{"component": "clause", "props": {"groups": [{"snippet_links": [{"key": "the-terms-and-conditions", "type": "definition", "offset": [11, 35]}, {"key": "initial-term-lender", "type": "definition", "offset": [63, 82]}, {"key": "agrees-to", "type": "clause", "offset": [83, 92]}, {"key": "loans-in-dollars", "type": "clause", "offset": [111, 127]}, {"key": "to-the-borrower", "type": "definition", "offset": [128, 143]}, {"key": "the-closing-date", "type": "clause", "offset": [147, 163]}, {"key": "aggregate-principal-amount", "type": "definition", "offset": [170, 196]}, {"key": "equal-to", "type": "definition", "offset": [197, 205]}, {"key": "initial-term-loan-commitment", "type": "clause", "offset": [233, 261]}, {"key": "revolving-facility-lender", "type": "definition", "offset": [272, 297]}, {"key": "loans-to", "type": "clause", "offset": [360, 368]}, {"key": "from-time-to-time", "type": "clause", "offset": [382, 399]}, {"key": "availability-period", "type": "definition", "offset": [411, 430]}, {"key": "revolving-facility-credit-exposure", "type": "definition", "offset": [525, 559]}, {"key": "the-revolving-facility", "type": "clause", "offset": [669, 691]}, {"key": "total-revolving-facility-commitments", "type": "definition", "offset": [736, 772]}, {"key": "revolving-loans", "type": "definition", "offset": [829, 844]}, {"key": "by-the-borrower", "type": "clause", "offset": [881, 896]}, {"key": "the-foregoing", "type": "definition", "offset": [905, 918]}, {"key": "each-lender", "type": "clause", "offset": [1059, 1070]}, {"key": "incremental-commitment", "type": "definition", "offset": [1081, 1103]}, {"key": "the-applicable", "type": "clause", "offset": [1188, 1202]}, {"key": "incremental-assumption-agreement", "type": "definition", "offset": [1203, 1235]}, {"key": "incremental-loans", "type": "clause", "offset": [1245, 1262]}, {"key": "amount-not-to-exceed", "type": "clause", "offset": [1306, 1326]}, {"key": "the-initial-term-loans", "type": "clause", "offset": [1382, 1404]}], "snippet": "Subject to the terms and conditions set forth herein:\n(a) each Initial Term Lender agrees to make Initial Term Loans in Dollars to the Borrower on the Closing Date in an aggregate principal amount equal to such Initial Term Lender\u2019s Initial Term Loan Commitment,\n(b) each Revolving Facility Lender agrees, severally and not jointly, to make Revolving Facility Loans to the Borrower from time to time during the Availability Period in an aggregate principal amount that will not result in (i) such Revolving Facility Lender\u2019s Revolving Facility Credit Exposure of such Class exceeding such Revolving Facility Lender\u2019s Revolving Facility Commitment of such Class or (ii) the Revolving Facility Credit Exposure of such Class exceeding the total Revolving Facility Commitments of such Class. Revolving Facility Loans may be Standard Revolving Loans or Sustainability Loans, as elected by the Borrower. Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrower may borrow, prepay and reborrow Revolving Facility Loans,\n(c) each Lender having an Incremental Commitment agrees, severally and not jointly, subject to the terms and conditions set forth in the applicable Incremental Assumption Agreement, to make Incremental Loans to the Borrower, in an aggregate principal amount not to exceed its Incremental Commitment, and\n(d) the full amount of the Initial Term Loans must be drawn in a single drawing on the Closing Date and amounts of such Initial Term Loans borrowed under Section 2.01(a) that are repaid or prepaid may not be reborrowed.", "size": 428, "samples": [{"hash": "95qhKUYC929", "uri": "/contracts/95qhKUYC929#commitments", "label": "Incremental Assumption Agreement (Westrock Coffee Co)", "score": 36.0390129089, "published": true}, {"hash": "cY9vsZN7C7l", "uri": "/contracts/cY9vsZN7C7l#commitments", "label": "Credit Agreement (Westrock Coffee Co)", "score": 35.1218338013, "published": true}, {"hash": "iUQmM1mlIH9", "uri": "/contracts/iUQmM1mlIH9#commitments", "label": "Credit Agreement (Westrock Coffee Co)", "score": 34.4921302795, "published": true}], "hash": "8bfb8a32ec44b75325456ef72e21ada2", "id": 1}, {"snippet_links": [{"key": "the-terms-and-conditions", "type": "definition", "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": [97, 112]}, {"key": "from-time-to-time", "type": "clause", "offset": [113, 130]}, {"key": "availability-period", "type": "definition", "offset": [142, 161]}, {"key": "aggregate-principal-amount", "type": "definition", "offset": [168, 194]}, {"key": "sum-of", "type": "clause", "offset": [309, 315]}, {"key": "total-revolving-credit-exposures", "type": "definition", "offset": [320, 352]}, {"key": "competitive-loans", "type": "definition", "offset": [404, 421]}, {"key": "total-commitments", "type": "definition", "offset": [436, 453]}, {"key": "the-foregoing", "type": "definition", "offset": [462, 475]}], "snippet": "Subject to the terms and conditions set forth herein, each Lender agrees to make Revolving Loans to the Borrower from time to time during the Availability Period in an aggregate principal amount that will not result in (a) such Lender's Revolving Credit Exposure exceeding such Lender's Commitment or (b) the sum of the total Revolving Credit Exposures plus the aggregate principal amount of outstanding Competitive Loans exceeding the total Commitments. Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrower may borrow, prepay and reborrow Revolving Loans.", "size": 373, "samples": [{"hash": "cs189xiCRa3", "uri": "/contracts/cs189xiCRa3#commitments", "label": "Credit Agreement (Wellpoint Health Networks Inc /De/)", "score": 21.0, "published": true}, {"hash": "lc7hpTXmLOk", "uri": "/contracts/lc7hpTXmLOk#commitments", "label": "Credit Agreement (Fred Meyer Inc)", "score": 18.0, "published": true}, {"hash": "jzvP49LWvZg", "uri": "/contracts/jzvP49LWvZg#commitments", "label": "Credit Agreement (BMC Software Inc)", "score": 18.0, "published": true}], "hash": "1ff8564317b9111f4b1947ceeb4eb3af", "id": 3}, {"snippet_links": [{"key": "with-respect-to", "type": "clause", "offset": [24, 39]}, {"key": "the-foregoing", "type": "definition", "offset": [84, 97]}], "snippet": "Enter into any contract with respect to, or otherwise agree or commit to do, any of the foregoing.", "size": 252, "samples": [{"hash": "2XBdxMaKFrq", "uri": "/contracts/2XBdxMaKFrq#commitments", "label": "Agreement and Plan of Reorganization (MetroCity Bankshares, Inc.)", "score": 36.2060241699, "published": true}, {"hash": "cHtAJS6ip3x", "uri": "/contracts/cHtAJS6ip3x#commitments", "label": "Agreement and Plan of Merger and Reorganization (Plumas Bancorp)", "score": 36.0773429871, "published": true}, {"hash": "9HFDGv5WulE", "uri": "/contracts/9HFDGv5WulE#commitments", "label": "Agreement and Plan of Merger and Reorganization (Plumas Bancorp)", "score": 36.0773429871, "published": true}], "hash": "fcf444219307dad9895556086171f6b4", "id": 5}, {"snippet_links": [{"key": "the-terms-and-conditions", "type": "definition", "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": [87, 102]}, {"key": "availability-period", "type": "definition", "offset": [114, 133]}, {"key": "aggregate-principal-amount", "type": "definition", "offset": [140, 166]}, {"key": "total-revolving-credit-exposures", "type": "definition", "offset": [281, 313]}, {"key": "total-commitments", "type": "definition", "offset": [328, 345]}, {"key": "the-foregoing", "type": "definition", "offset": [354, 367]}, {"key": "the-loans", "type": "clause", "offset": [477, 486]}], "snippet": "Subject to the terms and conditions set forth herein, each Lender agrees to make Loans to the Borrower during the Availability Period in an aggregate principal amount that will not result in (a) such Lender\u2019s Revolving Credit Exposure exceeding such Lender\u2019s Commitment or (b) the total Revolving Credit Exposures exceeding the total Commitments. Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrower may borrow, repay and reborrow the Loans.", "size": 360, "samples": [{"hash": "j6q0pDbAvNk", "uri": "/contracts/j6q0pDbAvNk#commitments", "label": "Credit Agreement (Primeenergy Resources Corp)", "score": 33.6297073364, "published": true}, {"hash": "67bJ4irUr4f", "uri": "/contracts/67bJ4irUr4f#commitments", "label": "Senior Secured Revolving Credit Agreement (Viper Energy Partners LP)", "score": 32.433265686, "published": true}, {"hash": "gc4ueWrtjYa", "uri": "/contracts/gc4ueWrtjYa#commitments", "label": "Credit Agreement (Rattler Midstream Lp)", "score": 30.4045181274, "published": true}], "hash": "291b799fdf549ea651e75fcce3eece7b", "id": 4}, {"snippet_links": [{"key": "subject-to-and-upon", "type": "clause", "offset": [4, 23]}, {"key": "the-terms-and-conditions", "type": "definition", "offset": [24, 48]}, {"key": "each-lender", "type": "clause", "offset": [67, 78]}, {"key": "agrees-to", "type": "clause", "offset": [128, 137]}, {"key": "loan-or-loans", "type": "definition", "offset": [145, 158]}, {"key": "merger-sub", "type": "clause", "offset": [193, 203]}, {"key": "loans-shall", "type": "definition", "offset": [244, 255]}, {"key": "the-initial-term-loan", "type": "clause", "offset": [287, 308]}, {"key": "in-the-aggregate", "type": "definition", "offset": [339, 355]}, {"key": "the-option", "type": "clause", "offset": [414, 424]}, {"key": "abr-loans", "type": "clause", "offset": [495, 504]}, {"key": "libor-loans", "type": "clause", "offset": [508, 519]}, {"key": "provided-that", "type": "clause", "offset": [521, 534]}, {"key": "all-term-loans", "type": "clause", "offset": [535, 549]}, {"key": "each-of-the-lenders", "type": "clause", "offset": [558, 577]}, {"key": "pursuant-to-the", "type": "definition", "offset": [578, 593]}, {"key": "in-accordance-with", "type": "definition", "offset": [813, 831]}, {"key": "initial-term-loan-commitments", "type": "clause", "offset": [1051, 1080]}, {"key": "initial-term-loan-maturity-date", "type": "definition", "offset": [1089, 1120]}, {"key": "repaid-in-full", "type": "definition", "offset": [1166, 1180]}, {"key": "loans-denominated-in-dollars", "type": "clause", "offset": [1330, 1358]}, {"key": "to-the-borrower", "type": "definition", "offset": [1359, 1374]}, {"key": "applicable-lending-office", "type": "definition", "offset": [1384, 1409]}, {"key": "amount-not-to-exceed", "type": "clause", "offset": [1470, 1490]}, {"key": "at-any-time", "type": "clause", "offset": [1491, 1502]}, {"key": "from-time-to-time", "type": "clause", "offset": [1686, 1703]}, {"key": "after-the-closing-date", "type": "clause", "offset": [1711, 1733]}, {"key": "prior-to-the", "type": "clause", "offset": [1738, 1750]}, {"key": "revolving-credit-maturity-date", "type": "definition", "offset": [1751, 1781]}, {"key": "all-revolving-credit-loans", "type": "clause", "offset": [1948, 1974]}, {"key": "after-giving", "type": "clause", "offset": [2296, 2308]}, {"key": "application-of-the-proceeds", "type": "clause", "offset": [2335, 2362]}, {"key": "class-of", "type": "definition", "offset": [2457, 2465]}, {"key": "revolving-loans", "type": "definition", "offset": [2466, 2481]}, {"key": "aggregate-amount", "type": "definition", "offset": [2741, 2757]}, {"key": "revolving-credit-exposures", "type": "definition", "offset": [2791, 2817]}, {"key": "the-total-revolving-credit-commitment", "type": "clause", "offset": [2841, 2878]}, {"key": "in-effect", "type": "definition", "offset": [2884, 2893]}, {"key": "aggregate-revolving-credit-commitment", "type": "clause", "offset": [3037, 3074]}, {"key": "with-respect-to", "type": "clause", "offset": [3075, 3090]}, {"key": "swingline-lender", "type": "definition", "offset": [3174, 3190]}, {"key": "individual-capacity", "type": "definition", "offset": [3198, 3217]}, {"key": "swingline-maturity-date", "type": "definition", "offset": [3307, 3330]}, {"key": "swingline-loans", "type": "definition", "offset": [3405, 3420]}, {"key": "the-benefit", "type": "clause", "offset": [3502, 3513]}, {"key": "the-provisions-of-section", "type": "clause", "offset": [3517, 