Common use of The Commitments Clause in Contracts

The Commitments. Subject to the terms and conditions set forth herein, each Lender agrees to make Loans to the Borrower from time to time during the Availability Period in an aggregate principal amount that will not result in (a) such Lender’s Revolving Credit Exposure exceeding such Lender’s Commitment, (b) the aggregate Revolving Credit Exposure of all of the Lenders exceeding the aggregate Commitments or (c) the total Covered Debt Amount exceeding the Borrowing Base then in effect. Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrower may borrow, prepay and reborrow Loans.

Appears in 12 contracts

Samples: Senior Secured (THL Credit, Inc.), Secured Revolving Credit Agreement (MONROE CAPITAL Corp), Senior Secured Revolving Credit Agreement (Capital Southwest Corp)

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The Commitments. Subject to the terms and conditions set forth herein, each Lender agrees to make Syndicated Loans in Dollars or in any Agreed Foreign Currency to the Borrower Borrowers from time to time during the Availability Period in an aggregate principal amount that will not result in (a) such Lender’s 's Revolving Credit Exposure exceeding such Lender’s Commitment, 's Commitment or (b) the aggregate sum of the total Revolving Credit Exposure Exposures plus the aggregate principal amount of all of the Lenders outstanding Competitive Loans exceeding the aggregate Commitments or (c) the total Covered Debt Amount exceeding the Borrowing Base then in effectCommitments. Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrower Borrowers may borrow, prepay and reborrow Syndicated Loans.

Appears in 3 contracts

Samples: Credit Agreement (International Paper Co /New/), Credit Agreement (International Paper Co /New/), 364 Day Credit Agreement (International Paper Co /New/)

The Commitments. Subject to the terms and conditions set forth herein, each Lender agrees to make Loans loans (each such loan, a "Revolving Loan") to the Borrower -------------- from time to time on any Business Day during the Availability Period in an aggregate principal amount that will not result in (ai) such Lender’s 's Revolving Credit Exposure (after giving effect to such Revolving Loans) exceeding such Lender’s Commitment, 's Commitment or (bii) the aggregate sum of the Revolving Credit Exposure Exposures of all of the Lenders exceeding the aggregate Commitments or (c) the total Covered Debt Amount exceeding the Borrowing Base then in effectCommitments. Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrower may borrow, prepay and reborrow Revolving Loans.

Appears in 3 contracts

Samples: Credit Agreement (Nevada Power Co), Credit Agreement (Nevada Power Co), Credit Agreement (Nevada Power Co)

The Commitments. Subject to the terms and conditions set forth herein, each Lender agrees to make Syndicated Loans in Dollars or in any Agreed Foreign Currency to the Borrower Borrowers from time to time during the Availability Period in an aggregate principal amount that will not result in (ai) such Lender’s 's Revolving Credit Exposure exceeding such Lender’s Commitment, 's Commitment or (bii) the aggregate sum of the total Revolving Credit Exposure Exposures plus the aggregate principal amount of all of the Lenders outstanding Competitive Loans exceeding the aggregate Commitments or (c) the total Covered Debt Amount exceeding the Borrowing Base then in effectCommitments. Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrower Borrowers may borrow, prepay and reborrow Syndicated Loans.

Appears in 2 contracts

Samples: International Paper Co /New/, International Paper Co /New/

The Commitments. Subject to the terms and conditions set forth herein, each Lender agrees to make Loans to the a Borrower from time to time during the Availability Period in an aggregate principal amount that will not result in (a) such Lender’s 's Revolving Credit Exposure exceeding such Lender’s Commitment, 's Commitment or (b) the aggregate total Revolving Credit Exposure of all Exposures exceeding the total Commitments (it being understood that Loans may be made, or be outstanding, to more than one of the Lenders exceeding the aggregate Commitments or (c) the total Covered Debt Amount exceeding the Borrowing Base then in effectBorrowers at any time). Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrower Borrowers may borrow, prepay and reborrow Loans.

Appears in 2 contracts

Samples: Credit Agreement (Xl Capital LTD), 364 Day Credit Agreement (Xl Capital LTD)

The Commitments. Subject to the terms and conditions set forth herein, each Lender severally agrees to make Loans to the Borrower from time to time during the Availability Period in an aggregate principal amount that will not result in (a) such Lender’s Revolving Credit Exposure exceeding such Lender’s Commitment, (b) the aggregate Revolving Credit Exposure of all of the Lenders exceeding the aggregate Commitments or (c) the total Covered Debt Amount exceeding the a Borrowing Base then in effectDeficiency. Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrower may borrow, prepay and reborrow Loans.

