Common use of Syndicated Loans Clause in Contracts

Syndicated Loans. During its Revolving Credit Period, each Bank severally agrees, on the terms and conditions set forth in this Agreement, to make loans to the Borrower pursuant to this subsection from time to time in amounts such that the aggregate principal amount of Committed Loans by such Bank, together with its Letter of Credit Liabilities and its participating interests in any Unrefunded Swingline Loans, at any one time outstanding shall not exceed the amount of its Commitment. Each Borrowing under this subsection (other than a Swingline Takeout Borrowing) shall be in an aggregate principal amount of $10,000,000 or any larger multiple of $1,000,000 (except that any such Borrowing may be in the aggregate amount available in accordance with Section 3.02(b)) and shall be made from the several Banks ratably in proportion to their respective Commitments in effect on the date of Borrowing; PROVIDED that, if the Interest Period selected by the Borrower for a Borrowing would otherwise end after the Termination Dates of some but not all Banks, the Borrower may in its Notice of Committed Borrowing elect not to borrow from those Banks whose Termination Dates fall prior to the end of such Interest Period. Within the foregoing limits, the Borrower may borrow under this subsection (a), or to the extent permitted by Section 2.12, prepay Loans and reborrow at any time during the Revolving Credit Periods under this subsection (a).

Syndicated Loans. During its Each Revolving Credit Period, each Bank Lender severally agrees, on the terms and conditions set forth in this Agreement, to make loans Revolving Loans to the Borrower pursuant to this subsection SUBSECTION 2.01(a) from time to time prior to the Maturity Date in amounts such that the aggregate of its Revolving Outstandings shall not exceed (after giving effect to all Revolving Loans and Competitive Bid Loans repaid and all Refunded Swingline Loans paid, concurrently with the making of any Revolving Loans) its Revolving Commitment; PROVIDED, that immediately after giving effect to each such Revolving Loan, the aggregate of the Revolving Outstandings plus the aggregate principal amount of Committed Competitive Bid Loans by such Bank, together with its Letter of Credit Liabilities and its participating interests in any Unrefunded Swingline Loans, at any one time outstanding shall not exceed the aggregate amount of its Commitmentthe Revolving Commitments. Each Revolving Borrowing under this subsection (other than a Borrowing to be used to repay Refunded Swingline Takeout BorrowingLoans which shall be in an aggregate amount equal to such Refunded Swingline Loans) shall be in an aggregate principal amount of $10,000,000 5,000,000 or any larger multiple of $1,000,000 (except that any such Borrowing may be in the aggregate amount available in accordance with Section 3.02(b)of the unused Revolving Commitments) and shall be made from the several Banks Revolving Lenders ratably in proportion to their respective Commitments in effect on the date of Borrowing; PROVIDED that, if the Interest Period selected by the Borrower for a Borrowing would otherwise end after the Termination Dates of some but not all Banks, the Borrower may in its Notice of Committed Borrowing elect not to borrow from those Banks whose Termination Dates fall prior to the end of such Interest PeriodRevolving Commitments. Within the foregoing limits, the Borrower may borrow under this subsection (aSUBSECTION 2.01(a), or repay, or, to the extent permitted by Section 2.12SECTION 2.09, prepay prepay, Revolving Loans and reborrow at any time during the Revolving Credit Periods under this subsection (aSUBSECTION 2.01(a).

