Common use of Committed Loans Clause in Contracts

Committed Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Committed Loan”) (a) to the Company in Dollars and (b) to the Finnish Borrower or another Designated Borrower in Dollars or Euro, in each case from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that after giving effect to any Committed Borrowing, (1) the Total Outstandings shall not exceed the Aggregate Commitments, (2) the aggregate Outstanding Amount of the Committed Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Commitment and (3) the Aggregate Outstanding Amount of all Loans made in Alternative Currencies shall not exceed the Alternative Currency Sublimit. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrowers may borrow under this Section 2.01, prepay under Section 2.05, and reborrow under this Section 2.01. Committed Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein. Alternative Currency Loans shall be Eurocurrency Loans, as further provided herein.

Appears in 3 contracts

Samples: Credit Agreement (Perkinelmer Inc), Credit Agreement (Perkinelmer Inc), Credit Agreement (Perkinelmer Inc)

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Committed Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Committed Loan”) (a) to the Company in Dollars and (b) to the Finnish Borrower or another Designated Borrower Borrowers in Dollars or Euro, in each case one or more Alternative Currencies from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that after giving effect to any Committed Borrowing, (1i) the Total Outstandings shall not exceed the Aggregate Commitments, (2ii) the aggregate Outstanding Amount of Total Outstandings denominated in Alternative Currencies shall not exceed the Committed Loans Alternative Currency Sublimit, (iii) the Revolving Credit Exposure of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans Lender shall not exceed such Lender’s Commitment and (3iv) the Aggregate Outstanding Amount Total Outstandings of all Loans made in Alternative Currencies Designated Borrowers that are Foreign Subsidiaries of the Company shall not exceed the Alternative Currency Foreign Designated Borrower Sublimit. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrowers may borrow under this Section 2.01, prepay under Section 2.05, and reborrow under this Section 2.01. Committed Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein. Alternative Currency Loans shall be Eurocurrency Loans, as further provided herein.

Appears in 3 contracts

Samples: Credit Agreement (McKesson Corp), Credit Agreement (McKesson Corp), Credit Agreement (McKesson Corp)

Committed Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans in Available Currencies (each such loan, a “Committed Loan”) (a) to the Company in Dollars and (b) to the Finnish Borrower or another Designated Borrower in Dollars or Euro, in each case Loan Parties from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that after giving effect to any Committed Borrowing, (1i) the Total Outstandings shall not exceed the Aggregate Commitments, (2ii) the Dollar Equivalent of the aggregate Outstanding Amount outstanding principal amount of the Foreign Currency Committed Loans denominated in Mexican Pesos shall not exceed the Peso Sublimit and (iii) the Dollar Equivalent of the aggregate outstanding principal amount of the Committed Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans Lender shall not exceed such Lender’s Commitment and (3) the Aggregate Outstanding Amount of all Loans made in Alternative Currencies shall not exceed the Alternative Currency SublimitCommitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrowers Loan Parties may borrow under this Section 2.01, prepay under Section 2.05, and reborrow under this Section 2.01. Committed Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Eurodollar Rate Committed Loans, as further provided herein. Alternative Currency Committed Loans denominated in Permitted Foreign Currencies shall be Eurocurrency Eurodollar Rate Committed Loans, as further provided herein.

Appears in 2 contracts

Samples: Credit Agreement (Alberto Culver Co), Credit Agreement (New Aristotle Holdings, Inc.)

Committed Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Committed Loan”) (a) to the Company in Dollars and (b) to the Finnish Borrower or another Designated Borrower Borrowers in Dollars or Euro, in each case one or more Alternative Currencies from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that after giving effect to any Committed Borrowing, (1i) the Total Outstandings shall not exceed the Aggregate Commitments, (2ii) the aggregate Outstanding Amount of the Committed Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Commitment and (3iii) the Aggregate aggregate Outstanding Amount of all Committed Loans made denominated in Alternative Currencies (other than Euro and Sterling, either of which shall be available in an amount up to the unused Aggregate Commitments) shall not exceed the Alternative Currency Sublimit. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrowers may borrow under this Section 2.01, prepay under Section 2.05, and reborrow under this Section 2.01. Committed Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein. Alternative Currency Loans shall be Eurocurrency Loans, as further provided herein.

