Common use of Revolving Commitment Clause in Contracts

Revolving Commitment. 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 until the Maturity Date, to make revolving credit loans (each a "Revolving Loan" and, collectively, "Revolving Loans") to the Borrower for the purposes set forth in Section 7.10; provided, however, (i) with regard to 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 amount of Revolving Loans outstanding shall not exceed ONE HUNDRED THIRTY-FIVE MILLION DOLLARS ($135,000,000), as such maximum amount may be reduced or increased from time to time as provided in Section 2.04 or as otherwise provided herein (such amount, as so reduced or increased from time to time, the "Revolving Committed Amount"), and (iii) in addition to the limitations set forth in the preceding subparagraphs (i) and (ii), in no event shall the sum of Revolving Loans outstanding plus Competitive Loans outstanding exceed the Revolving Committed Amount. Revolving Loans hereunder may consist of Base Rate Loans or Eurodollar Loans (or a combination thereof) as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof.

Appears in 1 contract

Sources: Credit Agreement (Ralcorp Holdings Inc)

Revolving Commitment. Subject During the Commitment Period, subject to and upon the terms and conditions and relying upon the representations and warranties herein set forthhereof, each Lender agrees, severally and not jointly, at any time and from time to time from the Closing Date until the Maturity Date, agrees to make revolving credit loans (each a "Revolving Loan" and, collectively, "Revolving Loans") to the Borrower from time to time for the purposes hereinafter set forth in Section 7.10forth; provided, however, that (i) with regard to each Lender individually, the sum of such Lender's pro rata share of outstanding Revolving Loans plus such Lender's LOC Commitment Percentage of outstanding LOC Obligations plus such Lender's Revolving Commitment Percentage of Swingline Loans shall not exceed such Lender's Commitment Percentage of the Revolving Committed Amount, and (ii) with regard to the Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans outstanding plus LOC Obligations plus Swingline Loans shall not exceed ONE HUNDRED THIRTYSEVENTY-FIVE MILLION DOLLARS ($135,000,000), 75,000,000) (as such aggregate maximum amount may be reduced or increased from time to time as provided in Section 2.04 or as otherwise provided herein (such amount, as so reduced or increased from time to timeherein, the "Revolving Committed Amount"), and (iii) in addition to the limitations set forth in the preceding subparagraphs (i) and (ii), in no event shall the sum of Revolving Loans outstanding plus Competitive Loans outstanding exceed the Revolving Committed Amount. Revolving Loans hereunder may consist of Base Rate Loans or Eurodollar Loans (Loans, or a combination thereof) , as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. Eurodollar Loans shall be made by each Lender at its Eurodollar Lending Office and Base Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Sources: Credit Agreement (Cort Business Services Corp)

Revolving Commitment. Subject During the Commitment Period, subject to and upon the terms and conditions and relying upon the representations and warranties herein set forthhereof, each Lender agrees, severally and not jointly, at any time and from time to time from the Closing Date until the Maturity Date, agrees to make revolving credit loans (each a "Revolving Loan" and, collectively, "Revolving Loans") to the Borrower from time to time for the purposes hereinafter set forth in Section 7.10forth; provided, however, that (i) with regard to each Lender individually, the sum of such Lender's pro rata 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 Commitment Percentage of the Revolving Committed Amount, and (ii) with regard to the Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans outstanding plus Swingline Loans plus the aggregate amount of LOC Obligations shall not exceed ONE HUNDRED THIRTYFIFTY-FIVE MILLION DOLLARS ($135,000,000), 55,000,000) (as such aggregate maximum amount may be reduced or increased from time to time as provided in Section 2.04 or as otherwise provided herein (such amount, as so reduced or increased from time to timeherein, the "Revolving Committed Amount"), and (iii) in addition to the limitations set forth in the preceding subparagraphs (i) and (ii), in no event shall the sum of Revolving Loans outstanding plus Competitive Loans outstanding exceed the Revolving Committed Amount. Revolving Loans hereunder may consist of Base Rate Loans or Eurodollar Loans (Loans, or a combination thereof) , as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. Eurodollar Loans shall be made by each Lender at its Eurodollar Lending Office and Base Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Sources: Credit Agreement (Manitowoc Co Inc)

Revolving Commitment. Subject During the Commitment Period, subject to and upon the -------------------- terms and conditions and relying upon the representations and warranties herein set forthhereof, each Lender agrees, severally and not jointly, at any time and from time to time from the Closing Date until the Maturity Date, agrees to make revolving credit loans (each a "Revolving Loan" and, collectively, the "Revolving Loans") in Dollars to the Borrower in the amount of such --------------- Lender's Revolving Commitment Percentage of such Revolving Loans for the purposes hereinafter set forth in Section 7.10forth; provided, however, provided that (i) with regard to the Lenders -------- collectively, the aggregate principal amount of Obligations at any time shall not exceed ONE HUNDRED NINETY-FIVE MILLION DOLLARS ($195,000,000) (as such amount may be reduced from time to time in accordance with the provisions hereof, the "Aggregate Revolving Committed Amount") and (ii) with regard to each ------------------------------------ Lender individually, such Lender's pro rata share Revolving Commitment Percentage of outstanding Revolving Loans Obligations at any time shall not exceed such Lender's Commitment Percentage of the Revolving Committed Amount, (ii) with regard to the Lenders collectively, the aggregate amount of Revolving Loans outstanding shall not exceed ONE HUNDRED THIRTY-FIVE MILLION DOLLARS ($135,000,000), as such maximum amount may be reduced or increased from time to time as provided in Section 2.04 or as otherwise provided herein (such amount, as so reduced or increased from time to time, the "Revolving Committed Amount"), and (iii) in addition to the limitations set forth in the preceding subparagraphs (i) and (ii), in no event shall the sum of Revolving Loans outstanding plus Competitive Loans outstanding exceed the Revolving Committed Amount. Revolving Loans hereunder may consist of Base Rate Loans or Eurodollar Loans (Loans, or a combination thereof) , as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof.

