Credit Loans Sample Clauses

Credit Loans. Credit loans made or to be made by the Lenders to the Borrower pursuant to Section 2.
Credit Loans. 13 SECTION 2.2 Procedure for Advances of Loans........................................ 13 SECTION 2.3
Credit Loans. Subject to the terms and conditions of this Agreement, each Lender severally agrees to make Loans to the Borrowers from time to time from the Closing Date through the Revolving Credit Termination Date as requested by the Borrowers in accordance with the terms of Section 2.2; provided, that (a) the aggregate principal amount of all outstanding Loans (after giving effect to any amount requested) shall not exceed the Aggregate Commitment and (b) the principal amount of outstanding Loans from any Lender to the Borrowers shall not at any time exceed such Lender's Commitment. Each Loan by a Lender shall be in a principal amount equal to such Lender's Commitment Percentage of the aggregate principal amount of Loans requested on such occasion. Subject to the terms and conditions hereof, the Borrowers may borrow, repay and reborrow Loans hereunder until the Revolving Credit Termination Date.
Credit Loans. Credit loans made or to be made by the Lenders to the Borrower pursuant to Section 2. DB. As defined in the preamble hereto. Default. See Section 13.1.
Credit Loans. Upon the Agent’s receipt of a Notice of Conversion, the Agent shall promptly notify each Lender thereof. Each Conversion shall be in an aggregate amount not less than $1,000,000 or an integral multiple of $500,000 in excess thereof.
Credit Loans. Provided that no Default or Event of Default ------------ has occurred, Lender, subject to the terms and conditions contained in this Agreement, shall make Credit Loans to Borrower from time to time after receipt by Lender from time to time before the Credit Termination Date of a Request from Borrower in accordance with Article 3, during the period --------- Commencing on the Closing Date and ending on the Business Day immediately preceding the Credit Termination Date, in an aggregate principal amount outstanding not to exceed at any one time the lesser of (i) the Borrowing Base and (ii) the following:
Credit Loans. Each Bank hereby severally agrees, on the terms and subject to the conditions of this Agreement, to make joint and several loans (individually a "CREDIT LOAN", collectively, the "CREDIT LOANS"; the Term Loans and the Credit Loans are hereinafter sometimes referred to individually as a "LOAN" and collectively as the "LOANS") to the Borrowers during the Credit Period to and including the Revolving Credit Commitment Termination Date in any one or more of the Permitted Currencies in an aggregate principal Dollar Amount at any one time outstanding up to, but not exceeding, the Revolving Credit Commitment of such Bank as then in effect; provided, however, that the sum of (x) the aggregate principal Dollar Amount of Credit Loans at any one time outstanding, and (y) L/C Obligations, shall not exceed the lesser of (i) the Borrowing Base, or the Total Revolving Credit Commitment, as each is then in effect; and provided, further, in no event shall the aggregate outstanding principal amount of Credit Loans denominated in Alternative Currency at any time exceed the Dollar Amount of $25,000,000 except as otherwise provided in subsection 2.1(a)(iii) above in which event the aggregate principal amount of Credit Loans denominated in Alternative Currency at any time shall not exceed the Dollar Amount of $50,000,000. Subject to the terms of this Agreement, including the borrowing limitation referred to above, during the Credit Period the Borrowers may borrow, repay and reborrow Credit Loans.
Credit Loans. The Term Loans shall bear interest on the same terms as the Revolving Credit Loans prior to the conversion to Term Loans until the Continuation or Conversion thereof pursuant to Section 2.11 hereof. Amounts repaid or prepaid on the Term Loans may not be reborrowed, and the Total Revolving Credit Commitment shall be permanently reduced by any such amounts. (g) If on the Stated Revolving Credit Termination Date the Borrower does not so elect to convert all of Revolving Credit Outstandings as of such date to Term Loans as described in (f) above, then on the Stated Revolving Credit Termination Date, (i) all Revolving Credit Outstandings as of such date which are not so converted shall be due and payable in full and (ii) the Total Revolving Credit Commitment shall be reduced to the amount, if any, of Revolving Credit Outstandings so converted to Term Loans. ARTICLE III [Reserved] ARTICLE IV Change in Circumstances 4.01
Credit Loans. Upon the terms and subject to the conditions ------------ of, and in reliance upon the representations and warranties made under, this Agreement, the Lender shall make Credit Loans to Borrower from time to time from the date hereof to the Loan Maturity Date (each, a "Loan Advance"), as requested by Borrower in accordance with the terms of SECTION 2.1.2, in an aggregate principal amount outstanding not to exceed at any time $2,000,000.
Credit Loans. Upon the terms and subject to the conditions of, and in reliance upon the representations and warranties made under, this Agreement, the Lender shall make Loans to Borrower from time to time from the date hereof to the respective Loan Maturity Date (each, a “Loan Advance”), as requested by Borrower in accordance with the terms of Section 2.1.2, in an aggregate principal amount outstanding not to exceed at any time $2,000,000. Each Loan shall be in the maximum principal amount as follows: (a) Loan Number Two - $1,000,000; and (b) Loan Number Three - $1,000,000. For clarity, there is no Loan Number One.