Common use of Revolver Loans Clause in Contracts

Revolver Loans. Each Lender agrees, severally on a Pro Rata basis up to its Revolver Commitment, on the terms set forth herein, to make Revolver Loans to Borrowers from time to time through the Commitment Termination Date. The Revolver Loans may be repaid and reborrowed as provided herein. In no event shall Lenders have any obligation to honor a request for a Revolver Loan if the unpaid balance of Revolver Loans outstanding at such time (including the requested Loan) would exceed the Borrowing Base.

Appears in 43 contracts

Samples: Loan and Security Agreement (Headwaters Inc), Loan and Security Agreement (Houston Wire & Cable CO), Loan and Security Agreement (Nautilus, Inc.)

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Revolver Loans. Each Lender agrees, severally on a Pro Rata basis up to its Revolver Commitment, on the terms set forth herein, to make Revolver Loans to Borrowers from time to time through the Commitment Termination Date. The Revolver Loans may be repaid and reborrowed as provided herein. In no event shall Lenders have any obligation to honor a request for a Revolver Loan if the unpaid balance of Revolver Loans outstanding Usage at such time (including plus the requested Loan) Loan would exceed the Borrowing Base.

Appears in 11 contracts

Samples: Loan, Security and Guaranty Agreement (Quintana Energy Services Inc.), Loan and Security Agreement (Key Energy Services Inc), Loan, Security and Guaranty Agreement (Quintana Energy Services Inc.)

Revolver Loans. Each Lender agrees, severally on a Pro Rata basis up to its Revolver Commitment, on the terms set forth herein, to make Revolver Loans to Borrowers Borrower from time to time through the Commitment Termination Date. The Revolver Loans may be repaid and reborrowed as provided herein. In no event shall Lenders have any obligation to honor a request for a Revolver Loan if the unpaid balance of Revolver Loans outstanding at such time (including the requested Loan) would exceed the Borrowing Base.

Appears in 7 contracts

Samples: Loan and Security Agreement (Flat Rock Capital Corp.), Loan and Security Agreement (Flat Rock Core Income Fund), Loan and Security Agreement (Ak Steel Holding Corp)

Revolver Loans. Each Lender agrees, severally on a Pro Rata basis up to its Revolver Commitment, on the terms set forth herein, to make Revolver Loans to Borrowers from time to time through the Commitment Termination Date. The Revolver Loans may be repaid and reborrowed as provided herein. In no event shall Lenders have any obligation to honor a request for a Revolver Loan if the unpaid balance of Revolver Loans outstanding at such time (including the requested Revolver Loan) would exceed the Borrowing Base.

Appears in 4 contracts

Samples: Loan and Security Agreement (Spansion Inc.), Loan and Security Agreement, Loan and Security Agreement (EMAK Worldwide, Inc.)

Revolver Loans. Each Lender agrees, severally on a Pro Rata basis up to its Revolver Commitment, on the terms set forth herein, to make Revolver Loans to Borrowers from time to time through the Commitment Termination Date. The Revolver Loans may be repaid and reborrowed as provided herein. In no event shall Lenders have any obligation to honor a request for a Revolver Loan if the unpaid balance of Revolver Loans outstanding Usage at such time (including plus the requested Loan) Loan would exceed the Borrowing Base.

Appears in 3 contracts

Samples: Loan and Security Agreement (Chicago Atlantic Real Estate Finance, Inc.), Loan and Security Agreement (Chicago Atlantic Real Estate Finance, Inc.), Loan and Security Agreement (Chicago Atlantic Real Estate Finance, Inc.)

Revolver Loans. Each Lender agrees, severally on a Pro Rata basis up to its Revolver Commitment, on the terms set forth herein, to make Revolver Loans to Borrowers from time to time through the Commitment Termination Date. The Revolver Loans may be repaid and reborrowed as provided herein. In no event shall Lenders have any obligation to honor a request for a Revolver Loan if the unpaid sum of the principal balance of Revolver Loans outstanding at such time (including the requested Loan) plus the stated amount of all Letters of Credit would exceed the Borrowing Base.

Appears in 2 contracts

Samples: Loan and Security Agreement (P&f Industries Inc), Loan and Security Agreement (P&f Industries Inc)

Revolver Loans. Each Lender agrees, severally on a Pro Rata Revolver Loan basis up to its Revolver Commitment, on the terms set forth herein, to make Revolver Loans to Borrowers from time to time through the Revolver Commitment Termination Date. The Revolver Loans may be repaid and reborrowed as subject to the terms provided herein. In no event shall Lenders have any obligation to honor a request for a Revolver Loan if the unpaid balance of Revolver Loans outstanding at such time (including the requested Loan) would exceed the Borrowing BaseBase for Revolver Loans.