3542]}, {"key": "swingline-commitment", "type": "clause", "offset": [3602, 3622]}, {"key": "the-revolving-credit-commitment", "type": "clause", "offset": [3842, 3873]}, {"key": "after-receiving", "type": "clause", "offset": [4101, 4116]}, {"key": "written-notice", "type": "definition", "offset": [4119, 4133]}, {"key": "the-administrative-agent", "type": "definition", "offset": [4163, 4187]}, {"key": "required-revolving-credit-lenders", "type": "clause", "offset": [4195, 4228]}, {"key": "event-of-default-exists", "type": "clause", "offset": [4255, 4278]}, {"key": "notice-of", "type": "clause", "offset": [4365, 4374]}, {"key": "rescission-of", "type": "clause", "offset": [4379, 4392]}, {"key": "party-or-parties", "type": "clause", "offset": [4419, 4435]}, {"key": "waiver-of", "type": "clause", "offset": [4482, 4491]}, {"key": "any-business", "type": "definition", "offset": [4583, 4595]}, {"key": "lender-may", "type": "definition", "offset": [4615, 4625]}, {"key": "sole-discretion", "type": "clause", "offset": [4634, 4649]}, {"key": "notice-to", "type": "definition", "offset": [4656, 4665]}, {"key": "a-borrowing", "type": "definition", "offset": [4758, 4769]}, {"key": "mandatory-borrowing", "type": "definition", "offset": [4943, 4962]}, {"key": "based-on", "type": "definition", "offset": [5006, 5014]}, {"key": "revolving-credit-commitment-percentage", "type": "definition", "offset": [5046, 5084]}, {"key": "to-repay", "type": "clause", "offset": [5161, 5169]}, {"key": "upon-one-business-day", "type": "clause", "offset": [5320, 5341]}, {"key": "in-writing", "type": "definition", "offset": [5488, 5498]}, {"key": "comply-with-the", "type": "clause", "offset": [5594, 5609]}, {"key": "minimum-amount", "type": "definition", "offset": [5610, 5624]}, {"key": "each-borrowing", "type": "clause", "offset": [5629, 5643]}, {"key": "section-22", "type": "clause", "offset": [5657, 5668]}, {"key": "section-7", "type": "definition", "offset": [5711, 5720]}, {"key": "an-event-of-default", "type": "definition", "offset": [5768, 5787]}, {"key": "reduction-in", "type": "definition", "offset": [5874, 5886]}, {"key": "in-the-event", "type": "clause", "offset": [5967, 5979]}, {"key": "for-any-reason", "type": "clause", "offset": [6063, 6077]}, {"key": "commencement-of", "type": "clause", "offset": [6153, 6168]}, {"key": "bankruptcy-code", "type": "clause", "offset": [6192, 6207]}, {"key": "in-respect-of-the-borrower", "type": "clause", "offset": [6208, 6234]}, {"key": "without-recourse", "type": "definition", "offset": [6340, 6356]}, {"key": "commitment-percentages", "type": "clause", "offset": [6553, 6575]}, {"key": "interest-payable", "type": "clause", "offset": [6609, 6625]}, {"key": "the-account", "type": "clause", "offset": [6663, 6674]}, {"key": "to-the-extent", "type": "clause", "offset": [6761, 6774]}, {"key": "purchased-participation", "type": "definition", "offset": [6795, 6818]}, {"key": "payable-to", "type": "definition", "offset": [6829, 6839]}, {"key": "date-of-purchase", "type": "definition", "offset": [6888, 6904]}, {"key": "revolving-credit-commitments", "type": "definition", "offset": [6980, 7008]}, {"key": "expiring-credit-commitment", "type": "definition", "offset": [7015, 7041]}, {"key": "consented-to-by", "type": "definition", "offset": [7323, 7338]}, {"key": "consent-not-to-be-unreasonably-withheld", "type": "clause", "offset": [7366, 7405]}, {"key": "loan-shall", "type": "definition", "offset": [7487, 7497]}, {"key": "the-non", "type": "clause", "offset": [7550, 7557]}, {"key": "pro-rata-basis", "type": "definition", "offset": [7591, 7605]}, {"key": "aggregate-credit-exposure", "type": "definition", "offset": [7692, 7717]}, {"key": "loans-to", "type": "clause", "offset": [7854, 7862]}, {"key": "equal-to", "type": "definition", "offset": [7878, 7886]}, {"key": "cash-collateralized", "type": "definition", "offset": [7918, 7937]}, {"key": "notwithstanding-the-foregoing", "type": "clause", "offset": [7946, 7975]}, {"key": "the-borrower-shall", "type": "clause", "offset": [8042, 8060]}, {"key": "to-pay", "type": "clause", "offset": [8080, 8086]}, {"key": "allocated-to", "type": "definition", "offset": [8103, 8115]}, {"key": "the-loans", "type": "clause", "offset": [8246, 8255]}, {"key": "as-agreed", "type": "clause", "offset": [8459, 8468]}, {"key": "consent-of", "type": "clause", "offset": [8528, 8538]}, {"key": "any-other-person", "type": "definition", "offset": [8539, 8555]}], "snippet": "(a) Subject to and upon the terms and conditions herein set forth, each Lender having an Initial Term Loan Commitment severally agrees to make a loan or loans (each, an \u201cInitial Term Loan\u201d) to Merger Sub on the Closing Date, which Initial Term Loans shall not exceed for any such Lender the Initial Term Loan Commitment of such Lender and in the aggregate shall not exceed $500,000,000. Such Term Loans (i) may at the option of the Borrower be incurred and maintained as, and/or converted into, ABR Loans or LIBOR Loans; provided that all Term Loans made by each of the Lenders pursuant to the same Borrowing shall, unless otherwise specifically provided herein, consist entirely of Term Loans of the same Type, (ii) may be repaid or prepaid (without premium or penalty other than as set forth in Section 5.1(b)) in accordance with the provisions hereof, but once repaid or prepaid, may not be reborrowed, (iii) shall not exceed for any such Lender the Initial Term Loan Commitment of such Lender, and (iv) shall not exceed in the aggregate the Total Initial Term Loan Commitments. On the Initial Term Loan Maturity Date, all then unpaid Initial Term Loans shall be repaid in full in Dollars.