Common use of Commitment to Lend Clause in Contracts

Commitment to Lend. Subject to the terms and conditions set forth in this Credit Agreement, each of the Revolving Credit Lenders severally, but not jointly, agrees to lend to the Borrowers, and the Borrowers may borrow, repay, and reborrow from time to time from the Closing Date to the Revolving Credit Maturity Date, upon notice by the Borrowers to the Administrative Agent given in accordance with 2.5, such sums as are requested by the Borrowers up to a maximum aggregate amount outstanding (after giving effect to all amounts requested) at any one time equal to such Revolving Credit Lender's Commitment minus such Revolving Credit Lender's Commitment Percentage of the sum of the Maximum Drawing Amount and all Unpaid Reimbursement Obligations, provided that the sum of the outstanding amount of the Revolving Credit Loans plus the outstanding amount of the Swing Line Loans plus the Maximum Drawing Amount and all Unpaid Reimbursement Obligations shall not at any time exceed the Total Revolving Credit Commitment at such time. The Revolving Credit Loans shall be made pro rata in accordance with each Revolving Credit Lender's Commitment Percentage. Each request for a Loan hereunder shall constitute a representation and warranty by the Borrowers that the conditions set forth in 10 and 11, as the case may be, have been satisfied on the date of such request.

Commitment to Lend. Subject to the terms and conditions set forth in this Credit Agreement, each of the Revolving Credit Lenders severally, but not jointly, agrees to lend to the Borrowers, and the Borrowers may borrow, repay, and reborrow from time to time from the Closing Date to the Revolving Credit Maturity Date, upon notice by the Borrowers to the Administrative Agent given in accordance with s. 2.5, such sums as are requested by the Borrowers up to a maximum aggregate amount outstanding (after giving effect to all amounts requested) at any one time equal to such Revolving Credit Lender's Commitment minus such Revolving Credit Lender's Commitment Percentage of the sum of the Maximum Drawing Amount and all Unpaid Reimbursement Obligations, provided that the sum of the outstanding amount of the Revolving Credit Loans plus the outstanding amount of the Swing Line Loans plus the Maximum Drawing Amount and all Unpaid Reimbursement Obligations shall not at any time exceed the Total Revolving Credit Commitment at such time. The Revolving Credit Loans shall be made pro rata in accordance with each Revolving Credit Lender's Commitment Percentage. Each request for a Loan hereunder shall constitute a representation and warranty by the Borrowers that the conditions set forth in s. 10 and s. 11, as the case may be, have been satisfied on the date of such request.

Commitment to Lend. Subject to the terms and conditions set forth in this Credit Agreement, each of the Revolving Credit Lenders severally, but not jointly, Banks severally agrees to lend to the Borrowers, Borrower and the Borrowers Borrower may borrow, repay, and reborrow from time to time from the Closing Date up to but not including the Revolving Credit Loan Maturity Date, Date upon notice by the Borrowers Borrower to the Administrative Agent given in accordance with 2.5ss.2.6, such sums sums, in Dollars or at the Borrower's option from time to time, subject to ss.2.9, in an Optional Currency, as are requested by the Borrowers Borrower up to a maximum aggregate amount outstanding (after giving effect to all amounts requested) at any one time equal to such Revolving Credit LenderBank's Commitment minus such Revolving Credit LenderBank's Commitment Percentage of the sum of the Maximum Drawing Amount and all Unpaid Reimbursement Obligations, provided that the Dollar Equivalent the sum of the outstanding amount of the Revolving Credit Loans plus the outstanding amount of the Swing Line Loans (after giving effect to all amounts requested) plus the Maximum Drawing Amount and all Unpaid Reimbursement Obligations shall not at any time exceed the Total Revolving Credit Commitment at such timeCommitment. The Revolving Credit Loans shall be made pro rata in accordance with each Revolving Credit LenderBank's Commitment Percentage. Each request for a Revolving Credit Loan hereunder shall constitute a representation and warranty by the Borrowers Borrower that the conditions set forth in 10 ss.12 and 11ss.13, as in the case may beof the initial Revolving Credit Loans to be made on the Closing Date, and ss.13, in the case of all other Revolving Credit Loans, have been satisfied on the date of such request.. Each Prime Rate Loan shall be denominated in Dollars, and each Eurocurrency Rate Loan shall be denominated in Dollars, or subject to ss.2.9

