Common use of Revolving Commitments Clause in Contracts

Revolving Commitments. (a) Subject to the terms and conditions hereof, each Revolving Lender severally agrees to make revolving credit loans (“Revolving Loans”) in Dollars and in any Optional Currency to the Borrower or any Subsidiary Borrower from time to time during the Revolving Commitment Period in an aggregate principal amount at any one time outstanding which, when added to such Lender’s Revolving Percentage of the sum of the Dollar Equivalent of (i) the L/C Obligations then outstanding and (ii) the aggregate principal amount of the Swingline Loans then outstanding, does not exceed the amount of such Lender’s Revolving Commitment. During the Revolving Commitment Period the Borrower and any Subsidiary Borrower may use the Revolving Commitments by borrowing, prepaying the Revolving Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. The Revolving Loans may from time to time be Eurocurrency Loans or ABR Loans, as determined by the Borrower or any Subsidiary Borrower and notified to the Administrative Agent in accordance with Sections 2.5 and 2.12. ABR Loans shall be denominated only in Dollars.

Appears in 6 contracts

Samples: Incremental Facilities Agreement (Avis Budget Group, Inc.), Credit Agreement (Avis Budget Group, Inc.), Credit Agreement (Avis Budget Group, Inc.)

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Revolving Commitments. (a) Subject to the terms and conditions hereof, each Revolving Lender severally agrees to make revolving credit loans (“Revolving Loans”) in Dollars and in any Optional Currency to the Borrower or any Subsidiary Borrower from time to time during the Revolving Commitment Period in an aggregate principal amount at any one time outstanding which, when added to such Lender’s Revolving Percentage of the sum of the Dollar Equivalent of (i) the L/C Obligations then outstanding and (ii) the aggregate principal amount of the Swingline Loans then outstandingoutstanding (except to the extent that such Revolving Loans are to be applied to repay outstanding Swingline Loans), does not exceed the amount of such Lender’s Revolving Commitment. During the Revolving Commitment Period the Borrower and any Subsidiary Borrower may use the Revolving Commitments by borrowing, prepaying the Revolving Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. The Revolving Loans may from time to time be Eurocurrency Eurodollar Loans or ABR Loans, as determined by the Borrower or any Subsidiary Borrower and notified to the Administrative Agent in accordance with Sections 2.5 and 2.12. ABR Revolving Loans outstanding under the Existing Credit Agreement on the Amendment Effective Date and not repaid on such date shall be denominated only in Dollarscontinue thereafter hereunder with the same respective Interest Periods.

Appears in 3 contracts

Samples: Credit Agreement (Mq Associates Inc), Credit Agreement (Mq Associates Inc), Credit Agreement (Mq Associates Inc)

Revolving Commitments. (a) Subject to the terms and conditions hereof, each Revolving Lender severally agrees to make revolving credit loans (“Revolving Loans”) to the Revolving Borrowers in Dollars and or in any Optional Currency to the Borrower one or any Subsidiary Borrower more Alternative Currencies from time to time on any Business Day during the Revolving Commitment Period in an aggregate principal amount at any one time outstanding which, when added to such Lender’s Revolving Percentage of the sum of the Dollar Equivalent of (i) the aggregate Outstanding Amount of L/C Obligations then outstanding at such time and (ii) the aggregate principal amount Outstanding Amount of the Swingline Loans then outstandingat such time, does not exceed the amount of such Lender’s Revolving Commitment. During the Revolving Commitment Period the Borrower and any Subsidiary Borrower Revolving Borrowers may use the Revolving Commitments by borrowing, repaying or prepaying the Revolving Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. The Revolving Loans may from time to time be Eurocurrency Loans or or, with respect to Revolving Loans denominated in Dollars, ABR Loans, as determined by the Borrower or any Subsidiary applicable Revolving Borrower and notified to the Administrative Agent in accordance with Sections 2.5 and 2.12. ABR Loans shall be denominated only in Dollars.

Appears in 3 contracts

Samples: Credit Agreement (Clarivate Analytics PLC), Credit Agreement (Clarivate Analytics PLC), Credit Agreement (CLARIVATE PLC)

Revolving Commitments. (a) Subject to the terms and conditions hereof, each Revolving Lender severally agrees to make revolving credit loans (“Revolving Loans”) in Dollars and in any Optional Currency to the Borrower or any Subsidiary Borrower from time to time during the Revolving Commitment Period in an aggregate principal amount at any one time outstanding which, when added (after giving effect to any application of proceeds of such Revolving Loans pursuant to Section 2.6 or to reimburse the Issuing Lender pursuant to Section 3.5) to the sum of (i) such Lender’s Revolving Percentage of the sum of the Dollar Equivalent of (i) the L/C Obligations then outstanding and (ii) the aggregate principal amount of the such Lender’s Swingline Loans Exposure then outstanding, does not exceed the amount of such Lender’s Revolving Commitment. During the Revolving Commitment Period the Borrower and any Subsidiary Borrower may use the Revolving Commitments by borrowing, prepaying the Revolving Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. The Revolving Loans may from time to time be Eurocurrency Eurodollar Loans or ABR Loans, as determined by the Borrower or any Subsidiary Borrower and notified to the Administrative Agent in accordance with Sections 2.5 and 2.12. ABR Loans shall be denominated only in Dollars.

Appears in 3 contracts

Samples: First Lien Credit Agreement (Bioventus Inc.), Credit Agreement (Bioventus Inc.), Amendment and Restatement Agreement (Bioventus Inc.)

Revolving Commitments. (a) Subject to the terms and conditions --------------------- hereof, each Revolving Lender severally agrees to make revolving credit loans ("Revolving Loans") in Dollars and in any Optional Currency to the Borrower or any Subsidiary Borrower from time to time during the Revolving --------------- Commitment Period in an aggregate principal amount at any one time outstanding which, when added to such Lender’s 's Revolving Percentage of the sum of the Dollar Equivalent of (i) the L/C Obligations then outstanding and (ii) the aggregate principal amount of the Swingline Loans then outstanding, does not exceed the lesser of (a) the amount of such Lender’s 's Revolving CommitmentCommitment and (b) such Lender's Revolving Percentage of the Borrowing Base then in effect. During the Revolving Commitment Period the Borrower and any Subsidiary Borrower may use the Revolving Commitments by borrowing, prepaying the Revolving Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. The Revolving Loans may from time to time be Eurocurrency Eurodollar Loans or ABR Loans, as determined by the Borrower or any Subsidiary Borrower and notified to the Administrative Agent in accordance with Sections 2.5 2.2 and 2.12. ABR Loans shall be denominated only in Dollars2.9.

Appears in 2 contracts

Samples: Credit Agreement (Lexar Media Inc), Guarantee and Collateral Agreement (Lexar Media Inc)

Revolving Commitments. (a) Subject to the terms and conditions hereof, each Revolving Lender severally agrees to make revolving credit loans (“Revolving Loans”) in Dollars and in any Optional Currency to the Borrower or any Subsidiary Borrower from time to time during the Revolving Commitment Period in an aggregate principal amount at any one time outstanding which, when added to such Lender’s Revolving Percentage of the sum of the Dollar Equivalent of (i) the L/C Obligations then outstanding and outstanding, (ii) the aggregate principal amount of the Swingline Loans then outstanding and (iii) the aggregate principal amount of the Revolving Loans (including the Dollar Equivalent of Foreign Currency Loans) then outstanding, does not exceed the amount of such Lender’s Revolving Commitment. During the Revolving Commitment Period the Borrower and any Subsidiary Borrower may use the Revolving Commitments by borrowing, prepaying the Revolving Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. The Revolving Loans may from time to time be Eurocurrency Loans or ABR Loans, as determined by the Borrower or any Subsidiary Borrower and notified to the Administrative Agent in accordance with Sections 2.5 and 2.12. ABR Loans shall be denominated only in Dollars2.13.

Appears in 2 contracts

Samples: Credit Agreement (Wolverine World Wide Inc /De/), Credit Agreement (Wolverine World Wide Inc /De/)

Revolving Commitments. (a) Subject to the terms and conditions hereofhereof (and, with respect to any Incremental Revolving Commitments, subject to the terms and conditions of Section 2.22 and the related Incremental Revolving Commitment Agreement), each Revolving Lender and Incremental Revolving Lender severally agrees to make revolving credit loans (“Revolving Loans”) in Dollars and in any Optional Currency to the Borrower or any Subsidiary each Borrower from time to time during the Revolving Commitment Period in an aggregate principal amount at any one time outstanding which, when added to such Lender’s Revolving Percentage of the sum of the Dollar Equivalent of (i) the L/C Obligations then outstanding and (ii) the aggregate principal amount of the Swingline Loans then outstanding, does not exceed the amount of such Lender’s Revolving Commitment. During the Revolving Commitment Period the Borrower and any Subsidiary each Borrower may use the Revolving Commitments by borrowing, prepaying the Revolving Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. The Revolving Loans may from time to time be Eurocurrency Eurodollar Loans or ABR Loans, as determined by the Borrower or any Subsidiary Borrower Company and notified to the Administrative Agent in accordance with Sections 2.5 and 2.12. ABR Loans shall be denominated only in Dollars2.10.

