Amount and Terms of Credit Sample Clauses

Amount and Terms of Credit. 1 1.01 Commitments . . . . . . . . . . . . . . . . . . . . . . . . . . 1 1.02 Notice of Borrowing . . . . . . . . . . . . . . . . . . . . . . 5 1.03 Disbursement of Funds . . . . . . . . . . . . . . . . . . . . . 6 1.04 Notes; Register . . . . . . . . . . . . . . . . . . . . . . . . 7 1.05 Conversions . . . . . . . . . . . . . . . . . . . . . . . . . . 8 1.06 Pro Rata Borrowings . . . . . . . . . . . . . . . . . . . . . . 8 1.07 Interest. . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 1.08 Interest Periods. . . . . . . . . . . . . . . . . . . . . . . . 10 1.09 Increased Costs, Illegality, etc. . . . . . . . . . . . . . . . 11 1.10 Compensation. . . . . . . . . . . . . . . . . . . . . . . . . . 14 1.11 Change of Lending Office. . . . . . . . . . . . . . . . . . . . 15 1.12 Replacement of Banks. . . . . . . . . . . . . . . . . . . . . . 15 SECTION 2. Letters of Credit. . . . . . . . . . . . . . . . . . . . . . . 16 2.01 Letters of Credit . . . . . . . . . . . . . . . . . . . . . . . 16 2.02 Existing Letters of Credit. . . . . . . . . . . . . . . . . . . 17 2.03 Letter of Credit Requests; Notices of Issuance. . . . . . . . . 17 2.04 Agreement to Repay Letter of Credit Drawings. . . . . . . . . . 17 2.05 Letter of Credit Participations . . . . . . . . . . . . . . . . 18 2.06 Increased Costs . . . . . . . . . . . . . . . . . . . . . . . . 20
Amount and Terms of Credit. 1.1 Credit Facilities
Amount and Terms of Credit. 1.1 Credit Facilities.
Amount and Terms of Credit. 2.1 The Commitments
Amount and Terms of Credit. .. 28 Section 2.1. Amount and Nature of Credit................................................................... 29 Section 2.2. US Revolving Credit........................................................................... 30 Section 2.3. Canadian Revolving Loans...................................................................... 34 Section 2.4. Interest...................................................................................... 36 Section 2.5. Evidence of Indebtedness...................................................................... 39 Section 2.6. Notice of Credit Event; Funding of Loans...................................................... 40 Section 2.7. Payment on Loans and Other Obligations........................................................ 42 Section 2.8. Prepayment.................................................................................... 44 Section 2.9. Facility and Other Fees; Reduction of Commitment.............................................. 45 Section 2.10. Computation of Interest and Fees............................................................. 47 Section 2.11. Mandatory Payment............................................................................ 47
Amount and Terms of Credit. SECTION 2.1 AMOUNT AND NATURE OF CREDIT. Subject to the terms and conditions of this Agreement, each Lender will, to the extent hereinafter provided, make Loans to Borrowers, and participate in Letters of Credit issued at the request of Borrowers, in such aggregate amount as Borrowers shall request pursuant to the Commitment; provided, however, that in no event shall the aggregate principal amount of all Loans and Letter of Credit Exposure outstanding under this Agreement be in excess of the Total Commitment Amount. Each Lender, for itself and not for any other Lender, agrees to make Loans and to participate in Letters of Credit issued hereunder during the Commitment Period on such basis that (a) immediately after the completion of any borrowing by Borrowers or issuance of a Letter of Credit hereunder, the aggregate principal amount then outstanding on the Loans held by such Lender, when combined with such Lender’s Pro Rata Share of the Letter of Credit Exposure, shall not be in excess of the Maximum Amount for such Lender, (b) the aggregate principal amount outstanding of all outstanding Revolving Loans held such Lender shall represent that percentage of the aggregate principal amount then outstanding on all Revolving Loans (including the Revolving Loans held by such Lender) which is not in excess of such Lender’s Applicable Commitment Percentage with respect thereto; and (c) such aggregate principal amount outstanding on the Loans held such Lender shall represent that percentage of the aggregate principal amount then outstanding on all Loans (including the Loans held by such Lender) that is not in excess of such Lender’s Aggregate Commitment Percentage. Each borrowing from the Lenders hereunder shall be made on a Pro Rata Basis according to the Lenders’ respective Applicable Commitment Percentages. The Loans may be made as Revolving Loans and Letters of Credit may be issued, as follows:
Amount and Terms of Credit. 1.01 THE COMMITMENTS. (a) Subject to and upon the terms and conditions set forth herein, each Lender with an A Term Loan Commitment severally agrees to make a term loan or term loans (each, an "A Term Loan" and, collectively, the "A Term Loans") to the Borrower, which A Term Loans (i) shall be incurred pursuant to a single drawing on the Initial Borrowing Date, (ii) shall be denominated in Dollars, (iii) except as hereinafter provided, shall, at the option of the Borrower, be incurred and maintained as, and/or converted into, Base Rate Loans or Eurodollar Loans, provided that (A) except as otherwise specifically provided in Section 1.10(b), all A Term Loans comprising the same Borrowing shall at all times be of the same Type, and (B) unless either the Administrative Agent otherwise agrees in its sole discretion or has determined that the Syndication Date has occurred (at which time this clause (B) shall no longer be applicable), prior to the 90th day following the Initial Borrowing Date, A Term Loans may only be incurred and maintained as, and/or converted into, Eurodollar Loans so long as all such outstanding Eurodollar Loans, together with all outstanding B Term Loans and Revolving Loans that are maintained as Eurodollar Loans, are subject to an Interest Period of one month which begins and ends on the same day, and (iv) shall be made by each such Lender in that aggregate principal amount which does not exceed the A Term Loan Commitment of such Lender on the Initial Borrowing Date (before giving effect to the termination thereof pursuant to Section 3.03(b)). Once repaid, A Term Loans incurred hereunder may not be reborrowed.