Commitment to Lend. Subject to the terms and conditions set forth in this Credit Agreement, each of the Revolving Credit Lenders severally, but not jointly, agrees to lend to the Borrowers, and the Borrowers may borrow, repay, and reborrow from time to time from the Closing Date to the Revolving Credit Maturity Date, upon notice by the Borrowers to the Administrative Agent given in accordance with §2.5, such sums as are requested by the Borrowers up to a maximum aggregate amount outstanding (after giving effect to all amounts requested) at any one time equal to such Revolving Credit Lender's ’s Commitment minus such Revolving Credit Lender's ’s Commitment Percentage of the sum of the Maximum Drawing Amount and all Unpaid Reimbursement Obligations, provided that the sum of the outstanding amount of the Revolving Credit Loans plus the outstanding amount of the Swing Line Loans plus the Maximum Drawing Amount and all Unpaid Reimbursement Obligations shall not at any time exceed the Total Revolving Credit Commitment at such time. The Revolving Credit Loans shall be made pro rata in accordance with each Revolving Credit Lender's ’s Commitment Percentage. Each request for a Loan hereunder shall constitute a representation and warranty by the Borrowers that the conditions set forth in 10 §9 and 11§10, as the case may be, have been satisfied on the date of such request.

Commitment to Lend. Subject to the terms and conditions set forth in ---------- -- ---- this Credit AgreementAgreement (including, but not limited to those requirements set forth in (S)2.6 below), each of the Revolving Credit Lenders severally, but not jointly, Banks severally agrees to lend to the Borrowers, Borrower and the Borrowers Borrower may borrow, repay, and reborrow from time to time from between the Closing Date to and the Revolving Credit Loan Maturity Date, Date upon notice by the Borrowers Borrower to the Administrative Agent given in accordance with 2.5(S)2.6, such sums as are requested by the Borrowers Borrower up to a maximum aggregate amount outstanding (after giving effect to all amounts requested) at any one time equal to such Revolving Credit LenderBank's Revolver Commitment minus such Revolving Credit LenderBank's Revolver Commitment ----- Percentage of the sum of the Maximum Drawing Amount and all Unpaid Reimbursement Obligations, provided that the sum of the outstanding amount of the Revolving Credit Loans plus the outstanding amount of the Swing Line Loans (after giving effect to all amounts requested) plus the Maximum Drawing Amount and all Unpaid Reimbursement Obligations shall not at any time exceed the Total Revolving Credit Commitment at such timeRevolver Commitment. The Revolving Credit Loans shall be made pro rata in accordance with each Revolving Credit LenderBank's Revolver Commitment Percentage. Each request for a Revolving Credit Loan hereunder shall constitute a representation and warranty by the Borrowers Borrower that the conditions set forth in 10 (S)11 and 11(S)12, as in the case may beof the initial Revolving Credit Loans to be made on the Closing Date, and (S)12, in the case of all other Revolving Credit Loans, have been satisfied on the date of such request.

Commitment to Lend. Subject to the terms and conditions set forth in this Credit Agreement, each of the Revolving Credit Lenders severally, but not jointly, severally agrees to lend to the Borrowers, Borrowers and the Borrowers may borrow, repay, and reborrow from time to time from the Closing Date up to but not including the Revolving Credit Loan Maturity Date, Date upon notice by the Borrowers to the Administrative Agent given in accordance with 2.5Section 2.7, such sums as are requested by the Borrowers up to a maximum aggregate amount outstanding (after giving effect to all amounts requested) at any one time equal to such Revolving Credit Lender's Revolving Credit Commitment minus MINUS such Revolving Credit Lender's Revolving Credit Commitment Percentage of the sum of the Maximum Drawing Amount and all Unpaid Reimbursement Obligations, provided PROVIDED that the sum of the outstanding amount of the Revolving Credit Loans plus (after giving effect to all amounts requested) PLUS the outstanding amount of the Swing Line Loans plus (after giving effect to all amounts requested) PLUS the Maximum Drawing Amount and all Unpaid Reimbursement Obligations shall not at any time exceed the Total Revolving Credit Commitment at such time. The Revolving Credit Loans shall be made pro rata PRO RATA in accordance with each Revolving Credit Lender's Revolving Credit Commitment Percentage. Each request for a Revolving Credit Loan hereunder shall constitute a representation and warranty by the Borrowers that the conditions set forth in 10 Section 11 and 11Section 12, as in the case may beof the initial Revolving Credit Loans to be made on the Closing Date, and Section 12, in the case of all other Revolving Credit Loans, have been satisfied on the date of such request.

