Common use of Revolving Credit Loans Clause in Contracts

Revolving Credit Loans. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, each Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or from time to time on or after the date hereof to the Expiration Date; provided that after giving effect to each such Loan (i) the aggregate Dollar Equivalent amount of Revolving Credit Loans from such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments of the Lenders, (iii) no Revolving Credit Loan to which the Base Rate Option applies shall be made in an Optional Currency, and (iv) the aggregate Dollar Equivalent amount of Optional Currency Loans shall not exceed the Optional Currency Loan Sublimit. Within such limits of time and amount and subject to the other provisions of this Agreement, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1.

Appears in 3 contracts

Samples: Continuing Agreement (Ii-Vi Inc), Credit Agreement (Ii-Vi Inc), Credit Agreement (Ii-Vi Inc)

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Revolving Credit Loans. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forthof this Agreement, each Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or from time to time on or after from the date hereof to Closing Date through the Expiration DateRevolving Credit Termination Date as requested by the Borrower in accordance with the terms of Section 2.2; provided provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan (iany amount requested) the aggregate Dollar Equivalent amount of Revolving Credit Loans from such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments Commitment less the sum of (i) all outstanding L/C Obligations and (ii) the Lenders, aggregate principal amount of all Competitive Bid Loans then outstanding and (iiib) no the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender's Revolving Credit Commitment less such Lender's participations in outstanding L/C Obligations. Each Revolving Credit Loan to which the Base Rate Option applies by a Lender shall be made in an Optional Currency, and (iv) a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate Dollar Equivalent principal amount of Optional Currency Revolving Credit Loans shall not exceed the Optional Currency Loan Sublimitrequested on such occasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Revolving Credit Termination Date.

Appears in 3 contracts

Samples: Credit Agreement (Jones Apparel Group Inc), Credit Agreement (Jones Apparel Group Inc), Year Credit Agreement (Jones Apparel Group Inc)

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement, and relying in reliance upon the representations and warranties herein set forthforth herein, each Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or from time to time on or after from the date hereof to Closing Date through, but not including, the Expiration DateRevolving Credit Maturity Date as requested by the Borrower in accordance with the terms of Section 2.3; provided provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan any amount requested) shall not exceed the Revolving Credit Commitment less the Swingline Commitment less all L/C Obligations and (ib) the aggregate Dollar Equivalent principal amount of outstanding Revolving Credit Loans from such any Lender to the Borrower shall not at any time exceed such Lender’s Revolving Credit Commitment minus less such Lender’s Ratable Share Revolving Credit Commitment Percentage of outstanding L/C Obligations and less such Lender’s Revolving Credit Commitment Percentage of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments of the Lenders, (iii) no Swingline Commitment. Each Revolving Credit Loan to which the Base Rate Option applies by a Lender shall be made in an Optional Currency, and (iv) a principal amount equal to such Lender’s Revolving Credit Commitment Percentage of the aggregate Dollar Equivalent principal amount of Optional Currency Revolving Credit Loans shall not exceed the Optional Currency Loan Sublimitrequested on such occasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Revolving Credit Maturity Date.

Appears in 3 contracts

Samples: Credit Agreement (O Charleys Inc), Credit Agreement (O Charleys Inc), Credit Agreement (O Charleys Inc)

Revolving Credit Loans. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forthof this Agreement, each Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or from time to time on or after from the date hereof to Closing Date through the Expiration DateRevolving Credit Termination Date as requested by the Borrower in accordance with the terms of Section 2.2; provided provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan (iany amount requested) the aggregate Dollar Equivalent amount of Revolving Credit Loans from such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments Commitment less the sum of all outstanding L/C Obligations and (b) the Lenders, (iii) no principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender's Revolving Credit Commitment. Each Revolving Credit Loan to which the Base Rate Option applies by a Lender shall be made in an Optional Currency, and (iv) a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate Dollar Equivalent principal amount of Optional Currency Revolving Credit Loans shall not exceed the Optional Currency Loan Sublimitrequested on such occasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Revolving Credit Termination Date.

Appears in 3 contracts

Samples: Five Year Credit Agreement (Jones Apparel Group Inc), 364 Day Credit Agreement (Jones Apparel Group Inc), Credit Agreement (Jones Apparel Group Inc)

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement, and relying in reliance upon the representations and warranties herein set forthforth herein, each Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or from time to time on or after from the date hereof to Closing Date through, but not including, the Expiration DateRevolving Credit Maturity Date as requested by the Borrower in accordance with the terms of Section 2.3; provided provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan (iany amount requested) the aggregate Dollar Equivalent amount of Revolving Credit Loans from such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments Commitment less the Swingline Commitment less all L/C Obligations and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender's Revolving Credit Commitment less such Lender's Revolving Credit Commitment Percentage of outstanding L/C Obligations and less such Lender's Revolving Credit Commitment Percentage of the Lenders, (iii) no Swingline Commitment. Each Revolving Credit Loan to which the Base Rate Option applies by a Lender shall be made in an Optional Currency, and (iv) a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate Dollar Equivalent principal amount of Optional Currency Revolving Credit Loans shall not exceed the Optional Currency Loan Sublimitrequested on such occasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Revolving Credit Maturity Date.

Appears in 2 contracts

Samples: Credit Agreement (O Charleys Inc), Credit Agreement (O Charleys Inc)

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement and relying in reliance upon the representations and warranties herein set forthforth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or from time to time on or after from the date hereof to Closing Date through, but not including, the Expiration DateMaturity Date as requested by the Borrower in accordance with the terms of Section 2.3; provided provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan (iany amount requested) the aggregate Dollar Equivalent amount of Revolving Credit Loans from such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments Commitment less the sum of all outstanding Swingline Loans and L/C Obligations and (b) the Lenders, (iii) no principal amount of outstanding Revolving Credit Loans from any Revolving Credit Lender to the Borrower shall not at any time exceed such Revolving Credit Lender’s Revolving Credit Commitment less such Revolving Credit Lender’s Revolving Credit Commitment Percentage of outstanding L/C Obligations and outstanding Swingline Loans. Each Revolving Credit Loan to which the Base Rate Option applies by a Revolving Credit Lender shall be made in an Optional Currency, and (iv) a principal amount equal to such Revolving Credit Lender’s Revolving Credit Commitment Percentage of the aggregate Dollar Equivalent principal amount of Optional Currency Revolving Credit Loans shall not exceed the Optional Currency Loan Sublimitrequested on such occasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Maturity Date.

Appears in 2 contracts

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

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement, and relying in reliance upon the representations and warranties herein set forthforth herein, each Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or Borrowers from time to time on or after the date hereof to Closing Date to, but not including, the Expiration DateMaturity Date as requested by the Borrowers in accordance with the terms of Section 2.3; provided that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan any amount requested) shall not exceed (i) the aggregate Dollar Equivalent lesser of (x) the Revolving Credit Commitment and (y) the Borrowing Base Amount less (ii) the sum of all outstanding Swingline Loans and L/C Obligations and (b) the principal amount of outstanding Revolving Credit Loans from such any Lender to the Borrowers shall not at any time exceed such Lender’s Revolving Credit Commitment minus less such Lender’s Ratable Share Commitment Percentage of the outstanding Swing Loans L/C Obligations and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments of the Lenders, (iii) no outstanding Swingline Loans. Each Revolving Credit Loan to which the Base Rate Option applies by a Lender shall be made in an Optional Currency, and (iv) a principal amount equal to such Lender’s Commitment Percentage of the aggregate Dollar Equivalent principal amount of Optional Currency Revolving Credit Loans shall not exceed the Optional Currency Loan Sublimitrequested on such occasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower may Borrowers may, jointly and severally, borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Maturity Date.

Appears in 2 contracts

Samples: Credit Agreement (Broadview Networks Holdings Inc), Credit Agreement (Broadview Networks Holdings Inc)

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement, and relying in reliance upon the representations and warranties herein set forthforth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or Borrowers from time to time on or after from the date hereof to Closing Date through, but not including, the Expiration DateRevolving Credit Termination Date as requested by the Borrowers in accordance with the terms of Section 2.3; provided provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan any amount requested) shall not exceed the Revolving Credit Commitment less (i) the Swingline Sublimit Amount and (ii) the sum of all outstanding L/C Obligations and (b) the aggregate Dollar Equivalent principal amount of all outstanding Revolving Credit Loans from such any Lender to the Borrowers shall not at any time exceed such Lender’s Revolving Credit Commitment minus less (i) such Lender’s Ratable Share Revolving Credit Commitment Percentage of the outstanding Swing Loans and Letter L/C Obligations with respect to Letters of Credit Obligations, and (ii) the Revolving Facility Usage shall not exceed the such Lender’s Revolving Credit Commitments Commitment Percentage of the Lenders, (iii) no Swingline Sublimit Amount. Each Revolving Credit Loan to which the Base Rate Option applies by a Revolving Credit Lender shall be made in an Optional Currency, and (iv) a principal amount equal to such Lender’s Revolving Credit Commitment Percentage of the aggregate Dollar Equivalent principal amount of Optional Currency Revolving Credit Loans shall not exceed the Optional Currency Loan Sublimitrequested on such occasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower Borrowers may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Revolving Credit Termination Date.

Appears in 2 contracts

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

Revolving Credit Loans. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forthof this Agreement, each Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or from time to time on or after from the date hereof to Closing Date through the Expiration DateMaturity Date as requested by the Borrower in accordance with the terms of Section 2.3; provided provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan any amount requested) shall not exceed the Aggregate Commitment less (i) the Swingline Commitment and (ii) the sum of all outstanding L/C Obligations and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender's Commitment less such Lender's Commitment Percentage of outstanding L/C Obligations and the Swingline Commitment. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Commitment Percentage of the aggregate Dollar Equivalent principal amount of Revolving Credit Loans from requested on such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments of the Lenders, (iii) no Revolving Credit Loan to which the Base Rate Option applies shall be made in an Optional Currency, and (iv) the aggregate Dollar Equivalent amount of Optional Currency Loans shall not exceed the Optional Currency Loan Sublimitoccasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Maturity Date.

Appears in 2 contracts

Samples: Credit Agreement (Performance Food Group Co), Credit Agreement (Performance Food Group Co)

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement and relying in reliance upon the representations and warranties herein set forthforth herein, each Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or from time to time on or after from the date hereof to Closing Date through, but not including, the Expiration DateMaturity Date as requested by the Borrower in accordance with the terms of Section 2.3; provided provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan any amount requested) shall not exceed the Aggregate Commitment less the sum of all outstanding Swingline Loans and L/C Obligations and (ib) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender’s Commitment less such Lender’s Commitment Percentage of outstanding L/C Obligations and outstanding Swingline Loans. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender’s Commitment Percentage of the aggregate Dollar Equivalent principal amount of Revolving Credit Loans from requested on such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments of the Lenders, (iii) no Revolving Credit Loan to which the Base Rate Option applies shall be made in an Optional Currency, and (iv) the aggregate Dollar Equivalent amount of Optional Currency Loans shall not exceed the Optional Currency Loan Sublimitoccasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Maturity Date.

Appears in 2 contracts

Samples: Credit Agreement (Lmi Aerospace Inc), Credit Agreement (Lmi Aerospace Inc)

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement and relying the other Loan Documents, and in reliance upon the representations and warranties herein set forthforth herein, each Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Applicable Borrower at any time or in Permitted Currencies from time to time from the Closing Date through, but not including, the Revolving Maturity Date as requested by the U.S. Borrower, on or after behalf of the date hereof to Applicable Borrower, in accordance with the Expiration Dateterms of Section 2.3; provided provided, that after giving effect to each such Loan (ia) the Revolving Credit Outstandings shall not exceed the Revolving Credit Commitment, and (b) the aggregate Dollar Equivalent principal amount of outstanding Revolving Credit Loans from any Lender plus such Lender Lender’s Revolving Credit Commitment Percentage of outstanding L/C Obligations and outstanding Swingline Loans shall not at any time exceed such Lender’s Revolving Credit Commitment minus Commitment. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender’s Ratable Share Revolving Credit Commitment Percentage of the outstanding Swing Loans and Letter aggregate principal amount of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments of the Lenders, (iii) no Revolving Credit Loan to which the Base Rate Option applies shall be made in an Optional Currency, and (iv) the aggregate Dollar Equivalent amount of Optional Currency Loans shall not exceed the Optional Currency Loan Sublimitrequested on such occasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower Borrowers may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Revolving Maturity Date.

Appears in 2 contracts

Samples: Credit Agreement (Owens Corning), Credit Agreement (Owens Corning)

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement, and relying in reliance upon the representations and warranties herein set forthforth herein, each Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or from time to time on or after from the date hereof to Closing Date through, but not including, the Expiration DateRevolving Credit Maturity Date as requested by the Borrower in accordance with the terms of Section 2.3; provided provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan any amount requested) shall not exceed the Revolving Credit Commitment less the sum of all outstanding Swingline Loans and L/C Obligations and (ib) the aggregate Dollar Equivalent principal amount of outstanding Revolving Credit Loans from such any Lender to the Borrower shall not at any time exceed such Lender’s Revolving Credit Commitment minus less such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments Commitment Percentage of the Lenders, (iii) no outstanding L/C Obligations and outstanding Swingline Loans. Each Revolving Credit Loan to which the Base Rate Option applies by a Lender shall be made in an Optional Currency, and (iv) a principal amount equal to such Lender’s Revolving Credit Commitment Percentage of the aggregate Dollar Equivalent principal amount of Optional Currency Revolving Credit Loans shall not exceed the Optional Currency Loan Sublimitrequested on such occasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Revolving Credit Maturity Date.

