Revolving Credit Commitments. Subject to the terms and conditions hereof, each Lender severally agrees to make a loan or loans (individually a “Revolving Loan” and collectively “Revolving Loans”) to the Borrower from time to time on a revolving basis in U.S. Dollars and Alternative Currencies in an aggregate outstanding Original Dollar Amount up to the amount of its Revolving Credit Commitment subject to any increases or reductions thereof pursuant to the terms hereof, before the Termination Date. The sum of the (i) aggregate Original Dollar Amount of Revolving Loans, (ii) the aggregate Original Dollar Amount of Swingline Loans, and (iii) the aggregate U.S. Dollar Equivalent of all L/C Obligations at any time outstanding shall not exceed the Revolving Credit Commitments in effect at such time. The sum of the aggregate Original Dollar Amount of all Revolving Loans denominated in an Alternative Currency other than Euros or Pounds Sterling at any time outstanding shall not exceed $200,000,000. Each Borrowing of Revolving Loans shall be made ratably from the Lenders in proportion to their respective Revolver Percentages. As provided in Section 1.6(a) hereof, the Borrower may elect that each Borrowing of Revolving Loans denominated in U.S. Dollars be either Domestic Rate Loans or Eurocurrency Loans. All Revolving Loans denominated in an Alternative Currency shall be Eurocurrency Loans. Revolving Loans may be repaid and the principal amount thereof reborrowed before the Termination Date, subject to all the terms and conditions hereof.
Appears in 3 contracts
Sources: Multicurrency Credit Agreement, Multicurrency Credit Agreement (Jones Lang Lasalle Inc), Credit Agreement (Jones Lang Lasalle Inc)
Revolving Credit Commitments. Subject to the terms and conditions hereof, each Lender Bank severally agrees to make a loan or loans (individually a “"Revolving Loan” " and collectively “"Revolving Loans”") to the Borrower from time to time on a revolving basis in U.S. Dollars and Alternative Currencies in an aggregate outstanding Original Dollar Amount up to the amount of its Revolving Credit Commitment subject to any increases or reductions thereof pursuant to the terms hereof, before the Revolving Credit Termination Date. The sum of the (i) aggregate Original Dollar Amount of Revolving Loans, (ii) the aggregate Original Dollar Amount of Swingline Loans, and (iii) the aggregate U.S. Dollar Equivalent of all L/C Obligations at any time outstanding shall not exceed the Revolving Credit Commitments in effect at such time. The sum of the aggregate Original Dollar Amount of all Revolving Loans denominated in an Alternative Currency other than Euros or Pounds Sterling at any time times outstanding shall not exceed $200,000,00075,000,000. Each Borrowing of Revolving Loans shall be made ratably from the Lenders Banks in proportion to their respective Revolver Percentages. As provided in Section 1.6(a1.7(a) hereof, the Borrower may elect that each Borrowing of Revolving Loans denominated in U.S. Dollars be either Domestic Rate Loans or Eurocurrency Loans. All Revolving Loans denominated in an Alternative Currency shall be Eurocurrency Loans. Revolving Loans may be repaid and the principal amount thereof reborrowed before the Revolving Credit Termination Date, subject to all the terms and conditions hereof.
Appears in 2 contracts
Sources: Multicurrency Credit Agreement (Jones Lang Lasalle Inc), Multicurrency Credit Agreement (Jones Lang Lasalle Inc)
Revolving Credit Commitments. Subject to the terms and conditions hereof, each Lender severally agrees to make a loan or loans (individually a “Revolving Loan” and collectively “Revolving Loans”) to the Borrower from time to time on a revolving basis in U.S. Dollars and Alternative Currencies in an aggregate outstanding Original Dollar Amount up to the amount of its Revolving Credit Commitment subject to any increases or reductions thereof pursuant to the terms hereof, before the Termination Date. The sum of the (i) aggregate Original Dollar Amount of Revolving Loans, (ii) the aggregate Original Dollar Amount of Swingline Loans, and (iii) the aggregate U.S. Dollar Equivalent of all L/C Obligations at any time outstanding shall not exceed the Revolving Credit Commitments in effect at such time. The sum of the aggregate Original Dollar Amount of all Revolving Loans denominated in an Alternative Currency other than Euros or Pounds Sterling at any time outstanding shall not exceed $200,000,000300,000,000. Each Borrowing of Revolving Loans shall be made ratably from the Lenders in proportion to their respective Revolver Percentages. As provided in Section 1.6(a) hereof, the Borrower may elect that each Borrowing of Revolving Loans denominated in U.S. Dollars be either Domestic Rate Loans or Eurocurrency Loans. All Revolving Loans denominated in an Alternative Currency shall be Eurocurrency Loans. Revolving Loans may be repaid and the principal amount thereof reborrowed before the Termination Date, subject to all the terms and conditions hereof.
