Common use of Loan Availability Clause in Contracts

Loan Availability. Subject to the terms and conditions of this Agreement (including the amount limitations set forth in Paragraph 2.03), each Bank severally agrees to continue to advance to Borrower from time to time during the period beginning on the Closing Date and ending on July 31, 1999 (the "Maturity Date") such revolving loans as are currently outstanding or as Borrower may request under this Paragraph 2.01 (individually, a "Loan"); provided, however, that (i) the aggregate principal amount of all Loans made by such Bank at any time outstanding shall not exceed such Bank's Commitment at such time and (ii) the aggregate principal amount of all Loans made by all Banks at any time outstanding shall not exceed the Total Commitment at such time. All Loans shall be made on a pro rata basis by the Banks in accordance with their respective Proportionate Shares, with each Borrowing to be comprised of a Loan by each Bank equal to such Bank's Proportionate Share of such Borrowing. Except as otherwise provided herein, Borrower may borrow, repay and reborrow Loans until the Maturity Date.

Loan Availability. Subject to the terms and conditions of this Agreement (including the amount limitations set forth in Paragraph 2.03), each Bank severally agrees to continue to advance to Borrower from time to time during the period beginning on the Closing Date and ending on July 31, 1999 (the "Maturity Date") such revolving loans as are currently outstanding or as Borrower may request under this Paragraph 2.01 (individually, a "Loan"); provided, however, that (i) the aggregate principal amount of all Loans made by such Bank at any time outstanding shall not exceed such Bank's Commitment at such time and (ii) the aggregate principal amount of all Loans made by all Banks at any time outstanding shall not exceed the Total Commitment at such time. All Loans shall be made on a pro rata basis by the Banks in accordance with their respective Proportionate Shares, with each Borrowing to be comprised of a Loan by each Bank equal to such Bank's Proportionate Share of such Borrowing. Except as otherwise provided herein, Borrower may borrow, repay and reborrow Loans until the Maturity Date.