Amount and Terms of Credit. 1.1 Credit Facilities.
Amount and Terms of Credit. 1.1 Credit Facilities
(a) Revolving Credit Facility
(i) Subject to the terms and conditions hereof and to the last sentence of Section 1.1(c), each Revolving Lender agrees to make available to Borrowers from time to time until the Commitment Termination Date its Pro Rata Share of advances (each, a “Revolving Credit Advance”). The Pro Rata Share of the Revolving Loan of any Revolving Lender shall not at any time exceed its separate Revolving Loan Commitment. The obligations of each Revolving Lender hereunder shall be several and not joint. Until the Commitment Termination Date, Borrowers may borrow, repay and reborrow under this Section 1.1(a); provided, that the amount of any Revolving Credit Advance to be made to any Borrower at any time shall not exceed Borrowing Availability of such Borrower at such time or, cause the Borrowing Availability of all Borrowers to be exceeded. Moreover, the sum of the Revolving Loan and Swing Line Loan outstanding to any Borrower shall not exceed at any time that Borrower’s separate Borrowing Base, provided, that in the case of any Revolving Advances or Swingline Advances that constitute H&E/Great Northern Advances included in such sum, “that Borrower’s separate Borrowing Base” shall mean the Great Northern Borrowing Base. Each Revolving Credit Advance shall be made on notice by Borrower Representative on behalf of the applicable Borrower to the representative of Agent identified in Schedule 1.1 at the address specified therein. Any such notice must be given no later than (l) noon (New York time) on the Business Day of the proposed Revolving Credit Advance, in the case of an Index Rate Loan, or (2) noon (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 “Notice of Revolving Credit Advance”) must be given in writing (by telecopy or overnight courier) substantially in the form of Exhibit l.l(a)(i), and shall include the information required in such Exhibit and such other administrative information as may be reasonably required by Agent. If any Borrower desires to have the Revolving Credit Advances bear interest by reference to a LIBOR Rate, Borrower Representative must comply with Section 1.5(e).
(ii) Upon the request of any Revolving Lender, each Borrower shall execute and deliver to such Revolving Lender a note to evidence the Revolving Loan Commitment of that Revolving Lender. Each such note shall be in the maximum pr...
Amount and Terms of Credit. 2.1 The Commitments
Amount and Terms of Credit. 20 SECTION 2.01 Commitments of the Lenders.................................................. 20 SECTION 2.02
Amount and Terms of Credit. 2.1 The Commitments
(a) Extended Term B Dollar Loans, Non-Extended Term B Dollar Loans, 2015 Extended Term B Dollar Loans and 2015 Non-Extended Term B Dollar Loans.
(i) Subject to the terms and conditions hereof and in the Third Amendment, each Converting Term Loan Lender and Additional Term Loan Lender agreed to convert or make a loan in Dollars (collectively, the “Existing Term B Dollar Loans”) to the Borrower on the Third Amendment Effective Date in the aggregate principal amount of such Lender’s Term B Dollar Commitment. The Borrower, the Extended Term B Dollar Lenders, Series 2 Extended Term B Dollar Lenders and Non-Extended Term B Dollar Lenders acknowledge the making of the Existing Term B Dollar Loans under this Agreement and agree that, to the extent outstanding on the Seventh Amendment Effective Date, the Existing Term B Dollar Loans shall continue to be outstanding as Extended Term B Dollar Loans, Series 2 Extended Term B Dollar Loans or Non-Extended Term B Dollar Loans, as applicable, under this Agreement and the other Loan Documents. In addition, the Borrower, the 2015 Extended Term B Dollar Lenders and the 2015 Non-Extended Term B Dollar Lenders agree that, to the extent outstanding on the Fourteenth Amendment Effective Date, the Term B Dollar Loans shall continue to be outstanding as 2015 Extended Term B Dollar Loans or 2015 Non-Extended Term B Dollar Loans, as applicable, under this Agreement and the other Loan Documents. No amount of a Term B Dollar Loan which is repaid or prepaid by the Borrower may be reborrowed hereunder. The Term B Dollar Loans shall be denominated in Dollars, shall be maintained as and/or converted into Base Rate Loans or Eurocurrency Loans or a combination thereof, provided, that all 2015 Extended Term B Dollar Loans, Series 2 Extended Term B Dollar Loans, 2015 Non-Extended Term B Dollar Loans, as applicable, made by the 2015 Extended Term B Dollar Lenders, Series 2 Extended Term B Dollar Lenders or 2015 Non-Extended Term B Dollar Lenders, as applicable, pursuant to the same Borrowing shall, unless otherwise specifically provided herein, consist entirely of 2015 Extended Term B Dollar Loans, Series 2 Extended Term B Dollar Loans or 2015 Non-Extended Term B Dollar Loans, as applicable, of the same Type.
(A) The Borrower shall have the right any time on the Eleventh Amendment Effective Date (so long as (x) no Unmatured Event of Default or Event of Default then exists and is continuing, (y) the Borrower shall have deliv...
Amount and Terms of Credit. Section 2.01
Amount and Terms of Credit. Section 2.01. Commitments of the Lenders.
Amount and Terms of Credit. 9 Section 2.1. Commitment.................................................9 Section 2.2. The Banks..................................................9
Amount and Terms of Credit. 16 SECTION 2.01.Commitment of the Lenders ............... 16 SECTION 2.02.Letters of Credit ....................... 17 SECTION 2.03.Making of Loans ......................... 19
Amount and Terms of Credit. 47
2.1. Commitments 47 2.2. Minimum Amount of Each Borrowing; Maximum Number of Borrowings 47 2.3. Notice of Borrowing 47 2.4. Disbursement of Funds 48 2.5. Repayment of Loans; Evidence of Debt 49 2.6. Continuations 49 2.7. Pro Rata Borrowings 50 2.8. Interest 50 2.9. Interest Periods 51 2.10. Increased Costs, Illegality, Etc 51 2.11. Compensation 53 2.12. Change of Lending Office 53 2.13. Notice of Certain Costs 54 2.14. Borrowing Base 54 2.15. Defaulting Lenders 58
