Common use of Revolving Loan Commitments Clause in Contracts

Revolving Loan Commitments. During the Revolving Loan Commitment Period, subject to the terms and conditions hereof, each Lender severally agrees to make Revolving Loans to Borrower Representative in an aggregate principal amount at any time outstanding that will not (subject to the provisions of Section 9.9) result in such Lender’s Revolving Exposure exceeding the lesser of (i) such Lender’s Revolving Loan Commitment and (ii) such Lender’s Pro Rata Share multiplied by the Borrowing Base. Subject to the other terms and conditions of this Agreement, amounts borrowed pursuant to this Section 2.1(a) may be repaid and reborrowed during the Revolving Loan Commitment Period. Each Lender’s Revolving Loan Commitment shall expire on the Revolving Loan Commitment Termination Date and all Revolving Loans and all other amounts owed hereunder with respect to the Revolving Loans and the Revolving Loan Commitments shall be paid in full no later than such date.

Revolving Loan Commitments. During the Revolving Loan Commitment Period, subject to the terms and conditions hereof, each Lender severally agrees to make Revolving Loans to Borrower Representative in an aggregate principal amount at any time outstanding that will not (subject to the provisions of Section 9.9) result in such Lender’s Revolving Exposure exceeding the lesser of (i) such Lender’s Revolving Loan Commitment and (ii) such Lender’s Pro Rata Share multiplied by the Borrowing Base. Subject to the other terms and conditions of this Agreement, amounts borrowed pursuant each Revolving Lender hereby severally agrees to this Section 2.1(a) may be repaid and reborrowed make loans (each a “Revolving Loan”), to the Borrower from time to time on any Business Day during the Availability Period in an aggregate principal amount not to exceed at any time such Revolving Loan Commitment Period. Each Lender’s Pro Rata Share of the lesser of (i) ten million Dollars ($10,000,000) or (ii) the Available Commitments; provided that such aggregate principal amount does not result in such Revolving Lender’s Pro Rata Share of the Aggregate Revolving Exposure exceeding such Revolving Lender’s Revolving Loan Commitment as of such date or the Aggregate Revolving Exposure of all Revolving Lenders exceeding the Total Revolving Commitment of all Revolving Lenders; provided further that no Revolving Loans shall expire be made on the Revolving Closing Date. Within the foregoing limits, upon the terms of this Agreement and the other Loan Commitment Termination Date Documents and all Revolving Loans and all other amounts owed hereunder with respect subject to the conditions set forth in Section 4.02, from time to time prior to the Maturity Date, the Borrower may borrow, prepay and reborrow Revolving Loans and the Revolving Loan Commitments shall be paid in full no later than such dateLoans.

Revolving Loan Commitments. During the Revolving Loan Commitment Period, subject to the terms and conditions hereofof this Agreement, each Lender severally agrees to make Revolving Loans to Borrower Representative in an aggregate principal amount at any time outstanding that will up to but not (subject to the provisions of Section 9.9) result in such Lender’s Revolving Exposure exceeding the lesser of (i) such Lender’s Revolving Loan Commitment and (ii) such Lender’s Pro Rata Share multiplied by the Borrowing Base. Subject Commitment, so long as after giving effect to the other terms and conditions making of this Agreement, amounts any Revolving Loans in no event will the Total Utilization of Revolving Loan Commitments exceed the Revolving Loan Commitments then in effect. Amounts borrowed pursuant to under this Section 2.1(a2.2(a) may be repaid and reborrowed during the Revolving Loan Commitment Period. Each Lender’s Revolving Loan Commitment shall will expire on the Revolving Loan Commitment Termination Date and (i) all Revolving Loans and (ii) other than contingent obligations as to which no claim or demand has been made, all other amounts owed hereunder under this Agreement with respect to the Revolving Loans and the Revolving Loan Commitments shall will be paid in full no later than such date.