Commitment to Lend. Subject to the terms and conditions set forth in this Credit Agreement, each of the Revolving Credit Lenders severally, but not jointly, severally agrees to lend to the Borrowers, and the Borrowers on a joint and several basis may borrow, repay, and reborrow from time to time from the Closing Date up to but not including the Revolving Credit Maturity Date, Date upon notice by the Borrowers Borrowers' Representative to the Administrative Agent given in accordance with 2.5ss.2.9, such sums as are requested by the Borrowers Borrowers' Representative up to a maximum aggregate amount outstanding (after giving effect to all amounts requested) at any one time equal to such Revolving Credit Lender's Commitment minus MINUS such Revolving Credit Lender's Commitment Percentage of the sum of the Maximum Drawing Amount and all Unpaid Reimbursement Obligations, provided PROVIDED that the sum of the outstanding amount of Administrative Agent and the Revolving Credit Loans plus the outstanding amount of the Swing Line Loans plus the Maximum Drawing Amount and all Unpaid Reimbursement Obligations Lenders shall not at have no obligation to make any time exceed the Total Revolving Credit Commitment at such time. The Revolving Credit Loans which would constitute an OverLoan and the Borrowers shall never allow Availability to be made pro rata in accordance with each Revolving Credit Lender's Commitment Percentageless than $0. Each request for a Revolving Credit Loan hereunder shall constitute a representation and warranty by the Borrowers that the conditions set forth in 10 ss.11 and 11ss.12, as in the case may beof the initial Revolving Credit Loans to be made on the Closing Date, and ss.12, in the case of all other Revolving Credit Loans, have been satisfied on the date of such request. No Revolving Credit Lender has any obligation to make any Revolving Credit Loan, or otherwise to provide any credit to or for the benefit of the Borrowers where the result of such loan, advance, or credit is an OverLoan.

Commitment to Lend. Subject to the terms and conditions set forth in this Credit AgreementAgreement (including, but not limited to those requirements set forth in (S)2.6 below), each of the Revolving Credit Lenders severally, but not jointly, Banks severally agrees to lend to the Borrowers, Borrower and the Borrowers Borrower may borrow, repay, and reborrow from time to time from between the Closing Date to and the Revolving Credit Loan Maturity Date, Date upon notice by the Borrowers Borrower to the Administrative Agent given in accordance with 2.5(S)2.6, such sums as are requested by the Borrowers Borrower up to a maximum aggregate amount outstanding (after giving effect to all amounts requested) at any one time equal to such Revolving Credit LenderBank's Commitment minus such Revolving Credit LenderBank's Commitment Percentage of the sum of the Maximum Drawing Amount and all Unpaid Reimbursement Obligations, provided that the sum of the outstanding amount of the Revolving Credit Loans plus the outstanding amount of the Swing Line Loans (after giving effect to all amounts requested) plus the Maximum Drawing Amount and all Unpaid Reimbursement Obligations shall not at any time exceed the Total Revolving Credit Commitment at such timeCommitment. The Revolving Credit Loans shall be made pro rata in accordance with each Revolving Credit LenderBank's Commitment Percentage. Each request for a Revolving Credit Loan hereunder shall constitute a representation and warranty by the Borrowers Borrower that the conditions set forth in 10 (S)11 and 11(S)12, as in the case may beof the initial Revolving Credit Loans to be made on the Closing Date, and (S)12, in the case of all other Revolving Credit Loans, have been satisfied on the date of such request. Notwithstanding anything to the contrary contained herein, the Borrower shall only be permitted to borrow Revolving Credit Loans to finance any portion of a Permitted Acquisition during the period from the Closing Date until the third anniversary of the Closing Date.

