Amount and Availment Options. (a) Subject to the terms and conditions of this Agreement, the Lenders shall provide, severally (not jointly and not jointly and severally), a credit (the "Credit") for the use of the Borrower in the aggregate amount of up to the Maximum Available Amount. Each Lender's obligation shall be limited to its respective Applicable Percentage of the Credit.
Appears in 4 contracts
Samples: Credit Agreement (Hudbay Minerals Inc.), Credit Agreement (Hudbay Minerals Inc.), Credit Agreement (HudBay Minerals Inc.)
Amount and Availment Options. (a) Subject to the terms and conditions of this AgreementAgreement (including, without limitation, Section 2.7), the Lenders shall provide, severally (not jointly and not jointly and severally), a credit (the "“Credit"”) for the use of the Borrower in the aggregate amount of up to the Maximum Available AmountCredit Limit. Each Lender's ’s obligation shall be limited to its respective Applicable Percentage of the Credit.
Appears in 1 contract
Samples: Credit Agreement (Vox Royalty Corp.)
Amount and Availment Options. (a1) Subject to the terms and conditions of this Agreement, the Lenders shall provide, severally (not jointly and not jointly and severally), a credit (the "“Credit"”) for the use of the Borrower in the aggregate amount of up to the Maximum Available AmountUS $140,000,000. Each Lender's ’s obligation shall be limited to its respective Applicable Percentage of the Credit.
Appears in 1 contract
Samples: Credit Agreement (Iamgold Corp)