Appears in 1 contract

Sources: Credit Agreement (Snyder Communications Inc)

Revolving Commitment. Subject to and upon all of the terms and terms, conditions and relying upon the representations and warranties herein set forthprovisions of this Agreement, each Lender agreesagrees 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, severally and not jointlycollectively, at any time and the “Loans”) from time to time from the Closing Date until the Maturity Date, to make revolving credit loans (each a "or such earlier dates as the Revolving Loan" and, collectively, "Revolving Loans") to the Borrower for the purposes set forth in Section 7.10Commitments shall have been terminated as provided herein; provided, however, : (i) with regard to each Lender individually, such Lender's pro rata share of ’s outstanding Revolving Loans plus such Lender’s interest in outstanding LOC Obligations shall not exceed such Lender's ’s Commitment Percentage of the Revolving Committed Amount, (ii) with regard to the Lenders collectively, the aggregate principal amount of Revolving outstanding Loans plus LOC Obligations outstanding shall not exceed ONE HUNDRED THIRTY-FIVE MILLION DOLLARS ($135,000,000), as such maximum amount may be reduced or increased from time to time as provided in Section 2.04 or as otherwise provided herein (such amount, as so reduced or increased from time to time, the "Revolving Committed Amount"), Amount and (iii) in addition to the limitations set forth in the preceding subparagraphs (i) and (ii), in no event LOC Obligations outstanding shall the sum of Revolving Loans outstanding plus Competitive Loans outstanding not exceed the Revolving LOC Committed Amount. Revolving Loans made hereunder may consist of Base Rate Loans or Eurodollar Loans (or a combination thereof) as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof.

Appears in 1 contract

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

Revolving Commitment. Subject During the Commitment Period, subject to and upon the terms and conditions and relying upon the representations and warranties herein set forthhereof, each Lender agrees, severally and not jointly, at any time and from time to time from the Closing Date until the Maturity Date, agrees to make revolving credit loans in Dollars (each a "Revolving Loan" and, collectively, the "Revolving Loans") to the Borrower from time to time in the amount of such Lender's Revolving Commitment Percentage of such Revolving Loans for the purposes hereinafter set forth in Section 7.10forth; provided, however, provided that (i) with regard to 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 amount Dollar Amount (determined as of the most recent Determination Date) of Revolving Obligations outstanding shall not exceed the Aggregate Revolving Committed Amount, as reduced and (ii) with regard to each Lender individually, the Dollar Amount (determined as of the most recent Determination Date) of such Lender's Revolving Commitment Percentage of the sum of the Revolving Loans plus Foreign Currency Loans plus LOC Obligations plus Swingline Loans outstanding shall not exceed ONE HUNDRED THIRTY-FIVE MILLION DOLLARS ($135,000,000), as such maximum amount may be reduced or increased from time to time as provided in Section 2.04 or as otherwise provided herein (such amount, as so reduced or increased from time to time, the "Revolving Committed Amount"), and (iii) in addition to the limitations set forth in the preceding subparagraphs (i) and (ii), in no event shall the sum of Revolving Loans outstanding plus Competitive Loans outstanding exceed the Lender's Revolving Committed Amount. Revolving Loans hereunder may consist of Base Rate Loans or Eurodollar Loans (Eurocurrency Loans, or a combination thereof) , as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof.

Appears in 1 contract

Sources: Credit Agreement (Fritz Companies Inc)

Revolving Commitment. Subject During the Revolving Commitment Period, subject to and upon the terms and conditions and relying upon the representations and warranties herein set forthhereof, each Lender agrees, severally and not jointly, at any time and from time to time from the Closing Date until the Maturity Date, agrees to make revolving credit loans (each a "Revolving Loan" and, collectively, "Revolving Loans") to the Borrower from time to time for the purposes hereinafter set forth in Section 7.10forth; provided, however, that (i) with regard to each Lender individually, the sum of such Lender's pro rata share of outstanding Revolving Loans plus such Lender's LOC Commitment Percentage of LOC Obligations shall not exceed such Lender's Commitment Percentage of the Revolving Committed Amount, and (ii) with regard to the Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans plus the aggregate amount of LOC Obligations plus the aggregate amount of Commercial Paper Obligations plus the aggregate amount of outstanding Swing Line Loans shall not exceed ONE SIXTY-TWO MILLION FIVE HUNDRED THIRTY-FIVE MILLION THOUSAND DOLLARS ($135,000,000), 62,500,000) (as such aggregate maximum amount may be reduced or increased from time to time as provided in Section 2.04 or as otherwise provided herein (such amount, as so reduced or increased from time to time, the "Revolving Committed Amount"herein), and (iii) in addition to the limitations set forth in the preceding subparagraphs (i) and (ii), in no event shall the sum of Revolving Loans outstanding plus Competitive Loans outstanding exceed the Revolving Committed Amount. Revolving Loans hereunder may consist of Base Prime Rate Loans or Eurodollar Loans (Loans, or a combination thereof) , as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. Eurodollar Loans shall be made by each Lender at its Eurodollar Lending Office and Prime Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Sources: Credit Agreement (Lacrosse Footwear Inc)