Appears in 2 contracts
Sources: Credit Agreement (Jones Lang Lasalle Inc), Credit Agreement (Jones Lang Lasalle Inc)
Revolving Credit Commitments. Subject to the terms and conditions hereof, including satisfaction of conditions precedent in Section 7 hereof, each Lender Revolving Credit Lender, by its acceptance hereof, severally agrees to make a loan or loans (individually a “Revolving Loan” and collectively for all the Revolving Credit Lenders the “Revolving Loans”) to the Borrower from time to time on a revolving basis in U.S. Dollars and Alternative Currencies to the Borrowers, jointly and severally, from time to time, on a revolving basis in an aggregate outstanding Original Dollar Amount up to the amount of its such Revolving Credit Commitment Lender’s Revolving Credit Commitment, subject to any reductions or increases or reductions thereof pursuant to the terms hereof, before the Revolving Credit Termination Date. The sum of the (i) aggregate Original Dollar Amount of Revolving Loans, (ii) the aggregate Original Dollar Amount of Swingline Swing Loans, and (iii) the aggregate U.S. Dollar Equivalent of all L/C Obligations at any time outstanding shall not exceed the Revolving Credit Commitments in effect at such time. The sum of the aggregate Original Dollar Amount of all Revolving Loans denominated in an Alternative Currency other than Euros or Pounds Sterling at any time outstanding shall not exceed $200,000,000. Each Borrowing of Revolving Loans shall be made ratably from by the Revolving Credit Lenders in proportion to their respective Revolver Percentages. As provided in Section 1.6(a) hereof, the Borrower Borrowers may elect that each Borrowing of Revolving Loans denominated in U.S. Dollars be either Domestic Base Rate Loans or Eurocurrency Loans. All Revolving Loans denominated in an Alternative Currency shall be Eurocurrency Loans. Revolving Loans may be repaid and the principal amount thereof reborrowed before the Revolving Credit Termination Date, subject to all the terms and conditions hereof.
Appears in 2 contracts
Sources: Amendment Agreement (Boulder Brands, Inc.), Credit Agreement (Boulder Brands, Inc.)
Revolving Credit Commitments. Subject to the terms and conditions hereof, each Lender severally agrees to make a loan or loans (individually a “Revolving Loan” and collectively “Revolving Loans”) to the Borrower from time to time on a revolving basis in U.S. Dollars and Alternative Currencies in an aggregate outstanding Original Dollar Amount up to the amount of its Revolving Credit Commitment subject to any increases or reductions thereof pursuant to the terms hereof, before the Termination Date. The sum of the (i) aggregate Original Dollar Amount of Revolving Loans, (ii) the aggregate Original Dollar Amount of Swingline Loans, and (iii) the aggregate U.S. Dollar Equivalent of all L/C Obligations at any time outstanding shall not exceed the Revolving Credit Commitments in effect at such time. The sum of the aggregate Original Dollar Amount of all Revolving Loans denominated in an Alternative Currency other than Euros or Pounds Sterling at any time outstanding shall not exceed $200,000,000300,000,000. Each Borrowing of Revolving Loans shall be made ratably from the Lenders in proportion to their respective Revolver Percentages. As provided in Section 1.6(a) hereof, the Borrower may elect that each Borrowing of Revolving Loans denominated in (i) U.S. Dollars be either Domestic Rate Loans or RFR Loans, (ii) Australian Dollars, Canadian Dollars, or Euros be Eurocurrency Loans. All Revolving Loans denominated in an Alternative Currency shall , and (iii) Canadian Dollars, Sterling, Swiss Francs, or Yen be Eurocurrency RFR Loans. Revolving Loans may be repaid and the principal amount thereof reborrowed before the Termination Date, subject to all the terms and conditions hereof.
