Common use of Commitments for Loans Clause in Contracts

Commitments for Loans. Subject to and upon the terms and conditions herein set forth, each Lender severally agrees to make a revolving loan or revolving loans (each a “Loan” and, collectively, the “Loans”) to the Borrower, which Loans (a) may be incurred by the Borrower at any time and from time to time on and after the Closing Date and prior to the Maturity Date; (b) except as otherwise provided herein, may, at the option of the Borrower, be incurred and maintained as, or Converted into, Loans that are Base Rate Loans or Eurodollar Loans, in each case denominated in Dollars, provided that all Loans made as part of the same Borrowing shall, unless otherwise specifically provided herein, consist of Loans of the same Type; (c) may be repaid or prepaid and re-borrowed in accordance with the provisions hereof; and (d) shall not be made if, after giving effect to any such Loan, (i) the Revolving Facility Exposure of any Lender would exceed such Lender’s Commitment, (ii) the Aggregate Revolving Facility Exposure would exceed the Total Commitment, or (iii) the Borrower would be required to prepay Loans or cash collateralize Letters of Credit pursuant to 4.3(a).

Commitments for Loans. Subject to and upon the terms and conditions herein set forth, each Lender severally agrees to make a revolving loan or revolving loans (each a “Loan” and, collectively, the “Loans”) to the Borrower, which Loans (a) may be incurred by the Borrower at any time and from time to time on and after the Closing Date and prior to the Maturity Date; (b) except as otherwise provided herein, may, at the option of the Borrower, be incurred and maintained as, or Converted into, Loans that are Base Rate Loans or Eurodollar Loans, in each case denominated in Dollars, provided that all Loans made as part of the same Borrowing shall, unless otherwise specifically provided herein, consist of Loans of the same Type; (c) may be repaid or prepaid and re-borrowed in accordance with the provisions hereof; and (d) shall not may only be made if, if after giving effect to any such Loan, (i) thereto the Revolving Facility Exposure aggregate principal amount of any Lender would exceed such Lender’s Commitment, (ii) the Aggregate Revolving Facility Exposure would outstanding Loans does not exceed the Total Commitment; and (e) shall not exceed for any Lender at any time outstanding such Lender’s Commitment at such time. In addition, or (iii) no Loans shall be incurred at any time if after giving effect thereto the Borrower would be required to prepay Loans or cash collateralize Letters of Credit pursuant to in accordance with Section 4.3(a).

Commitments for Loans. Subject to and upon the terms and conditions herein set forth, each Lender severally agrees to make a revolving loan or revolving loans (each a “Loan” and, collectively, the “Loans”) to the Borrower, which Loans (a) may be incurred by the Borrower at any time and from time to time on and after the Closing Funding Effective Date and prior to the Maturity Date; (b) except as otherwise provided herein, may, at the option of the Borrower, be incurred and maintained as, or Converted into, Loans that are Base Rate Loans or Eurodollar Loans, in each case denominated in Dollars, provided that all Loans made as part of the same Borrowing shall, unless otherwise specifically provided herein, consist of Loans of the same Type; (c) may be repaid or prepaid and re-borrowed in accordance with the provisions hereof; and (d) shall not may only be made if, if after giving effect to any such Loan, (i) thereto the Revolving Facility Exposure aggregate principal amount of any Lender would exceed such Lender’s Commitment, (ii) the Aggregate Revolving Facility Exposure would outstanding Loans does not exceed the Total Commitment; and (e) shall not exceed for any Lender at any time outstanding such Lender’s Commitment at such time. In addition, or (iii) no Loans shall be incurred at any time if after giving effect thereto the Borrower would be required to prepay Loans or cash collateralize Letters of Credit pursuant to in accordance with Section 4.3(a).

Commitments for Loans. Subject to and upon the terms and conditions herein set forth, each Lender severally agrees to make a revolving loan or revolving loans (each a “Loan“ Loan ” and, collectively, the “Loans“ Loans ”) to the Borrower, which Loans (a) may be incurred by the Borrower at any time and from time to time on and after the Closing Date and prior to the Maturity Date; (b) except as otherwise provided herein, may, at the option of the Borrower, be incurred and maintained as, or Converted into, Loans that are Base Rate Loans or Eurodollar Loans, in each case denominated in Dollars, provided that all Loans made as part of the same Borrowing shall, unless otherwise specifically provided herein, consist of Loans of the same Type; (c) may be repaid or prepaid and re-borrowed in accordance with the provisions hereof; and (d) shall not be made if, after giving effect to any such Loan, (i) the Revolving Facility Exposure of any Lender would exceed such Lender’s Commitment, (ii) the Aggregate Revolving Facility Exposure would exceed the Total Commitment, or (iii) the Borrower would be required to prepay Loans or cash collateralize Letters of Credit pursuant to 4.3(a).