Common use of Revolving B Loans Clause in Contracts

Revolving B Loans. Subject to the terms and conditions set forth herein, each Revolving B Lender severally agrees to make loans (each such loan, a “Revolving B Loan”) to the Borrower in Dollars from time to time on any Business Day during the Availability Period in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving B Commitment; provided, however, that after giving effect to any Borrowing of Revolving B Loans, (i) the aggregate Outstanding Amount of the Revolving B Loans shall not exceed the Aggregate Revolving B Commitments, and (ii) the aggregate Outstanding Amount of the Revolving B Loans of any Lender shall not exceed such Lender’s Revolving B Commitment. Within the limits of each Lender’s Revolving B Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay under Section 2.05, and reborrow under this Section 2.01. Revolving B Loans may be Base Rate Loans or Eurocurrency Rate Loans, or a combination thereof, as further provided herein.

Appears in 3 contracts

Samples: Credit Agreement (Lamb Weston Holdings, Inc.), Credit Agreement (Lamb Weston Holdings, Inc.), Credit Agreement (Lamb Weston Holdings, Inc.)

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Revolving B Loans. Subject to the terms and conditions set forth herein, each Revolving B Lender severally agrees to make loans (each such loan, a “Revolving B Loan”) to the Borrower Borrowers in Dollars or in one or more Alternative Currencies from time to time on any Business Day during the Availability Period in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving B Commitment; provided, however, that after giving effect to any Borrowing of Revolving B Loans, (ix) the aggregate Outstanding Amount of the Revolving B Loans shall not exceed the Aggregate Revolving B Commitments, and (iiy) the aggregate Outstanding Amount of the all Revolving B Loans of any Lender shall not exceed such Lender’s Revolving B Commitment, and (z) the aggregate Outstanding Amount of all Revolving B Loans made to the UK Borrower shall not exceed the UK Borrower Sublimit. Within the limits of each Lender’s Revolving B Commitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.012.01(b), prepay under Section 2.05, and reborrow under this Section 2.012.01(b). Revolving B Loans may be Base Rate Loans or Eurocurrency Rate Loans, or a combination thereof, as further provided herein.

Appears in 2 contracts

Samples: Credit Agreement (FTD Companies, Inc.), Credit Agreement (United Online Inc)

Revolving B Loans. Subject to the terms and conditions set forth herein, each Revolving B Lender severally agrees to make loans (each such loan, a “Revolving B Loan”) to the Borrower Revolving B Borrowers in Dollars one or more Alternative Currencies from time to time on any Business Day during the Availability Period in an aggregate amount not to exceed at any time outstanding the amount of such Revolving B Lender’s 's Revolving B Commitment; provided, however, that after giving effect to any Borrowing of Revolving B Loans, (i) the aggregate Outstanding Amount of the Total Revolving B Loans Outstandings shall not exceed the Aggregate Revolving B Commitments, and (ii) the aggregate Outstanding Amount of the Revolving B Loans Exposure of any Revolving B Lender shall not exceed such Lender’s Revolving B CommitmentLender's Revolving B Commitment and (iii) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments. Within the limits of each Revolving B Lender’s 's Revolving B Commitment, and subject to the other terms and conditions hereof, the Borrower Revolving B Borrowers may borrow under this Section 2.01, prepay under Section 2.05, and reborrow under this Section 2.01. Revolving B Loans may be Base Rate Loans or Eurocurrency Rate Loans, or a combination thereof, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Global Payments Inc)

Revolving B Loans. Subject to the terms and conditions set forth herein, each Revolving B Lender severally agrees to make loans (each such loan, a “Revolving B Loan”) to the Borrower Borrowers in Dollars Dollars, or in one or more Alternative Currencies, from time to time on any Business Day during the Availability Period in an aggregate amount not to exceed at any time outstanding the amount of such Revolving B Lender’s Revolving B Commitment; provided, however, that after giving effect to any Borrowing of Revolving B Loans, (i) the aggregate Outstanding Amount of the Total Revolving B Loans Outstandings shall not exceed the Aggregate Revolving B Commitments, and (ii) the aggregate Outstanding Amount of the Revolving B Loans Exposure of any Revolving B Lender shall not exceed such Revolving B Lender’s Revolving B CommitmentCommitment and (iii) the Outstanding Amount of all Revolving B Loans denominated in an Alternative Currency shall not exceed the Alternative Currency Sublimit. Within the limits of each Revolving B Lender’s Revolving B Commitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01, prepay under Section 2.05, and reborrow under this Section 2.01. Revolving B Loans may be Base Rate Loans or Eurocurrency Loans, Term SOFR Daily Floating Rate Loans, Term SOFR Loans, Alternative Currency Daily Rate Loans or a combination thereofAlternative Currency Term Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Radiant Logistics, Inc)