Appears in 2 contracts

Samples: Credit Agreement (Avnet Inc), Credit Agreement (Avnet Inc)

Committed Loans. Subject to the terms and conditions set forth herein, each US Lender severally agrees to make loans (each such loan, a “Committed Loan”) (a) to the Company in Dollars and (b) to the Finnish Borrower or another Designated US Borrower in Dollars or Euro, in each case one or more Alternative Currencies from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such US Lender’s Commitment; provided, however, that after giving effect to any Committed Borrowing, (1i) the US Total Outstandings shall not exceed the Aggregate Commitments, and (2ii) the aggregate Outstanding Amount of the Committed Loans of any US Lender, plus such US Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such US Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such US Lender’s Commitment Commitment, and (3iii) the Aggregate aggregate Outstanding Amount of all Committed Loans made denominated in Alternative Currencies shall not exceed the Alternative Currency Sublimit. Within the limits of each US Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrowers US Borrower may borrow under this Section 2.01, prepay under Section 2.052.06, and reborrow under this Section 2.01. Committed Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein. Alternative Currency Loans shall be Eurocurrency Loans, as further provided herein.

Appears in 2 contracts

Samples: Credit Agreement (Schnitzer Steel Industries Inc), Credit Agreement (Schnitzer Steel Industries Inc)

Committed Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a "Committed --------- Loan”) (a") to the Company in Dollars and (b) to the Finnish Borrower one or another Designated Borrower in Dollars or Euro, in each case more Borrowers from time to time, time on any Business Day during the Availability Period---- period from the Closing Date to the Maturity Date, in an aggregate Dollar Equivalent amount not to exceed at any time outstanding the amount of such Lender’s 's Commitment; provided, however, that after giving effect to any -------- ------- Committed BorrowingLoan, (1i) the Total Outstandings aggregate Outstanding Amount of all Loans and L/C Obligations shall not exceed the Aggregate Available Commitments, and (2ii) the aggregate Outstanding Amount of the Committed Loans of any Lender, plus such Lender’s Applicable Percentage 's Pro Rata Share of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage 's Pro Rata Share of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Commitment and (3) the Aggregate Outstanding Amount of all Loans made in Alternative Currencies shall not exceed the Alternative Currency Sublimit's Commitment. Within the limits of each Lender’s 's Commitment, and subject to the other terms and conditions hereof, the Borrowers may borrow under this Section 2.01, prepay under Section 2.05, and reborrow ------------ ------------ under this Section 2.01. Committed Loans denominated in Dollars may be Base Rate Loans or Eurocurrency ------------ Rate Loans, as further provided herein. Alternative Currency Loans shall be Eurocurrency Loans, as further provided herein."

Appears in 2 contracts

Samples: Credit Agreement (Artesyn Technologies Inc), Credit Agreement (Artesyn Technologies Inc)

Committed Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans under the Term Loan Facility and the Revolving Credit Facility (each such loan, a “Committed Loan”) (a) to the Company in Dollars and (b) to the Finnish Borrower or another Designated Borrower in Dollars or Euro, in each case from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that after giving effect to any Committed Borrowing, (1i) the Total Outstandings shall not exceed the Aggregate CommitmentsUnencumbered Pool Value, (2ii) the aggregate outstanding balance under the Term Loan Facility shall not exceed the Term Loan Commitment Amount, (iv) the aggregate amount outstanding under the Revolving Credit Facility shall not exceed the Revolving Commitment Amount, and (v) the aggregate Outstanding Amount of the Committed Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans Lender shall not exceed such Lender’s Commitment and (3) the Aggregate Outstanding Amount of all Loans made in Alternative Currencies shall not exceed the Alternative Currency SublimitCommitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrowers Borrower may borrow amounts under the Revolving Credit Facility pursuant to this Section 2.01, prepay under Section 2.05, and reborrow under this Section 2.01. Amounts borrowed under the Term Loan Facility may be prepaid under Section 2.05, but may not be reborrowed hereunder. Committed Loans denominated in Dollars may be Base Rate Loans or Eurocurrency LIBOR Rate Loans, as further provided herein. Alternative Currency Loans shall be Eurocurrency Loans, as further provided herein.

