Common use of U.S. Revolving Loans Clause in Contracts

U.S. Revolving Loans. Subject to the terms and conditions set forth herein, each U.S. Sub-facility Lender with a U.S. Revolving Commitment severally agrees to make loans (each such loan, a “U.S. Revolving Loan”) to the Company in Dollars or in one or more Alternative Currencies from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s U.S. Revolving Commitment; provided, however, that after giving effect to any U.S. Revolving Loan, (i) the aggregate Outstanding Amount of all U.S. Revolving Loans shall not exceed the Aggregate U.S. Revolving Loan Commitments, (ii) the aggregate Outstanding Amount of the U.S. Revolving Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all U.S. L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s U.S. Revolving Commitment, and (iii) the aggregate Outstanding Amount of all Committed Loans denominated in Alternative Currencies shall not exceed the Alternative Currency Sublimit. Within the limits of each U.S. Sub-facility Lender’s U.S. Revolving Loan Commitment (if any), and subject to the other terms and conditions hereof, the Company may borrow under this Section 2.01, prepay under Section 2.05, and reborrow under this Section 2.01. U.S. Revolving Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.

U.S. Revolving Loans. Subject (a) U.S. Revolving Commitment. During the Commitment Period, subject to the terms and conditions set forth hereinhereof, each U.S. Sub-facility Lender with a the U.S. Revolving Commitment Lenders severally agrees agree to make revolving credit loans in U.S. Dollars (each such loan, a “U.S. Revolving LoanLoans”) to the Company in Dollars or in one or more Alternative Currencies from time to time, on any Business Day during the Availability Period, time in an aggregate amount not principal Dollar Amount of up to exceed at any time outstanding ONE BILLION, FOUR HUNDRED SEVENTY-FIVE MILLION U.S. DOLLARS (U.S.$ 1,475,000,000) less the aggregate amount of the Canadian Revolving Committed Amount from time to time (as such Lender’s amount may be increased or reduced from time to time in accordance with Section 2.11, the “U.S. Revolving CommitmentCommitted Amount”); provided, however, that after giving effect to any such U.S. Revolving LoanLoans, (i) the aggregate Outstanding principal Dollar Amount (determined as of all U.S. the most recent Determination Date) of outstanding Revolving Loans, Swingline Loans and LOC Obligations shall not exceed the Aggregate U.S. Revolving Loan CommitmentsCommitted Amount, (ii) the aggregate Outstanding principal Dollar Amount of the outstanding U.S. Revolving Loans, U.S. Swingline Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all U.S. L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans and LOC Obligations shall not exceed such Lender’s the U.S. Revolving Commitment, Committed Amount and (iii) the aggregate Outstanding principal Dollar Amount of all Committed Loans denominated in Alternative Currencies shall not exceed the Alternative Currency Sublimit. Within the limits of each any U.S. Sub-facility Revolving Lender’s U.S. Revolving Loan Commitment (if any)Percentage of outstanding U.S. Revolving Loans, U.S. Swingline Loans and subject to the other terms and conditions hereof, the Company may borrow under this Section 2.01, prepay under Section 2.05, and reborrow under this Section 2.01LOC Obligations shall not exceed its U.S. Revolving Commitment. U.S. Revolving Loans may be consist of Alternate Base Rate Loans or Eurocurrency LIBOR Rate Loans, or a combination thereof, as further provided hereinthe Company may request, and may be repaid and reborrowed in accordance with the provisions hereof; provided, however, U.S. Revolving Loans made on the Closing Date or on any of the three (3) Business Days following the Closing Date may only consist of Alternate Base Rate Loans unless the Company executes a funding indemnity letter in form and substance reasonably satisfactory to the Administrative Agent. LIBOR Rate Loans denominated in U.S. Dollars shall be made by each U.S. Revolving Lender at its LIBOR Lending Office. Alternate Base Rate Loans shall be made by each U.S. Revolving Lender at its Domestic Lending Office. (b) U.S. Revolving Loan Borrowings.

U.S. Revolving Loans. Subject to the terms and conditions set forth herein, each U.S. Sub-facility Lender with a U.S. Revolving Commitment severally agrees to make loans (each such loan, a “U.S. Revolving Loan”) to the Company in Dollars or in one or more Alternative Currencies from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s U.S. Revolving Commitment; provided, however, that after giving effect to any U.S. Revolving Loan, (i) the aggregate Outstanding Amount of all U.S. Revolving Loans shall not exceed the Aggregate U.S. Revolving Loan Commitments, and (ii) the aggregate Outstanding Amount of the U.S. Revolving Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all U.S. L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s U.S. Revolving Commitment, and (iii) the aggregate Outstanding Amount of all Committed Loans denominated in Alternative Currencies shall not exceed the Alternative Currency Sublimit. Within the limits of each U.S. Sub-facility Lender’s U.S. Revolving Loan Commitment (if any)Commitment, and subject to the other terms and conditions hereof, the Company may borrow under this Section 2.01, prepay under Section 2.05, and reborrow under this Section 2.01. U.S. Revolving Loans may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein.

U.S. Revolving Loans. Subject to the terms and conditions set forth herein, each U.S. Revolving Lender agrees, severally and not jointly, to make U.S. Revolving Loans in the form of (i) U.S. Operating Loans to the U.S. Operating Borrowers and (ii) U.S. Acquisition Sub-facility Lender with a U.S. Revolving Commitment severally agrees to make loans (each such loan, a “U.S. Revolving Loan”) Facility Loans to the Company U.S. Acquisition Sub-Facility Borrowers, in Dollars or in one or more Alternative Currencies each case, from time to time, on any Business Day time during the Availability Period, Period in an aggregate principal amount that will not to exceed at any time outstanding the amount of result in (i) such U.S. Revolving Lender’s U.S. Revolving Commitment; provided, however, that after giving effect to any Exposure exceeding such U.S. Revolving Loan, (i) the aggregate Outstanding Amount of all Lender’s U.S. Revolving Loans shall not exceed the Aggregate U.S. Revolving Loan CommitmentsCommitment at such time, (ii) the aggregate Outstanding Amount total U.S. Revolving Exposures exceeding the lesser of (x) the sum of the total U.S. Revolving Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all U.S. L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s U.S. Revolving CommitmentCommitments, and (y) the U.S. Borrowing Base (subject to the Agent’s authority, in its sole discretion, to make U.S. Protective Advances and U.S. Overadvances pursuant to the terms of Section 2.04) at such time, or (iii) at any time on or after the Initial Increase Effective Date when the aggregate Outstanding Amount principal amount of all Committed Loans denominated that are outstanding (or will be outstanding after giving effect to such U.S. Revolving Loan) is (or will be) greater than $540,000,000 (or, if applicable, any greater fixed principal amount of Indebtedness permitted to be incurred under this Agreement in Alternative Currencies shall not exceed accordance with the Alternative Currency SublimitPermitted Senior Facilities Documents then in effect) ($540,000,000 or such greater amount, as applicable, the “Permitted ABL Amount”), the Total Exposure (including Protective Advances) exceeding 90% of the TLB Borrowing Base. Within the foregoing limits of each U.S. Sub-facility Lender’s U.S. Revolving Loan Commitment (if any), and subject to the other terms and conditions hereofset forth herein, the Company applicable U.S. Borrowers may borrow under this Section 2.01borrow, prepay under Section 2.05, repay and reborrow under this Section 2.01. the applicable U.S. Revolving Loans may Loans. Each U.S. Revolving Loan shall be Base Rate Loans or Eurocurrency Rate Loans, as further provided hereinfunded and repaid in Dollars.