Common use of Revolving Credit Borrowings Clause in Contracts

Revolving Credit Borrowings. Subject to the terms and conditions of this Agreement, each Revolving Credit Lender severally agrees to make one or more revolving credit loans (each such loan, a “Loan”) to Borrower from time to time from the Closing Date until the Maturity Date, provided that (a) the Revolving Credit Exposure of such Revolving Credit Lender shall not exceed such Revolving Credit Lender’s Commitment and (b) the Revolving Credit Exposure of all Revolving Credit Lenders shall not exceed the Aggregate Commitments. Subject to the foregoing limitations, and the other terms and provisions of this Agreement, Borrower may borrow, repay, and reborrow Loans hereunder.

Appears in 2 contracts

Samples: Credit Agreement (Granite Ridge Resources, Inc.), Credit Agreement (Granite Ridge Resources, Inc.)

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Revolving Credit Borrowings. Subject to the terms and conditions of this Agreement, each Revolving Credit Lender severally agrees to make one or more revolving credit loans (each such loan, a “Revolving Credit Loan”) to Borrower Borrowers from time to time from the Closing Date until the Maturity DateDate in an aggregate principal amount for such Lender at any time outstanding up to but not exceeding the amount of such Lender’s Commitment, provided that (a) the Revolving Credit Exposure of such Revolving Credit Lender shall not exceed such Revolving Credit Lender’s Commitment and (b) the Revolving Credit Exposure of all Revolving Credit Lenders shall not exceed the Aggregate CommitmentsLine Cap then in effect. Subject to the foregoing limitations, and the other terms and provisions of this Agreement, Borrower Borrowers may borrow, repay, and reborrow Revolving Credit Loans hereunder.

Appears in 1 contract

Samples: Credit Agreement (Natural Gas Services Group Inc)

Revolving Credit Borrowings. Subject to the terms and conditions of this Agreement, each Revolving Credit Lender severally agrees to make one (1) or more revolving credit loans (each such loan, a “Revolving Credit Loan”) to Borrower from time to time from the Closing Date until the Maturity DateDate in an aggregate principal amount for such Lender at any time outstanding up to but not exceeding the amount of such Xxxxxx’s Commitment, provided that (a) the Revolving Credit Exposure of such Revolving Credit Lender shall not exceed such Revolving Credit Lender’s Commitment and (b) the Revolving Credit Exposure of all Revolving Credit Lenders shall not exceed the Aggregate CommitmentsLine Cap. Subject to the foregoing limitations, and the other terms and provisions of this Agreement, Borrower may borrow, repay, and reborrow Revolving Credit Loans hereunder.

Appears in 1 contract

Samples: Credit Agreement (Pfsweb Inc)

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Revolving Credit Borrowings. Subject to the terms and conditions of this Agreement, each Revolving Credit Lender severally agrees to make one or more revolving credit loans (each such loan, a “Revolving Credit Loan”) to Borrower Borrowers from time to time from the Closing Date until the Maturity DateDate in an aggregate principal amount for such Lender at any time outstanding up to but not exceeding the amount of such Xxxxxx’s Commitment, provided that (a) the Revolving Credit Exposure of such Revolving Credit Lender shall not exceed such Revolving Credit Lender’s Commitment and (b) the Revolving Credit Exposure of all Revolving Credit Lenders shall not exceed the Aggregate CommitmentsLine Cap then in effect. Subject to the foregoing limitations, and the other terms and provisions of this Agreement, Borrower Borrowers may borrow, repay, and reborrow Revolving Credit Loans hereunder.

Appears in 1 contract

Samples: Credit Agreement (Natural Gas Services Group Inc)

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