Common use of Revolving Commitment Clause in Contracts

Revolving Commitment. From the Closing Date through the Maturity Date, or such earlier date on which the Revolving Commitments hereunder are terminated, subject to the terms and conditions hereof, each Bank severally, but not jointly, agrees to make revolving credit loans (“Revolving Loans”) to the Company from time to time in an aggregate principal amount of up to ONE HUNDRED MILLION DOLLARS ($100,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.9 and/or increased pursuant to Section 2.6) for the purposes hereinafter set forth; provided, however, that (i) with regard to each Bank individually, the sum of such Bank’s Revolving Commitment Percentage of outstanding Loans plus such Bank’s Revolving Commitment Percentage of outstanding Swingline Loans plus such Bank’s LOC Commitment Percentage of LOC Obligations shall not exceed such Bank’s Committed Amount, and (ii) with regard to the Banks collectively, the sum of the outstanding Loans plus the outstanding Swingline Loans plus outstanding LOC Obligations shall not exceed the aggregate Revolving Committed Amount of all of the Banks. Loans may consist of Base Rate Loans or LIBO Rate Loans, or a combination thereof, as the Company may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBO Rate Loans shall be made by each Bank at its LIBO Lending Office and Alternate Base Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Universal Health Realty Income Trust)

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Revolving Commitment. From During the Closing Date through the Maturity Date, or such earlier date on which the Revolving Commitments hereunder are terminatedCommitment Period, subject to -------------------- the terms and conditions hereof, each Bank severally, but not jointly, Revolving Lender severally agrees to make revolving credit loans (the "Revolving Loans") to the Company Borrower from --------------- time to time in an aggregate principal the amount of up to ONE HUNDRED MILLION DOLLARS ($100,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.9 and/or increased pursuant to Section 2.6) Revolving Lender's Revolving Commitment Percentage of such Revolving Loans for the purposes hereinafter set forth; provided, however, provided that (i) with regard to each Bank individuallythe Revolving Lenders collectively, the sum -------- aggregate principal amount of such Bank’s Revolving Commitment Percentage of Obligations outstanding Loans plus such Bank’s Revolving Commitment Percentage of outstanding Swingline Loans plus such Bank’s LOC Commitment Percentage of LOC Obligations at any time shall not exceed such Bank’s the lesser of (A) the Aggregate Revolving Committed AmountAmount or (B) the Borrowing Base, and (ii) with regard to the Banks collectivelyeach Revolving Lender individually, the sum such Revolving Lender's Revolving Commitment Percentage of the Obligations outstanding Loans plus the outstanding Swingline Loans plus outstanding LOC Obligations at any time shall not exceed the aggregate lesser of (A) such Revolving Lender's Revolving Committed Amount of all or (B) such Revolving Lender's Revolving Commitment Percentage of the BanksBorrowing Base. Revolving Loans may shall consist of Base Rate Loans or LIBO Rate Loans, or a combination thereof, as the Company may requestonly, and may be repaid and reborrowed in accordance with the provisions hereof. LIBO Rate Loans shall be made by each Bank at its LIBO Lending Office and Alternate Base Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Amendment Agreement and Waiver (Access Worldwide Communications Inc)

Revolving Commitment. From During the Closing Date through the Maturity Date, or such earlier date on which the Revolving Commitments hereunder are terminatedCommitment Period, subject to the terms and conditions hereof, each Bank severally, but not jointly, Lender severally agrees to make revolving credit loans in Dollars (the "Revolving Loans") to the Company Borrower from time to time in an aggregate principal the amount of up to ONE HUNDRED MILLION DOLLARS ($100,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.9 and/or increased pursuant to Section 2.6) Lender's Revolving Commitment Percentage of such Revolving Loans for the purposes hereinafter set forth; provided, however, provided that (i) with regard to each Bank individuallythe Lenders collectively, the sum Dollar Amount (determined as of such Bank’s the most recent Determination Date) of Revolving Commitment Percentage of Obligations outstanding Loans plus such Bank’s Revolving Commitment Percentage of outstanding Swingline Loans plus such Bank’s LOC Commitment Percentage of LOC Obligations shall not exceed such Bank’s the Aggregate Revolving Committed Amount, as changed from time to time, and (ii) with regard to each Lender individually, the Banks collectively, Dollar Amount (determined as of the most recent Determination Date) of such Lender's Revolving Commitment Percentage of the sum of the outstanding Revolving Loans plus the outstanding Foreign Currency Loans plus LOC Obligations plus Swingline Loans plus outstanding LOC Obligations shall not exceed the aggregate such Lender's Revolving Committed Amount of all of the BanksAmount. Revolving Loans may consist of Base Rate Loans or LIBO Rate Eurocurrency Loans, or a combination thereof, as the Company Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBO Rate Loans shall be made by each Bank at its LIBO Lending Office and Alternate Base Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Fritz Companies Inc)

Revolving Commitment. From the Closing Date through the Maturity Date, or such earlier date on which During the Revolving Commitments hereunder are terminatedCommitment Period, subject to the terms and conditions hereof, each Bank severally, but not jointly, Revolving Lender severally agrees to make revolving credit loans in Dollars (“Revolving Loans”) to the Company Borrower from time to time in an aggregate principal amount of up to ONE HUNDRED MILLION DOLLARS ($100,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.9 and/or increased pursuant to Section 2.6) for the purposes hereinafter set forth; provided, however, that (i) with regard to each Bank Revolving Lender individually, the sum of such BankRevolving Lender’s Revolving Commitment Percentage of the aggregate principal amount of outstanding Revolving Loans plus such Bank’s Revolving Commitment Percentage of outstanding Swingline Loans plus such Bank’s LOC Commitment Percentage of outstanding Revolving LOC Obligations shall not exceed such BankRevolving Lender’s Committed Amount, Revolving Commitment and (ii) with regard to the Banks Revolving Lenders collectively, the sum of the aggregate principal amount of outstanding Revolving Loans plus the outstanding Swingline Loans plus outstanding Revolving LOC Obligations shall not exceed the aggregate Revolving Committed Amount of all of then in effect. For purposes hereof, the Banks. Loans may consist of Base Rate Loans or LIBO Rate Loans, or a combination thereof, aggregate principal amount available for Revolving Loan borrowings hereunder shall be ONE HUNDRED FIFTY MILLION DOLLARS ($150,000,000) (as the Company may request, and such aggregate maximum amount may be repaid and reborrowed reduced from time to time as provided in accordance with Section 2.8, the provisions hereof“Revolving Committed Amount”). LIBO LIBOR Rate Loans shall be made by each Bank Revolving Lender at its LIBO LIBOR Lending Office and Alternate Base Rate Loans at its Domestic Lending Office. No Revolving Loans shall be made on the Closing Date.

Appears in 1 contract

Samples: Credit Agreement (Gencorp Inc)

Revolving Commitment. From During the Closing Date through the Maturity Date, or such earlier date on which the Revolving Commitments hereunder are terminatedCommitment Period, subject to the terms and conditions hereof, each Bank severally, but not jointly, Lender severally agrees to make revolving credit loans in Dollars and Available Foreign Currencies (the “Revolving Loans”) to the Company Borrower from time to time in an aggregate principal the amount of up to ONE HUNDRED MILLION DOLLARS ($100,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.9 and/or increased pursuant to Section 2.6) Lender’s Revolving Commitment Percentage of such Revolving Loans for the purposes hereinafter set forth; provided, however, provided that (i) with regard to each Bank individuallythe Lenders collectively, the sum aggregate principal Dollar Amount (determined as of such Bank’s the most recent Determination Date) of Revolving Commitment Percentage of Obligations outstanding Loans plus such Bank’s Revolving Commitment Percentage of outstanding Swingline Loans plus such Bank’s LOC Commitment Percentage of LOC Obligations at any time shall not exceed such Bank’s the Aggregate Revolving Committed Amount, and (ii) with regard to the Banks collectivelyeach Lender individually, the sum aggregate principal Dollar Amount (determined as of the most recent Determination Date) of such Lender’s Revolving Commitment Percentage of Revolving Obligations outstanding Loans plus the outstanding Swingline Loans plus outstanding LOC Obligations at any time shall not exceed such Lender’s Revolving Committed Amount, and (iii) the aggregate Revolving Committed principal Dollar Amount of all (determined as of the Banksmost recent Determination Date) of Revolving Obligations in Available Foreign Currencies shall not at any time exceed SIX HUNDRED MILLION DOLLARS ($600,000,000) (the “Foreign Currencies Committed Amount”). Revolving Loans may consist of Base Rate Loans or LIBO Rate LIBOR Loans, or a combination thereof, as the Company Borrower may request, and Revolving Loans denominated in Available Foreign Currencies shall consist solely of LIBOR Loans, and may be repaid and reborrowed in accordance with the provisions hereof. LIBO Rate Loans shall be made by each Bank at its LIBO Lending Office and Alternate Base Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Nucor Corp)

Revolving Commitment. From During the Closing Date through the Maturity Date, or such earlier date on which the Revolving Commitments hereunder are terminatedCommitment Period, subject to the terms and conditions hereof, each Bank severally, but not jointly, Lender severally agrees to make revolving credit loans (the "Revolving Loans") to the Company Borrower from time to time in an aggregate principal the amount of up to ONE HUNDRED MILLION DOLLARS ($100,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.9 and/or increased pursuant to Section 2.6) Lender's Revolving Commitment Percentage of such Revolving Loans for the purposes hereinafter set forth; provided, however, provided that (i) with regard to each Bank individuallythe Lenders collectively, the sum aggregate principal amount of such Bank’s the Revolving Commitment Percentage of outstanding Loans plus such Bank’s Revolving Commitment Percentage of outstanding Swingline Loans plus such Bank’s LOC Commitment Percentage of and the LOC Obligations outstanding at any time shall not exceed such Bank’s TWENTY FIVE MILLION DOLLARS ($25,000,000) (as referenced on Schedule 2.1(a), the "Revolving Committed Amount"), and (ii) with regard to the Banks collectivelyeach Lender individually, the sum such Lender's Revolving Commitment Percentage of the outstanding Revolving Loans plus and the outstanding Swingline Loans plus outstanding LOC Obligations outstanding at any time shall not exceed the aggregate such Lender's Revolving Committed Amount of all of and (iii) the BanksLenders shall have no obligation to advance Revolving Loans during the period from and including December 15 through and including January 15 and, as more specifically provided in Section 3.3(b)(i) hereof, no Revolving Loans shall be outstanding during such period. Revolving Loans may consist of Base Rate Loans or LIBO Rate Eurodollar Loans, or a combination thereof, as the Company Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBO Rate Loans shall be made by each Bank at its LIBO Lending Office and Alternate Base Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Pca International Inc)