Appears in 2 contracts

Samples: Credit Agreement (CNL Healthcare Properties, Inc.), Credit Agreement (CNL Healthcare Properties, Inc.)

Committed Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Committed Loan”) (a) to the Company in Dollars and (b) to the Finnish each Borrower or another Designated Borrower in Dollars or Euro, in each case from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that after giving effect to any Committed Borrowing, (1i) the Total Outstandings shall not exceed the Aggregate Commitments, (2ii) the Outstanding Amount of all Loans and L/C Obligations attributable to WIC shall not exceed the WIC Sublimit, (iii) the Outstanding Amount of all Loans and L/C Obligations attributable to each Additional Borrower shall not exceed the applicable Additional Borrower Sublimit, and (iv) the aggregate Outstanding Amount of the Committed Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Commitment and (3) the Aggregate Outstanding Amount of all Loans made in Alternative Currencies shall not exceed the Alternative Currency SublimitCommitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrowers each Borrower may borrow under this Section 2.01, prepay under Section 2.05, and reborrow under this Section 2.01. Committed Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Eurodollar Rate Loans, as further provided herein. Alternative Currency Loans shall be Eurocurrency Loans, as further provided herein.

Appears in 2 contracts

Samples: Credit Agreement (El Paso Pipeline Partners, L.P.), Credit Agreement (El Paso Pipeline Partners, L.P.)

Committed Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Committed Loan”) (a) to the Company in Dollars and (b) to the Finnish Borrower or another Designated Borrower in Dollars or Euro, in each case from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed exceed, at any time time, the lesser of (a) the outstanding the amount of such Lender’s Commitment, and (b) such Lender’s Applicable Percentage of the Borrowing Base; provided, however, that after giving effect to any Committed Borrowing, (1i) the Total Outstandings shall not exceed the lesser of (A) the Aggregate CommitmentsCommitments and (B) the Borrowing Base, and (2ii) the aggregate Outstanding Amount of the Committed Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Commitment and (3) the Aggregate Outstanding Amount of all Loans made in Alternative Currencies Loans, shall not exceed the Alternative Currency Sublimitlesser of (A) such Lender’s Commitment, and (B) such Lender’s Applicable Percentage of the Borrowing Base. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrowers Borrower may borrow under this Section 2.01, prepay under Section 2.05, and reborrow under this Section 2.01. Committed Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Eurodollar Rate Loans, as further provided herein. Alternative Currency Loans shall be Eurocurrency Loans, as further provided herein.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Western Refining, Inc.), Revolving Credit Agreement (Western Refining, Inc.)

Committed Loans. (a) Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans in Dollars or in an Optional Currency (each such loan, a “Committed Loan”) (a) to the Company in Dollars and (b) to the Finnish Borrower or another Designated Borrower in Dollars or Euro, in each case from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that after giving effect to any Committed Borrowing, (1i) the Total Outstandings shall not exceed the Aggregate Commitments, and (2ii) the aggregate Outstanding Amount of the Committed Loans of any Lender, plus such Lender’s Applicable Percentage Pro Rata Share of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage Pro Rata Share of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Commitment and (3) the Aggregate Outstanding Amount of all Loans made in Alternative Currencies shall not exceed the Alternative Currency SublimitCommitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrowers Borrower may borrow under this Section 2.012.1, prepay under Section 2.052.5, and reborrow under this Section 2.012.1. Committed Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein. Alternative Currency Loans Neither Administrative Agent nor any Lender shall be Eurocurrency Loansresponsible for the Commitment of any other Lender, as further provided hereinnor will the failure of any Lender to perform its obligations under its Commitment in any way relieve any other Lender from performing its obligations under its Commitment.