\n(b) Subject to and upon the terms and conditions herein set forth each Revolving Credit Lender severally agrees to make Revolving Credit Loans denominated in Dollars to the Borrower from its applicable lending office (each, a \u201cRevolving Credit Loan\u201d) in an aggregate principal amount not to exceed at any time outstanding the amount of such Revolving Credit Lender\u2019s Revolving Credit Commitment, provided that any of the foregoing such Revolving Credit Loans (A) shall be made at any time and from time to time on and after the Closing Date and prior to the Revolving Credit Maturity Date, (B) may, at the option of the Borrower be incurred and maintained as, and/or converted into, ABR Loans or LIBOR Loans that are Revolving Credit Loans; provided that all Revolving Credit Loans made by each of the Lenders pursuant to the same Borrowing shall, unless otherwise specifically provided herein, consist entirely of Revolving Credit Loans of the same Type, (C) may be repaid (without premium or penalty) and reborrowed in accordance with the provisions hereof, (D) shall not, for any Lender at any time, after giving effect thereto and to the application of the proceeds thereof, result in such Revolving Credit Lender\u2019s Revolving Credit Exposure in respect of any Class of Revolving Loans at such time exceeding such Revolving Credit Lender\u2019s Revolving Credit Commitment in respect of such Class of Revolving Loan at such time and (E) shall not, after giving effect thereto and to the application of the proceeds thereof, result at any time in the aggregate amount of the Revolving Credit Lenders\u2019 Revolving Credit Exposures at such time exceeding the Total Revolving Credit Commitment then in effect or the aggregate amount of the Revolving Credit Lenders\u2019 Revolving Credit Exposures of any Class of Revolving Loans at such time exceeding the aggregate Revolving Credit Commitment with respect to such Class.\n(c) Subject to and upon the terms and conditions herein set forth, the Swingline Lender in its individual capacity agrees, at any time and from time to time on and after the Closing Date and prior to the Swingline Maturity Date, to make a loan or loans (each, a \u201cSwingline Loan\u201d and, collectively the \u201cSwingline Loans\u201d) to the Borrower, which Swingline Loans (i) shall be ABR Loans, (ii) shall have the benefit of the provisions of Section 2.1(d), (iii) shall not exceed at any time outstanding the Swingline Commitment, (iv) shall not, after giving effect thereto and to the application of the proceeds thereof, result at any time in the aggregate amount of the Revolving Credit Lenders\u2019 Revolving Credit Exposures at such time exceeding the Revolving Credit Commitment then in effect, and (v) may be repaid and reborrowed in accordance with the provisions hereof. On the Swingline Maturity Date, all Swingline Loans shall be repaid in full. The Swingline Lender shall not make any Swingline Loan after receiving a written notice from Holdings, the Borrower, the Administrative Agent or the Required Revolving Credit Lenders stating that a Default or Event of Default exists and is continuing until such time as the Swingline Lender shall have received written notice of (i) rescission of all such notices from the party or parties originally delivering such notice or (ii) the waiver of such Default or Event of Default in accordance with the provisions of Section 13.1.\n(d) On any Business Day, the Swingline Lender may, in its sole discretion, give notice to each Revolving Credit Lender that all then-outstanding Swingline Loans shall be funded with a Borrowing of Revolving Credit Loans, in which case (i) Revolving Credit Loans constituting ABR Loans shall be made on the immediately succeeding Business Day (each such Borrowing, a \u201cMandatory Borrowing\u201d) by each Revolving Credit Lender pro rata based on each Revolving Credit Lender\u2019s Revolving Credit Commitment Percentage, and the proceeds thereof shall be applied directly to the Swingline Lender to repay the Swingline Lender for such outstanding Swingline Loans. Each Revolving Credit Lender hereby irrevocably agrees to make such Revolving Credit Loans upon one Business Day\u2019s notice pursuant to each Mandatory Borrowing in the amount and in the manner specified in the preceding sentence and on the date specified to it in writing by the Swingline Lender notwithstanding (i) that the amount of the Mandatory Borrowing may not comply with the minimum amount for each Borrowing specified in Section 2.2, (ii) whether any conditions specified in Section 7 are then satisfied, (iii) whether a Default or an Event of Default has occurred and is continuing, (iv) the date of such Mandatory Borrowing, or (v) any reduction in the Total Revolving Credit Commitment after any such Swingline Loans were made. In the event that, in the sole judgment of the Swingline Lender, any Mandatory Borrowing cannot for any reason be made on the date otherwise required above (including as a result of the commencement of a proceeding under the Bankruptcy Code in respect of the Borrower), each Revolving Credit Lender hereby agrees that it shall forthwith purchase from the Swingline Lender (without recourse or warranty) such participation of the outstanding Swingline Loans as shall be necessary to cause the Lenders to share in such Swingline Loans ratably based upon their respective Revolving Credit Commitment Percentages; provided that all principal and interest payable on such Swingline Loans shall be for the account of the Swingline Lender until the date the respective participation is purchased and, to the extent attributable to the purchased participation, shall be payable to such Lender purchasing same from and after such date of purchase.