Appears in 2 contracts

Samples: Credit Agreement (Tuesday Morning Corp/De), Credit Agreement (Tuesday Morning Corp/De)

Revolving Credit Loans. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, each Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or from time to time on or after the date hereof to the Expiration Date; , provided that that: (i) after giving effect to each such Loan (i) Loan, the aggregate Dollar Equivalent amount of Revolving Credit Loans from such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Revolving Credit Ratable Share of the outstanding Swing Loans and Letter Dollar Equivalent amount of Letters of Credit Obligations, Outstanding; (ii) the Revolving Facility Usage shall not exceed the aggregate Revolving Credit Commitments of the Lenders, Commitments; and (iii) no Revolving Credit Loan to which the Base Rate Option applies shall be made in an Optional Currency, and (iv) the aggregate Dollar Equivalent amount of Optional Currency Loans shall not exceed the Optional Currency Loan Sublimit. Within such limits of time and amount and subject to the other provisions of this Agreement, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1. The Borrower shall repay in full the outstanding principal amount of the Revolving Credit Loans, together with all accrued interest thereon and all fees and other amounts owing under any of the Loan Documents relating thereto on the Expiration Date or earlier termination of the Revolving Credit Commitments in connection with the terms hereof.

Appears in 2 contracts

Samples: Joinder and Assumption Agreement (Under Armour, Inc.), Credit Agreement (Under Armour, Inc.)

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement, and relying in reliance upon the representations and warranties herein set forthforth herein, each Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or from time to time on or after from the date hereof to Closing Date through, but not including, the Expiration DateMaturity Date as requested by the Borrower in accordance with the terms of Section 2.3; provided provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan any amount requested) shall not exceed the Aggregate Commitment less the sum of all outstanding Swingline Loans and L/C Obligations and (ib) the aggregate Dollar Equivalent principal amount of outstanding Revolving Credit Loans from such any Lender shall not at any time exceed such Lender’s Revolving Credit Commitment minus less such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments Commitment Percentage of the Lenders, (iii) no outstanding L/C Obligations and outstanding Swingline Loans. Each Revolving Credit Loan to which the Base Rate Option applies by a Lender shall be made in an Optional Currency, and (iv) a principal amount equal to such Lender’s Revolving Credit Commitment Percentage of the aggregate Dollar Equivalent principal amount of Optional Currency Revolving Credit Loans shall not exceed the Optional Currency Loan Sublimitrequested on such occasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Maturity Date.

Appears in 2 contracts

Samples: Credit Agreement (Family Dollar Stores Inc), Credit Agreement (Family Dollar Stores Inc)

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement, and relying in reliance upon the representations and warranties herein set forthforth herein, each Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the US Borrower at any time or in Dollars from time to time on or after from the date hereof to Closing Date through, but not including, the Expiration DateMaturity Date as requested by the US Borrower in accordance with the terms of Section 2.4; provided that that, based upon the Dollar Amount of all outstanding Loans and L/C Obligations, (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan any amount requested) shall not exceed the Aggregate Commitment less the sum of all outstanding Canadian Dollar Loans, Swingline Loans and L/C Obligations and (ib) the aggregate principal amount of all outstanding Revolving Credit Loans from any Lender to the US Borrower shall not at any time exceed such Lender’s Commitment less such Lender’s Commitment Percentage of all outstanding Canadian Dollar Equivalent Loans, Swingline Loans and L/C Obligations. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender’s Commitment Percentage of the aggregate principal amount of Revolving Credit Loans from requested on such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments of the Lenders, (iii) no Revolving Credit Loan to which the Base Rate Option applies shall be made in an Optional Currency, and (iv) the aggregate Dollar Equivalent amount of Optional Currency Loans shall not exceed the Optional Currency Loan Sublimitoccasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the US Borrower may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Maturity Date.

Appears in 2 contracts

Samples: Credit Agreement (SCP Pool Corp), Credit Agreement (SCP Pool Corp)

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement and relying the other Loan Documents, and in reliance upon the representations and warranties herein set forthforth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or Borrowers from time to time on or after from the date hereof to Closing Date through, but not including, the Expiration DateRevolving Credit Maturity Date as requested by the Borrower Agent in accordance with the terms of Section 2.3; provided provided, that after giving effect to each such Loan (ia) the Revolving Credit Outstandings shall not exceed the lesser of the Revolving Credit Commitment and the Borrowing Base and (b) the principal amount of outstanding Revolving Credit Loans from any Revolving Credit Lender plus such Revolving Credit Lender’s Revolving Credit Commitment Percentage of outstanding L/C Obligations and outstanding Swingline Loans shall not at any time exceed such Revolving Credit Lender’s Revolving Credit Commitment. Each Revolving Credit Loan by a Revolving Credit Lender shall be in a principal amount equal to such Revolving Lender’s Revolving Credit Commitment Percentage of the aggregate Dollar Equivalent principal amount of Revolving Credit Loans from requested on such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments of the Lenders, (iii) no Revolving Credit Loan to which the Base Rate Option applies shall be made in an Optional Currency, and (iv) the aggregate Dollar Equivalent amount of Optional Currency Loans shall not exceed the Optional Currency Loan Sublimitoccasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower Borrowers may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Revolving Credit Maturity Date.

Appears in 2 contracts

Samples: Credit Agreement (Alon Brands, Inc.), Credit Agreement (Alon USA Energy, Inc.)

Revolving Credit Loans. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forthof this Agreement, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in either Dollars or a Permitted Currency to one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to of the Borrower at any time or Borrowers from time to time on or after from the date hereof to Closing Date through, but not including, the Expiration DateMaturity Date as requested by the Company in accordance with the terms of Section 2.4; provided that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan any amount requested and the use thereof) shall not exceed an amount equal to the Aggregate Commitment less the sum of all outstanding Japanese Yen Loans, Swingline Loans and L/C Obligations and (ib) the principal amount of outstanding Revolving Credit Loans from any Revolving Credit Lender to the Borrowers shall not at any time exceed such Revolving Credit Lender’s Commitment less such Revolving Credit Lender’s L/C Obligations and Commitment Percentage of all outstanding Japanese Yen Loans and Swingline Loans. Each Revolving Credit Loan by a Revolving Credit Lender shall be in a principal amount equal to such Revolving Credit Lender’s Commitment Percentage of the aggregate Dollar Equivalent principal amount of Revolving Credit Loans from requested on such Lender shall not exceed such Lender’s occasion. Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments of the Lenders, (iii) no Revolving Credit Loan to which the Base Rate Option applies shall be made in an Optional Currency, and (iv) the aggregate Dollar Equivalent Alternative Currency shall be funded in an amount of Optional Currency Loans shall not exceed the Optional Currency Loan Sublimit. Within such limits of time and amount and subject equal to the other provisions Alternative Currency Amount of this Agreementsuch Revolving Credit Loan. Subject to the terms and conditions hereof, the Borrower Borrowers may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Maturity Date.

Appears in 2 contracts

Samples: Credit Agreement (BlackRock Inc.), Revolving Credit Agreement (BlackRock Inc.)

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement (including, without limitation, with respect to any BA Loan, Section 2.9), and relying in reliance upon the representations and warranties herein set forthforth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional any Permitted Currency Loans”) to the Borrower at any time or from time to time on or after from the date hereof to Closing Date through, but not including, the Expiration DateMaturity Date as requested by the Borrower in accordance with the terms of Section 2.5; provided provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans, after giving effect to each such Loan any amount requested, shall not exceed the Borrowing Limit and (ib) the aggregate Dollar Equivalent principal amount of outstanding Revolving Credit Loans from such any Lender shall not at any time exceed an amount equal to such Lender’s Revolving Credit Commitment minus less such Lender’s Ratable Share Revolving Credit Commitment Percentage of outstanding L/C Obligations less such Lender’s Commitment Percentage of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments of the Lenders, (iii) no Swingline Commitment. Each Revolving Credit Loan to which the Base Rate Option applies by a Revolving Credit Lender shall be made in an Optional Currency, and (iv) a principal amount equal to such Lender’s Revolving Credit Commitment Percentage of the aggregate Dollar Equivalent principal amount of Optional Revolving Credit Loans requested on such occasion in the Permitted Currency Loans shall not exceed requested by the Optional Currency Loan SublimitBorrower. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Maturity Date.

Appears in 2 contracts

Samples: Eleventh Amendment and Consent (AbitibiBowater Inc.), Eleventh Amendment and Consent (Bowater Inc)

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement and relying the other Loan Documents, and in reliance upon the representations and warranties herein set forthforth herein, each Lender severally agrees to make Revolving Credit Loans to the Borrower in either Dollars or one or more Optional Currencies (such Dollars, and each Lender with an Alternative Currency Revolving Credit Commitment severally agrees to make Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or in Alternative Currencies, in each case from time to time on or after from the date hereof to Closing Date through, but not including, the Expiration DateRevolving Maturity Date as requested by the Borrower in accordance with the terms of Section 2.3; provided provided, that after giving effect to each such Loan (ia) the Revolving Credit Outstandings shall not exceed the Revolving Credit Commitment, (b) the aggregate Dollar Equivalent principal amount of outstanding Revolving Credit Loans from any Lender plus such Lender Lender’s Revolving Credit Commitment Percentage of outstanding L/C Obligations and outstanding Swingline Loans shall not at any time exceed such Lender’s Revolving Credit Commitment minus Commitment, and (c) the aggregate principal amount of outstanding Alternative Currency Revolving Credit Loans from any Lender shall not at any time exceed such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Alternative Currency Revolving Credit Commitments of the Lenders, (iii) no Commitment. Each Revolving Credit Loan to which the Base Rate Option applies by a Lender shall be made in an Optional Currency, and (iv) a principal amount equal to such Lender’s applicable Revolving Credit Commitment Percentage of the aggregate Dollar Equivalent principal amount of Optional Currency Revolving Credit Loans shall not exceed the Optional Currency Loan Sublimitrequested on such occasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Revolving Maturity Date.

Appears in 2 contracts

Samples: Credit Agreement (Owens Corning), Credit Agreement (Owens Corning)

Revolving Credit Loans. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forthof this Agreement, each Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or Borrowers from time to time on or after from the date hereof to Closing Date through the Expiration DateTermination Date as requested by the Borrowers in accordance with the terms of Section 2.3; provided provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan any amount requested) shall not exceed the Aggregate Commitment less the sum of all outstanding Swingline Loans and L/C Obligations and (ib) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrowers shall not at any time exceed such Lender's Commitment less such Lender's Commitment Percentage of outstanding L/C Obligations and Swingline Loans (if any). Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Commitment Percentage of the aggregate Dollar Equivalent principal amount of Revolving Credit Loans from requested on such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments of the Lenders, (iii) no Revolving Credit Loan to which the Base Rate Option applies shall be made in an Optional Currency, and (iv) the aggregate Dollar Equivalent amount of Optional Currency Loans shall not exceed the Optional Currency Loan Sublimitoccasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower Borrowers may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Termination Date. The obligations of Borrowers under the Revolving Credit Loans are and shall be joint and several.

Appears in 2 contracts

Samples: Credit Agreement (JLG Industries Inc), Credit Agreement (Access Financial Solutions Inc)

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement, and relying in reliance upon the representations and warranties herein set forthforth herein, each Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or from time to time on or after from the date hereof to Closing Date through, but not including, the Expiration DateMaturity Date as requested by the Borrower in accordance with the terms of Section 2.3; provided provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan any amount requested) shall not exceed the Aggregate Commitment less the sum of all outstanding Swingline Loans and L/C Obligations and (ib) the aggregate Dollar Equivalent principal amount of outstanding Revolving Credit Loans from such any Lender shall not at any time exceed such Lender’s Revolving Credit Commitment minus less such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments Commitment Percentage of the Lenders, (iii) no outstanding L/C Obligations and outstanding Swingline Loans. Each Revolving Credit Loan to which the Base Rate Option applies by a Lender shall be made in an Optional Currency, and (iv) a principal amount equal to such Lender’s Revolving Credit Commitment Percentage of the aggregate Dollar Equivalent principal amount of Optional Currency Revolving Credit Loans shall not exceed the Optional Currency Loan Sublimitrequested on such occasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Maturity Date.

Appears in 2 contracts

Samples: Credit Agreement (Family Dollar Stores Inc), Credit Agreement (Family Dollar Stores Inc)

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement, and relying in reliance upon the representations and warranties herein set forthforth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or from time to time on or after from the date hereof to Closing Date through, but not including, the Expiration DateRevolving Credit Maturity Date as requested by the Borrower in accordance with the terms of Section 2.3; provided provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan any amount requested) shall not exceed the Aggregate Commitment less the sum of all outstanding Swingline Loans and L/C Obligations and (ib) the principal amount of outstanding Revolving Credit Loans from any Revolving Credit Lender to the Borrower shall not at any time exceed such Revolving Credit Lender's Commitment less such Revolving Credit Lender's Commitment Percentage of outstanding L/C Obligations and outstanding Swingline Loans. Each Revolving Credit Loan by a Revolving Credit Lender shall be in a principal amount equal to such Revolving Lender's Commitment Percentage of the aggregate Dollar Equivalent principal amount of Revolving Credit Loans from requested on such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments of the Lenders, (iii) no Revolving Credit Loan to which the Base Rate Option applies shall be made in an Optional Currency, and (iv) the aggregate Dollar Equivalent amount of Optional Currency Loans shall not exceed the Optional Currency Loan Sublimitoccasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Revolving Credit Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Restaurant Co of Minnesota)

Revolving Credit Loans. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, each Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or from time to time on or after the date hereof to the Expiration Date; Date provided that after giving effect to each such Loan (ia) the aggregate Dollar Equivalent amount of Revolving Credit Loans from such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the Letter of Credit Outstandings and its Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (iib) the Revolving Facility Usage shall not exceed the lesser of the Revolving Credit Commitments of and the Lenders, (iii) no Revolving Credit Loan to which the Borrowing Base Rate Option applies shall be made in an Optional Currency, and (iv) the aggregate Dollar Equivalent amount of Optional Currency Loans shall not exceed the Optional Currency Loan Sublimitat such time. Within such limits of time and amount and subject to the other provisions of this Agreement, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1. Revolving Credit Loans, as defined in and outstanding under the Prior Credit Agreement, are hereby deemed to be Revolving Credit Loans hereunder. The Borrower promises to repay the aggregate outstanding principal amount of the Revolving Credit Loans in full on the Expiration Date and to discharge and fulfill when required all other of the Obligations.

