Revolving Commitment. Each Revolving Lender severally agrees, on the terms and conditions set forth in this Agreement, to make Revolving Advances to the Borrowers from time to time on any Business Day during the period from the Closing Date until the Revolving Credit Maturity Date in an aggregate principal amount not to exceed, at any time, such Revolving Lender’s Revolving Commitment; provided that after giving effect to any Borrowing, the Revolving Outstanding Amount shall not exceed the aggregate Revolving Commitments in effect at such time. Within the limits of each Revolving Lender’s Revolving Commitment, the Borrowers may from time to time borrow, prepay pursuant to Section 2.6, and reborrow under this Section 2.1(a).
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Samples: Credit Agreement (Rowan Companies PLC), Credit Agreement (Rowan Companies PLC)
Revolving Commitment. Each Revolving Lender severally agrees, on the terms and conditions set forth in this Agreement, to make Revolving Advances to the Borrowers Borrower from time to time on any Business Day during the period from the Closing Date until the Revolving Credit Maturity Date in an aggregate principal amount not to exceed, at any time, such Revolving Lender’s 's Revolving Commitment; provided that after giving effect to any Revolving Borrowing, the Revolving Outstanding Amount shall not exceed the aggregate Revolving Commitments in effect at such time. Within the limits of each Revolving Lender’s 's Revolving Commitment, the Borrowers Borrower may from time to time borrow, prepay pursuant to Section 2.6, and reborrow under this Section 2.1(a).
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Revolving Commitment. Each Revolving Lender severally agrees, on the terms and conditions set forth in this Agreement, to make Revolving Advances to the Borrowers Borrower from time to time on any Business Day during the period from the Closing Date until the Revolving Credit Maturity Date in an aggregate principal amount not to exceed, at any time, such Revolving Lender’s 's Revolving Commitment; provided that after giving effect to any Borrowing, the Revolving Outstanding Amount shall not exceed the aggregate Revolving Commitments in effect at such time. Within the limits of each Revolving Lender’s 's Revolving Commitment, the Borrowers Borrower may from time to time borrow, prepay pursuant to Section 2.6, and reborrow under this Section 2.1(a).
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Revolving Commitment. Each Revolving Lender severally agrees, on the terms and conditions set forth in this Agreement, to make Revolving Advances to the Borrowers Borrower from time to time on any Business Day during the period from the Closing Date until the Revolving Credit Maturity Date in an aggregate principal amount not to exceed, at any time, such Revolving Lender’s Revolving Commitment; provided that after giving effect to any Borrowing, the Revolving Outstanding Amount shall not exceed the aggregate Revolving Commitments in effect at such time. Within the limits of each Revolving Lender’s Revolving Commitment, the Borrowers Borrower may from time to time borrow, prepay pursuant to Section 2.6, and reborrow under this Section 2.1(a).
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Revolving Commitment. Each Revolving Lender severally agrees, on the terms and conditions set forth in this Agreement, to make Revolving Advances to the Borrowers Borrower from time to time on any Business Day during the period from the Closing Date until the Revolving Credit Maturity Date in an aggregate principal amount not to exceed, at any time, such Revolving Lender’s Revolving Commitment; provided that after giving effect to any Borrowing, the Revolving Outstanding Amount shall not exceed the aggregate Revolving Commitments in effect at such time. Within the limits of each Revolving Lender’s Revolving Commitment, the Borrowers Borrower may from time to time borrow, prepay pursuant to Section 2.6, and reborrow under this Section 2.1(a).
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