Common use of Revolving Commitment Clause in Contracts

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Lender with a Revolving Commitment severally agrees to make revolving credit loans ("REVOLVING LOANS") to the Borrower from time to time 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 and (ii) with regard to the Lenders collectively, the sum of the aggregate amount of 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 EIGHT HUNDRED MILLION DOLLARS ($800,000,000) (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 LIBOR 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 at its Domestic Lending Office.

Appears in 1 contract

Sources: Credit Agreement (Suiza Foods Corp)

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Lender with a Revolving Commitment severally agrees to make revolving credit loans ("REVOLVING LOANS"“Revolving Loans”) to the Borrower from time to time for the purposes hereinafter set forth; PROVIDEDprovided, HOWEVERhowever, that (i) with regard to each Lender individually, the sum of such Lender's ’s share of outstanding Revolving Loans PLUS plus such Lender's Revolving ’s Commitment Percentage of Swingline Loans PLUS plus such Lender's LOC ’s Commitment Percentage of LOC Obligations shall not exceed such Lender's ’s Commitment Percentage of the aggregate Revolving Commitment Committed Amount, and (ii) with regard to the Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans PLUS plus Swingline Loans PLUS plus LOC Obligations shall not exceed the Revolving Committed Amount. For purposes hereof, the aggregate amount available hereunder shall be EIGHT THREE HUNDRED MILLION DOLLARS ($800,000,000300,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.72.5 or increased as provided in Section 2.1(f), the "REVOLVING COMMITTED AMOUNT"“Revolving Committed Amount”). Revolving Loans may consist of Alternate Base Rate Loans or LIBOR 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 at its Domestic Lending Office.

Appears in 1 contract

Sources: Credit Agreement (International Speedway Corp)

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Lender with a Revolving Commitment severally agrees to make revolving credit loans ("REVOLVING LOANS"“Revolving Loans”) to the Borrower from time to time for the purposes hereinafter set forth; PROVIDEDprovided, HOWEVERhowever, that (i) with regard to each Lender individually, the sum of such Lender's ’s share of outstanding Revolving Loans PLUS plus such Lender's ’s Revolving Commitment Percentage of Swingline Loans PLUS plus such Lender's ’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 PLUS plus Swingline Loans PLUS plus LOC Obligations shall not exceed the aggregate Revolving Committed Amount. For purposes hereof, the aggregate amount available hereunder shall be EIGHT ONE HUNDRED FIFTY MILLION DOLLARS ($800,000,000150,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.72.5, the "REVOLVING COMMITTED AMOUNT"“Revolving Committed Amount”). Revolving Loans may consist of Alternate Base Rate Loans or LIBOR 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 at its Domestic Lending Office.

Appears in 1 contract

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

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Revolving Lender with a Revolving Commitment severally agrees to make revolving credit loans ("REVOLVING LOANSRevolving Loans") to the Borrower from time to time 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 and (ii) with regard to the Lenders collectively, the sum of the in an aggregate principal amount of 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 EIGHT HUNDRED up to SEVENTY-FIVE MILLION DOLLARS ($800,000,00075,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.72.6, the "REVOLVING COMMITTED AMOUNTAggregate Revolving Committed Amount")) for the purposes hereinafter set forth; provided, however, that (i) with regard to each Revolving Lender individually, the sum of such Revolving Lender's share of outstanding Revolving Loans plus such Revolving Lender's Revolving Commitment Percentage of outstanding Swingline Loans plus such Revolving Lender's LOC Commitment Percentage of LOC Obligations shall not exceed such Revolving Lender's Revolving Committed Amount, and (ii) with regard to the Revolving Lenders collectively, the sum of the outstanding Revolving Loans plus outstanding Swingline Loans plus LOC Obligations shall not exceed the Aggregate Revolving Committed Amount. Revolving Loans may consist of Alternate Base Rate Loans or LIBOR 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 Revolving Lender at its LIBOR Lending Office and Alternate Base Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Sources: Credit Agreement (Intermagnetics General Corp)