\n(e) If the maturity date shall have occurred in respect of any tranche of Revolving Credit Commitments (the \u201cExpiring Credit Commitment\u201d) at a time when another tranche or tranches of Revolving Credit Commitments is or are in effect with a longer maturity date (each a \u201cNon-Expiring Credit Commitment\u201d and collectively, the \u201cNon-Expiring Credit Commitments\u201d), then with respect to each outstanding Swingline Loan, if consented to by the Swingline Lender (such consent not to be unreasonably withheld, conditioned or delayed), on the earliest occurring maturity date such Swingline Loan shall be deemed reallocated to the tranche or tranches of the Non-Expiring Credit Commitments on a pro rata basis; provided that (x) to the extent that the amount of such reallocation would cause the aggregate credit exposure to exceed the aggregate amount of such Non-Expiring Credit Commitments, immediately prior to such reallocation the amount of Swing Line Loans to be reallocated equal to such excess shall be repaid or Cash Collateralized and (y) notwithstanding the foregoing, if a Default or Event of Default has occurred and is continuing, the Borrower shall still be obligated to pay Swingline Loans allocated to the Revolving Credit Lenders holding the Expiring Credit Commitments at the maturity date of the Expiring Credit Commitment or if the Loans have been accelerated prior to the maturity date of the Expiring Credit Commitment. Upon the maturity date of any tranche of Revolving Credit Commitments, the sublimit for Swingline Loans may be reduced as agreed between the Swingline Lender and the Borrower, without the consent of any other Person.", "size": 409, "samples": [{"hash": "al3aP3iI7X5", "uri": "/contracts/al3aP3iI7X5#commitments", "label": "First Lien Credit Agreement (National Vision Holdings, Inc.)", "score": 28.742641449, "published": true}, {"hash": "hkUTiJqqVdd", "uri": "/contracts/hkUTiJqqVdd#commitments", "label": "First Lien Credit Agreement (National Vision Holdings, Inc.)", "score": 28.5400409698, "published": true}, {"hash": "d42F0DPIe24", "uri": "/contracts/d42F0DPIe24#commitments", "label": "First Lien Credit Agreement (National Vision Holdings, Inc.)", "score": 28.5208759308, "published": true}], "hash": "54b8dd6ce71e3cb80c0eaa6177961a57", "id": 2}, {"snippet_links": [{"key": "each-lender", "type": "clause", "offset": [0, 11]}, {"key": "the-terms-and-conditions", "type": "definition", "offset": [33, 57]}, {"key": "advances-to-the-borrower", "type": "clause", "offset": [93, 117]}, {"key": "participate-in", "type": "definition", "offset": [126, 140]}, {"key": "facility-lcs", "type": "clause", "offset": [141, 153]}, {"key": "the-request", "type": "clause", "offset": [166, 177]}, {"key": "of-the-borrower", "type": "clause", "offset": [178, 193]}, {"key": "each-case", "type": "definition", "offset": [198, 207]}, {"key": "from-time-to-time", "type": "clause", "offset": [208, 225]}, {"key": "period-from", "type": "definition", "offset": [237, 248]}, {"key": "date-hereof", "type": "clause", "offset": [253, 264]}, {"key": "commitment-termination-date", "type": "clause", "offset": [272, 299]}, {"key": "amount-not-to-exceed", "type": "clause", "offset": [317, 337]}, {"key": "in-effect", "type": "definition", "offset": [373, 382]}, {"key": "provided-that", "type": "clause", "offset": [402, 415]}, {"key": "no-advance", "type": "clause", "offset": [420, 430]}, {"key": "all-lenders", "type": "definition", "offset": [450, 461]}, {"key": "eurodollar-advance", "type": "clause", "offset": [558, 576]}, {"key": "aggregate-principal-amount", "type": "definition", "offset": [669, 695]}, {"key": "all-advances", "type": "clause", "offset": [699, 711]}, {"key": "pro-rata-share", "type": "definition", "offset": [758, 772]}, {"key": "outstanding-advances", "type": "definition", "offset": [814, 834]}, {"key": "lc-obligations", "type": "definition", "offset": [938, 952]}, {"key": "outstanding-credit-extensions", "type": "definition", "offset": [966, 995]}, {"key": "at-any-time", "type": "clause", "offset": [1006, 1017]}, {"key": "aggregate-commitment-amount", "type": "definition", "offset": [1029, 1056]}, {"key": "the-foregoing", "type": "definition", "offset": [1065, 1078]}, {"key": "subject-to-the", "type": "definition", "offset": [1090, 1104]}, {"key": "other-provisions", "type": "clause", "offset": [1105, 1121]}, {"key": "pursuant-to-section", "type": "clause", "offset": [1180, 1199]}, {"key": "prior-to-the", "type": "clause", "offset": [1228, 1240]}, {"key": "for-purposes-of-the", "type": "clause", "offset": [1294, 1313]}, {"key": "defaulting-lender", "type": "definition", "offset": [1359, 1376]}, {"key": "equal-to", "type": "definition", "offset": [1440, 1448]}, {"key": "sum-of", "type": "clause", "offset": [1527, 1533]}, {"key": "the-principal-amount", "type": "definition", "offset": [1538, 1558]}, {"key": "amount-of-cash-collateral", "type": "clause", "offset": [1621, 1646]}, {"key": "the-administrative-agent", "type": "definition", "offset": [1655, 1679]}, {"key": "the-account", "type": "clause", "offset": [1684, 1695]}], "snippet": "Each Lender severally agrees, on the terms and conditions hereinafter set forth, to (a) make Advances to the Borrower and (b) participate in Facility LCs issued upon the request of the Borrower, in each case from time to time during the period from the date hereof to the Commitment Termination Date, in an aggregate amount not to exceed such \u2587\u2587\u2587\u2587\u2587\u2587\u2019s Commitment Amount as in effect from time to time; provided that (i) no Advance may be made unless all Lenders have consented thereto as more fully provided in Section 3.02; (ii) no Advance may be made as a Eurodollar Advance unless all Lenders have consented thereto as more fully provided in Section 3.02; (iii) the aggregate principal amount of all Advances by such Lender shall not exceed such \u2587\u2587\u2587\u2587\u2587\u2587\u2019s Pro Rata Share of the aggregate principal amount of all outstanding Advances; (iv) such Lender\u2019s participation in Facility LCs shall not exceed such Lender\u2019s Pro Rata Share of all LC Obligations; and (v) the Outstanding Credit Extensions shall not at any time exceed the Aggregate Commitment Amount. Within the foregoing limits and subject to the other provisions hereof, the Borrower may from time to time borrow, prepay pursuant to Section 2.10 and reborrow hereunder prior to the Commitment Termination Date; provided, further, that for