Revolving Commitment. From During the Closing Date through the Maturity Date, or such earlier date on which the Revolving Commitments hereunder are terminatedCommitment Period, subject to the terms and conditions hereof, each Bank severally, but not jointly, Lender severally agrees to make revolving credit loans ("Revolving Loans") to the Company Borrower from time to time in an aggregate principal amount of up to ONE HUNDRED MILLION DOLLARS ($100,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.9 and/or increased pursuant to Section 2.6) for the purposes hereinafter set forth; provided, however, that (i) with regard to each Bank Lender individually, the sum of such Bank’s Lender's share of outstanding Revolving Loans plus such Lender's Revolving Commitment Percentage of outstanding Loans plus such Bank’s Revolving Commitment Percentage of outstanding Swingline Loans plus such Bank’s Lender's LOC Commitment Percentage of LOC Obligations shall not exceed such Bank’s Lender's Revolving Commitment Percentage of the aggregate Revolving Committed Amount, and (ii) with regard to the Banks Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans plus the outstanding Swingline Loans plus outstanding LOC Obligations Obligations, shall not exceed the aggregate Revolving Committed Amount of all of Amount. For purposes hereof, the Banksaggregate amount available hereunder shall be TWO HUNDRED MILLION DOLLARS ($200,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.6, the "Revolving Committed Amount"). Revolving Loans may consist of Alternate Base Rate Loans or LIBO LIBOR Rate Loans, or a combination thereof, as the Company Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBO LIBOR Rate Loans shall be made by each Bank Lender at its LIBO LIBOR Lending Office and Alternate Base Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Florida Rock Industries Inc)

Revolving Commitment. From During the Closing Date through the Maturity Date, or such earlier date on which the Revolving Commitments hereunder are terminatedCommitment Period, subject to the terms and conditions hereof, each Bank severally, but not jointly, Lender severally agrees to make revolving credit loans ("Revolving Loans") to the Company Parent Borrower from time to time in an aggregate principal amount of up to ONE HUNDRED MILLION DOLLARS ($100,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.9 and/or increased pursuant to Section 2.6) for the purposes hereinafter set forth; provided, however, that (i) with regard to each Bank Lender individually, the sum of such Bank’s Lender's outstanding Revolving Loans and SFG Revolving Loans plus such Lender's Revolving Commitment Percentage of outstanding Loans plus such Bank’s Revolving Commitment Percentage of outstanding Swingline Loans plus such Bank’s Lender's LOC Commitment Percentage of LOC Obligations shall not exceed such Bank’s Lender's Revolving Commitment Percentage of the Revolving Committed Amount, Amount and (ii) with regard to the Banks Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans plus the outstanding SFG Revolving Loans plus Swingline Loans plus outstanding LOC Obligations shall not exceed the aggregate Revolving Committed Amount of all of Amount. For purposes hereof, the Banksaggregate amount available under this Section 2.1(a) shall be EIGHT HUNDRED FIVE MILLION DOLLARS ($805,000,000) (as such aggregate maximum amount may be increased or reduced from time to time as provided in Section 2.8, the "Revolving Committed Amount"). Revolving Loans may consist of Alternate Base Rate Loans or LIBO LIBOR Rate Loans, or a combination thereof, as the Company Parent Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBO LIBOR Rate Loans shall be made by each Bank Lender at its LIBO LIBOR Lending Office and Alternate Base Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Southern Foods Group L P)

Revolving Commitment. From Subject to all of the terms, conditions and provisions of this Agreement, each Lender agrees severally to make available to the Borrower for the purposes herein set forth such Lender’s Commitment Percentage of revolving credit loans requested by the Borrower (each a “Loan” and, collectively, the “Loans”) from time to time from the Closing Date through until the Maturity Date, or such earlier date on which dates as the Revolving Commitments hereunder are terminated, subject to the terms and conditions hereof, each Bank severally, but not jointly, agrees to make revolving credit loans (“Revolving Loans”) to the Company from time to time in an aggregate principal amount of up to ONE HUNDRED MILLION DOLLARS ($100,000,000) (as such aggregate maximum amount may be reduced from time to time shall have been terminated as provided in Section 2.9 and/or increased pursuant to Section 2.6) for the purposes hereinafter set forthherein; provided, however, that : (i) with regard to each Bank Lender individually, the sum of such BankLender’s Revolving Commitment Percentage of outstanding Loans plus such BankLender’s Revolving Commitment Percentage of interest in outstanding Swingline Loans plus such Bank’s LOC Commitment Percentage of LOC Obligations shall not exceed such BankLender’s Commitment Percentage of the Committed Amount, and (ii) with regard to the Banks Lenders collectively, the sum aggregate principal amount of the outstanding Loans plus the outstanding Swingline Loans plus outstanding LOC Obligations outstanding shall not exceed the aggregate Revolving Committed Amount of all of and (iii) the BanksLOC Obligations outstanding shall not exceed the LOC Committed Amount. Loans may consist of Base Rate Loans or LIBO Rate Loans, or a combination thereof, as the Company may request, and made hereunder may be repaid and reborrowed in accordance with the provisions hereof. LIBO Rate Loans shall be made by each Bank at its LIBO Lending Office and Alternate Base Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Hines Real Estate Investment Trust Inc)

Revolving Commitment. From During the Closing Date through the Maturity Date, or such earlier date on which the Revolving Commitments hereunder are terminatedCommitment Period, subject to the terms and conditions hereof, each Bank severally, but not jointly, Lender severally agrees to make revolving credit loans ("Revolving Loans") to the Company Borrower from time to time in an aggregate principal amount of up to ONE HUNDRED MILLION DOLLARS ($100,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.9 and/or increased pursuant to Section 2.6) for the purposes hereinafter set forth; provided, however, that (i) with regard to each Bank Lender individually, the sum of such Bank’s Lender's outstanding Revolving Commitment Percentage of outstanding Loans plus such Bank’s Revolving Commitment Percentage of outstanding Swingline Loans plus such Bank’s Lender's LOC Commitment Percentage of LOC Obligations shall not exceed such Bank’s Lender's Revolving Commitment Percentage of the Revolving Committed Amount, Amount and (ii) with regard to the Banks Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans plus the outstanding Swingline Loans plus outstanding LOC Obligations shall not exceed the aggregate Revolving Committed Amount of all of Amount. For purposes hereof, the Banksaggregate amount available under this Section 2.1(a) shall be FIFTY Million DOLLARS ($50,000,000) (as such aggregate maximum amount may be increased or reduced from time to time as provided in Section 2.4, the "Revolving Committed Amount"). Revolving Loans may consist of Alternate Base Rate Loans, LIBOR Rate Loans or LIBO Index Rate Loans, or a combination thereof, as the Company Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBO LIBOR Rate Loans shall be made by each Bank Lender at its LIBO LIBOR Lending Office and Alternate Base Rate Loans and Index Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Dollar Tree Stores Inc)

Revolving Commitment. From During the Closing Date through the Maturity Date, or such earlier date on which the Revolving Commitments hereunder are terminatedCommitment Period, subject to the terms and conditions hereof, each Bank Lender severally, but not jointly, agrees to make revolving credit loans ("Revolving Loans") to the Company Borrowers from time to time in an aggregate principal amount of up to ONE HUNDRED such Lender's Revolving Commitment Percentage of FIFTY MILLION DOLLARS ($100,000,00050,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.9 and/or increased pursuant to Section 2.6, the "Revolving Committed Amount") for the purposes hereinafter set forth; provided, however, that (i) with regard to each Bank Lender individually, the sum of such Bank’s Revolving Commitment Percentage Lender's share of outstanding Revolving Loans plus such Bank’s Lender's Revolving Commitment Percentage of outstanding Swingline Loans plus such Bank’s Lender's LOC Commitment Percentage of outstanding LOC Obligations shall not exceed such Bank’s Committed AmountLender's Revolving Commitment, and (ii) with regard to the Banks Lenders collectively, the sum of the outstanding Revolving Loans plus the outstanding Swingline Loans plus outstanding LOC Obligations shall not exceed the aggregate lesser of (A) the Revolving Committed Amount of all of and (B) the BanksBorrowing Base. Revolving Loans may consist of Alternate Base Rate Loans or LIBO LIBOR Rate Loans, or a combination thereof, as the Company Parent Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBO LIBOR Rate Loans shall be made by each Bank Lender at its LIBO LIBOR Lending Office and Alternate Base Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Si International Inc)

Revolving Commitment. From During the Closing Date through the Maturity Date, or such earlier date on which the Revolving Commitments hereunder are terminatedCommitment Period, subject to the terms and conditions hereof, each Bank severally, but not jointly, Lender severally agrees to make revolving credit loans in Dollars (the "Revolving Loans") to the Company Borrower from time to time in an aggregate principal the amount of up to ONE HUNDRED MILLION DOLLARS ($100,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.9 and/or increased pursuant to Section 2.6) Lender's Revolving Commitment Percentage of such Revolving Loans for the purposes hereinafter set forth; provided, however, provided that (i) with regard to each Bank individuallythe Lenders collectively, the sum Dollar Amount (determined as of such Bank’s the most recent Determination Date) of Revolving Commitment Percentage of Obligations outstanding Loans plus such Bank’s Revolving Commitment Percentage of outstanding Swingline Loans plus such Bank’s LOC Commitment Percentage of LOC Obligations shall not exceed such Bank’s the Aggregate Revolving Committed Amount, as reduced and (ii) with regard to each Lender individually, the Banks collectively, Dollar Amount (determined as of the most recent Determination Date) of such Lender's Revolving Commitment Percentage of the sum of the outstanding Revolving Loans plus the outstanding Foreign Currency Loans plus LOC Obligations plus Swingline Loans plus outstanding LOC Obligations shall not exceed the aggregate such Lender's Revolving Committed Amount of all of the BanksAmount. Revolving Loans may consist of Base Rate Loans or LIBO Rate Eurocurrency Loans, or a combination thereof, as the Company Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBO Rate Loans shall be made by each Bank at its LIBO Lending Office and Alternate Base Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Fritz Companies Inc)