Revolving Commitment. Subject During the Commitment Period, subject to and upon the -------------------- terms and conditions and relying upon the representations and warranties herein set forthhereof, each Lender agrees, severally and not jointly, at any time and from time to time from the Closing Date until the Maturity Date, agrees to make revolving credit loans (each a "Revolving Loan" and, collectively, the "Revolving Loans") in Dollars to the Borrower in the amount of such --------------- Lender's Revolving Commitment Percentage of such Revolving Loans for the purposes hereinafter set forth in Section 7.10forth; provided, however, provided that (i) with regard to the Lenders -------- collectively, the aggregate principal amount of Obligations at any time shall not exceed FIFTY MILLION DOLLARS ($50,000,000) (as such amount may be reduced from time to time in accordance with the provisions hereof, the "Aggregate --------- Revolving Committed Amount") and (ii) with regard to each Lender individually, -------------------------- such Lender's pro rata share Revolving Commitment Percentage of outstanding Revolving Loans Obligations at any time shall not exceed such Lender's Commitment Percentage of the Revolving Committed Amount, (ii) with regard to the Lenders collectively, the aggregate amount of Revolving Loans outstanding shall not exceed ONE HUNDRED THIRTY-FIVE MILLION DOLLARS ($135,000,000), as such maximum amount may be reduced or increased from time to time as provided in Section 2.04 or as otherwise provided herein (such amount, as so reduced or increased from time to time, the "Revolving Committed Amount"), and (iii) in addition to the limitations set forth in the preceding subparagraphs (i) and (ii), in no event shall the sum of Revolving Loans outstanding plus Competitive Loans outstanding exceed the Revolving Committed Amount. Revolving Loans hereunder may consist of Base Rate Loans or Eurodollar Loans (Loans, or a combination thereof) , as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof.

Appears in 1 contract

Sources: Credit Agreement (Ventiv Health Inc)

Revolving Commitment. Subject During the Commitment Period, subject to and upon the terms and conditions and relying upon the representations and warranties herein set forthhereof, each Lender agrees, severally and not jointly, at any time and from time to time from the Closing Date until the Maturity Date, agrees to make revolving credit loans (each a "Revolving Loan" and, collectively, "the “Revolving Loans") to the Borrower from time to time in the amount of such Lender’s Revolving Commitment Percentage of such Revolving Loans for the purposes hereinafter set forth in Section 7.10forth; provided, however, provided that (i) with regard to the Lenders collectively, the aggregate principal amount of Obligations outstanding at any time shall not exceed SIXTY MILLION DOLLARS ($60,000,000) (as such amount may be increased or reduced from time to time in accordance with the provisions hereof, the “Aggregate Revolving Committed Amount”), and (ii) with regard to each Lender individually, such Lender's pro rata share ’s Revolving Commitment Percentage of Obligations outstanding Revolving Loans at any time shall not exceed such Lender's Commitment Percentage of the Revolving Committed Amount, (ii) with regard to the Lenders collectively, the aggregate amount of Revolving Loans outstanding shall not exceed ONE HUNDRED THIRTY-FIVE MILLION DOLLARS ($135,000,000), as such maximum amount may be reduced or increased from time to time as provided in Section 2.04 or as otherwise provided herein (such amount, as so reduced or increased from time to time, the "Revolving Committed Amount"), and (iii) in addition to the limitations set forth in the preceding subparagraphs (i) and (ii), in no event shall the sum of Revolving Loans outstanding plus Competitive Loans outstanding exceed the ’s Revolving Committed Amount. Revolving Loans hereunder may consist of Base Rate Loans or Eurodollar Loans (Loans, or a combination thereof) , as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof.

Appears in 1 contract

Sources: Credit and Guaranty Agreement (Amerigroup Corp)

Revolving Commitment. Subject During the Commitment Period, subject to and upon the terms and conditions and relying upon the representations and warranties herein set forthhereof, each Lender agrees, severally and not jointly, at any time and from time to time from the Closing Date until the Maturity Date, agrees to make revolving credit loans (each a "Revolving Loan" and, collectively, "Revolving Loans") to the Borrower from time to time for the purposes hereinafter set forth in Section 7.10forth; provided, however, that (i) with regard to each Lender individually, the sum of such Lender's pro rata share of outstanding Revolving Loans plus such Lender's LOC Commitment Percentage of LOC Obligations shall not exceed such Lender's Revolving Commitment Percentage of the Revolving Committed Amount, Amount and (ii) with regard to the Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans outstanding plus LOC Obligations shall not exceed the Revolving Committed Amount. For purposes hereof, the aggregate amount available under this Section 2.1(a) shall be ONE HUNDRED THIRTY-FIVE MILLION AND FIFTY Million DOLLARS ($135,000,000), 150,000,000) (as such aggregate maximum amount may be reduced or increased from time to time as provided in Section 2.04 or as otherwise provided herein (such amount, as so reduced or increased from time to time2.4, the "Revolving Committed Amount"), and (iii) in addition to the limitations set forth in the preceding subparagraphs (i) and (ii), in no event shall the sum of Revolving Loans outstanding plus Competitive Loans outstanding exceed the Revolving Committed Amount. Revolving Loans hereunder may consist of Alternate Base Rate Loans, LIBOR Rate Loans or Eurodollar Loans (Index Rate Loans, or a combination thereof) , as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBOR Rate Loans shall be made by each Lender at its LIBOR Lending Office and Alternate Base Rate Loans and Index Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Sources: Credit Agreement (Dollar Tree Stores Inc)