Syndicated Loans. During its the Revolving Credit Period, Period each Bank Lender severally agrees, on the terms and conditions set forth in this Agreement, to make loans Loans denominated in Dollars or in an Alternative Currency to the any Borrower pursuant to this subsection from time to time in amounts such that (i) such Lender’s Outstanding Committed Amount shall not exceed its Commitment and (ii) the aggregate principal amount of Committed Loans by such Bank, together with its Letter of Credit Liabilities and its participating interests in any Unrefunded Swingline Loans, at any one time outstanding Total Outstanding Amount shall not exceed the aggregate amount of its Commitmentthe Commitments. Each Borrowing under this subsection (other than a Swingline Takeout Borrowing) shall be in an a minimum aggregate principal amount Dollar Amount of $10,000,000 or any larger 5,000,000 and, in the case of a Dollar-Denominated Borrowing, a multiple of $1,000,000 (except that any such Borrowing may be in the aggregate amount available to the Borrowers in accordance with Section 3.02(b)3.03 and any such Borrowing pursuant to Section 2.16(a) or Section 2.18(a) may be in the amount specified therein) and shall be made from the several Banks Lenders ratably in proportion to their respective Commitments in effect on the date of Borrowing; PROVIDED that, if the Interest Period selected by the Borrower for a Borrowing would otherwise end after the Termination Dates of some but not all Banks, the Borrower may in its Notice of Committed Borrowing elect not to borrow from those Banks whose Termination Dates fall prior to the end of such Interest PeriodCommitments. Within the foregoing limits, the Borrower may borrow under this subsection (a)Section, repay or to the extent permitted by Section 2.12, prepay Loans and reborrow at any time during the Revolving Credit Periods Period under this subsection Section. Each Lender may, at its option, make any Loan available to any Foreign Eligible Subsidiary by causing any foreign or domestic branch or Affiliate of such Lender to make such Loan; provided that (a)i) such designation and Loan does not, in and of itself, subject the Borrowers to greater costs pursuant to Article 8 than would have been payable if such Lender made such Loan directly and (ii) any exercise of such option shall not affect the obligation of such Foreign Eligible Subsidiary to repay such Loan in accordance with the terms of this Agreement.

Syndicated Loans. During its Each Revolving Credit Period, each Bank Lender severally agrees, on the terms and conditions set forth in this Agreement, to the continuation and reallocation (as the case may be) of Existing Revolving Loans and to make loans Revolving Loans to the Borrower pursuant to this subsection 2.01(a) from time to time prior to the Maturity Date in amounts such that the aggregate of its Revolving Outstandings shall not exceed (after giving effect to all Revolving Loans and Competitive Bid Loans repaid, all reimbursements of LC Disbursements made, and all Refunded Swingline Loans paid, concurrently with the making of any Revolving Loans) its Revolving Commitment; provided that immediately after giving effect to each such Revolving Loan, the aggregate of the Revolving Outstandings plus the aggregate principal amount of Committed all Competitive Bid Loans by such Bank, together with its Letter of Credit Liabilities and its participating interests in any Unrefunded Swingline Loans, at any one time outstanding shall not exceed the aggregate amount of its Commitmentthe Revolving Commitments. Each Revolving Borrowing under this subsection (other than a Borrowing to be used to repay Refunded Swingline Takeout BorrowingLoans which shall be in an aggregate amount equal to such Refunded Swingline Loans) shall be in an aggregate principal amount of $10,000,000 5,000,000 or any larger multiple of $1,000,000 (except that any such Borrowing may be in the aggregate amount available in accordance with Section 3.02(b)of the unused Revolving Commitments) and shall be made from the several Banks Revolving Lenders ratably in proportion to their respective Commitments in effect on the date of Borrowing; PROVIDED that, if the Interest Period selected by the Borrower for a Borrowing would otherwise end after the Termination Dates of some but not all Banks, the Borrower may in its Notice of Committed Borrowing elect not to borrow from those Banks whose Termination Dates fall prior to the end of such Interest PeriodRevolving Commitments. Within the foregoing limits, the Borrower may borrow under this subsection (a2.01(a), or repay, or, to the extent permitted by Section 2.122.10, prepay prepay, Revolving Loans and reborrow at any time during the Revolving Credit Periods under this subsection (a2.01(a).

