Common use of Reborrowing Clause in Contracts

Reborrowing. The Credit is a revolving credit and the principal amount of any Advance under the Credit that is repaid may be re-borrowed, if the Borrower is otherwise entitled to an Advance under the Credit.

Appears in 19 contracts

Samples: Credit Agreement (Maverix Metals Inc.), Credit Agreement (Iamgold Corp), Credit Agreement (Hudbay Minerals Inc.)

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Reborrowing. The Credit is a revolving credit and the principal amount of any Advance under the Credit that is repaid may be re-borrowed, if the Borrower is Borrowers are otherwise entitled to an Advance under the Credit.

Appears in 4 contracts

Samples: Credit Agreement (HudBay Minerals Inc.), Assignment and Assumption (HudBay Minerals Inc.), Credit Agreement (HudBay Minerals Inc.)

Reborrowing. The Credit is a revolving credit and the credit. The principal amount of any Advance under the Credit that is repaid may be re-borrowed, reborrowed if the Borrower is otherwise entitled to an Advance under the Credit.

Appears in 2 contracts

Samples: Agreement (Rogers Communications Inc), Assignment and Assumption (Rogers Communications Inc)

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Reborrowing. The Credit is a revolving credit and if the principal Obligations relating to a particular L/C are performed or terminated, the amount of any Advance under the Credit that is repaid L/C may be re-borrowedavailed, if the Borrower is Obligors are otherwise entitled to an Advance under the Credit.

Appears in 1 contract

Samples: Credit Agreement (Iamgold Corp)

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