Revolving Commitment. Subject During the Commitment Period, subject to and upon the terms and conditions and relying upon the representations and warranties herein set forthhereof, each Revolving Lender agrees, severally and not jointly, at any time and from time to time from the Closing Date until the Maturity Date, agrees to make revolving credit loans (each a "Revolving Loan" and, collectively, the "Revolving Loans") to the Borrower in Dollars from time to time in the amount of such Revolving Lender's Revolving Commitment Percentage of such Revolving Loans for the purposes hereinafter set forth in Section 7.10forth; provided, however, provided that (i) with regard to 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 Revolving Loans Obligations outstanding at any time shall not exceed ONE HUNDRED THIRTYTWENTY-FIVE MILLION DOLLARS ($135,000,000), 125,000,000) (as such maximum amount may be reduced or increased from time to time as provided in Section 2.04 or as otherwise provided herein (such amount, as so reduced or increased from time to timeaccordance with the provisions hereof, the "Aggregate Revolving Committed Amount"), and (iiiii) in addition with regard to the limitations set forth in the preceding subparagraphs (i) and (ii)each Revolving Lender individually, in no event shall the sum such Revolving Lender's Revolving Commitment Percentage of Revolving Loans Obligations outstanding plus Competitive Loans outstanding at any time shall not exceed the such Revolving Lender's Revolving Committed Amount. Revolving Loans hereunder may consist of Base Rate Loans or Eurodollar Loans (Loans, or a combination thereof) , as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof.

Appears in 1 contract

Sources: Credit Agreement (Accredo Health Inc)

Revolving Commitment. Subject During the Commitment Period, subject to and upon the terms and conditions and relying upon the representations and warranties herein set forthhereof, each Lender agreesseverally, severally and but not jointly, at any time and from time to time from the Closing Date until the Maturity Date, agrees to make revolving credit loans (each a "Revolving Loan" and, collectively, "Revolving Loans") to the Borrower from time to time for the purposes hereinafter set forth in Section 7.10forth; provided, however, that (i) with regard to each Lender individually, such Lender's pro rata share Revolving Commitment Percentage of outstanding Revolving Loans Obligations shall not exceed such Lender's Commitment Percentage of the Revolving Committed Amount, and (ii) with regard to the Lenders collectively, the aggregate amount of Revolving Loans outstanding Obligations shall not exceed ONE THREE HUNDRED THIRTY-FIVE MILLION DOLLARS ($135,000,000), 300,000,000) (as such aggregate maximum amount may be reduced or increased from time to time as provided in Section 2.04 or as otherwise provided herein (such amount, as so reduced or increased from time to timeherein, the "Revolving Committed Amount"), and (iii) in addition to the limitations set forth in the preceding subparagraphs (i) and (ii), in no event shall the sum of Revolving Loans outstanding plus Competitive Loans outstanding exceed the Revolving Committed Amount. Revolving Loans hereunder may consist of Base Rate Loans or Eurodollar Loans (Loans, or a combination thereof) , as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. Eurodollar Loans shall be made by each Lender at its Eurodollar Lending Office and Base Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Sources: Credit Agreement (Manitowoc Co Inc)

Revolving Commitment. Subject During the Commitment Period, subject to and upon the -------------------- terms and conditions and relying upon the representations and warranties herein set forthhereof, each Lender agrees, severally and not jointly, at any time and from time to time from the Closing Date until the Maturity Date, agrees to make revolving credit loans (each a "Revolving Loan" and, collectively, the "Revolving Loans") to the Borrower from time to time in the --------------- amount of such Lender's Revolving Commitment Percentage of such Revolving Loans for the purposes hereinafter set forth in Section 7.10forth; provided, however, provided that (i) with regard to the -------- Lenders collectively, the aggregate principal amount of Obligations outstanding at any time shall not exceed the lesser of (A) FIVE HUNDRED MILLION DOLLARS ($500,000,000) (as referenced on Schedule 2.1(a), the "Revolving Committed --------------- ------------------- Amount") or (B) until the Security Release Date relating to inventory (but not ------ thereafter), the Borrowing Base, and (ii) with regard to each Lender individually, such Lender's pro rata share Revolving Commitment Percentage of Obligations outstanding Revolving Loans at any time shall not exceed such Lender's Commitment Percentage of the Revolving Committed Amount, (ii) with regard to the Lenders collectively, the aggregate amount of Revolving Loans outstanding shall not exceed ONE HUNDRED THIRTY-FIVE MILLION DOLLARS ($135,000,000), as such maximum amount may be reduced or increased from time to time as provided in Section 2.04 or as otherwise provided herein (such amount, as so reduced or increased from time to time, the "Revolving Committed Amount"), and (iii) in addition to the limitations set forth in the preceding subparagraphs (i) and (ii), in no event shall the sum of Revolving Loans outstanding plus Competitive Loans outstanding exceed the Revolving Committed Amount. Revolving Loans hereunder may consist of Base Rate Loans or Eurodollar Loans (Loans, or a combination thereof) , as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof.