Appears in 1 contract
Revolving Credit Commitments. Subject Prior to the Termination Date, each Revolving Lender severally and not jointly agrees, subject to the terms and conditions hereof, each Lender severally agrees to make a loan or revolving loans (each individually a “Revolving Loan” and collectively and, collectively, the “Revolving Loans”) in U.S. Dollars and Alternative Currencies to the Borrower from time to time on a revolving basis in U.S. Dollars and Alternative Currencies in an aggregate outstanding Original Dollar Amount up to the amount of its such Revolving Lender’s Revolving Credit Commitment subject to any increases or reductions thereof pursuant to Commitment; provided, however, the terms hereof, before the Termination Date. The sum of the (i) aggregate Original Dollar Amount of Revolving Loans, (ii) the aggregate Original Dollar Amount principal amount of Swingline Loans, Swing Loans and (iii) the aggregate U.S. Dollar Equivalent principal amount of all L/C Obligations at any time outstanding shall not exceed the Total Revolving Credit Commitments in effect at such time. The sum of the aggregate Original Dollar Amount of all Revolving Loans denominated in an Alternative Currency other than Euros or Pounds Sterling at any time outstanding shall not exceed $200,000,000. Each Borrowing of Revolving Loans shall be made ratably from by the Revolving Lenders in proportion to their respective Revolver Percentages. As provided in Section 1.6(a) 2.4(a), and subject to the terms hereof, the Borrower may elect that each Borrowing of Revolving Loans denominated in U.S. Dollars be either Domestic Base Rate Loans or Eurocurrency Loans. All Revolving Loans denominated in an Alternative Currency shall be Eurocurrency Loans. Revolving Loans may be repaid and the principal amount thereof reborrowed before the Termination Date, subject to all the terms and conditions hereof.
Appears in 1 contract
Sources: Multicurrency Credit Agreement (Cleveland Cliffs Inc)
Revolving Credit Commitments. Subject to the terms and conditions hereof, each Lender Lender, by its acceptance hereof, severally agrees to make a loan or loans (individually a “Revolving Loan” and collectively the “Revolving Loans”) in U.S. Dollar and in Alternative Currencies to the Borrower from time to time on a revolving basis in U.S. Dollars and Alternative Currencies in an aggregate outstanding Original Dollar Amount up to the amount of its such Lender’s Revolving Credit Commitment Commitment, subject to any increases or reductions thereof pursuant to the terms hereof, before the Revolving Credit Termination Date. The sum of the (i) aggregate Original Dollar Amount of Revolving Loans, (ii) the aggregate Original Dollar Amount principal amount of Swingline Swing Loans, and (iii) the aggregate U.S. Dollar Equivalent of all L/C Obligations at any time outstanding shall not exceed the Revolving Credit Commitments in effect at such time. The sum of time and the aggregate Original Dollar Amount of all Revolving Loans denominated in an Alternative Currency other than Euros or Pounds Sterling at any time outstanding Currencies shall not exceed $200,000,00015,000,000. Each Borrowing of Revolving Loans shall be made ratably from by the Lenders in proportion to their respective Revolver Percentages. As provided in Section 1.6(a) hereof, the Borrower may elect that each Borrowing of Revolving Loans denominated in U.S. Dollars be either Domestic Base Rate Loans or Eurocurrency Loans. All Revolving Loans denominated in an Alternative Currency shall be Eurocurrency Loans. Revolving Loans may be repaid and the principal amount thereof reborrowed before the Revolving Credit Termination Date, subject to all the terms and conditions hereof.
Appears in 1 contract
Sources: Credit Agreement (Penford Corp)
Revolving Credit Commitments. Subject to the terms and conditions hereof, each Lender severally agrees to make a loan or loans (individually a “Revolving Loan” and collectively “Revolving Loans”) to the Borrower from time to time on a revolving basis in U.S. Dollars and Alternative Currencies in an aggregate outstanding Original Dollar Amount up to the amount of its Revolving Credit Commitment subject to any increases or reductions thereof pursuant to the terms hereof, before the Termination Date. The sum of the (i) aggregate Original Dollar Amount of Revolving Loans, (ii) the aggregate Original Dollar Amount of Swingline Loans, and (iii) the aggregate U.S. Dollar Equivalent of all L/C Obligations at any time outstanding shall not exceed the Revolving Credit Commitments in effect at such time. The sum of the aggregate Original Dollar Amount of all Revolving Loans denominated in an Alternative Currency other than Euros or Pounds Sterling at any time outstanding shall not exceed $200,000,000100,000,000. Each Borrowing of Revolving Loans shall be made ratably from the Lenders in proportion to their respective Revolver Percentages. As provided in Section 1.6(a) hereof, the Borrower may elect that each Borrowing of Revolving Loans denominated in U.S. Dollars be either Domestic Rate Loans or Eurocurrency Loans. All Revolving Loans denominated in an Alternative Currency shall be Eurocurrency Loans. Revolving Loans may be repaid and the principal amount thereof reborrowed before the Termination Date, subject to all the terms and conditions hereof.
