Amount of Revolving Loans. Upon the satisfaction of the conditions precedent set forth in Sections 5.1 and 5.2, as applicable, from and including the Closing Date and prior to the Commitment Termination Date, each Lender severally and not jointly agrees, on the terms and conditions set forth in this Agreement, to make revolving loans to the Borrower from time to time, in Dollars, in an aggregate amount with respect to any such Loan not to exceed such Lender’s Revolving Loan Pro Rata Share of Revolving Credit Availability at such time (each individually, a “Revolving Loan” and, collectively, the “Revolving Loans”); provided, however, at no time shall the Revolving Credit Obligations exceed the Maximum Revolving Credit Amount. Subject to the terms of this Agreement, the Borrower may borrow, repay and reborrow Revolving Loans at any time prior to the Commitment Termination Date. The Revolving Loans made on the Closing Date or on or before the third (3rd) Business Day thereafter shall initially be Floating Rate Loans and thereafter may be continued as Floating Rate Loans or converted into Eurodollar Rate Loans in the manner provided in Section 2.10 and subject to the other conditions and limitations therein set forth and set forth in this Article II and set forth in the definition of Interest Period. Revolving Loans made after the third (3rd) Business Day after the Closing Date shall be, at the option of the Borrower, selected in accordance with Section 2.10, either Floating Rate Loans or Eurodollar Rate Loans. On the Commitment Termination Date, the Borrower shall repay in full the outstanding principal balance of the Revolving Loans. Each Advance under this Section 2.2 shall consist of Revolving Loans made by each Lender ratably in proportion to such Lender’s respective Revolving Loan Pro Rata Share.
Amount of Revolving Loans. Upon the satisfaction of the conditions precedent contained in Section 4.1, Section 4.1A, Section 4.3, and, with respect to any Non-U.S. Subsidiary Borrower (other than the German Borrower or the UK Borrower), Section 4.2, from and including the Revolving Loan Funding Date and prior to the Maturity Date (or, if earlier, the date of termination in whole of the Aggregate Revolving Loan Commitment pursuant to Section 2.7 hereof or the Commitments pursuant to Section 8.1 hereof), each Revolving Loan Lender severally agrees, on the terms and conditions set forth in this Agreement, to make revolving loans to the applicable Borrower from time to time in Agreed Currencies in an aggregate Dollar Amount with respect to any such Loan not to exceed such Lender’s Revolving Loan Percentage of Revolving Credit Availability, or, if less, such Lender’s Revolving Loan Commitment, at such time (each individually, a “Revolving Loan” and, collectively, the “Revolving Loans”); provided, however, that (i) at no time shall the Revolving Credit Obligations exceed the Aggregate Revolving Loan Commitment, (ii) upon giving effect to each Revolving Loan, the aggregate outstanding principal Dollar Amount of all Eurocurrency Advances and Facility LCs in Agreed Currencies other than Dollars shall not exceed the Maximum Foreign Currency Amount and (iii) upon giving effect to each Revolving Loan, the aggregate outstanding principal Dollar Amount of all Revolving Loans and Facility LCs made to or issued for the account of the Non-U.S. Subsidiary Borrowers shall not exceed the Maximum Non-U.S.
Amount of Revolving Loans. All Revolving Loans shall be made by the Lenders simultaneously in proportion to their respective Revolving Loan Commitments, it being understood that no Lender shall be responsible for any default by any other Lender in such other Lender's obligation to make a Revolving Loan hereunder nor shall any Revolving Loan Commitment of any Lender be increased or decreased as a result of a default by any other Lender in such other Lender's obligation to make a Revolving Loan hereunder.
Amount of Revolving Loans. Upon the satisfaction of the applicable conditions precedent set forth in Article V, from and including the Closing Date and prior to the Revolving Loan Termination Date, each Lender severally and not jointly agrees, on the terms and conditions set forth in this Agreement, to make revolving loans to the Borrower from time to time, in a Dollar Amount not to exceed such Lender's Revolving Loan Pro Rata Share of Revolving Credit Availability at such time (each individually, a "Revolving Loan" and, collectively, the "Revolving Loans"); provided, however, at no time shall the Revolving Credit Obligations exceed the Dollar Amount of the Aggregate Revolving Loan Commitment. Subject to the terms of this Agreement, the Borrower may borrow, repay and reborrow Revolving Loans at any time prior to the Termination Date. Revolving Loans made after the third (3rd) Business Day after the Closing Date shall be, at the option of the Borrower, selected in accordance with Section 2.9, as either Floating Rate Loans or Eurocurrency Rate Loans. On the Termination Date, the Borrower shall repay in full the outstanding principal balance of the Revolving Loans. Each Advance under this Section 2.2 shall consist of Revolving Loans made by each Lender ratably in proportion to such Lender's respective Revolving Loan Pro Rata Share.