Appears in 2 contracts

Samples: Senior Secured (Oaktree Specialty Lending Corp), Revolving Credit Agreement (Oaktree Specialty Lending Corp)

The Commitments. Subject to the terms and conditions set forth herein, each Lender agrees to make Loans to the Borrower from time to time during prior to the Availability Period Maturity Date in an aggregate principal amount that will not result in (a) such Lender’s Revolving Credit Exposure exceeding such Lender’s Commitment, (b) the aggregate Revolving Credit Exposure of all of the Lenders exceeding the aggregate Commitments or (c) the total Covered Debt Amount exceeding the Borrowing Base then in effect. Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrower may borrow, prepay and reborrow Loans.

Appears in 2 contracts

Samples: Secured Revolving Credit Agreement (FIDUS INVESTMENT Corp), Senior Secured (FIDUS INVESTMENT Corp)

The Commitments. Subject to the terms and conditions set forth herein, each Lender agrees to make Loans in Dollars to the Borrower from time to time during the Availability Period in an aggregate principal amount that will not result in (a) such Lender’s Revolving Credit Exposure exceeding such Lender’s Commitment, (b) the aggregate Revolving Credit Exposure of all of the Lenders exceeding the aggregate Commitments Commitments, or (c) the total Covered Debt Amount exceeding the Borrowing Base then in effect. Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrower may borrow, prepay and reborrow Loans.

Appears in 2 contracts

Samples: Guarantee and Security Agreement (Franklin BSP Capital Corp), Senior Secured Credit Agreement (Franklin BSP Lending Corp)

The Commitments. Subject to the terms and conditions set forth herein, each Lender severally agrees to make Loans to the Borrower from time to time during prior to the Availability Period Maturity Date in an aggregate principal amount that will not result in (a) such Lender’s Revolving Credit Exposure exceeding such Lender’s Commitment, (b) the aggregate Revolving Credit Exposure of all of the Lenders exceeding the aggregate Commitments or (c) the total Covered Debt Amount exceeding the Borrowing Base then in effect. Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrower may borrow, prepay and reborrow Loans.

Appears in 2 contracts

Samples: Senior Secured (FIDUS INVESTMENT Corp), Credit Agreement (FIDUS INVESTMENT Corp)

The Commitments. Subject to the terms and conditions set forth herein, each Lender agrees to make Loans to the Borrower from time to time during the Availability Period in an aggregate principal amount that will not result in (a) such Lender’s Revolving Credit Exposure exceeding such Lender’s Commitment, (b) the aggregate Revolving Credit Exposure of all of the Lenders exceeding the aggregate Commitments Commitments, or (c) the total Covered Debt Amount exceeding the Borrowing Base then in effect. Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrower may borrow, prepay and reborrow Loans.

Appears in 2 contracts

Samples: Senior Secured (Sierra Income Corp), Revolving Credit Agreement (Sierra Income Corp)

The Commitments. Subject to the terms and conditions set forth herein, herein each Lender agrees to make Loans in Dollars to the Borrower from time to time during the Availability Period in an aggregate principal amount that will not result in (ai) such Lender’s Revolving Credit Exposure exceeding such Lender’s Commitment, (bii) the aggregate Revolving Credit Exposure of all of the Lenders exceeding the aggregate Commitments Commitments, or (ciii) the total Covered Debt Amount exceeding the Borrowing Base then in effect. Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrower may borrow, prepay and reborrow Loans.

Appears in 1 contract

Samples: Secured Revolving Credit Agreement (American Capital, LTD)

The Commitments. Subject to the terms and conditions set forth herein, each Lender agrees to make Revolving Loans in Dollars or any Agreed Foreign Credit Agreement Currency to the Borrower Borrowers from time to time during the Availability Period in an aggregate principal amount that will not result in (a) such Lender’s Revolving Credit Exposure exceeding such Lender’s Commitment, Commitment or (b) the aggregate sum of the total Revolving Credit Exposure Exposures plus the aggregate principal amount of all of the Lenders outstanding Competitive Loans exceeding the aggregate Commitments or (c) the total Covered Debt Amount exceeding the Borrowing Base then in effectCommitments. Within the foregoing limits and subject to the terms and conditions set forth herein, the each Borrower may borrow, prepay and reborrow Revolving Loans.