Appears in 2 contracts

Samples: Credit Agreement (Mirant Corp), Guarantee Agreement (Rri Energy Inc)

Revolving Commitments. (a) Subject to the terms and conditions hereof, each Revolving Lender severally agrees to make revolving credit loans (“Revolving Loans”) in Dollars and in any Optional Currency to the Borrower or any Subsidiary Borrower Co-Borrowers from time to time during the Revolving Commitment Period in an aggregate principal amount at any one time outstanding which, when added to such Lender’s Revolving Percentage of the sum of the Dollar Equivalent of (i) the L/C Obligations then outstanding and (ii) the aggregate principal amount of the Swingline Loans then outstanding, does not exceed the amount of such Lender’s Revolving Commitment; provided, that, after giving effect thereto, the aggregate amount of Revolving Extensions of Credit then outstanding shall not exceed the lesser of (i) Senior Debt Limit at such time, (ii) if the Borrowing Base is in effect on the date the Revolving Loan is made, the Borrowing Base on such date or (iii) the Total Revolving Commitments at such time. During the Revolving Commitment Period Period, the Borrower and any Subsidiary Borrower Co- Borrowers may use the Revolving Commitments by borrowing, prepaying and reborrowing the Revolving Loans Loans, in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. The Revolving Loans may from time to time be Eurocurrency Eurodollar Loans or ABR Base Rate Loans, as determined by the Borrower or any Subsidiary Borrower Co-Borrowers and notified to the Administrative Agent in accordance with Sections 2.5 2.2 and 2.12. ABR Loans shall be denominated only in Dollars3.3.

Appears in 2 contracts

Samples: Credit Agreement (Chesapeake Energy Corp), Credit Agreement (Chesapeake Energy Corp)

Revolving Commitments. (a) Subject to the terms and conditions hereof, each Revolving Lender with Initial Revolving Commitments severally agrees to make revolving credit loans (“Initial Revolving Loans”) in Dollars and in any Optional Currency to the Borrower or any Subsidiary Borrower from time to time during the Revolving Commitment Period for the Initial Revolving Commitments in an aggregate principal amount at any one time outstanding which, when added to such Lender’s Revolving Percentage of the sum of the Dollar Equivalent of (i) the L/C Obligations then outstanding and (ii) outstanding, after giving effect to the aggregate principal amount making of the Swingline Loans then outstandingsuch Initial Revolving Loans, does not exceed the amount of such Lender’s Initial Revolving Commitment. During the Revolving Commitment Period the Borrower and any Subsidiary Borrower may use the Revolving Commitments by borrowing, prepaying the Revolving Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. The Revolving Loans may from time to time be Eurocurrency Eurodollar Loans or ABR Loans, in each case, as determined by the Borrower or any Subsidiary Borrower and notified to the Administrative Agent in accordance with Sections 2.5 and 2.12. ABR Loans shall be denominated only in Dollars2.13.

Appears in 2 contracts

Samples: Guarantee and Collateral Agreement (Affinity Gaming), Credit Agreement (Affinity Gaming)

Revolving Commitments. (a) Subject to If for any reason the terms and conditions hereof, each Total Revolving Lender severally agrees to make revolving credit loans (“Revolving Loans”) in Dollars and in any Optional Currency to the Borrower or any Subsidiary Borrower from time to time during the Revolving Commitment Period in an aggregate principal amount Outstandings at any one time outstanding whichexceed the Aggregate Revolving Commitments then in effect, when added to such Lender’s the Borrowers shall immediately prepay Revolving Percentage of Loans and/or the sum of the Dollar Equivalent of (i) Swing Line Loans and/or Cash Collateralize the L/C Obligations then outstanding and (iiin an aggregate amount equal to such excess; provided, however, that the Borrowers shall not be required to Cash Collateralize the L/C Obligations pursuant to this Section 2.05(b)(iii) unless after the aggregate principal amount prepayment in full of the Swingline Loans then outstanding, does not exceed the amount of such Lender’s Revolving Commitment. During the Revolving Commitment Period the Borrower and any Subsidiary Borrower may use the Revolving Commitments by borrowing, prepaying the Revolving Loans and the Swing Line Loans the Total Revolving Outstandings exceed the Aggregate Revolving Commitments then in whole or effect. Except as otherwise provided in part, and reborrowingSection 2.15, all in accordance with amounts required to be paid pursuant to the terms provisions of this clause (iii) shall be applied, first, ratably to the L/C Borrowings and conditions hereofSwing Line Loans, second, to the outstanding Revolving Loans and third (after all L/C Borrowings, Swing Line Loans and Revolving Loans have been repaid), to Cash Collateralize L/C Obligations. The Revolving Loans may Administrative Agent may, at any time and from time to time after the initial deposit of such Cash Collateral, request that additional Cash Collateral be Eurocurrency Loans or ABR Loans, as determined by provided in order to protect against the Borrower or any Subsidiary Borrower and notified to the Administrative Agent in accordance with Sections 2.5 and 2.12. ABR Loans shall be denominated only in Dollarsresults of exchange rate fluctuations.

Appears in 2 contracts

Samples: Credit Agreement (Enpro Industries, Inc), Credit Agreement (Enpro Industries, Inc)

Revolving Commitments. (a) Subject to the terms and conditions hereof, each Revolving Lender severally agrees to make revolving credit loans ("Revolving Loans") in Dollars and in any Optional Currency to the Borrower or any Subsidiary Borrower Borrowers from time to time during the Revolving Commitment Period in an aggregate principal amount at any one time outstanding which, when added to such Lender’s 's Revolving Percentage of the sum of the Dollar Equivalent of (i) the L/C Obligations then outstanding and (ii) the aggregate principal amount of the Swingline Loans then outstanding, does not exceed the amount of such Lender’s 's Revolving Commitment; provided, that after giving effect to such Revolving Loans, the Total Revolving Extensions of Credit would not exceed the Total Revolving Commitments. During the Revolving Commitment Period the Borrower and any Subsidiary Borrower Borrowers may use the Revolving Commitments by borrowing, prepaying repaying the Revolving Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. The Revolving Loans may from time to time be Eurocurrency Eurodollar Loans or ABR Loans, as determined by the Borrower or any Subsidiary relevant Borrower and notified to the Administrative Agent in accordance with Sections 2.5 and 2.12. ABR Loans shall be denominated only in Dollars2.13.

Appears in 2 contracts

Samples: Credit Agreement (Interstate Bakeries Corp/De/), Credit Agreement (Interstate Bakeries Corp/De/)

Revolving Commitments. (a) Subject to the terms and conditions hereof, each Revolving Lender severally agrees to make revolving credit loans in Dollars (together with the Swingline Loans and Multicurrency Loans, “Revolving Loans”) in Dollars and in any Optional Currency to the Borrower or and any Subsidiary Borrower from time to time during the Revolving Commitment Period in an aggregate principal amount at any one time outstanding which, when added (after giving effect to any application of proceeds of such Revolving Loans pursuant to Section 2.6) to such Revolving Lender’s Revolving Percentage of the sum of the Dollar Equivalent of (i) the L/C Obligations then outstanding and (ii) the aggregate principal amount of the Swingline Loans then outstanding, does not exceed the amount of such Lender’s Revolving Commitment. During the Revolving Commitment Period the Borrower and any Subsidiary Borrower may use the Revolving Commitments by borrowing, prepaying the Revolving Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. The Revolving Loans may from time to time be Eurocurrency Eurodollar Loans or ABR Loans, as determined by the Borrower or and any Subsidiary Borrower and notified to the Administrative Agent in accordance with Sections 2.5 and 2.12. ABR Loans shall be denominated only in Dollars.

Appears in 2 contracts

Samples: Credit Agreement (Synopsys Inc), Guarantee Agreement (Synopsys Inc)

Revolving Commitments. (a) Subject to the terms and conditions hereof, each Revolving Lender severally agrees (i) to make revolving credit loans denominated in Dollars (“Dollar Revolving Loans”) to the Borrowers and (ii) to make revolving credit loans denominated in one or more Foreign Currencies (“Foreign Currency Revolving Loans”; together with the Dollar Revolving Loans, the “Revolving Loans”) in Dollars and in any Optional Currency to the Borrower or any Subsidiary Borrower Borrowers, in each case from time to time at such Borrower’s request during the Revolving Commitment Period in an aggregate principal amount (based on, in the case of Foreign Currency Revolving Loans, the Dollar Equivalent of such Foreign Currency Revolving Loans) at any one time outstanding which, when added to such Lender’s Revolving Percentage of the sum of the Dollar Equivalent of (i) the L/C Obligations with respect to Letters of Credit then outstanding and (ii) the aggregate principal amount of the Swingline Loans then outstanding, outstanding does not exceed the amount of such Lender’s Revolving Commitment. During the Revolving Commitment Period the Borrower and any Subsidiary each Borrower may use the Revolving Commitments by borrowing, prepaying the Revolving Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. The Dollar Revolving Loans may from time to time be Eurocurrency Eurodollar Loans or ABR Loans, as determined by the Borrower or any Subsidiary applicable Borrower and notified to the Administrative Agent in accordance with Sections 2.5 and 2.122.7 and/or 2.14. ABR The Foreign Currency Revolving Loans shall be denominated only in DollarsEurodollar Loans.

