Common use of Ratable Loans; Types of Advances Clause in Contracts

Ratable Loans; Types of Advances. Each Revolving Advance hereunder (other than any Swing Line Loan) shall consist of Revolving Loans made from the several Revolving Lenders ratably according to their Pro Rata Shares. The Revolving Advances may be Base Rate Advances or Eurocurrency Advances, or a combination thereof, selected by a Borrower in accordance with Sections 2.8 and 2.9, or Swing Line Loans selected by a Borrower in accordance with Section 2.4. Each Term Loan Advance hereunder shall consist of Term Loans made from the several Term Lenders ratably according to their Pro Rata Shares. The Term Loan Advances may be Base Rate Advances or Eurocurrency Advances.

Appears in 5 contracts

Samples: Credit Agreement (Polaris Industries Inc/Mn), Credit Agreement (Polaris Inc.), Credit Agreement (Polaris Inc.)

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Ratable Loans; Types of Advances. Each Revolving Advance hereunder (other than any Swing Line Loan) shall consist of Revolving Loans made from the several Revolving Lenders ratably according to their Pro Rata Shares. The Revolving Advances may be Base Rate Advances or Eurocurrency Advances, or a combination thereof, selected by a the Borrower in accordance with Sections 2.8 and 2.9, or Swing Line Loans selected by a the Borrower in accordance with Section 2.4. Each Term Loan Advance hereunder shall consist of Term Loans made from the several Term Lenders ratably according to their Pro Rata SharesShares on the Effective Date. The Term Loan Advances may be Base Rate Advances or Eurocurrency Advances.

Appears in 3 contracts

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

Ratable Loans; Types of Advances. Each Revolving Advance hereunder (other than any Swing Line Loan) shall consist of Revolving Loans made from the several Revolving Lenders ratably according to their Pro Rata Shares. The Revolving Advances may be Base Rate Advances or Eurocurrency Advances, or a combination thereof, selected by a Borrower in accordance with Sections 2.8 and 2.9, or Swing Line Loans selected by a Borrower in accordance with Section 2.4. Each Term Loan Advance hereunder shall consist of Term Loans made from the several Term Lenders ratably according to their Pro Rata Shares. The Term Loan Advances may be Base Rate Advances or Eurocurrency Advances. Swing Line Loans.

Appears in 1 contract

Samples: Credit Agreement (Polaris Industries Inc/Mn)

Ratable Loans; Types of Advances. Each Revolving Advance hereunder (other than any Swing Line Loan) shall consist of Revolving Loans made from the several Revolving Lenders ratably according to their Pro Rata Shares. The Revolving Advances may be Base Rate Advances or Eurocurrency Eurodollar Advances, or a combination thereof, selected by a the applicable Borrower in accordance with Sections 2.8 and 2.9, or Swing Line Loans selected by a the Borrower in accordance with Section 2.4. Each Term Loan Advance hereunder shall consist of Term Loans made from the several Term Lenders ratably according to their Pro Rata SharesShares on the Effective Date. The Term Loan Advances may be Base Rate Advances or Eurocurrency Eurodollar Advances.

Appears in 1 contract

Samples: Credit Agreement (Inventure Foods, Inc.)

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Ratable Loans; Types of Advances. Each Revolving Advance hereunder (other than any Swing Line Loan) shall consist of Revolving Loans made from the several Revolving Lenders ratably according to their Pro Rata Shares. The Revolving Advances may be Base Rate Advances or Eurocurrency Advances, or a combination thereof, selected by a the Borrower in accordance with Sections 2.8 and 2.9, or Swing Line Loans selected by a the Borrower in accordance with Section 2.4. Each Term Loan Advance hereunder shall consist of Term Loans made from the several Term Loan Lenders ratably according to their Pro Rata SharesShares on the Effective Date. The Term Loan Advances may be Base Rate Advances or Eurocurrency Advances.

Appears in 1 contract

Samples: Credit Agreement (Orchids Paper Products CO /DE)

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