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Lender with a Revolving Commitment severally agrees to make revolving credit loans ("REVOLVING LOANSRevolving Loans") to the Borrower from time to time for the purposes hereinafter set forth; PROVIDEDprovided, HOWEVERhowever, that (i) with regard to each Lender individually, the sum of such Lender's share of outstanding Revolving Loans PLUS plus such Lender's Revolving Commitment Percentage of Swingline Loans PLUS 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 PLUS plus Swingline Loans PLUS plus LOC Obligations Obligations, shall not exceed the Revolving Committed Amount. For purposes hereof, the aggregate amount available hereunder shall be EIGHT TWO HUNDRED MILLION DOLLARS ($800,000,000200,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.72.6, the "REVOLVING COMMITTED AMOUNTRevolving Committed Amount"). Revolving Loans may consist of Alternate Base Rate Loans or LIBOR 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 at its Domestic Lending Office.

Appears in 1 contract

Sources: Credit Agreement (Florida Rock Industries Inc)

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Lender with a Revolving Commitment severally agrees to make revolving credit loans ("REVOLVING LOANS"“Revolving Loans”) to the Borrower from time to time for the purposes hereinafter set forth; PROVIDEDprovided, HOWEVERhowever, that (i) with regard to each Lender individually, the sum of such Lender's share of ’s outstanding Revolving Loans PLUS plus such Lender's Revolving Commitment Percentage of Swingline Loans PLUS such Lender's ’s LOC Commitment Percentage of LOC Obligations shall not exceed such Lender's ’s Revolving 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 Swingline Loans PLUS plus LOC Obligations shall not exceed the Revolving Committed Amount. For purposes hereof, the aggregate principal amount available hereunder of Revolving Loans plus LOC Obligations that may be outstanding at any time under this Section 2.1(a) shall be EIGHT not exceed TWO HUNDRED MILLION DOLLARS ($800,000,000200,000,000) (as such aggregate maximum amount may be increased or reduced from time to time as provided in Section 2.72.4 or 2.21, the "REVOLVING COMMITTED AMOUNT"“Revolving Committed Amount”). Revolving Loans may consist of Alternate Base Rate Loans, LIBOR Rate Loans or LIBOR Market 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 LIBOR Market Index Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Sources: Credit Agreement (Ruddick Corp)

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Lender with a the Revolving Commitment Lenders severally agrees agree to make revolving credit loans ("REVOLVING LOANS"“Revolving Loans”) to the Borrower from time to time 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 and (ii) with regard to the Lenders collectively, the sum of the in an aggregate principal amount of 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 EIGHT up to ONE HUNDRED FIFTY MILLION DOLLARS ($800,000,000150,000,000) (as such aggregate maximum amount may be increased from time to time as provided in Section 2.5 or reduced from time to time as provided in Section 2.7, the "REVOLVING COMMITTED AMOUNT")“Revolving Committed Amount”) for the purposes hereinafter set forth; provided, however, that (i) with regard to each Revolving Lender individually, the sum of such Revolving Lender’s Revolving Commitment Percentage 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 LOC Obligations shall not exceed such Revolving Lender’s Revolving Commitment, and (ii) with regard to the Revolving Lenders collectively, the sum of the outstanding Revolving Loans plus outstanding Swingline Loans plus outstanding LOC Obligations shall not exceed the Revolving Committed Amount. Revolving Loans may consist of Alternate Base Rate Loans or LIBOR 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 at its Domestic Lending Office.