Appears in 2 contracts

Samples: Collateral Agreement (Tenneco Inc), Credit Agreement (Tenneco Inc)

Revolving Commitments. (a) Subject to the terms and conditions hereof, each Revolving Lender severally agrees to make revolving credit loans (“Revolving Loans”) to the U.S. Borrower in Dollars and in any Optional Currency to the Borrower or any Subsidiary Borrower from time to time during the Revolving Commitment Period in an aggregate principal amount at any one time outstanding which, when the Dollar Equivalent thereof is added (after giving effect to any application of proceeds of such Revolving Loans pursuant to Section 2.6) to the sum of (i) such Lender’s Revolving Percentage of the sum of the Dollar Equivalent of (i) the L/C Obligations then outstanding and (ii) the aggregate principal amount of the such Lender’s Swingline Loans Exposure then outstanding, does not exceed the amount of such Lender’s Revolving Commitment. During the Revolving Commitment Period the Borrower and any Subsidiary Borrower Borrowers may use the Revolving Commitments by borrowing, prepaying the Revolving Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. The Revolving Loans denominated in Dollars may from time to time be Eurocurrency Eurodollar Loans or ABR Loans, as determined by the Borrower or any Subsidiary U.S. Borrower and notified to the Administrative Agent in accordance with Sections 2.5 and 2.12. ABR Loans shall be denominated only in Dollars.

Appears in 1 contract

Samples: Credit Agreement (Thermon Group Holdings, Inc.)

Revolving Commitments. (a) Subject to the terms and conditions hereof, each Revolving Lender severally agrees to make revolving credit loans (“Revolving Loans”) in Dollars and in any Optional Currency to the Borrower or any Subsidiary Borrower from time to time during the Revolving Commitment Period in an aggregate principal amount at any one time outstanding which, when added to such Lender’s Revolving Percentage of the sum of the Dollar Equivalent of (i) the L/C Obligations then outstanding and (ii) the aggregate principal amount of the Swingline Loans then outstandingoutstanding (after giving effect to any substantially simultaneous repayment of such Swingline Loans), does not exceed the amount of such Lender’s Revolving Commitment. During the Revolving Commitment Period the Borrower and any Subsidiary Borrower may use the Revolving Commitments by borrowing, prepaying the Revolving Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. The Revolving Loans may from time to time be Eurocurrency Eurodollar Loans or ABR Loans, as determined by the Borrower or any Subsidiary Borrower and notified to the Administrative Agent in accordance with Sections 2.5 and 2.12. ABR Loans shall be denominated only in Dollars.

Appears in 1 contract

Samples: Mortgage, Security Agreement (Metavante Technologies, Inc.)

Revolving Commitments. (a) Subject to If for any reason the terms and conditions hereof, each Total Revolving Lender severally agrees to make revolving credit loans (“Revolving Loans”) in Dollars and in any Optional Currency to the Borrower or any Subsidiary Borrower from time to time during the Revolving Commitment Period in an aggregate principal amount Outstandings at any one time outstanding whichexceed the Aggregate Revolving Commitments then in effect, when added to such Lender’s the Borrowers shall immediately prepay Revolving Percentage of Loans and/or the sum of the Dollar Equivalent of (i) Swing Line Loans and/or Cash Collateralize the L/C Obligations then outstanding and (iiin an aggregate amount equal to such excess; provided, however, that the Borrowers shall not be required to Cash Collateralize the L/C Obligations pursuant to this Section 2.05(b)(i) unless after the aggregate principal amount prepayment in full of the Swingline Loans then outstanding, does not exceed the amount of such Lender’s Revolving Commitment. During the Revolving Commitment Period the Borrower and any Subsidiary Borrower may use the Revolving Commitments by borrowing, prepaying the Revolving Loans and the Swing Line Loans the Total Revolving Outstandings exceed the Aggregate Revolving Commitments then in whole or effect. Except as otherwise provided in part, and reborrowingSection 2.15, all in accordance with amounts required to be paid pursuant to the terms provisions of this clause (iii) shall be applied, first, ratably to the L/C Borrowings and conditions hereofSwing Line Loans, second, to the outstanding Revolving Loans and third (after all L/C Borrowings, Swing Line Loans and Revolving Loans have been repaid), to Cash Collateralize L/C Obligations. The Revolving Loans may Administrative Agent may, at any time and from time to time after the initial deposit of such Cash Collateral, request that additional Cash Collateral be Eurocurrency Loans or ABR Loans, as determined by provided in order to protect against the Borrower or any Subsidiary Borrower and notified to the Administrative Agent in accordance with Sections 2.5 and 2.12. ABR Loans shall be denominated only in Dollarsresults of exchange rate fluctuations.

Appears in 1 contract

Samples: Credit Agreement (Enpro Industries, Inc)

Revolving Commitments. (a) Subject to the terms and conditions hereof, each Revolving Lender severally agrees to make revolving credit loans (each, a “Revolving Loan” and, collectively, the “Revolving Loans”) in Dollars and in any Optional Currency to the Borrower or any Subsidiary Borrower from time to time during the Revolving Commitment Period in an aggregate principal amount at any one time outstanding which, when added to such Lender’s Revolving Percentage the aggregate undrawn amount of all outstanding Letters of Credit and the sum aggregate amount of the Dollar Equivalent of (i) the all L/C Obligations then outstanding and (ii) the aggregate principal amount Disbursements that have not yet been reimbursed or converted into Revolving Loans, incurred on behalf of the Swingline Loans then outstandingBorrower and owing to such Lender, does not exceed the amount of such Lender’s Revolving Commitment. During In addition, such aggregate obligations shall not at any time exceed the Revolving Commitment Period lesser of (i) the Borrower and any Subsidiary Borrower may use the Total Revolving Commitments by borrowing, prepaying at such time and (ii) the Borrowing Base at such time. No Revolving Extension of Credit shall be outstanding on the Closing Date. No portion of the Revolving Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. The Revolving Loans may from time to time be Eurocurrency Loans or ABR Loans, as determined by the Borrower or any Subsidiary Borrower and notified to the Administrative Agent in accordance with Sections 2.5 and 2.12. ABR Loans shall be denominated only in Dollars.funded with “plan assets” of any “benefit plan investor” within the meaning of Section 3(42)

Appears in 1 contract

Samples: Credit Agreement (Cambium Networks Corp)

Revolving Commitments. (a) Subject to the terms and conditions hereof, each Revolving Lender severally agrees to make revolving credit loans ("Revolving Loans") in Dollars and in any Optional Currency to the Borrower or any Subsidiary Borrower from time to time during the Revolving Commitment Period in an aggregate principal amount at any one time outstanding which, when added to such Revolving Lender’s 's Revolving Percentage of the sum of the Dollar Equivalent of (i) the L/C Obligations then outstanding and (ii) the aggregate principal amount of the Swingline Loans then outstanding, does not exceed the amount of such Revolving Lender’s 's Revolving Commitment. During the Revolving Commitment Period Period, the Borrower and any Subsidiary Borrower may use the Revolving Commitments by borrowing, prepaying the Revolving Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. The Revolving Loans may from time to time be Eurocurrency Eurodollar Loans or ABR Loans, as determined by the Borrower or any Subsidiary Borrower and notified to the Administrative Agent in accordance with Sections 2.5 and 2.12. , except that all Revolving Loans (other than under the next succeeding paragraph) made on the Effective Date shall initially be ABR Loans shall be denominated only in DollarsLoans.

Appears in 1 contract

Samples: Credit Agreement (Doane Pet Care Co)

Revolving Commitments. (aiv) Subject to the terms and conditions hereof, each Revolving Lender severally agrees to make revolving credit loans (“Revolving Loans”) to the U.S. Borrower in Dollars and in any Optional Currency to the Borrower or any Subsidiary Borrower from time to time during the Revolving Commitment Period in an aggregate principal amount at any one time outstanding which, when the Dollar Equivalent thereof is added (after giving effect to any application of proceeds of such LenderRevolving Loans pursuant to Section 2.6) to the sum of (i) such Lxxxxx’s Revolving Percentage of the sum of the Dollar Equivalent of (i) the L/C Obligations then outstanding and (ii) the aggregate principal amount of the such Lxxxxx’s Swingline Loans Exposure then outstanding, does not exceed the amount of such LenderLxxxxx’s Revolving Commitment. During the Revolving Commitment Period the Borrower and any Subsidiary Borrower Borrowers may use the Revolving Commitments by borrowing, prepaying the Revolving Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. The Revolving Loans denominated in Dollars may from time to time be Eurocurrency EurodollarTerm Benchmark Loans or, ABR Loans or ABR (subject to 2.16) RFR Loans, as determined by the Borrower or any Subsidiary U.S. Borrower and notified to the Administrative Agent in accordance with Sections 2.5 and 2.12. ABR Loans shall be denominated only in Dollars.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Thermon Group Holdings, Inc.)

