{"component": "clause", "props": {"groups": [{"size": 12, "snippet": "(a) Prior to the Effective Date, certain \u201cRevolving Loans\u201d were made to certain of the Borrowers under the Existing Credit Agreement which remain outstanding as of the Effective Date (such outstanding loans being hereinafter referred to as the \u201cExisting Revolving Loans\u201d). Subject to the terms and conditions set forth in this Agreement, each Borrower and each of the 2023 Revolving Lenders agree that on the Effective Date, but subject to the reallocation and other transactions described in Section 1.07, the Existing Revolving Loans shall be re-evidenced as 2023 Revolving Loans under this Agreement and the terms of the Existing Revolving Loans shall be restated in their entirety and shall be evidenced by this Agreement. Subject to the terms and conditions set forth herein, each 2023 Revolving Lender (severally and not jointly) agrees to make 2023 Revolving Loans to the Borrowers in Agreed Currencies from time to time during the 2023 Revolving Availability Period in an aggregate principal amount that will not result in (a) subject to Section 2.04, the Dollar Amount of such Lender\u2019s 2023 Revolving Credit Exposure exceeding such Lender\u2019s 2023 Revolving Commitment or (b) subject to Section 2.04, the sum of the Dollar Amount of the total 2023 Revolving Credit Exposures exceeding the 2023 Aggregate Revolving Commitment. Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrowers may borrow, prepay and reborrow 2023 Revolving Loans.\n(b) Subject to the terms and conditions set forth herein, each Tranche A-1 Term Loan Lender (severally and not jointly) agreed to make Tranche A-1 Term Loans to Capri Holdings in Dollars in a single draw on one date during the Term Loan Availability Period, in an aggregate principal amount not to exceed such Term Loan Lender\u2019s outstanding Tranche A-1 Term Loan Commitment immediately prior to the making of such Tranche A-1 Term Loans. Amounts paid or prepaid in respect of the Tranche A-1 Term Loans may not be reborrowed.\n(c) Subject to the terms and conditions set forth herein, each Tranche A-2 Term Loan Lender (severally and not jointly) agreed to make Tranche A-2 Term Loans to Capri Holdings in Dollars in a single draw on one date during the Term Loan Availability Period, in an aggregate principal amount not to exceed such Term Loan Lender\u2019s outstanding Tranche A-2 Term Loan Commitment immediately prior to the making of such Tranche A-2 Term Loans. Amounts paid or prepaid in respect of the Tranche A-2 Term Loans may not be reborrowed.\n(d) Subject to the terms and conditions set forth herein and in the First Amendment, each Rolling Tranche A-2 Term Loan Lender (severally and not jointly) agrees to exchange on the First Amendment Effective Date its Tranche A-1 Term Loans outstanding immediately prior to the First Amendment Effective Date for a like principal amount of Rolled Tranche A-2 Term Loans, which shall constitute Loans under the same Class and tranche as the Tranche A-2", "samples": [{"hash": "7tluTfjWXQ", "uri": "/contracts/7tluTfjWXQ#commitments-loans", "label": "Credit Agreement (Capri Holdings LTD)", "score": 31.496919632, "published": true}, {"hash": "3vlfPA3KbSV", "uri": "/contracts/3vlfPA3KbSV#commitments-loans", "label": "Credit Agreement (Capri Holdings LTD)", "score": 31.496919632, "published": true}], "snippet_links": [{"key": "prior-to-the-effective-date", "type": "clause", "offset": [4, 31]}, {"key": "the-borrowers", "type": "clause", "offset": [83, 96]}, {"key": "existing-credit-agreement", "type": "clause", "offset": [107, 132]}, {"key": "as-of-the-effective-date", "type": "clause", "offset": [158, 182]}, {"key": "outstanding-loans", "type": "clause", "offset": [189, 206]}, {"key": "existing-revolving-loans", "type": "definition", "offset": [245, 269]}, {"key": "the-terms-and-conditions", "type": "clause", "offset": [284, 308]}, {"key": "in-this-agreement", "type": "definition", "offset": [319, 336]}, {"key": "each-borrower", "type": "clause", "offset": [338, 351]}, {"key": "revolving-lenders", "type": "definition", "offset": [373, 390]}, {"key": "on-the-effective-date", "type": "clause", "offset": [402, 423]}, {"key": "other-transactions", "type": "definition", "offset": [461, 479]}, {"key": "loans-shall", "type": "definition", "offset": [530, 541]}, {"key": "terms-of-the", "type": "clause", "offset": [611, 623]}, {"key": "by-this-agreement", "type": "clause", "offset": [708, 