Common use of Adjustment of Revolving Credit Loans Clause in Contracts

Adjustment of Revolving Credit Loans. To the extent the Commitments being increased on the relevant Increase Effective Date are (i) Commitments in respect of Incremental U.S. Revolving Loans, then each U.S. Revolving Credit Lender that is acquiring such a Commitment on the Increase Effective Date shall make a U.S. Revolving Credit Loan, the proceeds of which will be used to prepay the U.S. Revolving Credit Loans of the other U.S. Revolving Credit Lenders immediately prior to such Increase Effective Date, so that, after giving effect thereto, the U.S. Revolving Credit Loans outstanding are held by the U.S. Revolving Credit Lenders pro rata based on their U.S. Revolving Credit Commitments after giving effect to such Commitments and (ii) Commitments in respect of Incremental Hong Kong Revolving Loans, then each Hong Kong Revolving Credit Lender that is acquiring such a Commitment on the Increase Effective Date shall make a Hong Kong Revolving Credit Loan, the proceeds of which will be used to prepay the Hong Kong Revolving Credit Loans of the other Hong Kong Revolving Credit Lenders immediately prior to such Increase Effective Date, so that, after giving effect thereto, the Hong Kong Revolving Credit Loans outstanding are held by the Hong Kong Revolving Credit Lenders pro rata based on their Hong Kong Revolving Credit Commitments after giving effect to such Commitments. If there is (x) a new borrowing of U.S. Revolving Credit Loans on any Increase Effective Date in respect thereof, the U.S. Revolving Credit Lenders after giving effect to such Incremental U.S. Revolving Credit Facility shall make such U.S. Revolving Credit Loans in accordance with Section 2.01(b) and (y) a new borrowing of Hong Kong Revolving Credit Loans on any Increase Effective Date in respect thereof, the Hong Kong Revolving Credit Lenders after giving effect to such Incremental Hong Kong Revolving Credit Facility shall make such Hong Kong Revolving Credit Loans in accordance with Section 2.01(b).

Adjustment of Revolving Credit Loans. To the extent the Commitments being increased on the relevant Increase Effective Date are (i) Commitments in respect of Incremental U.S. Revolving LoansCommitments, then each U.S. Revolving Credit Lender that is acquiring such a an Incremental U.S. Revolving Commitment on the Increase Effective Date shall make a U.S. Revolving Credit Loan, the proceeds of which will be used to prepay the U.S. Revolving Credit Loans of the other U.S. Revolving Credit Lenders immediately prior to such Increase Effective Date, so that, after giving effect thereto, the U.S. Revolving Credit Loans outstanding are held by the U.S. Revolving Credit Lenders pro rata based on their U.S. Revolving Credit Commitments after giving effect to such Incremental U.S. Revolving Commitments. If there is a new borrowing of U.S. Revolving Credit Loans on such Increase Effective Date, the U.S. Revolving Credit Lenders after giving effect to such Incremental U.S. Revolving Commitments and (ii) shall make such U.S. Revolving Credit Loans in accordance with Section 2.01(a). To the extent the Commitments in respect of being increased on the relevant Increase Effective Date are Incremental Hong Kong Alternative Revolving LoansCommitments, then each Hong Kong Alternative Revolving Credit Lender that is acquiring such a an Incremental Alternative Revolving Commitment on the Increase Effective Date shall make a Hong Kong an Alternative Revolving Credit Loan, the proceeds of which will be used to prepay the Hong Kong Alternative Revolving Credit Loans of the other Hong Kong Alternative Revolving Credit Lenders immediately prior to such Increase Effective Date, so that, after giving effect thereto, the Hong Kong Alternative Revolving Credit Loans outstanding are held by the Hong Kong Alternative Revolving Credit Lenders pro rata based on their Hong Kong Alternative Revolving Credit Commitments after giving effect to such Incremental Alternative Revolving Commitments. If there is (x) a new borrowing of U.S. Alternative Revolving Credit Loans on any such Increase Effective Date in respect thereofDate, the U.S. Alternative Revolving Credit Lenders after giving effect to such Incremental U.S. Alternative Revolving Credit Facility Commitments shall make such U.S. Revolving Credit Loans in accordance with Section 2.01(b) and (y) a new borrowing of Hong Kong Revolving Credit Loans on any Increase Effective Date in respect thereof, the Hong Kong Revolving Credit Lenders after giving effect to such Incremental Hong Kong Revolving Credit Facility shall make such Hong Kong Alternative Revolving Credit Loans in accordance with Section 2.01(b).