Amount of Revolving Loans. Upon the satisfaction of the conditions precedent set forth in Sections 5.1, 5.2 and 5.3, as applicable, from and including the Closing Date and prior to the Termination Date, each Lender severally and not jointly agrees, on the terms and
Amount of Revolving Loans. Upon the satisfaction of the conditions precedent set forth in Sections 5.1, 5.2 and 5.3, as applicable, from and including the Closing Date and prior to the Termination Date, each Lender severally and not jointly agrees, on the terms and conditions set forth in this Agreement, to make revolving loans to SDM from time to time, in any Agreed Currency, in a Dollar Amount not to exceed such Lender's Revolving Loan Pro Rata Share of Revolving Credit Availability at such time (each individually, a "REVOLVING LOAN" and, collectively, the "REVOLVING LOANS"); provided, however, at no time shall the Revolving Credit Obligations exceed the Dollar
Amount of Revolving Loans. The commitment fee shall accrue at all times during the Availability Period (or until the Obligations have been repaid in full), including at any time during which one or more of the conditions in Article V is not met, and shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with the first such date to occur after the Closing Date, and on the last day of the Availability Period. The commitment fee shall be calculated quarterly in arrears.
Amount of Revolving Loans. Subject to the terms and conditions hereof, Lender agrees to make available to Borrower a line of credit pursuant to which Lender will make loans to Borrower on a revolving loan basis (the "Revolving Loans") from time to time during the term of this Agreement in an aggregate principal amount at any one time outstanding not to exceed $7,500,000 (the "Revolving Line of Credit"); provided, that on the date of the making of any Revolving Loans, and after giving effect to the making of such Revolving Loans, the aggregate outstanding principal amount of Revolving Loans on such date) shall not exceed the Revolving Credit Limit on such date. During the term of this Agreement, Borrower may use the Revolving Line of Credit by requesting Lender to make Revolving Loans, repaying Revolving Loans and reborrowing, all in accordance with and subject to the terms and conditions hereof. The Revolving Loans shall be payable (i) on January 22, 1999, or (ii) at such other time as is provided in Article 4 or 11 hereof or elsewhere in this Agreement, whichever of (i) or (ii) shall first occur (the "Revolving Credit Termination Date").
Amount of Revolving Loans. Prior to the Initial Funding Date, certain revolving loans were previously made to the Borrower under the Existing Credit Agreement which remain outstanding as of the date hereof and additional revolving loans may be made thereunder prior to the Initial Funding Date and, subject to the terms and conditions hereof, the parties hereto acknowledge and agree that, on the Initial Funding Date, the terms of all outstanding revolving loans made pursuant to the Existing Credit Agreement will be restated in their entirety by, and shall be re-evidenced as Revolving Loans under, this Agreement. Upon the satisfaction of the conditions precedent contained in Section 4.1, Section 4.3, and, with respect to the Non-U.S. Subsidiary Borrowers, Section 4.2, from and including the Initial Funding Date and prior to the Revolving Loan Termination Date (or, if earlier, the date of termination in whole of the Aggregate Revolving Loan Commitment pursuant to Section 2.7 hereof or the Commitments
Amount of Revolving Loans. Subject to the terms and conditions set forth in this Agreement specifically including Sections 2.02(a)(ii) and (iii), each Lender, severally and not jointly, will make Revolving Loans to the Borrowers in aggregate amounts outstanding at any time equal to such Lender’s Revolving Commitment Percentage of the lesser of (x) the Maximum Revolving Loan Amount, less the outstanding amount of Swing Line Loans, less the aggregate Maximum Undrawn Amount of all outstanding Letters of Credit or (y) an amount equal to the sum of:
