Amounts and Terms of the Advances and the Letters of Credit. SECTION 2.01. The Advances and the Letters of Credit. (a)
Amounts and Terms of the Advances and the Letters of Credit. SECTION 2.01. The Advances and the Letters of Credit. ............................................... 29 SECTION 2.02. Making the Advances. .................................................................. 31
Amounts and Terms of the Advances and the Letters of Credit. SECTION 2.01 The Advances and the Letters of Credit 40 SECTION 2.02 Making the Advances 42 SECTION 2.03 Issuance of and Drawings and Reimbursement Under Letters of Credit 45 SECTION 2.04 Repayment of Advances 47 SECTION 2.05 Termination or Reduction of the Revolving Credit Commitments 48 SECTION 2.06 Prepayments 49 SECTION 2.07 Interest 50 SECTION 2.08 Fees 51 SECTION 2.09 Conversion of Advances 52 SECTION 2.10 Increased Costs, Etc. 53 SECTION 2.11 Payments and Computations 55 SECTION 2.12 Taxes 56 SECTION 2.13 Sharing of Payments, Etc 59 SECTION 2.14 Use of Proceeds 60 SECTION 2.15 Defaulting Lenders 60 SECTION 2.16 Evidence of Debt 62 SECTION 2.17 Mitigation; Replacement of Lenders 63
Amounts and Terms of the Advances and the Letters of Credit. Section 2.01 The Advances and the Letters of Credit 31 Section 2.02 Making the Advances 32 Section 2.03 Issuance of and Drawings and Reimbursement Under Letters of Credit 36 Section 2.04 Repayment of Advances 38 Section 2.05 Termination or Reduction of the Commitments 39 Section 2.06 Prepayments 40 Section 2.07 Interest 41 Section 2.08 Fees 42 Section 2.09 Conversion of Advances 43 Section 2.10 Increased Costs, Etc. 43 Section 2.11 Payments and Computations 45 Section 2.12 Taxes 47 Section 2.13 Sharing of Payments, Etc. 51 Section 2.14 Use of Proceeds 51 Section 2.15 Evidence of Debt 51 Section 2.16 Extensions of Termination Date 52 Section 2.17 Increase in the Aggregate Commitments 53 Section 2.18 Defaulting Lenders 54 Section 2.19 Cash Collateral Account 56 Section 2.20 Replacement of Lenders 57 ARTICLE III CONDITIONS OF LENDING AND ISSUANCES OF LETTERS OF CREDIT Section 3.01 Conditions Precedent to Initial Extension of Credit 58 Section 3.02 Conditions Precedent to Each Borrowing, Issuance and Renewal, Extension and Increase 61 Section 3.03 Conditions Precedent to Each Competitive Bid Advance 63 Section 3.04 Determinations Under Sections 3.01, 3.02 and 3.03 63
Amounts and Terms of the Advances and the Letters of Credit. SECTION 2.01. The Advances and the Letters of Credit. (a) (i) The U.S. Revolving Credit Advances. Each Lender with a U.S. Dollar Revolving Credit Commitment severally agrees, on the terms and conditions hereinafter set forth, to make advances (each a “U.S.