Revolving Commitment. From During the Closing Date through the Maturity Date, or such earlier date on which the Revolving Commitments hereunder are terminatedCommitment Period, subject to the terms and conditions hereof, each Bank severally, but not jointly, Lender severally agrees to make revolving credit loans ("Revolving Loans") to the Company Borrower from time to time in an aggregate principal amount of up to ONE HUNDRED MILLION DOLLARS ($100,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.9 and/or increased pursuant to Section 2.6) for the purposes hereinafter set forth; provided, however, that (i) with regard to each Bank Lender individually, the sum of such Bank’s Lender's outstanding Revolving Commitment Percentage of outstanding Loans plus such Bank’s Revolving Commitment Percentage of outstanding Swingline Loans plus such Bank’s Lender's LOC Commitment Percentage of LOC Obligations shall not exceed such Bank’s Lender's Revolving Commitment Percentage of the Revolving Committed Amount, Amount and (ii) with regard to the Banks Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans plus the outstanding Swingline Loans plus outstanding LOC Obligations shall not exceed the aggregate Revolving Committed Amount Amount. For purposes hereof, the aggregate principal amount of all of Revolving Loans plus LOC Obligations that may be outstanding at any time under this Section 2.1(a) shall not exceed ONE HUNDRED Million DOLLARS ($100,000,000) (as such aggregate maximum amount may be increased or reduced from time to time as provided in Section 2.4, the Banks"Revolving Committed Amount"). Revolving Loans may consist of Alternate Base Rate Loans, LIBOR Rate Loans or LIBO LIBOR Market Index Rate Loans, or a combination thereof, as the Company Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBO LIBOR Rate Loans shall be made by each Bank Lender at its LIBO LIBOR Lending Office and Alternate Base Rate Loans and LIBOR Market Index Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Ruddick Corp)

Revolving Commitment. From During the Closing Date through the Maturity Date, or such earlier date on which the Revolving Commitments hereunder are terminatedCommitment Period, subject to the terms and conditions hereof, each Bank severally, but not jointly, Revolving Lender severally agrees to make revolving credit loans (the "Revolving Loans") to the Company Borrower in Dollars from time to time in an the amount of such Revolving Lender's Revolving Commitment Percentage of such Revolving Loans for the purposes hereinafter set forth; provided that (i) with regard to the Revolving Lenders collectively, the aggregate principal amount of up to Revolving Obligations outstanding at any time shall not exceed ONE HUNDRED TWENTY-FIVE MILLION DOLLARS ($100,000,000125,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.9 and/or increased pursuant to Section 2.6) for accordance with the purposes hereinafter set forth; provided, however, that (i) with regard to each Bank individuallyprovisions hereof, the sum of such Bank’s "Aggregate Revolving Commitment Percentage of outstanding Loans plus such Bank’s Revolving Commitment Percentage of outstanding Swingline Loans plus such Bank’s LOC Commitment Percentage of LOC Obligations shall not exceed such Bank’s Committed Amount"), and (ii) with regard to the Banks collectivelyeach Revolving Lender individually, the sum such Revolving Lender's Revolving Commitment Percentage of the Revolving Obligations outstanding Loans plus the outstanding Swingline Loans plus outstanding LOC Obligations at any time shall not exceed the aggregate such Revolving Lender's Revolving Committed Amount of all of the BanksAmount. Revolving Loans may consist of Base Rate Loans or LIBO Rate Eurodollar Loans, or a combination thereof, as the Company Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBO Rate Loans shall be made by each Bank at its LIBO Lending Office and Alternate Base Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Accredo Health Inc)

Revolving Commitment. From Subject to the terms and conditions of this Agreement and the other Loan Documents, and in reliance upon the representations and warranties set forth in this Agreement and the other Loan Documents, each Lender severally agrees to make Revolving Loans (i) in Dollars or in one or more Alternative Currencies to the US Borrowers and (ii) only in one or more Alternative Currencies to the Non-US Borrower, from time to time from the Closing Date through to and including the Maturity DateTermination Date as requested by the Borrowers in accordance with the terms of Section 2.2; provided, or such earlier date on which that (a) the Revolving Commitments hereunder are terminatedOutstandings shall not exceed the Revolving Commitments, subject (b) the Revolving Credit Exposure of any Lender shall not at any time exceed such Revolving Lender’s Revolving Commitment and (c) the aggregate Revolving Outstandings denominated in Alternative Currencies shall not exceed the Alternative Currency Sublimit. Each Revolving Loan by a Lender shall be in a principal Dollar Equivalent or Alternative Currency Equivalent, as the case may be, equal to such Lender’s Revolving Commitment Pro Rata Share of the aggregate principal amount of Revolving Loans requested on such occasion. Subject to the terms and conditions hereof, each Bank severallythe Borrowers may borrow, but not jointly, agrees to make revolving credit loans (“repay and reborrow Revolving Loans”) to Loans hereunder until the Company from time to time in an aggregate principal amount of up to ONE HUNDRED MILLION DOLLARS ($100,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.9 and/or increased pursuant to Section 2.6) for the purposes hereinafter set forth; provided, however, that (i) with regard to each Bank individually, the sum of such Bank’s Revolving Commitment Percentage of outstanding Loans plus such Bank’s Revolving Commitment Percentage of outstanding Swingline Loans plus such Bank’s LOC Commitment Percentage of LOC Obligations shall not exceed such Bank’s Committed Amount, and (ii) with regard to the Banks collectively, the sum of the outstanding Loans plus the outstanding Swingline Loans plus outstanding LOC Obligations shall not exceed the aggregate Revolving Committed Amount of all of the Banks. Loans may consist of Base Rate Loans or LIBO Rate Loans, or a combination thereof, as the Company may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBO Rate Loans shall be made by each Bank at its LIBO Lending Office and Alternate Base Rate Loans at its Domestic Lending OfficeTermination Date.

Appears in 1 contract

Samples: Credit Agreement (Landauer Inc)

Revolving Commitment. From During the Closing Date through the Maturity Date, or such earlier date on which the Revolving Commitments hereunder are terminatedCommitment Period, subject to the terms and conditions hereof, each Bank severally, but not jointly, Lender severally agrees to make revolving credit loans in Dollars and Available Foreign Currencies (the "Revolving Loans") to the Company Borrower from time to time in an aggregate principal the amount of up to ONE HUNDRED MILLION DOLLARS ($100,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.9 and/or increased pursuant to Section 2.6) Lender's Revolving Commitment Percentage of such Revolving Loans for the purposes hereinafter set forth; provided, however, provided that (i) with regard to each Bank individuallythe Lenders collectively, the sum aggregate principal Dollar Amount (determined as of such Bank’s Revolving Commitment Percentage the most recent Determination Date) of Loans outstanding Loans plus such Bank’s Revolving Commitment Percentage of outstanding Swingline Loans plus such Bank’s LOC Commitment Percentage of LOC Obligations at any time shall not exceed such Bank’s the Aggregate Revolving Committed Amount, and (ii) with regard to the Banks collectivelyeach Lender individually, the sum aggregate principal Dollar Amount (determined as of the most recent Determination Date) of such Lender's Revolving Commitment Percentage of Revolving Loans outstanding Loans plus the outstanding Swingline Loans plus outstanding LOC Obligations at any time shall not exceed the aggregate such Lender's Revolving Committed Amount of all of the BanksAmount. Revolving Loans may consist of Base Rate Loans or LIBO Rate LIBOR Loans, or a combination thereof, as the Company Borrower may request, and Revolving Loans denominated in Available Foreign Currencies shall consist solely of LIBOR Loans, and may be repaid and reborrowed in accordance with the provisions hereof. LIBO Rate Loans shall be made by each Bank at its LIBO Lending Office and Alternate Base Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Universal Corp /Va/)

Revolving Commitment. From the Closing Date through the Maturity Date, or such earlier date on which During the Revolving Commitments hereunder are terminatedCommitment Period, subject to the terms and conditions hereof, each Bank severally, but not jointly, Lender severally agrees to make revolving credit loans (“Revolving Loans”) to the Company Borrower from time to time in an aggregate principal amount of up to ONE HUNDRED MILLION DOLLARS ($100,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.9 and/or increased pursuant to Section 2.6) for the purposes hereinafter set forth; provided, however, that (i) with regard to each Bank Lender individually, the sum amount of such BankLender’s share of outstanding Loans shall not exceed such Lender’s Revolving Commitment Percentage of outstanding Loans plus such Bank’s the aggregate Revolving Commitment Percentage of outstanding Swingline Loans plus such Bank’s LOC Commitment Percentage of LOC Obligations shall not exceed such Bank’s Committed Amount, and (ii) with regard to the Banks Lenders collectively, the sum aggregate amount of the outstanding Loans plus the outstanding Swingline Loans plus outstanding LOC Obligations shall not exceed the aggregate Revolving Committed Amount of all of then in effect. For purposes hereof, the Banksaggregate amount available hereunder shall be THIRTY FIVE MILLION DOLLARS ($35,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.3, the “Revolving Committed Amount”). Loans may consist of Alternate Base Rate Loans or LIBO LIBOR Rate Loans, or a combination thereof, as the Company Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof; provided, however, the Loans made on the Closing Date or on either of the two Business Days immediately following the Closing Date may only consist of Alternate Base Rate Loans. LIBO LIBOR Rate Loans shall be made by each Bank Lender at its LIBO LIBOR Lending Office and Alternate Base Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Stec, Inc.)