Commitment to Lend. Subject to the terms and conditions set forth in this Credit Agreement, each of the Revolving Credit Lenders severally, but not jointly, severally agrees to lend to the Borrowers, Borrower and the Borrowers Borrower may borrow, repay, and reborrow from time to time from the Closing Funding Date up to but not including the Revolving Credit Loan Maturity Date, Date upon notice by the Borrowers Borrower to the Administrative Agent given in accordance with 2.5§2.6, such sums as are requested by the Borrowers Borrower up to a maximum aggregate amount outstanding (after giving effect to all amounts requested) at any one time equal to such Revolving Credit Lender's ’s Revolving Credit Commitment minus such Revolving Credit Lender's ’s Commitment Percentage of the sum of the Maximum Drawing Amount and all Unpaid Reimbursement Obligations, provided that the sum of the outstanding aggregate amount of the all Revolving Credit Loans plus the outstanding amount of the Swing Line Loans (after giving effect to all amounts requested) plus the Maximum Drawing Amount and all Unpaid Reimbursement Obligations shall not at any time exceed the Total Revolving Credit Commitment at such time. The Revolving Credit Loans shall be made pro rata in accordance with each Revolving Credit Lender's ’s Commitment PercentagePercentage of the Total Revolving Credit Commitment. Each request for a Revolving Credit Loan hereunder shall constitute a representation and warranty by the Borrowers Borrower that the conditions set forth in 10 §12 and 11§13, as in the case may beof the initial Revolving Credit Loans to be made on the Funding Date, and §13, in the case of all other Revolving Credit Loans, have been satisfied on the date of such request.

Commitment to Lend. Subject to the terms and conditions set forth in this Credit Agreement, each of the Revolving Credit Lenders severally, but not jointly, severally agrees to lend to the Borrowers, TransTechnology and the Borrowers TransTechnology may borrow, repay, and reborrow from time to time from between the Closing Date to and the Revolving Credit Loan Maturity Date, Date upon notice by the Borrowers TransTechnology to the Administrative Agent given in accordance with 2.5ss.2.6, such sums in Dollars as are requested by the Borrowers TransTechnology up to a maximum aggregate amount outstanding (after giving effect to all amounts requested) at any one time equal to such Lender's Revolving Credit Lender's Commitment minus in effect at such Revolving Credit time MINUS such Lender's Commitment Percentage of the sum of (a) the Maximum Drawing Amount and Amount, (b) all Unpaid Reimbursement Obligations, provided and (c) the International Facility Amount, PROVIDED that the sum of the outstanding amount of the Revolving Credit Loans plus the outstanding amount of the Swing Line Loans plus (after giving effect to all amounts requested) PLUS the Maximum Drawing Amount and Amount, all Unpaid Reimbursement Obligations Obligations, and the International Facility Amount shall not at any time exceed the Total Revolving Credit Commitment at such timeCommitment. The Revolving Credit Loans shall be made pro rata in accordance with each Revolving Credit Lender's Commitment Percentage. Each request for a Revolving Credit Loan hereunder shall constitute a representation and warranty by the Borrowers TransTechnology that the conditions set forth in 10 Section 12 and 11Section 13, as in the case may beof the initial Revolving Credit Loans to be made on the Closing Date, and ss.13, in the case of all other Revolving Credit Loans, have been satisfied on the date of such request.

Commitment to Lend. Subject to the terms and conditions set forth in this Credit Agreement, each of the Revolving Credit Lenders severally, but not jointly, severally agrees to lend to the Borrowers, Borrowers and the Borrowers may borrow, repay, and reborrow from time to time from the Closing Date up to but not including the Revolving Credit Loan Maturity Date, Date upon notice by the Borrowers to the Administrative Agent given in accordance with 2.5ss.2.7, such sums as are requested by the Borrowers up to a maximum aggregate amount outstanding (after giving effect to all amounts requested) at any one time equal to such Revolving Credit Lender's Revolving Credit Commitment minus such Revolving Credit Lender's Revolving Credit Commitment Percentage of the sum of the Maximum Drawing Amount and all Unpaid Reimbursement Obligations, provided that the sum of the outstanding amount of the Revolving Credit Loans (after giving effect to all amounts requested) plus the outstanding amount of the Swing Line Loans (after giving effect to all amounts requested) plus the Maximum Drawing Amount and all Unpaid Reimbursement Obligations shall not at any time exceed the Total Revolving Credit Commitment at such time. The Revolving Credit Loans shall be made pro rata in accordance with each Revolving Credit Lender's Revolving Credit Commitment Percentage. Each request for a Revolving Credit Loan hereunder shall constitute a representation and warranty by the Borrowers that the conditions set forth in 10 ss.11 and 11ss.12, as in the case may beof the initial Revolving Credit Loans to be made on the Closing Date, and ss.12, in the case of all other Revolving Credit Loans, have been satisfied on the date of such request.