Appears in 1 contract
Revolving Credit Commitments. Subject Prior to the Termination Date, each Lender severally and not jointly agrees, subject to the terms and conditions hereof, each Lender severally agrees to make a loan or revolving loans (each individually a “Revolving Loan” and collectively and, collectively, the “Revolving Loans”) in U.S. Dollars and Alternative Currencies to the Borrower from time to time on a revolving basis in U.S. Dollars and Alternative Currencies in an aggregate outstanding Original Dollar Amount up to the amount of its Revolving Credit Commitment subject to any increases or reductions thereof pursuant to such Lender’s Commitment; provided, however, the terms hereof, before the Termination Date. The sum of the (i) aggregate Original Dollar Amount of Revolving Loans, (ii) the aggregate Original Dollar Amount principal amount of Swingline Loans, Swing Loans and (iii) the aggregate U.S. Dollar Equivalent principal amount of all L/C Obligations at any time outstanding shall not exceed the Revolving Credit sum of all Commitments in effect at such time. The sum of the aggregate Original Dollar Amount of all Revolving Loans denominated in an Alternative Currency other than Euros or Pounds Sterling at any time outstanding shall not exceed $200,000,000. Each Borrowing of Revolving Loans shall be made ratably from by the Lenders in proportion to their respective Revolver Percentages. As provided in Section 1.6(a) 2.4(a), and subject to the terms hereof, the Borrower may elect that each Borrowing of Revolving Loans denominated in U.S. Dollars be either Domestic Base Rate Loans or Eurocurrency Loans. All Revolving Loans denominated in an Alternative Currency shall be Eurocurrency Loans. Revolving Loans may be repaid and the principal amount thereof reborrowed before the Termination Date, subject to all the terms and conditions hereof. Notwithstanding anything to the contrary contained herein, no Revolving Loans or other extensions of credit hereunder shall be made available to the Borrower in Alternative Currencies.
Appears in 1 contract
Revolving Credit Commitments. Subject to the terms and conditions hereof, each Lender severally agrees to make a loan or loans (individually a “Revolving Loan” and collectively “Revolving Loans”” ) to the Borrower from time to time on a revolving basis in U.S. Dollars and Alternative Currencies in an aggregate outstanding Original Dollar Amount up to the amount of its Revolving Credit Commitment subject to any increases or reductions thereof pursuant to the terms hereof, before the Termination Date. The sum of the (i) aggregate Original Dollar Amount of Revolving Loans, (ii) the aggregate Original Dollar Amount of Swingline Loans, and (iii) the aggregate U.S. Dollar Equivalent of all L/C Obligations at any time outstanding shall not exceed the Revolving Credit Commitments in effect at such time. The sum of the aggregate Original Dollar Amount of all Revolving Loans denominated in an Alternative Currency other than Euros or Pounds Sterling at any time outstanding shall not exceed $200,000,000300,000,000. Each Borrowing of Revolving Loans shall be made ratably from the Lenders in proportion to their respective Revolver Percentages. As provided in Section 1.6(a) hereof, the Borrower may elect that each Borrowing of Revolving Loans denominated in U.S. Dollars be either Domestic Rate Loans or Eurocurrency Loans. All Revolving Loans denominated in an Alternative Currency shall be Eurocurrency Loans. Revolving Loans may be repaid and the principal amount thereof reborrowed before the Termination Date, subject to all the terms and conditions hereof.