Adjustment of Revolving Credit Loans. To the extent the Commitments being increased on the relevant Increase Effective Date are (i) Commitments in respect of Incremental U.S. Revolving LoansCommitments, then each U.S. Revolving Credit Lender that is acquiring such a an Incremental Revolving Commitment on the Increase Effective Date shall (i) make a U.S. Revolving Credit Loan, the proceeds of which will be used to prepay the U.S. Revolving Credit Loans of the other U.S. Revolving Credit Lenders immediately prior to such Increase Effective Date, so that, after giving effect thereto, the U.S. Revolving Credit Loans outstanding are held by the U.S. Revolving Credit Lenders pro rata based on their U.S. Revolving Credit Commitments after giving effect to such Commitments Increase Effective Date and (ii) Commitments automatically and without further act be deemed to have assumed a portion of the other Revolving Credit Lenders’ participations hereunder in respect outstanding Letters of Incremental Hong Kong Credit and Swing Loans such that, after giving effect to each such deemed assignment and assumption of participations, the aggregate outstanding participations hereunder in Letters of Credit and participations hereunder in Swing Loans held by each Revolving Loans, then Credit Lender (including each Hong Kong such Revolving Credit Lender that is acquiring such a an Incremental Revolving Commitment on the Increase Effective Date shall make a Hong Kong Revolving Credit Loan, the proceeds of which Date) will be used to prepay the Hong Kong Revolving Credit Loans of the other Hong Kong Revolving Credit Lenders immediately prior to such Increase Effective Date, so that, after giving effect thereto, the Hong Kong Revolving Credit Loans outstanding are held by the Hong Kong Revolving Credit Lenders pro rata based on their Hong Kong Revolving Credit Commitments after giving effect to such CommitmentsIncrease Effective Date. If there is (x) a new borrowing of U.S. Revolving Credit Loans on any such Increase Effective Date in respect thereofDate, the U.S. Revolving Credit Lenders after giving effect to such Incremental U.S. Revolving Credit Facility Increase Effective Date shall make such U.S. Revolving Credit Loans in accordance with Section 2.01(b2.5(a) and (y) a new borrowing of Hong Kong [Making Revolving Credit Loans on any Increase Effective Date in respect thereof, the Hong Kong Revolving Credit Lenders after giving effect to such Incremental Hong Kong Revolving Credit Facility shall make such Hong Kong Revolving Credit Loans in accordance with Section 2.01(b)Loans].

Adjustment of Revolving Credit Loans. To the extent the Commitments being increased on the relevant Increase Effective Date are (i) Commitments in respect of Incremental U.S. Revolving LoansCommitments, then each U.S. Revolving Credit Lender that is acquiring such a an Incremental U.S. Revolving Commitment on the Increase Effective Date shall make a U.S. Revolving Credit Loan, the proceeds of which will be used to prepay the U.S. Revolving Credit Loans of the other U.S. Revolving Credit Lenders immediately prior to such Increase Effective Date, so that, after giving effect thereto, the U.S. Revolving Credit Loans outstanding are held by the U.S. Revolving Credit Lenders pro rata based on their U.S. Revolving Credit Commitments after giving effect to such Incremental U.S. Revolving Commitments. If there is a new borrowing of U.S. Revolving Credit Loans on such Increase Effective Date, the U.S. Revolving Credit Lenders after giving effect to such Incremental U.S. Revolving Commitments and (ii) shall make such U.S. Revolving Credit Loans in accordance with Section 2.01(c). To the extent the Commitments in respect of being increased on the relevant Increase Effective Date are Incremental Hong Kong Alternative Revolving LoansCommitments, then each Hong Kong Alternative Revolving Credit Lender that is acquiring such a an Incremental Alternative Revolving Commitment on the Increase Effective Date shall make a Hong Kong an Alternative Revolving Credit Loan, the proceeds of which will be used to prepay the Hong Kong Alternative Revolving Credit Loans of the other Hong Kong Alternative Revolving Credit Lenders immediately prior to such Increase Effective Date, so that, after giving effect thereto, the Hong Kong Alternative Revolving Credit Loans outstanding are held by the Hong Kong Alternative Revolving Credit Lenders pro rata based on their Hong Kong Alternative Revolving Credit Commitments after giving effect to such Incremental Alternative Revolving Commitments. If there is (x) a new borrowing of U.S. Alternative Revolving Credit Loans on any such Increase Effective Date in respect thereofDate, the U.S. Alternative Revolving Credit Lenders after giving effect to such Incremental U.S. Alternative Revolving Credit Facility Commitments shall make such U.S. Alternative Revolving Credit Loans in accordance with Section 2.01(b) and (y) a new borrowing of Hong Kong Revolving Credit Loans on any Increase Effective Date in respect thereof, the Hong Kong Revolving Credit Lenders after giving effect to such Incremental Hong Kong Revolving Credit Facility shall make such Hong Kong Revolving Credit Loans in accordance with Section 2.01(b2.01(d).