Common use of Revolving Borrowings Clause in Contracts

Revolving Borrowings. Subject to the terms and conditions of this Agreement and relying upon the representations and warranties herein set forth, each Revolving Lender agrees, severally and not jointly, to make loans (each such loan, a “Revolving Loan”) to the Borrowers 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 Lender’s Revolving Commitment at such time; provided, however, that after giving effect to any Revolving Loan, the Revolving Outstandings at any time shall not exceed the aggregate Revolving Commitments in effect at such time. Within the limits of each Revolving Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrowers may borrow under this Section 2.01(a), prepay under Section 2.10, and reborrow under this Section 2.01(a). Revolving Loans may be ABR Loans or Eurodollar Loans, as further provided herein.

Appears in 4 contracts

Samples: Credit Agreement (Unit Corp), Credit Agreement (Unit Corp), Credit Agreement (Unit Corp)

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Revolving Borrowings. Subject to the terms and conditions of this Agreement and relying upon the representations and warranties herein set forthforth herein, each Revolving Lender agrees, severally and not jointly, agrees to make loans (each such loan, a “Revolving Loan”) to the Borrowers Borrower, in Dollars, from time to time 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 Lender’s Revolving Commitment at such timeCommitment; provided, however, that after giving effect to any Revolving LoanBorrowing, (i) the Total Revolving Outstandings at any time shall not exceed the aggregate Revolving Commitments in effect at Facility, and (ii) the Revolving Exposure of any Lender shall not exceed such timeRevolving Lender’s Revolving Commitment. Within the limits of each Revolving Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrowers Borrower may borrow under this Section 2.01(a)Revolving Loans, prepay under Section 2.102.05, and reborrow under this Section 2.01(a)2.01. Revolving Loans may be ABR Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 3 contracts

Samples: Credit Agreement (Ixia), Credit Agreement (Usana Health Sciences Inc), Credit Agreement (Ixia)

Revolving Borrowings. Subject to the terms and conditions of this Agreement and relying upon the representations and warranties herein set forthforth herein, each Revolving Lender agrees, severally and not jointly, agrees to make loans (each such loan, a “Revolving LoanLoans”) to the Borrowers Borrower in Dollars or in one or more Alternative Currencies, from time to time time, on any Business Day during the Availability Period, in an aggregate outstanding amount (together with the amount of any outstanding L/C Obligations hereunder) not to exceed at any time outstanding the amount of such Revolving LenderXxxxxx’s Revolving Commitment at such timeCommitment; provided, however, provided that (i) each Base Rate Loan shall be denominated in Dollars and (ii) after giving effect to the making of any Revolving Loan, the Total Revolving Outstandings at any time shall not exceed the aggregate Aggregate Revolving Commitments in effect at such timeCommitment. Within the limits of each Revolving LenderXxxxxx’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrowers Borrower may borrow under this Section 2.01(a)Revolving Loans, prepay under Section 2.102.4, and reborrow under this Section 2.01(a2.1(b). Revolving Loans may be ABR Loans or Eurodollar Loans, as further provided herein.

Appears in 2 contracts

Samples: Credit Agreement (UL Solutions Inc.), Credit Agreement (UL Inc.)

Revolving Borrowings. Subject to the terms and conditions of this Agreement and relying upon the representations and warranties herein set forth, each Revolving Lender agrees, severally and not jointly, to make loans (each such loan, a “Revolving Loan”) to the Borrowers 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 Lender’s Revolving Commitment at such time; provided, however, that after giving effect to any Revolving Loan, the Revolving Outstandings at any time shall not exceed the aggregate Revolving Commitments in effect at such time. Within the limits of each Revolving LenderXxxxxx’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrowers may borrow under this Section 2.01(a), prepay under Section 2.10, and reborrow under this Section 2.01(a). Revolving Loans may be ABR Loans or Eurodollar SOFR Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Unit Corp)