Appears in 1 contract

Samples: Credit Agreement (Hovnanian Enterprises Inc)

Revolving Credit Loans. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, each Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower Borrowers at any time or from time to time on or after the date hereof to the Expiration Date; provided that after giving effect to each such Loan (i) the aggregate Dollar Equivalent amount of Revolving Credit Loans from such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Dollar Equivalent amount of Letter of Credit ObligationsObligations and the outstanding Swing Loans, (ii) the aggregate Dollar Equivalent amount of Revolving Facility Usage shall not exceed the aggregate Revolving Credit Commitments of the Lenders, (iii) no Revolving Credit Loan to which the Base Rate Option applies shall be made in an Optional Currency, Currency and (iv) the aggregate Dollar Equivalent amount of Optional Currency Revolving Credit Loans made to Foreign Borrowers shall not exceed the Optional Currency Loan Sublimit. Within such limits of time and amount and subject to the other provisions of this Agreement, the Borrower Borrowers may borrow, repay and reborrow pursuant to this Section 2.1.

Appears in 1 contract

Samples: Credit Agreement (Foster L B Co)

Revolving Credit Loans. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower Borrowers at any time or from time to time on or after the date hereof Closing Date to the Expiration Date; provided that after giving effect to each such Loan (i) the aggregate Dollar Equivalent amount of Revolving Credit Loans from such Revolving Credit Lender shall not exceed such Revolving Credit Lender’s Revolving Credit Commitment minus such Revolving Credit Lender’s Ratable Share Applicable Revolving Credit Percentage of the principal amount of the then outstanding Swing Loans and such Revolving Credit Lender’s Applicable Revolving Credit Percentage of the Dollar Equivalent amount of Letter of Credit Obligations, Obligations and (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments of the Lenders, (iii) no Revolving Credit Loan to which the Base Rate Option applies shall be made in an Optional Currency, and (iv) the aggregate Dollar Equivalent amount of Optional Currency Loans shall not exceed the Optional Currency Loan SublimitCommitments. Within such limits of time and amount and subject to the other provisions of this Agreement, the Borrower Borrowers may borrow, repay and reborrow pursuant to this Section 2.1. The Borrowers shall repay in full the outstanding principal amount of the Revolving Credit Loans, together with all accrued interest thereon and all fees and other amounts owing under any of the Loan Documents related thereto, on the Expiration Date or earlier termination of the Revolving Credit Commitments in connection with the terms hereof.

Appears in 1 contract

Samples: Master Lease Agreement (Gsi Commerce Inc)

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement and relying the other Loan Documents, and in reliance upon the representations and warranties herein set forthforth in this Agreement and the other Loan Documents, each Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Cayman Borrower at any time or and/or the Parent Borrower in Dollars from time to time on or after from the date hereof to Closing Date through, but not including, the Expiration DateRevolving Credit Maturity Date as requested by the Borrower Agent in accordance with the terms of Section 2.3; provided provided, that after giving effect to each such Loan (ia) the aggregate Dollar Equivalent amount of Revolving Credit Loans from such Outstandings shall not exceed the Revolving Credit Commitment of all the Lenders, (b) the Revolving Credit Exposure of any Lender shall not at any time exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (iic) the Revolving Facility Usage Credit Outstandings with respect to the Parent Borrower shall not exceed the Revolving Credit Commitments of the Lenders, (iii) no Parent Borrower Sublimit. Each Revolving Credit Loan to which the Base Rate Option applies by a Lender shall be made in an Optional Currency, and (iv) a principal amount equal to such Lender’s Revolving Credit Commitment Percentage of the aggregate Dollar Equivalent principal amount of Optional Currency Revolving Credit Loans shall not exceed the Optional Currency Loan Sublimitrequested on such occasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Cayman Borrower and the Parent Borrower may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Revolving Credit Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Ubiquiti Networks, Inc.)

Revolving Credit Loans. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forthof this Agreement, each Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or Borrowers from time to time on or after from the date hereof to Closing Date through the Expiration DateRevolving Credit Termination Date as requested by any Borrower in accordance with the terms of SECTION 2.3; provided PROVIDED, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan (iany amount requested) the aggregate Dollar Equivalent amount of Revolving Credit Loans from such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments Commitment LESS the sum of all outstanding Swingline Loans and L/C Obligations and (b) the Lenders, (iii) no principal amount of outstanding Revolving Credit Loans from any Lender to the Borrowers shall not at any time exceed such Lender's Revolving Credit Commitment LESS such Lender's Revolving Credit Commitment Percentage of outstanding L/C Obligations. Each Revolving Credit Loan to which the Base Rate Option applies by a Lender shall be made in an Optional Currency, and (iv) a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate Dollar Equivalent principal amount of Optional Currency Revolving Credit Loans shall not exceed the Optional Currency Loan Sublimitrequested on such occasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower Borrowers may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Revolving Credit Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Condor Technology Solutions Inc)

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement and relying the other Loan Documents, and in reliance upon the representations and warranties herein set forthforth in this Agreement and the other Loan Documents, each Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or from time to time on or after from the date hereof to Closing Date through, but not including, the Expiration DateMaturity Date as requested by the Borrower in accordance with the terms of Section 2.3; provided that after giving effect to each such Loan (ia) the aggregate Dollar Equivalent amount of Revolving Credit Loans from such Outstandings shall not at any time exceed the Revolving Credit Commitment, (b) the Revolving Credit Exposure of any Lender shall not at any time exceed such Lender’s Revolving Credit Commitment minus and (c) so long as any Lender is a Defaulting Lender, the Revolving Credit Commitment shall be reduced by the amount of such Defaulting Lender’s participation in L/C Obligations and Swingline Loans. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender’s Ratable Share Commitment Percentage of the outstanding Swing Loans and Letter aggregate principal amount of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments of the Lenders, (iii) no Revolving Credit Loan to which the Base Rate Option applies shall be made in an Optional Currency, and (iv) the aggregate Dollar Equivalent amount of Optional Currency Loans shall not exceed the Optional Currency Loan Sublimitrequested on such occasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (SolarWinds, Inc.)

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement, and relying in reliance upon the representations and warranties herein set forthforth herein, each Lender with a Revolving Credit Commitment severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or from time to time on or after from the date hereof to Closing Date through, but not including, the Expiration DateRevolving Credit Maturity Date as requested by the Borrower in accordance with the terms of Section 2.3; provided provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan (iany amount requested) the aggregate Dollar Equivalent amount of Revolving Credit Loans from such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments Commitment less the sum of all outstanding Swingline Loans and L/C Obligations and (b) the Lenders, (iii) no principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender's Revolving Credit Commitment less such Lender's Revolving Credit Commitment Percentage of outstanding L/C Obligations and outstanding Swingline Loans. Each Revolving Credit Loan to which the Base Rate Option applies by a Lender shall be made in an Optional Currency, and (iv) a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate Dollar Equivalent principal amount of Optional Currency Revolving Credit Loans shall not exceed the Optional Currency Loan Sublimitrequested on such occasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Revolving Credit Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Jack in the Box Inc /New/)

Revolving Credit Loans. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth---------------------- of this Agreement, each Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or Borrowers from time to time on or after from the date hereof to Closing Date through the Expiration DateRevolving Credit Termination Date as requested by the Borrowers in accordance with the terms of Section 2.3; provided provided, that (a) the aggregate principal amount of all -------- outstanding Revolving Credit Loans (after giving effect to each such Loan any amount requested) shall not exceed the lesser of (i) the Borrowing Base less the sum of all L/C ---- Obligations, all outstanding Swingline Loans and all outstanding Term Loans and (ii) the Revolving Credit Commitment less the sum of all L/C Obligations, all ---- outstanding Swingline Loans and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrowers shall not at any time exceed such Lender's Revolving Credit Commitment less such Lender's Revolving ---- Credit Commitment Percentage of the sum of all outstanding L/C Obligations and all outstanding Swingline Loans. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate Dollar Equivalent principal amount of Revolving Credit Loans from requested on such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments of the Lenders, (iii) no Revolving Credit Loan to which the Base Rate Option applies shall be made in an Optional Currency, and (iv) the aggregate Dollar Equivalent amount of Optional Currency Loans shall not exceed the Optional Currency Loan Sublimitoccasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower Borrowers may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Revolving Credit Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Choice One Communications Inc)

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement, and relying in reliance upon the representations and warranties herein set forthforth herein, each Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or from time to time on or after from the date hereof to Closing Date through, but not including, the Expiration DateRevolving Credit Termination Date as requested by the Borrower, in accordance with the terms of Section 2.4; provided that provided, that, based upon the Dollar Amount of all outstanding Loans and L/C Obligations, (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan any amount requested) shall not exceed the Aggregate Commitment less the sum of all outstanding Swingline Loans, Alternative Currency Loans and L/C Obligations and (ib) the aggregate Dollar Equivalent principal amount of all outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender's Commitment less such Lender's Commitment Percentage of the sum of all outstanding Swingline Loans, Alternative Currency Loans and L/C Obligations. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Commitment Percentage of the aggregate principal amount of Revolving Credit Loans from requested on such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments of the Lenders, (iii) no Revolving Credit Loan to which the Base Rate Option applies shall be made in an Optional Currency, and (iv) the aggregate Dollar Equivalent amount of Optional Currency Loans shall not exceed the Optional Currency Loan Sublimitoccasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Revolving Credit Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Compx International Inc)

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement, and relying in reliance upon the representations and warranties herein set forthforth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or from time to time on or after from the date hereof to Closing Date through, but not including, the Expiration DateRevolving Credit Maturity Date as requested by the Borrower in accordance with the terms of Section 2.3; provided provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan (iany amount requested) the aggregate Dollar Equivalent amount of Revolving Credit Loans from such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments Commitment less the sum of all outstanding Swingline Loans and L/C Obligations and (b) the Lenders, (iii) no principal amount of outstanding Revolving Credit Loans from any Revolving Credit Lender to the Borrower shall not at any time exceed such Revolving Credit Lender's Revolving Credit Commitment less such Revolving Credit Lender's Revolving Credit Commitment Percentage of outstanding L/C Obligations and outstanding Swingline Loans. Each Revolving Credit Loan to which the Base Rate Option applies by a Revolving Credit Lender shall be made in an Optional Currency, and (iv) a principal amount equal to such Revolving Credit Lender's Revolving Credit Commitment Percentage of the aggregate Dollar Equivalent principal amount of Optional Currency Revolving Credit Loans shall not exceed the Optional Currency Loan Sublimitrequested on such occasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Revolving Credit Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Corrections Corp of America)

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement and relying the other Loan Documents, and in reliance upon the representations and warranties set forth herein set forthand therein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or from time to time on or after from the date hereof to Closing Date through, but not including, the Expiration DateRevolving Credit Maturity Date as requested by the Borrower in accordance with the terms of Section 2.3; provided provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan any amount requested) shall not exceed the Revolving Credit Commitment less the sum of all outstanding Swingline Loans and L/C Obligations, (ib) the aggregate Dollar Equivalent principal amount of outstanding Revolving Credit Loans from such any Revolving Credit Lender to the Borrower shall not at any time exceed such Lender’s Revolving Credit Commitment minus less such Lender’s Ratable Share Revolving Credit Commitment Percentage of the outstanding Swing L/C Obligations and outstanding Swingline Loans and Letter (c) no more than $500,000,000 of Revolving Credit Loans, Letters of Credit Obligations, (ii) and Swingline Loans may be outstanding on the Revolving Facility Usage shall not exceed the Revolving Credit Commitments of the Lenders, (iii) no SecondThird Amendment Effective Date. Each Revolving Credit Loan to which the Base Rate Option applies made by a Lender shall be made in an Optional Currency, and (iv) a principal amount equal to such Lender’s Revolving Credit Commitment Percentage of the aggregate Dollar Equivalent principal amount of Optional Currency Revolving Credit Loans shall not exceed the Optional Currency Loan Sublimitrequested on such occasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Revolving Credit Maturity Date.