Revolving Commitments. (a) Subject to the terms and conditions hereof, each Revolving Lender severally agrees to make revolving credit loans ("Revolving Loans") in Dollars and in any Optional Currency to the Borrower or any Subsidiary Borrower from time to time during the Revolving Commitment Period in an aggregate principal amount at any one time outstanding which, when added to such Lender’s 's Revolving Percentage of the sum of the Dollar Equivalent of (i) the L/C Obligations then outstanding and (ii) the aggregate principal amount of the Swingline Loans then outstanding, does not exceed the amount of such Lender’s 's Revolving Commitment. During the Revolving Commitment Period the Borrower and any Subsidiary Borrower may use the Revolving Commitments by borrowing, prepaying and reborrowing the Revolving Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. The Revolving Loans may from time to time be Eurocurrency Eurodollar Loans, Base Rate Loans or ABR Loansa combination thereof, as determined by the Borrower or any Subsidiary Borrower and notified to the Administrative Agent in accordance with Sections 2.5 3.2 and 2.124.3. ABR Each Lender's Revolving Commitment shall expire on the Revolving Termination Date and all Revolving Loans and all other amounts owed hereunder with respect to the Revolving Loans and the Revolving Commitments shall be denominated only paid in Dollarsfull no later than such date.

Appears in 1 contract

Samples: Credit Agreement (Del Frisco's Restaurant Group, LLC)

Revolving Commitments. (a) Subject to the terms and conditions hereof, each Revolving Lender severally agrees to make revolving credit loans ("Revolving Loans") in Dollars and in any Optional Currency to the Borrower or any Subsidiary Borrower from time to time during the Revolving Commitment Period in an aggregate principal amount at any one time outstanding which, when added to such Lender’s 's Revolving Percentage of the sum of the Dollar Equivalent of (i) the L/C Obligations then outstanding and (ii) the aggregate principal amount of the Swingline Loans then outstandingoutstanding (except to the extent that such Revolving Loans are to be applied to repay outstanding Swingline Loans), does not exceed the amount of such Lender’s 's Revolving Commitment; provided, that the aggregate principal amount of Revolving Loans made on the Closing Date shall not exceed $5,000,000. During the Revolving Commitment Period the Borrower and any Subsidiary Borrower may use the Revolving Commitments by borrowing, prepaying the Revolving Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. The Revolving Loans may from time to time be Eurocurrency Eurodollar Loans or ABR Loans, as determined by the Borrower or any Subsidiary Borrower and notified to the Administrative Agent in accordance with Sections 2.5 and 2.12. ABR Loans shall be denominated only in Dollars.

Appears in 1 contract

Samples: Credit Agreement (National Waterworks Inc)

Revolving Commitments. (a) Subject to the terms and conditions hereof, each Revolving Lender severally agrees to make revolving credit loans in Dollars (“Revolving Loans”) in Dollars and in any Optional Currency to the Borrower or any Subsidiary Borrower from time to time during the Revolving Commitment Period in an aggregate principal amount at any one time outstanding which, when added to such Lender’s Revolving Percentage of the sum of the Dollar Equivalent of (i) the L/C Obligations then outstanding and (ii) the aggregate principal amount of the Swingline Loans then outstanding, does not exceed the amount of such Lender’s Revolving Commitment; provided that the failure of any Revolving Lender to make any Revolving Loan required to be made by it shall not relieve any other Revolving Lender from its obligations to make Revolving Loans hereunder. During the Revolving Commitment Period the Borrower and any Subsidiary Borrower may use the Revolving Commitments by borrowing, prepaying the Revolving Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. The Revolving Loans may from time to time be Eurocurrency Eurodollar Loans or ABR Base Rate Loans, as determined by the Borrower or any Subsidiary Borrower and notified to the Administrative Agent in accordance with Sections 2.5 and 2.12. ABR Loans shall be denominated only in Dollars.

Appears in 1 contract

Samples: Credit Agreement (Inamed Corp)

Revolving Commitments. (a) Subject to the terms and conditions hereof, each Revolving Lender severally agrees to make revolving credit loans in Dollars or in any Permitted Foreign Currency #93138577v21 US-DOCS\115367111.15 LEGAL_US_E # 147442669.29 (“Revolving Loans”) in Dollars and in any Optional Currency to the Borrower or any Subsidiary Borrower from time to time during the Revolving Commitment Period in an aggregate principal amount at any one time outstanding which, when added to such Lender’s Revolving Percentage of the sum of the Dollar Equivalent of (i) the L/C Obligations then outstanding and (ii) the aggregate principal amount of the such Revolving Lender’s Swingline Loans Exposure then outstanding, does not exceed the amount of such Lender’s Revolving Commitment. During the Revolving Commitment Period Period, the Borrower and any Subsidiary Borrower may use the Revolving Commitments by borrowing, prepaying the Revolving Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. The Revolving Loans may from time to time be Eurocurrency Loans or or, solely in the case of Revolving Loans denominated in Dollars, ABR Loans, as determined by the Borrower or any Subsidiary Borrower and notified to the Administrative Agent in accordance with Sections 2.5 and 2.12. ABR Loans shall be denominated only in Dollars2.13.

Appears in 1 contract

Samples: Credit Agreement (Revlon Inc /De/)

Revolving Commitments. (a) Subject to the terms and conditions hereof, each Revolving Lender severally agrees to make revolving credit loans (“Revolving Loans”) in Dollars and in any Optional Currency to the Borrower or any Subsidiary Borrower from time to time during the Revolving Commitment Period in an aggregate principal amount at any one time outstanding which, when added to such Lender’s Revolving Percentage of the sum of the Dollar Equivalent of (i) the L/C Obligations then outstanding and (ii) the aggregate principal amount of the Swingline Loans then outstanding, does not exceed the amount of such Lender’s Revolving Commitment. During the Revolving Commitment Period the Borrower and any Subsidiary Borrower may use the Revolving Commitments by borrowing, prepaying the Revolving Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. The Revolving Loans may from time to time be Eurocurrency Eurodollar Loans or ABR Loans, as determined by the Borrower or any Subsidiary Borrower and notified to the Administrative Agent in accordance with Sections 2.5 2.2 and 2.122.6. ABR Revolving Loans outstanding under the Existing Credit Agreement on the Closing Date and not repaid on such date shall be denominated only in Dollarscontinue thereafter hereunder with the same respective Interest Periods.

Appears in 1 contract

Samples: Credit Agreement (National Financial Partners Corp)

Revolving Commitments. (a) Subject to the terms and conditions hereof, each Revolving Lender severally agrees to make revolving credit loans (each, a “Revolving Loan” and, collectively, the “Revolving Loans”) in Dollars and in any Optional Currency to the Borrower or any Subsidiary Borrower from time to time during the Revolving Commitment Period in an aggregate principal amount with respect to all such Revolving Loans at any one time outstanding which, when added to such Lender’s Revolving Percentage pro rata share of the sum aggregate outstanding amount of any Revolving Loans, any Swingline Loans, the Dollar Equivalent aggregate undrawn amount of (i) all outstanding Letters of Credit, and the aggregate amount of all L/C Obligations then outstanding and (ii) the aggregate principal amount Disbursements that have not yet been reimbursed or converted into Revolving Loans, incurred on behalf of the Swingline Loans then outstandingBorrower and owing to such Lender, does not exceed the amount of such Lender’s Revolving Commitment. In addition, the amount of the Total Revolving Extensions of Credit outstanding at such time shall not exceed the Total Revolving Commitments in effect at such time. During the Revolving Commitment Period the Borrower and any Subsidiary Borrower may use the Revolving Commitments by borrowing, prepaying the Revolving Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. The Revolving Loans may SF1 1952992 from time to time be Eurocurrency Eurodollar Loans or ABR Loans, as determined by the Borrower or any Subsidiary Borrower and notified to the Administrative Agent in accordance with Sections 2.5 and 2.12. ABR Loans shall be denominated only in Dollars2.11.

Appears in 1 contract

Samples: Credit Agreement (Demand Media Inc.)