Revolving Borrowings. Subject to the terms and conditions of this Agreement and relying upon the representations and warranties herein set forthforth herein, each Revolving Lender agrees, severally and not jointly, agrees to make loans (each such loan, a “Revolving Loan”) to the Borrowers Borrower, in Dollars, from time to time time, on any Business Day during the Availability PeriodPeriod for the Revolving Facility, in an aggregate amount not to exceed at any time outstanding the amount of such Revolving Lender’s Revolving Commitment at such timeCommitment; provided, however, that after giving effect to any Revolving LoanBorrowing, (i) the Total Revolving Outstandings at any time shall not exceed the aggregate Revolving Commitments in effect at Facility, and (ii) the Revolving Exposure of any Lender shall not exceed such timeRevolving Lender’s Revolving Commitment. Within the limits of each Revolving Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrowers Borrower may borrow under this Section 2.01(a)Revolving Loans, prepay under Section 2.102.05, and reborrow under this Section 2.01(a2.01(b). Revolving Loans may be ABR Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (KVH Industries Inc \De\)

Revolving Borrowings. Subject to the terms and conditions of this Agreement and relying upon the representations and warranties herein set forthforth herein, each Revolving Lender agrees, severally and not jointly, agrees to make loans (each such loan, a “Revolving Loan”) to the Borrowers Borrower, in Dollars, from time to time 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 LenderXxxxxx’s Revolving Commitment at such timeCommitment; provided, however, that after giving effect to any Revolving LoanBorrowing, (i) the Total Revolving Outstandings at any time shall not exceed the aggregate Revolving Commitments in effect at Facility, and (ii) the Revolving Exposure of any Lender shall not exceed such timeRevolving Lender’s Revolving Commitment. Within the limits of each Revolving LenderXxxxxx’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrowers Borrower may borrow under this Section 2.01(a)Revolving Loans, prepay under Section 2.102.05, and reborrow under this Section 2.01(a2.01(b). Revolving Loans may be ABR Base Rate Loans or Eurodollar Term SOFR Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Cambium Networks Corp)

Revolving Borrowings. Subject to the terms and conditions of this Agreement and relying upon the representations and warranties herein set forthforth herein, each Revolving Lender agrees, severally and not jointly, agrees to make loans (each such loan, a “Revolving Loan”) to the Borrowers Borrower, in Dollars, from time to time 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 LenderLxxxxx’s Revolving Commitment at such timeCommitment; provided, however, that after giving effect to any Revolving LoanBorrowing, (i) the Total Revolving Outstandings at any time shall not exceed the aggregate Revolving Commitments in effect at Facility, and (ii) the Revolving Exposure of any Lender shall not exceed such timeLxxxxx’s Revolving Commitment. Within the limits of each Revolving Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrowers Borrower may borrow under this Section 2.01(a)Revolving Loans, prepay under Section 2.102.05, and reborrow under this Section 2.01(a2.01(b). Revolving Loans may be ABR Base Rate Loans or Eurodollar Term SOFR Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Information Services Group Inc.)

Revolving Borrowings. Subject to the terms and conditions of this Agreement and relying upon the representations and warranties herein set forthforth herein, each Revolving Lender agrees, severally and not jointly, agrees to make loans (each such loan, a “Revolving Loan”) to the Borrowers Borrower, in Dollars, from time to time 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 Lender’s Revolving Commitment at such timeCommitment; provided, however, that after giving effect to any Revolving LoanBorrowing, (i) the Total Revolving Outstandings at any time shall not exceed the aggregate Revolving Commitments in effect at Facility, and (ii) the Revolving Exposure of any Lender shall not exceed such timeRevolving Lender’s Revolving Commitment. Within the limits of each Revolving Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrowers Borrower may borrow under this Section 2.01(a)Revolving Loans, prepay under Section 2.102.05, and reborrow under this Section 2.01(a2.01(b). Revolving Loans may shall be ABR Base Rate Loans or Eurodollar Loans, and LIBOR Rate Loans except as further otherwise provided herein.