725]}, {"key": "agrees-to", "type": "clause", "offset": [836, 845]}, {"key": "loans-to", "type": "clause", "offset": [866, 874]}, {"key": "agreed-currencies", "type": "definition", "offset": [892, 909]}, {"key": "from-time-to-time", "type": "clause", "offset": [910, 927]}, {"key": "revolving-availability-period", "type": "definition", "offset": [944, 973]}, {"key": "aggregate-principal-amount", "type": "definition", "offset": [980, 1006]}, {"key": "subject-to-section", "type": "clause", "offset": [1035, 1053]}, {"key": "dollar-amount", "type": "clause", "offset": [1064, 1077]}, {"key": "sum-of", "type": "clause", "offset": [1212, 1218]}, {"key": "the-total", "type": "clause", "offset": [1240, 1249]}, {"key": "revolving-credit-exposures", "type": "definition", "offset": [1255, 1281]}, {"key": "aggregate-revolving-commitment", "type": "definition", "offset": [1301, 1331]}, {"key": "the-foregoing", "type": "definition", "offset": [1340, 1353]}, {"key": "tranche-a-1-term-loan-lender", "type": "definition", "offset": [1550, 1578]}, {"key": "agreed-to", "type": "definition", "offset": [1607, 1616]}, {"key": "tranche-a-1-term-loans", "type": "definition", "offset": [1622, 1644]}, {"key": "capri-holdings", "type": "definition", "offset": [1648, 1662]}, {"key": "term-loan-availability-period", "type": "definition", "offset": [1714, 1743]}, {"key": "amount-not-to-exceed", "type": "clause", "offset": [1771, 1791]}, {"key": "tranche-a-1-term-loan-commitment", "type": "definition", "offset": [1828, 1860]}, {"key": "in-respect-of", "type": "clause", "offset": [1949, 1962]}, {"key": "tranche-a-2-term-loan-lender", "type": "definition", "offset": [2076, 2104]}, {"key": "tranche-a-2-term-loans", "type": "definition", "offset": [2148, 2170]}, {"key": "tranche-a-2-term-loan-commitment", "type": "definition", "offset": [2354, 2386]}, {"key": "the-first-amendment", "type": "clause", "offset": [2603, 2622]}, {"key": "to-exchange", "type": "clause", "offset": [2701, 2712]}, {"key": "first-amendment-effective-date", "type": "clause", "offset": [2720, 2750]}, {"key": "loans-outstanding", "type": "definition", "offset": [2772, 2789]}], "hash": "6b5a17e4c6d29fb8b5614170f1e9ec51", "id": 1}, {"size": 9, "snippet": "(a) Subject to the terms and conditions set forth herein, including Section 1.10, each Lender severally agrees to make Loans to the Borrower on the Restatement Closing Date (the \u201cInitial Term Loans\u201d) denominated in Dollars in an aggregate amount not to exceed the amount of such Lender\u2019s Initial Commitment.\n(b) At any time on or following the Restatement Closing Date but prior to the Delayed Draw Term Loan Commitment Expiration Date, the Borrower may request, in accordance with Section 2.02, one or more Loans (the \u201cDelayed Draw Term Loans\u201d) in an aggregate principal amount not to exceed $11,679,000.00. The aggregate principal amount of Delayed Draw Term Loans drawn after the Restatement Closing Date shall not at any time exceed the aggregate Delayed Draw Term Loan Commitments of all Lenders as of such date, and the aggregate principal amount of Delayed Draw Term Loans funded by any Lender shall not at any time exceed the Delayed Draw Term Loan Commitment of such Lender.\n(c) Each Borrowing shall be made in two Classes of Loans: (1) Class A Loans, in an aggregate principal amount equal to the product of (i) the Borrowed Amount of such Borrowing multiplied by (ii) the Class A Borrowing Percentage; and (2) Class B Loans, in an aggregate principal amount equal to the product of (i) the Borrowed Amount of such Borrowing multiplied by (ii) the Class B Borrowing Percentage. For the avoidance of doubt (x) the principal amount of Loans of any Class to be made by any Lender in connection with any Borrowing shall be determined in accordance with such Lender\u2019s Pro Rata Share of the Commitments of such Class held by such Lender immediately prior to giving effect to such Borrowing and (y) if, with respect to any Borrowing, any Lender has only a Class A Commitment (such Lender for such purposes, a \u201cClass A Only Lender\u201d) or only a Class B Commitment (such Lender for such purposes, a \u201cClass B Only Lender\u201d), then such Class A Only Lenders shall be required to make only Class A Loans and such Class B Only Lenders shall be required to make only Class B Loans.