Common use of Amount and Terms of the Facilities Clause in Contracts

Amount and Terms of the Facilities. 2.1. Amount and Terms of the U.S. Commitments. (a) U.S. Commitments. (i) Subject to the terms and conditions hereof, each U.S. Lender severally agrees to make revolving credit loans in Dollars ( "U.S. Revolving Credit Loans") to the Borrower from time to time during the Commitment Period so long as after giving effect thereto (x) the Available U.S. Commitment of each U.S. Lender is greater than or equal to zero and (y) the Aggregate Total Outstandings of all Lenders do not exceed the Aggregate U.S. Commitments. During the Commitment Period the Borrower may use the U.S. Commitments by borrowing, prepaying the U.S. Revolving Credit Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof.

Appears in 2 contracts

Samples: Delphi Corp, Delphi Corp

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Amount and Terms of the Facilities. 2.1. Amount and Terms of the U.S. Commitments. (a) U.S. Commitments. (i) Subject to the terms and conditions hereof, each U.S. Lender severally agrees to make revolving credit loans in Dollars ( ("U.S. Revolving Credit Loans") to the Borrower from time to time during the Commitment Period so long as after giving effect thereto (x) the Available U.S. Commitment of each U.S. Lender is greater than or equal to zero and (y) the Aggregate Total Outstandings of all Lenders do not exceed the Aggregate U.S. Commitments. During the Commitment Period the Borrower may use the U.S. Commitments by borrowing, prepaying the U.S. Revolving Credit Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof.

Appears in 1 contract

Samples: Delphi Corp

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Amount and Terms of the Facilities. 2.1. Amount and Terms of the U.S. Commitments. (a) U.S. Commitments. (i) Subject to the terms and conditions hereof, each U.S. Lender severally agrees to make revolving credit loans in Dollars ( ("U.S. Revolving Credit Loans") to the Borrower from time to time during the Commitment Period so long as after giving effect thereto (x) the Available U.S. Commitment of each U.S. Lender is greater than or equal to zero and (y) the Aggregate Total Outstandings of all Lenders do not exceed the Aggregate U.S. Commitments. During the Commitment Period the Borrower may use the U.S. Commitments by borrowing, prepaying the U.S. Revolving Credit Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof.

Appears in 1 contract

Samples: Delphi Automotive Systems Corp

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