Appears in 1 contract

Samples: Third Amendment (Jack in the Box Inc /New/)

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement, and relying in reliance upon the representations and warranties herein set forthforth herein, each Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or in Dollars from time to time on or after from the date hereof to Closing Date through, but not including, the Expiration DateRevolving Credit Maturity Date as requested by the Borrower in accordance with the terms of Section 2.4; provided that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan any amount requested and any prepayments) shall not exceed the Aggregate Commitment less the sum of all outstanding Swingline Loans and L/C Obligations and (ib) the aggregate Dollar Equivalent principal amount of all outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender’s Commitment less such Lender’s Commitment Percentage of the aggregate principal amount of all outstanding Swingline Loans and L/C Obligations. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender’s Commitment Percentage of the aggregate principal amount of Revolving Credit Loans from requested on such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments of the Lenders, (iii) no Revolving Credit Loan to which the Base Rate Option applies shall be made in an Optional Currency, and (iv) the aggregate Dollar Equivalent amount of Optional Currency Loans shall not exceed the Optional Currency Loan Sublimitoccasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Revolving Credit Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Ikon Office Solutions Inc)

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement, and relying in reliance upon the representations and warranties herein set forthforth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the US Borrower at any time or in Dollars from time to time on or after from the date hereof to Closing Date through, but not including, the Expiration DateRevolving Credit Maturity Date as requested by the US Borrower in accordance with the terms of Section 2.4; provided that that, based upon the Dollar Amount of all outstanding Loans and L/C Obligations, (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan (iany amount requested) the aggregate Dollar Equivalent amount of Revolving Credit Loans from such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments Commitment less the sum of all outstanding Canadian Dollar Loans, Swingline Loans and L/C Obligations and (b) the Lendersaggregate principal amount of all outstanding Revolving Credit Loans from any Revolving Credit Lender to the US Borrower shall not at any time exceed such Revolving Credit Lender’s Revolving Credit Commitment less such Revolving Credit Lender’s Revolving Credit Commitment Percentage of all outstanding Canadian Dollar Loans, (iii) no Swingline Loans and L/C Obligations. Each Revolving Credit Loan to which the Base Rate Option applies by a Revolving Credit Lender shall be made in an Optional Currency, and (iv) a principal amount equal to such Revolving Credit Lender’s Revolving Credit Commitment Percentage of the aggregate Dollar Equivalent principal amount of Optional Currency Revolving Credit Loans shall not exceed the Optional Currency Loan Sublimitrequested on such occasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the US Borrower may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Revolving Credit Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Pool Corp)

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement, and relying in reliance upon the representations and warranties herein set forthforth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or from time to time on or after from the date hereof to Closing Date through, but not including, the Expiration DateRevolving Credit Maturity Date as requested by the Borrower in accordance with the terms of Section 2.2; provided provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan (iany amount requested) the aggregate Dollar Equivalent amount of Revolving Credit Loans from such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments Commitment less the sum of all outstanding L/C Obligations and (b) the Lenders, (iii) no principal amount of outstanding Revolving Credit Loans from any Revolving Credit Lender to the Borrower shall not at any time exceed such Revolving Credit Lender's Revolving Credit Commitment less such Revolving Credit Lender's Revolving Credit Commitment Percentage of outstanding L/C Obligations. Each Revolving Credit Loan to which the Base Rate Option applies by a Revolving Credit Lender shall be made in an Optional Currency, and (iv) a principal amount equal to such Revolving Lender's Revolving Credit Commitment Percentage of the aggregate Dollar Equivalent principal amount of Optional Currency Revolving Credit Loans shall not exceed the Optional Currency Loan Sublimitrequested on such occasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1.Revolving Credit Loans hereunder until the Revolving Credit Maturity Date. SECTION 2.2

Appears in 1 contract

Samples: Credit Agreement (Digital Generation Systems Inc)

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement (including, without limitation, Section 10.6(c)), and relying in reliance upon the representations and warranties herein set forthforth herein, each Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or from time to time on or after from the date hereof to Closing Date through, but not including, the Expiration DateMaturity Date as requested by the Borrower in accordance with the terms of Section 2.3; provided provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan any amount requested) shall not exceed the Aggregate Commitment less the sum of all outstanding Swingline Loans and L/C Obligations and (ib) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender's Commitment less such Lender's Commitment Percentage of outstanding L/C Obligations and outstanding Swingline Loans. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Commitment Percentage of the aggregate Dollar Equivalent principal amount of Revolving Credit Loans from requested on such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments of the Lenders, (iii) no Revolving Credit Loan to which the Base Rate Option applies shall be made in an Optional Currency, and (iv) the aggregate Dollar Equivalent amount of Optional Currency Loans shall not exceed the Optional Currency Loan Sublimitoccasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Blackbaud Inc)

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement, and relying in reliance upon the representations and warranties herein set forthforth herein, each Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or from time to time on or after from the date hereof to Closing Date through, but not including, the Expiration DateRevolving Credit Termination Date as requested by the Borrower, in accordance with the terms of Section 2.4; provided that provided, that, based upon the Dollar Amount of all outstanding Loans and L/C Obligations, (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan any amount requested) shall not exceed the Aggregate Commitment less the sum of all outstanding Swingline Loans, Alternative Currency Loans and L/C Obligations and (ib) the aggregate Dollar Equivalent principal amount of all outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender’s Commitment less such Lender’s Commitment Percentage of the sum of all outstanding Swingline Loans, Alternative Currency Loans and L/C Obligations. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender’s Commitment Percentage of the aggregate principal amount of Revolving Credit Loans from requested on such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments of the Lenders, (iii) no Revolving Credit Loan to which the Base Rate Option applies shall be made in an Optional Currency, and (iv) the aggregate Dollar Equivalent amount of Optional Currency Loans shall not exceed the Optional Currency Loan Sublimitoccasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Revolving Credit Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Compx International Inc)

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement, and relying in reliance upon the representations and warranties herein set forthforth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans denominated in either Dollars or one or more Optional Currencies (such to the U.S. Borrower and Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional the Alternative Currency Loans”) to the Borrower at any time or Belgian Borrower, in each case from time to time on or after from the date hereof to Closing Date to, but not including, the Expiration DateRevolving Credit Maturity Date as requested by the applicable Borrower in accordance with the terms of Section 2.3; provided provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan (iany amount requested) the aggregate Dollar Equivalent amount of Revolving Credit Loans from such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments Commitment less the sum of all outstanding Swingline Loans and (b) the Lenders, (iii) no principal amount of outstanding Revolving Credit Loans from any Revolving Credit Lender shall not at any time exceed such Revolving Credit Lender’s Revolving Credit Commitment less such Revolving Credit Lender’s Revolving Credit Commitment Percentage of outstanding Swingline Loans. Each Revolving Credit Loan by a Revolving Credit Lender shall be in a principal amount equal to which such Revolving Lender’s Revolving Credit Commitment Percentage of the Base Rate Option applies shall aggregate principal amount of Revolving Credit Loans requested on such occasion in the applicable requested Permitted Currency. Revolving Credit Loans to be made in an Optional Currency, and (iv) the aggregate Dollar Equivalent Alternative Currency shall be funded in an amount of Optional Currency Loans shall not exceed the Optional Currency Loan Sublimit. Within such limits of time and amount and subject equal to the other provisions Alternative Currency Amount of this Agreementsuch Revolving Credit Loan. Subject to the terms and conditions hereof, the Borrower Borrowers may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Revolving Credit Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Tekelec)

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement, and relying in reliance upon the representations and warranties herein set forthforth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or from time to time on or after from the date hereof to Closing Date through, but not including, the Expiration DateRevolving Credit Maturity Date as requested by the Borrower in accordance with the terms of Section 2.2; provided provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan any amount requested) shall not exceed the Revolving Credit Commitment less the sum of all outstanding L/C Obligations and (ib) the aggregate Dollar Equivalent principal amount of outstanding Revolving Credit Loans from such any Revolving Credit Lender to the Borrower shall not at any time exceed such Lender’s Revolving Credit Commitment minus less such Lender’s Ratable Share Revolving Credit Commitment Percentage of the outstanding Swing Loans and Letter of Credit L/C Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments of the Lenders, (iii) no . Each Revolving Credit Loan to which the Base Rate Option applies by a Revolving Credit Lender shall be made in an Optional Currency, and (iv) a principal amount equal to such Lender’s Revolving Credit Commitment Percentage of the aggregate Dollar Equivalent principal amount of Optional Currency Revolving Credit Loans shall not exceed the Optional Currency Loan Sublimitrequested on such occasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Revolving Credit Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Hickory Tech Corp)

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement, and relying in reliance upon the representations and warranties herein set forthforth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or from time to time on or after from the date hereof to Closing Date through, but not including, the Expiration DateRevolving Credit Maturity Date as requested by the Borrower in accordance with the terms of Section 2.3; provided provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan any amount requested) shall not exceed the Revolving Credit Commitment less the sum of all outstanding Swingline Loans and L/C Obligations and (ib) the aggregate Dollar Equivalent principal amount of outstanding Revolving Credit Loans from such any Revolving Credit Lender to the Borrower shall not at any time exceed such Lender’s Revolving Credit Commitment minus less such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments Commitment Percentage of the Lenders, (iii) no outstanding L/C Obligations and outstanding Swingline Loans. Each Revolving Credit Loan to which the Base Rate Option applies by a Lender shall be made in an Optional Currency, and (iv) a principal amount equal to such Lender’s Revolving Credit Commitment Percentage of the aggregate Dollar Equivalent principal amount of Optional Currency Revolving Credit Loans shall not exceed the Optional Currency Loan Sublimitrequested on such occasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Revolving Credit Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Jack in the Box Inc /New/)

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement, and relying in reliance upon the representations and warranties herein set forthforth herein, each Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or from time to time on or after from the date hereof to Closing Date through, but not including, the Expiration DateMaturity Date as requested by Borrower in accordance with the terms of Section 2.3; provided provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan any amount requested) shall not exceed the Revolving Credit Commitment less the sum of all outstanding Swingline Loans and L/C Obligations and (ib) the aggregate Dollar Equivalent principal amount of outstanding Revolving Credit Loans from such any Lender to Borrower shall not at any time exceed such Lender’s Revolving Credit Commitment minus less such Lender’s Ratable Share Revolving Credit Commitment Percentage of the outstanding Swing Swingline Loans and Letter of Credit L/C Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments of the Lenders, (iii) no . Each Revolving Credit Loan to which the Base Rate Option applies by a Lender shall be made in an Optional Currency, and (iv) a principal amount equal to such Lender’s Commitment Percentage of the aggregate Dollar Equivalent principal amount of Optional Currency Revolving Credit Loans shall not exceed the Optional Currency Loan Sublimitrequested on such occasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder from the Closing Date until the Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Radyne Corp)

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement, and relying in reliance upon the representations and warranties herein set forthforth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or from time to time on or after from the date hereof to Closing Date through, but not including, the Expiration DateRevolving Credit Maturity Date as requested by the Borrower in accordance with the terms of SECTION 2.3; provided PROVIDED, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan (iany amount requested) the aggregate Dollar Equivalent amount of Revolving Credit Loans from such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments Commitment less the sum of all outstanding Swingline Loans and L/C Obligations and (b) the Lenders, (iii) no principal amount of outstanding Revolving Credit Loans from any Revolving Credit Lender to the Borrower shall not at any time exceed such Revolving Credit Lender's Revolving Credit Commitment LESS such Revolving Credit Lender's Revolving Credit Commitment Percentage of outstanding L/C Obligations and outstanding Swingline Loans. Each Revolving Credit Loan to which the Base Rate Option applies by a Revolving Credit Lender shall be made in an Optional Currency, and (iv) a principal amount equal to such Revolving Lender's Revolving Credit Commitment Percentage of the aggregate Dollar Equivalent principal amount of Optional Currency Revolving Credit Loans shall not exceed the Optional Currency Loan Sublimitrequested on such occasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Revolving Credit Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Restaurant Co)

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement, and relying in reliance upon the representations and warranties herein set forthforth herein, each Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or Borrowers from time to time on or after from the date hereof to Closing Date through, but not including, the Expiration DateRevolving Credit Termination Date as requested by the Borrowers in accordance with the terms of Section 2.3; provided provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan any amount requested) shall not exceed the Aggregate Commitment less (i) the Swingline Sublimit Amount and (ii) the sum of all outstanding L/C Obligations and (b) the aggregate Dollar Equivalent principal amount of all outstanding Revolving Credit Loans from any Lender to the Borrowers shall not at any time exceed such Lender's Revolving Credit Commitment less (i) such Lender's Revolving Credit Commitment Percentage of outstanding L/C Obligations with respect to Letters of Credit and (ii) such Lender's Revolving Credit Commitment Percentage of the Swingline Sublimit Amount. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans from requested on such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments of the Lenders, (iii) no Revolving Credit Loan to which the Base Rate Option applies shall be made in an Optional Currency, and (iv) the aggregate Dollar Equivalent amount of Optional Currency Loans shall not exceed the Optional Currency Loan Sublimitoccasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower Borrowers may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Revolving Credit Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Belk Inc)

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement, and relying in reliance upon the representations and warranties herein set forthforth herein, each Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or from time to time on or after from the date hereof to Closing Date through, but not including, the Expiration DateRevolving Credit Maturity Date as requested by the Borrower in accordance with the terms of Section 2.3; provided provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan (iany amount requested) the aggregate Dollar Equivalent amount of Revolving Credit Loans from such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments Commitment less the sum of the Lendersall outstanding Swingline Loans and L/C Obligations, (iiib) no the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender's Revolving Credit Commitment less such Lender's Revolving Credit Commitment Percentage of outstanding L/C Obligations and outstanding Swingline Loans and (c) after giving effect to such Loan the Borrower and its Subsidiaries shall be in pro forma compliance with Section 10.5 hereof. Each Revolving Credit Loan to which the Base Rate Option applies by a Lender shall be made in an Optional Currency, and (iv) a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate Dollar Equivalent principal amount of Optional Currency Revolving Credit Loans shall not exceed the Optional Currency Loan Sublimitrequested on such occasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower may borrow, repay and reborrow pursuant to this Revolving Credit Loans hereunder until the Revolving Credit Maturity Date. Revolving Credit Loans made on the Closing Date shall be funded in a manner consistent with the provisions of Section 2.16.2(g)(i).

Appears in 1 contract

Samples: Credit Agreement (Veridian Corp)

Revolving Credit Loans. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forthof this Agreement, each Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or from time to time on or after from the date hereof Closing Date to but excluding the Expiration DateRevolving Credit Termination Date as requested by the Borrower in accordance with the terms of Section 2.3; provided that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan any amount requested) shall not exceed the Aggregate Revolving Credit Commitment less the sum of all outstanding Swingline Loans, all outstanding Competitive Bid Loans and all L/C Obligations and (ib) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender's Revolving Credit Commitment less the sum of such Lender's Revolving Credit Commitment Percentage of all outstanding Swingline Loans and such Lender's Revolving Credit Commitment Percentage of all L/C Obligations. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate Dollar Equivalent principal amount of Revolving Credit Loans from requested on such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments of the Lenders, (iii) no Revolving Credit Loan to which the Base Rate Option applies shall be made in an Optional Currency, and (iv) the aggregate Dollar Equivalent amount of Optional Currency Loans shall not exceed the Optional Currency Loan Sublimitoccasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Revolving Credit Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Richfood Holdings Inc)

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement and relying the other Loan Documents, and in reliance upon the representations and warranties herein set forthforth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or from time to time on or after from the date hereof to Closing Date through, but not including, the Expiration DateRevolving Credit Maturity Date as requested by the Borrower in accordance with the terms of Section 2.3; provided provided, that (a) the Revolving Credit Outstandings (after giving effect to each such Loan any amount requested) shall not exceed an amount equal to the Revolving Credit Commitment less the sum of all outstanding Swingline Loans and L/C Obligations and (ib) the principal amount of outstanding Revolving Credit Loans from any Revolving Credit Lender to the Borrower shall not at any time exceed such Revolving Credit Lender’s Revolving Credit Commitment less such Revolving Credit Lender’s Revolving Credit Commitment Percentage of outstanding L/C Obligations and outstanding Swingline Loans. Each Revolving Credit Loan by a Revolving Credit Lender shall be in a principal amount equal to such Revolving Credit Lender’s Revolving Credit Commitment Percentage of the aggregate Dollar Equivalent principal amount of Revolving Credit Loans from requested on such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments of the Lenders, (iii) no Revolving Credit Loan to which the Base Rate Option applies shall be made in an Optional Currency, and (iv) the aggregate Dollar Equivalent amount of Optional Currency Loans shall not exceed the Optional Currency Loan Sublimitoccasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Revolving Credit Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Aci Worldwide, Inc.)