\n(d) On the Restatement Closing Date (subject to the conditions set forth in Section 4.01), the Loans of each Exiting Lender shall be repaid in full (together with any unpaid fees, interest and any other charges accrued thereon pursuant to the Existing Credit Agreement) with the proceeds of the Initial Term Loans in incurred pursuant to this Agreement (or one or more Equity Contributions or other funds available to the Borrower, as applicable). Upon payment in full of all outstanding Obligations owed to each Exiting Lender, the Commitments of such Exiting Lender shall be terminated, and the rights of such Exiting Lender under the Existing Credit Agreement and the other Loan Documents shall be automatically and irrevocably terminated (except for those rights that expressly survive termination), and such Exiting Lender shall be released from its obligations under the Existing Credit Agreement and any other Loans Documents (except for those obligations that expressly survive termination thereof). The Borrower and other Loan Parties hereby release and discharge such Exiting Lender and its respective affiliates, officers, directors, employees, agents and attorneys-in-fact (collectively, the \u201cReleased Parties\u201d) from all damages, losses, claims and liabilities of any kind or character, known or unknown, present or future in any way arising out of or relating to the Loan Documents or the Obligations (including without limitation, all such damages, losses, claims and/or liabilities which arise out of contract, tort, violation of law or otherwise) other than any damages, losses, claims and liabilities resulting from this Agreement or any Released Party\u2019s gross negligence or willful misconduct as determined by a court of competent jurisdiction in a final, non-appealable order. Amounts borrowed under this Section 2.01 and repaid or prepaid may not be reborrowed.", "samples": [{"hash": "cjkvTiAaCyE", "uri": "/contracts/cjkvTiAaCyE#commitments-loans", "label": "Credit Agreement (CBRE Acquisition Holdings, Inc.)", "score": 32.7289543152, "published": true}], "snippet_links": [{"key": "the-terms-and-conditions", "type": "clause", "offset": [15, 39]}, {"key": "each-lender", "type": "clause", "offset": [82, 93]}, {"key": "agrees-to", "type": "clause", "offset": [104, 113]}, {"key": "to-the-borrower", "type": "definition", "offset": [125, 140]}, {"key": "restatement-closing-date", "type": "clause", "offset": [148, 172]}, {"key": "amount-not-to-exceed", "type": "clause", "offset": [239, 259]}, {"key": "initial-commitment", "type": "definition", "offset": [288, 306]}, {"key": "at-any-time", "type": "clause", "offset": [312, 323]}, {"key": "following-the", "type": "definition", "offset": [330, 343]}, {"key": "prior-to-the", "type": "clause", "offset": [373, 385]}, {"key": "delayed-draw-term-loan-commitment-expiration-date", "type": "definition", "offset": [386, 435]}, {"key": "in-accordance-with", "type": "definition", "offset": [463, 481]}, {"key": "delayed-draw-term-loans", "type": "definition", "offset": [520, 543]}, {"key": "aggregate-principal-amount", "type": "definition", "offset": [552, 578]}, {"key": "aggregate-delayed-draw-term-loan-commitments", "type": "definition", "offset": [741, 785]}, {"key": "all-lenders", "type": "definition", "offset": [789, 800]}, {"key": "each-borrowing", "type": "clause", "offset": [988, 1002]}, {"key": "classes-of-loans", "type": "clause", "offset": [1024, 1040]}, {"key": "class-a-loans", "type": "definition", "offset": [1046, 1059]}, {"key": "equal-to", "type": "definition", "offset": [1094, 1102]}, {"key": "the-product", "type": "clause", "offset": [1103, 1114]}, {"key": "borrowed-amount", "type": "definition", "offset": [1126, 1141]}, {"key": "the-class", "type": "definition", "offset": [1179, 1188]}, {"key": "borrowing-percentage", "type": "definition", "offset": [1191, 1211]}, {"key": "class-b-loans", "type": "definition", "offset": [1221, 1234]}, {"key": "class-b-borrowing", "type": "definition", "offset": [1358, 1375]}, {"key": "for-the-avoidance-of-doubt", "type": "clause", "offset": [1388, 1414]}, {"key": "amount-of-loans", "type": "clause", "offset": [1433, 1448]}, {"key": "in-connection-with", "type": "clause", "offset": [1487, 1505]}, {"key": "pro-rata-share", "type": "definition", "offset": [1573, 1587]}, {"key": "the-commitments", "type": "clause", "offset": [1591, 1606]}, {"key": "with-respect-to", "type": "clause", "offset": [1706, 1721]}, {"key": "class-a-commitment", "type": "definition", "offset": [1759, 1777]}, {"key": "class-b-commitment", "type": "definition", "offset": [1845, 1863]}, {"key": "class-b-only", "type": "definition", "offset": [1899, 