Appears in 2 contracts

Samples: Loan and Security Agreement (Bespoke Capital Acquisition Corp), Loan and Security Agreement (Bespoke Capital Acquisition Corp)

Revolver Loans. Each Lender agrees, severally on a Pro Rata basis up to its Revolver Commitment, on the terms set forth herein, to make Revolver Loans to Borrowers Borrower from time to time through the Commitment Termination Date. The Revolver Loans may be repaid and reborrowed as provided herein. In no event shall Lenders have any obligation to honor honour a request for a Revolver Loan if the unpaid balance in excess of Revolver Loans outstanding at such time (including the requested Loan) would exceed the Borrowing BaseAvailability.

Appears in 2 contracts

Samples: Loan and Security Agreement (McJunkin Red Man Holding Corp), Loan and Security Agreement (South Texas Supply Company, Inc.)

Revolver Loans. Each Lender agrees, severally on a Pro Rata basis up to its Revolver Commitment, on the terms set forth herein, to make Revolver Loans to Borrowers from time to time through the Commitment Termination Date. The Revolver Loans may be repaid and reborrowed as provided herein. In no event shall Lenders have any obligation to honor a request for a Revolver Loan if the unpaid balance of Revolver Loans outstanding Usage at such time (including plus the requested Loan) Revolver Loan would exceed the Borrowing Base.

Appears in 2 contracts

Samples: Loan and Security Agreement (Amkor Technology, Inc.), Guaranty and Security Agreement (ArcLight Clean Transition Corp.)

Revolver Loans. Each Lender agrees, severally on a Pro Rata basis up to its Revolver Commitment, on the terms set forth herein, to make Revolver Loans in Dollars to Borrowers from time to time through the Commitment Termination Date. The Revolver Loans may be repaid and reborrowed as provided herein. In no event shall Lenders have any obligation to honor a request for a Revolver Loan if the unpaid balance of Revolver Loans outstanding Usage at such time (including plus the requested Loan) Loan would exceed the Borrowing Base.

Appears in 2 contracts

Samples: Loan and Security Agreement (Advanced Micro Devices Inc), Loan and Security Agreement (Advanced Micro Devices Inc)

Revolver Loans. Each Lender agrees, severally on a Pro Rata basis up to its Revolver Commitment, on the terms set forth herein, to make Revolver Loans to Borrowers from time to time through the Commitment Termination Date. The Revolver Loans may be repaid and reborrowed as provided herein; provided, however, that all payment of Revolver Loans shall be made in Dollars. In no event shall Lenders have any obligation to honor a request for a Revolver Loan if the unpaid balance of Revolver Loans outstanding Usage at such time (including plus the requested Loan) Loan would exceed the Borrowing Base.

Appears in 1 contract

Samples: Loan and Security Agreement (Northwest Pipe Co)

Revolver Loans. Each Lender agrees, severally on a Pro Rata basis up to its Revolver Commitment, on the terms set forth herein, to make Revolver Loans to Borrowers from time to time through the Commitment Termination Date. The Revolver Loans may be repaid and reborrowed as provided herein. In no event shall Lenders have any obligation to honor a request for a Revolver Loan if the unpaid balance of Revolver Loans outstanding Usage at such time (including plus the requested Loan) Revolver Loan would exceed the Borrowing Base.

Appears in 1 contract

Samples: Credit Agreement (Wausau Paper Corp.)

Revolver Loans. Each Lender agrees, severally on a Pro Rata basis up to its Revolver Commitment, on the terms set forth herein, to make Revolver Loans to Borrowers Borrower from time to time through the Commitment Termination Date. The Revolver Loans may be repaid and reborrowed re-borrowed as provided herein. In no event shall Lenders have any obligation to honor a request for a Revolver Loan if the unpaid balance of Revolver Loans outstanding at such time (including the requested Loan) would exceed the Borrowing Base.

Appears in 1 contract

Samples: Loan and Security Agreement (Sport Chalet Inc)

Revolver Loans. Each Lender agrees, severally on a Pro Rata basis up to its Revolver Commitment, on the terms set forth herein, to make Revolver Loans to Borrowers from time to time through the Commitment Termination Date. The Revolver Loans may be repaid and reborrowed as provided herein. In no event shall Lenders have any obligation to honor a request for a Revolver Loan if the unpaid balance of Revolver Loans outstanding at such time (including the requested Loan) would exceed the Borrowing Basecause Availability to be less than zero.

Appears in 1 contract

Samples: Loan and Security Agreement (Summer Infant, Inc.)

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Revolver Loans. Each Lender agrees, severally on a Pro Rata basis up to its Revolver Commitment, on the terms set forth herein, to make Revolver Loans to Borrowers from time to time through the Revolver Commitment Termination Date. The Revolver Loans may be repaid and reborrowed as provided herein. In no event shall Lenders have any obligation to honor a request for a Revolver Loan if the unpaid balance of Revolver Loans outstanding Usage at such time (including the requested Loan) would exceed the Borrowing BaseRevolver Commitment.

