Commitments and Credit Extensions Sample Clauses
The 'Commitments and Credit Extensions' clause defines the lender's obligation to provide funds or credit to the borrower under the terms of the agreement. It typically outlines the maximum amount available, the conditions under which advances or loans may be requested, and any limitations or requirements for disbursement. This clause ensures both parties understand the scope and process for accessing credit, thereby providing clarity and predictability in the lending relationship.
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Commitments and Credit Extensions. 01Loans. Subject to the terms and conditions set forth herein, the Lender agrees to make loans (each such loan, a “Revolving Loan”) to the Borrowers, 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 the Revolving Commitment; provided, however, that after giving effect to any Revolving Borrowing, (i) the Total Revolving Outstandings shall not exceed the Revolving Commitment, (ii) the aggregate Outstanding Amount of all Loans made to the Netherlands Borrower shall not exceed the Netherlands Borrower Sublimit, and (iii) the aggregate Outstanding Amount of all Loans denominated in Alternative Currencies shall not exceed the Alternative Currency Sublimit. Within the limits of the Revolving Commitment, and subject to the other terms and conditions hereof, the Borrowers may borrow Revolving Loans, prepay under Section 2.05, and reborrow under this Section 2.01. Revolving Loans may be Base Rate Loans, Term SOFR Loans, Alternative Currency Daily Rate Loans or Alternative Currency Term Rate Loans, as further provided herein; provided, however, any Revolving Borrowings made on the Closing Date or any of the three (3) Business Days following the Closing Date shall be made as Base Rate Loans unless the Company delivers a funding indemnity letter not less than three (3) Business Days prior to the date of such Revolving Borrowing.
Commitments and Credit Extensions. 33 Loans ......................................................................................................................33 Borrowings, Conversions and Continuations of Loans .........................................33
Commitments and Credit Extensions. 2.01Loans.
Commitments and Credit Extensions. 2.01 Loans 2.02 Borrowings, Conversions and Continuations of Loans
Commitments and Credit Extensions. 2.01 The Loans
Commitments and Credit Extensions. 2.01 Loans 4959
Commitments and Credit Extensions. 24 2.01 Commitments................................................................. 24 2.02 Borrowings, Conversions and Continuations................................... 26 2.03 Additional Provisions with respect to Letters of Credit..................... 27 2.04 Additional Provisions with respect to Swing Line Loans...................... 32 2.05
Commitments and Credit Extensions. 24 2.01 Commitments. 24 2.02 Borrowings, Conversions and Continuations. 25 2.03 Additional Provisions with respect to Letters of Credit. 26 2.04 Additional Provisions with respect to Swingline Loans. 32 2.05 Repayment of Loans. 34 2.06 Prepayments. 34 2.07 Termination or Reduction of Revolving Commitments. 35 2.08 Interest. 36 2.09 Fees. 36
Commitments and Credit Extensions. 168 - Section 2.01 Revolving Loans; Reserves- 168 -
Commitments and Credit Extensions. 39 Section 2.01 Revolving Loans.......................................... 39 Section 2.02 Letters of Credit........................................ 41 Section 2.03 Tranche B Term Loans..................................... 47 Section 2.04 [INTENTIONALLY OMITTED.]................................. 50 Section 2.05 Swingline Loans.......................................... 50