Common use of Revolving Credit Facility Clause in Contracts

Revolving Credit Facility. The credit facility evidenced by this Credit Agreement is a revolving credit facility. Accordingly, the Borrower will, subject to compliance with the terms of this Credit Agreement, have the right during the Revolving Credit Period to reborrow any amounts repaid to the Lenders in accordance with the terms of this Credit Agreement.

Appears in 4 contracts

Samples: Credit Agreement (Textainer Group Holdings LTD), Credit Agreement (TAL International Group, Inc.), Credit Agreement (TAL International Group, Inc.)

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Revolving Credit Facility. The credit facility evidenced by this Credit Agreement is a revolving credit facility. Accordingly, the principal balance of any Credit Loan that has been repaid by the Borrower willmay, subject to compliance with the terms and conditions of this Credit Agreement, have be re-borrowed to (but excluding) the right during the Revolving Credit Period to reborrow any amounts repaid to the Lenders in accordance with the terms of this Credit AgreementConversion Date.

Appears in 3 contracts

Samples: Credit Agreement (CAI International, Inc.), Credit Agreement (SeaCube Container Leasing Ltd.), Credit Agreement (SeaCube Container Leasing Ltd.)

Revolving Credit Facility. The Prior to the Conversion Date, the credit facility evidenced by this Credit Agreement is a revolving credit facility. Accordingly, the Borrower will, subject to compliance with the terms of this Credit Agreement, have the right during the Revolving Credit Period to reborrow any amounts repaid to the Lenders in accordance with the terms of this Credit Agreement.

Appears in 3 contracts

Samples: Credit Agreement (Seacastle Inc.), Credit Agreement (SeaCube Container Leasing Ltd.), Credit Agreement (TAL International Group, Inc.)

Revolving Credit Facility. The credit facility evidenced by this Credit Agreement is a revolving credit facility. Accordingly, the Borrower will, subject to compliance with the terms of this Credit Agreement, have the right during the Revolving Credit Period to reborrow any amounts repaid to the Lenders in accordance with the terms of this Credit Agreement. Subsequent to the expiration or termination of the Revolving Credit Period, the credit facility evidenced by this Credit Agreement is a term facility and the Borrower will not be entitled to reborrow amounts repaid to the Lenders in accordance with this Credit Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Textainer Group Holdings LTD), Credit Agreement (Textainer Group Holdings LTD)

Revolving Credit Facility. The credit facility evidenced by this Credit Agreement is a revolving credit facility. Accordingly, the Borrower will, subject to compliance with the terms of this Credit Agreement, Agreement and prior to the occurrence of the Conversion Date have the right during the Revolving Credit Period to reborrow any amounts repaid to the Lenders in accordance with the terms of this Credit Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Interpool Inc), Credit Agreement (Interpool Inc)

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Revolving Credit Facility. The credit facility evidenced by this Credit Agreement is a revolving credit facility. Accordingly, the Borrower Borrowers will, subject to compliance with the terms of this Credit Agreement, have the right during the Revolving Credit Period to reborrow any amounts repaid to the Lenders in accordance with the terms of this Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (TAL International Group, Inc.)

Revolving Credit Facility. The credit facility evidenced by this Credit Loan Agreement is a revolving credit facility. Accordingly, the Borrower Borrowers will, subject to compliance with the terms of this Credit Loan Agreement, have the right during the Revolving Credit Period to reborrow any amounts repaid to the Lenders in accordance with the terms of this Credit Loan Agreement.

Appears in 1 contract

Samples: Credit Agreement (TAL International Group, Inc.)

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