1911]}, {"key": "the-conditions", "type": "clause", "offset": [2122, 2136]}, {"key": "the-loans", "type": "clause", "offset": [2165, 2174]}, {"key": "exiting-lender", "type": "definition", "offset": [2183, 2197]}, {"key": "repaid-in-full", "type": "definition", "offset": [2207, 2221]}, {"key": "unpaid-fees", "type": "clause", "offset": [2241, 2252]}, {"key": "other-charges", "type": "definition", "offset": [2271, 2284]}, {"key": "pursuant-to-the-existing-credit-agreement", "type": "clause", "offset": [2301, 2342]}, {"key": "the-initial-term-loans", "type": "clause", "offset": [2365, 2387]}, {"key": "pursuant-to-this-agreement", "type": "clause", "offset": [2400, 2426]}, {"key": "equity-contributions", "type": "definition", "offset": [2443, 2463]}, {"key": "available-to", "type": "definition", "offset": [2479, 2491]}, {"key": "upon-payment-in-full", "type": "clause", "offset": [2522, 2542]}, {"key": "outstanding-obligations", "type": "definition", "offset": [2550, 2573]}, {"key": "rights-of", "type": "clause", "offset": [2671, 2680]}, {"key": "agreement-and-the-other-loan-documents", "type": "clause", "offset": [2727, 2765]}, {"key": "survive-termination", "type": "clause", "offset": [2856, 2875]}, {"key": "obligations-under-the", "type": "clause", "offset": [2929, 2950]}, {"key": "other-loans", "type": "definition", "offset": [2985, 2996]}, {"key": "other-loan-parties", "type": "definition", "offset": [3099, 3117]}, {"key": "release-and-discharge", "type": "clause", "offset": [3125, 3146]}, {"key": "respective-affiliates", "type": "definition", "offset": [3175, 3196]}, {"key": "agents-and-attorneys", "type": "clause", "offset": [3230, 3250]}, {"key": "released-parties", "type": "clause", "offset": [3279, 3295]}, {"key": "claims-and-liabilities", "type": "clause", "offset": [3324, 3346]}, {"key": "arising-out-of", "type": "definition", "offset": [3420, 3434]}, {"key": "relating-to", "type": "definition", "offset": [3438, 3449]}, {"key": "the-loan-documents", "type": "clause", "offset": [3450, 3468]}, {"key": "the-obligations", "type": "clause", "offset": [3472, 3487]}, {"key": "including-without-limitation", "type": "clause", "offset": [3489, 3517]}, {"key": "of-contract", "type": "clause", "offset": [3587, 3598]}, {"key": "violation-of-law", "type": "definition", "offset": [3606, 3622]}, {"key": "resulting-from", "type": "definition", "offset": [3692, 3706]}, {"key": "agreement-or", "type": "definition", "offset": [3712, 3724]}, {"key": "released-party", "type": "definition", "offset": [3729, 3743]}, {"key": "gross-negligence-or-willful-misconduct", "type": "clause", "offset": [3746, 3784]}, {"key": "court-of-competent-jurisdiction", "type": "definition", "offset": [3804, 3835]}], "hash": "95d1a45b5986e878475d3e88bdb41812", "id": 2}, {"size": 4, "snippet": "(a) Subject to the terms and conditions and relying upon the representations and warranties herein set forth, each Lender agrees, severally and not jointly, to make revolving loans (\u201cLoans\u201d) in Dollars to each Borrower at any time and from time to time from and including the date hereof to but excluding the Termination Date, or until the earlier termination of its Commitment, in an aggregate principal amount at any one time outstanding not to exceed the amount of its Commitment; provided that (i) the aggregate principal amount of all Loans to any Borrower outstanding at any time shall not exceed such Borrower\u2019s Sublimit and (ii) the Total Extensions of Credit shall not exceed the Total Commitments. Loans made to any Borrower shall be the several obligations of such Borrower.\n(b) The Loans made by the Lenders on any Borrowing Date that are ABR Loans shall be (i) in a minimum aggregate principal amount of $1,000,000, (ii) in an integral multiple of $500,000 in excess of the amount provided in clause (i) above or (iii) in an aggregate principal amount equal to the remaining balance of the Total Commitment, as the case may be. The Loans made by the Lenders on any Borrowing Date that are Eurodollar Loans shall be (A) in a minimum aggregate principal amount of $3,000,000 (or, if less, in the amount of the Total Commitments less the Total Extensions of Credit) or (B) in an integral multiple of $1,000,000 in excess of the amount provided in clause (A) above, as the case may be.", "samples": [{"hash": "6wmQ5g2NyNx", "uri": "/contracts/6wmQ5g2NyNx#commitments-loans", "label": "Revolving Credit Agreement", "score": 