Syndicated Loans. During its Each Revolving Credit Period, each Bank Lender severally agrees, on the terms and conditions set forth in this Agreement, to make loans Revolving Loans denominated in Dollars or Available Alternative Currencies to the Borrower pursuant to this subsection 2.01(a) from time to time prior to the Maturity Date in amounts such that the aggregate principal amount Dollar Amount of Committed its Revolving Outstandings shall not exceed (after giving effect to all Revolving Loans by repaid, all reimbursements of LC Disbursements made, and all Refunded Swingline Loans paid, concurrently with the making of any Revolving Loans) its Revolving Commitment; provided that, immediately after giving effect to each such BankRevolving Loan, together with its Letter the aggregate Dollar Amount of Credit Liabilities and its participating interests in any Unrefunded Swingline Loans, at any one time outstanding the Revolving Outstandings shall not exceed the aggregate amount of its Commitmentthe Revolving Commitments. Each Revolving Borrowing under this subsection (other than a Borrowing to be used to repay Refunded Swingline Takeout BorrowingLoans which shall be in an aggregate amount equal to such Refunded Swingline Loans) shall be in an aggregate principal amount Dollar Amount of $10,000,000 2,000,000 or any larger multiple of $1,000,000 (except that any such Borrowing may be in the aggregate amount available in accordance with Section 3.02(b)of the unused Revolving Commitments) and shall be made from the several Banks Revolving Lenders ratably in proportion to their respective Commitments in effect on the date of Borrowing; PROVIDED that, if the Interest Period selected by the Borrower for a Borrowing would otherwise end after the Termination Dates of some but not all Banks, the Borrower may in its Notice of Committed Borrowing elect not to borrow from those Banks whose Termination Dates fall prior to the end of such Interest PeriodRevolving Commitments. Within the foregoing limits, the Borrower may borrow under this subsection (a2.01(a), or repay, or, to the extent permitted by Section 2.122.10, prepay prepay, Revolving Loans and reborrow at any time during the Revolving Credit Periods under this subsection (a2.01(a).

Syndicated Loans. During its Each Revolving Credit Period, each Bank Lender severally agrees, on the terms and conditions set forth in this Agreement, to make loans Revolving Loans denominated in Dollars or Available Alternative Currencies to the Borrower Borrowers pursuant to this subsection Section 2.01(a) from time to time prior to the Maturity Date in amounts such that the aggregate principal amount Dollar Amount of Committed its Revolving Outstandings shall not exceed (after giving effect to all Revolving Loans by repaid, all reimbursements of LC Disbursements made, and all Refunded Swingline Loans paid, concurrently with the making of any Revolving Loans) its Revolving Commitment; provided that, immediately after giving effect to each such BankRevolving Loan, together with its Letter the aggregate Dollar Amount of Credit Liabilities and its participating interests in any Unrefunded Swingline Loans, at any one time outstanding the Revolving Outstandings shall not exceed the aggregate amount of its Commitmentthe Revolving Commitments. Each Revolving Borrowing under this subsection (other than a Borrowing to be used to repay Refunded Swingline Takeout BorrowingLoans which shall be in an aggregate amount equal to such Refunded Swingline Loans) shall be in an aggregate principal amount Dollar Amount of $10,000,000 2,000,000 or any larger multiple of $1,000,000 (except that any such Borrowing may be in the aggregate amount available in accordance with Section 3.02(b)of the unused Revolving Commitments) and shall be made from the several Banks Revolving Lenders ratably in proportion to their respective Commitments in effect on the date of Borrowing; PROVIDED that, if the Interest Period selected by the Borrower for a Borrowing would otherwise end after the Termination Dates of some but not all Banks, the Borrower may in its Notice of Committed Borrowing elect not to borrow from those Banks whose Termination Dates fall prior to the end of such Interest PeriodRevolving Commitments. Within the foregoing limits, the Borrower Borrowers may borrow under this subsection (aSection 2.01(a), or repay, or, to the extent permitted by Section 2.122.10, prepay prepay, Revolving Loans and reborrow at any time during the Revolving Credit Periods under this subsection (aSection 2.01(a).