Appears in 1 contract

Sources: Credit Agreement (Amerisource Distribution Corp)

Revolving Commitment. Subject During the Commitment Period, subject to and upon the terms and conditions and relying upon the representations and warranties herein set forthhereof, each Lender agrees, severally and not jointly, at any time and from time to time from the Closing Date until the Maturity Date, agrees to make revolving credit loans (each a "Revolving Loan" and, collectively, "Revolving Loans") to the Borrower from time to time for the purposes hereinafter set forth in Section 7.10forth; provided, however, that (i) with regard to each Lender individually, the sum of such Lender's pro rata 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 Revolving Committed Amount, Amount and (ii) with regard to the Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans outstanding plus Swingline Loans plus LOC Obligations shall not exceed ONE the Revolving Committed Amount. For purposes hereof, the aggregate amount available hereunder shall be THREE HUNDRED THIRTY-FIVE MILLION DOLLARS ($135,000,000), 300,000,000) (as such aggregate maximum amount may be increased or reduced or increased from time to time as provided in Section 2.04 or as otherwise provided herein (such amount, as so reduced or increased from time to time, the "Revolving Committed Amount"), and (iii) in addition to the limitations set forth in the preceding subparagraphs (i) and (ii), in no event shall the sum of Revolving Loans outstanding plus Competitive Loans outstanding exceed the Revolving Committed Amount. Revolving Loans hereunder may consist of Base Rate Loans or Eurodollar Loans (or a combination thereof) as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof.Section

Appears in 1 contract

Sources: Credit Agreement (Suiza Foods Corp)

Revolving Commitment. Subject to and upon the terms and conditions of the Credit Agreement and relying in reliance upon the representations and warranties herein set forthforth in the Credit Agreement, each Lender agrees, severally and not jointly, at any time and agrees to make available to ▇▇▇▇ such Lender's Commitment Percentage of revolving credit loans in Dollars ("Revolving Loans") from time to time from the Closing Date until the Maturity Termination Date, to make revolving credit loans (each a "or such earlier date as the Revolving Loan" and, collectively, "Revolving Loans") to Commitments shall have been terminated as provided in the Borrower Credit Agreement for the purposes hereinafter set forth forth; provided further, however, that the sum of the aggregate principal amount of outstanding Revolving Loans shall not exceed SEVENTY-FIVE MILLION DOLLARS (S75,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 7.103.4, the "Revolving Committed Amount"); provided, howeverfurther, (i) with regard to 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, and (ii) with regard to the Lenders collectively, the aggregate principal amount of outstanding Revolving Loans plus Domestic LOC Obligations outstanding plus the aggregate principal amount of outstanding Competitive Loans plus the aggregate principal amount of outstanding Swingline Loans plus the Dollar Amount (as determined as of the most recent Determination Date) of the aggregate principal amount of outstanding Foreign Currency Loans plus the Dollar Amount (as determined as of the most recent Determination Date) of Foreign LOC Obligations outstanding shall not exceed ONE HUNDRED THIRTY-FIVE MILLION DOLLARS ($135,000,000), as such maximum amount may be reduced or increased from time to time as provided in Section 2.04 or as otherwise provided herein (such amount, as so reduced or increased from time to time, the "Revolving Committed Amount"), and (iii) in addition to the limitations set forth in the preceding subparagraphs (i) and (ii), in no event shall the sum of Revolving Loans outstanding plus Competitive Loans outstanding exceed the Revolving Committed Amount. Revolving Loans hereunder may consist of Base Rate Loans or Eurodollar Loans (or a combination thereof) as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof.Committed

Appears in 1 contract

Sources: Credit Agreement (Hunt Corp)

Revolving Commitment. Subject During the Commitment Period, subject to and upon the terms and conditions and relying upon the representations and warranties herein set forthhereof, each Lender agrees, severally and not jointly, at any time and from time to time from the Closing Date until the Maturity Date, agrees to make revolving credit loans (each a "Revolving Loan" and, collectively, "Revolving Loans") to the Borrower from time to time for the purposes hereinafter set forth in Section 7.10forth; provided, however, that (i) with regard to each Lender individually, the sum of such Lender's pro rata share of outstanding Revolving Loans plus such Lender's LOC Commitment Percentage of LOC Obligations shall not exceed such Lender's Revolving Commitment Percentage of the Revolving Committed Amount, Amount and (ii) with regard to the Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans outstanding plus LOC Obligations shall not exceed ONE HUNDRED THIRTY-FIVE MILLION the Revolving Committed Amount. For purposes hereof, the aggregate amount available under this Section 2.1(a) shall be FIFTY Million DOLLARS ($135,000,000), 50,000,000) (as such aggregate maximum amount may be increased or reduced or increased from time to time as provided in Section 2.04 or as otherwise provided herein (such amount, as so reduced or increased from time to time2.4, the "Revolving Committed Amount"), and (iii) in addition to the limitations set forth in the preceding subparagraphs (i) and (ii), in no event shall the sum of Revolving Loans outstanding plus Competitive Loans outstanding exceed the Revolving Committed Amount. Revolving Loans hereunder may consist of Alternate Base Rate Loans, LIBOR Rate Loans or Eurodollar Loans (Index Rate Loans, or a combination thereof) , as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. LIBOR Rate Loans shall be made by each Lender at its LIBOR Lending Office and Alternate Base Rate Loans and Index Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Sources: Credit Agreement (Dollar Tree Stores Inc)