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement and relying the other Loan Documents, and in reliance upon the representations and warranties herein set forthforth in this Agreement and the other Loan Documents, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Cayman Borrower at any time or and/or the Parent Borrower in Dollars from time to time on or after from the date hereof to Closing Date through, but not including, the Expiration Date; provided that after giving effect to each such Loan (i) the aggregate Dollar Equivalent amount of Revolving Credit Loans from such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share Maturity Date as requested by the Borrower Agent in accordance with the terms of the outstanding Swing Loans and Letter of Credit ObligationsSection 2.3; provided, that (iia) the Revolving Facility Usage Credit Outstandings shall not exceed the Revolving Credit Commitments Commitment of all the Lenders, Revolving Credit Lenders and (iiib) no the Revolving Credit Exposure of any Revolving Credit Lender shall not at any time exceed such Revolving Credit Lender’s Revolving Credit Commitment. Each Revolving Credit Loan to which the Base Rate Option applies by a Revolving Credit Lender shall be made in an Optional Currency, and (iv) a principal amount equal to such Revolving Credit Lender’s Revolving Credit Commitment Percentage of the aggregate Dollar Equivalent principal amount of Optional Currency Revolving Credit Loans shall not exceed the Optional Currency Loan Sublimitrequested on such occasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Cayman Borrower and the Parent Borrower may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Revolving Credit Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Ubiquiti Networks, Inc.)

Revolving Credit Loans. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forthof this Agreement, each Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or from time to time on or after from the date hereof to Closing Date through, but not including, the Expiration DateRevolving Credit Maturity Date as requested by the Borrower in accordance with the terms of Section 2.3; provided provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan any amount requested) shall not exceed the Revolving Credit Commitment less the Swingline Commitment and L/C Obligations and (ib) the aggregate Dollar Equivalent principal amount of outstanding Revolving Credit Loans from such any Lender to the Borrower shall not at any time exceed such Lender’s Revolving Credit Commitment minus less such Lender’s Ratable Share Revolving Credit Commitment Percentage of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Swingline Commitment less such Lender’s Revolving Credit Commitments Commitment Percentage of the Lenders, (iii) no all outstanding L/C Obligations. Each Revolving Credit Loan to which the Base Rate Option applies by a Lender shall be made in an Optional Currency, and (iv) a principal amount equal to such Lender’s Revolving Credit Commitment Percentage of the aggregate Dollar Equivalent principal amount of Optional Currency Revolving Credit Loans shall not exceed the Optional Currency Loan Sublimitrequested on such occasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Revolving Credit Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Global Imaging Systems Inc)

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement and relying the other Loan Documents, and in reliance upon the representations and warranties herein set forthforth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or from time to time on or after from the date hereof to Closing Date through, but not including, the Expiration Date; provided that after giving effect to each such Loan (i) the aggregate Dollar Equivalent amount of Revolving Credit Loans from such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share Maturity Date as requested by the Borrower in accordance with the terms of the outstanding Swing Loans and Letter of Credit ObligationsSection 2.3; provided, that (iia) the Revolving Facility Usage Credit Outstandings shall not exceed the Revolving Credit Commitments Commitment, (b) the Revolving Credit Outstandings with respect to Revolving Credit Loans and Swingline Loans only (and exclusive of L/C Obligations) shall in no event exceed the lesser of the Lenders, Loan Cap Amount and the Revolving Credit Commitment and (iiic) no the Revolving Credit Exposure of any Revolving Credit Lender shall not at any time exceed such Revolving Credit Lender’s Revolving Credit Commitment. Each Revolving Credit Loan to which the Base Rate Option applies by a Revolving Credit Lender shall be made in an Optional Currency, and (iv) a principal amount equal to such Revolving Lender’s Revolving Credit Commitment Percentage of the aggregate Dollar Equivalent principal amount of Optional Currency Revolving Credit Loans shall not exceed the Optional Currency Loan Sublimitrequested on such occasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Revolving Credit Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Blackhawk Network Holdings, Inc)

Revolving Credit Loans. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forthof this Agreement, each Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or from time to time from the Closing Date through the Termination Date as requested by the Borrower in accordance with the terms of Section 2.3; provided, that (a) all Revolving Credit Loans made on or the Closing Date shall be Base Rate Loans and shall remain Base Rate Loans for three (3) Business Days after the date hereof to Closing Date, (b) the Expiration Date; provided that aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan any amount requested) shall not exceed the Aggregate Commitment less the sum of all outstanding Absolute Rate Loans and Swingline Loans and the L/C Obligations and (ic) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower plus such Lender's Commitment Percentage of the L/C Obligations shall not at any time exceed such Lender's Commitment. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Commitment Percentage of the aggregate Dollar Equivalent principal amount of Revolving Credit Loans from requested on such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments of the Lenders, (iii) no Revolving Credit Loan to which the Base Rate Option applies shall be made in an Optional Currency, and (iv) the aggregate Dollar Equivalent amount of Optional Currency Loans shall not exceed the Optional Currency Loan Sublimitoccasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Corestaff Inc)

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement, and relying in reliance upon the representations and warranties herein set forthforth herein, each Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or from time to time on or after from the date hereof to Closing Date through, but not including, the Expiration DateRevolving Credit Termination Date as requested by the Borrower, in accordance with the terms of Section 2.4; provided that provided, that, based upon the Dollar Amount of all outstanding Loans and L/C Obligations, (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan any amount requested) shall not exceed the Aggregate Commitment less the Swingline Commitment less the sum of all outstanding Alternative Currency Loans and L/C Obligations and (ib) the aggregate Dollar Equivalent principal amount of all outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender's Commitment less such Lender's Commitment Percentage of the Swingline Commitment less such Lender's Commitment Percentage of the sum of all outstanding Alternative Currency Loans and L/C Obligations. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Commitment Percentage of the aggregate principal amount of Revolving Credit Loans from requested on such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments of the Lenders, (iii) no Revolving Credit Loan to which the Base Rate Option applies shall be made in an Optional Currency, and (iv) the aggregate Dollar Equivalent amount of Optional Currency Loans shall not exceed the Optional Currency Loan Sublimitoccasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Revolving Credit Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Compx International Inc)

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement, and relying in reliance upon the representations and warranties herein set forthforth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or Borrowers from time to time on or after from the date hereof to Closing Date through, but not including, the Expiration DateRevolving Credit Termination Date as requested by the Borrowers in accordance with the terms of Section 2.3; provided provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan (iany amount requested) the aggregate Dollar Equivalent amount of Revolving Credit Loans from such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments Commitment less (i) the Swingline Sublimit Amount and (ii) the sum of all outstanding L/C Obligations and (b) the aggregate principal amount of all outstanding Revolving Credit Loans from any Lender to the Borrowers shall not at any time exceed such Lender's Revolving Credit Commitment less (i) such Lender's Revolving Credit Commitment Percentage of outstanding L/C Obligations with respect to Letters of Credit and (ii) such Lender's Revolving Credit Commitment Percentage of the Lenders, (iii) no Swingline Sublimit Amount. Each Revolving Credit Loan to which the Base Rate Option applies by a Revolving Credit Lender shall be made in an Optional Currency, and (iv) a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate Dollar Equivalent principal amount of Optional Currency Revolving Credit Loans shall not exceed the Optional Currency Loan Sublimitrequested on such occasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower Borrowers may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Revolving Credit Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Belk Inc)

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement, and relying in reliance upon the representations and warranties herein set forthforth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or from time to time on or after from the date hereof to Closing Date through, but not including, the Expiration DateRevolving Credit Maturity Date as requested by the Borrower in accordance with the terms of Section 2.2; provided PROVIDED, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan (iany amount requested) the aggregate Dollar Equivalent amount of Revolving Credit Loans from such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments Commitment LESS the sum of all outstanding L/C Obligations and (b) the principal amount of outstanding Revolving Credit Loans from any Revolving Credit Lender to the Borrower shall not at any time exceed such Lender's Revolving Credit Commitment LESS such Lender's Revolving Credit Commitment Percentage of the Lenders, (iii) no L/C Obligations. Each Revolving Credit Loan to which the Base Rate Option applies by a Revolving Credit Lender shall be made in an Optional Currency, and (iv) a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate Dollar Equivalent principal amount of Optional Currency Revolving Credit Loans shall not exceed the Optional Currency Loan Sublimitrequested on such occasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Revolving Credit Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Hickory Tech Corp)

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement, and relying in reliance upon the representations and warranties herein set forthforth herein, each Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or from time to time on or after from the date hereof to Closing Date through, but not including, the Expiration DateRevolving Credit Maturity Date as requested by the Borrower in accordance with the terms of Section 2.3; provided provided, that (a) the sum of the aggregate amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan (i) the aggregate Dollar Equivalent amount requested and the use of Revolving the proceeds thereof to repay Extensions of Credit hereunder), Swingline Loans and L/C Obligations from such any Lender to the Borrower shall not at no time exceed such Lender’s Revolving Credit Commitment minus and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments Commitment less such Lender’s Revolving Credit Commitment Percentage of the Lenders, (iii) no outstanding Swingline Loans less such Lender’s Revolving Credit Commitment Percentage of all outstanding L/C Obligations. Each Revolving Credit Loan to which the Base Rate Option applies by a Lender shall be made in an Optional Currency, and (iv) a principal amount equal to such Lender’s Revolving Credit Commitment Percentage of the aggregate Dollar Equivalent principal amount of Optional Currency Revolving Credit Loans shall not exceed the Optional Currency Loan Sublimitrequested on such occasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Revolving Credit Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (DRS Technologies Inc)

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Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement, and relying in reliance upon the representations and warranties herein set forthforth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or from time to time on or after from the date hereof to Closing Date through, but not including, the Expiration DateRevolving Credit Maturity Date as requested by the Borrower in accordance with the terms of Section 2.3; provided provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan any amount requested) shall not exceed an amount equal to the Revolving Credit Commitment less the sum of all outstanding Swingline Loans and L/C Obligations and (ib) the principal amount of outstanding Revolving Credit Loans from any Revolving Credit Lender to the Borrower shall not at any time exceed such Revolving Credit Lender’s Revolving Credit Commitment less such Revolving Credit Lender’s Revolving Credit Commitment Percentage of outstanding L/C Obligations and outstanding Swingline Loans. Each Revolving Credit Loan by a Revolving Credit Lender shall be in a principal amount equal to such Revolving Credit Lender’s Revolving Credit Commitment Percentage of the aggregate Dollar Equivalent principal amount of Revolving Credit Loans from requested on such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments of the Lenders, (iii) no Revolving Credit Loan to which the Base Rate Option applies shall be made in an Optional Currency, and (iv) the aggregate Dollar Equivalent amount of Optional Currency Loans shall not exceed the Optional Currency Loan Sublimitoccasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Revolving Credit Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Transaction Systems Architects Inc)

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement, and relying in reliance upon the representations and warranties herein set forthforth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or from time to time on or after from the date hereof to Closing Date up to, but not including, the Expiration DateRevolving Credit Maturity Date as requested by the Borrower in accordance with the terms of Section 2.2; provided provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan (iany amount requested) the aggregate Dollar Equivalent amount of Revolving Credit Loans from such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments Commitment less the sum of all outstanding L/C Obligations and (b) the Lenders, (iii) no principal amount of outstanding Revolving Credit Loans from any Revolving Credit Lender to the Borrower shall not at any time exceed such Revolving Credit Lender’s Revolving Credit Commitment less such Revolving Credit Lender’s Revolving Credit Commitment Percentage of outstanding L/C Obligations. Each Revolving Credit Loan to which the Base Rate Option applies by a Revolving Credit Lender shall be made in an Optional Currency, and (iv) a principal amount equal to such Revolving Lender’s Revolving Credit Commitment Percentage of the aggregate Dollar Equivalent principal amount of Optional Currency Revolving Credit Loans shall not exceed the Optional Currency Loan Sublimitrequested on such occasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower may borrow, repay prepay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder up to, but not including, the Revolving Credit Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Digital Generation Systems Inc)

Revolving Credit Loans. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth---------------------- of this Agreement, each Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or from time to time on or after from the date hereof Closing Date to but excluding the Expiration DateRevolving Credit Termination Date as requested by the Borrower in accordance with the terms of Section 2.3; provided that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan any amount requested) shall not exceed the Aggregate Revolving Credit Commitment less the sum of all outstanding Swingline Loans, all outstanding Competitive Bid Loans and all L/C Obligations and (ib) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender's Revolving Credit Commitment less the sum of such Lender's Revolving Credit Commitment Percentage of all outstanding Swingline Loans and such Lender's Revolving Credit Commitment Percentage of all L/C Obligations. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate Dollar Equivalent principal amount of Revolving Credit Loans from requested on such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments of the Lenders, (iii) no Revolving Credit Loan to which the Base Rate Option applies shall be made in an Optional Currency, and (iv) the aggregate Dollar Equivalent amount of Optional Currency Loans shall not exceed the Optional Currency Loan Sublimitoccasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Revolving Credit Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Richfood Holdings Inc)

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement, and relying in reliance upon the representations and warranties herein set forthforth herein, each Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the US Borrower at any time or in Dollars from time to time on or after from the date hereof to Closing Date through, but not including, the Expiration DateRevolving Credit Maturity Date as requested by the US Borrower in accordance with the terms of Section 2.4; provided that that, based upon the Dollar Amount of all outstanding Loans and L/C Obligations, (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan any amount requested and any prepayments) shall not exceed the Aggregate Commitment less the sum of all outstanding Alternative Currency Loans, Swingline Loans and L/C Obligations and (ib) the aggregate Dollar Equivalent principal amount of all outstanding Revolving Credit Loans from any Lender to the US Borrower shall not at any time exceed such Lender's Commitment less such Lender's Commitment Percentage of the aggregate principal amount of all outstanding Alternative Currency Loans, Swingline Loans and L/C Obligations. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Commitment Percentage of the aggregate principal amount of Revolving Credit Loans from requested on such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments of the Lenders, (iii) no Revolving Credit Loan to which the Base Rate Option applies shall be made in an Optional Currency, and (iv) the aggregate Dollar Equivalent amount of Optional Currency Loans shall not exceed the Optional Currency Loan Sublimitoccasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the US Borrower may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Revolving Credit Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Ikon Office Solutions Inc)

Revolving Credit Loans. (a) Subject to the terms and conditions hereof (including without limitation Section 4.4) of this Agreement, and relying in reliance upon the representations and warranties herein set forthforth herein, each Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or from time to time on or after from the date hereof to Closing Date to, but not including, the Expiration DateTermination Date as requested by the Borrower in accordance with the terms of Section 4.1; provided provided, that after giving effect to each such Loan (i) the aggregate Dollar Equivalent principal amount of all outstanding Revolving Credit Loans from such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (iiafter giving effect to any amount requested) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments Commitment less the sum of (A) all outstanding Swingline Loans and Revolver L/C Obligations and (B) the Lenders, Blocked Portion as of such date and (iiiii) no the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender's Revolving Credit Commitment less such Lender's Revolving Credit Commitment Percentage of Revolver L/C Obligations and outstanding Swingline Loans. Each Revolving Credit Loan to which the Base Rate Option applies by a Lender shall be made in an Optional Currency, and (iv) a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate Dollar Equivalent principal amount of Optional Currency Revolving Credit Loans shall not exceed the Optional Currency Loan Sublimitrequested on such occasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Suburban Propane Partners Lp)

Revolving Credit Loans. (a) Subject to the terms and conditions hereof (including without limitation Section 4.4) of this Agreement, and relying in reliance upon the representations and warranties herein set forthforth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or from time to time on or after from the date hereof to Closing Date to, but not including, the Expiration DateRevolving Credit Termination Date as requested by the Borrower in accordance with the terms of Section 4.1; provided provided, that after giving effect to each such Loan (i) the aggregate Dollar Equivalent principal amount of all outstanding Revolving Credit Loans from such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (iiafter giving effect to any amount requested) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments Commitment less the sum of (A) all outstanding Swingline Loans and L/C Obligations and (B) the Lenders, Blocked Portion as of such date and (iiiii) no the principal amount of outstanding Revolving Credit Loans from any Revolving Credit Lender to the Borrower shall not at any time exceed such Revolving Credit Lender's Revolving Credit Commitment less such Revolving Credit Lender's Revolving Credit Commitment Percentage of L/C Obligations and outstanding Swingline Loans. Each Revolving Credit Loan to which the Base Rate Option applies by a Revolving Credit Lender shall be made in an Optional Currency, and (iv) a principal amount equal to such Revolving Credit Lender's Revolving Credit Commitment Percentage of the aggregate Dollar Equivalent principal amount of Optional Currency Revolving Credit Loans shall not exceed the Optional Currency Loan Sublimitrequested on such occasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Revolving Credit Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Suburban Propane Partners Lp)

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement, and relying in reliance upon the representations and warranties herein set forthforth herein, each Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or from time to time on or after from the date hereof to Original Closing Date through, but not including, the Expiration DateRevolving Credit Maturity Date as requested by the Borrower in accordance with the terms of Section 2.3; provided provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan (iany amount requested) the aggregate Dollar Equivalent amount of Revolving Credit Loans from such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments Commitment less the sum of the Lendersall outstanding Swingline Loans and L/C Obligations, (iiib) no the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender's Revolving Credit Commitment less such Lender's Revolving Credit Commitment Percentage of outstanding L/C Obligations and outstanding Swingline Loans and (c) after giving effect to such Loan the Borrower and its Subsidiaries shall be in pro forma compliance with Section 10.5 hereof. Each Revolving Credit Loan to which the Base Rate Option applies by a Lender shall be made in an Optional Currency, and (iv) a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate Dollar Equivalent principal amount of Optional Currency Revolving Credit Loans shall not exceed the Optional Currency Loan Sublimitrequested on such occasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower may borrow, repay and reborrow pursuant to this Revolving Credit Loans hereunder until the Revolving Credit Maturity Date. Revolving Credit Loans made on the Original Closing Date shall be funded in a manner consistent with the provisions of Section 2.16.2(g)(i).

Appears in 1 contract

Samples: Credit Agreement (Veridian Corp)

Revolving Credit Loans. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forthof this Agreement, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or from time to time on or after during the date hereof to Availability Period as requested by the Expiration Date­ Borrower in accordance with the terms of Section 2.2; provided that provided, that, (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan any amount requested and the use thereof) shall not exceed an amount equal to the Aggregate Commitment and (ib) the principal amount of outstanding Revolving Credit Loans from any Revolving Credit Lender to the Borrower shall not at any time exceed such Revolving Credit Lender’s Commitment. Each Revolving Credit Loan by a Revolving Credit Lender shall be in a principal amount equal to such Revolving Credit Lender’s Commitment Percentage of the aggregate Dollar Equivalent principal amount of Revolving Credit Loans from requested on such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments of the Lenders, (iii) no Revolving Credit Loan to which the Base Rate Option applies shall be made in an Optional Currency, and (iv) the aggregate Dollar Equivalent amount of Optional Currency Loans shall not exceed the Optional Currency Loan Sublimitoccasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower may borrow, repay and reborrow pursuant Revolving Credit Loans hereunder until the Maturity Date; provided that Borrower may only reborrow Revolving Credit Loans to this Section 2.1the extent the proceeds of the borrowings are used solely to refinance Qualifying Commercial Paper.

Appears in 1 contract

Samples: Revolving Credit Agreement (BlackRock Inc.)

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement, and relying in reliance upon the representations and warranties herein set forthforth herein, each Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or from time to time on or after from the date hereof to Closing Date through, but not including, the Expiration DateMaturity Date as requested by the Borrower in accordance with the terms of Section 2.3; provided provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan any amount requested) shall not exceed an amount equal to the lesser of (i) the Commitments, less the sum of all outstanding Swingline Loans and L/C Obligations and (ii) the Advance Rate less the sum of all outstanding Swingline Loans and L/C Obligations and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender’s Commitment less such Lender’s Commitment Percentage of outstanding L/C Obligations and outstanding Swingline Loans. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender’s Commitment Percentage of the aggregate Dollar Equivalent principal amount of Revolving Credit Loans from requested on such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments of the Lenders, (iii) no Revolving Credit Loan to which the Base Rate Option applies shall be made in an Optional Currency, and (iv) the aggregate Dollar Equivalent amount of Optional Currency Loans shall not exceed the Optional Currency Loan Sublimitoccasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Medimmune Inc /De)

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement, and relying in reliance upon the representations and warranties herein set forthforth herein, each Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or from time to time on or after from the date hereof to Closing Date through, but not including, the Expiration DateRevolving Credit Maturity Date as requested by the Borrower in accordance with the terms of Section 2.3; provided provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan any amount requested) shall not exceed the Revolving Credit Commitment less the sum of all outstanding Swingline Loans and L/C Obligations, (ib) the aggregate Dollar Equivalent principal amount of outstanding Revolving Credit Loans from such any Lender to the Borrower shall not at any time exceed such Lender’s Revolving Credit Commitment minus less such Lender’s Ratable Share Revolving Credit Commitment Percentage of the outstanding Swing L/C Obligations and outstanding Swingline Loans and Letter of Credit Obligations, (iic) the aggregate principal amount of all outstanding Revolving Facility Usage Credit Loans (after giving effect to any amount requested) shall not exceed be increased on the Revolving Credit Commitments of the Lenders, Acquisition Date by more than Six Million Dollars (iii) no $6,000,000). Each Revolving Credit Loan to which the Base Rate Option applies by a Lender shall be made in an Optional Currency, and (iv) a principal amount equal to such Lender’s Revolving Credit Commitment Percentage of the aggregate Dollar Equivalent principal amount of Optional Currency Revolving Credit Loans shall not exceed the Optional Currency Loan Sublimitrequested on such occasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Revolving Credit Maturity Date. Each Lender’s Revolving Credit Commitment as of the Closing Date is set forth on the applicable Lender Addendum.

Appears in 1 contract

Samples: Credit Agreement (Geo Group Inc)

Revolving Credit Loans. (a) Subject to the terms and conditions hereof (including without limitation SECTION 4.4) of this Agreement, and relying in reliance upon the representations and warranties herein set forthforth herein, each Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or from time to time on or after from the date hereof to Closing Date to, but not including, the Expiration DateTermination Date as requested by the Borrower in accordance with the terms of SECTION 4.1; provided PROVIDED, that after giving effect to each such Loan (i) the aggregate Dollar Equivalent principal amount of all outstanding Revolving Credit Loans from such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (iiafter giving effect to any amount requested) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments Commitment LESS the sum of (A) all outstanding Swingline Loans and L/C Obligations and (B) the Lenders, Blocked Portion as of such date and (iiiii) no the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender's Revolving Credit Commitment LESS such Lender's Revolving Credit Commitment Percentage of L/C Obligations and outstanding Swingline Loans. Each Revolving Credit Loan to which the Base Rate Option applies by a Lender shall be made in an Optional Currency, and (iv) a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate Dollar Equivalent principal amount of Optional Currency Revolving Credit Loans shall not exceed the Optional Currency Loan Sublimitrequested on such occasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Suburban Propane Partners Lp)

Revolving Credit Loans. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forthof this Agreement, each Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or from time to time on or after from the date hereof to Closing Date through the Expiration DateTermination Date as requested by the Borrower in accordance with the terms of Section 2.3; provided provided, that after giving effect to each such Loan (i) the aggregate Dollar Equivalent principal amount of all outstanding Revolving Credit Loans (after giving effect to any amount requested) shall not exceed the Aggregate Commitment less the sum of the outstanding Competitive Bid Loans, Swingline Loans and L/C Obligations and (ii) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender's Commitment less such Lender's Commitment Percentage of the L/C Obligations and Swingline Loans then outstanding. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Commitment Percentage of the aggregate principal amount of Revolving Credit Loans from requested on such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments of the Lenders, (iii) no Revolving Credit Loan to which the Base Rate Option applies shall be made in an Optional Currency, and (iv) the aggregate Dollar Equivalent amount of Optional Currency Loans shall not exceed the Optional Currency Loan Sublimitoccasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1.Revolving Credit Loans hereunder until the Termination Date. 21 (b)

Appears in 1 contract

Samples: Credit Agreement (Lci International Inc /Va/)

Revolving Credit Loans. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forthforth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans to the applicable Borrower from time to time, on any Business Day during the Availability Period, in either Dollars or one or more Optional Applicable Currencies (in an aggregate principal Dollar Equivalent amount not to exceed at any time outstanding the amount of such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or from time to time on or after the date hereof to the Expiration DateLender’s Revolving Credit Commitment Amount; provided that after giving effect to each such Loan any Borrowing, (i) the Total Outstandings shall not exceed the Aggregate Revolving Credit Commitments, (ii) the aggregate Dollar Equivalent amount Outstanding Amount of the Revolving Credit Loans from of any Lender plus such Lender Lender’s Pro Rata Share of the Outstanding Amount of all L/C Obligations shall not exceed the amount of such Revolving Credit Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments of the Lenders, (iii) no Revolving Credit Loan after giving effect to which the Base Rate Option applies shall be made in an Optional Currencyany Borrowing of Offshore Currency Loans, and (iv) the aggregate principal Dollar Equivalent amount of Optional all outstanding Offshore Currency Loans shall not exceed the Optional Offshore Currency Loan Sublimit. Within such the limits of time and amount each Revolving Credit Lender’s Revolving Credit Commitment, and subject to the other provisions of this Agreementterms and conditions hereof, the Borrower Borrowers may borrowborrow under this Section 2.01, repay prepay under Section 2.06 and reborrow pursuant to under this Section 2.1.2.01. Revolving Credit Loans may be Base Rate Loans or LIBOR Rate Loans, as further provided herein. (b)

Appears in 1 contract

Samples: 4 Credit Agreement (Donaldson Co Inc)

Revolving Credit Loans. Subject to the terms and ---------------------- conditions hereof and relying upon the representations and warranties herein set forthof this Agreement, each Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or Borrowers on a joint and several basis from time to time from the Closing Date through the Revolving Credit Maturity Date as requested by the Company, on or after behalf of the date hereof to Borrowers, in accordance with the Expiration Dateterms of Section 2.3; provided provided, that (a) the aggregate -------- principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan (iany amount requested) the aggregate Dollar Equivalent amount of Revolving Credit Loans from such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments Commitment less ---- the sum of all outstanding Swingline Loans and L/C Obligations and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrowers shall not at any time exceed such Lender's Revolving Credit Commitment less such Lender's Revolving Credit Commitment Percentage of the Lenders, (iii) no sum of all ---- outstanding Swingline Loans and L/C Obligations. Each Revolving Credit Loan to which the Base Rate Option applies by a Lender shall be made in an Optional Currency, and (iv) a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate Dollar Equivalent principal amount of Optional Currency Revolving Credit Loans shall not exceed the Optional Currency Loan Sublimitrequested on such occasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower Borrowers may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Revolving Credit Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Global Imaging Systems Inc)

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement, and relying in reliance upon the representations and warranties herein set forthforth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or from time to time on or after from the date hereof to Amended and Restated Closing Date through, but not including, the Expiration DateRevolving Credit Maturity Date as requested by the Borrower in accordance with the terms of Section 2.3; provided provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan (iany amount requested) the aggregate Dollar Equivalent amount of Revolving Credit Loans from such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments Commitment less the sum of all outstanding Swingline Loans and L/C Obligations and (b) the Lenders, (iii) no principal amount of outstanding Revolving Credit Loans from any Revolving Credit Lender to the Borrower shall not at any time exceed such Revolving Credit Lender's Revolving Credit Commitment less such Revolving Credit Lender's Revolving Credit Commitment Percentage of outstanding L/C Obligations and outstanding Swingline Loans. Each Revolving Credit Loan to which the Base Rate Option applies by a Revolving Credit Lender shall be made in an Optional Currency, and (iv) a principal amount equal to such Revolving Credit Lender's Revolving Credit Commitment Percentage of the aggregate Dollar Equivalent principal amount of Optional Currency Revolving Credit Loans shall not exceed the Optional Currency Loan Sublimitrequested on such occasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Revolving Credit Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Globalstar, Inc.)