Appears in 1 contract
Revolving Credit Commitments. Subject to the terms and conditions hereof, each Lender Lender, by its acceptance hereof, severally agrees to make a loan or loans (individually a “"Revolving Loan” " and collectively “the "Revolving Loans”") in U.S. Dollars and Alternative Currencies to the Borrower from time to time on a revolving basis in U.S. Dollars and Alternative Currencies in an aggregate outstanding Original Dollar Amount up to the amount of its such Lender's Revolving Credit Commitment Commitment, subject to any increases or reductions thereof pursuant to the terms hereof, before the Revolving Credit Termination Date. The sum of the (i) aggregate Original Dollar Amount of Revolving Loans, (ii) the aggregate Original Dollar Amount of Swingline Swing Loans, and (iii) the aggregate U.S. Dollar Equivalent of all L/C Obligations at any time outstanding shall not exceed the Revolving Credit Commitments in effect at such time. The sum of the aggregate Original Dollar Amount of all Revolving Loans denominated in an Alternative Currency other than Euros or Pounds Sterling at any time outstanding shall not exceed $200,000,00025,000,000. Each Borrowing of Revolving Loans shall be made ratably from by the Lenders in proportion to their respective Revolver Percentages. As provided in Section 1.6(a1.5(a) hereof, the Borrower may elect that each Borrowing of Revolving Loans denominated in U.S. Dollars be either Domestic Base Rate Loans or Eurocurrency Loans. All Revolving Loans denominated in an Alternative Currency shall be Eurocurrency Loans. Revolving Loans may be repaid and the principal amount thereof reborrowed before the Revolving Credit Termination Date, subject to all the terms and conditions hereof.
Appears in 1 contract
Revolving Credit Commitments. Subject to the terms and conditions hereof, each Lender Lender, by its acceptance hereof, severally agrees to make a loan or loans (individually a “Revolving Loan” and collectively for all the Lenders, the “Revolving Loans”) in U.S. Dollars to the Borrower from time to time on a revolving basis in U.S. Dollars and Alternative Currencies in an aggregate outstanding Original Dollar Amount up to the amount of its such Lender’s Revolving Credit Commitment Commitment, subject to any increases or reductions thereof pursuant to the terms hereof, before the Revolving Credit Termination Date. The sum of the (i) aggregate Original Dollar Amount principal amount of Revolving Loans, (ii) the aggregate Original Dollar Amount of Swingline Loans, and (iii) the aggregate U.S. Dollar Equivalent of all L/C Obligations at any time outstanding shall not exceed the lesser of (i) the Revolving Credit Commitments of all Lenders in effect at such time. The sum of time and (ii) the aggregate Original Dollar Amount of all Revolving Loans denominated in an Alternative Currency other than Euros or Pounds Sterling at any time outstanding shall not exceed $200,000,000Availability as then determined and computed. Each Borrowing of Revolving Loans shall be made ratably from by the Lenders in proportion to their respective Revolver Percentages. As provided in Section 1.6(a) hereof2.6(a), the Borrower may elect that each Borrowing of Revolving Loans denominated in U.S. Dollars be either Domestic Base Rate Loans or Eurocurrency Loans. All Revolving Loans denominated in an Alternative Currency shall be Eurocurrency EurodollarSOFR Loans. Revolving Loans may be repaid and the principal amount thereof reborrowed before the Revolving Credit Termination Date, subject to all the terms and conditions hereof.
Appears in 1 contract
Revolving Credit Commitments. Subject Prior to the Termination Date, each Lender severally and not jointly agrees, subject to the terms and conditions hereof, each Lender severally agrees to make a loan or revolving loans (each individually a “Revolving Loan” and collectively and, collectively, the “Revolving Loans”) in U.S. Dollars and Alternative Currencies to the Borrower from time to time on a revolving basis in U.S. Dollars and Alternative Currencies in an aggregate outstanding Original Dollar Amount up to the amount of its Revolving Credit Commitment subject to any increases or reductions thereof pursuant to such Lender’s Commitment; provided, however, the terms hereof, before the Termination Date. The sum of the (i) aggregate Original Dollar Amount of Revolving Loans, (ii) the aggregate Original Dollar Amount principal amount of Swingline Loans, Swing Loans and (iii) the aggregate U.S. Dollar Equivalent principal amount of all L/C Obligations at any time outstanding shall not exceed the Revolving Credit sum of all Commitments in effect at such time. The sum of the aggregate Original Dollar Amount of all Revolving Loans denominated in an Alternative Currency other than Euros or Pounds Sterling at any time outstanding shall not exceed $200,000,000. Each Borrowing of Revolving Loans shall be made ratably from by the Lenders in proportion to their respective Revolver Percentages. As provided in Section 1.6(a) 2.4(a), and subject to the terms hereof, the Borrower may elect that each Borrowing of Revolving Loans denominated in U.S. Dollars be either Domestic Base Rate Loans or Eurocurrency Loans. All Revolving Loans denominated in an Alternative Currency shall be Eurocurrency Loans. Revolving Loans may be repaid and the principal amount thereof reborrowed before the Termination Date, subject to all the terms and conditions hereof.