Appears in 1 contract

Samples: Credit Agreement (NYSE Euronext)

The Commitments. Subject to the terms and conditions set --------------- forth herein, each Lender agrees to make Revolving Loans to the Borrower from time to time during the Availability Period in an aggregate principal amount that will not result in (a) such Lender’s 's Revolving Credit Exposure exceeding such Lender’s Commitment, 's Credit Agreement ---------------- Commitment or (b) the aggregate sum of the total Revolving Credit Exposure Exposures plus the aggregate principal amount of all of the Lenders outstanding Competitive Loans exceeding the aggregate Commitments or (c) the total Covered Debt Amount exceeding the Borrowing Base then in effectCommitments. Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrower may borrow, prepay and reborrow Revolving Loans.

Appears in 1 contract

Samples: Credit Agreement (Nationwide Health Properties Inc)

The Commitments. Subject to the terms and conditions set forth herein, each Lender agrees to make Revolving Loans in Dollars or any Agreed Foreign Currency to the Borrower Borrowers from time to time during the Availability Period in an aggregate principal amount that will not result in (a) such Lender’s Revolving Credit Exposure exceeding such Lender’s Commitment, Commitment or (b) the aggregate sum of the total Revolving Credit Exposure Exposures plus the aggregate principal amount of all of the Lenders outstanding Competitive Loans exceeding the aggregate Commitments or (c) the total Covered Debt Amount exceeding the Borrowing Base then in effectCommitments. Within the foregoing limits and subject to the terms and conditions set forth herein, the each Borrower may borrow, prepay and reborrow Revolving Loans.

Appears in 1 contract

Samples: Assignment and Assumption (NYSE Euronext)

The Commitments. Subject to the terms and conditions set forth herein, each Lender agrees to make Loans to the Borrower from time to time during the Availability Period in an aggregate principal amount that will not result in (a) such Lender’s Revolving Credit Exposure exceeding such Lender’s Commitment, (b) the aggregate Revolving Credit Exposure of all of the Lenders exceeding the aggregate Commitments Commitments, or (c) the total Covered Debt Amount exceeding the a Borrowing Base then in effectDeficiency. Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrower may borrow, prepay and reborrow Loans.

Appears in 1 contract

Samples: Revolving Credit Agreement (Credit Suisse Park View BDC, Inc.)

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The Commitments. Subject to the terms and conditions set forth herein, each Lender agrees to make Loans to the Borrower from time to time during the Availability Period in an aggregate principal amount that will not result in (a) such Lender’s Revolving Credit Exposure exceeding such Lender’s Commitment, (b) the aggregate Revolving Credit Exposure of all of the Lenders exceeding the aggregate Commitments or (c) the total Covered Debt Amount exceeding the Borrowing Base then in effect. Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrower may borrow, prepay and reborrow Loans. SECTION 2.02.

Appears in 1 contract

Samples: Secured Revolving Credit Agreement (Capital Southwest Corp)

The Commitments. Subject to the terms and conditions set forth herein, each Lender agrees to make Loans in Dollars to the Borrower from time to time during the Availability Period in an aggregate principal amount that will not result in (ai) such Lender’s Revolving Credit Exposure exceeding such Lender’s Commitment, (bii) the aggregate Revolving Credit Exposure of all of the Lenders exceeding the aggregate Commitments Commitments, or (ciii) the total Covered Debt Amount exceeding the Borrowing Base then in effect. Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrower may borrow, prepay and reborrow Loans.

Appears in 1 contract

Samples: Secured Revolving Credit Agreement (Resource Capital Corp.)

The Commitments. Subject to the terms and conditions set forth herein, each Lender agrees to make Loans to the Borrower from time to time during the Availability Period in dollars in an aggregate principal amount that will not result in (a) such Lender’s Revolving Credit Exposure exceeding the lesser of such Lender’s Commitment, Commitment and such Lender’s Applicable Percentage of the aggregate Borrowing Base or (b) the aggregate total Revolving Credit Exposure of all Exposures exceeding the lesser of the Lenders exceeding total Commitments and the aggregate Commitments or (c) the total Covered Debt Amount exceeding the Borrowing Base then in effect. Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrower may borrow, prepay and reborrow the Loans.

