RC Loans. The aggregate outstanding principal amount of the RC Loans shall mature and become due and payable, and shall be repaid by the Borrowers, on the RC Maturity Date.
RC Loans. Subject to Section 1.25(c), each RC Loan shall mature and become due and payable, and shall be repaid by the Borrower, in full on the Termination Date.
RC Loans. The Borrower may, at any time and from time to time, prepay the RC Loans in whole or in part, without premium or penalty (but subject to Section 1.15), except that any partial prepayment shall be in an aggregate principal amount of $2,000,000 or any multiple of $500,000 in excess thereof. The Borrower shall give the Administrative Agent notice of each prepayment no later than 11:00 a.m. (New York time) on, in the case of a prepayment of Base Rate Loans, the day of such prepayment (which shall be a Business Day) and, in the case of a prepayment of Eurodollar Rate Loans, the third Eurodollar Business Day before the date of such prepayment (which shall be a Eurodollar Business Day). Each such notice of prepayment shall be in the form of Schedule 1.06 and shall specify (i) the date such prepayment is to be made and (ii) the amount and Type and, in the case of Eurodollar Rate Loans, the last day of the applicable Interest Period of the RC Loans to be prepaid. Upon receipt of any such notice, the Administrative Agent shall promptly notify each Bank of the contents thereof and the amount and Type and, in the case of Eurodollar Rate Loans, the last day of the applicable Interest Period of each RC Loan of such Bank to be prepaid. Amounts to be prepaid shall irrevocably be due and payable on the date specified in the applicable notice of prepayment, together with interest thereon as provided in Section 1.04(b).
RC Loans. Upon the terms and subject to the conditions of this Agreement, each Bank severally and not jointly agrees to make, at any time and from time to time during the period from the Agreement Date to, but not including, the Maturity Date, one or more RC Loans to the Company in an aggregate unpaid principal amount, together with the aggregate amount of such Bank's pro rata shares (determined in accordance with Section 2.02(b)(vii)) of all Bid Rate Loans then outstanding, not exceeding such Bank's Commitment at such time. Subject to the terms and conditions of this Agreement, the RC Loans may, at the option of the Company, be made as Base Rate or Eurodollar Loans, or any combination
RC Loans. The Company shall give the Administrative Agent (which shall promptly notify the Banks) notice of each RC Borrowing hereunder as provided in Section 4.05. Not later than 1:00 p.m. (New York City time) on the date specified for the RC Borrowing hereunder, each Bank shall make available the amount of the RC Loan to be made by it on such date to the Administrative Agent in immediately available funds. The amount so received by the Administrative Agent shall, subject to the terms and conditions of this Agreement, be made available to the Company not later than 2:00 p.m. (New York City time) on the date specified for the RC Borrowing, by depositing the same, in immediately available funds, in an account of the Company maintained with BNY at its Principal Office designated by the Company.
RC Loans. The Company hereby promises to pay to the Administrative Agent for account of each Bank interest on the unpaid principal amount of each RC Loan made by such Bank for the period from and including the funding date of such RC Loan to but excluding the date on which such RC Loan shall be paid in full, at the following rates per annum:
RC Loans. Upon the terms and subject to the conditions of this Agreement (including all conditions precedent in Section 3.1 (Conditions to Initial Loans)), each Lender agrees to make, from time to time during the period from and including the Closing Date to but excluding the Maturity Date, one or more revolving credit loans ("RC Loans") to the Borrower in an aggregate unpaid principal amount not exceeding at any time such Xxxxxx's RC Commitment (if any) as set forth on Schedule 1.1 at such time; provided, however, that the Borrower shall not request, and the Lenders shall have no obligation to make, any RC Loans at any time in excess of the Available RC Commitment. The total amount of the RC Commitment of all Lenders on the Closing Date is $50,000,000.00. Up to $10,000,000.00 of the Available RC Commitment (the "Letter of Credit Sublimit") may be used for the issuance of stand-by Letters of Credit upon the terms and conditions set forth herein. The RC Loans shall be borrowed, accrue interest and be repaid as set forth below. The RC Loans shall be evidenced by the RC Notes.
RC Loans. Upon the terms and subject to the conditions of this Agreement, each Bank having an RC Commitment agrees to make, from time to time during the period from the Restated Agreement Date to but excluding the RC Maturity Date, one or more RC Loans to the Borrower in an aggregate unpaid principal amount not exceeding at any time such Bank's RC Commitment at such time minus the sum of (A) the aggregate amount of such Bank's Letter of Credit Participations at such time and (B) such Bank's Swing Loan Percentage of the aggregate principal amount of the Swing Loans outstanding at such time. The aggregate amount of the RC Commitments on the Restated Agreement Date is $350,000,000. Upon the effectiveness of the amendment and restatement of this Agreement as of the Restated Agreement Date, all Loans (as defined in this Agreement prior to such amendment and restatement) outstanding immediately prior to such effectiveness shall be deemed to be RC Loans outstanding hereunder.
RC Loans. Upon the terms and subject to the conditions of this Agreement (including all conditions precedent in Section 3.1), each Lender agrees to make, from time to time during the period from and including the Closing Date to but excluding the Maturity Date, one or more RC Loans ("RC Loans") to the Borrowers in an aggregate unpaid principal amount not exceeding at any time such Lender's RC Commitment at such time; provided, however, that the Borrowers shall not request, and the Lenders shall have no obligation to make, any Loans at any time in excess of the Available RC Commitment. The total amount of the RC Commitment of all Lenders on the Closing Date is $75,000,000.00.
