Common use of Loans-General Clause in Contracts

Loans-General. (a) Subject to the terms and conditions set forth in this Agreement, at any time and from time to time commencing on the Closing Date through the Maturity Date, each Lender shall, pro rata according to that Lender's Pro Rata Share of the then applicable Commitment, make Advances to Borrower under the Commitment in such amounts as Borrower may request that do not result in the aggregate principal amount outstanding under the Notes to exceed the Commitment. Subject to the limitations set forth herein, Borrower may borrow, repay and reborrow under the Commitment without premium or penalty.

Appears in 2 contracts

Samples: Revolving Loan Agreement (Usec Inc), Revolving Loan Agreement (Usec Inc)

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Loans-General. (a) Subject to the terms and conditions set forth in this Agreement, at any time and from time to time commencing on from the Closing Date through the Maturity Date, each Lender shall, pro rata according to that Lender's Pro Rata Share of the then applicable Commitment, make Advances to Borrower Borrowers under the Commitment in such amounts as Borrower Borrowers may request that do not result in the aggregate principal amount outstanding under the Notes to exceed Aggregate Outstandings being in excess of the Commitment. Subject to the limitations set forth herein, Borrower Borrowers may borrow, repay and reborrow under the Commitment without premium or penalty.

Appears in 2 contracts

Samples: Loan Agreement (Station Casinos Inc), Loan Agreement (Station Casinos Inc)

Loans-General. (a) Subject to the terms and conditions set forth in this Agreement, at any time and from time to time commencing on from the Closing Date through the Maturity Date, each Lender shall, pro rata according to that Lender's ’s Pro Rata Share of the then applicable Commitment, make Advances to Borrower Borrowers under the Commitment in such amounts as Borrower Borrowers may request that do not result in the aggregate principal amount outstanding under the Notes to exceed Aggregate Outstandings being in excess of the Commitment. Subject to the limitations set forth herein, Borrower Borrowers may borrow, repay and reborrow under the Commitment without premium or penalty.

Appears in 1 contract

Samples: Loan Agreement (Station Casinos Inc)

Loans-General. (a) Subject to the terms and conditions set forth in this Agreement, at any time and from time to time commencing on from the Closing Date through the Maturity Date, each Lender Bank shall, pro rata according to that LenderBank's Pro Rata Share of the then applicable Commitment, make Advances to Borrower Borrowers under the Commitment in such amounts as Borrower Borrowers may request that do not result in the aggregate principal amount outstanding under the Notes to exceed exceeding the then applicable Commitment. Subject to the limitations set forth herein, Borrower Borrowers may borrow, repay and reborrow under the Commitment without premium or penalty.

Appears in 1 contract

Samples: Supplemental Reducing Revolving Loan Agreement (Aztar Corp)

Loans-General. (a) Subject to the terms and conditions set forth in this Agreement, at any time and from time to time commencing on from the Closing Date through Date, to, but excluding, the Maturity Date, each Lender shall, pro rata according to that Lender's Pro Rata Share of the then applicable Commitment, make Advances to Borrower under the Commitment in such amounts as Borrower may request that do provided that, after giving effect to such Advances, Facility Usage does not result in the aggregate principal amount outstanding under the Notes to exceed the CommitmentMaximum Credit Amount. Subject to the limitations set forth herein, Borrower may borrow, repay and reborrow under the Commitment without premium or penalty.

Appears in 1 contract

Samples: Revolving Loan Agreement (Central Financial Acceptance Corp)

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Loans-General. (a) Subject to the terms and conditions set forth in this Agreement, at any time and from time to time commencing on from the Closing Date through the Maturity Revolver Termination Date, each Lender shall, pro rata according to that Lender's Pro Rata Share of the then applicable Commitment, make Advances to Borrower under the Commitment in such amounts as Borrower may request that do not result in the aggregate principal amount outstanding under the Notes to exceed the Commitment. Subject to the limitations set forth herein, Borrower may borrow, repay and reborrow under the Commitment without premium or penalty.

Appears in 1 contract

Samples: Term Loan Agreement (Data Processing Resources Corp)

Loans-General. (a) Subject to the terms and conditions set forth in this Agreement, at any time and from time to time commencing on from the Closing Date through and including the Maturity Date, each Lender shall, pro rata according to that Lender's Pro Rata Share of the then applicable Commitment, make Advances in Dollars to Borrower under the Commitment in such amounts as Borrower may request that do provided that, giving effect to such Advances, the Outstanding Obligations shall not result in the aggregate principal amount outstanding under the Notes to exceed the Commitment. Subject to the limitations set forth herein, Borrower may borrow, repay and reborrow under the Commitment without premium or penalty.

Appears in 1 contract

Samples: Revolving Loan Agreement (Mandalay Resort Group)

Loans-General. (a) Subject to the terms and conditions set forth in this Agreement, at any time and from time to time commencing on from the Closing Date through and including the Maturity Date, each Lender shall, pro rata according to that Lender's Pro Rata Share of the then applicable Commitment, make Advances in Dollars to Borrower under the Commitment in such amounts as Borrower may request that do PROVIDED that, giving effect to such Advances, the Outstanding Obligations shall not result in the aggregate principal amount outstanding under the Notes to exceed the Commitment. Subject to the limitations set forth herein, Borrower may borrow, repay and reborrow under the Commitment without premium or penalty.

Appears in 1 contract

Samples: Loan Agreement (Mandalay Resort Group)

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