31.3408622742, "published": true}, {"hash": "fpMdZD3vAgC", "uri": "/contracts/fpMdZD3vAgC#commitments-loans", "label": "Revolving Credit Agreement (Avangrid, Inc.)", "score": 29.4900760651, "published": true}, {"hash": "jPFg2YqpXC2", "uri": "/contracts/jPFg2YqpXC2#commitments-loans", "label": "Revolving Credit Agreement (Avangrid, Inc.)", "score": 27.2614650726, "published": true}], "snippet_links": [{"key": "the-terms-and-conditions", "type": "clause", "offset": [15, 39]}, {"key": "the-representations-and-warranties", "type": "clause", "offset": [57, 91]}, {"key": "each-lender", "type": "clause", "offset": [110, 121]}, {"key": "revolving-loans", "type": "clause", "offset": [165, 180]}, {"key": "each-borrower", "type": "clause", "offset": [205, 218]}, {"key": "at-any-time", "type": "clause", "offset": [219, 230]}, {"key": "from-time-to-time", "type": "clause", "offset": [235, 252]}, {"key": "date-hereof", "type": "clause", "offset": [276, 287]}, {"key": "but-excluding", "type": "clause", "offset": [291, 304]}, {"key": "termination-date", "type": "clause", "offset": [309, 325]}, {"key": "termination-of", "type": "clause", "offset": [348, 362]}, {"key": "aggregate-principal-amount", "type": "definition", "offset": [385, 411]}, {"key": "not-to-exceed", "type": "definition", "offset": [440, 453]}, {"key": "provided-that", "type": "definition", "offset": [484, 497]}, {"key": "loans-to", "type": "clause", "offset": [540, 548]}, {"key": "total-extensions-of-credit", "type": "definition", "offset": [641, 667]}, {"key": "total-commitments", "type": "clause", "offset": [689, 706]}, {"key": "borrower-shall", "type": "clause", "offset": [726, 740]}, {"key": "obligations-of", "type": "clause", "offset": [756, 770]}, {"key": "the-loans", "type": "clause", "offset": [790, 799]}, {"key": "by-the-lenders", "type": "clause", "offset": [805, 819]}, {"key": "borrowing-date", "type": "definition", "offset": [827, 841]}, {"key": "loans-shall", "type": "definition", "offset": [855, 866]}, {"key": "integral-multiple", "type": "definition", "offset": [940, 957]}, {"key": "in-clause", "type": "clause", "offset": [1003, 1012]}, {"key": "equal-to", "type": "definition", "offset": [1065, 1073]}, {"key": "the-total-commitment", "type": "clause", "offset": [1099, 1119]}, {"key": "the-case", "type": "definition", "offset": [1124, 1132]}, {"key": "eurodollar-loans", "type": "clause", "offset": [1202, 1218]}], "hash": "14bb4ee0afcd0af1727612af2fab60ea", "id": 3}, {"size": 4, "snippet": "(i) Each Lender severally agrees, subject to the limitations set forth below with respect to the maximum amount of Loans permitted to be outstanding from time to time, to lend to the Borrower from time to time in U.S. Dollars during the period on and from the Effective Date to but excluding the Commitment Termination Date an aggregate amount not exceeding its Pro Rata Share of the aggregate amount of the Commitments, to be used for the purposes identified in Section 2.5A. The aggregate amount of the Commitments as of the Effective Date is $800,000,000. Subject to Section 2.9, each Lender\u2019s Commitment (other than Other Credit Extensions or any Commitments amended by Permitted Amendments pursuant to a Loan Modification Offer) shall expire on the Commitment Termination Date and all Loans (other than Other Credit Extensions or any Loans amended by Permitted Amendments pursuant to a Loan Modification Offer) and all other amounts owed hereunder with respect to the Loans and the Commitments (other than Other Credit Extensions or any Commitments or Loans amended by Permitted Amendments pursuant to a Loan Modification Offer) shall be paid in full not later than that date. Amounts borrowed under this Section 2.1A(i) may be repaid and reborrowed, subject to the limitations and conditions set forth herein, up to but excluding the Commitment Termination Date. Notwithstanding anything contained herein to the contrary, in no event shall the Revolving Exposure at any time exceed the Availability Amount then in effect.", "samples": [{"hash": "8iXOUJVmyXf", "uri": "/contracts/8iXOUJVmyXf#commitments-loans", "label": "Credit Agreement (Taylor Morrison Home Corp)", "score": 33.1971244812, "published": true}, {"hash": "7xIiGaTi6Ae", "uri": "/contracts/7xIiGaTi6Ae#commitments-loans", "label": "Credit Agreement (Taylor Morrison Home Corp)", "score": 31.0971927643, "published": true}], "snippet_links": [{"key": "each-lender", "type": "clause", "offset": [4, 15]}, {"key": "subject-to-the", "type": "definition", "offset": [34, 