Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, PNC Bank may, at its option, cancelable at any time for any reason whatsoever, make swing loans (the “Swing Loans”) to the Borrower at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $10,000,000 (the “Swing Loan Commitment”), provided that the Revolving Facility Usage shall not exceed the lesser of the Revolving Credit Commitments or the Borrowing Base. 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 2.1.2.
Appears in 3 contracts
Samples: Intercompany Subordination Agreement (Under Armour, Inc.), Intercompany Subordination Agreement (Under Armour, Inc.), Intercompany Subordination Agreement (Under Armour, Inc.)
Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, PNC Bank may, at its option, cancelable at any time for any reason whatsoever, make swing loans (the “Swing Loans”) to the Borrower at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $10,000,000 50,000,000 (the “Swing Loan Commitment”), provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the lesser of the Revolving Credit Commitments or the Borrowing BaseCommitments. 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 2.1.2.
Appears in 3 contracts
Samples: Credit Agreement (CONSOL Energy Inc), Joinder and Assumption Agreement (CONSOL Energy Inc), Credit Agreement (CONSOL Energy Inc)
Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, PNC Bank may, at its option, cancelable at any time upon notice to the Borrowing Agent for any reason whatsoever, make swing loans (the “Swing Loans”) to the Borrower Revolver Borrowers at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $10,000,000 (the “Swing Loan Commitment”)5,000,000, provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the lesser of the Revolving Credit Commitments or the Borrowing BaseCommitments. Within such limits of time and amount and subject to the other provisions of this Agreement, the Borrower Revolver Borrowers may borrow, repay and reborrow pursuant to this Section 2.1.2.
Appears in 3 contracts
Samples: Security Agreement (Armstrong Resource Partners, L.P.), Security Agreement (Armstrong Energy, Inc.), Credit Agreement (Armstrong Energy, Inc.)
Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, PNC Bank may, at its option, cancelable at any time for any reason whatsoever, make swing loans in Dollars (the “Swing Loans”) to the Borrower Domestic Borrowers at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $10,000,000 (the “Swing Loan Commitment”), provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the lesser of the aggregate Revolving Credit Commitments or of the Borrowing BaseLenders. Within such limits of time and amount and subject to the other provisions of this Agreement, the Borrower Domestic Borrowers may borrow, repay and reborrow pursuant to this Section 2.1.22.1.2 [Swing Loan Commitment].
Appears in 3 contracts
Samples: Credit Agreement (Stoneridge Inc), Credit Agreement (Stoneridge Inc), Credit Agreement (Stoneridge Inc)
Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, PNC Bank may, at its option, cancelable at any time for any reason whatsoever, make swing loans (the “Swing Loans”) to the Borrower at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $10,000,000 (the “Swing Loan Commitment”), provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the lesser of the Revolving Credit Commitments or the Borrowing BaseCommitments. 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 2.1.2.
Appears in 3 contracts
Samples: Credit Agreement (Spartech Corp), Credit Agreement (Om Group Inc), Credit Agreement (Nacco Industries Inc)
Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, PNC Bank may, at its option, cancelable at any time for any reason whatsoever, make swing loans in Dollars (the “Swing Loans”) to the Borrower Borrowers at any time or from time to time after the date hereof to, but not including, the Expiration Maturity Date, in an aggregate principal amount up to but not in excess of $10,000,000 (50,000,000 in the “Swing Loan Commitment”), aggregate outstanding at any time ; provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the lesser of the aggregate Revolving Credit Commitments or of the Borrowing BaseLenders. 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 2.1.22.1.3.
Appears in 2 contracts
Samples: Credit Agreement (Steel Partners Holdings L.P.), Credit Agreement (Steel Partners Holdings L.P.)
Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, PNC Bank may, at its option, cancelable at any time for any reason whatsoever, make swing loans in Dollars (the “Swing Loans”) to the Borrower at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $10,000,000 (the “Swing Loan Commitment”)20,000,000, provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the lesser of the aggregate Revolving Credit Commitments or of the Borrowing BaseLenders. 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 2.1.2.