Appears in 1 contract

Samples: Credit Agreement (Micros Systems Inc)

Committed Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Committed Loan”) (a) to the Company in Dollars and (b) to the Finnish Borrower or another Designated Borrower Borrowers in Dollars or Euro, in each case one or more Alternative Currencies from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, howeverthat, that after giving effect to any Committed Borrowing, (1a) the Total Outstandings shall not exceed the Aggregate Commitments, (2b) the aggregate Outstanding Amount of the Committed Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Commitment and Commitment, (3c) the Aggregate aggregate Outstanding Amount of all Committed Loans made to the Designated Borrowers that are Foreign Borrowers shall not exceed the Designated Borrower Sublimit, and (d) the aggregate Outstanding Amount of all Committed Loans denominated in Alternative Currencies shall not exceed the Alternative Currency Sublimit. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrowers may borrow under this Section 2.01, prepay under Section 2.052.06, and reborrow under this Section 2.01. Committed Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein. Alternative Currency Loans shall be Eurocurrency Committed Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Adobe Inc.)

Committed Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a "Committed Loan”) (a") to the Company in Dollars and (b) to the Finnish Borrower or another Designated Borrower in Dollars or Euro, in each case from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment's Commitment (as such Commitment may from time to time increase in accordance with the provisions of Section 2.16 below); provided, however, that after giving effect to any Committed Borrowing, (1i) the Total Outstandings shall not exceed the Aggregate Commitments, and (2ii) the aggregate Outstanding Amount of the Committed Loans of any Lender, plus such Lender’s 's Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s 's Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Commitment and (3) the Aggregate Outstanding Amount of all Loans made in Alternative Currencies shall not exceed the Alternative Currency Sublimit's Commitment. Within the limits of each Lender’s 's Commitment, and subject to the other terms and conditions hereof, the Borrowers Borrower may borrow under this Section 2.01, prepay under Section 2.052.06, and reborrow under this Section 2.01. Committed Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Eurodollar Rate Loans, as further provided herein. Alternative Currency Loans shall be Eurocurrency Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Bright Horizons Family Solutions Inc)

Committed Loans. Subject to the terms and conditions set forth herein, each Lender severally but not jointly agrees to make loans in US Dollars and one or more Alternative Currencies (hereinafter each such loan, loan shall be referred to as a “Committed Loan”) (a) to the Company in Dollars and (b) to the Finnish any Borrower or another Designated Borrower in Dollars or Euro, in each case from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such LenderLxxxxx’s Commitment; provided, however, that after giving effect to any Committed Borrowing, (1i) the Total Outstandings shall not exceed the Aggregate Commitments, and (2ii) the aggregate Outstanding Amount of the Committed Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such LenderLxxxxx’s Commitment and (3) the Aggregate Outstanding Amount of all Loans made in Alternative Currencies shall not exceed the Alternative Currency SublimitCommitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrowers may borrow under this Section 2.01, prepay under Section 2.05, and reborrow under this Section 2.01. Committed Loans denominated in Dollars may be Base Rate Loans, LIBOR Daily Loans or Eurocurrency Rate Loans, as further provided herein. LoansSOFR Daily Floating Rate Loans or Term SOFR Loans in the case of Committed Loans denominated in Dollars and Alternative Daily Rate Loans or Alternative Currency Term Rate Loans shall be Eurocurrency Loansin the case of Committed Loans denominated in an Alternative Currency, in each case, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Verisk Analytics, Inc.)