Revolving B Loans. Subject to the terms and conditions set forth herein, each Revolving B Lender severally agrees to make loans (each such loan, a “Revolving B Loan”) to the Borrower in Dollars from time to time on any Business Day during the Availability Period for the Revolving B Commitments in an aggregate amount not to exceed at any time outstanding the amount of such Revolving B Lender’s Revolving B Commitment; provided, however, that after giving effect to any Borrowing of Revolving B Loans, (i) the aggregate Outstanding Amount of the Total Revolving B Loans Outstandings shall not exceed the Aggregate Revolving B Commitments, Commitments and (ii) the aggregate Outstanding Amount Revolving Credit Exposure of the any Revolving B Loans of any Lender shall not exceed such Revolving B Lender’s Revolving B Commitment. Within the limits of each Revolving B Lender’s Revolving B Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.012.01(b), prepay under Section 2.05, and reborrow under this Section 2.012.01(b). Revolving B Loans may be Base Rate Loans, Eurodollar Rate Loans or Eurocurrency LIBOR Index Rate Loans, or a combination thereof, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Trex Co Inc)

Revolving B Loans. Subject to the terms and conditions set forth herein, each Revolving B Lender severally agrees to make loans (each such loan, a “Revolving B Loan”) to the Borrower Revolving B Borrowers in Dollars one or more Alternative Currencies from time to time on any Business Day during the Availability Period in an aggregate amount not to exceed at any time outstanding the amount of such Revolving B Lender’s Revolving B Commitment; provided, however, that after giving effect to any Borrowing of Revolving B Loans, (i) the aggregate Outstanding Amount of the Total Revolving B Loans Outstandings shall not exceed the Aggregate Revolving B Commitments, and (ii) the aggregate Outstanding Amount of the Revolving B Loans Exposure of any Revolving B Lender shall not exceed such Revolving B Lender’s Revolving B CommitmentCommitment and (iii) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments. Within the limits of each Revolving B Lender’s Revolving B Commitment, and subject to the other terms and conditions hereof, the Borrower Revolving B Borrowers may borrow under this Section 2.01, prepay under Section 2.05, and reborrow under this Section 2.01. Revolving B Loans may be Base Rate Loans or Eurocurrency Rate Loans, or a combination thereof, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Global Payments Inc)

Revolving B Loans. Subject to the terms and conditions set forth herein, each Revolving B Lender severally agrees to make loans (each such loan, a “Revolving B Loan”) to the Borrower Company in Dollars from time to time on any Business Day during the Availability Period in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving B Commitment; provided, however, that after giving effect to any Borrowing of Revolving B Loans, (i) the aggregate Outstanding Amount of the Revolving B Loans shall not exceed the Aggregate Revolving B Commitments, and (ii) the aggregate Outstanding Amount of the Revolving B Loans of any Lender shall not exceed such Lender’s Revolving B Commitment. Within the limits of each Lender’s Revolving B Commitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.01, prepay under Section 2.05, and reborrow under this Section 2.01. Revolving B Loans may be Base Rate Loans or Eurocurrency LIBOR Rate Loans, or a combination thereof, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (WHITEWAVE FOODS Co)

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Revolving B Loans. Subject to the terms and conditions set forth herein, each Revolving B Lender severally agrees to make loans (each such loan, a “Revolving B Loan”) to the Borrower in Dollars from time to time on any Business Day during the Availability Period in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving B Commitment; provided, however, that after giving effect to any Borrowing of Revolving B Loans, (i) the aggregate Outstanding Amount of the Revolving B Loans shall not exceed the Aggregate Revolving B Commitments, and (ii) the aggregate Outstanding Amount of the Revolving B Loans of any Lender shall not exceed such Lender’s Revolving B Commitment. Within the limits of each Lender’s Revolving B Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay under Section 2.05, and reborrow under this Section 2.01. Revolving B Loans may be Base Rate Loans or Eurocurrency Rate Loans, or a combination thereof, as further provided herein.this

Appears in 1 contract

Samples: Credit Agreement (Lamb Weston Holdings, Inc.)