Revolving Commitments. (a) Subject to the terms and conditions hereof, each Revolving Lender severally agrees to make revolving credit loans (“Revolving Loans”) in Dollars and in any Optional Currency to the Borrower or any Subsidiary Borrower and/or the Co-Borrower, as the case may be, from time to time during the Revolving Commitment Period in an aggregate principal amount at any one time outstanding which, when added to such Lender’s Revolving Percentage of the sum of the Dollar Equivalent of (i) the L/C Obligations then outstanding and outstanding, (ii) the aggregate principal amount of the Swingline Loans then outstanding and (iii) the Dollar Equivalent of the aggregate principal amount of the Foreign Currency Loans then outstanding, does not exceed the amount of such Lender’s Revolving Commitment. During the Revolving Commitment Period the Borrower and any Subsidiary the Co-Borrower may use the Revolving Commitments by borrowing, prepaying the Revolving Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. The Revolving Loans may from time to time be Eurocurrency Eurodollar Loans or ABR Loans, as determined by the Borrower or any Subsidiary Borrower the Co-Borrower, as applicable, and notified to the Administrative Agent in accordance with Sections 2.5 and 2.12. ABR Loans shall be denominated only in Dollars.

Appears in 1 contract

Samples: Credit Agreement (Allscripts Healthcare Solutions, Inc.)

Revolving Commitments. (a) Subject to the terms and conditions hereof, each Revolving Lender severally agrees to make revolving credit loans ("Revolving Loans") in Dollars and in any Optional Currency to the Borrower or any Subsidiary Borrower from time to time during the Revolving Commitment Period in an aggregate principal amount at any one time outstanding which, when added to such Lender’s 's Revolving Percentage of the sum of the Dollar Equivalent of (i) the L/C Obligations then outstanding and (ii) the aggregate principal amount of the Swingline Loans then outstanding, does not exceed the amount of such Lender’s 's Revolving Commitment; provided, that, the Borrower shall not request, and no Revolving Lender shall make, any Revolving Loan if, after giving effect to the making of such Revolving Loan, the Aggregate Extensions of Credit would exceed the Borrowing Base. During the Revolving Commitment Period the Borrower and any Subsidiary Borrower may use the Revolving Commitments by borrowing, prepaying the Revolving Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. The Revolving Loans may from time to time be Eurocurrency Eurodollar Loans or ABR Loans, as determined by the Borrower or any Subsidiary Borrower and notified to the Administrative Agent in accordance with Sections 2.5 and 2.12. ABR Loans shall be denominated only in Dollars.

Appears in 1 contract

Samples: Credit Agreement (Delphi Corp)

Revolving Commitments. (a) Subject to the terms and conditions hereof, each Revolving Lender severally agrees to make revolving credit loans (“Revolving Loans”) to the Revolving Borrowers in Dollars and or in any Optional Currency to the Borrower one or any Subsidiary Borrower more Alternative Currencies from time to time on any Business Day during the Revolving Commitment Period in an aggregate principal amount at any one time outstanding which, when added to such Lender’s Revolving Percentage of the sum of the Dollar Equivalent of (i) the aggregate Outstanding Amount of L/C Obligations then outstanding at such time and (ii) the aggregate principal amount Outstanding Amount of the Swingline Loans then outstandingat such time, does not exceed the amount of such LenderLxxxxx’s Revolving Commitment. During the Revolving Commitment Period the Borrower and any Subsidiary Borrower Revolving Borrowers may use the Revolving Commitments by borrowing, repaying or prepaying the Revolving Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. The Revolving Loans (other than Revolving Loans denominated in Sterling) may from time to time be Eurocurrency Loans or or, with respect to Revolving Loans denominated in Dollars, ABR Loans, as determined by the Borrower or any Subsidiary applicable Revolving Borrower and notified to the Administrative Agent in accordance with Sections 2.5 and 2.12. ABR Revolving Loans denominated in Sterling shall be denominated only in DollarsSterling Daily Rate Loans.

Appears in 1 contract

Samples: Credit Agreement (CLARIVATE PLC)

Revolving Commitments. (a) Subject to the terms and conditions hereof, each Revolving Lender severally agrees to make revolving credit loans in Dollars ("Revolving Loans") in Dollars and in any Optional Currency to the Borrower or any Subsidiary Borrower from time to time during the Revolving Commitment Period in an aggregate principal amount at any one time outstanding which, when added to such Lender’s 's Revolving Percentage of the sum of the Dollar Equivalent of (i) the L/C Obligations then outstanding and (ii) the aggregate principal amount of the Swingline Loans then outstanding, does not exceed the amount of such Lender’s 's Revolving Commitment; provided that the failure of any Revolving Lender to make any Revolving Loan required to be made by it shall not relieve any other Revolving Lender from its obligations to make Revolving Loans hereunder. During the Revolving Commitment Period the Borrower and any Subsidiary Borrower may use the Revolving Commitments by borrowing, prepaying the Revolving Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. The Revolving Loans may from time to time be Eurocurrency Eurodollar Loans or ABR Base Rate Loans, as determined by the Borrower or any Subsidiary Borrower and notified to the Administrative Agent in accordance with Sections 2.5 and 2.12. ABR Loans shall be denominated only in Dollars.

Appears in 1 contract

Samples: Credit Agreement (Inamed Corp)

Revolving Commitments. (a) Subject to the terms and conditions hereof, each Revolving Lender severally agrees to make revolving credit loans (“Revolving Loans”"REVOLVING LOANS") in Dollars and in any Optional Currency to the Borrower or any Subsidiary Borrower from time to time during the Revolving Commitment Period in an aggregate principal amount at any one time outstanding which, when added to such Lender’s 's Revolving Percentage of the sum of the Dollar Equivalent of (i) the L/C Obligations then outstanding and (ii) the aggregate principal amount of the Swingline Loans then outstanding, does not exceed the amount of such Lender’s 's Revolving Commitment. During the Revolving Commitment Period the Borrower and any Subsidiary Borrower may use the Revolving Commitments by borrowing, prepaying the Revolving Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof; PROVIDED, that the sum of the Total Revolving Extensions of Credit plus the aggregate principal amount of outstanding Competitive Loans at any time shall not exceed the Total Revolving Commitments. The Revolving Loans may from time to time be Eurocurrency Eurodollar Loans or ABR Loans, as determined by the Borrower or any Subsidiary Borrower and notified to the Administrative Agent in accordance with Sections 2.5 SECTIONS 2.2 and 2.12. ABR Loans shall be denominated only in Dollars2.9.

Appears in 1 contract

Samples: Credit Agreement (Homeside Lending Inc)

Revolving Commitments. (a) Subject to the terms and conditions hereof, each Revolving Lender severally agrees to make revolving credit loans (“Revolving Loans”) in Dollars and in any Optional Currency to the Borrower or any Subsidiary Borrower Borrowers from time to time during the Revolving Commitment Period in an aggregate principal amount at any one time outstanding which, when added (after giving effect to the use of proceeds thereof) to the sum of (i) such Lender’s Revolving Percentage of the sum of the Dollar Equivalent of (ix) the L/C Obligations then outstanding and (iiy) the aggregate principal amount of the Revolving Loans then outstanding and (ii) such Lender’s Swingline Loans Exposure then outstanding, does not exceed the amount of such Lender’s Revolving Commitment. During the Revolving Commitment Period the Borrower and any Subsidiary Borrower Borrowers may use the Revolving Commitments by borrowing, prepaying the Revolving Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. The Revolving Loans may from time to time be Eurocurrency Term Benchmark Loans or ABR Loans, as determined by the Borrower or any Subsidiary applicable Borrower and notified to the Administrative Agent in accordance with Sections 2.5 and 2.12. ABR Loans shall be denominated only in Dollars2.13.

Appears in 1 contract

Samples: Credit Agreement (Wolverine World Wide Inc /De/)

Revolving Commitments. (a) Subject to the terms and conditions hereof, each Revolving Lender severally agrees to make revolving credit loans ("Revolving Loans") in Dollars and in any Optional Currency to the Borrower or any Subsidiary Borrower from time to time during the Revolving Commitment Period in an aggregate principal amount at any one time outstanding which, when added to such Lender’s Revolving 's Percentage of the sum of the Dollar Equivalent of (i) the L/C Obligations then outstanding and (ii) the aggregate principal amount of the Swingline Loans then outstanding, does not exceed the amount of such Lender’s 's Revolving Commitment. During the Revolving Commitment Period the Borrower and any Subsidiary Borrower may use the Revolving Commitments by borrowing, prepaying the Revolving Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. The Revolving Loans may from time to time be Eurocurrency Eurodollar Loans or ABR Loans, as determined by the Borrower or any Subsidiary Borrower and notified to the Administrative Agent in accordance with Sections 2.5 2.2 and 2.122.7. ABR Revolving Loans outstanding under the Existing Credit Agreement on the Closing Date and not repaid on such date shall be denominated only in Dollarscontinue thereafter hereunder with the same respective Interest Periods.