Committed Loans. (a) Subject to the terms and conditions set forth herein, each Tranche A Lender severally agrees to make loans in US Dollars (each such loan, a “Committed Tranche A Loan”) (a) to the Company in Dollars and (b) to the Finnish Borrower or another Designated Borrower in Dollars or Euro, in each case TMCC from time to time, on any Business Day during the Tranche A Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Tranche A Commitment; provided, however, that after giving effect to any Committed BorrowingBorrowing made by the Tranche A Lenders, (1i) the Total Outstandings applicable to TMCC shall not exceed the Aggregate Tranche A Commitments, and (2ii) the aggregate Outstanding Amount of the Committed Tranche A Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans Tranche A Lender shall not exceed such Lender’s Commitment and (3) the Aggregate Outstanding Amount of all Loans made in Alternative Currencies shall not exceed the Alternative Currency SublimitTranche A Commitment. Within the limits of each Lender’s Tranche A Commitment, and subject to the other terms and conditions hereof, the Borrowers TMCC may borrow under this Section 2.012.1(a), prepay under Section 2.052.4, and and, unless converted to a Term Loan pursuant to Section 2.13(c), reborrow under this Section 2.012.1(a). Committed Tranche A Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Eurodollar Rate Loans, as further provided herein. Alternative Currency Loans shall be Eurocurrency Loans, as further provided herein.

Appears in 1 contract

Samples: Assignment and Assumption (Toyota Motor Credit Corp)

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Committed Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a "Committed Loan”) (a") to the Company in Dollars and (b) to the Finnish Borrower one or another Designated Borrower in Dollars or Euro, in each case more Borrowers from time to time, time on any Business Day during the Availability Periodperiod from the Closing Date to the Maturity Date, in an aggregate Dollar Equivalent amount not to exceed at any time outstanding the amount of such Lender’s 's Commitment; provided, however, that after giving effect to any Committed Borrowing, (1i) the Total Outstandings aggregate Outstanding Amount of all Loans and L/C Obligations shall not exceed the Aggregate Commitments, and (2ii) the aggregate Outstanding Amount of the Committed Loans of any Lender, plus such Lender’s Applicable Percentage 's Pro Rata Share of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage 's Pro Rata Share of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Commitment and (3) the Aggregate Outstanding Amount of all Loans made in Alternative Currencies shall not exceed the Alternative Currency Sublimit's Commitment. Within the limits of each Lender’s 's Commitment, and subject to the other terms and conditions hereof, the Borrowers may borrow under this Section 2.01, prepay under Section 2.05, and reborrow under this Section 2.01. Committed Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein. Alternative Currency Loans shall be Eurocurrency Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Artesyn Technologies Inc)

Committed Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Committed Loan”) (a) to the Company in Dollars and (b) to the Finnish Borrower or another Designated Borrower Borrowers in Dollars or Euro, in each case one or more Alternative Currencies from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that after giving effect to any Committed Borrowing, (1i) the Total Outstandings shall not exceed the Aggregate Commitments, (2ii) the aggregate Outstanding Amount of the Committed Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Commitment and (3) the Aggregate Outstanding Amount of all Loans made Total Outstandings denominated in Alternative Currencies shall not exceed the Alternative Currency Sublimit, (iii) the Revolving Credit Exposure of any Lender shall not exceed such Xxxxxx’s Commitment and (iv) the Total Outstandings of Designated Borrowers that are Foreign Subsidiaries of the Company shall not exceed the Foreign Designated Borrower Sublimit. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrowers may borrow under this Section 2.01, prepay under Section 2.05, and reborrow under this Section 2.01. Committed Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein. Alternative Currency Loans shall be Eurocurrency Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (McKesson Corp)