Revolving Commitment. Subject During the Commitment Period, subject to and upon the terms and conditions and relying upon the representations and warranties herein set forthhereof, each Lender agrees, severally and not jointly, at any time and from time to time from the Closing Date until the Maturity Date, agrees to make revolving credit loans in Dollars (each a "Revolving Loan" and, collectively, the "Revolving Loans") to the Borrower from time to time in the amount of such Lender's Revolving Commitment Percentage of such Revolving Loans for the purposes hereinafter set forth in Section 7.10forth; provided, however, provided that (i) with regard to 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 amount Dollar Amount (determined as of the most recent Determination Date) of Revolving Obligations outstanding shall not exceed the Aggregate Revolving Committed Amount, as changed from time to time, and (ii) with regard to each Lender individually, the Dollar Amount (determined as of the most recent Determination Date) of such Lender's Revolving Commitment Percentage of the sum of the Revolving Loans plus Foreign Currency Loans plus LOC Obligations plus Swingline Loans outstanding shall not exceed ONE HUNDRED THIRTY-FIVE MILLION DOLLARS ($135,000,000), as such maximum amount may be reduced or increased from time to time as provided in Section 2.04 or as otherwise provided herein (such amount, as so reduced or increased from time to time, the "Revolving Committed Amount"), and (iii) in addition to the limitations set forth in the preceding subparagraphs (i) and (ii), in no event shall the sum of Revolving Loans outstanding plus Competitive Loans outstanding exceed the Lender's Revolving Committed Amount. Revolving Loans hereunder may consist of Base Rate Loans or Eurodollar Loans (Eurocurrency Loans, or a combination thereof) , as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof.

Appears in 1 contract

Sources: Credit Agreement (Fritz Companies Inc)

Revolving Commitment. Subject During the Revolving Commitment Period, subject to and upon the terms and conditions and relying upon the representations and warranties herein set forthhereof, each Revolving Lender agrees, severally and not jointly, at any time and from time to time from the Closing Date until the Maturity Date, agrees to make revolving credit loans in Dollars (each a "Revolving Loan" and, collectively, "Revolving Loans") to the Borrower from time to time for the purposes hereinafter set forth in Section 7.10forth; provided, however, that (i) with regard to each Revolving Lender individually, the sum of such Revolving Lender's pro rata share ’s Revolving Commitment Percentage of the aggregate principal amount of outstanding Revolving Loans plus outstanding Swingline Loans plus outstanding Revolving LOC Obligations shall not exceed such Revolving Lender's ’s Revolving Commitment Percentage of the Revolving Committed Amount, and (ii) with regard to the Revolving Lenders collectively, the sum of the aggregate principal amount of outstanding Revolving Loans plus outstanding Swingline Loans plus outstanding Revolving LOC Obligations shall not exceed the Revolving Committed Amount then in effect. For purposes hereof, the aggregate principal amount available for Revolving Loan borrowings hereunder shall be ONE HUNDRED THIRTY-FIVE FIFTY MILLION DOLLARS ($135,000,000), 150,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.8, or increased from time to time as provided in Section 2.04 or as otherwise provided herein (such amount, as so reduced or increased from time to time2.23, the "Revolving Committed Amount"), . LIBOR Rate Loans shall be made by each Revolving Lender at its LIBOR Lending Office and (iii) in addition to the limitations set forth in the preceding subparagraphs (i) and (ii), in no event shall the sum of Revolving Loans outstanding plus Competitive Loans outstanding exceed the Revolving Committed Amount. Revolving Loans hereunder may consist of Alternate Base Rate Loans or Eurodollar at its Domestic Lending Office. No Revolving Loans (or a combination thereof) as shall be made on the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereofClosing Date.

Appears in 1 contract

Sources: Credit Agreement (Gencorp Inc)

Revolving Commitment. Subject During the Commitment Period, subject to and upon the -------------------- terms and conditions and relying upon the representations and warranties herein set forthhereof, each Lender agrees, severally and not jointly, at any time and from time to time from the Closing Date until the Maturity Date, agrees to make revolving credit loans (each a "Revolving Loan" and, collectively, the "Revolving Loans") to the Borrower in Dollars from time to --------------- time in the amount of such Lender's Revolving Commitment Percentage of such Revolving Loans for the purposes hereinafter set forth in Section 7.10forth; provided, however, provided that (i) with -------- regard to the Lenders collectively, the aggregate principal amount of Obligations outstanding at any time shall not exceed ONE HUNDRED FORTY MILLION DOLLARS ($140,000,000) (as such amount may be increased or reduced from time to time in accordance with the provisions hereof, the "Aggregate Revolving ------------------- Committed Amount"), and (ii) with regard to each Lender individually, such ---------------- Lender's pro rata share Revolving Commitment Percentage of Obligations outstanding Revolving Loans at any time shall not exceed such Lender's Commitment Percentage of the Revolving Committed Amount, (ii) with regard to the Lenders collectively, the aggregate amount of Revolving Loans outstanding shall not exceed ONE HUNDRED THIRTY-FIVE MILLION DOLLARS ($135,000,000), as such maximum amount may be reduced or increased from time to time as provided in Section 2.04 or as otherwise provided herein (such amount, as so reduced or increased from time to time, the "Revolving Committed Amount"), and (iii) in addition to the limitations set forth in the preceding subparagraphs (i) and (ii), in no event shall the sum of Revolving Loans outstanding plus Competitive Loans outstanding exceed the Revolving Committed Amount. Revolving Loans hereunder may consist of Base Rate Loans or Eurodollar Loans (Loans, or a combination thereof) , as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof.