purposes of the foregoing clause (v), at any time there is a Defaulting Lender, the Aggregate Commitment Amount shall be reduced by an amount equal to the remainder of (A) such Defaulting Lender\u2019s Commitment Amount minus (B) the sum of (x) the principal amount of such Defaulting Lender\u2019s outstanding Advances plus (y) the amount of cash collateral held by the Administrative Agent for the account of such Defaulting Lender pursuant to Section 2.16.12.", "size": 191, "samples": [{"hash": "j48rYoknxQq", "uri": "/contracts/j48rYoknxQq#commitments", "label": "Credit Agreement", "score": 29.9805679321, "published": true}, {"hash": "e68q3Oxq16U", "uri": "/contracts/e68q3Oxq16U#commitments", "label": "Credit Agreement", "score": 29.2942237854, 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"type": "clause", "offset": [472, 487]}, {"key": "dollar-revolving-credit-commitment", "type": "definition", "offset": [492, 526]}, {"key": "termination-of-the", "type": "clause", "offset": [550, 568]}, {"key": "in-accordance-with", "type": "definition", "offset": [619, 637]}, {"key": "aggregate-principal-amount", "type": "definition", "offset": [662, 688]}, {"key": "revolving-credit-lender", "type": "definition", "offset": [742, 765]}, {"key": "dollar-revolving-credit-exposure", "type": "clause", "offset": [768, 800]}, {"key": "multicurrency-revolving-loans", "type": "definition", "offset": [878, 907]}, {"key": "alternative-currency", "type": "clause", "offset": [943, 963]}, {"key": "multicurrency-revolving-credit-commitment", "type": "definition", "offset": [1120, 1161]}, {"key": "multicurrency-revolving-credit-exposure", "type": "definition", "offset": [1411, 1450]}, {"key": "conditions-and-limitations", "type": "clause", "offset": [1598, 1624]}, {"key": "in-respect-of", "type": "definition", "offset": [1736, 1749]}, {"key": "incremental-revolving-credit-commitment", "type": "definition", "offset": [1810, 1849]}, {"key": "the-conditions", "type": "clause", "offset": [1920, 1934]}, {"key": "the-applicable", "type": "clause", "offset": [1959, 1973]}, {"key": "incremental-revolving-credit-assumption-agreement", "type": "definition", "offset": [1974, 2023]}, {"key": "incremental-revolving-loans", "type": "clause", "offset": [2033, 2060]}, {"key": "incremental-revolving-credit-exposure", "type": "definition", "offset": [2173, 2210]}, {"key": "incremental-term-loan-commitment", "type": "definition", "offset": [2508, 2540]}, {"key": "incremental-term-loan-assumption-agreement", "type": "clause", "offset": [2665, 2707]}, {"key": "incremental-term-loans", "type": "definition", "offset": [2717, 2739]}], "snippet": "(a) Subject to the terms and conditions set forth herein, each Lender agrees, severally and not jointly, (i) to make a Tranche D Term Loan, in Dollars, to the Borrower on the Second Restatement Date, in a principal amount not to exceed its Tranche D Term Loan Commitment, (ii) to make Dollar Revolving Loans to the Borrower, in Dollars, at any time and from time to time on or after the Second Restatement Date, and until the earlier of the Revolving Credit Maturity Date with respect to the Dollar Revolving Credit Commitment of such Lender and the termination of the Dollar Revolving Credit Commitment of such Lender in accordance with the terms hereof, in an aggregate principal amount at any time outstanding that will not result in such Revolving Credit Lender\u2019s Dollar Revolving Credit Exposure exceeding such Lender\u2019s Dollar Revolving Credit Commitment and (iii) to make Multicurrency Revolving Loans to the Borrower, in Dollars or any Alternative Currency, at any time and from time to time on or after the Second Restatement Date, and until the earlier of the Revolving Credit Maturity Date with respect to the Multicurrency Revolving Credit Commitment of such Lender and the termination of the Multicurrency Revolving Credit Commitment of such Lender in accordance with the terms hereof, in an aggregate principal amount at any time outstanding that would not result in such Revolving Credit Lender\u2019s Multicurrency Revolving Credit Exposure exceeding such Lender\u2019s Multicurrency Revolving Credit Commitment. Within the limits set forth in the preceding sentence and subject to the terms, conditions and limitations set forth herein, the Borrower may borrow, pay or prepay and reborrow Revolving Loans. Amounts paid or prepaid in respect of Term Loans may not be reborrowed.\n(b) Each Lender having an Incremental Revolving Credit Commitment hereby agrees, severally and not jointly, on the terms and subject to the conditions set forth herein and in the applicable Incremental Revolving Credit Assumption Agreement, to make Incremental Revolving Loans to the Borrower, in an aggregate principal amount at any time outstanding that will not result in such Lender\u2019s Incremental Revolving Credit Exposure exceeding such Lender\u2019s Incremental Revolving Credit Commitment. Within the limits set forth in the preceding sentence and subject to the terms, conditions and limitations set forth herein, the Borrower may borrow, pay or prepay and reborrow Incremental Revolving Loans.