Appears in 1 contract

Samples: Credit Agreement (American Realty Capital New York Recovery Reit Inc)

The Commitments. Subject to the terms and conditions set forth herein, each Lender agrees to make Loans to the Borrower from time to time during the Availability Period in an aggregate principal amount that will not result in (ai) such Lender’s Revolving Credit Exposure exceeding such Lender’s Commitment, (bii) the aggregate Revolving Credit Exposure of all of the Lenders exceeding the aggregate Commitments or (ciii) the total Covered Debt Amount exceeding the Borrowing Base then in effect. Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrower may borrow, prepay and reborrow Loans.

Appears in 1 contract

Samples: Secured Revolving Credit Agreement (Fifth Street Finance Corp)

The Commitments. Subject to the terms and conditions set forth herein, each Lender (severally and not jointly) agrees to make Loans in Dollars to the Borrower from time to time during the Availability Period in an aggregate principal amount that will not result in (ai) such Lender’s Revolving Credit Exposure exceeding such Lender’s Commitment, Commitment or (bii) the aggregate sum of the total Revolving Credit Exposure of all of the Lenders Exposures exceeding the aggregate amount of the Lenders’ Commitments or (c) the total Covered Debt Amount exceeding the Borrowing Base as then in effect. Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrower may borrow, prepay and reborrow Loans.

Appears in 1 contract

Samples: Credit Agreement (International Paper Co /New/)

The Commitments. Subject to the terms and conditions set forth herein, each Lender agrees to make Revolving Loans in Dollars to the Borrower from time to time during the Availability Period in an aggregate principal amount that will not result result, after giving effect thereto and the use of proceeds thereof, in (ai) such Lender’s Revolving Credit Exposure exceeding such Lender’s Commitment, Commitment or (bii) the aggregate total Revolving Credit Exposure Exposures of all of the Lenders exceeding the aggregate Commitments or (c) the total Covered Debt Amount exceeding the Borrowing Base then in effectCommitments. Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrower may borrow, prepay and reborrow Revolving Loans.. Credit Agreement

Appears in 1 contract

Samples: Credit Agreement (Bard C R Inc /Nj/)

The Commitments. Subject to the terms and conditions set forth herein, each Lender agrees to make Loans to the Borrower from time to time during the Availability Period in an aggregate principal amount that will not result in (a) such Lender’s Revolving Credit Exposure exceeding such Lender’s Commitment, (b) the aggregate Revolving Credit Exposure of all of the Lenders exceeding the aggregate Commitments or (c) the total Covered Debt Amount exceeding the a Borrowing Base then in effectDeficiency. Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrower may borrow, prepay and reborrow Loans.

Appears in 1 contract

Samples: Revolving Credit Agreement (Oaktree Specialty Lending Corp)

The Commitments. Subject to the terms and conditions set forth herein, each Lender agrees to make Loans to the Borrower from time to time during the Availability Period in an aggregate principal amount that will not result in (a) such Lender’s 's Revolving Credit Exposure exceeding such Lender’s 's Commitment, (b) the aggregate Revolving Credit Exposure of all of the Lenders exceeding the aggregate Commitments or (c) the total Covered Debt Amount exceeding the Borrowing Base then in effect. Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrower may borrow, prepay and reborrow Loans.

Appears in 1 contract

Samples: Senior Secured Revolving Credit Agreement (Alcentra Capital Corp)

The Commitments. Subject to the terms and conditions set forth herein, each Lender agrees to make Syndicated Loans to the Borrower from time to time during the Availability Period in an aggregate principal amount that will not result result, after giving effect thereto and the use of proceeds thereof, in (a) such Lender’s Revolving Credit Exposure exceeding such Lender’s Commitment, Commitment or (b) the aggregate sum of the total Revolving Credit Exposure Exposures plus the aggregate principal amount of all of the Lenders outstanding Competitive Loans exceeding the aggregate Commitments or (c) the total Covered Debt Amount exceeding the Borrowing Base then in effectCommitments. Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrower may borrow, prepay and reborrow Syndicated Loans.

Appears in 1 contract

Samples: Credit Agreement (Bard C R Inc /Nj/)

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