) Subject to the terms and conditions hereof, each US Revolving Lender agrees to make available to LLTC from time to time until the Commitment Termination Date its Pro Rata Share of US Dollar advances (each, a "US Revolving Credit Advance") under the US Revolving Loan Commitment (the "US Revolving Credit Facility"). Immediately prior to the effectiveness of this Agreement, the outstanding principal balance of "US Revolving Loans" under the Existing Credit Agreement is US $2,500,0009,200,000. Such "US Revolving Loans" under the Existing Credit Agreement shall be deemed to be, and hereby are converted into, on the Restatement Closing Date, outstanding US Revolving Loans hereunder. The Pro Rata Share of the US Revolving Loan of any US Revolving Lender shall not at any time exceed its separate US Revolving Loan Commitment. The obligations of each US Revolving Lender hereunder shall be several and not joint. Until the Commitment Termination Date, LLTC may from time to time borrow, repay and reborrow under this Section 1.1(c); provided, that the US Dollar amount of any US Revolving Credit Advance to be made at any time shall not exceed the US Borrowing Availability at such time. Each US Revolving Credit Advance shall be made on notice by LLTC to one of the representatives of Agent identified in Schedule 1.1 at the address specified therein. Any such notice must be given no later than (1) 10:00 a.m. (New York time) on the Business Day of the proposed US Revolving Credit Advance, in the case of a US Base Rate Loan, or (2) 10:00 a.m. (New York time) on the date which is three (3) Business Days prior to the proposed Revolving Credit Advance, in the case of a LIBOR Loan. Each such notice (a "US Notice of Revolving Credit Advance") must be given in writing (by electronic mail or overnight courier) substantially in the form of Exhibit 1.1(a)(i), and shall include the information required in such Exhibit. If LLTC desires to have a Revolving Credit Advance bear interest by reference to the LIBOR Rate, it must comply with Section 1.5(e).

US Revolving Credit Facility. (i) Subject to the terms and conditions hereof, each US Revolving Lender agrees to make available (and continue outstanding any US Revolving Credit Advances (as defined in the Existing Credit Agreement) outstanding pursuant to LLTC the terms of the Existing Credit Agreement) to US Borrower from time to time until the Commitment Termination Date its Pro Rata Share of US Dollar advances in Dollars (each, including any such US Revolving Credit Advances (as defined in the Existing Credit Agreement) outstanding pursuant to the terms of the Existing Credit Agreement, a "“US Revolving Credit Advance") under the US Revolving Loan Commitment (the "US Revolving Credit Facility"”). Immediately prior to the effectiveness of this Agreement, the outstanding principal balance of "US Revolving Loans" under the Existing Credit Agreement is US $2,500,000. Such "US Revolving Loans" under the Existing Credit Agreement shall be deemed to be, and hereby are converted into, on the Restatement Closing Date, outstanding US Revolving Loans hereunder. The Pro Rata Share of the US Revolving Loan of any US Revolving Lender shall not at any time exceed its separate US Revolving Loan Commitment. The obligations of each US Revolving Lender hereunder shall be several and not joint. Until the Commitment Termination Date, LLTC US Borrower may from time to time borrow, repay and reborrow under this Section 1.1(c1.1(a)(i); provided, that the US Dollar amount of any US Revolving Credit Advance to be made at any time shall not exceed the US Borrowing Availability at such time. Each US Revolving Credit Advance shall be made on notice by LLTC US Borrower to one of the representatives of Agent identified in Schedule 1.1 at the address specified therein. Any such notice must be given no later than (1A) 10:00 11:00 a.m. (New York time) on the Business Day of the proposed US Revolving Credit Advance, in the case of a US Base an Index Rate Loan, or (2B) 10:00 11:00 a.m. (New York time) on the date which is three (3) 3 Business Days prior to the proposed US Revolving Credit Advance, in the case of a LIBOR Loan. Each such notice (a "US “Notice of US Revolving Credit Advance"”) must be given in writing (by electronic mail telecopy or overnight courier) substantially in the form of Exhibit 1.1(a)(i), and shall include the information required in such ExhibitExhibit and such other information as may be reasonably required by Agent. If LLTC US Borrower desires to have a the US Revolving Credit Advance Advances bear interest by reference to the a LIBOR Rate, it US Borrower must comply with Section 1.5(e).