Revolving Availability. After giving effect to the transactions contemplated hereby, including the Owl Rock Payoff, the amount of the Outstanding Revolving Credit shall not exceed $0.00.
Revolving Availability. After giving effect to all Credit Extensions occurring on the Closing Date, the aggregate unused Revolving Commitments shall exceed the aggregate amount of all Revolving Outstandings by at least $10,000,000.
Revolving Availability. On and after the Closing Date and until the Maturity Date, Borrowers may borrow, and subsequently repay and reborrow, amounts constituting Revolving Loan Proceeds under this Agreement, so long as (x) the principal amount of the Loan outstanding as Revolving Loan Proceeds at any time does not exceed the Revolving Availability, and (y) the outstanding principal balance of the Loan (including the principal amount of the Term Loan outstanding) does not exceed the amount of the Aggregate Commitments. Borrowers shall pay to Administrative Agent, for the ratable benefit of the Lenders, within five (5) days of written Notice from Administrative Agent, any amount necessary to comply with the preceding sentence. Revolving Loan Proceeds shall be disbursed to Borrower (but not more frequently than three (3) disbursements per month), subject to the following terms and conditions:
Revolving Availability. After giving effect to all Credit Extensions occurring on the Closing Date, the aggregate unused Revolving Commitments shall exceed the aggregate amount of all Revolving Outstandings by at least $40,000,000. The documents referred to in this Section 4.01 shall be delivered to the Administrative Agent no later than the Closing Date. The certificates and opinions referred to in this Section 4.01 shall be dated the Closing Date.
Revolving Availability. Prior to the applicable Maturity Date, the Outstanding Principal under each of the Syndicated Facility and the Operating Facility may revolve and the Borrower may borrow, repay and re-borrow Cdn. Dollars or U.S. Dollars and may issue, repay and re-issue Bankers’ Acceptances thereunder, and may under the Operating Facility only, request the issuance of Letters of Credit, in each case in accordance with the terms of this Agreement.
Revolving Availability. With respect to any request for a Credit Extension under the Revolving Facility, upon giving effect to the Credit Extension so requested, the aggregate total Revolving Credit Exposure of all of the Lenders shall not exceed the lesser of (A) the Aggregate Revolving Commitments in effect as of the date of such Credit Extension and (B) the Borrowing Base in effect as of the date of such Credit Extension. Each Borrowing Request by the Borrower delivered hereunder and each Credit Extension shall be deemed to constitute a representation and warranty by the Borrower on and as of the date of the applicable Credit Extension that the matters and conditions specified in this Section 4.2 have been satisfied on and as of the date of such Borrowing Request.
Revolving Availability. Permit Revolving Availability at any time to be less than ten percent (10%) of the Adjusted Combined Loan Cap.
Revolving Availability. At any time, the amount by which the Total Revolving Credit Commitments at such time exceeds the aggregate Revolving Credit Exposures of all Revolving Lenders at such time.
Revolving Availability. After giving effect to all Credit Extensions occurring on the Closing Date, the Aggregate Revolving Outstandings (exclusive of any outstanding LC Obligations) shall not exceed US$50,000,000 and the outstanding LC Obligations shall not exceed US$85,000,000.
Revolving Availability. After giving effect to all Credit Events ---------------------- occurring on the Effective Date, the aggregate unused Revolving Commitments shall exceed the aggregate amount of all Revolving Outstandings by at least $60,000,000, except with the prior written consent of the Administrative Agent.