Appears in 2 contracts
Samples: Credit Agreement (Sun Hydraulics Corp), Security Agreement (Koppers Holdings Inc.)
Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, PNC Bank the Swing Lender may, at its option, cancelable at any time for any reason whatsoeverwhatsoever in its sole discretion, make swing loans (the “Swing Loans”) to the Borrower Borrowers at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $10,000,000 (the “Swing Loan Commitment”)35,000,000, provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the lesser of the Revolving Credit Commitments or the Borrowing BaseCommitments. 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 2.1.2.
Appears in 2 contracts
Samples: Credit Agreement (Cincinnati Financial Corp), Credit Agreement (Cincinnati Financial Corp)
Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, PNC Bank may, at its option, cancelable at any time for any reason whatsoever, make swing loans (the “Swing Loans”) to the Borrower Borrowers at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of Seven Million and 00/100 Dollars ($10,000,000 (the “Swing Loan Commitment”7,000,000.00), provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the lesser of (a) the Revolving Credit Commitments or and (b) the Borrowing Base. 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 2.1.2.
Appears in 2 contracts
Samples: Credit Agreement (Universal Stainless & Alloy Products Inc), Credit Agreement (Universal Stainless & Alloy Products Inc)
Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, PNC Bank may, at its option, cancelable at any time for any reason whatsoever, make swing loans (the “"Swing Loans”") to the Borrower Borrowers at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $10,000,000 15,000,000 (the “"Swing Loan Commitment”"), provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the lesser of the Revolving Credit Commitments or the Borrowing BaseCommitments. 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 2.1.2.
Appears in 2 contracts
Samples: Assignment and Assumption Agreement (Finish Line Inc /In/), Credit Agreement (Finish Line Inc /In/)
Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, PNC Bank may, at its option, be cancelable at any time for any reason whatsoever, make swing loans in Dollars (the “Swing Loans”) to the Borrower Borrowers at any time or from time to time after the date hereof to, but not including, the Expiration Final Maturity Date, in an aggregate principal amount up to but not in excess of $10,000,000 (the “Swing Loan Commitment”)7,500,000, provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the lesser of the aggregate Revolving Credit Commitments or of the Borrowing BaseLenders. 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 2.1.22.01(b).
Appears in 1 contract
Samples: Credit Agreement (Funko, Inc.)
Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, PNC Bank may, at its option, cancelable at any time for any reason whatsoever, make swing loans (the “Swing Loans”) to the Borrower Borrowers at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $10,000,000 5,000,000 (the “Swing Loan Commitment”), provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the lesser of the Revolving Credit Commitments or the Borrowing BaseCommitments. 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 2.1.2.
Appears in 1 contract
Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, PNC Bank may, at its option, be cancelable at any time for any reason whatsoever, make swing loans in Dollars (the “Swing Loans”) to the Borrower Borrowers at any time or from time to time after the date hereof to, but not including, the Expiration Final Maturity Date, in an aggregate principal amount up to but not in excess of $10,000,000 (the “Swing Loan Commitment”)5,000,000, provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the lesser of the aggregate Revolving Credit Commitments or of the Borrowing BaseLenders. 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 2.1.22.01(b).
Appears in 1 contract
Samples: Credit Agreement (Funko, Inc.)
Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, PNC Bank the Swing Loan Lender may, at its option, cancelable at any time for any reason whatsoever, make swing loans (the “Swing Loans”) to the Borrower at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $10,000,000 (the “Swing Loan Commitment”)50,000,000, provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the lesser of the aggregate Revolving Credit Commitments or of the Borrowing BaseLenders. 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 2.1.2.
Appears in 1 contract
Swing Loan Commitment. Subject to the terms and conditions hereof including Section 2.4.2 and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, PNC Bank may, may at its option, cancelable at any time for any reason whatsoever, option make swing loans (the “Swing Loans”) to the Borrower at any time or from time to time after the date hereof Loan Reduction Date to, but not including, the Revolving Credit Expiration Date, in an aggregate principal amount up to but not in excess of $10,000,000 5,000,000 (the “Swing Loan Commitment”), provided that after giving effect to such Swing Loans the Revolving Facility Usage shall not exceed the lesser of the Revolving Credit Commitments or the Borrowing BaseCommitments. Within such limits of time and amount and subject to the other provisions of this Agreement, the Borrower may borrow, repay and reborrow borrow again pursuant to this Section 2.1.2.