Committed Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans in Dollars (each such loan, a “Committed Loan”) (afor the account of any Borrower as designated by the Administrative Borrower pursuant to Section 2.02(a) to the Company in Dollars and (b) to the Finnish Borrower or another Designated Borrower in Dollars or Euro, in each case from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that after giving effect to any Committed Borrowing, (1i) the Total Outstandings shall not exceed the Aggregate Commitments, Commitments and (2ii) the aggregate Outstanding Amount of the Committed Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Commitment and (3) the Aggregate Outstanding Amount of all Loans made in Alternative Currencies shall not exceed the Alternative Currency SublimitCommitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, any of the Borrowers may borrow under this Section 2.01, prepay under Section 2.05, and reborrow under this Section 2.01. Committed Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein. Alternative Currency Loans shall be Eurocurrency LIBOR Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Potlatch Corp)

Committed Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Committed Loan”) (a) to the Company in Dollars and (b) to the Finnish Borrower or another Designated Borrower in Dollars or Euro, in each case Borrowers from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed exceed, at any time time, the lesser of (a) the outstanding the amount of such Lender’s Commitment, and (b) such Lender’s Applicable Percentage of the Borrowing Base; provided, however, that after giving effect to any Committed Borrowing, (1i) the Total Outstandings shall not exceed the lesser of (A) the Aggregate CommitmentsCommitments and (B) the Borrowing Base, and (2ii) the aggregate Outstanding Amount of the Committed Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Commitment and (3) the Aggregate Outstanding Amount of all Loans made in Alternative Currencies Loans, shall not exceed the Alternative Currency Sublimitlesser of (A) such Lender’s Commitment, and (B) such Lender’s Applicable Percentage of the Borrowing Base. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrowers may borrow under this Section 2.01, prepay under Section 2.05, and reborrow under this Section 2.01. Committed Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Eurodollar Rate Loans, as further provided herein. Alternative Currency Loans shall be Eurocurrency Loans, as further provided herein.

Appears in 1 contract

Samples: Revolving Credit Agreement (Western Refining, Inc.)

Committed Loans. (a) Subject to the terms and conditions set forth herein, each Lender with a Commitment to make Committed Loans severally agrees to make loans to the Borrower (each such loan, loans to the Borrower collectively referred to as a “Committed Loan”) (aas provided in Schedule 2.01(a) to the Company in Dollars and (b) to the Finnish Borrower or another Designated Borrower in Dollars or Euro, in each case from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that after giving effect to any Borrowing of a Committed BorrowingLoan, the total amount of outstanding Committed Loans borrowed in Dollars plus the Dollar Equivalent of all Eurocurrency Loans plus all L/C Obligations (1collectively, the “outstanding obligations”) the Total Outstandings shall not at any time exceed the Aggregate Commitments, Commitments for Committed Loans (2the difference between the Aggregate Committed Loan Commitments and the outstanding obligations is referred to as the “Remaining Availability”) and the aggregate Outstanding Amount of the Committed Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans Obligations shall not exceed such Lender’s Commitment and (3) the Aggregate Outstanding Amount of all Loans made in Alternative Currencies shall not exceed the Alternative Currency Sublimitfor Committed Loans. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrowers Borrower may borrow under this Section 2.012.01(a), prepay under Section 2.052.06, and reborrow under this Section 2.012.01(a). Committed Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Eurodollar Rate Loans, as further provided herein. Alternative Currency Loans shall be Eurocurrency Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Cross a T Co)

Committed Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Committed Loan”) (a) to the Company in Dollars and (b) or, subject to Section 2.15, to the Finnish Borrower Borrowers in one or another Designated Borrower in Dollars or Euro, in each case more Alternative Currencies from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that after giving effect to any Committed Borrowing, the Dollar Equivalent of (1i) the Total Outstandings shall not exceed the Aggregate Commitments, (2ii) the aggregate Outstanding Amount of the Committed Loans of any Lender, plus such Lender’s Applicable Percentage Pro Rata Share of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage Pro Rata Share of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Commitment Commitment, and (3iii) the Aggregate aggregate Outstanding Amount of all Loans made and L/C Obligations denominated in Alternative Currencies shall not exceed the Alternative Currency Sublimit. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrowers may borrow under this Section 2.01, prepay under Section 2.05, and reborrow under this Section 2.01. Committed Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate LoansLoans or, as further provided herein. Alternative Currency Loans shall be Eurocurrency if available to all the Lenders, Federal Funds Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Career Education Corp)