Syndicated Loans. During its Each Revolving Credit Period, each Bank Lender severally agrees, on the terms and conditions set forth in this Agreement, to make loans Revolving Loans to the Borrower pursuant to this subsection SUBSECTION 2.01(a) from time to time prior to the Maturity Date in amounts such that the aggregate of its Revolving Outstandings shall not exceed (after giving effect to all Revolving Loans and Competitive Bid Loans repaid, all reimbursements of LC Disbursements made, and all Refunded Swingline Loans paid, concurrently with the making of any Revolving Loans) its Revolving Commitment; PROVIDED, that immediately after giving effect to each such Revolving Loan, the aggregate of the Revolving Outstandings plus the aggregate principal amount of Committed all Competitive Bid Loans by such Bank, together with its Letter of Credit Liabilities and its participating interests in any Unrefunded Swingline Loans, at any one time outstanding shall not exceed the aggregate amount of its Commitmentthe Revolving Commitments. Each Revolving Borrowing under this subsection (other than a Borrowing to be used to repay Refunded Swingline Takeout BorrowingLoans which shall be in an aggregate amount equal to such Refunded Swingline Loans) shall be in an aggregate principal amount of $10,000,000 5,000,000 or any larger multiple of $1,000,000 (except that any such Borrowing may be in the aggregate amount available in accordance with Section 3.02(b)of the unused Revolving Commitments) and shall be made from the several Banks Revolving Lenders ratably in proportion to their respective Commitments in effect on the date of Borrowing; PROVIDED that, if the Interest Period selected by the Borrower for a Borrowing would otherwise end after the Termination Dates of some but not all Banks, the Borrower may in its Notice of Committed Borrowing elect not to borrow from those Banks whose Termination Dates fall prior to the end of such Interest PeriodRevolving Commitments. Within the foregoing limits, the Borrower may borrow under this subsection (aSUBSECTION 2.01(a), or repay, or, to the extent permitted by Section 2.12SECTION 2.10, prepay prepay, Revolving Loans and reborrow at any time during the Revolving Credit Periods under this subsection (aSUBSECTION 2.01(a).

Syndicated Loans. During its Revolving the Credit Period, Availability Period each Bank severally agrees, on the terms and conditions set forth in this Agreement, to make loans to the Borrower pursuant to this subsection (a) from time to time in amounts such that the sum of (x) the aggregate principal amount of Committed Syndicated Loans by such Bank plus (y) such Bank, together with its Letter 's Syndicated Commitment Percentage of Credit Liabilities and its participating interests in any Unrefunded the aggregate principal amount of Swingline Loans, Loans plus (z) such Bank's LC Exposure at any one time outstanding shall not exceed the amount of its Syndicated Commitment; provided that in no event shall the Swingline Bank be obligated to make any loan hereunder if, after making such loan and giving effect to the application of any funds made available at such time to prepay or repay any outstanding Swingline Loan, the sum of (A) the aggregate principal amount of Syndicated Loans and Swingline Loans by the Swingline Bank and (B) the Swingline Bank's LC Exposure at such time outstanding exceeds the amount of its Syndicated Commitment. Each Borrowing under this subsection (other than a Swingline Takeout Borrowinga) shall be in an aggregate principal amount of $10,000,000 5,000,000 or any larger multiple of $1,000,000 100,000 (except that any such Borrowing may be in the aggregate amount available in accordance with Section 3.02(b3.02(a)) and shall be made from the several Banks ratably in proportion to their respective Commitments in effect on the date of Borrowing; PROVIDED that, if the Interest Period selected by the Borrower for a Borrowing would otherwise end after the Termination Dates of some but not all Banks, the Borrower may in its Notice of Committed Borrowing elect not to borrow from those Banks whose Termination Dates fall prior to the end of such Interest PeriodSyndicated Commitments. Within the foregoing limits, the Borrower may borrow under this subsection (a), repay, or to the extent permitted by Section 2.12, prepay Loans and reborrow at any time during the Revolving Credit Periods Availability Period under this subsection (a).