Appears in 1 contract
Samples: Credit Agreement (Blair Corp)
Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, PNC Bank may, at its option, cancelable at any time for any reason whatsoever, make swing loans in Dollars (the “Swing Loans”) to the Borrower Borrowers at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $10,000,000 15,000,000 (the “Swing Loan Commitment”), provided that after giving effect to each such Loan, the Revolving Facility Usage shall not exceed the lesser of the Revolving Credit Commitments or the Borrowing Base. Within such limits of time Commitments; and amount and subject to the other provisions of this Agreement, the Borrower may borrow, repay and reborrow pursuant to this Section 2.1.2.provided further that a Swing
Appears in 1 contract
Samples: Credit Agreement (Foster L B Co)
Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, PNC Bank the Swing Loan Lender may, at its option, cancelable at any time for any reason whatsoever, make swing loans in Dollars (the “"Swing Loans”") to the Borrower at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $10,000,000 (the “Swing Loan Commitment”)30,000,000, provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the lesser of the aggregate Revolving Credit Commitments or of the Borrowing BaseLenders. 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 2.1.2.
Appears in 1 contract
Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, PNC Bank may, at its option, cancelable at any time for any reason whatsoever, make swing loans in Dollars (the “"Swing Loans”") to the Borrower at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $10,000,000 (the “Swing Loan Commitment”)20,000,000, provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the lesser of the aggregate Revolving Credit Commitments or of the Borrowing BaseLenders. 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 2.1.2.
Appears in 1 contract
Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, PNC Bank may, at its option, cancelable at any time for any reason whatsoever, make swing loans (the “Swing Loans”) to the Borrower at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $10,000,000 (the “Swing Loan Commitment”)25,000,00055,000,000, provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the lesser of the aggregate Revolving Credit Commitments or of the Borrowing BaseLenders. 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 2.1.2.
Appears in 1 contract
Samples: Credit Agreement and Security Agreement (Paylocity Holding Corp)
Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, PNC the Swing Loan Bank may, at its option, cancelable at any time for any reason whatsoever, make swing loans in Dollars (the “"Swing Loans”") to the Borrower Borrowers at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $10,000,000 (the “Swing Loan Commitment”), provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the lesser of the aggregate Revolving Credit Commitments or of the Borrowing BaseBanks. 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 2.1.2.. 2.2
Appears in 1 contract
Samples: Credit Agreement (Big Lots Inc)
Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, PNC Bank the Swing Loan Lender may, at its option, cancelable at any time for any reason whatsoever, make swing loans (the “Swing Loans”) to the Borrower Borrowers at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $10,000,000 10,000,000.00 (the “Swing Loan Commitment”), provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the lesser of the aggregate Revolving Credit Commitments or of the Borrowing BaseLenders. 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 2.1.2.
Appears in 1 contract
Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, PNC Bank the Swingline Lender may, at its option, cancelable at any time for any reason whatsoever, make swing loans (the “Swing Loans”) to the Borrower at any time or from time to time after the date hereof to, but not including, the Expiration Maturity Date, in an aggregate principal amount up to but not in excess of $10,000,000 (the “Swing Loan Commitment”), provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the lesser of the aggregate Revolving Credit Commitments or of the Borrowing BaseLenders. 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 2.1.2.
Appears in 1 contract
Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, PNC Bank the Swing Loan Lender may, at its option, cancelable at any time for any reason whatsoever, make swing loans in Dollars (the “Swing Loans”) to the Borrower at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $10,000,000 (the “Swing Loan Commitment”)25,000,000, provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the lesser of the aggregate Revolving Credit Commitments or of the Borrowing BaseLenders. 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 2.1.2.