Appears in 1 contract
Revolving Credit Commitments. Subject to the terms and conditions hereof, each Lender Lender, by its acceptance hereof, severally agrees to make a loan or loans (individually a “"Revolving Loan” " and collectively “the "Revolving Loans”") in U.S. Dollars and Alternative Currencies to the any Borrower from time to time on a revolving basis in U.S. Dollars and Alternative Currencies in an aggregate outstanding Original Dollar Amount up to the amount of its Revolving Credit Commitment such Lender's Commitment, subject to any increases or reductions thereof pursuant to the terms hereof, before the Termination Date. The sum of Neither the (i) aggregate Original Dollar Amount nor the U.S. Dollar Equivalent of the aggregate principal amount of Revolving Loans, (ii) the aggregate Original Dollar Amount of Swingline Loans, Swing Loans and (iii) the aggregate U.S. Dollar Equivalent of all L/C Obligations at any time outstanding shall not exceed the Revolving Credit Commitments in effect at such time. The sum of the aggregate Original Dollar Amount of all Revolving Loans denominated in an Alternative Currency other than Euros or Pounds Sterling at any time outstanding shall not exceed $200,000,000. Each Borrowing of Revolving Loans shall be made ratably from by the Lenders in proportion to their respective Revolver Percentages. As provided in Section 1.6(a1.5(a) hereof, RCI, on behalf of the Borrower applicable Borrower, may elect that each Borrowing of Revolving Loans denominated in U.S. Dollars be either Domestic Base Rate Loans or Eurocurrency Eurodollar Loans. All Revolving Loans denominated in an Alternative Currency shall be Eurocurrency Eurodollar Loans. Revolving Loans may be repaid and the principal amount thereof reborrowed before the Termination Date, subject to all the terms and conditions hereof.
Appears in 1 contract
Revolving Credit Commitments. Subject to the terms and conditions hereof, including, without limitation, satisfaction of conditions precedent in Section 7 hereof, each Lender Revolving Credit Lender, by its acceptance hereof, severally agrees to make a loan or loans (individually a “Revolving Loan” and collectively for all the Revolving Credit Lenders the “Revolving Loans”) in U.S. Dollars and Alternative Currencies to the Borrower Borrowers, jointly and severally, from time to time on a revolving basis in U.S. Dollars and Alternative Currencies in an aggregate outstanding Original Dollar Amount up to the amount of its such Revolving Credit Commitment Lender’s Revolving Credit Commitment, subject to any reductions or increases or reductions thereof pursuant to the terms hereof, before the Revolving Credit Termination Date. The sum of the (i) aggregate Original Dollar Amount of Revolving Loans, (ii) the aggregate Original Dollar Amount of Swingline Swing Loans, and (iii) the aggregate U.S. Dollar Equivalent of all L/C Obligations at any time outstanding shall not exceed the Revolving Credit Commitments in effect at such time. The sum of the aggregate Original Dollar Amount of all Revolving Loans denominated in an Alternative Currency other than Euros or Pounds Sterling at any time outstanding shall not exceed $200,000,000. Each Borrowing of Revolving Loans shall be made ratably from by the Revolving Credit Lenders in proportion to their respective Revolver Percentages. As provided in Section 1.6(a) hereof, the Borrower Borrowers may elect that each Borrowing of Revolving Loans denominated in U.S. Dollars be either Domestic Base Rate Loans or Eurocurrency Loans. All Revolving Loans denominated in an Alternative Currency shall be Eurocurrency Loans. Revolving Loans may be repaid and the principal amount thereof reborrowed before the Revolving Credit Termination Date, subject to all the terms and conditions hereof.