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement, and relying in reliance upon the representations and warranties herein set forthforth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or Borrowers from time to time on or after from the date hereof to Closing Date through, but not including, the Expiration DateRevolving Credit Termination Date as requested by the Borrowers in accordance with the terms of Section 2.3; provided provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan any amount requested) shall not exceed the Revolving Credit Commitment less the sum of all outstanding Swingline Loans and L/C Obligations and (ib) the aggregate Dollar Equivalent principal amount of all outstanding Revolving Credit Loans from such any Lender to the Borrowers shall not at any time exceed such Lender’s Revolving Credit Commitment minus less the sum of such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments Commitment Percentage of the Lenders, (iii) no outstanding L/C Obligations and Swingline Loans. Each Revolving Credit Loan to which the Base Rate Option applies by a Revolving Credit Lender shall be made in an Optional Currency, and (iv) a principal amount equal to such Lender’s Revolving Credit Commitment Percentage of the aggregate Dollar Equivalent principal amount of Optional Currency Revolving Credit Loans shall not exceed the Optional Currency Loan Sublimitrequested on such occasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower Borrowers may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Revolving Credit Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Belk Inc)

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement, and relying in reliance upon the representations and warranties herein set forthforth herein, each Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or Borrowers from time to time on or after from the date hereof to Closing Date through, but not including, the Expiration DateRevolving Credit Termination Date as requested by the Borrowers in accordance with the terms of Section 2.3; provided provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan any amount requested) shall not exceed the Aggregate Commitment less (i) the Swingline Sublimit Amount and (ii) the sum of all outstanding L/C Obligations and (b) the aggregate Dollar Equivalent principal amount of all outstanding Revolving Credit Loans from any Lender to the Borrowers shall not at any time exceed such Lender's Revolving Credit Commitment less (i) such Lender's Revolving Credit Commitment Percentage of outstanding L/C Obligations with respect to New Letters of Credit and (ii) such Lender's Revolving Credit Commitment Percentage of the Swingline Sublimit Amount. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate principal amount of Revolving Credit Loans from requested on such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments of the Lenders, (iii) no Revolving Credit Loan to which the Base Rate Option applies shall be made in an Optional Currency, and (iv) the aggregate Dollar Equivalent amount of Optional Currency Loans shall not exceed the Optional Currency Loan Sublimitoccasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower Borrowers may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Revolving Credit Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Belk Inc)

Revolving Credit Loans. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forthof this Agreement, each Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or from time to time on or after from the date hereof to Closing Date through the Expiration DateRevolving Termination Date as requested by the Borrower in accordance with the terms of Section 2.3; provided provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan any amount requested) shall not exceed the Aggregate Commitment less the sum of all outstanding Swingline Loans, Competitive Bid Loans and the L/C Obligations and (ib) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender's Commitment less the sum of such Lender's Commitment Percentage of all outstanding Swingline Loans and such Lender's Commitment Percentage of the L/C Obligations. Each Revolving Credit Loan shall be advanced pro rata by the Lenders in accordance with the provisions hereof. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Commitment Percentage of the aggregate Dollar Equivalent principal amount of Revolving Credit Loans from requested on such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments of the Lenders, (iii) no Revolving Credit Loan to which the Base Rate Option applies shall be made in an Optional Currency, and (iv) the aggregate Dollar Equivalent amount of Optional Currency Loans shall not exceed the Optional Currency Loan Sublimitoccasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Revolving Termination Date.

Appears in 1 contract

Samples: Credit Agreement (United Companies Financial Corp)

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement, and relying in reliance upon the representations and warranties herein set forthforth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or from time to time on or after from the date hereof to Closing Date through, but not including, the Expiration DateRevolving Credit Maturity Date as requested by the Borrower in accordance with the terms of Section 2.3; provided provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan (iany amount requested) the aggregate Dollar Equivalent amount of Revolving Credit Loans from such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments Commitment less the sum of all outstanding Swingline Loans and outstanding L/C Obligations and (b) the Lenders, (iii) no principal amount of outstanding Revolving Credit Loans from any Revolving Credit Lender to the Borrower shall not at any time exceed such Revolving Credit Lender's Revolving Credit Commitment less such Revolving Credit Lender's Revolving Credit Commitment Percentage of outstanding L/C Obligations and outstanding Swingline Loans. Each Revolving Credit Loan to which the Base Rate Option applies by a Revolving Credit Lender shall be made in an Optional Currency, and (iv) a principal amount equal to such Revolving Lender's Revolving Credit Commitment Percentage of the aggregate Dollar Equivalent principal amount of Optional Currency Revolving Credit Loans shall not exceed the Optional Currency Loan Sublimitrequested on such occasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Revolving Credit Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Cross Country Healthcare Inc)

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement, and relying in reliance upon the representations and warranties herein set forthforth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or from time to time on or after from the date hereof to Closing Date through, but not including, the Expiration DateRevolving Credit Maturity Date as requested by the Borrower in accordance with the terms of Section 2.3; provided provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan any amount requested) shall not exceed the Revolving Credit Commitment less the sum of all outstanding Swingline Loans and L/C Obligations, (ib) the aggregate Dollar Equivalent principal amount of outstanding Revolving Credit Loans from such any Revolving Credit Lender to the Borrower shall not at any time exceed such Lender’s Revolving Credit Commitment minus less such Lender’s Ratable Share Revolving Credit Commitment Percentage of the outstanding Swing L/C Obligations and outstanding Swingline Loans and Letter (c) no more than $250,000,000 of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments of Loans and Swingline Loans may be borrowed on the Lenders, (iii) no Closing Date. Each Revolving Credit Loan to which the Base Rate Option applies made by a Lender shall be made in an Optional Currency, and (iv) a principal amount equal to such Lender’s Revolving Credit Commitment Percentage of the aggregate Dollar Equivalent principal amount of Optional Currency Revolving Credit Loans shall not exceed the Optional Currency Loan Sublimitrequested on such occasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Revolving Credit Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Jack in the Box Inc /New/)

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement, and relying in reliance upon the representations and warranties herein set forthforth herein, each Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or from time to time on or from the Closing Date through, but not including, the Revolving Credit Termination Date as requested by the Borrower, in accordance with the terms of Section 2.4; provided, that, based upon the Dollar Amount of all outstanding Loans and L/C Obligations, immediately after the date hereof to making of any such Revolving Credit Loans, (a) the Expiration Date; provided that after giving effect to each such Loan aggregate amount of all outstanding Loans and L/C Obligations shall not exceed the lesser of (i) the Borrowing Base and (ii) the Aggregate Commitments and (b) the aggregate Dollar Equivalent principal amount of all outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender’s Commitment less such Lender’s Commitment Percentage of the sum of all outstanding Swingline Loans, Alternative Currency Loans and L/C Obligations. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender’s Commitment Percentage of the aggregate principal amount of Revolving Credit Loans from requested on such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments of the Lenders, (iii) no Revolving Credit Loan to which the Base Rate Option applies shall be made in an Optional Currency, and (iv) the aggregate Dollar Equivalent amount of Optional Currency Loans shall not exceed the Optional Currency Loan Sublimitoccasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Revolving Credit Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Compx International Inc)

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement, and relying in reliance upon the representations and warranties herein set forthforth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the US Borrower at any time or in Dollars from time to time on or after from the date hereof to Closing Date through, but not including, the Expiration DateRevolving Credit Maturity Date as requested by the US Borrower in accordance with the terms of Section 2.4; provided that that, based upon the Dollar Amount of all outstanding Loans and L/C Obligations, (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan (iany amount requested) the aggregate Dollar Equivalent amount of Revolving Credit Loans from such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments Commitment less the sum of all outstanding Canadian Dollar Loans, Swingline Loans and L/C Obligations and (b) the Lendersaggregate principal amount of all outstanding Revolving Credit Loans from any Revolving Credit Lender to the US Borrower shall not at any time exceed such Revolving Credit Lender’s Revolving Credit Commitment less such Revolving Credit Lender’s Revolving Credit Commitment Percentage of all outstanding Canadian Dollar Loans, (iii) no Swingline Loans and L/C Obligations. Each Revolving Credit Loan to which the Base Rate Option applies by a Revolving Credit Lender shall be made in an Optional Currency, and (iv) a principal amount equal to such Revolving Credit Lender’s Revolving Credit Commitment Percentage of the aggregate Dollar Equivalent principal amount of Optional Currency Revolving Credit Loans shall not exceed the Optional Currency Loan Sublimitrequested on such occasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the US Borrower may borrow, repay and reborrow pursuant to this Section 2.1.Revolving Credit Loans hereunder until the Revolving Credit Maturity Date. [Second Amendment – SCP Pool Corporation] 28

Appears in 1 contract

Samples: Credit Agreement (SCP Pool Corp)

Revolving Credit Loans. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forthof this Agreement, each Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or Borrowers on a joint and several basis from time to time from the Closing Date through, but not including, the Revolving Credit Maturity Date as requested by the Company, on or after behalf of the date hereof to Borrowers, in accordance with the Expiration Dateterms of Section 2.3; provided provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan (iany amount requested) the aggregate Dollar Equivalent amount of Revolving Credit Loans from such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments Commitment less the Swingline Commitment and L/C Obligations and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrowers shall not at any time exceed such Lender's Revolving Credit Commitment less such Lender's Revolving Credit Commitment Percentage of the Lenders, (iii) no Swingline Commitment less such Lender's Revolving Credit Commitment Percentage of all outstanding L/C Obligations. Each Revolving Credit Loan to which the Base Rate Option applies by a Lender shall be made in an Optional Currency, and (iv) a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate Dollar Equivalent principal amount of Optional Currency Revolving Credit Loans shall not exceed the Optional Currency Loan Sublimitrequested on such occasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower Borrowers may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Revolving Credit Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Global Imaging Systems Inc)

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement and relying the other Loan Documents, and in reliance upon the representations and warranties set forth herein set forthand therein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or from time to time on or after from the date hereof to Closing Date through, but not including, the Expiration DateRevolving Credit Maturity Date as requested by the Borrower in accordance with the terms of Section 2.3; provided provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan any amount requested) shall not exceed the Revolving Credit Commitment less the sum of all outstanding Swingline Loans and L/C Obligations, (ib) the aggregate Dollar Equivalent principal amount of outstanding Revolving Credit Loans from such any Revolving Credit Lender to the Borrower shall not at any time exceed such Lender’s Revolving Credit Commitment minus less such Lender’s Ratable Share Revolving Credit Commitment Percentage of the outstanding Swing L/C Obligations and outstanding Swingline Loans and Letter (c) no more than $450,000,000 of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments of Loans and Swingline Loans may be borrowed on the Lenders, (iii) no Closing Date. Each Revolving Credit Loan to which the Base Rate Option applies made by a Lender shall be made in an Optional Currency, and (iv) a principal amount equal to such Lender’s Revolving Credit Commitment Percentage of the aggregate Dollar Equivalent principal amount of Optional Currency Revolving Credit Loans shall not exceed the Optional Currency Loan Sublimitrequested on such occasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Revolving Credit Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Jack in the Box Inc /New/)

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement, and relying in reliance upon the representations and warranties herein set forthforth herein, each Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or Borrowers from time to time on or after the date hereof Closing Date to, but not including, five (5) Business Days prior to the Expiration DateMaturity Date as requested by the Borrowers in accordance with the terms of Section 2.3; provided provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan any amount requested) shall not exceed (i) the aggregate Dollar Equivalent lesser of (x) the Revolving Credit Commitment and (y) the Borrowing Base Amount less (ii) the sum of all outstanding Swingline Loans, Protective Advances and L/C Obligations and (b) the principal amount of outstanding Revolving Credit Loans from such any Lender to the Borrowers shall not at any time exceed such Lender’s Revolving Credit Commitment minus less such Lender’s Ratable Share Commitment Percentage of the outstanding Swing L/C Obligations, outstanding Swingline Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments of the Lenders, (iii) no outstanding Protective Advances. Each Revolving Credit Loan to which the Base Rate Option applies by a Lender shall be made in an Optional Currency, and (iv) a principal amount equal to such Lender’s Commitment Percentage of the aggregate Dollar Equivalent principal amount of Optional Currency Revolving Credit Loans shall not exceed the Optional Currency Loan Sublimitrequested on such occasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower may Borrowers may, jointly and severally, borrow, repay and reborrow pursuant Revolving Credit Loans hereunder until five (5) Business Days prior to this Section 2.1the Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Broadview Networks Holdings Inc)

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement, and relying in reliance upon the representations and warranties herein set forthforth herein, each Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or from time to time on or after from the date hereof to Closing Date through, but not including, the Expiration DateRevolving Credit Maturity Date as requested by the Borrower in accordance with the terms of Section 2.3; provided provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan (iany amount requested) the aggregate Dollar Equivalent amount of Revolving Credit Loans from such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments Commitment less the sum of all outstanding Swingline Loans and L/C Obligations and (b) the Lenders, (iii) no principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender's Revolving Credit Commitment less such Lender's Revolving Credit Commitment Percentage of outstanding L/C Obligations and outstanding Swingline Loans. Each Revolving Credit Loan to which the Base Rate Option applies by a Lender shall be made in an Optional Currency, and (iv) a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate Dollar Equivalent principal amount of Optional Currency Revolving Credit Loans shall not exceed the Optional Currency Loan Sublimitrequested on such occasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower may borrow, repay and reborrow pursuant to this Revolving Credit Loans hereunder until the Revolving Credit Maturity Date. Revolving Credit Loans made on the Closing Date shall be funded in a manner consistent with the provisions of Section 2.16.2(g)(i).