Revolving Commitment. From the Closing Date through the Maturity Date, or such earlier date on which During the Revolving Commitments hereunder are terminatedCommitment Period, subject to the terms and conditions hereof, each Bank severally, but not jointly, Lender severally agrees to make revolving credit loans ("Revolving Loans") to the Company Borrower from time to time in an aggregate principal amount of up to ONE HUNDRED MILLION DOLLARS ($100,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.9 and/or increased pursuant to Section 2.6) for the purposes hereinafter set forth; provided, however, that (i) with regard to each Bank Lender individually, the sum of such Bank’s Revolving Commitment Percentage Lender's share of outstanding Revolving Loans plus such Bank’s Revolving Commitment Percentage of outstanding Swingline Loans plus such Bank’s Lender's LOC Commitment Percentage of LOC Obligations plus such Lender's Swing Line Commitment Percentage of outstanding Swing Line Loans shall not exceed such Bank’s Lender's Revolving Committed Amount, and (ii) with regard to the Banks Lenders collectively, the sum of the aggregate amount of all outstanding Revolving Loans plus the outstanding Swingline Loans plus aggregate amount of all outstanding LOC Obligations plus the aggregate amount of all outstanding Swing Line Loans plus the AAL Reserve shall not exceed the lesser of (x) the Borrowing Base and (y) FIFTY-FIVE MILLION DOLLARS ($55,000,000) (as such aggregate maximum amount may be reduced from time to time as provided herein). Revolving Committed Amount of all of the Banks. Loans may consist of Base Rate Loans or LIBO Rate Eurodollar Loans, or a combination thereof, as the Company Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBO Rate Eurodollar Loans shall be made by each Bank Lender at its LIBO Eurodollar Lending Office and Alternate Base Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Senior Secured Revolving Credit Agreement (Midwest Express Holdings Inc)

Revolving Commitment. From During the Closing Date through the Maturity Date, or such earlier date on which the Revolving Commitments hereunder are terminatedCommitment Period, subject to the terms and conditions hereof, each Bank severally, but not jointly, Lender severally agrees to make revolving credit loans ("Revolving Loans") to the Company Borrower from time to time in an aggregate principal amount of up to ONE HUNDRED MILLION DOLLARS ($100,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.9 and/or increased pursuant to Section 2.6) for the purposes hereinafter set forth; provided, however, that (i) with regard to each Bank Lender individually, the sum of such Bank’s Lender's share of outstanding Revolving Loans plus such Lender's Revolving Commitment Percentage of outstanding Loans plus such Bank’s Revolving Commitment Percentage of outstanding Swingline Loans plus such Bank’s Lender's LOC Commitment Percentage of LOC Obligations shall not exceed such Bank’s Lender's Revolving Commitment Percentage of the aggregate Revolving Committed Amount, Amount and (ii) with regard to the Banks Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans plus the outstanding Swingline Loans plus outstanding LOC Obligations shall not exceed the aggregate Revolving Committed Amount of all of Amount. For purposes hereof, the Banks. Loans may consist of Base Rate Loans or LIBO Rate Loans, or a combination thereof, aggregate amount available hereunder shall be THREE HUNDRED MILLION DOLLARS ($300,000,000) (as the Company may request, and such aggregate maximum amount may be repaid and reborrowed increased or reduced from time to time as provided in accordance with the provisions hereof. LIBO Rate Loans shall be made by each Bank at its LIBO Lending Office and Alternate Base Rate Loans at its Domestic Lending Office.Section

Appears in 1 contract

Samples: Credit Agreement (Suiza Foods Corp)

Revolving Commitment. From During the Closing Date through the Maturity Date, or such earlier date on which the Revolving Commitments hereunder are terminatedCommitment Period, subject to the -------------------- terms and conditions hereof, each Bank severally, but not jointly, Revolving Lender severally agrees to make revolving credit loans (the "Revolving Loans") to the Company from time to time Borrower in an aggregate principal the amount of up to ONE HUNDRED MILLION DOLLARS ($100,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.9 and/or increased pursuant to Section 2.6) --------------- Revolving Lender's Revolving Commitment Percentage of such Revolving Loans for the purposes hereinafter set forth; provided, however, provided that (i) with regard to each Bank individuallythe -------- Revolving Lenders collectively, the sum aggregate principal amount of such Bank’s Revolving Commitment Percentage of outstanding Loans plus such Bank’s Revolving Commitment Percentage of outstanding Swingline Loans plus such Bank’s LOC Commitment Percentage of LOC Obligations at any time shall not exceed such Bank’s ONE HUNDRED TWENTY-FIVE MILLION DOLLARS ($125,000,000) (the "Aggregate Revolving Committed Amount, ") and (ii) with regard ------------------------------------ to the Banks collectivelyeach Revolving Lender individually, the sum such Revolving Lender's Revolving Commitment Percentage of the outstanding Loans plus the outstanding Swingline Loans plus outstanding LOC Revolving Obligations at any time shall not exceed the aggregate such Revolving Lender's Revolving Committed Amount of all of the BanksAmount. Revolving Loans may consist of Base Rate Loans or LIBO Rate Eurodollar Loans, or a combination thereof, as the Company Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBO Rate Loans shall be made by each Bank at its LIBO Lending Office and Alternate Base Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Triad Hospitals Inc)

Revolving Commitment. From During the Closing Date through the Maturity Date, or such earlier date on which the Revolving Commitments hereunder are terminatedCommitment Period, subject to the terms and conditions hereof, each Bank severally, but not jointly, Revolving Lender severally agrees to make revolving credit loans in Dollars (“Revolving Loans”) to the Company Borrowers from time to time in an aggregate principal amount of up to ONE HUNDRED MILLION DOLLARS ($100,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.9 and/or increased pursuant to Section 2.6) for the purposes hereinafter set forth; provided, however, that (i) with regard to each Bank Revolving Lender individually, the sum of such BankRevolving Lender’s Revolving Commitment Percentage of the aggregate principal amount of outstanding Revolving Loans plus such BankRevolving Lender’s Revolving Commitment Percentage of outstanding Swingline Loans plus such BankRevolving Lender’s LOC Revolving Commitment Percentage of outstanding LOC Obligations shall not exceed such BankRevolving Lender’s Committed Amount, Revolving Commitment and (ii) with regard to the Banks Revolving Lenders collectively, the sum of the aggregate principal amount of outstanding Revolving Loans plus the outstanding Swingline Loans plus outstanding LOC Obligations shall not exceed the aggregate Revolving Committed Amount of all of then in effect. For purposes hereof, the Banks. Loans may consist of Base Rate Loans or LIBO Rate Loans, or a combination thereof, as the Company may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBO Rate aggregate principal amount available hereunder for Revolving Loans shall be made by each Bank at its LIBO Lending Office and Alternate Base Rate Loans at its Domestic Lending Office.TWENTY MILLION DOLLARS ($20,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section

Appears in 1 contract

Samples: Agency Succession and Amendment Agreement (GateHouse Media, Inc.)

Revolving Commitment. From During the Closing Date through the Maturity Date, or such earlier date on which the Revolving Commitments hereunder are terminatedCommitment Period, subject to the terms and conditions hereof, each Bank severally, but not jointly, Lender severally agrees to make revolving credit loans ("Revolving Loans") to the Company Borrower from time to time in an aggregate principal amount of up to ONE HUNDRED MILLION DOLLARS ($100,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.9 and/or increased pursuant to Section 2.6) for the purposes hereinafter set forth; provided, however, that (i) with regard to each Bank Lender individually, the sum of such Bank’s Lender's share of outstanding Revolving Loans plus such Lender's Revolving Commitment Percentage of outstanding Loans plus such Bank’s Revolving Commitment Percentage of outstanding Swingline Loans plus such Bank’s Lender's LOC Commitment Percentage of LOC Obligations shall not exceed such Bank’s Lender's Revolving Committed Amount, and (ii) with regard to the Banks Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans plus Swingline Loans plus the outstanding Swingline Loans plus outstanding aggregate amount of LOC Obligations shall not exceed FIFTY-FIVE MILLION DOLLARS ($55,000,000) (as such aggregate maximum amount may be reduced from time to time as provided herein, the aggregate "Revolving Committed Amount of all of the BanksAmount"). Revolving Loans may consist of Base Rate Loans or LIBO Rate Eurodollar Loans, or a combination thereof, as the Company Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBO Rate Eurodollar Loans shall be made by each Bank Lender at its LIBO Eurodollar Lending Office and Alternate Base Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Manitowoc Co Inc)

Revolving Commitment. From During the Closing Date through the Maturity Date, or such earlier date on which the Revolving Commitments hereunder are terminatedCommitment Period, subject to the terms and conditions hereof, each Bank severally, but not jointly, Lender severally agrees to make revolving credit loans ("Revolving Loans") to the Company Borrower from time to time in an aggregate principal amount of up to ONE HUNDRED MILLION DOLLARS ($100,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.9 and/or increased pursuant to Section 2.6) for the purposes hereinafter set forth; provided, however, that (i) with regard to each Bank Lender individually, the sum of such Bank’s Lender's share of outstanding Revolving Loans plus such Lender's Revolving Commitment Percentage of outstanding Loans plus such Bank’s Revolving Commitment Percentage of outstanding Swingline Loans plus such Bank’s Lender's LOC Commitment Percentage of LOC Obligations shall not exceed such Bank’s Lender's Revolving Commitment Percentage of the aggregate Revolving Committed Amount, and (ii) with regard to the Banks Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans plus the outstanding Swingline Loans plus outstanding LOC Obligations shall not exceed the aggregate Revolving Committed Amount of all of Amount. For purposes hereof, the Banksaggregate amount available hereunder shall be ONE HUNDRED FIFTY MILLION DOLLARS ($150,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.6, the "Revolving Committed Amount"). Revolving Loans may consist of Alternate Base Rate Loans or LIBO LIBOR Rate Loans, or a combination thereof, as the Company Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBO LIBOR Rate Loans shall be made by each Bank Lender at its LIBO LIBOR Lending Office and Alternate Base Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Dan River Inc /Ga/)