\n(c) Each Lender having an Incremental Term Loan Commitment hereby agrees, severally and not jointly, on the terms and subject to the conditions set forth herein and in the applicable Incremental Term Loan Assumption Agreement, to make Incremental Term Loans to the Borrower, in an aggregate principal amount not to exceed its Incremental Term Loan Commitment. Amounts paid or prepaid in respect of Incremental Term Loans may not be reborrowed.", "size": 227, "samples": [{"hash": "6eIvE4S6LOu", "uri": "/contracts/6eIvE4S6LOu#commitments", "label": "Incremental Revolving Credit Assumption Agreement (TransDigm Group INC)", "score": 35.1574249268, "published": true}, {"hash": "juVq3CvHHvm", "uri": "/contracts/juVq3CvHHvm#commitments", "label": "Incremental Term Loan Assumption Agreement (TransDigm Group INC)", "score": 34.905544281, "published": true}, {"hash": "1rnbRdN6DaY", "uri": "/contracts/1rnbRdN6DaY#commitments", "label": "Credit Agreement (TransDigm Group INC)", "score": 34.598903656, "published": true}], "hash": "447996b3515e35030167aeab23c9c7bc", "id": 6}, {"snippet_links": [{"key": "the-terms-and-conditions", "type": "definition", "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": [97, 112]}, {"key": "from-time-to-time", "type": "clause", "offset": [124, 141]}, {"key": "availability-period", "type": "definition", "offset": [153, 172]}, {"key": "aggregate-principal-amount", "type": "definition", "offset": [179, 205]}, {"key": "sum-of", "type": "clause", "offset": [320, 326]}, {"key": "total-revolving-credit-exposures", "type": "definition", "offset": [331, 363]}, {"key": "aggregate-commitment", "type": "definition", "offset": [378, 398]}, {"key": "provided-that", "type": "clause", "offset": [400, 413]}, {"key": "it-is-understood-and-agreed-that", "type": "definition", "offset": [414, 446]}, {"key": "prior-to-the", "type": "clause", "offset": [452, 464]}, {"key": "restatement-effective-date", "type": "definition", "offset": [465, 491]}, {"key": "existing-credit-agreement", "type": "clause", "offset": [564, 589]}, {"key": "outstanding-loans", "type": "clause", "offset": [658, 675]}, {"key": "existing-loans", "type": "clause", "offset": [714, 728]}, {"key": "in-this-agreement", "type": "definition", "offset": [782, 799]}, {"key": "each-of-the-lenders", "type": "clause", "offset": [814, 833]}, {"key": "satisfaction-of", "type": "clause", "offset": [898, 913]}, {"key": "other-transactions", "type": "definition", "offset": [935, 953]}, {"key": "loans-shall", "type": "definition", "offset": [994, 1005]}, {"key": "terms-of-the", "type": "clause", "offset": [1066, 1078]}, {"key": "by-this-agreement", "type": "clause", "offset": [1153, 1170]}, {"key": "loans-hereunder", "type": "clause", "offset": [1510, 1525]}, {"key": "loans-to-borrower", "type": "clause", "offset": [1756, 1773]}, {"key": "outstanding-revolving-loans", "type": "definition", "offset": [1818, 1845]}, {"key": "applicable-percentage", "type": "clause", "offset": [1881, 1902]}, {"key": "aggregate-revolving-loans", "type": "definition", "offset": [1910, 1935]}, {"key": "the-foregoing", "type": "definition", "offset": [1978, 1991]}], "snippet": "Subject to the terms and conditions set forth herein, each Lender agrees to make Revolving Loans to the Borrower in Dollars from time to time during the Availability Period in an aggregate principal amount that will not result in (a) such Lender\u2019s Revolving Credit Exposure exceeding such Lender\u2019s Commitment or (b) the sum of the total Revolving Credit Exposures exceeding the Aggregate Commitment; provided that it is understood and agreed that, (x) prior to the Restatement Effective Date, certain revolving loans were previously made to the Borrower under the Existing Credit Agreement which remain outstanding as of the Restatement Effective Date (such outstanding loans being hereinafter referred to as the \u201cExisting Loans\u201d), (y) subject to the terms and conditions set forth in this Agreement, Borrower and each of the Lenders agree that on the Restatement Effective Date but subject to the satisfaction of the reallocation and other transactions described in Section 1.06, the Existing Loans shall be reevidenced as Revolving Loans under this Agreement, the terms of the Existing Loans shall be restated in their entirety and shall be evidenced by this Agreement, and (z) subject to the terms and conditions set forth herein, each Lender severally and not jointly agrees to the reallocation and other transactions described in Section 1.06 and (other than any Lender holding Existing Loans in an amount not less than its Commitment under this Agreement, which Existing Loans shall constitute Revolving Loans hereunder) agrees to purchase, on the Restatement Effective Date, from any Lender under the Existing Credit Agreement such Existing Loans (which, following such purchase, shall be Revolving Loans hereunder) and to make additional Revolving Loans to Borrower as is necessary to cause each such Lender\u2019s outstanding Revolving Loans hereunder to reflect such Lender\u2019s Applicable Percentage of the aggregate Revolving Loans on the Restatement Effective Date. Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrower may borrow, prepay and reborrow Revolving Loans.", "size": 223, "samples": [{"hash": "2SIuWnItLVt", "uri": "/contracts/2SIuWnItLVt#commitments", "label": "Credit Agreement (Ugi Corp /Pa/)", "score": 31.1875419617, "published": true}, {"hash": "aRUNIfC9zRH", "uri": "/contracts/aRUNIfC9zRH#commitments", "label": "Credit Agreement (Ugi Corp /Pa/)", "score": 30.6153316498, "published": true}, {"hash": "dz2o4gsds22", "uri": "/contracts/dz2o4gsds22#commitments", "label": "Credit Agreement (Ugi Corp /Pa/)", "score": 27.1711158752, "published": true}], "hash": "9a77142b2635bfb4202dd953de40d5ec", "id": 7}, {"snippet_links": [{"key": "terms-and-conditions-of-this-agreement", "type": "clause", "offset": [22, 60]}, {"key": "each-of-the-lenders", "type": "clause", "offset": [62, 81]}, {"key": "agrees-to", "type": "clause", "offset": [115, 124]}, {"key": "loans-to", "type": "clause", "offset": [130, 138]}, {"key": "to-issue", "type": "clause", "offset": [144, 152]}, {"key": "in-letters-of-credit", "type": "clause", "offset": [168, 188]}, {"key": "the-account", "type": "clause", "offset": [193, 204]}, {"key": "the-company", "type": "clause", "offset": [209, 220]}], "snippet": "On and subject to the terms and conditions of this Agreement, each of the Lenders, severally and for itself alone, agrees to make loans to, and to issue or participate in letters of credit for the account of, the Company as follows:", "size": 192, "samples": [{"hash": "hpx7bd82l8Z", "uri": "/contracts/hpx7bd82l8Z#commitments", "label": "Credit Agreement (Andalusian Credit Company, LLC)", "score": 