Committed Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Committed Loan”) (a) to the Company Borrowers as provided in Dollars and (bSection 2.14(c) to the Finnish Borrower or another Designated Borrower hereof in Dollars or Euro, in each case one or more Alternative Currencies from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that after giving effect to any Committed Borrowing, (1i) the Total Outstandings shall not exceed the Aggregate Commitments, (2ii) the aggregate Outstanding Amount of the Committed Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Commitment and Commitment, (3iii) the Aggregate aggregate Outstanding Amount of all Committed Loans made to the Designated Borrowers shall not exceed the Designated Borrower Sublimit and (iv) the aggregate Outstanding Amount of all Committed Loans denominated in Alternative Currencies shall not exceed the Alternative Currency Sublimit. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrowers may borrow under this Section 2.01, prepay under Section 2.05, and reborrow under this Section 2.01. Committed Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Rate Loans, as further provided herein. Alternative Currency Loans shall be Eurocurrency Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Nutri System Inc /De/)

Committed Loans. (a) Subject to the terms and conditions set forth herein, each Lender with a Commitment to make Committed Loans severally agrees to make loans to the Borrower (each such loan, loans to the Borrower collectively referred to as a "Committed Loan") (aas provided in Section 2.01(a) to the Company in Dollars and (b) to the Finnish Borrower or another Designated Borrower in Dollars or Euro, in each case from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s 's Commitment; provided, however, that after giving effect to any Borrowing of a Committed BorrowingLoan, the total amount of outstanding Committed Loans borrowed in Dollars plus the Dollar Equivalent of all Eurocurrency Loans plus all L/C Obligations (1collectively, the "outstanding obligations") the Total Outstandings shall not at any time exceed the Aggregate Commitments, Commitments for Committed Loans (2the difference between the Aggregate Committed Loan Commitments and the outstanding 4310184v5 obligations is referred to as the "Remaining Availability") and the aggregate Outstanding Amount of the Committed Loans of any Lender, plus such Lender’s 's Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans Obligations shall not exceed such Lender’s 's Commitment and (3) the Aggregate Outstanding Amount of all Loans made in Alternative Currencies shall not exceed the Alternative Currency Sublimitfor Committed Loans. Within the limits of each Lender’s 's Commitment, and subject to the other terms and conditions hereof, the Borrowers Borrower may borrow under this Section 2.012.01(a), prepay under Section 2.052.06, and reborrow under this Section 2.012.01(a). Committed Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Eurodollar Rate Loans, as further provided herein. Alternative Currency Loans shall be Eurocurrency Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Cross a T Co)

Committed Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans in Dollars (each such loan, a “Committed Loan”) (afor the account of any Borrower as designated by the Administrative Borrower pursuant to Section 2.02(a) to the Company in Dollars and (b) to the Finnish Borrower or another Designated Borrower in Dollars or Euro, in each case from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Commitment; provided, however, that after giving effect to any Committed Borrowing, (1i) the Total Outstandings shall not exceed the Aggregate Commitments, Commitments and (2ii) the aggregate Outstanding Amount of the Committed Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Commitment and (3) the Aggregate Outstanding Amount of all Loans made in Alternative Currencies shall not exceed the Alternative Currency SublimitCommitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, any of the Borrowers may borrow under this Section 2.01, prepay under Section 2.05, and reborrow under this Section 2.01. Committed Loans denominated in Dollars may be Base Rate Loans or Eurocurrency Eurodollar Rate Loans, as further provided herein. Alternative Currency Loans shall be Eurocurrency Loans, as further provided herein.CREDIT AGREEMENT

Appears in 1 contract

Samples: Credit Agreement (Potlatch Corp)

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