Appears in 1 contract
Revolving Credit Commitments. Subject (a) Prior to the Termination Date, each Lender severally and not jointly agrees, subject to the terms and conditions hereof, each Lender severally agrees to make a loan or revolving loans (each individually a “Revolving Loan” and collectively and, collectively, the “Revolving Loans”) in U.S. Dollars and Alternative Currencies to the Borrower from time to time on a revolving basis in U.S. Dollars and Alternative Currencies in an aggregate outstanding Original Dollar Amount up to the amount of its Revolving Credit Commitment subject to any increases or reductions thereof pursuant to such Lender’s Commitment; provided, however, the terms hereof, before the Termination Date. The sum of the (i) aggregate Original Dollar Amount of Revolving Loans, (ii) the aggregate Original Dollar Amount principal amount of Swingline Loans, Swing Loans and (iii) the aggregate U.S. Dollar Equivalent principal amount of all L/C Obligations at any time outstanding shall not exceed the Revolving Credit sum of all Commitments in effect at such time. The sum of the aggregate Original Dollar Amount of all Revolving Loans denominated in an Alternative Currency other than Euros or Pounds Sterling at any time outstanding shall not exceed $200,000,000. Each Borrowing of Revolving Loans shall be made ratably from by the Lenders in proportion to their respective Revolver Percentages. As provided in Section 1.6(a) 2.4(a), and subject to the terms hereof, the Borrower may elect that each Borrowing of Revolving Loans denominated in U.S. Dollars be either Domestic Base Rate Loans or Eurocurrency Loans. All Revolving Loans denominated in an Alternative Currency shall be Eurocurrency Loans. Revolving Loans may be repaid and the principal amount thereof reborrowed before the Termination Date, subject to all the terms and conditions hereof.
Appears in 1 contract
Sources: Multicurrency Credit Agreement (Cleveland Cliffs Inc)
Revolving Credit Commitments. Subject to the terms and conditions hereof, each Lender Lender, by its acceptance hereof, severally agrees to make a loan or loans (individually a “Revolving Loan” and collectively for all the Lenders the “Revolving Loans”) to the Borrower in U.S. Dollars or in one or more Alternative Currencies from time to time on a revolving basis in U.S. Dollars and Alternative Currencies in an aggregate outstanding Original Dollar Amount up to the amount of its such Lender’s Revolving Credit Commitment Commitment, subject to any increases or reductions thereof pursuant to the terms hereof, before the Revolving Credit Termination Date. The ; provided however, that (i) the sum of the (i) aggregate Original Dollar Amount of Total Revolving Loans, (ii) the aggregate Original Dollar Amount of Swingline Loans, and (iii) the aggregate U.S. Dollar Equivalent of all L/C Obligations at any time outstanding Outstandings shall not exceed the Revolving Credit Commitments in effect at such time. The sum of time and (ii) the aggregate Original Dollar Outstanding Amount of all Revolving Loans denominated in an Alternative Currency other than Euros or Pounds Sterling at any time outstanding Currencies shall not exceed $200,000,000the Alternative Currency Sublimit. Each Borrowing of Revolving Loans shall be made ratably from by the Lenders in proportion to their respective Revolver Percentages. As provided in Section 1.6(a1.5(a) hereof, the Borrower may elect that each Borrowing of Revolving Loans denominated in U.S. Dollars be either Domestic Base Rate Loans or Eurocurrency Loans. All ; provided that all Revolving Loans denominated in an Alternative Currency shall be Eurocurrency Loans. Revolving Loans may be repaid and the principal amount thereof reborrowed before the Revolving Credit Termination Date, subject to all the terms and conditions hereof.
Appears in 1 contract
Sources: Credit Agreement (CTS Corp)
Revolving Credit Commitments. Subject to the terms and conditions hereof, each Lender Lender, by its acceptance hereof, severally agrees to make a loan or loans (individually a “Revolving Loan” and collectively for all the Lenders, the “Revolving Loans”) in U.S. Dollars to the Borrower from time to time on a revolving basis in U.S. Dollars and Alternative Currencies in an aggregate outstanding Original Dollar Amount up to the amount of its such ▇▇▇▇▇▇’s Revolving Credit Commitment Commitment, subject to any increases or reductions thereof pursuant to the terms hereof, before the Revolving Credit Termination Date. The sum of the (i) aggregate Original Dollar Amount principal amount of Revolving Loans, (ii) the aggregate Original Dollar Amount of Swingline Loans, and (iii) the aggregate U.S. Dollar Equivalent of all L/C Obligations at any time outstanding shall not exceed the lesser of (i) the Revolving Credit Commitments of all Lenders in effect at such time. The sum of time and (ii) the aggregate Original Dollar Amount of all Revolving Loans denominated in an Alternative Currency other than Euros or Pounds Sterling at any time outstanding shall not exceed $200,000,000Availability as then determined and computed. Each Borrowing of Revolving Loans shall be made ratably from by the Lenders in proportion to their respective Revolver Percentages. As provided in Section 1.6(a) hereof2.6(a), the Borrower may elect that each Borrowing of Revolving Loans denominated in U.S. Dollars be either Domestic Base Rate Loans, Daily Simple SOFR Loans or Eurocurrency Loans. All Revolving Loans denominated in an Alternative Currency shall be Eurocurrency SOFR Loans. Revolving Loans may be repaid and the principal amount thereof reborrowed before the Revolving Credit Termination Date, subject to all the terms and conditions hereof.