Appears in 1 contract

Samples: Credit Agreement (Veridian Corp)

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement, and relying in reliance upon the representations and warranties herein set forthforth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or from time to time on or after from the date hereof to Closing Date through, but not including, the Expiration DateRevolving Credit Maturity Date as requested by the Borrower in accordance with the terms of Section 2.3; provided provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan (iany amount requested) the aggregate Dollar Equivalent amount of Revolving Credit Loans from such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments Commitment less the sum of all outstanding Swingline Loans and L/C Obligations and (b) the Lenders, (iii) no principal amount of outstanding Revolving Credit Loans from any Revolving Credit Lender to the Borrower shall not at any time exceed such Revolving Credit Lender’s Revolving Credit Commitment less such Revolving Credit Lender’s Revolving Credit Commitment Percentage of outstanding L/C Obligations and outstanding Swingline Loans. Each Revolving Credit Loan to which the Base Rate Option applies by a Revolving Credit Lender shall be made in an Optional Currency, and (iv) a principal amount equal to such Revolving Credit Lender’s Revolving Credit Commitment Percentage of the aggregate Dollar Equivalent principal amount of Optional Currency Revolving Credit Loans shall not exceed the Optional Currency Loan Sublimitrequested on such occasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Revolving Credit Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Corrections Corp of America)

Revolving Credit Loans. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth---------------------- of this Agreement, each Revolving Credit Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or Borrowers from time to time on or after from the date hereof to Closing Date through the Expiration DateRevolving Credit Termination Date as requested by the Borrowers in accordance with the terms of Section 2.3; provided provided, that (a) the aggregate -------- principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan any amount requested) shall not exceed the lesser of (i) the Borrowing Base less the sum of all L/C Obligations, all outstanding Swingline Loans and all ---- outstanding Term Loans and (ii) the Revolving Credit Commitment less the sum of ---- all L/C Obligations and all outstanding Swingline Loans and (b) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrowers shall not at any time exceed such Lender's Revolving Credit Commitment less such ---- Lender's Revolving Credit Commitment Percentage of the sum of all outstanding L/C Obligations and all outstanding Swingline Loans. Each Revolving Credit Loan by a Revolving Credit Lender shall be in a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate Dollar Equivalent principal amount of Revolving Credit Loans from requested on such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments of the Lenders, (iii) no Revolving Credit Loan to which the Base Rate Option applies shall be made in an Optional Currency, and (iv) the aggregate Dollar Equivalent amount of Optional Currency Loans shall not exceed the Optional Currency Loan Sublimitoccasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower Borrowers may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Revolving Credit Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Choice One Communications Inc)

Revolving Credit Loans. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forthof this Agreement, each Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or Borrowers from time to time on or after from the date hereof to Closing Date through the Expiration DateRevolving Termination Date as requested by the Borrowers in accordance with the terms of Section 2.3; provided provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan any amount requested) shall not exceed the Aggregate Commitment less the sum of all outstanding Swingline Loans and the L/C Obligations, (ib) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrowers shall not at any time exceed such Lender's Commitment and (c) the Lenders shall not be required to make any Revolving Credit Loans to the Borrowers in connection with the redemption or purchase of certain shares of the common stock of ShoLodge as permitted under Section 10.8(b) unless the Borrowers shall have complied with the terms of Section 2.8(b). Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Commitment Percentage of the aggregate Dollar Equivalent principal amount of Revolving Credit Loans from requested on such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments of the Lenders, (iii) no Revolving Credit Loan to which the Base Rate Option applies shall be made in an Optional Currency, and (iv) the aggregate Dollar Equivalent amount of Optional Currency Loans shall not exceed the Optional Currency Loan Sublimitoccasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower Borrowers may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Revolving Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Sholodge Inc)

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement, and relying in reliance upon the representations and warranties herein set forthforth herein, each Revolving Credit Lender severally agrees to make Revolving Credit Loans denominated in either Dollars or one or more Optional Currencies (such to the U.S. Borrower and Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional the Alternative Currency Loans”) to the Borrower at any time or Belgian Borrower, in each case from time to time on or after from the date hereof to Closing Date to, but not including, the Expiration DateRevolving Credit Maturity Date as requested by the applicable Borrower in accordance with the terms of Section 2.3; provided provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan (iany amount requested) the aggregate Dollar Equivalent amount of Revolving Credit Loans from such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments Commitment less the sum of all outstanding Swingline Loans and outstanding L/C Obligations and (b) the Lenders, (iii) no principal amount of outstanding Revolving Credit Loans from any Revolving Credit Lender shall not at any time exceed such Revolving Credit Lender’s Revolving Credit Commitment less such Revolving Credit Lender’s Revolving Credit Commitment Percentage of outstanding Swingline Loans and outstanding L/C Obligations. Each Revolving Credit Loan by a Revolving Credit Lender shall be in a principal amount equal to which such Revolving Lender’s Revolving Credit Commitment Percentage of the Base Rate Option applies shall aggregate principal amount of Revolving Credit Loans requested on such occasion in the applicable requested Permitted Currency. Revolving Credit Loans to be made in an Optional Currency, and (iv) the aggregate Dollar Equivalent Alternative Currency shall be funded in an amount of Optional Currency Loans shall not exceed the Optional Currency Loan Sublimit. Within such limits of time and amount and subject equal to the other provisions Alternative Currency Amount of this Agreementsuch Revolving Credit Loan. Subject to the terms and conditions hereof, the Borrower Borrowers may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Revolving Credit Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Tekelec)

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement and relying in reliance upon the representations and warranties herein set forthforth herein, each Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or from time to time on or after from the date hereof to Closing Date through, but not including, the Expiration DateMaturity Date as requested by the Borrower in accordance with the terms of Section 2.3; provided provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such any amount requested) shall not exceed the Aggregate Commitment less the aggregate amount of all outstanding L/C Obligations less the Swingline Loan Reserve and (ib) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender’s Commitment less such Lender’s Commitment Percentage of outstanding L/C Obligations less such Lender’s Commitment Percentage of the Swingline Loan Reserve. Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender’s Commitment Percentage of the aggregate Dollar Equivalent principal amount of Revolving Credit Loans from requested on such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments of the Lenders, (iii) no Revolving Credit Loan to which the Base Rate Option applies shall be made in an Optional Currency, and (iv) the aggregate Dollar Equivalent amount of Optional Currency Loans shall not exceed the Optional Currency Loan Sublimitoccasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Lmi Aerospace Inc)

Revolving Credit Loans. Subject to (a) Upon the terms and subject to the conditions hereof and relying upon the representations and warranties herein set forthcontained in this Agreement, each Lender severally and not jointly agrees to make loans (herein referred to collectively as the "Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans") to the Borrower Company, at any time or and from time to time on or after the date hereof of this Agreement and prior to the Expiration Revolving Credit Termination Date; provided that after giving effect to each such Loan the aggregate principal amount of all outstanding Revolving Credit Loans does not at any time exceed the lesser of (i) the Aggregate Revolving Credit Commitment, and (ii) the Collateral Loan Value (as shown on the Borrowing Base Certificate most recently delivered to the Lenders), in either case minus the sum of the aggregate Dollar Equivalent principal amount of all outstanding Swingline Loans and the L/C Obligations; and provided further that the aggregate principal amount of all outstanding Revolving Credit Loans from such any Lender shall does not at any time exceed such Lender’s the lesser of (i) the Revolving Credit Commitment of such Lender, and (ii) such Lender's Revolving Credit Commitment Percentage of the Collateral Loan Value (as shown on the Borrowing Base Certificate most recently delivered to the Lenders), in either case minus such Lender’s Ratable Share 's Revolving Credit Commitment Percentage of the sum of the aggregate principal amount of all outstanding Swing Swingline Loans and Letter of Credit the L/C Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments of the Lenders, (iii) no Revolving Credit Loan to which the Base Rate Option applies shall be made in an Optional Currency, and (iv) the aggregate Dollar Equivalent amount of Optional Currency Loans shall not exceed the Optional Currency Loan Sublimit. Within such limits of time and amount and subject to the other provisions of this Agreementlimits, the Borrower Company may borrow, repay and reborrow pursuant hereunder on or after the date of this Agreement and prior to this Section 2.1the Revolving Credit Termination Date, subject to the terms, provisions and limitations set forth herein.

Appears in 1 contract

Samples: Revolving Credit Agreement (Take Two Interactive Software Inc)

Revolving Credit Loans. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth---------------------- of this Agreement, each Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or Borrowers from time to time on or after from the date hereof to Closing Date through the Expiration DateRevolving Credit Termination Date as requested by the Borrowers in accordance with the terms of Section 2.4; provided provided, that (a) the aggregate principal amount of all -------- outstanding Revolving Credit Loans (after giving effect to each such Loan any amount requested) shall not exceed the Aggregate Revolving Commitment less the sum of all ---- outstanding Swingline Loans and L/C Obligations and (ib) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrowers shall not at any time exceed such Lender's Revolving Commitment as set forth on Schedule 2 ---------- hereto less such Lender's Commitment Percentage of outstanding L/C Obligations ---- and Swingline Loans (if any). Each Revolving Credit Loan by a Lender shall be in a principal amount equal to such Lender's Commitment Percentage of the aggregate Dollar Equivalent principal amount of Revolving Credit Loans from requested on such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments of the Lenders, (iii) no Revolving Credit Loan to which the Base Rate Option applies shall be made in an Optional Currency, and (iv) the aggregate Dollar Equivalent amount of Optional Currency Loans shall not exceed the Optional Currency Loan Sublimitoccasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower Borrowers may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Revolving Credit Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Wilmar Industries Inc)

Revolving Credit Loans. Subject to the terms and conditions hereof of this Agreement, and relying in reliance upon the representations and warranties herein set forthforth herein, each Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or Borrowers from time to time from the Closing Date through, but not including, the Maturity Date as requested by the Company, on or after behalf of the date hereof to applicable Borrower, in accordance with the Expiration Dateterms of Section 2.3; provided provided, that (a) the aggregate principal amount of all outstanding Revolving Credit Loans (after giving effect to each such Loan any amount requested) shall not exceed the Aggregate Commitment less the sum of all outstanding Swingline Loans, L/C Obligations and Competitive Bid Loans and (ib) the aggregate Dollar Equivalent principal amount of outstanding Revolving Credit Loans from such any Lender shall not at any time exceed such Lender’s Revolving Credit Commitment minus less such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (ii) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments Commitment Percentage of the Lenders, (iii) no outstanding L/C Obligations and outstanding Swingline Loans. Each Revolving Credit Loan to which the Base Rate Option applies by a Lender shall be made in an Optional Currency, and (iv) a principal amount equal to such Lender’s Revolving Credit Commitment Percentage of the aggregate Dollar Equivalent principal amount of Optional Currency Revolving Credit Loans shall not exceed the Optional Currency Loan Sublimitrequested on such occasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower Borrowers may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Family Dollar Stores Inc)

Revolving Credit Loans. (a) Subject to the terms and conditions hereof (including without limitation SECTION 4.4) of this Agreement, and relying in reliance upon the representations and warranties herein set forthforth herein, each Lender severally agrees to make Revolving Credit Loans in either Dollars or one or more Optional Currencies (such Revolving Credit Loans denominated in Optional Currencies referred to herein as “Optional Currency Loans”) to the Borrower at any time or from time to time on or after from the date hereof to Closing Date to, but not including, the Expiration DateTermination Date as requested by the Borrower in accordance with the terms of SECTION 4.1; provided PROVIDED, that after giving effect to each such Loan (i) the aggregate Dollar Equivalent principal amount of all outstanding Revolving Credit Loans from such Lender shall not exceed such Lender’s Revolving Credit Commitment minus such Lender’s Ratable Share of the outstanding Swing Loans and Letter of Credit Obligations, (iiafter giving effect to any amount requested) the Revolving Facility Usage shall not exceed the Revolving Credit Commitments Commitment LESS the sum of the Lenders(A) all outstanding Swingline Loans and L/C Obligations, (iiiB) no the Liquidity Reserve Amount as of such date and (C) the Blocked Portion as of such date and (ii) the principal amount of outstanding Revolving Credit Loans from any Lender to the Borrower shall not at any time exceed such Lender's Revolving Credit Commitment LESS such Lender's Revolving Credit Commitment Percentage of L/C Obligations and outstanding Swingline Loans. Each Revolving Credit Loan to which the Base Rate Option applies by a Lender shall be made in an Optional Currency, and (iv) a principal amount equal to such Lender's Revolving Credit Commitment Percentage of the aggregate Dollar Equivalent principal amount of Optional Currency Revolving Credit Loans shall not exceed the Optional Currency Loan Sublimitrequested on such occasion. Within such limits of time and amount and subject Subject to the other provisions of this Agreementterms and conditions hereof, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1Revolving Credit Loans hereunder until the Termination Date.

Appears in 1 contract

Samples: Credit Agreement (Suburban Propane Partners Lp)

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