Appears in 1 contract

Sources: Credit Agreement (Ameripath Inc)

Revolving Commitment. Subject During the Commitment Period, subject to and upon the terms and conditions and relying upon the representations and warranties herein set forthhereof, each Lender agrees, severally and not jointly, at any time and from time to time from the Closing Date until the Maturity Date, agrees to make revolving credit loans (each a "Revolving Loan" and, collectively, the "Revolving Loans") to the Borrower in Dollars from time to time in the amount of such Lender's Revolving Commitment Percentage of such Revolving Loans for the purposes hereinafter set forth in Section 7.10forth; provided, however, provided that no Lender shall be obligated to make any Revolving Loan if after giving effect to thereto (i) with regard to the Lenders collectively, the aggregate principal amount of Obligations outstanding would exceed the lesser of (A) the Aggregate Revolving Committed Amount or (B) the North American Borrowing Base, and (ii) with regard to each Lender individually, such Lender's pro rata share Revolving Commitment Percentage of Obligations outstanding Revolving Loans shall not would exceed the lesser of (A) such Lender's Revolving Committed Amount or (B) an amount equal to such Lender's Revolving Commitment Percentage of the Revolving Committed Amount, (ii) with regard to the Lenders collectively, the aggregate amount of Revolving Loans outstanding shall not exceed ONE HUNDRED THIRTY-FIVE MILLION DOLLARS ($135,000,000), as such maximum amount may be reduced or increased from time to time as provided in Section 2.04 or as otherwise provided herein (such amount, as so reduced or increased from time to time, the "Revolving Committed Amount"), and (iii) in addition to the limitations set forth in the preceding subparagraphs (i) and (ii), in no event shall the sum of Revolving Loans outstanding plus Competitive Loans outstanding exceed the Revolving Committed AmountNorth American Borrowing Base. Revolving Loans hereunder may consist of Base Rate Loans or Eurodollar Loans (Loans, or a combination thereof) , as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof.

Appears in 1 contract

Sources: Credit Agreement (Take Two Interactive Software Inc)

Revolving Commitment. Subject to and upon the terms and conditions hereof and relying in reliance upon the representations and warranties herein set forthforth herein, each Lender agrees, severally and not jointly, at any time and 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 until the Maturity Date, to make revolving credit loans (each a "or such earlier date as the Revolving Loan" and, collectively, "Revolving Loans") to the Borrower for the purposes set forth in Section 7.10Commitments shall have been terminated as provided herein; provided, however, that (i) with regard to 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 amount of Revolving Loans Obligations outstanding shall not exceed ONE the lesser of (A) THREE HUNDRED THIRTY-FIVE MILLION DOLLARS ($135,000,000), 300,000,000) (as such aggregate maximum amount may be reduced or increased from time to time as provided in Section 2.04 or as otherwise provided herein (such amount, as so reduced or increased from time to time3.4, the "Revolving Committed Amount"), and (iii) in addition to the limitations set forth in the preceding subparagraphs (i) and (B) the Borrowing Base less the outstanding Term Loan; provided, further, (ii)) with regard to each Lender individually, in no event shall the amount of such Lender's Revolving Commitment Percentage of the sum of the Revolving Loans plus LOC Obligations outstanding plus Competitive Loans outstanding shall not exceed the such Lender's Revolving Committed Amount. Revolving Loans hereunder may consist of Base Rate Loans or Eurodollar Loans (or a combination thereof) as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof.

Appears in 1 contract

Sources: Syndication Amendment and Assignment (M & M Properties Inc)

Revolving Commitment. Subject During the Commitment Period, subject to and upon the terms and conditions and relying upon the representations and warranties herein set forthhereof, each Revolving Lender agrees, severally and not jointly, at any time and from time to time from the Closing Date until the Maturity Date, agrees to make revolving credit loans in Dollars (each a "Revolving Loan" and, collectively, "Revolving Loans") to the Borrower Borrowers from time to time for the purposes hereinafter set forth in Section 7.10forth; provided, however, that (i) with regard to each Revolving Lender individually, the sum of such Revolving Lender's pro rata share ’s Revolving Commitment Percentage of the aggregate principal amount of outstanding Revolving Loans plus such Revolving Lender’s Revolving Commitment Percentage of outstanding Swingline Loans plus such Revolving Lender’s Revolving Commitment Percentage of outstanding LOC Obligations shall not exceed such Revolving Lender's ’s Revolving Commitment Percentage of the Revolving Committed Amount, and (ii) with regard to the Revolving Lenders collectively, the sum of the aggregate principal amount of outstanding Revolving Loans plus outstanding Swingline Loans plus outstanding LOC Obligations shall not exceed ONE HUNDRED THIRTY-FIVE the Revolving Committed Amount then in effect. For purposes hereof, the aggregate principal amount available hereunder for Revolving Loans shall be TWENTY MILLION DOLLARS ($135,000,000), 20,000,000) (as such aggregate maximum amount may be reduced or increased from time to time as provided in Section 2.04 or as otherwise provided herein (such amount, as so reduced or increased from time to time, the "Revolving Committed Amount"), and (iii) in addition to the limitations set forth in the preceding subparagraphs (i) and (ii), in no event shall the sum of Revolving Loans outstanding plus Competitive Loans outstanding exceed the Revolving Committed Amount. Revolving Loans hereunder may consist of Base Rate Loans or Eurodollar Loans (or a combination thereof) as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof.Section

Appears in 1 contract

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

Revolving Commitment. Subject to and upon the terms and conditions hereof and relying in reliance upon the representations and warranties herein set forthforth herein, each Lender agrees, severally and not jointly, at any time and 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 until the Maturity Date, to make revolving credit loans (each a "or such earlier date as the Revolving Loan" and, collectively, "Revolving Loans") to the Borrower for the purposes set forth in Section 7.10Commitments shall have been terminated as provided herein; provided, however, that (i) with regard to 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 amount Dollar Amount (determined as of the most recent Determination Date) of Revolving Loans Obligations outstanding shall not exceed ONE TWO HUNDRED THIRTY-FIVE MILLION DOLLARS ($135,000,000), 200,000,000) (as such aggregate maximum amount may be reduced or increased from time to time as provided in Section 2.04 or as otherwise provided herein (such amount, as so reduced or increased from time to time3.4, the "Revolving Committed Amount"); provided, and (iii) in addition to the limitations set forth in the preceding subparagraphs (i) and further, (ii)) with regard to each Lender individually, in no event shall the Dollar Amount (determined as of the most recent Determination Date) of such Lender's Revolving Commitment Percentage of the sum of the Revolving Loans outstanding plus Competitive Foreign Currency Loans plus LOC Obligations plus Swingline Loans outstanding shall not exceed the such Lender's Revolving Committed Amount. Revolving Loans hereunder may consist of Base Rate Loans or Eurodollar Loans (or a combination thereof) as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof.