Appears in 1 contract

Sources: Credit Agreement (Red Robin Gourmet Burgers Inc)

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Lender with a Revolving Commitment severally agrees to make revolving credit loans ("REVOLVING LOANSRevolving Loans") to the Borrower from time to time for the purposes hereinafter set forth; PROVIDEDprovided, HOWEVERhowever, 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 plus such Lender's LOC Commitment Percentage of LOC Obligations shall not exceed such Lender's Revolving 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 Swingline Loans PLUS plus LOC Obligations shall not exceed the Revolving Committed Amount. For purposes hereof, the aggregate principal amount available hereunder of Revolving Loans plus LOC Obligations that may be outstanding at any time under this Section 2.1(a) shall be EIGHT not exceed ONE HUNDRED MILLION Million DOLLARS ($800,000,000100,000,000) (as such aggregate maximum amount may be increased or reduced from time to time as provided in Section 2.72.4, the "REVOLVING COMMITTED AMOUNTRevolving Committed Amount"). Revolving Loans may consist of Alternate Base Rate Loans, LIBOR Rate Loans or LIBOR Market 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 LIBOR Market Index Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Sources: Credit Agreement (Ruddick Corp)

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Lender with a Revolving Commitment severally agrees to make revolving credit loans ("REVOLVING LOANSRevolving Loans") to the Borrower from time to time for the purposes hereinafter set forth; PROVIDEDprovided, HOWEVERhowever, that (i) with regard to each Lender individually, the sum of such Lender's share of outstanding Revolving Loans PLUS 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 aggregate Revolving Commitment Committed Amount as set forth in Schedule 2.1(a), and (ii) with regard to the Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans PLUS plus Swingline Loans PLUS LOC Obligations shall not exceed the lesser of (A) the Revolving Committed AmountAmount and (B) the Borrowing Base. For purposes hereof, the aggregate amount available hereunder shall be EIGHT ONE HUNDRED FIFTY MILLION DOLLARS ($800,000,000150,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.72.3, the "REVOLVING COMMITTED AMOUNTRevolving Committed Amount"). Revolving Loans may consist of Alternate Base Rate Loans or LIBOR 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 at its Domestic Lending Office.

Appears in 1 contract

Sources: Credit Agreement (Dimon Inc)

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Revolving Lender with a Revolving Commitment severally severally, but not jointly, agrees to make revolving credit loans ("REVOLVING LOANS"“Revolving Loans”) to the Borrower from time to time 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 and (ii) with regard to the Lenders collectively, the sum of the in an aggregate principal amount of 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 EIGHT HUNDRED up to TWENTY-FIVE MILLION DOLLARS ($800,000,00025,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.7, the "REVOLVING COMMITTED AMOUNT")“Revolving Committed Amount”) for the purposes hereinafter set forth; provided, however, that (i) with regard to each Revolving Lender individually, the sum of such Revolving Lender’s Revolving Commitment Percentage of the aggregate principal amount of outstanding Revolving Loans plus outstanding Swingline Loans plus LOC Obligations shall not exceed such Revolving Lender’s Revolving Commitment and (ii) with regard to the Revolving Lenders collectively, the sum of the outstanding Revolving Loans plus outstanding Swingline Loans plus LOC Obligations shall not exceed the Revolving Committed Amount. Revolving Loans may consist of Alternate Base Rate Loans or LIBOR Rate Loans, or a combination thereof, as the Borrower may request, and may be repaid and reborrowed in accordance with the provisions hereof; provided, however, Revolving Loans made on the Closing Date or on any of the three Business Days following the Closing Date may only consist of Alternate Base Rate Loans. LIBOR Rate Loans shall be made by each Revolving Lender at its LIBOR Lending Office and Alternate Base Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Sources: Credit Agreement (Amedisys Inc)

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Lender with a Revolving Commitment severally agrees to make revolving credit loans ("REVOLVING LOANSRevolving Loans") to the Borrower from time to time for the purposes hereinafter set forth; PROVIDEDprovided, HOWEVERhowever, that (i) with regard to each Lender individually, the sum of such Lender's share of outstanding Revolving Loans PLUS plus such Lender's Revolving Commitment Percentage of Swingline Loans PLUS 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 PLUS plus Swingline Loans PLUS plus LOC Obligations shall not exceed the Revolving Committed Amount. For purposes hereof, the aggregate amount available hereunder shall be EIGHT ONE HUNDRED FIFTY MILLION DOLLARS ($800,000,000150,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.72.6, the "REVOLVING COMMITTED AMOUNTRevolving Committed Amount"). Revolving Loans may consist of Alternate Base Rate Loans or LIBOR 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 at its Domestic Lending Office.