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Revolving Credit Commitments. Subject to the terms and conditions hereof, each Lender Lender, by its acceptance hereof, severally agrees to make a loan or loans (individually a “Loan” or a “Revolving Loan” and collectively for all the Lenders the “Loans” or “Revolving Loans”) in U.S. Dollars to the Borrower from time to time on a revolving basis in U.S. Dollars and Alternative Currencies in an aggregate outstanding Original Dollar Amount up to the amount of its such Lender's Revolving Credit Commitment Commitment, subject to any increases or reductions thereof pursuant to the terms hereof, before the Revolving Credit Termination Date. The sum of the (i) aggregate Original Dollar Amount principal amount of Revolving Loans, (ii) the aggregate Original Dollar Amount of Swingline Loans, Loans and (iii) the aggregate U.S. Dollar Equivalent of all L/C Obligations at any time outstanding shall not exceed the lesser of (i) the Revolving Credit Commitments of all Lenders in effect at such time. The sum of time and (ii) the aggregate Original Dollar Amount of all Revolving Loans denominated in an Alternative Currency other than Euros or Pounds Sterling at any time outstanding shall not exceed $200,000,000Borrowing Base as then determined and computed. Each Borrowing of Revolving Loans shall be made ratably from by the Lenders in proportion to their respective Revolver Percentages. As provided in Section 1.6(a) hereof, the Borrower may elect that each Borrowing of Revolving Loans denominated in U.S. Dollars be either Domestic Base Rate Loans or Eurocurrency Loans. All Revolving Loans denominated in an Alternative Currency shall be Eurocurrency Eurodollar Loans. Revolving Loans may be repaid and the principal amount thereof reborrowed before the Revolving Credit Termination Date, subject to all the terms and conditions hereof.
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Sources: Credit Agreement (Whitestone REIT Operating Partnership, L.P.)
Revolving Credit Commitments. Subject to the terms and conditions hereof, each Lender severally agrees to make a loan or loans (individually a “Revolving Loan” and collectively “Revolving Loans”) to the Borrower from time to time on a revolving basis in U.S. Dollars and Alternative Currencies in an aggregate outstanding Original Dollar Amount up to the amount of its Revolving Credit Commitment subject to any increases or reductions thereof pursuant to the terms hereof, before the Termination Date. The sum of the (i) aggregate Original Dollar Amount of Revolving Loans, (ii) the aggregate Original Dollar Amount of Swingline Loans, and (iii) the aggregate U.S. Dollar Equivalent of all L/C Obligations at any time outstanding shall not exceed the Revolving Credit Commitments in effect at such time. The sum of the aggregate Original Dollar Amount of all Revolving Loans denominated in an Alternative Currency other than Euros or Pounds Sterling at any time outstanding shall not exceed $200,000,000300,000,000. Each Borrowing of Revolving Loans shall be made ratably from the Lenders in proportion to their respective Revolver Percentages. As provided in Section 1.6(a) hereof, the Borrower may elect that each Borrowing of Revolving Loans denominated in (i) U.S. Dollars be either Domestic Rate Loans or Eurocurrency EurocurrencyRFR Loans. All Revolving Loans denominated in an Alternative Currency shall shall, (ii) Australian Dollars, Canadian Dollars, or Euros be Eurocurrency Loans, and (iii) Sterling, Swiss Francs, or Yen be RFR Loans. Revolving Loans may be repaid and the principal amount thereof reborrowed before the Termination Date, subject to all the terms and conditions hereof.
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