Revolving Commitment. From During the Closing Date through the Maturity Date, or such earlier date on which the Revolving Commitments hereunder are terminatedCommitment Period, subject to -------------------- the terms and conditions hereof, each Bank severally, but not jointly, Revolving Lender severally agrees to make revolving credit loans (the "Revolving Loans") to the Company Borrower in Dollars from --------------- time to time in an aggregate principal the amount of up to ONE HUNDRED MILLION DOLLARS ($100,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.9 and/or increased pursuant to Section 2.6) Revolving Lender's Revolving Commitment Percentage of the Revolving Loans requested by the Borrower hereunder for the purposes hereinafter set forth; provided, however, provided that (i) the aggregate principal amount -------- of Revolving Obligations outstanding shall not at any time exceed TWO HUNDRED NINETY MILLION DOLLARS ($290,000,000) (as such amount may be increased or reduced from time to time in accordance with the provisions hereof, the "Total ----- Revolving Committed Amount"), (ii) the aggregate principal amount of Loan -------------------------- Obligations outstanding shall not at any time exceed the Borrowing Base, and (iii) with regard to each Bank Revolving Lender individually, the sum of such Bank’s Revolving Lender's Revolving Commitment Percentage of the Revolving Obligations outstanding Loans plus such Bank’s Revolving Commitment Percentage of outstanding Swingline Loans plus such Bank’s LOC Commitment Percentage of LOC Obligations shall not at any time exceed such Bank’s Committed Amount, and (ii) with regard to the Banks collectively, the sum of the outstanding Loans plus the outstanding Swingline Loans plus outstanding LOC Obligations shall not exceed the aggregate Revolving Committed Amount of all of the BanksLender's Revolving Commitment. Revolving Loans may consist of Base Rate Loans or LIBO Rate Eurodollar Loans, or a combination thereof, as the Company Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBO Rate Loans shall be made by each Bank at its LIBO Lending Office and Alternate Base Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit, Security and Guaranty Agreement (Ventas Inc)

Revolving Commitment. From During the Closing Date through the Maturity Date, or such earlier date on which the Revolving Commitments hereunder are terminatedCommitment Period, subject to the terms and conditions hereof, each Bank severally, but not jointly, Lender severally agrees to make revolving credit loans (“Revolving Loans”) to the Company Borrower from time to time in an aggregate principal amount of up to ONE HUNDRED MILLION DOLLARS ($100,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.9 and/or increased pursuant to Section 2.6) for the purposes hereinafter set forth; provided, however, that (i) with regard to each Bank Lender individually, the sum of such BankLender’s share of outstanding Revolving Loans plus such Lender’s Revolving Commitment Percentage of outstanding Loans plus such Bank’s Revolving Commitment Percentage of outstanding Swingline Loans plus such BankLender’s LOC Commitment Percentage of LOC Obligations shall not exceed such BankLender’s Revolving Commitment Percentage of the aggregate Revolving Committed Amount, and (ii) with regard to the Banks Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans plus the outstanding Swingline Loans plus outstanding LOC Obligations shall not exceed the aggregate Revolving Committed Amount of all of Amount. For purposes hereof, the Banksaggregate amount available hereunder shall be THREE HUNDRED MILLION DOLLARS ($300,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.5 or increased as provided in Section 2.1(f), the “Revolving Committed Amount”). Revolving Loans may consist of Alternate Base Rate Loans or LIBO LIBOR Rate Loans, or a combination thereof, as the Company Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBO LIBOR Rate Loans shall be made by each Bank Lender at its LIBO LIBOR Lending Office and Alternate Base Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (International Speedway Corp)

Revolving Commitment. From Subject to the terms and conditions hereof and in reliance upon the representations and warranties set forth herein, each Lender severally agrees to make available to the Borrower such Lender's Revolving Commitment Percentage of revolving credit loans requested by the Borrower in Dollars ("Revolving Loans") from time to time from the Closing Date through until the Maturity Date, or such earlier date on which as the Revolving Commitments hereunder are terminatedshall have been terminated as provided herein; provided, subject however, that (i) with regard to the terms and conditions hereofLenders collectively, each Bank severally, but the Dollar Amount (determined as of the most recent Determination Date) of Revolving Obligations outstanding shall not jointly, agrees to make revolving credit loans (“Revolving Loans”) to the Company from time to time in an aggregate principal amount of up to ONE exceed TWO HUNDRED MILLION DOLLARS ($100,000,000200,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.9 and/or increased pursuant to Section 2.6) for 3.4, the purposes hereinafter set forth"Revolving Committed Amount"); provided, howeverfurther, that (i) with regard to each Bank individually, the sum of such Bank’s Revolving Commitment Percentage of outstanding Loans plus such Bank’s Revolving Commitment Percentage of outstanding Swingline Loans plus such Bank’s LOC Commitment Percentage of LOC Obligations shall not exceed such Bank’s Committed Amount, and (ii) with regard to each Lender individually, the Banks collectively, Dollar Amount (determined as of the most recent Determination Date) of such Lender's Revolving Commitment Percentage of the sum of the outstanding Revolving Loans plus the outstanding Foreign Currency Loans plus LOC Obligations plus Swingline Loans plus outstanding LOC Obligations shall not exceed the aggregate such Lender's Revolving Committed Amount of all of the Banks. Loans may consist of Base Rate Loans or LIBO Rate Loans, or a combination thereof, as the Company may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBO Rate Loans shall be made by each Bank at its LIBO Lending Office and Alternate Base Rate Loans at its Domestic Lending OfficeAmount.

Appears in 1 contract

Samples: Credit Agreement (Profit Recovery Group International Inc)

Revolving Commitment. From During the Closing Date through the Maturity Date, or such earlier date on which the Revolving Commitments hereunder are terminatedCommitment Period, subject to the terms and conditions hereof, each Bank severally, but not jointly, Lender severally agrees to make revolving credit loans ("Revolving Loans") to the Company Borrower from time to time in an aggregate principal amount of up to ONE HUNDRED MILLION DOLLARS ($100,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.9 and/or increased pursuant to Section 2.6) for the purposes hereinafter set forth; provided, however, that (i) with regard to each Bank Lender individually, the sum of such Bank’s Lender's share of outstanding Revolving Loans plus such Lender's Revolving Commitment Percentage of outstanding Loans plus such Bank’s Revolving Commitment Percentage of outstanding Swingline Loans plus such Bank’s Lender's LOC Commitment Percentage of LOC Obligations shall not exceed such Bank’s Lender's Revolving Committed Amount, and (ii) with regard to the Banks Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans plus Swingline Loans plus the outstanding Swingline Loans plus outstanding aggregate amount of LOC Obligations shall not exceed ONE HUNDRED TWENTY-FIVE MILLION DOLLARS ($125,000,000) (as such aggregate maximum amount may be reduced from time to time as provided herein, the aggregate "Revolving Committed Amount of all of the BanksAmount"). Revolving Loans may consist of Base Rate Loans or LIBO Rate Eurodollar Loans, or a combination thereof, as the Company Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBO Rate Eurodollar Loans shall be made by each Bank Lender at its LIBO Eurodollar Lending Office and Alternate Base Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Manitowoc Co Inc)

Revolving Commitment. From During the Closing Date through the Maturity Date, or such earlier date on which the Revolving Commitments hereunder are terminatedCommitment Period, subject to the terms and conditions hereof, each Bank severally, but not jointly, Revolving Lender severally agrees to make revolving credit loans (the “Revolving Loans”) to the Company from time to time Borrower in an aggregate principal Dollars or in one or more Alternative Currencies in the amount of up to ONE HUNDRED MILLION DOLLARS ($100,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.9 and/or increased pursuant to Section 2.6) Revolving Lender’s Revolving Commitment Percentage of such Revolving Loans for the purposes hereinafter set forth; provided, however, provided that (i) with regard to each Bank individuallythe Revolving Lenders collectively, (A) the sum aggregate principal amount of such Bank’s Revolving Commitment Percentage of outstanding Loans plus such Bank’s Revolving Commitment Percentage of outstanding Swingline Loans plus such Bank’s LOC Commitment Percentage of LOC Obligations at any time shall not exceed such Bank’s SIX HUNDRED MILLION DOLLARS ($600,000,000), subject to reduction pursuant to Section 3.4 (the “Aggregate Revolving Committed Amount, ”) and (B) the aggregate principal amount of Revolving Obligations denominated in Alternative Currencies shall not exceed the Alternative Currency Sublimit and (ii) with regard to the Banks collectivelyeach Revolving Lender individually, the sum such Revolving Lender’s Revolving Commitment Percentage of the outstanding Loans plus the outstanding Swingline Loans plus outstanding LOC Revolving Obligations at any time shall not exceed the aggregate such Revolving Lender’s Revolving Committed Amount of all of the BanksAmount. Revolving Loans may consist of Base Rate Loans or LIBO Rate Eurocurrency Loans, or a combination thereof, as the Company Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBO Rate Loans shall be made by each Bank at its LIBO Lending Office and Alternate Base Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Triad Hospitals Inc)