Appears in 1 contract

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

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Lender with a Revolving Commitment severally agrees to make revolving credit loans ("REVOLVING LOANSRevolving Loans") to the Borrower from time to time for the purposes hereinafter set forth; PROVIDEDprovided, HOWEVERhowever, that (i) with regard to each Lender individually, the sum of such Lender's share of outstanding Revolving Loans PLUS 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 aggregate Revolving Commitment Committed Amount as set forth in Schedule 2.1(a), and (ii) with regard to the Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans PLUS plus Swingline Loans PLUS LOC Obligations shall not exceed the lesser of (A) the Revolving Committed AmountAmount and (B) the Borrowing Base. For purposes hereof, the aggregate amount available hereunder shall be EIGHT ONE HUNDRED SIXTY-FIVE MILLION DOLLARS ($800,000,000165,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.72.3, the "REVOLVING COMMITTED AMOUNTRevolving Committed Amount"). Revolving Loans may consist of Alternate Base Rate Loans or LIBOR 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 at its Domestic Lending Office.

Appears in 1 contract

Sources: Credit Agreement (Dimon Inc)

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Revolving Lender with a Revolving Commitment severally agrees to make revolving credit loans (the "REVOLVING LOANSRevolving 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; PROVIDED, HOWEVER, provided that (i) with regard to the Revolving Lenders collectively, the aggregate principal amount of Revolving Obligations outstanding at any time shall not exceed ONE HUNDRED FIFTY MILLION DOLLARS ($150,000,000) (as such amount may be reduced from time to time in accordance with the provisions hereof, the "Aggregate Revolving Committed Amount"), (ii) with regard to each Revolving 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 Revolving Obligations outstanding at any time shall not exceed such Revolving Lender's Revolving Commitment Committed Amount, and (iiiii) with regard to the Lenders collectively, the sum of the aggregate principal amount of Obligations outstanding Revolving Loans PLUS Swingline Loans PLUS LOC Obligations at any time shall not exceed the Revolving Committed Amount. For purposes hereof, the aggregate amount available hereunder shall be EIGHT HUNDRED MILLION DOLLARS ($800,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.7, the "REVOLVING COMMITTED AMOUNT")Borrowing Base. Revolving Loans may consist of Alternate Base Rate Loans or LIBOR Rate Eurodollar Loans, or a combination thereof, as the Borrower may request, and . Amounts repaid on the Revolving Loans 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 at its Domestic Lending Office.

Appears in 1 contract

Sources: Credit Agreement (Railworks Corp)

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Revolving Lender with a Revolving Commitment severally agrees to make revolving credit loans ("REVOLVING LOANSRevolving Loans") to the Borrower from time to time 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 and (ii) with regard to the Lenders collectively, the sum of the in an aggregate principal amount of 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 EIGHT up to TWO HUNDRED MILLION DOLLARS ($800,000,000200,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.72.6, the "REVOLVING COMMITTED AMOUNTAggregate Revolving Committed Amount")) for the purposes hereinafter set forth; provided, however, that (i) with regard to each Revolving Lender individually, the sum of such Revolving Lender's share of outstanding Revolving Loans plus such Revolving Lender's Revolving Commitment Percentage of outstanding Swingline Loans plus such Revolving Lender's LOC Commitment Percentage of LOC Obligations shall not exceed such Revolving Lender's Revolving Committed Amount, and (ii) with regard to the Revolving Lenders collectively, the sum of the outstanding Revolving Loans plus outstanding Swingline Loans plus LOC Obligations shall not exceed the Aggregate Revolving Committed Amount. Revolving Loans may consist of Alternate Base Rate Loans or LIBOR 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 Revolving Lender at its LIBOR Lending Office and Alternate Base Rate Loans at its Domestic Lending Office.