Appears in 1 contract

Samples: Loan and Security Agreement (Habit Restaurants, Inc.)

Revolver Loans. Each Lender agrees, severally on a Pro Rata basis up to its Revolver Commitment, on the terms set forth herein, to make Revolver Loans to Borrowers from time to time through the Commitment Termination Date. The Revolver Loans may be repaid and reborrowed as provided herein. In no event shall Lenders have any obligation to honor a request for a Revolver Loan if the unpaid balance of Revolver Loans outstanding Usage at such time (including plus the requested Loan) Loan would exceed the Borrowing Base.. ​ ​

Appears in 1 contract

Samples: Loan and Security Agreement (Adara Acquisition Corp.)

Revolver Loans. Each Lender agrees, severally on a Pro Rata basis up to its Revolver Commitment, on the terms set forth herein, to make Revolver Loans to Borrowers Borrower from time to time through the Commitment Termination Date. The Revolver Loans may be repaid and reborrowed as provided herein. In no event shall Lenders have any obligation to honor a request for a Revolver Loan if if, after giving effect thereto, the unpaid balance aggregate principal amount of all Revolver Loans outstanding at such time (including the requested Loan) and all LC Obligations would exceed the lesser of the Borrowing BaseBase or the Revolver Commitment.

Appears in 1 contract

Samples: Loan and Security Agreement (Multi Fineline Electronix Inc)

Revolver Loans. Each Lender agrees, severally on a Pro Rata basis up to its Revolver Commitment, on the terms set forth herein, to make Revolver Loans to Borrowers from time to time through the Commitment Termination Date. The Revolver Loans may be repaid and reborrowed as provided herein. In no event shall Lenders have any obligation to honor a request for a Revolver Loan if the unpaid balance of Revolver Loans outstanding together with the LC Obligations at such time (including time, plus the requested Loan) , would exceed the Borrowing Base.

Appears in 1 contract

Samples: Credit and Security Agreement (Titan International Inc)

Revolver Loans. Each Lender agrees, severally on a Pro Rata basis up to its Revolver Commitment, on the terms set forth herein, to make Revolver Loans to Borrowers from time to time through the Commitment Termination Date. The Revolver Loans may be repaid and reborrowed as provided herein. In no event shall Lenders have any obligation to honor a request for a Revolver Loan if the unpaid balance of Revolver Loans outstanding at such time (including the requested Loan) would exceed the Borrowing Base.

Appears in 1 contract

Samples: Loan and Security Agreement (Installed Building Products, Inc.)

Revolver Loans. Each Lender agrees, severally on a Pro Rata basis up to its Revolver Commitment, on the terms set forth herein, to make Revolver Loans to Borrowers from time to time through the Commitment Termination Date. The Revolver Loans may be repaid and reborrowed as provided herein. In no event shall Lenders have any obligation to honor a request for a Revolver Loan if the unpaid balance of Revolver Loans outstanding Usage at such time (including time, plus the requested Loan) , would exceed the Borrowing BaseLine Cap. 2.1.2.

Appears in 1 contract

Samples: Credit and Security Agreement (Titan International Inc)

Revolver Loans. Each Lender agrees, severally on a Pro Rata basis up to its Revolver Commitment, on the terms set forth herein, to make Revolver Loans to Borrowers Borrower from time to time through the Commitment Termination Date. The Revolver Loans may be repaid and reborrowed as provided herein. In no event shall Lenders have any obligation to honor a request for a Revolver Loan if the unpaid balance of Revolver Loans outstanding Usage at such time (including plus the requested Loan) Revolver Loan would exceed the Borrowing Base.

Appears in 1 contract

Samples: Loan and Security Agreement (Vizio Holding Corp.)

Revolver Loans. Each Lender agrees, severally on a Pro Rata basis up to its Revolver Commitment, on the terms set forth herein, to make Revolver Loans to Borrowers from time to time through the day that is five (5) Business Days prior to the Commitment Termination Date. The Revolver Loans may be repaid and reborrowed as provided herein. In no event shall Lenders have any obligation to honor a request for a Revolver Loan if the unpaid balance of Revolver Loans outstanding Usage at such time (including plus the requested Loan) Loan would exceed the Borrowing BaseLoan Cap.

Appears in 1 contract

Samples: Loan, Security and Guarantee Agreement (GEE Group Inc.)

Revolver Loans. (a) Each Lender agrees, severally on a Pro Rata basis up to its Revolver Commitment, on the terms set forth herein, to make Revolver Loans to Borrowers from time to time through the Commitment Termination Date. The Revolver Loans may be repaid and reborrowed as provided herein. In no event shall Lenders any Lender have any obligation to honor a request for a Revolver Loan if the unpaid balance of Revolver Loans outstanding at such time (including the requested Loan) would exceed the Borrowing Base.

Appears in 1 contract

Samples: Loan and Security Agreement (Frozen Food Express Industries Inc)

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