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Revolving Commitment. From During the Closing Date through the Maturity Date, or such earlier date on which the Revolving Commitments hereunder are terminatedCommitment Period, subject to the terms and conditions hereof, each Bank severally, but not jointly, Lender severally agrees to make revolving credit loans (the "Revolving Loans") to the Company Borrower in Dollars from time to time in an aggregate principal the amount of up to ONE HUNDRED MILLION DOLLARS ($100,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.9 and/or increased pursuant to Section 2.6) Lender's Revolving Commitment Percentage of such Revolving Loans for the purposes hereinafter set forth; provided, however, provided that no Lender shall be obligated to make any Revolving Loan if after giving effect to thereto (i) with regard to each Bank individuallythe Lenders collectively, the sum aggregate principal amount of such Bank’s Obligations outstanding would exceed the lesser of (A) the Aggregate Revolving Commitment Percentage of outstanding Loans plus such Bank’s Revolving Commitment Percentage of outstanding Swingline Loans plus such Bank’s LOC Commitment Percentage of LOC Obligations shall not exceed such Bank’s Committed AmountAmount or (B) the North American Borrowing Base, and (ii) with regard to the Banks collectivelyeach Lender individually, the sum such Lender's Revolving Commitment Percentage of the Obligations outstanding Loans plus the outstanding Swingline Loans plus outstanding LOC Obligations shall not would exceed the aggregate lesser of (A) such Lender's Revolving Committed Amount of all or (B) an amount equal to such Lender's Revolving Commitment Percentage of the BanksNorth American Borrowing Base. Revolving Loans may consist of Base Rate Loans or LIBO Rate Eurodollar Loans, or a combination thereof, as the Company Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBO Rate Loans shall be made by each Bank at its LIBO Lending Office and Alternate Base Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Take Two Interactive Software Inc)

Revolving Commitment. From During the Closing Date through the Maturity Date, or such earlier date on which the Revolving Commitments hereunder are terminatedCommitment Period, subject to the terms and conditions hereof, each Bank severally, but not jointly, Lender severally agrees to make revolving credit loans (“Revolving Loans”) to the Company Borrower from time to time in an aggregate principal amount of up to ONE HUNDRED MILLION DOLLARS ($100,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.9 and/or increased pursuant to Section 2.6) for the purposes hereinafter set forth; provided, however, that (i) with regard to each Bank Lender individually, the sum of such BankLender’s share of outstanding Revolving Loans plus such Lender’s Revolving Commitment Percentage of outstanding Loans plus such Bank’s Revolving Commitment Percentage of outstanding Swingline Loans plus such BankLender’s LOC Commitment Percentage of LOC Obligations shall not exceed such BankLender’s Revolving Commitment Percentage of the aggregate Revolving Committed Amount, and (ii) with regard to the Banks Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans plus the outstanding Swingline Loans plus outstanding LOC Obligations shall not exceed the aggregate Revolving Committed Amount of all of Amount. For purposes hereof, the Banksaggregate amount available hereunder shall be ONE HUNDRED FIFTY MILLION DOLLARS ($150,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.5, the “Revolving Committed Amount”). Revolving Loans may consist of Alternate Base Rate Loans or LIBO LIBOR Rate Loans, or a combination thereof, as the Company Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBO LIBOR Rate Loans shall be made by each Bank Lender at its LIBO LIBOR Lending Office and Alternate Base Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Consolidated Graphics Inc /Tx/)

Revolving Commitment. From the Closing Date through the Maturity Date, or such earlier date on which During the Revolving Commitments hereunder are terminatedCommitment Period, subject to the terms and conditions hereof, each Bank severally, but not jointly, Revolving Lender severally agrees to make revolving credit loans in Dollars (“Revolving Loans”) to the Company Borrower from time to time in an aggregate principal amount of up to ONE HUNDRED MILLION DOLLARS ($100,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.9 and/or increased pursuant to Section 2.6) for the purposes hereinafter set forth; provided, however, that (i) with regard to each Bank Revolving Lender individually, the sum of such BankRevolving Lender’s Revolving Commitment Percentage of the aggregate principal amount of outstanding Revolving Loans plus such Bank’s Revolving Commitment Percentage of outstanding Swingline Loans plus such Bank’s LOC Commitment Percentage of outstanding Revolving LOC Obligations shall not exceed such BankRevolving Lender’s Committed Amount, Revolving Commitment and (ii) with regard to the Banks Revolving Lenders collectively, the sum of the aggregate principal amount of outstanding Revolving Loans plus the outstanding Swingline Loans plus outstanding Revolving LOC Obligations shall not exceed the aggregate Revolving Committed Amount of all of then in effect. For purposes hereof, the Banks. Loans aggregate principal amount available for Revolving Loan borrowings hereunder shall be ONE HUNDRED FIFTY MILLION DOLLARS ($150,000,000) (as such aggregate maximum amount may consist of Base Rate Loans or LIBO Rate Loansbe reduced from time to time as provided in Section 2.8, or a combination thereofincreased from time to time as provided in Section 2.23, as the Company may request, and may be repaid and reborrowed in accordance with the provisions hereof“Revolving Committed Amount”). LIBO LIBOR Rate Loans shall be made by each Bank Revolving Lender at its LIBO LIBOR Lending Office and Alternate Base Rate Loans at its Domestic Lending Office. No Revolving Loans shall be made on the Closing Date.

Appears in 1 contract

Samples: Credit Agreement (Gencorp Inc)

Revolving Commitment. From During the Closing Date through the Maturity Date, or such earlier date on which the Revolving Commitments hereunder are terminatedCommitment Period, subject to the terms and conditions hereof, each Bank severally, but not jointly, Lender severally agrees to make revolving credit loans ("Revolving Loans") to the Company Borrower from time to time in an aggregate principal amount of up to ONE HUNDRED MILLION DOLLARS ($100,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.9 and/or increased pursuant to Section 2.6) for the purposes hereinafter set forth; provided, however, that (i) with regard to each Bank Lender individually, the sum of such Bank’s Lender's share of outstanding Revolving Loans plus such Lender's Revolving Commitment Percentage of outstanding Loans plus such Bank’s Revolving Commitment Percentage of outstanding Swingline Loans plus such Bank’s Lender's LOC Commitment Percentage of LOC Obligations shall not exceed such Bank’s Lender's Revolving Commitment Percentage of the aggregate Revolving Committed Amount, and (ii) with regard to the Banks Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans plus the outstanding Swingline Loans plus outstanding LOC Obligations shall not exceed the aggregate lesser of (A) the Revolving Committed Amount of all of and (B) the BanksBorrowing Base. For purposes hereof, the aggregate maximum amount available hereunder shall be TWENTY FIVE MILLION DOLLARS ($25,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.7, the "Revolving Committed Amount"). Revolving Loans may consist of Alternate Base Rate Loans or LIBO LIBOR Rate Loans, or a combination thereof, as the Company Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBO Rate Loans shall be made by each Bank at its LIBO Lending Office and Alternate Base Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (TTM Technologies Inc)

Revolving Commitment. From During the Closing Date through the Maturity Date, or such earlier date on which the Revolving Commitments hereunder are terminatedCommitment Period, subject to the terms and conditions hereof, each Bank severally, but not jointly, Lender severally agrees to make revolving credit loans ("Revolving Loans") to the Company Borrower from time to time in an aggregate principal amount of up to ONE HUNDRED MILLION DOLLARS ($100,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.9 and/or increased pursuant to Section 2.6) for the purposes hereinafter set forth; provided, however, that (i) with regard to each Bank Lender individually, the sum of such Bank’s Lender's share of outstanding Revolving Loans plus such Lender's Revolving Commitment Percentage of outstanding Loans plus such Bank’s Revolving Commitment Percentage of outstanding Swingline Loans plus such Bank’s Lender's LOC Commitment Percentage of LOC Obligations shall not exceed such Bank’s Lender's Revolving Commitment Percentage of the aggregate Revolving Committed Amount, and (ii) with regard to the Banks Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans plus the outstanding Swingline Loans plus outstanding LOC Obligations Obligations, shall not exceed the aggregate Revolving Committed Amount of all of Amount. For purposes hereof, the Banksaggregate amount available hereunder shall be TWO HUNDRED FIFTY MILLION DOLLARS ($250,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.6, the "Revolving Committed Amount"). Revolving Loans may consist of Alternate Base Rate Loans or LIBO LIBOR Rate Loans, or a combination thereof, as the Company Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBO LIBOR Rate Loans shall be made by each Bank Lender at its LIBO LIBOR Lending Office and Alternate Base Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Florida Rock Industries Inc)

Revolving Commitment. From During the Closing Date through the Maturity Date, or such earlier date on which the Revolving Commitments hereunder are terminatedCommitment Period, subject to the terms and conditions hereof, each Bank severally, but not jointly, Lender severally agrees to make revolving credit loans ("Revolving Loans") to the Company Borrower from time to time in an aggregate principal amount of up to ONE HUNDRED MILLION DOLLARS ($100,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.9 and/or increased pursuant to Section 2.6) for the purposes hereinafter set forth; provided, however, that (i) with regard to each Bank Lender individually, the sum of such Bank’s Lender's share of outstanding Revolving Loans plus such Lender's LOC Commitment Percentage of outstanding LOC Obligations plus such Lender's Revolving Commitment Percentage of outstanding Loans plus such Bank’s Revolving Commitment Percentage of outstanding Swingline Loans plus such Bank’s LOC Commitment Percentage of LOC Obligations shall not exceed such Bank’s Lender's Revolving Committed Amount, and (ii) with regard to the Banks Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans plus the outstanding LOC Obligations plus Swingline Loans plus outstanding LOC Obligations shall not exceed SEVENTY-FIVE MILLION DOLLARS ($75,000,000) (as such aggregate maximum amount may be reduced or increased from time to time as provided herein, the aggregate "Revolving Committed Amount of all of the BanksAmount"). Revolving Loans may consist of Base Rate Loans or LIBO Rate Eurodollar Loans, or a combination thereof, as the Company Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBO Rate Eurodollar Loans shall be made by each Bank Lender at its LIBO Eurodollar Lending Office and Alternate Base Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Cort Business Services Corp)

