Committed Advances. The Borrowers shall repay to the Agent for the ratable accounts of the Lenders on the Termination Date the unpaid principal amount of the Committed Advances then outstanding.
Committed Advances. From and including the date of this Agreement and prior to the Termination Date, each Lender severally agrees, on the terms and conditions set forth in this Agreement, to make Committed Loans to the Borrowers from time to time in Dollar Amounts not to exceed in the aggregate at any one time outstanding to all Borrowers the amount of such Lender's Commitment. Each Committed Advance hereunder shall consist of borrowings made from the several Lenders ratably in proportion to the ratio that their respective Commitments bear to the Aggregate Commitment. The Committed Advances shall be evidenced by the Notes and shall be repaid as provided by the terms of Section 2.1.2.
Committed Advances. From and including the Closing Date and prior to the Termination Date, each Lender severally agrees, on the terms and conditions set forth in this Credit Agreement and notwithstanding the amount of Competitive Bid Loans and Fronted Loans made by such Lender, to make Committed Loans to the Borrowers from time to time in amounts the Dollar Amount of which shall not exceed in the aggregate at any one time outstanding the amount of its Commitment. Each Committed Advance hereunder shall consist of borrowings made from the several Lenders ratably in proportion to the ratio that their respective Commitments bear to the Aggregate Commitment. The Committed Advances shall be repaid as provided by the terms of Sections 2.02 and 2.03(g).
Committed Advances. Each Bank agrees, severally but not jointly, on the terms and subject to the conditions hereinafter set forth, to make Advances to the Borrower from time to time during the period from the date hereof to and including the Commitment Termination Date in an aggregate amount not to exceed at any time outstanding that Bank’s Commitment Amount, less that Bank’s Percentage of the sum of the then-outstanding L/C Amount. Within the limits of each Bank’s Commitment Amount, the Borrower may borrow, prepay pursuant to Section 2.11 and reborrow under this Section 2.1. The Advances made by each Bank under this Section 2.1 shall be evidenced by and repayable with interest in accordance with a single promissory note of the Borrower (each, a “Note”) payable to the order of that Bank, substantially in the form of Exhibit B hereto, dated the date hereof. The Notes shall bear interest on the unpaid principal amount thereof from the date thereof until paid as set forth in Section 2.3.
Committed Advances. Each Borrower shall repay to the Agent for the ratable account of each Lender on the Termination Date applicable to such Lender the aggregate principal amount of the Committed Advances made by such Lender and then outstanding in respect of such Borrower.
Committed Advances. Each Committed Advance hereunder shall consist of borrowings made from the several Lenders ratably in proportion to their respective Percentage. The Committed Loans made by each Lender shall be evidenced by a Committed Note if requested in writing by such Lender.
Committed Advances. Each Lender severally agrees, on the terms and conditions set forth in this Credit Agreement to make Committed Loans to the Borrowers from time to time, from and including the Effective Date and prior to the Termination Date applicable to such Lender, in amounts the Dollar Amount of which shall not exceed in the aggregate at any one time outstanding the amount of its Commitment. Each Committed Advance hereunder shall consist of borrowings made from the several Lenders ratably in proportion to the ratio that their respective Commitments bear to the Aggregate Commitment. The Committed Advances shall be repaid as provided by the terms of Sections 2.02 and 2.03(g).
Committed Advances. From and including the date of this Credit Agreement and prior to the Termination Date, each Lender severally agrees, on the terms and conditions set forth in this Credit Agreement and notwithstanding the amount of Competitive Bid Loans made by such Lender, to make Committed Loans to the Borrowers from time to time in amounts the Dollar Amount of which shall not exceed in the aggregate at any one time outstanding the amount of its Commitment. Each Committed Advance hereunder shall consist of borrowings made from the several Lenders ratably in proportion to the ratio that their respective Commitments bear to the Aggregate Commitment. The Committed Advances shall be repaid as provided by the terms of Sections 2.02 and 2.03(g).
Committed Advances. Each Bank agrees, severally but not jointly, on the terms and subject to the conditions hereinafter set forth, to make Advances to the Borrower from time to time during the period from the date hereof to and including the Commitment Termination Date in an aggregate amount not to exceed at any time outstanding that Bank’s Commitment Amount, less that Bank’s Percentage of the sum of the then-outstanding L/C Amount. Within the limits of each Bank’s Commitment Amount, the Borrower may borrow, prepay pursuant to Section 2.11 and reborrow under this Section 2.1. If the Borrower so elects by delivery of a written notice to the Agent at least three (3), but not more than ten (10), Business Days prior to the date of the then current Commitment Termination Date, then on such Commitment Termination Date (the “Loan Conversion Date”), (i) the Borrower’s option to borrow additional Advances shall terminate, (ii) the Commitments shall be terminated, (iii) unless otherwise agreed by each Bank in writing, the Borrower shall deposit in the Cash Collateral Account, on the Loan Conversion Date, an amount equal to the then-applicable L/C Amount, less the balance (if any) then outstanding in the Cash Collateral Account and (iv) the then outstanding principal amount of the Advances shall be converted to a term loan (the “Term Loan”) which shall, in the case of each Bank, be in the amount of such Bank’s outstanding Advances on such date, and which shall be due and payable in full, together with accrued interest and all other Obligations, on the Term Loan Maturity Date, with any prepayment thereof to be made subject to Section 2.11; provided, that no such conversion shall occur if a Default or Event of Default has occurred and is continuing either on the date of delivery of such notice or on the Loan Conversion Date. Amounts repaid or prepaid following the Loan Conversion Date may not be reborrowed. If such term loan conversion has not previously been completed, then on the Commitment Termination Date then in effect, the Commitments shall be terminated and all of the Advances and other Obligations shall be due and payable. The Advances made by each Bank under this Section 2.1 shall be evidenced by and repayable with interest in accordance with a single promissory note of the Borrower (each, a “Note”) payable to the order of that Bank, substantially in the form of Exhibit B hereto, dated the date hereof. Each Advance shall bear interest on the unpaid principal amount thereof from t...
Committed Advances. From and including the date of this Agreement and prior to the Termination Date, each Lender severally agrees, on the terms and conditions set forth in this Agreement, to make Committed Loans to the Borrowers from time to time in Dollar Amounts not to exceed in the aggregate at any one time outstanding to all Borrowers the amount of such Lender's Commitment less the aggregate Dollar Amount, at such time, of such Lender's Letter of Credit Liabilities. Each Committed Advance hereunder shall consist of borrowings made from the several Lenders ratably in proportion to the ratio that their respective Commitments bear to the Aggregate Commitment. The Committed Advances shall be evidenced by the Notes and shall be repaid as provided by the terms of Section 2.1.2.