Amounts and Terms of the Advances and the Letters of Credit. SECTION 2.01. The Advances and the Letters of Credit. (a) The -------------------------------------- --- Revolving Credit Advances. Each Lender severally agrees, on the terms and ------------------------- conditions hereinafter set forth, to make Revolving Credit Advances to the Borrower from time to time on any Business Day during the period from the Effective Date until the Termination Date in an aggregate amount not to exceed at any time outstanding the amount set forth opposite such Lender's name on the signature pages hereof or, if such Lender has become a Lender hereunder pursuant to an Assumption Agreement, the amount set forth as the Commitment of such Lender in such Assumption Agreement or, if such Lender has entered into any Assignment and Acceptance, set forth for such Lender in the Register maintained by the Paying Agent pursuant to Section 8.06(d), as such amount may be reduced pursuant to Section 2.04 (such Lender's "Commitment"), provided that (i) the ---------- -------- Facility Usage shall not exceed the aggregate amount of the Commitments of the Lenders and (ii) the aggregate amount of the Commitments of the Lenders shall be deemed used from time to time to the extent of the aggregate amount of the Competitive Bid Advances then outstanding and such deemed use of the aggregate amount of the Commitments shall be allocated among the Lenders ratably according to their respective Commitments (such deemed use of the aggregate amount of the Commitments being a "Competitive Bid Reduction"). The aggregate amount of each ------------------------- Lender's Advances outstanding at any time shall be adjusted to the extent necessary to give effect to the provisions for the adjustment of Advances set forth in Section 2.18. Each Revolving Credit Borrowing shall be in an aggregate minimum amount of $10,000,000 or any whole multiple of $1,000,000 in excess thereof and shall consist of Revolving Credit Advances of the same Type made on the same day by the Lenders ratably according to their respective Commitments. Within the limits of each Lender's Commitment, the Borrower may borrow under this Section 2.01(a), prepay pursuant to Section 2.09 and reborrow under this Section 2.01(a).
Amounts and Terms of the Advances and the Letters of Credit. SECTION 2.01. The Advances and the Letters of Credit. (a) The Revolving Credit Advances. Each Lender severally agrees, on the terms and conditions hereinafter set forth, to make advances (each a "REVOLVING CREDIT ADVANCE") to the Borrower from time to time on any Business Day during the period from the date hereof until the Termination Date in an amount for each such Advance not to exceed such Lender's Unused Revolving Credit Commitment at such time. Each Borrowing shall be in an aggregate amount of $5,000,000 or an integral multiple of $1,000,000 in excess thereof and shall consist of Revolving Credit Advances made simultaneously by the Lenders ratably according to their Revolving Credit Commitments. Within the limits of each Lender's Unused Revolving Credit Commitment in effect from time to time and prior to the Termination Date, the Borrower may borrow under this Section 2.01(a), prepay pursuant to Section 2.06(a) and reborrow under this Section 2.01(a).
Amounts and Terms of the Advances and the Letters of Credit. SECTION 2.01 The Advances and the Letters of Credit 3736
Amounts and Terms of the Advances and the Letters of Credit. SECTION 2.01. The Advances and the Letters of Credit. (a) The Revolving Credit Advances. Each Revolving Credit Lender severally agrees, on the terms and conditions hereinafter set forth, to make advances (each, a "REVOLVING CREDIT ADVANCE") to the Borrower from time to time on any
Amounts and Terms of the Advances and the Letters of Credit. Section 2.01 The Advances and the Letters of Credit........................................................32 Section 2.02 Making the Advances...........................................................................35 Section 2.03 Issuance of and Drawings and Reimbursement Under Letters of Credit............................38 Section 2.04 Repayment of Advances.........................................................................41 Section 2.05 Termination or Reduction of the Commitments...................................................43 Section 2.06 Prepayments...................................................................................43 Section 2.07 Interest......................................................................................46 Section 2.08 Fees..........................................................................................47 Section 2.09 Conversion and Continuation of Advances.......................................................48 Section 2.10 Increased Costs, Etc..........................................................................50 Section 2.11 Payments and Computations.....................................................................52 Section 2.12 Evidence of Debt..............................................................................56 Section 2.13 Taxes.........................................................................................56 Section 2.14 Sharing of Payments, Etc......................................................................59 Section 2.15 Use of Proceeds...............................................................................60 Section 2.16 Defaulting Lenders............................................................................60 Section 3.01 Conditions Precedent to Initial Extension of Credit...........................................62 Section 3.02 Conditions Precedent to Each Borrowing and Issuance and Renewal...............................66 Section 3.03 Determinations Under Section 3.01.............................................................67 Section 4.01 Representations and Warranties of the Borrower................................................67 Section 5.01