Revolving Commitment. From Subject to and upon the terms and conditions and relying upon the representations and warranties herein set forth, each Lender agrees, severally and not jointly, at any time and from time to time from the Closing Date through until the Maturity Date, or such earlier date on which the Revolving Commitments hereunder are terminated, subject to the terms and conditions hereof, each Bank severally, but not jointly, agrees to make revolving credit loans (each a "Revolving Loan" and, collectively, "Revolving Loans") to the Company from time Borrower for the purposes set forth in Section 7.10; provided, however, (i) with regard to time in an each Lender individually, such Lender's pro rata share of outstanding Revolving Loans shall not exceed such Lender's Commitment Percentage of the Revolving Committed Amount, (ii) with regard to the Lenders collectively, the aggregate principal amount of up to Revolving Loans outstanding shall not exceed ONE HUNDRED THIRTY-FIVE MILLION DOLLARS ($100,000,000) (135,000,000), as such aggregate maximum amount may be reduced or increased from time to time as provided in Section 2.9 and/or 2.04 or as otherwise provided herein (such amount, as so reduced or increased pursuant from time to Section 2.6time, the "Revolving Committed Amount"), and (iii) for in addition to the purposes hereinafter limitations set forth; provided, however, that forth in the preceding subparagraphs (i) with regard to each Bank individuallyand (ii), in no event shall the sum of such Bank’s Revolving Commitment Percentage of Loans outstanding plus Competitive Loans plus such Bank’s outstanding exceed the Revolving Commitment Percentage of outstanding Swingline Loans plus such Bank’s LOC Commitment Percentage of LOC Obligations shall not exceed such Bank’s Committed Amount, and (ii) with regard to the Banks collectively, the sum of the outstanding . Revolving Loans plus the outstanding Swingline Loans plus outstanding LOC Obligations shall not exceed the aggregate Revolving Committed Amount of all of the Banks. Loans hereunder may consist of Base Rate Loans or LIBO Rate Loans, Eurodollar Loans (or a combination thereof, ) as the Company Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBO Rate Loans shall be made by each Bank at its LIBO Lending Office and Alternate Base Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Agreement (Ralcorp Holdings Inc)

Revolving Commitment. From During the Closing Date through the Maturity Date, or such earlier date on which the Revolving Commitments hereunder are terminatedCommitment Period, subject to the terms and conditions hereof, each Bank severally, but not jointly, Lender severally agrees to make revolving credit loans (“Revolving "Loans") to the Company Borrower from time to time in an aggregate principal amount of up to ONE HUNDRED MILLION DOLLARS ($100,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.9 and/or increased pursuant to Section 2.6) for the purposes hereinafter set forth; provided, however, that (i) with regard to each Bank Lender individually, the sum of such Bank’s Revolving Commitment Percentage Lender's share of outstanding Loans plus such Bank’s Revolving Lender's LOC Commitment Percentage of outstanding Swingline Loans plus such Bank’s LOC Commitment Percentage of LOC Obligations shall not exceed such Bank’s Lender's Revolving Commitment Percentage of the aggregate Revolving Committed Amount, and (ii) with regard to the Banks Lenders collectively, the sum of the aggregate amount of outstanding Loans plus the outstanding Swingline Loans plus outstanding LOC Obligations shall not exceed the aggregate Revolving Committed Amount of all of Amount. For purposes hereof, the Banksaggregate amount available hereunder shall be FIFTY MILLION DOLLARS ($50,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.4, the "Revolving Committed Amount"). Loans may consist of Alternate Base Rate Loans or LIBO LIBOR Rate Loans, or a combination thereof, as the Company Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof; provided that no more than five (5) separate LIBOR Tranches shall be outstanding at any one time. LIBO LIBOR Rate Loans shall be made by each Bank Lender at its LIBO LIBOR Lending Office and Alternate Base Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Bassett Furniture Industries Inc)

Revolving Commitment. From During the Closing Date through the Maturity Date, or such earlier date on which the Revolving Commitments hereunder are terminatedCommitment Period, subject -------------------- to the terms and conditions hereof, each Bank severally, but not jointly, Lender severally agrees to make revolving credit loans ("Revolving Loans") to the Company Borrower from time to --------------- time in an for the purposes hereinafter set forth; provided, however, that (i) --------- ------- with regard to each Lender individually, such Lender's share of outstanding Revolving Loans shall not exceed such Lender's Revolving Committed Amount, and (ii) with regard to the Lenders collectively, the sum of the aggregate principal amount of up to ONE HUNDRED outstanding Revolving Loans shall not exceed TWENTY FIVE MILLION DOLLARS ($100,000,00025,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.9 and/or increased pursuant to Section 2.6) for the purposes hereinafter set forth; provided, however, that (i) with regard to each Bank individuallyherein, the sum of such Bank’s "Revolving Commitment Percentage of outstanding Loans plus such Bank’s Revolving Commitment Percentage of outstanding Swingline Loans plus such Bank’s LOC Commitment Percentage of LOC Obligations shall not exceed such Bank’s Committed Amount, and (ii) with regard to the Banks collectively, the sum of the outstanding Loans plus the outstanding Swingline Loans plus outstanding LOC Obligations shall not exceed the aggregate "). Revolving Committed Amount of all of the Banks. Loans may consist of Base Rate -------------------------- Loans or LIBO LIBOR Rate Loans, or a combination thereof, as the Company Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBO LIBOR Rate Loans shall be made by each Bank Lender at its LIBO LIBOR Lending Office and Alternate Base Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (T Sf Communications Corp)

Revolving Commitment. From the Closing Date through the Maturity Date, or such earlier date on which During the Revolving Commitments hereunder are terminatedCommitment Period, subject to the terms and conditions hereof, each Bank severally, but not jointly, Lender severally agrees to make revolving credit loans ("Revolving Loans") to the Company Borrower from time to time in an aggregate principal amount of up to ONE HUNDRED MILLION DOLLARS ($100,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.9 and/or increased pursuant to Section 2.6) for the purposes hereinafter set forth; provided, however, that (i) with regard to each Bank Lender individually, the sum of such Bank’s Revolving Commitment Percentage Lender's share of outstanding Revolving Loans plus such Bank’s Revolving Commitment Percentage of outstanding Swingline Loans plus such Bank’s Lender's LOC Commitment Percentage of LOC Obligations plus such Lender's Swing Line Commitment Percentage of outstanding Swing Line Loans shall not exceed such Bank’s Lender's Revolving Committed Amount, and (ii) with regard to the Banks Lenders collectively, the sum of the aggregate amount of all outstanding Revolving Loans plus the outstanding Swingline Loans plus aggregate amount of all outstanding LOC Obligations plus the aggregate amount of all outstanding Swing Line Loans plus the AAL Reserve shall not exceed the aggregate Revolving Committed Amount of all of the Banks(as such aggregate maximum amount is reduced from time to time as provided herein). Revolving Loans may shall consist of Base Rate Loans or LIBO Rate Loans, or a combination thereof, as the Company may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBO Rate Loans shall be made by each Bank at its LIBO Lending Office and Alternate Base Rate Loans Lender at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Midwest Express Holdings Inc)

Revolving Commitment. From During the Closing Date through the Maturity Date, or such earlier date on which the Revolving Commitments hereunder are terminatedCommitment Period, subject to the terms and conditions hereof, each Bank severally, but not jointly, Lender severally agrees to make revolving credit loans (“Revolving Loans”"REVOLVING LOANS") to the Company Borrower from time to time in an for the purposes hereinafter set forth; PROVIDED, HOWEVER, that (i) with regard to each Lender individually, the sum of such Lender's share of outstanding Revolving Loans PLUS such Lender's Revolving Commitment Percentage of Swingline Loans PLUS such Lender's LOC Commitment Percentage of LOC Obligations shall not exceed such Lender's Revolving Commitment Percentage of the aggregate principal Revolving Committed Amount, and (ii) with regard to the Lenders collectively, the sum of the aggregate amount of up to ONE HUNDRED outstanding Revolving Loans PLUS Swingline Loans PLUS LOC Obligations shall not exceed the Revolving Committed Amount. For purposes hereof, the aggregate amount available hereunder shall be TWENTY FIVE MILLION DOLLARS ($100,000,00025,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.9 and/or increased pursuant to Section 2.6) for the purposes hereinafter set forth; provided, however, that (i) with regard to each Bank individually2.7, the sum of such Bank’s "REVOLVING COMMITTED AMOUNT"). Revolving Commitment Percentage of outstanding Loans plus such Bank’s Revolving Commitment Percentage of outstanding Swingline Loans plus such Bank’s LOC Commitment Percentage of LOC Obligations shall not exceed such Bank’s Committed Amount, and (ii) with regard to the Banks collectively, the sum of the outstanding Loans plus the outstanding Swingline Loans plus outstanding LOC Obligations shall not exceed the aggregate Revolving Committed Amount of all of the Banks. Loans may consist of Alternate Base Rate Loans or LIBO LIBOR Rate Loans, or a combination thereof, as the Company Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBO Rate Loans shall be made by each Bank at its LIBO Lending Office and Alternate Base Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (TTM Technologies Inc)

Revolving Commitment. From During the Closing Date through the Maturity Date, or such earlier date on which the Revolving Commitments hereunder are terminatedCommitment Period, subject to the -------------------- terms and conditions hereof, each Bank severally, but not jointly, Revolving Lender severally agrees to make revolving credit loans (the "Revolving Loans") to the Company from time to time Borrower in an aggregate principal the amount of up to ONE HUNDRED MILLION DOLLARS ($100,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.9 and/or increased pursuant to Section 2.6) --------------- Revolving Lender's Revolving Commitment Percentage of such Revolving Loans for the purposes hereinafter set forth; provided, however, provided that (i) with regard to each Bank individuallythe -------- Revolving Lenders collectively, the sum aggregate principal amount of such Bank’s Revolving Commitment Percentage of outstanding Loans plus such Bank’s Revolving Commitment Percentage of outstanding Swingline Loans plus such Bank’s LOC Commitment Percentage of LOC Obligations at any time shall not exceed such Bank’s TWO HUNDRED FIFTY MILLION DOLLARS ($250,000,000), subject to reduction pursuant to Section 3.4 (the "Aggregate --------- Revolving Committed Amount, ") and (ii) with regard to the Banks collectivelyeach Revolving Lender -------------------------- individually, the sum such Revolving Lender's Revolving Commitment Percentage of the outstanding Loans plus the outstanding Swingline Loans plus outstanding LOC Revolving Obligations at any time shall not exceed the aggregate such Revolving Lender's Revolving Committed Amount of all of the BanksAmount. Revolving Loans may consist of Base Rate Loans or LIBO Rate Eurodollar Loans, or a combination thereof, as the Company Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBO Rate Loans shall be made by each Bank at its LIBO Lending Office and Alternate Base Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Triad Hospitals Inc)