Commitment to Lend. Subject to the terms and conditions set forth in this Credit Agreement, each of the Revolving Credit Lenders severally, but not jointly, severally agrees to lend to the Borrowers, Borrower and the Borrowers Borrower may borrow, repay, and reborrow from time to time from the Closing Date up to but not including the Revolving Credit Loan Maturity Date, Date upon notice by the Borrowers Borrower to the Administrative Agent given in accordance with 2.5ss.2.6, such sums as are requested by the Borrowers Borrower up to a maximum aggregate amount outstanding (after giving effect to all amounts requested) at any one time equal to such Revolving Credit Lender's Commitment minus MINUS such Revolving Credit Lender's Commitment Percentage of the sum of the Maximum Drawing Amount and all Unpaid Reimbursement Obligations, provided PROVIDED that the sum of the outstanding amount of the Revolving Credit Loans plus the outstanding amount of the Swing Line Loans plus (after giving effect to all amounts requested) PLUS the Maximum Drawing Amount and all Unpaid Reimbursement Obligations shall not at any time exceed the Total Revolving Credit Commitment at such time. The Revolving Credit Loans shall be made pro rata PRO RATA in accordance with each Revolving Credit Lender's Commitment Percentage. Each request for a Revolving Credit Loan hereunder shall constitute a representation and warranty by the Borrowers Borrower that the conditions set forth in 10 ss.11 and 11ss.12, as in the case may beof the initial Revolving Credit Loans to be made on the Closing Date, and ss.12, in the case of all other Revolving Credit Loans, have been satisfied on the date of such request.

Commitment to Lend. Subject to the terms and conditions set forth in this Credit Agreement, each of the Revolving Credit Lenders severally, but not jointly, severally agrees to lend to the Borrowers, and the Borrowers on a joint and several basis may borrow, repay, and reborrow from time to time from the Closing Date up to but not including the Revolving Credit Maturity Date, Date upon notice by the Borrowers Borrowers' Representative to the Administrative Agent given in accordance with 2.5ss.2.9, such sums as are requested by the Borrowers Borrowers' Representative up to a maximum aggregate amount outstanding (after giving effect to all amounts requested) at any one time equal to such Revolving Credit Lender's Commitment minus such Revolving Credit Lender's Commitment Percentage of the sum of the Maximum Drawing Amount and all Unpaid Reimbursement Obligations, provided that the sum of the outstanding amount of Administrative Agent and the Revolving Credit Loans plus the outstanding amount of the Swing Line Loans plus the Maximum Drawing Amount and all Unpaid Reimbursement Obligations Lenders shall not at have no obligation to make any time exceed the Total Revolving Credit Commitment at such time. The Revolving Credit Loans which would constitute an OverLoan and the Borrowers shall never allow Availability to be made pro rata in accordance with each Revolving Credit Lender's Commitment Percentageless than $0. Each request for a Revolving Credit Loan hereunder shall constitute a representation and warranty by the Borrowers that the conditions set forth in 10 ss.11 and 11ss.12, as in the case may beof the initial Revolving Credit Loans to be made on the Closing Date, and ss.12, in the case of all other Revolving Credit Loans, have been satisfied on the date of such request. No Revolving Credit Lender has any obligation to make any Revolving Credit Loan, or otherwise to provide any credit to or for the benefit of the Borrowers where the result of such loan, advance, or credit is an OverLoan.