Appears in 1 contract

Samples: Credit Agreement (KVH Industries Inc \De\)

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Revolving Borrowings. Subject to the terms and conditions of this Agreement and relying upon the representations and warranties herein set forthforth herein, each Revolving Lender agrees, severally and not jointly, agrees to make loans (each such loan, a “Revolving Loan”) to the Borrowers Borrower, in Dollars, from time to time 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 Lender’s Revolving Commitment at such timeCommitment; provided, however, that after giving effect to any Revolving LoanBorrowing, (i) the Total Revolving Outstandings at any time shall not exceed the aggregate Revolving Commitments in effect at Facility, and (ii) the Revolving Exposure of any Lender shall not exceed such timeRevolving Lender’s Revolving Commitment. Within the limits of each Revolving Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrowers Borrower may borrow under this Section 2.01(a)Revolving Loans, prepay under Section 2.102.05, and reborrow under this Section 2.01(a2.01(b). Revolving Loans may be ABR Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Cambium Networks Corp)

Revolving Borrowings. Subject to the terms and conditions of this Agreement and relying upon the representations and warranties herein set forthforth herein, each Revolving Lender agrees, severally and not jointly, agrees to make loans (each such loan, a “Revolving Loan”) to the Borrowers Borrower, in Dollars, from time to time 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 LenderXxxxxx’s Revolving Commitment at such timeCommitment; provided, however, that after giving effect to any Revolving LoanBorrowing, (i) the Total Revolving Outstandings at any time shall not exceed the aggregate Revolving Commitments in effect at Facility, and (ii) the Revolving Exposure of any Lender shall not exceed such timeRevolving Lender’s Revolving Commitment. Within the limits of each Revolving LenderXxxxxx’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrowers Borrower may borrow under this Section 2.01(a)Revolving Loans, prepay under Section 2.102.05, and reborrow under this Section 2.01(a2.01(b). Revolving Loans may be ABR Base Rate Loans or Eurodollar Rate Term SOFR Loans, as further provided herein.

Appears in 1 contract

Samples: Credit Agreement (Cambium Networks Corp)

Revolving Borrowings. Subject to the terms and conditions of this Agreement and relying upon the representations and warranties herein set forthforth herein, each Revolving Lender agrees, severally and not jointly, agrees to make loans (each such loan, a “Revolving Loan”) to the Borrowers Borrower, in Dollars, from time to time time, on any Business Day during the Availability PeriodPeriod for the Revolving Facility, in an aggregate amount not to exceed at any time outstanding the amount of such Revolving LenderXxxxxx’s Revolving Commitment at such timeCommitment; provided, however, provided that after giving effect to any Revolving LoanBorrowing, (i) the Total Revolving Outstandings at any time shall not exceed the aggregate Revolving Commitments in effect at Facility, and (ii) the Revolving Exposure of any Lender shall not exceed such timeRevolving Lender’s Revolving Commitment. Within the limits of each Revolving LenderXxxxxx’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrowers Borrower may borrow under this Section 2.01(a)Revolving Loans, prepay under Section 2.102.05, and reborrow under this Section 2.01(a)2.01. Revolving Loans may be ABR Base Rate Loans or Eurodollar Term SOFR Loans, as further provided herein.. 2.02

Appears in 1 contract

Samples: Credit Agreement (Harmonic Inc)

Revolving Borrowings. Subject to the terms and conditions of this Agreement and relying upon the representations and warranties herein set forthforth herein, each Revolving Lender agrees, severally and not jointly, agrees to make loans (each such loan, a “Revolving Loan”) to the Borrowers in Dollars from time to time 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 LenderXxxxxx’s Revolving Commitment at such timeCommitment; provided, however, that after giving effect to any Revolving LoanBorrowing, (i) the Total Revolving Outstandings at any time shall not exceed the aggregate Revolving Commitments in effect at Facility, and (ii) the Revolving Exposure of any Lender shall not exceed such timeXxxxxx’s Revolving Commitment. Within the limits of each Revolving Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrowers may borrow under this Section 2.01(a)Revolving Loans, prepay under Section 2.102.05, and reborrow under this Section 2.01(a2.01(b). Revolving Loans may be ABR Base Rate Loans or Eurodollar SOFR Loans, as further provided herein. All Swingline Loans shall be made as provided in Section 2.03.

Appears in 1 contract

Samples: Credit Agreement (Smith & Wesson Brands, Inc.)

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