Appears in 1 contract
Samples: Assignment and Assumption Agreement (Koppers Holdings Inc.)
Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, PNC Bank may, at its option, cancelable at any time for any reason whatsoever, make swing loans (the “Swing Loans”) to the Borrower Borrowers at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of Seven Million and 00/100 Dollars ($10,000,000 (the “Swing Loan Commitment”7,000,000.00), provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the lesser of the Revolving Credit Commitments or the Borrowing BaseCommitments. 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 2.1.2.
Appears in 1 contract
Samples: Credit Agreement (Universal Stainless & Alloy Products Inc)
Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, PNC Bank may, at its option, be cancelable at any time for any reason whatsoever, make swing loans in Dollars (the “Swing Loans”) to the Borrower Borrowers at any time or from time to time after the date hereof to, but not including, the Expiration Final Maturity Date, in an aggregate principal amount up to but not in excess of $10,000,000 (the “Swing Loan Commitment”)5,000,0007,500,000, provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the lesser of the aggregate Revolving Credit Commitments or of the Borrowing BaseLenders. 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 2.1.22.01(b).
Appears in 1 contract
Samples: Credit Agreement (Funko, Inc.)
Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, PNC Bank may, at its option, cancelable at any time for any reason whatsoever, make swing loans in Dollars (the “"Swing Loans”") to the Borrower at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $10,000,000 (the “Swing Loan Commitment”)10,000,000.00, provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the lesser of the aggregate Revolving Credit Commitments or of the Borrowing BaseLenders. 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 2.1.2.
Appears in 1 contract
Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, PNC Bank the Swing Loan Lender may, at its option, cancelable at any time for any reason whatsoever, make swing loans (the “Swing Loans”) to the Borrower at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $10,000,000 (the “Swing Loan Commitment”), ; provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the lesser of the Revolving Credit Commitments or and the Borrowing Base. 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 2.1.2.
Appears in 1 contract
Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, PNC Bank Swing Loan Lender may, at its option, cancelable at any time for any reason whatsoever, make swing loans in Dollars (the “Swing Loans”) to the Borrower at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $10,000,000 (the “Swing Loan Commitment”), provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the lesser of the Revolving Credit Commitments or the Borrowing BaseCommitments. Within such limits of time and amount and subject to the other provisions of this Agreement, the Borrower may borrow, repay and reborrow re-borrow pursuant to this Section 2.1.2.
Appears in 1 contract
Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, PNC Bank may, at its option, cancelable at any time for any reason whatsoever, make swing loans (the “"Swing Loans”") to the Borrower at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $10,000,000 15,000,000 (the “"Swing Loan Commitment”"), provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the lesser of the Revolving Credit Commitments or the Borrowing BaseCommitments. 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 2.1.2.
Appears in 1 contract
Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, PNC Bank may, at its option, cancelable at any time for any reason whatsoever, make swing loans in Dollars (the “"Swing Loans”") to the Borrower Borrowers at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $10,000,000 (the “Swing Loan Commitment”), provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the lesser of the Revolving Credit Commitments or the Borrowing BaseCommitments. 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 2.1.22.1.2 [Swing Loan Commitment].
Appears in 1 contract
Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, PNC the Swing Loan Bank may, at its option, cancelable at any time for any reason whatsoever, make swing loans in Dollars (the “"Swing Loans”") to the Borrower Borrowers at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $10,000,000 (the “Swing Loan Commitment”), provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the lesser of the aggregate Revolving Credit Commitments or of the Borrowing BaseBanks. 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 2.1.2.
Appears in 1 contract
Samples: Credit Agreement (Big Lots Inc)
Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, PNC Bank Swing Loan Lender may, at its option, cancelable at any time for any reason whatsoever, make swing loans (the “"Swing Loans”") to the Borrower at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $10,000,000 (the “Swing Loan Commitment”), provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the lesser of the Revolving Credit Commitments or the Borrowing BaseCommitments. 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 2.1.2.
