Aggregate Loans definition
Examples of Aggregate Loans in a sentence
Borrower shall pay interest on the Aggregate Loans, the Swingline Loan and any Obligations with respect to Letters of Credit after their Maturity, and, at the option of Administrative Agent or at the direction of the Required Lenders, on the Aggregate Loans, the Swingline Loan and on the other Loan Obligations after the occurrence of an Event of Default, at a rate per annum of two percent (2%) plus the then-applicable rates.
Subject to the terms and conditions hereof, each Lender severally agrees to make revolving credit loans (individually a "Revolving Credit Loan") to the Company from time to time during the Commitment Period in an aggregate principal amount at any one time outstanding not to exceed the amount of such Lender's Loan Commitment; provided that no Revolving Credit Loan shall be made hereunder which would result in the Aggregate Loans outstanding hereunder being in excess of the Loan Commitments then in effect.
Subject to the terms and conditions hereof, each Lender severally agrees to make revolving credit loans (individually a “Revolving Credit Loan”) to the Company from time to time during the Commitment Period in an aggregate principal amount at any one time outstanding not to exceed the amount of such Lender’s Loan Commitment; provided that no Revolving Credit Loan shall be made hereunder which would result in the Aggregate Loans outstanding hereunder being in excess of the Loan Commitments then in effect.
The agreements in this Section shall survive the resignation of Administrative Agent, the replacement of any Lender, the termination of the Aggregate Loans and the repayment, satisfaction or discharge of all the other obligations.
Borrower shall pay interest on the Aggregate Loans and any Obligations with respect to Letters of Credit after their Maturity, and (at the option of Required Lenders and after notice to Borrower) on the Aggregate Loans and the other Loan Obligations after the occurrence of an Event of Default, at a rate per annum of 2% plus the rate that would otherwise apply.