Examples of Aggregate Loan Commitments in a sentence
If, on the effective date of any increase in the Aggregate Loan Commitments pursuant to this Section, any Loans shall be outstanding, the Company shall on such date prepay all such Loans, and, if it wishes to reborrow all or a portion of such Loans so prepaid, such borrowing shall be made in accordance with the terms and conditions of this Agreement from the Lenders in accordance with their respective Loan Commitments after giving effect to such increase.
The Company may from time to time, by notice to the Administrative Agent (which shall promptly deliver a copy to each of the Lenders), request that the Aggregate Loan Commitments be increased by an amount that is not less than $50,000,000 and will not result in the Aggregate Loan Commitments exceeding $750,000,000.
Any increase in the Aggregate Loan Commitments effected pursuant to this Section shall be allocated between this Agreement and the Other Agreements as substantially ratably as possible based on the respective amounts of the Loan Commitments and the Loan Commitments (as defined therein) under the Other Agreements.
Any increase in the Aggregate Loan Commitments effected pursuant to this Section shall be allocated between this Agreement and the Existing 5-Year Credit Agreement as substantially ratably as possible based on the respective amounts of the Loan Commitments and the Loan Commitments (as defined therein) under the Existing 5-Year Credit Agreement.
The aggregate face amount of all outstanding Letters of Credit (i) shall constitute a portion of the Aggregate Loan Commitments (thereby reducing the Revolving Loan Commitments available for Revolving Loans on a dollar-for-dollar basis), and (ii) shall not exceed $150,000,000.
Any increase in the Aggregate Loan Commitments effected pursuant to this Section shall be allocated between this Agreement and the Other Agreement as substantially ratably as possible based on the respective amounts of the Loan Commitments and the Loan Commitments (as defined therein) under the Other Agreement.
The Aggregate Loan Commitments and the Lessor Investment Commitment once terminated or reduced may not be reinstated.
In no event shall the Lessor Investment Commitment be reduced below the outstanding principal amount of Lessor Investment Payments, nor shall the Aggregate Loan Commitments be reduced below the aggregate outstanding principal amount of the Loans.
The Aggregate Loan Commitments ---------------------- shall at all times be equal to the Aggregate Maximum Credit Amounts after adjustments resulting from reductions pursuant to Sections 2.03(b), (c) and (d).
Notwithstanding the foregoing, the obligation of the Lenders to make Loans and of the Issuing Bank to issue Letters of Credit hereunder shall not become effective unless each of the foregoing conditions is satisfied (or waived pursuant to Section 12.04) on or prior to 5:00 p.m. Houston, Texas time on May 31, 2002 (and, in the event such conditions are not so satisfied or waived, the Aggregate Loan Commitments shall terminate).