48]}, {"key": "with-respect-to", "type": "clause", "offset": [77, 92]}, {"key": "maximum-amount-of-loans", "type": "clause", "offset": [97, 120]}, {"key": "from-time-to-time", "type": "clause", "offset": [149, 166]}, {"key": "to-the-borrower", "type": "definition", "offset": [176, 191]}, {"key": "during-the-period", "type": "clause", "offset": [226, 243]}, {"key": "from-the-effective-date", "type": "clause", "offset": [251, 274]}, {"key": "but-excluding", "type": "clause", "offset": [278, 291]}, {"key": "commitment-termination-date", "type": "clause", "offset": [296, 323]}, {"key": "aggregate-amount", "type": "clause", "offset": [327, 343]}, {"key": "pro-rata-share", "type": "definition", "offset": [362, 376]}, {"key": "the-commitments", "type": "clause", "offset": [404, 419]}, {"key": "for-the-purposes", "type": "clause", "offset": [432, 448]}, {"key": "commitments-as-of-the-effective-date", "type": "clause", "offset": [505, 541]}, {"key": "subject-to-section", "type": "clause", "offset": [559, 577]}, {"key": "other-credit-extensions", "type": "definition", "offset": [620, 643]}, {"key": "permitted-amendments", "type": "clause", "offset": [674, 694]}, {"key": "loan-modification-offer", "type": "definition", "offset": [709, 732]}, {"key": "all-loans", "type": "clause", "offset": [786, 795]}, {"key": "other-amounts-owed", "type": "clause", "offset": [924, 942]}, {"key": "the-loans", "type": "clause", "offset": [969, 978]}, {"key": "paid-in-full", "type": "clause", "offset": [1143, 1155]}, {"key": "limitations-and-conditions", "type": "clause", "offset": [1271, 1297]}, {"key": "in-no-event-shall", "type": "clause", "offset": [1428, 1445]}, {"key": "revolving-exposure", "type": "definition", "offset": [1450, 1468]}, {"key": "at-any-time", "type": "clause", "offset": [1469, 1480]}, {"key": "availability-amount", "type": "clause", "offset": [1492, 1511]}, {"key": "in-effect", "type": "definition", "offset": [1517, 1526]}], "hash": "0b2e3e32a2d8666bdfb822c3e38886af", "id": 4}, {"size": 3, "snippet": "Subject to the terms and conditions set forth herein, each Lender agrees to make Loans denominated in dollars to the Borrower from time to time during the Availability Period in an aggregate principal amount that will not result in such Lender\u2019s Revolving Credit Exposure exceeding such Lender\u2019s Commitment. Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrower may borrow, prepay and reborrow Loans.", "samples": [{"hash": "6K8PkaWFDXE", "uri": "/contracts/6K8PkaWFDXE#commitments-loans", "label": "Credit Agreement (Keurig Dr Pepper Inc.)", "score": 32.2306632996, "published": true}, {"hash": "lAE4w4bGG0G", "uri": "/contracts/lAE4w4bGG0G#commitments-loans", "label": "Credit Agreement (Keurig Dr Pepper Inc.)", "score": 31.2861061096, "published": true}, {"hash": "jVRVweKujPw", "uri": "/contracts/jVRVweKujPw#commitments-loans", "label": "Credit Agreement (Keurig Dr Pepper Inc.)", "score": 30.4072551727, "published": true}], "snippet_links": [{"key": "the-terms-and-conditions", "type": "clause", "offset": [11, 35]}, {"key": "each-lender", "type": "clause", "offset": [54, 65]}, {"key": "agrees-to", "type": "clause", "offset": [66, 75]}, {"key": "loans-denominated-in-dollars", "type": "clause", "offset": [81, 109]}, {"key": "to-the-borrower", "type": "definition", "offset": [110, 125]}, {"key": "from-time-to-time", "type": "clause", "offset": [126, 143]}, {"key": "availability-period", "type": "definition", "offset": [155, 174]}, {"key": "aggregate-principal-amount", "type": "definition", "offset": [181, 207]}, {"key": "revolving-credit-exposure", "type": "definition", "offset": [246, 271]}, {"key": "the-foregoing", "type": "definition", "offset": [315, 328]}], "hash": "d66bbff954c342e13bf95b3365af5a2f", "id": 5}, {"size": 3, "snippet": "Subject to the terms and conditions set forth herein, each Lender agrees to make Loans denominated in Euros to the Borrower from time to time in one or more draws on one or more Borrowing Dates during the Availability Period in an aggregate principal amount not to exceed such L\u2587\u2587\u2587\u2587\u2587\u2019s Commitment; provided that the aggregate number of Borrowings under this Section 2.01 shall not exceed five (5) during the term of this Agreement. Amounts paid, repaid or prepaid on the Loans may not be reborrowed.", "samples": [{"hash": "NCnM13SdAI", "uri": "/contracts/NCnM13SdAI#commitments-loans", "label": "Bridge Credit Agreement (Keurig Dr Pepper Inc.)", "score": 