Appears in 1 contract

Sources: Credit Agreement (Intermagnetics General Corp)

Revolving Commitment. During the Commitment Period, -------------------- subject to the terms and conditions hereof, each Lender with a Revolving Commitment severally agrees to make revolving credit loans ("REVOLVING LOANSRevolving Loans") to the --------------- Borrower from time to time for the purposes hereinafter set forth; PROVIDEDprovided, HOWEVERhowever, that (i) with regard to each Lender -------- ------- individually, the sum of such Lender's share of outstanding Revolving Loans PLUS 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 PLUS plus Swingline ---- Loans PLUS LOC Obligations shall not exceed the Revolving Committed Amount. For purposes hereof, the aggregate amount available hereunder shall be EIGHT HUNDRED EIGHTY-FIVE MILLION DOLLARS ($800,000,00085,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.72.6, the "REVOLVING COMMITTED AMOUNTRevolving Committed Amount"). Revolving Loans may -------------------------- consist of Alternate Base Rate Loans or LIBOR 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 at its Domestic Lending Office.

Appears in 1 contract

Sources: 364 Day Credit Agreement (Graybar Electric Co Inc)

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Lender with a Revolving Commitment severally agrees to make revolving credit loans ("REVOLVING LOANSRevolving Loans") to the Borrower from time to time for the purposes hereinafter set forth; PROVIDEDprovided, HOWEVERhowever, that (i) with regard to each Lender individually, the sum of such Lender's share of outstanding Revolving Loans PLUS plus such Lender's Revolving Commitment Percentage of Swingline Loans PLUS 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 PLUS plus Swingline Loans PLUS plus LOC Obligations Obligations, shall not exceed the Revolving Committed Amount. For purposes hereof, the aggregate amount available hereunder shall be EIGHT TWO HUNDRED FIFTY MILLION DOLLARS ($800,000,000250,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.72.6, the "REVOLVING COMMITTED AMOUNTRevolving Committed Amount"). Revolving Loans may consist of Alternate Base Rate Loans or LIBOR 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 at its Domestic Lending Office.

Appears in 1 contract

Sources: Credit Agreement (Florida Rock Industries Inc)

Revolving Commitment. During the Commitment Period, subject to the terms and conditions hereof, each Lender with a Revolving Commitment severally agrees to make revolving credit loans ("REVOLVING LOANSRevolving Loans") to the Borrower from time to time in an aggregate principal amount of up to such Lender's Revolving Commitment Percentage of EIGHTY-FIVE MILLION DOLLARS ($85,000,000) (as such aggregate maximum amount may be reduced from time to time as provided in Section 2.5, the "Revolving Committed Amount") for the purposes hereinafter set forth; PROVIDEDprovided, HOWEVERhowever, that (i) with regard to each Lender individually, the sum of such Lender's share of outstanding Revolving Loans PLUS plus such Lender's Revolving Commitment Percentage of outstanding Swingline Loans PLUS plus such Lender's LOC Commitment Percentage of LOC Obligations shall not exceed such Lender's Revolving Commitment Commitment, and (ii) with regard to the Lenders collectively, the sum of the aggregate amount of outstanding Revolving Loans PLUS plus outstanding Swingline Loans PLUS plus outstanding LOC Obligations shall not exceed the Revolving Committed Amount. For purposes hereof, the aggregate amount available hereunder shall be EIGHT HUNDRED MILLION DOLLARS ($800,000,000) (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 LIBOR 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 at its Domestic Lending Office.

Appears in 1 contract

Sources: Credit Agreement (Red Robin Gourmet Burgers Inc)