Appears in 1 contract

Samples: Credit Agreement (National Financial Partners Corp)

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Revolving Commitments. (a) Subject to the terms and conditions hereof, each Revolving Lender severally agrees to make revolving credit loans (“Revolving Loans”) in Dollars and in any Optional Currency to the Borrower or any Subsidiary Borrower from time to time during the Revolving Commitment Period in an aggregate principal amount at any one time outstanding which, when added (after giving effect to any application of proceeds of such Revolving Loans pursuant to Section 2.18) to the sum of (i) to such Lender’s Revolving Percentage of the sum of the Dollar Equivalent of (i) the L/C Obligations then outstanding and (ii) the aggregate principal amount of the such Lender’s Swingline Loans LoansExposure then outstanding, does not exceed the amount of such Lender’s Revolving Commitment. During the Revolving Commitment Period the Borrower and any Subsidiary Borrower may use the Revolving Commitments by borrowing, prepaying the Revolving Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. The Revolving Loans may from time to time be Eurocurrency LIBOR Rate Loans or ABR Loans, as determined by the Borrower or any Subsidiary Borrower and notified to the Administrative Agent in accordance with Sections 2.5 2.2 and 2.12. ABR Loans shall be denominated only in Dollars2.7.

Appears in 1 contract

Samples: Second Extension Agreement (Westar Energy Inc /Ks)

Revolving Commitments. (a) Subject to the terms and conditions hereof, each Revolving Lender severally agrees to make revolving credit loans (“Revolving Loans”) in Dollars and in any Optional Currency to the Borrower or any Subsidiary Borrower Borrower, from time to time during the Revolving Commitment Period Period, in an aggregate principal amount at any one time outstanding which, when added to the amount equal to such Lender’s Revolving Percentage of the sum of the Dollar Equivalent of (i) the L/C Obligations then outstanding and (ii) the aggregate principal amount such Lender’s Revolving Percentage of the Swingline Swing Line Loans then outstanding, does not exceed the amount of such Lender’s Revolving Commitment. No Lender shall be obligated to make a Revolving Loan if, after giving effect to such Revolving Loan, the aggregate Revolving Extensions of Credit exceed the Total Revolving Commitments. During the Revolving Commitment Period the Borrower and any Subsidiary Borrower may use the Revolving Commitments by borrowing, prepaying the Revolving Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. The Revolving Loans may from time to time be Eurocurrency LIBOR Loans or ABR Base Rate Loans, as determined by the Borrower or any Subsidiary Borrower and notified to the Administrative Agent in accordance with Sections 2.5 2.3 and 2.12. ABR Loans shall be denominated only in Dollars2.8.

Appears in 1 contract

Samples: Credit Agreement (TrueBlue, Inc.)

Revolving Commitments. (a) Subject to the terms and conditions hereof, each Revolving Lender severally agrees to make revolving credit loans (“Revolving Loans”) to the U.S. Borrower in Dollars and in any Optional Currency to the Borrower or any Subsidiary Borrower from time to time during the Revolving Commitment Period in an aggregate principal amount at any one time outstanding which, when the Dollar Equivalent thereof is added (after giving effect to any application of proceeds of such Revolving Loans pursuant to Section 2.6) to the sum of (i) such Lender’s Revolving Percentage of the sum of the Dollar Equivalent of (i) the L/C Obligations then outstanding and (ii) the aggregate principal amount of the such Lender’s Swingline Loans Exposure then outstanding, does not exceed the amount of such Lender’s Revolving Commitment. During the Revolving Commitment Period the Borrower and any Subsidiary Borrower Borrowers may use the Revolving Commitments by borrowing, prepaying the Revolving Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. The Revolving Loans denominated in Dollars may from time to time be Eurocurrency Eurodollar Loans or ABR Loans, as determined by the Borrower or any Subsidiary U.S. Borrower and notified to the Administrative Agent in accordance with Sections 2.5 and 2.12. ABR Loans shall be denominated only in Dollars.

Appears in 1 contract

Samples: Credit Agreement (Thermon Group Holdings, Inc.)

Revolving Commitments. (a) Subject to the terms and conditions hereof, each Revolving Lender severally agrees to make revolving credit loans (“Revolving Loans”) in Dollars and in any Optional Currency to the Borrower or any Subsidiary Borrower from time to time during the Revolving Commitment Period in an aggregate principal amount at any one time outstanding which, when added to such Lender’s Revolving Percentage of the sum of the Dollar Equivalent of (i) the L/C Obligations then outstanding and (ii) the aggregate principal amount of the Swingline Loans then outstanding, does not exceed the amount of such Lender’s Revolving Commitment. During the Revolving Commitment Period the Borrower and any Subsidiary Borrower may use the Revolving Commitments by borrowing, prepaying the Revolving Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. The Revolving Loans may from time to time be Eurocurrency Loans or ABR Loans, as determined by the Borrower or any Subsidiary Borrower and notified to the Administrative Agent in accordance with Sections 2.5 and 2.12. ABR Loans shall be denominated only in Dollars.Revolving

Appears in 1 contract

Samples: Credit Agreement (Avis Budget Group, Inc.)

Revolving Commitments. (a) Subject to the terms and conditions hereof, each Revolving Lender severally agrees to make revolving credit loans (“Revolving Loans”) to the Revolving Borrowers in Dollars and or in any Optional Currency to the Borrower one or any Subsidiary Borrower more Alternative Currencies from time to time on any Business Day during the Revolving Commitment Period in an aggregate principal amount at any one time outstanding which, when added to such Lender’s Revolving Percentage of the sum of the Dollar Equivalent of (i) the aggregate Outstanding Amount of L/C Obligations then outstanding at such time and (ii) the aggregate principal amount Outstanding Amount of the Swingline Loans then outstandingat such time, does not exceed the amount of such LenderXxxxxx’s Revolving Commitment. During the Revolving Commitment Period the Borrower and any Subsidiary Borrower Revolving Borrowers may use the Revolving Commitments by borrowing, repaying or prepaying the Revolving Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. The Revolving Loans (other than Revolving Loans denominated in Dollars or Sterling) may from time to time be Eurocurrency Loans or, with respect to Revolving Loans denominated in Dollars, Term SOFR Loans or ABR Loans, as determined by the Borrower or any Subsidiary applicable Revolving Borrower and notified to the Administrative Agent in accordance with Sections 2.5 and 2.12. ABR Revolving Loans denominated in Sterling shall be denominated only in DollarsSterling Daily Rate Loans.

Appears in 1 contract

Samples: Credit Agreement (Clarivate PLC)

Revolving Commitments. (a) Subject to the terms and conditions hereof, each Revolving Lender severally agrees to make revolving credit loans (“Revolving Loans”) in Dollars and in any Optional Currency to the Borrower or any Subsidiary Borrower from time to time during the Revolving Commitment Period in an aggregate principal amount at any one time outstanding which, when added to such Lender’s Revolving Percentage of the sum of the Dollar Equivalent of (i) the L/C Obligations then outstanding and (ii) the aggregate principal outstanding amount of the Swingline Loans then outstandingLoans, and the aggregate undrawn amount of all outstanding Letters of Credit and the aggregate amount of all L/C Disbursements that have not yet been reimbursed or converted into Revolving Loans, incurred on behalf of the Borrower and owing to such Lender, does not exceed the amount of such Lender’s Revolving Commitment; provided that the Total Revolving Extensions of Credit shall in no event exceed the Total Revolving Commitment. During the Revolving Commitment Period Period, the Borrower and any Subsidiary Borrower may use the Revolving Commitments by borrowing, prepaying the Revolving Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. The Revolving Loans may from time to time be Eurocurrency Eurodollar Loans or ABR Loans, as determined by the Borrower or any Subsidiary Borrower and notified to the Administrative Agent in accordance with Sections 2.5 2.2 and 2.12. ABR Loans shall be denominated only in Dollars2.8.

Appears in 1 contract

Samples: Credit Agreement (Enernoc Inc)

Revolving Commitments. (a) Subject to the terms and conditions hereof, each Revolving Lender severally agrees to make revolving credit loans (each, a “Revolving Loan” and, collectively, the “Revolving Loans”) in Dollars and in any Optional Currency to the Borrower or any Subsidiary Borrower from time to time during the Revolving Commitment Period in an aggregate principal amount at any one time outstanding which, when added to such Lender’s Revolving Percentage the aggregate outstanding amount of FX Reserves, the sum aggregate undrawn amount of all outstanding Letters of Credit and the Dollar Equivalent aggregate amount of (i) the all L/C Obligations then outstanding and (ii) the aggregate principal amount Disbursements that have not yet been reimbursed or converted into Revolving Loans, incurred on behalf of the Swingline Loans then outstandingBorrower and owing to such Lender, does not exceed the amount of such Lender’s Revolving Commitment. During the Revolving Commitment Period the Borrower and any Subsidiary Borrower may use the Revolving Commitments by borrowing, prepaying the Revolving Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. The Revolving Loans may from time to time be Eurocurrency Eurodollar Loans or ABR Loans, as determined by the Borrower or any Subsidiary Borrower and notified to the Administrative Agent in accordance with Sections 2.5 2.2 and 2.12. ABR Loans shall be denominated only in Dollars2.6.