36.9644088745, "published": true}, {"hash": "5rXtvPYUr1k", "uri": "/contracts/5rXtvPYUr1k#commitments-loans", "label": "Term Loan Agreement (Keurig Dr Pepper Inc.)", "score": 36.9644088745, "published": true}], "snippet_links": [{"key": "the-terms-and-conditions", "type": "clause", "offset": [11, 35]}, {"key": "each-lender", "type": "clause", "offset": [54, 65]}, {"key": "agrees-to", "type": "clause", "offset": [66, 75]}, {"key": "to-the-borrower", "type": "definition", "offset": [108, 123]}, {"key": "from-time-to-time", "type": "clause", "offset": [124, 141]}, {"key": "borrowing-dates", "type": "definition", "offset": [178, 193]}, {"key": "availability-period", "type": "definition", "offset": [205, 224]}, {"key": "amount-not-to-exceed", "type": "clause", "offset": [251, 271]}, {"key": "provided-that", "type": "definition", "offset": [298, 311]}, {"key": "number-of-borrowings", "type": "clause", "offset": [326, 346]}, {"key": "during-the-term-of-this-agreement", "type": "clause", "offset": [397, 430]}, {"key": "the-loans", "type": "clause", "offset": [467, 476]}], "hash": "4713653946c27f833955af21df065520", "id": 6}, {"size": 3, "snippet": "35 2.2 Interest on the Loans................................................ 43 2.3 Fees.................................................................", "samples": [{"hash": "8ZDaugesCQ4", "uri": "/contracts/8ZDaugesCQ4#commitments-loans", "label": "Credit Agreement (MBW Foods Inc)", "score": 18.0, "published": true}], "snippet_links": [{"key": "interest-on-the-loans", "type": "clause", "offset": [7, 28]}], "hash": "86418711b1a6484b58282dfbc1c955a6", "id": 7}, {"size": 3, "snippet": "(i) Each Revolving Loan Lender severally agrees, subject to the limitations set forth below with respect to the maximum amount of Revolving Loans permitted to be outstanding from time to time, to lend to the Borrowers from time to time in U.S. Dollars and/or Canadian Dollars during the period on and from the Effective Date to but excluding the Commitment Termination Date an aggregate amount not exceeding its Pro Rata Share of the aggregate amount of the Commitments, to be used for the purposes identified in Section 2.5B. The aggregate original amount of the Commitments is $75,000,000. Subject to Section 2.9, each Revolving Loan Lender\u2019s Commitment (other than Other Credit Extensions or any Commitments amended by Permitted Amendments pursuant to a Loan Modification Offer) shall expire on the Commitment Termination Date and all Revolving Loans (other than Other Credit Extensions or any Loans amended by Permitted Amendments pursuant to a Loan Modification Offer) and all other amounts owed hereunder with respect to the Revolving Loans and the Commitments (other than Other Credit Extensions or any Commitments or Loans amended by Permitted Amendments pursuant to a Loan Modification Offer) shall be paid in full no later than that date. Amounts borrowed under this Section 2.1A(i) may be repaid and reborrowed, subject to the limitations and conditions set forth herein, up to but excluding the Commitment Termination Date. Notwithstanding anything contained herein to the contrary, in no event shall (i) the Total Utilization of Commitments at any time exceed the lesser of (a) the Commitments then in effect and (b) the Availability Amount then in effect or (ii) the aggregate Canadian Revolving Exposure at any time exceed 105% of the Canadian Sublimit then in effect.", "samples": [{"hash": "2Jj7N97d0ky", "uri": "/contracts/2Jj7N97d0ky#commitments-loans", "label": "Credit Agreement (Taylor Morrison Home Corp)", "score": 23.0417518616, "published": true}], "snippet_links": [{"key": "revolving-loan-lender", "type": "definition", "offset": [9, 30]}, {"key": "subject-to-the", "type": "definition", "offset": [49, 63]}, {"key": "with-respect-to", "type": "clause", "offset": [92, 107]}, {"key": "maximum-amount-of-revolving-loans", "type": "clause", "offset": [112, 145]}, {"key": "from-time-to-time", "type": "clause", "offset": [174, 191]}, {"key": "the-borrowers", "type": "clause", "offset": [204, 217]}, {"key": "canadian-dollars", "type": "clause", "offset": [259, 275]}, {"key": "during-the-period", "type": "clause", "offset": [276, 293]}, {"key": "from-the-effective-date", "type": "clause", "offset": [301, 324]}, {"key": "but-excluding", "type": "clause", "offset": [328, 341]}, {"key": "commitment-termination-date", "type": "clause", "offset": [346, 373]}, {"key": "aggregate-amount", "type": "clause", "offset": [377, 393]}, {"key": "pro-rata-share", "type": "definition", "offset": [412, 