The Commitments and Borrowings Clause Samples

The Commitments and Borrowings. 44 2.01 Loans ......................................................................................................................44 2.02 Borrowings, Conversions and Continuations of Loans ..........................................44 2.03 [Reserved] ...............................................................................................................46 2.04 [Reserved] ......................................................................................................... .....46 2.05 Prepayments ....................................................................................................... ....46 2.06 Termination or Reduction of Commitments ...........................................................47

The Commitments and Borrowings. 2.01 Revolving Commitments 24 §–2.02 Borrowings, Conversions and Continuations of Loans 24 §–2.03 Swing Line Loans 26 §–2.04 Prepayments 28 §–2.05 Termination or Reduction of Aggregate Revolving Commitments 29 §–2.06 Repayment of Loans; Term Out Option 29 §–2.07 Interest 30 §–2.08 Fees 31 §–2.09 Computation of Interest and Fees 31 §–2.10 Evidence of Debt 32 §–2.11 Payments Generally; Administrative Agent’s Clawback 32 §–2.12 Sharing of Payments by Lenders 34 §–2.13 Cash Collateral 34 §–2.14 Defaulting Lenders 35 §–2.15 Additional Revolving Commitments 36 ARTICLE III — TAXES, YIELD PROTECTION AND ILLEGALITY §–3.01 Taxes 37 §–3.02 Illegality 41 §–3.03 Inability to Determine Rates 42 §–3.04 Increased Costs; Reserves on Eurodollar Rate Loans 44 §–3.05 Compensation for Losses 46 §–3.06 Mitigation Obligations; Replacement of Lenders 46 §–3.07 Survival 46

The Commitments and Borrowings. Section 2.01 Revolving Credit Borrowing; Protective Advances 76 Section 2.02 Borrowings, Conversions and Continuations of Loans 78 Section 2.03 Letters of Credit 80 Section 2.04 Swing Line Loans 90 Section 2.05 Prepayments 92 Section 2.06 Termination or Reduction of Commitments 94 Section 2.07 Repayment of Loans 95 Section 2.08 Interest 95 Section 2.09 Fees 96 Section 2.10 Computation of Interest and Fees 96 Section 2.11 Evidence of Indebtedness 97 Section 2.12 Payments Generally 97 Section 2.13 Sharing of Payments 99 Section 2.14 Incremental Credit Extensions 100 Section 2.15 Extensions of Revolving Credit Loans and Revolving Credit Commitments 102 Section 2.16 Defaulting Lenders 106 Section 2.17 Borrower Agent 108 Section 3.01 Taxes 109 Section 3.02 Illegality 113 Section 3.03 Inability to Determine Rates 113

The Commitments and Borrowings. SECTION 2.01 [Reserved].

The Commitments and Borrowings. 2.01 Loans 2.02 Borrowings, Conversions and Continuations of Loans

The Commitments and Borrowings. 99 Section 2.01 The Loans 99 Section 2.02 Borrowings, Conversions and Continuations of Loans 100 Section 2.03 [Reserved] 101 Section 2.04 [Reserved] 101 Section 2.05 Prepayments 101 Section 2.06 Termination or Reduction of Commitments 106 Section 2.07 Repayment of Loans 107 Section 2.08 Interest 107 Section 2.09 Fees 108 Section 2.10 Computation of Interest and Fees 108 Section 2.11 Evidence of Indebtedness 108 Section 2.12 Payments Generally; Administrative Agent’s Clawback 109 Section 2.13 Sharing of Payments 110 Section 2.14 Incremental Facilities 111 Section 2.15 New Incremental Notes 115 Section 2.16 Cash Collateral 115 Section 2.17 Defaulting Lenders 116 Section 2.18 Specified Refinancing Debt 117 Section 2.19 Permitted Debt Exchanges 118 ARTICLE III. Taxes, Increased Costs Protection and Illegality 119 Section 3.01 Taxes 119 Section 3.02 [Reserved] 122 Section 3.03 Illegality 122 Section 3.04 Inability to Determine Rates 123 Section 3.05 Increased Cost and Reduced Return; Capital Adequacy and Liquidity Requirements 123 Section 3.06 Funding Losses 124 Section 3.07 Matters Applicable to All Requests for Compensation 125 i

The Commitments and Borrowings. Section 2.01 Revolving Loans. (a) Tranche 1 Revolving Loan Commitment. During the Revolving Commitment Period applicable to the Tranche 1 Revolving Commitments, subject to the terms and conditions hereof, each Tranche 1 Revolving Lender severally agrees to make revolving loans to the Borrower or any Co-Borrower from time to time on any Business Day in Dollars and/or any Alternative Currency (“Tranche 1 Revolving Loans”) in an aggregate amount (expressed in the Dollar Amount thereof in the case of an Alternative Currency) up to but not exceeding such Tranche 1 Revolving Lender’s Tranche 1 Revolving Commitment; provided, that after giving effect to the making of any Tranche 1 Revolving Loans in no event shall (i) the Total Utilization of Tranche 1 Revolving Commitments exceed the First Out Line Cap and (ii) the Total Utilization of Revolving Commitments exceed the Total Line Cap; provided further that no Tranche 1 Revolving Loans may be made unless the amount of outstanding FILO Loans is equal to or greater than the FILO Loan Cap. Within the foregoing limits and subject to the terms and conditions set forth herein (including the Administrative Agent’s authority, in its sole discretion, to make Protective Advances pursuant to the terms of Section 2.02), amounts borrowed pursuant to this Section 2.01(a)(i) may be repaid and reborrowed during the Revolving Commitment Period. Each Tranche 1 Revolving Lender’s Tranche 1 Revolving Commitment shall expire on the Revolving Commitment Termination Date, and all Tranche 1 Revolving Loans and all other amounts owed hereunder with respect to the Tranche 1 Revolving Loans and the Tranche 1 Revolving Commitments shall be paid in full no later than such date. Tranche 1 Revolving Loans shall be available as either Term Benchmark Loans or Base Rate Loans.

The Commitments and Borrowings. 2.01 Loans. ii)

The Commitments and Borrowings. 2. 01Term Loans5455 2. 02Borrowings; Conversions and Continuations of Loans5455