Appears in 1 contract

Samples: Credit Agreement (Perficient Inc)

Revolving Commitments. (a) Subject to the terms and conditions hereof, each Revolving Lender severally agrees to make revolving credit loans (“Revolving Loans”"REVOLVING LOANS") in Dollars and in any Optional Currency to the Borrower or any Subsidiary Borrower from time to time during the Revolving Commitment Period in an aggregate principal amount at any one time outstanding which, when added to such Lender’s 's Revolving Percentage of the sum of the Dollar Equivalent of (i) the L/C Obligations then outstanding and (ii) the aggregate principal amount of the Swingline Loans then outstanding, does not exceed such Lender's Revolving Commitment; provided, that, after giving effect thereto, the aggregate amount of Revolving Extensions of Credit then outstanding shall not exceed the lesser of (i) Senior Debt Limit at such Lender’s time, (ii) if the Borrowing Base is in effect on the date the Revolving CommitmentLoan is made, the Borrowing Base on such date or (iii) the Total Revolving Commitments at such time. During the Revolving Commitment Period Period, the Borrower and any Subsidiary Borrower may use the Revolving Commitments by borrowing, prepaying and reborrowing the Revolving Loans Loans, in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. The Revolving Loans may from time to time be Eurocurrency Eurodollar Loans or ABR Base Rate Loans, as determined by the Borrower or any Subsidiary Borrower and notified to the Administrative Agent in accordance with Sections 2.5 SECTIONS 2.2 and 2.12. ABR Loans shall be denominated only in Dollars3.3.

Appears in 1 contract

Samples: Credit Agreement (Chesapeake Energy Corp)

Revolving Commitments. (a) Subject to the terms and conditions hereof, each Revolving Lender severally agrees to make revolving credit loans ("Revolving Loans") in Dollars and in any Optional Currency to the Borrower or any Subsidiary Borrower from time to time at the Borrower's request during the Revolving Commitment Period in an aggregate principal amount at any one time outstanding which, when added to such Lender’s 's Revolving Percentage of the sum of the Dollar Equivalent of (i) the L/C Obligations with respect to Revolving Letters of Credit then outstanding and (ii) the aggregate principal amount of the Swingline Loans then outstanding, outstanding does not exceed the amount of such Lender’s 's Revolving Commitment. During the Revolving Commitment Period the Borrower and any Subsidiary Borrower may use the Revolving Commitments by borrowing, prepaying the Revolving Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. The Revolving Loans may from time to time be Eurocurrency Eurodollar Loans or ABR Loans, as determined by the Borrower or any Subsidiary Borrower and notified to the Administrative Agent in accordance with Sections 2.5 and 2.12. ABR Loans shall be denominated only in Dollars2.7 and/or 2.14.

Appears in 1 contract

Samples: Credit Agreement (Tenneco Inc)

Revolving Commitments. (a) Subject to the terms and conditions hereofhereof set forth herein, each Revolving Lender severally agrees to make revolving credit loans (“Revolving Loans”) in Dollars and in any Optional Currency Loans to the Borrower or any Subsidiary Borrower in Dollars from time to time during the Revolving Commitment Availability Period in an aggregate principal amount at any one time that will not result in (a) the aggregate outstanding which, when added to principal amount of such Lender’s Revolving Percentage of the sum of the Dollar Equivalent of Loans exceeding such Lender’s Revolving Commitment or (i) the L/C Obligations then outstanding and (iib) the aggregate principal amount of the Swingline Loans then outstanding, does not exceed the amount of such Lender’s Revolving Commitment. During the Revolving Commitment Period the Borrower and any Subsidiary Borrower may use the Revolving Commitments by borrowing, prepaying the all outstanding Revolving Loans in whole or in part, exceeding the total Revolving Commitments. Within the foregoing limits and reborrowing, all in accordance with subject to the terms and conditions hereofset forth herein, the Borrower may borrow, prepay and reborrow Revolving Loans. The Each Lender’s Revolving Commitment shall expire on the Revolving Commitment Termination Date and all Revolving Loans may from time to time be Eurocurrency Loans or ABR Loans, as determined by the Borrower or any Subsidiary Borrower and notified all other amounts owed hereunder with respect to the Administrative Agent in accordance with Sections 2.5 Revolving Loans and 2.12. ABR Loans the Revolving Commitments shall be denominated only paid in Dollarsfull no later than such date.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (LendingClub Corp)

Revolving Commitments. (a) Subject to the terms and conditions hereof, each Revolving Lender severally agrees to make revolving credit loans (“Revolving Loans”) in Dollars and in any Optional Currency to the Borrower or any Subsidiary Borrower from time to time during the Revolving Commitment Period in an aggregate principal amount at any one time outstanding which, when added to such Lender’s Revolving Percentage the aggregate undrawn amount of all outstanding Letters of Credit and the sum aggregate amount of the Dollar Equivalent of (i) the all L/C Obligations then outstanding and (ii) the aggregate principal amount Disbursements that have not yet been reimbursed or converted into Revolving Loans, incurred on behalf of the Swingline Loans then outstandingBorrower and owing to such Lender, does not exceed the amount of such Lender’s Revolving Commitment; provided that the Total Revolving Extensions of Credit shall in no event exceed the Total Revolving Commitment. During the Revolving Commitment Period Period, the Borrower and any Subsidiary Borrower may use the Revolving Commitments by borrowing, prepaying the Revolving Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. The Revolving Loans may from time to time be Eurocurrency Eurodollar Loans or ABR Loans, as determined by the Borrower or any Subsidiary Borrower and notified to the Administrative Agent in accordance with Sections 2.5 2.2 and 2.12. ABR Loans shall be denominated only in Dollars2.8.

Appears in 1 contract

Samples: Credit Agreement (Enernoc Inc)

Revolving Commitments. (a) Subject to the terms and conditions hereof, each Revolving Lender severally agrees to make revolving credit loans (each, a "Revolving Loan" and, collectively, the "Revolving Loans") in Dollars and in any Optional Currency to the Borrower or any Subsidiary Borrower from time to time during the Revolving Commitment Period in an aggregate principal amount with respect to all such Revolving Loans at any one time outstanding which, when added to such Lender’s the aggregate outstanding amount of Revolving Percentage Loans, Swingline Loans, the aggregate undrawn amount of all outstanding Letters of Credit and the sum aggregate amount of the Dollar Equivalent of (i) the all L/C Obligations then outstanding and (ii) the aggregate principal amount Disbursements that have not yet been reimbursed or converted into Revolving Loans, incurred on behalf of the Swingline Loans then outstandingBorrower and owing to such Lender, does not exceed the amount of such Lender’s 's Revolving Commitment. Such aggregate Obligations shall not exceed the Total Revolving Commitments at such time and any excess shall be repaid upon demand. During the Revolving Commitment Period the Borrower and any Subsidiary Borrower may use the Revolving Commitments by borrowing, prepaying the Revolving Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. The Revolving Loans may from time to time be Eurocurrency Eurodollar Loans or ABR Loans, as determined by the Borrower or any Subsidiary Borrower and notified to the Administrative Agent in accordance with Sections 2.5 2.2 and 2.12. ABR Loans shall be denominated only in Dollars2.8.

Appears in 1 contract

Samples: Credit Agreement (Perficient Inc)

Revolving Commitments. (a) Subject to the terms and conditions hereof, each Revolving Lender severally agrees to make revolving credit loans (“Revolving Loans”) to the Revolving Borrowers in Dollars and or in any Optional Currency to the Borrower one or any Subsidiary Borrower more Alternative Currencies from time to time on any Business Day during the Revolving Commitment Period in an aggregate principal amount at any one time outstanding which, when added to such Lender’s Revolving Percentage of the sum of the Dollar Equivalent of (i) the aggregate Outstanding Amount of L/C Obligations then outstanding at such time and (ii) the aggregate principal amount Outstanding Amount of the Swingline Loans then outstandingat such time, does not exceed the amount of such Lender’s Revolving Commitment. During the Revolving Commitment Period the Borrower and any Subsidiary Borrower Revolving Borrowers may use the Revolving Commitments by borrowing, repaying or prepaying the Revolving Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. The Revolving Loans (other than Revolving Loans denominated in Dollars or Sterling) may from time to time be Eurocurrency Loans or, with respect to Revolving Loans denominated in Dollars, Term SOFR Loans or ABR Loans, as determined by the Borrower or any Subsidiary applicable Revolving Borrower and notified to the Administrative Agent in accordance with Sections 2.5 and 2.12. ABR Revolving Loans denominated in Sterling shall be denominated only in DollarsSterling Daily Rate Loans.