426]}, {"key": "the-commitments", "type": "clause", "offset": [454, 469]}, {"key": "for-the-purposes", "type": "clause", "offset": [482, 498]}, {"key": "aggregate-original-amount", "type": "definition", "offset": [531, 556]}, {"key": "subject-to-section", "type": "clause", "offset": [592, 610]}, {"key": "other-credit-extensions", "type": "definition", "offset": [668, 691]}, {"key": "permitted-amendments", "type": "clause", "offset": [722, 742]}, {"key": "loan-modification-offer", "type": "definition", "offset": [757, 780]}, {"key": "all-revolving-loans", "type": "clause", "offset": [834, 853]}, {"key": "other-amounts-owed", "type": "clause", "offset": [982, 1000]}, {"key": "the-revolving-loans", "type": "clause", "offset": [1027, 1046]}, {"key": "paid-in-full", "type": "clause", "offset": [1211, 1223]}, {"key": "limitations-and-conditions", "type": "clause", "offset": [1338, 1364]}, {"key": "in-no-event-shall", "type": "clause", "offset": [1495, 1512]}, {"key": "total-utilization-of-commitments", "type": "definition", "offset": [1521, 1553]}, {"key": "at-any-time", "type": "clause", "offset": [1554, 1565]}, {"key": "lesser-of", "type": "definition", "offset": [1577, 1586]}, {"key": "in-effect", "type": "definition", "offset": [1612, 1621]}, {"key": "availability-amount", "type": "clause", "offset": [1634, 1653]}, {"key": "aggregate-canadian-revolving-exposure", "type": "definition", "offset": [1681, 1718]}, {"key": "canadian-sublimit", "type": "definition", "offset": [1750, 1767]}], "hash": "f26c711e2b36966666a9c222b501243f", "id": 8}, {"size": 2, "snippet": "14 Section 2.1 Loans. . . . . . . . . . . . . . . . . . . 14 Section 2.2", "samples": [{"hash": "7jZhLDJ00Ny", "uri": "/contracts/7jZhLDJ00Ny#commitments-loans", "label": "Loan Agreement (Omega Worldwide Inc)", "score": 18.0, "published": true}], "snippet_links": [{"key": "section-21", "type": "clause", "offset": [3, 14]}, {"key": "section-22", "type": "clause", "offset": [61, 72]}], "hash": "1f63433d2746b1fd03ef694d2e1dee63", "id": 9}, {"size": 2, "snippet": "36 2.2 Interest on the Loans. . . . . . . . . . . . . . . . . . . . . . . 44 2.3 Fees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .", "samples": [{"hash": "hFtdbunDhJy", "uri": "/contracts/hFtdbunDhJy#commitments-loans", "label": "Credit Agreement (Sherman Acquisition Corp)", "score": 18.0, "published": true}], "snippet_links": [{"key": "interest-on-the-loans", "type": "clause", "offset": [7, 28]}], "hash": "df7002f2117fe8ff9304caaecff8bc4e", "id": 10}], "next_curs": "CloSVGoVc35sYXdpbnNpZGVyY29udHJhY3RzcjYLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2Ihpjb21taXRtZW50cy1sb2FucyMwMDAwMDAwYQyiAQJlbhgAIAA=", "clause": {"size": 121, "parents": [["amounts-and-terms-of-commitments-and-loans", "Amounts and Terms of Commitments and Loans"], ["the-credits", "The Credits"], ["whereas", "WHEREAS"], ["credit-facility", "Credit Facility"], ["amount-and-terms-of-the-loans", "AMOUNT AND TERMS OF THE LOANS"]], "children": [["revolving-loans", "Revolving Loans"], ["borrowing-mechanics", "Borrowing Mechanics"], ["disbursement-of-funds", "Disbursement of Funds"], ["notes", "Notes"], ["commitments", "Commitments"]], "title": "Commitments; Loans", "id": "commitments-loans", "related": [["revolving-commitments", "Revolving Commitments", "Revolving Commitments"], ["revolving-loans", "Revolving Loans", "Revolving Loans"], ["extensions-of-term-loans-and-revolving-credit-commitments", "Extensions of Term Loans and Revolving Credit Commitments", "Extensions of Term Loans and Revolving Credit Commitments"], ["investments-loans-and-advances", "Investments, Loans and Advances", "Investments, Loans and Advances"], ["revolving-credit-commitments", "Revolving Credit Commitments", "Revolving Credit Commitments"]], "related_snippets": [], "updated": "2026-04-25T04:25:46+00:00", "also_ask": [], "drafting_tip": null, "explanation": "The 'Commitments; Loans' clause defines the obligations of lenders to provide loan funds and the borrower's right to draw on those funds under specified conditions. Typically, this clause outlines the maximum amount available, the process for requesting advances, and any limitations or requirements that must be met before funds are disbursed. Its core function is to establish clear terms for the availability and use of loan proceeds, ensuring both parties understand when and how funds can be accessed, thereby reducing uncertainty and potential disputes."}, "json": true, "cursor": ""}}