Dollar Tranche Loans Sample Clauses
Dollar Tranche Loans. Subject to and upon the terms and conditions herein set forth, each Dollar Tranche Lender severally agrees to make Revolving Credit Loans denominated in Dollars to the Borrower (each such loan, a “Dollar Tranche Loan”) in an aggregate Outstanding Amount not to exceed at any time the amount of such Revolving Credit Lender’s Dollar Tranche Commitment; provided that (x) any of the foregoing such Dollar Tranche Loans (1) shall be made at any time and from time to time during the Availability Period, (2) may, at the option of the Borrower be incurred and maintained as, and/or converted into, Base Rate Loans or Eurocurrency Loans that are Dollar Tranche Loans as further provided herein; provided that all Dollar Tranche Loans made by each of the Lenders pursuant to the same Borrowing shall, unless otherwise specifically provided herein, consist entirely of Dollar Tranche Loans of the same Type, (3) may be repaid (without premium or penalty) and reborrowed in accordance with the provisions hereof, (4) 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’s (A) Revolving Credit Exposure at such time exceeding such Revolving Credit Lender’s Revolving Credit Commitment at such time or (B) Dollar Tranche Exposure at such time exceeding such Revolving Credit Lender’s Dollar Tranche Commitment at such time and (5) 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’ (A) Revolving Credit Exposures at such time exceeding the Total Revolving Credit Commitment then in effect or (B) Dollar Tranche Exposures at such time exceeding the amount of the Dollar Tranche then in effect, and (y) after giving effect to any such Dollar Tranche Loans, Availability shall be greater than or equal to $0.
Dollar Tranche Loans. Subject to the terms and conditions set forth herein, each Revolving Credit Lender severally agrees to make revolving loans (each such loan, a “Dollar Tranche Loan”) in Dollars to the Company (or any other U.S. Borrower as specified by the Company) from time to time, on any Business Day during the Availability Period in respect of the Revolving Credit Facility, in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Dollar Tranche Commitment; provided, however, that, after giving effect to any Revolving Credit Borrowing of Dollar Tranche Loans, (i) the Total Revolving Credit Outstandings shall not exceed the Revolving Credit Facility, (ii) the aggregate Outstanding Amount of all Dollar Tranche Loans, plus the Outstanding Amount of all L/C Obligations shall not exceed the aggregate amount of the Dollar Tranche Commitments of all Lenders, (iii) the Revolving Credit Exposure of any Lender shall not exceed such Revolving Credit Lender’s Revolving Credit Commitment, (iv) the aggregate Outstanding Amount of Dollar Tranche Loans of any Lender plus such Lender’s participation in L/C Obligations at such time shall not exceed the such Lender’s Dollar Tranche Commitment.
Dollar Tranche Loans. During the Revolving Commitment Period, each Dollar Tranche Lender severally agrees to make revolving credit loans (the “Dollar Tranche Loans”) to the Parent Borrower in Dollars on any Business Day; provided that after giving effect to any such Dollar Tranche Loan, (i) with regard to the Revolving Lenders collectively, the aggregate Outstanding Amount of all Revolving Obligations shall not exceed the aggregate Revolving Committed Amount (as such amount may be increased or decreased in accordance with the provisions hereof), (ii) with regard to the Dollar Tranche Lenders collectively, the aggregate Outstanding Amount of Dollar Tranche Obligations shall not exceed the Dollar Tranche Committed Amount, (iii) with regard to each Dollar Tranche Lender individually, such Dollar Tranche Lender’s Dollar Tranche Commitment Percentage of Dollar Tranche Obligations shall not exceed its respective Dollar Tranche Committed Amount and (iv) with regard to each Revolving Lender individually, such Revolving Lender’s Revolving Commitment Percentage of the Revolving Obligations shall not exceed such Revolving Lender’s Revolving Committed Amount. Dollar Tranche Loans may consist of Base Rate Loans, Eurocurrency Loans, or a combination thereof, as provided herein, and may be repaid and reborrowed in accordance with the provisions hereof.