Appears in 1 contract

Samples: Credit Agreement (CLARIVATE PLC)

Revolving Commitments. (a) Subject to the terms and conditions hereof, each Amended Revolving Lender severally agrees to make revolving credit loans (“Amended Revolving Loans”) in Dollars and in any Optional Currency to the Borrower or any Subsidiary Borrower from time to time during the Revolving Commitment Period in an aggregate principal amount at any one time outstanding which, when added to such Lender’s Amended Revolving Percentage of the sum of the Dollar Equivalent of (i) the Amended Revolving L/C Obligations then outstanding Exposure at such time and (ii) the aggregate principal amount of the Amended Swingline Loans then outstanding, does not exceed the amount of such Lender’s Amended Revolving Commitment. During the Revolving Commitment Period the Borrower and any Subsidiary Borrower may use the Amended Revolving Commitments by borrowing, prepaying the Amended Revolving Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. The Amended Revolving Loans may from time to time be Eurocurrency Eurodollar Loans or ABR Loans, as determined by the Borrower or any Subsidiary Borrower and notified to the Administrative Agent in accordance with Sections 2.5 and 2.12. ABR Loans shall be denominated only in Dollars.

Appears in 1 contract

Samples: Amendment Agreement (National Mentor Holdings, Inc.)

Revolving Commitments. (a) Subject to the terms and conditions hereof, each Revolving Lender severally agrees to make revolving credit loans (“Revolving Loans”) in Dollars and in any Optional Currency to the Borrower or any Subsidiary Borrower Borrowers from time to time during the Revolving Commitment Period in an aggregate principal amount at any one time outstanding which, when added (after giving effect to the use of proceeds thereof) to the sum of (i) such LenderXxxxxx’s Revolving Percentage of the sum of the Dollar Equivalent of (ix) the L/C Obligations then outstanding and (iiy) the aggregate principal amount of the Revolving Loans then outstanding and (ii) such Xxxxxx’s Swingline Loans Exposure then outstanding, does not exceed the amount of such LenderXxxxxx’s Revolving Commitment. During the Revolving Commitment Period the Borrower and any Subsidiary Borrower Borrowers may use the Revolving Commitments by borrowing, prepaying the Revolving Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. The Revolving Loans may from time to time be Eurocurrency Term Benchmark Loans or ABR Loans, as determined by the Borrower or any Subsidiary applicable Borrower and notified to the Administrative Agent in accordance with Sections 2.5 and 2.12. ABR Loans shall be denominated only in Dollars2.13.

Appears in 1 contract

Samples: Credit Agreement (Wolverine World Wide Inc /De/)

Revolving Commitments. (a) Subject to the terms and conditions hereof, each Revolving Lender severally agrees to make revolving credit loans (“Revolving Loans”) in Dollars and in any Optional Currency to the Borrower or any Subsidiary applicable Borrower from time to time during the Revolving Commitment Period in Dollars in an aggregate principal amount at any one time outstanding which, when added (after giving effect to any application of proceeds of such Lender’s Revolving Loans pursuant to Section 2.6) to the sum of (i) such Lendex’x Revolving Percentage of the sum of the Dollar Equivalent of (i) the L/C Obligations ObligationsExposure then outstanding and (ii) the aggregate principal amount of the such Lender’s Swingline Loans Exposure then outstanding, does not exceed the amount of such Lender’s Lendex’x Revolving Commitment. During the Revolving Commitment Period the Borrower and any Subsidiary Borrower Borrowers may use the Revolving Commitments by borrowing, prepaying the Revolving Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. The TheSubject to Section 2.16, the Revolving Loans may from time to time be Eurocurrency EurodollarTerm SOFR Loans or ABR Loans, as determined by the Borrower or any Subsidiary applicable Borrower and notified to the Administrative Agent in accordance with Sections 2.5 and 2.12. ABR Loans shall be denominated only in Dollars.

Appears in 1 contract

Samples: Credit Agreement (Ultra Clean Holdings, Inc.)

Revolving Commitments. (a) Subject to the terms and conditions hereof, each Revolving Lender with Initial Revolving Commitments severally agrees to make revolving credit loans (“Initial Revolving Loans”) in Dollars and in any Optional Currency to the Borrower or any Subsidiary Borrower from time to time during the Revolving Commitment Period for the Initial Revolving Commitments in an aggregate principal amount at any one time outstanding which, when added to such Lender’s Revolving Percentage of the sum of the Dollar Equivalent of (ix) the L/C Obligations then outstanding and (iiy) the aggregate principal amount of the Swingline Loans then outstanding, after giving effect to the making of such Initial Revolving Loans, does not exceed the amount of such Lender’s Initial Revolving Commitment. During the Revolving Commitment Period the Borrower and any Subsidiary Borrower may use the Revolving Commitments by borrowing, prepaying the Revolving Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. The Revolving Loans may from time to time be Eurocurrency Eurodollar Loans or ABR Loans, in each case, as determined by the Borrower or any Subsidiary Borrower and notified to the Administrative Agent in accordance with Sections 2.5 and 2.12. ABR Loans shall be denominated only in Dollars2.13.

Appears in 1 contract

Samples: Credit Agreement (Mavenir Private Holdings II Ltd.)

Revolving Commitments. (a) Subject to the terms and conditions hereof, each Revolving Lender severally agrees to make revolving credit loans (“Revolving Loans”) in Dollars and in any Optional Currency to the Borrower or any Subsidiary Borrower Borrowers from time to time during the Revolving Commitment Period in an aggregate principal amount at any one time outstanding which, when added (after giving effect to the use of proceeds thereof) to the sum of (i) such Lender’s Revolving Percentage of the sum of the Dollar Equivalent of (ix) the L/C Obligations then outstanding and (iiy) the aggregate principal amount of the Revolving Loans (including the Dollar Equivalent of Foreign Currency Loans) then outstanding and (ii) such Lender’s Swingline Loans Exposure then outstanding, does not exceed the amount of such Lender’s Revolving Commitment. During the Revolving Commitment Period the Borrower and any Subsidiary Borrower Borrowers may use the Revolving Commitments by borrowing, prepaying the Revolving Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. The Revolving Loans may from time to time be Eurocurrency Loans or ABR Loans, as determined by the Borrower or any Subsidiary applicable Borrower and notified to the Administrative Agent in accordance with Sections 2.5 and 2.12. ABR Loans shall be denominated only in Dollars2.13.

Appears in 1 contract

Samples: Credit Agreement (Wolverine World Wide Inc /De/)

Revolving Commitments. (a) Subject to the terms and conditions hereof, each Revolving Lender severally agrees to make revolving credit loans denominated in Dollars (“Revolving Loans”) in Dollars and in any Optional Currency to the Borrower or any Subsidiary Borrower US Borrowers from time to time during the Revolving Commitment Period in an aggregate principal amount at any one time outstanding which, when added to such Lender’s Revolving Percentage of the sum of the Dollar Equivalent of (i) the L/C Obligations then outstanding and outstanding, (ii) the aggregate principal amount of the Swingline Loans then outstanding, and (iii) the Dollar Equivalent of the aggregate principal amount of the Foreign Currency Loans and the UK Foreign Currency Loans then outstanding, does not exceed the amount of such Lender’s Available Revolving Commitment. During the Revolving Commitment Period Period, the Borrower and any Subsidiary Borrower US Borrowers may use the Revolving Commitments by borrowing, prepaying and reborrowing the Revolving Loans Loans, in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. The Revolving Loans may from time to time be Eurocurrency Loans or ABR Base Rate Loans, as determined by the Borrower or any Subsidiary Borrower applicable US Borrowers and notified to the Administrative Agent in accordance with Sections 2.5 2.2 and 2.12. ABR Loans shall be denominated only in Dollars4.3.

Appears in 1 contract

Samples: Secured Revolving Credit Agreement (Monster Worldwide Inc)

Revolving Commitments. (a) Subject to the terms and conditions hereof, each Revolving Lender severally agrees to make revolving credit loans (“Revolving Loans”"REVOLVING LOANS") in Dollars and in any Optional Currency to the Borrower or any Subsidiary Borrower from time to time during the Revolving Commitment Period in an aggregate principal amount at any one time outstanding which, when added to such Lender’s 's Revolving Percentage of the sum of the Dollar Equivalent of (i) the L/C Obligations then outstanding and (ii) the aggregate principal amount of the Swingline Loans then outstandingoutstanding (except to the extent that such Revolving Loans are to be applied to repay outstanding Swingline Loans), does not exceed the amount of such Lender’s 's Revolving Commitment. During the Revolving Commitment Period the Borrower and any Subsidiary Borrower may use the Revolving Commitments by borrowing, prepaying the Revolving Loans in whole or in part, and reborrowing, all in accordance with the terms and conditions hereof. The Revolving Loans may from time to time be Eurocurrency Eurodollar Loans or ABR Loans, as determined by the Borrower or any Subsidiary Borrower and notified to the Administrative Agent in accordance with Sections 2.5 2.2 and 2.12. ABR Loans shall be denominated only in Dollars2.9.

Appears in 1 contract

Samples: Credit Agreement (Montgomery Open Mri LLC)

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