35.9616699219, "published": true}, {"hash": "gpHRKoFUfio", "uri": "/contracts/gpHRKoFUfio#commitments", "label": "Credit Agreement (Jefferies Credit Partners BDC Inc.)", "score": 35.7953453064, "published": true}, {"hash": "1IKgXepyTtX", "uri": "/contracts/1IKgXepyTtX#commitments", "label": "Credit Agreement 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"offset": [389, 402]}, {"key": "aggregate-revolving-exposure", "type": "definition", "offset": [515, 543]}, {"key": "aggregate-revolving-commitments", "type": "clause", "offset": [558, 589]}, {"key": "outstanding-revolving-loans", "type": "definition", "offset": [630, 657]}, {"key": "lc-exposure", "type": "definition", "offset": [662, 673]}, {"key": "each-case", "type": "definition", "offset": [678, 687]}, {"key": "in-foreign-currencies", "type": "clause", "offset": [700, 721]}, {"key": "foreign-currency-sublimit", "type": "definition", "offset": [737, 762]}, {"key": "the-foregoing", "type": "definition", "offset": [771, 784]}, {"key": "term-lender", "type": "definition", "offset": [975, 986]}, {"key": "a-term-loan", "type": "definition", "offset": [1030, 1041]}, {"key": "on-the-effective-date", "type": "clause", "offset": [1070, 1091]}, {"key": "amount-not-to-exceed", "type": "clause", "offset": [1108, 1128]}, {"key": "term-loan-commitment", "type": "clause", "offset": [1143, 1163]}, {"key": "available-to", "type": "definition", "offset": [1203, 1215]}, {"key": "the-administrative-agent", "type": "definition", "offset": [1216, 1240]}, {"key": "designated-account", "type": "clause", "offset": [1243, 1261]}, {"key": "amounts-prepaid", "type": "clause", "offset": [1325, 1340]}, {"key": "in-respect-of", "type": "definition", "offset": [1351, 1364]}, {"key": "term-loans", "type": "definition", "offset": [1365, 1375]}], "snippet": "(a) Subject to the terms and conditions set forth herein, each Revolving Lender severally (and not jointly) agrees to make Revolving Loans in Agreed Currencies to the Borrower from time to time during the Availability Period in an aggregate principal amount that will not result (after giving effect to any application of proceeds of such Borrowing pursuant to Section 2.10(a)) in (i) the Dollar Amount of such Lender\u2019s Revolving Exposure exceeding such Lender\u2019s Revolving Commitment, (ii) the Dollar Amount of the Aggregate Revolving Exposure exceeding the aggregate Revolving Commitments or (iii) the Dollar Amount of the total outstanding Revolving Loans and LC Exposure, in each case denominated in Foreign Currencies, exceeding the Foreign Currency Sublimit. Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrower may borrow, prepay and reborrow Revolving Loans.\n(b) Subject to the terms and conditions set forth herein, each Term Lender severally (and not jointly) agrees to make a Term Loan in dollars to the Borrower, on the Effective Date, in a principal amount not to exceed such Lender\u2019s Term Loan Commitment, by making immediately available funds available to the Administrative Agent\u2019s designated account not later than the time specified by the Administrative Agent. Amounts prepaid or repaid in respect of Term Loans may not be reborrowed.", "size": 182, "samples": [{"hash": "3Jl8jQHZmmx", "uri": "/contracts/3Jl8jQHZmmx#commitments", "label": "Credit Agreement (Papa Johns International Inc)", "score": 30.3442840576, "published": true}, {"hash": "c9vZesl121L", "uri": "/contracts/c9vZesl121L#commitments", "label": "Credit Agreement (Papa Johns International Inc)", "score": 29.8459949493, "published": true}, {"hash": "4COTg1We38D", "uri": "/contracts/4COTg1We38D#commitments", "label": "Credit Agreement (Papa Johns International Inc)", "score": 29.7748126984, "published": true}], "hash": "6c0df50bb9e8ed964f8e708f3e0c122e", "id": 10}], "next_curs": "ClQSTmoVc35sYXdpbnNpZGVyY29udHJhY3RzcjALEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhRjb21taXRtZW50cyMwMDAwMDAwYQyiAQJlbhgAIAA=", "clause": {"title": "Commitments", "children": [["revolving-loans", "Revolving Loans"], ["", ""], ["term-loans", "Term Loans"], ["fees", "Fees"], ["loans", "Loans"]], "size": 16403, "parents": [["the-credits", "The Credits"], ["miscellaneous", "Miscellaneous"], ["amount-and-terms-of-credit", "Amount and Terms of Credit"], ["amount-and-terms-of-commitments", "Amount and Terms of Commitments"], ["the-loans", "The Loans"]], "id": "commitments", "related": [["other-commitments", "Other Commitments", "Other <strong>Commitments</strong>"], ["no-commitments", "No Commitments", "No <strong>Commitments</strong>"], ["commitment", "Commitment", "Commitment"], ["capital-commitments", "Capital Commitments", "Capital <strong>Commitments</strong>"], ["revolving-commitments", "Revolving Commitments", "Revolving <strong>Commitments</strong>"]], "related_snippets": [], "updated": "2026-05-06T04:38:42+00:00", "also_ask": ["What are the essential elements that must be included in a commitments clause to ensure enforceability?", "How can the scope of commitments be strategically limited or expanded during negotiations?", "What are the most common risks or pitfalls associated with poorly drafted commitments clauses?", "How do courts typically interpret and enforce commitments clauses in the relevant jurisdiction?", "How do commitments clauses in this agreement compare to industry standards or similar contracts?"], "drafting_tip": "Specify each party\u2019s commitments precisely to prevent misunderstandings, set measurable standards to facilitate enforcement, and include timeframes to ensure timely performance.", "explanation": "A commitments clause outlines the specific obligations and promises that each party agrees to fulfill under the contract. It typically details the actions, deliverables, or standards of performance required, such as providing services, making payments, or adhering to timelines. By clearly defining these responsibilities, the clause ensures that all parties understand their duties, thereby reducing the risk of misunderstandings and disputes."}, "json": true, "cursor": ""}}