Revolving B Loans. Subject to the terms and conditions set forth herein, each Revolving B Lender severally agrees to make loans (each such loan, a “Revolving B Loan”) to the Borrower in Dollars from time to time on any Business Day during the Availability Period for the Revolving B Commitments in an aggregate amount not to exceed at any time outstanding the amount of such Revolving B Lender’s Revolving B Commitment; provided, however, that after giving effect to any Borrowing of Revolving B Loans, (i) the aggregate Outstanding Amount of the Total Revolving B Loans Outstandings shall not exceed the Aggregate Revolving B Commitments, Commitments and (ii) the aggregate Outstanding Amount Revolving Credit Exposure of the any Revolving B Loans of any Lender shall not exceed the lesser of such Revolving B Lender’s Revolving B CommitmentCommitment and such Revolving B Lender’s Applicable Percentage of the Aggregate Revolving B Commitments. Within the limits of each Revolving B Lender’s Revolving B Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.012.01(b), prepay under Section 2.05, and reborrow under this Section 2.012.01(b). Revolving B Loans may be Base Rate Loans, Term SOFR Loans or Eurocurrency Term SOFR Daily Floating Rate Loans, or a combination thereof, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Trex Co Inc)

Revolving B Loans. Subject to the terms and conditions set forth herein, each Revolving B Lender severally agrees to make loans (each such loan, a "Revolving B Loan") to the Borrower Borrowers in Dollars or in one or more Alternative Currencies from time to time on any Business Day during the Availability Period in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s 's Revolving B Commitment; provided, however, that after giving effect to any Borrowing of Revolving B Loans, (ix) the aggregate Outstanding Amount of the Revolving B Loans shall not exceed the Aggregate Revolving B Commitments, and (iiy) the aggregate Outstanding Amount of the all Revolving B Loans of any Lender shall not exceed such Lender’s 's Revolving B Commitment, and (z) the aggregate Outstanding Amount of all Revolving B Loans made to the UK Borrower shall not exceed the UK Borrower Sublimit. Within the limits of each Lender’s 's Revolving B Commitment, and subject to the other terms and conditions hereof, the Borrower Borrowers may borrow under this Section 2.012.01(b), prepay under Section 2.05, and reborrow under this Section 2.012.01(b). Revolving B Loans may be Base Rate Loans or Eurocurrency Rate Loans, or a combination thereof, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (FTD Companies, Inc.)

Revolving B Loans. Subject to the terms and conditions set forth hereinhereof, each Revolving B Lender Lender, by its acceptance hereof, severally agrees to make a loan or loans (each such loan, individually a “Revolving B Loan” and collectively for all such Lenders the “Revolving B Loans”) in U.S. Dollars to the Borrower in Dollars from time to time on any Business Day during the Availability Period in an aggregate amount not a revolving basis up to exceed at any time outstanding the amount of such Lender’s Revolving B Commitment; provided, however, that after giving effect subject to any Borrowing reductions thereof pursuant to the terms hereof, before the Termination Date. The sum of the aggregate principal amount of Revolving B Loans, Loans at any time outstanding shall not exceed the lesser of (i) the aggregate Outstanding Amount of the Revolving B Loans shall not exceed the Aggregate Revolving B Commitments, Commitments in effect at such time and (ii) the aggregate Outstanding Amount Borrowing Base (Revolving B) as then determined and computed. Each Borrowing of the Revolving B Loans of any Lender shall not exceed such Lender’s Revolving be made ratably by the Lenders in proportion to their respective Revolver B CommitmentPercentages. Within the limits of each Lender’s Revolving B Commitment, and subject to the other terms and conditions As provided in Section 1.4(a) hereof, the Borrower may borrow under this Section 2.01, prepay under Section 2.05, and reborrow under this Section 2.01elect that each Borrowing of Revolving B Loans be either Base Rate Loans or Eurodollar Loans. Revolving B Loans may be Base Rate Loans or Eurocurrency Rate Loansrepaid and the principal amount thereof reborrowed before the Termination Date, or a combination thereof, as further provided hereinsubject to the terms and conditions hereof.

Appears in 1 contract

Samples: Credit Agreement (Intl Fcstone Inc.)

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