Appears in 1 contract

Sources: Syndication Amendment and Assignment (Profit Recovery Group International Inc)

Revolving Commitment. Subject During the Commitment Period, subject to and upon the terms and conditions and relying upon the representations and warranties herein set forthhereof, each Lender agrees, severally and not jointly, at any time and from time to time from the Closing Date until the Maturity Date, agrees to make revolving credit loans (each a "Revolving Loan" and, collectively, "Revolving Loans") to the Borrower from time to time for the purposes hereinafter set forth in Section 7.10forth; provided, however, that (i) with regard to each Lender individually, the sum of such Lender's pro rata 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 Commitment Percentage of the Revolving Committed Amount, and (ii) with regard to the Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans outstanding plus Swingline Loans plus the aggregate amount of LOC Obligations shall not exceed ONE HUNDRED THIRTYTWENTY-FIVE MILLION DOLLARS ($135,000,000), 125,000,000) (as such aggregate maximum amount may be reduced or increased from time to time as provided in Section 2.04 or as otherwise provided herein (such amount, as so reduced or increased from time to timeherein, the "Revolving Committed Amount"), and (iii) in addition to the limitations set forth in the preceding subparagraphs (i) and (ii), in no event shall the sum of Revolving Loans outstanding plus Competitive Loans outstanding exceed the Revolving Committed Amount. Revolving Loans hereunder may consist of Base Rate Loans or Eurodollar Loans (Loans, or a combination thereof) , as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof. Eurodollar Loans shall be made by each Lender at its Eurodollar Lending Office and Base Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Sources: Credit Agreement (Manitowoc Co Inc)

Revolving Commitment. Subject During the Commitment Period, subject to and upon the terms and conditions and relying upon the representations and warranties herein set forthhereof, each Lender agrees, severally and not jointly, at any time and from time to time from the Closing Date until the Maturity Date, agrees to make revolving credit loans (each a "Revolving Loan" and, collectively, "Revolving Loans") to the Borrower from time to time for the purposes hereinafter set forth in Section 7.10forth; provided, however, that (i) with regard to each Lender individually, the sum of such Lender's pro rata 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 Revolving Committed Amount, and (ii) with regard to the Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans outstanding plus Swingline Loans plus LOC Obligations shall not exceed ONE HUNDRED THIRTY-the lesser of (A) the Revolving Committed Amount and (B) the Borrowing Base. For purposes hereof, the aggregate maximum amount available hereunder shall be TWENTY FIVE MILLION DOLLARS ($135,000,000), 25,000,000) (as such aggregate maximum amount may be reduced or increased from time to time as provided in Section 2.04 or as otherwise provided herein (such amount, as so reduced or increased from time to time2.7, the "Revolving Committed Amount"), and (iii) in addition to the limitations set forth in the preceding subparagraphs (i) and (ii), in no event shall the sum of Revolving Loans outstanding plus Competitive Loans outstanding exceed the Revolving Committed Amount. Revolving Loans hereunder may consist of Alternate Base Rate Loans or Eurodollar Loans (LIBOR Rate Loans, or a combination thereof) , as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof.

Appears in 1 contract

Sources: Credit Agreement (TTM Technologies Inc)

Revolving Commitment. Subject During the Commitment Period, subject to and upon the terms and conditions and relying upon the representations and warranties herein set forthhereof, each Lender agrees, severally and not jointly, at any time and from time to time from the Closing Date until the Maturity Date, agrees to make revolving credit loans (each a "Revolving Loan" and, collectively, "Revolving Loans") to the Borrower from time to time for the purposes hereinafter set forth in Section 7.10forth; provided, however, that (i) with regard to each Lender individually, the sum of such Lender's pro rata ’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 ’s Revolving Commitment Percentage of the aggregate Revolving Committed Amount, and (ii) with regard to the Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans outstanding plus Swingline Loans plus LOC Obligations shall not exceed ONE HUNDRED THIRTY-the Revolving Committed Amount. For purposes hereof, the aggregate amount available hereunder shall be TWENTY FIVE MILLION DOLLARS ($135,000,000), 25,000,000) (as such aggregate maximum amount may be reduced or increased from time to time as provided in Section 2.04 or as otherwise provided herein (such amount, as so reduced or increased from time to time2.7, the "Revolving Committed Amount"), and (iii) in addition to the limitations set forth in the preceding subparagraphs (i) and (ii), in no event shall the sum of Revolving Loans outstanding plus Competitive Loans outstanding exceed the Revolving Committed Amount. Revolving Loans hereunder may consist of Alternate Base Rate Loans or Eurodollar Loans (LIBOR Rate Loans, or a combination thereof) , as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof.

Appears in 1 contract

Sources: Credit Agreement (TTM Technologies Inc)