Appears in 1 contract
Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, PNC Bank the Swing Loan Lender may, at its option, cancelable at any time for any reason whatsoever, make swing loans (the “"Swing Loans”") to the Borrower Borrowers at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $10,000,000 10,000,000.00 (the “"Swing Loan Commitment”"), provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the lesser of the aggregate Revolving Credit Commitments or of the Borrowing BaseLenders. 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 2.1.2.
Appears in 1 contract
Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, PNC Bank may, at its option, cancelable at any time for any reason whatsoever, make swing loans (the “Swing Loans”) to the Borrower Company at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $10,000,000 20,000,000 (the “Swing Loan Commitment”), provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the lesser of the Revolving Credit Commitments or the Borrowing BaseCommitments. Within such limits of time and amount and subject to the other provisions of this Agreement, the Borrower Company may borrow, repay and reborrow pursuant to this Section 2.1.2.
Appears in 1 contract
Samples: Refinancing Credit Agreement (Westinghouse Air Brake Technologies Corp)
Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, PNC Bank Swing Loan Lender may, at its option, cancelable at any time for any reason whatsoever, make swing loans (the “"Swing Loans”") to the Borrower at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $10,000,000 20,000,000 (the “"Swing Loan Commitment”"), provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the lesser of the Revolving Credit Commitments or the Borrowing BaseCommitments. 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 2.1.2.
Appears in 1 contract
Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, PNC Bank may, at its option, cancelable at any time for any reason whatsoever, make swing loans (the “"Swing Loans”") to the Borrower Borrowers at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $10,000,000 5,000,000 (the “"Swing Loan Commitment”"), provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the lesser of the Revolving Credit Commitments or the Borrowing BaseCommitments. 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 2.1.2.
Appears in 1 contract
Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, PNC Bank the Swing Lender may, at its option, cancelable at any time for any reason whatsoeverwhatsoever in its sole discretion, make swing loans (the “Swing Loans”) to the Borrower Borrowers at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $10,000,000 (the “Swing Loan Commitment”)35,000,000, provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the lesser of the Revolving Credit Commitments or the Borrowing BaseCommitments. 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 2.1.2.. 2.2
Appears in 1 contract
Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, PNC Bank may, at its option, cancelable at any time for any reason whatsoever, make swing loans in Dollars (the “Swing Loans”) to the Borrower Domestic Borrowers at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $10,000,000 (the “Swing Loan Commitment”), provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the lesser of the aggregate Revolving Credit Commitments or of the Borrowing BaseLenders. 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 2.1.2.,
Appears in 1 contract
Samples: Credit Agreement (Stoneridge Inc)
Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, PNC Bank the Swing Loan Lender may, at its option, cancelable at any time for any reason whatsoever, make swing loans (the “Swing Loans”) to the Borrower at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $10,000,000 (the “Swing Loan Commitment”)60,000,000, provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the lesser of the Revolving Credit Commitments or the Borrowing BaseCommitments. 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 2.1.2.
Appears in 1 contract
Samples: Credit Agreement (Arch Coal Inc)
Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, PNC Bank the Swing Loan Lender may, at its option, cancelable at any time for any reason whatsoever, make swing loans in Dollars (the “Swing Loans”) to the Borrower at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $10,000,000 (the “Swing Loan Commitment”)30,000,000, provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the lesser of the aggregate Revolving Credit Commitments or of the Borrowing BaseLenders. 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 2.1.2.
Appears in 1 contract
Swing Loan Commitment. Subject to the terms and conditions hereof and relying upon the representations and warranties herein set forth, and in order to facilitate loans and repayments between Settlement Dates, PNC Bank may, at its option, cancelable at any time for any reason whatsoever, make swing loans in Dollars (the “"Swing Loans”") to the Borrower at any time or from time to time after the date hereof to, but not including, the Expiration Date, in an aggregate principal amount up to but not in excess of $10,000,000 (the “Swing Loan Commitment”)15,000,000, provided that after giving effect to such Loan, the Revolving Facility Usage shall not exceed the lesser of the aggregate Revolving Credit Commitments or of the Borrowing BaseLenders. 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 2.1.2.. 2.2
Appears in 1 contract