Revolving Commitment. From During the Closing Date through the Maturity Date, or such earlier date on which the Revolving Commitments hereunder are terminatedCommitment Period, subject to the terms and conditions hereof, each Bank severally, but not jointly, Lender severally agrees to make revolving credit loans (“Revolving Loans”) to the Company Borrower from time to time in an aggregate principal amount of up to ONE HUNDRED MILLION DOLLARS ($100,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.9 and/or increased pursuant to Section 2.6) for the purposes hereinafter set forth; provided, however, that (i) with regard to each Bank Lender individually, the sum of such BankLender’s share of outstanding Revolving Loans plus such Lender’s Revolving Commitment Percentage of outstanding Loans plus such Bank’s Revolving Commitment Percentage of outstanding Swingline Loans plus such BankLender’s LOC Commitment Percentage of LOC Obligations shall not exceed such BankLender’s Revolving Commitment Percentage of the aggregate Revolving Committed Amount, and (ii) with regard to the Banks Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans plus the outstanding Swingline Loans plus outstanding LOC Obligations shall not exceed the aggregate Revolving Committed Amount of all of Amount. For purposes hereof, the Banksaggregate amount available hereunder shall be TWENTY FIVE MILLION DOLLARS ($25,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.7, the “Revolving Committed Amount”). Revolving Loans may consist of Alternate Base Rate Loans or LIBO LIBOR Rate Loans, or a combination thereof, as the Company Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBO Rate Loans shall be made by each Bank at its LIBO Lending Office and Alternate Base Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (TTM Technologies Inc)

Revolving Commitment. From During the Closing Date through the Maturity Date, or such earlier date on which the Revolving Commitments hereunder are terminatedCommitment Period, subject to the terms and conditions hereof, each Bank severally, but not jointly, Lender severally agrees to make revolving credit loans (the "Revolving Loans") to the Company Borrower from time to time in an aggregate principal the amount of up to ONE HUNDRED MILLION DOLLARS ($100,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.9 and/or increased pursuant to Section 2.6) Lender's Revolving Commitment Percentage of such Revolving Loans for the purposes hereinafter set forth; provided, however, provided that (i) with regard to each Bank individuallythe Lenders collectively, the sum aggregate principal amount of such Bank’s Obligations under Revolving Commitment Percentage of outstanding Loans plus such Bank’s Revolving Commitment Percentage of outstanding Swingline Loans plus such Bank’s LOC Commitment Percentage of and the LOC Obligations outstanding at any time shall not exceed such Bank’s TWENTY-FIVE MILLION DOLLARS ($25,000,000) (as referenced on Schedule 2.1(a), the "Revolving Committed Amount, ") and (ii) with regard to each Lender individually, such Lender's Revolving Commitment Percentage of Obligations under Revolving Loans and the Banks collectively, the sum of the outstanding Loans plus the outstanding Swingline Loans plus outstanding LOC Obligations outstanding at any time shall not exceed the aggregate such Lender's Revolving Committed Amount of all of the BanksAmount. Revolving Loans may consist of Base Rate Loans or LIBO Rate Eurodollar Loans, or a combination thereof, as the Company Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBO Rate Loans shall be made by each Bank at its LIBO Lending Office and Alternate Base Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Pca International Inc)

Revolving Commitment. From During the Closing Date through the Maturity Date, or such earlier date on which the Revolving Commitments hereunder are terminatedCommitment Period, subject to the terms and conditions hereof, each Bank severally, but not jointly, Lender severally agrees to make revolving credit loans ("Revolving Loans") to the Company Borrowers from time to time in an aggregate principal amount of up to ONE HUNDRED such Lender's Revolving Commitment Percentage of THIRTY-FIVE MILLION DOLLARS ($100,000,00035,000,000) (as such aggregate maximum amount may be increased as provided in Section 2.4 or reduced from time to time as provided in Section 2.9 and/or increased pursuant to Section 2.6, the "Revolving Committed Amount") for the purposes hereinafter set forth; provided, however, that (i) with regard to each Bank Lender individually, the sum of such Bank’s Revolving Commitment Percentage Lender's share of outstanding Revolving Loans plus such Bank’s Lender's Revolving Commitment Percentage of outstanding Swingline Loans plus such Bank’s Lender's LOC Commitment Percentage of outstanding LOC Obligations shall not exceed such Bank’s Committed AmountLender's Revolving Commitment, and (ii) with regard to the Banks Lenders collectively, the sum of the outstanding Revolving Loans plus the outstanding Swingline Loans plus outstanding LOC Obligations shall not exceed the aggregate lesser of (A) the Revolving Committed Amount of all of and (B) the BanksBorrowing Base. Revolving Loans may consist of Alternate Base Rate Loans or LIBO LIBOR Rate Loans, or a combination thereof, as the Company Parent Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBO LIBOR Rate Loans shall be made by each Bank Lender at its LIBO LIBOR Lending Office and Alternate Base Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Si International Inc)

Revolving Commitment. From During the Closing Date through the Maturity Date, or such earlier date on which the Revolving Commitments hereunder are terminatedCommitment Period, subject to the terms and conditions hereof, each Bank severally, but not jointly, Lender severally agrees to make revolving credit loans ("Revolving Loans") to the Company Borrowers from time to time in an aggregate principal amount of up to ONE HUNDRED MILLION DOLLARS ($100,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.9 and/or increased pursuant to Section 2.6) for the purposes hereinafter set forth; provided, however, that (i) with regard to each Bank Lender individually, the sum of such Bank’s Lender's share of outstanding Revolving Loans plus such Lender's Revolving Commitment Percentage of outstanding Loans plus such Bank’s Revolving Commitment Percentage of outstanding Swingline Loans plus such Bank’s Lender's LOC Commitment Percentage of LOC Obligations shall not exceed such Bank’s Lender's Revolving Commitment Percentage of the aggregate Revolving Committed Amount, Amount and (ii) with regard to the Banks Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans plus the outstanding Swingline Loans plus outstanding LOC Obligations shall not exceed the aggregate Revolving Committed Amount of all of then in effect. For purposes hereof, the Banksaggregate amount available hereunder shall be SEVENTY-FIVE MILLION DOLLARS ($75,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 3.2, the "Revolving Committed Amount"). Revolving Loans may consist of Alternate Base Rate Loans or LIBO LIBOR Rate Loans, or a combination thereof, as the Company Borrowers may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBO Rate Loans shall be made by each Bank at its LIBO Lending Office and Alternate Base Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Samples: Credit Agreement (Horizon Personal Communications Inc)

Revolving Commitment. From During the Closing Date through the Maturity Date, or such earlier date on which the Revolving Commitments hereunder are terminatedCommitment Period, subject to -------------------- the terms and conditions hereof, each Bank severally, but not jointly, Lender severally agrees to make revolving credit loans ("Revolving Loans") to the Company Borrower from time to --------------- time in an aggregate principal amount of up to ONE HUNDRED MILLION DOLLARS ($100,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.9 and/or increased pursuant to Section 2.6) for the purposes hereinafter set forth; provided, however, that (i) -------- ------- with regard to each Bank Lender individually, the sum of such Bank’s Revolving Commitment Percentage Lender's share of outstanding Revolving Loans plus such Bank’s Lender's Revolving Commitment ---- Percentage of outstanding Swingline Loans plus such Bank’s Lender's LOC Commitment Percentage ---- of LOC Obligations shall not exceed such Bank’s Lender's Revolving Commitment Percentage of the lesser of (A) the aggregate Revolving Committed AmountAmount and (B) the Borrowing Base, and (ii) with regard to the Banks Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans plus the outstanding Swingline Loans plus outstanding LOC Obligations shall not exceed the lesser ---- ---- of (A) the aggregate Revolving Committed Amount of all of then in effect and (B) the Banks. Loans may consist of Base Rate Loans or LIBO Rate Loans, or a combination thereof, as the Company may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBO Rate Loans shall be made by each Bank at its LIBO Lending Office and Alternate Base Rate Loans at its Domestic Lending Office.Borrowing

Appears in 1 contract

Samples: Credit Agreement (BGF Industries Inc)

Revolving Commitment. From During the Closing Date through the Maturity Date, or such earlier date on which the Revolving Commitments hereunder are terminatedCommitment Period, subject to the terms and conditions hereof, each Bank severally, but not jointly, Lender severally agrees to make revolving credit loans ("Revolving Loans") to the Company Borrowers from time to time in an aggregate principal amount of up to ONE HUNDRED MILLION DOLLARS ($100,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.9 and/or increased pursuant to Section 2.6) for the purposes hereinafter set forth; provided, however, that (i) with regard to each Bank Lender individually, the sum of such Bank’s Lender's share of outstanding Revolving Loans plus such Lender's Revolving Commitment Percentage of outstanding Loans plus such Bank’s Revolving Commitment Percentage of outstanding Swingline Loans plus such Bank’s Lender's LOC Commitment Percentage of LOC Obligations shall not exceed such Bank’s Lender's Revolving Commitment Percentage of the aggregate Revolving Committed Amount, Amount and (ii) with regard to the Banks Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans plus the outstanding Swingline Loans plus outstanding LOC Obligations shall not exceed the aggregate Revolving Committed Amount of all of then in effect. For purposes hereof, the Banks. Loans may consist of Base Rate Loans or LIBO Rate Loans, or a combination thereof, as the Company may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBO Rate Loans shall be made by each Bank at its LIBO Lending Office and Alternate Base Rate Loans at its Domestic Lending Office.aggregate amount available

Appears in 1 contract

Samples: Credit Agreement and Assignment (Horizon Personal Communications Inc)

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