Commitment to Lend. Subject to the terms and conditions set forth in this Credit Agreement, each of the Revolving Credit Lenders severally, but not jointly, Banks severally agrees to lend to the Borrowers, Borrower and the Borrowers Borrower may borrow, repay, and reborrow from time to time from the Closing Date up to but not including the Revolving Credit Maturity Date, Date upon notice by the Borrowers Borrower to the Administrative Agent given in accordance with 2.5Section 2.6, such sums in Dollars and/or at the Borrower's option and subject to Section 2.9, in an Optional Currency, as are requested by the Borrowers Borrower up to a maximum aggregate amount outstanding (after giving effect to all amounts requested) at any one time equal to such Revolving Credit LenderBank's Commitment minus the product of such Revolving Credit LenderBank's Commitment Percentage of the sum of (a) the Maximum Drawing Amount and (b) all Unpaid Reimbursement Obligations, provided that the sum of the outstanding amount Dollar Equivalents of the Revolving Credit Loans plus the outstanding amount amounts of the Swing Line Loans (after giving effect to all amounts requested) plus the Maximum Drawing Amount and all Unpaid Reimbursement Obligations shall not at any time exceed the Total Revolving Credit Commitment at such timeCommitment. The Revolving Credit Loans shall be made pro rata in accordance with each Revolving Credit LenderBank's Commitment Percentage. Each request for a Loan hereunder shall constitute a representation and warranty by the Borrowers Borrower that the conditions set forth in Section 10 and Section 11, as in the case may beof the initial Loans to be made on the Closing Date, and Section 11, in the case of all other Loans, have been satisfied on the date of such request. Each Eurocurrency Rate Loan made to the Borrower hereunder shall be denominated in Dollars, or, subject to Section 2.9 hereof, in an Optional Currency.

Commitment to Lend. Subject to the terms and conditions set forth in this Credit Agreement, each of the Revolving Credit Lenders severally, but not jointly, agrees to lend to the Borrowers, and the Borrowers may borrow, repay, and reborrow from time to time from the Closing Date to the Revolving Credit Maturity Date, upon notice by the Borrowers to the Administrative Agent given in accordance with §2.5, such sums as are requested by the Borrowers up to a maximum aggregate amount outstanding (after giving effect to all amounts requested) at any one time equal to such Revolving Credit Lender's ’s Commitment minus such Revolving Credit Lender's ’s Commitment Percentage of the sum of the Maximum Drawing Amount and all Unpaid Reimbursement Obligations, provided that the sum of the outstanding amount of the Revolving Credit Loans plus the outstanding amount of the Swing Line Loans plus the Maximum Drawing Amount and all Unpaid Reimbursement Obligations shall not at any time exceed the Total Revolving Credit Commitment at such time. The Revolving Credit Loans shall be made pro rata in accordance with each Revolving Credit Lender's ’s Commitment Percentage. Each request for a Loan hereunder shall constitute a representation and warranty by the Borrowers that the conditions set forth in §10 and §11, as the case may be, have been satisfied on the date of such request.

Commitment to Lend. Subject to the terms and conditions set forth in this Credit Agreement, each of the Revolving Credit Lenders severally, but not jointly, severally agrees to lend to the Borrowers, Borrower and the Borrowers Borrower may borrow, repay, and reborrow from time to time from the Closing Funding Date up to but not including the Revolving Credit Loan Maturity Date, Date upon notice by the Borrowers Borrower to the Administrative Agent given in accordance with 2.5ss.2.6, such sums as are requested by the Borrowers Borrower up to a maximum aggregate amount outstanding (after giving effect to all amounts requested) at any one time equal to such Revolving Credit Lender's Revolving Credit Commitment minus such Revolving Credit Lender's Commitment Percentage of the sum of the Maximum Drawing Amount and all Unpaid Reimbursement Obligations, provided that the sum of the outstanding aggregate amount of the all Revolving Credit Loans plus the outstanding amount of the Swing Line Loans (after giving effect to all amounts requested) plus the Maximum Drawing Amount and all Unpaid Reimbursement Obligations shall not at any time exceed the Total Revolving Credit Commitment at such time. The Revolving Credit Loans shall be made pro rata in accordance with each Revolving Credit Lender's Commitment PercentagePercentage of the Total Revolving Credit Commitment. Each request for a Revolving Credit Loan hereunder shall constitute a representation and warranty by the Borrowers Borrower that the conditions set forth in 10 ss.13 and 11ss.14, as in the case may beof the initial Revolving Credit Loans to be made on the Funding Date, and ss.14, in the case of all other Revolving Credit Loans, have been satisfied on the date of such request.